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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                            Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                            1
                                                                Annual and Sustainability Report
Page 2
2023

Meningkatkan Konektivitas, Mengkatalisasi
Transformasi Berkelanjutan bagi Negeri
Enhanching Connectivity, Catalyzing Sustainable
Transformation for the Nation




               Laporan Tahunan dan Keberlanjutan
2                                                   PT Kereta Api Indonesia (Persero)
                 Annual and Sustainability Report
Page 3
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PENJELASAN TEMA
Theme Explanation




                   Enhanching Connectivity, Catalyzing Sustainable
                           Transformation for the Nation

PT Kereta Api Indonesia (Persero) berkomitmen untuk            PT Kereta Api Indonesia (Persero) is committed to being
menjadi katalisator utama dalam mendorong transformasi         the primary catalyst in driving sustainable transformation
berkelanjutan bagi negeri melalui inisiatif yang terfokus      for the nation through initiatives focused on enhancing
pada peningkatan konektivitas. Sebagai pionir dalam            connectivity. As a pioneer in the land transportation sector,
sektor transportasi darat, perusahaan telah mengambil          the company has taken a central role in accelerating
peran sentral dalam mempercepat pertumbuhan dan                national economic growth and progress.With a railway
kemajuan ekonomi nasional. Dengan jaringan kereta api          network stretching from the western to the eastern ends of
yang merentang dari ujung barat hingga timur, PT Kereta        the country, PT Kereta Api Indonesia has created efficient
Api Indonesia telah menciptakan jalur komunikasi yang          communication routes, connecting economic, industrial,
efisien, menghubungkan pusat-pusat ekonomi, industri,          and trade centers across the nation. The existence of
dan perdagangan di seluruh negeri. Keberadaan layanan          reliable rail services not only shortens the distance
kereta api yang handal tidak hanya memperpendek jarak          between cities but also expands accessibility for
antar-kota, tetapi juga memperluas aksesibilitas bagi          communities in remote areas.
masyarakat di daerah-daerah terpencil.

Melalui investasi strategis dalam pemeliharaan dan             Through strategic investments in the maintenance and
pengembangan infrastruktur, PT Kereta Api Indonesia            development of infrastructure, PT Kereta Api Indonesia
memberikan kontribusi signifikan pada perubahan positif        makes a significant contribution to positive changes in the
dalam sektor transportasi. Penambahan jalur kereta api,        transportation sector. The addition of railway lines, station
perluasan stasiun, dan peningkatan teknologi layanan           expansions, and technological service improvements are
merupakan upaya nyata dalam meningkatkan efisiensi             tangible efforts to enhance travel efficiency and quality.
dan kualitas perjalanan.

PT Kereta Api Indonesia juga mengambil peran sebagai           PT Kereta Api Indonesia also plays a role as a social and
katalisator sosial dan ekonomi, menciptakan peluang baru       economic catalyst, creating new opportunities for business
untuk pengembangan bisnis dan pertumbuhan ekonomi              development and local economic growth. By building close
lokal. Dengan membangun kolaborasi erat dengan                 collaborations with various stakeholders, the company
berbagai pemangku kepentingan, perusahaan ini                  promotes sustainable transformation that positively
mendorong transformasi berkelanjutan yang berdampak            impacts community development along the railway lines.
positif pada pengembangan masyarakat di sepanjang jalur
kereta api.

Sebagai pilar penting dalam mobilitas dan konektivitas, PT     As an essential pillar in mobility and connectivity, PT Kereta
Kereta Api Indonesia (Persero) tidak hanya menjadi             Api Indonesia (Persero) is not only a primary driver of
penggerak utama transformasi nasional tetapi juga              national transformation but also a promoter of change
pendorong perubahan menuju masa depan yang lebih               towards a more sustainable and inclusive future for the
berkelanjutan dan inklusif bagi negeri.                        nation.




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              3
                                                                  Annual and Sustainability Report
Page 4
KESINAMBUNGAN TEMA
Theme Continuity


              Berakselerasi Memperkuat Kontribusi bagi Negeri
                 Accelerating to Strengthen Contribution for the Nation




2022
Seiring pemulihan situasi ekonomi dari dampak pandemi       As the economic situation recovers from the impact of the
Covid-19, KAI terus memperkuat kontribusi pada sektor       Covid-19 pandemic, KAI continues to strengthen its
transportasi negeri. Hal tersebut terwujud melalui          contribution to the country's transportation sector. This
pengembangan usaha dan operasional selama 2022, yang        was realized through business and operational
secara mendasar mampu mendorong daya adaptasi KAI           development throughout 2022, which is fundamentally
dalam menghadapi dinamika industri. Lebih dari itu,         able to encourage KAI's adaptability in dealing with
kontribusi KAI juga tercermin melalui peningkatan kinerja   industrial dynamics. Moreover, KAI's contribution is also
keberlanjutan yang terlaksana selama 2022, mencakup         reflected   in  the   improvement      in   sustainability
aspek ekonomi, sosial, dan lingkungan, sebagai upaya        performance that was carried out in 2022, covering
berkelanjutan dalam menghadirkan dukungan kuat bagi         economic, social, and environmental aspects, as an
pencapaian tujuan-tujuan pembangunan berkelanjutan di       ongoing effort to provide strong support for achieving
Indonesia.                                                  sustainable development goals in Indonesia.

Sampai akhir 2022, KAI menerapkan sejumlah langkah          As of the end of 2022, KAI was implementing various
strategis mencakup segmen angkutan penumpang dan            strategic steps covering the passenger and freight
barang. Pada angkutan penumpang, KAI menerapkan             transportation segments. In passenger transportation, KAI
pencegahan penularan Covid-19 sesuai kebijakan              implemented prevention of Covid-19 transmission
Pemerintah, sebagai upaya menyeluruh dalam memberi          according to Government policy, as a comprehensive
rasa aman bagi seluruh pelanggan. KAI juga telah            effort to provide a sense of security for all customers. KAI
menerapkan sejumlah upaya pemasaran, baik secara            has also implemented a number of marketing efforts,
online maupun offline, hingga melakukan reclass,            both online and offline, to reclassing, rerouting, and
rerouting, dan menghadirkan perjalanan KA tambahan.         presenting additional train trips. Then, in the
Kemudian, pada angkutan barang, KAI telah menerapkan        transportation of freight, KAI implemented numerous
sejumlah upaya yang diarahkan guna percepatan               efforts aimed at accelerating the development of
pembangunan infrastruktur pendukung, optimalisasi           supporting infrastructure, optimizing marketing Rolling
sarana dan kegiatan pemasaran, hingga menerapkan            Stock and activities, as well as implementing operational
upaya efisiensi pola operasi untuk meningkatkan volume      pattern efficiency efforts to increase transportation
angkutan, baik pada wilayah Jawa maupun Sumatra.            volume, both in Java and Sumatra.




                      Laporan Tahunan dan Keberlanjutan
4                                                                                    PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 5
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Penguatan kontribusi KAI antara lain ditunjukkan melalui      Strengthening of KAI's contribution, among others, is
peningkatan kualitas operasional, baik pada aspek             shown through operational quality improvement, both in
keselamatan, ketepatan waktu, kenyamanan, dan daya            the aspects of safety, punctuality, comfort, and travel
tarik perjalanan. Pada 2022, KAI berhasil meningkatkan        attractiveness. In 2022, KAI succeeded in increasing
keandalan melalui kinerja pelayanan dan keselamatan,          reliability through service and safety performance, by
dengan merealisasikan penurunan kecelakaan dan                realizing a reduction in accidents and delays, both on
keterlambatan, baik pada KA penumpang maupun KA               passenger and freight trains. The increased comfort and
barang. Peningkatan kenyamanan dan daya tarik                 attractiveness of train travel is also reflected in the
perjalanan KA juga tercermin melalui hadirnya KA Luxury       presence of the Luxury KA and the Panoramic KA in 2022.
dan KA Panoramic pada 2022.

Atas pencapaian yang diraih pada 2022, kami optimistis        For the performance achieved in 2022, we are optimistic
kontribusi KAI dapat dipertahankan dan terus ditingkatkan     that KAI's contribution can be maintained and
seiring kelanjutan laju pembangunan negeri. Kami              continuously improved in line with the country's
optimistis, KAI akan tumbuh lebih kuat sebagai pengelola      continued development. We are optimistic that KAI will
moda transportasi berkelas dunia, seiring pencapaian visi     grow stronger as a world-class mode of transportation
untuk hadir menjadi solusi ekosistem transportasi terbaik     operator, in line with achieving its vision to be present as
untuk Indonesia.                                              the best transportation ecosystem solution for Indonesia.




       Semangat Bangkit Untuk Melayani Lebih Cepat dan Lebih Baik
                           The Spirit of Rising to Serve Faster and Better




2021
Tahun 2021 menjadi tahun ditanamkan semangat                  2021 was the year to instill the spirit of recovery from the
pemulihan dari dampak pandemi COVID-19. Sinyal                impact of the COVID-19 pandemic. Signals of economic
pemulihan ekonomi dapat terlihat dari Purchasing              recovery could be seen from the global manufacturing
Managers’ Index (PMI) manufaktur global yang berada           Purchasing Managers’ Index (PMI), which was in the
pada zona ekspansif. Dalam menyambut sinyal tersebut,         expansion zone. In welcoming this signal, PT Kereta Api
PT Kereta Api Indonesia (Persero) atau KAI membangun          Indonesia (Persero) or KAI developed special strategies
strategi-strategi khusus yang dilakukan dalam upaya           carried out in an effort to rise and return to normal during
untuk bangkit dan kembali normal di masa Pandemi              the COVID-19 pandemic while still prioritizing KAI’s vision,
COVID-19 dengan tetap mengutamakan visi, misi serta           mission and values.
nilai-nilai KAI.




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             5
                                                                 Annual and Sustainability Report
Page 6
Perseroan melakukan berbagai inisiatif dan hal-hal baru     The Company carried out various initiatives and new
seperti perbaikan layanan tempuh kereta api (KA Argo        things such as improving rail travel services (KA Argo
Bromo Anggrek (Gambir - Surabaya Pasar Turi PP), Argo       Bromo Anggrek (Gambir - Surabaya Pasar Turi PP), Argo
Wilis (Bandung – Surabaya Gubeng PP), Argo Lawu             Wilis (Bandung - Surabaya Gubeng PP), Argo Lawu
(Gambir - Solo Balapan PP), Argo Dwipangga (Gambir -        (Gambir - Solo Balapan PP), Argo Dwipangga (Gambir -
Solo Balapan PP), dan Taksaka (Gambir - Yogyakarta PP)),    Solo Balapan PP), and Taksaka (Gambir - Yogyakarta PP)),
penambahan frekuensi perjalanan kereta api, penerapan       increasing the frequency of train trips, implementing
dynamic pricing, penggunaan model skema tarif untuk         dynamic pricing, using a tariff scheme model for
angkutan sesuai dengan cluster kereta api unggulan, non-    transportation in accordance with the superior, non-
unggulan dan kereta api perintis. Untuk peningkatan         seeded and pioneer train clusters. To enhance passenger
pelayanan kepada penumpang kereta api juga dilakukan        service, free Wi-Fi has been provided on the Argo Bromo
dengan menghadirkan wifi gratis dalam KA Argo Bromo         Anggrek, Argo Lawu, Argo Dwipangga, Argo Wilis,
Anggrek, Argo Lawu, Argo Dwipangga, Argo Wilis, Taksaka,    Taksaka, and Argo Parahyangan trains, as well as Live
dan Argo Parahyangan serta layanan Live Cooking di atas     Cooking services on the Argo Bromo Anggrek, Argo Lawu,
KA Argo Bromo Anggrek, KA Argo Lawu, Argo Dwipangga,        Argo Dwipangga, Taksaka, and Argo Wilis trains. KAI has
Taksaka, dan Argo Wilis. KAI juga menghadirkan layanan      also introduced first-mile-last-mile services, KAI Pay
first mile-last mile, layanan dompet digital KAI Pay, dan   digital wallet services, and top-up and billing services at
layanan top up dan tagihan di Access by KAI.                Access by KAI.

Berbagai langkah terus diupayakan yang mengarah pada        Various steps were continuously pursued that lead to
keselamatan, ketepatan waktu, pelayanan dan kenyaman        safety, punctuality, service and comfort such as
seperti menjaga kehandalan sarana dan prasarana,            maintaining the reliability of Rolling Stock and
peningkatan jaminan keselamatan, implementasi sistem        infrastructure, increasing safety assurance, implementing
manajemen berbasis pelanggan (customer driven)              a customer-driven management system (customer
melanjutkan penataan SDM, intensifikasi pasar yang sudah    driven), continuing HR management, intensifying existing
ada, pengembangan sistem informasi yang terpadu, dan        markets, developing an integrated information system
peningkatan peran bisnis non angkutan melalui               and increasing the role of non-transportation businesses
penertiban aset serta pengelolaan aset secara optimal dan   through asset control and optimal and professional asset
profesional.                                                management.

Kontribusi Perseroan lainnya ditunjukkan dengan             The Company’s other contribution could be shown by
mengawal jalannya Proyek Strategis Nasional berbasis        overseeing the implementation of the National Strategic
perkeretaapian yaitu LRT Jabodebek dan Kereta Cepat         Projects based on the railway, namely the Jabodebek LRT
Jakarta-Bandung. Dengan dijadikannya KAI sebagai            and the Jakarta-Bandung high-speed train. With the
pimpinan konsorsium BUMN atas proyek Kereta Cepat           appointment of KAI as the head of the SOE consortium for
Jakarta Bandung serta dikucurkannya dana PMN oleh           the Jakarta Bandung High Speed Rail project and the
Pemerintah kepada perseroan untuk pembiayaan kedua          Government’s disbursement of PMN funds to the
proyek tersebut, kita semakin optimis bahwa Indonesia       company to finance the two projects, we were
akan segera memiliki moda transportasi tambahan untuk       increasingly optimistic that Indonesia could soon have
menunjang terciptanya ekosistem transportasi yang baik.     additional modes of transportation to support the
                                                            creation of a good transportation ecosystem.




                      Laporan Tahunan dan Keberlanjutan
6                                                                                    PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 7
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                      Adaptif, Solutif, Kolaboratif Untuk Indonesia
                        Adaptive, Solutive, Collaboration for Indonesia




2020
Perubahan adalah hal pasti. Kita hanya perlu menerimanya      Change is a sure thing. We just need to accept it with an
dengan pikiran terbuka. Pada tahun 2020 KAI memasuki          open mind. In 2020 KAI has entered a new era which is
era baru yang diwujudkan melalui visi Menjadi Solusi          manifested through the vision of Becoming the Best
Ekosistem Transportasi Terbaik untuk Indonesia. Perseroan     Transportation Ecosystem Solution for Indonesia. The
juga mengubah budaya dan logo perusahaan. Seluruh             Company also changed its company culture and logo. All
pembaruan ini merupakan upaya kami untuk terus                of these updates are our efforts to continue to adapt to the
beradaptasi dengan zaman, sehingga pelanggan                  times, hence the customers is able to always enjoy the
senantiasa dapat menikmati peningkatan layanan. Kondisi       improvement of our service. The challenging conditions
yang menantang tidak menghalangi kami untuk                   did not prevent us from creating momentum for
menciptakan     momentum         penyegaran,   melainkan      refreshment, but rather became the foundation for
menjadi fondasi untuk bertahan dan berkembang di masa         survival and enhancement in the future.
mendatang.

Semangat ini kami tampilkan melalui desain sampul muka        We show this spirit through the face cover design that
yang mengusung pendekatan fotografi. Foto kereta KAI          carries a photographic approach. Photo of the KAI train
yang sedang berjalan dalam kecepatan tinggi menjadi           running at high speed is the focus, representing KAI as a
fokus, merepresentasikan KAI sebagai sosok perusahaan         dynamic company figure and can adapt quickly to face
yang dinamis dan dapat beradaptasi dengan cepat untuk         challenges in 2020.
menghadapi tantangan di tahun 2020.




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             7
                                                                 Annual and Sustainability Report
Page 8
                     Adaptif, Solutif, Kolaboratif Untuk Indonesia
                        Adaptive, Solutive, Collaboration for Indonesia




2019
Di tahun 2019 PT Kereta Api Indonesia (Persero) berhasil   In 2019, KAI achieved many improvements, from services
menorehkan berbagai peningkatan, baik dari segi layanan,   segments, to the Company’s revenue. The Company
maupun dari angka pendapatan. Komitmen Perseroan           commitment to be always on the right track and
untuk terus melaju di jalur yang tepat dan tiada henti     relentlessly connecting the Country successfully retained
menghubungkan negeri berhasil dipertahankan dan            and remarked by our best achievements for the Company
menghasilkan torehan-torehan terbaik bagi Perseroan dan    and for all the stakeholders. Service improvements as the
seluruh pemangku kepentingan. Peningkatan layanan          timely    train    departure    schedules    and    facility
perjalanan kereta api berupa kesesuaian jadwal             improvements on all KAI’s train station sites were already
keberangkatan dan penyempurnaan fasilitas di stasiun-      accomplished as the Company hard work to show our
stasiun milik KAI juga berhasil dilakukan sebagai bentuk   commitment. Such achievement willbe relentlessly
upaya Perseroan untuk menunjukkan komitmen kami.           retained by KAI to achieve a successful future.
Upaya tersebut tidak akan berhenti dilakukan oleh PT KAI
untuk terus mencapai kesuksesan di masa yang akan
datang.




                      Laporan Tahunan dan Keberlanjutan
8                                                                                   PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 9
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KEKUATAN BISNIS KAI
KAI BUSINESS ADVANTAGE

KAI terus beroperasi sebagai perusahaan penyedia jasa         KAI continues to operate as a transportation service
transportasi di Indonesia dengan kekuatan bisnis sebagai      provider in Indonesia with the following business
berikut:                                                      advantages:

   1.   Satu-satunya Perseroan BUMN di bidang kereta api          1.   The only state-owned company in the railway
        di Indonesia.                                                  sector inIndonesia.

   2. Sebagian besar lini bisnis anak perusahaan                  2. Most of the subsidiaries’ business lines bring
      membawa keunggulan strategis untuk KAI.                        strategic advantages to KAI.

   3. Memiliki pengetahuan dan kemampuan dalam                    3. Having the knowledge and skills in running a
      menjalankan bisnis dan operasi kereta api yang                 railroad business and operation for decades.
      telah dibangun selama beberapa dekade.

   4. Telah menjadi operator untuk infrastruktur                  4. Becoming      an     operator   for  the    existing
      eksisting (jaringan kereta sepanjang utara dan                 infrastructure (railway network along the north and
      selatan Pulau Jawa serta sisi utara, barat, dan                south of Java Island as well as the north, west and
      selatan Pulau Sumatera).                                       south sides of Sumatra Island).


   5. Memiliki aset lahan yang sangat luas dan sebagian           5. Having a very large land assets, and most of them
      besar terletak di lokasi strategis.                            are located in strategic locations.


   6. Infrastruktur tetap dirawat dengan baik dan bukan           6. The infrastructure remains well maintained and
      merupakan penyebab utama dari gangguan yang                    poses nothreat from unforeseen disturbances.
      tidak terduga.

   7.   Peningkatan pada aspek keselamatan yang                   7. Improvements in safety aspects indicated by the
        diindikasikan dari tren positif dari penurunan               positive trend of decreasing the number of
        jumlah kecelakaan dalam 5 (lima) tahun terakhir.             accidents in the last five years.


   8. Memiliki dukungan dana dari Pemerintah untuk                8. Having financial support from the government for
      pemeliharaan dan operasi kereta api.                           the maintenance and operation of the railway.


   9. Adanya pembiayaan yang kuat.                                9. Having strong financing.


   10. Memiliki jumlah tenaga kerja yang besar.                   10. Having a large workforce.


   11. Memiliki bisnis utama yakni angkutan penumpang             11. Having two main business lines, namely passenger
       dan angkutan barang, serta komersialisasi aset                 Having several main businesses, namely passenger
       sebagai bisnis pendukung.                                      transportation and freight transportation, as well as
                                                                      the commercialization of assets as a supporting
                                                                      business




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             9
                                                                 Annual and Sustainability Report
Page 10
KONTRIBUSI KAI BAGI INDONESIA MAJU
KAI'S CONTRIBUTION TO THE ONWARD INDONESIA

Sesuai tema peringatan Hari Ulang Tahun Kemerdekaan          In line with the theme of the 78th Anniversary of the
Republik Indonesia ke-78 yaitu “Terus Melaju Untuk           Independence of the Republic of Indonesia, "Keep
Indonesia Maju”, KAI turut bergerak bersama secara           Moving Forward for a Progressive Indonesia," KAI actively
harmoni, meneruskan laju pertumbuhan secara kolektif,        participates harmoniously in the collective growth
yang tercermin antara lain pada sejumlah hal sebagai         momentum, reflected in various aspects as follows.
berikut.

Penyelesaian Proyek Strategis Nasional Proyek KCJB           Completion of National Strategic Projects: KCJB and
dan Proyek LRT Jabodebek                                     Jabodebek LRT Projects
Beroperasinya LRT Jabodebek dan Kereta Cepat Jakarta         The operation of the Jabodebek LRT and Jakarta-
Bandung (KCJB) Whoosh ditujukan untuk meningkatkan           Bandung High-Speed Rail (KCJB) Whoosh aims to
mobilitas, mendorong perekonomian daerah, mengurangi         enhance mobility, boost regional economies, reduce
beban kemacetan, serta mendukung upaya mengurangi            traffic congestion, and support efforts to reduce pollution
polusi dan emisi gas rumah kaca.                             and greenhouse gas emissions.

LRT Jabodebek telah resmi beroperasi pada tanggal 28         The Jabodebek LRT officially began operations on August
Agustus 2023 dan memiliki 3 lintas yaitu Cibubur –           28 th, 2023, with three lines: Cibubur – Cawang, East
Cawang, Bekasi Timur – Cawang dan Cawang – Dukuh             Bekasi – Cawang, and Cawang – Dukuh Atas. The
Atas. LRT Jabodebek mampu melayani 740 penumpang             Jabodebek LRT can serve 740 passengers per trainset,
per rangkaian, 158 perjalanan setiap harinya, dengan total   with 158 trips daily, accommodating a total capacity of
kapasitas 137 ribu penumpang per hari.                       137,000 passengers per day.

Adapun KCJB Whoosh yang diresmikan pada 2 Oktober            The KCJB Whoosh, inaugurated on October 2nd, 2023, has
2023    memiliki     kecepatan     350  km/jam     yang      a speed of 350 km/h, enabling Jakarta-Bandung travel
memungkinkan perjalanan Jakarta-Bandung sekitar 46           in approximately 46 minutes. From its inauguration until
menit. Sejak diresmikan hingga 31 Desember 2023, Whoosh      December 31 st, 2023, Whoosh has served over 1 million
telah melayani lebih dari 1 juta penumpang.                  passengers.

Peningkatan Kapasitas dan Layanan Angkutan                   Increasing Capacity and Services for Passenger and
Penumpang serta Angkutan Barang                              Freight Transport
Menawarkan moda transportasi berbasis rel, KAI               Offering rail-based transportation, KAI promises scheduled,
menjanjikan transportasi yang terjadwal, relatif bebas       relatively congestion-free, and environmentally friendly
macet dan ramah lingkungan. Selama tahun 2023, KAI           transportation. Throughout 2023, KAI transported
telah mengangkut 388.776.604 orang dan 63.694.966 ton        388,776,604 passengers and 63,694,966 tons of freight,
barang, masing-masing berhasil melampaui target yang         exceeding the set targets of 382,089,477 passengers and
ditetapkan yaitu 382.089.477 orang dan 63.061.602 ton        63,061,602 tons of freight. These achievements are
barang. Pencapaian tersebut turut didukung oleh              supported by KAI's strong infrastructure and Rolling
kekuatan sarana dan prasarana KAI.                           Stock.



                   SARANA (SIAP OPERASI) / ROLLING STOCK (READY FOR OPERATION)


                                           1.064 Unit                                7.272 Unit Carriage
                                                                                                  Unit Gerbang
        464 Unit Lokomotif                            KRL
            Unit Locomotive                      Unit Commuter Line


         85 KRD
            DMU                            1.729 Unit Kereta
                                                 Unit Train                            186
                                                                                                  Unit LRT
                                                                                                  Unit LRT



                                       PRASARANA / INFRASTRUCTURE

     100,1% Sinyal dan Telekomunikasi Listrik
            Electric Signaling and Telecommunications              103,3% Jalan rel dengan kondisi baik
                                                                          Railway tracks in good condition



     5,365 kmsp Rencana
                Planned                                            5,543 kmsp Realisasi
                                                                              Realization




                       Laporan Tahunan dan Keberlanjutan
10                                                                                    PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 11
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KAI telah melakukan reclass, rerouting, melakukan            KAI has undertaken reclassification, rerouting, increased
penambahan perjalanan kereta, serta menambah                 train trips, and added more train sets. New train services
rangkaian. Perjalanan KA Baru mulai Gapeka 2023 per 1        starting from the 2023 Gapeka on June 1 st, 2023, include:
Juni 2023 antara lain :
   1. KA Argo Merbabu relasi Semarang Tawang Bank               1. Argo Merbabu Train connecting Semarang Tawang
      Jateng - Gambir PP;                                          Bank Jateng to Gambir round-trip;
   2. KA Argo Semeru relasi Surabaya Gubeng - Gambir            2. Argo Semeru Train connecting Surabaya Gubeng
      PP;                                                          to Gambir round-trip;
   3. KA Manahan relasi Solo Balapan - Gambir PP;               3. Manahan Train connecting Solo Balapan to Gambir
                                                                   round-trip;
  4. KA Pandalungan relasi Gambir - Jember PP;                  4. Pandalungan Train connecting Gambir to Jember
                                                                   round-trip;
  5. KA Banyubiru relasi Semarang Tawang Bank Jateng            5. Banyubiru Train connecting Semarang Tawang Bank
     - Solo Balapan PP.                                            Jateng to Solo Balapan round-trip.

KAI juga menjalankan sejumlah inovasi dan peningkatan        KAI has also implemented various innovations and service
layanan KAI pada angkutan penumpang, antara lain:            improvements for passenger transportation, including:
   1. Penerapan       Face     Recognition      untuk          1. Implementing Face Recognition to simplify and
      mempermudah dan mempercepat proses boarding                 speed up the boarding process for train passengers,
      penumpang KA, serta digitalisasi informasi di               as well as digitizing information at stations;
      stasiun;
   2. Inovasi kereta panoramic, kereta kompartemen,             2. Introducing panoramic trains and compartment
      guna meningkatkan pelayanan pada penumpang;                  trains to enhance passenger service;
   3. Modifikasi kereta ekonomi new generation;                 3. Modifying new generation economy trains;
   4. Peluncuran kereta eksekutif stainless steel new           4. Launching new generation stainless steel executive
      generation, serta peluncuran kereta luxury new               trains, as well as new generation luxury trains.
      generation.

Adapun inovasi dan peningkatan layanan KAI pada              KAI's innovations and service improvements for freight
angkutan barang, antara lain:                                transportation include:


                         JAWA                                                           JAVA

  a) Perbaikan fasilitas timbangan Track Scale dan              a) Improvement of Track Scale facilities and
     pengadaan timbangan beserta penataan rumah                    procurement of scales, along with arrangement
     timbang                                                       of weighbridge houses.
  b) Penggunaan gerbong ketel (GK) 40 ton untuk                 b) Use of 40-ton tank cars (GK) for transporting
     angkutan BBM;                                                 fuel.
  c) Pemanfaatan      angkutan    balikan   dengan              c) Utilization of empty flatcars (GD) for round-trip
     memanfaatkan gerbong datar (GD) kosong                        transportation of other commodities.
     sebagai angkutan untuk komoditi lain
  d) Optimalisasi rangkaian pada KA angkutan Semen              d) Optimization of train sets for Cement
     dengan mengabungkan 2 (dua) KA yang                           transportation by combining 2 (two) trains with
     mempunyai relasi sama menjadi satu KA;                        the same route into one train.
  e) Penambahan angkutan retail/hantaran yg                     e) Addition of retail delivery services coupled with
     digandeng pada KA Penumpang;                                  Passenger trains.
  f) Implementasi aplikasi Rail Cargo System (RCS)              f) Implementation of Rail Cargo System (RCS)
     untuk semua komoditi sehingga dapat                           application for all commodities to streamline
     mempermudah dalam dokumentasi data dan                        data documentation and evaluation.
     evaluasi;




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                                                                Annual and Sustainability Report
Page 12
                      SUMATERA                                                     SUMATERA

     a) Peningkatan kapasitas terminal antara lain di           a) Capacity enhancement of terminals, including
        Serdang, Muaralawai dan Sukacinta untuk                    in Serdang, Muaralawai, and Sukacinta, to
        mempercepat proses muat dan bongkar                        expedite loading and unloading processes for
        angkutan batu bara.                                        coal transportation.
     b) Penambahan perjalanan dan gerbong angkutan              b) Addition of trips and cement transport carriages.
        semen
     c) Penambahan angkutan Petikemas mengangkut                c) Addition of Containerized Freight Transport
        inti sawit di Sumatera Utara menggunakan                   (Petikemas) carrying palm kernel in North
        container bukaan samping;                                  Sumatra using side-opening containers.
     d) Pembangunan serta pengoperasian Jalur V dan             d) Construction and operation of Tracks V and VI
        VI Emplasemen Stasiun Tanjung Enim Baru;                   at the Tanjung Enim Baru Station yard.
     e) Penambahan sarana (lokomotif dan gerbong                e) Addition of Rolling Stock (locomotives and
        datar), penggantian gerbong menjadi lebih                  flatcars), replacement of larger capacity
        besar serta modifikasi gerbong KKBW guna                   wagons, and modification of KKBW wagons to
        menunjang angkutan Batubara di Sumatera                    support coal transportation in South Sumatra.
        Selatan;
     f) Efektivitas waktu perjalanan kereta api dengan          f) Enhancement of railway travel time effectiveness
        meningkatkan SOP baik waktu muat, dalam                    by improving Standard Operating Procedures
        perjalanan maupun waktu bongkar;                           (SOPs) for loading, transit, and unloading times.
     g) Optimalisasi sarana (Lokomotif & Gerbong) yang          g) Optimization of existing Rolling Stock
        ada dengan perencanaan Waktu Peredaran                     (Locomotives & Wagons) with optimal Train
        Kereta Api (WPKA) yang optimal dan                         Circulation Time (WPKA) planning and utilization
        pemanfaatan kebutuhan sarana;                              of equipment needs.
     h) Integrasi aplikasi komoditi batubara antara PT          h) Integration of coal commodity applications
        Bukit Asam dengan PT KAI;                                  between PT Bukit Asam and PT KAI.




Selama tahun 2023, KAI telah meningkatkan kinerja             During 2023, KAI improved its operational performance
operasional menjadi lebih andal, dengan capaian rata-         to be more reliable, achieving average results below
rata berada di bawah toleransi yang menunjukkan               tolerance levels, indicating better performance.
kinerja lebih baik.

Waktu Peredaran Gerbong (WPG) rata-rata 1,69 hari atau        Average Wagon Turnaround Time was 1.69 days, or 81.6%
81,6% terhadap toleransinya yaitu 2,07 hari. Fakta di bawah   within its tolerance of 2.07 days. Being below tolerance
toleransi menunjukkan kinerja yang lebih baik                 indicates improved performance.

Realisasi lokomotif mogok terdapat 207 kejadian atau          There were 207 locomotive breakdown incidents,
40,7% terhadap toleransinya sebanyak 509 kejadian. Fakta      accounting for 40.7% of the tolerance of 509 incidents.
di bawah toleransi menunjukkan kinerja yang lebih baik;       Being below tolerance indicates improved performance.

Rata-rata kelambatan kereta api penumpang berangkat           Average passenger train departure delay was 0.40 minutes
0,40 menit dari toleransi 0,30 menit, dan kereta api          against a tolerance of 0.30 minutes, and arrival delay was
penumpang datang (0,12) menit dari toleransi 2,00 menit.      (0.12) minutes against a tolerance of 2.00 minutes. Being
Fakta di bawah toleransi menunjukkan kinerja yang lebih       below tolerance indicates improved performance.
baik

Rata-rata kelambatan kereta api barang berangkat (83,61)      Average freight train departure delay was 83.61 minutes
menit dari toleransi 9,00 menit dan kereta api barang         against a tolerance of 9.00 minutes, and arrival delay was
datang (66,92) menit dari toleransi 20,00 menit. Terhadap     66.92 minutes against a tolerance of 20.00 minutes. KAI
capaian ini, KAI akan terus berupaya meningkatkan             continues to strive for better performance in this regard.
kinerja.




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                          Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Penyelesaian Implementasi Energi Baru Terbarukan                Completion of Renewable Energy Implementation at
di Stasiun dan Balai Yasa                                       Stations and Balai Yasa
KAI telah meresmikan penggunaan Pembangkit Listrik              KAI officially launched the use of Solar Power Plants (PLTS)
Tenaga Surya (PLTS) atau solar panel di 40 stasiun dan          or solar panels at 40 stations and 2 Balai Yasa during 2023.
2 balai yasa selama tahun 2023. Implementasi PLTS di            The implementation of PLTS within KAI's infrastructure
lingkungan KAI merupakan bagian dari komitmen                   is part of its commitment to utilizing renewable energy
pemanfaatan energi baru terbarukan (EBT) guna                   sources (EBT) to support the government's energy
mendukung program transisi energi Pemerintah. Sistem            transition program. These PLTS systems remain
PLTS yang dibangun KAI ini tetap terhubung dengan               connected to the PLN electricity grid (On-Grid system),
listrik PLN (sistem On Grid), sehingga listrik pada             ensuring reliable electricity supply to KAI's assets.
bangunan aset KAI tetap andal dalam melayani                    Moreover, the PLTS systems are internet-connected,
kebutuhan pelanggan KAI. Selain itu, sistem PLTS telah          enabling real-time monitoring of the energy produced.
terkoneksi dengan internet sehingga energi yang
dihasilkan dapat dipantau secara real time.


                        TOTAL KAPASITAS PLTS / SOLAR PANEL TOTAL CAPACITY


                    40                                                               2
                    Stasiun                                                          Balai Yasa
                    Stations                                                         Balai Yasa




                    1.072,5 kWp                                                      594.6 kWp
                    Berkontribusi rata-rata sebesar
                                                                                     Berkontribusi rata-rata sebesar
                    49,63% dari kebutuhan listrik
                                                                                     39% kebutuhan listrik bangunan
                    bangunan
                                                                                     Contributes an average of 39%
                    Contributing an average of 49.63%
                                                                                     of the building's electricity needs
                    of the building's electricity needs




                    Mengurangi emisi gas karbon                                      Mengurangi emisi gas karbon
                    sebesar                                                          sebesar
                    Reducing carbon emissions by                                     Reducing carbon emissions by

                    48,21 ton                                                        9.29 ton
                    Atau setara dengan penanaman                                     Atau setara dengan penanaman
                    66 pohon.                                                        13 pohon
                    Equivalent to planting 66 trees                                  Equivalent to planting 13 trees


                    (November - Desember 2023)                                       (November - Desember 2023)
                    (November - December 2023)                                       (November - December 2023)




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                                                                   Annual and Sustainability Report
Page 14
 Daftar Isi
     Table of Contents

                                                           Laporan Manajemen
      3
           Penjelasan Tema                              2 Management Report
           Theme Explanation


           Kesinambungan Tema
      4    Theme Continuity                               40
                                                               Laporan Direksi
                                                               Board of Directors Report

           Kekuatan Bisnis KAI
      9    KAI Business Advantage                         60
                                                               Laporan Dewan Komisaris
                                                               Board of Commissioners Report

           Kontribusi KAI Bagi Indonesia maju
      10 KAI’s Best Contribution to Onward
                                                           Profil Perusahaan
           Indonesia
                                                        3 Company Profile
           Jejak Langkah
      18   Milestones
                                                               Identitas Perseroan
                                                          76   Corporate Identity
      Kilas Kinerja
 1    Performance Highlights                                   Nama dan Alamat Kantor Cabang
                                                               atau Kantor Perwakilan
                                                          77   Name and Address of Branch Office
                                                               or Representative Office
           Pencapaian Kinerja KAI Tahun 2023
      26 Performance Achievement in 2023
                                                               Brand Perusahaan
                                                          79   Corporate Brand
           Ikhtisar Data Keuangan Penting
      27 Key Financial Data Highlights
                                                               Riwayat Singkat Perusahaan
                                                          80   Brief History of the Company
           Informasi Harga Saham
      29   Information on Share Price
                                                               Visi, Misi, dan Budaya Perusahaan
                                                          82   Vision, Mission, and Corporate Culture
           Informasi Obligasi, Sukuk, dan/atau
           Obligasi Konversi
      30
           Information on Bonds, Sukuk, and/or                 Kegiatan Usaha
           Convertible Bonds                              84   Business Activities

           Informasi Sumber Pendanaan Lainnya                  Skala Usaha
      31   Other Funding Sources Information              90   Business Scale

           Peristiwa Penting                                   Peta Wilayah Operasional
      32 Significant Events                               92   Operational Area




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                     Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




        Daftar Keanggotaan Asosiasi                                         Kronologi Penerbitan Sukuk
 99     Association Membership List                                 134     Sukuk Issuance Chronology


        Struktur Organisasi                                                 Kronologi Penerbitan dan/atau
 100 Organization Structure
                                                                    135     Pencatatan Efek Lainnya
                                                                            Other Securities Listing Chronology
        Profil Direksi
 102 Board of Directors Profile
                                                                            Informasi Penggunaan Jasa Akuntan
                                                                            Publik (AP) Dan Kantor Akuntan Publik
        Hubungan Afiliasi Anggota Direksi                                   (KAP)
 112                                                                135     Information on Public Accounting
        Affiliation of the Board of Directors
                                                                            Service (AP) and Public Accounting Firm
                                                                            (KAP)
        Perubahan Komposisi Anggota
        Direksi dan Alasan Perubahannya
 113    Changes in Composition of the Board                                 Lembaga dan/atau Profesi Penunjang
        of Directors and the Reason                                 136     Perusahaan
                                                                            Supporting Institutions and/or Profession

        Profil Dewan Komisaris
 115    Board of Commissioners Profile                                      Penghargaan dan Sertifikasi
                                                                    137     Awards and Certifications

        Hubungan Afiliasi Dewan Komisaris
 124 Affiliation of the Board of Commissioners                              Informasi Yang Tersedia Pada Situs Web
                                                                    152     Perusahaan
                                                                            Information on The Company’s Website
        Perubahan Komposisi Anggota Dewan
        Komisaris dan Alasan Perubahannya
 125    Change in Board of Commissioners

                                                             4 Analisis dan Pembahasan
        Composition and the Reasons
                                                               Manajemen
        Perubahan Komposisi Dewan Komisaris                          Management Discussion and
        dan/atau Direksi yang Terjadi Setelah
        Tahun Buku Berakhir
                                                                     Analysis
 125
        Changes in Composition of the Board of
        Commissioners and/or Board of Directors
        after the End of Financial Year                                     Tinjauan Perekonomian dan Industri
                                                                    156     Economic and Industrial Review
        Komposisi Pemegang Saham
  127 Shareholder Composition
                                                                            Tinjauan Operasi
                                                                    157     Operational Review
        Pemegang Saham Utama dan
 128 Pengendali                                                             Tinjauan Keuangan
        Major and Controlling Shareholders                          179     Financial Review

        Daftar Entitas Anak, Perusahaan Asosiasi                            Laporan Arus Kas Konsolidasi
        dan Perusahaan Ventura Bersama                              210     Consolidated Statement of Cash Flows
 129
        List of Subsidiaries, Associates, and Joint
        Ventures                                                            Kemampuan Membayar Utang Dan
                                                                    213     Kolektibilitas Piutang
        Struktur Grup Perusahaan                                            Ability to Pay Debt and Debt Collectibility
 131    Company Group Structure
                                                                            Struktur Modal
        Kronologi Penerbitan Saham                                  216     Capital Structure
 132    Share Listing Chronology


        Kronologi Penerbitan Obligasi
 133 Bond Listing Chronology



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           Ikatan Material Atas Investasi                          Informasi Material Terkait Investasi,
           Barang Modal                                            Ekspansi, Divestasi,
     218   Material Commitments for Capital                        Penggabungan/Peleburan Usaha, Akuisisi,
           Expenditure                                             Dan Restrukturisasi Utang/Modal Material
                                                             228   Information related to Investment,
                                                                   Expansion, Divestment, Business
           Investasi Barang Modal
     219   Capital Expenditure Investment
                                                                   Merger/Consolidation, Acquisition, and
                                                                   Debt/Capital Restructuring

           Informasi Keuangan yang Telah
           Dilaporkan yang Mengandung Kejadian                     Informasi Material Terkait Transaksi
                                                                   Material Yang Mengandung Benturan
     220   yang Sifatnya Luar Biasa dan Jarang Terjadi
           Financial Information Reported that                     Kepentingan dan/atau Dengan Pihak
           Contains Extraordinary and Rare Events            229   Afiliasi Material
                                                                   Information related to Material
                                                                   Transactions Containing Conflicts of
           Komponen-Komponen Substansi dari                        Interest and/or with Affiliated Parties
           Pendapatan dan Beban Lainnya
     220   Substance Components of Other
           Income and Expenses                                     Perubahan Peraturan Perundang-
                                                                   Undangan dan Dampak terhadap Perseroan
                                                             235   Amendments in Legislations and Impact
           Dampak Perubahan Harga Terhadap                         on the Company
           Penjualan atau Pendapatan Bersih
     220   Perseroan
           The Impact of Changes in Prices on the                  Prospek Usaha 2024
                                                             241 Business Prospects 2024
           Company’s Sales or Net Income


           Peningkatan/Penurunan Material dari                     Perbandingan Target dan Realisasi
           Penjualan/Pendapatan Bersih Material                    Tahun 2022 Serta Proyeksi Tahun 2023
     220                                                     246   Comparison of Targets and Realization in
           Increase/Decrease from Net Sales/
                                                                   2022 and Projection for 2023
           Income

           Informasi dan Fakta Material                            Tinjauan Fungsi Penunjang Bisnis
           Setelah Tanggal Laporan Akuntan                   250 Overview of Business Support
                                                                   Functions
     221   Material
           Information and Facts After the
           Accountant’s Report Date
                                                              Tata Kelola Perusahaan
           Kebijakan, Pengumuman, dan                    5    Good Corporate Governance
           Pembayaran Dividen
     223   Dividend Policy, Announcement,
           and Payment
                                                                   Dasar Penerapan Tata Kelola
           Pembayaran Pajak                                        Perusahaan
     223 Tax Payment                                         256   Basis of Good Corporate Governance
                                                                   Implementation

           Realisasi Penggunaan Dana Hasil
           Penawaran Umum                                          Mekanisme Tata Kelola Perusahaan
     224                                                     257 Corporate Governance Mechanism
           Realization of Use of Public Offering
           Proceeds
                                                                   Rapat Umum Pemegang Saham
                                                             260 General Meeting of Shareholders

                                                                   Direksi
                                                             290 Board of Directors




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




        Dewan Komisaris                                                     Komite Penyelesaian dan Tindak Lanjut
 323 Board of Commissioners
                                                                            Hasil Investigasi dan Hasil Co/
                                                                            Pemeriksaan Daerah Atas Kejadian
        Penilaian Kinerja Komite di Bawah Dewan                      436    Kecelakaan Kereta Api
        Komisaris dan Dasar Penilaiannya                                    Investigation Results and Co/Regional
 369    Performance Assessment of Committees                                Inspection Results on Railway Accident
        under the Board of Commissioners                                    Committee
        and the Basis for the Assessment
                                                                            Komite Eksekutif
                                                                     438 Executive Committee
        Penilaian Kinerja Dewan Komisaris
        Dan Direksi
 372    Performance Assessment of the                                       Sekretaris Perusahaan
        Board of Commissioners and
                                                                     442 Corporate Secretary
        the Board of Director
                                                                            Unit Internal Audit
        Kebijakan Keberagaman Dewan                                  447 Internal Audit Unit
        Komisaris dan Direksi
 382    Policy on Board of Commissioners
                                                                            Akuntan Publik
        and Board of Directors Diversity                             461 Public Accountant

        Nominasi dan Remunerasi Dewan                                       Sistem Pengendalian Internal
        Komisaris dan Direksi                                        462 IInternal Control System
 389    Nomination and Remuneration for
        the Board of Commissioners and
        Board of Directors                                                  Manajemen Risiko
                                                                     467 Risk Management

        Komite di Bawah Dewan Komisaris
 393 Committee under the Board of                                           Kebijakan dan Praktik Anti Korupsi
                                                                     485 Anti-Corruption Policies and Practices
        Commissioners

                                                                            Perkara Hukum
 393 Komite Audit                                                    491 Legal Case
         Audit Committee

        Komite Nominasi dan Remunerasi                                      Akses Informasi dan Data Perusahaan
 403 Nomination and Remuneration                                     493 Access to Company Information and Data
        Committee
                                                                            Pedoman Perilaku
        Komite Pemantau Manajemen Risiko                             495 Code of Conduct
 413    Risk Management Oversight Committee
                                                                         Kebijakan Pemberian Kompensasi Jangka
        Komite di Bawah Direksi                                          Panjang Berbasis Kinerja
 421    Committee Under the Board of Directors
                                                                     497 Policy on Performance-Based LongTerm
                                                                         Compensation
        Komite Evaluasi Jabatan
 421 Job Evaluation Committee
                                                                         Kebijakan Pengungkapan Informasi
                                                                         Kepemilikan Saham Dewan Komisaris
        Komite Verifikasi Kinerja Pekerja                                dan Direksi Serta Pelaksanaannya
 426 Employee Performance Verification                               497 Policy on Information Disclosure of
        Committee                                                        Share Ownership by the Board of
                                                                         Commissioners and Board of Directors
                                                                         and Its Implementation
        Komite Keselamatan Tingkat Pusat
 432 Central Level Safety Committee
                                                                            Whistleblowing System
                                                                     497 Whistleblowing System
        Komite Teknologi Informasi
  434 Information Technology Committee




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           Kebijakan Gratifikasi                                 Tanggapan terhadap Umpan Balik
     506 Gratuity Policy                                         Laporan Keberlanjutan Tahun
                                                           641   Sebelumnya
                                                                 Response to Feedback on the Previous
           Penilaian Tata Kelola Perusahaan
                                                                 Year’s Sustainability Report
           Yang Baik
     512
           Good Corporate Governance
           Assessment                                            Daftar Pengungkapan sesuai
                                                                 Peraturan OJK No. 51/POJK.03/2017
           Tata Kelola Keberlanjutan                             Tentang Penerapan Keuangan
     519 Sustainable Governance                                  Berkelanjutan bagi Lembaga Jasa
                                                                 Keuangan, Emiten, dan Perusahaan Publik
                                                           642   List of Disclosures in Accordance with
           Tata Kelola Teknologi Informasi
     537                                                         OJK Regulation No. 51/POJK.03/2017 on
           Information Technology Governance
                                                                 the Implementation of Sustainable Finance
                                                                 for Financial Service Institutions, Issuers,
                                                                 and Public Companies
     Laporan Keberlanjutan
 6 Sustainability Report                                         Indeks Konten GRI 2021
                                                           645 2021 GRI Content Index

                                                                 Surat Pernyataan Anggota
           Tentang Laporan Keberlanjutan
     544 About Sustainability Report                             Direksi dan Dewan Komisaris
                                                                 Tentang Tanggung Jawab atas
                                                                 Laporan Tahunan 2023
           Inisiatif Keberlanjutan KAI                           PT Kereta Api Indonesia (Persero)
     553 KAI Sustainability Initiative                     653   The Board of Directors’ and
                                                                 The Board of Commissioners’
           Ikhtisar Kinerja Keberlanjutan                        Statement of Responsibility
     555 Sustainability Performance Overview                     for the 2023 Annual Report of
                                                                 PT Kereta Api Indonesia (Persero)

           Kinerja Ekonomi
     557 Economic Performance
                                                           Laporan Keuangan
           Kinerja Lingkungan Hidup
     563 Environmental Performance
                                                        7 Financial Report
           Kinerja Sosial
     585 Social Performance

           Assurance oleh Pihak Eksternal
     636 External Assurance

           Lembar Umpan Balik
     640 Feedback Form




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18                                                                    PT Kereta Api Indonesia (Persero)
                     Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




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                                                                Annual and Sustainability Report
Page 20
JEJAK LANGKAH
Milestone




                                           Verenigde Spoorwegenbedrifj developed
                                           railway track in Java Island, Deli           StaatSpoorwegen operated electrictrain
Naamloze Vennootschap Spoorweg
                                           Spoorwegen Maatscappij built railway track   for TanjungPriokMeester Cornelis
Nederlandsch Indische Maatschappij
                                           in Sumatera, while Staat Spoorwegen          (Jatinegara) route in Batavia, followed by
(NV NISM) opened the Semarang
                                           developed built railway track in Batavia.    Batavia-Zootenberg (Bogor) route.
Surakarta railway track.




            1864
             17 Juni/June 17 th
                                                      1880                                           1924
                                                                                            24 Desember/December 24 th




                                            Launching of the new logo as
                                            manifestation of new spirit ofthe              Transformation towards service
Implementation of D-90 days                 Company to be a professional and               company initiated by Commercial
ticket reservation system for               modern organization.                           Division establishment.
commercial train via Contact
Center 121, ticketing agentand
online station, Railcard and
internet network.                                        2011                                          2009
                                                                                             28 September / September 28 th




Permanent implementation of
boarding pass system at the
stations.



      2012
      8 Maret / March 8 th

                                                 President of RI, Susilo Bambang
                                                 Yudhoyono inaugurated the first Airport
                                                 Train in Indonesia at Kualanamu
                                                 International Airport, North Sumatera.

                                                                                                The launching of train ticket
Implementation of e-ticketing system for         The launching of KAI Access                    purchase vending machine
commuter line trains                             application                                    named E-Kiosk.



                2013
                 1 Juni / June 1 st
                                                            2014
                                                           27 Maret / March 27 th
                                                                                                          2015
                                                                                                        13 Maret/March 13 th




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20                                                                                            PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 21
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Workers as member of Angkatan                                                             PNKA changed its status into
MoedaKeretaApi (AMKA) tookover the         Establishment of    Perusahaan   Negara        Perusahaan Jawatan Kereta Api (PJKA).
Company from Japan Colonial                Kereta Api (PNKA)
Government.




       1945
28 September/September 28 th
                                                     1963
                                                        25 Mei/May 25 th
                                                                                                       1971
                                                                                            15 September/September 15 th




                                           Perumka launched Argo Bromo Anggrek           PJKA changed its status into
Perumka changed its status into PT         Train and marked the executive-class          Perusahaan Umum Kereta Api
Kereta Api Indonesia (Persero)             train operations.                             (Perumka).




           1999
      1 Oktober / October 1 st
                                                        1997
                                              24 September / September 24 th
                                                                                                      1991
                                                                                                2 Januari/Januari 2 nd




 4 Desember/December 4 th

                                                                                 November/November



                                            Februari/February
   Operation of Kertajaya Train Long                                                 KAI officially issued PT Kereta Api Indonesia
   Rolling Stock as the longest                                                      Bonds I of 2017 valued Rp2 trillion at Indonesia
   Passenger Train with 14                    Implementation of Check-in &           Stock Exchange.
   passenger trains.                          Boarding Pass System               Desember/December
 13 Desember/December 13 th                 Juni/June



   KAI launched Rail Clinic, the first        Operations of JICT Station,            KAI conducted trial with passengers for
   medical train in Indonesia                 Tanjung Priok.                         Soekarno Hatta Airport Train with special tariff.




                                                         2016                                         2017
                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                   21
                                                                       Annual and Sustainability Report
Page 22
JEJAK LANGKAH
Milestone


                                                           April/April                                November/November




                                                             KAI officially announced the co-
                                                             working space facilities in big train
                                                             stations, and also announced the           KAI announced its plan to issue the
                                                             locomotive with air conditioner            bonds through Public Offering
       Launched Minangkabau Airport Train                    installed in it.                           Bonds II Kereta Api Indonesia 2019
                                                           Mei/May                                      valued Rp2 trillion.
       Launching of KA Luxury Class Sleeper Train                                                     Desember/December



                                                             KAI operated New Yogyakarta                KAI operated Adi Soemarmo Solo
       Operations of the first LRT in Indonesia, LRT         International Airport train at             Airport train.
       South Sumatera.                                       Kulonprogo.



                 2018  Mei/May
                                                                                           2019
 Juni/June                                             September/September                           Desember/December


     KAI added 5 new trains starting from June
     1 st, 2023                                          KAI launched the New Generation
                                                         Economy Train at Pasar Senen Station.
 Juli/July                                                                                            KAI operated the executive and
                                                       Oktober/October                                Luxury New Generation trains on
                                                                                                      the Argo Dwipangga and Argo
                                                                                                      Lawu routes.
     KAI conducted the groundbreaking                    KAI inaugurated the Jakarta-Bandung
     ceremony for the construction of the                High-Speed Rail (KCJB) "Whoosh".
     Kramasan Coal Unloading Terminal.

 Agustus/August

                                                         KAI inaugurated the Suite Class
                                                         Compartment Train at Gambir Station,
                                                         Jakarta.

                                                       November/November
     KAI held the grand launch of the "Access
     by KAI" application, which is an upgrade
     of the previous ticket booking application                                                       KAI implemented solar panels at 40
     "KAI Access".                                                                                    stations with a total capacity of
                                                                                                      1,072.5 kWp, contributing an
                                                         KAI introduced a Suite Class-themed          average of 49.63 percent of the
                                                         Dining Car on the Bima Train route           building's electricity needs, as well
     The Jabodebek LRT began serving the                 Gambir - Surabaya Gubeng.                    as at 2 Balai Yasa with a total
     public at 18 stations.                                                                           capacity of 594.6 kWp, contributing
                                                                                                      an average of 39 percent of the
                                                                                                      building's electricity needs.




                                                           2023
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22                                                                                                     PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 23
                                      Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Juni/June                                              September/September




  KAI collaborated with Jakarta Provincial
  Government and PT Mass Rapid Transit
                                                         September, KAI collaborated with PT Blue Bird Tbk launched
  Jakarta (Perseroda) inaugurated four
                                                         Last Mile services or extended transportation for Long Distance
  integrated stations such as Tanah Abang,
                                                         Train’s and Rail Express’ customers.
  Sudirman, Pasar Senen, dan Juanda
                                                         • KAI launched the new logo.
  Station.
                                                         • KAI received the SIBV Safe Guard Label
Agustus/August                                           • KAI inaugurated Bandung Station’s Skybridge.


                                                       November/November


  KAI begin to implement AKHLAK
  (Trustworthy, Competent, Harmonious,
  Loyal, Adaptive, and Collaborative) as the
                                                         KAI became the first SOE to receive Government Investment in the
  company’s main values
                                                         context of National Economic Recovery (IPPEN) in full amounting
                                                         to Rp3.5 trillion in accordance with PMK 118 dated August 31 st,
                                                         2020.




                                                     2020
Januari/January                          Juli/July



                                           Provided Free COVID-19 Vaccination at
                                           Stations.                                    KAI Presented Free Wifi on Argo
                                                                                        Bromo Anggrek, Argo Lawu, Argo
  PT Kereta Api Indonesia (Persero)
                                                                                        Dwipangga, Argo Wilis, Taksaka, and
  has served 1,613 customers during
                                           KAI Had Integrated Peduli Lindungi           Argo Parahyangan Trains
  the soft launching period since
  December 24 th, 2022.                    Application with Boarding System.

Februari/February                        September/September



                                                                                         KAI Added Live Cooking Service
  KAI cooperates with the                                                               onboard Argo Bromo Anggrek, Argo
  Directorate General of                                                                Lawu, Argo Dwipangga, Taksaka, and
  Population and Civil Registration                                                     Argo Wilis trains.
  (Ditjen Dukcapil) to verify                                                        Desember/December
  railroad customers                       KAI Accelerated Travel Time for Argo
                                           Bromo Anggrek (Gambir - Surabaya
Maret/March
                                           Pasar Turi PP), Argo Wilis (Bandung -
                                           Surabaya Gubeng PP), Argo Lawu
                                           (Gambir - Solo Balapan PP), Argo             KAI signed a Letter of Commitment
  Garut-Cibatu Railway Returned
                                           Dwipangga (Gambir - Solo Balapan PP),        to receive State Equity
  to Operation.
                                           and Taksaka ( Gambir - Yogyakarta PP).       Participation worth Rp6.9 Trillion.




   2022                                                              2021
                                                                      Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                      23
                                                                          Annual and Sustainability Report
Page 24
     Kilas Kinerja
     Performance Highlights




                     Laporan Tahunan dan Keberlanjutan
24                                                        PT Kereta Api Indonesia (Persero)
                       Annual and Sustainability Report
Page 25
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                       IKHTISAR
                                                                                    01
                                                                        KINERJA
                                             PERFORMANCE HIGHLIGHTS




                                                            Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                            25
                                                                Annual and Sustainability Report
Page 26
     Kilas Kinerja
     Performance Highlights




PENCAPAIAN KINERJA KAI TAHUN 2023
PT KERETA API INDONESIA (KAI) 2023 PERFORMANCE HIGHLIGHTS




                 Aset meningkat sebesar
                   Assets increased by

                     13,68%
                  Menjadi Rp81,374triliun
                    to Rp81.374 trillion




                                                              Ekuitas meningkat sebesar
                                                                  Assets increased by

                                                                     6,28%
                                                                Menjadi Rp30,906 triliun
                                                                  to Rp30,906 trillion




             Pendapatan meningkat sebesar
                  Revenue increased by

                     37,25%
                 Menjadi Rp35,107 triliun
                   to Rp35,107 trillion




                                                              EBITDA meningkat sebesar
                                                                  EBITDA increased by

                                                                     14,2%
                                                                 Menjadi Rp5,176 triliun
                                                                   to Rp5,176 trillion




       Angkutan Penumpang meningkat sebesar
         Passenger Transportation increased by

                     36,68%
                Menjadi 388.776.604 orang
                  to 388.776.604 people




                                                          Angkutan Barang meningkat sebesar
                                                            Freight Transportation increased by

                                                                      9,81%
                                                                 Menjadi 63.694.966 ton
                                                                   to 63.694.966 tons




                     Laporan Tahunan dan Keberlanjutan
26                                                                       PT Kereta Api Indonesia (Persero)
                       Annual and Sustainability Report
Page 27
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




IKHTISAR DATA KEUANGAN PENTING
SUMMARY OF KEY FINANCIAL DATA

Dalam ribuan rupiah (kecuali dinyatakan lain)                         In thousands of Rupiah (unless otherwise stated)

         Uraian / Description                2023               2022               2021               2020               2019

  Aset / Assets

  Aset Lancar / Current Assets           13.023.841.719    15.337.947.951      9.706.861.516      9.164.500.411     6.898.723.626

  Aset Tidak Lancar / Non-Current
                                        68.350.471.654     56.243.281.772      53.062.145.256    44.042.568.691     38.006.823.815
  Assets

  Jumlah Aset / Total Assets             81.374.313.373    71.581.229.723     62.768.826.772     53.207.069.002     44.905.547.441

  Liabilitas dan Ekuitas / Liabilities and Equity

  Liabilitas Jangka Pendek /
                                         17.921.316.180     9.958.123.860      9.574.299.758      9.281.616.345      8.113.387.632
  Current Liabilities

  Liabilitas Jangka Panjang / Non-
                                        32.546.859.952     32.542.921.558     29.782.786.689     26.885.473.155     16.986.535.346
  Current Liabilities

  Liabilitas / Liabilities               50.468.176.132    42.501.045.418      39.118.737.129    36.187.089.500     25.099.922.978

  Ekuitas / Equity                       30.906.137.241    29.080.184.305      23.411.740.325    17.039.979.502     19.805.624.463

  Jumlah Liabilitas dan Ekuitas /
                                         81.374.313.373    71.581.229.723     62.768.826.772     53.207.069.002     44.905.547.441
  Total Liabilities and Equity

  Laba (Rugi) dan Penghasilan Komprehensif Konsolidasian Lain-Lain / Profit (Loss) and Other Comprehensive Income

  Pendapatan / Revenue                   35.106.535.574    25.577.639.010      17.916.775.924    18.074.850.763     26.851.725.281

  Beban Pokok Pendapatan / Cost
                                        (27.018.520.240)   (18.540.861.021)   (15.749.306.550)   (16.910.622.755)   (16.991.312.573)
  of Revenue

  Laba Bruto / Gross Profit              8.088.015.334     7.036.777.989       2.467.469.374      1.164.228.008     9.650.412.708

  Beban Usaha / Operating
                                        (4.227.212.786)    (3.664.532.070)    (2.543.050.490)    (2.171.302.002)    (3.369.615.906)
  Expense

  Laba (Rugi) Usaha / Operating
                                         3.860.802.548      3.372.245.919       224.418.884       1.007.074.012     3.190.786.802
  Profit (Loss)

  Laba (Rugi) Sebelum Pajak /
                                         2.247.487.167     2.210.588.300       (548.960.526)     (2.220.294.791)    2.550.447.808
  Profit (Loss) Before Tax

  Manfaat (Beban) Pajak
  Penghasilan - Neto / Income Tax        (375.939.030)      524.599.080         121.784.883       484.057.029       (575.400.273)
  Benefit (Expense) - Net

  Laba (Rugi) Tahun Berjalan /
                                         1.871.548.137      1.685.989.220       425.195.643       1.736.237.691      1.975.047.535
  Profit (Loss) for the Year

  Jumlah Laba (Rugi)
  Komprehensif / Total                   1.826.401.401     2.266.829.770       (547.800.413)     (2.847.961.917)     1.803.119.229
  Comprehensive Profit (Loss)

  Jumlah Laba (Rugi) Tahun Berjalan yang Diatribusikan kepada: / Profit (Loss) for the Year Attributable to:

  Pemilik Entitas Induk / Owner of
                                         1.873.921.301     1.782.040.477       (362.460.073)     (1.691.730.010)     2.023.013.519
  Parent Entity

  Kepentingan Non-Pengendali /
                                          (2.373.164)       (96.051.257)        (62.735.570)      (44.507.682)       (47.965.984)
  Non-Controlling Interest

  Jumlah Laba (Rugi) Komprehensif Tahun Berjalan yang Diatribusikan kepada: / Total Comprehensive Profit (Loss) for the
  Year Attributable to:

  Pemilik Entitas Induk / Owner of
                                         1.828.945.530      2.362.914.534      (485.036.924)     (2.803.523.663)     1.851.156.649
  Parent Entity

  Kepentingan Non-Pengendali /
                                          (2.544.129)       (96.084.757)        (62.763.959)      (44.438.349)       (48.037.420)
  Non-Controlling Interest

  Laba (Rugi) per Saham Dasar /
                                              84                 93                 (29)              (138)               165
  Basic Earnings (Loss) per Share




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PT Kereta Api Indonesia (Persero)                                                                                                      27
                                                                          Annual and Sustainability Report
Page 28
      Kilas Kinerja
      Performance Highlights




        Uraian / Description                2023          2022                2021             2020             2019

 Rasio Keuangan (%) / Financial Ratio (%)

 Return on Equity (ROE)                     11,82         11,92               (3,10)          (170,61)          30,0

 Return on Investment (ROI)                 7,58          7,64                3,86             (1,48)           12,51

 Return on Asset (ROA)                      2,30          2,49               (0,58)            (3,18)           4,51

 Rasio Kas / Cash Ratio                     28,67         57,20               39,78            71,21            47,66

 Rasio Lancar / Current Ratio               72,67        154,02              101,38           98,74             85,03

 Collection Period (hari) /
                                            24,58         22,35               26,1             11,39            13,03
 Collection Period (days)

 Perputaran Persediaan (hari) /
                                         20,09            18,20               21,0             23,10            17,26
 Inventory Turnover (days)

 Perputaran Total Aset (%) /
                                         40,59           38,34               30,94             42,14            67,54
 Total Asset Turnover (%)

 EBITDA Margin / EBITDA Margin              18,64         19,74               10,5             (3,6)            19,02

 Rasio Pinjaman terhadap Ekuitas
                                            99,91        102,23               168,11           148,7           78,54
 (%) / Debt to Equity Ratio (%)

 Rasio Liabilitas terhadap Total
 Aset (%) / Liabilities to Total            62,02         59,37              62,70             67,97            55,89
 Asset Ratio (%)

 Rasio Laba (Rugi) terhadap
 Pendapatan (%) / Profit (Loss) to          6,75          7,76               (2,37)            (9,61)           7,52
 Income Ratio (%)


IKHTISAR OPERASIONAL                                              OPERATIONAL SUMMARY
Dalam ribuan rupiah (kecuali dinyatakan lain)                     In thousand of Rupiah (unless otherwise stated)

        Uraian / Description                2023          2022                2021             2020             2019

 Jasa Angkutan / Transport Service

 Angkutan Penumpang (dalam
 orang) / Passenger Transport (in     388.776.604     284.448.804          154.537.582      186.832.349      429.259.565
 person)

 Angkutan Barang (dalam ton) /
                                       63.694.966      58.006.880          50.261.778       45.125.346       47.621.203
 Freight (in tons)

 Pendukung Angkutan KA (dalam
 Rp-ribu) / KA Transport Support       869.775.827     713.611.039         686.715.439      661.780.925     940.498.373
 (in thousand Rupiah)

 Non-Angkutan (dalam Rp-ribu) /
 Non-Transport Services (in           1.780.153.295   1.575.688.038       1.138.798.353    1.163.317.509    1.793.723.369
 thousand Rupiah)

 Kompensasi Pemerintah (dalam
 Rp-ribu) / Government
                                      3.526.469.925   3.880.245.033       3.907.491.084    3.422.301.613    3.271.013.258
 Compensation (in thousand
 Rupiah)

 Konstruksi (dalam Rp-ribu) /
 Construction (in thousand            7.342.248.533   2.610.567.346       2.387.245.804    3.661.476.790    3.733.437.598
 Rupiah)




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28                                                                                        PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 29
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




INFORMASI HARGA SAHAM
INFORMATION ON SHARE PRICE
Modal ditempatkan dan disetor penuh tanggal 31                     As of December 31 st, 2023, and 2022, the issued and fully
Desember 2023 dan 2022 adalah sebanyak 22.368.743                  paid-up capital consisted of 22,368,743 and 19,168,743
dan 19.168.743 saham dengan nilai nominal Rp1.000.000,-            shares, respectively, with a nominal value of Rp1,000,000
per saham, sehingga total modal ditempatkan dan disetor            per share. Therefore, the total issued, and fully paid-up
penuh adalah sebesar Rp22.368.743.000.000,- dan                    capital amounted to Rp22,368,743,000,000 and
Rp19.168.743.000.000,-. Hingga 31 Desember 2023, KAI               Rp19,168,743,000,000. As of December 31 st, 2023, KAI has
belum menjadi perusahaan yang mencatatkan sahamnya                 not become a publicly listed company. Consequently,
di bursa saham. Dengan demikian, tidak terdapat                    there is no information available on share price, market
informasi harga saham, kapitalisasi pasar saham, dan               capitalization, or trading volume. The share capital
volume perdagangan saham. Sedangkan informasi                      information for the past two years is presented as follows:
modal saham selama dua tahun terakhir disajikan sebagai
berikut.

Saham Perusahaan                                                   Company Shares

                                   Uraian / Description                                          2023                2022

  Modal Saham Nilai Nominal Rp1.000.000,- per Saham / Nominal Value Share Capital
                                                                                               22.368.743          19.168.743
  Rp1,000,000 per Share

  Modal Dasar Sebesar 40.000.000 Saham / Authorized Capital 40,000,000 Shares                 40.000.000          40.000.000

  Modal Ditempatkan dan Disetor Penuh masing-masing per 31 Desember 2023 dan
  2022 sebesar 22.368.743 dan 19.168.743 saham / Issued and Fully Paid up Capital as of
                                                                                               22.368.743          19.168.743
  December 31 st, 2022 and 2021 amounted to 19,168,743 and 19,168,743 shares,
  respectively


AKSI KORPORASI                                                     CORPORATE ACTIONS
Berdasarkan Peraturan Pemerintah Nomor 62 Tahun 2022               Based on Government Regulation Number 62 of 2022
tentang Penambahan Penyertaan Modal Negara                         concerning the Addition of State Capital Participation
Republik Indonesia ke Dalam Modal Saham Perusahaan                 of the Republic of Indonesia into the Share Capital of PT
Perseroan (Persero) PT Kereta Api Indonesia dan surat              Kereta Api Indonesia (Persero) and the letter from the
Menteri Badan Usaha Milik Negara Nomor S-12/MBU/                   Minister of State-Owned Enterprises Number S-12/MBU/
01/2023 tanggal 10 Januari 2023 perihal Persetujuan                01/2023 dated January 10 th, 2023, regarding the Approval
Perubahan Anggaran Dasar PT Kereta Api Indonesia                   of Amendments to the Articles of Association of PT Kereta
(Perseo), RUPS menyetujui penambahan modal yang                    Api Indonesia (Persero), the General Meeting of
ditempatkan dan disetor pada Perseroan sebesar                     Shareholders (GMS) approved an increase in the issued
Rp3.200.000.000,000,- (tiga triliun dua ratus miliar rupiah)       and     paid-up      capital  of    the    Company        by
sehingga modal ditempatkan disetor yang semula                     Rp3,200,000,000,000 (three trillion two hundred billion
Rp19.168.743.000.000,- (Sembilan belas triliun seratus             rupiah). This increased the issued and paid-up capital
enam puluh delapan miliar tujuh ratus empat puluh tiga             from Rp19,168,743,000,000 (nineteen trillion one hundred
juta rupiah) menjadi sebesar Rp22.368.743.000.000,-                sixty-eight billion seven hundred forty-three million
(Dua puluh dua triliun tiga ratus enam puluh delapan               rupiah) to Rp22,368,743,000,000 (twenty-two trillion
miliar tujuh ratus empat puluh tiga juta rupiah). Hingga           three hundred sixty-eight billion seven hundred forty-
31 Desember 2023, dana PMN TA 2022 telah disetorkan                three million rupiah). As of December 31 st, 2023, the state
ke PT KCIC melalui PT PSBI sebesar Rp2.713.423.000.000,-           capital participation (PMN) funds for the 2022 fiscal year
(dua triliun tujuh ratus tiga belas miliar empat ratus dua         amounting to Rp2,713,423,000,000 (two trillion seven
puluh tiga juta rupiah) sebagai tambahan setoran modal             hundred thirteen billion four hundred twenty-three
kepada PT PSBI (porsi equity Konsorsium BUMN                       million rupiah) have been deposited into PT KCIC through
Indonesia) sebagai pemenuhan cost overrun proyek                   PT PSBI. This deposit serves as additional equity
KCJB pada PT KCIC secara bertahap dengan skema uang                contribution to PT PSBI (the equity portion for the
muka setoran modal. Adapun potensi kelebihan dana                  Indonesian SOE Consortium) to address the cost
PMN TA 2022 sebesar Rp486.577.000.000,- (empat ratus               overruns of the KCJB project at PT KCIC in stages,
delapan puluh enam miliar lima ratus tujuh puluh tujuh             following a capital advance scheme. There is a potential
juta rupiah) yang nantinya akan digunakan sebagai                  excess of PMN funds for the 2022 fiscal year amounting
buffer penjaminan KAI dalam pembayaran pinjaman                    to Rp486,577,000,000 (four hundred eighty-six billion five
kepada CDB sesuai kesepakatan Komite KCJB dan                      hundred seventy-seven million rupiah), which will be used
persetujuan Menteri Keuangan.                                      as a buffer for KAI to guarantee loan repayments to CDB,
                                                                   in accordance with the agreement of the KCJB
                                                                   Committee and the approval of the Minister of Finance.




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Page 30
      Kilas Kinerja
      Performance Highlights




INFORMASI OBLIGASI, SUKUK, DAN/ATAU OBLIGASI
KONVERSI
INFORMATION ON BONDS, SUKUK, AND/OR CONVERTIBLE BONDS
INFORMASI OBLIGASI                                                      INFORMATION ON BONDS

                          Tanggal                                               Harga       Tanggal                              Status
     Uraian Obligasi                            Mata
                         Distribusi                        Jumlah Obligasi    Perwaran        Jatuh         Tingkat Bunga     Pembayaran
No        Bond                         Tenor    Uang
                        Distribution                         Total Bonds       Offering      Tempo           Interest Rate     / Payment
       Description                             Currency
                           Date                                                 Price       Due Date                             Status


                                                                              100%
                        21                                                    dari nilai   21
     Obligasi I Seri
                        November                                              pokok        November
     A Tahun 2017 /                                                                                       7,75% per tahun /   Lunas /
 1                      2017 /          5        IDR      1.000.000.000.000   obligasi     2022 /
     Bond I Series                                                                                        7.75% per year      Paid
                        November                                              / 100% of    November
     A Year 2017
                        21 st, 2017                                           principal    21 st, 2022
                                                                              value

                                                                              100%
                        21                                                    dari nilai   21
     Obligasi I Seri
                        November                                              pokok        November                           Belum
     B Tahun 2017 /                                                                                       8,25% per tahun /
 2                      2017 /          7        IDR      1.000.000.000.000   obligasi     2024 /                             lunas / Not
     Bond I Series                                                                                        8.25% per year
                        November                                              / 100% of    November                           paid yet
     B Year 2017
                        21 st, 2017                                           principal    21 st, 2024
                                                                              value

                                                                              100%
                        13                                                    dari nilai   13
     Obligasi II Seri
                        Desember                                              pokok        Desember                           Belum
     A Tahun 2019 /                                                                                       7,75% per tahun /
 3                      2019 /          5        IDR      900.000.000.000     obligasi     2024 /                             lunas / Not
     Bond II Series                                                                                       7.75% per year
                        December                                              / 100% of    December                           paid yet
     A Year 2019
                        13 th, 2019                                           principal    13 th. 2024
                                                                              value

                                                                              100%
                        13                                                    dari nilai   13
     Obligasi II Seri
                        Desember                                              pokok        Desember                           Belum
     B Tahun 2019 /                                                                                       8,20% per tahun /
 4                      2019 /          7        IDR      1.100.000.000.000   obligasi     2026 /                             lunas / Not
     Bond II Series                                                                                       8.20% per year
                        December                                              / 100% of    December                           paid yet
     B Year 2019
                        13 th, 2019                                           principal    13 th, 2026
                                                                              value

     Obligasi
     Berkelanjutan                                                            100%
     I KAI Tahap I                                                            dari nilai
                        5 Agustus                                                          5 Agustus
     Seri A Tahun                                                             pokok                                           Belum
                        2022 /                                                             2027 /         7,10% per tahun /
 5   2022 /                             5        IDR      634.000.000.000     obligasi                                        lunas / Not
                        August 5 th,                                                       August 5 th,   7.10% per year
     Sustainable                                                              / 100% of                                       paid yet
                        2022                                                               2027
     Bonds I KAI                                                              principal
     Phase I Series                                                           value
     A Year 2022

     Obligasi
     Berkelanjutan                                                            100%
     I KAI Tahap I                                                            dari nilai
                        5 Agustus                                                          5 Agustus
     Seri B Tahun                                                             pokok                                           Belum
                        2022 /                                                             2029 /         8,00% per tahun /
 6   2022 /                             7        IDR      866.000.000.000     obligasi                                        lunas / Not
                        August 5 th,                                                       August 5 th,   8.00% per year
     Sustainable                                                              / 100% of                                       paid yet
                        2022                                                               2029
     Bonds I KAI                                                              principal
     Phase I Series                                                           value
     B Year 2022




                           Laporan Tahunan dan Keberlanjutan
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                             Annual and Sustainability Report
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                                       Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                          Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




INFORMASI SUKUK                                                           INFORMATION ON SUKUK
Pada tahun 2022, Perseroan menerbitkan Sukuk Ijarah                       In 2022, the Company issued Sukuk Ijarah Berkelanjutan
Berkelanjutan I KAI Tahap I Tahun 2022 Seri A dan Seri                    I KAI Phase I Year 2022 Series A and Series B, which
B yang telah mendapatkan pernyataan efektif dari OJK                      received an effective statement from the Financial
tanggal 29 Juli 2022. Perincian mengenai hal tersebut                     Services Authority (OJK) on July 29 th, 2022. The details
adalah sebagai berikut.                                                   are as follows:


                                                                                                            Status
                          Tanggal                                                 Harga     Tanggal      Pembayara                 Wali
      Uraian Obligasi                           Mata
                         Distribusi                          Jumlah Obligasi    Perwaran      Jatuh       n Bunga     Peringkat
 No        Bond                        Tenor    Uang                                                                              Amanat
                        Distribution                           Total Bonds       Offering    Tempo         Interest    Rating
        Description                            Currency
                           Date                                                   Price     Due Date      Payment                 Trustee
                                                                                                            Status

                                                                               100% dari
      Sukuk Ijarah                                                             nilai sisa
      Berkelanjutan                                                            imbalan
      I KAI Tahap I                                                            Ijarah
                                                                                            5
      Seri A Tahun      5 Agustus                                              Sukuk                     Belum
                                                                                            Agustus                               PT
      2022 / Sukuk      2022 /                                                 Ijarah /                  lunas /
 1                                      5        IDR        117.350.000.000                 2027 /                    idAA+(sy)   Bank
      Ijarah            August 5 th,                                           100%                      Not paid
                                                                                            August                                Mega
      Berkelanjutan     2022                                                   Remaining                 yet
                                                                                            5 th, 2027
      I KAI Phase I                                                            value of
      Series A Year                                                            Ijarah
      2022                                                                     Sukuk
                                                                               benefits

                                                                               100% dari
      Sukuk Ijarah                                                             nilai sisa
      Berkelanjutan                                                            imbalan
      I KAI Tahap I                                                            Ijarah
                                                                                            5
      Seri B Tahun      5 Agustus                                              Sukuk                     Belum
                                                                                            Agustus                               PT
      2022 / Sukuk      2022 /                                                 Ijarah /                  lunas /
 2                                      7        IDR        382.650.000.000                 2029 /                    idAA+(sy)   Bank
      Ijarah            August 5 th,                                           100%                      Not paid
                                                                                            August                                Mega
      Berkelanjutan     2022                                                   Remaining                 yet
                                                                                            5 th, 2029
      I KAI Phase I                                                            value of
      Series B Year                                                            Ijarah
      2022                                                                     Sukuk
                                                                               benefits


OBLIGASI KONVERSI                                                         CONVERTIBLE BONDS
Sampai dengan 31 Desember 2023, KAI tidak pernah                          As of December 31 st, 2023, KAI has never issued
menerbitkan obligasi konversi.                                            convertible bonds.



INFORMASI SUMBER PENDANAAN LAINNYA
INFORMATION ON OTHER FUNDING SOURCES
Sampai dengan 31 Desember 2023, KAI tidak memiliki                        As of December 31 st, 2023, KAI does not have any funding
sumber pendanaan selain yang telah disebutkan.                            sources other than those already mentioned.




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PERISTIWA PENTING
IMPORTANT EVENTS




                     3 Januari 2023                                            1 Juni 2023
                    January 3rd, 2023                                         June 1st, 2023




KAI Terima PMN Rp3,2 Triliun untuk Penyelesaian             KAI Tambah 5 KA Baru Mulai 1 Juni 2023
Proyek KCJB                                                 Dalam rangka meningkatkan layanan kepada masyarakat
KAI telah menerima Penyertaan Modal Negara (PMN)            dalam mobilitas transportasi, KAI menambah 5 kereta
sebesar Rp3,2 triliun untuk memperkuat perusahaan           api baru mulai 1 Juni 2023 yaitu KA Pandalungan relasi
dalam menyelesaikan proyek Kereta Api Cepat Jakarta         Gambir - Jember pp, KA Argo Semeru relasi Gambir -
Bandung (KCJB). Adapun penerimaan PMN tersebut              Surabaya Gubeng pp, KA Argo Merbabu relasi Gambir -
ditetapkan berdasarkan Peraturan Pemerintah Nomor           Semarang Tawang Bank Jateng pp, KA Manahan Gambir
62 Tahun 2022 tentang Penambahan PMN RI ke Dalam            - Solo Balapan pp, dan KA Banyubiru relasi Semarang
Modal Saham KAI pada 31 Desember 2022.                      Tawang Bank Jateng - Solo Balapan pp.

KAI Receives Rp3.2 Trillion PMN for KCJB Project            KAI Adds 5 New Trains Starting June 1 st, 2023
Completion                                                  To enhance service to the public in transportation
KAI received a State Capital Participation (PMN) of Rp3.2   mobility, KAI added 5 new trains starting June 1 st, 2023:
trillion to strengthen the company in completing the        KA Pandalungan (Gambir - Jember), KA Argo Semeru
Jakarta-Bandung High-Speed Rail (KCJB) project. This        (Gambir - Surabaya Gubeng), KA Argo Merbabu (Gambir
PMN was established based on Government Regulation          - Semarang Tawang Bank Jateng), KA Manahan (Gambir
Number 62 of 2022 concerning the Addition of PMN RI         - Solo Balapan), and KA Banyubiru (Semarang Tawang
into KAI's Share Capital on December 31 st, 2022.           Bank Jateng - Solo Balapan).




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                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                        14 Juli 2023                                           10 Agustus 2023
                       July 14th, 2023                                         August 10th, 2023




Groundbreaking Terminal Bongkar Batu Bara                     Upgrade Aplikasi, KAI Lakukan Grand Launching
Kramasan, KAI Group Terus Tingkatkan Kinerja                  “Access”
KAI melakukan groundbreaking pembangunan Terminal             KAI menggelar grand launching aplikasi "Access by KAI”
Bongkar Batu Bara Kramasan yang terletak di Kec.              di The Westin Jakarta, Kamis (10/8). Aplikasi "Access"
Kertapati, Kota Palembang pada Jumat (14/7).                  merupakan revamp atau peningkatan kinerja aplikasi
Pembangunan terminal bongkar batu bara tersebut               pemesanan tiket KA yang sebelumnya bernama "KAI
bertujuan untuk meningkatkan kapasitas logistik batu          Access".
bara seiring meningkatnya kebutuhan di industri logistik
pertambangan.                                                 KAI Launches "Access" App Upgrade
                                                              KAI held the grand launch of the "Access by KAI" app at
Groundbreaking of Kramasan Coal Unloading Terminal,           The Westin Jakarta on Thursday, August 10th. The "Access"
KAI Group Continues to Improve Performance                    app is an upgrade of the previous ticket booking app
KAI conducted the groundbreaking for the construction         "KAI Access."
of the Kramasan Coal Unloading Terminal in Kertapati,
Palembang, on Friday, July 14 th. The terminal aims to
increase coal logistics capacity in line with the growing
demand in the mining logistics industry.




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      Performance Highlights




                    28 Agustus 2023                                       26 September 2023
                    August 28th, 2023                                     September 26th, 2023




LRT Jabodebek Layani Masyarakat di 18 Stasiun                Kereta Ekonomi “New Generation” Mulai Beroperasi
LRT Jabodebek mulai beroperasi pada Senin, 28 Agustus        di KA Jayabaya
2023 dan diresmikan oleh Presiden RI Joko Widodo di          KAI meluncurkan kereta ekonomi “New Generation” di
Stasiun Cawang. Terdapat 18 stasiun yang akan melayani       Stasiun Pasar Senen, Selasa (26/9). Pada tahap awal,
pelanggan LRT Jabodebek, yaitu Stasiun Dukuh Atas,           kereta ini dirangkaikan pada KA Jayabaya relasi Pasar
Setiabudi, Rasuna Said, Kuningan, Pancoran, Cikoko,          Senen - Malang pp.
Ciliwung, Cawang, TMII, Kampung Rambutan, Ciracas,
Harjamukti, Halim, Jatibening Baru, Cikunir I, Cikunir II,   "New Generation" Economy Train Begins Operation
Bekasi Barat, dan Jatimulya.                                 on KA Jayabaya
                                                             KAI launched the "New Generation" economy train at
LRT Jabodebek Serves the Public at 18 Stations               Pasar Senen Station on Tuesday, September 26th. Initially,
LRT Jabodebek began operations on Monday, August 28th,       this train was included in the KA Jayabaya route (Pasar
2023, inaugurated by President Joko Widodo at Cawang         Senen - Malang).
Station. The 18 stations serving LRT Jabodebek customers
are Dukuh Atas, Setiabudi, Rasuna Said, Kuningan,
Pancoran, Cikoko, Ciliwung, Cawang, TMII, Kampung
Rambutan, Ciracas, Harjamukti, Halim, Jatibening Baru,
Cikunir I, Cikunir II, Bekasi Barat, and Jatimulya.




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                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                    2 Oktober 2023                                              10 Oktober 2023
                    October 2nd, 2023                                           October 10th, 2023




Peresmian Kereta Cepat Jakarta-Bandung (KCJB)                  KAI Resmi Luncurkan Kereta Suite Class Compartment
Whoosh                                                         KAI meresmikan kereta suite class compartment di
Presiden RI Joko Widodo meresmikan Kereta Cepat                Stasiun Gambir, Jakarta. Kereta ini terintegrasi dengan
Jakarta-Bandung (KCJB) Whoosh di di Stasiun KCJB               kereta api Bima dan Argo Semeru dengan rute Gambir
Halim, Jakarta. KAI sebagai pemimpin konsorsium BUMN           dan tujuan Surabaya Gubeng. Kereta Suite Class
proyek KCJB optimistis operasional Whoosh memberikan           Compartment dirancang untuk memberikan privasi
manfaat yang signifikan untuk masyarakat. Terutama             maksimal kepada penumpang. Di setiap kereta terdapat
dalam hal peningkatan mobilitas dan konektivitas,              16 ruang pribadi yang dilengkapi dengan pintu geser
efesiensi waktu dan energi, serta mengurangi kemacetan         otomatis, kursi yang dapat direbahkan hingga 180 derajat,
lalu lintas.                                                   kursi yang dapat diputar, serta fitur pijat. Kereta ini juga
                                                               menyediakan berbagai hiburan seperti film, musik, dan
Inauguration of Jakarta-Bandung High-Speed Rail                televisi, serta layanan makanan lengkap.
(KCJB) Whoosh
President Joko Widodo inaugurated the Jakarta-Bandung          KAI Officially Launches Suite Class Compartment Train
High-Speed Rail (KCJB) Whoosh at KCJB Halim Station,           KAI inaugurated the suite class compartment train at
Jakarta. KAI, as the leader of the SOE consortium for the      Gambir Station, Jakarta. This train is integrated with the
KCJB project, is optimistic that the operation of Whoosh       Bima and Argo Semeru trains on the Gambir - Surabaya
will significantly benefit the public, especially in terms     Gubeng route. The Suite Class Compartment train is
of mobility and connectivity, time and energy efficiency,      designed to provide maximum privacy to passengers,
and reducing traffic congestion.                               featuring 16 private rooms with automatic sliding doors,
                                                               seats that recline up to 180 degrees, swivel seats, and
                                                               massage features. It also offers various entertainment
                                                               options such as movies, music, and television, as well as
                                                               complete meal services.




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      Performance Highlights




                                               4 November 2023
                                               November 4th, 2023




KAI Hadirkan Kereta Makan Nuansa Suite Class                KAI Introduces Suite Class Dining Car
KAI menghadirkan kereta makan bernuansa suite class         KAI introduced a suite class dining car on the Bima train
yang dirangkaikan pada KA Bima relasi Gambir - Surabaya     (Gambir - Surabaya Gubeng) starting Saturday,
Gubeng pp mulai Sabtu (4/11). Kereta makan sejenis untuk    November 4 th. A similar dining car for the Argo Semeru
KA Argo Semeru relasi Gambir - Surabaya Gubeng pp           train (Gambir - Surabaya Gubeng) will also be operated
juga dioperasikan pada bulan Desember 2023. Desain          in December 2023. The dining car design features the
kereta makan mengusung tema “Nature with Harmony”           theme "Nature with Harmony," combining natural colors
dengan memadukan warna dan motif alam dengan                and motifs with national cultural wisdom. The interior
kearifan budaya nasional. Pada interior kereta, dinding     walls of the suite class dining car feature a Borobudur
lorong    kereta   makan       bernuansa     suite  class   circle motif with a top-down perspective, using turquoise
menggunakan motif lingkar Borobudur dengan sudut            colors that reflect the earth's green and the ocean's blue,
pandang dari atas yang terangkai, menggunakan warna         giving a cool impression. The facilities have also been
toska. Warna toska mencerminkan alam yang terdiri dari      updated, including more comfortable sofas, a more
warna hijau bumi dan warna biru laut samudera, yang         luxurious prayer room with ablution facilities, a menu
memberikan kesan sejuk. Fasilitas-fasilitas yang tersedia   display, a more elegant ordering area, and modern
juga turut diperbarui, seperti sofa yang lebih empuk dan    cooking equipment.
nyaman, musala yang lebih mewah dan dilengkapi
dengan tempat wudu, display menu, area pemesanan
yang lebih apik, serta peralatan masak yang serba
modern dan baru. Kereta makan bernuansa suite class
tersebut merupakan hasil modifikasi KAI di Balai Yasa
Manggarai.




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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                   13 Desember 2023                                         28 Desember 2023
                   December 13th, 2023                                      December 28th, 2023




KAI Operasikan Kereta Eksekutif dan Luxury New               KAI Resmikan PLTS di 40 Stasiun dan 2 Balai Yasa
Generation                                                   KAI telah melakukan implementasi solar panel di 40
KAI mengoperasikan kereta eksekutif dan luxury new           stasiun dengan total kapasitas 1.072,5 kWp berkontribusi
generation yang dirangkaikan pada KA Argo Dwipangga          rata-rata sebesar 49,63% dari kebutuhan listrik
dan Argo Lawu.                                               bangunan, serta 2 balai yasa dengan total kapasitas 594,6
                                                             kWp berkontribusi rata-rata sebesar 39% dari kebutuhan
KAI Operates Executive and Luxury New Generation             listrik bangunan.
Trains
KAI operated executive and luxury new generation trains      KAI Inaugurates Solar Power Plants at 40 Stations and
on the Argo Dwipangga and Argo Lawu routes.                  2 Balai Yasa
                                                             KAI implemented solar panels at 40 stations with a total
                                                             capacity of 1,072.5 kWp, contributing an average of 49.63%
                                                             of the building's electricity needs, and at 2 Balai Yasa
                                                             with a total capacity of 594.6 kWp, contributing an average
                                                             of 39% of the building's electricity needs.




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     Laporan Manajemen
     Management Report




            Laporan Tahunan dan Keberlanjutan
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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                   LAPORAN
                                                                          02
                                                 MANAJEMEN
                                                          MANAGEMENT REPORT




                                                            Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                            39
                                                                Annual and Sustainability Report
Page 40
              Laporan Manajemen
              Management Report




LAPORAN DIREKSI
BOARD OF DIRECTORS REPORT




              Para Pemegang Saham dan Pemangku Kepentingan yang terhormat,
                          Respected Shareholders and Stakeholders,


Puji dan syukur kami panjatkan kepada Tuhan Yang Maha       We express our praise and gratitude to Almighty God for
Esa atas segala rahmat-Nya sehingga PT Kereta Api           His blessings, enabling PT Kereta Api Indonesia (Persero)
Indonesia    (Persero)  dapat    melanjutkan   kinerja      to continue its satisfactory performance in 2023.
memuaskan pada tahun 2023. Mobilitas yang meningkat         Increased mobility following the lifting of the national
seiring dicabutnya status pandemi nasional oleh             pandemic status by the Government on June 21 st, 2023,
Pemerintah pada 21 Juni 2023, serta perubahan gaya          and changes in lifestyle post Covid-19 pandemic have
hidup masyarakat pasca pandemi Covid-19 turut               contributed to economic recovery.
mendorong pemulihan ekonomi.

Seiring upaya Pemerintah memulihkan perekonomian            In line with the Government's efforts to restore the
nasional, KAI terus melanjutkan tekad membangun kereta      national economy, KAI remains committed to building
api berstandar kelas dunia. Kami senantiasa berupaya        world-class railways. We consistently strive to enhance
meningkatkan kapasitas teknis dan non teknis, dengan        technical and non-technical capacities oriented towards
berorientasi pada Tujuan Pembangunan Berkelanjutan          the Sustainable Development Goals (SDGs). Several
(TPB/SDGs).      Sejumlah     inovasi  dijalankan   guna    innovations have been implemented to ensure
memastikan bisnis yang berjalan berkelanjutan, memberi      sustainable business operations positively impact
dampak positif pada aspek ekonomi, lingkungan, dan          economic, environmental, and social aspects while
sosial, serta tetap relevan dengan tuntutan zaman. Untuk    staying relevant to the demands of the times. Therefore,
itu, KAI telah menetapkan sejumlah langkah strategis        KAI has set several strategic steps throughout 2023,
selama tahun 2023 mencakup antara lain, inovasi di          including    innovations     in   passenger    transport,
bidang angkutan penumpang, optimalisasi kereta api          optimization of trains and other assets, investments in
dan aset lainnya, investasi pada sarana dan prasarana       technology-based infrastructure and Rolling Stock,
terutama yang berbasis teknologi, pengoperasian LRT         operation of LRT and Jakarta-Bandung High-Speed Train
dan Kereta Cepat Jakarta Bandung (KCJB) Whoosh,             (KCJB) Whoosh, the use of eco-friendly fuel, solar energy
penggunaan bahan bakar ramah lingkungan dan                 utilization, and optimization of Rolling Stock and
pemanfaatan tenaga surya, hingga optimalisasi sarana        marketing activities for freight transport.
dan kegiatan pemasaran angkutan barang.

Seluruh inisiatif dan kinerja KAI tersebut kami sampaikan   All of KAI's initiatives and performances are conveyed
melalui Laporan Tahunan ini sebagai bentuk                  through this Annual Report as a form of accountability
pertanggungjawaban keterbukaan informasi kepada             and information disclosure to all shareholders,
seluruh pemegang saham, pemangku kepentingan, dan           stakeholders, and the general public. Besides
masyarakat pada umumnya. Selain kinerja, Laporan            performance, this Annual Report also presents KAI's
Tahunan ini juga menyampaikan analisis prospek KAI,         prospect analysis, implementation of corporate
pengembangan implementasi penerapan tata kelola             governance, and evaluation of committee performances
perusahaan, dan penilaian kinerja komite-komite di          under the Board of Directors.
bawah Direksi




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                        Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




      DIDIEK HARTANTYO
      Direktur Utama / President Director




                                                            Laporan Tahunan dan Keberlanjutan
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                                                                Annual and Sustainability Report
Page 42
              Laporan Manajemen
              Management Report




ANALISIS ATAS KINERJA PERUSAHAAN
ANALYSIS OF COMPANY PERFORMANCE
Tahun 2023 masih menjadi tahun penuh tantangan bagi          The year 2023 continued to be a challenging year for
upaya pemulihan perekonomian global. Inflasi di sejumlah     global economic recovery efforts. Inflation in several
negara maju sulit melandai meski kebijakan moneter           developed countries was hard to mitigate despite strict
ketat sudah diterapkan. Konflik geopolitik yang tak          monetary policies being applied. Unending geopolitical
berkesudahan turut mempengaruhi perdagangan dunia.           conflicts also influenced world trade. Many countries
Banyak negara menghadapi tantangan perlambatan               faced economic slowdown challenges, and commodity
ekonomi. Harga komoditas pun menurun tajam akibat            prices fell sharply due to significant oversupply. In
kelebihan pasokan yang sangat besar. Dari sisi               manufacturing, 43.5% of countries experienced contractions
manufaktur, sebanyak 43,5% negara di dunia mengalami         in the Purchasing Managers' Index (PMI), while the rest,
kontraksi di Purchasing Manufacturers' Index (PMI).          including Indonesia, continued to experience expansion.
Sisanya tercatat masih mengalami ekspansi, termasuk          According to the World Economic Outlook data released
Indonesia. Berdasarkan data World Economic Outlook           in April 2024, the International Monetary Fund (IMF)
yang rilis pada April 2024, International Monetary Fund      reported a global economic growth realization of 3.2%
(IMF) melaporkan realisasi pertumbuhan ekonomi global        in 2023. Meanwhile, the economic growth of advanced
sebesar 3,2% pada 2023. Sementara pertumbuhan                countries still faced significant challenges post-Covid-19
ekonomi negara-negara maju masih mencerminkan                pandemic, including in the United States, China, Japan,
tantangan besar pasca pandemi Covid-19, termasuk di          South Korea, and Singapore.
Amerika Serikat, China, Jepang, Korea Selatan, serta
Singapura.

Masih melambatnya perekonomian global turut                  The slow global economic recovery also affected the
berdampak pada upaya pemulihan ekonomi nasional              uneven national economic recovery efforts across all
yang belum merata di seluruh sektor. Sementara El Nino       sectors. Meanwhile, El Nino drove inflation in the
turut mendorong inflasi di sektor pertanian. Meskipun        agricultural sector. However, the national economy
demikian, perekonomian nasional masih menunjukkan            remained resilient, with a growth rate of 5.03%, primarily
ketangguhannya dengan pertumbuhan 5,03%, terutama            supported by increased household consumption at 4.82%
ditopang oleh konsumsi rumah tangga yang meningkat           (yoy) and Gross Fixed Capital Formation (GFCF) reaching
4,82% (yoy), serta pembentukan modal tetap bruto (PMTB)      4.40% (yoy). Furthermore, the sectors experiencing
yang mencapai 4,40% (yoy). Lebih lanjut dari sisi lapangan   significant growth included transportation and
usaha, sektor yang mengalami pertumbuhan signifikan          warehousing at 13.96% (yoy).
yakni transportasi dan pergudangan sebesar 13,96 persen
(yoy).

Tantangan dan Peluang KAI                                    Challenges and Opportunities for KAI
Meningkatnya mobilitas sepanjang tahun 2023 telah            Increased mobility throughout 2023 has driven growth
mendorong pertumbuhan sektor transportasi di Indonesia.      in Indonesia's transportation sector. The number of
Jumlah penumpang dan volume barang meningkat                 passengers and freight volume increased significantly,
signifikan, sehingga menjadi tantangan sekaligus             posing challenges and opportunities for KAI. Adequate
peluang bagi KAI. Untuk memenuhi permintaan tersebut,        trains and locomotives are required to meet the demand.
dibutuhkan sarana kereta dan lokomotif yang memadai.         In freight transport, inadequate infrastructure, such as
Pada angkutan barang misalnya, infrastruktur yang            limited Container Yards (CY) and tunnels unsuitable for
kurang memadai seperti keterbatasan Container Yard           high cube containers, remains a significant challenge.
(CY)    serta   beberapa     terowongan     yang   tidak     In some cases, the availability of freight transport
memungkinkan untuk mengangkut kontainer high cube            capacity is also a serious challenge, especially on busy
menjadi salah satu tantangan utama. Dalam beberapa           routes, as it significantly affects the reliability and
kasus, ketersediaan kapasitas angkutan barang juga           flexibility of KAI's services to its customers. Additionally,
menjadi tantangan serius terutama di jalur-jalur yang        KAI faces competition from other transport modes such
padat, sebab hal tersebut sangat memengaruhi                 as trucks or cargo ships. The company must continually
keandalan dan fleksibilitas layanan yang ditawarkan oleh     improve efficiency and services to remain competitive
KAI kepada pelanggannya. Di luar itu, KAI juga               in the dynamic market, including anticipating changes
menghadapi persaingan dengan moda transportasi lain          in customer demands and needs.
seperti truk atau kapal barang. Perusahaan harus terus
berupaya meningkatkan efisiensi dan layanan untuk tetap
bersaing dalam pasar yang dinamis, termasuk
mengantisipasi perubahan permintaan dan kebutuhan
pelanggan angkutan barang.




                       Laporan Tahunan dan Keberlanjutan
42                                                                                     PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 43
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Sedangkan pada angkutan penumpang, KAI terus                   For passenger transport, KAI is continually required to
dituntut untuk memberikan layanan prima, termasuk              provide excellent services, including new service
inovasi layanan baru agar KAI selalu dapat menjadi             innovations to ensure KAI remains the top choice
pilihan utama dibandingkan moda transportasi lain. Pada        compared to other transport modes. On one hand, digital
satu sisi, inovasi digital merupakan salah satu cara kunci     innovation is a key method for KAI to increase revenue.
bagi KAI meningkatkan pendapatan. Namun di sisi lain,          However, on the other hand, KAI's digital innovations still
inovasi digital KAI masih menghadapi sejumlah                  face several challenges such as human resource capacity,
tantangan seperti kapasitas SDM. Ancaman serangan              cyber-attack threats, and data privacy risks.
siber dan risiko privasi data juga membayangi.

Dalam pengembangan bisnis perkeretaapian, KAI masih            In railway business development, KAI faces several
menghadapi sejumlah kendala terkait pembebasan                 challenges related to land acquisition and regulation for
maupun penertiban lahan untuk proyek, lingkungan dan           environmental and social projects, business development
sosial, maupun kerjasama pengembangan usaha dan                cooperation, and related permits. In meeting the
perizinan-perizinan terkait. Dalam memenuhi Rencana            Company's Long-Term Plan and HC Road Map, KAI faces
Jangka Panjang Perusahaan dan Road Map HC, KAI                 several challenges, including fulfilling human resources
menghadapi sejumlah tantangan antara lain pemenuhan            for the successful operation of the two National Strategic
SDM untuk kesuksesan pengoperasian 2 Proyek Strategis          Projects Jakarta-Bandung High-Speed Train (KCJB) and
Nasional Kereta Cepat Jakarta Bandung (KCJB) dan LRT           Jabodebek LRT by operational targets, as well as
Jabodebek sesuai target operasional, serta sertifikasi SDM     certifying railway human resources with 7,726 certificates
Perkeretaapian sebanyak 7.726 sertifikat dengan                despite limited capacity of the certification test organizers.
keterbatasan kapasitas uji penyelenggara sertifikasi SDM
Perkeretaapian.

Selain itu, kami masih menghadapi sejumlah tantangan           Furthermore, we still face challenges related to the
terkait ketersediaan talenta terbaik dalam mewujudkan          availability of the best talents to deliver leading and
layanan terdepan dan kompetitif, misalnya masih                competitive services, such as the limited internal
terbatasnya talenta internal Perusahaan untuk                  company talent to meet the required positions, high
memenuhi formasi yang dibutuhkan, tingginya permintaan         demand for digital and logistics talents in the labor
talenta digital dan logistik di pasar tenaga kerja,            market, escalation of safety and environmental issues
peningkatan eskalasi isu keselamatan dan lingkungan            requiring capability enhancement and renewal, and
yang membutuhkan peningkatan maupun pembaruan                  alignment of HR management governance throughout
kapabilitas, hingga penyelerasan tata kelola manajemen         the KAI Group, including talent management and talent
SDM di seluruh KAI Group termasuk manajemen talenta            rotation between parent companies and subsidiaries for
dan perputaran talenta antar induk – anak, anak- induk,        job enrichment.
maupun antar anak usaha dalam rangka pengkayaan
tugas (job enrichment)

Selain itu, KAI juga masih menghadapi tantangan dalam          KAI also faces challenges in realizing "Digital As KAI's Nerve
mewujudkan “Digital As KAI’s Nerve Center”. Pertama,           Center." First, emerging competitors with international
munculnya pesaing dengan standar kompetensi dan                standards and new technologies (land transport modes
pengembangan          SDM     menggunakan       standar        based on Mobile Apps), high employer interest in digital
internasional dan teknologi baru (moda transportasi            talents due to technological disruption and Covid-19
darat berbasis Mobile Apps), tingkat peminatan dari para       impact, and the low retention rate of experienced digital
employer luar yang tinggi pada talenta bidang digital          talents.
karena dampak disrupsi teknologi dan Covid-19, serta
rendahnya retention rate talenta yang berpengalaman
di bidang digital.

Tantangan lain datang dari aspek regulasi. Perubahan           Another challenge comes from the regulatory aspect.
peraturan atau kebijakan terkait angkutan barang               Changes in regulations or policies related to the
maupun orang, baik dari pemerintah maupun lembaga              transportation of freight and passengers, whether from
terkait lainnya, dapat menjadi tantangan bagi KAI dalam        the government or other relevant agencies, can pose a
menyesuaikan operasionalnya agar sesuai dengan                 challenge for KAI in adjusting its operations to comply
ketentuan yang berlaku. Selain itu, Perusahaan juga            with the prevailing regulations. Additionally, the company
menghadapi tantangan dalam melakukan pengendalian              faces challenges in controlling the risks arising from the
atas risiko yang timbul dari Penugasan Pemerintah atas         government's assignment of the National Strategic
Proyek Strategis Nasional (PSN) KCJB dan LRT Jabodebek,        Projects (PSN) KCJB and LRT Jabodebek, both from
baik dari aspek pengoperasian maupun finansial selama          operational and financial aspects during 2023.
tahun 2023.




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              Laporan Manajemen
              Management Report




Implementasi Kebijakan Strategis dan Kinerja                  Implementation of Strategic Policies and Performance
Guna menciptakan kinerja yang optimal, Direksi turut          To achieve optimal performance, the Board of Directors
terlibat dalam perumusan strategi dan kebijakan               is directly involved in formulating the Company's
strategis Perseroan. Direksi memimpin langsung                strategic policies and strategies. The Board of Directors
penyusunan Rencana Kerja Anggaran Perusahaan (RKAP)           directly leads the preparation of the Company's Work
yang mencakup kebijakan dan strategi Perusahaan.              Plan and Budget (RKAP), encompassing corporate policies
Keterlibatan Direksi ini bertujuan untuk memastikan           and strategies. This involvement aims to ensure that the
bahwa program RKAP berjalan sesuai dengan strategi            RKAP program runs according to the predetermined
yang telah ditetapkan, yang dilakukan melalui monitoring      strategy through monitoring and evaluation. Throughout
dan evaluasi. Sepanjang tahun 2023, KAI telah                 2023, KAI has implemented several strategic policies that
mengimplementasikan sejumlah kebijakan strategis yang         positively impacted performance.
berdampak positif pada peningkatan kinerja.

Dalam memenuhi permintaan pasar, KAI terus                    To meet market demand, KAI continues to build
melanjutkan     pembangunan         infrastruktur    untuk    infrastructure to increase transport volume. KAI also
meningkatkan volume angkutan. KAI juga berupaya               ensures the availability of trains and locomotives,
memastikan ketersediaan sarana kereta dan lokomotif,          including the timely procurement of 612 trains.
salah satunya dengan mengupayakan pengadaan 612               Investments were also made in the maintenance and
kereta yang tepat waktu. Investasi juga dilakukan dalam       enhancement of infrastructure, including the renewal
pemeliharaan dan peningkatan infrastruktur, termasuk          of railway tracks, train operation facilities, and other related
pembaruan jalur kereta api, fasilitas operasi kereta api      railway infrastructure assets. As of December 31 st, 2023,
dan perbaikan aset prasarana perkeretaapian terkait           KAI successfully renewed several railway tracks, key train
lainnya. Per 31 Desember 2023, KAI berhasil                   operation facilities, and improved other related railway
memperbarui sejumlah jalur kereta api, fasilitas operasi      infrastructure assets. Major infrastructure projects, such
kereta api yang penting dan memperbaiki aset prasarana        as railway track maintenance, train operation facilities,
perkeretaapian terkait lainnya. Proyek-proyek infrastruktur   and station modernization, were completed on time and
utama, seperti pemeliharaan jalur kereta api, fasilitas       within the allocated budget. These efforts significantly
operasi kereta api dan modernisasi stasiun, telah selesai     increased network reliability, reduced operational
tepat waktu dan sesuai dengan anggaran yang telah             disruptions, and shortened travel times. Customers
ditetapkan. Upaya tersebut berhasil meningkatkan              experienced better service reliability and efficiency,
keandalan aset prasarana perkeretaapian secara                reflected in increased customer satisfaction levels.
signifikan dengan jumlah gangguan operasional yang
berkurang, serta percepatan waktu perjalanan. Pelanggan
mengalami pengalaman yang lebih baik dengan layanan
yang lebih andal dan efisien, yang tercermin dalam
peningkatan tingkat kepuasan pelanggan.

Pada layanan angkutan barang, KAI mengadopsi strategi         In freight transport services, KAI adopts a strategy of
pengoptimalan      penggunaan      kapasitas   dengan         optimizing capacity utilization through more efficient
melakukan perencanaan rute dan jadwal angkutan barang         route and schedule planning. This is achieved by
yang lebih efisien. Hal tersebut dilakukan dengan             implementing advanced technology and information
menerapkan teknologi dan sistem informasi yang canggih        systems to better monitor and manage available capacity.
untuk memantau dan mengelola kapasitas yang tersedia          As a result, freight capacity has been utilized more
dengan lebih baik. Hasilnya, kapasitas angkutan barang        efficiently, reducing congestion on busy routes and
telah dimanfaatkan dengan lebih efisien, mengurangi           improving service reliability. In 2023, KAI used GD 54 for
kemacetan di jalur-jalur yang padat dan meningkatkan          mother coil transport and increased CRC transport volume.
keandalan layanan. Pada tahun 2023, KAI menggunakan           Additionally, KAI is developing rail-based warehouse/
GD 54 untuk angkutan mother coil serta menambah               terminal services.
volume angkut CRC. Selain itu, KAI tengah
mengembangan jasa gudang/terminal berbasis rel.

Pada layanan angkutan penumpang, KAI menghadirkan             In passenger transport services, KAI introduced new
kereta baru seperti Kereta Luxury Generasi 3 dan Kereta       trains such as the Luxury Train Generation 3 and Suite
Suites Kompartemen yang menawarkan lebih banyak               Compartment Train, offering more comfort and privacy.
kenyamanan dan privasi. Inovasi layanan ini diharapkan        These service innovations are expected to diversify
menjadi diversifikasi layanan sebagai salah satu strategi     services as a strategy to face tight competition with other
menghadapi persaingan yang ketat dengan moda                  transport modes such as airplanes and intercity buses,
transportasi lain seperti pesawat udara maupun bus            given the improving road infrastructure. Promotions are
antar kota seiring membaiknya infrastruktur jalan raya.       also actively carried out both online and offline to attract
Promosi juga gencar dilakukan baik secara online              customer interest. We continuously monitor market
maupun offline untuk menarik minat pelanggan. Kami            trends and adjust services according to customer needs,
juga selalu memantau tren pasar dan melakukan                 including pricing, delivery times, and types of services
penyesuaian layanan sesuai dengan kebutuhan                   offered.



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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




pelanggan, baik dalam hal harga, waktu pengiriman,
maupun jenis layanan yang ditawarkan.

KAI terus melanjutkan inovasi teknologi yang                 KAI continues to innovate technology to enhance services,
meningkatkan layanan, antara melalui implementasi Face       including implementing modern Face Recognition
Recognition Boarding Gate yang modern serta                  Boarding Gates and updating the Access by KAI
melakukan pembaruan aplikasi Access by KAI.                  application. These enhancements are accompanied by
Peningkatan    tersebut     disertai  dengan    upaya        efforts to improve the reliability of KAI's information
meningkatkan keandalan sistem teknologi informasi KAI        technology systems and strengthen IT infrastructure
dan penguatan infrastruktur TI dalam menghadapi              against data privacy threats and other cyber-attacks.
ancaman privasi data ataupun serangan siber lainnya.         Specifically, for KCJB and LRT operations, which officially
Khusus pada operasional KCJB dan LRT yang resmi              began in 2023, KAI implemented several strategies to
beroperasi tahun 2023, KAI mengimplementasikan               ensure smooth operations. To meet KCJB project needs,
sejumlah strategi guna memastikan kelancarannya.             the Company sought loans with relatively low cost of
Dalam rangka pemenuhan kebutuhan proyek KCJB,                funds and flexible maturity dates guaranteed by the
Perusahaan mengupayakan memperoleh pinjaman                  Government. KAI also cooperated with CR Beijing to form
dengan cost of fund relatif rendah serta tanggal jatuh       a consortium under a joint operation scheme to support
tempo yang lebih leluasa dengan jaminan Pemerintah.          KCJB operations. To meet the workforce needs for LRT
KAI juga menjalin kerjasama dengan CR Beijing untuk          Jabodebek, KAI accelerated the necessary HR training.
membentuk konsorsium dengan skema joint operation
dalam mendukung pengoperasian KCJB. Adapun untuk
memenuhi formasi tenaga kerja LRT Jabodebek, KAI telah
mempercepat pelatihan SDM yang dibutuhkan.

Secara umum, KAI menerapkan sejumlah kebijakan               Overall, KAI implemented several strategic HR policies.
strategis terkait SDM yang mumpuni. KAI melakukan            KAI took a proactive approach by directly engaging each
pendekatan proaktif secara langsung ke masing-masing         region    to   accelerate    railway    HR   certification
daerah guna mempercepat pemberkasan sertifikasi SDM          documentation. KAI also expedited mandatory Diklap
perkeretaapian. KAI juga mempercepat penyelenggaraan         and Diklat training as certification requirements,
Diklap dan Diklat wajib sebagai syarat sertifikasi SDM       integrated KAI's IT certification system with the
perkeretaapian, mengintegrasikan sistem TI sertifikasi       Directorate General of Railways, and developed a Blueprint
KAI dengan Dirjen Perkeretaapian, menyusun Cetak Biru        for the Transformation of Quality and Capacity
Transformasi Peningkatan Kualitas dan Kapasitas              Improvement of Pusdiklat to become a Center of
Pusdiklat menjadi Center of Excellence, sekaligus            Excellence while forming a PMO team to accelerate this
membentuk tim PMO untuk percepatan transformasi              transformation. Internally, KAI integrated improvement
tersebut.    Pada     sisi internal    organisasi,  KAI      areas from employee engagement survey results into
mengintegrasikan ruang ruang perbaikan dari hasil survei     each division's and subdivision's work programs. KAI also
keterikatan pekerja untuk menjadi program kerja masing-      optimized MCU treatment, preventive and promotive
masing divisi maupun subdivisi. KAI juga melakukan           measures, and rehabilitative and ongoing worker health
optimalisasi MCU, treatment promotif dan preventif,          improvement efforts. KAI collaborated with the SOE
serta rehabilitatif dan perbaikan derajat kesehatan          Land Transport Logistics Cluster in developing talent
pekerja secara berkelanjutan. KAI berkolaborasi dengan       mobility mechanisms and career patterns for the land
BUMN Klaster Logistik Angkutan Darat dalam penyusunan        transport logistics cluster.
mekanisme pengembangan, mobilitas talenta dan sistem
pola karir untuk klaster logistik transportasi angkutan
darat.

Terkait tantangan di aspek regulasi, KAI berupaya untuk      Regarding regulatory challenges, KAI strives to be more
terlibat lebih aktif dalam proses pembuatan kebijakan.       actively involved in policy-making processes. Currently,
Saat ini perusahaan sedang berkoordinasi dengan pihak-       the company is coordinating with relevant parties to seek
pihak terkait untuk mengupayakan perubahan peraturan         changes to PMK Regulation 138 of 2021. Advocacy and
PMK 138 tahun 2021. Upaya advokasi dan kolaborasi            collaboration with related parties are conducted to ensure
dengan pihak terkait dilakukan untuk memastikan bahwa        the implemented policies support efficient and
kebijakan yang diterapkan dapat mendukung operasional        sustainable operations.
yang efisien dan berkelanjutan.

Penerapan strategi yang berjalan baik di sepanjang tahun     The successful implementation of strategies throughout
2023 telah membuahkan hasil memuaskan, termasuk di           2023 yielded satisfactory results, including KAI's follow-up
dalamnya ialah tindak lanjut KAI dalam mitigasi risiko       in mitigating risks from the Government's assignment
dari penugasan Pemerintah atas PSN KCJB dan Proyek           of the PSN KCJB and Jabodebek LRT projects, reducing
LRT Jabodebek sehingga eksposur risiko menurun dari          risk exposure from high to medium levels.
level tinggi ke level medium.




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              Laporan Manajemen
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Peningkatan volume penumpang dan barang sepanjang          The increase in passenger and cargo volume throughout
tahun 2023 juga dapat dipenuhi KAI dengan baik.            2023 was well accommodated by KAI. The number of
Volume penumpang yang diangkut pada Januari–               passengers transported from January to December 2023
Desember 2023 mencapai 388.776.604 orang, naik 36,7%       reached 388,776,604, an increase of 36.7% compared to
dibandingkan periode yang sama pada tahun 2022             the same period in 2022, which was 284,448,804. The
sebesar 284.448.804 orang. Volume barang yang              volume of cargo transported by KAI in 2023 also increased
diangkut KAI pada tahun 2023 turut meningkat menjadi       to 63,694,966 tons, up 9.68% from 2022, which was
63.694.966 ton, naik 9,68% dari tahun 2022 sebesar         58,006,880 tons. The increase in passenger and cargo
58.006.880 ton. Peningkatan volume penumpang dan           volume has become the strength of the two main pillars,
barang menjadi kekuatan dua pilar utama yaitu angkutan     namely     passenger     transportation     and     cargo
penumpang dan angkutan barang dalam menyokong              transportation, in supporting KAI's revenue.
pendapatan KAI.

Peningkatan kinerja produksi tersebut mendorong total      The improvement in production performance has driven
pendapatan KAI hingga mencapai Rp35,107 triliun,           KAI's total revenue to Rp35.107 trillion, an increase of 37.25%
meningkat 37,25% dibandingkan pendapatan Rp25,578          compared to the revenue of Rp25.578 trillion in 2022. KAI
triliun pada 2022. KAI juga mencatatkan laba tahun         also reported a net profit of Rp1.872 trillion for the year,
berjalan sebesar Rp1,872 triliun, meningkat 11,01% dari    an increase of 11.01% from the previous year's profit of
tahun sebelumnya sebesar Rp1,686 triliun.                  Rp1.686 trillion.

Angkutan Penumpang                                         Passenger Transport
Tahun 2023 merupakan salah satu tahun penting bagi         The year 2023 was a significant year for Indonesian
perkeretaapian Indonesia dengan dioperasikannya Lintas     railways with the operation of the Light Rail Transit (LRT)
Rel    Terpadu     (Light    Rail  Transit/LRT)   yang     connecting Jakarta, Bogor, Depok, and Bekasi
menghubungkan Jakarta, Bogor, Depok, dan Bekasi            (Jabodebek) and the Jakarta-Bandung High-Speed Train
(Jabodebek) serta kereta cepat Kereta Cepat Jakarta-       (KCJB) Whoosh. The LRT, inaugurated on August 28 th,
Bandung (KCJB) Whoosh. Moda transportasi kereta api        2023, has a track length of 41.2 kilometers and is expected
ringan LRT diresmikan pada 28 Agustus 2023, memiliki       to be a comfortable and safe transportation alternative
lintasan sepanjang 41,2 kilometer yang diharapkan          for the public. In addition to excellent services, several
menjadi alternatif transportasi nyaman dan aman bagi       LRT stations are integrated with various other
masyarakat. Selain layanan prima, sejumlah stasiun LRT     transportation modes, including the Electric Rail Train
juga sudah terintegrasi dengan berbagai moda               (KRL), Bus Rapid Transit (BRT), Transjakarta, JakLingko/
transportasi lain, antara lain dengan Kereta Rel Listrik   MikroTrans, and KCJB.
(KRL), Bus Rapid Transit/Bus Raya Terpadu (BRT),
Transjakarta, JakLingko/MikroTrans, hingga KCJB.

Sementara KCJB Whoosh yang diresmikan pada 2               Meanwhile, the KCJB Whoosh, inaugurated on October
Oktober 2023 merupakan kereta cepat pertama di             2 nd, 2023, is the first high-speed train in Indonesia and
Indonesia dan Asia Tenggara dengan kecepatan 350           Southeast Asia, with a speed of 350 kilometers per hour.
kilometer per jam. Keberadaan LRT dan KCJB juga            The presence of the LRT and KCJB also represents the
menjadi perwujudan komitmen Pemerintah melakukan           Government's commitment to modernizing efficient,
modernisasi transportasi massal yang efisien, ramah        environmentally        friendly, and    integrated    mass
lingkungan, serta terintegrasi dengan moda transportasi    transportation with other transportation modes. The
lainnya. Kehadiran dua moda transportasi baru ini          arrival of these two new transportation modes is
disertai upaya KAI meningkatkan layanan, antara lain       accompanied by KAI's efforts to enhance services,
melalui layanan pemesanan online yang nyaman dan           including convenient and secure online booking services
aman hingga respons cepat atas gangguan-gangguan           and quick responses to technical disruptions during train
teknis yang terjadi selama kereta beroperasi.              operations.

Realisasi volume penumpang KA Utama Kelas Eksekutif,       The realization of passenger volumes for the Executive
KA Utama Kelas Bisnis, KA Utama Kelas Ekonomi, serta       Class Main Trains, Business Class Main Trains, Economy
KA Lokal Ekonomi rata-rata meningkat signifikan. Volume    Class Main Trains, and Local Economy Trains increased
penumpang KA Utama Kelas Eksekutif meningkat 42,6%         significantly on average. The passenger volume for the
dari 11.522.349 orang pada tahun 2022 menjadi 16.427.175   Executive Class Main Trains rose by 42.6% from 11,522,349
orang pada tahun 2023. KA Utama Kelas Bisnis               people in 2022 to 16,427,175 people in 2023. The Business
mencatatkan volume penumpang 1.642.947 orang,              Class Main Trains recorded a passenger volume of 1,642,947
meningkat 61,8% dari 1.015.555 orang pada tahun            people, a 61.8% increase from 1,015,555 people the previous
sebelumnya. Adapun KA Utama Kelas Ekonomi juga             year. The Economy Class Main Trains also transported
mengangkut lebih banyak penumpang, dari 19.338.612         more passengers, from 19,338,612 people in 2022 to
orang pada tahun 2022 menjadi 27.233.710 orang atau        27,233,710 people, an increase of 40.8%. The Local
naik 40,8%. Volume penumpang KA Lokal Ekonomi juga         Economy Trains' passenger volume also increased,
turut meningkat, mencapai 343.472.771 orang atau naik      reaching 343,472,771 people, up 36.0% compared to




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46                                                                                    PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
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                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




36,0% dibandingkan tahun 2022 sebesar 252.572.288               252,572,288 people in 2022.
orang.

Peningkatan realisasi volume penumpang tersebut                 The increase in passenger volume was driven by higher
didorong oleh mobilitas yang semakin tinggi setelah             mobility following the lifting of the national pandemic
dicabutnya status pandemi nasional. Langkah KAI dalam           status. KAI's steps to improve services, including
meningkatkan layanan, termasuk inovasi dan tambahan             innovations and the addition of new trains, successfully
kereta api baru mampu memanfaatkan peluang pasar                capitalized on market opportunities, thus boosting
dengan baik sehingga meningkatkan kinerja angkutan              passenger transport performance. The increased
penumpang. Meningkatnya volume penumpang tersebut               passenger volume drove passenger sector revenue to
mendorong pendapatan sektor penumpang menjadi                   Rp9.942 trillion, a significant increase of 42.7% from
Rp9,942 triliun, naik signifikan sebesar 42,7% dari tahun       Rp6.964 trillion in 2022.
2022 sebesar Rp6,964 triliun.

Angkutan Barang                                                 Freight Transport
Selama tahun 2023, sektor angkutan barang KAI juga              During 2023, KAI's freight transport sector also recorded
mencatatkan kinerja positif dengan peningkatan volume           positive performance, with an increase in freight volume
barang menjadi 63,70 juta ton barang, atau tumbuh 9,8%          to 63.70 million tons, growing 9.8% compared to 58.00
dibandingkan tahun 2022 sebanyak 58,00 juta ton barang.         million tons in 2022. This increase resulted from KAI's quick
Peningkatan tersebut merupakan hasil respons cepat              response to rising market demand for freight transport.
KAI menyambut kenaikan permintaan pasar terkait                 In 2023, KAI added 6 freight train trips, bringing the total
angkutan barang. Pada tahun 2023, KAI menambah 6                to 328 trips. The commodity with the highest increase
perjalanan KA Barang menjadi 328 perjalanan. Komoditas          was coal, which rose by 12% from 45.4 million tons to 51.0
yang mengalami peningkatan tertinggi yaitu batu bara,           million tons. Retail transport also increased by 9%, from
naik 12% dari 45,4 juta ton menjadi 51,0 juta ton.              208,980 tons to 228,631 tons. Positive trends were also
Peningkatan juga terjadi pada angkutan retail, naik 9%          seen in other commodities such as cement and clinker,
dari 208.980 ton menjadi 228.631 ton. Tren positif juga         fuel, and other freight.
terlihat pada komoditas lain seperti semen dan klinker,
BBM, serta komoditas lainnya.

Menghadapi peluang dari tren kenaikan permintaan pasar          Facing opportunities from the trend of rising market
tersebut, KAI juga mempercepat pembangunan                      demand, KAI also accelerated the construction of
infrastruktur pendukung, optimalisasi sarana dan                supporting infrastructure, optimized Rolling Stock, and
kegiatan pemasaran, baik pada angkutan barang wilayah           marketing activities, both in Java and Sumatra. Operational
Jawa maupun Sumatra. Upaya efisiensi pola operasi juga          efficiency measures were also taken to increase freight
dilakukan guna meningkatkan volume angkutan, baik               volume in both regions.
pada angkutan barang wilayah Jawa maupun Sumatra.

Peningkatan volume barang yang diangkut turut                   The increased freight volume contributed to the
mendorong kinerja sektor angkutan barang dengan                 performance of the freight transport sector, with revenue
pendapatan tahun 2023 mencapai Rp11,646 triliun atau            in 2023 reaching Rp11.646 trillion, or 96.6% of the target
96,6% dari target sebesar Rp12,060 triliun. Capaian             of Rp12.060 trillion. This achievement increased by 18.43%
tersebut meningkat 18,43% dibandingkan tahun 2022               compared to Rp9.833 trillion in 2022.
sebesar Rp9,833 triliun.

Pencapaian Realisasi Terhadap Target                            Achievement of Realization Against Targets
Dalam merumuskan strategi, target, Rencana Kerja                In formulating strategies, targets, the Management
Manajemen (RKM), serta Rencana Kerja dan Anggaran               Work Plan (RKM), and the Company's Work Plan and Budget
Perusahaan (RKAP), kami telah memperhatikan kondisi             (RKAP), we have considered the economic conditions,
perekonomian dan industri transportasi, kebutuhan dan           the transportation industry, the needs and business
proses bisnis perusahaan, serta proyeksi dan prospek            processes of the company, as well as the company's
usaha perusahaan. Seluruh anggota Direksi terlibat secara       business projections and prospects. All members of the
aktif dalam perancangan maupun pelaksanaan RKAP,                Board of Directors were actively involved in the design
dan telah menandatangani pakta integritas Direksi,              and implementation of the RKAP and signed the
sebagai bentuk komitmen terhadap pelaksanaan RKAP.              Directors' integrity pact as a form of commitment to the
Guna memastikan tercapainya target, KAI memiliki sistem         implementation of the RKAP. To ensure target
monitoring yang teratur dan evaluasi kinerja setiap triwulan    achievement, KAI has a regular monitoring system and
untuk melacak kemajuan implementasi strategi. Kami              quarterly performance evaluations to track the progress
juga mengadakan pertemuan reguler untuk membahas                of strategy implementation. We also hold regular
kemajuan dan mengidentifikasi kendala atau hambatan             meetings to discuss progress and identify obstacles or
yang mungkin timbul dalam pelaksanaan strategi. Selain          barriers that may arise in strategy implementation.
itu, kami terus berkoordinasi dengan para pemangku              Additionally, we continuously coordinate with other




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kepentingan lainnya, termasuk Pemerintah dan mitra                stakeholders, including the Government and business
kerja. Sementara di internal organisasi, kami berupaya           partners. Internally, we strive to build AKHLAK as a strong
membangun AKHLAK sebagai fondasi kuat bagi karyawan              foundation for employees to give their best potential in
memberikan potensi terbaiknya, melayani masyarakat               serving the Indonesian people.
Indonesia.

Melalui pendekatan tersebut, implementasi strategi dapat         Through this approach, the implementation of the
berjalan efektif dan mencatatkan kinerja positif. Dari sisi      strategy can proceed effectively and record positive
produksi, KAI mampu melayani 388.776.604 penumpang,              performance. From a production standpoint, KAI was able
atau 102,2% dari target sebesar 380.589.868 penumpang.           to serve 388,776,604 passengers, which is 102.2% of the
Sementara volume barang yang diangkut KAI tercatat               target of 380,589,868 passengers. Meanwhile, the freight
sebanyak 63.694.966 ton terdiri dari 51.017.520 ton batu         volume transported by KAI was 63,694,966 tons,
bara dan 12.667.446 ton barang non-batu bara. Capaian            consisting of 51,017,520 tons of coal and 12,667,446 tons
tersebut sebesar 101% dari target yang ditetapkan, yaitu         of non-coal freight. This achievement was 101% of the set
63.061.603 ton barang.                                           target of 63,061,603 tons of freight.

Pencapaian kinerja produksi dua pilar utama pendapatan           The production performance of KAI's two main revenue
KAI tersebut berdampak pada total pendapatan usaha               pillars impacted the total operating revenue, reaching
menjadi Rp27,388 triliun atau mencapai 97,7% dari target         Rp27.388 trillion or 97.7% of the target of Rp28.020 trillion.
Rp28,020 triliun. Adapun laba yang didapat sebesar               The profit achieved was Rp1.993 trillion, reaching 115.14%
Rp1,993 triliun, mencapai 115,14% dari target Rp1,731 triliun.   of the target of Rp1.731 trillion. One of the reasons the
Salah satu penyebab target yang tak tercapai 100% ialah          target was not 100% achieved was the delay in the
mundurnya operasi LRT Jabodebek dari target yang                 operation of the Jabodebek LRT from the set target.
ditetapkan.

Kekuatan alat produksi KAI juga terus meningkat, antara          KAI's production capacity continues to improve, including
lain mencakup jumlah lokomotif mencapai 463 unit atau            the number of locomotives reaching 463 units, or 98.5%
98,5% terhadap target 470 unit; KRD sebanyak 105 unit            of the target of 470 units; rail cars (KRD) totaling 105 units,
atau 76,6% terhadap target 137 unit, KRL sebanyak 1.064          or 76.6% of the target of 137 units; commuter trains (KRL)
unit atau 90,2% terhadap target 1.180 unit. Adapun jumlah        amounting to 1,064 units, or 90.2% of the target of 1,180
kereta mencapai 1.726 unit atau 100,99% terhadap target          units. The total number of trains reached 1,726 units, or
1.709 unit, dan LRT sebanyak 96 unit atau 40,3% dari             100.99% of the target of 1,709 units, and LRT units totaled
target 238 unit.                                                 96, or 40.3% of the target of 238 units.

Dalam pelayanan, KAI mencatatkan Waktu Peredaran                 In service, KAI recorded an average Wagon Circulation
Gerbong (WPG) rata-rata 1,69 hari atau 81,6% terhadap            Time (WCT) of 1.69 days, or 81.6% of its tolerance of 2.07
toleransinya yaitu 2,07 hari. Fakta di bawah toleransi           days. This performance below the tolerance indicates
menunjukkan kinerja yang lebih baik. Sedangkan realisasi         better performance. Meanwhile, locomotive breakdowns
lokomotif mogok sebanyak 207 kejadian atau 40,7%                 were recorded at 207 incidents, or 40.7% of the tolerance
terhadap toleransinya sebanyak 509 kejadian. Adapun              of 509 incidents. The average delay in passenger train
rata-rata kelambatan kereta api penumpang berangkat              departures was 0.40 minutes from the tolerance of 0.30
adalah 0,40 menit dari toleransi 0,30 menit dan                  minutes, and passenger train arrivals were only 0.12 minutes
kelambatan kereta api penumpang datang hanya 0,12                from the tolerance of 2.00 minutes. In freight trains,
menit dari toleransi 2,00 menit. Pada kereta api barang,         freight trains departed earlier by an average of 83.61
KA barang berangkat lebih cepat rata-rata (83,61) menit          minutes from the delay tolerance of 9.00 minutes, and
dari toleransi kelambatan 9,00 menit dan KA barang               freight trains arrived earlier by 66.92 minutes from the
datang lebih cepat (66,92) menit dari toleransi 20,00            tolerance of 20.00 minutes.
menit.

Pada aspek investasi, realisasi BASTO dan progres investasi      In terms of investment, the realization of BASTO and
tahun 2023 terealisasi sebesar Rp10.707,- miliar atau            investment progress in 2023 reached Rp10.707 trillion or
49,9% terhadap anggaran tahun 2023 sebesar Rp21.455,             49.9% of the 2023 budget of Rp21.455 trillion.
-milliar.

Dari sisi SDM, implementasi kebijakan strategi KAI telah         In terms of HR, the implementation of KAI's strategic
menunjukkan kinerja positif yag tercermin dalam sejumlah         policies has shown positive performance as reflected in
indikator. Culture Health Index tercapai 70%, sesuai             several indicators. The Culture Health Index reached 70%,
target yang ditetapkan. Sementara rasio tingkat                  according to the set target. Meanwhile, the productivity
produktivitas pekerja mencapai Rp992,1 juta per karyawan,        rate per employee reached Rp992.1 million per employee,
atau 121% dari target Rp806 juta per karyawan. KAI juga          or 121% of the target of Rp806 million per employee. KAI
telah memenuhi ketersediaan talent 100% sesuai target,           also met the talent availability 100% according to the
dan menerapkan 100% kebijakan talent klaster angkutan            target and implemented 100% of the land transport




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                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




darat. Adapun realisasi fit to work mencapai 97,84% atau       talent cluster policy. The fit to work realization reached
mencapai 115% dari target yang ditetapkan sebesar 85%.         97.84%, or 115% of the set target of 85%. Based on the
Berdasarkan survei tingkat kepuasan pekerja, didapatkan        employee satisfaction survey, an index of 4.25 was
indeks 4,25 sesuai target yang ditetapkan.                     achieved according to the set target.

Kendala-Kendala yang Timbul                                    Emerging Challenges
Dalam menjalankan strategi untuk memenuhi target               In implementing strategies to meet targets according
sesuai RAKP, KAI masih menghadapi sejumlah kendala.            to the Corporate Work Plan and Budget, KAI still faces
Mulai dari tantangan infrastruktur, ketersediaan kapasitas,    several challenges, ranging from infrastructure, capacity
regulasi, hingga persaingan dengan moda transportasi           availability, regulations, to competition with other
lain.                                                          transport modes.

Dari sisi infrastruktur, terdapat kendala lintas termasuk      In terms of infrastructure, there were challenges such as
amblesan dan longsoran pada bulan Januari 2023                 subsidence and landslides in January 2023, leading to
sehingga      terjadi   pembatasan     kecepatan     yang      speed restrictions that caused travel delays. As a result,
menyebabkan perlambatan perjalanan. Akibatnya,                 train frequencies were not optimal. Additionally, the
frekuensi KA menjadi tidak optimal. Selain itu,                addition of rail tracks still lagged behind the growth of
penambahan ruas jalan rel masih jauh tertinggal                road networks, especially toll roads. KAI is also still
dibandingkan dengan pertumbuhan ruas jalan raya                aligning IMO/TAC, resulting in the freight rates offered
terutama jalan tol.         KAI juga masih melakukan           to cargo transportation partners being relatively high
penyelarasan IMO/TAC sehingga tarif yang ditawarkan            compared to market prices.
kepada mitra angkutan barang masih relatif tinggi
dibandingkan harga pasaran.

Dalam pemanfaatan teknologi, masih dibutuhkan waktu            In the utilization of technology, time and adaptation
dan proses adaptasi baik di lingkungan internal                processes are still needed both within the Company's
Perusahaan maupun masyarakat. Selain itu, kecanggihan          internal environment and in the community.
teknologi yang berbanding lurus dengan risiko ancaman          Additionally, the sophistication of technology, which
siber juga membutuhkan kapasitas SDM yang memadai.             correlates with the risk of cyber threats, also requires
Sementara dari sisi SDM kami masih menghadapi                  adequate human resource (HR) capacity. Meanwhile, from
sejumlah kendala dalam hal jumlah dan kapasitas                the HR perspective, we are still facing several challenges
karyawan yang memenuhi tantangan dinamika bisnis.              in terms of the number and capacity of employees to
                                                               meet the demands of the dynamic business environment.

Secara umum, tingkat ketersediaan tenaga kerja telah           In general, the availability of the workforce has reached
mencapai 100% sesuai target Kementerian BUMN namun             100% according to the target set by the Ministry of State-
masih bersifat talent readiness. Sementara untuk posisi-       Owned Enterprises (SOE), though it is still in a state of
posisi jabatan kunci masih membutuhkan talent yang             talent readiness. However, key positions still require more
lebih spesifik. Tingkat kematangan pengelolaan SDM di          specific talents. The maturity level of HR management
KAI Group juga belum merata, disebabkan oleh                   within the KAI Group is also not uniform, due to business
kompleksitas usaha, kompetensi, prioritas bisnis, serta        complexity, competence, business priorities, and ongoing
transformasi SDM yang masih terus berlangsung di               HR transformation at the Parent Company.
Induk Perusahaan.

Sejumlah faktor eksternal juga turut menjadi kendala           Several external factors also hinder the Company from
bagi Perusahaan memenuhi target capaian sesuai RAKP            achieving its targets according to the 2023 Corporate
2023, antara lain faktor cuaca yang mempengaruhi               Work Plan and Budget, including weather conditions
operasional, hingga regulasi. Hujan deras di tambang           affecting operations and regulations. Heavy rain at the
kerap menyebabkan proses hauling maupun proses muat            mines often causes hauling and loading/unloading
dan bongkar terhenti. Sementara proses kenaikan tarif          processes to halt. Meanwhile, the tariff increase process
untuk angkutan batubara Non PT BA (Swasta) masih               for non-PT BA (private) coal transportation is still in
dalam tahap negosiasi dengan mitra. Adapun dari sisi           negotiation with partners. From a regulatory perspective,
regulasi, KAI menghadapi tantangan terkait IMO/TAC             KAI faces challenges related to IMO/TAC, which impacts
yang berdampak pada keuangan Perusahaan.                       the Company's finances.

Sejumlah kendala tersebut menciptakan ruang perbaikan          These challenges create substantial room for
yang cukup besar bagi KAI di masa mendatang, termasuk          improvement for KAI in the future, including optimizing
salah satunya ialah mengoptimalkan dana CSR lebih              CSR funds to be more targeted and thus support the
tepat sasaran sehingga turut mendukung kepentingan             company's operational interests. The aforementioned
operasional perusahaan. Kendala-kendala tersebut di atas       obstacles have been important considerations for us in
telah menjadi pertimbangan penting bagi kami dalam             analyzing the business prospects for 2024.
menganalisis prospek usaha tahun 2024.




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ANALISIS PROSPEK USAHA 2024
2024 BUSINESS PROSPECTS ANALYSIS
Secara umum, prospek angkutan penumpang masih                Overall, the passenger transportation prospects remain
cukup menjanjikan dengan berbagai inovasi produk dan         quite promising with various innovative products and
layanan KAI yang dapat memperkaya pengalaman                 services from KAI that can enrich the passenger
penumpang. Kereta api masih menjadi tranportasi              experience. Trains continue to be the preferred
andalan masyarakat untuk bepergian antar kota di Jawa        transportation for intercity travel in Java and Sumatra.
dan Sumatera. Sementara prospek angkutan barang              Meanwhile, the freight transport prospects are still very
masih sangat menarik seiring tumbuhnya pasar. Hingga         attractive with the growing market. For the next few years,
beberapa tahun mendatang, KAI masih akan berinvestasi        KAI will continue to invest in the development of coal
pada pengembangan bisnis angkutan batubara di                transportation     business      in    Southern     Sumatra
Sumatera Bagian Selatan (Sumbagsel) sesuai dengan            (Sumbagsel) in line with the plan to increase transport
rencana kenaikan kapasitas angkut hingga 105 MTPA            capacity to 105 MTPA starting in 2030. The demand for
mulai tahun 2030. Permintaan batubara dari negara-negara     coal from Asian countries as part of the world's energy
Asia sebagai bagian bauran energi dunia hingga tahun         mix until 2050 remains quite high, although accompanied
2050 masih cukup tinggi, meskipun disertai sederet           by a series of regulations and policies to achieve net zero
regulasi dan kebijakan dalam rangka mencapai net zero        emissions by 2060. We also realize that the Company's
emission pada tahun 2060. Kami pun menyadari,                business portfolio still heavily relies on revenue from coal
portofolio bisnis Perusahaan masih sangat bergantung         transportation in Sumbagsel. Therefore, KAI needs to
pada pendapatan dari angkutan Batubara di Sumbagsel.         seek other business alternatives that align with the
Oleh karena itu, KAI perlu untuk mencari alternatif bisnis   Government's plans for the development of rail
lain yang sesuai dengan rencana Pemerintah dalam hal         transportation.
pengembangan transportasi di bidang perkeretaapian.

Selain itu, transformasi digital yang dijalankan KAI telah   Additionally, KAI's digital transformation has developed
mengembangkan model bisnis angkutan barang yang              the business model of freight transport, originally
semula bersifat business to business (B2B) menjadi bisnis    business to business (B2B), into the business of developing
pengembangan dan pengelolaan terminal. KAI juga akan         and managing terminals. KAI will also continue to apply
melanjutkan penerapan teknologi untuk meningkatkan           technology to improve efficiency and customer
efisiensi dan customer experience. Layanan pada Access       experience. Services on Access by KAI will be optimized
by KAI akan dioptimalkan untuk meningkatkan new              to enhance new revenue streams. Furthermore, KAI will
revenue stream. Selain itu, KAI akan terus berkolaborasi     continue to collaborate with various parties in market
dengan banyak pihak dalam pemetaan pasar serta               mapping and integrated marketing.
pemasaran terintegrasi.

Kami juga akan lebih responsif terhadap perubahan            We will also be more responsive to changing market needs
kebutuhan pasar, serta beradaptasi terhadap perubahan        and adapt to global and local economic changes.
ekonomi global dan lokal.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PENERAPAN TATA KELOLA PERUSAHAAN
IMPLEMENTATION OF CORPORATE GOVERNANCE
Kami memahami, pelaksanaan tata kelola perusahaan              We understand that the implementation of good corporate
yang baik dapat memperkuat posisi daya saing                   governance can strengthen the company's competitive
perusahaan, mengelola sumber daya dan risiko secara            position, manage resources and risks more efficiently and
lebih efisien dan efektif, serta meningkatkan nilai            effectively, and increase the company's value and investor
perusahaan dan kepercayaan investor. Karena itu, KAI           confidence. Therefore, KAI has implemented the
telah menerapkan prinsip-prinsip tata kelola perusahaan        principles of good corporate governance, such as
yang     baik,   seperti  transparansi,    akuntabilitas,      transparency,         accountability,       responsibility,
pertanggungjawaban, kemandirian, dan kewajaran pada            independence, and fairness in governance guidelines
pedoman tata kelola dalam kebijakan internal. Antara           within internal policies. These include GCG policies, Code
lain, kebijakan GCG, Pedoman Perilaku, Pengendalian            of Conduct, Gratification Control, WBS, LHKPN, ISO
Gratifikasi, WBS, LHKPN, Sistem Manajemen Anti                 37001:2016 Anti-Bribery Management System, and other
Penyuapan ISO 37001:2016, serta aturan internal lainnya.       internal regulations. Through these rules, KAI strives to
Melalui sejumlah aturan tersebut, KAI berupaya                 control and direct relationships between shareholders,
mengendalikan dan mengarahkan hubungan antara                  the Board of Commissioners, the Board of Directors,
pemegang saham, Dewan Komisaris, Direksi, karyawan,            employees, clients, partners, as well as society and the
klien, mitra kerja, serta masyarakat dan lingkungan,           environment, to encourage and support the company's
mendorong dan mendukung perkembangan perusahaan,               growth, manage resources better, manage risks better,
mengelola sumber daya secara lebih baik, mengelola risiko      improve accountability to stakeholders, and prevent
secara lebih baik, meningkatkan pertanggungjawaban             deviations in company management.
kepada pemangku kepentingan, dan mencegah
terjadinya     penyimpangan     dalam       pengelolaan
perusahaan.

Pelaksanaan tata kelola perusahaan di KAI pada tahun           The implementation of corporate governance at KAI in
2023 berpedoman pada Peraturan Menteri Badan Usaha             2023 is based on the Minister of State-Owned Enterprises
Milik Negara Nomor PER-2/MBU/03/2023. Pedoman ini              Regulation Number PER-2/MBU/03/2023. This guideline
mengatur tentang ketentuan umum, prinsip tata kelola           regulates general provisions, governance principles of
badan usaha milik negara, penerapan manajemen risiko           state-owned enterprises, implementation of risk
badan usaha milik negara, penilaian tingkat kesehatan          management in state-owned enterprises, assessment of
badan usaha milik negara, perencanaan strategis badan          the health level of state-owned enterprises, strategic
usaha milik negara, dan pedoman kegiatan korporasi             planning of state-owned enterprises, and guidelines for
signifikan badan usaha milik negara. Terkait terbitnya         significant corporate activities of state-owned enterprises.
peraturan    tersebut,   kami   tengah     melakukan           In relation to the issuance of this regulation, we are
pemutakhiran atas aturan-aturan internal terkait.              currently updating the related internal regulations.

Selain itu, KAI juga melakukan audit Penerapan ISO             In addition, KAI also conducted an audit of the
37001:2016 lingkup Corporate yang dilaksanakan di              implementation of ISO 37001:2016 Corporate scope at the
Kantor Pusat, Daop 3 Cirebon, Balai Yasa Manggarai dan         Head Office, Daop 3 Cirebon, Balai Yasa Manggarai, and
Divisi Regional 3 Palembang. Audit tersebut ditujukan          Divisional Region 3 Palembang. The audit aimed to
untuk mengevaluasi implementasi sistem manajemen               evaluate the implementation of KAI's anti-bribery
anti penyuapan KAI, mengidentifikasi kelebihan dan             management system, identify strengths and weaknesses,
kelemahan, tindakan perbaikan dan pencegahan, tingkat          corrective and preventive actions, the level of bribery risk
risiko penyuapan yang dihadapi serta membuat                   faced, and make recommendations for improving the
rekomendasi terhadap peningkatan sasaran SMAP. Hal             ABMS targets. This is done to realize KAI Clean Zero
itu dilakukan dalam rangka mewujudkan KAI Bersih               Tolerance for Bribery which is the target of the
Zero Tolerance terhadap Tindakan Penyuapan yang                implementation of the Anti-Bribery Management
merupakan Sasaran Penerapan Sistem Manajemen Anti              System based on ISO 37001:2016. We also signed the Anti-
Penyuapan berbasis ISO 37001:2016. Kami juga                   Bribery Commitment Policy which is a joint commitment
menandatangani Kebijakan Komitmen Anti Penyuapan               signed by the Board of Commissioners and the Board of
yang     merupakan      komitmen      bersama       yang       Directors on February 11 th, 2022. The company's efforts
ditandatangani oleh Dewan Komisaris dan Dewan Direksi          to curb bribery include conducting anti-bribery
pada 11 Februari 2022. Upaya yang telah dilakukan              campaigns/movements 4 NO! (No Bribery, No Kickback,
perusahaan dalam menekan penyuapan selama ini                  No Luxury Hospitality, No Gift), procurement according
adalah melakukan kampanye/gerakan anti suap 4 NO!              to applicable regulations, payment to partners/vendors
(No Bribery, No Kickback, No Luxury Hospitality, No Gift),     according to established regulations, signing an anti-
pengadaan PBJ sesuai ketentuan yang berlaku,                   bribery integrity pact by all partners/vendors working
pembayaran kepada mitra/vendor sesuai dengan                   with, the implementation of an anti-bribery management
ketentuan yang ditetapkan, penandatangan pakta                 system, along with enforcing strict sanctions against
                                                               b          r       i         b        e          r         y



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integritas komitmen anti suap oleh seluruh mitra/vendor    offenders.  through    the   implementation      of   a
yang bekerja sama, penerapan sistem manajemen anti         whistleblowing system (WBS), investigative audits, anti-
penyuapan, serta menerapkan sanksi tegas kasus suap        bribery management system audits, increasing anti-
terhadap pelaku penyuapan melalui penerapan                bribery understanding delivered through spiritual
whistleblowing system (WBS), audit investigatif, audit     guidance and coaching.
sistem manajemen anti penyuapan, peningkatan
pemahaman anti penyuapan yang disampaikan melalui
pembinaan dan bimbingan rohani.

Dewan Komisaris dan Dewan Direksi mendukung dan            The Board of Commissioners and the Board of Directors
komit dalam rangka menerapkan dan memberantas              support and are committed to implementing and
korupsi di perusahaan. Penerapan Sistem Manajemen          eradicating corruption within the company. The
Anti Penyuapan merupakan hal dasar yang harus              implementation of the Anti-Bribery Management
diterapkan dengan baik dan menjadi bagian yang tidak       System is a fundamental aspect that must be
terpisahkan oleh setiap pemimpin dan manajemen             implemented properly and become an integral part of
dalam menjalankan proses bisnis. Setiap pimpinan wajib     every leader and management in conducting business
memastikan internalisasi budaya pencegahan korupsi         processes. Every leader must ensure the optimal
berjalan optimal di setiap lingkup kerjanya, mendorong     internalization of the anti-corruption culture in each
setiap insan untuk melaporkan ke saluran pelaporan WBS     work scope, encouraging every individual to report to
perusahaan jika terdapat pelanggaran. Dewan Komisaris      the company's WBS reporting channel if there are
mendukung untuk dibentuk ada nya komite secara             violations. The Board of Commissioners supports the
corporate yang diakui oleh perusahaan, di mana Dewan       formation of a corporate committee recognized by the
Komisaris     menjadi    Dewan    Pengarah     terhadap    company, where the Board of Commissioners becomes
pelaksanaan penerapan manajemen anti suap di KAI.          the Steering Committee for the implementation of anti-
                                                           bribery management in KAI.



KINERJA KEBERLANJUTAN [OJK D.1]
SUSTAINABILITY PERFORMANCE [OJK D.1]
Model bisnis KAI sejatinya telah mendukung upaya-upaya     KAI's business model has fundamentally supported the
pencapaian Tujuan Pembangunan Berkelanjutan. Kereta        achievement of Sustainable Development Goals. Trains,
api yang mampu mengangkut penumpang dan barang             capable of carrying a large number of passengers and
dalam jumlah besar merupakan salah satu moda               freight, are one of the most energy-efficient modes of
transportasi yang paling hemat energi, serta               transport and generate far less greenhouse gas (GHG)
menghasilkan emisi gas rumah kaca (GRK) jauh lebih         emissions compared to other modes of transportation.
sedikit dibandingkan moda transportasi lainnya. Kami       We are committed to continuously improving KAI's
berkomitmen untuk senantiasa meningkatkan kinerja          sustainability performance, providing more positive
keberlanjutan KAI, memberi lebih banyak dampak positif     impacts on economic, environmental, and social aspects
bagi aspek ekonomi, lingkungan, dan sosial secara          harmoniously. For this purpose, KAI in 2023 has developed
harmonis. Untuk itu, KAI pada tahun 2023 telah menyusun    a short, medium, and long-term Environment, Social,
Roadmap Environment, Social, Governance (ESG) jangka       Governance (ESG) Roadmap to be implemented starting
pendek,    menengah,       dan    panjang    yang  akan    in 2024. During June-July 2023, we conducted
diimplementasikan mulai 2024. Selama Juni-Juli 2023,       socialization of PT KAI's ESG Roadmap to Daop, Divre,
kami telah melaksanakan sosialisasi Roadmap ESG PT         and subsidiaries to increase the awareness of all KAI
KAI kepada Daop, Divre, dan anak perusahaan untuk          employees about sustainability aspects.
meningkatkan kesadaran seluruh pegawai KAI atas aspek-
aspek keberlanjutan.

Pada aspek ekonomi, terpenuhinya target operasional        In the economic aspect, the achievement of the
LRT Jabodebek dan KCJB Whoosh dapat mendukung              operational targets of LRT Jabodebek and KCJB Whoosh
mobilitas dan perputaran ekonomi daerah, mengurangi        can support regional mobility and economic circulation,
beban kemacetan di jalan raya, sekaligus mengurangi        reduce road congestion, and reduce GHG emissions
emisi GRK menuju target Net Zero Emission Indonesia        towards Indonesia's Net Zero Emission target by 2060.
pada 2060. Berbagai inovasi layanan yang disertai          Various service innovations, accompanied by the use of
pemanfaatan teknologi, misalnya pada fitur pengenalan      technology, such as facial recognition features at stations
wajah di stasiun dan Access by KAI ditujukan untuk         and Access by KAI, are aimed at making it easier for
kemudahan seluruh masyarakat menggunakan jasa KAI          everyone to use KAI services for travel quickly, safely,
dalam bepergian secara cepat, aman, nyaman, dan            comfortably, and conveniently.
mudah.




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Di bidang lingkungan, KAI telah meresmikan penggunaan         In the environmental aspect, KAI has inaugurated the
Pembangkit Listrik Tenaga Surya (PLTS) atau solar panel       use of Solar Power Plants (PLTS) or solar panels at 40
di 40 stasiun dan 2 balai yasa selama tahun 2023. Total       stations and 2 balai yasa during 2023. The total capacity
kapasitas PLTS di 40 stasiun tersebut mencapai 1.072,5        of PLTS at these 40 stations reaches 1,072.5 kWp,
kWp, berkontribusi rata-rata sebesar 49,63% dari              contributing an average of 49.63% of the building's
kebutuhan listrik bangunan. Sedangkan 2 balai yasa            electricity needs. Meanwhile, the 2 balai yasa have PLTS
memiliki PLTS dengan total kapasitas 594,6 kWp                with a total capacity of 594.6 kWp contributing an average
berkontribusi rata-rata sebesar 39% kebutuhan listrik         of 39% of the building's electricity needs. The
bangunan. Implementasi PLTS di lingkungan KAI                 implementation of PLTS in the KAI environment is part
merupakan bagian dari komitmen kami untuk                     of our commitment to utilizing renewable energy to
memanfaatkan energi baru terbarukan (EBT) guna                support the Government's energy transition program.
mendukung program transisi energi Pemerintah. Sistem          The PLTS system built by KAI is still connected to PLN
PLTS yang dibangun KAI ini tetap terhubung dengan listrik     electricity (On Grid system), ensuring that the electricity
PLN (sistem On Grid), sehingga listrik pada bangunan          in KAI's assets remains reliable in serving KAI customers'
aset KAI tetap andal dalam melayani kebutuhan                 needs. Additionally, the PLTS system is connected to the
pelanggan KAI. Selain itu, sistem PLTS telah terkoneksi       internet so the energy produced can be monitored in
dengan internet sehingga energi yang dihasilkan dapat         real-time. The installation of PLTS at 40 stations during
dipantau secara real time. Instalasi PLTS pada 40 stasiun     the November-December 2023 period has reduced
periode November – Desember 2023 telah mengurangi             carbon emissions by 48.21 tons, equivalent to planting
emisi gas karbon sebesar 48,21 ton atau setara dengan         66 trees. Meanwhile, the PLTS at Balai Yasa Manggarai
penanaman 66 pohon. Adapun PLTS Balai Yasa Manggarai          has reduced carbon emissions by 9.29 tons during the
periode bulan November – Desember sudah mengurangi            November-December period, equivalent to planting 13
emisi gas karbon sebesar 9,29 ton atau setara dengan          trees. The implementation of PLTS aligns with the
penanaman 13 pohon. Implementasi PLTS tersebut selaras        Government's policy to reduce greenhouse gases towards
dengan kebijakan Pemerintah untuk mengurangi gas              the Net Zero Emission target by 2060. KAI has also used
rumah kaca menuju target Net Zero Emission pada tahun         more environmentally friendly B35 biodiesel fuel.
2060. KAI juga telah menggunakan bahan bakar biosolar
B35 yang lebih ramah lingkungan.

Pada aspek sosial, KAI senantiasa meningkatkan dampak         In the social aspect, KAI continuously increases positive
positif baik kepada karyawan sebagai kelompok internal,       impacts both on employees as an internal group and on
serta kepada masyarakat luas. KAI menjunjung tinggi           the wider community. KAI upholds diversity and equal
keragaman dan kesetaraan kesempatan pada setiap               opportunities for all employees in developing their best
karyawan dalam mengembangkan potensi terbaik                  potential. Likewise, to the community, KAI is committed
mereka. Begitu juga kepada masyarakat, KAI berkomitmen        to providing the best service without discrimination,
memberi pelayanan terbaik tanpa membeda-bedakan,              including to women and disabled groups. KAI supports
termasuk kepada kelompok perempuan dan disabilitas.           activities against violence and harassment against
KAI mendukung kegiatan anti kekerasan dan pelecehan           women on trains. KAI also provides adequate access for
terhadap perempuan di atas kereta api. KAI juga               disabled groups, including ease of physical access and
menyediakan akses yang layak bagi kelompok disabilitas,       communication access. During 2023, KAI has realized
mencakup kemudahan akses fisik dan akses komunikasi.          CESR activities focusing on SDGs Goal 1 (Basic Needs for
Selama tahun 2023, KAI telah merealisasikan kegiatan-         Disaster Victims), Goal 3 (Healthy Life and Well-being),
kegiatan TJSL yang fokus pada TPB Tujuan 1 (Kebutuhan         Goal 4 (Quality Education), Goal 5 (Gender Equality), Goal
Dasar Korban Bencana), Tujuan 3 (Kehidupan Sehat dan          8 (Decent Work and Economic Growth), Goal 11 (Inclusive,
Kesejahteraan Penduduk), Tujuan 4 (Pendidikan                 Safe, Resilient, and Sustainable Cities and Communities),
Berkualitas), Tujuan 5 (Kesetaraan Gender), Tujuan 8          and Goal 15 (Life on Land).
(Pekerjaan Layak dan Pertumbuhan Ekonomi), Tujuan
11 (Kota dan Pemukiman yang Inklusif, Aman, Tangguh
dan Berkelanjutan) dan Tujuan 15 (Ekosistem Darat).

Kami     menyadari,     upaya   meningkatkan    kinerja       We realize that efforts to improve sustainability performance
keberlanjutan akan selalu dihadapkan pada sejumlah            will always face several challenges. For instance, the rapid
tantangan.       Misalnya,  pesatnya     perkembangan         digitalization development in all aspects of business
digitalisasi di seluruh aspek kegiatan usaha antara lain      activities, such as facial recognition features, also brings
pada fitur pengenalan wajah, turut mendatangkan risiko        data security risks for customers. Therefore, KAI is
keamanan data pelanggan. Karena itu, KAI berkomitmen          committed to continuously ensuring reliable protection
untuk senantiasa memastikan berbagai sistem proteksi          systems, including strengthening cybersecurity to
yang andal, termasuk memperkuat keamanan siber                protect personal data privacy.
untuk melindungi privasi data pribadi.




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Kami juga menyadari, gerak langkah menuju transisi           We also realize that the steps towards the renewable energy
energi baru terbarukan (EBT) yang tengah didorong            transition being pushed by the Government still face the
Pemerintah masih menghadapi tantangan investasi yang         challenge of not being cheap investments. Meanwhile,
tidak murah. Sementara di saat yang sama, kita               at the same time, we face the increasingly evident risks
menghadapi risiko dampak perubahan iklim yang semakin        of climate change impacts. High rainfall, resulting in flood
nyata. Curah hujan tinggi sehingga memunculkan risiko        risks, poses challenges for KAI operations in serving the
banjir merupakan tantangan bagi operasional KAI              mobility needs of the community.
melayani kebutuhan mobilitas masyarakat.

Dalam dinamika tersebut, kami memahami peran aktif           In this dynamic environment, we understand the active
Direksi dalam membangun prinsip-prinsip keberlanjutan        role of the Board of Directors in building sustainability
pada kebijakan dan kegiatan bisnis KAI. Untuk memantau       principles into KAI's policies and business activities. To
dan memastikan penerapan praktik keberlanjutan yang          monitor and ensure the optimal implementation of
optimal, Direksi memanfaatkan rapat-rapat Direksi yang       sustainability practices, the Board of Directors utilizes
dilaksanakan secara berkala. Direksi juga melakukan          regular Board meetings. The Board of Directors also
monitoring dan evaluasi atas setiap capaian program-         monitors and evaluates every achievement of KAI's
program KAI yang berkaitan langsung dengan aspek ESG.        programs directly related to ESG aspects. Overall, the
Secara umum, Direksi menilai bahwa capaian kinerja           Board of Directors assesses that KAI's sustainability
keberlanjutan KAI pada tahun 2023 telah menunjukkan          performance in 2023 has shown a good improvement
peningkatan yang baik dibandingkan tahun sebelumnya.         compared to the previous year.



PERUBAHAN KOMPOSISI ANGGOTA DIREKSI
CHANGES IN THE COMPOSITION OF THE MEMBERS OF THE BOARD OF DIRECTORS
Berdasarkan Keputusan Menteri BUMN Selaku Rapat              Based on the decision of the Minister of State-Owned
Umum Pemegang Saham Perusahaan Nomor PER–11/                 Enterprises acting as the General Meeting of Shareholders
MBU/07/2021   tentang    Persyaratan, Tata    Cara           of the Company Number PER-11/MBU/07/2021 regarding
Pengangkatan, dan Pemberhentian Anggota Direksi              the Requirements, Procedures for Appointment, and
Badan Usaha Milik Negara sebagaimana telah diubah            Dismissal of Members of the Board of Directors of State-
dengan:                                                      Owned Enterprises as amended by:

     1. Peraturan Menteri Badan Usaha Milik Negara Nomor       1. Regulation of the Minister of State-Owned
        Per-7/MBU/09/2022, bahwa Sdr Eko Purwanto telah           Enterprises Number PER-7/MBU/09/2022, Mr. Eko
        diangkat sebagai Direktur Utama PT Industri Kereta        Purwanto has been appointed as President Director
        Api (Persero) sehingga jabatan yang bersangkutan          of PT Industri Kereta Api (Persero), resulting in the
        Sebagai Direktur Pengelolaan Sarana di PT Kereta          termination of his position as Director of Rolling
        Api Indonesia (Persero) berakhir, sehingga susunan        Stock Management at PT Kereta Api Indonesia
        anggota Dewan Direksi Perusahaan menjadi                  (Persero), thus the composition of the Board of
        sebagai berikut:                                          Directors of the Company is as follows:


 Direktur Utama / President Director                                                 Didiek Hartantyo

 Direktur Niaga / Managing Director of Commercial                                    Hadis Surya Palapa

 Direktur Operasi / Managing Director of Operations                                  Awan Hermawan Purwadinata

 Direktur Pengelolaan Prasarana / Managing Director of Infrastructure                Heru Kuswanto

 Direktur Pengelolaan Sarana / Managing Director of Rolling Stock                    -




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                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  Direktur Keselamatan dan Keamanan / Managing Director of Safety and                  Sandry Pasambuna
  Security

  Direktur SDM dan Umum / Managing Director of HR and General Affairs                  Suparno

  Direktur Perencanaan Strategis dan Pengembangan Usaha / Managing                     John Robertho
  Director of Strategic Planning and Business Development

  Direktur Keuangan dan Manajemen Risiko / Managing Director of                        Salusra Wijaya
  Finance and Risk Management


  2. Keputusan Menteri Badan Usaha Milik Negara                  2. Decision of the Minister of State-Owned Enterprises
     Nomor SK-322/MBU/11/2023, berdasarkan Akta No.50               Number SK-322/MBU/11/2023, based on Deed No.
     tanggal 12 Desember 2023 dan No. 09 tanggal 02                 50 dated December 12 th, 2023, and No. 09 dated
     November 2022 dibuat di hadapan Notaris Nining                 November 2 nd, 2022, made before Notary Nining
     Puspitaningtyas, S.H., Sp.1., M.H. Notaris di Bandung          Puspitaningtyas, S.H., Sp.1., M.H., a Notary in
     yang telah mendapat persetujuan dari Kementerian               Bandung, which has been approved by the Ministry
     Hukum dan Hak Asasi Manusia dengan Surat                       of Law and Human Rights with Decree No. AHU-
     Keputusan No. AHU-AH.01.09-0195208 tanggal 12                  AH.01.09-0195208 dated December 12 th, 2023,
     Desember 2023, mengalihkan penugasan Sdr John                  reallocates Mr. John Robertho's assignment as
     Robertho sebagai Direktur Perencanaan Strategis                Director of Strategic Planning and Rolling Stock
     dan Pengelolaan Sarana dan mengangkat Sdr Rudi                 Management and appoints Mr. Rudi As Aturridha
     As Aturridha sebagai Direktur Pengembangan                     as Director of Business Development and
     Usaha dan Kelembagaan, sehingga susunan                        Institutional Relations, thus the composition of the
     anggota Dewan Direksi Perusahaan menjadi                       Board of Directors of the Company is as follows:
     sebagai berikut:


  Direktur Utama / President Director                                                  Didiek Hartantyo

  Direktur Niaga / Managing Director of Commercial                                     Hadis Surya Palapa

  Direktur Operasi / Managing Director of Operations                                   Awan Hermawan Purwadinata

  Direktur Pengelolaan Prasarana / Managing Director of Infrastructure                 Heru Kuswanto

  Direktur Perencanaan Strategis dan Pengelolaan Sarana / Managing                     John Robertho
  Director of Strategic Planning and Rolling Stock

  Direktur Keselamatan dan Keamanan / Managing Director of Safety and                  Sandry Pasambuna
  Security

  Direktur SDM dan Umum / Managing Director of HR and General Affairs                  Suparno

  Direktur Pengembangan Usaha dan Kelembagaan / Managing Director                      Rudi As Aturridha
  of Business Development and Institutional Relations

  Direktur Keuangan dan Manajemen Risiko / Managing Director of                        Salusra Wijaya
  Finance and Risk Management




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PENUTUP
CLOSING
Kami menghaturkan terima kasih dan apresiasi tinggi        We extend our sincere thanks and high appreciation to
kepada seluruh pemangku kepentingan, terutama              all stakeholders, especially management and employees,
manajemen dan karyawan yang telah memberikan               for their trust, commitment, hard work, loyalty, and
kepercayaan, komitmen, kerja keras, loyalitas, dan kerja   cooperation throughout 2023, which enabled KAI to
sama selama tahun 2023 sehingga KAI mampu                  achieve satisfying performance in 2023. The Board of
memperoleh kinerja memuaskan pada tahun 2023. Direksi      Directors also expresses deep gratitude and appreciation
juga mengucapkan terima kasih dan penghargaan yang         to the Board of Commissioners for their advice and
mendalam kepada Dewan Komisaris karena telah               oversight, ensuring that the Company's operations and
memberikan nasihat dan pengawasan sehingga                 business management meet the set targets.
pengelolaan operasi dan bisnis Perseroan dapat
memenuhi target yang telah ditetapkan.

Semoga perjalanan dan capaian selama tahun 2023 dapat      May the journey and achievements throughout 2023 serve
menjadi cerminan bagi langkah kita bersama di tahun-       as a reflection for our steps together in the coming years,
tahun mendatang, mengoptimalkan potensi terbaik agar       optimizing the best potential so that the Company can
Perusahaan dapat memberi layanan terbaik bagi negeri.      provide the best service for the country.




                                  Bandung, September 2024 / September, 2024
                                             Atas Nama Direksi, /
                                      On Behalf of the Board of Directors,




                                            DIDIEK HARTANTYO
                                                 Direktur Utama
                                                President Director




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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




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     1   Didiek Hartantyo                     Direktur Utama / President Director

     2   Hadis Surya Palapa                   Direktur Niaga / Managing Director of Commerce

     3   Awan Hermawan Purwadinata            Direktur Operasi / Managing Director of Operation

                                              Direktur Pengelolaan Prasarana / Managing Director of
     4   Heru Kuswanto
                                              Infrastructure

                                              Direktur Keselamatan dan Keamanan / Managing Director of
     5   Sandry Pasambuna
                                              Safety and Security




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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                Direktur SDM dan Umum / Managing Director of Human Capital
   6    Suparno
                                                & General Affairs

                                                Direktur Perencanaan Strategis dan Pengelolaan Sarana /
   7    John Robertho
                                                Managing Director of Strategic Planning and Rolling Stock

                                                Direktur Keuangan dan Manajemen Risiko / Managing Director
   8    Salusra Wijaya
                                                of Finance and Risk Management

                                                Direktur Pengembangan Usaha & Kelembagaan / Managing
   9    Rudi As Aturridha
                                                Director of Business Development and Institutional Relations




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LAPORAN DEWAN KOMISARIS
BOARD OF COMMISSIONERS REPORT




              Para Pemegang Saham dan Pemangku Kepentingan yang terhormat,
                          Respected Shareholders and Stakeholders,


Puji syukur kami panjatkan kepada Tuhan Yang Maha           We give thanks to God Almighty for His mercy and grace
Esa atas rahmat dan karunia-Nya sehingga PT Kereta Api      so that PT Kereta Api Indonesia (Persero) is able to provide
Indonesia (Persero) mampu memberikan kinerja                optimal performance during 2023. Through various
optimal selama tahun 2023. Melalui berbagai inovasi dan     innovations and adaptations, KAI is able to take
adaptasi, KAI mampu memanfaatkan momentum                   advantage of the recovery momentum after the Covid-19
pemulihan pasca pandemi Covid-19, tercermin dari            pandemic, as reflected in increasing production
meningkatnya kinerja produksi. KAI bersama entitas anak     performance. KAI and its subsidiaries always strive to fulfill
senantiasa berupaya memenuhi tanggung jawabnya              their responsibility to provide railway transportation
untuk memberikan layanan transportasi perkeretaapian        services in Indonesia that can support the creation of
di Indonesia yang dapat menunjang terciptanya               sustainable economic growth for the community.
pertumbuhan ekonomi masyarakat secara berkelanjutan.

Kami menyadari, pemulihan perekonomian pasca                We realize that economic recovery after the Covid-19
pandemi Covid-19 belum merata di seluruh sektor.            pandemic has not been evenly distributed across all
Perekonomian global yang masih berupaya pulih               sectors. The global economy, which is still trying to
mendapatkan tantangan dari sejumlah krisis geopolitik       recover, is being challenged by a number of geopolitical
dan perlambatan di sejumlah negara maju. Meskipun           crises and slowdowns in a number of developed countries.
demikian, kita patut bersyukur atas ketangguhan             Nevertheless, we should be grateful for the resilience of
perekonomian nasional yang masih mampu mencatatkan          the national economy which was still able to record
pertumbuhan di atas 5%. Dalam situasi tersebut Dewan        growth above 5%. In this situation, the Board of
Komisaris memandang Direksi, manajemen, dan seluruh         Commissioners views that the Board of Directors,
karyawan KAI mampu menunjukkan komitmen dan                 management and all KAI employees are able to
dedikasi tinggi yang tercermin pada kinerja keuangan        demonstrate high commitment and dedication which
Perusahaan. Kami juga menilai, inisiatif strategi Direksi   is reflected in the Company's financial performance. We
mampu menjawab sejumlah tantangan yang menjadi              also assess that the Board of Directors' strategic initiatives
perhatian Dewan Komisaris selama tahun 2023.                are able to answer a number of challenges that are of
                                                            concern to the Board of Commissioners during 2023.

Secara khusus, Dewan Komisaris memberi perhatian pada       In particular, the Board of Commissioners is paying
sejumlah isu selama tahun 2023, antara lain penyelesaian    attention to a number of issues during 2023, including
Proyek Strategis Nasional (PSN) LRT Jabodebek dan Kereta    the completion of the Jabodebek LRT National Strategic
Cepat Jakarta Bandung (KCJB) Whoosh; pengembangan           Project (PSN) and the Jakarta Bandung Fast Train (KCJB)
Sarana dan Prasarana Perkeretaapian Umum di Sumatera        Whoosh; development of Public Railway Rolling Stock
Bagian Selatan; isu IMO dan TAC, kecelakaan KA, serta       and Infrastructure in Southern Sumatra; IMO and TAC
isu-isu keberlanjutan di masa mendatang.                    issues, train accidents, and future sustainability issues.




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      SAID AQIL SIROJ
      Komisaris Utama / Komisaris Independen
      Chief Commissioner / Independent Commissioner




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PENILAIAN TERHADAP KINERJA DIREKSI
ASSESSMENT OF DIRECTORS' PERFORMANCE
Secara umum, Dewan Komisaris menilai Direksi telah           In general, the Board of Commissioners assesses that the
menunjukkan kinerja optimal dalam mengelola                  Board of Directors has demonstrated optimal performance
perusahaan. Hal tersebut tercermin pada pencapaian           in managing the company. This is reflected in the
kinerja keuangan Perusahaan yang positif di tahun 2023.      Company's positive financial performance in 2023. The
Meningkatnya volume jasa angkutan penumpang dan              increase in the volume of passenger and freight
barang yang mendorong naiknya pendapatan dan laba            transportation services which has driven up the
Perusahan tersebut juga disertai dengan ketepatan waktu      Company's revenue and profits is also accompanied by
keberangkatan dan kedatangan kereta yang semakin             improved train departure and arrival times.
baik.

Tahun 2023 juga menjadi bagian sejarah penting               The year 2023 will also be an important part of the history
perkeretaapian Indonesia dengan beroperasinya dua            of Indonesian railways with the operation of two National
Proyek Strategis Nasional (PSN) yaitu LRT Jabodebek dan      Strategic Projects (PSN), namely the Jabodebek LRT and
Kereta Cepat Jakarta Bandung. LRT Jabodebek                  the Jakarta Bandung Fast Train. The Jabodebek LRT is
merupakan transportasi yang menerapkan teknologi             transportation that applies Communication Based Train
Communication Based Train Control (CBTC) dengan              Control (CBTC) technology with the first GoA 3 Grade of
sistem operasi GoA 3 Grade of Automation 3 (driverless)      Automation 3 (driverless) operating system in Indonesia,
yang    pertama    di   Indonesia,     dengan    seluruh     with all train operations controlled from the OCC. The
pengoperasian kereta dikendalikan dari OCC. LRT              Jabodebek LRT, which was inaugurated by Indonesian
Jabodebek yang diresmikan oleh Presiden RI Joko              President Joko Widodo on August 28 th 2023, received a
Widodo pada 28 Agustus 2023 tersebut mendapatkan             positive response from the public. Likewise with KCJB
tanggapan yang positif dari masyarakat. Begitu juga          Whoosh which was launched on October 2 nd 2023. In
halnya dengan KCJB Whoosh yang diluncurkan pada 2            accordance with Presidential Decree no. 93/2021, the
Oktober 2023. Sesuai Perpres No. 93/2021, Pemerintah         Government has mandated KAI as the leader of the SOE
telah   mengamanatkan        KAI    sebagai    pimpinan      consortium to accelerate the completion of the Jakarta
konsorsium BUMN untuk percepatan penyelesaian                - Bandung high-speed train project. The operation of the
proyek kereta cepat Jakarta - Bandung. Beroperasinya         KCJB is an important record of Indonesian railway history
KCJB ini merupakan salah satu catatan penting sejarah        which also raises a sense of national pride.
perkeretaapian Indonesia yang juga membangkitkan rasa
kebanggaan nasional.

Kami juga menilai, upaya pengembangan Sarana dan             We also consider efforts to develop Public Railway Rolling
Prasarana Perkeretaapian Umum di Sumatera Bagian             Stock and Infrastructure in Southern Sumatra as a
Selatan sebagai langkah strategis dalam mendorong            strategic step in encouraging national economic growth,
pertumbhan ekonomi nasional, khususnya pada moda             especially in the mode of transportation in Southern
transportasi    di    Sumatera      Bagian     Selatan.      Sumatra. This development is one of the company's efforts
Pengembangan tersebut merupakan salah satu upaya             to carry out the National Strategic Project (PSN) based
perusahaan dalam menjalankan Proyek Strategis Nasional       on RI Presidential Decree Number 109 of 2020 concerning
(PSN) berdasarkan Perpres RI Nomor 109 Tahun 2020            the third amendment to PP Number 3 of 2016 concerning
tentang perubahan ketiga atas PP Nomor 3 Tahun 2016          the Acceleration of Implementation of National Strategic
tentang Percepatan Pelaksanaan Proyek Strategis              Projects, namely the Lahat - Muaraenim - Prabumulih -
Nasional yaitu Kereta Api Logistik Lahat - Muaraenim –       Tarahan/Lampung Logistics Train , and Prabumulih -
Prabumulih - Tarahan/Lampung, dan Prabumulih -               Kertapati/Palembang. This development will continue
Kertapati/Palembang. Pengembangan ini akan terus             until 2024.
dilanjutkan hingga tahun 2024.

Di sisi lain, kami masih menyoroti isu track access charge   On the other hand, we are still highlighting the issue of
(TAC) dan infrastructure maintenance and operation           track  access     charge   (TAC)    and    infrastructure
(IMO) sebagai tantangan bagi Perusahaan. Pada tahun          maintenance and operation (IMO) as challenge for the
2023 prognosa kompensasi Pemerintah dari IMO dibawah         Company. In 2023, the Government's compensation
besaran TAC tahun 2023 yang ditagihkan oleh Pemerintah.      prognosis from IMO below the 2023 TAC amount charged
Kami menilai perlunya upaya perbaikan tata kelola IMO        by the Government. We assess the need for efforts to
dan TAC berupa Perubahan Peraturan Presiden Nomor            improve IMO and TAC governance in the form of
53 Tahun 2012 sebagai payung hukum pelaksanaan               amendments to Presidential Regulation Number 53 of
penugasan IMO TA 2023, perbaikan tata kelola penugasan       2012 as a legal umbrella for implementing IMO
IMO, dan penyelesaian isu backlog IMO TA 2015-2022           assignments for FY 2023, improving governance of IMO
serta perubahan PMK 138 tahun 2021 terkait formula           assignments, and resolving the IMO backlog issue for FY
perhitungan TAC agar segera diselesaikan demi                2015-2022 as well as changes to PMK 138 of 2021 regarding




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keberlangsungan usaha PT KAI. Dewan Komisaris                the formula. TAC calculations must be completed
mengharapkan kebijakan ke depan mampu memberikan             immediately for the continuity of PT KAI's business. The
solusi terkait dengan permasalahan IMO dan TAC. Dewan        Board of Commissioners hopes that future policies will
Komisaris juga mengharapkan perawatan infrastruktur          be able to provide solutions related to IMO and TAC
tetap menjadi skala prioritas memperhatikan aspek            problems. The Board of Commissioners also hopes that
keselamatan merupakan hal utama yang harus                   infrastructure maintenance will remain a priority, paying
diperhatikan. Apalagi, permasalahan terkait dengan           attention to safety aspects as the main thing that must
Kecelakaan Kereta Api (KKA) masih terjadi pada tahun         be considered. Moreover, problems related to Train
2023. Komitmen Direksi meningkatkan keselamatan              Accidents (KKA) will still occur in 2023. The Directors'
penumpang melalui perawatan sarana dan prasarana             commitment to improving passenger safety through
secara rutin menjadi langkah penting di tengah               routine maintenance of Rolling Stock and infrastructure
tantangan masih rendahnya IMO yang akan diberikan            is an important step amidst the challenges of the low
Pemerintah. Pola operasi harus dijalankan seefisien          IMO that will be provided by the Government.
mungkin untuk meningkatkan volume angkutan dan               Operational patterns must be carried out as efficiently
menekan kemungkinan terjadinya KKA.                          as possible to increase transportation volume and reduce
                                                             the possibility of KKA.

Untuk menjaga keberlanjutan bisnis Perusahan, kami           To maintain the sustainability of the Company's business,
menilai Direksi beserta manajemen dan seluruh karyawan       we believe that the Board of Directors, management and
harus senantiasa mempersiapkan diri pada tantangan           all employees must always prepare themselves for the
perubahan dan disrupsi bisnis yang terjadi di masa yang      challenges of change and business disruption that will
akan datang. Dengan beroperasinya dua PSN yang               occur in the future. With the operation of two PSNs which
merupakan penugasan Pemerintah yaitu KCJB dan LRT            are assigned by the Government, namely KCJB and LRT
Jabodebek, KAI harus mampu mengoptimalkan kinerja            Jabodebek, KAI must be able to optimize the
kedua proyek tersebut agar tidak hanya bermanfaat            performance of these two projects so that they not only
kepada masyarakat dan negara, tetapi juga memberikan         benefit society and the country, but also have a positive
dampak yang positif bagi perusahaan. Dalam hal ini,          impact on the company. In this case, strategies and
diperlukan strategi dan inovasi untuk meningkatkan           innovation are needed to increase transportation
volume angkutan melalui operasi yang efisien dan             volumes through efficient operations and prioritizing
mengedepankan keselamatan.                                   safety.


PENGAWASAN DEWAN KOMISARIS
DALAM PERUMUSAN DAN IMPLEMENTASI
STRATEGI YANG DILAKUKAN OLEH DIREKSI
SUPERVISION OF THE BOARD OF COMMISSIONERS IN THE FORMULATION AND
IMPLEMENTATION OF STRATEGIES CARRIED OUT BY THE BOARD OF DIRECTORS
Selama tahun 2023, Dewan Komisaris telah menjalankan         During 2023, the Board of Commissioners has carried
fungsi pengawasan terhadap kinerja Perseroan. Arahan,        out a supervisory function over the Company's
saran, dan nasihat Dewan Komisaris diberikan secara          performance. Directions, suggestions and advice from
berkala kepada Direksi melalui rapat rutin, antara lain      the Board of Commissioners are provided periodically to
rapat internal Dewan Komisaris, termasuk rapat Dewan         the Board of Directors through regular meetings,
Komisaris dengan mengikutsertakan Direksi. Hingga akhir      including internal meetings of the Board of
tahun 2023, Dewan Komisaris telah melaksanakan               Commissioners, including Board of Commissioners
sebanyak 14 kali rapat gabungan bersama Direksi. Di          meetings involving the Board of Directors. Until the end
samping itu, Dewan Komisaris juga turun langsung ke          of 2023, the Board of Commissioners has held 14 joint
wilayah kerja/operasional untuk meninjau pelaksanaan         meetings with the Board of Directors. In addition, the
strategi Perseroan. Sepanjang tahun 2023 Dewan               Board of Commissioners also goes directly to work/
Komisaris telah melakukan 30 kali kunjungan kerja ke         operational areas to review the implementation of the
berbagai wilayah kerja KAI.                                  Company's strategy. Throughout 2023, the Board of
                                                             Commissioners has carried out 30 working visits to various
                                                             KAI work areas.

Selain itu, Dewan Komisaris telah melakukan pengawasan       In addition, the Board of Commissioners has supervised
terhadap perumusan strategi dan implementasi strategi        the formulation of strategy and implementation of the
Perseroan agar sesuai peraturan perundang-undangan           Company's strategy so that it complies with applicable
yang berlaku dan Anggaran Dasar Perseroan. Dalam hal         laws and regulations and the Company's Articles of
ini, Dewan Komisaris melakukan pengawasan terhadap           Association. In this case, the Board of Commissioners
penyusunan Rencana Jangka Panjang Perusahaan (RJPP)          supervises the preparation of the Company's Long Term
dan Rencana Kerja dan Anggaran Perusahaan (RKAP)             Plan (RJPP) and Annual Company Work and Budget Plan




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Tahunan. Berdasarkan PER-2/MBU/03/2023 tanggal 24             (RKAP). Based on PER-2/MBU/03/2023 dated March 24 th
Maret 2023 tentang Pedoman Tata Kelola dan Kegiatan           2023 concerning Guidelines for Governance and
Korporasi Signifikan Badan Usaha Milik Negara,                Significant Corporate Activities of State-Owned
pengawasan Dewan Komisaris meliputi:                          Enterprises, supervision of the Board of Commissioners
                                                              includes:
     1. Pengawasan implementasi Blue Print/RJPP.                 1. Blue Print /RJPP implementation.
     2. Pengawasan implementasi RKAP.                            2. Supervision of RKAP implementation.
     3. Pengawasan     sistem   pengendalian      internal       3. Supervision of the Company's internal control
        Perusahaan.                                                  system.
     4. Pengawasan manajemen risiko perusahaan.                  4. Supervision of corporate risk management.
     5. Pengawasan sistem teknologi informasi perusahaan.        5. Supervision of company information technology
                                                                     systems.
     6. Pengawasan kebijakan dan pelaksanaan SDM                 6. Supervision of HR policies and implementation
        (termasuk diklat dan remunerasi).                            (including training and remuneration).
     7. Pengawasan kebijakan akuntansi dan penyusunan            7. Supervision of accounting policies and preparation
        laporan keuangan (termasuk usulan KAP).                      of financial reports (including KAP proposals).
     8. Pengawasan      kebijakan   dan    pelaksanaan           8. Supervision      of   procurement      policies  and
        pengadaan.                                                   implementation.
     9. Pengawasan kebijakan dan pelaksanaan pemasaran.          9. Supervision       of    marketing     policies   and
                                                                     implementation.
     10. Pengawasan kebijakan mutu dan layanan.                  10. Supervision of quality and service policies.
     11. Pengawasan kebijakan dan pelaksanaan riset dan          11. Supervision of company research and development
         pengembangan perusahaan.                                    policies and implementation.
     12. Pengawasan terhadap peraturan perundangan dan           12. Supervision of laws and regulations and agreements
         perjanjian dengan pihak ketiga.                             with third parties.

Kami menilai, proses perumusan dan implementasi               We assess that the process of formulating and
strategi perusahaan telah dilakukan Direksi dengan baik.      implementing the company's strategy has been carried
Direksi selalu mengkaji setiap strategi yang akan             out well by the Board of Directors. The Board of Directors
diimplementasikan pada perusahaan dari berbagai aspek         always reviews every strategy that will be implemented
secara komprehensif, mencakup keuangan, manajemen             in the company from various aspects in a comprehensive
risiko, hukum dan sosial. Direksi juga selalu berkoordinasi   manner, including finance, risk management, legal and
dan menjalin hubungan baik dengan pihak terkait, seperti      social. The Board of Directors also always coordinates and
Pemegang Saham, Dewan Komisaris, serta kementerian            maintains good relations with related parties, such as
teknis dan pihak lainnya yang terlibat.                       Shareholders, the Board of Commissioners, as well as
                                                              technical ministries and other parties involved.



PANDANGAN ATAS PROSPEK USAHA
PERSEROAN YANG DISUSUN OLEH DIREKSI
VIEWS ON THE COMPANY'S BUSINESS PROSPECTS
PREPARED BY THE BOARD OF DIRECTORS
Berdasarkan laporan World Economic Outlook (WEO) yang         Based on the World Economic Outlook (WEO) report
diterbitkan Dana Moneter Internasional (IMF) pada 10          published by the International Monetary Fund (IMF) on
Oktober 2023, pertumbuhan ekonomi global di tahun             October 10 th 2023, global economic growth in 2024 will
2024 akan mencapai sebesar 2,9%, turun 0,1% dari              reach 2.9%, down 0.1% from the projected global
proyeksi pertumbuhan ekonomi global tahun 2023 yang           economic growth in 2023 which reaches 3%. The global
mencapai sebesar 3%. Perekonomian global juga masih           economy is also still overshadowed by various conditions
dibayangi berbagai kondisi ketidakpastian global, mulai       of global uncertainty, ranging from never-ending
dari konflik geopolitik yang tak kunjung usai,                geopolitical conflicts, weakening economic growth in
pertumbuhan ekonomi China dan Amerika Serikat yang            China and the United States, volatility in commodity prices,
melemah, volatilitas harga komoditas, hingga ancaman          to the threat of climate change. These global conditions
perubahan iklim. Kondisi global tersebut, tentu dapat         can certainly have a significant impact on the Indonesian
memberikan dampak yang signifikan pada perekonomian           economy if the Government, regulators, industry players
Indonesia apabila Pemerintah, regulator, pelaku industri      and other stakeholders do not prepare anticipatory steps.
dan pemangku kepentingan lainnya tidak menyiapkan             Meanwhile, Indonesia's economic growth in 2024 is
langkah antisipatif. Adapun pertumbuhan ekonomi               predicted to remain stable at around 5%. The Indonesian
Indonesia tahun 2024 diperkirakan masih tetap stabil di       government has set a target for Indonesia's economic
kisaran 5%. Adapun Pemerintah Indonesia telah                 growth in 2024 at 5.2%. Indonesia's inflation is projected
menetapkan target pertumbuhan ekonomi Indonesia               at 2.8% with the Rupiah exchange rate at around Rp15,000




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tahun 2024 sebesar 5,2%. Inflasi Indonesia diproyeksikan        per US dollar.
sebesar 2,8% dengan nilai tukar Rupiah pada kisaran
Rp15.000 per dolar AS.

Kami sependapat dengan evaluasi Direksi atas prospek            We agree with the Board of Directors' evaluation of KAI's
bisnis KAI yang akan sejalan dengan kondisi                     business prospects, which will align with national
perekonomian nasional di tengah-tengah kontestasi               economic conditions amidst the political contestation
politik di tahun 2024. Mempertimbangkan prospek                 in 2024. Considering Indonesia's economic growth
pertumbuhan ekonomi Indonesia, kami juga menilai                prospects, we also assess KAI's Work Plan and Budget
RKAP KAI untuk tahun 2024 yang memproyeksikan                   (RKAP) for 2024, which projects positive growth in both
pertumbuhan positif pada jasa angkutan maupun non               transportation and non-transportation services, as a
angkutan merupakan target realistis dan dapat menjadi           realistic target that can provide a strong foundation for
landasan kuat untuk mempertahankan kinerja dalam                maintaining long-term performance. These targets have
jangka    panjang.    Target-target    tersebut  telah          considered the strength of production tools, the
mempertimbangkan kekuatan alat produksi, kemampuan              capabilities of human resources, as well as several
SDM, serta sejumlah investasi yang direncanakan untuk           investments planned for 2024.
tahun 2024.

Terhadap prospek usaha yang disusun Direksi, kami               Regarding the business prospects prepared by the Board
menyoroti pentingnya memastikan kegiatan usaha yang             of Directors, we emphasize the importance of ensuring
berkelanjutan di masa mendatang. Kami juga                      sustainable business activities in the future. We also
menyarankan Direksi untuk terus melakukan adaptasi              suggest that the Board of Directors continue to adapt
dan      inovasi      guna    meningkatkan          layanan,    and innovate to enhance services, prioritize infrastructure
memprioritaskan perawatan infrastruktur yang berkaitan          maintenance directly related to passenger safety aspects,
langsung dengan aspek keselamatan penumpang, serta              and conduct efficient operations. The existing business
menjalankan operasi yang efisien. Adapun risiko bisnis          risks must be continuously monitored and anticipated
yang ada harus terus dipantau dan segera diantisipasi           before they develop into difficult problems. In this regard,
sebelum berkembang menjadi permasalahan yang sulit              we believe that the Board of Directors has well-prepared
diatas. Dalam hal ini, kami menilai Direksi telah menyusun      risk mitigation strategies for the company's three main
strategi mitigasi risiko dengan baik pada tiga risiko utama     risks: financial, safety and environmental, and
Perseroan yaitu keuangan, keselamatan dan lingkungan,           operational.
serta operasional.



PANDANGAN ATAS PENERAPAN TATA KELOLA
PERUSAHAAN YANG BAIK
VIEWS ON THE IMPLEMENTATION OF GOOD CORPORATE GOVERNANCE
Implementasi tata kelola perusahaan yang baik (Good             Implementation of good corporate governance (GCG) is
Corporate Governance / GCG) merupakan upaya KAI                 KAI's effort to realize sustainable business. We believe
mewujudkan bisnis yang berkelanjutan. Kami meyakini,            that implementing GCG in every business line in
implementasi GCG di setiap lini bisnis sesuai peraturan         accordance with applicable laws and regulations can
perundang-undangan yang berlaku dapat menciptakan               create added value for all stakeholders. During 2023, the
nilai tambah (value added) bagi semua pemangku                  Board of Commissioners assesses that the implementation
kepentingan. Selama tahun 2023, Dewan Komisaris                 of GCG has been carried out well based on GCG principles.
menilai penerapan GCG telah dijalankan dengan baik              The implementation of corporate governance is very
berdasarkan prinsip-prinsip GCG. Penerapan tata kelola          good. The company has committed to implementing GCG
perusahaan sudah sangat baik. Perusahaan telah                  principles in every line of the organization so that it runs
berkomitmen untuk menerapkan prinsip-prinsip GCG                well, orderly and sustainably. The company has also
di setiap lini organisasi agar berjalan dengan baik, tertib     supported increasing the role of risk management in
dan berkelanjutan. Perusahaan juga telah mendukung              every company business process so that it can mitigate
peningkatan peran manajemen risiko dalam setiap proses          the impacts that will occur. The Board of Commissioners
bisnis perusahaan sehingga dapat memitigasi dampak              also supports the Company's efforts to prepare a short,
yang akan terjadi. Dewan Komisaris turut mendukung              medium and long term ESG Roadmap, which will begin
upaya Perseroan menyusun Roadmap ESG jangka                     to be implemented in 2024.
pendek, menengah, dan panjang, yang akan mulai
diimplementasikan pada 2024.




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SISTEM MANAJEMEN RISIKO                                         RISK MANAGEMENT SYSTEM
Dewan Komisaris memberikan dukungan penuh terhadap              The Board of Commissioners provides full support for the
penerapan manajemen risiko di lingkungan Perusahaan.            implementation of risk management within the
Kami memahami pentingnya sistem manajemen risiko                Company. We understand the importance of an effective
yang efektif dan efisien dalam melakukan mitigasi mulai         and efficient risk management system in carrying out
dari   asesmen,      pengawasan,    hingga    tindakan          mitigation starting from assessment, supervision, to
pengendalian risiko bisnis perusahaan. Berangkat dari           controlling company business risks. Based on this
pemahaman tersebut, Perseroan menerapkan sistem                 understanding, the Company implements a risk
manajemen risiko yang mengacu pada ISO 31000:2018               management system that refers to ISO 31000:2018 Risk
Risk Management – Guidelines sehingga Perseroan                 Management - Guidelines so that the Company is able
mampu menangkap peluang usaha dan mengelola risiko              to capture business opportunities and manage risks by
dengan pelaksanaan mitigasi risiko yang efektif.                implementing effective risk mitigation.

Perseroan menjalankan proses manajemen risiko melalui           The Company carries out the risk management process
rangkaian siklus yang diawali dari kegiatan komunikasi          through a series of cycles starting with communication
dan konsultasi untuk mendapatkan informasi terbaik              and consultation activities to obtain the best information
yang tersedia sebagai dasar dalam melakukan penentuan           available as a basis for determining the context and risk
konteks dan asesmen risiko. Data dan informasi tersebut         assessment. This data and information is obtained from
diperoleh dari proposal, project minicharter, justifikasi       proposals, project minicharter, justification for the need
kebutuhan barang dan jasa, RAB, spesifikasi teknis, kajian      for freight and services, budget plan, technical
finansial, studi kelayakan bisnis, dan kajian highest and       specifications, financial studies, business feasibility
best use, serta dari kegiatan survei lapangan ke lokasi         studies, and highest and best use studies, as well as from
objek-objek investasi. Berdasarkan data dan informasi           field survey activities to the locations of investment
tersebut, Unit Manajemen Risiko mengidentifikasi                objects. Based on this data and information, the Risk
potensi-potensi risiko yang dapat mempengaruhi                  Management Unit identifies potential risks that could
pencapaian strategi dan tujuan Perseroan termasuk               affect the achievement of the Company's strategy and
tujuan setiap paket investasi yang tertuang dalam RKAP.         objectives, including the objectives of each investment
                                                                package contained in the Company Work Plan and
                                                                Budget (RKAP).

Unit Manajemen Risiko juga melakukan kegiatan asesmen           The Risk Management Unit also carries out periodic risk
risiko berkala berdasarkan usulan investasi RKAP dan            assessment activities based on RKAP and Non-RKAP
Non RKAP, termasuk menjalankan asesmen risiko atas              investment proposals, including carrying out risk
permintaan khusus dari direktorat tertentu (user).              assessments at special requests from certain directorates
Perseroan melakukan penerapan risiko investasi dalam            (users). The Company applies investment risk in order to
rangka menjamin penciptaan nilai (create value) dari            guarantee the creation of value from the company's
kegiatan    investasi   perusahaan     dengan     tingkat       investment activities with a decent level of return on
pengembalian investasi yang layak dan profitabilitas yang       investment and increased profitability so that it is hoped
meningkat sehingga diharapkan dapat meningkatkan                that it can increase the company's business growth.
pertumbuhan bisnis perusahaan. Selama tahun 2023, Unit          During 2023, the Risk Management Unit has carried out
Manajemen Risiko telah menjalankan asesmen risiko tidak         risk assessments not only limited to investments but also
hanya terbatas pada investasi saja tetapi juga melakukan        carried out risk assessments outside of investments.
asesmen risiko di luar investasi.

Berdasarkan asesmen risiko yang telah dilakukan pada            Based on the risk assessment carried out in 2023, the
tahun 2023, Unit Manajemen Risiko mengidentifikasi 22           Risk Management Unit identified 22 main risks for the
risiko utama Perusahaan terhadap RKAP 2023 yang                 Company towards the 2023 RKAP, consisting of 4 risks
terdiri dari 4 risiko dengan level inheren ekstrim, 12 risiko   with extreme inherent levels, 12 risks with high inherent
dengan level inheren tinggi dan 6 risiko dengan level           levels and 6 risks with moderate inherent levels, as well
inheren sedang, serta terdapat 41 mitigasi risiko yang          as 41 risk mitigations. which must be acted upon. As of
harus ditindaklajuti. Sampai dengan triwulan IV 2023,           the fourth quarter of 2023, risk mitigation follow-up has
telah dilakukan tindaklanjut mitigasi risiko oleh unit          been carried out by the relevant units with 29 mitigations
terkait dengan 29 mitigasi telah selesai dilaksanakan, 11       having been completed, 11 mitigations are still in process
mitigasi masih dalam proses dan 1 mitigasi tidak dapat          and 1 mitigation cannot be followed up by the Mitigation
ditindaklanjuti oleh PIC Mitigasi karena sudah tidak            PIC because it is no longer relevant to current conditions.
relevan dengan kondisi saat ini. Monitoring dilakukan           Monitoring is carried out by filling out risk mitigation follow-
melalui pengisian form tindak lanjut mitigasi risiko maupun     up forms or by monitoring directly with the Risk Taking
dengan cara memantau secara langsung ke para Risk               Units (RTU).
Taking Unit (RTU).

Mengacu pada ISO 31000:2018, pengelolaan risiko                 Referring to ISO 31000:2018, the Company's risk
Perseroan akan dapat berjalan efektif jika dilakukan oleh       management will be able to run effectively if it is carried




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seluruh unit bisnis atau yang disebut sebagai                 out by all business units or what is known as integrated
manajemen risiko terpadu (Enterprise Risk Management/         risk management (Enterprise Risk Management /ERM).
ERM). Untuk itu, dalam rangka penerapan ERM, Perseroan        For this reason, in the context of implementing ERM, the
telah menerapkan aplikasi SMARTKA untuk memfasilitasi         Company has implemented the SMARTKA application
pelaksanaan penerapan Sistem Manajemen Risiko                 to facilitate the implementation of the Integrated Risk
Terpadu.     Keberadaan      aplikasi SMARTKA      guna       Management System. The existence of the SMARTKA
mendukung pengelolaan risiko di seluruh unit bisnis/unit      application supports risk management in all business
kerja (risk entity) melalui pelaksanaan Risk Control and      units/work      units   (risk   entities) through    the
Self Assessment (RCSA).                                       implementation of Risk Control and Self Assessment
                                                              (RCSA).

Pada tahun 2023 telah dilakukan evaluasi maturitas            In 2023, an evaluation of the maturity of the
penerapan sistem manajemen risiko terpadu untuk               implementation of the integrated risk management
periode tahun 2022 oleh Kantor Perwakilan Pengawas            system for the 2022 period was carried out by the West
Keuangan dan Pembangunan (BPKP) Provinsi Jawa Barat.          Java Province Financial and Development Supervisory
Berdasarkan     Laporan     Nomor:      PE.09.02/LHP156/      Representative Office (BPKP). Based on Report Number:
PW10/4.1/2023 tanggal 6 April 2023 tentang Hasil Evaluasi     PE.09.02/LHP156/PW10/4.1/2023 dated April 6 th, 2023
Maturitas tersebut, capaian tingkat maturitas penerapan       concerning the Results of the Maturity Evaluation, the
sistem manajemen risiko pada PT Kereta Api Indonesia          maturity level of risk management system implementation
(Persero) Tahun 2022 berada pada Level 3 (Defined)            at PT Kereta Api Indonesia (Persero) in 2022 is at Level 3
dengan skor 3,0909. Hasil evaluasi atas tingkat maturitas     (Defined) with score 3.0909. The results of the evaluation
penerapan manajemen risiko tersebut juga dapat                of the maturity level of implementing risk management
menggambarkan level maturitas penerapan budaya risiko         can also illustrate the maturity level of implementing risk
di perusahaan.                                                culture in the company.

Secara keseluruhan, Dewan Komisaris menilai penerapan         Overall, the Board of Commissioners assesses that the
sistem manajemen risiko di Perseroan selama tahun 2023        implementation of the risk management system in the
telah berjalan dengan baik.                                   Company during 2023 has gone well.

SISTEM PENGENDALIAN INTERNAL                                  INTERNAL CONTROL SYSTEM
Dalam rangka mencapai operasi yang sehat, aman, dan           In order to achieve healthy, safe and integrity operations,
berintegritas,   Perseroan     menerapkan      Sistem         the Company implements an Internal Control System.
Pengendalian Internal. Dewan Komisaris menilai bahwa          The Board of Commissioners assesses that throughout
sepanjang      tahun     2023,   Perseroan       telah        2023, the Company has implemented a reliable and
mengimplementasikan sistem pengendalian yang andal            effective control system.
dan efektif.

Perseroan mengadopsi Kerangka Kerja Pengendalian              The Company adopted the Internal Control -Integrated
Internal yang Terintegrasi (Internal Control-Integrated       Framework from The Committee of Sponsoring
Framework) dari The Committee of Sponsoring                   Organizations of the Treadway Commission (COSO) as a
Organizations of the Treadway Commission (COSO)               conceptual framework for developing internal control
sebagai kerangka konseptual dalam mengembangkan               within the Company. Therefore, the Company's internal
pengendalian internal di lingkungan Perseroan. Oleh           control system is in line with the standards developed
karena itu, sistem pengendalian internal Perseroan            by COSO, which includes five main components consisting
sejalan dengan standar yang dikembangkan oleh COSO,           of Control Environment, Risk Assessment, Control
yaitu mencakup lima komponen utama terdiri dari               Activities, Information and Communication, and
Lingkungan Pengendalian, Penilaian Risiko, Kegiatan           Monitoring Activities. Each of these components includes
Pengendalian, Informasi dan Komunikasi, serta Kegiatan        several principles and focus points that are designed and
Pemantauan. Masing-masing komponen ini mencakup               implemented to achieve the objectives of the internal
beberapa prinsip dan poin fokus yang dirancang dan            control system. Implementation of this internal control
diimplementasikan untuk mencapai tujuan sistem                system is the responsibility of the Board of Directors.
pengendalian internal. Penerapan sistem pengendalian
internal ini merupakan tanggung jawab Direksi.

Guna     menguji    dan   mengevaluasi      efektivitas       In order to test and evaluate the effectiveness of its
pelaksanaannya, Perseroan melakukan penilaian mandiri         implementation, the Company carries out an
terhadap sistem pengendalian internal yang diterapkan.        independent assessment of the internal control system
Penilaian ini memberikan keyakinan bahwa seluruh              implemented. This assessment provides confidence that
tujuan operasional Perseroan dapat tercapai sesuai            all of the Company's operational objectives can be
dengan target yang telah ditetapkan.                          achieved in accordance with the targets that have been
                                                              set.




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PANDANGAN DAN PERAN DEWAN                                   VIEWS AND ROLE OF THE BOARD OF
KOMISARIS DALAM WHISTLEBLOWING                              COMMISSIONERS IN THE WHISTLEBLOWING
SYSTEM                                                      SYSTEM
Dewan Komisaris melakukan pengawasan aktif atas             The Board of Commissioners carries out active supervision
pelaksanaan     sistem     pelaporan      pelanggaran       over the implementation of the whistleblowing system
(whistleblowing system) yang bertujuan untuk                which aims to detect fraud and internal violations. This
mendeteksi kecurangan dan pelanggaran internal. Hal         is part of the Company's commitment to support the
ini merupakan bagian dari komitmen Perseroan turut          Government in eradicating criminal acts of corruption.
mendukung       Pemerintah       dalam      melakukan       For this reason, the Company and the Corruption
pemberantasan tindak pidana korupsi. Untuk itu,             Eradication Commission (KPK) have signed a Cooperation
Perseroan dan Komisi Pemberantasan Korupsi (KPK) telah      Agreement for Handling Complaints in Efforts to Eradicate
menandatangani Perjanjian Kerja Sama (PKS) Penanganan       Corruption Crimes together with the Ministry of State-
Pengaduan Dalam Upaya Pemberantasan Tindak Pidana           Owned Enterprises (SOE) and 26 other SOEs.
Korupsi bersama dengan Kementerian Badan Usaha Milik
Negara (BUMN) serta 26 BUMN lainnya.

KAI juga mendorong seluruh Insan Perseroan dan/atau         KAI also encourages all Company Personnel and/or the
masyarakat untuk menyampaikan Pengaduan atas                public to submit Complaints regarding actions taken by
tindakan yang dilakukan oleh Insan Perseroan bila           Company Personnel if there are allegations of:
terdapat dugaan:
   1. Tindak pidana Korupsi, yang meliputi kerugian           1. 1. Acts of corruption, including financial losses to
      keuangan Perseroan, pemberian suap, penerimaan             the Company, bribery, acceptance of bribes,
      suap, penggelapan dalam jabatan, pemerasan,                embezzlement in office, extortion, fraudulent acts,
      perbuatan curang, benturan kepentingan dan/atau            conflicts of interest, and/or gratuities.
      gratifikasi.
   2. Tindak pidana lain yang berkaitan dengan tindak         2. Other criminal acts related to corruption.
      pidana korupsi.
   3. Pelanggaran     pedoman      perilaku  dan/atau         3. Violations of the code of conduct and/or the
      pelanggaran kode etik Perusahaan.                          Company’s code of ethics.
   4. Pelanggaran disiplin Pekerja                            4. Employee disciplinary violations.
   5. Tindak Diskriminasi                                     5. Acts of discrimination.
   6. Tindak Kekerasan                                        6. Acts of violence.
   7. Tindak Pelecehan                                        7. Acts of harassment.

Laporan pengaduan selanjutnya dikelola oleh unit            The complaint report is then managed by the WBS
pengelola WBS yaitu Unit Corporate Secretary dan Unit       management unit, namely the Corporate Secretary Unit
Quality Assurance and Good Corporate Governance yang        and the Quality Assurance and Good Corporate
terdiri atas penelaah WBS, petugas verifikasi WBS, dan      Governance Unit which consists of WBS reviewers, WBS
petugas administrasi WBS. Proses pengelolaan laporan        verification officers and WBS administration officers. The
meliputi beberapa tahap. Setelah menerima laporan           report management process includes several stages.
pengaduan, unit pengelola WBS melakukan administrasi,       After receiving a complaint report, the WBS management
verifikasi dan telaah. Selanjutnya, hasil telaah tersebut   unit conducts administration, verification, and review.
disampaikan      kepada     Direktur   Utama      sebagai   The results of this review are then submitted to the
Penanggung Jawab WBS. Berdasarkan hasil telaah,             President Director as the person responsible for the WBS.
penanggung jawab pengelola WBS meminta Kepala               Based on the review, the WBS management head requests
Satuan Pengawas Intern untuk melakukan audit                the Head of the Internal Audit Unit to conduct an
investigatif. Bila berdasarkan hasil audit investigatif     investigative audit. If based on the results of the
ditemukan adanya dugaan penyimpangan dan/ atau              investigative audit, suspected irregularities and/or
pelanggaran, penanggung jawab WBS akan meneruskan           violations are found, the person in charge of the WBS
hasil audit investigatif kepada pejabat yang berwenang      will forward the results of the investigative audit to the
menjatuhkan hukuman disiplin pekerja. Laporan               official who has the authority to impose disciplinary
pengaduan dan hasil investigasi akan didokumentasikan       penalties on workers. Complaint reports and investigation
oleh petugas database WBS. Selanjutnya, Dewan               results will be documented by WBS database officers.
Komisaris berperan menelaah laporan pengaduan WBS           Furthermore, the Board of Commissioners plays a role
dalam hal terlapor merupakan Direksi.                       in reviewing WBS complaint reports in the event that
                                                            the reported party is a Director.

Sepanjang tahun 2023, terdapat 17 laporan dugaan            Throughout 2023, there were 17 reports of suspected
pelanggaran yang dilaporkan melalui WBS, dengan 3           violations submitted through the WBS. Of these, 3 were
diantaranya terbukti dan telah ditindaklanjuti oleh Unit    substantiated and have been acted upon by the
yang berwenang, 3 laporan diteruskan kepada Pihak           authorized unit, 3 reports were forwarded to the relevant
terkait karena di luar luang lingkup dan wewenang           parties as they were outside the scope and authority of




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pengelola WBS, dan sisanya tidak dapat ditindaklanjuti       the WBS management, and the remaining reports could
karena tidak terbukti atau belum memenuhi syarat untuk       not be followed up due to lack of evidence or failure to
dilakukan proses lebih lanjut. Dewan Komisaris menilai,      meet the criteria for further processing. The Board of
implementasi WBS di Perseroan telah dijalankan               Commissioners assesses that the implementation of WBS
dengan baik selama tahun 2023.                               in the Company has been carried out well during 2023.

PENILAIAN KINERJA KOMITE-KOMITE DI                           PERFORMANCE ASSESSMENT OF
BAWAH DEWAN KOMISARIS                                        COMMITTEES UNDER THE BOARD OF
                                                             COMMISSIONERS
Dalam menjalankan fungsi pengawasan, Dewan Komisaris         In carrying out its supervisory function, the Board of
dibantu oleh komite-komite yang berada di bawah Dewan        Commissioners is assisted by committees under the Board
Komisaris yaitu Komite Audit, Komite Pemantau                of Commissioners, namely the Audit Committee, Risk
Manajemen Risiko, serta Komite Nominasi dan Remunerasi.      Management Monitoring Committee, and Nomination
                                                             and Remuneration Committee.

Komite Audit melakukan pengawasan atas kinerja Audit         The Audit Committee supervises the performance of
Internal, Auditor Independen dalam melakukan audit           Internal Audit, Independent Auditors in auditing
laporan keuangan, menelaah laporan Perseroan kepada          financial reports, reviewing the Company's reports to
pihak luar, dan sistem pengendalian intern. Di samping       external parties, and the internal control system. In
itu Komite Audit juga membantu Dewan Komisaris               addition, the Audit Committee also assists the Board of
dalam tugas-tugas lain yang diberikan oleh Dewan             Commissioners in other tasks assigned by the Board of
Komisaris. Adapun Komite Pemantau Manajemen Risiko           Commissioners. The Risk Management Monitoring
(KPMR) mengawasi berbagai risiko yang dihadapi               Committee (KPMR) oversees various risks faced by the
Perusahaan, yang meliputi aspek strategi, sistem, serta      Company, which include aspects of the Company's
kebijakan manajemen risiko Perusahaan, hingga                strategy, system and risk management policies, as well
melakukan identifikasi risiko yang dihadapi KAI, dan         as identifying the risks faced by KAI, and recommending
merekomendasikan langkah mitigasi risiko tersebut.           steps to mitigate these risks. Meanwhile, the Nomination
Sedangkan Komite Nominasi dan Remunerasi bertugas            and Remuneration Committee is tasked with assisting
membantu Dewan Komisaris dalam melakukan review              the Board of Commissioners in reviewing the company's
atas kebijakan talenta perusahaan, evaluasi terhadap         talent policy, evaluating prospective management of
calon pengurus baik perusahaan maupun anak                   both the company and its subsidiaries, and also providing
perusahaan, dan juga memberikan masukan dan                  input and recommendations on the remuneration of
rekomendasi       terhadap    remunerasi      pengurus       company management.
perusahaan.

Untuk menilai kinerja Komite, Dewan Komisaris memiliki       To assess the performance of the Committee, the Board
metode yang dilakukan secara rutin. Kriteria yang            of Commissioners has a method that is carried out
digunakan dalam penilaian yakni seberapa jauh kinerja        regularly. The criteria used in the assessment are how
yang dijalankan telah sesuai dengan harapan atau             far the performance is in line with expectations or vice
sebaliknya. Dalam melakukan penilaian, penilai               versa. In carrying out an assessment, the appraiser
memberikan justifikasi atas penilaian yang diberikan.        provides justification for the assessment given. In this
Dengan demikian, akuntabilitas dari tiap penilaian dapat     way, the accountability of each assessment can be justified.
dipertanggungjawabkan. Berdasarkan metode penilaian          Based on this assessment method, the Board of
tersebut, Dewan Komisaris berpandangan bahwa                 Commissioners is of the view that all committees have
seluruh komite telah menjalankan tugas dan                   carried out their duties and responsibilities in supervising
tanggungjawabnya mengawasi aspek-aspek operasional           the operational and strategic aspects of the Company
dan strategis Perseroan dengan baik selama tahun 2023.       well during 2023.



PERUBAHAN KOMPOSISI DEWAN KOMISARIS
CHANGES IN THE COMPOSITION OF THE BOARD OF COMMISSIONERS
Tidak terdapat perubahan komposisi Dewan Komisaris           There will be no changes to the composition of the Board
pada tahun 2023. Dari total 9 anggota Dewan Komisaris,       of Commissioners in 2023. Of the total 9 members of the
empat di antaranya merupakan Komisaris Independen            Board of Commissioners, four of them are Independent
yang mewakili 44% dari total anggota Dewan Komisaris.        Commissioners representing 44% of the total members
                                                             of the Board of Commissioners.




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PENUTUP
CLOSING
Secara keseluruhan, Dewan Komisaris menilai bahwa          Overall, the Board of Commissioners assesses that the
Direksi telah menunjukkan kinerja yang baik dalam          Board of Directors has demonstrated good performance
mengelola perusahaan di tahun 2023. Tantangan dan          in managing the company in 2023. Existing challenges
permasalahan yang ada telah ditangani secara optimal.      and problems have been handled optimally. We express
Kami menyampaikan rasa terima kasih mendalam atas          our deep gratitude for the commitment and dedication
komitmen dan dedikasi Direksi, manajemen, beserta          of the Board of Directors, management and all employees
seluruh karyawan dalam meningkatkan kinerja                in improving the Company's performance so that it can
Perseroan sehingga dapat menjadi pondasi kokoh bagi        become a solid foundation for future achievements. We
pencapaian di masa mendatang. Kami optimistis, strategi    are optimistic that the strategy and strong commitment
dan komitmen yang kuat dari seluruh Insan Perseroan        from all Company Personnel will enable PT KAI to
akan memampukan PT KAI untuk terus tumbuh dan              continue to grow and make positive contributions to the
memberikan kontribusi positif bagi negara dan masyarakat   country and wider society.
luas.




                                   Bandung, September 2024 / September 2024
                                         Atas Nama Dewan Komisaris, /
                                    On behalf of the Board of Commissioners,




                                               SAID AQIL SIROJ
                                     Komisaris Utama/Komisaris Independen
                               President Commissioner/Independent Commissioner




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                                     Halaman sengaja dibiarkan kosong
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                                                   Komisaris Utama/Komisaris Independen / Chief Commissioner/
     1   Said Aqil Siroj
                                                   Independent Commissioner

     2   Rochadi                                   Komisaris Independen / Independent Commissioner

     3   Riza Primadi                              Komisaris Independen / Independent Commissioner

     4   Endang Tirtana                            Komisaris Independen / Independent Commissioner

     5   Mohamad Risal Wasal                       Komisaris / Commissioner




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   6    Sri Paduka Mangkoenagoro X              Komisaris / Commissioner

   7    Diah Natalisa                           Komisaris / Commissioner

   8    Chairul Anwar                           Komisaris / Commissioner

   9    Johan Sirait                            Komisaris / Commissioner




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      Profil Perusahaan
      Company Profile




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                                                 PROFIL
                                                                          03
                                            PERUSAHAAN
                                                                     COMPANY PROFILE




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                    Company Profile




IDENTITAS PERSEROAN [GRI 2-1]
Corporate Identity


      Nama Perusahaan                                     Bidang Usaha
      Company’s Name                                      Line of Business
                                                                      Bidang Transportasi
                                                                     Transportation Sector


       PT Kereta Api Indonesia(Persero)                   Wilayah Operasional
                                                          Operational Area
                                                                          Indonesia
      Nama Panggilan
      Nickname
                                                          Dasar Hukum Pendirian
                       KAI                                Legal Basis of Establishment

                                                          Maklumat Kementerian Perhubungan
                                                          No. 1/KA Tahun 1946
      Status                                              Decree of the Ministry of Transportation
      Status                                              No. 1/KA of 1946
      Badan Usaha Milik Negara (Persero)
      State-Owned Enterprise (Persero)
                                                          Kepemilikan Saham
                                                          Share Ownership
      Tanggal Pendirian
      Date of Establishment
                                                          100 % Milik pemerintah Republik
                                                                      Indonesia
              28 September 1945                                       owned by the Government of
             September 28 th, 1945                                    The Republic of Indonesia



      Jumlah Pegawai                                      Sekretaris Perusahaan
      Total Employees                                     Corporate Secretary

                                                              Raden Agus Dwinanto Budiadji
      29.890           Orang per 31 Desember 2023*
                       Orang per 31 Desember 2023*                   Executive Vice President
                                                                       Corporate Secretary

      Alamat Kantor Pusat
      Head Office Address                                 Alamat Kontak
      [OJK C.2]                                           Contact Address [GRI 2-3]

      Jl. Perintis Kemerdekaan No. 1                      Telp: (022) 4230031, 4230039, 4230054
      Bandung 40117 PO Box 1163                           Fax: (022) 4203342 ext. 10039
      Bandung 40000                                       E-mail : dokumen@kai.id


         Kereta Api Kita | KAI121        @Kereta Apikita | @kai121        @kai121_         Kereta Api Kita


                                                     www.kai.id




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NAMA DAN ALAMAT KANTOR CABANG
ATAU KANTOR PERWA KILAN [OJK C.2] [GRI 2-2]
Name and Address of Branch Office or Representative Office


   Daerah Operasi 1 Jakarta                                          Daerah Operasi 9 Jember
   Stasiun Cikini, Jl Pegangsaan Timur No. 6 , Kec Menteng           Jl. Dahlia No. 2 Kecamatan Patrang, Jember 68118
   Jakarta Pusat.                                                    Telp                          :   (022) 4230031
   Telp                         :    (022) 4230031                   Email untuk Surat Dinas       :   dokumen.do9@kai.id
   Email untuk Surat Dinas      :    dokumen.do1@kai.id              Web                           :   www.kai.id
   Web                          :    www.kai.id

   Daerah Operasi 2 Bandung                                          Divisi Regional 1 Sumatera Utara
   Jl. Stasiun Selatan No. 25, Bandung 40181                         Jl. Prof.HM.Yamin, SH No. 14 Medan, 20231
   Telp                          : (022) 4230031                     Telp                          :   (022) 4230031
   Email untuk Surat Dinas       : dokumen.do2@kai.id                Email untuk Surat Dinas       :   dokumen.dv1@kai.id
   Web                           : www.kai.id                        Web                           :   www.kai.id

   Daerah Operasi 3 Cirebon                                          Sub Divisi Regional 1.1 Aceh
   Jl. Siliwangi No. 82 Kecamatan Kejaksan Cirebon Jawa Barat        Jl. Iskandar Muda No. 2 Sukaramai Kec Baiturrahman Kota
   45124                                                             Banda Aceh
   Telp                          : (022) 4230031                     Telp                         : (022) 4230031
   Email untuk Surat Dinas       : dokumen.do3@kai.id                Email untuk Surat Dinas      : sekretaris.sdv11@kai.id
   Web                           : www.kai.id                        Web                          : www.kai.id

   Daerah Operasi 4 Semarang                                         Divisi Regional 2 Sumatera Barat
   Jl. M.H Thamrin No. 3 Semarang, 50132                             Jl. Stasiun No. 1, Kec. Padang Timur, Kel. Sawahan Timur,
   Telp                         :    (022) 4230031                   Padang, 25121
   Email untuk Surat Dinas      :    dokumen.do4@kai.id              Telp                          :   (022) 4230031
   Web                          :    www.kai.id                      Email untuk Surat Dinas       :   dokumen.dv2@kai.id
                                                                     Web                           :   www.kai.id

   Daerah Operasi 5 Purwokerto                                       Divisi Regional 3 Palembang
   Jl. Jenderal Soedirman No. 209, Brubahan Purwanegara              Jl. Jend Achmad Yani 13 Ulu No. 541, Palembang 30258
   Kecamatan Purwokerto Timur, Kabupaten Banyumas, 53141
                                                                     Telp                          :   (022) 4230031
   Telp                         :    (022) 4230031                   Email untuk Surat Dinas       :   dokumen.dv3@kai.id
   Email untuk Surat Dinas      :    dokumen.do5@kai.id              Web                           :   www.kai.id
   Web                          :    www.kai.id

   Daerah Operasi 6 Yogyakarta                                       Divisi Regional 4 Tanjungkarang
   Jl. Lempuyangan No. 1 Danurejan            Tegalpanggung          Jl. Teuku umar No. 23 Bandar Lampung 35111
   Yogyakarta 55213                                                  Telp                          :   (022) 4230031
   Telp                         :    (022) 4230031                   Email untuk Surat Dinas       :   dokumen.divre4@kai.id
   Email untuk Surat Dinas      :    humasda6@kai.id                 Web                           :   www.kai.id
   Web                          :    www.kai.id

   Daerah Operasi 7 Madiun                                           Balai Yasa Manggarai
   Jl. Kompol Sunaryo No. 14, Kel. Madiun Lor Kec. Manguharjo        Jl. Bukit Duri Utara No. 1 Jakarta Selatan 12850
   Madiun, 63122
                                                                     Telp                          :   (022) 4230031
   Telp                         :    (022) 4230031                   Email untuk Surat Dinas       :   dokumen.bymri@kai.id
   Email untuk Surat Dinas      :    dokumen.do7@kai.id              Web                           :   www.kai.id
   Web                          :    www.kai.id

   Daerah Operasi 8 Surabaya                                         Balai Yasa Tegal Jl. Semeru
   Jl. Gubeng Masjid No. 1, Surabaya 60131                           No. 5, slerok, Tegal Timur, Tegal 52125
   Telp                         :    (022) 4230031                   Telp                          :   0283 353056
   Email untuk Surat Dinas      :    dokumen.do8@kai.id              Email untuk Surat Dinas       :   dokumen.bytg@kai.id
   Web                          :    www.kai.id                      Web                           :   www.kai.id




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     Balai Yasa Yogyakarta                                     Balai Yasa Pulubrayan
     Jl. Kusbini No. 1 Yogyakarta                              Jl. Bengkel Pulubrayan, Medan 20239
     Telp                           :   (022) 4230031          Telp                        :   (022) 4230031
     Email untuk Surat Dinas        :   dokumen.byyk@kai.id    Email untuk Surat Dinas     :   dokumen.bypub@kai.id
     Web                            :   www.kai.id             Web                         :   www.kai.id

     Balai Yasa Surabaya Gubeng                                Balai Yasa Jembatan
     Jl. Tapak Siring No. 5 Surabaya, 60131                    Jl. Kiaracondong No. 92, Bandung 40272
     Telp                         : (022) 4230031              Telp                        :   (022) 4230031
     Email untuk Surat Dinas      : dokumen.bysgu@kai.id       Email untuk Surat Dinas     :   dokumen@kai.id
     Web                          : www.kai.id                 Web                         :   www.kai.id

     Balai Yasa Lahat                                          Balai Yasa Mekanik
     Jl. Inspektur Yazid No. 1 Lahat, 31417                    Jl. Kosambi No. 2, Cirebon Prujakan
     Telp                           :   (022) 4230031          Telp                        :   (022) 4230031
     Email untuk Surat Dinas        :   dokumen.bylt@kai.id    Email untuk Surat Dinas     :   dokumen@kai.id
     Web                            :   www.kai.id             Web                         :   www.kai.id




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                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




BRAND PERUSAHAAN
Corporate Brand




BENTUK                                                         DESIGN
Terinspirasi dari bentuk REL KERETA yang digambarkan           Inspired by the shape of RAIL which is depicted with a line
dengan garis menyambung ke atas pada huruf A, KAI              connecting upwards in the letter A, KAI is expected to
diharapkan terus maju dan menjadi solusi ekosistem             continue to advance and become a transportation
transportasi terbaik yang terintegrasi, terpercaya,            ecosystem solution that is integrated, reliable, synergistic,
bersinergi, dan kelak dapat menghubungkan Indonesia            and can one day connect Indonesia from Sabang to
dari Sabang sampai Merauke.                                    Merauke.

Dengan menggunakan typeface italic yang dinamis dan di         By using a dynamic italic typeface and modified in the
modifikasi pada huruf A menggambarkan karakter KAI             letter A which describes the character of KAI, namely
yaitu progresif, berpikiran terbuka, dan terpercaya. Grafik    progressive, open-minded, and trusted. The graphic is firm
yang tegas namun ramah dengan perbedaan warna pada             but with different colors in the letters is expected to reflect
huruf diharapkan dapat mencerminkan hubungan yang              a harmonious and competent relationship between KAI
harmonis dan kompeten antara KAI dan seluruh                   and all stakeholders.
pemangku kepentingan.


WARNA                                                          COLOR
Perpaduan antara warna biru tua yang menunjang                 The combination of dark blue that supports stability,
stabilitas, profesionalisme, amanah dan kepercayaan diri,      professionalism, trustworthy and confidence, coupled
yang ditambah dengan aksen warna oranye, yang                  with orange accents, which shows enthusiasm, creativity,
menunjukkan antusiasme, kreativitas, tekad, kesuksesan         determination, success and happiness.
dan kebahagiaan.




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RIWAYAT SINGKAT PERUSAHAAN
Brief History of the Company


Sejarah perkeretaapian di Nusantara telah dimulai sejak       The history of railways in the archipelago began in 1854
tahun 1854 ketika Namlooze Venootschap Nederlanche            when Namlooze Venootschap Nederlanche Indische
Indische Spoorweg Maatschappij membangun jalan                Spoorweg Maatschappij built the first railroad from
kereta api pertama dari Semarang ke Surakarta, Jawa           Semarang to Surakarta, Central Java. After that, 3 (three)
Tengah. Setelah itu, 3 (tiga) perusahaan Belanda yang lain    other Dutch companies, namely Staat Spoorwegen,
yaitu Staat Spoorwegen, Verenigde Spoorwegenbedrifj,          Verenigde Spoorwegenbedrifj, and Deli Spoorwegen
dan Deli Spoorwegen Maatscappij ikut membangun jalur-         Maatscappij, took part in building railroad lines located
jalur kereta api yang berlokasi baik di Jawa maupun luar      both in Java and outside Java.
Jawa.

PT Kereta Api Indonesia (Persero) didirikan pada tanggal 28   PT Kereta Api Indonesia (Persero) was established on
September 1945 sebagai Djawatan Kereta Api Repoeblik          September 28th, 1945 as the Railway Department of the
Indonesia (DKARI) setelah para pejuang kemerdekaan            Republic of Indonesia (DKARI) after the freedom fighters
bergerak cepat melakukan pengambilalihan kantor pusat         moved quickly to take over the railway headquarters in
kereta api di Bandung dari penguasaan Jepang. Pada awal       Bandung from Japanese occupation. In early 1946,
tahun    1946,   dikeluarkan    Maklumat      Kementerian     Declaration of the Ministry of Transportation of the
Perhubungan Republik Indonesia (RI) No. 1/KA yang secara      Republic of Indonesia (RI) No. 1/KA was issued which
resmi mengesahkan DKARI dengan Ir. Djuanda dan Mr.            officially passed DKARI with Ir. Juanda and Mr.
Soewahjo Soemodilogo diangkat sebagai Kepala dan Wakil        SoewahjoSoemodilogo was appointed as Head and
Kepala DKARI pada struktur organisasinya.                     Deputy Head of DKARI in its organizational structure.

Setelah resmi beroperasi, DKARI mengalami perubahan           After officially operating, DKARI underwent changes
seiring pengambilalihan aset-aset pemerintah Hindia           following the takeover of Dutch East Indies government
Belanda melalui perjanjian Konferensi Meja Bundar (KMB)       assets through the Dutch – Indonesian Round Table
menjadi Djawatan Kereta Api (DKA) per tahun 1950. DKA         Conference (KMB) agreement to become the Railways
kembali berganti menjadi Perusahaan Negara Kereta Api         Department (DKA) in 1950. Then, DKA changed to the
(PNKA) pada 25 Mei 1963 menjadi Perusahaan Nasional           State Railway Company (PNKA) on May 25th, 1963 based on
Kereta Api (PNKA) berdasarkan Peraturan Pemerintah RI         Regulation of the Government of the Republic of
No. 22 Tahun 1963. Dengan perubahan tersebut, PNKA            Indonesia No. 22 of 1963. With these changes, PNKA
memperkenalkan logo Wahana Daya Pertiwi yang                  introduced the WahanaDaya Pertiwi logo which expresses
mengekspresikan transformasi perkeretaapian Indonesia         the transformation of Indonesian railways as a reliable
sebagai sarana transportasi yang andal bagi kesejahteraan     means of transportation for the welfare of the homeland.
tanah air. PNKA kemudian berubah menjadi Perusahaan           PNKA then changed to the Railway Department Company
Jawatan Kereta Api (PJKA) pada tahun 1971 berdasarkan         (PJKA) in 1971 based on Regulation of the Government of
Peraturan Pemerintah RI No. 61 Tahun 1971                     the Republic of Indonesia No. 61 of 1971.


Sebagai upaya peningkatan layanan jasa angkutan, PJKA         As an effort to improve transportation services, PJKA was
diubah menjadi Perusahaan Umum Kereta Api (Perumka)           changed to the Railway Public Corporation (Perumka) in
pada tahun 1999, untuk kemudian diubah kembali menjadi        1999, which was then changed to a Limited Liability
Perseroan Terbatas dengan nama PT Kereta Api Indonesia        Company under the name PT Kereta Api Indonesia
(Persero) pada tahun 1998 berdasarkan Peraturan               (Persero) in 1998 based on Regulation of the Government
Pemerintah RI No. 19 Tahun 1998.                              of the Republic of Indonesia No. 19 of 1998.

Hingga kini, KAI mengalami beberapa kali perubahan            As of today, KAI’s Articles of Association has undergone
Anggaran Dasar, dengan perubahan terakhir dilakukan           several amendments with the last amendment made
berdasarkan Keputusan Menteri Negara Badan Usaha Milik        based on the Decree of the StateMinister for State-Owned
Negara (BUMN) selaku Rapat Umum Pemegang Saham                Enterprises (SOE) as the Company’s General Meeting of
Perseroan yang dicatat dalam Akta No. 278 tanggal 31          Shareholders which is recorded in Deed No. 278 dated
Desember 2021. Akta perubahan tersebut telah mendapat         December 31st, 2021. The deed of amendment was
persetujuan dari Menteri Hukum dan Hak Asasi Manusia          approved by the Minister of Law and Human Rights in
dengan Surat Keputusan No. AHU-01.03-0494898 tanggal          Decree No. AHU-01.03-0494898 on December 31st, 2021.
31 Desember 2021.




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                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




INFORMASI PERUBAHAN NAMA                                          INFORMATION ON NAME CHANGE
Sejak awal didirikan, KAI telah mengalami beberapa kali           Since its establishment, KAI has undergone several name
perubahan nama dengan perincian sebagai berikut:                  changes as follows:



      Tahun         Nama Perusahaan                               Dasar Hukum                                  Tanggal Berlaku
       Year          Company Name                                   Legal Basis                                 Effective Date


                    D jawatan Kereta      Maklumat Kementerian Perhubungan No. 1/KA Tahun 1946
    1945-1950       Api Republik          Declaration of the Ministry of Transportation of the Republic    -
                    Indonesia (DKARI)     of Indonesia (RI) No. 1/KA of 1946

                                          Keputusan Menteri Perhubungan Tenaga dan Pekerjaan Umum
                    D jawatan Kereta      RI No. 2 Tahun 1950
    1950-1963                                                                                              -
                    Api (DKA)             Decree of the Minister of Transportation and Public Works of
                                          the Republic of Indonesia No. 2 of 1950


                    Perusahaan            Peraturan Pemerintah RI No. 22 Tahun 1963
                                                                                                           25 Mei 1963
     1963-1971      Nasional Kereta       Regulation of the Government of the Republic of Indonesia
                                                                                                           May 25 th, 1963
                    Api (PNKA)            No. 22 of 1963


                    Perusahaan            Peraturan Pemerintah RI No. 61 Tahun 1971                        15 September 1971
     1971-1991      Jawatan Kereta        Regulation of the Government of the Republic of Indonesia        September 15 th,
                    Api (PJKA)            No. 61 of 1971                                                   1971


                    Perusahaan            Peraturan Pemerintah RI No. 57 Tahun 1990
                                                                                                           30 Oktober 1990
     1991-1998      Umum Kereta Api       Regulation of the Government of the Republic of Indonesia
                                                                                                           October 30 th, 1990
                    (PERUMKA)             No. 57 of 1990


                    PT Kereta Api         Peraturan Pemerintah RI No. 19 Tahun 1998
                                                                                                           3 Februari 1998
   1998-saat ini    Indonesia             Regulation of the Government of the Republic of Indonesia
                                                                                                           February 3 rd, 1998
                    (Persero)             No. 19 of 1998




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VISI, MISI, DAN BUDAYA PERUSAHAAN
Vision, Mission, and Corporate Culture



VISI Vision
Menjadi solusi ekosistem transportasi terbaik              To be the best transportation ecosystem solution
untuk Indonesia.                                           for Indonesia.


MISI Mission
1.   Untuk menyediakan sistem                                  1.   To provide a safe, efficient, digital-
     transportasi yang aman, efisien,                               based, fast-growing transportation
     berbasis digital, dan berkembang pesat                         system to meet customer needs.
     untuk memenuhi kebutuhan
     Pelanggan.

2.   Untuk mengembangkan solusi                                2.   To develop integrated mass
     transportasi massal yang terintegrasi                          transportation solutions through
     melalui investasi dalam sumber daya                            investments in human resources,
     manusia, infrastruktur, dan teknologi.                         infrastructure and technology.

3.   Untuk memajukan pembangunan                               3.   To advance national development
     nasional melalui kemitraan dengan                              through partnerships with
     para pemangku kepentingan, termasuk                            stakeholders, including initiating and
     memprakarsai dan melaksanakan                                  implementing the development of
     pengembangan infrastruktur-                                    important infrastructure related to
     infrastruktur penting terkait                                  transportation.
     transportasi.

Review Visi dan Misi              oleh      Dewan          Review of Vision and Mission by the Board of
Komisaris dan Direksi                                      Commissioners and Directors
KAI secara berkala melakukan review terhadap visi dan      Periodically, KAI conducts reviews of the company's vision
misi Perseroan, sebagai upaya memastikan kesesuaian visi   and mission as an effort to ensure their alignment with
dan misi dengan perkembangan industri dan bisnis yang      the developments in the industry and business
dijalankan. Dewan Komisaris dan Direksi KAI telah          operations. The Board of Commissioners and Directors of
membahas dan menyetujui visi dan misi melalui Rapat        KAI discussed and approved the vision and mission
Koordinasi Dewan Komisaris dan Direksi pada tahun 2019.    through the Board of Commissioners and Directors
Untuk tahun 2023, Dewan Komisaris dan Direksi telah        Coordination Meeting in 2019. For the year 2023, the Board
melakukan peninjauan kembali dan berpendapat bahwa         of Commissioners and Directors conducted a review and
visi dan misi KAI masih relevan dengan perkembangan        concluded that KAI's vision and mission remain relevant to
industri dan bisnis yang dijalankan.                       the developments in the industry and business
                                                           operations.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




BUDAYA PERSEROAN                                              CORPORATE CULTURE
Sebagai Badan Usaha Milik Negara (BUMN), KAI                  As a State-Owned Enterprise (SOE), KAI implements
menerapkan budaya Perseroan berupa core values                “AKHLAK” core values as its corporate culture in
“AKHLAK” sesuai Keputusan Menteri BUMN No. SE-7/MBU/          accordance with the Decree of the Minister of SOENo. SE-
07/2020. Core values “AKHLAK” dijelaskan sebagai berikut:     7/MBU/07/2020. The core values of “AKHLAK” are
                                                              explained as follows:




Amanah                                                        Trustworthy
Memegang Teguh Kepercayaan yang Diberikan                     Upholding the Trust Given
  1. Memenuhi janji dan komitmen.                              1.  Keeping promises and commitments.
  2. Bertanggung jawab atas tugas, keputusan dan               2. Responsible for duties, decisions and actions
     tindakan yang dilakukan.                                      undertaken.
  3. Berpegang teguh pada nilai, moral, dan etik.              3. Upholding moral and ethical values.


Kompeten                                                      Competent
Terus Belajar dan Mengembangkan Kapabilitas                   Keep Learning and Developing Capabilities
   1. Meningkatkan kompetensi diri untuk menjawab               1. Improve self competency to respond to changing
      tantangan yang selalu berubah.                               challenges.
   2. Membantu orang lain belajar.                              2. Helping others to learn.
   3. Menyelesaikan tugas dengan kualitas terbaik.              3. Complete tasks with the best quality.


Harmonis                                                      Harmonious
Saling Peduli dan Menghargai Perbedaan                        Caring for Each Other and Respecting Differences
  1. Menghargai setiap orang apa pun latar belakangnya.         1.  Appreciate everyone regardless of background.
  2. Suka menolong orang lain.                                  2. Fond of helping others.
  3. Membangun lingkungan kerja yang kondusif.                  3. Building a conducive work


Loyal                                                         Loyal
Berdedikasi dan Mengutamakan Kepentingan Bangsa               Dedicating and Prioritizing the Interests of the Nation
dan Negara                                                    and the Country
  1. Menjaga nama baik sesama pegawai, pimpinan,                1.  Maintaining the good name of fellow employees,
     BUMN, dan Negara.                                              leaders, SOE and the state.
  2. Rela berkorban untuk mencapai tujuan yang lebih            2. Willing to sacrifice to achieve greater goals.
     besar.                                                     3. Obeying the leader, as long as not in conflict with
  3. Patuh kepada pimpinan sepanjang tidak                          the law and ethics.
     bertentangan dengan hukum dan etika.

Adaptif                                                       Adaptive
Terus Berinovasi dan Antusias dalam Menggerakan               Keep innovating and Being Enthusiastic in Driving or
ataupun Menghadapi Perubahan                                  Facing Changes
   1. Cepat menyesuaikan diri untuk menjadi lebih baik.         1.   Able to adapt quickly to be better.
   2. Terus menerus melakukan perbaikan mengikuti               2. Perform continuous improvements by following
      perkembangan teknologi.                                       technology developments.
   3. Bertindak proaktif                                        3. Proactive.



Kolaboratif                                                   Collaborative
Membangun Kerja Sama yang Sinergis                            Building Synergistic Teamwork
 1. Memberi kesempatan kepada berbagai pihak untuk               1. Provide opportunities for various parties to
    berkontribusi.                                                   contribute.
 2. Terbuka dalam bekerja sama untuk menghasilkan                2. Open for collaboration to generate added value.
    nilai tambah.                                                3. Mobilize the utilization of various resources for
 3. Menggerakkan pemanfaatan berbagai sumber daya                    common goals.
    untuk tujuan bersama.




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KEGIATAN USAHA
BUSINESS ACTIVITIES




KEGIATAN USAHA MENURUT ANGGARAN                            BUSINESS ACTIVITIES ACCORDING TO THE
DASAR DAN YANG DIJALANKAN                                  ARTICLES OF ASSOCIATION AND PERFORMED
Hingga 31 Desember 2023, KAI telah mengalami beberapa      Until December 31 st, 2023, KAI has undergone several
kali perubahan Anggaran Dasar, dengan perubahan            amendments to its Articles of Association, with the latest
terakhir berdasarkan Pernyataan Keputusan Menteri          amendment based on the Decree of the Minister of State-
Negara Badan Usaha Milik Negara selaku Rapat Umum          Owned Enterprises as the General Meeting of Shareholders
Pemegang Saham Perseroan PT Kereta Api Indonesia           of the Indonesian State-Owned Company PT Kereta Api
(Persero) yang dinyatakan dalam Akta Nomor 122             Indonesia (Persero) stated in Deed Number 122 dated
tanggal 11 Januari 2023, yang laporan pemberitahuannya     January 11 th, 2023, whose notification report has been
telah diterima dan tercatat dalam basis data Sistem        received and recorded in the database of the Legal Entity
Administrasi Badan Hukum Kementerian Hukum dan Hak         Administration System of the Ministry of Law and Human
Asasi Manusia sebagaimana dinyatakan dalam Surat           Rights as stated in Letter Number AHU-AH.01.03-0008225
Nomor AHU-AH.01.03-0008225 tanggal 17 Januari 2023.        dated January 17 th, 2023.

Mengacu pada Pasal 3 Anggaran Dasar Perseroan, maksud      Referring to Article 3 of the Company's Articles of
dan tujuan serta kegiatan usaha KAI telah disesuaikan      Association, the purpose, objectives, and business
dengan Klasifikasi Baku Lapangan Usaha Indonesia (KBLI)    activities of KAI have been adjusted with the latest
terbaru dengan perincian sebagai berikut:                  Indonesian Standard Industrial Classification (KBLI) as
                                                           follows:
 1.   Untuk mencapai maksud dan tujuan, Perseroan              1. To achieve the purpose and objectives, the
      dapat melaksanakan kegiatan usaha yaitu:                     Company may carry out business activities, namely
      a. Melakukan      penyelenggaraan    prasarana               a. Conducting railway infrastructure services
         perkeretaapian yang meliputi pembangunan,                    including       construction,       operation,
         pengoperasian, perawatan, dan pengusahaan                    maintenance, and management of railway
         prasarana perkeretaapian yang mencakup pada                  infrastructure covering activities:
         kegiatan:
         1. Konstruksi Gedung lainnya:                                1. Other Building Construction;
         2. Konstruksi jalan rel;                                     2. Railway construction;
         3. Konstruksi Bangunan Sipil Jembatan, Jalan                 3. Civil Engineering Construction of Bridges,
            Layang, Fly Over, dan Underpass;                             Overpasses, Flyovers, and Underpasses;
         4. Konstruksi Terowongan;                                    4. Tunnel Construction.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




           5. Konstruksi Bangunan Sipil Telekomunikasi                 5. Civil Construction for Transportation
              Untuk Prasarana Transportasi;                               Infrastructure;
           6. Instalasi Listrik;                                       6. Electrical Installation;
           7. Instalasi Sinyal dan Telekomunikasi Kereta               7. Railway Signal and Telecommunication
              Api;                                                        Installation;
           8. Aktivitas Stasiun Kereta Api.                            8. Railway Station Activities.
      b.   Melakukan         Penyelenggaraan      sarana            b. Operation of railway Rolling Stock including
           perkeretaapian yang meliputi pengadaan,                     procurement, operation, maintenance, and
           pengoperasian, perawatan, dan pengusahaan                   management of railway Rolling Stock covering
           sarana perkeretaapian yang mencakup pada                    business activities:
           kegiatan usaha:
           1. Reparasi lokomotif dan gerbong kereta;                   1. Locomotive and train carriage repairs;
           2. Angkutan jalan rel untuk penumpang;                      2. Railway transport for passengers;
           3. Angkutan jalan rel untuk barang;                         3. Railway transport for freight;
           4. Angkutan jalan rel perkotaan;                            4. Urban railway transport;
           5. Angkutan jalan rel wisata.                               5. Tourist railway transport.
      c.   Perdagangan besar alat transportasi darat                c. Wholesale trade of land transportation equipment
           (bukan mobil, sepeda motor, dan sejenisnya),                (excluding cars, motorcycles, and similar), spare
           suku cadang dan perlengkapannya.                            parts, and accessories.
      d.   Perdagangan besar barang bekas dan sisa-sisa             d. Wholesale trade of used freight and scrap.
           tak terpakai (scrap).
      e.   Aktivitas konsultasi transportasi.                       e. Transportation consulting activities.
      f.   Aktivitas konsultan manajemen lainnya.                   f. Other management consulting activities.
      g.   Kegiatan penunjang pendidikan.                           g. Educational support activities.
      h.   Penanganan kargo (bongkar muat barang).                  h. Cargo handling (loading and unloading of
                                                                       freight).
      i.   Aktivitas Ekspedisi Muatan Kereta Api dan                i. Railway     Cargo   Expedition     and Land
           Ekspedisi Angkutan Darat (EMKA & EAD).                      Transportation Expedition (EMKA & EAD)
                                                                       activities.
      j. Angkutan multimoda.                                        j. Multimodal transport.
      k. Aktivitas agen perjalanan lainnya.                         k. Other travel agency activities.
      l. Pendidikan lainnya swasta.                                 l. Private other education.
      m. Pendidikan kesehatan swasta.                               m. Private health education.
      n. Pendidikan     dan    pelatihan    di   bidang             n. Railway education and training.
         perkeretaapian.
      o. Aktivitas penunjang pertambangan dan                       o. Support activities for other mining and
         penggalian lainnya.                                           quarrying activities.
      p. Usaha jasa pertambangan.                                   p. Mining services.
      q. Real estate yang dimiliki sendiri atau disewa.             q. Real estate owned or leased.
      r. Kerjasama peningkatan akses stasiun kereta                 r. Collaboration for improving access to railway
         api yang bersinggungan dengan lahan milik                     stations adjacent to other parties' land to be
         pihak lain untuk dikembangkan dengan konsep                   developed with a connected concept in order
         terhubung dalam rangka meningkatkan nilai                     to increase added value for the Company and
         tambah bagi Perusahaan dan mendukung                          support passenger service improvements.
         peningkatan pelayanan penumpang.

  2. Selain kegiatan usaha utama sebagaimana                   2. In addition to the main business activities as
     dimaksud pada point 1, Perseroan dapat melakukan             referred to in point 1, the Company may carry out
     kegiatan usaha dalam rangka optimalisasi                     business activities for the optimization of the
     pemanfaatan sumber daya yang dimiliki untuk:                 resources it possesses, including:
      a. Pergudangan dan penyimpanan.                              a. Warehousing and storage.
      b. Aktivitas cold storage.                                   b. Cold storage activities.
      c. Aktivitas bounded warehousing atau wilayah                c. Bounded warehousing or bonded area activities.
         kawasan berikat.
      d. Pergudangan dan penyimpanan lainnya.                       d. Other warehousing and storage activities.
      e. Aktivitas pelayanan kepelabuhan laut.                      e. Sea port services activities.
      f. Aktivitas pelayanan kepelabuhan sungai dan                 f. River and lake port services activities.
         danau.
      g. Angkutan melalui saluran pipa.                             g. Transport through pipeline channels.
      h. Konstruksi sentral telekomunikasi.                         h. Telecommunication central construction.
      i. Konstruksi jaringan irigasi, komunikasi dan                i. Construction    of    irrigation   networks,
         limbah lainnya.                                               communication, and other waste networks.




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     j.  Aktivitas telekomunikasi Khsusus keperluan             j. Telecommunication activities specifically for
         sendiri.                                                  internal uses
     k. Aktivitas pengolahan data.                              k. Data processing activities.
     l. Portal web dan/atau platform digital dengan             l. Web portals and/or digital platforms for
         tujuan komersial.                                         commercial purposes.
     m. Konstruksi Gedung Hunian.                               m. Residential building construction.
     n. Konstruksi Gedung Perkantoran.                          n. Office building construction.
     o. Konstruksi Gedung Perbelanjaan.                         o. Retail building construction.
     p. Konstruksi Gedung Penginapan.                           p. Accommodation building construction.
     q. lnstalasi Mekanikal.                                    q. Mechanical installations.
     r. Instalasi konstruksi lainnya yang tidak                 r. Other construction installations not classified
         diklasifikasikan di tempat lain.                          elsewhere.
     s. Periklanan.                                             s. Advertising.
     t. Aktivitas klinik swasta.                                t. Private clinic activities.
     u. Aktivitas pelayanan kesehatan yang dilakukan            u. Health services provided by healthcare
         oleh tenaga kesehatan selain dokter dan dokter            professionals other than doctors and dentists.
         gigi.
     v. Perdagangan eceran barang dan obat farmasi              v.  Retail trade of freight and pharmaceuticals for
         untuk manusia di apotek.                                   humans in pharmacies.
     w. Aktivitas pelayanan penunjang kesehatan.                w. Health support service activities.
     x. Konstruksi gedung kesehatan.                            x. Health facility construction.
     y. Penyiapan lahan.                                        y. Land preparation.
     z. Museum yang dikelola swasta.                            z. Privately managed museums.
     aa. Aktivitas biro perjalanan wisata.                      aa. Tourist travel agency activities.
     ab. Melakukan kegiatan penyertaan modal pada               ab. Equity participation activities in other
         perusahaan         lain     dalam      rangka              companies to develop the Company's business
         mengembangkan proses bisnis Perseroan.                     processes.

Sesuai maksud dan tujuan Perseroan, kegiatan usaha        In line with the Company's objectives, KAI's business
KAI adalah beroperasi di bidang transportasi, serta       activities involve operating in the transportation sector,
optimalisasi pemanfaatan sumber daya yang dimiliki        as well as optimizing the use of the Company's resources
Perusahaan untuk menghasilkan barang dan/atau jasa        to produce high-quality freight and/or services with
yang bermutu tinggi dan berdaya saing kuat untuk          strong competitiveness to generate profits and increase
mendapatkan/mengejar keuntungan guna meningkatkan         the Company's value by applying the principles of a
nilai Perusahaan dengan menerapkan prinsip-prinsip        Limited Liability Company.
Perusahaan Terbatas.

PRODUK DAN JASA [OJK C.4] [GRI 2-6]                       PRODUCTS AND SERVICES [OJK C.4] [GRI 2-6]
Perseroan merupakan BUMN yang menyediakan,                The company is a state-owned enterprise (SOE) that
mengatur, dan mengurus jasa angkutan kereta api di        provides, regulates, and manages railway transportation
Indonesia. Seiring perkembangan dinamika dunia usaha      services in Indonesia. Along with the development of
dan    perkembangan       pasar,   Perseroan     juga     business dynamics and market trends, the company also
menyelenggarakan kegiatan usaha penunjang lain dengan     conducts other supporting business activities by utilizing
memanfaatkan sumber daya yang dimilikinya.                its resources.

Kegiatan usaha KAI dibagi ke dalam beberapa segmen        KAI's business activities are divided into several business
usaha yang menjadi sumber-sumber pendapatan bagi          segments that serve as sources of revenue for the
Perseroan. Segmen usaha tersebut adalah angkutan          company. These business segments include passenger
penumpang, angkutan barang, pendukung angkutan            transportation,     freight     transportation,     railway
kereta api, pendapatan non-angkutan dan subsidi           transportation support, non-transportation revenue, and
Pemerintah yang terdiri dari PSO, IMO, dan Perintis.      Government subsidies consisting of PSO, IMO, and Pioneer
                                                          subsidies.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Angkutan Penumpang Kereta                                    Passenger Transportation Train
Sebagai perusahaan yang mengelola perkeretaapian di          As a company managing railways in Indonesia, KAI
Indonesia, KAI banyak mengoperasikan KA penumpang,           operates many passenger trains, including Mainline Trains
baik KA Utama (Komersial dan Non-Komersial), maupun          (Commercial and Non-Commercial), as well as local trains
KA lokal di Jawa dan Sumatra.                                in Java and Sumatra.

Pengoperasian layanan KA penumpang, selain dilakukan         The operation of passenger train services is not only
oleh KAI sebagai induk perusahaan, juga dilaksanakan         carried out by KAI as the parent company but also by its
oleh anak perusahaan yakni PT Kereta Commuter                subsidiaries, namely PT Kereta Commuter Indonesia, PT
Indonesia, PT Railink, serta PT Kereta Api Pariwisata.       Railink, and PT Kereta Api Pariwisata.

PT Kereta Commuter Indonesia (KAI Commuter) atau yang        PT Kereta Commuter Indonesia (KAI Commuter),
lebih dikenal dengan KAI Commuter, merupakan anak            commonly known as KAI Commuter, is a subsidiary of
perusahaan KAI yang dipercaya untuk mengelola KRL            KAI entrusted with managing the KRL Commuter Line
Commuter Line Jakarta, Bogor, Depok, Tangerang, dan          in Jakarta, Bogor, Depok, Tangerang, and Bekasi
Bekasi (Jabodetabek). Sejak 1 Oktober 2020, KAI              (Jabodetabek). Since October 1 st, 2020, KAI has assigned
menugaskan KAI Commuter untuk mengoperasikan kereta          KAI Commuter to operate local trains in the Jakarta Area
api lokal di wilayah Daop 1 Jakarta.                         Operation District (Daop 1 Jakarta).

Seiring berlakunya Grafik Perjalanan Kereta Api (Gapeka)     With the implementation of the 2021 Train Schedule
Tahun 2021 per 1 Maret 2021, KAI Commuter                    (Gapeka) as of March 1 st, 2021, KAI Commuter operates
mengoperasikan KRL di luar wilayah Jabodetabek yaitu         commuter trains outside the Jabodetabek area, namely
KRL relasi Yogyakarta - Solo Balapan pp menggantikan         the Yogyakarta - Solo Balapan commuter train, replacing
KA Prambanan Ekspres yang saat ini hanya melayani            the Prambanan Express train, which currently only serves
Yogyakarta - Kutoarjo pp.                                    the Yogyakarta - Kutoarjo route.

Ekspansi KAI Commuter tidak berhenti di 2 wilayah            KAI Commuter's expansion doesn't stop at these two areas;
tersebut, pada April 2022, KA Lokal di Wilayah 2 Bandung     in April 2022, local trains in Region 2 Bandung and
dan Wilayah 8 Surabaya dengan izin operasi di November       Region 8 Surabaya, with operating permits granted in
semakin memperluas wilayah operasi KAI Commuter. Di          November, further expand KAI Commuter's operational
akhir tahun 2022 KAI Commuter diberikan tugas untuk          area. At the end of 2022, KAI Commuter was tasked with
mengoperasikan Kereta Bandara.                               operating Airport Trains.

Setelah Switch Over (SO) 5 Manggarai pada 2022, pola         Following the Switch Over (SO) at Manggarai 5 in 2022,
operasi di Wilayah Jabodetabek mengalami perubahan.          there have been operational changes in the Jabodetabek
Perjalanan pada lintas Bogor/Nambo/Depok hanya ke            area. For the Bogor/Nambo/Depok routes, the journey is
Jakarta Kota, sedangkan lintas Cikarang/Bekasi               now only to Jakarta Kota, while for the Cikarang/Bekasi
perjalanan terbagi atas full racket (Cikarang/Bekasi –       routes, the journey is divided into full racket (Cikarang/
Kampung Bandan via Manggarai untuk kembali ke                Bekasi - Kampung Bandan via Manggarai to return to
Cikarang/Bekasi via Pasar Senen dan Cikarang/Bekasi –        Cikarang/Bekasi via Pasar Senen and Cikarang/Bekasi -
Kampung Bandan via Pasar Senen untuk kembali ke              Kampung Bandan via Pasar Senen to return to Cikarang/
Cikarang/Bekasi via Manggarai). Untuk half racket            Bekasi via Manggarai). As for half racket routes (Cikarang/
(Cikarang/Bekasi – Kampung Bandan/Angke via                  Bekasi - Kampung Bandan/Angke via Manggarai to return
Manggarai untuk kembali ke Cikarang/Bekasi via               to Cikarang/Bekasi via Manggarai). Meanwhile, the Tanah
Manggarai. Sementara untuk lintas Tanah Abang-               Abang-Rangkasbitung and Duri-Tangerang routes remain
Rangkasbitung dan lintas Duri-Tangerang masih tetap          unchanged.
sama.

Sementara untuk kereta bandara selain Bandara                Regarding airport trains other than Soekarno-Hatta
Soekarno-Hatta, KAI mendelegasikan kepada PT Railink         Airport, KAI has delegated the task to PT Railink (KAI
(KAI Bandara), anak perusahaan KAI yang menghadirkan         Airport), a subsidiary of KAI that provides public
layanan transportasi publik berbasis railway berupa          transportation services based on railway infrastructure
Kereta Api Bandara.                                          in the form of Airport Trains.

Sejak didirikan pada 28 September 2006, KAI Bandara          Established on September 28th, 2006, KAI Airport operates
mengoperasikan KA Bandara Kualanamu sebagai KA               the Kualanamu Airport Train as Indonesia's first Airport
Bandara pertama di Indonesia pada 25 Juli 2013. KAI          Train on July 25 th, 2013. KAI Airport introduced 4 (four)
Bandara mendatangkan 4 (empat) rangkaian kereta              exclusive and modern train sets with international
eksklusif dan modern yang berstandar internasional           standards on the route from Medan Station to Kualanamu
dengan rute Stasiun Medan – Stasiun Kualanamu (PP).          Station (round trip).




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Pada 28 September 2022 KAI Bandara Kualanamu                    On September 28th, 2022, KAI Airport Kualanamu opened
membuka layanan baru di Stasiun Bandar Khalipah Medan,          a new service at Bandar Khalipah Medan Station, thus
sehingga rute perjalanan menjadi Stasiun Medan-                 expanding the travel route to Medan Station - Bandar
Stasiun Bandar Khalipah – Stasiun Kualanamu (PP).               Khalipah Station - Kualanamu Station (round trip). A year
Setahun kemudian, pada 1 September 2023 KA Bandara              later, on September 1 st, 2023, the Airport Train added
kembali menambah rute perjalanan dari Stasiun Medan             another route from Medan Station to Kualanamu Station
– Kualanamu (PP) dengan penambahan 2 (dua) stasiun              (round trip) with the addition of 2 (two) additional stops
pemberhentian yaitu Araskabu, dan Batangkuis, sehingga          at Araskabu and Batangkuis stations, making the current
rute saat ini menjadi Stasiun Medan- Stasiun Bandar             route from Medan Station to Bandar Khalipah Station -
Khalipah – Stasiun Batangkuis – Stasiun Araskabu –              Batangkuis Station - Araskabu Station - Kualanamu Station
Stasiun Kualanamu (PP). Pada tanggal 1 September 2023           (round trip). On September 1 st, 2023, the Srilelawangsa
pula KA Lokal Srilelawangsa mulai dioperasikan oleh KAI         Local Train also began operating under KAI Airport with
Bandara dengan sistem yang sama dengan KA Bandara               the same system as the Airport Train, based on the
yaitu berbasis Airport Railway Ticketing System (ARTS)          Airport Railway Ticketing System (ARTS), with routes
dengan relasi Medan, Binjai, Kuala Bingai.                      covering Medan, Binjai, and Kuala Bingai.

Pada tanggal 26 Desember 2017, KAI Bandara menambah             On December 26 th, 2017, KAI Airport added flights for the
perjalanan KA Bandara Soekarno Hatta (Basoetta) yang            Soekarno-Hatta Airport Train (Basoetta), which is now
kini pengelolaannya telah beralih ke KAI Commuter.              managed by KAI Commuter.

Mulai 1 April tahun 2022, KAI Bandara mendapatkan               Starting April 1 st, 2022, KAI Airport was tasked with
penugasan sebagai penyedia layanan dan sistem                   providing ticketing services and ticket purchasing systems
pembelian tiket di Kereta Api Bandara Yogyakarta                for the Yogyakarta International Airport Train. KAI Airport
International Airport. KAI Bandara YIA melayani tiga            YIA serves three stations: Yogyakarta Station, Wates
stasiun yaitu stasiun Yogyakarta, Wates, dan YIA. Pada          Station, and YIA Station. In November 2022, KAI Airport
November 2022 KAI Bandara mendapatkan izin operasi              obtained an operating permit to become the full operator
untuk menjadi operator penuh KA Bandara Yogyakarta.             of the Yogyakarta Airport Train.

Kemudian, KAI Wisata dijalankan oleh PT Kereta Api              Furthermore, KAI Wisata, operated by PT Kereta Api
Pariwisata yang menawarkan produk jasa/layanan                  Pariwisata, offers tourism service products, including travel
meliputi paket perjalanan wisata untuk perorangan (FIT)         packages for individuals (FIT) or groups with a charter
ataupun rombongan dengan sistem pola carter, dengan             pattern system, using trains as the main mode of
menggunakan kereta api sebagai transportasi utama.              transportation. Some of the trains available for rent
Sejumlah yang disewakan antara lain Kereta Istimewa,            include the Special Train, Panoramic Train, Bali Tourism
Kereta Panoramic, Kereta Wisata Bali, Kereta Wisata             Train, Imperial Tourism Train, Java Tourism Train,
Imperial, Kereta Wisata Jawa, Kereta Wisata Nusantara,          Nusantara Tourism Train, Priority Tourism Train, Sumatra
Kereta Wisata Priority, Kereta Wisata Sumatera, Kereta          Tourism Train, Toraja Tourism Train, and Steam Train at
Wisata Toraja dan Kereta Uap di Museum Ambarawa.                the Ambarawa Museum.

KAI Wisata yang diberikan kepercayaan fokus pada bidang         KAI Wisata, entrusted with focusing on railway tourism
jasa pariwisata kereta api telah memiliki 12 lini bisnis saat   services, currently manages 12 business lines, including:
ini diantaranya mengelola:
   1. Kereta wisata                                                1. Tourism trains
   2. Hotel Transit Gambir                                         2. Transit Gambir Hotel
   3. Lounge Anggrek                                               3. Anggrek Lounge
   4. Luxury Lounge                                                4. Luxury Lounge
   5. Shower n Locker                                              5. Shower and Locker facilities
   6. Heritage Building Lawang Sewu & Indonesia                    6. Heritage Buildings: Lawang Sewu & Indonesia
       Railway Museum Ambarawa                                         Railway Museum Ambarawa
   7. Ticketing & Pengelolaan Dokumen Perjalanan                   7. Ticketing & Travel Document Management
   8. Tenaga Frontliner & Contact Centre                           8. Frontliner Staff & Contact Centre
   9. Tour & Mice                                                  9. Tour & MICE
   10. Periklanan, Podcast & Pengelolaan Social Media              10. Advertising, Podcasts & Social Media Management
   11. Aplikasi E-Porter                                           11. E-Porter Application
   12. Sewa Kendaraan Restorasi                                    12. Rental of Restoration Vehicles

Restorasi                                                       Restoration
Setiap rangkaian kereta api milik KAI dilengkapi dengan         Every train set owned by KAI is equipped with a carriage
kereta yang berfungsi sebagai restorasi, atau gerbong           serving as a restaurant, or dining car. These dining cars
restoran. Restorasi pada rangkaian kereta api tersebut          provide food and beverage services for passengers during
menyediakan layanan makan dan minum bagi pelanggan              their journey.
selama perjalanan.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KAI memiliki anak perusahaan PT Reska Multi Usaha (KAI         KAI has a subsidiary named PT Reska Multi Usaha (KAI
Services) sebagai pelaksana restorasi yang juga                Services) tasked with executing the restoration services
menunjang kebijakan dan program KAI selaku perusahaan          while also supporting KAI's policies and programs as the
induk pada usaha restoran kereta api serta usaha terkait       parent company in train restaurant business and other
lainnya. Bidang usaha KAI Services terbagi ke dalam 3          related ventures. The business sectors of KAI Services are
(tiga) bisnis inti, yaitu:                                     divided into 3 (three) core businesses, namely:


      On Board Services                                               On Board Services
      Terdiri dari restoran kereta dan jasa kebersihan di             Consists of onboard restaurants, train cleaning
      kereta serta fasilitas penunjang lainnya (passenger             services, and other passenger amenities.
      amenities).
      Integrated Facility Service                                     Integrated Facility Service
      Terdiri dari keamanan, parkir, jasa kebersihan, dan             Comprises security, parking, cleaning services, and
      alih daya.                                                      outsourcing.
      Commercial Services                                             Commercial Services
      Terdiri dari kafe, katering, dan layanan umum                   Includes cafes, catering, and general services


Angkutan Barang                                                Freight Transportation
Selain    angkutan     penumpang,      Perseroan  juga         In addition to passenger transportation, the Company
menyediakan jasa angkutan barang mulai dari skala kecil        also provides freight transportation services ranging from
hingga skala besar termasuk komoditas industri. Untuk          small to large scale, including industrial commodities.
layanan     angkutan     barang,   KAI   melalui  anak         For freight transportation services, KAI, through its
perusahaannya, PT Kereta Api Logistik (KAI Logistik)           subsidiary PT Kereta Api Logistik (KAI Logistics) as a
sebagai Badan Usaha Angkutan Multimoda, melakukan              Multimodal Transportation Business Entity, engages in
usaha di bidang layanan distribusi logistik dengan             logistics distribution services with various product
berbagai segmentasi produk diantaranya KALOG Express           segmentations. This includes KALOG Express for courier
untuk layanan kurir dan kargo, KALOG Plus untuk                and cargo services, KALOG Plus to accommodate larger
mengakomodir kebutuhan pengiriman barang dalam                 shipment quantities, as well as supporting services to
jumlah yang lebih besar, serta layanan penunjang untuk         ensure diverse logistics needs are met, such as container
memastikan terpenuhinya kebutuhan logistik yang                transportation, Freight Forwarding, depot/warehousing,
beragam seperti angkutan kontainer, Freight Forwarding,        and other terminal activities. Moreover, KAI Logistics also
depot/warehousing dan kegiatan keterminalan lainnya.           introduces KALOG Pro for business-to-business logistics
Selain itu, KAI Logistik juga menghadirkan KALOG Pro           segmentation, offering superior advantages and
untuk segmentasi logistik business to business dengan          premium services, as well as providing one-stop solutions/
menawarkan keunggulan dan pelayanan prima serta                end-to-end services to realize total logistics solutions such
menyediakan layanan one stop solution/end to end               as multi-commodity transportation services, project
services guna mewujudkan layanan total logistics               logistics, terminal operations, and coal handling.
solution seperti layanan angkutan multi commodity,
project logistic, keterminalan dan penanganan batu
bara.

KAI Logistik memiliki orientasi pengembangan bisnis            KAI Logistics has a business development orientation as
sebagai penyedia jasa layanan distribusi logistik secara       a total logistics distribution service provider through End-
total (Total Logistics Solution) melalui End-to-End            to-End Services or as an SCM Service Provider with IT
Services atau sebagai SCM Service Provider dengan              support. To facilitate integrated logistics services, KAI
dukungan teknologi informasi. Untuk memfasilitasi              Logistics has built several logistics service infrastructures,
layanan logistik secara terpadu, KAI Logistik telah            including railway terminals in Java and modernized
membangun sejumlah infrastruktur jasa logistik, antara         facilities and infrastructure for coal handling in South
lain terminal kereta api di pulau Jawa serta fasilitas dan     Sumatra.
infrastruktur yang dimodernisasi untuk penanganan
batubara di Sumatra Selatan.




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SKALA USAHA [OJK C.3] [GRI 2-6]
BUSINESS SCALE


                  Uraian                               Satuan
                                                                               2023                2022               2021
               Description                              Unit

 Total Pendapatan Total Income                                             35.106.535.574     25.577.639.010      17.916.775.924

 Jumlah Liabilitas Total Liabilities                                       50.468.176.132     42.501.045.418      39.118.737.129

 Jumlah Ekuitas Total Equity                     Ribuan Rupiah             30.906.137.241     29.080.184.305      23.411.740.325
                                                 Thousands of Rupiah
 Jumlah Aset Total Assets                                                  81.374.313.373     71.581.229.723     62.768.826.772

 Laba (Rugi) Tahun Berjalan
                                                                           1.871.548.137       1.685.989.220      (425.195.643)
 Income for the year




RANTAI PASOK DAN RELASI BISNIS LAINNYA [GRI 2-6]
SUPPLY CHAIN AND OTHER BUSINESS RELATION
Kegiatan operasional Perseroan melibatkan sejumlah                     The Company's operational activities involve several
mitra kerja, antara lain dalam membangun prasarana                     partners, including those responsible for building
beserta fasilitas perawatan prasarana, serta sarana beserta            infrastructure and its maintenance Rolling Stock, as well
fasilitas perawatan sarananya. Selain itu, Perseroan juga              as equipment and its maintenance Rolling Stock.
melibatkan sejumlah mitra kerja di bidang jasa guna                    Additionally, the Company collaborates with several
meningkatkan kualitas layanan produk dan jasa KAI.                     partners in the service sector to enhance the quality of
Perseroan juga melibatkan para pemasok lokal dengan                    KAI's products and services. The Company also engages
proporsi pembayaran kepada pemasok lokal mencapai                      local suppliers, with payments to local suppliers
70,32% dari total nilai pembayaran KAI kepada pemasok.                 accounting for 70.32% of KAI's total payments to suppliers.
Penjelasan lebih lanjut mengenai relasi bisnis KAI dengan              Further explanation regarding KAI's business relationships
pihak-pihak berelasi terdapat pada Bab Analisis dan                    with related parties can be found in the Management
Pembahasan Manajemen.                                                  Discussion and Analysis Chapter.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




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PETA WILAYAH OPERASIONAL [OJK C.2] [GRI 2-2]
OPERATIONAL AREA
KAI memiliki 1 (satu) Kantor Pusat, 9 (sembilan) Daerah            As of December 31 st 2023, KAI has 1 (one) Head Office, 9
Operasi, 4 (empat) Divisi Regional, 1 (satu) Sub Divisi            (nine) Operating Regions, 4 (four) Regional Divisions, 1
Regional dan 8 (delapan) Balai Yasa per 31 Desember 2023.          (one) Sub-Division, and 8 (eight) Workshop Facilities.



Tabel Jaringan Kantor Tahun Selama 5 tahun                         Table of Office Network in the Last 5 Years
terakhir
                   Jenis Kantor / Type of Office                       2023        2022        2021       2020         2019

 Kantor Pusat Head Office                                                1           1           1          1           1

 Daerah Operasi (Daop) Operation Area                                    9           9           9          9           9

 Divisi Regional (Divre) Regional Division                               4           4           4          4           4

 Sub Divisi Regional (Subdivre) Regional Sub-Division                    1           1           1          1           1

 Balai Yasa Balai Yasa                                                   8           8           8          8           8




                                 SUBDIVRE I
                                 Sumatra Utara


                                                   DIVRE I
                                                   Sumatra Utara




                 DIVRE II
             Sumatra Barat


                               DIVRE III
                              Palembang




                                                                                                      DIVRE IV
                                                                                                      Tanjung Karang


                   INDONESIA




                         Laporan Tahunan dan Keberlanjutan
92                                                                                         PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 93
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Wilayah operasi PT Kereta Api Indonesia (Persero)                    The operational area of PT Kereta Api Indonesia (Persero)
mencakup Pulau Sumatera dan Jawa. Wilayah kerja di                   covers the islands of Sumatra and Java. The work areas
Pulau Jawa dibagi berdasarkan Daerah Operasi (Daop),                 in Java are divided based on Operating Regions (Daop),
sedangkan wilayah kerja di Sumatera dibagi berdasarkan               while the work areas in Sumatra are divided based on
Divisi Regional (Divre).                                             Regional Divisions (Divre).

                 Kantor Pusat       Daerah Operasi            Divisi Regional         Sub Divisi Regional        Balai Yasa
Wilayah / Area
                 Head Office        Operation Area           Regional Division       Regional Sub-Division       Balai Yasa

  Jawa
                      1                      9                         -                       -                      6
  Java

  Sumatera
                      -                      -                         4                       1                      2
  Sumatera




                      DAOP 1
                      Jakarta
                                         DAOP 3
                                         Cirebon

                                                          DAOP 4
                                                          Semarang

                                                                       DAOP 8
                                                                       Surabaya

                                                                                  DAOP 9
                                                                                  Jember




                   DAOP 2
                   Bandung
                                             DAOP 6
                                             Yogyakarta


                                DAOP 5                           DAOP 7
                                Purwokerto                       Madiun




                                                                     Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  93
                                                                         Annual and Sustainability Report
Page 94
                            Profil Perusahaan
                            Company Profile




DATA PEGAWAI [OJK C.3] [GRI 2-7]
Employees Data


KOMPOSISI PEGAWAI BERDASARKAN                                  EMPLOYEE COMPOSITION BASED ON GENDER
JENIS KELAMIN
Dalam satuan orang                                             In person


                       Jenis Kelamin
                                                               2023                   2022                   2021
                          Gender


 Laki-laki Male                                       28.238                 27.291                 26.839

 Perempuan Female                                     1.652                  1.556                  1.525


 Jumlah Total                                         29.890                 28.847                 28.364




KOMPOSISI PEGAWAI BERDASARKAN                                  EMPLOYEE             COMPOSITION            BASED    ON
LEVEL JABATAN                                                  POSITION
Dalam satuan orang                                             In person

                       Level Jabatan
                                                               2023                   2022                   2021
                          Position

 Dewan Komisaris Board of Commissioners              10                     10                     9

 Direksi Board of Directors                          24                     23                     27

 Executive Vice President                            36                     32                      33

 Vice President/ General Manager                     180                    176                    176

 Senior Manager dan Manager
                                                     830                    749                    741
 Senior Manager dan Manager

 Junior Manager                                      2                      943                    927

 Assistant Manager                                   2.105                  1.178                  1.173

 Senior Supervisor                                   0                      889                    894

 Supervisor                                          10.965                 1.266                  1.275

 Junior Supervisor                                   1                      1,101                  1.089

 Pelaksana / Officer                                 15.426                 22.408                 21.998

 Perjanjian Kerja Waktu Tertentu (Staf-PKWT)
                                                     79                     6                      4
 Fixed Time Emloyment Agreement (Staff-PKWT)

 Perbantuan di Instansi Lain/Afiliasi
                                                     251                    85                     36
 Secondment to Other Institutions/Affiliates

 Jumlah Total                                        29.909                 28.866                 28.382


Keterangan:                                                    Information:
Data Tahun 2022 dan 2021 merupakan data penyajian              The data for 2022 and 2021 has been restated based on
kembali berdasarkan cakupan data pekerja PT KAI di             the coverage of PT KAI employees, including those at the
Induk, diperbantukan di Anak Perusahaan dan Instansi           parent company, those seconded to subsidiaries, and
Lain/Afiliasi                                                  those assigned to other institutions/affiliates.




                          Laporan Tahunan dan Keberlanjutan
94                                                                                      PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 95
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KOMPOSISI PERGAWAI                                             EMPLOYEE COMPOSITION BASED ON AGE
BERDASARKAN RENTANG USIA
Dalam satuan orang                                             In person


                       Rentang Usia
                                                               2023                     2022                    2021
                        Age Range


  < 30 tahun <30 years old                            8.322                    7.989                   8.442


  31-40 tahun 31-40 years old                         12.698                   11.688                  10.555


  41-50 tahun 41-50 years old                         6.205                    6.606                   6.784

  51-55 tahun 51-55 years old                         2.665                    2.564                   2.579

  Jumlah Total                                        29.890                   28.847                  28.360



KOMPOSISI PERGAWAI                                             EMPLOYEE COMPOSITION BASED ON
BERDASARKAN TINGKAT PENDIDIKAN                                 EDUCATION LEVEL
Dalam satuan orang                                             In person


                  Tingkat Pendidikan
                                                               2023                     2022                    2021
                      Education


  S3 Doktor S3 Doctoral                               0                        0                       0


  S2 Magister S2 Master                               86                       78                      79


  S1 Sarjana S1 Bachelor                              2.190                    2.022                   2.013

  D3 Diploma
                                                      1.282                    1.033                   843
  D3 Associate’s Degree

  SLTA
                                                      25.559                   24.763                  24.297
  High School

  SLTP
                                                      483                      582                     688
  Junior High School

  SD
                                                      290                      369                     440
  Elementary School

  Jumlah Total                                        29.890                   28.847                  28.360


Keterangan:                                                    Information:
Data Tahun 2022 dan 2021 merupakan data penyajian              The data for 2022 and 2021 has been restated based on
kembali berdasarkan cakupan data pekerja PT KAI di             the coverage of PT KAI employees, including those at the
Induk, diperbantukan di Anak Perusahaan dan Instansi           parent company, those seconded to subsidiaries, and
Lain/Afiliasi                                                  those assigned to other institutions/affiliates.




                                                               Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              95
                                                                   Annual and Sustainability Report
Page 96
                            Profil Perusahaan
                            Company Profile




KOMPOSISI PEGAWAI BERDASARKAN                               EMPLOYEE COMPOSITION BASED ON
STATUS KETERNAGAKERJAAN                                     EMPLOYMENT STATUS
Dalam satuan orang                                          In person

               Status Keternagakerjaan
                                                            2023                   2022                   2021
           Employment by Employment Status


 Eks-PNS Ex-Civil Servant                          89                     206                    322


 Eks-Perum Ex-Perum                                9.818                  10.278                 10.690


 Persero                                           19.904                 18.357                 17.348

 PKWT Fixed-Term Contract                          79                     6                      4

 Jumlah Total                                      29.890                 28.847                 28.364




KOMPOSISI PEGAWAI BERDASARKAN                               EMPLOYEE COMPOSITION BASED ON
LAMA BEKERJA                                                EMPLOYMENT PERIOD
Dalam satuan orang                                          In person


                   Lama Bekerja
                                                            2023                   2022                   2021
                 Employment Period


 <10 tahun <10 years                               11,654                 11,062                 10,868


 10 tahun 10 years                                 738                    10,493                 11,108


 15 tahun 15 years                                 9,284                  2,165                  777

 20 tahun 20 years                                 3,682                  937                    2,006

 25 tahun 25 years                                 1,006                  3,717                  2,972

 30 tahun 30 years                                 3,008                  449                    557

 >35 tahun >35 years                               518                    24                     76

 Jumlah Total                                      29.890                 28.847                 28.364


Keterangan:                                                 Information:
Data Tahun 2022 dan 2021 merupakan data penyajian           The data for 2022 and 2021 has been restated based on
kembali berdasarkan cakupan data pekerja PT KAI di          the coverage of PT KAI employees, including those at the
Induk, diperbantukan di Anak Perusahaan dan Instansi        parent company, those seconded to subsidiaries, and
Lain/Afiliasi                                               those assigned to other institutions/affiliates.




                       Laporan Tahunan dan Keberlanjutan
96                                                                                   PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 97
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KOMPOSISI PEGAWAI BERDASARKAN                                      EMPLOYEE COMPOSITION BASED ON
WILAYAH BEKERJA                                                    WORKING AREA
Dalam satuan orang                                                 In person

                    Wilayah Bekerja
                                                                   2023                    2022                    2021
                     Working Area


 KAI Kantor Pusat KAI Head Office                         2.095                   1.872                   1,932

 Balai Yasa Manggarai                                     317                     322                     335

 Balai Yasa Tegal                                         247                     255                     260

 Balai Yasa Yogyakarta                                    391                     377                     386

 Balai Yasa Surabaya Gubeng                               268                     265                     275

 Balai Yasa Lahat                                         347                     335                     327

 Balai Yasa Pulubrayan                                    93                      95                      103

 Daerah Operasi 1 Jakarta Operation Area 1 Jakarta        3.024                   3.044                   3,063

 Daerah Operasi 2 Bandung Operation Area 2
                                                          1.899                   1.887                   1,849
 Bandung

 Daerah Operasi 3 Cirebon Operation Area 3 Cirebon        1.329                   1.334                   1,344

 Daerah Operasi 4 Semarang Operation Area 4
                                                          1.831                   1.811                   1,842
 Semarang

 Daerah Operasi 5 Purwokerto Operation Area 5
                                                          1.797                   1.788                   1,809
 Purwokerto

 Daerah Operasi 6 Yogyakarta Operation Area 6
                                                          1.976                   1.939                   1,957
 Yogyakarta

 Daerah Operasi 7 Madiun Operation Area 7 Madiun          1.270                   1.265                   1,285

 Daerah Operasi 8 Surabaya Operation Area 8
                                                          2.423                   2.381                   2,420
 Surabaya

 Daerah Operasi 9 JemberOperation Area 9 Jember           970                     984                     1,014

 Sub Divisi Regional I.1 Aceh Regional Sub-Division I.1
                                                          19                      17                      17
 Aceh

 Divisi Regional I Sumatera Utara Regional Division I
                                                          1.462                   1.411                   1,412
 North Sumatera

 Divisi Regional II Sumatera Barat Regional Division II
                                                          560                     541                     564
 West Sumatera

 Divisi Regional III Palembang Regional Division III
                                                          3.110                   2.880                   2,570
 Palembang

 Divisi Regional IV Tanjungkarang Regional Division
                                                          2.228                   2.080                   1,934
 IV Tanjungkarang

 Divisi LRT Jabodebek LRT Jabodebek Division              595                     482                     199

 PT RMU                                                   40                      43                      47

 PT KCI                                                   1.196                   1.202                   1.227

 PT KALOG                                                 32                      33                      32

 PT KAPM                                                  62                      72                      80

 PT KA WISATA                                             34                      31                      30

 PT RAILINK                                               24                      16                      15

 Instansi Lain Other Institutions                         251                     85                      36

 Jumlah Total                                             29.890                  28.847                  28.364




                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  97
                                                                       Annual and Sustainability Report
Page 98
                            Profil Perusahaan
                            Company Profile




KOMPOSISI PEGAWAI BERDASARKAN                                EMPLOYEE COMPOSITION BASED ON
DIREKTORAT                                                   DIRECTORATE
Dalam satuan orang                                           In person

                      Direktorat
                                                             2023                   2022                   2021
                      Directorate


 Direktorat Utama
                                                    665                    676                    676
 Main Directorate

 Direktorat Niaga
                                                    1.541                  1.485                  1.494
 Directorate of Commerce

 Direktorat Operasi
                                                    9.848                  9.429                  9.156
 Directorate of Operation

 Direktorat Pengelolaan Prasarana
                                                    6.062                  5.932                  5.659
 Directorate of Infrastructure

 Direktorat Pengelolaan Sarana
                                                    6.027                  5.817                  5.689
 Directorate of Rolling Stocks

 Direktorat Keselamatan dan Keamanan
                                                    1.528                  1.616                  1.696
 Directorate of Safety and Security

 Direktorat SDM dan Umum
                                                    1.394                  987                    1.025
 Directorate of HC and General Affairs

 Direktorat Perencanaan Strategis dan
 Pengembangan Usaha
                                                    369                    346                    362
 Directorate of Strategic Planning and Business
 Development

 Direktorat Keuangan dan Manajemen Risiko
                                                    817                    1.077                  1.140
 Directorate of Finance and Risk Management


 Diperbantukan di Anak Perusahaan
                                                    1.388                  1.397                  1.431
 Secondment to Subsidiaries


 Instansi lain
                                                    251                    85                     36
 Other Institutions

 Jumlah Total                                       29.890                 28.847                 28.364


Keterangan:                                                  Information:
Data Tahun 2022 dan 2021 merupakan data penyajian            The data for 2022 and 2021 has been restated based on
kembali berdasarkan cakupan data pekerja PT KAI di           the coverage of PT KAI employees, including those at the
Induk, diperbantukan di Anak Perusahaan dan Instansi         parent company, those seconded to subsidiaries, and
Lain/Afiliasi                                                those assigned to other institutions/affiliates.

Pekerja yang Bukan Pekerja Langsung [GRI 2-8]                Workers who are Non-Direct Employees [GRI 2-8]
Selain tenaga kerja/karyawan dengan kategori di atas,        In addition to employees in the above categories, the
Perseroan tidak memiliki pekerja yang bukan pekerja          Company does not have any workers who are not directly
langsung, yaitu mereka yang melakukan pekerjaan              employed by KAI, meaning those who perform work for
untuk KAI namun tidak memiliki hubungan kerja                KAI but do not have a direct employment relationship
langsung dengan KAI. Pekerja yang termasuk dalam             with KAI. Workers in this category include outsourced
kategori ini antara lain tenaga kerja alih daya.             labor.




                        Laporan Tahunan dan Keberlanjutan
98                                                                                    PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 99
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




DAFTAR KEANGGOTAAN ASOSISASI
[OJK C.5] [GRI 2-28]
Association Membership List [OJK C.5] [GRI 2-28]

KAI bergabung dan berperan aktif melalui keanggotaan              KAI joined and actively participated through membership
asosiasi atau lembaga yang relevan dengan bisnis utama            in relevant associations or institutions related to its core
yang dijalankan. Hal tersebut dilakukan agar KAI dapat            business. This was done so that KAI could continue to
terus mengikuti dan terlibat dalam perkembangan, isu,             keep up with and be involved in the latest developments,
atau topik terbaru, di samping saling memberi saran/              issues, or topics, in addition to providing advice/input
masukan hingga bertukar informasi dengan perusahaan               and exchanging information with other companies for
lain demi kemajuan bersama.                                       mutual progress.


                    Nama Asosiasi                           Tahun bergabung                    Status Perusahaan
                  Name of Association                             Year Joined                        Status

  Kamar Dagang Indonesia (Kadin) Kota Bandung
  Bandung City Chamber of Commerce and Industry            2022                      Anggota Member
  (KADIN)




PERUBAHAN PERUSAHAAN YANG BERSIFAT SIGNIFIKAN
PADA ORGANISASI
[OJK C.6] [GRI 2-6]
Significant Corporate Changes In Organization [OJK C.6] [GRI 2-6]

Selama periode pelaporan, tidak terdapat perubahan                During the reporting period, there were no significant
seperti merger maupun perubahaan Perseroan lainnya                corporate changes such as merger or r other substantial
yang bersifat signifikan.                                         alterations.




                                                               Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                               99
                                                                   Annual and Sustainability Report
Page 100
                                                  Profil Perusahaan
                                                  Company Profile




STRUKTUR ORGANISASI
Organization Structure




                                                                                                                                                                                                                                                                                           PRESIDENT
                                                                                                                                                                                                                                                                                           DIRECTOR
                                                                                                                                                                                                                                                                                              (U)




                     D.1 MANAGING                                 D.2 MANAGING                                  D.3 MANAGING                                     D.4 MANAGING                                               D.5 MANAGING
                     DIRECTOR OF                                  DIRECTOR OF                                   DIRECTOR OF                                       DIRECTOR OF                                               DIRECTOR OF
                      COMMERCE                                     OPERATION                                  INFRASTRUCTURE                                     ROLLING STOCK                                               SAFETY AND
                           (C)                                         (O)                                           (T)                                               (R)                                                     SECURITY
                                                                                                                                                                                                                                  (S)




                      DIVISION OF                                                                                                                                            DIVISION OF
   DIVISION OF                                           DIVISION OF                                             DIVISION OF                                                                                                                                                              DIVISION OF
                      PASSENGER                                              DIVISION OF      DIVISION OF                                               DIVISION OF           TECHNICAL           DIVISION OF                                          DIVISION OF       DIVISION OF
     FREIGHT                                             OPERATION                                            SIGNALLING, TELE-                                                                                                                                                            TRAINING &
                      TRANSPORT                                              OPERATION         RACK AND                                                Rolling Stock        ENGINEERING            SECURITY                                           NON RAILWAY      HUMAN CAPITAL
   MARKETING                                             PERSONNEL                                            COMMUNICATION,                                                                                                                                                               EDUCATION
                      MARKETING                                             MANAGEMENT          BRIDGE                                                 MAINTENANCE               AND                  (SK)                                               ASSETS         MANAGEMENT
   AND SALES                                                 (OP)                                             AND ELECTRICITY                                                                                                                                                             IR H JUANDA
                      AND SALES                                                 (OM)              (TJ)                                                      (RR)         Rolling Stock ASSET                                                               (SN)              (MC)
       (CF)                                                                                                          (TS)                                                                                                                                                                     (MT)
                          (CP)                                                                                                                                                   (RT)




  SUBDIVISION OF
     FREIGHT        SUBDIVISION OF       DIVISION OF   SUBDIVISION OF      SUBDIVISION OF                      SUBDIVISION OF       DIVISION OF        SUBDIVISION OF      SUBDIVISION OF       SUBDIVISION OF                        DIVISION OF    SUBDIVISION OF    SUBDIVISION OF   SUBDIVISION OF
                                       NON TRANSPORT                           TRAIN        SUBDIVISION OF                                                                   TECHNICAL             SECURITY       DIVISION OF                           PROGRAM,                         PLANNING OF
     PRODUCT          PASSENGER         COMMERCIAL-     TRAIN CREW           OPERATION          TRACK            SIGNALLING       INFRASTRUCTURE        Rolling Stock      ENGINEERING OF       OPERATION AND       SAFETY              SAFETY       BUDGETING, AND    ORGANIZATION      TRAINING AND
   DEVELOPMENT        MARKETING            IZATION       OPERATION           PLANNING            (TJT)          MAINTENANCE           ASSETS             PLANNING           Rolling Stock       ADMINISTRATION       (SSS)            STANDARD        CERTIFICATION     DEVELOPMENT       EDUCATION
  AND PLANNING          (CPM)                (CCC)         (OPC)               (OMR)                                (TSM)              (TTA)                (RRP)               (RTE)                (SKO)                               (SSS)           (SNNB)            (MCO)             (MTR)
       (CEP)




                                                                           SUBDIVISION OF                     SUBDIVISION OF                                                                                                                          SUBDIVISION OF   SUBDIVISION OF   SUBDIVISION OF
  SUBDIVISION OF    SUBDIVISION OF                     SUBDIVISION OF          TRAIN        SUBDIVISION OF         TELE-                               SUBDIVISION OF      SUBDIVISION OF                                                            PROGRAM ASSETS      TALENT AND      CERTIFICATION
   TERMINAL AND        PASSENGER                       NON TRAIN CREW        OPERATION       FACILITY AND     COMMUNICATION                             TRACTIVE RAIL                                                SAFETY            INTERNAL
                                                                                                                                                                         Rolling Stock ASSETS                                                         HANDLING AND     HUMAN CAPITAL          AND
     LOGISTICS      TICKETING SALES                      OPERATION          CONTROL AND        BRIDGE         AND ELECTRICITY                             VEHICLES                                                 INSPECTOR          CONSULTANT
                                                                                                                                                                                 (RTA)                                                               ASSETS CONTROL     MANAGEMENT       COOPERATION
       (CFT)             (CPS)                              (OPN)            OPERATION           (TJF)         MAINTENANCE                                  (RRT)                                                                                        (SNNP)             (MCD)            (MTC)
                                                                               (OMP)                               (TSC)




  SUBDIVISION OF                                                           SUBDIVISION OF
     FREIGHT                                             SPECIALIST                                                                                    SUBDIVISION OF                                                                                                  SUBDIVISION OF
                     SUBDIVISION OF                                          OPERATION                                                                                                                                                                                                  TRAINING CENTER
 MARKETING, SALES                                       OF NON TRAIN                                                                                    COACHES AND                                                                                                      INDUSTRIAL
                    DIGITAL BUSINESS                                         SOUTHERN                                                                                                                                                                                                    (MTL, MTS, MTO,
  AND COSTUMER                                              CREW                                                                                          WAGONS                                                                                                          RELATION
                          (CPD)                                               SUMATRA                                                                                                                                                                                                    MTP, MTE, MTTS)
      CARE                                              MANAGEMENT                                                                                         (RRC)                                                                                                            (MCI)
                                                                               (OMS)
      (CFS)




                    SUBDIVISION OF                      SPECIALIST OF                                                                                                                                                                                                  SUBDIVISION OF
                                                                           SPECIALIST OF
                      PASSENGER                          OPERATION                                                                                                                                                                                                       EMPLOYEE           TRAINER
                                                                             RAILWAY
                       FACILITY                          SUMATERA                                                                                                                                                                                                      ADMINISTRATION        GROUP
                                                                            OPERATION
                         (CPF)                            SELATAN                                                                                                                                                                                                          (MCA)




                                                                                                                                                                                                                                                                           HUMAN
                    SUBDIVISION OF                                                                                                                                                                                                                                         CAPITAL
                    CUSTOMER CARE                                                                                                                                                                                                                                         BUSINESS
                        (CPC)                                                                                                                                                                                                                                             PARTNER




                                                                                            UPT BALAI YASA     UPT BALAI YASA               UPT BALAI YASA       UPT BALAI YASA
                                                                                               JEMBATAN       SINTELIS DAN LAA                  SARANA              SARANA
                                                                                            KIARACONDONG       CIKUDAPATEUH                  (SGU, TG, PUB)        (MRI,LT,YK)
                                                                                                 (TJJK)            (TSSS)




                                                                                            UPT BALAI YASA
                                                                                            MEKANIK JALAN
                                                                                             REL CIREBON
                                                                                              PRUJAKAN
                                                                                                (TJJC)




                                                                                             UPT BALAI YASA
                                                                                             MEKANIK JALAN                                            DAERAH OPERASI      DAERAH OPERASI            DIVISI          DIVISI               DIVISI           DIVISI         DIVISION OF        PT RMU
                                                                                            REL PRABUMULIH                                                1,2,4,6,8           3,5,7,9             REGIONAL I      REGIONAL II         REGIONAL III     REGIONAL IV     LRT JABODEBEK
                                                                                                 (TJJM)




                                                                                                                                                                                                                 UPT BALAI YASA
                                                                                                                                                                                                 SUBDIVRE I.1       PADANG




                                              Laporan Tahunan dan Keberlanjutan
100                                                                                                                                                                                             PT Kereta Api Indonesia (Persero)
                                                Annual and Sustainability Report
Page 101
                                                                                               Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                                                                                            Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




 D.6 MANAGING                                                                      D.7 MANAGING
 DIRECTOR OF                                                                        DIRECTOR OF                                                                       D.8 MANAGING
HUMAN CAPITAL                                                                        STRATEGIC                                                                         DIRECTOR OF
 AND GENERAL                                                                       PLANNING AND                                                                     FINANCE AND RISK
    AFFAIRS                                                                          BUSINESS                                                                         MANAGEMENT
      (M)                                                                          DEVELOPMENT                                                                             (K)
                                                                                        (P)




                                                  DIVISION OF                       DIVISION OF                        DIVISION OF                           DIVISION OF
                                                  CORPORATE         DIVISION OF       STRATEGIC       DIVISION OF                           DIVISION OF                          DIVISION OF      DIVISION OF                                        DIVISION OF
                                 DIVISION OF                                                                          NON RAILWAY                             REVENUE                                             DIVISION OF       DIVISION OF
                                                   STRATEGIC        SUBSIDIARY        BUSINESS         PROJECT                               FINANCE                            INFORMATION           RISK                                           CORPORATE
                                  LOGISTICS                                                                              ASSETS                               AND COST                                               LEGAL        INTERNAL AUDIT
                                                 PLANNING AND      MANAGEMENT      PLANNING AND      DEVELOPMENT                           COSOLIDATION                            SYSTEM        MANAGEMENT                                          SECRETARY
                                     (MS)                                                                             DEVELOPMENT                          CONSOLIDATION                                              (UL)              (UI)
                                                  MONITORING            (PS)         INVESMENT            (PP)                                  (KC)                                 (KI)             (KR)                                               (US)
                                                                                                                           (PN)                                  (KG)
                                                      (PC)                               (PI)




                                                 SUBDIVISION OF                                                      SUBDIVISION OF                                                             SUBDIVISION OF
  LEMBAGA                       SUBDIVISION OF     CORPORATE      SUBDIVISION OF   SUBDIVISION OF   SUBDIVISION OF    NON RAILWAY         SUBDIVISION OF   SUBDIVISION OF      SUBDIVISION OF   DISSEMINATION                                       SUBDIVISION OF
 SERTIFIKASI    DIVISION OF     PROCUREMENT                         SUBSIDIARY       STRATEGIC                                                                                  IT PLANNING                      SUBDIVISION OF   SUBDIVISION OF      CORPORATE
 PROFESI PT       HEALTH        PLANNING AND        STRATEGIC      MANAGEMENT        BUSINESS          PROJECT           ASSETS             CORPORATE         PSO, IMO,             AND            AND RISK      LEGAL BUSINESS   GENERAL AUDIT 1     DOCUMENT
 KERETA API        (MMH)         EVALUATION      PLANNING AND     AND EVALUATION     PLANNING         PLANNING        DEVELOPMENT            FINANCE          AND TAC           GOVERNANCE       MANAGEMENT          (ULB)             (UI.1)        MANAGEMENT
 INDONESIA                          (MSP)         EVALUATION           (PSM)            (PIS)           (PPP)           PLANNING               (KCF)            (KGP)               (KIP)         PROCEDURE                                             (USD)
                                                      (PCP)                                                               (PNP)                                                                     (KRD)




                                                 SUBDIVISION OF                                     SUBDIVISION OF   SUBDIVISION OF
                                                   CORPORATE      SUBDIVISION OF   SUBDIVISION OF                                                          SUBDIVISION OF      SUBDIVISION OF   SUBDIVISION OF   SUBDIVISION OF                     SUBDIVISION OF
                                SUBDIVISION OF                                                         PROJECT        NON RAILWAY         SUBDIVISION OF                                                                          SUBDIVISION OF
                                                    STRATEGIC         SPECIA        INVESTMENT                                                                 COST             IT DESIGN AND    RISK CONTROL      POLICY AND                          PUBLIC
                                MATERIAL STOCK                                                      MONITORING AND   ASSETS BUSINESS        BUDGETING                                                                             GENERAL AUDIT 2
                                                 PERFORMANCE        ASSIGNMENT       PLANNING                                                               ACCOUNTING          DEVELOPMENT     AND MITIGATION    REGULATIONS                         RELATIONS
                                    (MSS)                                                             EVALUATION      DEVELOPMENT             (KCA)                                                                                    (UI.2)
                                                  MONITORING           (PSA)            (PII)                                                                  (KGB)                 (KID)           (KRC)            (ULP)                             (USP)
                                                                                                         (PPM)            (PND)
                                                      (PCM)




                                SUBDIVISION OF                                                                                                                                                                                                      SUBDIVISION OF
                                                                                   SUBDIVISION OF   SUBDIVISION OF                        SUBDIVISION OF                                                         SUBDIVISION OF
                                  GOOD AND                                                                           SUBDIVISION OF                                            SUBDIVISION OF                                     SUBDIVISION OF       QUALITY
                                                                                     TECHNICAL       JAVA REGION                            FINANCIAL                                                            LEGAL DISPUTE
                                   SERVICES                                                                            BUILDING                                                 IT OPERATION     RISK ANALYST                      SPECIAL AUDIT    ASSURANCE AND
                                                                                    ENGINEERING        PROJECT                            ADMINISTRATION                                                          RESOLUTION
                                PROCUREMENT                                                                              (PNB)                                                      (KIO)                                              (UIS)             GCG
                                                                                        (PIT)           (PPJ)                                 (KCW)                                                                  (ULL)
                                     (MSU)                                                                                                                                                                                                              (USQ)




                                                                                                                                                                                                                                  SUBDIVISION OF    SUBDIVISION OF
                                                                                                                                                                               SUBDIVISION OF
                                                                                                    SUBDIVISION OF                        SUBDIVISION OF                                                                           EVALUATION,        CORPORATE
                                                                                                                                                                                 ENTERPRISE
                                                                                                      SUMATERA                               GENERAL                                                                               MONITORING,       CULTURE AND
                                                                                                                                                                                  RESOURCE
                                                                                                    REGION PROJECT                         ACCOUNTING                                                                                  AND              GENERAL
                                                                                                                                                                                  PLANNING
                                                                                                         (PPS)                                (KCC)                                                                               ADMINISTRATION       FACILITIES
                                                                                                                                                                                    (KIR)                                              (UIA)             (USC)




                                                                                                                                                                                                                                                    SUBDIVISION OF
                                                                                                                                          SUBDIVISION OF                         TICKETING                                                            CORPORATE
                                                                                                                                               TAX                                PROJECT                                                               SOCIAL
                                                                                                                                              (KCT)                              DIRECTOR                                                           RESPONSIBILITY
                                                                                                                                                                                                                                                         (USS)




                                                                                                                                                                                                                                                      INVESTOR
                                                                                                                                                                                                                                                      RELATIONS




                                   PT KA                          PT KA PROPERTY
  PT RAILINK      PT KCI                         PT KA LOGISTIC
                                 PARIWISATA                        MANAGEMENT




                                                                                                                                            Laporan Tahunan dan Keberlanjutan
                              PT Kereta Api Indonesia (Persero)                                                                                                                                                                                                      101
                                                                                                                                                Annual and Sustainability Report
Page 102
                             Profil Perusahaan
                             Company Profile




PROFIL DIREKSI
Board Of Directors Profile




                                                                              DIDIEK HARTANTYO
                                                                              Direktur Utama / President Director



      Kewarganegaraan                        Domisili                    Tempat dan Tanggal Lahir                           Usia
         Citizenship                         Domicile                      Place and Date of Birth                          Age
              Indonesia                      Jakarta                     Jakarta, 6 September 1961                      62 Tahun
              Indonesia                      Jakarta                     Jakarta, September 6th, 1961                  62 Years Old


 Periode Menjabat                                                    Period of Service
 2021-2026 (periode kedua)                                           2021-2026 (Second Period)

 Dasar Pengangkatan                                                  Basis of Appointment
      Diangkat untuk pertama kalinya sebagai Direktur Utama PT          Appointed for the first time as the President Director of PT Kereta
      Kereta Api Indonesia (Persero) berdasarkan Keputusan Menteri      Api Indonesia (Persero) based on the Minister of SOE Decree
      BUMN No. SK-142/ MBU/05/2020 tanggal 8 Mei 2020                   No. SK-142/MBU/05/2020 dated May 8th, 2020
      Diangkat kembali sebagai Direktur Utama PT Kereta Api             Reappointed as the President Director of PT Kereta Api Indonesia
      Indonesia (Persero) berdasarkan Keputusan Menteri BUMN            (Persero) based on the Minister of SOE Decree No. SK-28/MBU/
      No. SK-28/MBU/01/2021 tanggal 25 Januari 2021                     01/2021 dated January 25th, 2021


 Rangkap Jabatan                                                     Concurrent Position
 Tidak Ada                                                           None

 Sertifikasi                                                         Certification
 Belum memiliki sertifikasi                                          None

 Kepemilikan Saham KAI                                               KAI Stock Ownership
 Tidak memiliki                                                      None
 Riwayat Pendidikan                                                  Educational History
      Sarjana bidang Ekonomi Manajemen dari Universitas Sebelas         Bachelor of Economics in Management from Sebelas Maret
      Maret (1985)                                                      University (1985)

      Master degree dari Daniel School of Business, University of       Master's degree from the Daniel School of Business, University
      Denver, Amerika Serikat (1995)                                    of Denver, United States of America (1995)

 Riwayat Pekerjaan                                                   Career History
      Group Head Financial Institutions, Bank Mandiri (2010-2011)       Group Head Financial Institutions, Bank Mandiri (2010-2011)
      Group Head Corporate Banking II, Bank Mandiri (2011-2016)         Group Head Corporate Banking II, Bank Mandiri (2011-2016)
      Direktur Keuangan PT Kereta Api Indonesia (Persero) (2016-        Finance Director of PT Kereta Api Indonesia (Persero) (2016-2020).
      2020)
      Direktur Utama PT Kereta Api Indonesia (Persero)                  President Director of PT Kereta Api Indonesia (Persero) (2020-
      (2020-sekarang)                                                   present)




                           Laporan Tahunan dan Keberlanjutan
102                                                                                                 PT Kereta Api Indonesia (Persero)
                             Annual and Sustainability Report
Page 103
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                     Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PROFIL DIREKSI
Board Of Directors Profile




                                                                             HADIS SURYA PALAPA
                                                                             Direktur Niaga / Managing Director of Commerce



      Kewarganegaraan                    Domisili                   Tempat dan Tanggal Lahir                            Usia
         Citizenship                     Domicile                     Place and Date of Birth                            Age
             Indonesia                  Tangerang                   Yogyakarta, 12 Januari 1965                      58 Tahun
             Indonesia                  Tangerang                   Yogyakarta, January 12th, 1965                  58 Years Old


  Periode Menjabat                                                    Period of Service
  2022-2027 (Periode Pertama)                                         2022-2027 (First Period)
  Dasar Pengangkatan                                                  Basis of Appointment
    Diangkat untuk pertama kalinya sebagai Direktur Niaga PT             Appointed for the first time as the Managing Director of
    Kereta Api Indonesia (Persero) berdasarkan Keputusan Menteri         Commerce of PT Kereta Api Indonesia (Persero) based on the
    BUMN No. SK-89/ MBU/03/2022 tanggal 31 Maret 2022                    Minister of SOE Decree No. SK-89/MBU/03/2022 dated March
                                                                         31st, 2022
  Rangkap Jabatan                                                     Concurrent Position
  Tidak Ada                                                           None

  Sertifikasi                                                         Certification
  Belum memiliki sertifikasi                                          None
  Kepemilikan Saham KAI                                               KAI Stock Ownership
  Tidak memiliki                                                      None
  Riwayat Pendidikan                                                  Educational History
    Magister Administrasi Bisnis dari Brunel University di London        Master of Business Administration from Brunel University in
    (2007)                                                               London (2007)
  Riwayat Pekerjaan                                                   Career History
    Analis Bisnis (2005-2009)                                            Business Analyst (2005-2009)
    Project Manager Pembangunan Barge Loading Conveyor                   Barge Loading Conveyor Construction Project Manager (2009-
    (2009-2010)                                                          2010)
    Site Manager Pembangunan Dermaga, Coal Handling Facilities           Site Manager Port Construction, Coal Handling Facilities and
    dan Kantor Terpadu (2010-2015)                                       Integrated Office (2010-2015)
    Project Manager Pembangunan Infrastruktur Penanganan                 Project Manager Development of Coal Mining Infrastructure
    Batu Bara (2015-2016)                                                (2015-2016)
    Direktur Utama PT Satria Bahana Sarana (2016-2017)                   President Director of PT Satria Bahana Sarana (2016-2017)

    General Manager Pelabuhan Tarahan (2018-2020)                        General Manager of Tarahan Port (2018-2020)
    Sekretaris Perusahaan PT Bukit Asam Tbk (2018-2020)                  Secretary of PT Bukit Asam Tbk (2018-2020)
    Direktur Operasi PT Bukit Asam Tbk (2020-2021)                       Managing Director of Operation of PT Bukit Asam Tbk (2020-2021)
    Direktur Niaga PT Kereta Api Indonesia (Persero) (2022-              Managing Director of Commerce of PT Kereta Api Indonesia
    sekarang)                                                            (Persero) (2022-present)




                                                                       Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                          103
                                                                           Annual and Sustainability Report
Page 104
                               Profil Perusahaan
                               Company Profile




PROFIL DIREKSI
Board Of Directors Profile




                                                                                AWAN HERMAWAN
                                                                                PURWADINATA
                                                                                Direktur Operasi / Managing Director of Operation


       Kewarganegaraan                      Domisili                 Tempat dan Tanggal Lahir                            Usia
          Citizenship                       Domicile                   Place and Date of Birth                           Age
          Indonesia                         Bandung                    Bandung, 30 April 1966                         57 Tahun
          Indonesia                         Bandung                   Bandung, April 30th, 1966                      57 Years Old

 Periode Menjabat                                                     Period of Service
 2022-2027 (Periode Pertama)                                          2022-2027 (First Period)
 Dasar Pengangkatan                                                   Basis of Appointment
      Diangkat untuk pertama kalinya sebagai Direktur Pengelolaan        Appointed for the first time as the Managing Director of
      Prasarana PT Kereta Api Indonesia (Persero) berdasarkan            Infrastructure of PT Kereta Api Indonesia (Persero) based on the
      Keputusan Menteri BUMN No. SK321/MBU/12/2019 tanggal 16            Minister of SOE Decree No. SK321/MBU/12/2019 dated December
      Desember 2019                                                      16th, 2019
      Diangkat menjadi Direktur Operasi PT Kereta Api Indonesia          Appointed as the Managing Director of Operations of PT Kereta
      (Persero) berdasarkan Keputusan Menteri No. SK-89/MBU/             Api Indonesia (Persero) based on Ministerial Decree No. SK-89/
      03/2022 tanggal 31 Maret 2022                                      MBU/03/2022 dated March 31st, 2022
 Rangkap Jabatan                                                      Concurrent Position
 Tidak Ada                                                            None
 Sertifikasi                                                          Certification
 Belum memiliki sertifikasi                                           None
 Kepemilikan Saham KAI                                                KAI Stock Ownership
 Tidak memiliki                                                       None
 Riwayat Pendidikan                                                   Educational History
      Sarjana bidang Teknik Sipil dari Institut Teknologi Nasional       Bachelor of Civil Engineering from the National Institute of
      Bandung (1995)                                                     Technology Bandung (1955)

      Master bidang Teknik Perkeretaapian Institut Teknologi             Master of Science in Railway Engineering Bandung Institute of
      Bandung (2000)                                                     Technology (2000)
 Riwayat Pekerjaan                                                    Career History
      Executive Vice President Freight Marketing & Sales PT Kereta       Executive Vice President Freight Marketing & Sales of PT Kereta
      Api Indonesia (Persero) (2015-2016)                                Api Indonesia (Persero) (2015-2016)
      Corporate Deputy Director of Infrastructure Maintenance and        Corporate Deputy Director of Infrastructure Maintenance and
      Infrastructure Assets Kantor Pusat PT Kereta Api Indonesia         Infrastructure Assets Central Office of PT Kereta Api Indonesia
      (Persero) (2016-2019)                                              (Persero) (2016-2019)
      Direktur Operasi PT Kereta Api Indonesia (Persero) (2019)          Managing Director of Operation of PT Kereta Api Indonesia
                                                                         (Persero) (2019)
      Direktur Pengelolaan Prasarana PT Kereta Api Indonesia             Managing Director of Infrastructure of PT Kereta Api Indonesia
      (Persero) (2020-2022)                                              (Persero) (2020-2022)
      Direktur Operasi PT Kereta Api Indonesia (Persero) (2022-          Managing Director of Operation of PT Kereta Api Indonesia
      Sekarang)                                                          (Persero) (2022-present)




                              Laporan Tahunan dan Keberlanjutan
104                                                                                                 PT Kereta Api Indonesia (Persero)
                                Annual and Sustainability Report
Page 105
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                        Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PROFIL DIREKSI
Board Of Directors Profile




                                                                                HERU KUSWANTO
                                                                                Direktur Pengelolaan Prasarana
                                                                                Managing Director of Infrastructure


      Kewarganegaraan                     Domisili                   Tempat dan Tanggal Lahir                                Usia
         Citizenship                      Domicile                     Place and Date of Birth                               Age
         Indonesia                        Jakarta                    Grobogan, 18 Agustus 1971                            52 Tahun
         Indonesia                        Jakarta                    Grobogan, August 18th, 1971                         52 Years Old



  Periode Menjabat                                                     Period of Service
  2022-2027 (Periode Pertama)                                          2022-2027 (First Period)

  Dasar Pengangkatan                                                   Basis of Appointment

    Diangkat untuk pertama kalinya sebagai Direktur Operasi PT            Appointed for the first time as the Managing Director of
    Kereta Api Indonesia (Persero) berdasarkan Keputusan Menteri          Operations of PT Kereta Api Indonesia (Persero) based on Minister
    BUMN No. SK-48/ MBU/02/2021 tanggal 16 Februari 2021                  of SOE Decree No. SK-48/MBU/02/2021 dated February 16th, 2021


    Diangkat menjadi Direktur Pengelolaan Prasarana PT Kereta             Appointed as the Managing Director of Infrastructure of PT
    Api Indonesia (Persero) berdasarkan Keputusan Menteri No.             Kereta Api Indonesia (Persero) based on Ministerial Decree No.
    SK-89/MBU/03/2022 tanggal 31 Maret 2022                               SK-89/MBU/03/2022 dated March 31st, 2022

  Rangkap Jabatan                                                      Concurrent Position
  Tidak Ada                                                            None

  Sertifikasi                                                          Certification
  Belum memiliki sertifikasi                                           None

  Kepemilikan Saham KAI                                                KAI Stock Ownership
  Tidak memiliki                                                       None

  Riwayat Pendidikan                                                   Educational History
    Sarjana bidang Manajemen dari Universitas Gajah Mada (1999)           Bachelor of Management from Gajah Mada University (1999)

  Riwayat Pekerjaan                                                    Career History
    Vice President Sub Divre III.2 Tanjungkarang PT Kereta Api            Vice President Sub Division III.2 Tanjungkarang PT Kereta Api
    Indonesia (Persero) (kini Divre IV Tanjungkarang) (2013-2015)         Indonesia (Persero) (now Division IV Tanjungkarang) (2013-2015)
    Direktur Utama PT Railink (2015-2019)                                 President Director of PT Railink (2015-2019)
    Plt. Executive Vice President National and Corporate Strategic        Acting Technical Executive Vice President National and Corporate
    Projects PT Kereta Api Indonesia (Persero) (2019)                     Strategic Projects PT Kereta Api Indonesia (Persero) (2019)
    Corporate Deputy Director of New Business Development PT              Corporate Deputy Director of New Business Development PT
    Kereta Api Indonesia (Persero) (2019-2020)                            Kereta Api Indonesia (Persero) (2019-2020)

    Corporate Deputy Director of Assets Development PT Kereta             Corporate Deputy Director of Assets Development PT Kereta Api
    Api Indonesia (Persero) (2020-2021)                                   Indonesia (Persero) (2020-2021)

    Direktur Pengelolaan Prasarana PT Kereta Api Indonesia                Managing Director of Infrastructure of PT Kereta Api Indonesia
    (Persero) (2022-sekarang)                                             (Persero) (2022-present)




                                                                       Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                             105
                                                                           Annual and Sustainability Report
Page 106
                               Profil Perusahaan
                               Company Profile




PROFIL DIREKSI
Board Of Directors Profile




                                                                                 EKO PURWANTO*
                                                                                 Direktur Pengelolaan Sarana
                                                                                 Managing Director of Rolling Stock


       Kewarganegaraan                        Domisili                Tempat dan Tanggal Lahir                           Usia
          Citizenship                         Domicile                  Place and Date of Birth                          Age
             Indonesia                         Jakarta                Magetan, 10 Februari 1971                       52 Tahun
             Indonesia                         Jakarta                Magetan, February 10th, 1971                   52 Years Old


 Periode Menjabat                                                       Period of Service
 2021-2023                                                              2021-2023

 Dasar Pengangkatan                                                     Basis of Appointment
      Diangkat untuk pertama kalinya sebagai Direktur Pengelolaan          Appointed for the first time as the Managing Director of Rolling
      Sarana PT Kereta Api Indonesia (Persero) berdasarkan                 Stock of PT Kereta Api Indonesia (Persero) based on Minister of
      Keputusan Menteri BUMN No. SK-48/MBU/02/2021 tanggal 16              SOE Decree No. SK-48/MBU/02/2021 dated February 16th, 2021.
      Februari 2021

 Rangkap Jabatan                                                        Concurrent Position
 Tidak Ada                                                              None

 Sertifikasi                                                            Certification
 Belum memiliki sertifikasi                                             None

 Kepemilikan Saham KAI                                                  KAI Stock Ownership
 Tidak memiliki                                                         None

 Riwayat Pendidikan                                                     Educational History
      Sarjana bidang Mesin Kapal dari Universitas Hang Tuah (1996)         Bachelor's Degree in Ship Engineering from Hang Tuah
                                                                           University (1996)

 Riwayat Pekerjaan                                                     Career History
      Executive Vice President UPT Balai Yasa Lahat PT Kereta Api          Executive Vice President of UPT Balai Yasa Lahat PT Kereta Api
      Indonesia (Persero) (2013-2015)                                      Indonesia (Persero) (2013-2015)
      Executive Vice President UPT Balai Yasa Yogyakarta PT Kereta         Executive Vice President of UPT Balai Yasa Yogyakarta PT Kereta
      Api Indonesia (Persero) (2015-2017)                                  Api Indonesia (Persero) (2015-2017)
      Corporate Deputy Director of Rolling Stock PT Kereta Api             Corporate Deputy Director of Rolling Stock of PT Kereta Api
      Indonesia (Persero) (2017-2018)                                      Indonesia (Persero) (2017-2018)

      Executive Vice President Daerah Operasi 6 Yogyakarta PT              Executive Vice President District Operations 6 Yogyakarta PT
      Kereta Api Indonesia (Persero) (2018-2020)                           Kereta Api Indonesia (Persero) (2018-2020)
      Executive Vice President Daerah Operasi 1 Jakarta PT Kereta          Executive Vice President District Operations 1 Jakarta PT Kereta
      Api Indonesia (Persero) (2020-2021)                                  Api Indonesia (Persero) (2018-2020)
      Direktur Pengelolaan Sarana PT Kereta Api Indonesia (Persero)        Managing Director of Rolling Stock of PT Kereta Api Indonesia
      (2021-2023)                                                          (Persero) (2021-2023)


      *menjabat sebagai direksi sampai dengan 15 Feb 2023
      *served as director until Feb 15, 2023




                             Laporan Tahunan dan Keberlanjutan
106                                                                                                   PT Kereta Api Indonesia (Persero)
                               Annual and Sustainability Report
Page 107
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PROFIL DIREKSI
Board Of Directors Profile




                                                               SANDRY PASAMBUNA
                                                               Direktur Keselamatan dan Keamanan
                                                               Managing Director of Safety and Security


      Kewarganegaraan                    Domisili                   Tempat dan Tanggal Lahir                              Usia
         Citizenship                     Domicile                     Place and Date of Birth                             Age
            Indonesia                     Jakarta               Kotamobagu, 8 Agustus 1967                            56 Tahun
            Indonesia                     Jakarta               Kotamobagu, August 8th, 1967                         56 Years Old


  Periode Menjabat                                                   Period of Service
  2022-2027 (Periode Pertama)                                        2022-2027 (First Period)
  Dasar Pengangkatan                                                 Basis of Appointment
    Diangkat untuk pertama kalinya sebagai Direktur Perencanaan         Appointed for the first time as the Managing Director of Strategic
    Strategis dan Pengembangan Usaha PT Kereta Api Indonesia            Planning and Business Development of PT Kereta Api Indonesia
    (Persero) berdasarkan Keputusan Menteri BUMN No. SK-89/             (Persero) based on Minister of SOE Decree No. SK-89/MBU/
    MBU/03/2022 tanggal 31 Maret 2022                                   03/2022 dated March 31st, 2022
    Diangkat sebagai Direktur Keselamatan dan Keamanan PT               Appointed as the Managing Director of Safety and Security of
    Kereta Api Indonesia (Persero) berdasarkan Keputusan Menteri        PT Kereta Api Indonesia (Persero) based on Minister of SOE
    BUMN No. SK-240/MBU/10/2022 tanggal 26 Oktober 2022                 Decree No. SK-240/MBU/10/2022 dated October 26th, 2022
  Rangkap Jabatan                                                    Concurrent Position
  Tidak Ada                                                          None
  Sertifikasi                                                        Certification
  Belum memiliki sertifikasi                                         None
  Kepemilikan Saham KAI                                              KAI Stock Ownership
  Tidak memiliki                                                     None
  Riwayat Pendidikan                                                 Educational History
    Insinyur dari Fakultas Teknik Sipil Universitas Sam Ratulangi       Engineer from the Faculty of Civil Engineering of Sam Ratulangi
    Manado (1995)                                                       Manado University (1995)
    Environmental Policy and Management, The Van Hall Institute,        Environmental Policy and Management, The Van Hall Institute,
    Belanda (2002)                                                      Netherlands (2002)
    Program Studi Program Profesi Insinyur Universitas Sam              Sam Ratulangi Manado University's Engineering Professions
    Ratulangi Manado (2020)                                             Program (2020)

    Magister Teknik Perminyakan UPN Veteran Yogyakarta (2020)           Master of Petroleum Engineering UPN Veterans Yogyakarta (2020)

  Riwayat Pekerjaan                                                  Career History
    Head of Project Delivery di PHE-WMO dan Commissioning &             Head of Project Delivery at PHE-WMO and Commissioning &
    Quality Control Manager di PHE-ONWJ (2011-2018)                     Quality Control Manager at PHE-ONWJ (2011-2018)
    Commissioning & Quality Control Manager di PHE-ONWJ (2018-          Commissioning & Quality Control Manager at PHE-ONWJ (2018-
    2020)                                                               2020)
    Direktur Komersial dan Pengembangan Usaha Perum DAMRI               Commercial Director and Residential Enterprise Development
    (2020-2022)                                                         DAMRI (2020-2022)
    Direktur Perencanaan Strategis dan Pengembangan Usaha               Managing Director of Strategic Planning and Business
    PT Kereta Api Indonesia (Persero) (2022).                           Development of PT Kereta Api Indonesia (Persero) (2022).
    Direktur Keselamatan dan Keamanan PT Kereta Api Indonesia           Managing Director of Safety and Security of PT Kereta Api
    (Persero) (2022-sekarang)                                           Indonesia (Persero) (2022-present)




                                                                      Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                            107
                                                                          Annual and Sustainability Report
Page 108
                             Profil Perusahaan
                             Company Profile




PROFIL DIREKSI
Board Of Directors Profile




                                                                            SUPARNO
                                                                            Direktur SDM dan Umum
                                                                            Managing Director of Human Capital & General Affairs


       Kewarganegaraan                     Domisili                 Tempat dan Tanggal Lahir                             Usia
          Citizenship                      Domicile                   Place and Date of Birth                            Age
            Indonesia                      Bandung                  Sragen, 25 Februari 1967                         56 Tahun
            Indonesia                      Bandung                  Sragen, February 25th, 1967                     56 Years Old


 Periode Menjabat                                                    Period of Service
 2022-2027 (Periode Pertama)                                         2022-2027 (First Period)
 Dasar Pengangkatan                                                  Basis of Appointment
      Diangkat untuk pertama kalinya sebagai Direktur SDM dan           Appointed for the first time as the Managing Director of Human
      Umum PT Kereta Api Indonesia (Persero) berdasarkan                Resources and General Affairs of PT Kereta Api Indonesia
      Keputusan Menteri BUMN No. SK-89/MBU/03/2022 tanggal 31           (Persero) based on Minister of SOE Decree No. SK-89/MBU/
      Maret 2022                                                        03/2022 dated March 31st, 2022
 Rangkap Jabatan                                                     Concurrent Position
 Tidak Ada                                                           None
 Sertifikasi                                                         Certification
 Belum memiliki sertifikasi                                          None
 Kepemilikan Saham KAI                                               KAI Stock Ownership
 Tidak memiliki                                                      None
 Riwayat Pendidikan                                                  Educational History
      Sarjana bidang Teknik Sipil dari Universitas Negeri Sebelas       Bachelor of Civil Engineering from Sebelas Maret State University
      Maret (1993)                                                      (1993)

      Master bidang Teknik Perkeretaapian dari Institut Teknologi       Bachelor of Civil Engineering from Sebelas Maret State University
      Bandung (2001)                                                    (1993)

 Riwayat Pekerjaan                                                   Career History
      Vice President IT Planning and Governance (2018)                  Vice President of IT Planning and Governance (2018)
      Vice President Pengadaan Barang dan jasa (2019-2020)              Vice President of Procurement of freight and Services (2019-2020)
      Vice President Facility and Bridge (2020)                         Corporate Deputy Director of Logistic (2022)

      Direktur SDM dan Umum PT Kereta Api Indonesia (Persero)           Managing Director of Human Capital & General Affairs of PT Kereta
      (2022-sekarang)                                                   Api Indonesia (Persero) (2022-present)




                           Laporan Tahunan dan Keberlanjutan
108                                                                                                PT Kereta Api Indonesia (Persero)
                             Annual and Sustainability Report
Page 109
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PROFIL DIREKSI
Board Of Directors Profile




                                                               JOHN ROBERTHO
                                                               Direktur Perencanaan Strategis dan Pengelolaan Sarana
                                                               Managing Director of Strategic Planning and Rolling Stock Management


      Kewarganegaraan                       Domisili                  Tempat dan Tanggal Lahir                               Usia
         Citizenship                        Domicile                    Place and Date of Birth                              Age

           Indonesia                        Jakarta                    Martebing, 23 April 1963                          60 Tahun
           Indonesia                        Jakarta                    Martebing, April 23rd, 1963                      60 Years Old


  Periode Menjabat                                                      Period of Service
  28 November 2023-sekarang                                             November 28th, 2023-present
  Dasar Pengangkatan                                                    Basis of Appointment
    Diangkat untuk pertama kalinya sebagai Direktur Perencanaan            Appointed for the first time as the Managing Director of Strategic
    Strategis dan Pengembangan Usaha PT Kereta Api Indonesia               Planning and Business Development of PT Kereta Api Indonesia
    (Persero) berdasarkan Keputusan Menteri BUMN No. SK-240/               (Persero) based on Minister of SOE Decree No. SK-240/MBU/
    MBU/10/2022 tanggal 26 Oktober 2022 dan selanjutnya                    10/2022 dated October 26th, 2022, and subsequently reassigned
    dilakukan      pengalihan     penugasan      menjadi   Direktur        to the position of Managing Director of Strategic Planning and
    Perencanaan Strategis dan Pengelolaan Sarana yang diangkat             Rolling Stock based on Minister of SOE Decree No. SK170/MBU/
    berdasarkan Keputusan Menteri BUMN Nomor SK170/MBU/                    08/2019 dated August 2nd, 2019. No. SK-240/MBU/10/2022 dated
    08/2019 tanggal 2 Agustus 2019. Nomor SK-240/MBU/10/2022               October 26th, 2022, with the term of office continuing the
    tanggal 26 Oktober 2022 dengan masa jabatan meneruskan                 remainder of the term based on the Minister of SOE Decree
    sisa masa jabatan berdasarkan Keputusan Menteri BUMN
    tersebut
  Rangkap Jabatan                                                       Concurrent Position
  Tidak Ada                                                             None
  Sertifikasi                                                           Certification
  Belum memiliki sertifikasi                                            None
  Kepemilikan Saham KAI                                                 KAI Stock Ownership
  Tidak memiliki                                                        None
  Riwayat Pendidikan                                                    Educational History
    Sarjana     bidang   Teknik   Mesin   dari   Universitas   HKBP        Bachelor of Science in Mechanical Engineering from HKBP
    Nommensen (1989)                                                       Nommensen University (1989)
  Riwayat Pekerjaan                                                     Career History
    Direktur Teknik KAI Commuter Jabotabek (2014-2016)                     Technical Director of KAI Commuter Jabotabek (2014-2016)
    Executive Vice President Daerah Operasi I Jakarta PT Kereta            Executive Vice President Regional Operations I Jakarta PT Kereta
    Api Indonesia (Persero) (2016-2017)                                    Api Indonesia (Persero) (2016-2017)
    Corporate Deputy Director of Freight Marketing and Sales, PT           Corporate Deputy Director of Freight Marketing and Sales of PT
    Kereta Api Indonesia (Persero) (2017)                                  Kereta Api Indonesia (Persero) (2017)
    Executive Vice President Divisi Light Rail Transit Jabodebek           Executive Vice President Divisi Light Rail Transit Jabodebek (2017-
    (2017-2019)                                                            2019)
    Pelaksana Tugas Direktur Teknik PT Kereta Commuter                     Acting Technical Director of PT Kereta Commuter Indonesia
    Indonesia (2019)                                                       (2019)
    Direktur Keselamatan dan Keamanan PT Kereta Api Indonesia              Managing Director of Safety and Security PT Kereta Api Indonesia
    (Persero) (2019-2022)                                                  (Persero) (2019-2022)




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PT Kereta Api Indonesia (Persero)                                                                                                                109
                                                                            Annual and Sustainability Report
Page 110
                              Profil Perusahaan
                              Company Profile




PROFIL DIREKSI
Board Of Directors Profile




                                                                   SALUSRA WIJAYA
                                                                   Direktur Keuangan dan Manajemen Risiko
                                                                   Managing Director of Finance and Risk Management


       Kewarganegaraan                      Domisili                 Tempat dan Tanggal Lahir                             Usia
          Citizenship                       Domicile                   Place and Date of Birth                            Age

            Indonesia                       Jakarta                    Padang, 19 April 1963                          60 Tahun
            Indonesia                       Jakarta                    Padang, April 19th, 1963                      60 Years Old


 Periode Menjabat                                                      Period of Service
 2020-2025 (Periode Pertama)                                           2020-2025 (First Period)
 Dasar Pengangkatan                                                    Basis of Appointment
      Diangkat untuk pertama kalinya sebagai Direktur Keuangan            Appointed for the first time as the Managing Director of Finance
      dan Manajemen Risiko PT Kereta Api Indonesia (Persero)              and Risk Management of PT Kereta Api Indonesia (Persero)
      berdasarkan Keputusan Menteri BUMN No. SK-151/MBU/05/2021           based on Minister of State-Owned Enterprises Decree No. SK-
      tanggal 19 Mei 2021                                                 236/MBU/07/2020 dated May 19th, 2021
 Rangkap Jabatan                                                       Concurrent Position
 Tidak Ada                                                             None
 Sertifikasi                                                           Certification
 Penasehat Investasi diterbitkan oleh Bapepam, Komite Profesi          Investment Adviser published by Bapepam, Capital Market
 Standard Pasar Modal (1995)                                           Professional Standards Committee (1995)
 Kepemilikan Saham KAI                                                 KAI Stock Ownership
 Tidak memiliki                                                        None
 Riwayat Pendidikan                                                    Educational History
      Sarjana bidang Akuntansi dari Universitas Indonesia (1988)          Bachelor of Accounting from Universitas Indonesia (1988)
      MBA in International Banking & Finance di Birmingham                MBA in International Banking & Finance di Birmingham Business
      Business School, University of Birmingham, Inggris (1997)           School, University of Birmingham, Inggris (1997)

 Riwayat Pekerjaan                                                    Career History
      President Director PT Indonesia Kendaraan Terminal Tbk (PT          President Director of PT Indonesia Kendaraan Terminal Tbk (PT
      Pelindo II Group) (2018-2019)                                       Pelindo II Group) (2018-2019)

      Finance & Human Resources Director di PT Pelabuhan Tanjung          Finance & Human Resources Director of PT Pelabuhan Tanjung
      Priok (PT Pelindo II Group) (2019-2020)                             Priok (PT Pelindo II Group) (2019-2020)

      Direktur Keuangan dan Manajemen Risiko PT Kereta Api                Managing Director of Finance and Risk Management of PT Kereta
      Indonesia (Persero) (2020-sekarang)                                 Api Indonesia (Persero) (2020-present)




                            Laporan Tahunan dan Keberlanjutan
110                                                                                                  PT Kereta Api Indonesia (Persero)
                              Annual and Sustainability Report
Page 111
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PROFIL DIREKSI
Board Of Directors Profile




                                                            RUDI AS ATURRIDHA
                                                            Direktur Pengembangan Usaha & Kelembagaan
                                                            Managing Director of Business Development and Institutional Relations


      Kewarganegaraan                     Domisili                   Tempat dan Tanggal Lahir                             Usia
         Citizenship                      Domicile                     Place and Date of Birth                            Age
              Indonesia                   Jakarta                    Lombok Timur, 2 Juni 1972                         51 Tahun
              Indonesia                   Jakarta                    East Lombok, June 2nd, 1972                      51 Years Old

  Periode Menjabat                                                     Period of Service
  2023 - sekarang (periode pertama)                                    2023 - Present (First Period)
  Dasar Pengangkatan                                                   Basis of Appointment
    Diangkat      untuk   pertama    kalinya   sebagai    Direktur        Appointed for the first time as the Director of Business
    Pengembangan Usaha & Kelembagaan PT Kereta Api                        Development & Institutional Relations of PT Kereta Api Indonesia
    Indonesia (Persero) berdasarkan Keputusan Menteri BUMN                (Persero) based on Minister of SOE Decree No. SK-322/MBU/
    No. SK-322/MBU/11/2023                                                11/2023
  Rangkap Jabatan                                                      Concurrent Position
  Tidak Ada                                                            None

  Sertifikasi                                                          Certification
     Competency Based Interview, Mandiri University – Jakarta             Competency Based Interview, Mandiri University – Jakarta (2017)
     (2017)

     Sertifikasi Manajemen Risiko Level 3, LSPP – Jakarta (2012)          Level 3 Risk Management Certification, LSPP – Jakarta (2012)

  Kepemilikan Saham KAI                                                KAI Stock Ownership
  Tidak memiliki                                                       None
  Riwayat Pendidikan                                                   Educational History

    Calon Magister Ekonomi Universitas Trisakti 2022 – Sekarang           Master Degree Candidate Trisakti University 2022 – Present

    Sarjana Ekonomi Universitas Trisakti 1991 – 1996                      Bachelor of Economic Trisakti University 1991 – 1996

  Riwayat Pekerjaan                                                    Career History
    Direktur Pengembangan Usaha dan Kelembagaan (November                 Managing Director of Business Development and Institutional
    2023 – sekarang)                                                      Relations (November 2023 - present)
    Group Head Corporate Secretary Bank Mandiri (2020-                    Group Head Corporate Secretary Bank Mandiri (2020- November
    November 2023)                                                        2023)
    Department Head Corporate Communication Bank Mandiri                  Department Head Corporate Communication Bank Mandiri
    (2019-2020)                                                           (2019-2020)
    Area Head Yogyakarta Bank Mandiri (2017-2019)                         Area Head Bank Mandiri Yogyakarta (2017-2019)




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PT Kereta Api Indonesia (Persero)                                                                                                            111
                                                                           Annual and Sustainability Report
Page 112
                           Profil Perusahaan
                           Company Profile




HUBUNGAN AFILIASI ANGGOTA DIREKSI
Affiliation of the Board of Directors

KAI memastikan bahwa masing-masing anggota Direksi                      KAI ensures that each member of the Board of Directors
tidak memiliki hubungan afiliasi, baik berupa hubungan                  does not have any affiliation, whether in the form of
keuangan maupun keluarga, dengan anggota Dewan                          financial or familial relationships, with members of the
Komisaris, sesama anggota Direksi, ataupun pemegang                     Board of Commissioners, fellow members of the Board
saham dan pengendali Perseroan. Selain itu, anggota                     of Directors, or shareholders and controllers of the
Direksi juga dipastikan tidak memiliki hubungan                         Company. Additionally, members of the Board of Directors
kepengurusan dalam bentuk apa pun yang dapat                            are also ensured not to have any management
mengganggu independensi dan/atau berpotensi                             relationships in any form that could compromise
menghadirkan benturan kepentingan dalam pelaksanaan                     independence and/or potentially create conflicts of
tugas dan tanggung jawab masing-masing.                                 interest in the execution of their respective duties and
                                                                        responsibilities.

KAI menjamin bahwa seluruh anggota Direksi dapat                        KAI ensures that all members of the Board of Directors
senantiasa bertindak independen dan terbebas dari                       can always act independently and free from intervention.
intervensi. Hal tersebut dilaksanakan dalam rangka                      This is done to ensure the objectivity of the Board of
menjamin terjaganya objektivitas Direksi dalam                          Directors in carrying out their duties and responsibilities
menjalankan tugas dan tanggung jawabnya dalam                           in managing the Company.
mengelola Perseroan.


HUBUNGAN AFILIASI DIREKSI TAHUN 2023                                    DIRECTOR’S AFFILIATE RELATIONSHIP 2023

                                               Hubungan Keuangan Dengan                     Hubungan Keuangan Dengan
                                                Financial Relationship With                  Financial Relationship With
                                                                                                                                 Hubungan
                                                                       Pemegang                                      Pemegang Kepengurusan
                                         Dewan                                        Dewan                                      Managerial
                                                                         Saham                                         Saham
      Nama             Jabatan          Komisaris         Direksi                    Komisaris         Direksi                    Relation
                                                                       Pengendali                                    Pengendali
      Name             Position          Board of        Directors                    Board of        Directors
                                                                       Controlling                                   Controlling
                                      Commissioners                                Commissioners
                                                                      Shareholders                                  Shareholders


                                       Ya       Tidak   Ya    Tidak   Ya      Tidak   Ya     Tidak   Ya     Tidak   Ya     Tidak   Ya    Tidak
                                       Yes       No     Yes    No     Yes      No     Yes     No     Yes     No     Yes     No     Yes    No


 Didiek          Direktur Utama
                                        -         ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓       -     ✓
 Hartantyo       President Director

                 Direktur Niaga
 Hadis Surya
                 Managing Director      -         ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓       -     ✓
 Palapa
                 of Commerce

 Awan            Direktur Operasi
 Hermawan        Managing Director      -         ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓       -     ✓
 Purwadinata     of Operation

                 Direktur
                 Pengelolaan
 Heru Kuswanto   Prasarana              -         ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓       -     ✓
                 Managing Director
                 of Infrastructure

                 Direktur
                 Pengelolaan Sarana
 Eko Purwanto                           -         ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓       -     ✓
                 Managing Director
                 of Rolling Stock

                 Direktur
                 Perencanaan
                 Strategis dan
                 Pengelolaan Sarana
 John Robertho   Managing Director      -         ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓       -     ✓
                 of Strategic
                 Planning and
                 Rolling Stock
                 Management

                 Direktur SDM dan
                 Umum
 Suparno         Managing Director      -         ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓       -     ✓
                 of Human Capital &
                 General Affairs




                        Laporan Tahunan dan Keberlanjutan
112                                                                                                       PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 113
                                      Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                         Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                Hubungan Keuangan Dengan                     Hubungan Keuangan Dengan
                                                 Financial Relationship With                  Financial Relationship With
                                                                                                                                 Hubungan
                                                                          Pemegang                                   Pemegang Kepengurusan
                                           Dewan                                         Dewan                                   Managerial
                                                                            Saham                                      Saham
     Nama               Jabatan           Komisaris         Direksi                     Komisaris       Direksi                   Relation
                                                                          Pengendali                                 Pengendali
     Name               Position           Board of        Directors                     Board of      Directors
                                                                          Controlling                                Controlling
                                        Commissioners                                 Commissioners
                                                                         Shareholders                               Shareholders


                                          Ya     Tidak     Ya    Tidak   Ya    Tidak   Ya     Tidak   Ya    Tidak   Ya      Tidak   Ya    Tidak
                                          Yes     No       Yes    No     Yes    No     Yes     No     Yes    No     Yes      No     Yes    No


                  Direktur
                  Perencanaan
                  Strategis dan
                  Pengembangan
 Sandry           Usaha
                                           -       ✓        -     ✓        -     ✓      -       ✓      -     ✓       -       ✓       -     ✓
 Pasambuna        Managing Director
                  of Strategic
                  Planning and
                  Business
                  Development

                  Direktur Keuangan
                  dan Manajemen
                  Risiko
 Salusra Wijaya                            -       ✓        -     ✓        -     ✓      -       ✓      -     ✓       -       ✓       -     ✓
                  Managing Director
                  of Finance and Risk
                  Management

                  Direktur
                  Pengembangan
                  Usaha dan
                  Kelembagaan
 Rudi As
                  Managing Director        -       ✓        -     ✓        -     ✓      -       ✓      -     ✓       -       ✓       -     ✓
 Aturridha
                  of Business
                  Development and
                  Institutional
                  Relations




PERUBAHAN KOMPOSISI ANGGOTA DIREKSI DAN
ALASAN PERUBAHANNYA
Changes In Composition Of The Board Of Directors And The Reason

Pada tahun 2023, komposisi Direksi Perseroan mengalami                     In 2023, the composition of the Company’s Board of
2 (dua) perubahan yang dilakukan berdasarkan                               Directors underwent 2 (two) changes based on the Decree
Keputusan Menteri BUMN selaku RUPS Perseroan Nomor                         of the Minister of State-Owned Enterprises as the General
SK-27/ MBU/02/2023 tentang Pemberhentian, Pengalihan                       Meeting of Shareholders of the Company Number SK-27/
Tugas, dan Pengangkatan Anggota-Anggota Direksi                            MBU/02/2023 concerning Dismissal, Reassignment, and
Perusahaan Perseroan (Persero) PT Kereta Api Indonesia                     Appointment of Members of the Board of Directors of
tanggal 15 Februari 2023, serta Keputusan Menteri BUMN                     the Company (Persero) PT Kereta Api Indonesia dated
selaku RUPS Perseroan Nomor SK-322/MBU/11/2023                             February 15 th, 2023, as well as the Decree of the Minister
tentang Pengalihan Tugas Anggota-Anggota Direksi                           of State-Owned Enterprises as the General Meeting of
Perusahaan Perseroan (Persero) PT Kereta Api Indonesia                     Shareholders of the Company Number SK-322/MBU/
tanggal 28 November 2023, dengan alasan penataan                           11/2023 concerning Reassignment of Members of the
susunan anggota Direksi. Atas perubahan tersebut,                          Board of Directors of the Company (Persero) PT Kereta
komposisi Direksi pada 31 Desember 2023 terdiri atas 9                     Api Indonesia dated November 28th, 2023, for the purpose
(sembilan) anggota, yang seluruhnya telah dinyatakan                       of restructuring the composition of the Board of Directors.
lulus Uji Kelayakan dan Kepatutan (UKK) oleh                               As a result of these changes, the composition of the Board
Kementerian BUMN.                                                          of Directors as of December 31st, 2023, consisted of 9 (nine)
                                                                           members, all of whom have been declared to have passed
                                                                           the Fit and Proper Test by the Ministry of State-Owned
                                                                           Enterprises.




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PT Kereta Api Indonesia (Persero)                                                                                                                 113
                                                                              Annual and Sustainability Report
Page 114
                           Profil Perusahaan
                           Company Profile




PERUBAHAN KOMPOSISI ANGGOTA DIREKSI                            CHANGES IN THE COMPOSITION OF THE
TAHUN 2023                                                     BOARD OF DIRECTORS IN 2023

                                  1 Januari -               15 Febuari-                   28 November -
        Uraian                 15 Febuari 2023          28 November 2023                31 Desember 2023
      Description                January 1 st -           February 15 th -               November 28 th -
                              February 15 th 2023       November 28 th, 2023            December 31 st, 2023

                             Keputusan Menteri
                             BUMN N0. SK-240/       Keputusan Menteri BUMN     Keputusan Menteri BUMN No. SK-322/
 Dasar Pengangkatan          MBU/10/2022            No. SK-27/MBU/02/2023      MBU/11/2023
 Basis of Appointment        SOE Ministerial        SOE Ministerial Decision   SOE Ministerial Decision No. SK-322/
                             Decision No. SK-240/   No. SK-27/MBU/02/2023      MBU/11/2023
                             MBU/10/2022

 Direktur Utama                                                                Direktur Utama            Didiek
                             Didiek Hartantyo       Didiek Hartantyo
 President Director                                                            President Director        Hartantyo

 Direktur Niaga                                                                Direktur Niaga
                                                                                                         Hadis Surya
 Managing Director of        Hadis Surya Palapa     Hadis Surya Palapa         Managing Director of
                                                                                                         Palapa
 Commerce                                                                      Commerce

                                                    Awan Hermawan                                        Awan
 Direktur Operasi                                                              Direktur Operasi
                             Awan Hermawan          Purwadinata                                          Hermawan
 Managing Director of                                                          Managing Director of
                             Purwadinata                                                                 Purwadinata
 Operation                                                                     Operation

 Direktur Pengelolaan                                                          Direktur Pengelolaan
 Prasarana                                                                     Prasarana
                             Heru Kuswanto          Heru Kuswanto                                        Heru Kuswanto
 Managing Director of                                                          Managing Director of
 Infrastructure                                                                Infrastructure

                                                                               Direktur
                                                                               Pengembangan
 Direktur Pengelolaan                                                          Usaha &
 Sarana                                                                        Kelembagaan               Rudi As
                             Eko Purwanto           -
 Managing Director of                                                          Managing Director of      Aturridha
 Rolling Stock                                                                 Business
                                                                               Development and
                                                                               Institutional Relations

 Direktur Keselamatan                                                          Direktur Keselamatan
 dan Keamanan                                                                  dan Keamanan              Sandry
                             Sandry Pasambuna       Sandry Pasambuna
 Managing Director of                                                          Managing Director of      Pasambuna
 Safety and Security                                                           Safety and Security

                                                                               Direktur SDM dan
 Direktur SDM dan
                                                                               Umum
 Umum
                                                                               dan Umum                  Suparno
 Managing Director of        Suparno                Suparno
                                                                               Managing Director of
 Human Capital &
                                                                               Human Capital &
 General Affairs
                                                                               General Affairs

                                                                               Direktur Perencanaan
 Direktur Perencanaan
                                                                               Strategis dan
 Strategis dan
                                                                               Pengelolaan Sarana
 Pengembangan Usaha
                             John Robertho          John Robertho              Managing Director of      John Roberto
 Managing Director of
                                                                               Strategic Planning
 Strategic Planning and
                                                                               and Rolling Stock
 Business Development
                                                                               Management

                                                                               Direktur Keuangan
 Direktur Keuangan dan
                                                                               dan Manajemen
 Manajemen Risiko
                                                                               Risiko
 Managing Director of        Salusra Wijaya         Salusra Wijaya                                       Salusra Wijaya
                                                                               Managing Director of
 Finance and Risk
                                                                               Finance and Risk
 Management
                                                                               Management


Perubahan komposisi anggota Direksi KAI disebabkan             The change in the composition of members of the KAI
oleh penataan ulang susunan anggota Direksi.                   Board of Directors was caused by a rearrangement of
                                                               the composition of the Board of Directors.




                          Laporan Tahunan dan Keberlanjutan
114                                                                                   PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 115
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PROFIL DEWAN KOMISARIS
Board of Commissioners Profile




                                                                             SAID AQIL SIROJ
                                                                             Komisaris Utama/Komisaris Independen
                                                                             Chief Commissioner/Independent Commissioner


      Kewarganegaraan                   Domisili                   Tempat dan Tanggal Lahir                           Usia
         Citizenship                    Domicile                    Place and Date of Birth                           Age
           Indonesia                     Jakarta                     Cirebon, 3 Juli 1953                          70 Tahun
           Indonesia                     Jakarta                     Cirebon, July 3rd, 1953                      70 Years Old

  Periode Menjabat                                                  Period of Service
  2021-2026 (Periode Pertama)                                       2021-2026 (First Period)
  Dasar Pengangkatan                                                Basis of Appointment
    Diangkat untuk pertama kalinya sebagai Komisaris Utama/            Appointed for the first time as President Commissioner/
    Komisaris Independen PT Kereta Api Indonesia (Persero)             Independent Commissioner of PT Kereta Api Indonesia
    berdasarkan Keputusan Menteri BUMN No. SK-64/ MBU/                 (Persero) based on Decree of the Minister of SOE No. SK-64/
    03/2021 tanggal 3 Maret 2021                                       MBU/03/2021 dated March 3rd, 2021
  Rangkap Jabatan                                                    Concurrent Position
    Vice President Religions for Peace (2019-sekarang)                 Vice President Religions for Peace (2019-present)
    Ketua Komite Nominasi dan Remunerasi KAI                           Chairman of the KAI Nomination and Remuneration Committee
    Anggota BPIP (Badan Pengkajian Ideologi Pancasila) RI (2017-       Member of BPIP (Pancasila Ideology Study Agency) RI (2017-
    sekarang)                                                          present)
    Pengasih Ponpes Luhur Al Tsaqafah, Ciganjur, Jagakarsa,            Compassionate Islamic Boarding School Luhur Al Tsaqafah,
    Jakarta Selatan (2013-sekarang)                                    Ciganjur, Jagakarsa, South Jakarta (2013-present)
    Penasihat Dosen Mata Kuliah MKDU Ubaya Surabaya (1998-             Ubaya Surabaya MKDU Lecturer Advisor (1998-present)
    sekarang)
    Dosen Pascasarjana UI, UIN Syarif Hidayatullah Jakarta &           UI Postgraduate Lecturer, UIN Syarif Hidayatullah Jakarta &
    Universitas Islam Malang (1995-sekarang)                           Islamic University of Malang (1995-present)
  Sertifikasi                                                       Certification
  Onboarding Commissioner of State-Owned Enterprise Program         Onboarding Commissioner of State-Owned Enterprise Program
  (2022)                                                            (2022)
  Kepemilikan Saham KAI                                             KAI Stock Ownership
  Tidak memiliki                                                    None
  Riwayat Pendidikan                                                Educational History
    Sarjana bidang Ushuluddin dan Dakwah Fakultas Syari’ah dari        Bachelor of Arts in Ushuluddin and Dakwah of the Syrian Faculty
    Universitas King Abdul Aziz cabang Mekkah (1982)                   of King Abdul Aziz University of Mecca (1982)
    Master bidang Perbandingan Agama Fakultas Ushuluddin dari          Master of Comparative Religion of Ushuluddin Faculty of Umm
    Universitas Umm al-Qura Mekkah (1987)                              al-Qura University of Mecca (1987)
    Doktor bidang Aqidah/Filsafat Islam Fakultas Ushuluddin dari       PhD in Aqidah/Islamic Philosophy Ushuluddin Faculty of Umm
    Universitas Umm al-Qura Mekkah (1994)                              al-Qura University of Mecca (1994).
   Riwayat Pekerjaan                                                 Career History
    Guru Besar Bidang Tasawuf IAIN Sunan Ampel – Surabaya (2014)       Professor of Sufism IAIN Sunan Ampel – Surabaya (2014)

    Ketua Majelis Wali Amanat Universitas Indonesia (2012-2015)        Chairman of the General Assembly of Governors of the University
                                                                       of Indonesia (2012-2015)
    Komisaris Independen PT Pelabuhan Tanjung Priok (Pelindo           Independent Commissioner PT Port of Tanjung Priok (Pelindo
    II Group) (2012-2019)                                              II Group) (2012-2019)
    Komisaris Independen PT Rumah Sakit Pelabuhan (Pelindo II          Independent Commissioner of the Port Hospital (Pelindo II
    Group) (2019-2020)                                                 Group) (2019-2020)
    Ketua Umum PBNU (2010 – 2021)                                      Chairman of PBNU (2010 – 2021)
    Anggota BPIP (Badan Pengkajian Ideologi Pancasila) RI (2017-       Member of BPIP (Pancasila Ideological Review Board) RI (2017-
    sekarang)                                                          sekarang)
    Vice President Religions for Peace (2019-sekarang)                 Vice President Religions for Peace (2019-present)
    Komisaris Utama/Komisaris Independen PT Kereta Api                 Chief Commissioner/Independent Commissioner of PT Kereta
    Indonesia (Persero) (2021-Sekarang).                               Api Indonesia (Persero) (2021-Present)




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                                                                        Annual and Sustainability Report
Page 116
                              Profil Perusahaan
                              Company Profile




PROFIL DEWAN KOMISARIS
Board of Commissioners Profile




                                                                                        ROCHADI
                                                                                        Komisaris Independen
                                                                                        Independent Commissioner


       Kewarganegaraan                     Domisili                   Tempat dan Tanggal Lahir                            Usia
          Citizenship                      Domicile                    Place and Date of Birth                            Age
            Indonesia                      Jakarta                      Jakarta, 1 Juni 1962                           61 Tahun
            Indonesia                      Jakarta                      Jakarta, June 1st, 1962                       61 Years Old


 Periode Menjabat                                                      Period of Service
 2021-2026 (Periode Pertama)                                           2021-2026 (First Period)

 Dasar Pengangkatan                                                    Basis of Appointment
      Diangkat untuk pertama kalinya sebagai Komisaris Independen         Appointed for the first time as an Independent Commissioner
      PT Kereta Api Indonesia (Persero) berdasarkan Keputusan             of PT Kereta Api Indonesia (Persero) based on Minister of State-
      Menteri BUMN No. SK-64/ MBU/03/2021 tanggal 3 Maret 2021            Owned Enterprises Decree No. SK-64/MBU/03/2021 dated March
                                                                          3rd, 2021.
 Rangkap Jabatan                                                       Concurrent Position
 Anggota Komite Audit PT Kereta Api Indonesia (Persero) (2021-         Audit Committee member of PT Kereta Api Indonesia (Persero)
 Sekarang)                                                             (2021-Present)
 Sertifikasi                                                           Certification
 Onboarding Commissioner of State-Owned Enterprise Program             Onboarding Commissioner of State-Owned Enterprise Program
 (2021)                                                                (2021)
 Kepemilikan Saham KAI                                                 KAI Stock Ownership
 Tidak memiliki                                                        None
 Riwayat Pendidikan                                                    Educational History
      Akademi Militer (1986)                                              Military Academy (1986)
      Sussarcab Infanteri (1986)                                          Infantry Sussarcab (1986)
      Suslapa I (1991)                                                    Suslapa I (1991)
      Suslapa II (1995)                                                   Suslapa II (1995)
      Seskoad (2000).                                                     Seskoad (2000)

 Riwayat Pekerjaan                                                     Career History
      Dandim 0616/Indramayu (2003)                                        Dandim 0616/Indramayu (2003)
      Waasops Kasdam III/SLW (2007)                                       Waasops Kasdam III/SLW (2007)
      Aster Kasdam III/SlW (2011)                                         Aster Kasdam III/SlW (2011)
      Danbrigif 19/KT Dam XII/TPR (2010)                                  Danbrigif 19/KT Dam XII/TPR (2010)
      Danrem 044/Gapo Dam II/SWJ (2013)                                   Danrem 044/Gapo Dam II/SWJ (2013)
      Irdam III/SLW (2014)                                                Irdam III/SLW (2014)
      Paban Sahli Kasad Bidang Orkes Sahli Kasad (2015)                   Paban Sahli Kasad Orchestra Head Sahli Kasad (2015)
      Danpusdikter Pusterad (2016)                                        Danpusdikter Pusterad (2016)
      Direktur A Bais TNI (2018)                                          Director of A Bais TNI (2018)
      Dankoopssus TNI (2019)                                              Dankoopssus TNI (2019)
      Komisaris Independen PT Kereta Api Indonesia (Persero) (2021-       Independent Commissioner of PT Kereta Api Indonesia
      sekarang).                                                          (Persero) (2021-present)




                           Laporan Tahunan dan Keberlanjutan
116                                                                                                   PT Kereta Api Indonesia (Persero)
                             Annual and Sustainability Report
Page 117
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                     Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PROFIL DEWAN KOMISARIS
Board of Commissioners Profile




                                                                                      RIZA PRIMADI
                                                                                      Komisaris Independen
                                                                                      Independent Commissioner


      Kewarganegaraan                    Domisili                   Tempat dan Tanggal Lahir                              Usia
         Citizenship                     Domicile                    Place and Date of Birth                              Age
           Indonesia                     Jakarta                    Jakarta, 7 September 1961                           62 Tahun
           Indonesia                     Jakarta                    Jakarta, September 7th, 1961                       62 Years Old

  Periode Menjabat                                                   Period of Service
  2021-2026 (Periode Pertama)                                        2021-2026 (First Period)
  Dasar Pengangkatan                                                 Basis of Appointment
    Diangkat untuk pertama kalinya sebagai Komisaris Independen         Appointed for the first time as an Independent Commissioner
    PT Kereta Api Indonesia (Persero) berdasarkan Keputusan             of PT Kereta Api Indonesia (Persero) based on Minister of State-
    Menteri SOE No. SK-64/ MBU/03/2021 tanggal 3 Maret 2021             Owned Enterprises Decree No. SK-64/MBU/03/2021 dated March
                                                                        3rd, 2021.
  Rangkap Jabatan                                                    Concurrent Position
    CEO PT Content Creative Indonesia (2010-Sekarang)                   CEO PT Content Creative Indonesia (2010-Present)

    Ketua Komite Audit PT Kereta Api Indonesia (Persero) (2021-         Chairman of the Audit Committee of PT Kereta Api Indonesia
    Sekarang)                                                           (Persero) (2021-Present)
  Sertifikasi                                                        Certification
    Business Analytics, Judge Business School, University of            Data Analytics, Sloane School of Management, Massachusetts
    Cambridge, UK (2020)                                                Institute of Technology (MIT), USA (2020)

    Audit Committees in a New Era of Governance, Harvard                Data Analysis for Management, The London School of Economics
    Business School, USA (2022)                                         and Political Science, UK (2022)

  Kepemilikan Saham KAI                                              KAI Stock Ownership
  Tidak memiliki                                                     None
  Riwayat Pendidikan                                                 Educational History
    Sarjana Sains bidang Matematika dan IPA dari Universitas            Bachelor of Science in Mathematics and IPA from the University
    Indonesia (1986)                                                    of Indonesia (1986)

    Post Graduate in Science Communications, University of              Post Graduate in Science Communications, University of London,
    London, Birbeck College (1994)                                      Birbeck College (1994)

    Transitional Democracy (Chevening Awards), University of            Transitional Democracy (Chevening Awards), University of
    Birmingham, UK (2000)                                               Birmingham, UK (2000)

  Riwayat Pekerjaan                                                  Career History
    Dosen Departemen Ilmu Komunikasi FISIP UI (1988-2008)               Lecturer, Department of Communication Sciences FISIP UI (1988-
                                                                        2008)
    News and Corporate Affairs Director, Trans TV (2000-2005)           News and Corporate Affairs Director, Trans TV (2000-2005)
    News Director, PT Adi Karya Visi (2005-2008)                        News Director, PT Adi Karya Visi (2005-2008)

    News Advisor, Astro Awani Malaysia (2009-2010)                      News Advisor, Astro Awani Malaysia (2009-2010)

    Staf Khusus Menteri BUMN (2015-2017)                                SOE Minister's Special Staff (2015-2017)

    Komisaris Independen PT Kereta Api Indonesia (Persero) (2021-       Independent Commissioner of PT Kereta Api Indonesia
    Sekarang)                                                           (Persero) (2021-Present)




                                                                     Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                          117
                                                                         Annual and Sustainability Report
Page 118
                                 Profil Perusahaan
                                 Company Profile




PROFIL DEWAN KOMISARIS
Board of Commissioners Profile




                                                                                  MOHAMAD RISAL WASAL
                                                                                  Komisaris
                                                                                  Commissioner


       Kewarganegaraan                           Domisili                 Tempat dan Tanggal Lahir                               Usia
          Citizenship                            Domicile                  Place and Date of Birth                               Age

               Indonesia                         Jakarta                     Jakarta, 8 Juni 1967                            56 Tahun
               Indonesia                         Jakarta                    Jakarta, June 8th, 1967                         56 Years Old

 Periode Menjabat                                                          Period of Service
 2022-2027 (Periode Pertama)                                               2022-2027 (First Period)
 Dasar Pengangkatan                                                        Basis of Appointment
      Diangkat untuk pertama kalinya sebagai Komisaris PT Kereta              Appointed for the first time as a Commissioner of PT Kereta Api
      Api Indonesia (Persero) berdasarkan Keputusan Menteri BUMN              Indonesia (Persero) based on the Minister of State-Owned
      Selaku RUPS Perseroan No. SK-207/MBU/09/2022 tanggal 20                 Enterprises as the General Meeting of Shareholders Decree No.
      September 2022.                                                         SK-207/MBU/09/2022 dated September 20th, 2022
 Rangkap Jabatan                                                           Concurrent Position
      Direktur Jenderal Perkeretaapian, Kementerian Perhubungan               Director General of Railways, Ministry of Transportation (2022-
      (2022- Sekarang)                                                        Present)
      Anggota Komite Pemantau Manajemen Risiko PT Kereta Api                  Member of the Risk Management Monitoring Committee of PT
      Indonesia (Persero) (2022-Sekarang)                                     Kereta Api Indonesia (Persero) (2022-Present)

 Sertifikasi                                                               Certification
      Onboarding Commissioner of State-Owned Enterprise Program               Onboarding Commissioner of State-Owned Enterprise Program
      – Nov 2022                                                              – Nov 2022
 Kepemilikan Saham KAI                                                     KAI Stock Ownership
 Tidak memiliki                                                            None

 Hubungan Afiliasi                                                         Affiliate Relationship
 Tidak memiliki hubungan afiliasi, baik dengan anggota Dewan               Has no affiliate relationship, neither with the Board of Commissioners,
 Komisaris, anggota Direksi, maupun pemegang saham utama                   members of the Management Board, nor with the principal
 dan pengendali Perseroan.                                                 shareholders and controllers of the Association.

 Riwayat Pendidikan                                                        Educational History
      Pascasarjana (S2), Sekolah Tinggi Ilmu Manajemen, Jakarta               Postgraduate (S2), College of Management Sciences, Jakarta
      (2000)                                                                  (2000)
      Diploma (D4), Sekolah Tinggi Transportasi Darat (1997)                  Diploma (D4), Land Transportation College (1997)

 Riwayat Pekerjaan                                                         Career History

      Direktur Lalu Lintas dan Angkutan Kereta Api, Kementerian               Director of Railway Traffic and Transportation, Ministry of
      Perhubungan (2021- 2022)                                                Transportation (2021-2022)
      Direktur Sarana Transportasi Jalan, Kementerian Perhubungan             Director of Road Transportation Rolling Stock, Ministry of
      (2020-2021)                                                             Transportation (2020-2021)
      Direktur      Prasarana     Transportasi    Jalan,    Kementerian       Director of Road Transportation Infrastructure, Ministry of
      Perhubungan (2019-2020)                                                 Transportation (2019-2020)
      Direktur Pembinaan Keselamatan Kementerian Perhubungan                  Director of Safety Development Ministry of Transportation (2018-
      (2018-2019)                                                             2019)




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118                                                                                                        PT Kereta Api Indonesia (Persero)
                                  Annual and Sustainability Report
Page 119
                                      Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                        Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PROFIL DEWAN KOMISARIS
Board of Commissioners Profile




                                                               SRI PADUKA MANGKOENAGORO X
                                                               Komisaris
                                                               Commissioner

      Kewarganegaraan                      Domisili                      Tempat dan Tanggal Lahir                               Usia
         Citizenship                       Domicile                        Place and Date of Birth                              Age
            Indonesia                       Jakarta                      Surakarta, 29 Maret 1997                           26 Tahun
            Indonesia                       Jakarta                      Surakarta, March 29th, 1997                       26 Years Old

  Periode Menjabat                                                        Period of Service
  2022-2027 (Periode Pertama)                                             2022-2027 (First Period)
  Dasar Pengangkatan                                                      Basis of Appointment
    Diangkat untuk pertama kalinya sebagai Komisaris PT Kereta               Appointed for the first time as a Commissioner of PT Kereta Api
    Api Indonesia (Persero) berdasarkan Keputusan Menteri BUMN               Indonesia (Persero) based on the Minister of State-Owned
    Selaku RUPS Perseroan No. SK-174/MBU/08/2022 tanggal 15                  Enterprises as the General Meeting of Shareholders Decree No.
    Agustus 2022                                                             SK-174/MBU/08/2022 dated August 15th, 2022.
  Rangkap Jabatan                                                         Concurrent Position
    Dewan Penasehat KADIN Kota Surakarta (Januari 2023 –                     Surakarta City KADIN Advisory Board (January 2023 – Present)
    Sekarang)

    Pengageng Puro Mangkunegaran, Surakarta (2022-Sekarang)                  Pengageng Puro Mangkunegaran, Surakarta (2022-Present)

    Dewan Pembina Indonesia Wellness Institute (Oktober 2022                 Indonesian Wellness Institute Board of Trustees (October 2022
    – Sekarang)                                                              – Present)

    Anggota Komite Nominasi dan Remunerasi PT Kereta Api                     Member of the Nomination and Remuneration Committee of
    Indonesia (Persero) (2021-Sekarang)                                      PT Kereta Api Indonesia (Persero) (2021-Present)
  Sertifikasi                                                             Certification
    Onboarding Commissioner of State-Owned Enterprise Program                Onboarding Commissioner of State-Owned Enterprise Program
    – Nov 2022                                                               – Nov 2022
    Associate of the Chartered Institute of Arbitrators 2017 – present       Associate of the Chartered Institute of Arbitrators 2017 – present
    (Passed course and examination to obtain certification as                (Passed course and examination to obtain certification as
    associate)                                                               associate)

    Pendidikan Khusus Profesi Advokat – August 2019 (Passed                  Special Education for the Advocate Profession – August 2019
    course and eligible for examination)                                     (Passed course and eligible for examination)

  Kepemilikan Saham KAI                                                   KAI Stock Ownership
  Tidak memiliki                                                          None

  Hubungan Afiliasi                                                       Affiliate Relationship
  Tidak memiliki hubungan afiliasi, baik dengan anggota Dewan             Has no affiliate relationship, neither with the Board of Commissioners,
  Komisaris, anggota Direksi, maupun pemegang saham utama                 members of the Management Board, nor with the principal
  dan pengendali Perseroan.                                               shareholders and controllers of the Association.
  Riwayat Pendidikan                                                      Educational History
    Sarjana Hukum, Universitas Indonesia (2019)                              Bachelor of Laws, University of Indonesia (2019)
  Riwayat Pekerjaan                                                       Career History
    Harika Event, Vice-Head of Media and Publication (2017–2018)             Harika Event, Vice-Head of Media and Publication (2017–2018)
    Sekolah Cita Buana, Photography Teacher (2018 – 2019)                    Cita Buana School, Photography Teacher (2018 – 2019)

    Trainee Associate, Hendra Soenardi Law Firm (May 2019 – Oct              Trainee Associate, Hendra Soenardi Law Firm (May 2019 – Oct
    2019)                                                                    2019)
    Associate, Hendra Soenardi Law Firm (Oct 2019 – Jan 2022)                Associate, Hendra Soenardi Law Firm (Oct 2019 – Jan 2022)
    Komisaris PT Kereta Api Indonesia (Persero) (2021-Sekarang)              Commissioner of PT Kereta Api Indonesia (Persero) (2021-Present)




                                                                           Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                   119
                                                                               Annual and Sustainability Report
Page 120
                              Profil Perusahaan
                              Company Profile




PROFIL DEWAN KOMISARIS
Board of Commissioners Profile




                                                                                       DIAH NATALISA
                                                                                       Komisaris
                                                                                       Commissioner


       Kewarganegaraan                       Domisili                 Tempat dan Tanggal Lahir                             Usia
          Citizenship                        Domicile                  Place and Date of Birth                             Age
               Indonesia                      Jakarta                Palembang, 15 November 1963                      60 Tahun
               Indonesia                      Jakarta                Palembang, November 15th, 1963                  60 Years Old

 Periode Menjabat                                                      Period of Service
 2021-2026 (Periode Pertama)                                           2021-2026 (First Period)
 Dasar Pengangkatan                                                    Basis of Appointment
      Diangkat untuk pertama kalinya sebagai Komisaris PT Kereta          Appointed for the first time as Commissioner of PT Kereta Api
      Api Indonesia (Persero) berdasarkan Keputusan Menteri BUMN          Indonesia (Persero) based on the Decree of the Minister of SOE
      Selaku RUPS Perseroan No. SK-64/MBU/03/2021 tanggal 3               at the Company's GMS No. SK-64/MBU/03/2021 dated March 3rd,
      Maret 2021                                                          2021

 Rangkap Jabatan                                                       Concurrent Position
      Guru Besar Bidang Ilmu Manajemen di Fakultas Ekonomi                Professor of Management Sciences at the Faculty of Economics
      Universitas Sriwijaya (2008-Sekarang)                               of the University of Sriwijaya (2008-Sekarang)

      Deputi Bidang Pelayanan Publik, Kementerian PANRB (2016-            Deputy for Public Services, Ministry of PANRB (2016-Present)
      Sekarang)
      Anggota Komite Nominasi dan Remunerasi PT Kereta Api                Member of the Nomination and Remuneration Committee of
      Indonesia (Persero) (2021-Sekarang).                                PT Kereta Api Indonesia (Persero) (2021-Present)
 Sertifikasi                                                           Certification
      English as A Second Language, University of Kentucky –USA,          English as A Second Language, University of Kentucky –USA,
      1990                                                                1990
      Good Corporate Governance Course, SIDA/Gothenburg-Swedia,           Good Corporate Governance Course, SIDA/Gothenburg-Swedia,
      2004                                                                2004
      Lead Auditor Course/Enviromental Management System, TQS             Lead Auditor Course/Enviromental Management System, TQS
      International Selangor- Kualaumpur, 2008                            International Selangor- Kualaumpur, 2008

      Asia Leader Connect 2016, Temasek Foundation-Singapore, 2016        Asia Leader Connect 2016, Temasek Foundation-Singapore, 2016
      Public Administration Programme for Senior Government               Public Administration Programme for Senior Government
      Officials   from   Indonesia   –   BAPPENAS   and   Nanyang         Officials from Indonesia – BAPPENAS and Nanyang Technological
      Technological University Singapore, Singapura, 2021.                University Singapore, Singapura, 2021.

 Kepemilikan Saham KAI                                                 KAI Stock Ownership
 Tidak memiliki                                                        None

 Riwayat Pendidikan                                                    Educational History
      Sarjana bidang Manajemen dari Universitas Sriwijaya (1987)          Bachelor of Management from the University of Sriwijaya (1987)
      Master bidang Manajemen dari University of Kentucky (1992)          Master of Management from the University of Kentucky (1992)
      Doktor Program Studi Ilmu Ekonomi dari Universitas Airlangga        Doctor of Economics Studies Program from Airlangga University
      (1999)                                                              (1999)
      (Prof) Ilmu Manajemen dari Universitas Sriwijaya (2008)             (Professor) Management Sciences from the University of
                                                                          Sriwijaya (2008)




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120                                                                                                  PT Kereta Api Indonesia (Persero)
                              Annual and Sustainability Report
Page 121
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  Riwayat Pekerjaan                                                Career History

    Ketua Program Studi Magister Manajemen Universitas Sriwijaya      Head of Sriwijaya University Master of Management Study
    (2000-2008)                                                       Program (2000-2008)
    Koordinator Kopertis Wilayah II Sumbagsel-Kemendikbud RI          Coordinator of Kopertis Region II Sumbagsel-Kemendikbud RI
    (2008-2016)                                                       (2008-2016)
    Komisaris PT Jamkrindo (2017-2021)                                Commissioner of PT Jamkrindo (2017-2021)

    Komisaris PT Kereta Api Indonesia (Persero) (2021-Sekarang)       Commissioner of PT Kereta Api Indonesia (Persero) (2021-Present)




                                                                   Laporan Tahunan dan Keberlanjutan
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                                                                       Annual and Sustainability Report
Page 122
                              Profil Perusahaan
                              Company Profile




PROFIL DEWAN KOMISARIS
Board of Commissioners Profile




                                                                                       CHAIRUL ANWAR
                                                                                       Komisaris
                                                                                       Commissioner


       Kewarganegaraan                      Domisili                 Tempat dan Tanggal Lahir                             Usia
          Citizenship                       Domicile                  Place and Date of Birth                             Age
            Indonesia                       Jakarta                      Jakarta, 5 Mei 1961                            62 Tahun
            Indonesia                       Jakarta                     Jakarta, May 5th, 1961                         62 Years Old


 Periode Menjabat                                                     Period of Service
 2021-2026 (Periode Pertama)                                          2021-2026 (First Period)
 Dasar Pengangkatan                                                   Basis of Appointment
      Diangkat untuk pertama kalinya sebagai Komisaris PT Kereta         Appointed for the first time as a Commissioner of PT Kereta Api
      Api Indonesia (Persero) berdasarkan Keputusan Menteri BUMN         Indonesia (Persero) based on the Minister of State-Owned
      Selaku RUPS Perseroan No. SK-64/MBU/03/2021 tanggal 3              Enterprises as the General Meeting of Shareholders Decree No.
      Maret 2021                                                         SK-64/MBU/03/2021 dated March 3rd, 2021

 Rangkap Jabatan                                                      Concurrent Position
      Anggota Komite Pemantau Manajemen Risiko PT Kereta Api             Member of the Risk Management Monitoring Committee of
      Indonesia (Persero) (2022-Sekarang)                                Indonesia Railways (Persero) (2022-Sekarang)
 Sertifikasi                                                          Certification
 Belum memiliki sertifikasi                                           None
 Kepemilikan Saham KAI                                                KAI Stock Ownership
 Tidak memiliki                                                       None

 Riwayat Pendidikan                                                   Educational History
      Akpol (1986)                                                       Police Academy (1986)

      PTIK (1995)                                                        PTIK (1995)

      Sespimpol (2001)                                                   Sespimpol (2001)

      Sespati Polri (2009)                                               Sespati Polri (2009)

      Lemhannas RI (2013)                                                Lemhannas RI (2013)

 Riwayat Pekerjaan                                                    Career History
      Penyidik Utama Tk. I DIT III (2010)                                Principal Investigator Tk. I DIT III (2010)
      Penyidik Utama Tk. I Rowassidik (2011)                             Principal Investigator Tk. I Rowassidik (2011)
      Analis Kebijakan Dittipidum (2013)                                 Dittipidum Policy Analyst (2013)
      Asisten Deputi Koordinasi Penanganan Kejahatan                     Assistant Deputy Coordinator for Transnational Crime and
      Transnasional dan Kejahatan Luar Biasa (2013-2016)                 Extreme Crime Management (2013-2016)
      Ketua Pelaksana Harian Satgas Penanganan Pengungsi dari            Chief Executive Officer of the Department of Foreign Refugees
      Luar Negeri (2019)                                                 (2019)
      Komisaris PT Angkasa Pura Solusi (2020-2021)                       Commissioner of PT Angkasa Pura Solusi (2020-2021)
      Komisaris PT Kereta Api Indonesia (Persero) (2021-Sekarang).       Commissioner of PT Kereta Api Indonesia (Persero) (2021-
                                                                         Present).




                             Laporan Tahunan dan Keberlanjutan
122                                                                                                    PT Kereta Api Indonesia (Persero)
                               Annual and Sustainability Report
Page 123
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                     Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PROFIL DEWAN KOMISARIS
Board of Commissioners Profile




                                                                                               JOHAN SIRAIT
                                                                                               Komisaris
                                                                                               Commissioner


      Kewarganegaraan                     Domisili                   Tempat dan Tanggal Lahir                              Usia
         Citizenship                      Domicile                    Place and Date of Birth                              Age
           Indonesia                      Jakarta                       Jakarta, 14 April 1976                          47 Tahun
           Indonesia                      Jakarta                      Jakarta, April 14th, 1976                       47 Years Old

  Periode Menjabat                                                    Period of Service
  2017 - 2022 (Periode Pertama)                                       2017 - 2022 (First Period)
  Dasar Pengangkatan                                                  Basis of Appointment
    Diangkat untuk pertama kalinya sebagai Komisaris PT Kereta           Appointed for the first time as a Commissioner of PT Kereta Api
     Api Indonesia (Persero) berdasarkan Keputusan Menteri BUMN          Indonesia (Persero) based on the Minister of State-Owned
     Selaku RUPS Perseroan No. SK-173/MBU/08/2022 tanggal 15             Enterprises as the General Meeting of Shareholders Decree No.
     Agustus 2022                                                        SK-173/MBU/08/2022 dated August 15th, 2022.
  Rangkap Jabatan                                                     Concurrent Position
     Commissioner PT Menara Medika Pratama (2009-Sekarang)               Commissioner of PT Menara Medika Pratama (2009-Present)

     Anggota Komite Audit PT Kereta Api Indonesia (Persero) (2022-       Member of the Audit Committee of PT Kereta Api Indonesia
     Sekarang)                                                           (Persero) (2022- Present)
   Sertifikasi                                                        Certification
   Onboarding Commissioner of State-Owned Enterprise Program          Onboarding Commissioner of State-Owned Enterprise Program –
   – Nov 2022                                                         Nov 2022
   Kepemilikan Saham KAI                                              KAI Stock Ownership
   Tidak memiliki                                                     None

   Hubungan Afiliasi                                                  Affiliate Relationship
   Tidak memiliki hubungan afiliasi, baik dengan anggota Dewan        Has no affiliate relationship, neither with the Board of Commissioners,
   Komisaris, anggota Direksi, maupun pemegang saham utama            members of the Management Board, nor with the principal
   dan pengendali Perseroan.                                          shareholders and controllers of the Association.
   Riwayat Pendidikan                                                 Educational History
   Sarjana Hukum, Universitas Atma Jaya (1996)                        Bachelor of Laws, Atma Jaya University (1996)

   Riwayat Pekerjaan                                                  Career History
   Co-Founder & Commissioner PT Menara Medika Pratama (2009-          Co-Founder & Commissioner of PT Menara Medika Pratama (2009-
   Sekarang)                                                          Present)




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                                                                          Annual and Sustainability Report
Page 124
                          Profil Perusahaan
                          Company Profile




HUBUNGAN AFILIASI DEWAN KOMISARIS
Board of Commissioners Affiliate Relations

KAI telah memastikan bahwa masing-masing anggota                       KAI has ensured that each member of the Board of
Dewan Komisaris tidak memiliki hubungan afiliasi, baik                 Commissioners does not have any affiliation, whether in
berupa hubungan keuangan maupun keluarga, dengan                       the form of financial or familial relationships, with fellow
sesama anggota Dewan Komisaris, anggota Direksi,                       members of the Board of Commissioners, members of
ataupun pemegang saham dan pengendali Perseroan.                       the Board of Directors, or shareholders and controllers
Selain itu, anggota Dewan Komisaris juga dipastikan tidak              of the Company. Additionally, members of the Board of
memiliki hubungan kepengurusan dalam bentuk apa                        Commissioners are also ensured not to have any
pun yang dapat mengganggu independensi dan/atau                        management relationships in any form that could
berpotensi menghadirkan benturan kepentingan dalam                     compromise independence and/or potentially create
pelaksanaan tugas dan tanggung jawab masing-masing.                    conflicts of interest in the execution of their respective
KAI menjamin bahwa seluruh anggota Dewan Komisaris                     duties and responsibilities. KAI guarantees that all
dapat senantiasa bertindak independen dan terbebas                     members of the Board of Commissioners can always act
dari intervensi. Hal tersebut dilaksanakan dalam rangka                independently and free from intervention. This is done
menjamin terjaganya independensi Dewan Komisaris                       to ensure the independence of the Board of
dalam menjalankan tugas dan tanggung jawabnya                          Commissioners in carrying out their duties and
sebagai organ pengawas dalam tata kelola Perseroan                     responsibilities as the supervisory body in the
                                                                       governance of the Company.


HUBUNGAN AFILIASI DEWAN KOMISARIS                                      BOARD OF COMMISSIONERS                                     AFFILIATE
2023                                                                   RELATION 2023

                                              Hubungan Keuangan Dengan                     Hubungan Keuangan Dengan
                                               Financial Relationship With                  Financial Relationship With
                                                                                                                                Hubungan
                                                                      Pemegang                                      Pemegang Kepengurusan
                                         Dewan                                       Dewan                                      Managerial
                                                                        Saham                                         Saham
       Nama            Jabatan          Komisaris        Direksi                    Komisaris         Direksi                    Relation
                                                                      Pengendali                                    Pengendali
       Name            Position          Board of       Directors                    Board of        Directors
                                                                      Controlling                                   Controlling
                                      Commissioners                               Commissioners
                                                                     Shareholders                                  Shareholders


                                       Ya      Tidak   Ya    Tidak    Ya     Tidak   Ya     Tidak   Ya     Tidak   Ya     Tidak    Ya    Tidak
                                       Yes      No     Yes    No      Yes     No     Yes     No     Yes     No     Yes     No      Yes    No

                   Komisaris Utama/
                   Komisaris
                   Independen
 Said Aqil Siroj   Chief                -        ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓        -     ✓
                   Commissioner/
                   Independent
                   Commissioner

                   Komisaris
                   Independen
 Rochadi                                -        ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓        -     ✓
                   Independent
                   Commissioner

                   Komisaris
                   Independen
 Riza Primadi                           -        ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓        -     ✓
                   Independent
                   Commissioner

                   Komisaris
                   Independen
 Endang Tirtana                         -        ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓        -     ✓
                   Independent
                   Commissioner

                   Komisaris
                   Independen
 Johan Sirait                           -        ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓        -     ✓
                   Independent
                   Commissioner

                   Komisaris
 Diah Natalisa                          -        ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓        -     ✓
                   Commissioner

                   Komisaris
 Chairul Anwar                          -        ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓        -     ✓
                   Commissioner

 Sri Paduka
                   Komisaris
 Mangkoenagoro                          -        ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓        -     ✓
                   Commissioner
 X

 Mohamad Risal     Komisaris
                                        -        ✓      -     ✓        -      ✓       -       ✓      -       ✓      -      ✓        -     ✓
 Wasal             Commissioner




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                          Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PERUBAHAN KOMPOSISI ANGGOTA DEWAN
KOMISARIS DAN ALASAN PERUBAHANNYA
Changes In Composition Of The Board Of Directors And The Reason

Selama tahun 2023, tidak terdapat perubahan komposisi              Throughout 2023, there were no changes in the
Dewan Komisaris Perseroan. Dengan demikian, komposisi              composition of the Company's Board of Commissioners.
Dewan Komisaris pada 31 Desember 2023 tidak berbeda                Therefore, the composition of the Board of Commissioners
dengan komposisi pada 1 Januari 2023, terdiri atas 9               as of December 31 st, 2023, remained the same as on
(sembilan) anggota, yang seluruhnya telah dinyatakan               January 1 st, 2023, consisting of 9 (nine) members, all of
lulus Uji Kelayakan dan Kepatutan (UKK) oleh                       whom have been declared to have passed the Fit and
Kementerian BUMN.                                                  Proper Test by the Ministry of State-Owned Enterprises
                                                                   (SOE).




PERUBAHAN KOMPOSISI DEWAN KOMISARIS DAN/
ATAU DIREKSI YANG TERJADI SETELAH TAHUN BUKU
BERAKHIR
Changes in the Composition of the Board of Commissioners and/or Board of
Directors after the End of Financial Year
Perubahan Komposisi Dewan Komisaris                                The Changes in the Board of Commissioners
Sejak 31 Desember 2023 hingga tanggal penyampaian                  Since December 31 st, 2023, until the date of the Annual
Laporan Tahunan, terdapat perubahan komposisi Dewan                Report submission, there has been a change in the
Komisaris KAI pada 5 Maret 2024. Berdasarkan Surat                 composition of the Board of Commissioners of PT Kereta
Keputusan Menteri BUMN Nomor SK-61/MBU/03/2024                     Api Indonesia (KAI) on March 5 th, 2024. Based on the
tanggal 5 Maret 2024, Kementerian BUMN mengangkat                  Decree of the Minister of State-Owned Enterprises (SOE)
Elen Setiadi sebagai Komisaris PT Kereta Api Indonesia             Number SK-61/MBU/03/2024 dated March 5 th, 2024, the
(Persero). Elen Setiadi merupakan Plt. Staf Ahli Bidang            Ministry of SOE appointed Elen Setiadi as Commissioner
Regulasi, Penegakan Hukum, dan Ketahanan Ekonomi                   of PT Kereta Api Indonesia (Persero). Elen Setiadi currently
Kementerian Koordinator Bidang Perekonomian.                       serves as the Acting Expert Staff for Regulation, Law
Atas perubahan tersebut, komposisi Dewan Komisaris                 Enforcement, and Economic Resilience at the
KAI per 5 Maret 2024 adalah sebagai berikut:                       Coordinating Ministry for Economic Affairs. As a result
                                                                   of this change, the composition of the KAI Board of
                                                                   Commissioners as of March 5 th, 2024, is as follows:


 No           Nama Name                       Jabatan Position                  Dasar Pengangkatan Based on Appoitment


                                    Komisaris Utama/Komisaris Independen     Keputusan Menteri BUMN No. SK-64/MBU/ 03/2021 tanggal
                                    Chief                                    3 Maret 2021.
  1     Said Aqil Siroj             Commissioner/Independent                 SOE Ministerial Decree No. SK-64/MBU/ 03/2021 dated
                                    Commissioner                             March 3 rd, 2021.


                                                                             Keputusan Menteri BUMN No. SK-64/MBU/ 03/2021 tanggal
                                    Komisaris Independen                     3 Maret 2021.
  2     Rochadi                     Independent Commissioner                 SOE Ministerial Decree No. SK-64/MBU/ 03/2021 dated
                                                                             March 3 rd, 2021.


                                                                             Keputusan Menteri BUMN No. SK-64/MBU/ 03/2021 tanggal
                                    Komisaris                                3 Maret 2021.
  3     Diah Natalisa               Commissioner                             SOE Ministerial Decree No. SK-64/MBU/ 03/2021 dated
                                                                             March 3 rd, 2021.


                                                                             Keputusan Menteri BUMN No. SK-64/MBU/ 03/2021 tanggal
                                    Komisaris                                3 Maret 2021.
  4     Chariul Anwar               Commissioner                             SOE Ministerial Decree No. SK-64/MBU/ 03/2021 dated
                                                                             March 3 rd, 2021.


                                                                             Keputusan Menteri BUMN No. SK-417/MBU/12/2021 tanggal
                                    Komisaris Independen                     29 Desember 2021.
  5     Endang Tirtana              Independent Commissioner                 SOE Ministerial Decree No. SK-417/MBU/ 12/2021 dated
                                                                             December 29 th, 2021.




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                                                                      Annual and Sustainability Report
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                          Profil Perusahaan
                          Company Profile




 No          Nama Name                         Jabatan Position                      Dasar Pengangkatan Based on Appoitment


                                                                                 Keputusan Menteri BUMN No. SK-173/MBU/8/2022 tanggal
                                    Komisaris Independen                         15 Agustus 2022.
 6     Johan Sirait                 Independent Commissioner                     SOE Ministerial Decree No. SK-173/MBU/ 03/2021 dated
                                                                                 August 15 th, 2022.


                                                                                 Keputusan Menteri BUMN No. SK-174/MBU/8/2022 tanggal
       Sri Padua                    Komisaris Independen                         15 Agustus 2022.
 7                                  Independent Commissioner                     SOE Ministerial Decree No. SK-174/MBU/ 8/2022 dated
       Mangkoenagkoro X
                                                                                 August 15 th, 2022.


                                                                                 Keputusan Menteri BUMN No. SK-207/MBU/09/2022
                                    Komisaris                                    tanggal 20 September 2022.
 8     Mohamad Risal Wasal          Commissioner                                 SOE Ministerial Decree No. SK-207174/MBU/ 09/2022 dated
                                                                                 September 20 th, 2022



                                    Komisaris                                    Keputusan Menteri BUMN Nomor SK-61/MBU/03/2024
 9     Elen Setiadi                 Commissioner                                 SOE Ministerial Decree No.SK-61/MBU/03/2024




PERUBAHAN KOMPOSISI DIREKSI
Changes In Composition Of The Board Of Directors
Sejak 31 Desember 2023 hingga tanggal penyampaian                    From December 31 st, 2023, until the date of the Annual
Laporan Tahunan, terdapat perubahan komposisi Direksi                Report submission, there has been a change in the
KAI pada 5 Maret 2024. Kementerian BUMN berdasarkan                  composition of the Board of Directors of PT Kereta Api
Surat Keputusan Menteri BUMN Nomor SK-62/MBU/                        Indonesia (KAI) on March 5 th, 2024. Based on the Decree
03/2024 tanggal 5 Maret 2024 telah mengangkat Dadan                  of the Minister of State-Owned Enterprises (SOE) Number
Rudiansyah sebagai Direktur Keselamatan dan Keamanan                 SK-62/MBU/03/2024 dated March 5 th, 2024, the Ministry
PT Kereta Api Indonesia (Persero) menggantikan Sandry                of SOE appointed Dadan Rudiansyah as Managing
Pasambuna, serta Rosma Handayani sebagai Direktur                    Director of Safety and Security of PT Kereta Api Indonesia
SDM dan Umum PT Kereta Api Indonesia (Persero)                       (Persero), replacing Sandry Pasambuna, and Rosma
menggantikan Suparno.                                                Handayani as Managing Director of Human Resources
                                                                     and General Affairs of PT Kereta Api Indonesia (Persero),
                                                                     replacing Suparno.

Dadan Rudiansyah sebelumnya menjabat sebagai Direktur                Dadan Rudiansyah previously served as Director of
Komersial dan Pengembangan Usaha Perum DAMRI,                        Commercial and Business Development at Perum DAMRI,
sedangkan Rosma Handayani sebelumnya menjabat                        while Rosma Handayani previously served as Senior
sebagai Senior Executive Vice President PT Bank Syariah              Executive Vice President of PT Bank Syariah Indonesia
Indonesia Tbk. Atas perubahan tersebut, komposisi                    Tbk. As a result of these changes, the composition of the
Direksi per 5 Maret 2024 adalah sebagai berikut:                     Board of Directors as of March 5 th, 2024, is as follows:


 NO          Nama Name                 Jabatan Position                      Dasar Pengangkatan Based on Appoitment


                                    Direktur Utama                Keputusan Menteri BUMN No. SK-28/MBU/01/2021 tanggal 25 Januari 2021.
 1     Didiek Hartantyo             President Director            SOE Ministerial Decree No. SK-28/MBU/ 01/2021 dated January 25 th, 2021.


                                    Direktur Niaga
                                                                  Keputusan Menteri BUMN No. SK-89/ MBU/03/2022 tanggal 31 Maret 2022.
 2     Hadis Surya Palapa           Managing Director of
                                                                  SOE Ministerial Decree No. SK-87/MBU/ 03/2022 dated March 31 st, 2022.
                                    Commerce


       Awan Hermawan                Direktur Operasi
                                                                  Keputusan Menteri BUMN No. SK-89/MBU/ 03/2022 tanggal 31 Maret 2022.
 3                                  Managing Director of
                                                                  SOE Ministerial Decree No. SK-89/MBU/ 03/2022 dated March 31 st, 2022
       Purwadinata                  Operation


                                    Direktur Pengelola
                                    Prasarana                     Keputusan Menteri BUMN No. SK-89/ MBU/03/2022 tanggal 31 Maret 2022.
 4     Heru Kuswanto                Managing Director of          SOE Ministerial Decree No. SK-89/MBU/ 03/2022 dated March 31 st, 2022.
                                    Infrastructure


                                    Direktur Perencanaan
                                    Strategis dan Pengelolaan
                                                                  Keputusan Menteri BUMN No. SK-240/MBU/10/2022 tanggal 26 Oktober
                                    Sarana
 5     John Robertho                Managing Director of
                                                                  2022
                                                                  SOE Ministerial Decree No. SK-250/MBU/10/2022 dated October 26 th, 2022.
                                    Strategic Planning and
                                    Rolling Stock




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Page 127
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




 NO          Nama Name                        Jabatan Position                    Dasar Pengangkatan Based on Appoitment


                                                                               Keputusan Menteri BUMN No. SK-62/MBU/03/2024 tanggal
                                    Direktur Keselamatan dan Keamanan          5 Maret 2024
  6     Dadan Rudiansyah            Managing Director of Safety and Security   SOE Ministerial Decree No. SK-62/MBU/ 03/2022 dated
                                                                               March 5 th, 2022.


                                                                               Keputusan Menteri BUMN No. SK-62/MBU/03/2024 tanggal
                                    Direktur SDM dan Umum
                                                                               5 Maret 2024
  7     Rosma Handayani             Managing Director of Human Resources
                                                                               SOE Ministerial Decree No. SK-62/MBU/03/2024 dated
                                    and General Affairs
                                                                               March 5 th, 2022


                                    Direktur Pengembangan Usaha dan            Keputusan Menteri BUMN No. SK-322/MBU/11/2023 tanggal
                                    Kelembagaan                                28 November 2023
  8     Rudi As Aturridha           Managing Director of Business              SOE Ministerial Decree No. SK-322/MBU/11/2023 dated
                                    Development and Institutional Relations    November 28 rd, 2023


                                    Direktur Keuangan dan Manajemen            Keputusan Menteri BUMN SK-151/MBU/05/2021 tanggal 19
                                    Risiko                                     Mei 2021
  9     Salusra Wijaya              Managing Director of Finance and Risk      SOE Ministerial Decree No. SK-236/MBU/7/2020 dated May
                                    Management                                 19 th, 2021.




KOMPOSISI PEMEGANG SAHAM
Shareholder Composition

KOMPOSISI PEMEGANG SAHAM                                             SHAREHOLDER COMPOSITION
Saham KAI sepenuhnya (100%) dimiliki oleh Pemerintah                 KAI shares are fully (100%) owned by the Government of
Republik Indonesia. Dengan demikian, selama periode                  the Republic of Indonesia. Therefore, during the period
1 Januari 2023 hingga 31 Desember 2023, tidak terdapat               from January 1 st, 2023, to December 31 st, 2023, there is no
kepemilikan saham KAI oleh institusi lokal, kepemilikan              ownership of KAI shares by local institutions, foreign
institusi asing, kepemilikan individu lokal, dan                     institutions, local individuals, and foreign individuals.
kepemilikan individu asing.


Komposisi Pemegang Saham KAI Tahun 2023                               Composition of KAI Shareholders in 2023

                                                                                                Persentase Kepemilikan
               Pemegang Saham                          Jumlah Saham (lembar)                     Ownership Percentage
                 Shareholder                             Total Shares (shares)           1 Januari 2023         31 Desember 2022
                                                                                        January 1 st, 2023      December 31 st, 2022

  Pemerintah Republik Indonesia
                                                                19.168.743                    100%                      100%
  Government of the Republic of Indonesia



KOMPOSISI 20 PEMEGANG SAHAM                                          COMPOSITION OF THE TOP 20 SHAREHOLDER
TERBESAR
Hingga 31 Desember 2023, KAI merupakan Badan Usaha                   As of December 31 st, 2023, KAI is a State-Owned
Milik Negara yang 100% sahamnya dimiliki oleh Pemerintah             Enterprise whose shares are 100% owned by the
Republik Indonesia. Dengan demikian, tidak terdapat                  Government of the Republic of Indonesia. Therefore, there
informasi mengenai komposisi 20 (dua puluh)                          is no information regarding the composition of the top
pemegang saham terbesar untuk disajikan pada bagian                  20 (twenty) shareholders.
ini.


KOMPOSISI PEMEGANG SAHAM 5% ATAU                                     COMPOSITION OF SHAREHOLDER WITH 5%
LEBIH                                                                OR MORE SHARES
Hingga 31 Desember 2023, KAI merupakan Badan Usaha                   As of December 31 st, 2023, KAI is a State-Owned
Milik Negara yang 100% sahamnya dimiliki oleh Pemerintah             Enterprise whose shares are 100% owned by the
Republik Indonesia. Atas hal tersebut, informasi mengenai            Government of the Republic of Indonesia. For this reason,
komposisi pemegang saham Perseroan dengan                            information regarding the composition of the
persentase 5% atau lebih telah disajikan pada bagian                 Company’s shareholders with a percentage of 5% or more
Komposisi Pemegang Saham.                                            has been presented in the Shareholders Composition
                                                                     section



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                        Profil Perusahaan
                        Company Profile




KOMPOSISI KELOMPOK PEMEGANG SAHAM                           COMPOSITION OF SHAREHOLDER OF LESS
KURANG DARI 5%                                              THAN %5
Hingga 31 Desember 2023, KAI merupakan Badan Usaha          As of December 31 st, 2023, KAI is a State-Owned
Milik Negara yang 100% sahamnya dimiliki oleh Pemerintah    Enterprise whose shares are 100% owned by the
Republik Indonesia. Atas hal tersebut, informasi mengenai   Government of the Republic of Indonesia. For this reason,
komposisi pemegang saham Perseroan dengan                   information regarding the composition of the
persentase kurang dari 5% telah disajikan pada bagian       Company’s shareholders with a percentage of less than
Komposisi Pemegang Saham                                    5% has been presented in the Shareholders Composition
                                                            section.

KOMPOSISI KEPEMILIKAN SAHAM                                 COMPOSITION OF SHARE OWNERSHIP BASED
BERDASARKAN JENIS DAN                                       ON INVESTOR TYPE AND NATIONAL
KEWAGANEGARAAN INVESTOR
Hingga 31 Desember 2023, KAI merupakan Badan Usaha          As of December 31 st, 2023, KAI is a State-Owned
Milik Negara yang 100% sahamnya dimiliki oleh Pemerintah    Enterprise whose shares are 100% owned by the
Republik Indonesia. Dengan demikian, tidak terdapat         Government of the Republic of Indonesia. Therefore, there
informasi terperinci mengenai kepemilikan saham             is no detailed information regarding the ownership of
Perseroan oleh institusi maupun individu baik lokal         the Company’s shares by local or foreign institutions or
maupun asing.                                               individuals.

KEPEMILIKAN SAHAM OLEH ANGGOTA                              SHARE OWNERSHIP BY MEMBERS OF THE
DEWAN KOMISARIS DAN/ATAU DIREKSI                            BOARD OF COMMISSIONERS AND/OR BOARD
                                                            OF DIRECTION
Hingga 31 Desember 2023, saham KAI secara seluruhnya        As of December 31 st, 2023, KAI is a State-Owned
(100%) dimiliki oleh Pemerintah Republik Indonesia. Atas    Enterprise whose shares are 100% owned by the
hal tersebut, pemegang saham utama dan pengendali           Government of the Republic of Indonesia. Therefore, there
Perseroan adalah Pemerintah Republik Indonesia. Tidak       are no members of the Board of Commissioners and
terdapat pemegang saham utama dan pengendali                members of the Board of Directors who own KAI shares,
secara tidak langsung, sampai kepada pemilik individu,      either in the form of direct or indirect ownership
serta tidak terdapat pemegang saham yang bertindak
atas nama pemegang saham lain.


PEMEGANG SAHAM USAHA DAN PENGENDALI
Major and Controlling Shareholders
Hingga 31 Desember 2023, KAI merupakan Badan Usaha          As of December 31 st, 2023, KAI shares are 100% owned by
Milik Negara yang 100% sahamnya dimiliki oleh Pemerintah    the Government of the Republic of Indonesia. In this
Republik Indonesia. Dengan demikian, tidak terdapat         regard, the main and controlling shareholder of the
anggota Dewan Komisaris dan anggota Direksi yang            Company is the Government of the Republic of Indonesia.
memiliki saham KAI, baik berupa kepemilikan langsung        There are no major shareholders and indirect controllers,
maupun tidak langsung.                                      up to individual owners, and there are no shareholders
                                                            acting on behalf of other shareholders




                                             Negara Republik Indonesia
                                               Republic Of Indonesia

                                                       (100%)




                                                  PT Kereta Api
                                               Indonesia (Persero)




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128                                                                                 PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 129
                                      Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                          Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




DAFTAR ENTITAS ANAK, PERUSAHAAN                                            LIST OF SUBSIDIARIES, ASSOCIATES, AND
ASOSIASI, DAN PERUSAHAAN VENTURA                                           JOINT VENTURES
BERSAMA

                                                                                                                     Jumlah Aset Sebelum
                                                                                                                           Eliminasi
                                                                Kepemilikan Saham                                       (dalam Rp-ribu)
                                                                Ownership of Shares       Tahun        Status       Number of Assets Before
    Nama          Bidang Usaha     Domisili      Alamat                                 Pendirian      Operasi      Elimination (in thousand
    Name          Business Field   Domicile      Address                                  Year of     Operation              rupiah)
                                                                                      Establishment    Status


                                                                 2023       2022                                       2023            2022


                                              Stasiun
                                              Mangga
                                              Besar, Lantai
 PT Reska         Restoran                    Dasar, Jalan
 Multi Usaha      Kereta Api                  Karanganyar                                             Beroperasi
                                   Jakarta                      99,74%     99,74%         2003                     560.460.847     482.887.390
 (RMU)/           Railway                     No. 1,                                                  Operating
 KAI Services     Restaurant                  Mangga
                                              Besar,
                                              Jakarta
                                              Pusat 10740

                                              Stasiun
                                              Sudirman
                  Transportasi
                                              Baru/
                  Kereta Api
 PT Railink                                   Stasiun BNI
                  Bandara                                                                             Beroperasi
 (Railink)/ KAI                    Jakarta    City, Lt. 2        60,0%      60,0%         2005                     423.753.460     564.519.459
                  Airport                                                                             Operating
 Bandara                                      Tanah
                  Railway
                                              Abang,
                  Transportation
                                              Jakarta
                                              Pusat


                  Transportasi
 PT Kereta                                    Stasiun
                  Kereta
 Commuter                                     Juanda, Jl. Ir.
                  Commuter                                                                            Beroperasi
 Indonesia                         Jakarta    H. Juanda I -     99,78%     99,78%         2008                     3.392.366.123   3.278.464.511
                  Commuter                                                                            Operating
 (KCI)/ KAI                                   Jakarta
                  Railway
 Commuter                                     Pusat 10120
                  Transportation


                                              Stasiun
                  Distribusi
                                              Gondangdia,
                  Logistik
 PT KA                                        Lantai Dasar,
                  Berbasis
 Logistik                                     Jalan K.H.                                              Beroperasi
                  Kereta Api       Jakarta                      99,30%     99,30%         2009                     865.859.021     847.167.021
 (KALOG) /KAI                                 Wahid                                                   Operating
                  Railwaybased
 Logistik                                     Hasyim No.
                  Logistics
                                              11A Jakarta
                  Distribution
                                              Pusat 10340


                  Pengelolaan                 Stasiun
 PT KA            Aset Properti               Sawah Besar,
 Properti         Perkeretaapia               Lantai Dasar,
                                                                                                      Beroperasi
 Manajemen        n                Jakarta    Jalan KH.         99,63%     99,63%         2009                     825.751.525     905.134.224
                                                                                                      Operating
 (KAPM)/ KAI      Railway                     Samanhudi,
 Properti         Property Asset              Jakarta
                  Management                  Pusat 10710


                                              Stasiun
                                              Gondangdia,
                                              Pintu
                                              Selatan - Lt.
 PT KA            Pariwisata
                                              Dasar Jl
 Pariwisata       Kereta Api                                                                          Beroperasi
                                   Jakarta    Srikaya 1,        99,90%     99,90%         2009                     299.222.056     152.859.992
 (KAWIS)/ KAI     Railway                                                                             Operating
                                              Kelurahan
 Wisata           Tourism
                                              Kebon Sirih,
                                              Menteng
                                              Jakarta
                                              Pusat 10340




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                            Profil Perusahaan
                            Company Profile




PERUSAHAAN ASOSIASI                                                   ASSOCIATE COMPANIES


                                                            Kepemilikan                                   Jumlah Aset Sebelum Eliminasi
                                                              Saham                                               (dalam Rp-ribu)
                                                            Ownership of         Tahun        Status          Number of Assets Before
      Nama              Bidang Usaha            Domisili      Shares           Pendirian      Operasi     Elimination (in thousand rupiah)
      Name              Business Field          Domicile                         Year of     Operation
                                                                             Establishment    Status


                                                           2023     2022                                      2023              2022


 PT Pilar
                Transportasi Kereta Cepat
 Sinergi                                                                                     Beroperasi
                High-speed Railway              Jakarta    51,37%   51,37%       2015                     23.263.019.735    21.462.201.000
 BUMN                                                                                        Operating
                Transportation
 Indonesia

                Mengelola Moda Transportasi
 PT Moda        di Jakarta – Bogor – Depok –
 Integrasi      Tangerang – Bekasi                                                           Beroperasi
                                                Jakarta    49,0%    49,0%        2020                      90.381.000         81.877.958
 Transportasi   Managing Transportation                                                      Operating
 Jabodetabek    Mode in Jakarta – Bogor –
                Depok – Tangerang – Bekasi




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                                                        Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




STRUKTUR GRUP PERUSAHAAN
Company Group Structure

Hingga 31 Desember 2023, KAI beroperasi dengan struktur                 As of December 31 st, 2023, KAI operated with a group
grup yang dijelaskan melalui bagan berikut:                             structure as illustrated in the following diagram:




                            Negara Republik Indonesia
                              Republic of Indonesia
                                    (100%)




                                  Entitas Anak
                                  Subsidiaries




           99,74%                    98,78%              60,00%               99,90%                    99,30%                 99,63%




     PT Reska Multi Usaha      PT Kereta Commuter       PT Railink      PT Kereta Api Wisata         PT Kereta Api          PT KAI Properti
                                    Indonesia                                                           Logistik             Manajemen




                                                                                                        Perusahaan
                                                                                                           Entitas Anak
                                                                                                                    Asosiasi
                                                                                                       Associated
                                                                                                            Subsidiaries
                                                                                                                  Companies




                                                                                                 51,30%                     49,00%




                                                                                          PT Pilar Sinergi BUMN          PT Moda Integrasi
                                                                                                Indonesia            Transfortasi Jabodetabek



*) Sampai dengan tahun 2023, KAI tidak memiliki Entitas Induk, Joint     *) As of 2023, KAI did not have Holding Company, Joint Venture, and Special
   Venture dan Special Purpose Vehicle (SPV)                                Purpose Vehicle (SPV)




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                               Profil Perusahaan
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KRONOLOGI PENERBITAN SAHAM
Share Listing Chronology

Sampai dengan 31 Desember 2023, KAI tidak mencatatkan                           As of December 31 st, 2023, KAI did not list shares on any
saham pada bursa efek mana pun. Dengan demikian,                                stock exchange. Thus, there is no information regarding
tidak terdapat informasi tentang tindakan korporasi                             corporate actions, the share offering price for each
(corporate action), harga penawaran saham untuk                                 corporate action, the number of listed shares after each
masing-masing tindakan korporasi, jumlah saham tercatat                         corporate action, and the name of the stock exchange
setelah masing masing tindakan korporasi, dan nama                              where the Company’s shares are listed. The Company
bursa tempat saham Perseroan dicatatkan. Perseroan                              records issued and fully paid capital with the following
melakukan pencatatan modal yang ditempatkan dan                                 chronology.
disetor penuh dengan kronologi sebagai berikut ini.



   Tanggal                                          Nominal/
                       Jumlah Saham/
  Penerbitan                                       Lembar (Rp)                  Total (Rp)                                Akta
                           Lembar
   Issuance                                       Nominal/Shares                Total (Rp)                                Deed
                     Total Shares/Shares
     Date                                             (Rp)

                                                                                                    Akta No. 65 tanggal 9 Agustus 2008 dari
                                                                                                    Notaris Surjadi Jasin, S.H.,
      2008                 2.470.000                  1.000.000             2.470.000.000.000
                                                                                                    Deed No. 65 dated August 9 th, 2008 from
                                                                                                    Notary Surjadi Jasin, S.H.

                                                                                                    Akta No. 139 tanggal 31 Desember 2012 dari
                                                                                                    Surjadi Jasin, S.H.,
      2012                 3.296.547                  1.000.000             3.296.547.000.000
                                                                                                    Deed No. 139 dated December 31 st, 2012
                                                                                                    from Notary Surjadi Jasin, S.H

                                                                                                    Akta No. 42 tanggal 23 Mei 2016 dari Surjadi
                                                                                                    Jasin, S.H.,
      2016                 5.296.547                  1.000.000             5.296.547.000.000
                                                                                                    Deed No. 42 dated May 23 rd, 2016 from
                                                                                                    Notary Surjadi Jasin, S.H.

                                                                                                    Akta No. 1 tanggal 3 April 2017 dari Dr.
                                                                                                    Darwin Ginting, S.H., M.H.,
      2017                 6.668.743                  1.000.000             6.668.743.000.000
                                                                                                    Deed No. 1 dated April 3 rd, 2017 from Dr.
                                                                                                    Darwin Ginting, S.H., M.H.,

                                                                                                    Akta No. 34 tanggal 15 Februari 2018 dari
                                                                                                    Surjadi Jasin, S.H.,
      2018                 8.668.743                  1.000.000             8.668.743.000.000
                                                                                                    Deed No. 34 dated February 15 th, 2018 from
                                                                                                    Surjadi Jasin, S.H.

                                                                                                    Akta No. 293 tanggal 27 Oktober 2018 dari
                                                                                                    Notaris Nining Puspitaningtyas, S.H., M.H.
      2018                 12.268.74                  1.000.000             12.268.743.000.000
                                                                                                    Deed No. 293 dated October 27 th, 2018 from
                                                                                                    Notary Nining Puspitaningtyas, S.H., M.H.

                                                                                                    Akta No. 278 tanggal 31 Desember 2021 dari
                                                                                                    Notaris Nining Puspitaningtyas, S.H., M.H.
      2021                 19.168.743                 1.000.000             19.168.743.000.000      Deed No. 278 dated December 31 st, 2021
                                                                                                    from Notary Nining Puspitaningtyas, S.H.,
                                                                                                    M.H.

                                                                                                    Akta No. 122 tanggal 11 Januari 2023 dari
                                                                                                    Notaris Nining Puspitaningtyas, S.H., M.H.
      2022                 19.168.743                 1.000.000             19.168.743.000.000*
                                                                                                    Deed No. 122 dated January 11 th, 2023 from
                                                                                                    Notary Nining Puspitaningtyas, S.H., M.H.

                                                                                                    Akta No. 122 tanggal 11 Januari 2023 dari
                                                                                                    Notaris Nining Puspitaningtyas, S.H., M.H.
      2023                 22.368.743                 1.000.000             22.368.743.000.000
                                                                                                    Deed No. 122 dated January 11 th, 2023 from
                                                                                                    Notary Nining Puspitaningtyas, S.H., M.H


*Keterangan: Akta atas setoran modal tahun 2022 baru terbit di tahun 2023       *Note: Deed of paid-up capital in 2022 will only be published in 2023 so
sehingga total saham di akhir 2022 tidak ada perubahan                          there will be no change in the total shares at the end of 2022




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                                                                        Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KRONOLOGI PENERBITAN OBLIGASI
Bond Listing Chronology

Pada 13 November 2017, Perseroan telah mendapatkan                                              On November 13 th, 2017, the Company received an
surat pernyataan efektif dari Otoritas Jasa Keuangan                                            effective statement letter from the Financial Services
(OJK) No. S-438/D.04/2017 atas Penawaran perdana                                                Authority (OJK) No. S-438/D.04/2017 for the Initial Offering
penerbitan Obligasi I Kereta Api Indonesia tahun 2017                                           of KeretaApiIndonesia Bonds I in 2017 with a principal
dengan jumlah pokok sebesar Rp2.000.000.000 dan telah                                           amount of Rp2,000,000,000 and was listed on the
dicatatkan pada Bursa Efek Indonesia pada tanggal 21                                            Indonesia Stock Exchange on November 21 st, 2017.
November 2017.

Pada tanggal 6 Desember 2019, Perseroan telah                                                   On December 6 th, 2019, the Company received an
mendapatkan surat pernyataan efektif dari Otoritas Jasa                                         effective statement letter from the Financial Services
Keuangan (OJK) No. S-189/D.04/2019 atas Penawaran                                               Authority (OJK) No: S-189/D.04/2019 for the public offering
umum penerbitan Obligasi II Kereta Api Indonesia tahun                                          of the 2019 KeretaApi Indonesia Bond II with a principal
2019 dengan jumlah pokok sebesar Rp2.000.000.000,-                                              amount of Rp2,000,000,000 and has been listed on the
dan telah dicatatkan pada Bursa Efek Indonesia pada                                             Indonesia Stock Exchange on December 16 th, 2019.
tanggal 16 Desember 2019.

Pada tanggal 29 Juli 2022, Perseroan telah mendapatkan                                          On July 29 th, 2022, the Company received an effective
surat pernyataan efektif dari Otoritas Jasa Keuangan                                            statement letter from the Financial Service Authority
(OJK) No. S-148/D.04/2022 atas Penawaran Umum                                                   (OJK) No: S-189/D.04/2019 for the Sustainable Public
Berkelanjutan Obligasi Berkelanjutan I Kereta Api                                               Offering of Kereta Api Indonesia Sustainable Bonds I Phase
Indonesia Tahap I Tahun 2022, dan telah dicatatkan pada                                         I Year 2022 and has been listed on the Indonesia Stock
Bursa Efek Indonesia pada tanggal 3 Agustus 2022 sesuai                                         Exchange on August 3 rd, 2022 pursuant to IDX Letter No:
Surat BEI Nomor: S-06451/BEI. PP3/08-2022.                                                      S-06451/BEI. PP3/08-2022.

Selama tahun 2023, KAI tidak menerbitkan obligasi.                                              During 2023, KAI did not issue any bonds.

KRONOLOGI PENERBITAN OBLIGASI KAI                                                               KAI BOND PUBLISHING CHRONOLOGY
                                                                                                                                                           Peringkat
                              Tanggal
                                                                                                                                                         Payment Status
                             distribusi
                                                       Mata                             Harga         Tanggal Jatuh     Tingkat Suku        Status                          Wali
          Uraian          Obligasi secara     Tenor              Jumlah obligasi
No                                                     uang                           Penawaran           Tempo            Bunga         Pembayaran                       Amanat
       Description           Elektronik       Tenor                Total Bonds
                                                      Currency                       Offering Price     Due Date        Interest Rate   Payment Status                     Trustee
                          Electronic Bond                                                                                                                 2023   2022
                          Distribution Date


                                                                                     100% dari
     Obligasi I Seri A    21 November                                                nilai pokok      21 November
                                                                                                                        7,75% per
     Tahun 2017 /         2017 /                                                     obligasi /       2022 /                                                              PT Bank
 1                                              5       IDR      1.000.000.000.000                                      tahun / 7.75%   Lunas / Paid     idAAA   idAA+
     Bond I Series A      November 21 st,                                            100% of          November 21 st,                                                     Mega Tbk
                                                                                                                        per year
     Year 2017            2017                                                       principal        2022
                                                                                     value


                                                                                     100% dari
     Obligasi I Seri B    21 November                                                nilai pokok      21 November
                                                                                                                        8,25% per
     Tahun 2017 /         2017 /                                                     obligasi /       2024 /                            Belum lunas /                     PT Bank
 2                                              7       IDR      1.000.000.000.000                                      tahun / 8.25%                    idAAA   idAA+
     Bond I Series B      November 21 st,                                            100% of          November 21 st,                   Not paid yet                      Mega Tbk
                                                                                                                        per year
     Year 2017            2017                                                       principal        2024
                                                                                     value


                                                                                     100% dari
     Obligasi II Seri A   13 Desember                                                nilai pokok      13 Desember
                                                                                                                        7,75% per
     Tahun 2019 /         2019 /                                                     obligasi /       2024 /                            Belum lunas /                     PT Bank
 3                                              5       IDR      900.000.000.000                                        tahun / 7.75%                    idAAA   idAA+
     Bond II Series A     December 13 th,.                                           100% of          December 13 th,                   Not paid yet                      Mega Tbk
                                                                                                                        per year
     Year 2019            2019                                                       principal        2024
                                                                                     value


                                                                                     100% dari
     Obligasi II Seri B   13 Desember                                                nilai pokok      13 Desember
                                                                                                                        8,20% per
     Tahun 2019 /         2019 /                                                     obligasi /       2026 /                            Belum lunas /                     PT Bank
 4                                              7       IDR      1.100.000.000.000                                      tahun / 8.20%                    idAAA   idAA+
     Bond II Series B     December 13 th,                                            100% of          December 13 th,                   Not paid yet                      Mega Tbk
                                                                                                                        per year
     Year 2019            2019                                                       principal        2026
                                                                                     value




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                                         Profil Perusahaan
                                         Company Profile




                                                                                                                                                            Peringkat
                            Tanggal
                                                                                                                                                          Payment Status
                           distribusi
                                                      Mata                              Harga         Tanggal Jatuh    Tingkat Suku          Status                          Wali
          Uraian        Obligasi secara      Tenor               Jumlah obligasi
No                                                    uang                            Penawaran            Tempo          Bunga           Pembayaran                       Amanat
       Description         Elektronik        Tenor                 Total Bonds
                                                     Currency                        Offering Price      Due Date      Interest Rate     Payment Status                     Trustee
                        Electronic Bond                                                                                                                    2023   2022
                        Distribution Date


     Obligasi
     Berkelanjutan I                                                                 100% dari
     KAI Tahap I Seri                                                                nilai pokok
                        5 Agustus 2022                                                                5 Agustus 2027   7,10% per
     A Tahun 2022 /                                                                  obligasi /                                          Belum lunas /                     PT Bank
 5                      / August 5 th,         5       IDR       634.000.000.000                      / August 5 th,   tahun / 7.10%                      idAAA   idAA+
     Sustainable                                                                     100% of                                             Not paid yet                      Mega Tbk
                        2022                                                                          2027             per year
     Bonds I KAI                                                                     principal
     Phase I Series A                                                                value
     Year 2022


     Obligasi
     Berkelanjutan I                                                                 100% dari
     KAI Tahap I Seri                                                                nilai pokok
                        5 Agustus 2022                                                                5 Agustus        8,00% per
     B Tahun 2022 /                                                                  obligasi /                                          Belum lunas /                     PT Bank
6                       / August 5 th,         7       IDR       866.000.000.000                      2029 / August    tahun / 8.00%                      idAAA   idAA+
     Sustainable                                                                     100% of                                             Not paid yet                      Mega Tbk
                        2022                                                                          5 th, 2029       per year
     Bonds I KAI                                                                     principal
     Phase I Series B                                                                value
     Year 2022




KRONOLOGI PENERBITAN SUKUK
SUKUK ISSUANCE CHRONOLOGY

Pada 29 Juli 2022, Perseroan telah mendapatkan surat                                              On July 29 th, 2022, the Company received an effective
pernyataan efektif dari Otoritas Jasa Keuangan (OJK)                                              statement letter from the Financial Services Authority
Nomor: S-148/D.04/2022 atas penawaran Sukuk Ijarah                                                (OJK) Number: S-148/D.04/2022 for the offering of the
Berkelanjutan I Kereta Api Indonesia Tahap I Tahun 2022                                           Sukuk Ijarah Berkelanjutan I Kereta Api Indonesia Phase
dan telah dicatatkan pada Bursa Efek Indonesia pada                                               I Year 2022 and it was listed on the Indonesia Stock
tanggal 3 Agustus 2022 sesuai Surat BEI Nomor: S-06451/                                           Exchange on August 3rd, 2022, according to the IDX Letter
BEI.PP3/08-2022                                                                                   Number: S-06451/BEI.PP3/08-2022.

Selama tahun 2023, KAI tidak menerbitkan sukuk.                                                   During 2023, KAI did not issue any sukuk.

                                                                                                                                                            Peringkat
                            Tanggal
                                                                                                                                                          Payment Status
                           distribusi
                                                      Mata                              Harga         Tanggal Jatuh    Tingkat Suku          Status                          Wali
          Uraian        Obligasi secara      Tenor               Jumlah obligasi
No                                                    uang                            Penawaran            Tempo          Bunga           Pembayaran                       Amanat
       Description         Elektronik        Tenor                 Total Bonds
                                                     Currency                        Offering Price      Due Date      Interest Rate     Payment Status                     Trustee
                        Electronic Bond                                                                                                                    2023   2022
                        Distribution Date


                                                                                     100% dari
                                                                                     nilai sisa
     Sukuk Ijarah
                                                                                     imbalan
     Berkelanjutan I
                                                                                     Ijarah
     KAI Tahap I Seri
                        5 Agustus 2022                                               Sukuk            5 Agustus 2027   7,10% per
     A Tahun 2022 /                                                                                                                      Belum lunas /    idAAA   idAA+    PT Bank
 1                      / August 5 th,         5       IDR      117.350.000.000,00   Ijarah / 100%    / August 5 th,   tahun / 7.10%
     Sustainable                                                                                                                         Not paid yet     (sy)    (sy)     Mega Tbk
                        2022                                                         Remaining        2027             per year
     Sukuk Ijarah I
                                                                                     value of
     KAI Phase I
                                                                                     Ijarah
     Series A of 2022
                                                                                     Sukuk
                                                                                     benefits


                                                                                     100% dari
                                                                                     nilai sisa
     Sukuk Ijarah
                                                                                     imbalan
     Berkelanjutan I
                                                                                     Ijarah
     KAI Tahap I Seri
                        5 Agustus 2022                                               Sukuk            5 Agustus        8,00% per
     B Tahun 2022 /                                                                                                                      Belum lunas /    idAAA   idAA+    PT Bank
 2                      / August 5 th,         7       IDR      382.650.000.000,00   Ijarah / 100%    2029 / August    tahun / 8.00%
     Sustainable                                                                                                                         Not paid yet     (sy)    (sy)     Mega Tbk
                        2022                                                         Remaining        5 th, 2029       per year
     Sukuk Ijarah I
                                                                                     value of
     KAI Phase I
                                                                                     Ijarah
     Series B of 2022
                                                                                     Sukuk
                                                                                     benefits




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                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KRONOLOGI PENERBITAN DAN/ATAU
PENCATATAN EFEK LAINNYA
Other Securities Listing Chronology
Selama tahun 2023, KAI tidak melakukan penerbitan dan/             KAI did not issue other securities throughout 2023.
atau pencatatan efek lainnya




INFORMASI PENGGUNAAN JASA AKUNTAN PUBLIK (AP)
DAN KANTOR AKUNTAN PUBLIK (KAP)
Information on Public Accounting Service (AP) and Public Accounting Firm (KAP)

 Nama KAP / KAP Name                                           KAP Amir Abadi Jusuf, Aryanto, Mawar & Rekan


 Jaringan Asosiasi / Association Network                       RSM Indonesia


                                                               Gedung Plaza Asia, Lantai 10-11, Jl. Jenderal Sudirman Kav.59
 Alamat KAP / KAP Address
                                                               Senayan, Kebayoran Baru, Jakarta Selatan 12190, Indonesia

 Nama AP / AP Name                                             Dedy Sukrisnadi


 Periode Penugasan / Assignment Period                         2023



 Jasa yang Diberikan / Services Rendered                       Audit Tahun Buku 2023 / 2023 Fiscal Year Audit


 Jasa Non-Audit yang Diberikan / Non-Audit Services
                                                               -
 Rendered

 Biaya Audit / Audit Fee                                       Rp3.813.900.000

 Biaya Non-Audit / Non-Audit Fee                               -




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                         Profil Perusahaan
                         Company Profile




LEMBAGA DAN/ATAU PROFESI PENUNJANG
PERUSAHAAN
Supporting Institutions and/or Profession

Wali Amanat Obligasi                                                    Bonds Trustee

 Nama Name              PT Bank Mega TBK

 Alamat Address         Menara Bank Mega Jl. Kapten Tendean Kav 12-14 A Jakarta 12790


Lembaga Pemeringkat Efek                                                Securities Rating Agency

 Nama Name             PT Pemeringkat Efek Indonesia (Pefindo)

                       Equity Power Lt. 30 Sudirman Central Business District (SCBD) Lot 9      Jl.Jenderal Sudirman Kav.52-53
 Alamat Address
                       Jakarta 12190


Pengelola Informasi Perdagangan dan Pencatatan Saham                    Share Listing and Trading information Management

 Nama Name             PT Bursa Efek Indonesia

 Alamat Address        Gedung Bursa Efek Indonesia, Menara I Lantai 6 Jl. Jenderal Sudirman Kav. 52-53, Jakarta - 12190


Konsultan Hukum                                                         Legal Consultant

 Nama Name             Ali Budiardjo, Nugroho, Reksodiputro (ABNR)

 Alamat Address        Graha CIMB Niaga, 24th Floor Jl. Jend. Sudirman Kav. 58 Jakarta 12190


Notaris                                                                 Notary

 Nama Name             Fathiah Helmi, S.H

                       Graha Irama Lt. 6 Suite C
 Alamat Address
                       Jl. H.R. Rasuna Said Blok X-1, Kav. 1 & 2 Kuningan, Jakarta 12950



Tim Ahli Syariah                                                        Sharia Expert Team

 Nama Name             Tim Ahli Syariah

 Alamat Address        Jakarta




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                         Annual and Sustainability Report
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                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PENGHARGAAN DAN SERTIFIKASI
Awards and Certification

                                                                                                                Pemberi
               Nama Penghargaan                  Tempat dan Tanggal                      Event
 No                                                                                                           Penghargaan
                    Award                          Place and Date                        Event
                                                                                                               Appreciator

                                                                                                              Asia Pacific
                                                 Jakarta, 25 Januari 2023
        Predikat Platinum dalam kategori                                      Asia Pacific Contact Center     Contact Center
   1                                             Jakarta, January 25 th,
        The Best Business Contributions                                       Awards (CCAPAC)                 Awards
                                                 2023
                                                                                                              (CCAPAC)

        Best Public Relation in Company
        Innovation on Improving Railway          Jakarta, 24 Januari 2023
                                                                              Indonesia Public Relation       Warta Ekonomi
  2     Facilities, Infrastructure and Digital   Jakarta, January 24th,
                                                                              Awards (IPRA) 20235626560       Group
        Transformation (Category:                2023
        Transportation)

                                                                              18th Indonesia Best CEO
                                                 Jakarta, 28 Januari 2023
                                                                              Forum Commanding Growth
  3     The Best CEO 2022                        Jakarta, January 28th,                                       Majalah SWA
                                                                              Strategy Amidst Global Crisis
                                                 2023
                                                                              Challenge

                                                                                                              Kementerian
                                                                              BUMN Corporate
                                                                                                              BUMN
        Best Keterbukaan Informasi Publik        Jakarta, 9 Maret 2023        Communication and
  4                                                                                                           Ministry of
        Best Public Information Transparency     Jakarta, March 9 th, 2023    Sustainability Summit
                                                                                                              State-Owned
                                                                              (BCOMSS) 2023
                                                                                                              Enterprises

                                                                                                              Kementerian
        Juara 1 kategori Media Relations                                      BUMN Corporate
                                                                                                              BUMN
        Management                               Jakarta, 9 Maret 2023        Communication and
  5                                                                                                           Ministry of
        First Place in the Media Relations       Jakarta, March 9 th, 2023    Sustainability Summit
                                                                                                              State-Owned
        Management category                                                   (BCOMSS) 2023
                                                                                                              Enterprises

        BUMN Non Tbk Terpopuler di Media
        Cetak dan Online tahun 2022              Denpasar, 17 Maret 2023
  6     The Most Popular Non-Public Listed       Denpasar, March 17 th,       PR Indonesia Awards (PRIA)      PR Indonesia
        State-Owned Enterprises (SOE) in         2023
        Print and Online Media in 2022.

                                                                              Pemberlakuan Pembatasan
                                                                                                              Pemerintah
                                                                              Kegiatan Masyarakat (PPKM)
                                                                                                              Republik
                                                                              Award 2023
                                                 Jakarta, 20 Maret 2023                                       Indonesia
  7     Penghargaan PPKM Award 2023                                           Implementation of
                                                 Jakarta, March 20 th, 2023                                   The Government
                                                                              Community Activity
                                                                                                              of the Republic
                                                                              Restrictions (PPKM) Award
                                                                                                              of Indonesia
                                                                              2023.

        Best 50 CEO 2023 in Public Mass
                                                 Jakarta, 6 April 2023        Best 50 CEO 2023 in Public
  8     Transportation Category “Employees’                                                                   The Iconomics
                                                 Jakarta, April 6 th, 2023    Mass Transportation
        Choice”

                                                                              Indonesia Grand Digital
                                                                              Marketing Awards 2023
        The Creativity in a Social Media         Jakarta, 10 Mei 2023         dengan tema Improving
  9                                                                                                           Warta Ekonomi
        Campaign Category Transportation         Jakarta, May 10 th, 2023     Customer Experience and
                                                                              Engagement through
                                                                              Limitless Creativity

                                                                                                              Kementerian
                                                                                                              Investasi/Badan
                                                                                                              Koordinasi
        Perusahaan Penanaman Modal
                                                                                                              Penanaman
        Dalam Negeri (PMDM) Pionir Terbaik
                                                                                                              Modal (BKPM)
        Kategori Sektor Tersier                  Jakarta, 26 Mei 2023         Anugerah Investasi Pionir
  10                                                                                                          Ministry of
        Best Pioneer Domestic Investment         Jakarta, May 26 th, 2023     (AIP) Tahun 2023
                                                                                                              Investment/
        Company (PMDM) in the Tertiary
                                                                                                              Indonesia
        Sector Category
                                                                                                              Investment
                                                                                                              Coordinating
                                                                                                              Board (BKPM)

        Best Workplaces for Women 2023 in
                                                 Jakarta, 26 Mei 2023         Indonesian Best Workplace       HerStory
  11    Preventing Sexual Harassment
                                                 Jakarta, May 26 th, 2023     for Woman Awards 2023           Indonesia
        kategori Transportation Industry




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PT Kereta Api Indonesia (Persero)                                                                                                 137
                                                                        Annual and Sustainability Report
Page 138
                        Profil Perusahaan
                        Company Profile




                                                                                                             Pemberi
             Nama Penghargaan                  Tempat dan Tanggal                      Event
 No                                                                                                        Penghargaan
                  Award                          Place and Date                        Event
                                                                                                            Appreciator

      Pemimpin Terpopuler di Media
      Pemberitaan Online 2023                  Makassar, 16 Juni 2023       Indonesia Government Public    Humas
 12
      The Most Popular Leader in Online        Makassar, June 16 th, 2023   Relations Awards (IGA) 2023    Indonesia
      News Coverage 2023


      Direktur Keselamatan dan Keamanan
      KAI Sandry Pasambuna sebagai The
                                                                            The Health, Safety, and
      Best HSE Director of The Year 2023       Jakarta, 16 Juni 2023
 13                                                                         Environment (HSE) Indonesia    Majalah HSE
      Director of Safety and Security of KAI   Jakarta, June 16 th, 2023.
                                                                            Award 2023
      Sandry Pasambuna as The Best HSE
      Director of The Year 2023.


                                                                            BUMN Corporate
      Best Keterbukaan Informasi Publik        Jakarta, 9 Maret 2023        Communication and
 14                                                                                                        Majalah HSE
      Best Public Information Transparency     Jakarta, March 9 th, 2023    Sustainability Summit
                                                                            (BCOMSS) 2023


      KAI Sebagai The Greatest Champion
      of HSE Excellence of The Year 2023
                                                                            The Health, Safety, and
      (Transportation Services)                Jakarta, 16 Juni 2023
 15                                                                         Environment (HSE) Indonesia    Majalah HSE
      KAI as The Greatest Champion of HSE      Jakarta, June 16 th, 2023
                                                                            Award 2025
      Excellence of The Year 2023
      (Transportation Services)


      KAI Sebagai The Best Project
                                                                            The Health, Safety, and
      Concerned HSE 2023 (Transportation
                                               Jakarta, 16 Juni 2023        Environment (HSE) Indonesia
 16   Services)                                                                                            Majalah HSE
                                               Jakarta, June 16 th, 2023    Award 2026
      KAI as The Best Project Concerned
      HSE 2023 (Transportation Services)


                                                                            HUT ke-21 Komunitas Railfans
                                                                            IRPS (Indonesian Railways
      Rekor Pembuatan Miniatur Lokomotif
                                                                            Preservation Society)          Museum Rekor
      DD52 Terbesar                            Semarang, 2 Juli 2023
 17                                                                         The 21st Anniversary of the    Dunia Indonesia
      Record for Making the Largest DD52       Semarang, July 2 nd, 2023
                                                                            Indonesian Railways            (MURI)
      Locomotive Miniature
                                                                            Preservation Society (IRPS)
                                                                            Railfans Community


                                                                            HUT ke-21 Komunitas Railfans
      Rekor Pameran dan Pengoperasian
                                                                            IRPS (Indonesian Railways
      Printer Tridimensi Secara Non Stop
                                                                            Preservation Society)          Museum Rekor
      Terbanyak                                Semarang, 2 Juli 2023
 18                                                                         The 21st Anniversary of the    Dunia Indonesia
      Record of Exhibition and Operation of    Semarang, July 2 nd, 2023
                                                                            Indonesian Railways            (MURI)
      the Most Tridimensional Printers Non-
                                                                            Preservation Society (IRPS)
      Stop
                                                                            Railfans Community

      Vice President of Assessment and
      Human Resources Development Rika
      Rosita Ratnawati Sebagai The Best
      Leadership Development Focus on
      HC                                       Jakarta, 5 Juli 2023         Human Capital on Resilience    First Indonesia
 19
      Vice President of Assessment and         Jakarta, July 5 th, 2023     Excellence Award 2023          Magazine
      Human Resources Development Rika
      Rosita Ratnawati as The Best
      Leadership Development Focus on
      HC

      KAI Sebagai The Most Resilience
                                               Jakarta, 5 Juli 2023         Human Capital on Resilience    First Indonesia
 20   Company
                                               Jakarta, July 5 th, 2023     Excellence Award 2023          Magazine
      KAI as The Most Resilience Company

      KAI Sebagai The Best HR in Crisis
      Management and Recovery                  Jakarta, 5 Juli 2023         Human Capital on Resilience    First Indonesia
 21
      KAI as The Best HR in Crisis             Jakarta, July 5 th, 2023     Excellence Award 2023          Magazine
      Management and Recovery




                      Laporan Tahunan dan Keberlanjutan
138                                                                                        PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 139
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                                  Pemberi
               Nama Penghargaan                 Tempat dan Tanggal                         Event
 No                                                                                                             Penghargaan
                    Award                         Place and Date                           Event
                                                                                                                 Appreciator

        KAI Sebagai The Best HC Based
        Valuation Created                       Jakarta, 5 Juli 2023            Human Capital on Resilience     First Indonesia
  22
        KAI I as The Best HC Based Valuation    Jakarta, July 5 th, 2023        Excellence Award 2023           Magazine
        Created

        Vice President Public Relations
        Sebagai Tokoh PR Berpengaruh 2023
        dalam ajang The 3rd MAW                 Yogyakarta, 7 Juli 2023         The 3rd MAW Talk Awards
  23                                                                                                            MAW Talk
        Vice President of Public Relations      Yogyakarta, July 7 th, 2023     (MTA) 2023
        recognized as an Influential PR
        Figure 2023 at The 3rd MAW event.

        “Pulang” menjadi Film Terbaik dalam
        Anugerah Festival Film Pendek TVRI
                                                Bandung, 7 Juli 2023
        Jawa Barat 2023
                                                Bandung, July 7 th, 2023        Anugerah Festival Film          Televisi Republik
  24    “Pulang” won Best Film at the 2023
        TVRI West Java Short Film Festival                                      Pendek TVRI Jawa Barat 2023     Indonesia (TVRI)
        Awards.


        Peringkat ke 2 Kategori Top Belanja
        Seller Terbanyak Tahun 2023             Jakarta, 12 Juli 2023           PaadiUMKM Hybrid Expo 2023      Kementerian
  25
        Ranked 2nd in the Top Shopping          Jakarta, July 12 th, 2023                                       BUMN
        Sellers Category for 2023.

        Peringkat ke 2 Kategori Top belanja
        frekuensi transaksi Terbanyak kepada
        UMKM tahun 2023                         Jakarta, 12 Juli 2023                                           Kementerian
  26                                                                            PadiUMKM Hybrid Expo 2024
        Ranked 2nd in the Top Transaction       Jakarta, July 12 th, 2023                                       BUMN
        Frequency Shopping Category for
        MSMEs in 2023.

        Peringkat ke 2 BUMN terbaik Tahun
        2022                                    Jakarta, 12 Juli 2023                                           Kementerian
  27                                                                            PadiUMKM Hybrid Expo 2025
        Ranked 2nd among the Best State-        Jakarta, July 12 th, 2023                                       BUMN
        Owned Enterprises (SOE) in 2022.

        Daop 3 Cirebon Raih Penghargaan
        Sebagai Badan Publik Terinovatif di
        Kota Cirebon                            Cirebon, 19 Juli 2023                                           Komisi Informasi
  28                                                                            HUT Kota Cirebon ke-654
        Daop 3 Cirebon received an award as     Cirebon, July 19 th, 2023                                       Kota Cirebon
        the Most Innovative Public Agency in
        Cirebon City.

        Medali Emas Kategori Rapid Transit      Singapura, 22-27 Juli
                                                                                                                ASEAN Skills
        Systems                                 2023                            ASEAN Skills Competition
  29                                                                                                            Competition
        Gold Medal in the Rapid Transit         Singapura, July 22 nd - 27 th   (ASC) XIII
                                                                                                                (ASC
        Systems category.                       2023

        Divre II Sumatera Barat Raih
        Penghargaan Sebagai Lembaga
        Layanan Publik yang Akses dan                                                                           Perkumpulan
                                                Padang, 27-29 Juli 2023         Rakernas dengan tema ” Saiyo
        Ramah Disabilitas                                                                                       Penyandang
  30                                            Padang, July 27 th - 29 th      Sakato Kito Sajalah” PPDI se-
        Divre II West Sumatra received an                                                                       Disabilitas
                                                2023                            Indonesia
        award as a Public Service Institution                                                                   Indonesia (PPDI)
        that is Accessible and Disability-
        Friendly.

        KAI Meraih Penghargaan Corporates
        Reputations Awards in Category
        Transpotation                           Jakarta, 4 Agustus 2023         Indonesian Public Relations
  31                                                                                                            The Iconomics
        KAI received the Corporate              Jakarta, August 4 th, 2023      Summit 2023
        Reputation Award in the
        Transportation category.

        Vice President Public Relations Joni                                    Indonesian Public Relations
        Martinus Sebagai Persons Awards                                         Summit 2024
                                                Jakarta, 4 Agustus 2023
  32    2023                                                                                                    The Iconomics
                                                Jakarta, August 4 th, 2023
        Vice President Public Relations Joni
        Martinus as Persons Awards 2023




                                                                   Laporan Tahunan dan Keberlanjutan
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                                                                       Annual and Sustainability Report
Page 140
                        Profil Perusahaan
                        Company Profile




                                                                                                           Pemberi
             Nama Penghargaan                Tempat dan Tanggal                     Event
 No                                                                                                      Penghargaan
                  Award                        Place and Date                       Event
                                                                                                          Appreciator

      Stasiun Kebumen Raih Penghargaan
      Pengelolaan Lingkungan Hidup
      dalam Rangka Hari Jadi Kabupaten
      Kebumen ke-394.                        Kebumen, 21 Agustus
                                                                                                         Bupati
      Kebumen Station received an award      2023                        Hari Jadi Kabupaten
 33                                                                                                      Kabupaten
      for Environmental Management in        Kebumen, August 21 st,      Kebumen ke-394
                                                                                                         Kebumen
      commemoration of the 394th             2023
      Anniversary of Kebumen Regency.


      Direktur Niaga Hadis Surya Palapa
      Mendapatkan Penghargaan Jawa
      Barat Marketing Champion sektor        Bandung, 25 Agustus         Industry Marketing
      Transportasi                           2023                        Champion Jabar 2023             Markplus
 34
      Managing Director of Commerce          Bandung, August 25 th,                                      Institute
      Hadis Surya Palapa received the        2023
      West Java Marketing Champion
      award in the transportation sector.

      Febrian Kusuma Wardana
                                             Malaysia, 6 September                                       Malaysia
      Mendapatkan Penghargaan                                            International Quality &
                                             2023                                                        Productivity
 35   Outstanding                                                        Productivity Convention
                                             Malaysia, September 6 th,                                   Corporation
      Febrian Kusuma Wardana received                                    (IQPC) 2023
                                             2023                                                        (MPC), AMMPI
      an Outstanding award.

      Tim WFMS Mendapatkan                   Malaysia, 6 September                                       Malaysia
                                                                         International Quality &
      Penghargaan Exellent                   2023                                                        Productivity
 36                                                                      Productivity Convention
      The WFMS team received an              Malaysia, September 6 th,                                   Corporation
                                                                         (IQPC) 2024
      Excellent award.                       2023                                                        (MPC), AMMPI

      Tim The Crows KAI Mendapatkan          Malaysia, 6 September                                       Malaysia
                                                                         International Quality &
      Penghargaan Exellent                   2023                                                        Productivity
 37                                                                      Productivity Convention
      The Crows team at KAI received an      Malaysia, September 6 th,                                   Corporation
                                                                         (IQPC) 2025
      Excellent award.                       2023                                                        (MPC), AMMPI

      Penghargaan Badan Publik yang
      Melaksanakan Pelayanan Informasi       Jakarta, 14 September
      Publik Ramah Disabilitas               2023                        Layanan Informasi Publik        Komisi Informasi
 38
      Award for Public Agency                Jakarta, September 14 th,   Ramah Disabilitas               Pusat
      Implementing Disability-Friendly       2023
      Public Information Services.

      PT Kereta Api Indonesia Kategori
      Infrastructure, Utility,
      Telecomunication & Transportation as
      Practitioner of The Year 2023
                                             Jakarta, 20 September
      (Journalist Choice)
                                             2023                                                        MIX Marketing &
 39   PT Kereta Api Indonesia won the                                    Indonesia PR of The Year 2023
                                             Jakarta, September 20 th,                                   Communication
      Practitioner of the Year 2023
                                             2023
      (Journalist's Choice) award in the
      Infrastructure, Utility,
      Telecommunication & Transportation
      category.

      Direktur Utama Didiek Hartantyo
      Dinobatkan Sebagai Spokes Person as
      PR Practitioner of The Year 2023       Jakarta, 20 September
      (Journalist Choice)                    2023                                                        MIX Marketing &
 40                                                                      Indonesia PR of The Year 2023
      President Director Didiek Hartantyo    Jakarta, September 20 th,                                   Communication
      was named Spokesperson as PR           2023
      Practitioner of the Year 2023
      (Journalist's Choice).

      Medali Emas Kategori Medali Emas
      Invidual open trompet a.n Agung        Jember, 22-24
      Saputra                                September 2023              Kejuaraan Asian Music Games     Asian Music
 41
      Gold Medal in the Individual Open      Jember, September 22 nd -   (AMG) 2023                      Games (AMG)
      Trumpet category awarded to Agung      24 th 2023
      Saputra.




                      Laporan Tahunan dan Keberlanjutan
140                                                                                     PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 141
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                               Pemberi
               Nama Penghargaan                 Tempat dan Tanggal                     Event
 No                                                                                                          Penghargaan
                    Award                         Place and Date                       Event
                                                                                                              Appreciator

        Medali Emas Kategori Best Effect        Jember, 22-24
        Wind Ensemble Brass                     September 2023              Kejuaraan Asian Music Games      Asian Music
  42
        Gold Medal in the Best Effect Wind      Jember, September 22 nd -   (AMG) 2024                       Games (AMG)
        Ensemble Brass category.                24 th 2023

        Medali Emas Kategori Ensemble Wind      Jember, 22-24
        Brass Open                              September 2023              Kejuaraan Asian Music Games      Asian Music
  43
        Gold Medal in the Open Brass Wind       Jember, September 22 nd -   (AMG) 2025                       Games (AMG)
        Ensemble category.                      24 th 2023

        Medali Emas Kategori Concert band       Jember, 22-24
        Full Band                               September 2023              Kejuaraan Asian Music Games      Asian Music
  44
        Gold Medal in the Full Band Concert     Jember, September 22 nd -   (AMG) 2026                       Games (AMG)
        category.                               24 th 2023

        Medali Emas Kategori Invidual tenor
        Percussion Open a.n Acel Claudio        Jember, 22-24
        Simpati                                 September 2023              Kejuaraan Asian Music Games      Asian Music
  45
        Gold Medal in the Individual Open       Jember, September 22 nd -   (AMG) 2027                       Games (AMG)
        Tenor Percussion category awarded       24 th 2023
        to Acel Claudio Simpati.

        Medali Emas Kategori Best Music         Jember, 22-24
        Concert Band Full Band                  September 2023              Kejuaraan Asian Music Games      Asian Music
  46
        Gold Medal in the Best Music Concert    Jember, September 22 nd -   (AMG) 2028                       Games (AMG)
        Band Full Band category.                24 th 2023

        Medali Perak Kategori Invidual Open
                                                Jember, 22-24
        Marimba a.n Salma Aliyah
                                                September 2023              Kejuaraan Asian Music Games      Asian Music
  47    Silver Medal in the Individual Open
                                                Jember, September 22 nd -   (AMG) 2029                       Games (AMG)
        Marimba category awarded to Salma
                                                24 th 2023
        Aliyah.

        Medali Perak Kategori Battle            Jember, 22-24
        Percussion Drumline Open                September 2023              Kejuaraan Asian Music Games      Asian Music
  48
        Silver Medal in the Open Drumline       Jember, September 22 nd -   (AMG) 2030                       Games (AMG)
        Battle Percussion category.             24 th 2023

        Medali Perak Kategori Best Music        Jember, 22-24
        Wind Ensemble Brass Open                September 2023              Kejuaraan Asian Music Games      Asian Music
  49
        Silver Medal in the Best Music Wind     Jember, September 22 nd -   (AMG) 2031                       Games (AMG)
        Ensemble Brass Open category.           24 th 2023

        Medali Perak Kategori Best Costume
                                                Jember, 22-24
        International Street Parade Full Band
                                                September 2023              Kejuaraan Asian Music Games      Asian Music
  50    Silver Medal in the Best Costume
                                                Jember, September 22 nd -   (AMG) 2032                       Games (AMG)
        International Street Parade Full Band
                                                24 th 2023
        category.

        Medali Perunggu Kategori Best Effect    Jember, 22-24
        Concert Open Band                       September 2023              Kejuaraan Asian Music Games      Asian Music
  51
        Bronze Medal in the Best Effect         Jember, September 22 nd -   (AMG) 2033                       Games (AMG)
        Concert Open Band category.             24 th 2023

        Medali Perunggu Kategori                Jember, 22-24
        International Street Parade Full Band   September 2023              Kejuaraan Asian Music Games      Asian Music
  52
        Bronze Medal in the International       Jember, September 22 nd -   (AMG) 2034                       Games (AMG)
        Street Parade Full Band category.       24 th 2023

        Medali Perunggu Kategori Invidual
        Open Marimba a.n Putri Nazwa            Jember, 22-24
        Salsabil                                September 2023              Kejuaraan Asian Music Games      Asian Music
  53
        Bronze Medal in the Individual Open     Jember, September 22 nd -   (AMG) 2035                       Games (AMG)
        Marimba category awarded to Putri       24 th 2023
        Nazwa Salsabil.

        Medali Bronze Kategori The Best
        Agent Inbound Publik-Large a/n          Jakarta, 26 September
                                                                                                             The Best Contact
        Zauzany                                 2023                        Ajang The Best Contact
  54                                                                                                         Center Indonesia
        Bronze Medal in the Best Inbound        Jakarta, September 26 th,   Center Indonesia 2023
                                                                                                             2023
        Agent Public-Large category             2023
        awarded to Zauzany.




                                                                 Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                141
                                                                     Annual and Sustainability Report
Page 142
                        Profil Perusahaan
                        Company Profile




                                                                                                             Pemberi
             Nama Penghargaan                  Tempat dan Tanggal                      Event
 No                                                                                                        Penghargaan
                  Award                          Place and Date                        Event
                                                                                                            Appreciator

      Medali Bronze Kategori The Best
      Team Leader Customer Service a/n         Jakarta, 26 September
                                                                                                           The Best Contact
      Yosep Ali Akbar                          2023                        Ajang The Best Contact
 55                                                                                                        Center Indonesia
      Bronze Medal in the Best Team            Jakarta, September 26 th,   Center Indonesia 2024
                                                                                                           2024
      Leader Customer Service category         2023
      awarded to Yosep Ali Akbar.

      Medali Bronze Kategori Best of The
      Best Quality Assurance a/n Nikmah        Jakarta, 26 September
                                                                                                           The Best Contact
      Musahorotianti                           2023                        Ajang The Best Contact
 56                                                                                                        Center Indonesia
      Bronze Medal in the Best of the Best     Jakarta, September 26 th,   Center Indonesia 2025
                                                                                                           2025
      Quality Assurance category awarded       2023
      to Nikmah Musahorotianti.

      Medali Silver KategoriBest of The Best
                                               Jakarta, 26 September
      Supervisor a/n Sigit Supartono                                                                       The Best Contact
                                               2023                        Ajang The Best Contact Center
 57   Silver Medal Award in the Best of the                                                                Center Indonesia
                                               Jakarta, September 26 th,   Indonesia 2026
      Best Supervisor category awarded to                                                                  2026
                                               2023
      Sigit Supartono.

      Medali Silver Kategori The Best Team
                                               Jakarta, 26 September
      Leader Inbound a/n Salman Hakim                                                                      The Best Contact
                                               2023                        Ajang The Best Contact Center
 58   Silver Medal in the Best Team Leader                                                                 Center Indonesia
                                               Jakarta, September 26 th,   Indonesia 2027
      Inbound category awarded to                                                                          2027
                                               2023
      Salman Hakim.

      Medali Silver Kategori Best of The
      Best Agent English a/nShinta Norma       Jakarta, 26 September
                                                                                                           The Best Contact
      Sonanda                                  2023                        Ajang The Best Contact Center
 59                                                                                                        Center Indonesia
      Silver Medal in the Best of the Best     Jakarta, September 26 th,   Indonesia 2028
                                                                                                           2028
      Agent English category awarded to        2023
      Shinta Norma Sonanda.

      Medali Silver Kategori The Best
      Customer Service a/n Gemilau             Jakarta, 26 September
                                                                                                           The Best Contact
      Marshika                                 2023                        Ajang The Best Contact
 60                                                                                                        Center Indonesia
      Silver Medal in the Best Customer        Jakarta, September 26 th,   Center Indonesia 2029
                                                                                                           2029
      Service category awarded to Gemilau      2023
      Marshika.

      Medali Silver Kategori The Best Agent
                                               Jakarta, 26 September
      English a/n Kinanti Putri Yustiani                                                                   The Best Contact
                                               2023                        Ajang The Best Contact
 61   Silver Medal in the Best Agent                                                                       Center Indonesia
                                               Jakarta, September 26 th,   Center Indonesia 2030
      English category awarded to Kinanti                                                                  2030
                                               2023
      Putri Yustiani.

      Medali Silver Kategori Best of The
      Best Quality Assurance a/n               Jakarta, 26 September
                                                                                                           The Best Contact
      Aminatuzuhriah                           2023                        Ajang The Best Contact
 62                                                                                                        Center Indonesia
      Silver Medal in the Best of the Best     Jakarta, September 26 th,   Center Indonesia 2031
                                                                                                           2031
      Quality Assurance category awarded       2023
      to Aminatuzuhriah.

      Medali Platinum Kategori Best of The
      Best Team Leader Customer Service        Jakarta, 26 September
                                                                                                           The Best Contact
      a/n Nur Septiani                         2023                        Ajang The Best Contact
 63                                                                                                        Center Indonesia
      Platinum Medal in the Best of the        Jakarta, September 26 th,   Center Indonesia 2032
                                                                                                           2032
      Best Team Leader Customer Service        2023
      category awarded to Nur Septiani.

      Medali Platinum Kategori The Best
      Agent Inbound Publik - Large a/n
                                               Jakarta, 26 September
      Anggun Khusnul Khotimah                                                                              The Best Contact
                                               2023                        Ajang The Best Contact
 64   Platinum Medal in the Best Agent                                                                     Center Indonesia
                                               Jakarta, September 26 th,   Center Indonesia 2033
      Inbound Public - Large category                                                                      2033
                                               2023
      awarded to Anggun Khusnul
      Khotimah.




                      Laporan Tahunan dan Keberlanjutan
142                                                                                        PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 143
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                                 Pemberi
               Nama Penghargaan                   Tempat dan Tanggal                     Event
 No                                                                                                            Penghargaan
                    Award                           Place and Date                       Event
                                                                                                                Appreciator

        Medali Platinum Kategori The Best
        Agent Digital - Sosial Media a/n          Jakarta, 26 September
                                                                                                               The Best Contact
        Irbithul Fikriyah Al-Auhi                 2023                        Ajang The Best Contact
  65                                                                                                           Center Indonesia
        Platinum Medal in the Best Agent          Jakarta, September 26 th,   Center Indonesia 2034
                                                                                                               2034
        Digital - Social Media category           2023
        awarded to Irbithul Fikriyah Al-Auhi.

        Medali Silver Kategori Reliablity-Team
                                                  Jakarta, 26 September
        Ganda Putra a/n KAI                                                                                    The Best Contact
                                                  2023                        Ajang The Best Contact
  66    Silver Medal in the Reliability - Men's                                                                Center Indonesia
                                                  Jakarta, September 26 th,   Center Indonesia 2035
        Doubles Team category awarded to                                                                       2035
                                                  2023
        KAI.

        Medali Silver Kategori Scheduling         Jakarta, 26 September
                                                                                                               The Best Contact
        Teamwork a/n KAI                          2023                        Ajang The Best Contact
  67                                                                                                           Center Indonesia
        Silver Medal in the Scheduling            Jakarta, September 26 th,   Center Indonesia 2036
                                                                                                               2036
        Teamwork category awarded to KAI.         2023

        Medali Platinum Kategori The Best         Jakarta, 26 September
                                                                                                               The Best Contact
        Operations a/n KAI                        2023                        Ajang The Best Contact
  68                                                                                                           Center Indonesia
        Platinum Medal in the Best                Jakarta, September 26 th,   Center Indonesia 2037
                                                                                                               2037
        Operations category awarded to KAI.       2023

        Medali Platinum Kategori The Best         Jakarta, 26 September
                                                                                                               The Best Contact
        Digital Media a/n KAI                     2023                        Ajang The Best Contact
  69                                                                                                           Center Indonesia
        Platinum Medal in the Best Digital        Jakarta, September 26 th,   Center Indonesia 2038
                                                                                                               2038
        Media category awarded to KAI.            2023

        Medali Platinum Kategori The Best
                                                  Jakarta, 26 September
        Business Contribution a/n KAI                                                                          The Best Contact
                                                  2023                        Ajang The Best Contact
  70    Platinum Medal in the Best Business                                                                    Center Indonesia
                                                  Jakarta, September 26 th,   Center Indonesia 2039
        Contribution category awarded to                                                                       2039
                                                  2023
        KAI.

        Medali Gold Kategori The Best             Jakarta, 26 September
                                                                                                               The Best Contact
        Customer Experience a/n KAI               2023                        Ajang The Best Contact
  71                                                                                                           Center Indonesia
        Gold Medal in the Best Customer           Jakarta, September 26 th,   Center Indonesia 2040
                                                                                                               2040
        Experience category awarded to KAI.       2023

        Medali Gold Kategori The Best People
                                                  Jakarta, 26 September
        Development a/n KAI                                                                                    The Best Contact
                                                  2023                        Ajang The Best Contact
  72    Gold Medal in the Best People                                                                          Center Indonesia
                                                  Jakarta, September 26 th,   Center Indonesia 2041
        Development category awarded to                                                                        2041
                                                  2023
        KAI.

        Medali Gold Kategori The Best
                                                  Jakarta, 26 September
        Employee Engagement a/n KAI                                                                            The Best Contact
                                                  2023                        Ajang The Best Contact
  73    Gold Medal in the Best Employee                                                                        Center Indonesia
                                                  Jakarta, September 26 th,   Center Indonesia 2042
        Engagement category awarded to                                                                         2042
                                                  2023
        KAI.

        Daop 8 Raih Penghargaan Stand             Surabaya, 8 Oktober 2023
        Branding Promo Terbaik                    Surabaya, October 8 th,
  74                                                                          Jatim Fest 2023                  Jatim Fest 2023
        Daop 8 received the award for Best        2023
        Promotional Branding Stand.

        Direktur Utama Didiek Hartantyo
        Dinobatkan sebagai Best of All in
        Classification by Audience, Activity,
        Engagement                                Bali, 27 Oktober 2023       Digital 5.0 KIP BUMN Awards
  75                                                                                                           BUMN TRACK
        President Director Didiek Hartantyo       Bali, October 27 th, 2023   2023
        was named Best of All in
        Classification by Audience, Activity,
        and Engagement.

        Direktur Utama Didiek Hartantyo
        Dinobatkan sebagai Best of All of
        BUMN Director by Audience, Activity,
        Engagement                                Bali, 27 Oktober 2024       Digital 5.0 KIP BUMN Awards
  76                                                                                                           BUMN TRACK
        President Director Didiek Hartantyo       Bali, October 27 th, 2024   2024
        was named Best of All SOE Directors
        by Audience, Activity, and
        Engagement.




                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  143
                                                                        Annual and Sustainability Report
Page 144
                         Profil Perusahaan
                         Company Profile




                                                                                                            Pemberi
             Nama Penghargaan                  Tempat dan Tanggal                    Event
 No                                                                                                       Penghargaan
                  Award                          Place and Date                      Event
                                                                                                           Appreciator

      Direktur Utama Didiek Hartantyo
      Dinobatkan Sebagai The Most
      Interact Person by Engagement            Bali, 27 Oktober 2025       Digital 5.0 KIP BUMN
 77                                                                                                      BUMN TRACK
      President Director Didiek Hartantyo      Bali, October 27 th, 2025   Awards 2025
      was named The Most Interactive
      Person by Engagement.

      PT Kereta Api Indonesia Dinobatkan
      Sebagai The Most Active BUMN By
      Activity                                 Bali, 27 Oktober 2026       Digital 5.0 KIP BUMN
 78                                                                                                      BUMN TRACK
      PT Kereta Api Indonesia was named        Bali, October 27 th, 2026   Awards 2026
      The Most Active State-Owned
      Enterprise (SOE) by Activity.

      PT Kereta Api Indonesia Dinobatkan
      Sebagai Best of All By Audience,
      Activity, Engagement                     Bali, 27 Oktober 2027       Digital 5.0 KIP BUMN
 79                                                                                                      BUMN TRACK
      PT Kereta Api Indonesia was named        Bali, October 27 th, 2027   Awards 2027
      Best of All by Audience, Activity, and
      Engagement.

      Gold Winner untuk Kategori Kategori      Jakarta, 4 November
      Kanal Digital, Sub Kategori Website.     2023                        Ajang Anugerah Humas
 80                                                                                                      Humas Indonesia
      Gold Winner in the Digital Channel       Jakarta, November 4 th,     Indonesia (AHI) 2023
      category, Subcategory Website.           2023

      Gold Winner untuk Kategori
      Pelayanan Keterbukaan Informasi
      Publik Terinovatif, Sub Kategori         Jakarta, 4 November
      Laporan Pelayanan Informasi Publik       2023                        Ajang Anugerah Humas
 81                                                                                                      Humas Indonesia
      Gold Winner in the Innovative Public     Jakarta, November 4 th,     Indonesia (AHI) 2023
      Information Service category,            2023
      Subcategory Public Information
      Service Report.

      Daop 8 Surabaya Terima
      Penghargaan Badan Usaha
                                               Surabaya, 9 November
      Penggerak Ekonomi Pariwisata Jawa
                                               2023
 82   Timur                                                                HUT ke-34 Harian Surya        Tribun Network
                                               Surabaya, November 9 th,
      Daop 8 Surabaya received the award
                                               2023
      for Economic Driver of Tourism in
      East Java.

      KAI Meraih Penghargaan Dalam
      Penerapan Keselamatan dan
      Kesehatan Kerja (K3) Perkantoran
      Kategori Kantor OPD Tingkat 1 BUMD
                                               Jakarta, 10 November        Penghargaan Kementerian       Kementerian
      / Swasta Setara
                                               2023                        Kesehatan di Lingkungan       Kesehatan
 83   KAI received an award for the
                                               Jakarta, November 10 th,    Direktorat Jenderal           Republik
      Implementation of Occupational
                                               2023                        Kesehatan Masyarakat          Indonesia
      Health and Safety (K3) in the Office
      category for Level 1 Regional Public
      Enterprises (BUMD) / Equivalent
      Private Sector.

      Anugerah Emas Kategori Organisasi        Jakarta, 16 November
                                                                                                         Badan
      Besar Jasa                               2023                        SNI Award 2023 18th
 84                                                                                                      Standardisasi
      Gold Award in the Large Service          Jakarta, November 16 th,    National Award of Indonesia
                                                                                                         Nasional (BSN)
      Organization category.                   2023

      Piagam penghargaan kategori terbaik
                                                                                                         Kementerian
      Stasiun PT Kereta Api Indonesia -        Jakarta, 21 November
                                                                           Pemantauan dan evaluasi       Pendayagunaan
      Stasiun Gambir                           2023
 85                                                                        kinerja penyelenggaraan       Aparatur Negara
      Certificate of Appreciation for Best     Jakarta, November 21 st,
                                                                           pelayanan publik 2023         dan Reformasi
      Station awarded to PT Kereta Api         2023
                                                                                                         Birokrasi (PANRB)
      Indonesia - Gambir Station.




                       Laporan Tahunan dan Keberlanjutan
144                                                                                       PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 145
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                               Pemberi
               Nama Penghargaan                 Tempat dan Tanggal                     Event
 No                                                                                                          Penghargaan
                    Award                         Place and Date                       Event
                                                                                                              Appreciator

        PT Kereta Api Indonesia (Persero)
        Dinobatkan Sebagai Indonesia Best
                                                Jakarta, 29 November
        Companies in Creating Leaders from                                  SWA Creating Future-Ready
                                                2023                                                         SWA Media
  86    Within 2023                                                         Leaders for Organizational
                                                Jakarta, November 29 th,                                     Group
        PT Kereta Api Indonesia (Persero) was                               Excellence and Agility
                                                2023
        named Indonesia's Best Companies
        in Creating Leaders from Within 2023.

        Direktur Keuangan dan Manajemen
        Risiko Salusra Wijaya Dinobatkan
        Sebagai The Best CFO: Excellent in
                                                Jakarta, 1 Desember 2023
        Accountability                                                      Bisnis Indonesia TOP BUMN
  87                                            Jakarta, December 1 st,                                      Bisnis Indonesia
        Director of Finance and Risk                                        Awards 2023
                                                2023
        Management Salusra Wijaya was
        named The Best CFO: Excellent in
        Accountability.

        Gold untuk Depma - Sarana Daop 5        Yogyakarta, 30 November
                                                                            TEMU KARYA MUTU &                PT Wahana
        Purwokerto                              2023
  88                                                                        PRODUKTIVITAS NASIONAL           Kendali Mutu
        Gold for Depma - Facilities Daop 5      Yogyakarta, November
                                                                            XXVII                            (PT WKM)
        Purwokerto.                             30 th, 2023

                                                Yogyakarta, 30 November
                                                                            TEMU KARYA MUTU &                PT Wahana
        Gold untuk Star GX - BY Yogyakarta      2023
  89                                                                        PRODUKTIVITAS NASIONAL           Kendali Mutu
        Gold for Star GX - BY Yogyakarta.       Yogyakarta, November
                                                                            XXVII                            (PT WKM)
                                                30 th, 2023

                                                Yogyakarta, 30 November
        Platinum untuk Star GX - BY                                         TEMU KARYA MUTU &                PT Wahana
                                                2023
  90    Yogyakarta                                                          PRODUKTIVITAS NASIONAL           Kendali Mutu
                                                Yogyakarta, November
        Platinum for Star GX - BY Yogyakarta.                               XXVII                            (PT WKM)
                                                30 th, 2023

        Platinum untuk Fortune - JJ Daop 9      Yogyakarta, 30 November
                                                                            TEMU KARYA MUTU &                PT Wahana
        Jember                                  2023
  91                                                                        PRODUKTIVITAS NASIONAL           Kendali Mutu
        Platinum for Fortune - JJ Daop 9        Yogyakarta, November
                                                                            XXVII                            (PT WKM)
        Jember.                                 30 th, 2023

        Platinum untuk Digimen - BY Sinyal
                                                Yogyakarta, 30 November
        dan Telekomunikasi Listrik dan LAA                                  TEMU KARYA MUTU &                PT Wahana
                                                2023
  92    Platinum for Digimen - BY Electric                                  PRODUKTIVITAS NASIONAL           Kendali Mutu
                                                Yogyakarta, November
        Signaling and telecommunications                                    XXVII                            (PT WKM)
                                                30 th, 2023
        and LAA

                                                Yogyakarta, 30 November
                                                                            TEMU KARYA MUTU &                PT Wahana
        Platinum untuk Simpro - BY Lahat        2023
  93                                                                        PRODUKTIVITAS NASIONAL           Kendali Mutu
        Platinum for Simpro - BY Lahat          Yogyakarta, November
                                                                            XXVII                            (PT WKM)
                                                30 th, 2023

        Platinum untuk Automata - BY            Yogyakarta, 30 November
                                                                            TEMU KARYA MUTU &                PT Wahana
        Yogyakarta                              2023
  94                                                                        PRODUKTIVITAS NASIONAL           Kendali Mutu
        Platinum for Automata - BY              Yogyakarta, November
                                                                            XXVII                            (PT WKM)
        Yogyakarta                              30 th, 2023

        Platinum untuk Ticno Remot - Sarana     Yogyakarta, 30 November
                                                                            TEMU KARYA MUTU &                PT Wahana
        Daop 8 Surabaya                         2023
  95                                                                        PRODUKTIVITAS NASIONAL           Kendali Mutu
        Platinum for Ticno Remot - Rolling      Yogyakarta, November
                                                                            XXVII                            (PT WKM)
        Stock Daop 8 Surabaya                   30 th, 2023

        Platinum untuk 3 Logic - Sinyal dan
        Telekomunikasi Listrik Divre 3          Yogyakarta, 30 November
                                                                            TEMU KARYA MUTU &                PT Wahana
        Palembang                               2023
  96                                                                        PRODUKTIVITAS NASIONAL           Kendali Mutu
        Platinum for 3 Logic - Electric         Yogyakarta, November
                                                                            XXVII                            (PT WKM)
        Signaling and Telecommunications        30 th, 2023
        Divre 3 Palembang

        Platinum untuk Refurmas JJ Daop 2       Yogyakarta, 30 November
                                                                            TEMU KARYA MUTU &                PT Wahana
        Bandung                                 2023
  97                                                                        PRODUKTIVITAS NASIONAL           Kendali Mutu
        Platinum for Refurmas JJ Daop 2         Yogyakarta, November
                                                                            XXVII                            (PT WKM)
        Bandung                                 30 th, 2023




                                                                 Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                145
                                                                     Annual and Sustainability Report
Page 146
                         Profil Perusahaan
                         Company Profile




                                                                                                            Pemberi
              Nama Penghargaan                  Tempat dan Tanggal                    Event
 No                                                                                                       Penghargaan
                   Award                          Place and Date                      Event
                                                                                                           Appreciator

       Platinum untuk Smart Resort - JJ         Yogyakarta, 30 November
                                                                           TEMU KARYA MUTU &              PT Wahana
       Daop 9 Jember                            2023
 98                                                                        PRODUKTIVITAS NASIONAL         Kendali Mutu
       Platinum for Smart Resort - JJ Daop      Yogyakarta, November
                                                                           XXVII                          (PT WKM)
       9 Jember                                 30 th, 2023

       Diamond untuk Dencow Tools -             Yogyakarta, 30 November
                                                                           TEMU KARYA MUTU &              PT Wahana
       Sarana Daop 6 Yogyakarta                 2023
 99                                                                        PRODUKTIVITAS NASIONAL         Kendali Mutu
       Diamond for Dencow Tools - Rolling       Yogyakarta, November
                                                                           XXVII                          (PT WKM)
       Stock Daop 6 Yogyakarta                  30 th, 2023

       Direktur Keuangan dan Manajemen
       Risiko Salusra Wijaya Dinobatkan
       Sebagai The Best CFO: Excellent in
                                                Jakarta, 1 Desember 2023
       Accountability                                                      Bisnis Indonesia TOP BUMN
 100                                            Jakarta, December 1 st,                                   Bisnis Indonesia
       Managing Director of Finance and                                    Awards 2023
                                                2023
       Risk Management Salusra Wijaya
       was named The Best CFO: Excellent
       in Accountability.

       Direktur Keuangan dan Manajemen
       Risiko Salusra Wijaya Dinobatkan
       Sebagai The Best CFO: Excellent in       Kuala Lumpur, 1                                           Contact Center
       Accountability                           Desember 2023              Contact Center Associations    Associations
 101
       Director of Finance and Risk             Kuala Lumpur,              Asia Pacific ( CC APAC)        Asia Pacific ( CC
       Management Salusra Wijaya was            Desember 1 st, 2023                                       APAC)
       named The Best CFO: Excellent in
       Accountability.

       PT KAI Divre IV Tanjungkarang Raih
       Penghargaan sebagai Badan Publik
       dengan Predikat Informatif Kategori
                                                Lampung, 4 Desember
       BUMN                                                                Anugerah Keterbukaan           Komisi Informasi
                                                2023
 102   PT KAI Divre IV Tanjungkarang                                       Informasi Publik Tingkat       Provinsi
                                                Lampung, December 4 th,
       received an award as a Public                                       Provinsi Lampung tahun 2023    Lampung
                                                2023
       Agency with Informative Predicate in
       the State-Owned Enterprises (SOE)
       category.

       The Best Industry Marketing
       Champion 2023 untuk Sektor               Jakarta, 7 Desember
       Transportasi                             2023                       Marketeer of the Year (MOTY)
 103                                                                                                      MarkPlus, Inc
       The Best Industry Marketing              Jakarta, Desember 7 th,    2023
       Champion 2023 for the                    2023
       Transportation Sector.

       DAOP 1 Jakarta Raih Piagam
       Penghargaan atas Peran Memberikan
                                                                           Program Pahlawan Ekonomi
       Kesempatan Kerja bagi Penyandang         Jakarta, 9 Desember
                                                                           Nusantara (PENA) dan
       Disabilitas                              2023                                                      Kementerian
 104                                                                       Tatarupa
       DAOP 1 Jakarta received a certificate    Jakarta, Desember 9 th,                                   Sosial RI
       of appreciation for its role in          2023
       providing job opportunities for people
       with disabilities.

       “Platinum Winner” Creative
       Communication and Implementation
       pada Kategori “Marketing”
       Perusahaan BUMN dan Perusahaan           Jakarta, 13 Desember
                                                                           BUMN Branding and
       TBK                                      2023
 105                                                                       Marketing Awards (BBMA)        BUMN Track
       "Platinum Winner" for Creative           Jakarta, December 13 th,
                                                                           2023
       Communication and Implementation         2023
       in the "Marketing" category for State-
       Owned Enterprises (SOE) and Publicly
       Listed Companies (TBK).




                       Laporan Tahunan dan Keberlanjutan
146                                                                                       PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 147
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                               Pemberi
               Nama Penghargaan                 Tempat dan Tanggal                     Event
  No                                                                                                         Penghargaan
                    Award                         Place and Date                       Event
                                                                                                              Appreciator

        Peringkat 2 Sebagai Badan Publik
        dengan Kualifikasi Informatif dalam
        Pelaksanaan Monitoring dan Evaluasi
        Keterbukaan Informasi Publik Tahun
        2023 Kategori Bandan Usaha Milik        Jakarta, 19 Desember
                                                                                                             Komisi Informasi
        Negara                                  2023                        Anugerah Keterbukaan
  106                                                                                                        Pusat Republik
        Ranked 2nd as a Public Agency with      Jakarta, December 19 th,    Informasi Publik Tahun 2023
                                                                                                             Indonesia
        Informative Qualification in the 2023   2023
        Monitoring and Evaluation of Public
        Information Transparency in the
        State-Owned Enterprises (SOE)
        category.

        Penghargaan Kategori Best Project
        Fellowship: Train Journey Safety        Jakarta, 20 Desember
                                                                            Professional Fellowship and
        Monitoring                              2023
  107                                                                       Journalism Competition           Esri Indonesia
        Award in the Best Project Fellowship    Jakarta, December 20 th,
                                                                            Award 2023
        category: Train Journey Safety          2023
        Monitoring.




                                                                 Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                147
                                                                     Annual and Sustainability Report
Page 148
                          Profil Perusahaan
                          Company Profile




SERTIFIKASI                                                       CERTIFICATION

      Nama Sertifikat                                                  Dikeluarkan Oleh                 Masa Berlaku
                                              Unit
       Certificate Name                                                     Issued by                   Validity Period

 Kantor Pusat | Head Office

                                                                                                 24 Juli 2020 - 23 Juli 2023
                                Quality Assurance & GCG                                          July 24 th, 2020 – July 23 rd,
 ISO 37001:2016                                                   PT TUV NORD Indonesia
                                (ISQ)                                                            2023


                                                                                                 22 September 2020 - 21
                                Pengadaan Barang & Jasa
                                                                                                 September 2023
                                (KLU) / freight and Services
 ISO 37001:2016                                                   PT Sucofindo (Persero)         September 22 nd, 2020 -
                                Procurement (KLU)
                                                                                                 September 21 st, 2023



 ISO 9001:2015                                                                                   30 Desember 2020 - 21 Juni
                                Corporate Document
                                                                  PT SAI Global                  2023 / December 30 th, 2020
                                Management (USD)
                                                                                                 – June 21 st, 2023

                                                                                                 9 Juni 2021 -10 Juni 2024 /
 ISO 9001:2015                  Contact Center 121                PT SAI Global                  June 9 th, 2021 – June 10 th,
                                                                                                 2024

                                Pusat Pendidikan dan
                                Pelatihan Ir. H. D juanda / Ir.                                  7 Juli 2021 - 7 Juli 2024 /
 ISO 9001:2015                                                    PT Bureau Veritas Indonesia
                                H. D juanda Education and                                        July 7 th, 2021 – July 7 th, 2024
                                Training Center

                                Balai Pelatihan Opsar Agus
                                                                                                 7 Juli 2021 - 7 Juli 2024 /
 ISO 9001:2015                  Suroto / Opsar Agus Suroto        PT Bureau Veritas Indonesia
                                Training Center
                                                                                                 July 7 th, 2021 – July 7 th, 2024

                                Balai Pelatihan Sinyal dan
                                Telekomunikasi Listrik /
                                                                                                 7 Juli 2021 - 7 Juli 2024 /
 ISO 9001:2015                  Electric Signaling and            PT Bureau Veritas Indonesia
                                                                                                 July 7 th, 2021 – July 7 th, 2024
                                Telecommunications
                                Training Center

                                Balai Pelatihan Teknik
                                Perkeretaapian Sofyan Hadi /                                     7 Juli 2021 - 7 Juli 2024 /
 ISO 9001:2015                                                    PT Bureau Veritas Indonesia
                                Sofyan Hadi Railway                                              July 7 th, 2021 – July 7 th, 2024
                                Engineering Training Center

                                Balai Pelatihan Teknik Traksi
                                Darman Prasetyo / Darman                                         7 Juli 2021 - 7 Juli 2024 /
 ISO 9001:2015                                                    PT Bureau Veritas Indonesia
                                Prasetyo Traction                                                July 7 th, 2021 – July 7 th, 2024
                                Engineering Training Center

                                Balai Pelatihan Sriwijaya Ascep
                                                                                                 7 Juli 2021 - 7 Juli 2024 /
 ISO 9001:2015                  Sunarto / Sriwijaya Ascep         PT Bureau Veritas Indonesia
                                Sunarto Training Center
                                                                                                 July 7 th, 2021 – July 7 th, 2024

                                                                                                 5 September 2022 - 4
 ISO 37001:2016
                                Kantor Pusat Bandung /                                           September 2025 /
                                                                  PT TUV NORD Indonesia
                                Bandung Head Office                                              September 5 th, 2022 –
                                                                                                 September 4 th, 2025

 Balai Yasa Sarana

                                                                                                 17 Mei 2022 - 16 Mei 2025 /
 ISO 27001:2013                 Balai Yasa Manggarai              CBQA Global                    May 17 th, 2022 – May 16 th,
                                                                                                 2025

                                                                                                 17 Mei 2022 - 16 Mei 2025 /
 ISO 27001:2013                 Balai Yasa Tegal                  CBQA Global                    May 17 th, 2022 – May 16 th,
                                                                                                 2025

                                                                                                 17 Mei 2022 - 16 Mei 2025 /
 ISO 27001:2013                 Balai Yasa Yogyakarta             CBQA Global                    May 17 th, 2022 – May 16 th,
                                                                                                 2025

                                                                                                 17 Mei 2022 - 16 Mei 2025 /
                                Balai Yasa Surabaya
 ISO 27001:2013                                                   CBQA Global                    May 17 th, 2022 – May 16 th,
                                Gubeng
                                                                                                 2025




                       Laporan Tahunan dan Keberlanjutan
148                                                                                         PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 149
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




        Nama Sertifikat                                               Dikeluarkan Oleh                   Masa Berlaku
                                           Unit
        Certificate Name                                                    Issued by                     Validity Period

                                                                                                   17 Mei 2022 - 16 Mei 2025 /
 ISO 27001:2013                Balai Yasa Lahat                  CBQA Global                       May 17 th, 2022 – May 16 th,
                                                                                                   2025

                                                                                                   17 Mei 2022 - 16 Mei 2025 /
 ISO 27001:2013                Balai Yasa Pulubrayan             CBQA Global                       May 17 th, 2022 – May 16 th,
                                                                                                   2025

                                                                                                   6 April 2023 - 26 April 2026/
 ISO 9001:2015                 Balai Yasa Manggarai              PT Intertek SAI Global            April 6 th, 2023 - April 26 th,
                                                                                                   2026

                                                                                                   11 April 2023 - 23 Mei 2026/
 ISO 9001:2015                 Balai Yasa Tegal                  PT Intertek SAI Global            April 11 th, 2023 - May 23 rd,
                                                                                                   2026

                                                                                                   7 April 2023 - 21 Mei 2026 /
 ISO 9001:2015                 Balai Yasa Yogyakarta             PT Intertek SAI Global            April 7 th, 2023 - May 21 st,
                                                                                                   2026

                               Balai Yasa Surabaya                                                 11 April 2023 - 23 Mei 2026 /
 ISO 9001:2015                                                   PT Intertek SAI Global
                               Gubeng                                                              April 11, 2023 - May 23, 2026

                                                                                                   6 April 2023 - 26 April 2026 /
 ISO 9001:2015                 Balai Yasa Lahat                  PT Intertek SAI Global            April 6 th, 2023 - April 26 th,
                                                                                                   2026

                                                                                                   28 September 2020 -27
                                                                                                   September 2023 /
 ISO 14001:2015                Balai Yasa Yogyakarta             PT Sucofindo (Persero)
                                                                                                   September 28 th, 2020 –
                                                                                                   September 27 th, 2023

                                                                                                   7 September 2022 - 6
                                                                                                   September 2025 /
 ISO 37001:2016                Balai Yasa Manggarai              PT TUV NORD Indonesia
                                                                                                   September 7 th, 2022 –
                                                                                                   September 6 th, 2025

                                                                                                   17 September 2020 -16
                                                                 Kementerian Ketenagakerjaan
                                                                                                   September 2023 /
 SMK3                          Balai Yasa Surabaya Gubeng        RI / Ministry of Manpower of
                                                                                                   September 17 th, 2020 –
                                                                 Republic of Indonesia
                                                                                                   September 16 th, 2023

                                                                                                   17 September 2020 -16
                                                                 Kementerian Ketenagakerjaan
                                                                                                   September 2023 /
 SMK3                          Balai Yasa Yogyakarta             RI / Ministry of Manpower of
                                                                                                   September 17 th, 2020 –
                                                                 Republic of Indonesia
                                                                                                   September 16 th, 2023

                                                                                                   17 September 2020 -16
                                                                 Kementerian Ketenagakerjaan
                                                                                                   September 2023 /
 SMK3                          Balai Yasa Tegal                  RI / Ministry of Manpower of
                                                                                                   September 17 th, 2020 –
                                                                 Republic of Indonesia
                                                                                                   September 16 th, 2023

                                                                                                   28 September 2020 -27
                                                                                                   September 2023 /
 ISO 14001:2016                Balai Yasa Yogyakarta             PT Sucofindo (Persero)
                                                                                                   September 28 th, 2020 –
                                                                                                   September 27 th, 2023

                                                                                                   18 Desember 2023 - 17
                                                                                                   Desember 2026 / December
 ISO 14001:2016                Balai Yasa Tegal                  PT Sucofindo (Persero)
                                                                                                   18 th, 2023 - December 27 th,
                                                                                                   2026

                                                                                                   2 Desember 2022 - 1
                                                                                                   Desember 2025 / December
 ISO 14001:2016                Dipo Lokomotif Cirebon            PT Sucofindo (Persero)
                                                                                                   2 nd, 2023 - December 1 st,
                                                                                                   2026

 Balai Yasa Prasarana

                                                                                                   23 Desember 2019 - 22
                               Balai Yasa Mekanik Cirebon                                          Desember 2025 / December
 ISO 9001:2015                                                   PT TUV NORD Indonesia
                               Prujakan                                                            23 rd, 2019 – December 22 nd,
                                                                                                   2025




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                         Profil Perusahaan
                         Company Profile




      Nama Sertifikat                                                 Dikeluarkan Oleh                   Masa Berlaku
                                             Unit
      Certificate Name                                                     Issued by                      Validity Period

                                                                                                   31 Desember 2019 - 30
                               Balai Yasa Jembatan                                                 Desember 2025 / December
 ISO 9001:2015                                                   PT TUV NORD Indonesia
                               Kiaracondong                                                        31 st, 2019 – December 30 th,
                                                                                                   2025

                                                                                                   30 November 2022-5
                               Balai Yasa Mekanik Cirebon                                          November 2025 / November
 ISO 14001:2015                                                  PT Sucofindo (Persero)
                               Prujakan                                                            30 th, 2022 – November 5 th,
                                                                                                   2025

 DAOP/DIVRE

                                                                                                   17 Mei 2022 - 16 Mei 2025 /
                               Daerah Operasi 1 Jakarta /
 ISO 27001:2013                                                  CBQA Global                       May 17 th, 2022 – May 16 th,
                               Operational Area 1 Jakarta
                                                                                                   2025

                                                                                                   17 Mei 2022 - 16 Mei 2025 /
                               Daerah Operasi 2 Bandung /
 ISO 27001:2013                                                  CBQA Global                       May 17 th, 2022 – May 16 th,
                               Operational Area 2 Bandung
                                                                                                   2025

                                                                                                   17 Mei 2022 - 16 Mei 2025 /
                               Daerah Operasi 3 Cirebon /
 ISO 27001:2013                                                  CBQA Global                       May 17 th, 2022 – May 16 th,
                               Operational Area 3 Cirebon
                                                                                                   2025

 ISO 27001:2013                                                                                    17 Mei 2022 - 16 Mei 2025 /
                               Daerah Operasi 4 Semarang /
                                                                 CBQA Global                       May 17 th, 2022 – May 16 th,
                               Operational Area 4 Semarang
                                                                                                   2025

                               Daerah Operasi 5 Purwokerto                                         17 Mei 2022 - 16 Mei 2025 /
 ISO 27001:2013                / Operational Area 5              CBQA Global                       May 17 th, 2022 – May 16 th,
                               Purwokerto                                                          2025

                               Daerah Operasi 6 Yogyakarta                                         17 Mei 2022 - 16 Mei 2025 /
 ISO 27001:2013                / Operational Area 6              CBQA Global                       May 17 th, 2022 – May 16 th,
                               Yogyakarta                                                          2025

                                                                                                   17 Mei 2022 - 16 Mei 2025 /
                               Daerah Operasi 7 Madiun /
 ISO 27001:2013                                                  CBQA Global                       May 17 th, 2022 – May 16 th,
                               Operational Area 7 Madiun
                                                                                                   2025

                                                                                                   17 Mei 2022 - 16 Mei 2025 /
                               Daerah Operasi 8 Surabaya /
 ISO 27001:2013                                                  CBQA Global                       May 17 th, 2022 – May 16 th,
                               Operational Area 8, Surabaya
                                                                                                   2025

                                                                                                   17 Mei 2022 - 16 Mei 2025 /
                               Daerah Operasi 9 Jember /
 ISO 27001:2013                                                  CBQA Global                       May 17 th, 2022 – May 16 th,
                               Operational Area 9 Jember
                                                                                                   2025

                               Divisi Regional I Sumatera                                          17 Mei 2022 - 16 Mei 2025 /
 ISO 27001:2013                Utara / Regional Division I       CBQA Global                       May 17 th, 2022 – May 16 th,
                               North Sumatra                                                       2025

                               Divisi Regional II Sumatera                                         17 Mei 2022 - 16 Mei 2025 /
 ISO 27001:2013                Barat / Regional Division II      CBQA Global                       May 17 th, 2022 – May 16 th,
                               West Sumatra                                                        2025

                               Divisi Regional III Sumatera                                        17 Mei 2022 - 16 Mei 2025 /
 ISO 27001:2013                Selatan / Regional Division III   CBQA Global                       May 17 th, 2022 – May 16 th,
                               South Sumatra                                                       2025

                               Divisi Regional IV Tanjung                                          17 Mei 2022 - 16 Mei 2025 /
 ISO 27001:2013                Karang / Regional Division IV     CBQA Global                       May 17 th, 2022 – May 16 th,
                               Tanjung Karang                                                      2025

                                                                                                   18 Juli 2023 - 19 Januari
                               Daerah Operasi 1 Jakarta /
 ISO 9001:2015                                                   PT BureauVeritas Indonesia        2026 / July 18 th, 2023 -
                               Operational Area 1 Jakarta
                                                                                                   January 19 th, 2026

                                                                                                   20 Juli 2023 - 23 Januari
                               Daerah Operasi 2 Bandung /
 ISO 9001:2015                                                   PT BureauVeritas Indonesia        2026 / July 20 th, 2023 -
                               Operational Area 2 Bandung
                                                                                                   January 23 rd, 2026

                                                                                                   20 Juli 2023 s.d 23 Januari
                               Daerah Operasi 3 Cirebon /
 ISO 9001:2015                                                   PT BureauVeritas Indonesia        2026 / July 20 th, 2023 -
                               Operational Area 3 Cirebon
                                                                                                   January 23 rd, 2026




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                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




      Nama Sertifikat                                                 Dikeluarkan Oleh                  Masa Berlaku
                                            Unit
       Certificate Name                                                    Issued by                     Validity Period

                                                                                                 18 Juli 2023 - 19 Januari
                               Daerah Operasi 4 Semarang /
 ISO 9001:2015                                                   PT BureauVeritas Indonesia      2026 / July 18 th, 2023 -
                               Operational Area 4 Semarang
                                                                                                 January 19 th, 2026

 ISO 9001:2015                 Daerah Operasi 5 Purwokerto                                       20 Juli 2023 s.d 23 Januari
                               / Operational Area 5              PT BureauVeritas Indonesia      2026 / July 20 th, 2023 -
                               Purwokerto                                                        January 23 rd, 2026

                               Daerah Operasi 6 Yogyakarta                                       22 Juli 2023 - 23 Januari
 ISO 9001:2015                 / Operational Area 6              PT BureauVeritas Indonesia      2026/ / July 22 nd, 2023 -
                               Yogyakarta                                                        January 23 rd, 2026

                                                                                                 17 Juli 2023 - 18 Januari
                               Daerah Operasi 7 Madiun /
 ISO 9001:2015                                                   PT TUV NORD Indonesia           2026 / July 17 th, 2023 -
                               Operational Area 7 Madiun
                                                                                                 January 18 th, 2026

                                                                                                 18 Juli 2023 - 19 Januari
                               Daerah Operasi 8 Surabaya /
 ISO 9001:2015                                                   PT TUV NORD Indonesia           2026 / July 18 th, 2023 -
                               Operational Area 8, Surabaya
                                                                                                 January 19 th, 2026

                                                                                                 17 Juli 2023 s.d 18 Januari
                               Daerah Operasi 9 Jember /
 ISO 9001:2015                                                   PT TUV NORD Indonesia           2026 / July 17 th, 2023 -
                               Operational Area 9 Jember
                                                                                                 January 18 th, 2026

                               Divisi Regional I Sumatera                                        22 Juli 2023 - 23 Januari
 ISO 9001:2015                 Utara / Regional Division I       PT TUV NORD Indonesia           2026 / July 22 nd, 2023 -
                               North Sumatra                                                     January 23 rd, 2026

                               Divisi Regional II Sumatera                                       11 Juli 2023 - 12 Januari 2026
 ISO 9001:2015                 Barat / Regional Division II      PT TUV NORD Indonesia           / July 11 th, 2023 - January 12 th,
                               West Sumatra                                                      2026

                               Divisi Regional III Sumatera                                      22 Juli 2023 - 23 Januari
 ISO 9001:2015                 Selatan / Regional Division III   PT TUV NORD Indonesia           2026 / July 22 nd, 2023 -
                               South Sumatra                                                     January 23 rd, 2026

                               Divisi Regional IV Tanjung                                        17 Juli 2023 - 18 Januari
 ISO 9001:2015                 Karang / Regional Division IV     PT TUV NORD Indonesia           2026 / July 17 th, 2023 -
                               Tanjung Karang                                                    January 18 th, 2026

                                                                                                 2 Desember 2022 – 1
                               Daerah Operasi 3 Cirebon /                                        Desember 2025 / December
 ISO 14001:2015                                                  PT Sucofindo (Persero)
                               Operational Area 3 Cirebon                                        2 nd, 2022 – December 1 st,
                                                                                                 2025

                                                                                                 7 September 2022 - 6
                               Daerah Operasi 3 Cirebon /                                        September 2025 /
 ISO 37001:2016                                                  PT TUV NORD Indonesia
                               Operational Area 3 Cirebon                                        September 7 th, 2022 –
                                                                                                 September 6 th, 2025

                                                                                                 7 September 2022 - 6
                               Divisi Regional III Palembang
                                                                                                 September 2025 /
 ISO 37001:2016                / Regional Divisio III            PT TUV NORD Indonesia
                                                                                                 September 7 th, 2022 –
                               Palembang
                                                                                                 September 6 th, 2025




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                               Profil Perusahaan
                               Company Profile




INFORMASI YANG TERSEDIA PADA
SITUS WEB PERUSAHAAN
INFORMATION ON THE COMPANY’S WEBSITE

KAI berkomitmen untuk senantiasa menerapkan                              KAI is committed to the principles of transparency in
pemenuhan terhadap prinsip transparansi sesuai peraturan                 accordance with prevailing laws and standards consistently,
perundang-undangan serta standar penerapan yang                          including standards set forth in the Financial Services
berlaku, mencakup standar pada Peraturan Otoritas Jasa                   Authority Regulation No. 08/POJK.04/2015 regarding the
Keuangan No. 08/ POJK.04/2015 tentang Situs Web Emiten                   Website of Issuers or Public Companies. KAI's commitment
atau Perusahaan Publik. Komitmen KAI terhadap                            to implementing transparency principles is undertaken
penerapan pemenuhan prinsip transparansi tersebut                        as an effort to provide ease of access for all stakeholders
dilaksanakan sebagai upaya dalam memberikan                              to obtain accurate and relevant information related to
kemudahan bagi seluruh pemangku kepentingan dalam                        the Company.
mengakses informasi yang aktual dan relevan terkait
Perseroan.

Terkait hal tersebut, terdapat sejumlah informasi yang                   Regarding this matter, there are several pieces of
secara khusus telah termuat di dalam situs web resmi                     information specifically contained on the official website
KAI (https:// www.kai.id/) sesuai kewajiban penyampaian                  of KAI (https://www.kai.id/) in accordance with the
dalam peraturan dan standar yang diacu, sebagai berikut:                 disclosure obligations in the referenced regulations and
                                                                         standards, as follows:
       •       Informasi umum terkait Perseroan.                                • General information related to the Company.
       •       Informasi terkait keterbukaan informasi publik.                  • Information related to public disclosure.
       •       Informasi tata kelola perusahaan.                                • Corporate governance information.
       •       Informasi tanggung jawab sosial perusahaan.                      • Corporate social responsibility information.

TABEL INFORMASI PADA SITUS                                               INFORMATION TABLE ON THE COMPANY
PERUSAHAAN                                                               SITE

 Informasi / Information

 Tentang Kami, memuat                                                    About Us, containing:
    a. Profil Perseroan                                                     a. Company Profile
           •    Sekilas KAI (Sejarah/Visi dan Misi/Logo dan Budaya               •   Overview of KAI (History/Vision and Mission/Logo and
                Perusahaan/Penghargaan).                                             Corporate Culture/Awards).
           •    Organisasi (Profil Komisaris & Direksi/Anak Perusahaan           •   Organization (Profiles of Commissioners & Directors/
                dan Joint Venture/Struktur Organisasi).                              Subsidiaries   and   Joint   Ventures/Organizational
                                                                                     Structure).
    b. Kontak Kami                                                          b. Contact Us


 Tautan / Link                                                           https://www.kai.id/corporate/page/10


 Publikasi / Publication

 Menampilkan siaran pers dan berita-berita dari KAI                      Displaying press releases and news from KAI




 Tautan / Link                                                           https://www.kai.id/corporate/page/12



 Karir / Careers

 Memuat Lowongan, Pengumuman, Job Profile, Panduan dan                   Contains vacancies, announcements, job profiles, guides and
 Registrasi.                                                             registration.




 Tautan / Link                                                           https://e-recruitment.kai.id




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 Lelang / Auction

 Menampilkan pengumuman lelang yang diadakan KAI                Displaying the announcement of the auction held by KAI



 Tautan / Link                                                  https://eproc.kai.id/




 Keterbukaan Informasi Publik / Public Information Disclosure

 Maklumat, Regulasi, Layanan Informasi Publik, Daftar           Information, Regulations, Public Information Services, List of
 Informasi Publik, Evaluasi & Laporan                           Public Information, Evaluation & Reports.




 Tautan / Link                                                  https://ppid.kai.id/




 Heritage / Heritage

 Sejarah Perkeretaapian, Aset Bersejarah, Museum, Galeri,       Railway History, Historical Assets, Museum, Gallery,
 Referensi                                                      References.




 TJSL / TJSL

 Tentang CSR, Kebijakan CSR, Ketentuan & Persyaratan,           About CSR, CSR Policy, Terms & Conditions, CSR Programs
 Program CSR




 Tautan / Link                                                  https://tjsl.kai.id/




 Hubungan Investor / Investor Relations

 Laporan perusahaan, informasi saham dan obligasi, dan          Company reports, stock and bond information, and General
 RUPS.                                                          Meetings of Shareholders (RUPS).




 Tautan / Link                                                  https://www.kai.id/corporate/page/181




 GCG / GCG

 Tentang GCG, Board Manual, Pedoman Perilaku,                   About GCG, Board Manual, Code of Conduct, Gratification
 Pengendalian Gratifikasi, Whistleblowing System, LHKPN, dan    Control, Whistleblowing System, LHKPN, and Anti-Bribery
 Sistem Manajemen Anti Penyuapan.                               Management System.


 Tautan / Link                                                  https://www.kai.id/corporate/gcg




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            Analisis dan Pembahasan Management
            Management Discussion and Analysis




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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                           ANALISIS DAN
                                                                     04
                                           PEMBAHASAN
                                            MANAJEMEN
                                                  MANAGEMENT DISCUSSION
                                                                                     AND ANALYSIS




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                             Analisis dan Pembahasan Management
                             Management Discussion and Analysis




ANALISIS DAN PEMBAHASAN MANAJEMEN
MANAGEMENT DISCUSSION AND ANALYSIS

TINJAUAN PEREKONOMIAN DAN INDUSTRI                         ECONOMIC AND INDUSTRIAL REVIEW
Perekonomian global tahun 2023 merupakan cerminan          The global economy in 2023 reflects a period of
momen pemulihan lanjutan pasca pandemi Covid-19            continued recovery following the Covid-19 pandemic,
yang diwarnai ketegangan geopolitik. Amerika Serikat       marked by geopolitical tensions. The United States
berupaya keras mengendalikan inflasi, sedangkan            worked hard to control inflation, while advanced
negara-negara maju di Eropa maupun China                   economies in Europe and China faced challenges of
menghadapi tantangan perlambatan ekonomi. Dana             economic slowdown. The International Monetary Fund
Moneter Internasional (IMF) mencatat pertumbuhan           (IMF) recorded global economic growth at 3.2%,
ekonomi global sebesar 3,2% mencerminkan upaya             indicating a slow recovery in many countries. The
pemulihan perekonomian yang cenderung bergerak             economic growth of advanced economies averaged
pelan di banyak negara. Pertumbuhan ekonomi                1.6%, while emerging markets averaged 4.3%. The
negara-negara maju mencapai rata-rata 1,6% dan             ongoing Russia-Ukraine crisis and the Palestine-Israel
negara-negara emerging market berada pada level            tensions throughout 2023 also influenced the global
rata-rata 4,3%. Masih berlanjutnya krisis Rusia-Ukraina    trade landscape.
serta ketegangan Palestina-Israel sepanjang tahun
2023 turut memengaruhi lanskap perdagangan dunia.

Meskipun demikian, perekonomian nasional masih             Nevertheless, the national economy still showed
menunjukkan ketangguhan. Di tengah perlambatan             resilience. Amid the global economic slowdown and
ekonomi global dan penurunan harga komoditas               the decline in key export commodity prices like palm
ekspor unggulan seperti kelapa sawit, ekonomi              oil, Indonesia's economy still grew by 5.05%, according
Indonesia tetap tumbuh 5,05% seperti disebutkan            to the Central Statistics Agency (BPS). Although this
Badan Pusat Statistik (BPS). Pertumbuhan tersebut          growth is lower compared to 2022, which reached 5.31%,
memang lebih rendah dibandingkan pada tahun 2022           it is still considered good compared to many peer
yang mencapai 5,31%, namun tergolong baik jika             countries.
dibandingkan dengan banyak negara peer.

Dari sisi produksi, pertumbuhan tertinggi terlihat pada    From a production standpoint, the highest growth was
lapangan usaha Transportasi dan Pergudangan                seen in the Transportation and Warehousing sector at
sebesar 13,96%. Salah satunya disebabkan oleh              13.96%. This was partly due to the increased mobility of
mobilitas masyarakat yang semakin meningkat setelah        people following the lifting of the national pandemic
dicabutnya status pandemi nasional oleh Pemerintah         status by the Government on June 21 st, 2023. In the
pada 21 Juni 2023. Di sektor transportasi, volume          transportation sector, passenger and freight volumes
penumpang dan barang meningkat dibandingkan                increased compared to the previous year, across all
tahun sebelumnya, pada seluruh moda transportasi,          modes of transportation, including railways. According
termasuk kereta api. Berdasarkan data BPS, jumlah          to BPS data, the number of air passengers in 2023
keberangkatan penumpang pesawat udara selama               surged significantly by 120.07% compared to 2022,
tahun 2023 melonjak signifikan sebesar 120,07%             consisting of 62.65 million domestic air passengers and
dibandingkan tahun 2022, terdiri dari 62,65 juta           15.63 million international air passengers.
penumpang angkutan udara domestik dan 15,63 juta
penumpang angkutan udara internasional.

Adapun jumlah penumpang kereta api tercatat                Additionally, the number of train passengers recorded
sebanyak 388,78 juta orang, naik 36,68% dibandingkan       was 388.78 million, up 36.68% compared to the previous
tahun sebelumnya sebanyak 284,45 juta orang.               year, which was 284.45 million. The increase in
Peningkatan jumlah keberangkatan penumpang                 passenger departures primarily occurred during the
terutama terjadi pada saat perayaan Hari Besar             celebration of National Religious Holidays (HBKN) and
Keagamaan Nasional (HBKN) dan Tahun Baru.                  the New Year. Meanwhile, the volume of freight
Sementara jumlah volume barang yang diangkut               transported by train also increased by 9.81%, from 58.01
menggunakan kereta api juga meningkat 9,81% dari           million tons in 2022 to 63.69 million tons in 2023. This
58,01 juta ton pada 2022 menjadi 63,69 juta ton pada       aligns with the efforts of national economic recovery in
2023. Hal tersebut sejalan dengan upaya pemulihan          various business sectors.
ekonomi nasional di berbagai sektor usaha.




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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




TINJAUAN OPERASI                                             OVERVIEW OF OPERATIONS
Tahun 2023 merupakan salah satu periode penting              The year 2023 was a significant period for KAI with the
bagi KAI dengan beroperasinya Kereta Cepat Jakarta           operation of the Jakarta-Bandung High-Speed Train
Bandung (KCJB) Whoosh dan LRT Jabodebek yang                 (KCJB) Whoosh and the Jabodebek LRT, which are
merupakan      Proyek   Strategis  Nasional   amanat         National Strategic Projects mandated by the
Pemerintah Indonesia. Berbagai inovasi dan langkah           Indonesian Government. Various innovations and
adaptasi KAI selama tahun 2023 turut meningkatkan            adaptive measures taken by KAI throughout 2023
kinerja operasi dan mendorong kinerja keuangan               contributed to improved operational performance and
Perseroan.    Sejumlah   strategi  yang    diterapkan        boosted the company's financial performance. Several
Perseroan menjadi faktor penting dalam tercapainya           strategies implemented by the company played a
target sesuai RKAP KAI Tahun 2023 pada setiap segmen         crucial role in achieving targets in line with KAI's 2023
usaha. Berdasarkan kriteria dalam Pernyataan Standar         Work Plan and Budget (RKAP) across all business
Akuntansi Keuangan (PSAK) yang berlaku di Indonesia          segments. According to the criteria in the applicable
(PSAK 5) tentang Segmen Operasi, segmen usaha KAI            Financial Accounting Standards (PSAK) in Indonesia
terdiri atas Jasa Angkutan, Jasa Non-Angkutan, dan           (PSAK 5) regarding Operating Segments, KAI's business
Konstruksi.                                                  segments consist of Transportation Services, Non-
                                                             Transportation Services, and Construction.




                                                 Segmen Usaha
                                                 Business Segment




            Jasa Angkutan                     Jasa Non Angkutan                               Konstruksi
         Transportation Services            Non-Transportation Services                      Construction




Lebih lanjut, segmen usaha KAI dibagi ke dalam               Furthermore, KAI's business segments are divided into
beberapa segmen usaha turunan yang menjadi                   several derivative business segments that serve as
sumber-sumber pendapatan bagi Perseroan, yaitu               sources of revenue for the company. These include
angkutan penumpang, angkutan barang, serta                   passenger transportation, freight transportation, rail
pendukung angkutan kereta api, pendapatan non-               transportation support, non-transportation revenue,
angkutan, dan kompensasi Pemerintah yang terdiri             and government compensation, which consists of
dari Public Service Obligation (PSO), Infrastructure         Public    Service  Obligation  (PSO),  Infrastructure
Maintenance and Operation (IMO), dan Perintis.               Maintenance and Operation (IMO), and Pioneer
                                                             services.


PROGRAM STRATEGIS KAI TAHUN 2023                             KAI STRATEGIC PROGRAMS IN 2023
Menghadapi tantangan pemulihan ekonomi pasca                 Facing the challenges of economic recovery after the
pandemi Covid-19 di tahun 2023, KAI menetapkan               Covid-19 pandemic in 2023, KAI implemented several
sejumlah strategi guna meningkatkan kinerja operasi.         strategies to improve operational performance. These
Strategi tersebut secara umum mencakup inovasi               strategies generally included service innovation,
layanan, pemanfaatan teknologi, hingga investasi pada        technology utilization, and investment in Rolling Stock
sarana dan prasarana, yang diturunkan menjadi 6              and infrastructure, which were broken down into six
program strategis KAI tahun 2023 seperti dijelaskan          strategic programs for KAI in 2023, as explained below.
berikut ini.




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                                                       Program Kerja
                                                       Work Programs

 Optimalisasi penyerapan investasi pengembangan dan bisnis eksisting
 Optimizing the absorption of development investment and existing businessesm

 Pengembangan Angkutan Barang khususnya pengembangan terminal barang berbasis kereta api & Pengembangan Kereta
 Perkotaan Baru untuk mendukung peningkatan potensi Bisnis Baru bagi Perusahaan
 Development of Freight Transportation, specifically the development of rail-based freight terminals, and the Development of
 New Urban Trains to support the potential growth of new business opportunities for the Company

 Pencapaian serapan dan penyelesaian investasi 2023 sesuai target timeline
 Achievement of absorption and completion of investments in 2023 according to the target timeline

 Melakukan monitoring secara berkala terhadap penyelenggaraan investasi LRT Jabodebek
 To periodically monitor the implementation of the Jabodebek LRT investment

 Melakukan monitoring secara berkala terhadap penyelenggaraan investasi LRT Jabodebek
 To periodically monitor the implementation of the Jabodebek LRT investment

 Optimalisasi penyerapan investasi pengembangan dan bisnis eksisting
 Optimizing the absorption of development investment and existing businesses

 Pencapaian Commercial Operation Date (COD) Konektivitas Kereta Cepat Jakarta Bandung (KCJB) Padalarang-Bandung
 dalam mendukung integrasi Proyek Kereta Cepat Jakarta Bandung (KCJB) menuju pusat Kota Bandung
 Achievement of the Commercial Operation Date (COD) for the Jakarta-Bandung High-Speed Train (KCJB) connectivity from
 Padalarang to Bandung to support the integration of the Jakarta-Bandung High-Speed Train Project (KCJB) towards the
 center of Bandung City.

 Project milestone completion for Transit Oriented Development (TOD)
 Penyelesaian tonggak proyek untuk Pembangunan Berbasis Transit (Transit Oriented Development/TOD)

 Meningkatkan sinergi antar stakeholder dalam rangka menjaga operasional LRT Jabodebek agar sesuai dengan target
 Enhancing synergy among stakeholders to ensure the operational performance of the Jabodebek LRT aligns with the target.

 Berkoordinasi dengan berbagai stakeholder untuk mendukung pendanaan proyek Kereta Cepat Jakarta Bandung (KCJB)
 yang telah beroperasi tahun ini.
 Coordinating with various stakeholders to support funding for the Jakarta-Bandung High-Speed Train (KCJB) project, which
 has commenced operations this year.

 Penyelesaian implementasi energi baru terbarukan di stasiun dan balai yasa
 Completion of the implementation of renewable energy at stations and maintenance facilities.

 Implementasi pembangunan solar panel di 40 stasiun dan 2 balai yasa
 Implementation of solar panel construction at 40 stations and 2 maintenance facilities.

 Penyelesaian penyusunan kajian Kerangka Konsep Parenting Strategy KAI Group
 Completion of the preparation of the Parenting Strategy Concept Framework study for KAI Group.

 Penyelesaian penataan stasiun, rumah istirahat dan Griya Karya
 Completion of station arrangement, rest houses, and Griya Karya (employee housing)

 Mendukung program safety melalui upaya peningkatan fungsi layan bangunan griya karya di daerah dan pemenuhan tempat
 istirahat non crew di Divre III Palembang dan Divre IV Tanjungkarang
 Supporting safety programs through efforts to enhance the functions of Griya Karya building services in the areas and
 fulfilling non-crew rest areas in Division III Palembang and Division IV Tanjungkarang.

 Penyelesaian kajian – kajian pengembangan bisnis dan optimalisasi aset KAI.
 Completion of studies on business development and optimization of KAI's assets.




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                                       Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                            Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KINERJA JASA ANGKUTAN                                                        TRANSPORTATION SERVICES
                                                                             PERFORMANCE
Kontribusi pendapatan terbesar KAI berasal dari segmen                       The largest revenue contribution for KAI comes from the
jasa angkutan yang meliputi angkutan penumpang dan                           transportation services segment, which includes
angkutan barang. Sejumlah langkah strategis KAI yang                         passenger and freight transportation. Several strategic
dijalankan pada tahun 2023 berhasil menjawab peluang                         steps taken by KAI in 2023 successfully addressed
sekaligus tantangan dari tingginya mobilitas pasca                           opportunities and challenges posed by increased mobility
dicabutnya status pandemi Covid-19 di Indonesia. Total                       following the lifting of the Covid-19 pandemic status in
pendapatan Perseroan baik dari jasa angkutan, jasa non-                      Indonesia. The total revenue of the company from
angkutan, serta konstruksi terealisasi sebesar Rp35,107                      transportation services, non-transportation services, and
triliun atau 125,29% dari target sebesar Rp28,020 triliun.                   construction reached Rp35.107 trillion, which is 125.29%
Capaian tersebut meningkat 37,25% dibandingkan tahun                         of the target of Rp28.020 trillion. This achievement marks
2022 sebesar Rp25,578 triliun.                                               a 37.25% increase compared to Rp25.578 trillion in 2022.

Adapun proporsi pendapatan terbesar KAI berasal dari                         The majority proportion of KAI's revenue comes from
angkutan barang yaitu Rp11,646 triliun, atau 33,17% dari                     freight transportation, amounting to Rp11.646 trillion or
total pendapatan. Jumlah pendapatan dari angkutan                            33.17% of the total revenue. Revenue from freight
barang tersebut juga meningkat 18,44% dibandingkan                           transportation also increased by 18.44% compared to
tahun 2022 sebesar Rp9,833 triliun. Sementara jasa                           Rp9.833 trillion in 2022. Passenger transportation services
angkutan penumpang berkontribusi Rp9,942 triliun, atau                       contributed Rp9.942 trillion, or 28.32% of the total revenue.
28,32% dari total pendapatan. Capaian pendapatan jasa                        Revenue from passenger transportation services in 2023
angkutan penumpang pada tahun 2023 meningkat                                 significantly increased by 42.75% compared to Rp6.965
signifikan sebesar 42,75% dibandingkan tahun 2022                            trillion in 2022. This growth was driven by an increase in
sebesar Rp6,965 triliun. Peningkatan tersebut didorong                       passenger and cargo volumes compared to 2022,
oleh melonjaknya volume penumpang dan barang                                 although it has not yet reached pre-pandemic levels.
dibandingkan tahun 2022 meskipun belum mencapai                              Various innovations in passenger trains and the utilization
kondisi sebelum pandemi. Berbagai inovasi kereta                             of technology for online ticket booking also contributed
penumpang serta pemanfaatan teknologi yang                                   to the performance of passenger transportation services.
memudahkan pemesanan tiket secara online juga turut
mendorong kinerja jasa angkutan penumpang.

Sementara pendapatan dari segmen usaha lain di luar                          Meanwhile, income from other business segments outside
segmen jasa angkutan mencapai total 38,51% dengan                            the transportation services segment reached a total of
perincian sebagaimana dijelaskan pada tabel berikut ini.                     38.51% with details as explained in the following table.

Pendapatan KAI Tahun 2022-2023 per Segmen Usaha                              Revenue of KAI Year 2022-2023 by Business Segment
(Dalam Ribuan Rupiah, kecuali dinyatakan lain)                               (In Thousand Indonesian Rupiah, unless otherwise stated)



                                                     2023                                                            Rasio (%)


            Uraian                                                                                                                  Terhadap
                                                                                    2022           Terhadap        Terhadap
           Description                                                                                                                Total
                                      Realisasi                Target                                2022           Target
                                                                                                                                   Pendapatan
                                      Realization              Target                               Against         Against
                                                                                                                                     To total
                                                                                                     2022            targets
                                                                                                                                     income

  Angkutan Penumpang
                                    9.941.825.625       9.447.928.488          6.964.495.288          142,75         105,23             28,32
  Passenger transportation

  Angkutan Barang
                                    11.646.062.369          12.059.567.614     9.833.032.265          118,44          96,57             33,17
  Freight Transportation

  Pendukung Angkutan KA
  Railway Transport                  869.775.827             877.256.859         713.611.038          121,88          99,15              2,48
  Supporter

  Non-angkutan
                                     1.780.153.295          2.108.287.531      1.575.688.040          112,98         84,44               5,07
  Non-transportation

  Kompensasi Pemerintah
  Government                        3.526.469.925           3.527.553.678      3.880.245.033          90,88           99,97             10,05
  Compensation

  Pendapatan Konstruksi
                                    7.342.248.533           7.342.248.533       2.610.567.346         281,25           100              20,91
  Construction Revenue

  Jumlah Pendapatan
                                   35.106.535.574       28.020.594.170         25.577.639.010         137,25         125,29             100,00
  Total Income




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                                Analisis dan Pembahasan Management
                                Management Discussion and Analysis




Angkutan Penumpang                                              Passenger Transport

Pada segmen angkutan penumpang, tahun 2023                      In the passenger transportation segment, 2023 was a
merupakan salah satu tahun penting bagi perkeretaapian          pivotal year for Indonesia's railways with the operation
Indonesia dengan dioperasikannya Lintas Rel Terpadu             of the Integrated Rail Line (Light Rail Transit/LRT)
(Light Rail Transit/LRT) yang menghubungkan Jakarta,            connecting Jakarta, Bogor, Depok, and Bekasi
Bogor, Depok, dan Bekasi (Jabodebek) serta kereta cepat         (Jabodebek), as well as the Jakarta-Bandung High-Speed
Kereta Cepat Jakarta-Bandung (KCJB) Whoosh.                     Train (KCJB) Whoosh.

Moda transportasi kereta api ringan LRT diresmikan pada         The light rail transit (LRT) mode was inaugurated on
28 Agustus 2023, memiliki lintasan sepanjang 41,2               August 28 th, 2023, with a 41.2-kilometer track that is
kilometer yang diharapkan menjadi alternatif transportasi       expected to provide a comfortable and safe transportation
nyaman dan aman bagi masyarakat. Selain layanan prima,          alternative for the public. In addition to excellent service,
sejumlah stasiun LRT juga sudah terintegrasi dengan             several LRT stations are integrated with various other
berbagai moda transportasi lain, antara lain dengan             transportation modes, including Electric Railways (KRL),
Kereta Rel Listrik (KRL), Bus Rapid Transit/Bus Raya            Bus Rapid Transit (BRT), Transjakarta, JakLingko/
Terpadu (BRT), Transjakarta, JakLingko/MikroTrans,              MikroTrans, and the KCJB. Meanwhile, the KCJB Whoosh,
hingga KCJB. Sementara KCJB Whoosh yang diresmikan              inaugurated on October 2 nd, 2023, is the first high-speed
pada 2 Oktober 2023 merupakan kereta cepat pertama              train in Indonesia and Southeast Asia, traveling at speeds
di Indonesia dan Asia Tenggara dengan kecepatan 350             of 350 kilometers per hour. The presence of LRT and KCJB
kilometer per jam. Keberadaan LRT dan KCJB juga                 also signifies the government's commitment to
menjadi perwujudan komitmen Pemerintah melakukan                modernizing efficient, environmentally friendly mass
modernisasi transportasi massal yang efisien, ramah             transportation integrated with other modes of
lingkungan, serta terintegrasi dengan moda transportasi         transportation. The LRT Jabodebek and KCJB Whoosh
lainnya. Keberadaan LRT Jabodebek dan KCJB Whoosh               have received positive responses from the public.
mendapatkan sambutan positif dari masyarakat.


Kinerja Angkutan KA Penumpang                                   Passenger Train Transport Performance
(Dalam satuan orang)                                            (In one person)


                                                   2023                                                          Rasio (%)

              Uraian                                                                                   Terhadap         Terhadap
                                                                                     2022
            Description               Realisasi             Target                                       2022            Target
                                     Realization            Target                                      Against          Against
                                                                                                         2022            targets

  KA Utama Main Train

  Kelas Eksekutif
                                      16.427.175          14.904.054               11.522.349             42,6               110,2
  Executive Class

  Kelas Bisnis
                                      1.642.947            1.603.872                1.015.555             61,8               102,4
  Business Class

  Kelas Ekonomi
                                      27.233.710          26.000.349               19.338.612             40,8               104,7
  Economy Class

  Sub Total
                                      45.303.832           42.508.27               31.876.516             42,1               106,6
  Sub Total

  KA Lokal Ekonomi
                                     343.472.771          339.581.203             252.572.288             36,0               101,1
  Economy Local Train

  Jumlah
                                     388.776.604          382.089.477             284.448.804             36,7               101,8
  Total




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Volume penumpang KA Utama Kelas Eksekutif terealisasi          The volume of passengers for KAI's Executive Class Main
16.427.175 orang, meningkat 42,6% dibandingkan capaian         Trains reached 16,427,175 people, an increase of 42.6%
tahun 2022 sebesar 11.522.349 orang. Peningkatan               compared to the 2022 achievement of 11,522,349 people.
volume tersebut antara lain disebabkan oleh                    This increase in volume was partly due to the growing
meningkatkan animo masyarakat dan wisatawan asing              enthusiasm of the public and foreign tourists to use rail
menggunakan moda jasa angkutan kereta api setelah              transport services after the WHO and the Indonesian
dicabutnya status darurat Covid-19 oleh WHO dan                Government lifted the Covid-19 emergency status.
Pemerintah Indonesia. Selain itu, terdapat tambahan KA         Additionally, new Executive Class Main Trains, namely KA
Utama Kelas Eksekutif baru per 1 Juni 2023 yaitu KA Argo       Argo Merbabu, KA Argo Semeru, KA Pandalungan, and
Merbabu, KA Argo Semeru, KA Pandalungan dan KA                 KA Manahan, were added on June 1 st, 2023.
Manahan.

Peningkatan volume penumpang juga terdapat pada KA             The volume of passengers also increased for Business
Utama Kelas Bisnis sebesar 61,8% dari 1.015.555 orang pada     Class Main Trains by 61.8%, from 1,015,555 people in 2022
2022 menjadi 1.642.947 orang. Sementara KA Utama Kelas         to 1,642,947 people. Meanwhile, the Economy Class Main
Ekonomi melayani 27.233.710 orang, meningkat 40,8%             Trains served 27,233,710 people, an increase of 40.8% from
dari volume penumpang tahun 2022 sebanyak 19.338.612           the 2022 passenger volume of 19,338,612 people. This
orang. Peningkatan volume itu disebabkan oleh                  increase was due to the growing public interest.
meningkatnya animo masyarakat. KA Utama Kelas Ekonomi          Economy Class Main Train with high revenues area KA
dengan pendapatan tertinggi diantaranya adalah KA              Kertajaya, KA Jayakarta and KA Matarmaja.
Kertajaya, KA Jayakarta dan KA Matarmaja.

Volume penumpang KA Lokal Ekonomi juga meningkat,              The volume of passengers for Local Economy Trains also
mencapai 343.472.771 orang atau naik 36% dari volume           increased, reaching 343,472,771 people, an increase of
tahun 2022 sebesar 252.572.288 orang. Hal tersebut             36% from the 2022 volume of 252,572,288 people. This
dipengaruhi oleh okupansi dan frekuensi KA yang                was influenced by the occupancy and frequency of trains
memenuhi kebutuhan pasar pada masa high season                 meeting market needs during high season periods such
seperti saat lebaran dan libur sekolah. Ditambah lagi,         as Eid and school holidays. Furthermore, several new
sejumlah KA baru juga beroperasi secara reguler per 1          trains began regular operations on September 1 st, 2023,
September 2023, serta realisasi volume LRT sebesar             along with the realization of LRT volume of 4,562,673
4.562.673 orang                                                people.

Meningkatnya kinerja angkutan penumpang juga disertai          The improved passenger transport performance was also
dengan rata-rata kelambatan kereta api penumpang               accompanied by an average delay for departing
berangkat sebesar 0,40 menit dari toleransi 0,30 menit,        passenger trains of 0.40 minutes from the tolerance of
dan kereta api penumpang datang lebih cepat 0,12 menit         0.30 minutes, and arriving passenger trains being 0.12
dari toleransi kelambatan 2,00 menit.                          minutes earlier than the delay tolerance of 2.00 minutes.

Pangsa Pasar Angkutan Penumpang                                Passenger Transport Market Share

Berdasarkan segmentasi pasar dan channel pembelian             Based on market segmentation and ticket purchasing
tiket, target pasar pengguna jasa kereta api terbagi           channels, the target market for train service users is
dalam dua kategori, yaitu pelanggan yang melakukan             divided into two categories: customers who make
pembelian lewat kanal non-stasiun (onliner) serta              purchases through non-station channels (onliners) and
pelanggan conservative and service oriented, yaitu             conservative and service-oriented customers who make
pelanggan yang melakukan pembelian di stasiun. Seiring         purchases at stations. With the development of
perkembangan teknologi dan perubahan referensi gaya            technology and changes in lifestyle preferences, the
hidup, proporsi penumpang onliner memperlihatkan               proportion of onliner passengers has shown an increase,
adanya peningkatan seiring dengan semakin banyaknya            as there are more choices for online ticket booking
pilihan aplikasi pemesanan tiket secara online. Dalam          applications. In this regard, KAI has implemented various
hal ini, KAI telah melakukan berbagai strategi untuk           strategies to increase the proportion of onliner
meningkatkan proporsi penumpang onliner melalui                passengers by offering various benefits and conveniences.
berbagai keuntungan dan kemudahan.




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             Uraian                       Keterangan                                                         Pertumbuhan
                                                             Jan - Des 2023          Jan -Des 2022
           Description                      Detail                                                              Growth

                                    Wilayah Jawa dan
                                    Sumatera
                                                                425.642                 347.498                  36,68
                                    Java and Sumatra
                                    Region
 Jumlah Penumpang (ribu orang)
 Number of Passengers
 (thousand people)                  KAI                         388.777                 284.449                  22,49

                                    Pangsa Paasr (%)
                                                                 91,34                   81,86                   11,58
                                    Market Share (%)


LANGKAH STRATEGIS KAI PADA JASA                                  KAI'S STRATEGIC STEPS IN PASSENGER
ANGKUTAN PENUMPANG                                               TRANSPORTATION SERVICES
Seiring dengan mulai pulihnya kondisi ekonomi nasional,          As the national economy begins to recover, here are
berikut ini berbagai langkah strategis yang dijalankan           various strategic steps implemented by KAI during 2023.
KAI selama tahun 2023.

1. KAI menjalankan inovasi penting yang mencakup:                1. KAI has implemented important innovations including:
   a. Penerapan teknologi face recognition untuk                     a. Implementation of face recognition technology to
      mempermudah dan mempercepat proses boarding                       simplify and expedite the passenger boarding
      penumpang KA                                                      process for trains.
   b. Inovasi kereta panoramic guna meningkatkan                     b. Panoramic train innovation to enhance passenger
      pelayanan pada penumpang                                          service.
   c. Modifikasi kereta ekonomi New Generation                       c. Modification of the New Generation economy class
                                                                        train.
  d. Inovasi kereta kompartemen untuk meningkatkan                   d. Compartment train innovation to improve passenger
     pelayanan pada penumpang                                           service.
  e. Peluncuran kereta eksekutif stainless steel New                 e. Launch of the New Generation stainless steel
     Generation                                                         executive class train.
  f. Peluncuran kereta luxury New Generation                         f. Launch of the New Generation luxury class train.
  g. Melakukan inovasi untuk meningkatkan pendapatan                 g. Implement innovation to increase revenue through
     melalui digitalisasi informasi di stasiun, co-working              the digitization of information at stations, co-
     space, dan penyediaan water drinking fountain                      working spaces, and the provision of free drinking
     secara gratis di 22 Stasiun besar di Jawa dan                      water fountains at 22 major Stations in Java and
     Sumatera.                                                          Sumatera.

2. Melakukan reclass, rerouting, dan perjalanan kereta           2. Conducting reclass, rerouting, and additional train trips
   KA tambahan dengan melakukan penambahan atau                     by adding or operating portions of high-occupancy
   menjalankan sebagian KA yang okupansinya tinggi                  regular trains, optional trains, additional trains, and
   baik KA reguler, KA fakultatif, KA tambahan dan                  additional train compositions from January to
   penambahan rangkaian pada bulan Januari sampai                   December 2023.
   dengan Desember 2023.




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3. Perjalanan KA baru mulai Grafik Perjalanan Kereta Api      3. The new train journeys starting from the 2023 Train
   (Gapeka) 2023 per 1 Desember 2023 antara lain:                Travel Schedule (Gapeka) as of December 1 st, 2023
                                                                 include:
  a. KA Argo Merbabu relasi Semarang Tawang Bank                 a. KA Argo Merbabu route Semarang Tawang Bank
     Jateng - Gambir PP                                             Jateng - Gambir round trip
  b. KA Argo Semeru relasi Surabaya Gubeng - Gambir              b. KA Argo Semeru route Surabaya Gubeng - Gambir
     PP                                                             round trip
  c. KA Manahan relasi Solo Balapan - Gambir PP                  c. KA Manahan route Solo Balapan - Gambir round
                                                                    trip
  d. KA Pandalungan relasi Gambir - Jember PP                    d. KA Pandalungan route Gambir - Jember round trip
  e. KA Banyubiru relasi Solo Balapan – Semarang                 e. KA Banyubiru route Solo Balapan - Semarang
     Tawang Bank Jateng PP                                          Tawang Bank Jateng round trip

4. Melakukan investasi di bidang sarana dan prasarana,        4. Investing in     infrastructure    and    Rolling   Stock,
   antara lain:                                                  including:
   a. Pengadaan 612 unit kereta SS New Generation dan
      Luxury Gen 3                                               a. Procurement of 612 units of SS New Generation and
   b. Modifikasi kereta ekonomi New Generation                      Luxury Gen 3 trains.
   c. Proses pengadaan 11 kereta luxury untuk KA Argo            b. Modification of New Generation economy class trains
      Lawu, Argo Dwipangga dan Taksaka dan cadangan              c. Procurement process for 11 luxury coaches for KA
      perawatan                                                     Argo Lawu, Argo Dwipangga, and Taksaka trains,
   d. Penataan kawasan stasiun di beberapa wilayah                  and maintenance reserves.
   e. Peningkatan fasilitas penumpang underpass                  d. Station area arrangement in several regions.
      Stasiun Yogyakarta                                         e. Enhancement of passenger facilities at the
   f. Pembuatan akses skybridge dan selasar Stasiun                 underpass of Yogyakarta Station.
      Purwokerto                                                 f. Construction of skybridge access and concourse at
   g. Pengadaan sarana untuk KA Makassar – Pare-Pare                Purwokerto Station.
                                                                 g. Procurement of Rolling Stock for the Makassar - Pare-
  h. Pengembangan angkutan yaitu perpanjangan                       Pare trains.
     peron dan overkapping stasiun.                              h. Development of transportation infrastructure
                                                                    including platform extensions and station roofing.
5. Meluncurkan LRT Jabodebek dan KCJB Whoosh yang
   diresmikan langsung oleh Presiden RI Joko Widodo.          5. Launching LRT Jabodebek and KCJB Whoosh,
                                                                 inaugurated directly by the President of Indonesia,
                                                                 Joko Widodo.
6. Pada aspek pemasaran, KAI menggencarkan kegiatan
   promosi secara offline, serta memperkuat promosi           6. In terms of marketing, KAI intensifies offline
   melalui kanal digital seperti media sosial dan website        promotional activities and strengthens promotions
   perusahaan. Dari sisi offline, KAI menjalankan                through digital channels such as social media and the
   sejumlah kegiatan misalnya Orchestra on Train,                company's website. Offline, KAI conducts various
   Kegiatan Travelling By Train (Semarang-Ketapang),             activities including Orchestra on Train, Traveling By
   Ramadan Festive 2023, Red Bull Basketball                     Train (Semarang-Ketapang), Ramadan Festive 2023,
   Competition, hingga Program Promo LRT Fun Run dan             Red Bull Basketball Competition, and LRT Fun Run
   LRT Fun Cycling. Sementara dari sisi online, KAI              and LRT Fun Cycling promotions. Meanwhile, online,
   menggiatkan kampanye pemasaran sepanjang tahun                KAI actively campaigns throughout 2023, especially
   2023 terutama pada momen-momen istimewa seperti               during special moments such as Eid ticket promotions,
   promo tiket Lebaran, promo Tiket KAI Harga                    KAI Harga Silaturahmi ticket promotions, and SATSET
   Silaturahmi, maupun Promo SATSET Saatnya Merdeka              Promo for Independence from Traffic Jam in celebration
   Dari Macet dalam rangka HUT RI ke-78.                         of Indonesia's 78th Independence Day.




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Implementasi langkah strategis KAI selama tahun 2023                The implementation of KAI's strategic steps during 2023
turut mendukung meningkatnya pendapatan segmen                      has contributed to the increase in revenue in the
usaha jasa angkutan penumpang seperti terlihat pada                 passenger transportation segment, as seen in the
tabel berikut ini.                                                  following table.

Pendapatan Jasa Angkutan Penumpang                                  Passenger Transportation Services Revenue
(Dalam ribuan rupiah)                                               (In thousands of rupiah)


                                                                                                                     Rasio (%)
                                                     2023
                                                                                                                     Ratio (%)

              Uraian
                                                                                         2022              Terhadap         Terhadap
            Description
                                       Realisasi               Target                                        2022            Target
                                      Realization              Target                                       Against          Against
                                                                                                             2022            targets

  Angkutan Penumpang | KA Utama
  Passenger Transport | Main Train

  Kelas Eksekutif
                                     4.505.495.626          4.198.235.089            3.327.981.793           35,38               107,3
  Executive Class

  Kelas Bisnis
                                     293.899.485             298.949.104              190.215.545            54,51               98,3
  Business Class

  Kelas Ekonomi
                                     3.548.749.457           3.164.019.012           2.299.199.367           54,35               112,2
  Economy class

  Jumlah
                                     8.305.570.948          7.661.203.205            5.817.396.705           43,50               109,0
  Total

  KA Lokal Ekonomi
                                     1.593.681.057          1.786.725.283            1.147.098.583           38,93               89,2
  Economy Local Train

  Jumlah
                                     9.941.825.625          9.447.928.488           6.964.495.288            142,75          105,23
  Total


Realisasi pendapatan KAI dari segmen jasa angkutan                  The realization of revenue from KAI's passenger
penumpang mencapai Rp9,94 triliun atau 105,2% dari                  transportation segment reached Rp9.94 trillion, which
target sebesar Rp9,45 triliun. Realisasi pendapatan                 is 105.2% of the target of Rp9.45 trillion. The revenue
melampaui target tersebut disebabkan adanya                         exceeded the target due to increased train users during
peningkatan pengguna kereta api pada masa libur natal               the Christmas and New Year holidays, coinciding with
dan tahun baru yang bertepatan dengan libur sekolah.                school holidays. Additionally, public interest and foreign
Selain itu, animo masyarakat dan wisatawan asing                    tourists using train services increased. Passenger
menggunakan moda jasa angkutan kereta api meningkat.                occupancy began to increase after the government lifted
Okupansi penumpang mulai bertambah setelah                          the national pandemic status following WHO's decision
Pemerintah mencabut status pandemi Covid-19 secara                  to revoke the public health emergency of international
nasional menyusul keputusan WHO mencabut status                     concern status since May 2023.
public health emergency of international concern sejak
Mei 2023.

KA utama kelas eksekutif berkontribusi terbesar pada                The main executive class trains contributed the most to
pendapatan segmen jasa angkutan penumpang KAI. KA                   KAI's passenger transportation segment revenue. Some
utama eksekutif dengan pendapatan tertinggi                         of the highest revenue-generating executive class trains
diantaranya adalah KA Bima, KA Taksaka, KA Argo Bromo               include KA Bima, KA Taksaka, KA Argo Bromo Anggrek,
Anggrek dan KA Sembrani.                                            and KA Sembrani.



Angkutan Barang                                                     Freight Transportation

Selama tahun 2023, sektor angkutan barang KAI                       During 2023, KAI's freight transportation sector recorded
mencatatkan kinerja positif dengan peningkatan volume               positive performance with an increase in freight volume
barang menjadi 63.694.966 ton barang, atau tumbuh 10%               to 63,694,966 tons of freight, or a 10% growth compared
dibandingkan 2022 sebanyak 58.006.880 ton barang.                   to 2022 of 58,006,880 tons of freight.




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Peningkatan tersebut merupakan hasil respons cepat             The increase is a result of KAI's quick response to the
KAI menyambut kenaikan permintaan pasar terkait                rising market demand for freight transportation. In 2023,
angkutan barang. Pada tahun 2023, KAI menambah 6               KAI added 6 freight train journeys, totaling 328 journeys.
perjalanan KA Barang menjadi 328 perjalanan. Komoditas         Coal saw the highest increase, rising by 12% from 45.4
yang mengalami peningkatan tertinggi yaitu batu bara,          million tons to 51.0 million tons. Increases also occurred
naik 12% dari 45,4 juta ton menjadi 51,0 juta ton.             in retail transportation, up 9% from 208,980 tons to
Peningkatan juga terjadi pada angkutan retail, naik 9%         228,631 tons. Positive trends were also observed in other
dari 208.980 ton menjadi 228.631 ton. Tren positif juga        commodities such as cement and clinker, fuel, and others.
terlihat pada komoditas lain seperti semen dan klinker,
BBM, serta komoditas lainnya.

Menghadapi peluang dari tren kenaikan permintaan pasar         To capitalize on the opportunities presented by this rising
tersebut, KAI juga mempercepat pembangunan                     market demand, KAI accelerated the development of
infrastruktur pendukung, optimalisasi sarana dan               supporting infrastructure, optimized Rolling Stock, and
kegiatan pemasaran, baik pada angkutan barang wilayah          marketing activities, both in Java and Sumatra regions.
Jawa maupun Sumatra. Upaya efisiensi pola operasi juga         Operational efficiency efforts were also undertaken to
dilakukan guna meningkatkan volume angkutan, baik              enhance freight volume in both Java and Sumatra.
pada angkutan barang wilayah Jawa maupun Sumatra.

Kondisi infrastruktur yang kurang memadai seperti              The inadequate infrastructure conditions, such as limited
keterbatasan Container Yard (CY), serta beberapa               CY (Container Yard) capacity and several tunnels that
terowongan        yang    tidak  memungkinkan      untuk       cannot accommodate high cube containers, pose
pengangkutan container high cube menjadi salah satu            significant challenges to operating KAI's freight train
tantangan utama dalam mengoperasikan layanan KA                services efficiently. Additionally, KAI faces capacity
Barang secara efisien. Selain itu, KAI masih menghadapi        limitations for freight transport on congested routes,
keterbatasan kapasitas angkutan barang di jalur-jalur          potentially affecting the reliability and flexibility of its
padat sehingga berpotensi mempengaruhi keandalan               services. From a regulatory standpoint, KAI is required
dan fleksibilitas layanan KAI. Dari aspek regulasi, KAI        to continually adjust its operations to comply with
dituntut untuk selalu menyesuaikan operasional agar            applicable regulations from the government and other
sesuai dengan ketentuan yang berlaku, baik dari                relevant institutions. On the market side, there is always
Pemerintah maupun lembaga terkait lainnya. Sementara           potential for changes in demand and customer needs,
dari sisi pasar, selalu ada potensi perubahan permintaan       necessitating appropriate anticipatory measures. KAI's
dan kebutuhan pelanggan sehingga membutuhkan                   freight train services also contend with competition from
langkah antisipasi yang tepat. Layanan KA Barang KAI           other modes of transportation such as trucks and cargo
juga menghadapi persaingan dengan moda transportasi            ships.
lain seperti truk maupun kapal barang.

Kinerja Angkutan KA Barang                                     Freight Railway Transport Performance
(dalam satuan ton)                                             (in tonnes)


                                                                                                            Rasio (%)
                                                       2023
                                                                                                            Ratio (%)

                   Uraian
                                          Realisasi            Target              2022          Terhadap          Terhadap
                 Description
                                         Realization           Target                              2022             Target
                                                                                                  Against           Against
                                                                                                   2022             Target

  Batu Bara / Coal                        51.017.520          50.584.451        45.428.564         112,30           100,86

  Peti Kemas / Container                  4.661.449           5.016.630         4.802.436          97,06                92,92

  BBM / Fuel                              2.592.060           2.458.200         2.554.062          101,49           105,45

  Semen / Cement                          4.130.146           3.774.072          3.856.140         107,11           109,43

  General Cargo dan Barang Hantaran
  Potongan (BHP) / General Cargo and       228.631             368.300           208.980          109,40                62,08
  Delivery Freight Unit (BHP)

  Lainnya / Others                        1.065.159            859.950           1.156.699         92,09            123,86

  Jumlah
                                         63.694.966           63.061.603       58.006.880         109,81            101,00
  Total




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                                      Analisis dan Pembahasan Management
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Kinerja Angkutan KA Barang                                                     Freight Railway Transport Performance
(dalam satuan ton)                                                             (in tons)




                                                                                                                               63.694.966

                                                                                                                                            58.006.880

          51.017.520


                       45.428.564




                                          4.802.436

                              4.661.449
                                                                   4.130.146
                                                  2.592.060                    3.856.140
                                                              2.554.062

                                                                                                            1.065.159     1.165.699
                                                                                        228.631
        2023                                                                                      208.980
        2022
                Batu Bara           Peti Kemas           BBM              Semen         General Cargo dan        Lainnya              Jumlah
                  Coal               Container           Fuel             Cemen         Barang Hantaran          Others                Total
                                                                                         Potongan (BHP)
                                                                                  GeneralCargo and Delivery
                                                                                     Freight Unit (BHP)




Pangsa pasar angkutan barang KAI terdiri dari perusahaan                       KAI's market share in freight transport consists of
produsen seperti semen, BBM dan batu bara; perusahaan                          manufacturing companies such as cement, fuel, and coal;
perkebunan seperti CPO dan latex; perusahaan logistik                          plantation companies like palm oil (CPO) and latex;
seperti peti kemas dan limbah Bahan Berbahaya Beracun                          logistics companies including containers and hazardous
(B3).    Perusahaan-perusahaan       tersebut       telah                      waste (B3). These companies utilize railways due to their
memanfaatkan kereta api dikarenakan daya angkut kereta                         large carrying capacity and punctuality in delivery.
api yang besar dan tingkat ketepatan waktu saat                                Nationally, KAI's railway lines are available on Java and
pengiriman barang. Pada lingkup nasional, jalur kereta                         Sumatra islands. The market share of railways in
api KAI tersedia di Pulau Jawa dan Sumatera. Pangsa                            Indonesia's transportation industry based on passenger
pasar kereta api pada industri transportasi Indonesia                          and cargo volume in Java and Sumatra regions is as
berdasarkan jumlah penumpang dan jumlah barang di                              follows
wilayah Jawa dan Sumatera adalah sebagai berikut:


                Uraian                            Keterangan              Jan - Des 2023                    Jan -Des 2022                   Pertumbuhan
              Description                           Detail                Jan - Dec 2023                    Jan - Des 2022                     Growth

  Jumlah Barang (ribu ton)*                 Wilayah Jawa dan
  Quantity of Freight (thousand             Sumatera
                                                                               418.813                          382.552                          36.261
  tons)*                                    Java and Sumatra
                                            Region

                                            KAI                                67.164                           58.007                            9.157

                                            Pangsa Pasar (%)
                                                                                16,03                             15,16                           0,87
                                            Market Share (%)

*) Terdiri atas muatan barang pada kereta api dan angkutan laut.               *) Consists of cargo on trains and sea transportation.
Keterangan: Data publik yang tersedia                                          Description: Available public data




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Pada segmen usaha jasa angkutan barang, KAI berupaya         In the freight transportation business segment, KAI
mempercepat pembangunan infrastruktur pendukung,             strives to accelerate the development of supporting
optimalisasi sarana dan kegiatan pemasaran baik di Jawa      infrastructure, optimize Rolling Stock, and conduct
maupun di Sumatera. KAI juga menjalankan efisiensi pola      marketing activities both in Java and Sumatra. KAI also
operasi dan negosiasi dengan mitra untuk peningkatan         implements operational efficiency and negotiations with
volume angkutan                                              partners to increase freight volume.

Langkah-langkah strategis yang dijalankan KAI selama         The strategic steps taken by KAI during 2023 have
tahun 2023 berkontribusi signifikan pada meningkatnya        significantly contributed to the increased productivity
produktivitas segmen usaha. Volume angkutan                  of the business segment. The volume of passenger and
penumpang dan barang naik signifikan dibandingkan            freight transportation increased significantly compared
tahun sebelumnya, sekaligus melampaui target RKAP            to the previous year, and also exceeded the RKAP 2023
2023.                                                        targets.



LANGKAH STRATEGIS PADA JASA                                  STRATEGIC STEPS IN FREIGHT
ANGKUTAN BARANG                                              TRANSPORTATION SERVICES
Guna memenuhi permintaan pasar dalam segmen                  To meet market demand in the freight transportation
angkutan barang, KAI menjalankan sejumlah langkah            segment, KAI has implemented several strategic
strategis mencakup:                                          measures including:

1. Percepatan pembangunan infrastruktur pendukung,           1. Acceleration of the development of supporting
   serta optimalisasi sarana dan kegiatan pemasaran di          infrastructure, as well as the optimization of Rolling
   Jawa dan Sumatera.                                           Stock and marketing activities in Java and Sumatra.
   Di Jawa, KAI melakukan antara lain:                          In Java, KAI is undertaking, among other things:
                                                                a. Improvement of track scale facilities and
  a. Perbaikan fasilitas timbangan track scale dan                 procurement of scales along with the arrangement
     pengadaan timbangan beserta penataan rumah                    of weigh stations and supporting equipment to
     timbang serta peralatan penunjang guna                        support freight transportation
     menunjang angkutan barang                                  b. Utilization of 40-ton tank wagons (GK) for fuel
  b. Menggunakan gerbong ketel (GK) 40 ton untuk                   transportation
     angkutan BBM                                               c. Joint marketing efforts with subsidiaries or
  c. Melakukan joint market bersama anak perusahaan                transportation partners to capture market
     ataupun mitra angkutan guna menangkap peluang                 opportunities
     pasar                                                      d. Implementation of the Rail Cargo System (RCS)
  d. Serta mengimplementasikan aplikasi Rail Cargo                 application for all commodities to facilitate data
     System (RCS) untuk semua komoditi sehingga                    documentation and evaluation.
     dapat mempermudah dalam dokumentasi data dan
     evaluasi
                                                               Meanwhile, in the Sumatra region, KAI is undertaking
  Sedangkan untuk wilayah Sumatera, KAI menjalankan            the following measures
  antara lain:                                                 a. Increasing terminal capacity in Serdang, Muara
  a. Peningkatan kapasitas terminal di Serdang, Muara             Lawai, and Sukacinta for the loading and unloading
     Lawai dan Sukacinta untuk proses muat dan                    of coal transportation
     bongkar angkutan batubara                                 b. Adding Rolling Stock (locomotives and flatcars)
  b. Menambah sarana (lokomotif dan gerbong datar)             c. Replacing wagons with those of higher carrying
  c. Mengganti gerbong dengan gerbong berkapasitas                capacity and modifying KKBW wagons to support
     angkut lebih besar dan memodifikasi gerbong                  coal transportation in South Sumatra
     KKBW guna menunjang angkutan Batubara di
     Sumatera Selatan                                           d. Improving SOPs to enhance train travel time
  d. Memperbaiki SOP untuk efektivitas waktu perjalanan            efficiency.
     kereta api.
                                                             2. Implementing operational efficiency and negotiating
2. Melakukan efisiensi pola operasi dan negosiasi dengan        with partners to increase freight volume in Java and
   mitra untuk meningkatkan volume angkutan di Jawa             Sumatra. For instance, intensively carrying out
   dan Sumatera. Misalnya, melakukan program                    marketing programs (through visits to companies, SMEs,
   pemasaran secara intensif (melalui kunjungan ke              community discussion forums) in each operational area
   perusahaan, UMKM, forum diskusi komunitas) di                to encourage them to transport their products via
   masing-masing wilayah daerah operasi agar mereka             freight trains in Java, and adding locomotives for coal
   mengangkut produknya melalui Kereta Api Barang               transportation in Sumatra.
   di Jawa, maupun penambahan lokomotif untuk
   pengangkutan batu bara di Sumatera.




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3. Meningkatkan pemasaran melalui strategi penyiapan              3. Enhancing marketing through strategies involving the
   sarana dan prasarana jangka panjang dan jangka                    preparation of long-term and short-term Rolling Stock
   pendek; penggunaan GD 54 untuk angkutan mother                    and infrastructure; using GD 54 for mother coil
   coil dan penambahan volume angkut CRC; kenaikan                   transportation and increasing the transport volume
   tarif di hampir semua komoditi; serta pengembangan                of CRC; raising tariffs on almost all commodities; and
   jasa gudang atau terminal berbasis rel.                           developing rail-based warehouse or terminal services.

Sejumlah langkah strategis yang dijalankan KAI untuk              Several strategic steps taken by KAI to improve the
meningkatkan kinerja jasa angkutan barang turut                   performance of freight transportation services have
mendorong pendapatan pada segmen ini mencapai 96,3%               contributed to this segment's revenue reaching 96.3%
target seperti dijelaskan pada tabel berikut ini.                 of the target, as explained in the following table.

Pendapatan Jasa Angkutan Barang                                   Freight Transportation Services Revenue
(dalam jutaan rupiah)                                             (in tonnes)


                                                                                                                 Rasio (%)
                                                          2023
                                                                                                                 Ratio (%)

                   Uraian
                                             Realisasi            Target             2022             Terhadap          Terhadap
                 Description
                                            Realization           Target                                2022             Target
                                                                                                       Against           Against
                                                                                                        2022             Target

  Batu Bara / Coal                           10.190.707          9.642.724         8.404.397            121,25           105,68

  Peti Kemas / Container                      414.805             423.863           422.236             98,24                97,86

  BBM / Fuel                                  385.497             310.319           372.226            103,57            124,23

  Semen / Cement                              272.245             233.955           270.912            100,49                116,37

  General Cargo dan Barang Hantaran
  Potongan (BHP) / General Cargo and          230.745             217.545           213.228            108,22            106,07
  Delivery Freight Unit (BHP)

  Lainnya / Others                            152.064             126.613           150.032            101,35                120,10

  Jumlah
                                             11.646.063          10.955.019        9.833.031           118,44            106,31
  Total


Batu Bara                                                         Coal
Sepanjang tahun 2023, volume batu bara yang diangkut              Throughout 2023, the volume of coal transported by
KA Barang mencapai 51.017.520 ton atau 100,9% dari                freight trains reached 51,017,520 tons, or 100.9% of the
anggaran sebesar 50.584.451 ton. Pada segmen ini, KAI             budgeted 50,584,451 tons. In this segment, KAI still faced
masih menghadapi sejumlah kendala antara lain:                    several challenges, including:
  1. Terdapat kendala lintas (KKA, NKKA, amblesan dan                1. There were track disruptions (KKA, NKKA,
     longsoran) di bulan Januari 2023.                                  subsidence, and landslides) in January 2023.
  2. Adanya pembatasan kecepatan dilokasi amblasan                   2. Speed restrictions were imposed at locations
     dan longsoran sehingga perjalanan kereta api                       affected by subsidence and landslides, causing train
     mengalami perlambatan sehingga jumlah frekuensi                    journeys to slow down, leading to the number of
     KA tidak maksimal.                                                 train services not reaching their full frequency.
  3. Larangan hauling sesuai SE Gubernur No 026/SE/                  3. A prohibition on hauling operations according to
     Dishub/2023 selama mulai 17 April 2023 - 2 Mei 2023                the Governor’s Circular No. 026/SE/Dishub/2023
     berkaitan dengan pembatasan jam operasional                        from April 17 th, 2023, to May 2 nd, 2023, related to
     masa lebaran.                                                      operational hour restrictions during the Lebaran
                                                                        holiday.
   4. Larangan jam operasional angkutan barang sesuai                4. A prohibition on freight transport operational hours
      SE DISHUB No 551/2318/DISHUB/2023 selama Natal                    according to the Transportation Agency Circular No.
      mulai 23 Desember 2023 sd 26 Desember 2023 dan                    551/2318/DISHUB/2023 during the Christmas period
      libur tahun baru mulai 31 Desember 2023 sd 2                      from December 23 rd, 2023, to December 26 th, 2023,
      Januari 2024 berkaitan dengan pembatasan jam                      and New Year's holiday from December 31 st, 2023,
      operasional angkutan barang pada masa Natal                       to January 2 nd, 2024, related to restrictions on
      tahun 2023 dan tahun baru 2024.                                   freight transport operational hours during the 2023
                                                                        Christmas and 2024 New Year's periods.




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  5. Kegiatan unloading angkutan batubara berhenti              5. Coal unloading activities stopped due to CY Simpang
     dampak CY Simpang PT RMK Stop Operasional TMT                 PT RMK's operational halt from September 17th, 2023,
     17 September 2023 s.d 15 November 2023 sehinga                to November 15 th, 2023, resulting in a cessation of
     angkutan batu bara swasta tujuan Simpang terhenti             private coal transport to Simpang.

Peti Kemas                                                   Container Cargo
Realisasi pendapatan sebesar Rp414.804.866,- atau 97,9%      Revenue realization amounted to Rp414,804,866, or 97.9%
dari anggarannya sebesar Rp423.863.175,- dan volume          of the budgeted amount of Rp423,863,175, and the volume
tercapai 4.661.449 ton atau 92,9% dari anggaran sebesar      achieved was 4,661,449 tons, or 92.9% of the budgeted
5.016.630 ton. Realisasi pendapatan dan volume barang        volume of 5,016,630 tons. The revenue and volume of
peti kemas di bawah anggaran dikarenakan:                    container cargo were below budget due to:
   1. Realisasi program berjalan 2 hari dalam seminggu,          1. The current program operates two days a week,
      belum sesuai dengan rencana          5 hari dalam             which is not yet in line with the planned five days
      seminggu,                                                     a week.
   2. Tarif yang belum kompetitif dibandingkan dengan            2. Non-competitive tariffs compared to trucking,
      trucking, ditambah lagi angkutan container belum              compounded by the fact that container transport
      dapat door to door (dengan kereta api                         is not yet door-to-door (requiring double handling
      membutuhkan double handling)                                  by rail)
   3. Berhentinya angkutan beberapa customer karena              3. Suspension of transport by some customers due to
      terdapat     kewajiban   piutang     yang   belum             outstanding receivables.
      terselesaikan
   4. Angkutannya tidak berkelanjutan terutama yang             4. Inconsistent transportation, especially from
      dari Gedebage tujuan Pasoso karena Dry Port                  Gedebage to Pasoso, because Gedebage Dry Port
      Gedebage tidak lagi digunakan sebagai tujuan                 is no longer used as an initial or final inland port
      pelabuhan darat awal maupun akhir sehingga                   destination, necessitating customs clearance/
      pengurusan custom clearance/perpajakan ada di                taxation processing at Tanjung Priok.
      Tanjung Priok.

BBM                                                          Fuel
Hingga 31 Desember 2023, realisasi pendapatan mencapai       Until December 31 st, 2023, revenue realization reached
Rp385.496.853,- atau 124,2% dari anggarannya sebesar         Rp385,496,853, which is 124.2% of the budget of
Rp310.319.302. Sedangkan volume tercapai 2.592.060 ton       Rp310,319,302. Meanwhile, the volume achieved was
atau 105,4% dari anggaran sebesar 2.458.200 ton.             2,592,060 tons, which is 105.4% of the budget of 2,458,200
Pencapaian pendapatan dan volume melampaui target            tons. The achievement of revenue and volume exceeded
karena adanya permintaan penambahan perjalanan               targets due to additional trips beyond the existing
diluar jadwal eksisting (perjalanan KLB) guna memenuhi       schedule (extra trips) to meet market demand in each
permintaan      pasar     di   masing-masing    wilayah      marketing region (MOR).
pemasarannya (MOR).

Semen                                                        Cement
Realisasi pendapatan sebesar Rp272.245.319,- atau 116,4%     Revenue realization amounted to Rp272,245,319, or 116.4%
dari anggarannya sebesar Rp233.954.857,- dan volume          of the budgeted amount of Rp233,954,857, and the
tercapai 4.130.146 ton atau 109,4% dari anggaran sebesar     volume achieved was 4,130,146 tons, which is 109.4% of
3.774.072 ton. Pendapatan dan volume tercapai melebihi       the budget of 3,774,072 tons. The revenue and volume
anggaran dikarenakan adanya peningkatan angkutan             exceeded the budget due to an increase in cement and
semen dan klinker mulai di bulan Juli Tahun 2023 dengan      clinker transport starting from July 2023 with PT Solusi
PT Solusi Bangun Indonesia (SBI), PT Indocement Tunggal      Bangun Indonesia (SBI), PT Indocement Tunggal Prakarsa
Prakarsa (ITP) & PT Semen Baturaja ( SMBR).                  (ITP), and PT Semen Baturaja (SMBR).

General Cargo dan BHP                                        General Cargo dan BHP
Realisasi pendapatan sebesar Rp230.744.572,- atau 106,1%     Revenue realization amounted to Rp230,744,572, or 106.1%
dari anggarannya sebesar Rp217.544.700,- dan volume          of the budgeted amount of Rp217,544,700, and volume
tercapai 228.631 ton atau 62,1% dari anggaran sebesar        reached 228,631 tons or 62.1% of the budgeted 368,300
368.300 ton. Hal ini disebabkan karena:                      tons. This was due to:
    1. Layanan Angkutan BHP belum kompetitif karena              1. BHP Transportation services not being competitive
       belum melayani pengantaran barang door to door               as they do not offer door-to-door delivery
    2. Angkutsan yang telah diprogramkan tidak                   2. The programmed transportation was not realized
       terealisasi
    3. Okupansi dari panjang rangkaian (SF) yang                 3. Occupancy of the provided train length (SF) was
       disediakan belum terisi maksimal seluruhnya.                 not fully maximized.




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Angkutan Barang Lainnya                                      Other Freight Transportation
Angkutan Barang Lainnya Realisasi pendapatan sebesar         Other Freight Transport Revenue realization amounted
Rp152.064.050,- atau 120,1% dari anggarannya sebesar         to Rp152,064,050, or 120.1% of the budgeted amount of
Rp126.612.958,- dan volume tercapai 1.065.159 ton atau       Rp126,612,958,- and volume reached 1,065,159 tons or 123.9%
123,9% dari anggaran sebesar 859.949 ton. Pendapatan         of the budgeted 859,949 tons. Revenue and volume
dan volume melebihi target disebabkan adanya kenaikan        exceeded targets due to tariff increases with several
tarif dengan beberapa customer. Akan tetapi realisasi        customers. However, the realized volume decreased from
volume menurun dari tahun lalu diantaranya karena:           the previous year due to:

    1. Angkutan perkebunan (CPO, Lateks, Pulp) masih               1. Plantation Transport (CPO, Latex, Pulp): This is still
       belum maksimal sebab tergantung pada Delivery                  not optimal as it depends on Delivery Orders (DO)
       Order (DO) dari mitra sehingga tidak dapat                     from partners, preventing full utilization of
       memaksimalkan sarana yang tersedia. Selain itu,                available Rolling Stock. Additionally, the harvest
       siklus masa panen tidak serentak (masih dalam                  cycle is not simultaneous (still in the planting
       masa tanam) serta terdapat CPO yang tidak dapat                phase), and some CPO could not be transported
       diangkut karena mutu minyaknya rendah serta                    due to low oil quality and high water content.
       kadar airnya tinggi.
    2. Angkutan Pupuk masih di bawah target, karena                2. Fertilizer Transport: This is still below target
       realisasi SF masih di bawah program akibat masih               because the realized SF is below the program due
       minimnya persediaan pupuk di UPP Cilacap.                      to the limited fertilizer supply in UPP Cilacap.
    3. Angkutan Satker, Dinas, Bank Indonesia dan                  3. Transport for Satker, Government Agencies, Bank
       lainnya: perjalanan angkutannya sesuai dari                    Indonesia, and Others: Transportation is based on
       permintaan mitra dan tidak diprogramkan, pihak                 partner requests and is not pre-programmed. PT
       PT KAI menyediakan sarana serta dukungan                       KAI provides the necessary Rolling Stock and
       operasional perjalanannya.                                     operational support for the journeys.

KINERJA JASA PENDUKUNG ANGKUTAN KA                           PERFORMANCE OF SUPPORTING SERVICES
                                                             FOR TRAIN TRANSPORTATION
Jasa pendukung angkutan KA terdiri dari layanan              Supporting services for train transportation include pre-
prapurna dan bongkar muat, service on train dan              and post-transport services, loading and unloading, on-
restorasi, serta jasa pendukung lainnya. Realisasi           train services, and restoration, as well as other supporting
pendapatan jasa pendukung angkutan KA mencapai               services. The realization of revenue from supporting
Rp869,78 miliar atau 99,1% dari target sesuai RKAP 2023      services for train transportation reached Rp869.78 billion,
sebesar Rp877,26 miliar. Pendapatan pada segmen ini          or 99.1% of the target according to the 2023 RKAP, which
umumnya berasal dari pendapatan suplisi, bagasi,             was Rp877.26 billion. Revenue in this segment generally
pendapatan administrasi pembatalan tiket, loading            comes from surcharges, baggage fees, ticket cancellation
unloading, jasa prapurna, service on train serta restorasi   administrative fees, loading and unloading, pre-transport
dari anak perusahaan. Realisasi pendapatan di bawah          services, on-train services, and restoration from
anggaran dikarenakan penghentian sementara kegiatan          subsidiaries. The realization of revenue was below budget
bongkar di stasiun Simpang sejak 17 September 2023           due to the temporary suspension of unloading activities
sampai 15 November 2023 yang berdampak pada                  at Simpang station from September 17 th, 2023, to
pendapatan bongkar muat.                                     November 15 th, 2023, which impacted loading and
                                                             unloading revenue.

KINERJA JASA NON-ANGKUTAN                                    PERFORMANCE OF NON-TRANSPORT
                                                             SERVICES
Segmen jasa non-angkutan KAI meliputi beberapa               The non-transport services segment of KAI includes
komponen, yaitu pendapatan optimalisasi aset, pekerjaan      several components, namely asset optimization revenue,
pihak ketiga dan lainnya, seperti dijelaskan berikut ini.    third-party work, and others, as explained below.
 • Pendapatan Optimalisasi Aset                               • Asset Optimization Revenue
    Merupakan pendapatan sewa menyewa properti di                This consists of rental income from properties inside
    dalam dan di luar stasiun. Pendapatan ini meliputi           and outside stations. It includes rental of Rolling
    sewa sarana, sewa lahan parkir, sewa bufet/kios              Stock, parking spaces, station buffets/kiosks,
    stasiun, sewa gudang/ ruang stasiun, sewa rumah              warehouses/station rooms, rest houses, dormitories
    peristirahatan, sewa mes dan wisma, sewa rumah               and guesthouses, company houses, buildings, and
    perusahaan, sewa bangunan, dan sewa tanah.                   land.
 • Pekerjaan Pihak Ketiga                                     • Third-Party Work
    Merupakan pendapatan dari penjualan jasa teknis.             This consists of revenue from the sale of technical
    Pendapatan ini meliputi perawatan kereta makan,              services. It includes the maintenance of dining cars,
    perawatan rangka dasar, dan pendapatan penjualan             underframe maintenance, and revenue from the sale
    jasa pekerjaan teknis.                                       of technical work services.




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                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




•   Pendapatan Non-Angkutan Lainnya                                         •  Other Non-Transport Revenue
    Meliputi periklanan / advertising, percetakan,                             This includes advertising, printing, medical health
    kesehatan medis, pengembalian kas TGR.                                     services, and TGR cash returns.
Selama tahun 2023, KAI mencatatkan kinerja jasa non-                       During 2023, KAI recorded a 12.98% increase in the
angkutan meningkat 12,98%.                                                 performance of non-transport services.


                                                                                                                 Pertumbuhan
                                                                                                                    Growth
                  Uraian
                                                      2023                         2022
                Description
                                                                                                        Nominal             Persentase
                                                                                                        Nominal             Percentage

    Pendapatan optimalisasi aset
                                                  649.662.475                   630.197.305            19.465.170               3,09
    Asset Optimization Revenue

    Pekerjaan pihak ketiga
    Quantity of Freight (thousand                 606.411.499                   541.324.100            65.087.399               12,02
    Third Party Work

    Lainnya
                                                  524.079.321               404.166.635                119.912.686              29,67
    Others

    Jumlah
                                                  1.780.153.295             1.575.688.040              204.465.255              12,98
    Total



Sarana Produksi                                                            Production Rolling Stock
Untuk mendukung usaha Perseroan, KAI memiliki                              To support the company's operations, KAI has a variety
beragam sarana atau alat produksi seperti lokomotif,                       of production Rolling Stock such as locomotives, Diesel
KRDE/I, KRL, kereta dan gerbong. Uraian mengenai sarana                    Multiple Units (KRDE/I), Electric Multiple Units (KRL),
produksi KAI untuk tahun 2022 dan 2023 dapat dilihat                       coaches, and freight cars. The details of KAI's production
pada tabel berikut ini.                                                    Rolling Stock for 2022 and 2023 can be seen in the
                                                                           following table.


                       Uraian                                                                                  Nominal         Persentase
                                                                  2023                        2022
                     Description                                                                               Nominal         Percentage

    Lokomotif / Locomotive

    Realisasi Siap Operasi (SO) Lokomotif                          464                         468                    4             1
    Realization of Locomotive Ready to Operate
    (SO).

    Kereta Rel Diesel (KRD)                                        85                          72                     13          0,18
    Diesel Train (KRD)

    Kereta Rel Listrik (KRL) / Electric Train (KRL)

    Realisasi Siap Operasi (SO) KRL                                994                        1.064                  (70)   (6,58) Electric
    Realization of KRL Ready to Operate (SO).                                                                                Train (KRL)


    Kereta / Train

    Realisasi Siap Operasi (SO) kereta                            1.729                       1.687                  42           0,04
    Realization of Train Ready to Operate (SO).

    Gerbong/Wagon Realisasi Siap Operasi (SO)                     7.272                       7.603                  331          0,04
    Carriage / Wagon Realization Ready to
    Operate (SO)

    LRT JABODEBEK                                                  186                          -                     -             -

    Jumlah Total                                                  11.022                      10.876                 146          1,34




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Lokomotif                                                      Locomotives
Realisasi siap operasi (SO) lokomotif tahun 2023 terealisasi   The operational readiness (SO) of locomotives in 2023
463 unit atau 98,5% dari anggaran 470 unit.                    reached 463 units, or 98.5% of the budgeted 470 units.
Ketidaktercapaian ini disebabkan adanya beberapa sarana        This shortfall was due to several locomotives being
lokomotif yang dihentikan dari operasi atau konservasi         temporarily removed from operation or placed in
sementara dan adanya sarana yang TSGO di Balai Yasa            conservation, and some being in the Balai Yasa workshop
untuk perbaikan.                                               for repairs.

Kereta Rel Diesel (KRD)                                        Diesel Rail Train
Realisasi siap operasi (SO) KRD tahun 2023 terealisasi 131     The operational readiness (SO) of DMUs in 2023 reached
unit   atau    95,6%    dari  anggarannya     137   unit.      131 units, or 95.6% of the budgeted 137 units. This shortfall
Ketidaktercapaian ini disebabkan adanya beberapa sarana        was due to several DMUs being temporarily removed from
KRD yang dihentikan dari operasi atau konservasi               operation or placed in conservation.
sementara.

Kereta Rel Listrik (KRL)                                       Electric Rail Car
Realisasi siap operasi (SO) KRL tahun 2023 terealisasi 994     The realization of KRL ready for operation (SO) in 2023
unit atau 84,2% dari anggarannya 1.180 unit. Realisasi di      was realized at 994 units or 84.2% of the budget of 1,180
bawah anggaran dikarenakan tidak terealisasinya                units. The realization was below budget due to the non-
kedatangan KRL E217, dan adanya beberapa rangkaian             realization of the arrival of KRL E217, and there were
yang statusnya masuk konservasi.                               several trains whose status was included in conservation.


Kereta                                                         Train
Realisasi siap operasi (SO) kereta tahun 2023 terealisasi      The realization of operational readiness (SO) for trains in
1.726 unit atau 101,1% dari anggarannya 1.709 unit.            2023 reached 1,726 units, or 101.1% of the budgeted 1,709
Ketercapaian ini dikarenakan adanya beberapa kereta            units. This achievement was due to several coaches
dengan status konservasi sementara diubah statusnya            temporarily in conservation being reclassified to
menjadi SG dan penambahan 3 TS kereta baru (KA New             operational status and the addition of 3 new trainsets
Generation dan Luxury New Generation).                         (New Generation and Luxury New Generation).


Gerbong                                                        Carriage
Realisasi siap operasi (SO) gerbong tahun 2023 terealisasi     The operational readiness carriage in 2023 reached 7,612
7.612 unit atau 110,5% dari anggarannya 6.890 unit.            units, or 110.5% of the budgeted 6,890 units. This
Realisasi di atas anggaran dikarenakan adanya                  overachievement was due to the addition of new freight
penambahan armada gerbong pada tahun 2023 masih                cars in 2023 under manufacturer warranty, not scheduled
garansi pabrikan / tidak diprogramkan masuk balai yasa         for Balai Yasa workshop in 2023, and uninterrupted
tahun 2023 dan perawatan di depo dan balai yasa tidak          maintenance at depots and workshops.
mengalami gangguan atau hambatan sehingga SO
Gerbong lebih tinggi dibanding anggaran.

LRT                                                            LRT
Realisasi siap operasi (SO) LRT tahun 2023 terealisasi 96      The realization of operational readiness (SO) for LRT in
unit atau 40,3% dari anggarannya 238 unit. Realisasi di        2023 reached 96 units, or 40.3% of the budgeted 238 units.
bawah anggaran dikarenakan adanya sebagian sarana              This shortfall was due to some units being unusable
belum dapat digunakan karena adanya permasalahan               because of faster-than-expected wheel wear, contrary
keping roda yang lebih cepat aus dibandingkan dengan           to initial plans set in the RKAP.
rencana awal yang ditetapkan dalam RKAP.




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                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Produksi Kilometer                                               Production Kilometers
(Sasaran Produksi Kilometer )                                    (Kilometer Production Target)


                                                Realisasi
                                                                   Realisasi Anggaran
                                            Anggaran Tahun
                    Uraian                                            Tahun 2023                  Realisasi         Rasio (%)
                                                  2022
                  Description                                       Realization of the           Realization         (4-2):2
                                            Realization of the
                                                                      2023 Budget
                                              2022 Budget

  Kilometer - Penumpang* Kilometers - Passengers*

       KA Utama Kelas Eksekutif                 3.869.323                5.518.409               4.787.428             24
       Executive Class Main Train

       KA Utama Kelas Bisnis                     339.952                  432.517                 484.820              43
       Business Class Main Train

       KA Utama Kelas Ekonomi                   5.782.145                7.513.382                7.592.125            31
       Economy Class Main Train

       KA Lokal Ekonomi                         9.274.555                10.703.179              12.392.332            34
       Economy Local Train

       Jumlah 1                                 19.265.975              26.167.487               25.617.541            33
       Total 1

  Kilometer-Ton Barang * Kilometers - Tons of Freight*

       Batu Bara                                13.024.741               13.743.316              14.393.925             11
       Coal

       Peti Kemas                               2.949.228                3.285.389               2.780.592             (6)
       Storage Box

       BBM                                       403.376                  372.050                 446.633               11

       Semen                                     609.529                  685.400                 633.370               4

       General Cargo & BHP                       127.648                  226.899                  219.529             72

       Lainnya                                   230.536                  113.933                  89.622              (61)
       Other

  Jumlah
                                               17.345.057               18.426.977               18.562.928             7
  Total


Kilometer Angkutan Penumpang                                     Passenger Transport Kilometers
Kilometer angkutan penumpang tahun 2023 mencapai                 Passenger transport kilometers in 2023 will reach 25,617,541
25.617.541 Km-pnp, meningkat 33,0% dari tahun 2022 yang          passenger-kilometers, an increase of 33.0% from 2022
mencapai 19.265.975 Km-pnp. Capaian tersebut masih               which reached 19,265,975 passenger-kilometers. This
berada di bawah target disebabkan operasional Railink            achievement is still below the target because Railink
KA Bandara Kualanamu masih beroperasi di bawah                   Kualanamu Airport Train operations are still operating
anggaran. Sedangkan untuk KA lokal ekonomi tidak                 below budget. Meanwhile, economic local trains were
tercapai karena adanya kecenderungan kepadatan                   not achieved because there was a tendency for
perjalanan KRL untuk rute-rute yang lebih pendek dan             overcrowding of Commuter Line trips for shorter routes
tidak tercapainya jumlah perjalanan perjalanan LRT               and the number of Jabodebek LRT trips was not reached.
Jabodebek.


Kilometer Ton Angkutan Barang                                    Kilometers Tons of Freight Transport
Secara total realisasi sebesar 18.562.928 Km-ton atau            In total, the realization was 18,562,928 Km-tons or 100.7%
100,7% dari anggarannya sebesar 18.426.977 Km-ton.               of the budget of 18,426,977 Km-tons. Kilometer tons of
Kilometer ton angkutan barang adalah perkalian antara            freight transportation is the multiplication of kilometers
kilometer tempuh dengan jumlah ton. Meskipun realisasi           traveled by the number of tons. Even though the
km-ton barang di atas anggaran, akan tetapi masih                realization of km-tons of freight was above budget, there
terdapat beberapa komoditi yang realisasinya di bawah            were still several commodities whose realization was below
anggaran, terutama karena volume yang tidak tercapai.            budget, mainly because the volume was not achieved.




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                                       Analisis dan Pembahasan Management
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Kinerja Pelayanan dan Keselamatan                                              Service Performance and Safety

                                                                                               Tahun 2023
                                                                  Realisasi                                                     Rasio (%)
                                                                                                Year 2023
                      Uraian                     Satuan             2022
  No
                    Description                   Unit              2022
                                                                 Realization      Norma Kendali          Realisasi
                                                                                                                          (6-4):4       6:5
                                                                                 Control Standards      Realization

    1                     2                          3                    4              5                     6            7               8

           WPG (Rata-rata)*
    1                                            Hari day             1,74              2,07                  1,69         (5,6)        81,6
           WPG (Average)*


           Lokomotif Mogok                       frekuensi
   2                                                                  158               509                   207          31,0         40,7
           Lokomotif stuck                      frequency


           Kecelakaan KA                         frekuensi
   3                                                                  10                 11                    8          (20,0)        72,7
           Train accident                       frequency

*) Untuk bagian ini, semakin tinggi fakta menunjukan kinerja yang menurun
*) For this part, the higher the fact indicates a declining performance

Waktu Peredaran Gerbong (WPG) rata-rata terealisasi 1,69                       Carriage Circulation Time (WPG) was realized on average
hari atau 81,6% terhadap toleransi yaitu 2,07 hari. Fakta                      1.69 days or 81.6% of the tolerance of 2.07 days. The fact
di bawah toleransi menandakan kinerja operasi yang baik,                       that it is below tolerance indicates good operational
disebabkan oleh terpenuhinya gerbong SO untuk                                  performance, caused by the fulfillment of SO carriages
memenuhi stamformasi KA barang atas permintaan                                 to meet the freight train stamformation at customer
customer serta berkurangnya kelambatan KA barang.                              request and reduced delays in freight trains.

Jumlah kejadian lokomotif mogok tahun 2023 mencapai                            The number of locomotive strike incidents in 2023 will
207 kejadian atau 40,7% terhadap normal kendalinya                             reach 207 incidents or 40.7% of the normal control
(toleransi) sebanyak 509 kejadian. Kategori gangguan                           (tolerance) of 509 incidents. The categories of
yang terjadi pada lokomotif selama tahun 2023 yaitu                            disturbances that occurred in locomotives during 2023
Governoor (GOV) sebanyak 10 kali, sistem kontrol listrik                       were Governoor (GOV) 10 times, electrical control system
(L) 83 kali, mekanik atas (MA) 5 kali, mekanik bawah (MB)                      (L) 83 times, upper mechanical (MA) 5 times, lower
2 kali, motor diesel (MD) 63 kali, main generator (MG) 13                      mechanical (MB) 2 times, diesel motor (MD) 63 times ,
kali, sistem udara tekan (SUT) 13 kali, dan traksi motor                       main generator (MG) 13 times, compressed air system
(TM) 18 kali. Fakta di bawah toleransi menunjukkan                             (SUT) 13 times, and traction motor (TM) 18 times. The fact
kinerja yang lebih baik, disebabkan karena peningkatan                         that below tolerance shows better performance is due
frekuensi perawatan lokomotif yang dilakukan secara                            to the increase in the frequency of locomotive
berkala dan optimal serta adanya kontrak kerjasama spare                       maintenance which is carried out periodically and optimally
part perawatan sarana dengan pabrikan.                                         as well as the existence of a cooperation contract for
                                                                               Rolling Stock maintenance spare parts with the
                                                                               manufacturer.

Kecelakaan KA selama periode tahun 2023 mencapai 8                             There were 8 train accidents during the 2023 period,
kali kejadian yang terdiri dari : Daop 1 Jakarta 1 kejadian,                   consisting of: Daop 1 Jakarta 1 incident, Daop 6 Yogyakarta
Daop 6 Yogyakarta 1 kejadian, Daop 8 surabaya 1 kejadian,                      1 incident, Daop 8 Surabaya 1 incident, Divre III
Divre III Palembang 2 kejadian dan Divre IV Tanjung Karang                     Palembang 2 incidents and Divre IV Tanjung Karang 3
3 kejadian. Manajemen senantiasa melakukan evaluasi                            incidents. Management always evaluates the cause of
penyebab kecelakaan tersebut dan memastikan kejadian                           the accident and ensures that the incident does not
tersebut tidak terjadi lagi melalui koordinasi dengan                          happen again through coordination with external parties
pihak eksternal serta memastikan budaya keselamatan                            and ensuring that the safety culture is understood and
telah dipahami dan diterapkan oleh seluruh insan KAI.                          implemented by all KAI personnel.




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                                                         Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                  Tahun 2023**
                                                                             Fakta                                                  Rasio (%)
                                                                                                   Year 2023**
                            Uraian                           Satuan         Tahun
  No
                           Description                        Unit           2022
                                                                           2022 facts       Toleransi         Fakta
                                                                                                                              (6-4):4       6:5
                                                                                            Tolerance          Fact

   1                            2                                  3              4               5                6            7               8

  Rata-rata Kelambatan: Average delays:

          a. KA Penumbang Passenger Train
             Berangkat Departure
             Datang Arrival                                  menit             0,17            0,30            0,40            132,4        133,3
                                                             menit            (0,08)           2,00           (0,20)           43,4         (6,0)

          b. KA Barang Freight Trains
             Berangkat Departure                             menit            (64,39)          9,00           (83,61)          29,8        (929,0)
             Datang Arrival                                  menit            (70,53)         20,00           (66,92)          (5,1)       (334,6)

 *) Persentase kurang dari 100% menunjukan kinerja meningkat/lebih baik, lebih dari 100% menunjukan kinerja yang menurun
 *) A percentage less than 100% indicates improved/better performance, while more than 100% indicates declining performance
**) Fakta dengan nilai negatif menunjukan waktu KA berangkat dan datang lebih awal dari waktu yang ditetapkan
**) Facts with negative values indicate that the train departed and arrived earlier than the scheduled time



                                                                                                  Tahun 2023**
                                                                           Fakta                                                    Rasio (%)
                                                                                                   Year 2023**
                            Uraian                         Satuan         Tahun
  No
                           Description                      Unit           2022
                                                                         2022 facts       Toleransi         Fakta
                                                                                                                              (6-4):4        6:5
                                                                                          Tolerance          Fact

   1                            2                              3              4               5                6                7               8

  Rata-rata Ketepatan: Average punctuality:

          a. KA Penumbang Passenger Train
             Berangkat Departure                              %            99,71            99,00            99,54             (02)        100,5
             Datang Arrival                                   %            93,42            90,00            93,98              0,6        100,4

          b. KA Barang Freight Trains
             Berangkat Departure                              %            90,74            87,00            93,31              2,8         107,3
             Datang Arrival                                   %            87,93            83,00            87,51             (0,5)        105,4

 *) Nilai Fakta mendekati 100% menunjukan kinerja yang meningkat/lebih baik
 *) A Fact value close to 100% indicates improved/better performance


RATA-RATA KELAMBATAN KA                                                    AVERAGE TRAIN DELAYS
Kelambatan KA Penumpang                                                    Passenger train delays
Sepanjang tahun 2023, KA penumpang berangkat                               Throughout 2023, passenger trains departing will
mengalami rata-rata kelambatan 0,40 menit dari toleransi                   experience an average delay of 0.40 minutes from the
0,30 menit, dan KA penumpang datang lebih cepat (0,12)                     tolerance of 0.30 minutes, and passenger trains arriving
menit dari toleransi 2,00 menit. Realisasi persentase                      earlier (0.12) minutes than the tolerance of 2.00 minutes.
kelambatan KA penumpang berangkat berada di atas                           The actual percentage of delays in departing passenger
toleransi disebabkan sejumlah banjir di beberapa wilayah                   trains is above tolerance due to a number of floods in
Daop (Daop 2, 4, dan 5) dan Temperan KA di Daop 4                          several Daop areas (Daop 2, 4 and 5) and train crashes in
Semarang dan Daop 1 Jakarta, serta anjlokan KA Daop                        Daop 4 Semarang and Daop 1 Jakarta, as well as the
6.                                                                         derailment of Daop 6 trains.

Kelambatan KA Barang                                                       Freight train delays
KA barang berangkat lebih cepat rata-rata (83,61) menit                    Freight trains departed faster on average (83.61) minutes
dari toleransi kelambatan 9,00 menit dan KA barang                         than the tolerance of 9.00 minutes of delay and freight
datang lebih cepat (66,92) menit dari toleransi 20,00                      trains arrived faster (66.92) minutes than the tolerance
menit. Realisasi kelambatan untuk kedatangan KA barang                     of 20.00 minutes. Realization of delays for the arrival of
di bawah toleransi. Hal ini karena adanya koordinasi dan                   freight trains is below tolerance. This is because there is
pengawasan SOP bongkar/muat angkutan barang antara                         coordination and supervision of SOPs for loading/
unit operasi dan Komersial guna menekan andil                              unloading freight transport between operational and
kelambatan yang diakibatkan oleh faktor tunggu                             commercial units in order to reduce the contribution of
bongkar/muat angkutan barang, serta taktis dalam                           delays caused by waiting factors for loading/unloading
pengaturan penyusulan/persilangan.                                         freight transport, as well as tactics in overtaking/crossing
                                                                           arrangements.




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                                              Analisis dan Pembahasan Management
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Nilai negatif menggambarkan KA berangkat dan datang                                      Negative values indicate that trains departed and arrived
lebih awal dari toleransi yang ditetapkan sehingga                                       earlier than the established tolerance, resulting in
nilainya negatif.                                                                        negative values.

RATA-RATA KETEPATAN KA                                                                   AVERAGE TRAIN PUNCTUALITY
Ketepatan KA Penumpang                                                                   Punctuality of passenger trains
Selama periode 2023, realisasi KA Penumpang berangkat                                    During the 2023 period, the realization of departing
adalah 99,54% dari anggaran 99,00%, dan realisasi KA                                     passenger trains is 99.54% of the budget of 99.00%, and
Penumpang datang adalah 93,98 % dari toleransi 92,00%.                                   the realization of incoming passenger trains is 93.98% of
Realisasi persentase ketepatan KA Penumpang berangkat                                    the tolerance of 92.00%. The realization of the accuracy
dan KA Penumpang datang berada di atas toleransi,                                        percentage of departing passenger trains and arriving
karena beberapa peningkatan pengawasan program KA                                        passenger trains is above tolerance, due to several
Berangkat dan KA Datang Tepat Waktu, serta                                               improvements in supervision of the Departing Train and
berkurangnya gangguan sarana dan prasarana.                                              Arrival Train programs on time, as well as reduced
                                                                                         disruption to Rolling Stock and infrastructure.

Ketepatan KA Barang                                                                      Freight Train Punctuality
Ketepatan KA Barang berangkat pada tahun 2023                                            The punctuality of freight train departures in 2023 reached
mencapi 93,31% dari anggaran 87,00%, dan realisasi KA                                    93.31% of the target of 87.00%, and the punctuality of
Barang datang adalah 87,51% dari toleransi 80,00%.                                       freight train arrivals was 87.51% of the tolerance target
Realisasi persentasi ketepatan KA barang berangkat dan                                   of 80.00%. The actual punctuality percentages for both
datang di atas anggaran, menunjukan kinerja yang baik.                                   departures and arrivals of freight trains exceeded the
Hal ini disebabkan adanya koordinasi dan pengawasan                                      targets, indicating good performance. This is attributed
SOP bongkar/muat angkutan barang antara unit operasi                                     to coordination and supervision of the freight loading/
dan Komersial guna menekan andil kelambatan yang                                         unloading SOP between the operations and commercial
diakibatkan oleh faktor tunggu bongkar/muat angkutan                                     units to reduce delays caused by loading/unloading wait
barang, serta taktis dalam pengaturan penyusulan/                                        times, as well as tactical adjustments in train scheduling
persilangan.                                                                             and crossing.

Utilisasi Angkutan                                                                       Transportation Utilization

                                                                                                                                                              Rasio (%)
                                                                                                        Tahun 2023
                                                                                                                                                              Ratio (%)
                                 Realisasi Tahun 2022
                                  Realization in 2022
      Uraian                                                                     Anggaran                                     Realisasi
  Description                                                                     Budget                                     Realization
                                                                                                                                                      (10-4):4       10:7
                     Volume           Kapasitas         Okupansi     Volume      Kapasitas     Okupansi         Volume       Kapasitas     Okupansi
                     (Orang)           (Orang)            (%)        (Orang)      (Orang)        (%)            (Orang)        (Orang)       (%)


        1               2                 3                4            5            6            7                  8            9           10         11           12


 PT KAI Konsolidasi KAI Consolidated


 KA Utama
 Kelas
 Eksekutif
                    11.522.349        18.745.249          61,5      12.185.474   18.457.589      80,7          16.427.175     21.660.578     75,8      23,4          93,9
 Main Train
 Executive
 Class


 KA Utama
 Kelas Bisnis        1.015.555
 Main Train                            1.292.789          78,6      1.540.831     2.273.440      70,5           1.642.942     2.058.932      79,8       1,6          113,1
 Business
 Class


 KA Utama
 Kelas
 Ekonomi
                    19.338.612        23.880.648          81,0      25.617.486   28.126.336      92,4          27.233.710    28.871.436      94,3       16,5         102,0
 Main Train
 Economy
 Class


                    31.876.516        43.918.686          72,6     42.508.275    48.857.365      87,0          45.303.832    52.590.946      86,1       18,7         99,0


 KA Lokal
 Kelas
 Ekonomi
                   252.572.288        611.063.479         41,3     339.581.203   666.288.338     51,0          343.472.771   837.956.486     41,0      (0,8)         80,4
 Main Train
 Economy
 Class


 Jumlah
                  284.448.804        655.158.329          43,4     382.089.477   715.145.703     53,4         388.776.604    890.547.432     43,7       0,6          81,7
 Total




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                                     Annual and Sustainability Report
Page 177
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Okupansi KA Penumpang                                          Passenger Train Occupancy
Realisasi okupansi KA penumpang tahun 2023 naik                Actual passenger train occupancy in 2023 increased by
sebesar 0,6% dari tahun sebelumnya, namun secara               0.6% from the previous year, but in general it was still
umum masih di bawah target yaitu 43,7% atau 81,7%              below the target of 43.7% or 81.7% against the budget of
terhadap anggarannya 53,4%. Hal tersebut antara lain           53.4%. This is partly due to the low realization of
disebabkan oleh rendahnya realisasi perjalanan KA              Kualanamu Airport train trips (only 24 trips were realized
Bandara Kualanamu (hanya terealisasi 24 perjalanan dari        out of 50 programmed trips), the Basoetta Commuter
50 perjalanan yang diprogramkan), KA Commuter Line             Line train realized 56 trains/day from the program of 70
Basoetta terealisasi 56 KA/hari dari program 70 KA/hari,       trains/day, as well as the delayed operation of the
serta mundurnya operasional LRT Jabodebek.                     Jabodebek LRT.


ASPEK PEMASARAN                                                MARKETING ASPECT
Sepanjang tahun 2023, KAI melanjutkan strategi penetrasi       Throughout 2023, KAI will continue its market penetration
pasar yang sudah berjalan sebelumnya, baik pada segmen         strategy that has been running previously, both in the
angkutan penumpang dan angkutan barang. Pada                   passenger transportation and freight transportation
segmen angkutan penumpang, komunikasi produk dan               segments. In the passenger transportation segment,
jasa disampaikan melalui media sosial KAI maupun               product and service communication is delivered via KAI
website dan aplikasi KAI Access. Selain itu, KAI juga          social media as well as the KAI Access website and
menjalankan penjualan langsung kepada konsumen                 application. Apart from that, KAI also carries out direct
melalui sejumlah event dan kegiatan promosi. KAI juga          sales to consumers through a number of events and
mengomunikasikan perkembangan ketentuan-ketentuan              promotional    activities.  KAI    also   communicates
yang berlaku sebagai syarat naik kereta api serta              developments in the provisions that apply as conditions
informasi layanan terbaru dari KAI.                            for boarding the train as well as the latest service
                                                               information from KAI.

Dalam aspek pemasaran above the line, KAI melakukan            In the above-the-line marketing aspect, KAI conducts
sosialisasi dan promosi melalui media sosial dengan            socialization and promotion through social media by
memanfaatkan trafik tinggi sehingga dapat langsung             leveraging high traffic to directly interact with target
berinteraksi dengan target konsumen melalui media              consumers via social media and KAI's internal media. KAI
sosial dan media internal KAI. KAI juga membuat video          also creates videos containing special coverage, the
berisi konten liputan khusus, peluncuran fitur Access by       launch of the Access by KAI feature, and other recent
KAI, maupun inovasi terbaru dari KAI lainnya yang              innovations from KAI, which are broadcasted through
ditayangkan melalui media sosial, di stasiun-stasiun, serta    social media, at stations, and on trains.
di kereta api.

Sedangkan pada aspek pemasaran below the line, KAI             In the below-the-line marketing aspect, KAI carries out
menjalankan   aktivasi  maupun     sosialisasi   yang          activations and socialization efforts to enhance KAI's
meningkatkan brand image KAI. Misalnya, melalui event          brand image. For example, through events targeting
yang dijalankan dengan menyasar kaum milenial,                 millennials, increasing engagement with customers
meningkatkan engagement KAI dengan pelanggan                   through the Sapa Pelanggan initiative; surprise gifts for
dengan kegiatan Sapa Pelanggan; surprise gift bagi             loyal customers; Access by KAI membership; and
pelanggan yang loyal; member Access by KAI; serta              sponsoring activities to boost engagement for KAI Access
melakukan sponsorship untuk menambah aktivasi bagi             users.
pengguna KAI Access.




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Page 178
                              Analisis dan Pembahasan Management
                              Management Discussion and Analysis




Integrasi dan Aliansi                                       Integration and Alliances
Guna memperluas penjualan di channel Business to            To expand sales through Business to Business (B2B)
Business    (B2B)   dan   e-commerce,       KAI     terus   channels and e-commerce, KAI continues to enhance
meningkatkan kolaborasi dengan banyak pihak untuk           collaboration with various parties to maximize sales
memaksimalkan saluran penjualan. Strategi yang dilakukan    channels. The strategy involves standardizing B2B
adalah dengan standarisasi kerja sama mitra B2B dan         partnerships and working with several partners to improve
kerja sama dengan beberapa mitra untuk meningkatkan         services in Access by KAI, thus providing added value.
layanan di Access by KAI sehingga dapat memberikan          Additionally, KAI is establishing intermodal collaborations
nilai tambah. Di samping itu, KAI menjalin kerja sama       for first-mile and last-mile services to offer better service
intermoda untuk layanan first mile dan last mile untuk      to customers. In 2023, KAI has integrated with several
memberikan pelayanan lebih kepada pelanggan.Pada            third parties.
tahun 2023, KAI telah melakukan integrasi dengan
sejumlah pihak ketiga.

Sementara pada segmen angkutan barang, KAI telah            Meanwhile, in the freight transportation segment, KAI
menjalin kerja sama dengan pelaku bisnis logistik maupun    has collaborated with logistics business players and freight
pemilik barang untuk menciptakan sistem logistik yang       owners to create an effective and efficient logistics system.
efektif dan efisien. Kerja sama tersebut mencakup:          This collaboration includes:
    1. Kerja sama jasa pengangkutan barang komoditi             1. Cooperation in freight transportation services for
        batu bara, peti kemas, semen, BBM/ BBK                     coal, containers, cement, Pertamina BBM/BBK,
        Pertamina, CPO, Pupuk, Pulp, dan angkutan                  CPO, Fertilizer, Pulp, and transportation of
        barang paketan pada kereta bagasi. Pada 2023,              packaged freight on baggage trains. In 2023, KAI
        KAI telah melakukan integrasi aplikasi komoditi            has integrated the coal commodity application
        batubara antara dengan PT Bukit Asam.                      between PT Bukit Asam.
    2. Kerja sama non-angkutan kereta api, yaitu                2. Non-rail transport cooperation, namely a
        kesepakatan kerja sama dengan anak perusahaan              cooperation agreement with the subsidiary KAI
        KAI Logistik untuk menangani Lo-Lo dan sinergis            Logistik to handle Lo-Lo and SOE synergy through
        BUMN melalui penandatangan MOU untuk                       the signing of an MOU to increase freight
        meningkatkan konektivitas angkutan barang                  transport connectivity by rail with Pelindo and
        dengan kereta api dengan Pelindo dan PTPN III.             PTPN III.

Strategi Harga                                              Pricing Strategy
Dalam menetapkan strategi harga pada segmen                 In determining the pricing strategy for the passenger
angkutan penumpang, KAI menerapkan strategi                 transportation segment, KAI applies the following
penentuan tarif manual sebagai berikut:                     manual tariff determination strategy:
    1. Setting tarif masih pada range TBA (Tarif Batas          1. Tariff settings are still in the range TBA (Upper Limit
       Atas) –TBB (Tarif Batas Bawah).                             Tariff) – TBB (Lower Limit Tariff).
    2. Penyesuaian tarif pada masa low dan peak season.         2. Tariff adjustment during low and peak season.
    3. Penerapan tarif promo pada masa- masa tertentu.          3. Application of promotional rates at certain periods.
    4. Promosi tarif khusus.                                    4. Special rate promotions.
    5. Memberikan potongan harga tiket bagi lansia,             5. Providing discounted ticket prices for the elderly,
       wartawan dan berbagai instansi lainnya yang sudah           journalists and various other agencies that have
       bekerja sama dengan Perusahaan (TNI, POLRI,                 collaborated with the Company (TNI, POLRI, LVRI,
       LVRI, Alumni dan Civitas Unversitas).                       Alumni and University Community).




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178                                                                                   PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
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                                         Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




TINJAUAN KEUANGAN                                                      FINANCIAL REVIEW
Kinerja keuangan KAI meliputi kinerja Laporan Posisi                   KAI's financial performance includes the performance
Keuangan Konsolidasian, Laporan Laba Rugi dan                          of the Consolidated Statement of Financial Position,
Penghasilan Komprehensif Lain Konsolidasian, serta                     Consolidated Statement of Profit and Loss and Other
Laporan Arus Kas Konsolidasian.                                        Comprehensive Income, and Consolidated Cash Flow
                                                                       Statement.

Laporan Posisi Keuangan Konsolidasian                                  Consolidated Statement of Financial Position
(Dalam ribuan rupiah, kecuali dinyatakan lain)                         (In thousands of rupiah, unless stated otherwise)


                                                                                                        Kenaikan (Penurunan)
                                                                                                         Increase (Decrease)
                   Uraian
                                                      2023                  2022
                 Description
                                                                                                   Nominal                 Persentase
                                                                                                   Nominal                 Percentage

 Aset Assets

 Aset Lancar Current Assets

 Kas dan Setara Kas
                                                  5.138.571.482        5.695.720.193              (557.148.711)              (9,78)
 Cash and Cash Equivalents

 Dana Dibatasi Penggunaannya
                                                  2.587.812.673        5.610.385.976            (3.022.573.303)              (53,87)
 Restricted Funds

 Piutang Usaha Trade Receivable

 Pihak Berelasi Related Parties                   1.253.114.802         934.629.745               318.485.057                34,08

 Pihak Ketiga Third Parties                        616.479.973          471.708.322               144.771.651                30,69

 Piutang Lain-lain Other Receivables               61.586.990           90.003.063                (28.416.073)               (31,57)

 Persediaan Inventories                           1.528.349.171         1.145.313.941             383.035.230                33,44

 Pendapatan Masih Akan Diterima
                                                  763.740.040           939.616.971              (175.876.931)               (18,72)
 Accrued Income

 Uang Muka dan Biaya Dibayar di
 Muka                                              260.184.522           120.303.174              139.881.348                116,27
 Advances and Prepaid Expenses

 Pajak Dibayar di Muka
                                                  690.300.423           303.896.017              386.404.406                 127,15
 Prepaid Taxes

 Aset Lancar Lainnya
                                                   123.701.643           26.370.549                97.331.094                369,09
 Other Current Assets

 Jumlah Aset Lancar
                                                  13.023.841.719       15.337.947.951           (2.314.106.232)              (15,09)
 Total Current Assets

 Aset Tidak Lancar Non-Current Assets

 Piutang Lain-lain Other Receivables                    -                     -                         -

 Uang Muka Jangka Panjang
                                                  3.093.767.915          20.640.157              30.73.127.758              14.889,07
 Long-Term Prepaid

 Investasi Entitas Asosiasi dan Ventura
 Bersama
                                                  5.808.370.149        6.315.362.037             (506.991.888)               (8,03)
 Investment in Associates and Joint
 Ventures

 Investasi Jangka Panjang
                                                   35.747.769            24.176.000               (11.571.769)               47,86
 Long-Term Investment

 Aset Pajak Tangguhan
                                                  1.216.932.650        1.432.778.568             (215.845.918)               (15,06)
 Deferred Tax Assets

 Aset Tetap Fixed Assets                         26.370.631.004        23.924.692.897           (2.445.938.107)               10,22

 Properti Investasi
                                                  246.905.669           126.085.555               120.820.114                95,82
 Investment Properties

 Hak Pengoperasian Aset Prasarana
 Infrastructure Assets Operating                 30.697.675.664        23.736.944.016            6.960.731.648                29,32
 Rights




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                                     Analisis dan Pembahasan Management
                                     Management Discussion and Analysis




                                                                                          Kenaikan (Penurunan)
                                                                                           Increase (Decrease)
                 Uraian
                                                    2023                  2022
               Description
                                                                                      Nominal             Persentase
                                                                                      Nominal             Percentage

 Aset Tak Berwujud Intangible Assets             576.231.411        422.760.902      153.470.509             36,30

 Aset Hak Guna Right of Use Asset                92.152.320          53.116.074      39.036.246              73,49

 Aset Tidak Lancar Lainnya
                                                 212.057.103        186.725.566      25.331.537              13,57
 Other Non-Current Assets

 Jumlah Aset Tidak Lancar
                                               68.350.471.654      56.243.281.772   12.107.189.882           21,53
 Total Non-Current Assets

 Jumlah Aset Total Assets                       81.374.313.373     71.581.229.723   9.793.083.650            13,68

 Liabilitas dan Ekuitas Liabilities and Equity

 Liabilitas Jangka Pendek Current Liabilities Trade Payables

 Utang Usaha Trade Payables

 Pihak Berelasi Related Parties                 4.976.299.233       880.714.681     4.095.584.552           465,03

 Pihak Ketiga Third Parties                     2.394.977.405       1.578.171.487    816.805.918             51,76

 Beban Akrual dan Provisi Accrued
                                                2.203.317.939       1.572.961.926    630.356.013            40,07
 Expenses

 Utang Pajak Taxes Payable                       621.745.503        309.332.730      312.412.773            101,00

 Liabilitas Sewa Lease Liabilities               36.504.861          16.563.637      19.941.224             120,39

 Pendapatan Diterima di Muka
                                                1.281.637.698       1.144.639.451    136.998.247             11,97
 Unearned Income

 Liabilitas Imbalan Kerja
                                                1.295.541.970       962.743.057      332.798.913             34,57
 Employee Benefits Liability

 Pinjaman Bank Jangka Pendek
                                                1.388.523.138      1.760.000.000    (371.476.862)            (21,11)
 Short Term Bank Loans

 Pinjaman Jangka Panjang yang Jatuh Tempo dalam Satu Tahun Current Maturities of Long-Term Loans

 Pinjaman Jangka Panjang
                                                1.294.613.508       1.196.958.601    97.654.907               8,16
 Long Term Loans

 Pinjaman Program PEN
                                                437.500.000         437.500.000           0                  0,00
 PEN Program Loans

 Utang Obligasi
                                                1.898.852.925              0        1.898.852.925           100,00
 Bonds Payable

 Liabilitas Jangka Pendek Lainnya
                                                 91.802.000         98.538.290       (6.736.290)            (6,84)
 Other Current Liabilities

 Jumlah Liabilitas Jangka Pendek
                                                17.921.316.180     9.958.123.860    7.963.192.320            79,97
 Total Current Liabilities

 Liabilitas Jangka Panjang Liabilities Non-Current Liabilities

 Liabilitas Sewa
                                                 74.166.028         44.599.263       29.566.765              66,29
 Lease Liabilities

 Pendapatan Diterima di Muka
                                                 834.563.297        837.174.293      (2.610.996)             (0,31)
 Unearned Revenue

 Liabilitas Imbalan Kerja
 Long-Term Employee Benefits                    5.618.516.876       5.197.151.974   421.364.902               8,11
 Liabilities

 Liabilitas Jangka Panjang Setelah Dikurangi Bagian Jatuh Tempo dalam Satu Tahun
 Long-Term Liabilities After Deducting the Maturity Portion in One Year

 Pinjaman Jangka Panjang
                                               20.142.027.462      18.282.631.817   1.859.395.645            10,17
 Long-Term Loans

 Pinjaman Program PEN
                                               2.625.000.000       3.062.500.000    (437.500.000)           (14,29)
 PEN Program Loan




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                                       Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                     Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                      Kenaikan (Penurunan)
                                                                                                       Increase (Decrease)
                          Uraian
                                                               2023                 2022
                        Description
                                                                                                    Nominal           Persentase
                                                                                                    Nominal           Percentage

 Utang Obligasi Bonds Payable                              2.594.469.619       4.490.760.381      (1.896.290.762)       (42,23)

 Sukuk                                                     498.586.194           498.307.111         279.083             0,06

 Liabilitas Jangka Panjang Lainnya
                                                            159.530.476          129.796.719        29.733.757           22,91
 Other Non-Current Liabilities

 Liabilitas Jangka Panjang
                                                          32.546.859.952       32.542.921.558       3.938.394            0,01
 Total Non-Current Liabilities

 Jumlah Liabilitas Total Liabilities                      50.468.176.132       42.501.045.418      7.967.130.714         18,75

 Ekuitas Equity

 Ekuitas yang dapat Diatribusikan kepada Entitas Induk Equity Attributable to Owners of the Parent

 Modal Ditempatkan dan Disetor Penuh masing-
 masing per 31 Desember 2023 dan 2022 sebesar

 serta per 1 Januari 2023/31 Desember 2022 sebesar
 Issued and Fully Paid Capital as of December 31 st,      22.368.743.000       19.168.743.000     3.200.000.000          16,69
 2023 and 2022 respectively amounted to

 and as of January 1 st, 2023/December 31 st, 2022
 amounting to

 Tambahan Penyertaan Modal Negara
                                                                 0             3.200.000.000     (3.200.000.000)       (100,00)
 Additional State Equity Participation

 Tambahan Modal Disetor
                                                              486,081             486,081               0                0,00
 Additional Paid-in Capital

 Saldo Laba Retained Earnings                              9.553.007.595       7.679.086.294       1.873.921.301        24,40

 Komponen Ekuitas Lainnya Components of Equity

 Akumulasi Rugi Aktuaria atas Imbalan Kerja
                                                          (1.082.459.162)      (1.037.483.391)     (44.975.771)          4,34
 Accumulated Actuarial Loss on Employee Benefits

 Selisih Likuidasi
                                                              968,135             968,135               0                0,00
 Difference Liquidity

 Selisih Perubahan Ekuitas Entitas Anak
                                                           (24.069.720)         (24.069.720)            0                0,00
 Difference in Changes in Equity of Subsidiaries

 Ekuitas yang dapat Diatribusikan kepada Pemilik
 Entitas Induk                                            30.816.675.929       28.987.730.399     1.828.945.530           6,31
 Equity Attributable to Owners of the Parent Entity

 Kepentingan Non Pengendali
                                                            89.461.312           92.453.906         (2.992.594)          (3,24)
 Non-Controlling Interests

 Jumlah Ekuitas
                                                          30.906.137.241       29.080.184.305      1825952936            6,28
 Total Equity

 Jumlah Liabilitas dan Ekuitas
                                                           81.374.313.373      71.581.229.723     9.793.083.650          13,68
 Total Liabilities and Equity


ASET                                                                    ASSETS
Nilai aset KAI per 31 Desember 2023 mencapai Rp81,37                    The value of KAI's assets as of December 31st, 2023 reached
triliun atau meningkat 13,68% dibandingkan aset KAI                     Rp81.37 trillion or an increase of 13.68% compared to KAI's
tahun 2022 sebesar Rp71,58 triliun. Peningkatan tersebut                assets in 2022 of Rp71.58 trillion. This increase was mainly
terutama dikontribusikan oleh peningkatan komponen                      contributed by an increase in the long-term advance
uang muka jangka panjang sebesar Rp3,09 triliun pada                    component of Rp3.09 trillion in 2023.
tahun 2023.

Aset Lancar                                                             Liquid Assets
Realisasi aset lancar Perseroan pada 31 Desember 2023                   The realization of the Company's current assets on
adalah sebesar Rp13,02 triliun atau turun 15,09%                        December 31 st, 2023 was Rp13.02 trillion or a decrease of
dibandingkan tahun 2022 sebesar Rp15,34 triliun.                        15.09% compared to 2022 of Rp15.34 trillion.




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                                  Analisis dan Pembahasan Management
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Aset Lancar                                                     Liquid Assets
Realisasi aset lancar Perseroan pada 31 Desember 2023           The realization of the Company's current assets on
adalah sebesar Rp13,02 triliun atau turun 15,09%                December 31 st, 2023 was Rp13.02 trillion or a decrease of
dibandingkan tahun 2022 sebesar Rp15,34 triliun.                15.09% compared to 2022 of Rp15.34 trillion.

Kas dan Setara Kas                                              Cash and cash equivalents
Realisasi kas dan setara kas Perseroan pada 31 Desember         The company’s cash and cash equivalent realization on
2023 mencapai Rp5,14 triliun atau turun sebesar 9,78%           December 31 st, 2023 reached Rp5.14 trilion or decreased
dibandingkan tahun 2022 sebesar Rp5,70 triliun. Turunnya        by 9.78%. Compared to 2022 of Rp5.70 trilion. The decrease
realisasi kas dan setara kas tersebut disebabkan oleh           in the realization of cash and cash equivalent wa caused
turunnya dana dibatasi penggunaannya.                           by a decrease in restricted funds.

Dana Dibatasi Penggunaannya                                     Use of Funds is Restricted
Nilai dana dibatasi penggunaannya untuk tahun 2023              The value of restricted funds for 2023 reached Rp2.59
mencapai Rp2,59 triliun atau turun 53,87% dibandingkan          trillion, a decrease of 53.87% compared to the previous
tahun sebelumnya sebesar Rp5,61 triliun. Penurunan              year's Rp5.61 trillion. This decrease was due to the decline
tersebut disebabkan dana PMN untuk Proyek LRT                   in PMN funds for the Jabodebek LRT Project and the
Jabodebek dan Proyek Kereta Cepat Jakarta Bandung               Jakarta Bandung Fast Train Project.
yang menurun.

                                                                                            Kenaikan (Penurunan)
                                                                                             Increase (Decrease)
                  Uraian
                                                 2023                  2022
                Description
                                                                                       Nominal             Persentase
                                                                                       Nominal             Percentage

 Pihak Berelasi
                                             2.560.880.158      5.590.894.318       (3.030.014.160)          (54,20)
 Related Party

 Pihak Ketiga Third Party

 PT Bank Central Asia Tbk                      26.932.515         19.491.658           7.440.857              38,17

 Jumlah Total                                2.587.812.673      5.610.385.976       (3.022.573.303)           (53,87)

 Dikurangi: Cadangan Kerugian
 Penurunan Nilai
                                             (1.552.241.932)            0            (1.552.241.932)          100,00
 Less: Allowance for Impairment
 Losses

 Neto Net                                    1.035.570.741      5.610.385.976       (4.574.815.235)           (81,54)


Piutang Usaha                                                   Accounts receivable
Pada 31 Desember 2023, piutang usaha Perseroan                  As of December 31 st, 2023, the Company's trade
sejumlah Rp1,87 triliun atau meningkat 32,62%                   receivables amounted to Rp1.87 trillion or an increase of
dibandingkan tahun sebelumnya sejumlah Rp1,41 triliun.          32.62% compared to the previous year of Rp1.41 trillion.
Peningkatan tersebut disebabkan oleh peningkatan pada           This increase was caused by an increase in freight
pendapatan angkutan barang terutama angkutan barang             transportation revenues, especially coal transportation.
batu bara.


                                                                                            Kenaikan (Penurunan)
                                                                                             Increase (Decrease)
                  Uraian
                                                 2023                  2022
                Description
                                                                                       Nominal             Persentase
                                                                                       Nominal             Percentage

 Pihak Berelasi Related Party                1.253.114.802       934.629.745          318.485.057             34,08

 Pihak Ketiga Third Party                     616.479.973        471.708.322          144.771.651             30,69

 Jumlah Total                                1.869.594.775      1.406.338.067        463.256.708              32,94


Piutang Lain-Lain                                               Other Receivables
Piutang lain-lain Perseroan pada posisi 31 Desember 2022        The Company's other receivables as of December 31st, 2022
adalah sejumlah Rp90,03 miliar, meningkat 20,53%                amounted to Rp90.03 billion, an increase of 20.53%
dibanding tahun sebelumnya yang sejumlah Rp74,67                compared to the previous year which amounted to
miliar. Peningkatan tersebut disebabkan oleh kenaikan           RP74.67 billion. This increase was caused by an increase
transaksi di luar bisnis utama Perseroan                        in transactions outside the Company's main business




                          Laporan Tahunan dan Keberlanjutan
182                                                                                       PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 183
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                            Kenaikan (Penurunan)
                                                                                             Increase (Decrease)
                  Uraian
                                               2023                 2022
                Description
                                                                                        Nominal              Persentase
                                                                                        Nominal              Percentage

 Pihak Berelasi Related Party               8.183.000                 0                 8.183.000               100%

 Pihak Ketiga Third Party                   60.977.138            92.696.413           (31.719.275)             (34,22)

 Dikurangi Cadangan Kerugian
 Penurunan Nilai
                                            (7.573.148)           (2.693.350)          (4.879.798)              181,18
 Less Allowance for Impairment
 Losses

 Jumlah Total                               61.586.990           90.003.063            (28.416.073)             (31,57)


Persediaan                                                      Preparation
Perseroan mencatatkan nilai persediaan untuk tahun              The company recorded an inventory value for 2023
2023 sejumlah Rp1,53 triliun atau meningkat 33,44%              amounting to Rp1.53 trillion or an increase of 33.44%
dibanding tahun sebelumnya yang sejumlah RpRp1,15               compared to the previous year which amounted to Rp1.15
triliun. Peningkatan tersebut terutama disebabkan oleh          trillion. This increase was mainly due to the purchase of
adanya pembelian persediaan untuk perawatan sarana              supplies for maintenance of Rolling Stock and
dan prasarana untuk tahun mendatang.                            infrastructure for the coming year.


                                                                                            Kenaikan (Penurunan)
                                                                                             Increase (Decrease)
                  Uraian
                                               2023                 2022
                Description
                                                                                        Nominal              Persentase
                                                                                        Nominal              Percentage

 Suku Cadang Sarana Rolling Stock
                                           1.238.415.440        1.065.426.895          172.988.545              16,24
 Parts

 Suku Cadang Prasarana
                                           461.538.274           223.925.849           237.612.425              106,11
 Infrastructure Spare Parts

 Lain-lain Others                           22.696.178            23.090.194            (394.016)                (1,71)

 Dikurangi: Cadangan Kerugian
 Penurunan Nilai Less: Allowance for       (194.300.721)         (167.128.997)         (27.171.724)             16,26
 Impairment Losses

 Neto Net                                  1.528.349.171         1.145.313.941         383.035.230              33,44


Pendapatan Masih Akan Diterima                                  Income Will Still Be Received
Pendapatan yang masih akan diterima dari pihak berelasi         Income that will still be received from related parties
diantaranya adalah kompensasi kewajiban pelayanan               includes compensation for public service obligations
publik (PSO) yang merupakan tagihan kepada                      (PSO) which is a claim to the Government for PSO
Pemerintah atas kompensasi PSO berdasarkan Perjanjian           compensation based on the Agreement between the
antara Direktorat Jenderal Perkeretaapian dengan                Directorate General of Railways and the Company.
Perusahaan.

Sedangkan pendapatan yang masih akan diterima dari              Meanwhile, income will still be received from third parties
pihak ketiga Per 31 Desember 2023, pendapatan masih             As of December 31 st, 2023, the Company's income will
akan diterima Perseroan adalah sejumlah Rp763,74 miliar,        still be received in the amount of Rp763.74 billion, down
turun 18,72% dibandingkan dengan tahun sebelumnya               18.72% compared to the previous year of Rp939.62 billion.
sebesar Rp939,62 miliar. Penurunan tersebut terutama            This decrease was mainly due to the realization of
disebabkan oleh telah direalisasikannya kompensasi              compensation for PSO obligations from the Government.
kewajiban PSO dari Pemerintah.




                                                               Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                               183
                                                                   Annual and Sustainability Report
Page 184
                                  Analisis dan Pembahasan Management
                                  Management Discussion and Analysis




                                                                                                    Kenaikan (Penurunan)
                                                                                                     Increase (Decrease)
                Uraian
                                                2023                     2022
              Description
                                                                                               Nominal              Persentase
                                                                                               Nominal              Percentage

 Pihak Berelasi Related Parties              439.036.344          719.566.683                (280.530.339)            (38,99)

 Pihak Ketiga Third Party                    324.703.696          220.050.288                 104.653.408             47,56

 Pendapatan Masih akan Diterima
                                             763.740.040           939.616.971                (175.876.931)           (18,72)
 Receivable Revenue


Uang Muka dan Biaya Dibayar di Muka                              Down Payments and Prepaid Expenses
Uang muka dan biaya dibayar di muka Perseroan pada               The Company's advances and prepaid expenses as of
posisi 31 Desember 2023 adalah sejumlah Rp260,18 miliar,         December 31 st, 2023 amounted to Rp260.18 billion, an
meningkat dibanding tahun sebelumnya sebesar Rp120,30            increase compared to the previous year of Rp20.30
miliar. Peningkatan tersebut disebabkan oleh peningkatan         billion. This increase was caused by an increase in
uang muka aset yang sebagian besar merupakan uang                advances for assets, most of which were advances for
muka pembelian rangkaian KA Eksekutif New Generation,            the purchase of a series of New Generation Executive
KA Luxury, dan pembangunan pusat data.                           Trains, Luxury Trains, and the construction of a data
                                                                 center.


                                                                                                         Kenaikan (Penurunan)
                                                                                                          Increase (Decrease)
                        Uraian
                                                              2023                 2022
                      Description
                                                                                                       Nominal        Persentase
                                                                                                       Nominal        Percentage

 Prepaid Expenses Prepaid Expenses                         167.365.297           62.652.603           104.712.694        167,13

 Uang Muka Pihak Ketiga Third Party Advances                81.937.291           53.798.799           28.138.492         52,30

 Uang Muka Dinas Service Advance                           10.881.934            3.851.772             7.030.162         182,52

 Jumlah Total                                              260.184.522          120.303.174          139.881.348         116,27


Pajak Dibayar Di Muka                                            Prepaid Taxes
Perseroan mencatatkan pajak dibayar di muka sejumlah             The company recorded prepaid taxes amounting to
Rp690,30 miliar atau meningkat 127,15% dibanding tahun           Rp690.30 billion or an increase of 127.15% compared to
sebelumnya sebesar Rp308,90 miliar. Peningkatan                  the previous year of Rp308.90 billion. The increase was
tersebut terutama disebabkan oleh meningkatnya                   mainly caused by This increase was mainly due to increased
pembayaran atas pajak pertambahan nilai.                         payments for value added tax.




                        Laporan Tahunan dan Keberlanjutan
184                                                                                               PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 185
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                           Kenaikan (Penurunan)
                                                                                            Increase (Decrease)
                Uraian
                                              2023                 2022
              Description
                                                                                       Nominal              Persentase
                                                                                       Nominal              Percentage

  Perusahaan Company

  Pajak penghasilan Income tax

  Pasal 28a Article 28a

  2023                                    128.074.019                -                128.074.019                -

  2022                                     96.201.568            98.709.717           (2.508.149)              (2,54)

  2021                                          -               67.009.624           (67.009.624)                -

  Pajak pertambahan nilai
                                           378.611.594          103.540.737           275.070.857              265,66
  Value-added tax

  Sub-Jumlah Subtotal                     602.887.181           269.260.078           333.627.103              123,91

  Entitas anak Subsidiaries

  Pajak penghasilan Income tax

  Pasal 28a Article 28a

  2023                                     28.758.711                -                 28.758.711                -

  2021                                          -                9.873.157            (9.873.157)             (100,00)

  Pajak pertambahan nilai
                                           58.654.531            24.762.782           33.891.749               136,87
  Value-added tax

  Sub-Jumlah Subtotal                      87.413.242           34.635.939            52.777.303               152,38

  Jumlah Total                            690.300.423           303.896.017          386.404.406               127,15


Aset Lancar Lainnya                                            Other Current Assets
Aset lancar lainnya Perseroan pada posisi 31 Desember          The Company's other current assets as of December 31 st,
2023 mencapai Rp123,70 miliar, meningkat 369,09%               2023 reached Rp123.70 billion, an increase of 369.09%
dibanding tahun sebelumnya sejumlah Rp26,37 miliar.            compared to the previous year of Rp26.37 billion. This
Peningkatan tersebut disebabkan oleh penempatan dana           increase was caused by the placement of state capital
penyertaan modal negara atas proyek LRT belum dapat            participation funds for the LRT project which had not
terserap sepenuhnya, ditambah masih adanya sisa dana           been fully absorbed, plus there were still remaining PMN
PMN untuk setoran modal proyek KCJB.                           funds for capital payments for the KCJB project.

Aset Tidak Lancar                                              Non-Current Assets
Pada posisi 31 Desember 2023, aset tidak lancar Perseroan      As of December 31 st, 2023, the Company's non-current
mencapai Rp68,35 triliun atau meningkat 21,53% dibanding       assets reached Rp68.35 trillion or an increase of 21.53%
tahun sebelumnya yang sejumlah Rp56,24 triliun.                compared to the previous year which amounted to
Peningkatan tersebut terutama dikontribusikan oleh             Rp56.24 trillion. This increase was mainly contributed by
investasi properti Perseroan.                                  the Company's property investment.

Investasi Entitas Asosiasi dan Ventura Bersama                 Investment in Associated Entities and Joint Ventures
Investasi entitas asosiasi dan ventura bersama Perseroan       The Company's investment in associates and joint
untuk tahun 2023 mencapai Rp5,81 triliun, turun 8,03%          ventures for 2023 reached Rp5.81 trillion, down 8.03%
dibandingkan tahun 2022 yang sejumlah Rp6,32 triliun.          compared to Rp6.32 trillion in 2022. The decrease was
Penurunan tersebut terutama disebabkan oleh                    mainly due to a decrease in capital deposits in 2023 to
penurunan setoran modal pada 2023 kepada pihak                 joint venture parties such as PT Pilar Sinergi SOE
ventura bersama seperti PT Pilar Sinergi BUMN Indonesia,       Indonesia, KSO Bumi Kalog, and KSO PT Mega Dasa
KSO Bumi Kalog, dan KSO PT Mega Dasa Semesta.                  Semesta.




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              185
                                                                  Annual and Sustainability Report
Page 186
                                  Analisis dan Pembahasan Management
                                  Management Discussion and Analysis




                                                                                           Kenaikan (Penurunan)
                                                                                            Increase (Decrease)


                 Uraian                                                             Nominal untuk
                                                 2023                  2022         Moda integrasi
               Description
                                                                                       dan BPRS            Persentase
                                                                                      Nominal for          Percentage
                                                                                   integration mode
                                                                                       and BPRS

 Entitas Asosiasi Associates

 PT Moda Integrasi Transportasi
                                              28.617.769          17.307.401           11.310.368             65,35
 Jabodetabek

 PT BPRS Baiturridha Pusaka                    9.519.83           8.204.532            1.315.306              16,03

 Ventura Bersama Joint Ventures

 PT Pilar Sinergi BUMN Indonesia             5.708.376.759      6.208.789.974        (500.413.215)            (8,06)

 KSO Bumi Kalog                               42.005.447         59.698.827           (17.693.380)            (29,6)

 KSO B Kalog                                  16.876.931          16.175.849            701.082                4,33

 KSO PT KAPM - PT Mega Dasa
                                              2.973.405           5.185.454           (2.212.049)             (42,66)
 Semesta

 Jumlah Total                               5.808.370.149        6.315.362.03       (506.991.888)             (8,03)


Investasi Jangka Panjang                                        Long Term Investment
Investasi jangka panjang Perseroan pada tahun 2023              The Company's long-term investment in 2023 was
tercatat sebesar Rp35.747.769 atau naik 47,86% dibanding        recorded at Rp35,747,769 or an increase of 47.86%
tahun sebelumnya yang sejumlah Rp24,18 miliar.                  compared to the previous year which amounted to
Peningkatan tersebut terutama disebabkan oleh adanya            Rp24.18 billion. This increase was mainly due to an increase
kenaikan nilai wajar investasi yang dilakukan valuasi           in the fair value of investments which were revalued by
kembali oleh laporan Kantor Jasa Penilai Publik (KJPP).         the Public Appraisal Services Office (KJPP) report.


                                                                                           Kenaikan (Penurunan)
                                                                                            Increase (Decrease)
                 Uraian
                                                 2023                  2022
               Description
                                                                                       Nominal             Persentase
                                                                                       Nominal             Percentage

 PT Fintek Karya Nusantara

 Saldo awal investasi
                                              24.176.000         54.853.000          (30.677.000)             (55,93)
 Initial investment balance

 Perubahan Nilai Wajar
                                               11.571.769        (30.677.000)         42.248.769             (137,72)
 Fair Value Change

 Saldo akhir investasi
                                              35.747.769          24.176.000           11.571.769             47,86
 Final investment balance


Aset Pajak Tangguhan                                            Deferred Tax Assets
Aset pajak tangguhan Perseroan pada posisi 31 Desember          The Company's deferred tax assets as of December 31 st,
2023 adalah sejumlah Rp1,22 triliun atau turun 15,06%           2023 were Rp1.22 trillion or a decrease of 15.06% compared
dibanding tahun sebelumnya sebesar Rp1,43 triliun.              to the previous year of Rp1.43 trillion. This decrease was
Penurunan tersebut disebabkan oleh berkurangnya                 caused by reduced accumulated fiscal losses.
akumulasi rugi fiskal.

Aset Tetap                                                      Fixed Assets
Perseroan pada 31 Desember 2023 mencatatkan aset tetap          On December 31 st, 2023, the company recorded fixed
sejumlah Rp26,37 triliun, meningkat 10,22% dibandingkan         assets amounting to Rp26.37 trillion, an increase of 10.22%
tahun sebelumnya sebesar Rp23,92 triliun. Peningkatan           compared to the previous year of Rp23.92 trillion. This
tersebut disebabkan oleh adanya pembelian atau                  increase was caused by the purchase or procurement of
pengadaan aset tetap berupa sarana, prasarana dan               fixed assets in the form of Rolling Stock, infrastructure
fasilitas.                                                      and facilities.




                         Laporan Tahunan dan Keberlanjutan
186                                                                                       PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 187
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                   Uraian
                                                 2023                 2022
                 Description
                                                                                          Nominal              Persentase
                                                                                          Nominal              Percentage

  Saldo Akhir Biaya Perolehan Ending Acquisition Cost

  Sarana Means

  Lokomotif Locomotive                       9.443.910.756        9.443.910.756               -                      -

  Kereta Train                              14.380.671.999        9.278.367.313         5.102.304.686             54,99

  Gerbong Wagon                              4.396.179.136        4.400.467.290          (4.288.154)              (0,10)

  Prasarana Infrastructure

  Tanah Land                                  166.911.132          135.630.829           31.280.303               (23,06)

  Bangunan Building                         2.750.982.870          2.513.361.125         237.621.745              (9,45)

  Prasarana dan Instalasi
                                             1.499.450.585         1.358.156.655         141.293.930              (10,40)
  Infrastructure and Installation

  Fasilitas Facilities

  Mesin dan Peralatan
                                            2.934.860.627         2.406.317.362          528.543.265              (21,96)
  Machinery and Equipment

  Kendaraan Vehicle                           94.683.369            79.641.506           15.041.863               (18,89)

  Inventaris
                                              173.179.844          169.834.945            3.344.899               (1,97)
  Inventory

  Aset dalam Pembangunan
                                             1.637.067.007        3.323.275.870        (1.686.208.863)            (50,74)
  Fixed Assets in Construction

  Jumlah Total                              37.477.897.325       33.959.993.851         3.517.903.474             10,36

  Akumulasi Penyusutan
                                            10.876.893.914        9.623.053.037         1.253.840.877             13,03
  Accumulated Depreciation

  Penurunan Nilai Aset Tetap
                                             230.372.407            151.317.697          79.054.710               52,24
  Impairment of Fixed Assets

  Nilai Tercatat Carrying Value             26.370.631.004       23.924.692.897        2.445.938.107              10,22


Properti Investasi                                                Investment Property
Properti investasi Perseroan pada posisi 31 Desember 2023         The Company's investment property as of December 31 st,
adalah sejumlah Rp246,91 miliar, meningkat signifikan             2023 was Rp246.91 billion, a significant increase of 95.82%
sebesar 95,82% dibanding tahun sebelumnya yang                    compared to the previous year which amounted to
sejumlah Rp126,09 miliar. Kenaikan tersebut terutama              Rp126.09 billion. This increase was mainly due to the
disebabkan oleh penambahan aset yang dikomersilkan                addition of assets commercialised by the Company.
oleh Perseroan.




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PT Kereta Api Indonesia (Persero)                                                                                                 187
                                                                     Annual and Sustainability Report
Page 188
                                  Analisis dan Pembahasan Management
                                  Management Discussion and Analysis




Properti Investasi                                              Investment Properties
(Dalam ribuan rupiah)                                           (In thousand rupiah)



                                                                                               Kenaikan (Penurunan)
                                                                                                Increase (Decrease)
                  Uraian
                                                 2023                  2022
                Description
                                                                                          Nominal             Persentase
                                                                                          Nominal             Percentage

  Saldo Akhir Biaya Perolehan Ending Acquisition Cost

  Tanah Land                                  12.633.938          8.278.976               4.354.962              52,60

  Bangunan Building                           322.773.549        178.681.326            144.092.223              80,64

  Jumlah Total                               335.407.487         186.960.302             148.447.185             79,40

  Akumulasi Penyusutan
                                              88.501.818          60.874.747             27.627.071              45,38
  Accumulated Depreciation

  Nilai Tercatat Carrying Value              246.905.669         126.085.555             120.820.114             95,82


Hak Pengoperasian Aset Prasarana                                Infrastructure Asset Operation Rights
Perseroan membukukan hak pengoperasian aset                     The company recorded operating rights for infrastructure
prasarana untuk tahun 2022 sejumlah Rp30,70 triliun,            assets for 2022 amounting to Rp30.70 trillion, or an
atau meningkat sebesar 29,32% dibanding tahun                   increase of 29.32% compared to the previous year of
sebelumnya sebesar Rp23,74 triliun. Peningkatan                 Rp23.74 trillion. This increase was mainly due to the
tersebut terutama disebabkan telah beroperasinya LRT            operation of the Jabodebek LRT.
Jabodebek.

Hak Pengoperasian Aset Prasarana                                Operating Rights For Infrastructure Assets
(Dalam ribuan rupiah)                                           (In thousand rupiah)



                                                                                               Kenaikan (Penurunan)
                                                                                                Increase (Decrease)
                  Uraian
                                                 2023                  2022
                Description
                                                                                          Nominal             Persentase
                                                                                          Nominal             Percentage

  Saldo Akhir Biaya Perolehan Ending Acquisition Cost

  Hak Pengoperasian Operating Rights

  Aset Prasarana - Konsesi
                                            28.335.361.035      2.414.560.954          25.920.800.081           1.073,52
  Infrastructure Assets - Concession

  Non-Consensi Non-Concession                2.356.946.553      2.061.358.529           295.588.024              14,34

  Pekerjaan dalam Proses Konstruksi Work in Construction

  Consensi Concession                         381.997.205       19.041.688.791         (18.659.691.586)         (97,99)

  Non-Consensi Non-Concession                1.051.876.253       1.287.455.656          (235.579.403)           (18,30)

  Jumlah Total                               32.126.181.046     24.805.063.930           7.321.117.116           29,51

  Akumulasi Penyusutan
                                             1.428.505.382       1.068.119.914          360.385.468              33,74
  Accumulated Depreciation

  Nilai Tercatat Recorded Value             30.697.675.664      23.736.944.016          6.960.731.648            29,32


Aset Tak Berwujud                                               Intangible Assets
Aset tak berwujud Perseroan pada posisi 31 Desember             The Company's intangible assets as of December 31st, 2023
2023 adalah sejumlah Rp576,23 miliar, meningkat sebesar         amounted to Rp576.23 billion, an increase of 36.30%
36,30% dibanding tahun 2022 yang sejumlah Rp422,76              compared to 2022 which amounted to Rp422.76 billion.
miliar. Peningkatan tersebut terutama disebabkan oleh           This increase was mainly due to part of the asset
sebagian proses sertifikasi aset sudah selesai pada tahun       certification process being completed in 2023.
2023.




                          Laporan Tahunan dan Keberlanjutan
188                                                                                          PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 189
                                      Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Aset Tak Berwujud                                                   Intangible Assets
(Dalam ribuan rupiah)                                               (In thousand rupiah)



                                                                                                Kenaikan (Penurunan)
                                                                                                 Increase (Decrease)
                  Uraian
                                                   2023                  2022
                Description
                                                                                            Nominal              Persentase
                                                                                            Nominal              Percentage

  Saldo Akhir Biaya Perolehan Ending Acquisition Cost

  Sertifikat Tanah Land Certificate            527.129.548           402.149.859           124.979.689              31,08

  Piranti Lunak Software                       313.206.795           264.330.197           48.876.598               18,49

  Aset dalam Penyelesaian
                                               100.969.676           76.845.930            24.123.746                31,39
  Assets in Progress

  Jumlah Total                                 941.306.019           743.325.986           197.980.033              26,63

  Akumulasi penyusutan
                                               365.074.608           320.565.084           44.509.524               13,88
  Accumulated depreciation

  Nilai Tercatat Recorded Value                 576.231.411          422.760.902           153.470.509              36,30


Aset Hak Guna                                                       Use Rights Assets
Aset hak guna Perseroan pada posisi 31 Desember 2023                The Company's right-of-use assets as of December 31 st,
adalah sejumlah Rp95,15 miliar, mengalami peningkatan               2023 amounted to Rp95.15 billion, an increase of 73.49%
73,49% dibandingkan tahun sebelumnya sebesar Rp53,12                compared to the previous year of Rp53.12 billion due to
miliar disebabkan oleh masa kontrak atas sewa kendaraan.            the contract period for vehicle rental.

Aset Hak Guna                                                       Right to Use Assets
(Dalam ribuan rupiah)                                               (In thousand rupiah)



                                                                                                Kenaikan (Penurunan)
                                                                                                 Increase (Decrease)
                  Uraian
                                                   2023                  2022
                Description
                                                                                            Nominal              Persentase
                                                                                            Nominal              Percentage

  Saldo Akhir Biaya Perolehan Ending Acquisition Cost

  Tanah Land                                    20.503.811            6.198.766            14.305.045               230,77

  Bangunan Building                             6.656.638             18.787.043           (12.130.405)             (64,57)

  Instalasi Bergerak
                                                35.048.185            35.048.185                -                      -
  Mobile Installation

  Fasilitas Facilities

  Kendaraan Vehicle                             34.135.122            4.378.159            29.756.963               679,67

  Inventaris Inventory                          89.175.993            63.467.867           25.708.126               40,51

  Jumlah Total                                  185.519.749          127.880.020           57.639.729               45,07

  Akumulasi Penyusutan
                                                93.367.429            74.763.946           18.603.483               24,88
  Accumulated Depreciation

  Nilai Tercatat Recorded Value                 92.152.320            53.116.074           39.036.246               73,49


Aset Tidak Lancar Lainnya                                           Other Non-Current Assets
Pada 31 Desember 2022, Perseroan membukukan aset                    On December 31 st, 2022, the Company recorded other
tidak lancar lainnya sejumlah Rp212,06 miliar, atau                 non-current assets amounting to Rp212.06 billion, or an
meningkat sebesar 13,57% dibanding tahun sebelumnya                 increase of 13.57% compared to the previous year which
yang sejumlah RpRp186,73 miliar. Peningkatan tersebut               amounted to Rp186.73 billion. This increase was mainly
terutama disebabkan oleh kenaikan selisih kurs pada                 due to an increase in the exchange rate difference on
jaminan kontrak valas. Secara terperinci, komponen aset             foreign exchange contract collateral. In detail, other non-
tidak lancar lainnya untuk tahun 2021-2022 adalah                   current asset components for 2021-2022 are as follows.
sebagai berikut.




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PT Kereta Api Indonesia (Persero)                                                                                                   189
                                                                       Annual and Sustainability Report
Page 190
                                 Analisis dan Pembahasan Management
                                 Management Discussion and Analysis




Aset Tidak Lancar Lainnya                                       Other Non-Current Assets
(Dalam ribuan rupiah)                                           (In thousand rupiah)



                                                                                             Kenaikan (Penurunan)
                                                                                              Increase (Decrease)
                  Uraian
                                                2023                  2022
                Description
                                                                                        Nominal             Persentase
                                                                                        Nominal             Percentage

  Aset Non-Keuangan Non-Financial Assets

  Aset Diberhentikan Operasi
                                             120.935.985         268.605.543           (147.669.558)          (54,98)
  Assets Discontinued

  Persediaan Scrap Scrap Supplies            31.443.812           31.443.812                0                  0,00

  Instalasi Bergerak Mobile Installation

  Dikurangi: Cadangan Kerugian
  Penurunan Nilai
                                             (52.379.791)       (300.049.355)          147.669.564            (49,22)
  Less: Allowance for Impairment
  Losses

  Aset Non-Keuangan – Neto
                                                  6                    -                     -                   -
  Non-Financial Assets - Net

  Aset Keuangan Financial Assets

  Dana Pensiun Pegawai
                                             91.258.933           76.394.632            14.864.301             19,46
  Employee Pension Fund

  Dana Kesehatan Pegawai
                                             60.679.342          53.402.087             7.277.255              13,63
  Employee Health Fund

  Dana Cadangan Tantiem
                                              7.592.201                -                     -                   -
  Tantiem Reserve Fund

  Aset Keuangan Lainnya
                                             52.526.622          56.928.847            (4.402.225)             (7,73)
  Other Financial Assets

  Dikurangi: Cadangan Kerugian Penurunan Nilai sebelumnya
  Less: Previous Allowance for Impairment Losses

  Aset Keuangan - Neto
                                             212.057.098         186.725.566            25.331.532             13,57
  Financial Assets – Net

  Neto Net                                   212.057.104         186.725.566            25.331.538             13,57


LIABILITAS                                                      LIABILITIES
Liabailitas Perseroan pada 31 Desember 2023 mencapai            The Company's liabilities as of December 31 st, 2023
Rp50,47 triliun atau meningkat 18,75% dibandingkan              reached Rp50.47 trillion or an increase of 18.75%
tahun     sebelumnya     sejumlah   Rp42,50    triliun.         compared to the previous year of Rp42.50 trillion. This
Peningkatan tersebut dikontribusikan oleh peningkatan           increase was contributed by an increase in the
komponen liabilitas sewa dan utang obligasi.                    components of lease liabilities and bonds payable.

Liabilitas Jangka Pendek                                        Short-term Liabilities
Realisasi liabilitas jangka pendek sebesar Rp17,92 triliun,     Realisation of short-term liabilities amounted to Rp17.92
meningkat 79,97% dibandingkan tahun sebelumnya                  trillion, an increase of 79.97% compared to the previous
sebesar Rp9,96 triliun disebabkan meningkatnya utang            year of Rp9.96 trillion due to the increase in business
usaha dan obligasi. Selain itu, adanya kebijakan terkait        debts and bonds. Apart from that, there are policies
penetapan Term Of Payment (TOP) yang memberikan                 related to determination Term Of Payment (TOP) which
waktu untuk pembayaran ke vendor, dimana sebagian               provides time for payments to vendors, where most of
besar tagihan diterima saat akhir tahun sehingga belum          the bills are received at the end of the year so they are
jatuh tempo berdasarkan TOP dan belum cairnya                   not yet due based on TOP and the loan for the KCJB
pinjaman untuk proyek KCJB dari China Development               project from China Development Bank has not yet been
Bank.                                                           disbursed.




                           Laporan Tahunan dan Keberlanjutan
190                                                                                        PT Kereta Api Indonesia (Persero)
                             Annual and Sustainability Report
Page 191
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Liabilitas Jangka Panjang                                      Long-term Liabilities
Realisasi liabilitas jangka panjang Perseroan mencapai         The realization of the Company's long-term liabilities
Rp32,55 triliun atau meningkat tipis 0,01% dibandingkan        reached Rp32.55 trillion or a slight increase of 0.01%
tahun sebelumnya sebesar Rp32,54 triliun disebabkan            compared to the previous year of Rp32.54 trillion due to
belum terealisasinya pencairan investasi yang bersumber        the unrealized disbursement of investments sourced
dari pinjaman jangka panjang seperti investasi LRT             from long-term loans such as Jabodebek LRT investment
Jabodebek serta pinjaman jangka panjang untuk                  and long-term loans for KCJB Cash Deficiency Support
kebutuhan Cash Deficiency Support (CDS) KCJB.                  (CDS) needs.

Utang Usaha                                                    Accounts Payable
Utang usaha Perseroan pada posisi 31 Desember 2023             The Company's trade debt as of December 31 st, 2023
mencapai Rp7,37 triliun atau meningkat sebesar 199,78%         reached Rp7.37 trillion or an increase of 199.78%
dibanding tahun sebelumnya yang sejumlah Rp2,46                compared to the previous year which amounted to Rp2.46
triliun . Peningkatan tersebut terutama disebabkan oleh        trillion. This increase was mainly due to the increase in
meningkatnya utang usaha pada pihak berelasi dan pihak         business debts to related parties and third parties in line
ketiga seiring dengan target operasional KCJB Whoosh           with the operational targets of KCJB Whoosh and LRT
dan LRT Jabodebek yang membutuhkan pendanaan                   Jabodebek which required large funding.
besar.

Utang Usaha                                                    Accounts Payable
(Dalam ribuan rupiah)                                          (In thousand rupiah)



                                                                                            Kenaikan (Penurunan)
                                                                                             Increase (Decrease)
                  Uraian
                                              2023                  2022
                Description
                                                                                        Nominal             Persentase
                                                                                        Nominal             Percentage

  Pihak Berelasi Related Party            4.976.299.233         880.714.681           4.095.584.552            465,03

  Pihak Ketiga Third Party               2.394.977.405          1.578.171.487          816.805.918              51,76

  Utang Usaha Accounts Payable            7.371.276.638        2.458.886.168          4.912.390.470            199,78


Beban Akrual dan Provisi                                       Accruals and Provisions
Pada posisi 31 Desember 2023, Perseroan membukukan             As of December 31 st, 2023, the Company recorded
beban akrual dan provisi sejumlah Rp4,41 triliun,              accruals and provisions of Rp2.20 trillion, an increase of
meningkat sebesar 181,72% dibanding tahun sebelumnya           181.72% compared to the previous year of Rp3.15 trillion.
yang sejumlah Rp3,15 triliun. Peningkatan tersebut             The increase was mainly due to the increase in accrued
terutama disebabkan oleh meningkatnya biaya                    indirect operating costs, including maintenance costs
operasional tidak langsung yang masih harus dibayar,           of the Company's main infrastructure and Government-
diantaranya biaya pemeliharaan prasarana pokok                 owned infrastructure (TAC), occupational safety and
Perusahaan dan prasarana milik Pemerintah (TAC), biaya         health costs.
keselamatan dan kesehatan kerja.




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                                                                  Annual and Sustainability Report
Page 192
                                    Analisis dan Pembahasan Management
                                    Management Discussion and Analysis




Beban Akrual dan Provisi                                           Accrued Expenses and Provisions
(Dalam ribuan rupiah)                                              (In thousand rupiah)



                                                                                                Kenaikan (Penurunan)
                                                                                                 Increase (Decrease)
                  Uraian
                                                   2023                  2022
                Description
                                                                                            Nominal            Persentase
                                                                                            Nominal            Percentage

  Beban Akrual Trade Payables

  Biaya Operasi Langsung
                                               846.030.286          672.586.876            173.443.410            25,79
  Direct Operating Cost

  Biaya Umum dan Administrasi
                                                770.061.237         579.407.094            190.654.143            32,91
  General and Administrative Fees

  Biaya Operasi Tidak Langsung
                                                587.226.416         320.967.956           266.258.460             82,95
  Indirect Operating Cost

  Jumlah Beban Akrual
                                               2.203.317.939        1.572.961.926         630.356.013            40,07
  Total Trade Payables

  Provisi Provision                            846.030.286          672.586.876            173.443.410            25,79


  Jumlah Total                                4.406.635.878        3.145.923.852          1.260.712.026          181,72



Utang Pajak                                                        Tax Debt
Utang pajak Perseroan pada posisi 31 Desember 2023                 The Company's tax debt as of December 31 st, 2023 was
adalah sejumlah Rp621,74 miliar, meningkat 101,1%                  RP621.74 billion, an increase of 101.1% compared to the
dibanding tahun sebelumnya yang sejumlah Rp309,33                  previous year which amounted to RP309.33 billion. This
miliar. Peningkatan tersebut terutama disebabkan oleh              increase was mainly due to the increase in the
meningkatnya pajak pertambahan nilai Perseroan.                    Company's value added tax.

Utang Pajak                                                        Tax Debt
(Dalam ribuan rupiah)                                              (In thousand rupiah)



                                                                                                Kenaikan (Penurunan)
                                                                                                 Increase (Decrease)
                  Uraian
                                                   2023                  2022
                Description
                                                                                            Nominal            Persentase
                                                                                            Nominal            Percentage

  Perusahaan Company

  Pajak penghasilan Income tax

  Pasal 21 Article 21                           160.887.278          64.991.629            95.895.649            147,55

  Pasal 22 Article 22                            9.771.232          225.868.954           (216.097.722)          (95,67)

  Pasal 23 Article 23                           23.138.521           21.845.785             1.292.736             5,92

  Pasal 4 (2) Article 4 (2)                     29.350.740           12.367.793            16.982.947            137,32

  Pajak pertambahan nilai
                                               342.704.025           141.624.718          201.079.307            141,98
  Value-added tax

  Sub-Jumlah Sub Total                          565.851.796         246.698.879            319.152.917           129,37

  Entitas anak Subsidiaries

  Pajak penghasilan Income tax

  Pasal 21 Article 21                           26.818.157           21.409.723            5.408.434              25,26

  Pasal 23 Article 23                            2.010.181            1.552.318             457.863               29,50

  Pasal 25 Article 25                            4.812.198             701.651              4.110.547            585,84

  Pasal 29 Article 29                            12.178.166          32.771.764           (20.593.598)           (62,84)




                              Laporan Tahunan dan Keberlanjutan
192                                                                                           PT Kereta Api Indonesia (Persero)
                                Annual and Sustainability Report
Page 193
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                          Kenaikan (Penurunan)
                                                                                           Increase (Decrease)
                  Uraian
                                             2023                  2022
                Description
                                                                                      Nominal              Persentase
                                                                                      Nominal              Percentage

  Pasal 4 (2) Article 4 (2)                6.503.551            3.264.006             3.239.545               99,25

  Pajak pertambahan nilai
                                           3.571.454            2.934.389              637.065                 21,71
  Value-added tax

  Sub-Jumlah Sub Total                    55.893.707            62.633.851           (6.740.144)              (10,76)

  Jumlah Total                           621.745.503           309.332.730           312.412.773              101,00


Liabilitas Sewa                                               Rental Liabilities
Liabilitas sewa Perseroan pada posisi 31 Desember 2023        The Company's rental liabilities as of December 31st, 2023
adalah sejumlah R36,50 miliar, meningkat sebesar              amounted to R36.50 billion, an increase of 120.39%
120,39% dibanding tahun sebelumnya yang sejumlah              compared to the previous year which amounted to Rp.
Rp16,56 miliar. Peningkatan tersebut terutama disebabkan      16.56 billion. This increase was mainly due to an increase
oleh meningkatnya kontrak sewa kendaraan dan gedung           in vehicle and building rental contracts that matured in
yang jatuh tempo dalam kurun waktu kurang dari 1 tahun.       less than 1 year.

Pendapatan Diterima di Muka                                   Income Received Up Front
Perseroan membukukan pendapatan diterima di muka              The company recorded unearned revenue of RP1.281
sejumlah Rp1,281miliar atau meningkat sebesar 11,97%          billion or an increase of 11.97% compared to the previous
dibanding tahun sebelumnya yang sejumlah Rp1,14 miliar.       year of RP1.14 billion. This increase was mainly due to an
Peningkatan tersebut terutama disebabkan oleh kenaikan        increase in passenger transport volume.
volume angkutan penumpang.

Pendapatan Diterima di Muka                                   Income Received Up Front
(Dalam ribuan rupiah)                                         (In thousand rupiah)



                                                                                          Kenaikan (Penurunan)
                                                                                           Increase (Decrease)
                  Uraian
                                             2023                  2022
                Description
                                                                                      Nominal              Persentase
                                                                                      Nominal              Percentage

  Jatuh Tempo dalam Satu Tahun Maturity in One Year

  Non Angkutan Non-Transportation        700.443.816           653.712.500            46.731.316               7,15

  Angkutan Penumpang
                                         547.600.796           445.814.913           101.785.883              22,83
  Passenger transportation

  Angkutan Barang
                                          33.593.086            45.112.038           (11.518.952)             (25,53)
  Freight Transportation

  Jumlah Amount                          1.281.637.698         1.144.639.451         136.998.247               11,97

  Jangka Panjang Lebih dari Satu Tahun Long-Term, More than One Year

  Non Angkutan Non-Transportation        834.563.297           837.174.293           (2.610.996)              (0,31)


Pinjaman Bank Jangka Pendek                                   Short Term Bank Loans
Pinjaman bank jangka pendek Perseroan pada posisi 31          The Company's short-term bank loans as of December
Desember 2023 adalah sejumlah Rp1,39 triliun, menurun         31 st, 2023 amounted to Rp1.39 trillion, a decrease of 21.11%
sebesar 21,11% dibandingkan tahun sebelumnya yang             compared to the previous year which amounted to Rp1.76
sejumlah Rp1,76 triliun.                                      trillion.




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                                                                 Annual and Sustainability Report
Page 194
                                   Analisis dan Pembahasan Management
                                   Management Discussion and Analysis




Pinjaman Bank Jangka Pendek                                      Short Term Bank Loans
(Dalam ribuan rupiah)                                            (In thousand rupiah)



                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                                  2023                  2022
                Description
                                                                                          Nominal             Persentase
                                                                                          Nominal             Percentage

  Pihak Berelasi Related Party                 988.523.138        760.000.000            228.523.138            30,07

  Pihak Ketiga Third party

  PT Bank HSBC Indonesia                            -            1.000.000.000                -                     -

  PT Bank Central Asia Tbk                    400.000.000                -                    -                     -

  Sub-Jumlah Sub-Total                        400.000.000        1.000.000.000          (600.000.000)            (60)

  Jumlah Total                                1.388.523.138      1.760.000.000          (371.476.862)            (21,11)


Pinjaman Jangka Panjang                                          Long Term Loans
Perseroan membukukan pinjaman jangka panjang yang                The company recorded long-term loans that mature in
jatuh tempo dalam satu tahun pada posisi 31 Desember             one year on December 31 st, 2023 amounting to RP20.14
2023 sejumlah RP20,14 triliun, meningkat sebesar 10,17%          trillion, an increase 10.17% compared to the previous year
dibanding tahun sebelumnya yang sejumlah RP18,28                 which amounted to RP18.28 trillion.
triliun.

Pinjaman Jangka Panjang                                          Long Term Loans
(Dalam ribuan rupiah)                                            (In thousand rupiah)



                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                                  2023                  2022
                Description
                                                                                          Nominal             Persentase
                                                                                          Nominal             Percentage

  Pihak Berelasi Related Parties

  Pihak Berelasi Related Parties              12.829.344.79      11.855.551.877          973.792.920              8,21

  Pihak Ketiga Third-Party

  PT Bank Central Asia Tbk                    3.419.813.820       3.187.005.145          232.808.675             7,30

  PT Bank CIMB Niaga Tbk                      2.470.630.404      2.020.370.749           450.259.655             22,29

  PT Bank KEB Hana Indonesia                  568.687.305         465.046.975            103.640.330             22,29

  PT Bank DKI                                 568.687.305         465.046.975            103.640.330             22,29

  PT Bank Mega Tbk                            568.687.305         465.046.975            103.640.330             22,29

  PT BPD Sumatera Selatan dan
                                              345.892.954         286.151.843             59.741.111            20,88
  Bangka Belitung

  Export-Import Bank of United States         100.890.342         277.446.568           (176.556.226)           (63,64)

  PT Bank Shinhan                             284.343.654         232.523.843             51.819.811             22,29

  PT BPD Sumatera Utara                       279.663.084         225.399.838            54.263.246             24,07

  Sub-Jumlah / Sub-Total                      8.607.296.173      7.624.053.836           983.242.337             12,90

  Jumlah / Total                             21.436.640.970      19.479.605.713         1.957.035.257            10,05

  Bagian Pinjaman Jangka Panjang yang Jatuh Tempo dalam Satu Tahun
  Long-Term Loans Maturing in One Year

  Pihak Berelasi Related Parties              929.940.459         805.012.927            124.927.532             15,52




                          Laporan Tahunan dan Keberlanjutan
194                                                                                          PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 195
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                               Kenaikan (Penurunan)
                                                                                                Increase (Decrease)
                  Uraian
                                                2023                   2022
                Description
                                                                                           Nominal            Persentase
                                                                                           Nominal            Percentage

  Pihak Ketiga Third-Party

  PT Bank Central Asia Tbk                   235.672.613           217.450.892            18.221.721              8,38

  PT Bank CIMB Niaga Tbk                      18.221.633                 -                18.221.633                -

  PT Bank KEB Hana Indonesia                  4.194.238                  -                4.194.238                 -

  PT Bank DKI                                 4.194.238                  -                4.194.238                 -

  PT Bank Mega Tbk                            4.194.238                  -                4.194.238                 -

  Export-Import Bank of United States        91.485.309            174.494.692           (83.009.383)            (47,57)

  PT BPD Sumatera Selatan dan PT
  BPD Sumatera Selatan dan Bangka             2.556.918            174.494.692                 -                    -
  Belitung

  PT Bank Shinhan                             2.097.119                  -                 2.097.119                -

  PT BPD Sumatera Utara                       2.056.743                  -                2.056.743                 -

  Sub Jumlah                                 364.673.049           391.945.674           (27.272.625)            (6,96)

  Jumlah Bagian Pinjaman Jangka
  Panjang yang Jatuh Tempo dalam
  Satu Tahun                                1.294.613.508          1.196.958.061          97.655.447              8,16
  Total Long-Term Loans Maturing in
  One Year

  Bagian Jangka Panjang
                                           20.142.027.462         18.282.631.877         1.859.395.585            10,17
  Long-Term


Utang Obligasi                                                    Bond Debt
Pada posisi 31 Desember 2023, utang obligasi yang jatuh           As of December 31 st, 2023, the Company's bonds payable
tempo dalam satu tahun Perseroan adalah 1.898.852.925,            that mature in one year are 1,898,852,925, namely for
yaitu untuk Obligasi I Kereta Api Indonesia Seri B dan            Indonesian Railway Bonds I Series B and Indonesian
Obligasi II Kereta Api Indonesia Seri A.                          Railway Bonds II Series A.

Utang Obligasi                                                    Bond Debt
(Dalam ribuan rupiah)                                             (In thousand rupiah)



                                                                                               Kenaikan (Penurunan)
                                                                                                Increase (Decrease)
                  Uraian
                                                2023                   2022
                Description
                                                                                           Nominal            Persentase
                                                                                           Nominal            Percentage

  Obligasi I Kereta Kereta Api Indonesia Kereta Api Indonesia Bond I

  Seri A Series A                                 -                      -                     -                    -

  Seri B Series B                           1.000.000.000                -                    0                   0,00

  Sub-Jumlah Sub-Total                            -               1.000.000.000               0                   0,00

  Obligasi II Kereta Api Indonesia Kereta Api Indonesia Bond II

  Seri A Series A                           900.000.000            900.000.000                0                   0,00

  Seri B Series B                           1.100.000.000         1.100.000.000               0                   0,00

  Sub-Jumlah Sub-Total                     2.000.000.000          2.000.000.000               0                   0,00




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                                                                      Annual and Sustainability Report
Page 196
                                Analisis dan Pembahasan Management
                                Management Discussion and Analysis




                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                                2023                 2022
                Description
                                                                                         Nominal             Persentase
                                                                                         Nominal             Percentage

  Obligasi Berkelanjutan I Kereta Api Indonesia Api Indonesia Tahun 2022 Kereta Api Indonesia Sustainable Bonds in 2022

  Seri A Series A                           634.000.000         634.000.000                   0                 0,00

  Seri B Series B                           866.000.000         866.000.000                   0                 0,00

  Sub-Jumlah Sub-Total                     1.500.000.000        1.500.000.000                 0                 0,00

  Jumlah Total                             4.500.000.000        4.500.000.000                 0                 0,00

  Biaya Penerbitan Obligasi yang
  belum Diamortisasi                         (6.677.456)          (9.239.619)             2.562.163            (27,73)
  Unamortized Bond Issuance Costs

  Jumlah Utang Obligasi
                                           4.493.322.544        4.490.760.381             2.562.163             0,06
  Total Bonds

  Bagian Utang Obligasi yang Jatuh Tempo dalam Satu Tahun Share of Bonds Payable with Maturity Within One Year


  Obligasi I Kereta Api Indonesia Kereta Api Indonesia Bond I


  Seri B Series B                          1.000.000.000               -                      -                   -


  Obligasi Berkelanjutan I Kereta Api Indonesia Api Indonesia Tahun 2022 Kereta Api Indonesia Sustainable Bonds in 2022


  Seri A Series A                           900.000.000                -                      -                   -

  Biaya Penerbitan Obligasi yang
  belum Diamortisasi                         (1.147.075)               -                      -                   -
  Unamortized Bond Issuance Costs


  Jumlah Bagian Obligasi yang Jatuh
  Tempo dalam Satu Tahun
                                            1.898.852.925              -                      -                   -
  Share of Bonds Payable with
  Maturity Within One Year

  Utang Obligasi Jangka Panjang
                                           2.594.469.619        4.490.760.381          (1.896.290.762)         (42,23)
  Long-Term Bonds


Liabilitas Jangka Pendek Lainnya                                Other Short Term Liabilities
Perseroan membukukan liabilitas jangka pendek lainnya           The company recorded other short-term liabilities as of
pada posisi 31 Desember 2023 sejumlah Rp91,80 miliar,           December 31 st, 2023 amounting to Rp91.80 billion, a
menurun 6,84% dibandingkan tahun sebelumnya yang                decrease of 6.84% compared to the previous year which
sejumlah Rp98,53 miliar. Peningkatan tersebut                   amounted to Rp98.53 billion. This increase was mainly
disebabkan terutama oleh turunnya utang lain-lain yang          due to a decrease in other debts, including debts for
diantaranya merupakan utang atas penerimaan uang                receipt of asset optimization deposits from customers
jaminan optimalisasi aset dari pelanggan sebagai                as collateral for leased assets.
jaminan atas aset yang disewa.

Liabilitas Jangka Pendek Lainnya                                Other Short Term Liabilities
(Dalam ribuan rupiah)                                           (In thousand rupiah)


                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                                2023                 2022
                Description
                                                                                         Nominal             Persentase
                                                                                         Nominal             Percentage

  Titipan Pegawai Employee Deposit           60.909.704           56.416.887             4.492.817              7,96

  Uang Jaminan Bail                          5.960.655            5.538.030               422.625               7,63

  Lain-lain Others                           24.931.641           36.583.373             (11.651.732)          (31,85)

  Jumlah Total                               91.802.000          98.538.290             (6.736.290)            (6,84)




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                            Annual and Sustainability Report
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                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Liabilitas Jangka Panjang                                         Long Term Liabilities
Pada posisi 31 Desember 2023, Perseroan membukukan                As of December 31 st, 2023, the Company recorded long-
liabilitas jangka panjang sejumlah Rp32,55 triliun atau           term liabilities amounting to Rp32.55 trillion or an
meningkat sebesar 0,015% dibanding tahun sebelumnya               increase of 0.01% compared to the previous year which
yang sejumlah Rp32,54triliun. Peningkatan tersebut                amounted to RP32.54 trillion. This increase was mainly
terutama disebabkan oleh terserapnya pinjaman                     due to the absorption of company investment loans used
investasi     perusahaan   yang    digunakan     untuk            for business development. In general, the increase in
pengembangan bisnis. Secara umum, peningkatan                     long-term liabilities had an impact on the Company's
liabilitas jangka panjang tersebut memberi dampak                 financial condition in the form of decreasing the
bagi kondisi keuangan Perseroan berupa menurunnya                 Company's liquidity.
likuiditas Perseroan.

Liabilitas Sewa                                                   Rental Liabilities
Liabilitas sewa Perseroan pada posisi 31 Desember 2023            The Company's rental liabilities as of December 31st, 2023
adalah sejumlah Rp74,17 miliar, meningkat dibanding               amounted to RP74.17 billion, an increase compared to
tahun sebelumnya yang sejumlah Rp44,60 miliar.                    the previous year which amounted to RP44.60 billion.
Peningkatan tersebut disebabkan meningkatnya kontrak              This increase was due to the increase in rental contracts
sewa atas gedung, kantor, dan kendaraan selama tahun              for buildings, offices and vehicles during 2023.
2023.

Pendapatan Diterima Di Muka                                       Income Received Up Front
Perseroan membukukan pendapatan diterima di muka                  The company recorded unearned income as of December
pada posisi 31 Desember 2023 sejumlah Rp834,56 miliar,            31 st, 2023 amounting to RP834.56 billion, down 0.31%
turun 0,31% dibanding tahun sebelumnya yang sejumlah              compared to the previous year which amounted to
Rp837,17 miliar.                                                  RP837.17 billion.

Liabilitas Imbalan Kerja Jangka Panjang                           Long Term Employee Benefits Liabilities
Liabilitas imbalan kerja Perseroan pada posisi 31                 The Company's employee benefits liabilities as of
Desember 2023 adalah sejumlah Rp5,62 triliun, meningkat           December 31 st, 2023 amounted toRP5.62 trillion, an
sebesar 8,11% dibanding tahun sebelumnya yang                     increase of 8.11% compared to the previous year which
sejumlah Rp5,20 triliun. Peningkatan tersebut terutama            amounted to RP5.20 trillion. This increase was mainly due
disebabkan oleh kenaikan imbalan kerja lain mencakup              to an increase in other employee benefits including
uang pesangon, penghargaan masa bakti, tunjangan                  severance pay, long service awards, pension preparation
masa persiapan pensiun dan tunjangan cuti besar kepada            allowances and long leave allowances for employees who
karyawan yang memenuhi persyaratan sesuai dengan                  meet the requirements in accordance with Company policy.
kebijakan Perusahaan.

Liabilitas Imbalan Kerja Jangka Panjang                           Short Term Bank Loans
(Dalam ribuan rupiah)                                             (In thousand rupiah)



                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                                 2023                  2022
                Description
                                                                                          Nominal              Persentase
                                                                                          Nominal              Percentage

  Program Pensiun Eks PNS
  Former Civil Servant Retirement            1.138.251.753        1.098.808.740          39.443.013                3,59
  Program

  Program Pensiun Eks Perum dan
  Persero
                                             4.401.673.427         4.037.598.131         364.075.296               9,02
  Ex Perum and Persero Pension
  Program

  Imbalan Kerja Lain
                                              78.591.696            60.745.103           17.846.593               29,38
  Other Work Benefits

  Jumlah Liabilitas Imbalan Kerja
  Jangka Panjang                             5.618.516.876         5.197.151.974         421.364.902               8,11
  Total Employee Benefit Liabilities




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                                                                     Annual and Sustainability Report
Page 198
                                   Analisis dan Pembahasan Management
                                   Management Discussion and Analysis




Liabilitas Jangka Panjang Setelah Dikurangi Bagian               Long-Term Liabilities After Deducting the Portion
Jatuh Tempo dalam Satu Tahun Pinjaman Jangka                     Maturity in One Year of Long-Term Loans.
Panjang.
Perseroan mencatatkan pinjaman jangka panjang pada               The company recorded long-term loans as of December
posisi 31 Desember 2023 sejumlah Rp20,14 triliun,                31 st, 2023 amounting to RP20.14 trillion, an increase of
meningkat sebesar 10,17% dibanding tahun sebelumnya              10.17% compared to the previous year which amounted
yang sejumlah Rp18,28 triliun. Peningkatan tersebut              to RP18.28 trillion. This increase was mainly due to
terutama disebabkan oleh pencairan pinjaman untuk                disbursement of loans for the construction of the LRT
kebutuhan pembangunan proyek LRT.                                project.

Pinjaman Program PEN                                             PEN Program Loan
Pada 31 Desember 2023, pinjaman Program PEN                      As of December 31 st, 2023, the Company's PEN Program
Perseroan tercatat sejumlah Rp2,63 triliun, menurun              loans amounted to Rp2.63 trillion, a decrease of 14.29%
14,29% dibanding tahun sebelumnya yang sejumlah                  compared to the previous year of Rp3.06 trillion. The
Rp3,06 triliun. Penurunan tersebut terutama disebabkan           decrease was mainly due to the reclassification of long-
oleh reklasifikasi pinjaman jangka panjang ke jangka             term loans to short-term loans amounting to Rp437.50
pendek sebesar Rp437,50 miliar dan pembayaran pokok              billion and payment of loan principal since 2022. Related
pinjaman sejak tahun 2022. Terkait hal tersebut, Perseroan       to this, the Company signed a credit agreement in 2020.
menandatangani perjanjian kredit pada tahun 2020.

Utang Obligasi                                                   Bond Debt
Perseroan mencatatkan utang obligasi setelah dikurangi           The company recorded bonds payable after deducting
bagian jatuh tempo dalam satu tahun pada posisi 31               the portion due within one year on December 31 st, 2023
Desember 2023 sejumlah Rp2,60 triliun, turun sebesar             amounting to Rp2.60 trillion, a decrease of 42.23%
42,23% dibanding tahun sebelumnya yang sejumlah                  compared to the previous year which amounted to Rp4.49
Rp4,49 triliun.                                                  trillion.

Sukuk                                                            Sukuk
Pada 31 Desember 2023, Perseroan mencatatkan sukuk               As of December 31 st, 2023, the Company recorded sukuk
sejumlah Rp498,59 meningkat dibanding tahun                      amounting to RP498.59 billion, an increase compared to
sebelumnya sebesar Rp498,31 miliar.                              the previous year's RP498.31 billion.

Liabilitas Jangka Panjang Lainnya                                Other Long-Term Liabilities
Liabilitas jangka panjang Perseroan pada posisi 31               The Company's long-term liabilities as of December 31 st,
Desember 2023 mencapai Rp159,53 miliar, meningkat                2023 reached RP159.53 billion, an increase of 22.91%
22,91% dibanding tahun sebelumnya yang sejumlah                  compared to the previous year which amounted to RP
Rp129,80 miliar. Liabilitas jangka panjang lainnya               129.80 billion. Other long-term liabilities are funds
merupakan dana titipan dari iuran pensiun dana tambahan          entrusted from additional pension contributions from
dari Pemerintah Republik Indonesia dan PT Taspen                 the Government of the Republic of Indonesia and PT
(Persero) sebagai pembayaran manfaat masa lalu para              Taspen (Persero) as payment for past benefits of former
karyawan eks Pegawai Negeri Sipil. Dana titipan ini              Civil Servant employees. These entrusted funds, including
termasuk titipan dana kesehatan pegawai akan                     employee health fund entrustments, will be paid
dibayarkan sesuai perjanjian dengan pihak pengelola              according to the agreement with the fund management.
dana.

Liabilitas Imbalan Kerja Jangka Panjang                          Short Term Bank Loans
(Dalam ribuan rupiah)                                            (In thousand rupiah)


                                                                                            Kenaikan (Penurunan)
                                                                                             Increase (Decrease)
                  Uraian
                                                  2023                  2022
                Description
                                                                                        Nominal             Persentase
                                                                                        Nominal             Percentage

  Saldo Akhir Titipan Dana Iuran
  Pensiun
                                               91.258.933          76.394.632           14.864.301             19,46
  Final Balance of Pension
  Contribution Fund

  Titipan Dana Kesehatan Pegawai
                                               60.679.342         53.402.087            7.277.255              13,63
  Employee Health Fund Deposit

  Tantiem Direksi
                                                7.592.201                -                  -                    -
  Directors' Bonus

  Jumlah Total                                 159.530.476        129.796.719           29.733.757             22,91




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                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Ekuitas                                                        Equity
Realisasi ekuitas Perseroan pada 31 Desember 2023              The Company's realized equity on December 31 st, 2023
tercatat sebesar Rp30,91 triliun, meningkat 6,28%              was recorded at Rp30.91 trillion, an increase of 6.28%
dibandingkan posisi 31 Desember 2022 sebesar Rp29,08           compared to the position on December 31 st, 2022 of
triliun.  Peningkatan   tersebut  disebabkan    oleh           Rp29.08 trillion. This increase was caused by an increase
meningkatnya modal ditempatkan dan disetor penuh.              in issued and fully paid capital. An explanation of each
Penjelasan masing-masing komponen ekuitas Perseroan            component of the Company's equity (entirely owned by
(seluruhnya milik pemerintah Republik Indonesia)               the government of the Republic of Indonesia) is as
adalah sebagai berikut:                                        follows:

Modal Ditempatkan dan Disetor Penuh                            Issued and Fully Paid Capital
Pemerintah menambah modal ditempatkan dan disetor              The government increased the issued and fully paid
penuh untuk Perseroan menjadi Rp22,37 triliun pada             capital for the Company to RP22.37 trillion as of December
posisi 31 Desember 2023, meningkat dibandingkan posisi         31 st, 2023, an increase compared to the position as of
31 Desember 2022 sejumlah Rp19,17 triliun.                     December 31 st, 2022 amounting to IRP19.17 trillion.

Modal Ditempatkan dan Disetor Penuh                            Issued and Fully Paid Capital
(Dalam ribuan rupiah)                                          (In thousand rupiah)



                                                                                            Kenaikan (Penurunan)
                                                                                             Increase (Decrease)
                  Uraian
                                              2023                  2022
                Description
                                                                                        Nominal             Persentase
                                                                                        Nominal             Percentage

  Saldo Awal Tahun
                                         19.168.743.000        19.168.743.000               -                     -
  Beginning of Year Balance

  Penambahan Modal Disetor
                                         3.200.000.000                -                     -                     -
  Additional Paid-In Capital

  Jumlah Total                           22.368.743.000        19.168.743.000         3.200.000.000            16,69


Saldo Laba                                                     Profit Balance
Saldo laba Perseroan pada posisi 31 Desember 2023 adalah       The Company's profit balance as of December 31 st, 2023
sejumlah Rp9,55 triliun, meningkat sebesar 24,40%              was Rp9.55 trillion, an increase of 24.40% compared to
dibanding tahun sebelumnya yang sejumlah Rp7,68                the previous year of Rp7.68 trillion. The increase was
triliun. Peningkatan tersebut terutama disebabkan oleh         mainly due to the increase in the Company's profit
meningkatnya kinerja laba perseroan pada tahun 2023.           performance in 2023.

Saldo Laba                                                     Profit Balance
(Dalam ribuan rupiah)                                          (In thousand rupiah)



                                                                                            Kenaikan (Penurunan)
                                                                                             Increase (Decrease)
                  Uraian
                                              2023                  2022
                Description
                                                                                        Nominal             Persentase
                                                                                        Nominal             Percentage

  Ditentukan Penggunaannya
  (Cadangan Wajib dan Umum)
                                          9.476.398.277        7.694.357.800          1.782.040.477             23,16
  Appropriated (Mandatory and
  General Reserves)

  Belum Ditentukan Penggunaannya
                                           76.609.318           (15.271.506)           91.880.824             (601,65)
  Unappropriated

  Dampak Penerapan Awal PSAK 71
  Impact of Early Implementation of             -               173.801.073                 -                     -
  PSAK 71

  Jumlah Total                            9.553.007.595        7.679.086.294          1.873.921.301            24,40




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                                  Analisis dan Pembahasan Management
                                  Management Discussion and Analysis




Komponen Ekuitas Lainnya                                        Equity Components
Perseroan mencatatkan komponen ekuitas lainnya pada             The company recorded other equity components on
posisi 31 Desember 2023 sejumlah Rp(1.08) triliun,              December 31 st, 2023 amounting to RP(1.08) trillion, a
menurun dibanding tahun sebelumnya yang sejumlah                decrease compared to the previous year which amounted
Rp(1,043) triliun. Penurunan tersebut terutama                  to RP(1.043) trillion. This decrease was mainly due to
disebabkan oleh pengukuran kembali kewajiban imbalan            remeasurement of post-employment benefit obligations
pasca kerja oleh aktuaria.                                      by actuaries.


Komponen Ekuitas Lainnya                                        Other Equity Components
(Dalam ribuan rupiah)                                           (In thousand rupiah)



                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                                 2023                  2022
                Description
                                                                                         Nominal             Persentase
                                                                                         Nominal             Percentage

 Akumulasi Rugi Aktuaria atas
 Imbalan Kerja
                                            (1.082.459.162)     (1.037.483.391)         (44.975.771)           (4,34)
 Accumulated Actuarial Loss on
 Employee Benefits

 Selisih Likuidasi
                                                968.135             968.135                   -                   -
 Liquidation Difference

 Tambahan Modal Disetor atas
 Pengampunan Pajak
                                                486.081            486.081                    -                   -
 Additional Paid-in Capital for Tax
 Amnesty

 Jumlah Total                               (1.081.004.946)     (1.036.029.175)         (44.975.771)           (4,34)


Laporan Laba Rugi Dan Penghasilan Komprehensif                  Consolidated Statement Of Profit And Loss And
Lain Konsolidasian                                              Other Comprehensive Income
(Dalam ribuan rupiah)                                           (In thousand rupiah)


                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                                 2023                  2022
                Description
                                                                                         Nominal             Persentase
                                                                                         Nominal             Percentage

 Pendapatan Revenues

 Pendapatan Angkutan dan Usaha
 Lainnya
                                            27.764.287.041      22.967.071.664         4.797.215.377           20,89
 Transportation and Other Operating
 Revenues

 Pendapatan Konstruksi
                                             7.342.248.533       2.610.567.346          4.731.681.187          181,25
 Construction Revenue

 Jumlah Pendapatan
                                            35.106.535.574      25.577.639.010         9.528.896.564            37,25
 Total Revenues

 Beban Pokok Pendapatan Cost of Revenues

 Beban Angkutan dan Usaha Lainnya
 Transportation and Other Operating         (19.676.271.707)   (15.930.293.675)        (3.745.978.032)          23,51
 Costs

 Beban Konstruksi Construction Cost         (7.342.248.533)     (2.610.567.346)        (4.731.681.187)         181,25

 Jumlah Beban Pokok Pendapatan
                                            (27.018.520.240)    (18.540.861.021)       (8.477.659.219)          45,72
 Total Cost of Revenues




                          Laporan Tahunan dan Keberlanjutan
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                            Annual and Sustainability Report
Page 201
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                             Kenaikan (Penurunan)
                                                                                              Increase (Decrease)
                Uraian
                                                2023                 2022
              Description
                                                                                         Nominal              Persentase
                                                                                         Nominal              Percentage

  Laba Bruto Gross Profit                   8.088.015.334        7.036.777.989         1.051.237.345             14,94

  Beban Usaha Operating Expenses           (4.227.212.786)      (3.664.532.070)        (562.680.716)              15,35

  Laba Usaha Operating Profit              3.860.802.548         3.372.245.919         488.556.629               14,49

  Penghasilan Keuangan
                                            301.722.909           139.514.964           162.207.945              116,27
  Finance Income

  Bagian Rugi Bersih Entitas Asosiasi
  dan Ventura Bersama
                                            (507.073.954)        (267.504.272)         (239.569.682)             89,56
  Equity in Net Loss of Associates and
  Joint Ventures

  Beban Keuangan
                                           (1.507.438.966)        (980.572.153)        (526.866.813)             53,73
  Finance Cost

  Selisih Kurs
                                            (57.275.927)           42.673.110          (99.949.037)             (234,22)
  Foreign Exchanges

  Keuntungan (Kerugian) Lain-lain -
  Bersih                                     156.750.557          (95.769.893)          252.520.450             (263,67)
  Other Gains (Losses) - Net

  Laba (Rugi) Sebelum Pajak
                                            2.247.487.167        2.210.588.300          36.898.867                1,67
  Profit (Loss) Before Tax

  Manfaat (Beban) Pajak Penghasilan
  Bersih-Net                                (375.939.030)        (524.599.080)         148.660.050               (28,34)
  Income Tax Benefit (Expense)-Net

  Laba (Rugi) Tahun Berjalan/Tahun
                                            1.871.548.137        1.685.989.220          185.558.917               11,01
  Profit (Loss) for the Period/Year

  Penghasilan (Rugi) Komprehensif Lain yang Tidak Direklasifikasi ke Laba Rugi pada Periode Berikutnya
  Other Comprehensive Income (Loss) Not Reclassified to Profit or Loss in the Next Period

  Pengukuran Kembali Liabilitas
  Imbalan Pasti
                                            (56.850.198)          746.347.332          (803.197.530)            (107,62)
  Remeasurement of Defined Benefit
  Liability

  Efek Pajak Penghasilan Terkait
                                             11.703.462           (165.506.775)         177.210.237             (107,07)
  Income Tax Effect

  Jumlah Laba (Rugi) Komprehensif
  Lain - Setelah Pajak
                                            (45.146.736)          580.840.557          (625.987.293)            (107,77)
  Total Other Comprehensive Profit
  (Loss) - Net of Tax

  Jumlah Laba (Rugi) Komprehensif
  Tahun Berjalan
                                            1.826.401.401        2.266.829.777         (440.428.376)             (19,43)
   Total Comprehensive Profit (Loss)
  For The Year

  Laba (Rugi) Tahun Berjalan yang Dapat Diatribusikan Kepada:
  Profit (Loss) for the Year Attributable To:

  Pemilik Entitas Induk
                                            1.873.921.301        1.782.040.477          91.880.824                5,16
  Owner of the Parent Entity

  Kepentingan Non-Pengendali
                                             -2.373.164           (96.051.257)          93.678.093               (97,53)
  Non-Controlling Interest

  Jumlah
                                            1.871.548.137        1.685.989.220          185.558.917               11,01
  Total




                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                201
                                                                    Annual and Sustainability Report
Page 202
                                  Analisis dan Pembahasan Management
                                  Management Discussion and Analysis




                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                   Uraian
                                                 2023                  2022
                 Description
                                                                                         Nominal             Persentase
                                                                                         Nominal             Percentage

  Jumlah Laba (Rugi) Komprehensif yang Dapat Diatribusikan Kepada:
  Total Comprehensive Profit (Loss) Attributable to:

  Pemilik Entitas Induk
                                             1.828.945.530       2.362.914.534         (533.969.004)           (22,60)
  Owner of the Parent Entity

  Kepentingan Non-pengendali
                                              (2.544.129)        (96.084.757)           93.540.628             (97,35)
  Non-Controlling Interest

  Jumlah Total                               1.826.401.401      2.266.829.777          (440.428.376)           (19,43)

  Laba (Rugi) per Saham Dasar
                                                  84                    93                   (9)               (9,68)
  Basic Profit (Loss) per Share


PENDAPATAN                                                      REVENUE
Pendapatan Perseroan untuk tahun 2023 adalah sejumlah           The Company's revenue for 2023 is Rp 27.76 trillion, an
Rp27,76 triliun, meningkat sebesar 20,89% dibanding             increase of 20.89% compared to the previous year which
tahun sebelumnya yang sejumlah Rp25,58 triliun.                 amounted to Rp 25.58 trillion. This increase was mainly
Peningkatan tersebut terutama disebabkan oleh                   due to increased passenger transportation revenues.
meningkatnya pendapatan angkutan penumpang.

Beban Pokok Pendapatan                                          Cost of Revenue
Beban pokok pendapatan Perseroan untuk tahun 2023               The Company's cost of revenue for 2023 is Rp 27.02 trillion,
adalah sejumlah Rp27,02triliun, meningkat sebesar               an increase of 45.72% compared to the previous year
45,72% dibanding tahun sebelumnya yang sejumlah                 which amounted to Rp 18.54 trillion. The increase was
Rp18,54 triliun. Peningkatan tersebut terutama                  mainly due to an increase in personnel expenses, fuel
disebabkan oleh peningkatan beban pegawai, beban                expenses, maintenance expenses, and leasehold use
BBM, beban perawatan, dan beban penggunaan                      expenses (TAC).
prasarana (TAC).

Laba Bruto                                                      Gross Profit
2023 adalah sejumlah Rp8,09 triliun, meningkat sebesar          The Company's gross profit for 2023 is Rp8.09 trillion, an
14,94% dibanding tahun sebelumnya yang sejumlah                 increase of 14.94% compared to the previous year which
Rp7,04 triliun. Peningkatan tersebut terutama disebabkan        amounted to Rp7.04 trillion. The increase was mainly due
oleh peningkatan pendapatan angkutan dan usaha                  to an increase in transportation revenue and other
lainnya     yang    sejalan   dengan      beban    pokok        businesses in line with the cost of revenue.
pendapatannya.

Laba Bruto                                                      Gross Profit
(Dalam ribuan rupiah)                                           (In thousand rupiah)



                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                   Uraian
                                                 2023                  2022
                 Description
                                                                                         Nominal             Persentase
                                                                                         Nominal             Percentage

  Jumlah Pendapatan
                                            35.106.535.574      25.577.639.010         9.528.896.564            37,25
  Total Income

  Jumlah Beban Pokok Pendapatan
                                            (27.018.520.240)    (18.540.861.021)       (8.477.659.219)          45,72
  Total Cost of Revenue

  Laba Bruto
                                             8.088.015.334      7.036.777.989           1.051.237.345           14,94
  Gross Profit




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                             Annual and Sustainability Report
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                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Beban Usaha                                                      Operating Expenses
Beban usaha Perseroan untuk tahun 2023 adalah                    The Company's operating expenses for 2023 are Rp4.23
sejumlah Rp4,23 triliun, meningkat sebesar 15,35%                trillion, an increase of 15.35% compared to the previous
dibanding tahun sebelumnya yang sejumlah Rp3,66                  year which amounted to Rp3.66 trillion. The increase was
triliun. Peningkatan tersebut terutama disebabkan oleh           mainly due to the increase in general and administrative
meningkatnya beban umum dan administrasi dan terdapat            expenses and the recovery of allowance for impairment
pemulihan cadangan penurunan nilai piutang.                      of receivables.

Laba Bruto                                                       Gross Profit
(Dalam ribuan rupiah)                                            (In thousand rupiah)



                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                                2023                  2022
                Description
                                                                                          Nominal             Persentase
                                                                                          Nominal             Percentage

  Pegawai Employee                         2.870.874.456         2.466.173.859          404.700.597               16,41

  Pemasaran Marketing                        238.721.485           177.515.152           61.206.333              34,48

  Perlengkapan dan Operasional
  Kantor Office Equipment and                214.509.157           181.311.576           33.197.581               18,31
  Operations

  Teknologi dan Sistem Informasi
  Information Technology and                 191.216.621           181.107.282           10.109.339               5,58
  Systems

  Pendidikan dan Pelatihan Education
                                            149.609.220           142.533.291            7.075.929                4,96
  and Training

  Rapat/Akomodasi Meeting/
                                             135.391.442          118.755.270            16.636.172               14,01
  Accommodation

  Administrasi Administrative               124.309.044            113.740.157           10.568.887               9,29

  Penyusutan Fasilitas Facility
                                             99.798.926           129.430.614           (29.631.688)             (22,89)
  Depreciation

  Pajak Bumi dan Bangunan Land
                                             87.764.692            78.113.981             9.650.711               12,35
  and Building Tax

  Konsultan, Penelitian dan
  Pengembangan Consultants,                  80.752.194            62.078.041            18.674.153              30,08
  Research and Development

  Penurunan Nilai Aset Keuangan
                                             34.265.549            50.772.847           (16.507.298)             (32,51)
  Impairment of Financial Assets

  Jumlah Total Income                       4.227.212.786        3.664.532.070          562.680.716               15,35


Laba Usaha                                                       Operating Profit
Laba usaha Perseroan untuk tahun 2023 adalah sejumlah            The Company's operating profit for 2023 is RP3.86 trillion,
Rp3,86 triliun, meningkat 14,49% dibandingkan dengan             an increase of 14.49% compared to 2022 which was RP
tahun 2022 yang sejumlah Rp3,37 triliun. Peningkatan             3.37 trillion. This increase was mainly contributed by an
tersebut terutama dikontribusikan oleh peningkatan               increase in passenger and freight transportation
pendapatan angkutan penumpang dan barang.                        revenues.

Laba Usaha                                                       Operating Profit
(Dalam ribuan rupiah)                                            (In thousand rupiah)



                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                                2023                  2022
                Description
                                                                                          Nominal             Persentase
                                                                                          Nominal             Percentage

  Laba Bruto Laba Bruto                     8.088.015.334        7.036.777.989          1.051.237.345            14,94

  Beban Usaha Operating Profit             (4.227.212.786)      (3.664.532.070)         (562.680.716)             15,35

  Laba Usaha Operating Profit              3.860.802.548         3.372.245.919          488.556.629              14,49




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                                                                    Annual and Sustainability Report
Page 204
                                  Analisis dan Pembahasan Management
                                  Management Discussion and Analysis




Penghasilan Keuangan                                            Financial Income
Penghasilan keuangan Perseroan untuk tahun 2023                 The Company's financial income for 2023 was recorded
tercatat sejumlah Rp301,72 miliar, meningkat 116,275%           at RP301.72 billion, an increase of 116.275% compared to
dibandingkan dengan tahun 2022 yang mencapai                    2022 which reached RP139.51 billion. This increase was
Rp139,51 miliar. Peningkatan tersebut terutama                  mainly due to an increase in the PEN Current Value
disebabkan oleh peningkatan penyesuaian Nilai Kini PEN.         adjustment.

                                                                                          Kenaikan (Penurunan)
                                                                                           Increase (Decrease)
                 Uraian
                                                 2023                  2022
               Description
                                                                                      Nominal             Persentase
                                                                                      Nominal             Percentage

 Jasa Giro Current Account Service            150.723.754        106.536.898         44.186.856              41,48

 Penyesuaian Nilai Kini PEN
                                             109.099.460          17.662.552         91.436.908             517,69
 PEN Current Value Adjustment

 Deposito Berjangka Timed Deposit             41.899.695          15.315.494         26.584.201             173,58

 Jumlah Total                                 301.722.909        139.514.944         162.207.965            116,27


Bagian Rugi Bersih Entitas Asosiasi dan Ventura                 Share of Net Loss of Associates and Joint Ventures
Bersama
Perseroan membukukan bagian rugi bersih entitas                 The Company booked share of net loss of associates and
asosiasi dan ventura bersama sebesar Rp507,07 miliar,           joint ventures amounted to Rp507.07 billion, an increase
meningkat 89,56% dari tahun sebelumnya sebesar Rp261,48         of 89.56% from the previous year of Rp261.48 billion. The
miliar. Peningkatan tersebut terutama dikontribusikan           increase was mainly contributed by loss absorption on
oleh serap rugi atas invesatasi pada                            investments in joint venture companies.

                                                                                          Kenaikan (Penurunan)
                                                                                           Increase (Decrease)
                 Uraian
                                                 2023                  2022
               Description
                                                                                      Nominal             Persentase
                                                                                      Nominal             Percentage

 Entitas Asosiasi Associate Entities

 PT Moda Integrasi Transportasi
                                              (10.739.632)      (261.428.094)        (1.585.745)             17,32
 Jabodetabek

 PT BPRS Baiturridha Pusaka                    2.611.751           268.785            521.866                24,97

 Ventura Bersama Joint Ventures

 PT Pilar Sinergi BUMN Indonesia
                                             (500.413.215)      (261.428.094)       (238.985.121)            91,42
 (PSBI)

 KSO Bumi Kalog                                 817.504            268.785            548.719               204,15

 KSO B Kalog                                    701.082            717.398             (16.316)              (2,27)

 KSO PT KAPM - PT PPBM (PT Pacific Prima Buana Mas)

 KSO PT KAPM - PT Mega Dasa
                                               (51.444)                1.686          (53.130)             (3.151,25)
 Semesta

 KSO PT KAPM - PT Mahakarya Properti

 Jumlah Total                                (507.073.954)      (267.504.227)       (239.569.727)            89,56




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                           Annual and Sustainability Report
Page 205
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Beban Keuangan                                                   Financial Expenses
Beban keuangan Perseroan untuk tahun 2023 mencapai               The Company's financial expenses for 2023 reached Rp1.51
Rp1,51 triliun meningkat 53,73% dibandingkan dengan              trillion, an increase of 53.73% compared to 2022, which
tahun 2022 yang mencapai Rp980,57 miliar. Peningkatan            was Rp980.57 billion. This increase was influenced, among
tersebut antara lain dipengaruhi oleh peningkatan kredit         other things, by an increase in investment loans.
investasi.

Selisih Kurs                                                     Foreign Exchange Difference
Selisih kurs tahun Perseroan untuk tahun 2023                    The Company's foreign exchange difference for 2023
mencatatkan kerugian sebesar Rp57,28 miliar, turun               recorded a loss of Rp57.28 billion, a decrease of 234.22%
234,22% dibandingkan tahun 2022 yang mencatatkan                 compared to 2022, which recorded a surplus of Rp42.67
surplus Rp42,67 miliar. Hal ini disebabkan adanya Sinking        billion. This was due to the existence of a Sinking Fund
Fund untuk proyek KCJB dalam mata uang Dolar AS.                 for the KCJB project in US Dollars.

Keuntungan (Kerugian) Lain-Lain – Bersih                         Other Gains (Losses) – Net
Keuntungan lain-lain bersih Perseroan untuk tahun 2023           The Company's net other gains for 2023 amounted to
mencapai    Rp156,75    miliar,  meningkat     263,67%           Rp156.75 billion, an increase of 263.67% compared to 2022,
dibandingkan dengan tahun 2022 yang mencatatkan                  which recorded a net other loss of Rp95.77 billion. This
kerugian lain-lain bersih sebesar Rp95,77 miliar.                increase was influenced by the accrual of the Company's
Peningkatan tersebut dipengaruhi oleh akrual atas                contingent liabilities.
kewajiban kontijensi Perseroan.

Laba (Rugi) Sebelum Pajak                                        Profit (Loss) Before Tax
Laba (Rugi) sebelum pajak untuk tahun 2023 adalah                Profit (Loss) before tax for 2023 was Rp2.25 trillion, an
sejumlah Rp2,25 triliun, meningkat 1,67% dibandingkan            increase of 1.67% compared to 2022, which was Rp2.21
dengan tahun 2022 yang mencapai Rp2,21 triliun. Hal              trillion. This was influenced by the improved performance
tersebut dipengaruhi oleh meningkatnya kinerja                   of the Company.
Perseroan.

Laba (Rugi) Sebelum Pajak                                        Profit (Loss) Before Tax
(Dalam ribuan rupiah)                                            (In thousand rupiah)



                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                                2023                  2022
                Description
                                                                                          Nominal             Persentase
                                                                                          Nominal             Percentage

  Laba (Rugi) Usaha Operating Profit
                                           3.860.802.548         3.372.245.919          488.556.629              14,49
  (Loss)

  Penghasilan Keuangan Financial
                                            301.722.909           139.514.944           162.207.965              116,27
  Income

  Bagian Rugi Bersih Entitas Asosiasi
  dan Ventura Bersama Share of Net
                                            (507.073.954)        (267.504.227)          (239.569.727)            89,56
  Loss of Associates and Joint
  Ventures

  Beban Keuangan Financial Burden          (1.507.438.966)        (980.572.153)         (526.866.813)            53,73

  Selisih Kurs Exchange Rate
                                            (57.275.927)           42.673.710           (99.949.637)            (234,22)
  Difference

  Keuntungan (Kerugian) Lain-lain -
                                             156.750.557          (95.769.893)          252.520.450             (263,67)
  Bersih Other Gains (Losses) - Net

  Rugi Sebelum Pajak Loss Before Tax        2.247.487.167        2.210.588.300           36.898.867               1,67




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                                Analisis dan Pembahasan Management
                                Management Discussion and Analysis




Manfaat (Beban) Pajak Penghasilan - Bersih                    Income Tax Benefits (Expenses) - Net
Beban pajak penghasilan - bersih Perseroan tahun 2023         The Company's net income tax expense in 2023 reached
mencapa Rp375,94 miliar, menurun 171,66% dibandingkan         Rp 375.94 billion, a decrease of 171.66% compared to the
dengan beban pajak penghasilan - bersih tahun 2022            net income tax expense in 2022 which reached Rp 524.60
yang mencapai Rp524,60 miliar.                                billion.

                                                                                         Kenaikan (Penurunan)
                                                                                          Increase (Decrease)
               Uraian
                                               2023                  2022
             Description
                                                                                    Nominal             Persentase
                                                                                    Nominal             Percentage

 Konsolidasian Consolidation

 Beban Pajak Kini Current Tax Burden

 Tahun Berjalan Current Year               (144.914.096)      (267.504.227)        (15.098.342)             11,63

 Penyesuaian Adjustment                     (3.475.554)        (980.572.153)        (3.709.797)           (1.583,74)

 Manfaat Pajak Tangguhan Deferred
                                           (227.549.380)        42.673.710        (622.566.969)           (157,60)
 Tax Benefits

 Efek Perubahan Tarif Pajak
 Effects of Changes in Tax Rates

 Jumlah Total Loss Before Tax              (375.939.030)      (524.599.080)        (900.538.110)           (171,66)


Laba (Rugi) Tahun Berjalan                                    Income for the Year
Laba tahun berjalan untuk tahun 2023 mencapai Rp1,87          Profit for the year for 2023 reached Rp1.87 trillion, an
triliun, meningkat 11,01% dibandingkan dengan laba            increase of 11.01% compared to profit for the year 2022
tahun berjalan tahun 2022 yang mencapai Rp1,69 triliun.       which reached Rp1.69 trillion. This increase was influenced
Peningkatan tersebut dipengaruhi oleh meningkatnya            by the increase in the Company's performance.
kinerja Perseroan.

                                                                                         Kenaikan (Penurunan)
                                                                                          Increase (Decrease)
               Uraian
                                               2023                  2022
             Description
                                                                                    Nominal             Persentase
                                                                                    Nominal             Percentage

 Laba (Rugi) Sebelum Pajak Profit
                                           2.247.487.167      2.210.588.300        36.898.867                1,67
 (Loss) Before Tax

 Beban Manfaat (Manfaat Beban)
 Pajak Penghasilan - Bersih
                                           (375.939.030)      (524.599.080)        148.660.050             (28,34)
 Income Tax Benefits Expense
 (Expense Benefits) - Net

 Laba (Rugi) Tahun Berjalan
                                           1.871.548.137      1.685.989.220        185.558.917              11,01
 Income for the year


Laba (Rugi) Komprehensif Lain Setelah Pajak                   Other Comprehensive Profit (Loss) After Tax
Perseroan membukukan rugi komprehensif lain setelah           The company recorded other comprehensive loss after
pajak untuk tahun 2023 sebesar Rp45,15 miliar setelah         tax for 2023 of RP45.15 billion after recording other
pada tahun sebelumnya mencatatkan penghasilan                 comprehensive income after tax in the previous year of
komprehensif lain setelah pajak sebesar Rp580,84 miliar.      Rp580.84 billion. This is influenced by the increase in the
Hal tersebut dipengaruhi oleh meningkatnya kinerja            Company's performance.
Perseroan.




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                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Rugi Komprehensif Lain Setelah Pajak                             Loss Before Tax
(Dalam ribuan rupiah)                                            (In thousand rupiah)



                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                               2023                   2022
                Description
                                                                                          Nominal             Persentase
                                                                                          Nominal             Percentage

  Penghasilan (Rugi) Komprehensif Lain yang Tidak Direklasifikasi ke Laba Rugi pada Periode Berikutnya:
  Other Comprehensive Income (Loss) Not Reclassified to Profit or Loss in the Next Period:

  Pengukuran Kembali Liabilitas
  Imbalan Pasti
                                            (56.850.198)          746.347.332           (803.197.530)           (107,62)
  Remeasurement of Defined Benefit
  Liability

  Efek Pajak Penghasilan Terkait
                                             11.703.462           (165.506.775)          177.210.237            (107,07)
  Effects of Related Income Tax

  Jumlah Rugi Komprehensif Lain -
  Setelah Pajak                             (45.146.736)          580.840.557           (625.987.293)           (107,77)
  Other Comprehensive Loss After Tax


Laba (Rugi) Tahun Berjalan yang Dapat Diatribusikan              Attributable Profit (Loss) for the Year
Laba tahun berjalan yang dapat diatribusikan kepada              Profit for the year attributable to owners of the parent
pemilik entitas induk untuk tahun 2023 mencapai Rp1,87           entity for 2023 reached Rp1.87 trillion, an increase of 5.16%
triliun, meningkat 5,16% dibandingkan laba pada tahun            compared to profit in 2022 which amounted to RP1,78
2022 yang sejumlah Rp1,78 triliun. Adapun rugi tahun             trillion. The current year's loss attributable to non-
berjalan yang dapat diatribusikan kepada kepentingan             controlling interests in 2023 is Rp2.38 billion.
non-pengendali tahun 2023 adalah sejumlah Rp2,38
miliar.

Laba (Rugi) Tahun Berjalan yang Dapat                            Attributable Profit (Loss) for the Year
Diatribusikan                                                    (In thousand rupiah)
(Dalam ribuan rupiah)


                                                                                              Kenaikan (Penurunan)
                                                                                               Increase (Decrease)
                  Uraian
                                               2023                   2022
                Description
                                                                                          Nominal             Persentase
                                                                                          Nominal             Percentage

  Laba (Rugi) Tahun Berjalan yang Dapat Diatribusikan Kepada:
  Income (Loss) for the Year Attributable To:

  Pemilik Entitas Induk
                                            1.873.921.301        1.782.040.477           91.880.824               5,16
  Parent Entity Owner

  Kepentingan Non Pengendali
                                             (2.373.164)          (96.051.257)           93.678.093              (97,53)
  Non-Controlling Interest

  Jumlah Total                              1.871.548.137        1.685.989.220           185.558.917              11,01


Laba (Rugi) Komprehensif yang Dapat Diatribusikan                Attributable Comprehensive Profit (Loss).
Laba komprehensif yang dapat diatribusikan kepada                Comprehensive profit attributable to owners of the parent
pemilik entitas induk untuk tahun 2023 mencapai Rp1,83           entity for 2023 reached Rp 1.83 billion, down 22.60%
miliar, turun 22,60% dibandingkan tahun 2022 yang                compared to 2022 which reached Rp 2.36 billion.
mencapai Rp2,36 miliar. Sementara itu, rugi komprehensif         Meanwhile, comprehensive loss attributable to non-
yang dapat diatribusikan kepada kepentingan non-                 controlling interests in 2023 reached Rp 2.54 billion, down
pengendali tahun 2023 mencapai Rp2,54 miliar, turun              97.35% compared to 2022 which reached Rp 96.08 billion.
97,35% dibandingkan dengan tahun 2022 yang mencapai
Rp96,08 miliar.




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                               Analisis dan Pembahasan Management
                               Management Discussion and Analysis




                                                                                         Kenaikan (Penurunan)
                                                                                          Increase (Decrease)
               Uraian
                                             2023\                  2022
             Description
                                                                                     Nominal             Persentase
                                                                                     Nominal             Percentage

 Laba (Rugi) Tahun Berjalan yang Dapat Diatribusikan Kepada:
 Income (Loss) for the Year Attributable To:

 Pemilik Entitas Induk
                                          1.828.945.530        2.362.914.534       (533.969.004)           (22,60)
 Parent Entity Owner

 Kepentingan Non Pengendali
                                           (2.544.129)         (96.084.757)         93.540.628             (97,35)
 Non-Controlling Interest

 Jumlah Total                             1.826.401.401        2.266.829.777       (440.428.376)           (19,43)


Laba (Rugi) Per Saham Dasar                                    Basic Earnings (Loss) Per Share
Rugi per saham dasar Perseroan tahun untuk 2023                The Company's basic loss per share for 2023 reached Rp84
mencapai Rp84 ribu, turun 9,68% dibandingkan dengan            thousand, down 9.68% compared to the basic loss per
rugi per saham dasar tahun 2022 yang mencapai Rp93             share in 2022 which reached Rp93 thousand. This change
ribu. Perubahan tersebut terutama berasal dari turunnya        mainly came from a decrease in profit (loss) for the year
laba (rugi) tahun berjalan yang dapat diatribusikan            attributable to owners of the parent entity, which fell by
kepada pemilik entitas induk yang turun 22,26%.                22.26%.

                                                                                         Kenaikan (Penurunan)
                                                                                          Increase (Decrease)
               Uraian
                                              2023                  2022
             Description
                                                                                     Nominal             Persentase
                                                                                     Nominal             Percentage

 Laba (Rugi) tahun berjalan yang
 dapat diatribusikan kepada pemilik
 entitas induk                            1.873.921.301        1.782.040.477        91.880.824               5,16
 Income (Loss) for the year
 attributable to parent entity

 Rata-rata tertimbang saham
 beredar
                                          223.687.430            19.168.743         204.518.687           1.066,94
 Weighted average shares
 outstanding

 Rugi per Saham Dasar
                                               84                    93                 (9)                 (9,68)
 Basic Loss per Share




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208                                                                                    PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




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                                                                Annual and Sustainability Report
Page 210
                                 Analisis dan Pembahasan Management
                                 Management Discussion and Analysis




LAPORAN ARUS KAS KONSOLIDASI
CONSOLIDATED CASH FLOW STATEMENT


                                                                                         Kenaikan (Penurunan)
                                                                                          Increase (Decrease)
                Uraian
                                                2023                  2022
              Description
                                                                                    Nominal             Persentase
                                                                                    Nominal             Percentage

 Arus Kas dari Aktivitas Operasi
 Cash Flows From Operating Activities

 Penerimaan Kas dari Pelanggan
                                            23.922.111.200     18.291.269.386    5.630.841.814             30,78
 Cash Receipts from Customer

 Pembayaran kepada Pemasok
                                           (12.614.784.290)     (970.129.979)    (11.644.654.311)        1.200,32
 Payments to Suppliers

 Pembayaran kepada Karyawan
                                            (7.261.135.359)    (6.469.435.899)   (791.699.460)             12,24
 Payment to Employees

 Penerimaan dari Pemerintah
                                            2.893.428.499      4.043.803.506     (1.150.375.007)          (28,45)
 Receipts from Government

 Pembayaran kepada Pemerintah
                                            (656.220.091)       (221.003.573)     (435.216.518)           196,93
 Payment to Government

 Penerimaan Bunga
                                             192.619.984         139.527.011       53.092.973              38,05
 Interest Income

 Penerimaan Kas dari Restitusi Pajak
                                             52.410.340         240.700.252       (188.289.912)           (78,23)
 Cash Receipts from Tax Restitution

 Pembayaran Pajak Penghasilan
                                            (452.680.995)       261.362.844        (191.318.151)           73,20
 Payment of Income Tax

 Pembayaran Beban Keuangan
                                            (1.357.714.336)    (900.937.342)     (456.776.994)             50,70
 Payment of Finance Cost

 Arus Kas Bersih yang Diperoleh dari
 (Digunakan untuk) Aktivitas Operasi
                                            4.718.034.952       5.161.260.697    (443.225.745)            (8,59)
 Net Cash Flows Obtained from (Used
 in) Operating Activities

 Arus Kas dari Aktivitas Investasi
 Cash Flows from Investment Activities

 Perolehan Aset Tetap
                                           (2.844.996.137)     (2.666.090.431)   (178.905.706)             6,71
 Acquisition of Fixed Assets

 Perolehan Hak Pengoperasian Aset
 Prasarana                                 (3.637.895.369)     (2.708.416.050)    (929.479.319)            34,32
 Acquisitions of Infrastructure Assets




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                           Annual and Sustainability Report
Page 211
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                            Kenaikan (Penurunan)
                                                                                             Increase (Decrease)
               Uraian
                                               2023                 2022
             Description
                                                                                        Nominal              Persentase
                                                                                        Nominal              Percentage

 Penambahan Aset tak berwujud
                                           (182.588.089)         (79.721.528)         (102.866.561)             129,03
 Addition of Intangible Assets

 Penempatan Uang Muka Setoran
 Modal
                                          (2.728.053.311)       (791.878.657)        (1.936.174.654)            244,50
 Placement of Capital Deposit
 Advances

 Penempatan Investasi pada Entitas
 Asosiasi dan Ventura Bersama
                                           (22.050.000)          (4.900.000)           (17.150.000)             350,00
 Investment Placement in Associates
 and Joint Ventures

 Penerimaan Bunga Pinjaman dari
 Entitas Asosiasi dan Ventura
 Bersama
                                                  -              791.878.657          (791.878.657)                -
 Receipt of Loan Interest from
 Associated Entities and Joint
 Ventures

 Penerimaan Dividen dari Entitas
 Asosiasi dan Ventura Bersama
                                            19.807.329             688.262              19.119.067             2.777,88
 Dividend Receipt from Associates
 and Joint Ventures

 Penempatan Dana Dibatasi
 Penggunaannya                             (101.878.255)        (2.860.752.138)       2.758.873.883            (96,44)
 Placement of Restricted Fund

 Penarikan Dana Dibatasi
 Penggunaannya                            4.024.574.246                -              4.024.574.246                -
 Withdrawal of Restricted Fund

 Arus Kas Bersih yang Digunakan
 untuk Aktivitas Investasi
                                          (6.340.840.442)       (8.319.191.885)       1.978.351.443             (23,78)
 Net Cash Used in Investment
 Activities

 Arus Kas dari Aktivitas Pendanaan
 Cash Flows from Investment Activities

 Penerimaan Pinjaman Bank Jangka
 Pendek
                                           5.636.300.935        13.706.510.355       (8.070.209.420)           (58,88)
 Short Term Proceeds From Bank
 Loan

 Penerimaan Pinjaman Bank
 Long Term Proceeds From Bank             3.200.303.452         2.654.659.751          545.643.701              20,55
 Loan

 Pembayaran Pinjaman Bank Jangka
 Pendek                                   (6.007.777.797)      (14.606.472.528)       8.598.694.731             (58,87)
 Short Term Payment of Bank Loans

 Pembayaran Pinjaman Bank Jangka
 Panjang                                   (1.236.391.211)      (941.505.589)         (294.885.622)              31,32
 Long Term Payment of Bank Loan

 Pembayaran Liabilitas Sewa
                                           (31.554.208)          (37.190.355)           5.636.147               (15,15)
 Payment of Lease Liabilities

 Pembayaran Pinjaman Program PEN          (437.500.000)                -              (437.500.000)                -

 Penerimaan Obligasi
                                                  -             1.500.000.000        (1.500.000.000)           (100,00)
 Bonds Proceeds




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                                Analisis dan Pembahasan Management
                                Management Discussion and Analysis




                                                                                       Kenaikan (Penurunan)
                                                                                        Increase (Decrease)
               Uraian
                                               2023                  2022
             Description
                                                                                   Nominal            Persentase
                                                                                   Nominal            Percentage

 Penerimaan Sukuk
                                                  -           1.500.000.000     (1.500.000.000)        (100,00)
 Sukuk Proceeds

 Pembayaran Obligasi
                                                  -            500.000.000      (500.000.000)          (100,00)
 Bonds Payment

 Pembayaran Biaya Emisi Obligasi
                                                  -             (5.041.083)     1.000.000.000          (100,00)
 Payment of Bond Issuance Fees

 Pembayaran Biaya Emisi Sukuk
                                                  -            791.878.657       (791.878.657)             -
 Payment of Sukuk Issuance Fees

 Penerimaan Penyertaan Modal
 Negara
                                            19.807.329           688.262          19.119.067           2.777,88
 Proceeds of State Equity
 Participation

 Penerimaan Pinjaman Kepentingan
 Non Pengendali
                                           (101.878.255)      (2.860.752.138)   2.758.873.883           (96,44)
 Proceeds of Non-controlling Interest
 Loans

 Tambahan Setoran Modal
 Kepentingan Non Pengendali
                                           4.024.574.246              -         4.024.574.246              -
 Capital Addition of Non-Controlling
 Interest

 Pembayaran Dividen Entitas Anak
                                          (6.340.840.442)     (8.319.191.885)    1.978.351.443          (23,78)
 Payments of Subsidiary Dividend

 Arus Kas Bersih yang Diperoleh dari
 Aktivitas Pendanaan
                                           5.636.300.935      13.706.510.355    (8.070.209.420)         (58,88)
 Net Cash Provided from Financing
 Activities

 Penurunan (Kenaikan) Bersih Kas
 dan Setara Kas
                                           3.200.303.452      2.654.659.751      545.643.701             20,55
 Decrease (Increase) Cash and Cash
 Equivalents

 Kas dan Setara Kas Awal Tahun
 Cash and Cash Equivalents at the         (6.007.777.797)    (14.606.472.528)    8.598.694.731          (58,87)
 Beginning of the Year

 Selisih Kurs Kas dan Setara Kas
 Foreign Exchange Rate Cash and            (1.236.391.211)    (941.505.589)     (294.885.622)            31,32
 Cash Equivalents

 Kas dan Setara Kas Akhir Tahun
 Cash and Cash Equivalents at the           (31.554.208)       (37.190.355)        5.636.147            (15,15)
 End of Year

 Rekonsiliasi Jumlah Kas dan Setara Kas
 Reconciliation of Total Cash and Cash Equivalent

 Jumlah yang Dilaporkan pada
 Laporan Arus Kas
                                           5.138.571.482       5.695.720.193     (557.148.711)          (9,78)
 Amounts Reported on the
 Statement of Cash Flows

 Cadangan Kerugian Penurunan Nilai
 Kas dan Setara Kas
                                                  -                   -                -                   -
 Allowance for Impairment Losses on
 Cash and Cash Equivalents

 Jumlah yang Dilaporkan pada
 Laporan Posisi Keuangan
                                           5.138.571.482       5.695.720.193     (557.148.711)          (9,78)
 Amount as Reported in Statement of
 Financial Position




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                          Annual and Sustainability Report
Page 213
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Arus Kas dari Aktivitas Operasi                                 Cash Flow from Operating Activities
Aktivitas operasi Perseroan tahun 2023 menghasilkan             The Company's operating activities in 2023 will generate
arus kas bersih sebesar Rp4,72 triliun, menurun 8,59%           net cash flow of Rp4.72 trillion, a decrease of 8.59%
dibandingkan tahun 2022 sejumlah Rp5,16 triliun.                compared to 2022 of Rp5.16 trillion. This decrease was
Penurunan tersebut terutama disebabkan oleh turunnya            mainly due to a significant decrease in cash receipts from
penerimaan kas dari restitusi pajak secara signifikan.          tax refunds.


Arus Kas dari Aktivitas Investasi                               Cash Flows from Investing Activities
Arus kas bersih Perseroan yang digunakan untuk aktivitas        The Company's net cash flow used for investment
investasi pada tahun 2023 mencapai Rp6,34 triliun, turun        activities in 2023 reached Rp6.34 trillion, down 23.78%
23,78% dibandingkan tahun 2022 sebesar Rp8,31 triliun.          compared to 2022 of Rp8.31 trillion. This is mainly due to
Hal tersebut terutama disebabkan telah beroperasinya            the operation of the Jabodebek LRT and KCJB so that
LRT Jabodebek dan KCJB sehingga dana PNM untuk                  PNM funds for these two projects will decrease
kedua proyek tersebut turun secara signifikan pada tahun        significantly in 2023.
2023.


Arus Kas dari Aktivitas Pendanaan                               Cash Flow from Financing Activities
Arus kas bersih Perseroan yang diperoleh dari aktivitas         The Company's net cash flow obtained from financing
pendanaan untuk tahun 2023 adalah sejumlah Rp1,12               activities for 2023 was Rp1.12 trillion, a decrease of 77.55%
triliun, menurun 77,55% dibandingkan dengan tahun               compared to 2022 which reached Rp5.00 trillion. This was
2022 yang mencapai Rp5,00 triliun. Hal ini disebabkan           due to a decrease in short-term bank loan receipts.
turunnya penerimaan pinjaman jangka pendek bank.




KEMAMPUAN MEMBAYAR UTANG DAN
KOLEKTIBILITAS PIUTANG
ABILITY TO PAY DEBT AND COLLECTIBILITY OF RECEIVABLES

KEMAMPUAN MEMBAYAR UTANG                                        ABILITY TO PAY DEBT
Kemampuan membayar utang dapat dilihat melalui                  The ability to pay debts can be seen through the
rasio likuiditas dan rasio solvabilitas. Rasio likuiditas       liquidity ratio and solvency ratio. The liquidity ratio
menunjukkan kemampuan KAI dalam memenuhi                        shows KAI's ability to meet short-term liabilities, which
liabilitas jangka pendek antara lain dapat diukur               can be measured, among other things, through the
melalui rasio kas dan rasio lancar. Rasio kas dihitung          cash ratio and current ratio. The cash ratio is calculated
dengan cara membandingkan kas yang dimiliki                     by comparing cash held with the amount of short-term
dengan jumlah liabilitas jangka pendek, sedangkan               liabilities, while the current ratio is calculated by
rasio lancar dihitung dengan cara membandingkan                 comparing the amount of current assets with the
jumlah aset lancar dengan jumlah liabilitas jangka              amount of short-term liabilities.
pendek

Kemampuan Membayar Utang Jangka Pendek                          Ability to Pay Short Term Debt (Liquidity)
(Likuiditas)
Tingkat kemampuan KAI dalam memenuhi kewajiban                  The level of KAI's ability to fulfill short-term obligations
jangka pendek dapat diukur dari tingkat likuiditas yang         can be measured from the level of liquidity it has. The
dimiliki. Indikator yang digunakan untuk mengukur               indicator used to measure the level of liquidity is the
tingkat     likuiditas adalah   rasio   lancar       yang       current ratio which compares current assets with current
membandingkan antara aset lancar dengan liabilitas lancar.      liabilities.


                                                                                                     Pertumbuhan 2022-
                     Uraian
                                                         2023                      2022                     2023
                   Description
                                                                                                     Growth in 2022-2023


  Rasio kas Cash ratio                                  28,67                     (49,88)                 91.880.824


  Rasio lancar Current ratio                            72,67                     (52,82)                 204.518.687




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                               Analisis dan Pembahasan Management
                               Management Discussion and Analysis




Rasio kas Perseroan pada 2023 adalah sebesar 28,67 atau        The Company's cash ratio in 2023 will be 28.67 or a
turun 49,88% dibandingkan dengan tahun 2022 sebesar            decrease of 49.88% compared to 2022 of 57.20. This is
57,20. Hal tersebut antara lain disebabkan turunnya            partly due to the decline in tax refund receipts from the
penerimaan restitusi pajak dari pemerintah.                    government.

Rasio lancar Perseroan juga mengalami penurunan, yaitu         The Company's current ratio also decreased, namely by
sebesar 52,82% dari 154,02 pada tahun 2022 menjadi 72,67       52.82% from 154.02 in 2022 to 72.67 in 2023. This was partly
pada tahun 2023. Hal tersebut salah satunya disebabkan         due to the operation of KCJB so that capital receipts for
oleh telah beroperasinya KCJB sehingga penerimaan              the project decreased. In order to manage liquidity risk,
modal untuk proyek tersebut menurun. Dalam rangka              the Company strives to maintain sufficient cash and cash
mengelola risiko likuiditas, Perseroan berupaya untuk          equivalents as well as monitor cash flow forecasts and
menjaga kecukupan kas dan setara kas serta memonitor           actual cash flows as well as adjust the maturity profile
perkiraan arus kas dan arus kas aktual serta menyesuaikan      of financial assets and liabilities.
profil jatuh tempo dari aset dan liabilitas keuangan.


Kemampuan Membayar Utang Jangka Panjang                        Ability to Pay Long Term Debt (Solvency)
(Solvabilitas)
Rasio solvabilitas adalah rasio yang menunjukkan               The solvency ratio is a ratio that shows the Company's
kemampuan Perseroan dalam membayar kewajiban-                  ability to pay its long-term obligations.
kewajiban jangka panjangnya.

Kemampuan Membayar Utang Jangka Panjang                        Ability to Pay Long Term Debt

                                                                                                    Pertumbuhan 2022-
                   Uraian
                                                       2023                       2022                     2023
                 Description
                                                                                                    Growth in 2022-2023

 Return on Equity (ROE)                                11,82                      11,92                    (0,84)

 Return on Investment (ROI)                             7,58                      7,64                     (0,79)

 Return on Asset (ROA)                                  2,30                      2,49                     (7,63)


Secara keseluruhan, kemampuan KAI membayar utang               Overall, KAI's ability to pay long-term debt is still good,
jangka panjang masih baik, ditandai dari rasio                 as indicated by the solvency ratio which has decreased
solvabilitas yang sedikit menurun dibandingkan dengan          slightly compared to last year. The Company's ROE was
tahun lalu. ROE Perseroan adalah sebesar 11,82, turun          11.82, down 0.82% compared to 2022 of 11.92%. The
0,82% dibandingkan dengan tahun 2022 sebesar 11,92%.           Company's ROI in 2023 is 7.58, down 0.79% compared to
Adapun ROI Perseroan tahun 2023 sebesar 7,58, turun            2022 of 7.64. Meanwhile, the Company's ROA in 2023 will
0,79% dibandingkan dengan tahun 2022 sebesar 7,64.             reach 2.30, down 7.63% compared to 2022 of 2.49. This
Sedangkan ROA Perseroan pada 2023 mencapai 2,30,               was caused by the increase in the Company's performance
turun 7,63% dibandingkan dengan tahun 2022 sebesar             so that the Company's profit after tax increased.
2,49. Hal tersebut disebabkan oleh meningkatnya kinerja
Perseroan sehingga laba setelah pajak Perseroan
meningkat.


Kemampuan Membayar Utang dari Efek-Efek yang                   Ability to Pay Debt from Securities Issued
Diterbitkan
Kualitas efek sangat ditentukan oleh kemampuan                 The quality of securities is largely determined by the
perusahaan penerbit efek dalam membayar efek nya pada          ability of the securities issuing company to pay its
saat jatuh tempo dan kemampuannya membayar bunga               securities at maturity and its ability to pay interest or
atau kupon selama jangka waktu penerbitan efek                 coupons during the period during which the securities
tersebut. Salah satu indikator yang dapat digunakan            are issued. One indicator that can be used to determine
untuk menentukan kualitas Perusahaan adalah hasil              the quality of a company is the ranking results
peringkat yang ditentukan oleh Lembaga Pemeringkat             determined by an Independent Rating Agency.
Independen.




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Page 215
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                        Uraian                                                    Rating            Rating
                                      Description                                                Rank 2023         Rank 2022

  Indonesian Railways Bond I 2017 Series A
                                                                                                  idAAA              idAA+
  Bond I Indonesian Railways 2017 Series A

  Indonesian Railways Bond I 2017 Series B
                                                                                                  idAAA              idAA+
  Bond I Indonesian Railways 2017 Series B

  Indonesian Railways Bond II 2019 Series A
                                                                                                  idAAA              idAA+
  Bond II Indonesian Railways 2019 Series A

  Indonesian Railways Bond II 2019 Series B
                                                                                                  idAAA              idAA+
  Bond II Indonesian Railways 2019 Series B

  Indonesian Railways Sustainable Bonds I Phase I 2022 Series A
                                                                                                  idAAA              idAA+
  Kereta Api Indonesia Sustainable Bonds I Phase I 2022 Series A

  Indonesian Railways Sustainable Bonds I Phase I 2022 Series B
                                                                                                  idAAA              idAA+
  Kereta Api Indonesia Sustainable Bonds I Phase I 2022 Series B

  Kereta Api Indonesia Sustainable Sukuk Ijarah I Phase I 2022 Series A
                                                                                                 idAAA(sy)          idAA+(sy)
  Kereta Api Indonesia Sustainable Sukuk Ijarah I Phase I 2022 Series A

  Kereta Api Indonesia Sustainable Sukuk Ijarah I Phase I 2022 Series B
                                                                                                 idAAA(sy)          idAA+(sy)
  Kereta Api Indonesia Sustainable Sukuk Ijarah I Phase I 2022 Series B


Kolektibilitas Piutang                                               Collectibility of Receivables
Pengelolaan piutang Perseroan merupakan salah satu                   Management of the Company's receivables is an important
faktor penting dalam menjaga modal kerja pada tingkat                factor in maintaining working capital at a safe level.
yang aman. Collection period mengukur waktu yang                     Collection period measures the time it takes the Company
dibutuhkan Perseroan untuk menerima pembayaran atas                  to receive payment for bills from a business, so that it
tagihan dari suatu usaha, sehingga semakin rendah                    gets lower collection period, then the better. The highest
collection period, maka semakin baik. Skor tertinggi                 score is reserved for performance with collection period
diperuntukkan untuk kinerja dengan collection period                 equal to or less than 60 days. In 2023, collection period
sama atau kurang dari 60 hari. Tahun 2023, collection                The company reached 24.58 days, an increase compared
period Perseroan mencapai 24,58 hari, meningkat                      to 2022 which reached 22.30 days. This was caused by a
dibandingkan tahun 2022 yang mencapai 22,30 hari. Hal                decrease in receipt of receivable payments from
tersebut disebabkan oleh menurunnya penerimaan                       customers. Even though there has been a slight increase,
pembayaran piutang dari pelanggan. Meskipun                          Management believes that the Company's collectibility
mengalami sedikit peningkatan, Manajemen berpendapat                 level will still be considered good in 2023.
tingkat kolektibilitas Perseroan masih tergolong baik
pada tahun 2023.


                                                                                      Pertumbuhan             Pertumbuhan
                                                                                       (Penurunan)             (Penurunan)
                  Uraian
                                                  2023                2022              2022-2023               2022-2023
                Description
                                                                                   Growth in 2022-2023        Growth in 2022-
                                                                                         (Nominal)           2023 (Persentase)

 Berdasarkan umur By age

 0 – 30 hari 0 – 30 days                      1.653.982.587     1.190.788.301          463.194.286                  38,90

 31 – 90 hari 31 – 90 days                     176.516.181         113.776.059          62.740.122                  55,14

 91 – 360 hari 91 – 360 days                   87.135.226        103.240.557            (16.105.331)               (15,60)

 > 360 hari >360 days                          236.517.572       264.576.910           (28.059.338)                (10,61)

 Jumlah Total                                 2.154.151.566     1.672.381.827          481.769.739)                 28,81

 Dikurangi Less                                     -                   -                    -                        -

 Cadangan Kerugian Penurunan Nilai
                                              (284.556.791)     -266.043.760            (18.513.031)                6,96
 Allowance for Impairment Losses

 Neto Net                                     1.869.594.775     1.406.338.067          463.256.708                  32,94




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                                                                         Annual and Sustainability Report
Page 216
                              Analisis dan Pembahasan Management
                              Management Discussion and Analysis




STRUKTUR MODAL                                                   CAPITAL STRUCTURE
Perincian Struktur Modal                                         Capital Structure Details
Struktur modal adalah perbandingan antara modal asing            Capital structure is the comparison between foreign
atau utang jangka panjang (long-term liabilities) dan            capital or long-term debt (long-term liabilities) and own
modal sendiri. Struktur modal KAI terdiri dari pinjaman,         capital. KAI's capital structure consists of loans, which
yang meliputi pinjaman jangka pendek, pinjaman jangka            include short-term loans, long-term loans that mature
panjang yang jatuh tempo dalam satu tahun, utang                 within one year, bonds payable that mature within one
obligasi yang jatuh tempo dalam satu tahun, pinjaman             year, National Economic Recovery Program (PEN) loans,
Program Pemulihan Ekonomi Nasional (PEN), pinjaman               long-term loans, and bonds payable. The following are
jangka panjang, dan utang obligasi. Berikut ini rincian          details of KAI's capital structure in 2023 and a comparison
struktur   modal     KAI  pada     tahun    2023     dan         with 2022
perbandingannya dengan tahun 2022.


                                                                        Pertumbuhan 2022-
                                                                                                       Growth 2021-2022
            Uraian                                                             2023
                                    2023            2022                                              Growth in 2021-2022
          Description                                                   Growth in 2022-2023
                                                                                                         (Percentage)
                                                                             (Nominal)


 Pinjaman Liabilities


 Pinjaman Jangka Pendek
                                1.388.523.138   1.760.000.000               (371.476.862)                   (21,11%)
 Current Liabilities

 Liabilitas Jangka Panjang yang Jatuh Tempo dalam Satu Tahun
 Non-Current Liabilities with Maturity within One Year

 Pinjaman Jangka Panjang
                                1.294.613.508    1.196.958.601               97.654.907                      8,16%
 Non-Current Liabilities

 Pinjaman Program PEN
                                437.500.000      437.500.000                     0                           0,00%
 PEN Program Loans

 Utang Obligasi
                               1.898.852.925           -                          -                            -
 Bonds Payable

 Liabilitas Jangka Panjang yang Jatuh Tempo dalam Satu Tahun
 Non-Current Liabilities with Maturity within One Year

 Pinjaman Jangka Panjang
                               20.142.027.462   18.282.631.817             1.859.395.645                     10,17%
 Non-Current Liabilities

 Pinjaman Program PEN
                               2.625.000.000    3.062.500.000              (437.500.000)                    (14,29%)
 PEN Program Loans

 Utang Obligasi
                               2.594.469.619    4.490.760.381              (1.896.290.762)                  (42,23%)
 Bonds Payable

 Sukujk                         498.586.194      498.307.111                  279.083                        0,06%

 Jumlah Liabilitas
                               30.879.572.846   29.728.657.910              1.150.914.936                    3,87%
 Total Liabilities

 Jumlah Ekuitas
                               30.906.137.241   29.008.184.305              1.897.952.936                    6,54%
 Total Equity

 Rasio Pinjaman terhadap
 Ekuitas                           99,91%          102,23%                     (0,02)                       (2,27%)
 Loan to Equity Ratio




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Kebijakan Manajemen atas Struktur Modal                       Management Policy on Capital Structure
Dalam mengelola permodalannya, Perseroan senantiasa           In managing its capital, the Company always maintains
mempertahankan       kelangsungan      usaha     serta        business continuity and maximizes benefits for
memaksimalkan manfaat bagi pemegang saham dan                 shareholders and other stakeholders. The Company also
pemangku kepentingan lainnya. Perseroan juga berupaya         strives to provide adequate returns to shareholders by
memberikan imbal hasil yang memadai kepada pemegang           determining product and service prices commensurate
saham dengan menentukan harga produk dan jasa yang            with the level of risk. The Company actively and routinely
sepadan dengan tingkat risiko. Perusahaan secara aktif        reviews and manages its capital to ensure capital
dan rutin menelaah dan mengelola permodalannya untuk          structure and optimal returns for shareholders by
memastikan struktur modal dan pengembalian yang               considering the efficiency of capital use based on
optimal     bagi    pemegang       saham      dengan          operating cash flow and capital expenditure, as well as
mempertimbangkan efisiensi penggunaan modal                   considering future capital needs.
berdasarkan arus kas operasi dan belanja modal, serta
mempertimbangkan kebutuhan modal di masa yang akan
datang.

Manajemen menilai bahwa struktur modal Perseroan di           Management assesses that the Company's capital structure
tahun 2022 semakin baik dengan menurunnya Rasio               in 2022 will improve with a decrease in the Loans to
Pinjaman terhadap Ekuitas, mengacu pada Peraturan             Equity Ratio, referring to the Regulation of the Minister
Menteri Keuangan Republik Indonesia No. 169 Tahun 2015        of Finance of the Republic of Indonesia No. 169 of 2015
Pasal 2 Ayat 1 yang menyebutkan perbandingan antara           Article 2 Paragraph 1 which states that the ratio between
utang dan modal ditetapkan paling tinggi sebesar 4:1          debt and capital is set at a maximum of 4:1 or a maximum
atau maksimal 400%.                                           of 400%.

Dasar Pemilihan Kebijakan Manajemen atas Struktur             Basis for Selection of Management Policy on Capital
Modal                                                         Structure
Perseroan menetapkan sejumlah rasio modal sesuai              The Company determines a number of capital ratios in
proporsi terhadap risiko. Perseroan mengelola struktur        proportion to risk. The Company manages its capital
modal dan membuat penyesuaian dengan memperhatikan            structure and makes adjustments by taking into account
perubahan kondisi ekonomi, kebutuhan modal masa               changes in economic conditions, future capital needs,
depan, profitabilitas baik masa sekarang maupun yang          current and future profitability, estimated operating cash
akan datang, perkiraan arus kas operasi, estimasi belanja     flows, estimated capital expenditures, projected strategic
modal, proyeksi peluang investasi yang strategis, dan         investment opportunities, and underlying asset risk
karakteristik risiko aset yang mendasari. Selain itu,         characteristics. Apart from that, Management's policy on
kebijakan Manajemen atas struktur modal juga                  capital structure is also based on Article 18 paragraph 1
didasarkan pada Pasal 18 ayat 1 Undang-Undang Republik        of Law of the Republic of Indonesia Number 36 of 2008
Indonesia Nomor 36 Tahun 2008 tentang Perubahan               concerning the Fourth Amendment to Law Number 7 of
Keempat Atas Undang-Undang Nomor 7 Tahun 1983                 1983 concerning Income Tax, which states that the
tentang Pajak Penghasilan, yang menyebutkan bahwa             Minister of Finance has the authority to issue decisions
Menteri Keuangan berwenang untuk mengeluarkan                 regarding the amount a comparison between the
keputusan tentang besarnya perbandingan antara utang          company's debt and capital that can be justified for the
dan modal perusahaan yang dapat dibenarkan untuk              purposes of calculating Income Tax. The basis for
keperluan penghitungan Pajak Penghasilan. Adapun              calculating the ratio between debt and company capital
dasar perhitungan besarnya perbandingan antara utang          refers to the Regulation of the Minister of Finance of the
dan modal perusahaan mengacu pada Peraturan Menteri           Republic of Indonesia No. 169 of 2015 concerning
Keuangan Republik Indonesia No. 169 Tahun 2015 tentang        Determining the Comparison Between Debt and Company
Penentuan Besarnya Perbandingan Antara Utang Dan              Capital for the Purposes of Calculating Income Tax.
Modal Perusahaan Untuk Keperluan Penghitungan Pajak
Penghasilan.




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Page 218
                                    Analisis dan Pembahasan Management
                                    Management Discussion and Analysis




IKATAN MATERIAL ATAS INVESTASI BARANG MODAL
MATERIAL COMMITMENT TO INVESTMENT IN CAPITAL GOODS
Kebutuhan investasi Perseroan baik di bidang sarana,              The Company's investment needs, both in the areas of
prasarana, maupun fasilitas, dipenuhi dengan menjalin             Rolling Stock, infrastructure and facilities, are met by
kerja sama dengan sejumlah pihak untuk mencapai                   collaborating with a number of parties to achieve the
sasaran kinerja yang telah ditetapkan. Investasi                  performance targets that have been set. Investment is
dititikberatkan untuk pengembangan bisnis yang telah              focused on developing existing businesses, especially in
berjalan terutama pada angkutan barang baik di Jawa               freight transportation in both Java and Sumatra, as well
maupun Sumatra, serta pembaruan kereta-kereta                     as updating passenger trains. Material ties include
penumpang. Ikatan material termasuk perjanjian-                   agreements for the procurement of Rolling Stock,
perjanjian pengadaan sarana, prasarana dan fasilitas              infrastructure and facilities entered into by the
yang dilakukan Perseroan dan entitas anak.                        Company and its subsidiaries.

Nama Pihak yang Melakukan Ikatan                                  The Name of Commitment Executor

              Uraian                            Jenis                                  Bentuk Kerja Sama
            Description                         Type                                      Cooperation

                                                                           Pengadaan pembelian sarana perkeretaapian
 PT Industri Kereta Api (Persero)            BUMN / SOE
                                                                         Procurement of purchases of railway Rolling Stock

                                                                         Perjanjian untuk prasarana LRT Jabodebek
 PT Adhi Karya Tbk                           BUMN / SOE
                                                                     Procurement of purchases of railway infrastructure

                                                                             Pengadaan pembelian Lokomotif CC205
 Progress Rail Locomotive Inc               Private Private
                                                                          Procurement of purchase of CC205 Locomotive.


Sumber Dana dan Mata Uang yang Menjadi Denominasi                 Source of Funds and Denominated Currency
Sumber dana yang digunakan untuk memenuhi ikatan                  The sources of funds used to fulfill the material
material di bawah ini berasal dari sumber internal maupun         commitments below come from internal and external
eksternal KAI. Sedangkan mata uang yang menjadi                   sources from KAI. Meanwhile, the denominated currency
denominasi adalah Rupiah.                                         is Rupiah.

Langkah yang Direncanakan untuk Melindungi Risiko                 Planned Steps to Hedge Risk from Foreign Currency
dari Posisi Mata Uang Asing                                       Positions
Perseroan menanggung risiko nilai tukar mata uang asing           The Company bears foreign currency exchange rate risk
atas transaksi dan saldo yang didenominasi dalam mata             for transactions and balances denominated in currencies
uang selain Rupiah. Mata uang yang menimbulkan risiko             other than Rupiah. The currency that poses this risk is
ini adalah terutama Dolar AS. Risiko nilai tukar mata             primarily the US Dollar. Foreign exchange rate risk is
uang asing dikelola sebaik mungkin dengan lindung nilai           managed as best as possible with natural hedging, namely
alami, yaitu dengan menyeimbangkan nilai kekayaan dan             by balancing the value of assets and liabilities in each
kewajiban     masing-masing      mata     uang.     Untuk         currency. To anticipate and reduce the risk of exchange
mengantisipasi dan mengurangi risiko fluktuasi kurs               rate fluctuations against the US Dollar, the Company
terhadap Dolar AS, Perseroan mengupayakan sebagian                strives for most purchases and sales to be made in the
besar pembelian dan penjualan dilakukan dalam mata                same currency and carried out at almost the same time.
uang yang sama serta dilakukan pada saat yang hampir              The Company also implements a debt policy that is used
bersamaan. Perseroan juga mengimplementasikan                     to finance business activities, by conducting transactions
kebijakan utang yang digunakan untuk membiayai                    in the same currency (natural hedge). Management also
kegiatan usaha, dengan melakukan transaksi dalam mata             monitors to ensure that the policy is implemented as
uang yang sama (lindung nilai alami). Manajemen juga              fully as possible. In addition, KAI closely monitors
memantau untuk memastikan bahwa kebijakan tersebut                fluctuations in foreign currency exchange rates, so that
diimplementasikan semaksimal mungkin. Selain itu, KAI             it can take steps that are most beneficial to the Company
memantau secara ketat atas fluktuasi dari nilai tukar mata        at the right time.
uang asing, sehingga dapat mengambil langkah-langkah
yang paling menguntungkan Perseroan pada waktu yang
tepat.




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                            Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




INVESTASI BARANG MODAL
CAPITAL EXPENDITURE INVESTMENT
Investasi barang    modal  (capital  expenditure)                      Capital goods investment (capital expenditure) is the
merupakan   aktivitas  pengeluaran   dana   yang                       activity of spending funds used to purchase a number
digunakan untuk membeli sejumlah aset tetap atau                       of fixed assets or to increase the value of fixed assets
untuk menambah nilai aset tetap yang diharapkan                        which are expected to provide beneficial value in the
dapat memberikan nilai manfaat di masa yang akan                       future.
datang.



                                              Nilai Investasi                                     Perubahan
        Capital Goods                       Investment Value                                       Changes
    Types of Capital Goods
                                      2023                 2022                    Nominal                    Percentage


  Sarana Rolling Stock


  Locomotive Locomotive                 -              1.760.000.000              (371.476.862)                 (21,11%)


  Cars Trains                   1.021.902.779          1.196.958.601               97.654.907                    8,16%

  Carriage Wagon                        -               437.500.000                    0                        0,00%

  Prasarana Infrastructure

  Tanah Land                        35.682.701                  -                       -                          -

  Bangunan Building             268.615.872              32.951.717               235.664.155                   715,18%

  Prasarana dan Instalasi
  Infrastructure and            142.102.140              17.016.806               125.085.334                  735,07%
  Installation

  Fasilitas Facilities

  Mesin dan Peralatan
                                510.299.590             373.285.448                137.014.142                  36,70%
  Machinery and Equipment

  Kendaraan
                                    7.220.030            4.903.269                  2.316.761                   47,25%
  Vehicle

  Inventaris
                                    2.275.354            6.677.713                (4.402.359)                  (65,93%)
  Inventory

  Aset Tetap dalam
  Pembangunan
                               1.474.228.828           1.000.846.786              473.382.042                   47,30%
  Fixed Assets in
  Construction

  Jumlah
                               3.462.327.294           2.810.244.158              652.083.136                   23,20%
  Total




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                           Analisis dan Pembahasan Management
                           Management Discussion and Analysis




INFORMASI KEUANGAN YANG TELAH DILAPORKAN
YANG MENGANDUNG KEJADIAN YANG SIFATNYA
LUAR BIASA DAN JARANG TERJADI
FINANCIAL INFORMATION THAT HAS BEEN REPORTED THAT CONTAINS EVENTS
THAT ARE EXTRAORDINARY AND RARELY OCCUR
Selama periode pelaporan tahun 2023, Perseroan tidak     During the 2023 reporting period, the Company has no
memiliki informasi keuangan yang telah dilaporkan        reported    financial   information    that contains
yang mengandung kejadian yang sifatnya luar biasa        extraordinary and rare events.
dan jarang terjadi.




KOMPONEN-KOMPONEN SUBSTANSI
DARI PENDAPATAN DAN BEBAN LAINNYA
SUBSTANCE COMPONENTS OF OTHER INCOME AND EXPENSES
Selama periode pelaporan tahun 2023, tidak terdapat      During the 2023 reporting period, there are no
komponen-komponen dari pendapatan dan beban              components of other income and expenses whose
lainnya yang nilainya sama atau lebih 20% dari total     value is equal to or more than 20% of the total value of
nilai pendapatan dan beban lainnya.                      other income and expenses.



DAMPAK PERUBAHAN HARGA TERHADAP PENJUALAN
ATAU PENDAPATAN BERSIH PERSEROAN
IMPACT OF PRICE CHANGES ON SALES OR NET INCOME OF THE COMPANY
Selama periode pelaporan tahun 2023, Perseroan tidak     During the 2023 reporting period, the Company did not
mengalami    dampak    yang    signifikan  terhadap      experience a significant impact on changes in sales
perubahan harga penjualan atau pendapatan bersih.        prices or net income.



PENINGKATAN/PENURUNAN MATERIAL DARI
PENJUALAN/PENDAPATAN BERSIH
MATERIAL INCREASE/DECREASE OF SALES/NET REVENUE
Selama periode pelaporan tahun 2023, tidak terdapat      During the 2023 reporting period, there was no material
peningkatan/ penurunan material dari penjualan/          increase/decrease in sales/net income.
pendapatan bersih.




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220                                                                              PT Kereta Api Indonesia (Persero)
                      Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




INFORMASI DAN FAKTA MATERIAL SETELAH
TANGGAL LAPORAN AKUNTAN
MATERIAL INFORMATION AND FACTS AFTER THE DATE OF THE ACCOUNTANT’S
Terdapat informasi dan fakta material yang terjadi            There is material information and facts that occurred
setelah tanggal laporan akuntan, dengan perincian             after the date of the accountant's report, with the
sebagai berikut:                                              following details:

    1. Berdasarkan keputusan Dewan Komisaris PT Kereta            1. Based on the decision of the Board of
       Api Indonesia (Persero) Nomor: 02/CH/DEKOM/I/                 Commissioners of PT Kereta Api Indonesia (Persero)
       2024 tanggal 17 Januari tentang Pemberhentian                 No: 02/CH/DEKOM/I/2024 dated January 17 th,
       dan Pengangkatan Anggota Komite Audit PT                      regarding the Dismissal and Appointment of
       Kereta Api Indonesia (Persero) menjelaskan                    Members of the Audit Committee of PT Kereta Api
       terdapat Pemberhentian sekaligus Pengangkatan                 Indonesia (Persero), it is explained that there was
       Penugasan Anggota Komite Audit atas nama                      a Dismissal as well as the Appointment of Members
       Ernesto dan Amalia Seyanti Lestari.                           of the Audit Committee named Ernesto and Amalia
                                                                     Seyanti Lestari.
    2. PT Kereta Api Indonesia (Persero) telah                    2. PT Kereta Api Indonesia (Persero) has signed a
       menandatangani Perjanjian Fasilitas denga China               Facility Agreement with China Development Bank
       Development Bank untuk pembiayaan Cost                        for the financing of the Cost Overrun of the
       Overrun Proyek Kereta Cepat Jakarta – Bandung                 Jakarta - Bandung High-Speed Rail Project (KCJB),
       (KCJB) yang pencairan pinjaman nya telah                      with the loan disbursement received by PT Kereta
       diterima PT Kereta Api Indonesia (Persero) pada               Api Indonesia (Persero) on February 7th, 2024, with
       tanggal 7 Februari 2024 dengan rincian sebagai                the following details:
       berikut:
           a. Fasilitas A: USD 230.995.000,00                             a. Facility A: USD 230,995,000.00
           b. Fasilitas    B:   RMB    Ekuivalen    USD                   b. Facility B: RMB Equivalent of USD
              217.080.000,00 (CNY 1.542.787.560,00 rate                      217,080,000.00 (CNY 1,542,787,560.00 at the
              1/7,107 tanggal 5 Februari 2024).                              rate of 1/7.107 on February 5 th, 2024).
       Pencairan tersebut langsung diteruskan ke PT Pilar            The disbursement was directly forwarded to PT
       Sinergi BUMN Indonesia (“PSBI”) pada tanggal 7               Pilar Sinergi SOE Indonesia ("PSBI") on February
       Februari 2024.                                               7 th, 2024.
    3. Berdasarkan Keputusan Menteri Badan Usaha Milik            3. Based on the Decision of the Minister of State-
       Negara Selaku Rapat Umum Pemegang Saham                       Owned Enterprises as the General Meeting of
       Nomor: SK-62/MBU/03/2024 tanggal 5 Maret 2024                 Shareholders No: SK-62/MBU/03/2024 dated March
       tentang Pemberhentian dan Pengangkatan                        5 th, 2024, concerning the Dismissal and
       Anggota-Anggota Direksi PT Kereta Api Indonesia               Appointment of Members of the Board of Directors
       (Persero) menjelaskan sebagai berikut:                        of PT Kereta Api Indonesia (Persero), the following
                                                                     is explained:
       Pemberhentian Penugasan                                       Dismissal from Assignment:
           a. Sdr. Suparno sebagai Direktur SDM dan                       a. Mr. Suparno as Managing Director of HR
              Umum;                                                          and General Affairs;
           b. Sdr. Sandry Pasambuna sebagai Direktur                      b. Mr. Sandry Pasambuna as Managing Director
              Keselamatan dan Keamanan.                                      of Safety and Security.
      Pengangkatan Penugasan                                         Appointment to Assignment:
           a. Sdri. Rosma Handayani sebagai Direktur                      a. Mrs. Rosma Handayani as Managing Director
              SDM dan Umum;                                                  of HR and General Affairs;
           b. Sdr. Dadan Rudiansyah sebagai Direktur                      b. Mr. Dadan Rudiansyah as Managing Director
              Keselamatan dan Keamanan.                                      of Safety and Security.
    4. Berdasarkan Keputusan Menteri Badan Usaha Milik            4. Based on the Decision of the Minister of State-
       Negara Selaku Rapat Umum Pemegang Saham                       Owned Enterprises as the General Meeting of
       Nomor: SK-61/MBU/03/2024 tanggal 5 Maret 2024                 Shareholders No: SK-61/MBU/03/2024 dated March
       tentang Pemberhentian dan Pengangkatan                        5 th, 2024, concerning the Dismissal and
       Anggota Dewan Komisaris PT Kereta Api Indonesia               Appointment of Members of the Board of
       (Persero)      menjelaskan      pemberhentian                 Commissioners of PT Kereta Api Indonesia
       penugasan Sdr. Riza Primadi sebagai Komisaris                 (Persero), it is explained that Mr. Riza Primadi was
       Independen dan Pengangkatan Penugasan Sdr.                    dismissed from his position as Independent
       Elen Setiadi sebagai Komisaris.                               Commissioner and Mr. Elen Setiadi was appointed
                                                                     as Commissioner.




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                           Analisis dan Pembahasan Management
                           Management Discussion and Analysis




  5. Berdasarkan Surat Keputusan Dewan komisaris                5. Based on the Board of Commissioners' Decree No.
     Nomor 07/CH/DEKOM/III/2024 tanggal 21 Maret                   07/CH/DEKOM/III/2024 dated March 21 st, 2024,
     2024 tentang Pemberhentian dan Pengangkatan                   regarding the Dismissal and Appointment of
     Anggota Komite Pemantau Manajemen Risiko PT                   Members of the Risk Management Monitoring
     Kereta Api Indonesia (Persero) sebagai berikut:               Committee of PT Kereta Api Indonesia (Persero),
                                                                   the following decisions were made:

         a. Memberhentikan dengan hormat Endang                        a. Endang Tirtana was honorably dismissed
            Tirtana sebagai anggota Komite Pemantau                        as a member of the Risk Management
            Manajemen Risiko; dan                                          Monitoring Committee; and
         b. Mengangkat Elen Setiadi sebagai sebagai                    b. Elen Setiadi was appointed as a member
            anggota Komite Pemantau Manajemen                              of the Risk Management Monitoring
            Risiko.                                                        Committee.
  6. Berdasarkan Keputusan Dewan Komisaris PT                   6. Based on the Board of Commissioners' Decree of
     Kereta Api Indonesia (Persero) Nomor: 06/CH/                  PT Kereta Api Indonesia (Persero) No: 06/CH/
     DEKOM/III/2024 tanggal 20 Maret 2024 tentang                  DEKOM/III/2024 dated March 20th, 2024, regarding
     Pemberhentian dan Pengangkatan Anggota                        the Dismissal and Appointment of Members of
     Komite Audit PT Kereta Api Indonesia (Persero)                the Audit Committee of PT Kereta Api Indonesia
     menjelaskan susunan Komite Audit sebagai berikut:             (Persero), the Audit Committee's composition is
                                                                   as follows:
         a. Rochadi/ Komisaris Independen – Ketua                      a. Mr. Suparno as Director of HR and General
            (Merangkap Anggota)                                            Affairs;
         b. Johan Sirait/ Komisaris Independen –                       b. Mr. Sandry Pasambuna as Director of Safety
            Anggota                                                        and Security.
         c. Endang Tirtana/ Komisaris Independen –                     c. Endang          Tirtana/        Independent
            Anggota                                                        Commissioner – Member
         d. Ernesto – Anggota                                          d. Ernesto – Member
         e. Amalia Setyanti Lestari – Anggota                          e. Amalia Setyanti Lestari – Member
  7. Berdasarkan Keputusan Dewan Komisaris PT                   7. Based on the Board of Commissioners' Decree of
     Kereta Api Indonesia (Persero) Nomor: 09/CH/                  PT Kereta Api Indonesia (Persero) No: 09/CH/
     DEKOM/V/2024 tanggal 6 Mei 2024 2024 tentang                  DEKOM/V/2024 dated May 6th, 2024, regarding the
     Pemberhentian dan Pengangkatan Anggota                        Dismissal and Appointment of Members of the
     Komite Pemantau Manajemen Risiko PT Kereta                    Risk Management Monitoring Committee of PT
     Api Indonesia (Persero) menjelaskan terdapat                  Kereta Api Indonesia (Persero), it is explained that
     Pemberhentian dan Pengangkatan Anggota                        there was a Dismissal and Appointment of
     Komite Pemantau Manajemen Risiko atas nama                    Members of the Risk Management Monitoring
     Sdri. Miranti Gani.                                           Committee involving Mrs. Miranti Gani.
  8. Berdasarkan Keputusan Dewan Komisaris PT                   8. Based on the Board of Commissioners' Decree of
     Kereta Api Indonesia (Persero) Nomor: 10/CH/                  PT Kereta Api Indonesia (Persero) No: 10/CH/
     DEKOM/VI/2024 tanggal 28 Juni 2024 2024 tentang               DEKOM/VI/2024 dated June 28 th, 2024, regarding
     Pengangkatan Anggota Komite Nominasi dan                      the Appointment of Members of the Nomination
     Remunerasi PT Kereta Api Indonesia (Persero)                  and Remuneration Committee of PT Kereta Api
     menjelaskan mengangkat Sdri. Satia Indrarini                  Indonesia (Persero), Mrs. Satia Indrarini was
     sebagai    Anggota    Komite     Nominasi   dan               appointed as a Member of the Nomination and
     Remunerasi PT Kereta Api Indonesia (Persero).                 Remuneration Committee of PT Kereta Api
                                                                   Indonesia (Persero).
  9. Pada tanggal 9 Juli tahun 2024 telah terbit Surat          9. On July 9 th, 2024, a letter from the Directorate
     Direktorat Jenderal Perkeretaapian Nomor:                     General of Railways No: KU.102/7/13/K2/DJKA/2024
     KU.102/7/13/K2/DJKA/2024 tentang Persetujuan                  was issued regarding the Approval of the
     atas Permohonan Keringanan PNBP TAC PT Kereta                 Application for PNBP TAC Relief of PT Kereta Api
     Api Indonesia (Persero) Tahun 2023. Berdasarkan               Indonesia (Persero) for 2023. Based on this letter,
     surat    tersebut,    Kementerian     Keuangan                the Ministry of Finance approved the obligation
     memberikan persetujuan kewajiban yang harus                   that the Company must pay, amounting to
     dibayarkan      oleh      Perusahaan      adalah              Rp639,092,118,822 (full amount), which consists of
     Rp639.092.118.822 (full amount) yang terdiri dari             the principal and fines for TAC 2023, and must be
     pokok dan denda TAC tahun 2023 serta wajib                    settled no later than one month after the issuance
     diselesaikan paling lambat 1 bulan sejak surat                of the relief approval letter. On July 16 th, 2024, the
     persetujuan keringanan terbit. Pada 16 Juli 2024,             Company settled all TAC obligations for 2023.
     Perusahaan telah melakukan pelunasan atas
     seluruh kewajiban TAC tahun 2023.




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                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KEBIJAKAN, PENGUMUMAN, DAN
PEMBAYARAN DIVIDEN
POLICIES, ANNOUNCEMENTS AND DIVIDEND PAYMENTS
Pada tahun 2023 tidak ada pembayaran dividen PT Kereta            In 2023, PT Kereta Api Indonesia (Persero) did not pay
Api Indonesia (Persero) kepada pemegang saham karena              dividends to shareholders. Based on the decision of the
berdasarkan keputusan RUPS atas Laporan Keuangan                  General Meeting of Shareholders (GMS) concerning the
Audited Tahun 2022 Perusahaan tidak diwajibkan                    audited financial statements for 2022, the company was
membayar dividen kepada Negara, sebagai gantinya                  not obligated to pay dividends to the state. Instead, the
Perusahaan diwajibkan untuk membentuk cadangan                    company was required to establish a sinking fund to
sinking fund untuk mendukung proyek strategis nasional            support the national strategic project of the Jakarta-
Kereta Cepat Jakarta Bandung. Pembentukan dana                    Bandung High-Speed Rail. The formation of this reserve
cadangan tersebut sudah dilakukan pada bulan                      fund was completed in December 2023 and was
Desember 2023 dan dicatat sebagai Dana Dibatasi                   recorded as Restricted Fund Usage in the financial
Penggunaannya pada Laporan Keuangan 31 Desember                   statements as of December 31 st, 2023.
2023.




PEMBAYARAN PAJAK [GRI 207-4]
TAX PAYMENT
Pemenuhan kewajiban perpajakan KAI tahun 2023                     The fulfillment of PT Kereta Api Indonesia's (KAI) tax
terealisasi sebesar Rp5.672.277.280, dengan rincian               obligations for 2023 was realized at Rp5,672,277,280, with
sebagai berikut:                                                  the following details:


Nilai Pembayaran Pajak                                            Tax Payment Value
(Dalam rupiah)                                                    (In rupiah)



                         Uraian                                     Tahun 2023                          Tahun 2022
                       Description                                   Year 2023                           Year 2023


  Perusahaan Corporate


  Pajak Pusat - Pajak Penghasilan
                                                                     861.048.687                        553.643.279
  Central Tax - Income Tax

  Pajak Pusat - Pajak Pertambahan Nilai
                                                                    2.604.328.921                      2.154.886.295
  Central Tax - Value-Added Tax

  Subjumlah
                                                                    3.465.377.608                      2.708.529.574
  Subtotal

  Pajak Daerah - Pajak Bumi Bangunan
                                                                     87.764.353                          78.113.641
  Local Tax - Land and Building Tax

  Penerimaan Negara Bukan Pajak
                                                                    1.077.439.849                        135.691.435
  Non-Tax State Revenue

  Sub-Total Subtotal                                               4.630.581.810                       2.922.334.650

  Entitas Anak Subsidiaries

  Pajak Pusat - Pajak Penghasilan
                                                                     341.660.965                         311.066.731
  Central Tax - Income Tax

  Pajak Pusat - Pajak Pertambahan Nilai
                                                                     457.602.611                        461.784.681
  Central Tax - Value-Added Tax

  Sub-Total Subtotal                                                798.663.576                         772.851.412




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                                                                     Annual and Sustainability Report
Page 224
                                 Analisis dan Pembahasan Management
                                 Management Discussion and Analysis




                        Uraian                                   Tahun 2023                        Tahun 2022
                      Description                                 Year 2023                         Year 2023

 Pajak Daerah - Pajak Bumi Bangunan
                                                                      392.210                        2.221.845
 Local Tax - Land and Building Tax

 Pajak Daerah - Pajak Restoran
                                                                  9.601.240                         5.796.807
 Local Tax - Restaurant Tax

 Pajak Daerah - Pajak Hotel
                                                                      483.285                        372.569
 Local Tax - Hotel Tax

 Pajak Daerah - Pajak Lainnya
                                                                  45.650.695                        31.625.715
 Local Tax - Other Tax

 Sub-Total Subtotal                                               56.128.130                        40.016.937

 Penerimaan Negara Bukan Pajak
                                                                 186.903.764                        177.631.861
 Non-Tax State Revenue

 Sub-Total Subtotal                                             1.041.095.677                      990.500.210

 Jumlah Kontribusi Pajak
                                                                5.672.277.280                     3.912.834.860
 Total Tax Contribution




REALISASI PENGGUNAAN DANA HASIL PENAWARAN UMUM
REALIZATION OF THE USE OF FUNDS FROM PUBLIC OFFERING

Pada tahun 2022, Perseroan melakukan Penawaran                 In 2022, the company conducted the Public Offering of
Umum Obligasi Berkelanjutan I Kereta Api Indonesia             Sustainable Bonds I of Kereta Api Indonesia Phase I and
Tahap I dan Sukuk Ijarah Berkelanjutan I Kereta Api            Sustainable Sukuk Ijarah of Kereta Api Indonesia Phase
Indonesia Tahap I. Per 31 Desember 2022, terdapat sisa         I. As of December 31 st, 2022, the remaining funds from
dana hasil penawaran umum Obligasi Berkelanjutan I             the Public Offering of Sustainable Bonds I of Kereta Api
Kereta Api Indonesia Tahap I sebesar Rp58.075.380.000          Indonesia Phase I amounted to Rp58,075,380,000, and
dan sisa dana hasil penawaran umum Sukuk Ijarah                the remaining funds from the Public Offering of
Berkelanjutan I Kereta Api Indonesia Tahap I sebesar           Sustainable Sukuk Ijarah of Kereta Api Indonesia Phase
Rp498.069.180.000. Per 31 Desember 2023, seluruh dana          I amounted to Rp498,069,180,000. As of December 31 st,
hasil penawaran umum telah direalisasikan sesuai               2023, all funds from the public offerings have been utilized
rencana. Berikut ini ialah laporan realisasi penggunaan        according to the plan. The following is the report on the
dana hasil penawaran umum per 31 Desember 2023.                realization of the use of funds from the public offering
                                                               as of December 31 st, 2023.




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224                                                                                     PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 225
                                          Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                            Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Laporan Realisasi Penggunaan Dana Hasil Penawaran                                          Report on the Realization of the Use of Funds from
Umum                                                                                       the Public Offering
Obligasi Berkelanjutan I Tahap I                                                           Sustainable Bonds I of Kereta Api Indonesia Phase
(Dalam ribuan rupiah)                                                                      (In thousand rupiah)



                                                                             Nilai Realisasi Hasil Penawan Umum
       Jenis Penawaran Umum                                                 Realized Value of Public Offering Funds
       Type of Public Offering
                                                      Jumlah Hasil                               Biaya Penawaran
       Obligasi                                     Penawaran Umum                                    Umum                                 Hasil Bersih
                                                     Total Proceeds from Public Offering                   Offering Costs                       Net Proceeds

       Berkelanjutan Tahap I                           1.500.000,00                                     5.041.08                         1.494.958,92
       Sustainable Bonds I of Kereta Api
                                                                                  Rencana Penggunaan Dana
       Indonesia Phase I
                                                                                             Planned Use of Funds
       Tanggal Efektif : 29 Juli 2022              Pembayaran utang                                 Pengadaan
       Effective Date: July 29 th, 2022             Pokok Obligasi I                                 Prasarana
                                                   KAI Tahun 2017 seri                            Pengembangan
                                                       A (66,89%)                                 Sumatra Bagian
                                                                                                  Selatan (33,11%)                               Total
                                                     Principal Repayment of Bond I KAI         Infrastructure Procurement for Southern             Total
                                                            2017 Series A (66.89%)                   Sumatra Development (33.11%)

                                                      1.000.000,00                                   494.958,92                          1.494.958,92
                                                                                  Realisasi Penggunaan Dana
                                                                                            Realized Use of Funds
                                                   Pembayaran Utang                                 Pengadaan
                                                    Pokok Obligasi I                                 Prasarana
                                                   KAI Tahun 2017 Seri                            Pengembangan
                                                       A (66,89%)                                 Sumatra Bagian
                                                     Principal Repayment of Bond I KAI            Selatan (33,11%)                               Total
                                                            2017 Series A (66.89%)                                                                 Total
                                                                                               Infrastructure Procurement for Southern
                                                                                                     Sumatra Development (33.11%)

                                                      1.000.000,00                                   494.958,92                          1.494.958,92
                                                 Sisa dan Hasil Penawaran Umum
                                                 Remaining Funds from Public Offering                        0



Rincian Biaya Penawaran Umum Obligasi                                                      Details of Bond Public Offering Fees


                                                                                           Prospektus                                                       Realisasi
  No                     Rincian Detail
                                                                                           Prospectus                                                      Realization

            Penjamin Pelaksana Emisi Efek
   1                                                                                           0,11%                                                           0,11%
            Issuing Underwriter

            Profesi penunjang pasar modal
   2        Capital Market Supporting                                                         0,06%                                                            0,06%
            Profession

            Lembaga penunjang pasar modal
   3        Capital Market Supporting                                                                                                                          0,04%
                                                                                              0,05%
            Institution

            Biaya Pendaftaran
   4                                                                                          0,06%                                                            0,06%
            Registration Fees

   5        Lain-Lain Others                                                                  0,06%                                                            0,06%


Pembayaran Utang Pokok Obligasi I Seri A KAI                                               Payment of KAI Series A Bond I Principal Debt in
Tahun 2017                                                                                 2017
(Dalam Jutaan Rupiah)                                                                      (In million rupiah)


                                                                Rencana                              Realisasi                             Sisa                   Keterangan
  No                    Rincian Detail
                                                                  Plan                              Realization                          Residual                 Description

            Pembayaran Utang Pokok Obligasi
            I Seri A KAI Tahun 2017
   1                                                         1.000.000,00                          1.000.000,00                             -                            -
            Payment of KAI Series A Bonds I
            Year 201




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                                                                                             Annual and Sustainability Report
Page 226
                                     Analisis dan Pembahasan Management
                                     Management Discussion and Analysis




Pengadaan Prasarana Pengembangan Sumatera                                          Procurement of Infrastructure for Development of
Bagian Selatan                                                                     Southern Sumatra
(Dalam Jutaan Rupiah)                                                              (In million rupiah)


                                                           Rencana                              Realisasi                               Sisa                    Keterangan
  No                    Rincian Detail
                                                             Plan                              Realization                            Residual                  Description

          Pengadaan Prasarana
          Pengembangan Sumatera Bagian
          Selatan
   1                                                      494.958,92                           494.958,92                                -                            -
          Procurement of Infrastructure
          Development of Southern
          Sumatra



Penempatan Dana Hasil Penawaran Umum                                               Placement of Public Offering Proceeds
(Dalam Jutaan Rupiah)                                                              (In million rupiah)


                                    Jenis                                                                                                                       Hubungan
                                                                        Tingkat Suku
            Nama Bank             Simpanan      Jumlah                                                                      Periode                              Afiliasi
  No                                                                     Bunga (p.a)
            Bank Name              Deposit       Total                                                                       Period                              Affiliate
                                                                      Interest Rate (p.a)
                                    Type                                                                                                                        Affiliation

          Bank Rakyat
   1                                 Giro            -                          2,30%                         Per 31 Desember 2023                              Terafiliasi
          Indonesia



Laporan Realisasi Penggunaan Dana Hasil Penawaran                                  Report on the Realization of the Use of Funds from
Umum                                                                               Public Offering Proceeds
Sukuk Ijarah Berkelanjutan I Kereta Api Indonesia                                  Sustainable Sukuk Ijarah of Kereta Api Indonesia
Tahap I per 31 Desember 2023.                                                      Phase I as of December 31 st, 2023
(Dalam ribuan rupiah)                                                              (In thousand rupiah)




                                                                             Nilai Realisasi Hasil Penawan Umum
       Jenis Penawaran Umum                                                 Realized Value of Public Offering Funds
       Type of Public Offering
                                                      Jumlah Hasil                               Biaya Penawaran
       Sukuk Ijarah                                 Penawaran Umum                                    Umum                                   Hasil Bersih
                                                     Total Proceeds from Public Offering                   Offering Costs                        Net Proceeds

       Berkelanjutan I Tahap I                           500.000,00                                     1.785,92                             498.214,08
       Sukuk Ijarah I Phase I
                                                                                  Rencana Penggunaan Dana
       Tanggal Efektif: 29 Juli 2022                                                        Planned Use of Funds
       Effective Date: July 29 th, 2022
                                                        Pengadaan                                  Pengadaan
                                                         Prasarana                             Sarana KA Bandara
                                                      Pengembangan                              Internasional Adi
                                                     Sumatera Bagian                                Sumarmo
                                                       Selatan (78%)                                  (22%)                                       Total
                                                       Procurement of Infrastructure         Procurement of Adi Soemarmo International              Total
                                                  Development of Southern Sumatra (78%)          Airport Railroad Rolling Stock (22%)

                                                          88.606,99                                  109.607,10                          1.494.958,92
                                                                                  Realisasi Penggunaan Dana
                                                                                            Realized Use of Funds
                                                        Pengadaan                              Pengadaan Sarana
                                                         Prasarana                                 KA Bandara
                                                      Pengembangan                              Internasional Adi
                                                     Sumatera Bagian                                Sumarmo
                                                       Selatan (78%)                                  (22%)                                       Total
                                                                Procurement of                             Procurement of                           Total
                                                   Infrastructure Development of Southern        Adi Soemarmo International Airport
                                                                 Sumatra (78%)                       Railroad Rolling Stock (22%)

                                                         388.606,99                                  109.607,10                              498.214,08
                                                 Sisa dan Hasil Penawaran Umum 0
                                                 Remaining Funds from Public Offering




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226                                                                                                                             PT Kereta Api Indonesia (Persero)
                               Annual and Sustainability Report
Page 227
                                       Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Rincian Biaya Penawaran Umum Sukuk Ijarah                              Details of Offering Costs for Sustainable Sukuk
Berkelanjutan I KAI Tahap I Tahun 2022                                 Ijarah of Kereta Api Indonesia Phase I Year 2023

                                                                       Prospektus                                    Realisasi
  No                    Rincian Detail
                                                                       Prospectus                                   Realization

          Penjamin Pelaksana Emisi Efek
   1                                                                     0,11360%                                    0,11360%
          Issuing Underwriter

          Profesi penunjang pasar modal
   2      Capital Market Supporting                                      0,09367%                                   0,09200%
          Profession

          Lembaga penunjang pasar modal
   3      Capital Market Supporting                                      0,05750%                                    0,05550%
          Institution

          Biaya Pendaftaran
   4                                                                     0,03675%                                    0,03758%
          Registration Fees

          Lain-Lain
   5                                                                     0,06255%                                   0,05850%
          Others



Pengadaan Prasarana Pengembangan Sumatera                              Procurement of Infrastructure for Development of
Bagian Selatan                                                         Southern Sumatra
(Dalam Jutaan Rupiah)                                                  (In million rupiah)


                                                         Rencana                Realisasi                Sisa             Keterangan
  No                  Rincian Detail
                                                         Planning              Realization             Remainder          Description

          Pembayaran Utang Pokok Obligasi
          I Seri A KAI Tahun 2017
   1      Procurement of Infrastructure                 388.606,99              388.606,99                   -                    -
          Development of Southern
          Sumatra


Pengadaan Sarana KA Bandara Internasional Adi                          Procurement of Railway Rolling Stock for Adi
Soemarmo                                                               Soemarmo International Airport
(Dalam Jutaan Rupiah)                                                  (In million rupiah)


                                                         Rencana                Realisasi                Sisa             Keterangan
  No                  Rincian Detail
                                                         Planning              Realization             Remainder          Description

          Pengadaan Sarana KA Bandara
          Internasional Adi Soemarmo
   1       Procurement of Adi Soemarmo                   109.607,10             109.607,10                   -                    -
          International Airport Railroad
          Rolling Stock



Penempatan Dana Hasil Penawaran Umum                                   Placement of Public Offering Proceeds
(Dalam Jutaan Rupiah)                                                  (In million rupiah)


                                    Jenis                                                                                Hubungan
                                                                 Tingkat Suku
            Nama Bank            Simpanan       Jumlah                                             Periode                 Afiliasi
  No                                                              Bunga (p.a)
            Name Bank              Type of       Total                                              Period                 Affiliate
                                                               Interest Rate (p.a)
                                  Savings                                                                               Relationships

         Bank Syariah
   1                                Giro           -                  1,35 %                 Per 31 Desember 2023         Terafiliasi
         Indonesia




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                               Analisis dan Pembahasan Management
                               Management Discussion and Analysis




Informasi Material Terkait Investasi,                          Material Information Regarding
Ekspansi, Divestasi, Penggabungan/                             Investment, Expansion, Divestment,
Peleburan Usaha, Akuisisi, Dan                                 Business Merger/Consolidation,
Restrukturisasi Utang/Modal                                    Acquisition, and Debt/Capital
                                                               Restructuring

                        Uraian                                   Tahun 2023                        Tahun 2022
                      Description                                 Year 2023                         Year 2022

 Investasi Entitas Asosiasi dan Ventura Bersama
 Investments in Associates and Joint Ventures

 Entitas Asosiasi Associates

 PT Moda Integrasi Transportasi Jabodetabek                     2.604.328.921                      2.154.886.295

 PT BPRS Baiturridha Pusaka                                     3.465.377.608                      2.708.529.574

 Pajak Daerah - Pajak Bumi Bangunan                              87.764.353                          78.113.641

 Penerimaan Negara Bukan Pajak                                  1.077.439.849                       135.691.435

 Ventura Bersama Joint Venture

 PT Pilar Sinergi BUMN Indonesia                                5.708.376.759                     6.208.789.974

 KSO Bumi Kalog                                                  42.005.447                         59.698.827

 KSO B Kalog                                                      16.876.931                        16.175.849

 KSO PT KAPM - PT Mega Dasa Semesta                               2.973.405                          5.185.454

 Jumlah Total                                                   5.808.370.149                     6.315.362.037


Ekspansi                                                       Expansion
Perseroan tidak melakukan aktivitas ekspansi pada 2023.        The Company did not undertake any expansion
Atas hal tersebut, tidak terdapat informasi mengenai           activities in 2023. As such, there is no information on
ekspansi Perseroan untuk disajikan di dalam bagian ini.        the Company's expansion to be presented in this
                                                               section.
Divestasi                                                      Divestment
Perseroan tidak melakukan aktivitas divestasi pada 2023.       The Company did not carry out divestment activities in
Atas hal tersebut, tidak terdapat informasi mengenai           2023. For this reason, there is no information regarding
divestasi usaha Perseroan untuk disajikan di dalam bagian      the divestment of the Company’s business to be
ini.                                                           presented in this section.

Penggabungan/Peleburan Usaha                                   Business Merger Consolidation
Perseroan tidak melakukan penggabungan/peleburan               The Company did not carry out a business merger/
usaha pada 2023. Atas hal tersebut, tidak terdapat             consolidation in 2023. For this reason, there is no
informasi mengenai aktivitas penggabungan/peleburan            information regarding the Company’s business merger/
usaha Perseroan untuk disajikan di dalam bagian ini.           consolidation activities to be presented in this section.

Akuisisi                                                       Acquisition
Perseroan tidak melakukan akuisisi pada 2023. Atas hal         The Company did not make any acquisitions in 2023. For
tersebut, tidak terdapat informasi mengenai aktivitas          this reason, there is no information regarding the
akuisisi Perseroan untuk disajikan di dalam bagian ini.        Company’s acquisition activities to be presented in this
                                                               section.

Restrukturisasi Utang/Modal                                    Debt/Capital Restructuring
Perseroan tidak melakukan aktivitas restrukturisasi utang/     The Company did not carry out debt/capital restructuring
modal pada 2023. Atas hal tersebut, tidak terdapat informasi   activities in 2023. For this reason, there is no information
mengenai aktivitas restrukturisasi utang/modal Perseroan       regarding the Company’s debt/capital restructuring
untuk disajikan di dalam bagian ini.                           activities to be presented in this section.




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                          Annual and Sustainability Report
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                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




INFORMASI MATERIAL TERKAIT TRANSAKSI MATERIAL
YANG MENGANDUNG BENTURAN KEPENTINGAN DAN/
ATAU DENGAN PIHAK AFILIASI
MATERIAL INFORMATION REGARDING MATERIAL TRANSACTIONS INVOLVING
CONFLICTS OF INTEREST AND/OR WITH AFFILIATED PARTIES
Berdasarkan Peraturan Otoritas Jasa Keuangan Nomor              Based on the Financial Services Authority Regulation
17/ POJK.04/2020 tentang Transaksi Material dan                 Number      17/POJK.04/2020       concerning    Material
Perubahan Kegiatan Usaha, Transaksi Material adalah             Transactions and Changes in Business Activities, a
setiap transaksi yang dilakukan oleh perusahaan terbuka         Material Transaction is any transaction made by a public
atau perusahaan terkendali yang memenuhi batasan nilai          company or a controlled company that meets a
transaksi sama dengan 20% (dua puluh persen) atau               transaction value limit equal to 20% (twenty percent) or
lebih dari ekuitas Perusahaan Terbuka.                          more than public company equity.

Transaksi Material yang Mengandung Benturan                     Material Transactions Involving Conflicts of Interest
Kepentingan
Sesuai ketentuan dalam Peraturan Otoritas Jasa                  In accordance with the provisions of Financial Services
Keuangan Nomor 42/POJK.04/2020 tentang Transaksi                Authority    Regulation      Number    42/POJK.04/2020
Afiliasi dan Transaksi Benturan Kepentingan, Benturan           concerning Affiliated Transactions and Conflicts of
Kepentingan adalah perbedaan antara kepentingan                 Interest Transactions, a Conflict of Interest refers to a
ekonomis perusahaan terbuka dengan kepentingan                  situation where the economic interests of a public
ekonomis pribadi Anggota Direksi, Anggota Dewan                 company differ from the personal economic interests of
Komisaris, Pemegang Saham Utama, atau Pengendali                Members of the Board of Directors, Members of the Board
yang dapat merugikan Perusahaan Terbuka dimaksud.               of Commissioners, Major Shareholders, or Controlling
Sepanjang tahun 2023, tidak terdapat transaksi material         Shareholders, which could harm the public company.
yang mengandung benturan kepentingan.                           Throughout 2023, there were no material transactions
                                                                involving conflicts of interest.

Transaksi Material dengan Pihak Afiliasi                        Material Transactions with Affiliated Parties
Perseroan merupakan bagian dari suatu kelompok usaha,           The Company is part of a business group, and in its
sehingga dalam menjalankan operasinya, Perseroan                operations, it engages in transactions with related parties.
berhubungan dan melakukan transaksi dengan pihak-               Regarding these relationships, there are no differences
pihak yang berelasi. Mengenai hubungan tersebut, tidak          in the terms and conditions of transactions conducted
terdapat perbedaan syarat dan kondisi atas transaksi            with third parties.
yang dilakukan dengan pihak ketiga.

Pihak berelasi adalah orang atau entitas yang terkait           Related parties are individuals or entities associated
dengan entitas pelapor:                                         with the reporting entity:
   a. Orang atau anggota keluarga dekatnya mempunyai               a. An individual or a close family member is related
      relasi dengan entitas pelapor jika orang tersebut:              to the reporting entity if that person:
          i. Memiliki pengendalian atau pengendalian                      i. Has control or joint control over the
               bersama atas entitas pelapor;                                   reporting entity;
          ii. Memiliki pengaruh signifikan atas entitas                   ii. Has significant influence over the reporting
               pelapor; atau                                                   entity; or
          iii. Merupakan personil manajemen kunci                         iii. Is a key management personnel of the
               entitas pelapor atau entitas induk dari                         reporting entity or the parent entity of the
               entitas pelapor.                                                reporting entity.
   b. Suatu entitas berelasi dengan entitas pelapor jika           b. An entity is related to the reporting entity if it meets
      memenuhi salah satu hal berikut:                                any of the following criteria:
          i. Entitas dan entitas pelapor adalah anggota                   i. The entity and the reporting entity are
               dari kelompok usaha yang sama (artinya                          members of the same business group
               entitas induk, entitas anak, dan entitas anak                   (meaning that the parent entity, subsidiary
               berikutnya saling berelasi dengan entitas                       entities, and subsequent subsidiaries are
               lain);                                                          related to each other);
          ii. Satu entitas adalah entitas asosiasi atau                   ii. One entity is an associate or joint venture
               ventura bersama dari entitas lain (atau                         of another entity (or an associate or joint
               entitas asosiasi atau ventura bersama yang                      venture of a member of a business group
               merupakan anggota suatu kelompok usaha,                         to which the other entity belongs).
               yang mana entitas lain tersebut adalah
               anggotanya);



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                               Analisis dan Pembahasan Management
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          iii. Kedua entitas tersebut adalah ventura                    iii. Both entities are joint ventures of the same
               bersama dari pihak ketiga yang sama;                          third party;
          iv. Satu entitas adalah ventura bersama dari                  iv. One entity is a joint venture of a third entity,
               entitas ketiga dan entitas yang lain adalah                   while the other entity is an associate of the
               entitas asosiasi dari entitas ketiga;                         third entity;
          v. Entitas tersebut adalah suatu program                      v. The entity is a post-employment benefit
               imbalan pascakerja untuk imbalan kerja                        plan for the benefits of employees of either
               dari salah satu entitas pelapor atau entitas                  the reporting entity or an entity related to
               yang terkait dengan entitas pelapor. Jika                     the reporting entity. If the reporting entity
               entitas pelapor adalah entitas yang                           manages the plan, the sponsoring entity is
               menyelenggarakan program tersebut, maka                       also related to the reporting entity;
               entitas sponsor juga berelasi dengan entitas
               pelapor;
          vi. Entitas yang dikendalikan atau dikendalikan               vi. The entity is controlled or jointly controlled
               bersama oleh orang yang diidentifikasi                       by a person identified in paragraph (a);
               dalam huruf (a);
          vii. Orang yang diidentifikasi dalam huruf (a)                vii. A person identified in paragraph (a)(i) has
               (i) memiliki pengaruh signifikan atas                         significant influence over the entity or is a
               entitas     atau    merupakan       personil                  key management personnel of the entity
               manajemen kunci entitas (atau entitas induk                   (or a parent entity of the entity); or
               dari entitas); atau
          viii. Entitas, atau anggota dari kelompok yang                viii. The entity, or a member of a group of which
               mana entitas merupakan bagian dari                             it is a part, provides key management
               kelompok tersebut, menyediakan jasa                            personnel services to the reporting entity
               personil manajemen kunci kepada entitas                        or to the parent entity of the reporting
               pelapor atau kepada entitas induk dari                         entity.
               entitas pelapor.
Entitas yang berelasi dengan pemerintah adalah entitas        Entities related to the government are those controlled,
yang dikendalikan, dikendalikan bersama, atau                 jointly controlled, or significantly influenced by the
dipengaruhi oleh pemerintah. Pemerintah mengacu               government. The government refers to governmental
kepada instansi pemerintah dan badan yang serupa baik         agencies and similar bodies at the local, national, or
lokal, nasional maupun internasional. Entitas yang            international level. Entities related to the government
berelasi dengan Pemerintah dapat berupa entitas yang          may include entities controlled or significantly influenced
dikendalikan atau dipengaruhi secara signifikan oleh          by the Ministry of Finance, which acts as a shareholder
Kementerian Keuangan yang merupakan Pemegang                  of the entity, or entities controlled by the Government
Saham entitas, atau entitas yang dikendalikan oleh            of the Republic of Indonesia through the Ministry of State-
Pemerintah Republik Indonesia melalui Kementerian             Owned Enterprises (SOE) as the proxy shareholder. All
Negara BUMN sebagai kuasa pemegang saham. Seluruh             significant transactions and balances with related parties
transaksi dan saldo yang signifikan dengan pihak              are disclosed in the Financial Statements.
berelasi diungkapkan dalam Laporan Keuangan.

Nama Pihak dan Sifat Hubungan Berelasi dan Realisasi          Names of Parties and Nature of Related Party
Transaksi                                                     Relationships and Transaction Realization
Perseroan melakukan sejumlah transaksi dengan pihak           The Company engages in various transactions with
berelasi, dengan penjelasan sifat hubungan sebagai            related parties, with the nature of these relationships
berikut:                                                      described as follows:
   a. Pemerintahan Republik Indonesia diwakili oleh               a. The Government of the Republic of Indonesia,
      Menteri BUMN merupakan pemegang saham                          represented by the Minister of State-Owned
      Perusahaan dan BUMN lain memiliki hubungan                     Enterprises (SOE), is a shareholder of the Company,
      afiliasi melalui penyertaan modal Pemerintah                   and other state-owned enterprises have an
      Republik Indonesia.                                            affiliated relationship through the capital
                                                                     participation of the Government of the Republic
                                                                     of Indonesia.
   b. Perusahaan menempatkan dan meminjam dana                    b. The Company deposits and borrows funds from
      pada bank-bank yang dimiliki Pemerintah dengan                 government-owned banks under normal terms
      persyaratan  dan     tingkat   bunga    normal                 and interest rates applicable to third-party
      sebagaimana yang berlaku untuk nasabah pihak                   customers.
      ketiga.
   c. Perusahaan yang menandatangani perjanjian                  c. The Company enters into business agreements
      dalam rangka usaha, dengan BUMN-BUMN lain                     with other state-owned enterprises, which are
      merupakan entitas anak BUMN serta badan-badan                 subsidiaries of state-owned enterprises, as well as
      lembaga-lembaga pemerintah yang berwenang                     with relevant government bodies and authorities.




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230                                                                                    PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 231
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   d. Memiliki anggota pengurus yang sama dengan                      d. The Company has common management
      entitas anak, yaitu Direksi Perusahaan yang juga                   members with its subsidiaries, where the Company's
      merupakan Komisaris pada entitas anak.                             Directors also serve as Commissioners in the
                                                                         subsidiaries.
   e. Dewan Komisaris dan Direksi merupakan personil                  e. The Board of Commissioners and Directors are key
      manajemen kunci Grup.                                              management personnel of the Group.

Daftar pihak berelasi beserta pengungkapan sifat                The list of related parties, along with disclosures of the
hubungan dan sifat relasi dapat dilihat melalui tabel           nature of the relationship and the type of affiliation, can
sebagai berikut ini. [GRI 2-6]                                  be seen in the following table. [GRI 2-6]

       Pihak Berelasi                                                                       Jenis Transaksi
                                       Hubungan Relations
       Related Parties                                                                    Transactional Type

  Pemerintah Republik          Dikendalikan oleh Pemerintah Pusat        Hak Konsesi atas Prasarana Kereta Api, Penerimaan
  Indonesia                    Republik Indonesia                        Pinjaman Jangka Panjang PEN, dan Perpajakan
  Government of the            Controlled by the Central Government      Concession Rights on Railway Infrastructure, PEN
  Republic of Indonesia        of the Republic of Indonesia              Long Term Loans, and Taxation

  Kementerian                                                            Penerimaan Dana atas Penyelenggaraan angkutan
  Perhubungan Republik         Dikendalikan oleh Pemerintah Pusat        PSO, Perintis, dan Penerapan IMO, Pembayaran
  Indonesia                    Republik Indonesia                        Bunga, dan Pembayaran TAC
  Ministry of Transportation   Controlled by the Central Government      Receipt of Funds for Organizing PSO Transportation,
  of the Republic of           of the Republic of Indonesia              Pioneering, and IMO Maintenance, Interest
  Indonesia                                                              Payments, and TAC Payments

                                                                         Penempatan Giro, Deposito Berjangka, Dana yang
                               Dikendalikan oleh Pemerintah Pusat
                                                                         Dibatasi Penggunaannya, Fasilitas Kredit Modal
  PT Bank Rakyat Indonesia     Republik Indonesia
                                                                         Kerja, Fasilitas Kredit Sindikasi Placement of Current
  (Persero) Tbk                Controlled by the Central Government
                                                                         Accounts, Time Deposits, Restricted Funds, Working
                               of the Republic of Indonesia
                                                                         Capital Credit Facilities, Syndicated Credit Facilities

                                                                         Penempatan Giro, Deposito Berjangka, Dana yang
                                                                         Dibatasi Penggunaannya, Fasilitas Kredit Modal
                               Dikendalikan oleh Pemerintah Pusat        Kerja, Fasilitas Kredit Sindikasi, Sewa Panel, dan
  PT Bank Rakyat Indonesia     Republik Indonesia                        Biaya Kesehatan Pegawai
  (Persero) Tbk                Controlled by the Central Government      Placement of Current Accounts, Time Deposits,
                               of the Republic of Indonesia              Restricted Funds, Working Capital Credit Facilities,
                                                                         Syndicated Credit Facilities, Land Rent/Finance Fees,
                                                                         and Employee Health Funds

                                                                         Penempatan Giro, Deposito Berjangka, Dana yang
                                                                         Dibatasi Penggunaannya, Fasilitas Kredit Modal
                                                                         Kerja, Fasilitas Kredit Sindikasi, Persewaan Lahan,
                               Dikendalikan oleh Pemerintah Pusat        Biaya Kesehatan Pegawai, Pendapatan Bunga,
  PT Bank Mandiri (Persero)    Republik Indonesia                        Pendapatan Sewa dan Penghasilan Lainnya
  Tbk                          Controlled by the Central Government      Placement of Current Accounts, Time Deposits,
                               of the Republic of Indonesia              Restricted Funds, Working Capital Credit Facilities,
                                                                         Syndicated Credit Facilities, Land Rents, Finance
                                                                         Fees, Employee Insurance, Interest Income, Rental
                                                                         Income and Pension Funds

                                                                         Penempatan Giro, Deposito Berjangka, Hak Konsesi
                                                                         atas Prasarana Kereta Api, Penerimaan Pinjaman
                               Dikendalikan oleh Pemerintah Pusat
                                                                         Jangka Panjang PEN, dan Perpajakan
  PT Bank Tabungan             Republik Indonesia
                                                                         Placement of Current Accounts, Time Deposits,
  Negara (Persero) Tbk         Controlled by the Central Government
                                                                         Concession Rights on Railway Infrastructure, Long-
                               of the Republic of Indonesia
                                                                         Term PEN Loans, and Taxation



                               Dikendalikan oleh Pemerintah Pusat
  PT BPRS Baiturridha          Republik Indonesia                        Penempatan Giro dan Deposito Berjangka
  Pusaka                       Controlled by the Central Government      Placement of Current Accounts and Time Deposits
                               of the Republic of Indonesia

                               Dikendalikan oleh Pemerintah Pusat        Penerimaan dari Jasa Angkutan dan Jasa
  PT Indonesia Asahan          Republik Indonesia                        Pendukung
  Aluminium (Persero)          Controlled by the Central Government      Revenue from Transportation Services and Support
                               of the Republic of Indonesia              Services

                                                                         Pembelian Bahan Bakar Minyak dan Jasa
                               Dikendalikan oleh Pemerintah Pusat
                                                                         Pendukungnya, Penerimaan dari Jasa Angkutan dan
                               Republik Indonesia
  PT Pertamina (Persero)                                                 Sewa Lahan
                               Controlled by the Central Government
                                                                         Purchase of fuel oil and its supporting services,
                               of the Republic of Indonesia
                                                                         receipts from transportation services and land leases




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                                                                   Annual and Sustainability Report
Page 232
                                Analisis dan Pembahasan Management
                                Management Discussion and Analysis




      Pihak Berelasi                                                                     Jenis Transaksi
                                       Hubungan Relations
      Related Parties                                                                  Transactional Type

                               Dikendalikan oleh Pemerintah Pusat     Penerimaan dari Jasa Angkutan dan Jasa
 PT Semen Indonesia            Republik Indonesia                     Pendukung
 (Persero) Tbk                 Controlled by the Central Government   Revenue from Transportation Services and Support
                               of the Republic of Indonesia           Services

                                                                      Pembelian Aset Sarana, Pembelian Suku Cadang,
                                                                      Jasa Perawatan Sarana, Penerimaan Jasa Teknis
                               Dikendalikan oleh Pemerintah Pusat
                                                                      Sarana, dan Jasa Angkutan
 PT Industri Kereta Api        Republik Indonesia
                                                                      Purchase of Rolling Stock Assets, Purchase of Spare
 (Persero)                     Controlled by the Central Government
                                                                      Parts, Rolling Stock Maintenance Services, Receipt of
                               of the Republic of Indonesia
                                                                      Rolling Stock Technical Services, and Transportation
                                                                      Services

                               Dikendalikan oleh Pemerintah Pusat
 PT Pembangunan                Republik Indonesia                     Persewaan Lahan
 Perumahan (Persero) Tbk       Controlled by the Central Government   Land Rentals
                               of the Republic of Indonesia

                               Dikendalikan oleh Pemerintah Pusat     Penerimaan dari Jasa Angkutan dan Jasa
 PT Perkebunan Nusantara       Republik Indonesia                     Pendukung
 III (Persero)                 Controlled by the Central Government   Revenue from Transportation Services and Support
                               of the Republic of Indonesia           Services

                               Dikendalikan oleh Pemerintah Pusat     Penerimaan dari Jasa Angkutan dan Jasa
 PT Krakatau Steel             Republik Indonesia                     Pendukung
 (Persero) Tbk                 Controlled by the Central Government   Revenue from Transportation Services and Support
                               of the Republic of Indonesia           Services

                               Dikendalikan oleh Pemerintah Pusat
 PT Rajawali Nusantara         Republik Indonesia                     Persewaan Lahan
 Indonesia (Persero)           Controlled by the Central Government   Land Rentals
                               of the Republic of Indonesia

                               Dikendalikan oleh Pemerintah Pusat     Persewaan Lahan, Pembayaran Listrik Operasional
 PT Perusahaan Listrik         Republik Indonesia                     dan Listrik Aliran Atas
 Negara (Persero)              Controlled by the Central Government   Land Rentals, Payment for Operational Electricity
                               of the Republic of Indonesia           and Overflow Electricity

                               Dikendalikan oleh Pemerintah Pusat     Penerimaan dari Jasa Angkutan dan Jasa
 PT Pupuk Indonesia            Republik Indonesia                     Pendukung
 (Persero)                     Controlled by the Central Government   Revenue from Transportation Services and Support
                               of the Republic of Indonesia           Services

                               Dikendalikan oleh Pemerintah Pusat
 PT Barata Indonesia           Republik Indonesia                     Penerimaan dari Persewaan Lahan
 (Persero)                     Controlled by the Central Government   Proceeds from Land Rentals
                               of the Republic of Indonesia

                               Dikendalikan oleh Pemerintah Pusat     Kontraktor dalam Pembangunan Proyek LRT
 PT Adhi Karya (Persero)       Republik Indonesia                     Jabodebek
 Tbk                           Controlled by the Central Government   Contractors in the Jabodebek LRT Project
                               of the Republic of Indonesia           Development

                               Dikendalikan oleh Pemerintah Pusat
 PT Aviasi Pariwisata          Republik Indonesia                     Pembayaran Persewaan Lahan dan Utilitas Bandara
 Indonesia (Persero)           Controlled by the Central Government   Land Rentals Payment and Airport Utilities
                               of the Republic of Indonesia

                               Dikendalikan oleh Pemerintah Pusat
 PT Biro Klasifikasi           Republik Indonesia                     Pembayaran Jasa Konsultasi
 Indonesia (Persero)           Controlled by the Central Government   Payment for Consulting Services
                               of the Republic of Indonesia




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232                                                                                      PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 233
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       Pihak Berelasi                                                                    Jenis Transaksi
                                      Hubungan Relations
       Related Parties                                                                 Transactional Type

                              Dikendalikan oleh Pemerintah Pusat
                                                                       Pembelian Suku Cadang Sarana
  PT Barata Indonesia         Republik Indonesia
                                                                       Purchase of Rolling Stock Spare Parts
  (Persero)                   Controlled by the Central Government
                              of the Republic of Indonesia

                              Dikendalikan oleh Pemerintah Pusat
                              Republik Indonesia                       Pembelian Suku Cadang Prasarana
  PT Pindad (Persero)
                              Controlled by the Central Government     Purchase of Infrastructure Spare Parts
                              of the Republic of Indonesia

                              Dikendalikan oleh Pemerintah Pusat
  PT Garuda Indonesia         Republik Indonesia                       Persewaan Lahan
  (Persero) Tbk               Controlled by the Central Government     Land Rentals
                              of the Republic of Indonesia

                              Dikendalikan oleh Pemerintah Pusat
  PT Sarana Multi             Republik Indonesia                       Fasilitas Kredit Sindikasi dan Biaya Keuangan
  Infrastruktur (Persero)     Controlled by the Central Government     Syndicated Credit Facility and Finance Fees
                              of the Republic of Indonesia

                              Dikendalikan oleh Pemerintah Pusat
  Lembaga Pembiayaan          Republik Indonesia                       Fasilitas Kredit Sindikasi dan Biaya Keuangan
  Ekspor Indonesia            Controlled by the Central Government     Syndicated Credit Facility and Finance Fees
                              of the Republic of Indonesia

                              Dikendalikan oleh Pemerintah Pusat
  Kementerian Keuangan        Republik Indonesia                       Fasilitas Pinjaman Subordinasi dan Biaya Keuangan
  Republik Indonesia          Controlled by the Central Government     Subordinated Loan Facility and Finance Fees
                              of the Republic of Indonesia

                              Dikendalikan oleh Pemerintah Pusat
  PT Jasa Marga (Persero)     Republik Indonesia                       Penerimaan dari Pekerjaan Alih Daya
  Tbk                         Controlled by the Central Government     Acceptance from Outsourced Work
                              of the Republic of Indonesia

                              Dikendalikan oleh Pemerintah Pusat
  PT Bahana Pembinaan         Republik Indonesia                       Asuransi Pegawai
  Usaha Indonesia (Persero)   Controlled by the Central Government     Employee Insurance
                              of the Republic of Indonesia

                              Dikendalikan oleh Pemerintah Pusat
  PT Pilar Sinergi BUMN       Republik Indonesia                       Piutang Lain-lain
  Indonesia                   Controlled by the Central Government     Other Receivables
                              of the Republic of Indonesia

                              Dikendalikan oleh Pemerintah Pusat
                              Republik Indonesia                       Pembayaran Jasa Percetakan
  PT Danareksa (Persero)
                              Controlled by the Central Government     Payment for Printing Services
                              of the Republic of Indonesia

                              Dikendalikan oleh Pemerintah Pusat
  PT Telekomunikasi           Republik Indonesia                       Pembayaran Jasa Telekomunikas
  Indonesia (Persero) Tbk     Controlled by the Central Government     Telecommunications Service Payments
                              of the Republic of Indonesia

                              Dikendalikan oleh Pemerintah Pusat
                              Republik Indonesia                       Penerimaan Jasa Angkutan
  Perum PPD
                              Controlled by the Central Government     Proceeds of Transportation Services
                              of the Republic of Indonesia




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                                                                  Annual and Sustainability Report
Page 234
                                Analisis dan Pembahasan Management
                                Management Discussion and Analysis




Realisasi Transaksi dengan Pihak Berelasi Aset dari                 Realization of Transactions with Related Parties
Pihak Berelasi                                                      Assets from Related Parties
(Dalam ribuan rupiah)                                               (In thousand rupiah)




                                                      2023                                                2022


              Uraian                                           Persentase
            Description                                                                                        Persentase terhadap
                                                             terhadap Total
                                                                                                                    Total Aset
                                        Nominal                   Aset                      Nominal
                                                                                                                Percentage to Total
                                                              Percentage to
                                                                                                                      Assets
                                                               Total Assets


  Bank (Rupiah)                       3.456.887.394               4,25                     4.894.631.65               6,83%


  Deposito (Rupiah)
                                      1.386.615.360               1,70                     398.510.000                0,56%
  Deposit (Rupiah)

  Dana Dibatasi
  Penggunaannya                       2.560.880.158               3,15                 5.590.894.318                  7,81%
  Restricted Use Funds

  Piutang Usaha - Bersih
                                      1.253.114.802               1,54                     934.629.745                1,30%
  Accounts Receivable - Net

  Piutang Lain-lain - Bersih
                                            -                       -                           -                     0,00%
  Other Receivables - Net

  Pendapatan Masih Akan
  Diterima - Bersih                   439.036.344                 0,54                     719.566.683                1,01%
  Receivables Revenue - Net

  Jumlah Total                       9.096.534.058                11,18               12.538.232.398                 17,52%


Perincian nama pihak terkait realisasi (nilai) transaksi pihak      The detailed names of related parties and the
berelasi disajikan pada Catatan atas Laporan Keuangan               realization (value) of related party transactions are
Konsolidasian PT Kereta Api Indonesia (Persero) Tahun               presented in Note 41 of the Consolidated Financial
2023 No. 41 sebagaimana yang terlampir pada Laporan                 Statements of PT Kereta Api Indonesia (Persero) for the
Tahunan ini.                                                        year 2023, as attached to this Annual Report.

Kewajaran Transaksi dan Alasan Dilakukan Transaksi                  Fairness of Transactions and Reasons for Transactions
Transaksi pihak berelasi terjadi karena adanya kebutuhan            Related party transactions occur due to the business needs
usaha KAI. Transaksi dilakukan berdasarkan persyaratan              of KAI. Transactions are conducted based on terms agreed
yang disetujui oleh kedua belah pihak, persyaratan                  upon by both parties; these terms may be the same as
tersebut dapat sama atau tidak sama dengan transaksi                or different from those of transactions conducted with
lain yang dilakukan dengan pihak ketiga (arm’s length).             third parties (arm's length). The fairness of transactions
Kewajaran transaksi dengan pihak berelasi telah dilakukan           with related parties has been conducted in a reasonable
secara wajar sesuai peraturan perundang-undangan.                   manner according to prevailing laws and regulations. All
Seluruh transaksi signifikan dengan pihak-pihak berelasi            significant transactions with related parties have been
telah diungkapkan dalam catatan laporan keuangan                    disclosed in the notes to the consolidated financial
konsolidasian.                                                      statements.

Kebijakan    Manajemen        Review     Transaksi    dan           Management Policy for Transaction Review and
Pemenuhan Peraturan Terkait                                         Compliance with Related Regulations
Seluruh transaksi telah melalui mekanisme review sesuai             All transactions have undergone a review mechanism
dengan jenis transaksi. Setiap transaksi dilakukan analisis         according to the type of transaction. Each transaction
kelayakan transaksi. KAI senantiasa berkomitmen untuk               has been analyzed for its feasibility. KAI is committed to
menjalankan bisnis yang prudent dan seluruh transaksi               conducting business prudently, and all transactions
telah memenuhi peraturan dan ketentuan yang berlaku.                comply with applicable regulations and provisions.

Pengungkapan Transaksi Afiliasi pada Laporan                        Disclosure of Affiliated Transactions in the Financial
Keuangan                                                            Statements
Transaksi afiliasi Perseroan diungkapkan di dalam                   The Company's affiliated transactions are disclosed in
Laporan Keuangan PT KAI (Persero) dan Entitas Anak                  the Financial Statements of PT KAI (Persero) and
tahun buku 2023 pada catatan 41.                                    Subsidiaries for the fiscal year 2023 in Note 41.




                          Laporan Tahunan dan Keberlanjutan
234                                                                                                 PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 235
                                       Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                            Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Pengungkapan          Transaksi       Afiliasi      pada       Laporan         Disclosure of Affiliate Transactions in Financial
Keuangan                                                                       Reports
Transaksi afiliasi Perseroan diungkapkan di dalam                              The Company's affiliated transactions are disclosed in
Laporan Keuangan PT KAI (Persero) dan Entitas Anak                             the Financial Report of PT KAI (Persero) and Subsidiaries
tahun buku 2023 pada catatan 41.                                               for the 2023 financial year in note 41.



PERUBAHAN PERATURAN PERUNDANG-UNDANGAN DAN
DAMPAK TERHADAP PERSEROAN
AMENDMENTS IN LEGISLATIONS IN 2023 AND IMPACT ON THE COMPANY

                                                                         Penyesuaian yang dilakukan KAI
        Judul Peraturan               Pokok Pengaturan                                                                  Dampak Terhadap KAI
 No                                                                          Adjustment information
        Regulation Name               Regulation Principal                                                                 Impact on KAI
                                                                                conducted by KAI

 Peraturan yang Mengubah Peraturan Sebelumnya / Regulation That Amends The Previous Regulation

  1   Peraturan Pemerintah     PP 39/2023 ini tidak mengubah             a. Telah ditetapkan Peraturan          a. Dalam hal PT KAI menjadi salah satu
      Nomor 39 Tahun 2023      secara signifikan perencanaan dan            Direksi Nomor PER.U/KO.104/III/        anggota Tim Persiapan selaku Instansi
      tentang Perubahan atas   pelaksanaan pengadaan tanah                  KA-2024 tentang Tugas dan              yang Memerlukan Tanah, penentuan
      Peraturan Pemerintah     sebagaimana yang telah diatur                Wewenang Anggota Direksi,              nilai Ganti Kerugian tidak hanya dapat
      Nomor 19 tahun 2021      dalam Peraturan Pemerintah                   yang pada Pasal 8 ayat (2) huruf       menggunakan Penilai Publik, namun
      tentang                  Nomor 19 tahun 2021 tentang                  g mengatur pada pokoknya               juga dapat menggunakan Penilai
      Penyelenggaraan          Penyelenggaraan Pengadaan Tanah              bahwa Direktur Keselamatan             Pemerintah; / In cases where PT KAI
      Pengadaan Tanah Bagi     Bagi Pembangunan Untuk                       dan Keamanan berwenang                 becomes a member of the Preparation
      Pembangunan Untuk        Kepentingan Umum (“PP 19/2021”),             untuk menetapkan kebijakan             Team as the Agency Requiring Land,
      Kepentingan Umum         namun, peraturan tersebut                    kepengurusan Perusahaan                the determination of Compensation
      (“PP 39/2023”) /         mengamanatkan keterlibatan PNS               untuk menandatangani                   Value can utilize not only Public
      Government Regulation    sebagai pejabat Penilai Pemerintah           dokumen atau tindakan lain             Appraisers but also Government
      Number 39 of 2023        untuk melakukan berbagai kegiatan            dalam rangka                           Appraisers.
      concerning               terkait penilaian. Selain itu,               penghapusbukuan aset tetap
      Amendments to            peraturan ini juga mengatur                  berupa tanah termasuk               b. Dalam hal PT KAI bertindak selaku
      Government Regulation    tentang tanah musnah yang tidak              bangunan yang terkena                  Instansi yang Memerlukan Tanah
      Number 19 of 2021 on     diatur sebelumnya. / PP 39/2023              dampak pembangunan untuk               dengan Objek Pengadaan Tanah pada
      the Implementation of    does not significantly alter the             kepentingan umum, setelah              lokasi bidang tanah yang terindikasi
      Land Procurement for     planning and implementation of               mendapat persetujuan Direksi.          sebagai tanah musnah, maka perlu
      Development in the       land procurement as regulated in             / The Directors' Regulation            memperhatikan ketentuan peraturan
      Public Interest ("PP     Government Regulation Number 19              Number PER.U/KO.104/III/KA-            perundang-undangan yang mengatur
      39/2023").               of 2021 concerning the                       2024 has been established              terkait hal ini, salah satunya yaitu
                               Implementation of Land                       regarding the Duties and               Peraturan Menteri Agraria dan Tata
                               Procurement for Development in               Authorities of the Board of            Ruang/Kepala Badan Pertanahan
                               the Public Interest ("PP 19/2021").          Directors, which in Article 8,         Nasional Nomor 17 Tahun 2021 tentang
                               However, this regulation mandates            paragraph (2), letter (g)              Tata Cara Penetapan Tanah Musnah; / If
                               the involvement of civil servants as         stipulates that the Managing           PT KAI acts as the Agency Requiring
                               Government Appraisal Officers to             Director of Safety and Security        Land and the Land Procurement Object
                               carry out various activities related to      is authorized to establish             is located on land suspected to be
                               appraisal. Additionally, this                company management                     destroyed, PT KAI must consider the
                               regulation also addresses the issue          policies for signing documents         relevant legal provisions, including the
                               of destroyed land, which was not             or other actions related to the        Regulation of the Minister of Agrarian
                               previously regulated.                        write-off of fixed assets such as      Affairs and Spatial Planning/Head of
                                                                            land, including buildings              the National Land Agency Number 17 of
                                                                            affected by development for            2021 on Procedures for Determining
                                                                            public interest, after obtaining       Destroyed Land.
                                                                            approval from the Board of
                                                                            Directors.

                                                                         b. Saat ini PT KAI dalam proses
                                                                            penyusunan Peraturan Direksi
                                                                            tentang Pedoman
                                                                            Penghapusbukuan dan
                                                                            pemindahtanganan Aktiva
                                                                            Tetap Berupa Tanah
                                                                            Perusahaan. / PT KAI is
                                                                            currently in the process of
                                                                            drafting a Directors' Regulation
                                                                            on the Guidelines for the Write-
                                                                            Off and Transfer of Fixed Assets
                                                                            in the form of Company Land.




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PT Kereta Api Indonesia (Persero)                                                                                                                             235
                                                                                  Annual and Sustainability Report
Page 236
                              Analisis dan Pembahasan Management
                              Management Discussion and Analysis




                                                      Penyesuaian yang dilakukan KAI
      Judul Peraturan          Pokok Pengaturan                                                 Dampak Terhadap KAI
No                                                        Adjustment information
      Regulation Name          Regulation Principal                                                Impact on KAI
                                                             conducted by KAI

                                                                                       c. Dalam hal PT KAI bertindak selaku
                                                                                          Instansi yang Memerlukan Tanah, maka
                                                                                          wajib mengajukan permohonan
                                                                                          pelaksanaan Pengadaan Tanah kepada
                                                                                          kepala Kanwil BPN dengan
                                                                                          memperhatikan persyaratan
                                                                                          sebagaimana yang diatur dalam Pasal
                                                                                          56 ayat (2) PP 39/2023 dan wajib
                                                                                          menyampaikan penjelasan tentang
                                                                                          permohonan pelaksanaan Pengadaan
                                                                                          Tanah di hadapan Kanwil BPN. Apabila
                                                                                          telah dinyatakan lengkap, maka PT KAI
                                                                                          akan memperoleh BA penerimaan
                                                                                          permohonan pelaksanaan Pengadaan
                                                                                          Tanah; / When PT KAI acts as the
                                                                                          Agency Requiring Land, it is obligated
                                                                                          to submit a request for the
                                                                                          implementation of Land Procurement
                                                                                          to the head of the Regional Office of
                                                                                          BPN (National Land Agency) by
                                                                                          adhering to the requirements as
                                                                                          regulated in Article 56 paragraph (2) of
                                                                                          PP 39/2023, and must provide an
                                                                                          explanation regarding the request for
                                                                                          the implementation of Land
                                                                                          Procurement before the Regional Office
                                                                                          of BPN. Once the request is declared
                                                                                          complete, PT KAI will receive a receipt of
                                                                                          application for the implementation of
                                                                                          Land Procurement.

                                                                                       d. Dalam hal PT KAI bertindak selaku
                                                                                          Instansi yang Memerlukan Tanah dan
                                                                                          Objek Pengadaan Tanah yang
                                                                                          dipergunakan sesuai dengan tugas dan
                                                                                          fungsi Pemerintahan, maka bentuk
                                                                                          Ganti Kerugian diberikan dalam bentuk
                                                                                          tanah dan/atau bangunan atau relokasi.
                                                                                          Sedangkan apabila Objek Pengadaan
                                                                                          Tanah merupakan yang dimiliki/dikuasai
                                                                                          oleh BUMN/BUMD/BUMDes, Objek
                                                                                          Pengadaan Tanah kas desa dan/atau
                                                                                          Objek Pengadaan Tanah dalam
                                                                                          Pengadaan Tanah bagi pembangunan
                                                                                          untuk Kepentingan Umum yang
                                                                                          dilaksanakan oleh Badan Usaha maka
                                                                                          Ganti Kerugian yang diberikan dalam
                                                                                          bentuk sebagaimana yang diatur dalam
                                                                                          Pasal 84 ayat (4) PP 39/2023; / If PT KAI
                                                                                          acts as the Agency Requiring Land and
                                                                                          the Land Procurement Object is used in
                                                                                          accordance with government duties
                                                                                          and functions, compensation is
                                                                                          provided in the form of land and/or
                                                                                          buildings or relocation. However, if the
                                                                                          Land Procurement Object is owned or
                                                                                          controlled by SOEs/Regional Owned
                                                                                          Enterprises/Village-Owned Enterprises,
                                                                                          or is village treasury land, or is in the
                                                                                          context of Land Procurement for public
                                                                                          interest projects carried out by a
                                                                                          Business Entity, the compensation is
                                                                                          provided in the form as regulated in
                                                                                          Article 84 paragraph (4) of PP 39/2023.




                        Laporan Tahunan dan Keberlanjutan
236                                                                                    PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 237
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                           Penyesuaian yang dilakukan KAI
       Judul Peraturan         Pokok Pengaturan                                                      Dampak Terhadap KAI
 No                                                            Adjustment information
       Regulation Name         Regulation Principal                                                     Impact on KAI
                                                                  conducted by KAI

                                                                                            e. Dalam hal PT KAI bertindak selaku
                                                                                               Pihak yang Berhak, maka perlu
                                                                                               memperhatikan ketentuan
                                                                                               sebagaimana diatur dalam Pasal 85A
                                                                                               apabila tidak ingin dianggap menolak
                                                                                               bentuk dan/atau besarnya Ganti
                                                                                               Kerugian dan uang Ganti Kerugian akan
                                                                                               dititipkan kepada Pengadilan Negeri; / If
                                                                                               PT KAI acts as the Entitled Party, it must
                                                                                               consider the provisions as regulated in
                                                                                               Article 85A to avoid being considered as
                                                                                               rejecting the form and/or amount of
                                                                                               Compensation, in which case the
                                                                                               Compensation funds will be deposited
                                                                                               with the District Court.

                                                                                            f. Dalam hal PT KAI bertindak selaku
                                                                                               Instansi yang Memerlukan Tanah, maka
                                                                                               dalam hal tertentu sebagaimana yang
                                                                                               diatur dalam Pasal 89 ayat (3) uang
                                                                                               ganti kerugian dapat dititipkan kepada
                                                                                               Pengadilan Negeri bersamaan dengan
                                                                                               dilakukannya permohonan penitipan
                                                                                               Ganti Kerugian; dan / If PT KAI acts as
                                                                                               the Agency Requiring Land, under
                                                                                               certain circumstances as regulated in
                                                                                               Article 89 paragraph (3), the
                                                                                               compensation funds can be deposited
                                                                                               with the District Court along with the
                                                                                               request for depositing the
                                                                                               Compensation.

                                                                                            g. Dalam hal PT KAI bertindak selaku
                                                                                               Pihak yang Berhak dan uang ganti
                                                                                               kerugian dititipkan ke Pengadilan
                                                                                               Negeri dikarenakan Objek Pengadaan
                                                                                               Tanah masih dipersengketakan, maka
                                                                                               uang ganti kerugian tersebut dapat
                                                                                               diterima oleh PT KAI apabila sudah
                                                                                               adanya putusan pengadilan yang telah
                                                                                               berkekuatan hukum tetap, sudah
                                                                                               adanya akta perdamaian, atau tuntutan
                                                                                               penguasaan dan/atau kepemilikan
                                                                                               tersebut menjadi hapus. / If PT KAI acts
                                                                                               as the Entitled Party and the
                                                                                               compensation funds are deposited with
                                                                                               the District Court because the Land
                                                                                               Procurement Object is still in dispute,
                                                                                               the compensation funds can be
                                                                                               received by PT KAI once a court decision
                                                                                               with permanent legal force has been
                                                                                               issued, a settlement deed has been
                                                                                               made, or the claim of control and/or
                                                                                               ownership is nullified.




                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                           237
                                                                    Annual and Sustainability Report
Page 238
                                        Analisis dan Pembahasan Management
                                        Management Discussion and Analysis




                                                                            Penyesuaian yang dilakukan KAI
        Judul Peraturan                   Pokok Pengaturan                                                                   Dampak Terhadap KAI
No                                                                              Adjustment information
        Regulation Name                   Regulation Principal                                                                  Impact on KAI
                                                                                   conducted by KAI

 2    Peraturan Pemerintah         PP ini mengubah beberapa                 Sesuai ketentuan Pasal 29 ayat (6)      a. PT KAI dapat memberikan upah lebih
      Nomor 51 Tahun 2023          ketentuan dalam PP Nomor 36              dan ayat (8) Peraturan Kerja               besar dari upah minimum kepada
      tentang Perubahan            Tahun 2021. Ruang lingkup                Bersama Periode Tahun 2024-2026            pekerja/buruh dengan masa kerja
      Atas Peraturan               perubahan PP Nomor 36 Tahun 2021         Antara PT Kereta Api Indonesia             kurang dari 1 (satu) tahun yang memiliki
      Pemerintah Nomor 36          ini mencakup perubahan atas              (Persero) dengan Serikat Pekerja           kualifikasi tertentu yang disyaratkan
      Tahun 2021 tentang           ketentuan mengenai formula               Kereta Api, Perusahaan melakukan           dalam jabatan. Yang dimaksud dengan
      Pengupahan (“PP              penghitungan Upah minimum,               penyesuaian kenaikan struktur              "kualifikasi tertentu" tersebut antara lain
      51/2023”) / Government       penetapan dan pemberlakuan Upah          upah berdasarkan peninjauan                pendidikan, kompetensi, dan
      Regulation Number 51         minimum, serta penguatan peran           upah secara berkala. / According to        pengalaman kerja yang dipersyaratkan
      of 2023 concerning           dewan pengupahan di daerah. / This       the provisions of Article 29,              untuk melaksanakan pekerjaan atau
      Amendments to                regulation amends several                paragraph (6) and paragraph (8) of         jabatan, dan atau persyaratan lain yang
      Government Regulation        provisions in Government                 the Collective Labor Agreement for         dibutuhkan oleh Perusahaan; dan / PT
      Number 36 of 2021 on         Regulation Number 36 of 2021. The        the Period 2024-2026 between PT            KAI may offer wages higher than the
      Wages ("PP 51/2023")         scope of the amendments includes         Kereta Api Indonesia (Persero) and         minimum wage to workers with less
                                   changes to the provisions regarding      the Railway Workers' Union, the            than one year of service who possess
                                   the formula for calculating              company makes adjustments to               certain qualifications required for their
                                   minimum wages, the determination         wage structure increases based on          position. The term "certain
                                   and implementation of minimum            periodic wage reviews.                     qualifications" refers to education,
                                   wages, and the strengthening of                                                     competencies, and work experience
                                   the role of wage councils in the                                                    necessary for the job or position, as well
                                   regions.                                                                            as other requirements needed by the
                                                                                                                       Company.

                                                                                                                    b. Ketika ada penetapan upah minimum
                                                                                                                       di beberapa wilayah, maka KAI harus
                                                                                                                       melakukan peninjauan upah pokok
                                                                                                                       untuk memastikan tidak ada yang
                                                                                                                       berada di bawah upah minimum dalam
                                                                                                                       penetapan upah. / When there is a
                                                                                                                       minimum wage determination in
                                                                                                                       various regions, KAI must conduct a
                                                                                                                       review of the base wages to ensure that
                                                                                                                       no employee's wages fall below the
                                                                                                                       established minimum wage.

 3    Peraturan Menteri            PM 19/2023 ini telah mengubah            Saat ini PT KAI sedang dalam            a. PT KAI harus memastikan bahwa
      Perhubungan Nomor            beberapa pasal yang mengatur             proses penyusunan Peraturan                PPKA dan PPK PT KAI sudah memiliki
      PM 19 Tahun 2023             bidang khusus tertentu, antara lain: /   Direksi tentang Tata Kelola                kompetensi dan kecakapan
      tentang Perubahan atas       PM 19/2023 has amended several           Sertifikasi Pekerja di Bidang              sebagaimana yang diatur dalam
      Peraturan Menteri            articles related to specific areas,      Operasional, Pemeriksaan dan               Pasal 3 Permenhub No. PM 19 Tahun
      Perhubungan Nomor            including:                               Perawatan Sarana dan Prasarana. /          2023, termasuk kompetensi yang
      PM 5 Tahun 2017                                                       PT KAI is currently in the process of      baru diatur berupa pemahaman
      tentang Sertifikasi          1) Standar kompetensi wajib yang         drafting a Directors' Regulation on        dalam mengoperasikan teknologi
      Kecakapan Pengatur              harus dipenuhi oleh Petugas           the Governance of Worker                   informasi; / PT KAI must ensure that
      Perjalanan Kereta Api           Perjalanan Kereta Api; /              Certification in the fields of             PPKA and PPK at PT KAI possess the
      dan Pengendali                  Mandatory competency                  Operations, Inspection, and                competencies and skills as outlined
      Perjalanan Kereta Api           standards that must be met by         Maintenance of Rolling Stock and           in Article 3 of Minister of
      (“PM 19/2023”) / Minister       Train Traffic Officers.               Infrastructure.                            Transportation Regulation No. PM 19
      of Transportation            2) Tata Cara Penerbitan Sertifikasi                                                 of 2023, including the newly
      Regulation Number PM            Kompetensi; / Procedures for                                                     regulated competency of
      19 of 2023 concerning           issuing competency                                                               understanding how to operate
      Amendments to                   certification.                                                                   information technology.
      Minister of                  3) Kewenangan pemegang
      Transportation                  Sertifikasi Kompetensi; /                                                     b. PT KAI dapat menunjuk pengawas
      Regulation Number PM            Authority of certification holders.                                              peron, petugas juru langsir, petugas
      5 of 2017 on Certification   4) Persyaratan untuk memperoleh                                                     rumah sinyal, dan petugas juru wesel
      of Competence for Train         Sertifikasi Kompetensi bagi                                                      sebagai asisten PPKA dengan
      Traffic Controllers and         penyelenggara prasarana                                                          persyaratan harus memiliki Sertifikat
      Train Dispatchers ("PM          perkeretaapian yang memiliki                                                     Kecakapan Asisten Pengatur
      19/2023")                       sistem operasional manual atau                                                   Perjalanan Kereta Api; / PT KAI may
                                      otomatis; / Requirements for                                                     appoint platform supervisors,
                                      obtaining competency                                                             shunting personnel, signal house
                                      certification for railway                                                        staff, and switch operators as
                                      infrastructure providers with                                                    assistants to PPKA, provided they
                                      manual or automatic                                                              have a Certificate of Competence for
                                      operational systems.                                                             Train Traffic Assistant.




                               Laporan Tahunan dan Keberlanjutan
238                                                                                                                 PT Kereta Api Indonesia (Persero)
                                 Annual and Sustainability Report
Page 239
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                               Penyesuaian yang dilakukan KAI
       Judul Peraturan           Pokok Pengaturan                                                       Dampak Terhadap KAI
 No                                                                Adjustment information
       Regulation Name           Regulation Principal                                                      Impact on KAI
                                                                      conducted by KAI

                           5) Pelaksanaan uji kompetensi                                        c. PT KAI harus memperhatikan
                              dalam rangka mendapatkan                                             batasan-batasan kewenangan yang
                              Sertifikasi Kompetensi; /                                            dimiliki setiap pemegang sertifikat
                              Implementation of competency                                         sesuai dengan jenisnya; / PT KAI must
                              testing for certification.                                           pay attention to the limitations of
                           6) Persyaratan pengangkatan                                             authority held by each certificate
                              asesor Petugas Perjalanan                                            holder according to their type.
                              Kereta Api; dan / Requirements
                              for appointing assessors for                                      d. Dengan dihapuskannya persyaratan
                              Train Traffic Officers.                                              PPKA harus merupakan pegawai
                           7) Kewajiban pemegang Sertifikasi                                       badan usaha penyelenggara sarana
                              Kompetensi. / Obligations of                                         perkeretaapian, maka PT KAI dapat
                              competency certification                                             mempekerjakan PPKA dan PPK yang
                              holders.                                                             berasal dari luar PT KAI, serta PPKA
                                                                                                   dan PPK dimungkinkan berasal dari
                                                                                                   lulusan sekolah dengan ijazah Paket
                                                                                                   C; / With the removal of the
                                                                                                   requirement that PPKA must be
                                                                                                   employees of a railway infrastructure
                                                                                                   company, PT KAI may employ PPKA
                                                                                                   and PPK from outside PT KAI, and
                                                                                                   PPKA and PPK may come from
                                                                                                   graduates with a Paket C diploma.

                                                                                                e. PPKA dan PPK dengan sistem
                                                                                                   pengoperasian prasana
                                                                                                   perkeretaapian dengan sistem
                                                                                                   pengoperasian otomatis
                                                                                                   dimungkinkan berasal dari lulusan
                                                                                                   sekolah menengah atas dengan
                                                                                                   ijazah Paket C; / PPKA and PPK
                                                                                                   working with railway infrastructure
                                                                                                   systems that operate automatically
                                                                                                   may be graduates with a Paket C
                                                                                                   diploma.

                                                                                                f. PT KAI harus mengajukan
                                                                                                   permohonan perpanjangan masa
                                                                                                   berlaku sertifikat kecakapan paling
                                                                                                   lambat 45 (empat puluh lima) hari
                                                                                                   sebelum sertifikat yang dimiliki PPKA
                                                                                                   dan PPK berakhir; / PT KAI must
                                                                                                   submit a request for extension of the
                                                                                                   validity period of the competence
                                                                                                   certificate no later than 45 days
                                                                                                   before the PPKA and PPK certificates
                                                                                                   expire.

                                                                                                g. Untuk mengajukan permohonan
                                                                                                   penggantian sertifikat yang rusak/
                                                                                                   hilang tidak perlu lagi melampirkan
                                                                                                   tanda bukti lulus mengikuti
                                                                                                   pendidikan dan pelatihan sesuai
                                                                                                   dengan sistem pengoperasian sarana
                                                                                                   perkeretaapian yang dimohon yang
                                                                                                   dilegalisir oleh badan hukum atau
                                                                                                   lembaga pendidikan dan pelatihan
                                                                                                   yang terakreditasi, serta surat
                                                                                                   keterangan dari unit kerja yang
                                                                                                   bersangkutan; / For requests to
                                                                                                   replace damaged or lost certificates,
                                                                                                   it is no longer necessary to attach
                                                                                                   proof of completion of education and
                                                                                                   training according to the requested
                                                                                                   railway infrastructure operational
                                                                                                   system, certified by a legal entity or
                                                                                                   accredited training institution, as
                                                                                                   well as a statement from the relevant
                                                                                                   work unit.




                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                           239
                                                                        Annual and Sustainability Report
Page 240
                                Analisis dan Pembahasan Management
                                Management Discussion and Analysis




                                                        Penyesuaian yang dilakukan KAI
        Judul Peraturan          Pokok Pengaturan                                                Dampak Terhadap KAI
No                                                          Adjustment information
        Regulation Name          Regulation Principal                                               Impact on KAI
                                                               conducted by KAI

                                                                                         h. Uji kompetensi yang akan diikuti oleh
                                                                                            PPKA/PPK dilaksanakan paling
                                                                                            lambat 15 (lima belas) hari kerja
                                                                                            setelah seluruh persyaratan dipenuhi.
                                                                                            Bagi PPKA/PPK yang lulus akan
                                                                                            diberikan sertifikat kecakapan paling
                                                                                            lambat 15 (lima belas) hari kerja dan
                                                                                            bagi yang tidak lulus akan diberikan
                                                                                            surat pemberitahuan dan dapat
                                                                                            mengikuti ujian Kembali; i. Sertifikat
                                                                                            asesor dan/atau tanda pengenal yang
                                                                                            rusak atau hilang dapat diajukan
                                                                                            permohonan penggantian sertifikat
                                                                                            kepada DJKA; dan j. PPKA dan PPK
                                                                                            harus mengikuti tes kesehatan 1
                                                                                            (satu) tahun sekali. / Competency
                                                                                            tests for PPKA/PPK should be
                                                                                            conducted no later than 15 working
                                                                                            days after all requirements are met.
                                                                                            PPKA/PPK who pass the test will
                                                                                            receive a certificate of competence
                                                                                            no later than 15 working days, and
                                                                                            those who do not pass will be given a
                                                                                            notification letter and may retake the
                                                                                            exam.




PERUBAHAN KEBIJAKAN AKUNTANSI                                  AMENDMENT IN ACCOUNTING POLICY

DSAK-IAI telah menerbitkan beberapa standar baru,              The DSAK-IAI has issued several new standards,
amandemen dan penyesuaian atas standar, serta                  amendments, and adjustments to standards, as well as
interpretasi atas standar namun belum berlaku efektif          interpretations of standards that are not yet effective for
untuk periode yang dimulai pada 1 Januari 2023.                periods beginning on or after January 1 st, 2023. The
Berikut amandemen dan penyesuaian atas standar yang            following amendments and adjustments to standards
berlaku efektif untuk periode yang dimulai pada atau           are effective for periods beginning on or after January
setelah 1 Januari 2023, dengan penerapan dini                  1 st, 2023, with early application permitted:
diperkenankan yaitu:

     a. Amandemen PSAK 1: Penyajian Laporan                       a. Amendment to PSAK 1: Presentation of Financial
        Keuangan tentang Pengungkapan Kebijakan                      Statements regarding Disclosure of Accounting
        Akuntansi;                                                   Policies;.
     b. Amandemen PSAK 16 : Aset Tetap tentang Hasil              b. Amendment to PSAK 16: Property, Plant, and
        sebelum Penggunaan yang Diintensifkan;                       Equipment regarding Proceeds before Intended
                                                                     Use;
     c. Amandemen PSAK 25: Kebijakan Akuntansi,                   c. Amendment to PSAK 25: Accounting Policies,
        Perubahan Estimasi Akuntansi, dan Kesalahan                  Changes in Accounting Estimates, and Errors
        tentang Definisi Estimasi Akuntansi;                         regarding the Definition of Accounting Estimates;
     d. Amandemen PSAK 46: Pajak Penghasilan tentang              d. Amendment to PSAK 46: Income Taxes regarding
        Pajak Tangguhan terkait Aset dan Liabilitas yang             Deferred Tax related to Assets and Liabilities arising
        timbul dari Transaksi Tunggal; dan                           from a Single Transaction; and
     e. Revisi PSAK 107: Akuntansi Ijarah.                        e. Revision to PSAK 107: Ijarah Accounting.

Implementasi standar-standar tersebut tidak memiliki           The implementation of these standards does not have
dampak yang material terhadap jumlah yang dilaporkan           a material impact on the amounts reported for the current
di tahun berjalan atau tahun sebelumnya.                       or previous years.




                          Laporan Tahunan dan Keberlanjutan
240                                                                                      PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 241
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PROSPEK USAHA 2024                                            BUSINESS PROSPECTS 2024
Proyeksi Makroekonomi                                         Macroeconomic Projections
Laporan World Economic Outlook (WEO) yang diterbitkan         The World Economic Outlook (WEO) report published
Dana Moneter Internasional (IMF) pada 10 Oktober 2023         by the International Monetary Fund (IMF) on October 10th,
memproyeksikan pertumbuhan ekonomi global di tahun            2023 projects that global economic growth in 2024 will
2024 akan mencapai sebesar 2,9%, turun 0,1% dari              reach 2.9%, down 0.1% from the projected global
proyeksi pertumbuhan ekonomi global tahun 2023 yang           economic growth in 2023 which will reach 3 %. Efforts to
mencapai sebesar 3%. Upaya pemulihan perekonomian             recover the economy after the Covid-19 pandemic which
pasca pandemi Covid-19 yang terus berlanjut pada 2024         will continue in 2024 will still be overshadowed by various
masih akan dibayangi berbagai kondisi ketidakpastian          conditions of global uncertainty, ranging from never-
global, mulai dari konflik geopolitik yang tak kunjung        ending geopolitical conflicts, weakening economic
usai, pertumbuhan ekonomi China dan Amerika Serikat           growth in China and the United States, volatility in
yang melemah, volatilitas harga komoditas, hingga             commodity prices, to the threat of climate change. These
ancaman perubahan iklim. Kondisi global tersebut, tentu       global conditions can certainly have a significant impact
dapat memberikan dampak yang signifikan pada                  on the Indonesian economy if the Government, regulators,
perekonomian Indonesia apabila Pemerintah, regulator,         industry players and other stakeholders do not prepare
pelaku industri dan pemangku kepentingan lainnya tidak        anticipatory steps.
menyiapkan langkah antisipatif.

Mengutip kajian keuangan yang dirilis oleh Otoritas Jasa      Citing financial studies released by the Financial Services
Keuangan         (OJK),    sebagian     besar    lembaga      Authority (OJK), most institutions project that Indonesia's
memproyeksikan pertumbuhan ekonomi Indonesia tahun            economic growth in 2024 will remain stable at around
2024 masih tetap stabil dikisaran 5%. Proyeksi World Bank     5%. The World Bank's projection is 4.9%, the Asian
sebesar 4,9%, Asian Development Bank (ADB) dan IMF            Development Bank (ADB) and IMF are 5.0% and the
sebesar 5,0% serta The Organization for Economic              Organization for Economic Cooperation and Development
Cooperation and Development (OECD) sebesar 5,2%.              (OECD) is 5.2%. The Indonesian government has set a
Adapun Pemerintah Indonesia telah menetapkan target           target for Indonesia's economic growth in 2024 at 5.2%.
pertumbuhan ekonomi Indonesia tahun 2024 sebesar              Indonesia's inflation is projected at 2.8% with the Rupiah
5,2%. Inflasi Indonesia diproyeksikan sebesar 2,8% dengan     exchange rate at around Rp15,000 per US dollar.
nilai tukar Rupiah pada kisaran Rp15.000 per dolar AS.



      Pertumbuhan Ekonomi                                          Suku Bunga SBN
      Economic Growth                                              SBN Interest Rate
                        5,2%        5,1%    5,1%-5,4%                              6,85 - 8,42%   6,8%        6,7%




                       2024         2023     2022                                    2024         2023       2022



       Inflasi
                                                                   B1 7DRR
       Inflation

                         2,8%        3,1%      3,0%                                6,85 - 8,42%   6,8%        6,7%




                        2024         2023      2022                                  2024         2023       2022




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             241
                                                                 Annual and Sustainability Report
Page 242
                                 Analisis dan Pembahasan Management
                                 Management Discussion and Analysis




                             TAC
                                                Rp 1,38 triliun          Rp 450 miliar           Rp 450 miliar
                                             (IMO Rp 1,41 trillion)   (IMO Rp 469 billion)    (IMO Rp 461 billion)




                                                    2024                   2023                      2022



         Nilai Tukar Rupiah (Rp/USD)
                                                                                   Public Service Obligation
         Rupiah Exchange Rate (Rp/USD)




                                              Rp14.500                                Rp4,48 triliun            Rp2,60 triliun       Rp 3,24 triliun
          15.000/USD      Rp 15.100/USD    (Rp14.900/USD)                          (LRT Rp 1,85 trillion)    (LRT Rp 71 trillion)   (Rp 3,24 trillion)




            2024              2023             2022                                          2024                    2023                2022


      Sumber:                                                            Source:
      *) RAPBN Tahun 2024                                                *) 2024 State Budget (RAPBN)
      **) APS Nomor:S-419/MBU/09/2023 tanggal 29 November 2023           **) APS Number: S-419/MBU/09/2023 dated November 29 th, 2023, regarding
      perihal pemegang salam untuk Penyusunan RAKP Tahun 2024            the holder of the mandate for the preparation of the 2024 Company Work
                                                                         Plan and Budget.

Mengantisipasi ketidakpastian ekonomi global yang turut                  Anticipating global economic uncertainty which also has
berdampak pada perekonomian nasional, arah bauran                        an impact on the national economy, the direction of Bank
kebijakan Bank Indonesia pada tahun 2024 mencakup                        Indonesia's policy mix in 2024 includes monetary policy
kebijakan moneter yang difokuskan pada stabilitas (pro-                  focused on stability (pro-stability) especially achieving
stability) khususnya pencapaian sasaran inflasi dan                      inflation targets and stability of the Rupiah exchange
stabilitas nilai tukar Rupiah.                                           rate.


STRATEGI TAHUN 2024                                                      2024 STRATEGY
Berdasarkan asumsi proyeksi makro ekonomi di atas, KAI                   Based on the macroeconomic projection assumptions
telah menetapkan strategi untuk tahun 2024                               above, KAI has established a strategy for the upcoming
mendatang. Berbagai isu strategis muncul dalam                           year 2024. Various strategic issues emerged in the
penyusunan RKAP 2024, salah satu yang terbesar ialah                     preparation of the 2024 RKAP, one of the biggest being
operasional penuh 2 proyek strategis nasional yaitu LRT                  the full operation of 2 national strategic projects, namely
Jabodebek dan Kereta Cepat Jakarta Bandung yang                          the Jabodebek LRT and the Jakarta-Bandung High-
diharapkan sudah dapat menghasilkan pendapatan                           Speed Rail, which are expected to generate revenue
sesuai target. Untuk menjawab sejumlah tantangan dan                     according to targets. To address a number of challenges
isu strategis tahun 2024, strategi KAI mencakup:                         and issues in 2024, KAI's strategy includes:
    1. Meningkatkan peran angkutan barang dalam                             1. Increasing the role of freight transportation in
        logistik   nasional    dan    peran   angkutan                           national logistics and the role of passenger
        penumpang,      serta   menyusun    road   map                           transportation, as well as developing an asset
        pengembangan pengelolaan aset;                                           management development roadmap;
    2. Mengoptimalkan operasi layanan kereta api yang                       2. Optimizing integrated train service operations by
        terintegrasi dengan peningkatan kapasitas                                increasing transport capacity and adding train
        angkut serta penambahan frekuensi KA dan                                 frequency while reducing travel time with the
        pengurangan waktu tempuh perjalanan kereta                               implementation of digitalization;
        api dengan menerapkan basis digitalisasi;
    3. Mendukung peningkatan angkutan penumpang                              3. Supporting the increase of passenger and freight
        dan angkutan barang dengan menghilangkan                                transportation by eliminating backlogs,
        backlog,




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                           Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       serta inovasi berkelanjutan dengan penerapan                 improving the performance of Rolling Stock and
       proses digitalisasi dalam perawatan dalam                    infrastructure, and continuous innovation with
       mendukung efisiensi biaya;                                   the implementation of digitalization processes in
                                                                    maintenance to support cost efficiency;
   4. Meningkatkan keselamatan dan keamanan                      4. Enhancing train travel safety and security through
      perjalanan kereta api melalui penguatan kultur                the strengthening of culture and values;
      dan budaya;
   5. Meningkatkan kompetensi SDM untuk menghadapi               5. Improving HR competencies to face changes and
      perubahan serta meningkatkan kesejahteraan                    enhancing employee welfare;
      pegawai;
   6. Melakukan kajian pengembangan bisnis dan                   6. Conducting business development studies and
      implementasinya seta menjalin kerjasamanya                    their implementation, as well as establishing
      dengan seluruh stakeholders untuk mendukung                   partnerships with all stakeholders to support
      pendapatan;                                                   revenue;
   7. Penguatan manajemen risiko, optimalisasi                   7. Strengthening risk management, optimizing
      penugasan     pemerintah      dan    optimalisasi             government assignments, and optimizing business
      pendanaan proses bisnis perusahaan;                           process funding;
   8. Menjalankan efisiensi yang terukur, dengan tetap           8. Executing measurable efficiency, while still paying
      memperhatikan keamanan dan keselamatan.matan                  attention to the safety and security of train travel
      dan keamanan perjalanan kereta api melalui                    through the strengthening of culture and values.
      penguatan kultur dan budaya;


STRATEGI KAI SESUAI RJPP                                     KAI STRATEGY IN ACCORDANCE WITH RJPP
Rencana bisnis KAI perlu dikembangkan selaras dengan         KAI's business plan needs to be developed in alignment
rencana strategis dan tema pengembangan pemerintah           with the strategic plans and development themes of the
sesuai dengan agenda transportasi nasional. Sebagai          government in accordance with the national
BUMN yang menjalankan bisnis di sektor transportasi,         transportation agenda. As a state-owned enterprise
rencana bisnis KAI harus dapat mengakomodasi rencana         (SOE) operating in the transportation sector, KAI's
strategis    Kementerian       BUMN,    Kementerian          business plan must accommodate the strategic plans of
Perhubungan, serta Rencana Induk Perkeretaapian              the Ministry of SOEs, the Ministry of Transportation, and
Nasional (RIPNAS).                                           the National Railway Master Plan (RIPNAS).

Sebagaimana tercantum dalam pembaharuan RIPNAS               As stated in the updated RIPNAS 2011-2030 published by
2011-2030 yang diterbitkan oleh Kemenhub pada tahun          the Ministry of Transportation in 2018, the goals and
2018, sasaran dan target penyelenggaraan perkeretaapian      targets for national railway operations by 2030 are: To
nasional 2030 adalah: Mewujudkan layanan transportasi        achieve railway transportation services with a market
perkeretaapian yang memiliki pangsa pasar penumpang          share of 7%-9% for passengers and 11%-13% for freight
sebesar 7%-9% dan barang sebesar 11%-13% dari                from the total national transportation services.
keseluruhan layanan transportasi nasional. Selain itu        Additionally, indirect impacts such as regional economic
dampak tidak langsung seperti peningkatan ekonomi            improvement, connectivity, and reduction in road
wilayah, konektivitas maupun penurun angka kecelakaan        transport accidents need to be considered.
transportasi darat perlu diperhatikan.

Arah pengembangan dan tema pembangunan yang                  The direction of development and construction themes
tertera dalam RIPNAS 2011-2030 adalah sebagai berikut:       outlined in RIPNAS 2011-2030 are as follows:
    1. Layanan kereta api yang optimal dengan prioritas          1. Optimal railway services with a priority on security
        keamanan dan keselamatan;                                   and safety;
    2. Teknologi kereta api yang modern dan ramah                2. Modern and environmentally friendly railway
        lingkungan;                                                 technology;
    3. Penyediaan kereta api nasional dengan good                3. Provision of national railways with good
        governance;                                                 governance;
    4. Pengembangan jaringan kereta api nasional                 4. Development of the existing national railway
        eksisting.                                                  network.
Sebagai operator utama kereta api, sangat penting untuk      As the primary railway operator, it is crucial for KAI to
KAI dapat menerjemahkan arah pengembangan tersebut           interpret these development directions in KAI's business
di dalam rencana bisnis KAI. Oleh karena itu, rencana        plan. Therefore, KAI's business plan must serve as a
bisnis KAI harus dapat menjadi katalis dalam mewujudkan      catalyst in realizing the Government's vision for the future
visi Pemerintah untuk masa depan sektor kereta api.          of the railway sector.




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                              Analisis dan Pembahasan Management
                              Management Discussion and Analysis




Menjawab amanah tersebut, KAI telah menetapkan              In response to this mandate, KAI has established its
program strategis 2024 dengan tema “Driving                 strategic program for 2024 with the theme “Driving
sustainability in the challenging era”.                     sustainability in the challenging era.”

Program Strategis yang difokuskan pada RKAP 2024 itu        Strategic Programs focused on RKAP 2024 include:
mencakup antara lain:
   1. Meningkatkan peran angkutan barang dengan                1. Increasing the role of freight transportation by
      melakukan pengembangan jasa gudang/terminal                 developing rail-based warehouse/terminal services,
      berbasis rel, konversi Kereta Bagasi biasa menjadi          converting ordinary baggage trains into
      Kereta Bagasi Berpendingin untuk distribusi hasil           refrigerated baggage trains for the distribution of
      perikanan, Transformasi Model Bisnis KAI Cargo              fishery products, transforming KAI Cargo's
      dari Pola Layanan Station-to-Station (S2S) menjadi          business model from Station-to-Station (S2S)
      End-to-End (E2E) melalui kolaborasi antar                   service patterns to End-to-End (E2E) through
      logistics player, serta melakukan investasi                 collaboration among logistics players, and
      pengadaan sarana terutama untuk mendukung                   investing in the procurement of Rolling Stock
      peningkatan angkutan batubara di Sumatera                   primarily to support the increase in coal
      Selatan;                                                    transportation in South Sumatra;
   2. Mengoptimalkan angkutan penumpang melalui                2. Optimizing passenger transportation through
      Inovasi produk kereta untuk meningkatkan                    product innovation to enhance customer
      pengalaman pelanggan sehingga membentuk                     experience, creating better customer journeys,
      customer journey yang lebih baik, menciptakan               generating satisfaction and loyalty, and even acting
      kepuasan dan tingkat loyalitas pelanggan bahkan             as company advocates;
      lebih dari itu dapat berperan sebagai advocate
      Perusahaan;
   3. Mengoptimalkan pendapatan non angkutan                   3. Optimizing non-transportation revenue by
      dengan menyusun road map pengembangan                       developing an asset management roadmap,
      pengelolaan       asset,    melanjutkan     upaya           continuing efforts to generate revenue from utility
      menghasilkan pendapatan dari pemanfaatan                    utilization, both through maintenance of existing
      utilitas, baik melalui maintenance mitra/utilitas           partners/utilities and new partners/utilities, and
      yang sudah ada, maupun mitra/utilitas baru, serta           increasing the asset value through the repair/
      melakukan peningkatan nilai jual aset melalui               renovation of strategic assets that are no longer
      perbaikan/renovasi aset strategis yang sudah tidak          viable, thus attracting potential partners;
      layak sehingga diharapkan dapat menarik minat
      calon mitra;
   4. Mengoptimalkan operasi layanan kereta api yang           4. Optimizing train service operations with integrated
      terintegrasi dengan peningkatan kapasitas                   transport capacity increases, adding train
      angkut serta penambahan frekuensi KA dan                    frequency, and reducing travel time by
      pengurangan waktu tempuh perjalanan kereta                  implementing digitalization;
      dengan menerapkan basis digitalisasi;
   5. Mendukung peningkatan angkutan penumpang                 5. 5. Supporting the increase of passenger and freight
      dan angkutan barang dengan menhilangkan                     transportation by eliminating backlogs, increasing
      backlog,      peningkatan      kecepatan    lintas,         track speed, improving the performance and
      peningkatan performa dan kualitas sarana dan                quality of Rolling Stock and infrastructure, and
      prasarana serta inovasi berkelanjutan dengan                continuous         innovation        through      the
      penerapan proses digitalisasi dalam perawatan               implementation        of     digital   processes    in
      dalam mendukung efisiensi biaya;                            maintenance to support cost efficiency;
   6. Meningkatkan keselamatan dan keamanan                    6. Enhancing train travel safety and security through
      perjalanan kereta api melalui penguatan kultur              strengthening culture and values, and innovating
      dan budaya, serta dengan melakukan inovasi                  with the digitalization of track inspection processes,
      Digitalisasi Proses Pemeriksaan Jalan Rel dan               accelerating maintenance activities, and speeding
      mempercepat proses kegiatan perawatan,                      up rail detection methods to minimize rail breaks
      Percepatan Metode Pendeteksi Rel untuk                      with Ultrasonic Flaw Detector;
      Meminimalisir Rel Putus dengan Ultrasonik Flaw
      Detector;
   7. Meningkatkan kompetensi SDM untuk menghadapi             7. Improving HR competencies to face changes and
      perubahan serta meningkatkan kesejahteraan                  enhancing employee welfare;
      pegawai;
   8. Melakukan kajian pengembangan bisnis dan                 8. Conducting business development studies and
      implementasinya seta menjalin kerjasamanya                  their    implementation      and    establishing
      dengan seluruh stakeholders untuk mendukung                 collaborations with all stakeholders to support
      pendapatan;                                                 revenue;




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   9. Melakukan kajian pengembangan bisnis dan                    9. Conducting business development studies and
      implementasinya serta menjalin kerjasamanya                    their    implementation      and    establishing
      dengan seluruh stakeholders untuk mendukung                    collaborations with all stakeholders to support
      pendapatan;                                                    revenue.

Melanjutkan sejumlah program pada 2023, KAI akan              Continuing several programs from 2023, KAI will continue
melanjutkan investasi peremajaan sarana 612 kereta K1         to invest in the rejuvenation of 612 K1 and K3 train cars,
dan K3, 11 KA Luxury, 4 KA Panoramic, modernisasi kereta      11 Luxury Trains, 4 Panoramic Trains, the modernization
ekonomi menjadi Kereta Ekonomi New Generation yang            of economy trains into New Generation Economy Trains
telah ada di tahun 2023, serta pengadaan kereta baru          that were introduced in 2023, as well as the procurement
Jepang 3TS, dan kereta baru Retrofit 19 TS (4 TS di tahun     of new 3TS Japanese trains, 19 TS new Retrofit trains (4
2024) dan Kereta baru INKA sebanyak 24 TS yang                TS in 2024), and 24 new INKA trains procured by KAI
dilakukan oleh KAI Commuter. Semuanya dilakukan               Commuter. All of these efforts are aimed at improving
dalam rangka meningkatkan pelayanan kepada seluruh            services for all railway transportation users. KAI will also
pengguna jasa transportasi kereta api. KAI juga mulai         start investing in 54 locomotives, 225 units of 54-ton
melakukan investasi 54 Lokomotif, 225 unit Gerbong Datar      Flatbed Wagons (GD), and 1,164 units of 54-ton BM Flatbed
(GD) 54 Ton , 1164 unit Gerbong Datar (GD) BM 54 Ton,         Wagons, with investments spread over multiple years
secara multiyears hingga tahun 2025/2026.                     until 2025/2026.

Selain berinvestasi, KAI mengupayakan berbagai macam          In addition to investing, KAI is striving for various
inovasi dan program strategis untuk mendukung core            innovations and strategic programs to support its core
bisnis seperti penambahan KA baru, rerouting KA,              business, such as adding new trains, rerouting trains,
percepatan waktu tempuh KA, perbaikan dan                     accelerating train travel times, improving and adding
penambahan layanan stasiun untuk mendukung layanan            station services to support passenger transportation
angkutan penumpang kepada pelanggan. KAI juga                 services. KAI is also preparing long-term and short-term
mempersiapkan sarana dan prasarana jangka panjang             Rolling Stock and infrastructure, including increasing the
dan pendek salah satunya dengan cara penambahan               loading/unloading capacity, adding train sets, adding
kapasitas jumlah KA loading/unloading, penambahan             open wagons (GB), and raising tariffs to increase freight
train set KA, penambahan gerbong terbuka (GB),                revenue. The target for increasing non-transportation
kenaikan tarif untuk meningkatkan pendapatan                  revenue is also being pursued through the digitalization
angkutan barang. Target peningkatan non angkutan juga         of non-transportation businesses, utility optimization, and
dilakukan dengan cara digitalisasi bisnis non angkutan,       the management of advertising at stations and on
optimalisasi utilitas, pengelolaan periklanan di stasiun      Jabodebek LRT Rolling Stock.
dan sarana LRT Jabodebek.

Berbagai langkah akan terus diupayakan yang mengarah          Various efforts will continue to be made towards safety,
pada keselamatan, ketepatan waktu, pelayanan dan              punctuality, service, and comfort with the hope that KAI
kenyamanan dengan harapan KAI akan tumbuh menjadi             will continue to grow better every year. KAI is also always
lebih baik lagi setiap tahunnya. KAI juga selalu siap         ready to seek opportunities and face challenges in this
dalam mencari peluang dan menghadapi tantangan di             new business era to become the Best Transportation
era bisnis baru ini untuk dapat menjadi Solusi Ekosistem      Ecosystem Solution for Indonesia, providing the best
Transportasi Terbaik untuk Indonesia, memberikan              transportation services for the community.
layanan transportasi terbaik bagi masyarakat.




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                                  Analisis dan Pembahasan Management
                                  Management Discussion and Analysis




PERBANDINGAN TARGET DAN REALISASI
TAHUN 2023 SERTA PROYEKSI TAHUN 2024
COMPARISON OF TARGET AND REALIZATION IN 2023 AND PROJECTIONS IN 2024

Target dan Realisasi Tahun 2023 dan Proyeksi 2024                    Targets and Realizations for 2023 and Projections for
                                                                     2024
(Dalam ribuan rupiah)                                                (In thousand rupiah)



                                                                            Pencapaian terhadap
                                                    Realisasi 2023
             Uraian                Target 2023                                    Target (%)               Proyeksi 2024
                                                    Realization in
           Description            Targets in 2023                           Achievement to Target        Projection in 2024
                                                         2023
                                                                                     (%)


  Posisi Keuangan Financial Position


  Aset lancar
                                   10.631.487.787   13.023.841.719                     122,5               10.935.000.000
  Current asset

  Aset tidak lancar
                                  84.302.068.664    68.350.471.654                     81,1                84.015.000.000
  Non-current asset

  Total aset
                                   94.933.556.451   81.374.313.373                     85,7                94.950.000.000
  Total assets

  Liabilitas jangka pendek
                                   9.267.946.586    17.921.316.180                    193,4                10.523.000.000
  Short-term liabilities

  Liabilitas Liabilitas jangka
  panjang                          52.605.204.922   32.546.859.952                     61,9                49.217.000.000
  Long-term liabilities

  Total liabilitas
                                   61.873.151.508   50.468.176.132                     81,6                59.739.000.000
  Total liabilities

  Total ekuitas
                                   33.060.404.943   30.906.137.241                     93,5                35.210.000.000
  Total equity

  Laba Rugi Profit or Loss

  Pendapatan
                                   28.020.594.170   35.106.535.574                     125,3               33.162.000.000
  Income

  Beban usaha
                                   24.100.520.639   27.018.520.240                     112,1                27.565.122.617
  Operating expense

  Laba (rugi) usaha
                                    3.920.073.531   3.860.802.548                      98,5                 5.597.095.530
  Operating profit (loss)

  Laba (rugi) tahun berjalan
                                    1.735.899.562    1.871.548.137                    107,8                 1.215.817.390
  Profit (loss) for the year

  Rasio Keuangan (%) Financial Ratio (%)

  Rasio kas
                                       44,54            28,67                          64,4                     33,2
  Cash ratio

  Rasio lancar
                                       114,71           72,67                          63,4                     103,9
  Cash ratio


  Return on Equity (ROE)                5,53             11,82                         213,7                    3,46


  Return on Investment
                                        8,63             7,58                          87,9                     12,49
  (ROI)




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246                                                                                            PT Kereta Api Indonesia (Persero)
                              Annual and Sustainability Report
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                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Perbandingan Target dan Realisasi serta Proyeksi Aset            Comparison of Targets and Realization and Asset
                                                                 Projections
Pada tahun 2023, realisasi total aset lancar Persero             In 2023, the realization of the Company's total current
mencapai Rp13,02 triliun atau 122,5% terhadap target             assets reached Rp13.02 trillion, or 122.5% of the target of
sebesar Rp10,63 triliun dengan rincian sebagai berikut.          Rp10.63 trillion with the following details.

Realisasi kas dan setara kas mencapai Rp5,14 triliun atau        Realization of cash and cash equivalents reached Rp5.14
124,50% terhadap target sebesar Rp4,13 triliun. Realisasi        trillion or 124.50% of the target of RP4.13 trillion. The
di atas target disebabkan masih terdapatnya dana sinking         realization was above the target because there were still
fund atas penyesuaian tarif batubara porsi tahun 2023            funds sinking fund regarding adjustments to coal tariffs
yang belum dilakukan pemisahan rekening karena masih             for the 2023 portion of which accounts have not yet been
menunggu penyesuaian regulasi dan kepastian                      separated because they are still waiting for regulatory
perhitungan.                                                     adjustments and calculation certainty.

Realisasi piutang (setelah dikurangi penyisihan piutang          Realization of receivables (after deducting the allowance
ragu-ragu) sebesar Rp1,93 triliun atau 92,6% terhadap            for doubtful accounts) was RP1.93 trillion or 92.6% of the
target sebesar Rp2,09 triliun. Realisasi di bawah target         target of RP2.09 trillion. Realization was below target due
dikarenakan adanya beberapa cadangan tambahan yang               to several additional reserves applied to trade receivables
diterapkan pada piutang usaha sesuai dengan umurnya.             according to their age.

Realisasi persediaan sebesar Rp1,53 triliun atau 113,8%          Inventory realization amounted to RP1.53 trillion or 113.8%
terhadap target sebesar Rp1,34 triliun. Realisasi di atas        of the target of RP1.34 trillion. The realization above the
anggaran diantaranya disebabkan adanya pembelian                 budget was partly due to the purchase of supplies for
persediaan untuk perawatan sarana dan prasarana yang             maintenance of Rolling Stock and infrastructure which
belum dilakukan pada akhir tahun sehingga belum                  had not been carried out at the end of the year so they
digunakan pada tahun 2023.                                       would not be used in 2023.

Adapun aset lancar lainnya sebesar Rp4,43 triliun atau           Meanwhile, other current assets amounted to RP4.43 trillion
143,9% terhadap anggarannya sebesar Rp3,07 triliun.              or 143.9% of the budget of RP3.07 trillion. The reason the
Penyebab realisasi di atas target ialah penyerapan               realization is above the target is that LRT investment
investasi LRT masih di bawah anggaran sehingga dana              absorption is still below budget so that the PMN funds
PMN yang diterima pada tahun 2021 juga belum                     received in 2021 have not been used optimally. Apart from
digunakan secara optimal. Selain itu, masih terdapat sisa        that, there are still remaining PMN funds for capital
dana PMN untuk setoran modal proyek KCJB.                        payments for the KCJB project.

Untuk tahun 2024, Perseroan memproyeksikan total aset            For 2024, the Company projects total assets of RP94.95
sebesar Rp94,95 triliun, tidak jauh berbeda dari realisasi       trillion, not much different from the realization in 2023
tahun 2023 dengan pertimbangan masih adanya                      considering that there is still a loss contribution from
kontribusi rugi dari operasional LRT Jabodebek dan KCJB          the operations of the Jabodebek LRT and Whoosh KCJB.
Whoosh.

Perbandingan Target dan Realisasi serta Proyeksi                 Comparison of Targets and Realized and Projected
Liabilitas                                                       Liabilities
Realisasi total liabilitas Perseroan pada tahun 2023             In 2023, the Company's total liabilities reached Rp50.47
mencapai Rp50,47 triliun atau 81,57% dari target Rp61,87         trillion, or 81.57% of the target of Rp61.87 trillion. Short-
triliun. Realisasi liabilitas jangka pendek sebesar Rp17,92      term liabilities amounted to Rp17.92 trillion, or 193.4% of
triliun atau 193,4% terhadap target sebesar Rp9,27 triliun.      the target of Rp9.27 trillion. The achievement above the
Realisasi di atas target tersebut dikarenakan realisasi biaya    target was due to the realization of operational expenses,
usaha dalam kegiatan operasional, pembayaran ke vendor           including payments to vendors that were not yet due
yang belum jatuh tempo berdasarkan Term Of Payment               based on the Term of Payment (TOP).
(TOP).

Sedangkan liabilitas jangka panjang Perseroan sebesar            Meanwhile, the Company's long-term liabilities amounted
Rp32,55 triliun atau 61,9% terhadap target sebesar Rp52,60       to RP32.55 trillion or 61.9% of the target of RP52.60 trillion.
triliun. Realisasi di target tersebut disebabkan belum           The realization of this target was due to the unrealized
terealisasinya pencairan investasi yang bersumber dari           disbursement of investment originating from long-term
pinjaman jangka panjang misalnya investasi LRT                   loans, for example the Jabodebek LRT investment or
Jabodebek maupun pinjaman jangka panjang untuk                   long-term loans for needs. Cash Deficiency Support
kebutuhan Cash Deficiency Support (CDS) KCJB Whoosh.             (CDS) KCJB Whoosh.




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                                Analisis dan Pembahasan Management
                                Management Discussion and Analysis




Untuk tahun 2024, Perseroan memproyeksikan total                 For 2024, the Company projects total liabilities of Rp59.74
liabilitas sebesar Rp59,74 triliun atau 118,37% dari realisasi   trillion or 118.37% of the 2023 realization, taking into
tahun 2023 dengan pertimbangan masih tingginya                   account the Company's still high short-term liabilities.
liabilitas jangka pendek Perseroan.

Perbandingan Target dan Realisasi serta Proyeksi                 Comparison of Targets and Realization and Equity
Ekuitas                                                          Projections
Pada tahun 2023, realisasi total ekuitas sebesar Rp30,91         In 2023, the realization of total equity will be Rp30.91
triliun, setara 93,48% dari target RKAP 2023 sebesar             trillion, equivalent to 93.48% of the 2023 RKAP target of
Rp33,06 triliun. Hal tersebut terutama disebabkan oleh           Rp33.06 trillion. This is mainly due to the non-realization
belum terealisasinya PMN atas kegiatan investasi                 of PMN for investment activities assigned by the
penugasan Pemerintah.                                            Government.

Untuk tahun 2023, Perseroan memproyeksikan total                 For 2023, the Company projects total equity of Rp35.21
ekuitas sebesar Rp35,21 triliun atau lebih tinggi 13,91%         trillion or 13.91% higher than the realization in 2023, taking
dari realisasi tahun 2023, dengan pertimbangan adanya            into account the achievement of profit in 2024 which
capaian laba tahun 2024 yang memberikan kontribusi               will contribute to KAI's equity.
bagi ekuitas KAI.

Perbandingan Target dan Realisasi serta Proyeksi                 Comparison of Targets and Realized and Projected
Pendapatan                                                       Income
Realisasi pendapatan KAI tahun 2023 mencapai Rp35,11             KAI's realized revenue in 2023 reached RP35.11 trillion,
triliun, setara dengan 125,29% target RKAP 2023 sebesar          equivalent to 125.29% of the 2023 RKAP target of RP28.02
Rp28,02 triliun. Realisasi total pendapatan Perseroan            trillion. The realization of the Company's total revenue
diatas target terutama disebabkan oleh realisasi                 above the target was mainly due to the realization of
pendapatan angkutan penumpang dan angkutan barang                passenger and freight transportation revenues above the
di atas target yang ditetapkan. Pendapatan angkutan              set targets. Realized passenger transportation revenue
penumpang terealisasi sebesar Rp9,94 triliun atau setara         amounted to RP9.94 trillion or equivalent to 105.2% of
dengan 105,2% target sebesar Rp9,45 triliun, disebabkan          the target of RP9.45 trillion, due to the increase in
bertambahnya okupansi penumpang di masa-masa high                passenger occupancy during the period. high season such
season seperti liburan sekolah maupun hari raya.                 as school holidays or holidays. Whereas For 2024, the
Sedangkan          untuk     tahun    2024,   Perseroan          Company projects total revenue of RP33.16 trillion, or
memproyeksikan total pendapatan sebesar Rp33,16 triliun,         94.46% of the realization in 2023 taking into account
atau 94,46% dari realisasi tahun 2023 dengan                     ongoing efforts to improve services in freight
mempertimbangkan masih berjalannya upaya-upaya                   transportation in order to achieve targets.
peningkatan layanan pada angkutan barang agar mampu
mencapai target.

Perbandingan Target dan Realisasi serta Proyeksi Laba/           Comparison of Targets and Realization and Profit/Loss
Rugi                                                             Projections
Realisasi laba/rugi tahun berjalan Perseroan pada tahun          The Company's realized profit/loss for the current year
2023 mencapai Rp1,87 triliun atau setara dengan 107,81%          in 2023 reached RP1.87 trillion or equivalent to 107.81%
dari target RKAP 2023 sebesar Rp1,74 triliun. Hal tersebut       of the 2023 RKAP target of RP1.74 trillion. This was mainly
terutama disebabkan oleh kenaikan pendapatan                     due to the increase in the Company's revenue which
Perseroan yang melampaui target.                                 exceeded the target.

Perbandingan Target dan Realisasi serta Proyeksi ROI             Comparison of Target and Realization and ROI
                                                                 Projections
Pada tahun 2023, realisasi ROI sebesar 7,58% atau 21,17%         In 2023, the realization of ROI was 7.58%, which was 21.17%
di bawah target ROI pada RKAP sebesar 8,63%. Tidak               below the RKAP target ROI of 8.63%. The shortfall in ROI
tercapainya realiasi ROI di bawah target terutama                was primarily due to the increased value of the Company's
disebabkan oleh meningkatnya nilai aset Perseroan.               assets. For 2024, the Company projects an ROI of 12.49%,
Untuk tahun 2024, Perseroan memproyeksikan ROI                   equivalent to 164.78% of the 2023 realization, considering
sebesar 12,49%, atau setara dengan 164,78% realisasi             the operations of KCJB, LRT Jabodebek, and the addition
tahun 2023 dengan pertimbangan sudah beroperasinya               of train services.
KCJB, LRT Jabodebek, dan penambahan layanan kereta.




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                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                     Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Perbandingan Target dan Realisasi serta Proyeksi                     Comparison of Targets and Realization and
Produksi                                                             Production Projections


                                                                                        Pencapaian
               Uraian                  Target 2023             Realisasi 2023       terhadap Target (%)         Proyeksi 2024
             Description              Targets in 2023        Realization in 2023      Achievement to          Projection in 2024
                                                                                         Target (%)


  Passenger Transport (in Person) Passenger Transport (in Person)


  KA Utama Kelas Eksekutif
                                        14.904.054               16.427.176                110,22                 18.713.274
  Main Train-Executive Class

  KA Utama Kelas Bisnis
                                         1.603.872                1.642.947                102,44                  1.719.635
  Main Train-Business Class

  KA Utama Kelas Ekonomi
                                        26.000.349               27.233.710                104,74                28.286.026
  Main Train-Economy Class

  KA Lokal Ekonomi
                                        339.581.203              343.472.771               101,15                397.502.554
  Local Train-Economy Class

  Volume Angkutan Penumpang
                                        382.089.477             388.776.604                101,75%                440.119.526
  Passenger Transport Volume

  Freight Train Transport (in Tons) Freight Train Transport (in Tons)

  Batu Bara Coal                        50.584.451               51.107.520                101,03                55.544.848

  Peti Kemas Container                   5.016.630               4.661.449                 92,92                  5.315.600


  BBM Fuel                               2.458.200               2.592.060                 105,45                 2.544.360


  Semen Cement                           3.774.072                4.130.146                109,43                 3.796.600

  General Cargo dan Barang
  Hantaran Potongan (BHP)
                                          368.300                  228.631                 62,08                   265.110
  General Cargo and Delivery
  Freight Unit (BHP)

  Lainnya Others                          859.949                 1.065.159                123,86                  852.630

  Volume Angkutan KA Barang
                                        63.061.602               63.694.966                101,00                 68.319.000
  Freight Train Transport Volume


Perbandingan Target dan Realisasi serta Proyeksi                     Comparison of Targets and Realizations and Projections
Volume Angkutan Penumpang                                            of Passenger
Pada tahun 2023, realisasi volume angkutan penumpang                 In 2023, the realization of passenger transport volume
sebanyak 388.776.604 orang, di atas 101,75% dari target              was 388,776,604 people, exceeding 101.75% of the RKAP
RKAP 2023 sebanyak 382.089.477 orang.                                2023 target of 382,089,477 people.

Perbandingan Target dan Realisasi serta Proyeksi                     Comparison of Targets and Realizations and Projections
Volume Angkutan KA Barang                                            of Freight Train
Pada tahun 2023, realisasi volume angkutan KA barang                 In 2023, the realization of the volume of freight train
adalah sebesar 63.694.966 ton atau 101% dibandingkan                 transportation is 63,694,966 tons or 101% compared to
target RKAP 2023 yang sebesar 63.061.603 ton. Hal                    the 2023 RKAP target of 63,061,603 tons. This is mainly
tersebut terutama disebabkan oleh meningkatnya                       due to the increasing volume of fuel and cement
volume angkutan BBM dan semen mengikuti                              transportation following market demand.
permintaan pasar.




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                               Analisis dan Pembahasan Management
                               Management Discussion and Analysis




TINJAUAN FUNGSI PENUNJANG BISNIS
OVERVIEW OF BUSINESS SUPPORT FUNCTIONS

Pemanfaatan Teknologi Informasi (TI) memiliki peran               The use of Information Technology (IT) has a very
sangat penting dalam kegiatan bisnis KAI. Implementasi            important role in KAI's business activities. Optimal IT
TI yang optimal dapat meningkatkan kinerja operasional            implementation can improve the Company's operational
Perseroan sehingga menjadi lebih produktif dan berdaya            performance so that it becomes more productive and
saing di tengah ketatnya kompetisi industri transportasi          competitive amidst the tight competition in the
di Indonesia. Upaya peningkatkan kinerja KAI senantiasa           transportation industry in Indonesia. Efforts to improve
berorientasi pada keselamatan, ketepatan waktu,                   KAI's performance are always oriented towards safety,
pelayanan, dan kenyamanan melalui implementasi                    timeliness,   service    and   comfort    through    the
rencana kerja berbasis TI. Meskipun demikian, KAI                 implementation of IT-based work plans. However, KAI
memahami bahwa manfaat penggunaan TI selalu disertai              understands that the benefits of using IT are always
dengan risiko yang perlu diantisipasi secara serius. Untuk        accompanied by risks that need to be seriously
itu, KAI telah menerapkan Tata Kelola TI yang baik agar           anticipated. For this reason, KAI has implemented good
memperoleh nilai manfaat secara optimal, sekaligus                IT Governance in order to obtain optimal benefit value,
mengelola risiko-risiko yang mungkin timbul. Hingga akhir         while managing risks that may arise. Until the end of
tahun 2023, KAI telah menerapkan pengelolaan TI secara            2023, KAI has implemented good IT management with
baik dengan dukungan infrastruktur dan Tata Kelola                the support of strong infrastructure and Information
Teknologi Informasi yang kuat.                                    Technology Governance.


Realisasi Rencana Kerja Berbasis TI                               Realization of IT-Based Work Plans

            Implementasi Face Recognition
            Layanan pengenalan wajah untuk mempermudah kebutuhan boarding penumpang kereta api jarak jauh
            Implementasi Face Recognition
            Facial recognition service to simplify the boarding needs of long-distance train passengers

            Non transport Business Planning & Asset Commercialization Management System
            KAI mengembangkan Railway Asset Management System Fase I yang mengimplementasikan teknologi Low Code
            dan melakukan upgrade sistem ArcGis
            Non transport Business Planning & Asset Commercialization Management System
            KAI developed the Railway Asset Management System Phase I which implemented Low Code technology and
            upgraded the ArcGis system;

            Pengembangan Railway Management System tahap 2
            Redesign aplikasi Direktorat Operasi untuk mendukung administrasi Perjalanan KA
            Development of Railway Management System stage 2
            Redesign of the Operations Directorate application to support train travel administration

            Pengembangan Railway Management System tahap 2
            Redesign aplikasi Direktorat Operasi untuk mendukung administrasi Perjalanan KA
            Development of Railway Management System stage 2
            Redesign of the Operations Directorate application to support train travel administration

            Optimalisasi Sales Management System (KAI Access)
            Optimalisasi ini ditujukan untuk pengembangan Revamp KAI Access guna peningkatan pelayanan pelanggan
            Optimization of Sales Management System (KAI Access)
            This optimization is aimed at developing the KAI Access Revamp to improve customer service

            Implementasi Firebase Analytics pada Access by KAI
            Ditujukan untuk memberikan user experience baru pada pelanggan
            Implementasi Firebase Analytics pada Access by KAI
            Intended to provide user experience new to the customer

            Optimalisasi Big Data dan Dashboard Management
            Ditujukan untuk monitoring dan menampilkan data secara visual
            Big data Optimization and Dashboard Management
            Intended for monitoring and displaying data visually




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                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




            Implementasi Master Data Management System (MDM),
            Implementasi ini termasuk mengidentifikasikan katalog data, melakukan klasifikasi data, dan implementasi
            master data management tool untuk modul integration dan data katalog Ditujukan untuk monitoring dan
            menampilkan data secara visual
            Implementasi Master Data Management System (MDM),
            This implementation includes identifying data catalogues, data classification, and implementation master data
            management tool for modul integration and catalog data

            Implementasi API Management System
            Implementation of API Management System

            Penguatan Network dengan implementasi SDWAN
            Network strengthening with SDWAN implementation

            Improvisasi Security Operations Center (SOC)
            Improvisasi Security Operations Center (SOC)

            Implementasi Endpoint Detection and Response (EDR)
            Ditujukan agar Divisi Sistem Informasi proaktif terhadap insiden keamanan pada perangkat endpoint
            Implementasi Endpoint Detection and Response (EDR)
            It is intended that the Information Systems Division be proactive regarding security incidents on devices endpoint



Dalam implementasinya pada kegiatan operasional                   In its operational activities, the utilization of IT at KAI has
Perseroan, pemanfaatan TI di KAI juga telah memenuhi              also complied with applicable regulations through the
regulasi yang berlaku melalui penerapan Tata Kelola               implementation of IT Governance. Further explanation
Teknologi Informasi. Penjelasan lebih lanjut terdapat pada        can be found in the Information Technology Governance
bagian Tata Kelola Teknologi Informasi.                           section

Capaian    Sesuai   Masterplan                  Teknologi         Achievements According to the 2020-2024
Informasi 2020- 2024                                              Information Technology Masterplan

                                                                                                              Capaian
  NO     Uraian Description
                                                                                                              Achievement

         Railway Management System untuk redesign aplikasi Direktorat Operasi untuk perjalanan KA
   1                                                                                                                100%
         Facial recognition service to simplify the boarding needs of long-distance train passengers

         Master Data Management untuk Pengembangan Master Data Management berdasarkan area
   2     pada Data Governance                                                                                       100%
         Facial recognition service to simplify the boarding needs of long-distance train passengers

         Non Transport Business Planning & Asset Commercialization Management System untuk
   3     Pengembangan Railway Aset Management System dengan map ArcGis                                              100%
         Facial recognition service to simplify the boarding needs of long-distance train passengers

         Optimalisasi Sales Management System untuk Pengembangan Rail Cargo System, Revamp KAI
   4     Access                                                                                                     100%
         Facial recognition service to simplify the boarding needs of long-distance train passengers

         Pembangunan Data Center baru sesuai kajian tier 3
   5                                                                                                                100%
         Facial recognition service to simplify the boarding needs of long-distance train passengers

         Oracle Exadata Cloud at Customer Layanan Oracle Exadata cloud
   6                                                                                                                100%
         Facial recognition service to simplify the boarding needs of long-distance train passengers

         Dukungan Transformasi Digital untuk mempersiapkan infrastruktur IT untuk keperluan
   7     implementasi transformasi digital                                                                         82,21%
         Facial recognition service to simplify the boarding needs of long-distance train passengers




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                                 Analisis dan Pembahasan Management
                                 Management Discussion and Analysis




Berdasarkan Asesmen Indonesia Industry Readiness                 Based on the Indonesia Industry Readiness Index 4.0 (INDI
Index 4.0 (INDI 4.0) Assessment yang dilakukan pada              4.0) Assessment conducted in 2022 by Assessors from
tahun 2022 oleh Asesor dari Balai Besar Bahan dan                the Center for Materials and Technical Freight (B4T) with
Barang Teknik (B4T) dengan skor INDI 4.0, KAI                    an INDI score of 4.0, KAI received a score of 3.35. This value
mendapatkan skor sebesar 3.35. Nilai tersebut belum              has not met the target required by the Ministry of SOEs
memenuhi target yang dipersyaratkan oleh Kementrian              of 3.5, so the Company is required to prepare and
BUMN sebesar 3.5, maka Perseroan wajib menyusun dan              implement a plan to fulfill the INDI 4.0 improvement
mengimplementasikan rencana pemenuhan gap                        gap, as explained below.
perbaikan INDI 4.0, seperti dijelaskan berikut ini.



 Pilar Description                 Implementasi Perbaikan Implementation of Improvements

                                   Penyusunan HC Master Plan yang selaras dengan RJPP,
                                   Penyusunan kajian investasi terhadap peningkatan kapabilitas SDM,
 Pilar Manajemen dan               Pengelompokan inovasi terkait digitalisasi, dan
 Organisasi                        Pengukuran ketercapaian KPI dari Transformasi Digital
 Pillars of Management and         Preparation of HC Master Plan in line with RJPP,
 Organization                      Preparation of investment studies on improving HR capabilities,
                                   Grouping innovations related to digitalization, and
                                   Measurement of KPI achievement from Digital Transformation

                                   Penyusunan HC Master Plan yang selaras dengan RJPP,
                                   Penyusunan kajian investasi terhadap peningkatan kapabilitas SDM,
                                   Pengelompokan inovasi terkait digitalisasi, dan
 Pilar Orang dan Budaya            Pengukuran ketercapaian KPI dari Transformasi Digital
 Pillars of People and Culture     Preparation of HC Master Plan in line with RJPP,
                                   Preparation of investment studies on improving HR capabilities,
                                   Grouping innovations related to digitalization, and
                                   Measurement of KPI achievement from Digital Transformation

                                   Kustomisasi untuk semua layanan, improvement piranti pemodelan dan optimalisasi
                                   layanan dengan mengembangkan piranti cerdas pada bisnis Perusahaan yaitu angkutan
 Pilar Produk dan Layanan          penumpang, angkutan barang, dan pengusahaan aset.
 Product and Service Pillars       Customization for all services, improvement of modeling devices and optimization of
                                   services by developing intelligent devices in the Company's business, namely passenger
                                   transportation, freight transportation, and asset management.

                                   Penggambaran konektivitas sistem sesuai proses bisnis Perusahaan, Peningkatan
                                   teknologi/mesin/sistem cerdas antara lain KAISA based on Robotic Process Automation
                                   (RPA), Boarding system with Face Recognition, Trainguard MT train control system LRT
                                   Jabodebek, CCTV Fatique Locomotif with Video Surveillance as a Service (VSaaS),
                                   Development with Low Code Technology, Enterprise Architecture as Digital Twin
 Pilar Teknologi                   Organization
 Technology Pillars                Depiction of system connectivity according to the Company's business processes, Increased
                                   technology/machines/intelligent systems include KAISA based on Robotic Process
                                   Automation (RPA), Boarding system with Face Recognition, Trainguard MT train control
                                   system LRT Jabodebek, CCTV Fatique Locomotif with Video Surveillance as a Service
                                   (VSaaS), Development with Low Code Technology, Enterprise Architecture as Digital Twin
                                   Organization

                                   Peningkatan proses otonom antara lain Optimalisasi verifikasi data PPN Wajib Pungut
                                   (WAPU) menggunakan RPA,
                                   Optimaliasi laporan kinerja bulanan IT menggunakan RPA,
                                   Boarding system by Face Recognition,
                                   Marketing Automation menggunakan Insider Growth Management Platform,
                                   Penerapan prescriptive maintenance yaitu Integrated Maintenance and Asset Management
                                   (IMAM) Sistem Perawatan Sarana LRT Jabodebek.
 Pilar Operasi                     Teknologi Informasi juga memberikan dukungan penuh terhadap Transformasi Digital.
 Operation Pillars                 Autonomous process improvements include Optimization of VAT Mandatory Collection
                                   (WAPU) data verification using RPA,
                                   Optimization of IT monthly performance reports using RPA,
                                   Boarding system by Face Recognition,
                                   Marketing Automation using Insider Growth Management Platform,
                                   Implementation of prescriptive maintenance, namely Integrated Maintenance and Asset
                                   Management (IMAM) Jabodebek LRT Rolling Stock Maintenance System.
                                   Information Technology also provides full support for Digital Transformation.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Teknologi Informasi juga memberikan dukungan penuh           Information Technology also provides full support for
terhadap Transformasi Digital, melalui program strategis     Digital Transformation, through strategic Information
Teknologi Informasi sesuai dengan Master Plan Teknologi      Technology programs in accordance with the 2020-2024
Informasi 2020-2024 serta penyediaan infrastruktur           Information Technology Master Plan and the provision
teknologi informasi yang mendukung Transformasi              of information technology infrastructure that supports
Digital.                                                     Digital Transformation.




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                Tata Kelola Perusahaan
                Good Corporate Governance




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                            TATA KELOLA
                                                                          05
                                            PERUSAHAAN
                                              Good Corporate Governance




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                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




TATA KELOLA PERUSAHAAN YANG BAIK
GOOD CORPORATE GOVERNANCE
Di tengah perkembangan kebutuhan transportasi dan            In the midst of developments in transportation needs
dinamika industri, kami memahami pentingnya                  and industrial dynamics, we understand the importance
pencapaian pertumbuhan bisnis yang sehat dan                 of achieving healthy and sustainable business growth.
berkelanjutan. KAI berharap dapat tumbuh sebagai             KAI hopes to grow as an international standard
operator transportasi berstandar internasional, seiring      transportation operator, along with managing good
pengelolaan    hubungan      baik  dengan    segenap         relationships with all stakeholders as a fundamental
pemangku kepentingan sebagai aspek fundamental               aspects for the Company. For this reason, KAI is
bagi Perseroan. Untuk itu, KAI berkomitmen                   committed to carrying out management of operational
melaksanakan pengelolaan aktivitas operasional dan           and business activities according to best practices
bisnis sesuai praktik-praktik terbaik (best practices)       application of the principles of good governance (Good
penerapan prinsip-prinsip tata kelola yang baik (Good        Corporate Governance/GCG).
Corporate Governance/GCG).

Sebagai entitas Badan Usaha Milik Negara (BUMN), KAI         As a State-Owned Enterprise (SOE) entity, KAI implements
menerapkan GCG sebagai bagian yang tidak terpisah            GCG as an inseparable part of the implementation of Core
dari penerapan Core Values AKHLAK sesuai Surat               Values AKHLAK in accordance with the Circular Letter
Edaran Menteri BUMN Nomor SE-7/MBU/07/2020                   of the Minister of SOE Number SE-7/MBU/07/2020
mencakup Amanah, Kompeten, Harmonis, Loyal,                  including Trustworthy, Competent, Harmonious, Loyal,
Adaptif, Kolaboratif. Selain itu, penerapan GCG KAI          Adaptive, Collaborative . In addition, KAI's GCG
dilaksanakan searah dengan pencapaian visi Perseroan         implementation is carried out in line with achieving the
untuk tumbuh sebagai solusi ekosistem transportasi           Company's vision to grow as the best transportation
terbaik untuk Indonesia. Implementasi GCG KAI                ecosystem    solution   for     Indonesia.   KAI's   GCG
memiliki orientasi jangka panjang berupa penciptaan          implementation has a long-term orientation in the form
nilai  tambah    bagi    seluruh   unsur   pemangku          of creating added value for all stakeholder elements
kepentingan mencakup pelanggan, pemegang saham,              including    customers,     shareholders,      regulators,
regulator, pegawai, mitra usaha, hingga masyarakat           employees, business partners and society at large.
secara luas.



DASAR PENERAPAN TATA KELOLA PERUSAHAAN
BASIS OF GOOD CORPORATE GOVERNANCE IMPLEMENTATION
Penerapan GCG KAI didasarkan pada sejumlah                   The implementation of GCG at KAI is based on several
peraturan perundang-undangan yang berlaku yaitu:             applicable laws and regulations, namely:
  1. Undang-Undang Republik Indonesia No. 40 Tahun             1. Law of the Republic of Indonesia No. 40 of 2007
     2007 tentang Perseroan Terbatas;                             concerning Limited Liability Companies;
  2. Undang-Undang Republik Indonesia No. 19 Tahun             2. Law of the Republic of Indonesia No. 19 of 2003
     2003 tentang Badan Usaha Milik Negara (BUMN);                concerning State-Owned Enterprises (SOEs);
  3. Peraturan Menteri BUMN No. PER-2/MBU/03/2023              3. Minister of State-Owned Enterprises Regulation No.
     tanggal 24 Maret 2023 tentang Pedoman Tata                   PER-2/MBU/03/2023 dated March 24 th, 2023,
     Kelola Dan Kegiatan Koorporasi Signifikan Badan              concerning Guidelines for Governance and
     Usaha Milik Negara;                                          Significant Corporate Activities of State-Owned
                                                                  Enterprises;;
  4. Salinan Keputusan Sekretaris Kementerian Badan            4. Copy of the Decree of the Secretary of the Ministry
     Usaha Milik Negara No. SK-16/S.MBU/2012 tanggal              of State-Owned Enterprises No. SK-16/S.MBU/2012
     06 Juni 2012, tentang Indikator/Parameter Penilaian          dated June 6 th, 2012, on Indicators/Parameters for
     dan Evaluasi Atas Penerapan Tata Kelola Perusahaan           Assessment and Evaluation of the Implementation
     yang Baik (Good Corporate Governance) pada                   of Good Corporate Governance (GCG) in State-
     Badan Usaha Milik Negara.                                    Owned Enterprises.

Penerapan GCG KAI juga mengacu kepada praktik-               KAI's GCG implementation also refers to applicable best
praktik terbaik yang berlaku, mencakup standar               practices, including the following implementation
penerapan sebagai berikut:                                   standards:
  1. Pedoman Umum GCG Indonesia oleh Komite                     1. General Guidelines for Indonesian GCG by the
     Nasional Kebijakan Governansi (KNKG);                         National Committee on Governance Policy (KNKG);
  2. ASEAN Corporate Governance Scorecard;                      2. ASEAN Corporate Governance Scorecard;




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                                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




    3. Pedoman tata kelola perusahaan yang ditetapkan                                   3. Corporate governance guidelines established
       melalui Peraturan Otoritas Jasa Keuangan (POJK)                                     through Financial Services Authority Regulations
       dan Surat Edaran Peraturan Otoritas Jasa Keuangan                                   (POJK) and Financial Services Authority Circular
       (SEOJK).                                                                            Letters (SEOJK).
    4. Pedoman tata kelola perusahaan yang ditetapkan                                   4. Corporate governance guidelines established by
       oleh Badan Usaha Milik Negara dan yang relevan                                      State-Owned Enterprises and relevant to business
       dengan bisnis usaha.                                                                activities



MEKANISME TATA KELOLA PERUSAHAAN
CORPORATE GOVERNANCE MECHANISM
KAI menerapkan tata kelola perusahaan melalui                                       KAI implements corporate governance through a
mekanisme yang terdiri atas 2 (dua) komponen utama,                                 mechanism consisting of 2 (two) main components, namely
yaitu struktur dan soft-structure. Struktur tata kelola                             structure and soft-structure. KAI's governance structure
KAI terdiri dari sejumlah organ utama dan pendukung,                                consists of a number of main and supporting organs,
sedangkan soft-structure tata kelola KAI terdiri atas                               meanwhile soft-structure KAI's governance consists of
sejumlah peraturan internal yang berlaku sebagai                                    a number of internal regulations that apply as a reference
acuan penerapan GCG bagi masing-masing organ di                                     for implementing GCG for each organ in the governance
dalam struktur tata kelola. Mekanisme tata kelola KAI                               structure. The KAI governance mechanism is
diterapkan sebagai upaya berkelanjutan dalam rangka                                 implemented as a sustainable effort in order to produce
menghasilkan governance outcome bagi seluruh                                        governance outcomes for all stakeholders, with core values
pemangku kepentingan, dengan core values AKHLAK                                     AKHLAK and principles of good governance (Transparency,
dan     prinsip-prinsip   tata    kelola  yang    baik                              Accountability, Responsibility, Independence, and
(Transparancy,        Accountability,    Responsibility,                            Fairness/TARIF) occurring as a base.
Independence, dan Fairness/TARIF) berlaku sebagai
landasan.


                                   ORGAN UTAMA RUPS, DEWAN KOMISARIS, DAN DIREKSI
                                                              MAIN ORGANS GMS, BOC, AND BOD
Organ Pendukung / Supporting Organs                                                 Pemangku Kepentingan / Stakeholder
Sekretaris Dewan Komisaris, Komite Dewan Komisaris (Komite Audit, Komite Pemantau   Pemangku Kepentingan yang merasakan azas manfaat atau kepentingan atas berjalannya
Manajemen Resiko, Komite Nominasi dan Remunerasi), Sekretaris Perusahaan, Satuan    roda bisnis perusahaan (Pemegang Saham, masyarakat, pekerja, mitra, pemerintah)
Pengawas Internal.
                                                                                    Stakeholders who feel the principle of benefit or interest in the running of the company’s
Secretary of The Board of Commissioners, Board of Commissioners Committee (Audit    business wheels (Shareholders, community, workers, partners, government)
Committee, Risk Management Monitoring Committee, Nomination and Remuneration
Committee), Corporate Secretary, Internal Supervisory Unit.




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                                     Tata Kelola Perusahaan
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STRUKTUR TATA KELOLA PERUSAHAAN                                   CORPORATE GOVERNANCE STRUCTURE
[GRI 2-9]                                                         [GRI 2-9]
Struktur tata kelola KAI terdiri atas sejumlah organ utama        KAI's governance structure consists of a number of main
dan pendukung GCG. Organ-organ utama di dalam                     and supporting GCG organs. The main organs in KAI's
struktur tata kelola KAI terdiri dari Rapat Umum                  governance structure consist of the General Meeting of
Pemegang Saham (RUPS), Dewan Komisaris, dan Direksi.              Shareholders (GMS), the Board of Commissioners and
Adapun, organ-organ pendukung terdiri dari Sekretaris             the Board of Directors. Meanwhile, the supporting organs
Komisaris, Sekretaris Perusahaan, Komite-Komite, serta            consist of the Commissioner's Secretary, Corporate
Satuan Pengawas Internal.                                         Secretary, Committees and Internal Supervisory Unit.




                                           RUPS
                                            GMS




                Dewan Komisaris                                  Direksi
                                                                                                 Organ Utama
                    Board of                                  Board of
                                                                                                 Main Organs
                 Commissioners                               Directors




              Sekretaris Komisaris                    Sekretaris Perusahaan                    Organ Pendukung
              Secretary Comissioner                          Commitees                         Supporting Organs



                 Komite-Komite                       Satuan Pengawas Intern
                   Commitees                            Internal Control Unit




Di KAI, Dewan Komisaris dan Direksi memiliki wewenang             At KAI, the Board of Commissioners and the Board of
dan tanggung jawab yang jelas sesuai fungsinya masing-            Directors have clear authorities and responsibilities
masing sebagaimana diamanatkan dalam Anggaran Dasar               according to their respective functions as mandated in
dan peraturan perundang-undangan. Komite-komite                   the Articles of Association and applicable regulations.
yang mendukung tugas Dewan Komisaris diketuai oleh                The committees supporting the duties of the Board of
anggota Dewan Komisaris. Adapun komite-komite                     Commissioners are chaired by members of the Board of
pendukung Direksi telah dipastikan tidak memiliki afiliasi        Commissioners. Meanwhile, the supporting committees
dengan anggota Direksi, anggota Dewan Komisaris,                  of the Board of Directors are ensured to have no affiliation
ataupun pemegang saham pengendali, serta bukan                    with the members of the Board of Directors, the Board
bagian dari pemegang saham Perseroan. Sebagai organ               of Commissioners, or controlling shareholders, and are
pendukung Direksi, komite-komite tersebut secara                  not part of the Company’s shareholders. As supporting
khusus memiliki tugas dan tanggung jawab untuk                    bodies for the Board of Directors, these committees are
melaksanakan hal-hal yang diperlukan oleh Direksi dalam           specifically tasked with responsibilities that are required
pelaksanaan sistem manajemen kinerja pekerja                      by the Board of Directors in implementing the Company's
Perseroan.                                                        employee performance management system.




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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Di KAI, Direksi merupakan pejabat eksekutif senior dan       At KAI, the Board of Directors serves as the senior executive
Direktur Utama merupakan pejabat eksekutif tertinggi         officers, with the President Director being the highest
yang bertanggungjawab atas pengelolaan Perseroan. KAI        executive officer responsible for the management of the
telah    memiliki   sejumlah   kebijakan    mengenai         Company. KAI has established several policies regarding
pengelolaan potensi konflik kepentingan, seperti             the management of potential conflicts of interest, as
disebutkan pada Peraturan Direksi No                         outlined in the Board of Directors Regulation No. PER.
PER.U_KC.202_XII_1_KA-2020 tentang Pedoman Tata              U_KC.202_XII_1_KA-2020 on Good Corporate Governance
Kelola Perusahaan yang Baik. Penjelasan mengenai hal         Guidelines. Further explanation on this can be found in
ini terdapat pada Pengelolaan Potensi Benturan               the Conflict of Interest Management section of this
Kepentingan dalam bab ini. [GRI 2-11]                        chapter. [GRI 2-11]

SOFT-STRUCTURE                                               CORPORATE GOVERNANCE
TATA KELOLA PERUSAHAAN                                       SOFT-STRUCTURE
Soft-structure tata kelola KAI terdiri atas sejumlah         Soft-structure governance of KAI consists of several
peraturan internal yang berlaku sebagai acuan bagi           internal regulations that serve as references for each
masing-masing organ di dalam struktur tata kelola. Soft-     organ within the governance structure. The soft-structure
structure tata kelola KAI untuk periode penerapan tahun      governance of KAI for the implementation period of 2023
2023 adalah sebagai berikut:                                 includes:
   1. Anggaran Dasar PT Kereta Api Indonesia (Persero);         1. Articles of Association of PT Kereta Api Indonesia
                                                                   (Persero);
  2. Board Manual Nomor: 04/CH/KOM/III/2017 dan KEP.            2. Board Manual Number: 04/CH/KOM/III/2017 and KEP.
     U/ KO.101/III/15/KA-2017 tentang Panduan Tata Kerja           U/KO.101/III/15/KA-2017 concerning the Work
     Dewan Komisaris dan Direksi (Board Manual) PT                 Guidelines for the Board of Commissioners and
     Kereta Api Indonesia (Persero);                               Board of Directors (Board Manual) of PT Kereta Api
                                                                   Indonesia (Persero);
  3. Pedoman Tata Kelola Perusahaan yang Baik diatur            3. Guidelines for Good Corporate Governance regulated
     dalam Peraturan Direksi PER.U/KC.202/XII/L/KA-                by the Directors' Regulation PER.U/KC.202/XII/L/KA-
     2020 tentang Pedoman Tata Kelola Perusahaan                   2020 on Guidelines for Good Corporate Governance
     yang Baik (Good Corporate Governance).                        (GCG);
  4. Pedoman Perilaku diatur dalam Peraturan Direksi            4. Code of Conduct regulated by the Directors'
     Nomor: PER.U/KC.202/II/1/KA-2022 tentang Pedoman              Regulation Number: PER.U/KC.202/II/1/KA-2022 on
     Perilaku di PT Kereta Api Indonesia (Persero);                the Code of Conduct at PT Kereta Api Indonesia
                                                                   (Persero);
  5. Pedoman Pengelolaan Whistleblowing System                  5. Whistleblowing System Management Guidelines
     diatur dalam Peraturan Direksi nomor: PER.U/KL.               regulated by the Directors' Regulation Number:
     I04/XI/l/ KA-2020 tentang Pedoman Penanganan                  PER.U/KL.I04/XI/l/KA-2020 on Complaint Handling
     Pengaduan (Whistleblowing System);                            Guidelines (Whistleblowing System);
  6. Pedoman Manajemen Risiko diatur dalam Peraturan            6. Risk Management Guidelines regulated by the
     Direksi nomor PER.U/KL.104/I/1/KA-2021 tentang                Directors' Regulation Number: PER.U/KL.104/I/1/KA-
     Pedoman Penerapan Manajemen Risiko Terpadu                    2021 on Integrated Risk Management Guidelines
     (Enterprise Risk Management);                                 (Enterprise Risk Management);
  7. Pedoman Sistem Informasi Perusahaan diatur                 7. Company Information System Guidelines regulated
     dalam Keputusan Direksi PT Kereta Api Indonesia               by the Directors' Decree of PT Kereta Api Indonesia
     (Persero)     nomor     KEP.U/OT.003/IX/4/KA-2011             (Persero) Number KEP.U/OT.003/IX/4/KA-2011 on
     tentang Kebijakan Umum Tata Kelola Teknologi                  General Policy of IT Governance and Directors' Decree
     Informasi (IT Governance) dan Keputusan Direksi               Number: KEP.U/KK.101/VIII/1/KA-2016 on IT Policies
     Nomor: KEP.U/KK.101/VIII/1/KA2016 tentang Kebijakan           and Procedures;
     dan Prosedur Teknologi Informasi;
  8. Pedoman SPI diatur dalam Keputusan Direksi                 8. Internal Audit Unit Guidelines regulated by the
     nomor:     KEP.U/   PS.106/V/3/KA-2014     tentang            Directors' Decree Number: KEP.U/PS.106/V/3/KA-2014
     Pedoman Pengelolaan Satuan Pengawasan Internal;               on Internal Audit Unit Management Guidelines; and
     dan
  9. Peraturan internal yang terkait.                           9. Related internal regulations




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RAPAT UMUM PEMEGANG SAHAM
GENERAL MEETING OF SHAREHOLDERS
Rapat Umum Pemegang Saham (RUPS) merupakan                   The General Meeting of Shareholders (GMS) is the highest
organ tertinggi di dalam struktur tata kelola Perseroan.     organ within the Company's governance structure.
Atas hal itu, RUPS memiliki kewenangan yang tidak            Consequently, the GMS possesses authority not granted
diberikan kepada Dewan Komisaris ataupun Direksi,            to the Board of Commissioners or the Board of Directors,
dengan batas-batas yang ditetapkan di dalam Undang-          within the limits set forth by laws or the Articles of
Undang ataupun Anggaran Dasar. RUPS sekaligus                Association. The GMS also serves as a forum for
merupakan forum bagi pemegang saham untuk                    shareholders to exercise their rights in obtaining
menyalurkan hak dalam mendapatkan informasi                  information about KAI from the Board of Commissioners
terkait KAI oleh Dewan Komisaris ataupun Direksi,            or the Board of Directors, in accordance with the interests
sesuai pemenuhan kepentingan Perseroan. [GRI 2-11]           of the Company. [GRI 2-11]

Berdasarkan peraturan perundang-undangan dan                 Based on laws and regulations and the Company's Articles
Anggaran Dasar Perseroan, RUPS memiliki sejumlah             of Association, the GMS has several authorities, including:
kewenangan, antara lain:
  1. Melakukan pengangkatan dan pemberhentian                  1. Appointing and dismissing the Board of Directors
     Direksi dan Dewan Komisaris;                                 and the Board of Commissioners;
  2. Memberikan keputusan yang diperlukan untuk                2. Making necessary decisions to safeguard the
     menjaga kepentingan usaha Perseroan dalam jangka             Company's business interests in the long and short
     panjang dan jangka pendek sesuai dengan dengan               term in accordance with laws and regulations and
     peraturan perundang undangan dan Anggaran                    the Company's Articles of Association;
     Dasar Perseroan;
  3. Memberikan persetujuan Laporan Tahunan termasuk           3. Approving the Annual Report, including ratifying
     pengesahan Laporan Keuangan sesuai peraturan                 the Financial Statements in accordance with laws
     perundang-undangan dan Anggaran Dasar                        and regulations and the Company's Articles of
     Perseroan;                                                   Association;
  4. Mengambil keputusan melalui proses yang terbuka           4. Making decisions through a transparent, fair, and
     dan adil serta dapat dipertanggungjawabkan;                  accountable process;
  5. Melaksanakan Tata Kelola Perusahaan yang Baik             5. Implementing Good Corporate Governance in
     sesuai dengan wewenang dan tanggung jawabnya.                accordance with its authority and responsibilities.

Berdasarkan penyelenggaraannya, RUPS terdiri dari 2          Based on its organization, the GMS consists of two types,
(dua) jenis yaitu RUPS Tahunan (RUPST) dan RUPS Luar         the Annual General Meeting of Shareholders (AGMS) and
Biasa (RUPSLB).                                              the Extraordinary General Meeting of Shareholders
                                                             (EGMS).



RUPS TAHUNAN (RUPST)                                         ANNUAL GMS (AGMS)
RUPS Tahunan (RUPST) diselenggarakan setiap tahun            Annual GMS (AGMS) is held every year and includes:
meliputi:
  1. RUPS mengenai laporan tahunan dan perhitungan             1. GMS regarding annual reports and annual
     tahunan. Diadakan paling lambat bulan Juni                   calculations. Held no later than June after the close
     setelah penutupan tahun buku yang bersangkutan.              of the relevant financial year. In this Annual GMS,
     Dalam RUPS Tahunan ini dibahas laporan Direksi               the Directors' report regarding the Annual Report,
     mengenai Laporan Tahunan, perhitungan tahunan,               annual calculations, the condition and running of
     keadaan     dan    jalannya    Perseroan,   usulan           the Company, proposals for the use of the
     penggunaan laba bersih Perseroan serta hal-hal lain          Company's net profit and other matters that require
     yang perlu persetujuan RUPS demi kepentingan                 approval from the GMS are discussed in the
     Perseroan.                                                   Company's interests.
  2. RUPS untuk menyetujui Rencana Kerja dan                   2. GMS to approve the Company's Work Plan and
     Anggaran Perusahaan (RKAP). Diadakan paling                  Budget (RKAP). Held no later than 30 (thirty) days
     lambat 30 (tiga puluh) hari setelah tahun anggaran           after the current fiscal year (the budget year of the
     berjalan (tahun anggaran Rencana Kerja dan                   Company's Work Plan and Budget concerned). In
     Anggaran Perseroan yang bersangkutan). Dalam                 this Annual GMS, the Company's Draft Work Plan
     RUPS Tahunan ini dibahas Rancangan Rencana                   and Budget, including Projected Financial Reports,
     Kerja dan Anggaran Perseroan termasuk Proyeksi               and other matters that require GMS approval for
     Laporan Keuangan, dan hal-hal lain yang perlu                the Company's interests are discussed which have
     persetujuan RUPS untuk kepentingan Perseroan                 not been included in the RKAP.
     yang belum dicantumkan dalam RKAP.




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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




RUPS LUAR BIASA (RUPSLB)                                     EXTRAORDINARY GMS (EGMS)
RUPS Luar Biasa (RUPSLB) diselenggarakan bila dianggap       Extraordinary GMS (EGMS) is held if deemed necessary
perlu oleh Direksi dan/atau Dewan Komisaris dan/atau         by the Board of Directors and/or Board of Commissioners
Pemegang Saham. Pemanggilan dan penyelenggaraan              and/or Shareholders. The summons and holding of the
RUPSLB dilakukan melalui undangan tertulis dengan            EGMS are carried out through a written invitation
menginformasikan agenda pembahasannya.                       informing the discussion agenda.

PELAKSANAAN RUPS TAHUNAN                                     IMPLEMENTATION OF THE ANNUAL GMS
Selama tahun 2023, KAI menyelenggarakan RUPST                During 2023, KAI held an AGMS Ratifying the Company's
Pengesahan Rencana Kerja dan Anggaran Perusahaan             Work Plan and Budget (RKAP) for 2023 and a Performance
(RKAP) tahun 2023 dan RUPST Kinerja Tahun Buku 2022,         AGMS for the 2022 Financial Year, with the following
dengan perincian sebagai berikut.                            details.

Pelaksanaan RUPS Tahunan Pengesahan Rencana Kerja            Implementation of the Annual GMS Ratification of the
dan Anggaran Perusahaan (RKAP) Tahun 2023                    Company's Work Plan and Budget (RKAP) for 2023


  Hari dan Tanggal     Senin, 30 januari 2023
  Day and Date         Monday, January 30 th, 2023

  Waktu                11.05 WIB
  Time

  Tempat               Hotel Borobudur, Ruang Majapahit Jalan Lapangan Banteng Selatan No.1, Pasar Baru, Sawah
  Place                Besar, Jakarta Pusat.
                       Hotel Borobudur, Majapahit Room Jalan Lapangan Banteng Selatan No.1,, Pasar Baru,
                       Sawah Besar, Jakarta Pusat.




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Rekapitulasi Kehadiran pada RUPST Pengesahan                        Recapitulation of Attendance at AGMS Ratification of
Rencana Kerja dan Anggaran Perusahaan (RKAP)                        Company Work Plan and Budget (RKAP)

                     Nama                                           Jabatan                                 Keterangan
 No
                     Name                                           Position                                Description

 Kuasa Pemegang Saham / Shareholder Proxy

  1               Desty Arliani              Asisten Deputi Bidang Jasa Logistik Kementerian               Hadir / Present
                                             BUMN / Assistant Deputy for Logistics Services at the
                                             Ministry of SOE

 Direksi / Board of Directors

  1             Didiek Haryanto              Direktur Utama / President Director                           Hadir / Present

  2              Salusra Wijaya              Direktur Keuangan dan Manajemen Risiko / Managing             Hadir / Present
                                             Director of Finance and Risk Management

  3      Awan Hermawan Purwadinata           Direktur Operasi / Managing Director of Operation             Hadir / Present

  4              John Robertho               Direktur Perencanaan Strategis dan Pengembangan               Hadir / Present
                                             Usaha / Managing Director of Strategic Planning and
                                             Business Development

  5              Heru Kuswanto               Direktur Pengelolaan Prasarana / Managing Director of         Hadir / Present
                                             Infrastructure

  6              Eko Purwanto                Direktur Pengelolaan Sarana / Managing Director of            Hadir / Present
                                             Rolling Stock

  7            Sandry Pasambuna              Direktur Keselamatan dan Keamanan / Managing                  Hadir / Present
                                             Director of Safety and Security

  8                 Suparno                  Direktur SDM dan Umum / Managing Director of                  Hadir / Present
                                             Human Capital and General Affairs

  9            Hadis Surya Palapa            Direktur Niaga / Managing Director of Commerce                Hadir / Present

 Dewan Komisaris / Board of Commissioners

  1              Said Aqil Siroj             Komisaris Utama dan Komisaris Independen / Chief              Hadir / Present
                                             Commissioner and Independent Commissioner

  2               Riza Primadi               Komisaris Independen / Independent Commissioner               Hadir / Present

  3                 Rochadi                  Komisaris Independen / Independent Commissioner               Hadir / Present

  4              Endang Tirtana              Komisaris Independen / Independent Commissioner               Hadir / Present

  5      Sri Paduka Mangkoenagoro X          Komisaris / Commissioner                                      Hadir / Present

  6          Mohamad Risal Wasal             Komisaris / Commissioner                                      Hadir / Present

  7         Johan Bakti Porsea Sirait        Komisaris Independen / Independent Commissioner               Hadir / Present

  8               Diah Natalisa              Komisaris / Commissioner                                      Hadir / Present

  9              Chairul Anwar               Komisaris / Commissioner                                      Hadir / Present


Keputusan RUPST Pengesahan Rencana Kerja dan                        AGMS Decision Ratifying the Company's Work Plan
Anggaran Perusahaan (RKAP) Tahun 2023 serta                         and Budget (RKAP) for 2023 and its Realization
Realisasinya
Keputusan dan Realisasi RUPS Tahunan Pengesahan                     The decisions and realization of the Annual GMS
Rencana Kerja dan Anggaran Perusahaan Tahun 2023                    Ratification of the Company's Work Plan and Budget for
dituangkan dalam Berita Acara RUPS PT Kereta Api                    2023 are stated in the Minutes of the GMS of PT Kereta
Indonesia (Persero) tentang Pengesahan Rencana Kerja                Api Indonesia (Persero) concerning Ratification of the
dan Anggaran Perusahaan (RKAP) Tahun 2023 No. 11                    Company's Work Plan and Budget (RKAP) for 2023 No.
tanggal 30 Januari 2023. Keputusan dan realisasi dari               11 dated January 30 th, 2023. The decisions and realization
masing-masing keputusan pada RUPS Tahunan RKAP                      of each decision at the 2023 RKAP Annual GMS are as
Tahun 2023 adalah sebagai berikut:                                  follows:




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                                                             Agenda Pertama
                                                               First Agenda

   Pengesahan Rencana Kerja dan Anggaran Perusahaan (RKAP) Tahun 2023 termasuk di dalamnya penetapan klasifikasi risiko serta
   Rencana Kerja dan Anggaran Dewan Komisaris Tahun 2023 PT Kereta Api Indonesia (Persero). / The first agenda is ratification of the
 2023 Company Work Plan and Budget (RKAP), including the determination of risk classification and the 2023 Work Plan and Budget of
                                the Board of Commissioners of PT Kereta Api Indonesia (Persero).


Keputusan                                                            Decision
Mengesahkan Rencana Kerja dan Anggaran Perusahaan                    Ratifying the Company Work Plan and Budget (RKAP)
(RKAP) Tahun 2023 termasuk di dalamnya penetapan                     for 2023 including determining the risk classification of
klasifikasi risiko PT Kereta Api Indonesia (Persero) pada            PT Kereta Api Indonesia (Persero) in the Systemic A
kuadran Sistemik A serta Rencana Kerja dan Anggaran                  quadrant as well as the Work Plan and Budget for the
Dewan Komisaris Tahun 2023 PT Kereta Api Indonesia                   Board of Commissioners for 2023 PT Kereta Api Indonesia
(Persero). Adapun pokok-pokok RKAP 2023 adalah                       (Persero). The main points of the 2023 RKAP are as
sebagai berikut:                                                     follows:


                                           Uraian                                                     RKAP 2023 (Rp miliar)
                                         Description                                                  RKAP 2023 (Rp billion)

 Pendapatan (di luar konstruksi) / Income (excluding construction)                                             28.021

 Laba Usaha / Operating profit                                                                                 3.920

 EBITDA                                                                                                        5.106

 Laba Bersih / Net profit                                                                                      1.736

 Total Aset / Total Assets                                                                                    94.934

 Ekuitas / Equity                                                                                              33.060

 Interest Bearing Debt / Interest Bearing Debt                                                                 52.762

 Net Operating Cash Flow / Net Operating Cash Flow                                                             3.727

 Capital Expenditure (Capex) / Capital Expenditure (Capex)                                                     21.455



                                                             Agenda Kedua
                                                             Second Agenda

    Pengesahan Rencana Kerja dan Anggaran Program Tanggung Jawab Sosial dan Lingkungan (RKATJSL) Tahun 2023 PT Kereta Api
     Indonesia (Persero) / Ratification of the 2023 Work Plan and Budget for the Social and Environmental Responsibility Program
                                              (RKARJSL) of PT Kereta Api Indonesia (Persero).


Keputusan                                                            Decision
Mengesahkan Rencana Kerja dan Anggaran Program                       Approved the 2023 Work Plan and Budget for the Social
Tanggung Jawab Sosial dan Lingkungan (RKATJSL) Tahun                 and Environmental Responsibility Program (RKATJSL) of
2023 PT Kereta Api Indonesia (Persero), dengan Total                 PT Kereta Api Indonesia (Persero), with a total Non-PUMK
Program Pendanaan Non PUMK sebesar Rp17, 235 miliar                  Funding Program of Rp17,235 billion including Non-CID
termasuk dana Non CID sebesar Rp185 juta dan Dana                    funds of Rp185 Million and PUMK Funds of Rp8,520
PUMK sebesar Rp8,520 miliar sehingga totalnya Rp25,755               billion, bringing the total to Rp25,755 billion.
miliar.


                                                             Agenda Ketiga
                                                              Third Agenda

  Penetapan Kontrak Manajemen Tahunan yang memuat Target Key Performance Indicators (KPI) Direksi secara Kolegial Tahun 2023 /
   Determination of the Annual Management Contract which includes targets Key Performance Indicators (KPI) Board of Directors
                                                    Collegially in 2023.


Keputusan                                                            Decision
Menetapkan Kontrak Manajemen Tahunan yang memuat                     Establish an Annual Management Contract that includes
target Key Performance Indicators (KPI) Direksi secara               targets Key Performance Indicators (KPI) Board of
Kolegial Tahun 2023.                                                 Directors Collegially in 2023.




                                                                     Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                       263
                                                                         Annual and Sustainability Report
Page 264
                                               Tata Kelola Perusahaan
                                               Good Corporate Governance




                                                                      Agenda Keempat
                                                                       Fourth Agenda

       Penetapan Kontrak Manajemen Tahunan (Key Performance Indicators) Dewan Komisaris Tahun 2023 / Determination of Annual
                         Management Contract (Key Performance Indicators) Board of Commissioners in 2023.


Keputusan                                                                           Decision
Menetapkan Kontrak Manajemen Tahunan (Key                                           Establish an Annual Management Contract (Key
Performance Indicators) Dewan Komisaris Tahun 2023                                  Performance Indicators) Board of Commissioners in 2023.


                                                                       Agenda Kelima
                                                                        Fifth Agenda

        Penetapan Indikator Aspek Operasional untuk pengukuran Tingkat Kesehatan PT Kereta Api Indonesia (Persero) Tahun 2023 /
          Determining Operational Aspect Indicators for measuring the Health Level of PT Kereta Api Indonesia (Persero) in 2023.


Keputusan                                                                           Decision
Menetapkan Indikator Aspek Operasional untuk                                        Determining Operational Aspect Indicators to Measure
Pengukuran Tingkat Kesehatan PT Kereta Api Indonesia                                the Health Level of PT Kereta Api Indonesia (Persero) in
(Persero) Tahun 2023                                                                2023.


                                                                      Agenda Keenam
                                                                       Sixth Agenda

  Persetujuan pelimpahan kewenangan kepada Dewan Komisaris untuk memberikan persetujuan apabila terdapat tindakan-tindakan
  yang mengakibatkan perubahan alokasi anggaran investasi dengan nilai maksimum 10% dari nilai masing-masing program investasi
     sepanjang tidak mengubah total nilai investasi. / Approval of the delegation of authority to the Board of Commissioners to give
  approval if there are actions that result in changes to the investment budget allocation with a maximum value of 10% of the value of
                            each investment program as long as it does not change the total investment value.


Keputusan                                                                           Decision
Menyetujui pelimpahan kewenangan kepada Dewan                                       Approve the delegation of authority to the Board of
Komisaris untuk memberikan persetujuan apabila                                      Commissioners to provide approval if there are actions
terdapat tindakan-tindakan yang mengakibatkan                                       that result in changes to the investment budget
perubahan alokasi anggaran investasi dengan nilai                                   allocation with a maximum value of 10% of the value of
maksimum 10% dari nilai masing-masing program investasi                             each investment program as long as it does not change
sepanjang tidak mengubah total nilai investasi.                                     the total investment value.

Arahan RUPST                                                                        AGMS Directions

                               Arahan                                                       Tindak Lanjut                                    Keterangan
  No
                             Instructions                                                     Follow-up                                      Information

          RKAP yang disahkan merupakan pedoman bagi Direksi         Dalam perencanaannya, RKAP telah di-breakdown manjadi program         Sesuai Rekomendasi /
          dalam menjalankan kegiatan usaha dan pedoman bagi         bulanan yang dilampirkan pada Risalah RKAP 2023, adapun program       According to
          Dewan Komisaris dalam melaksanakan tugas                  manajemen risiko telah dibreakdown menjadi timeline rencana           Recommendations
          pengawasan perusahaan Tahun 2023. RKAP tersebut           kerja bulanan. / In its planning, the RKAP has been broken down
          termasuk di dalamnya program Manajemen Risiko agar        into monthly programs attached to the RKAP 2023 minutes, and
          dirinci menjadi program dan target bulanan dan            the risk management programs have been broken down into a
          triwulanan untuk memudahkan monitoring dan                monthly work plan timeline.
          evaluasi pencapaiannya, serta dilakukan cascading ke
   1      seluruh jajaran perusahaan. / The ratified RKAP is a
          guideline for the Board of Directors in carrying out
          business activities and a guideline for the Board of
          Commissioners in carrying out company supervision
          duties in 2023. The RKAP includes the Risk Management
          program so that it is broken down into monthly and
          quarterly programs and targets to facilitate monitoring
          and evaluation of its achievements, and is carried out
          cascading throughout the company.

          Berkomitmen untuk mencapai target-target RKAP 2023        Seluruh Dewan Komisaris dan Direksi Berkomitmen untuk mencapai        Sesuai Rekomendasi /
          dan Key Performance Indicators (KPI) tahun 2023           target-target RKAP 2023 dan Key Performance Indicators (KPI) tahun    According to
          dengan tetap melaksanakan prinsip Good Corporate          2023 dengan tetap melaksanakan prinsip Good Corporate                 Recommendations
  2       Governance (GCG). / Committed to achieving the 2023       Governance (GCG). / The entire Board of Commissioners and Directors
          RKAP targets and 2023 Key Performance Indicators          are committed to achieving the RKAP 2023 targets and Key
          (KPI) while continuing to implement the principles of     Performance Indicators (KPIs) for 2023 while continuing to uphold
          Good Corporate Governance (GCG).                          the principles of Good Corporate Governance (GCG).




                              Laporan Tahunan dan Keberlanjutan
264                                                                                                                    PT Kereta Api Indonesia (Persero)
                                Annual and Sustainability Report
Page 265
                                           Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                              Arahan                                                          Tindak Lanjut                                       Keterangan
  No
                            Instructions                                                        Follow-up                                         Information

        Perbuatan-perbuatan Direksi yang memerlukan                  Telah diterbitkan Nota Dinas Internal kepada Para CDD dan EVP             Sesuai Rekomendasi /
        persetujuan dari RUPS sesuai Anggaran Dasar dan              di PT KAI (Persero) Nomor: 3/KC.202/VI/US/KA/2021 tanggal 23 Juni         According to
        peraturan lainnya agar diajukan secara tersendiri dengan     2021 Perihal Kelengkapan Dokumen Aksi Korporasi yang Memerlukan           Recommendations
        dilengkapi sekurang-kurangnya tanggapan Dewan                Persetujuan RUPS. Yang isinya adalah menghimbau kepada setiap
        Komisaris, Pakta Integritas Direksi, kajian teknis, kajian   Direktorat/Unit yang akan mengusulkan Aksi Korporasi dan
        hukum, kajian ekonomi, dan kajian risiko. / Directors'       memerlukan persetujuan tertulis dari RUPS untuk diajukan secara
        actions that require approval from the GMS in                tersendiri dengan mengengkapi dokumenn sekurang-kurangnya:
        accordance with the Articles of Association and other        / An Internal Memorandum has been issued to all CDDs and EVPs
        regulations      must     be  submitted       separately,    at PT KAI (Persero) Number: 3/KC.202/VI/US/KA/2021 dated June
        accompanied by at least a response from the Board            23 rd, 2021, regarding the Completeness of Corporate Action
        of Commissioners, the Directors' Integrity Pact, technical   Documents Requiring GMS Approval. The memorandum encourages
        studies, legal studies, economic studies and risk studies.   each Directorate/Unit proposing Corporate Actions that require
   3
                                                                     written approval from the GMS to submit them separately with at
                                                                     least the following documents:
                                                                       a. Tanggapan Integritas Dewan Komisaris; / Integrity Response
                                                                          of Board of Commissioners;
                                                                       b. Pakta Integritas Dewan Komisaris; / Integrity Pact of the Board
                                                                          of Commissioners
                                                                       c. Pakta Integritas Dewan Direksi; / Integrity Pact of the Board of
                                                                          Directors
                                                                       d. Kajian Teknis; / Technical Review
                                                                       e. Kajian Hukum; / Legal Review
                                                                       f. Kajian Ekonomi; dan / Economical Review; and
                                                                      g. Kajian Risiko. / Rik Review

        Direksi agar menindaklanjuti dan menyelesaikan secara        Direksi telah menindaklanjuti temuan, saran, dan rekomendasi baik         Sesuai Rekomendasi /
        tuntas temuan, serta saran dan rekomendasi auditor,          dari Auditor Internal dan Eksternal. Progres tindak lanjut dari temuan-   According to
        baik auditor eksternal (BPK RI dan/atau KAP) maupun          temuan auditor BPK telah dilaporkan kepada pemegang saham                 Recommendations
        auditor internal (SPI) di tahun 2022 maupun tahun-tahun      secara periodik dan telah dibahas bersama dengan Komite Audit
        sebelumnya. Tindak lanjut penyelesaian temuan/saran          sebagai perwakilan Dewan Komisaris. Laporan penyelesaian tindak
        auditor agar dibahas secara komprehensif dengan              lanjut juga disampaikan kepada Komite Audit secara berkala yaitu
        Dewan Komisaris dan dilaporkan secara tertulis kepada        setiap tiga bulan sekali (terlampir RDS pemyampaian tindak lanjut
        Pemegang Saham. / The Board of Directors must follow         kepada Unit KCC dan Komite Audit). / The Board of Directors has
   4
        up and completely resolve the findings, as well as           followed up on findings, suggestions, and recommendations from
        suggestions and recommendations of auditors, both            both Internal and External Auditors. The progress of the follow-up
        external auditors (BPK RI and/or KAP) and internal           on the findings of the BPK auditors has been reported to the
        auditors (SPI) in 2022 and in previous years. Follow-up      shareholders periodically and discussed with the Audit Committee
        actions to resolve the auditor's findings/suggestions        as a representative of the Board of Commissioners. The completion
        should be discussed comprehensively with the Board           report of the follow-up actions is also submitted to the Audit
        of Commissioners and reported in writing to                  Committee periodically, every three months (attached is the RDS
        Shareholders.                                                of follow-up submission to the KCC Unit and the Audit Committee).

        Memastikan pemenuhan ketentuan terkait manajemen              a. Dalam proses pemutakhiran Pedoman Penerapan Manajemen                 Sesuai Rekomendasi /
        risiko pada perusahaan dan anak perusahaan dengan                Risiko Nomor: PER.U/KL.104/I/1/2021 sebagai dasar pengaturan          According to
        mengacu pada ketentuan pada Peraturan Menteri BUMN               penerapan ERM di lingkungan PT KAI Group dengan merujuk               Recommendations
        No. PER-5/MBU/09/2022 tentang Penerapan Manajemen                pada Peraturan Menteri BUMN Nomor: PER-2/MBU/03/2023. /
        Risiko pada Badan Usaha Milik Negara, termasuk                   In the process of updating the Risk Management
        melakukan peningkatan tingkat kematangan manajemen               Implementation Guidelines Number: PER.U/KL.104/I/1/2021 as
        risiko/RMI secara berkala serta melaporkan hasilnya              the basis for regulating the application of ERM within PT KAI
        kepada Kementerian BUMN. Untuk hasil penilaian                   Group, with reference to the Regulation of the Minister of State-
        tingkat risiko/RMI tahun 2022 agar disampaikan paling            Owned Enterprises Number: PER-2/MBU/03/2023.
        lambat pertengahan Triwulan III tahun 2023. / Ensure
   5
        compliance with provisions related to risk management
        in companies and subsidiaries by referring to the
        provisions in SOE Ministerial Regulation No. PER-5/MBU/
        09/2022 concerning the Implementation of Risk
        Management in State-Owned Enterprises, including
        periodically increasing the maturity level of risk
        management/RMI and reporting the results to the Ministry
        of SOE. The results of the 2022 risk level/RMI assessment
        must be submitted no later than the middle of the
        third quarter of 2023




                                                                                     Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                                     265
                                                                                         Annual and Sustainability Report
Page 266
                                          Tata Kelola Perusahaan
                                          Good Corporate Governance




                           Arahan                                                       Tindak Lanjut                                       Keterangan
 No
                         Instructions                                                     Follow-up                                         Information

                                                                b. Pada triwulan I tahun 2023 telah dilakukan evaluasi maturitas
                                                                   penerapan sistem manajemen risiko terpadu untuk periode
                                                                   tahun 2022 oleh Kantor Perwakilan Pengawas Keuangan dan
                                                                   Pembangunan (BPKP) Provinsi Jawa Barat. Berdasarkan Laporan
                                                                   Nomor: PE.09.02/LHP156/PW10/4.1/2023 tanggal 6 April 2023
                                                                   tentang Hasil Evaluasi Maturitas Penerapan Manajemen Risiko
                                                                   pada PT Kereta Api Indonesia (Persero) Tahun 2022 oleh Pengawas
                                                                   Keuangan dan Pembangunan (BPKP) Jawa Barat, capaian tingkat
                                                                   maturitas penerapan sistem manajemen risiko pada PT Kereta
                                                                   Api Indonesia (Persero) Tahun 2022 berada pada Level 3 (Defined)
                                                                   dengan skor 3,0909 dan telah diserahkan kepada Kementerian
                                                                   BUMN pada tanggal 10 Juli 2023 melalui Surat Dinas Nomor:
                                                                   KP.403/VII/1/KA-2023. / In the first quarter of 2023, an evaluation
                                                                   of the maturity of the integrated risk management system for
                                                                   the year 2022 was conducted by the Financial and Development
                                                                   Supervisory Agency (BPKP) West Java Province. Based on Report
                                                                   Number: PE.09.02/LHP156/PW10/4.1/2023 dated April 6 th, 2023,
                                                                   regarding the Results of the Maturity Evaluation of Risk
                                                                   Management Implementation at PT Kereta Api Indonesia (Persero)
                                                                   for the year 2022 by BPKP West Java, the maturity level of the
                                                                   risk management system at PT Kereta Api Indonesia (Persero)
                                                                   for 2022 was at Level 3 (Defined) with a score of 3.0909, and
                                                                   this has been submitted to the Ministry of State-Owned
                                                                   Enterprises on July 10 th, 2023, through Official Letter Number:
                                                                   KP.403/VII/1/KA-2023.

      Menyampaikan laporan manajemen risiko, tata kelola,      Manajemen Risiko / Risk Management                                        Sesuai Rekomendasi /
      dan audit intern yang menjadi satu kesatuan dengan       Laporan manajemen risiko, tata kelola, dan audit intern yang menjadi      According to
      laporan berkala triwulanan dan tahunan. / Submitting     satu kesatuan dengan laporan berkala triwulanan dan tahunan               Recommendations
      risk management, governance and internal audit           terdiri dari: / Risk management, governance, and internal audit
      reports which are integrated into quarterly and annual   reports, which are part of the quarterly and annual periodic reports,
      periodic reports.                                        consist of:
                                                                a. Laporan penerapan manajemen risiko; / Risk management
                                                                   implementation report;
                                                                b. Laporan audit intern ; dan / Internal audit report; and
                                                                c. Laporan tata kelola terintegrasi / Integrated governance report



                                                               Satuan Pengawas Internal: / Internal Audit Unit:
                                                                a. Progres penyelesaian tindak lanjut dilaporkan secara triwulanan
  6                                                                melalui laporan managemen / Progress on completion of follow-up
                                                                   actions is reported quarterly through management reports.
                                                                b. Laporan Hasil Audit yang dilaksanakan setiap triwulan masuk
                                                                   dalam laporan kinerja unit Internal Audit / The Audit Result Report
                                                                   carried out every quarter is included in the Internal Audit unit
                                                                   performance report.


                                                               Quality Control: / Quality Control:
                                                               Laporan tata kelola dilaksanakan setiap triwulan dan masuk kedalam
                                                               kinerja unit Quality Assurance and GCG (terlampir laporan kinerja
                                                               implementasi GCG TW 1 dan semester 1 tahun 2023 / Governance
                                                               reports are carried out every quarter and are included in the
                                                               performance of the Quality Assurance and GCG unit (attached is
                                                               the GCG implementation performance report for Q1 and Semester
                                                               1 of 2023).




                          Laporan Tahunan dan Keberlanjutan
266                                                                                                                  PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 267
                                          Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                              Arahan                                                         Tindak Lanjut                                         Keterangan
  No
                            Instructions                                                       Follow-up                                           Information

        Melakukan langkah-langkah efiensi di segala bidang          a. Dalam Rapat Kerja, KAI menyanggupi bahwa Perusahaan harus                Sesuai Rekomendasi /
        dengan tetap menjaga produktivitas dan kualitas                menerapkan program efisiensi, reprioritisasi anggaran dan                According to
        pelayanan sehingga tingkat realisasi biaya tidak lebih         pengurangan biaya dengan fokus mengalokasikan dana untuk                 Recommendations
        tinggi dari tingkat realisasi pendapatan. / Carry out          membiayai core activities yang penting bagi kelangsungan
        efficiency measures in all fields while maintaining            operasional perusahaan, program penanggulangan pandemik,
        productivity and service quality so that the level of          dan penugasan strategis. / In the Working Meeting, KAI agreed
        realized costs is not higher than the level of realized        that the Company must implement efficiency programs,
        income.                                                        budget reprioritization and cost reduction with a focus on
                                                                       allocating funds to finance core activities that are important
                                                                       for the continuity of the company's operations, pandemic
                                                                       response programs, and strategic assignments.
                                                                    b. Mengeluarkan kebijakan release yang ditandatangani oleh
                                                                       Direktur Keuangan. / Issue a release policy signed by the Finance
   7
                                                                       Director.
                                                                         1) Kebijakan Release TW 1 (sebelum penandatanganan
                                                                            RUPS); / TW 1 release policy (before signing of GMS);
                                                                         2) Kebijakan Release pada Nota No. 36/KF.101/III/KA/2023
                                                                            untuk merelease anggaran SM 1 terlebih dahulu untuk proses
                                                                            evaluasi sebelum release anggaran SM 2 sebagai salah satu
                                                                            upaya untuk evaluasi efisiensi anggaran; / Release Policy
                                                                            in Note No. 36/KF.101/III/KA/2023 to release the SM 1 budget
                                                                            first for the evaluation process before releasing the SM 2
                                                                            budget as an effort to evaluate budget efficiency;
                                                                    c. Melakukan evaluasi untuk setiap permohonan persetujuan
                                                                       anggaran yang masuk secara berkala / Conduct evaluations
                                                                       for each budget approval request that comes in periodically

        Pelaksanaan Investasi agar memperhatikan skala              a. PT KAI selaku pemegang saham akan terus memberikan                       Sesuai Rekomendasi /
        prioritas, kemampuan keuangan perusahaan dan                   dukungan dalam penyelesaiaan Proyek Strategis Nasional KCJB,             According to
        berpedoman pada rencananya (cost & schedule) serta             yang dalam pelaksanaanya tetap memperhatikan skala prioritas,            Recommendations
        dijaga supaya tidak terjadi cost overrun, sehingga dapat       serta kemampuan keuangan Perusahaan. Hal lain adalah
        diselesaikan sesuai dengan targetnya. / Investment             optimalisasi Monitoring dan pengawasan secara intens melalui
        implementation must pay attention to the priority              rapat kordinasi, rapat rutin PMO dan site visit pada project
        scale, the company's financial capabilities and be             sehingga setiap adanya perubahan schedule/kendala yang dapat
        guided by its plans (cost & schedule) and taken care           berdampak dalam penyelesaian project dapat segera dilakukan
        of so that it does not cause cost overrun, so that it can      mitigasi penyelesaiannya. / PT KAI as a shareholder will continue
        be completed according to the target.                          to provide support in the completion of the KCJB National
                                                                       Strategic Project, which in its implementation continues to pay
                                                                       attention to the priority scale, as well as the financial capabilities
                                                                       of the Company. Another thing is the optimization of intensive
                                                                       monitoring and supervision through coordination meetings,
                                                                       routine PMO meetings and site visits on the project so that
                                                                       any changes in the schedule/obstacles that can have an impact
                                                                       on the completion of the project can be immediately mitigated.
                                                                    b. Pelaksanaan investasi KAI berpedoman pada surat keputusan
                                                                       Direksi tentang Kebijakan dan prosedur pengelolaan investasi
                                                                       serta pengeluaran yang dikapitalisasi (bersifat modal), dengan
                                                                       memperhatikan: / KAI's investment implementation is guided
   8                                                                   by the Board of Directors' Decree on Investment Management
                                                                       Policies and Procedures and Capitalized Expenditures (capital
                                                                       in nature), taking into account:
                                                                         1) Skala prioritas terutama yang berkaitan dengan Safety,
                                                                            upaya peningkatan pelayanan kepada Stakeholders, untuk
                                                                            mendukung pengembangan angkutan barang dan angkutan
                                                                            penumpang, serta percepatan penyelesaian Proyek Strategis
                                                                            Nasional; / Priority scale especially related to Safety, efforts
                                                                            to improve services to Stakeholders, to support the
                                                                            development of freight and passenger transportation, and
                                                                            accelerate the completion of National Strategic Projects;
                                                                         2) Analisa kelayakan investasi (FS komprehensif), Analisa
                                                                            kelayakan finansial, kajian pendanaan dan kajian Risiko
                                                                            yang menghasilkan kesimpulan suatu usulan investasi layak
                                                                            (feasible) atau tidak layak untuk dilaksanakan. Dengan
                                                                            menggunakan ukuran manfaat tingkat pengembalian (return)
                                                                            yang lebih tinggi dari Weighted Average Cost of Capital
                                                                            (WACC), analisis kelayakan finansial seperti NPV (Net
                                                                            Present Value), IRR (Internal Rate of Return), PBP (Pay Back
                                                                            Period) atau BCR/PI (Benefit Cost Ratio/Profitability Index)




                                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                                      267
                                                                                        Annual and Sustainability Report
Page 268
                                            Tata Kelola Perusahaan
                                            Good Corporate Governance




                            Arahan                                                        Tindak Lanjut                                       Keterangan
 No
                          Instructions                                                      Follow-up                                         Information

                                                                         Investment feasibility analysis (comprehensive FS),
                                                                         Financial feasibility analysis, funding study and Risk study
                                                                         that result in the conclusion of an investment proposal is
                                                                         feasible or not feasible to be implemented. By using a
                                                                         measure of benefit of a higher rate of return than the Weighted
                                                                         Average Cost of Capital (WACC), financial feasibility analysis
                                                                         such as NPV (Net Present Value), IRR (Internal Rate of
                                                                         Return), PBP (Pay Back Period) or BCR/PI (Benefit Cost
                                                                         Ratio/Profitability Index)
                                                                      3) Pelaksanaan Investasi selalu memperhatikan kemampuan
                                                                         keuangan Perusahaan terutama dari sumber pendanaan
                                                                         yang paling sesuai baik dari Cash internal perusahaan
                                                                         (Equity), Obligasi/ Sukuk, Pinjaman Bank, ataupun PMN.
                                                                         / Investment implementation always takes into account
                                                                         the Company's financial capabilities, especially from the
                                                                         most appropriate funding sources, whether from the company's
                                                                         internal cash (Equity), Bonds/Sukuk, Bank Loans, or PMN.
                                                                      4) Pelaksanaan Investasi juga sudah sesuai dengan
                                                                         perencanaan (cost & schedule) melalui Pengukuran kinerja
                                                                         investasi yang terdiri dari tiga tahapan, yaitu tahap
                                                                         perencanaan (Pra Bidding), tahap Pengadaan (Bidding/
                                                                         Kontrak) dan tahap Pelaksanaan/Delivery (BAST), sehingga
                                                                         sesuai dengan target waktu penyelesaian dan penyerapan
                                                                         anggaran biaya / Investment implementation is also in
                                                                         accordance with the planning (cost & schedule) through
                                                                         investment performance measurement consisting of
                                                                         three stages, namely the planning stage (Pre-Bidding),
                                                                         Procurement stage (Bidding/Contract) and Implementation/
                                                                         Delivery stage (BAST), so that it is in accordance with the
                                                                         target completion time and absorption of the budget costs.
                                                                      5) Melakukan koordinasi dengan stakeholder terkait dalam
                                                                         rapat dua mingguan PMO untuk memantau dan
                                                                         mengetahui update progress pembangunan dan dapat
                                                                         melakukan mitigasi apabila terdapat kendala yang
                                                                         mengakibatkan kemunduran proyek. / Coordinate with
                                                                         relevant stakeholders in bi-weekly PMO meetings to
                                                                         monitor and find out updates on development progress
                                                                         and can mitigate if there are obstacles that result in project
                                                                         delays.

      Direksi agar melaporkan realisasi program blueprint        PT KAI (Persero) ikut serta dalam proses rekrutmen Bersama BUMN           Sesuai Rekomendasi /
      amanat Undang-undang Nomor 8 Tahun 2016 tentang            (RBB) salah satunya mengenai program rekrutmen disabilitas. Saat          According to
      Penyandang Disabilitas untuk tahun 2023, serta             ini masih dalam proses seleksi.(Terlampir dokumen pelaksanaan             Recommendations
      menyusun dan melaksanakan strategi implementasinya         program rekrutmen Bersama Disabilitas Tahun 2023) / PT KAI (Persero)
      pada tahun 2023. Apabila blueprint dimaksud belum          participates in the Joint SOE (RBB) recruitment process, one of
      disusun, Direksi diminta untuk memenuhinya pada            which is the disability recruitment program. Currently still in the
      tahun 2023 dimana dapat dilakukan melalui kolaborasi/      selection process. (Attached is the implementation document for
      benchmarking dengan BUMN lain, sekaligus                   the 2023 Joint Disability Recruitment Program)
      mengakselerasi implementasinya pada tahun 2023.
  9
      / The Board of Directors is required to report on the
      realization of the blueprint program mandated by Law
      Number 8 of 2016 concerning Persons with Disabilities
      for 2023, as well as to prepare and implement an
      implementation strategy in 2023. If the blueprint in
      question has not been prepared, the Board of Directors
      is asked to fulfill it in 2023 which can be done through
      collaboration/benchmarking with other SOE, while
      accelerating its implementation in 2023.

      Direksi agar melengkapi Data Pengurus BUMN, Anak           Telah dilakukan secara berkala / Has been carried out periodically        Sesuai Rekomendasi /
      Perusahaan BUMN, dan Perusahaan Afiliasi Terkonsolidasi                                                                              According to
      BUMN pada portal Human Capital BUMN. / Directors                                                                                     Recommendations
 10
      must complete data on SOE Management, SOE
      Subsidiaries and SOE Consolidated Affiliate Companies
      on the SOE Human Capital portal.




                           Laporan Tahunan dan Keberlanjutan
268                                                                                                                   PT Kereta Api Indonesia (Persero)
                             Annual and Sustainability Report
Page 269
                                          Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                              Arahan                                                         Tindak Lanjut                                        Keterangan
  No
                            Instructions                                                       Follow-up                                          Information

        Direksi agar meningkatkan pembinaan anak perusahaan         a. Telah dilakukan evaluasi kinerja anak perusahaan setiap bulannya;      Sesuai Rekomendasi /
        sehingga kinerjanya diharapkan senantiasa tumbuh               / has been evaluated for performance of subsidiaries every month;      Implemented as Per
        dengan baik dan dapat memberikan kontribusi positif         b. SK Penunjukkan langsung kepada anak perusahaan di                      Recommendations
        bagi Perusahaan Induk. / The Board of Directors should         lingkungan PT Kereta Api Indonesia. / Decree Appointment
   11
        improve the development of subsidiaries so that their          directly to subsidiaries within PT Kereta Api Indonesia.
        performance is expected to continue to grow well and
        can make a positive contribution to the Parent
        Company.

        Menyampaikan Laporan Tahunan Perseroan termasuk            Sehubungan dengan keterlambatan penyampaian Laporan                        Telah Dilakukan / Have
        Laporan Keuangan Tahun Buku 2022 yang telah diaudit        Keuangan serta Laporan Manajemen Konsolidasian PT Kereta Api               been done
        oleh Kantor Akuntan Publik selambat-lambatnya              Indonesia (Persero) dikarenakan proses pemeriksaan dari KAP RSM
        minggu ke-1 April 2023 dan melakukan Audit Upon            selaku auditor yang ditunjuk oleh Pemegang Saham Perusahaan,
        Procedure (AUP) atas paket informasi laporan audit         masih terkendala adanya isu status pencatatan berupa perbedaan
        dan selanjutnya menyampaikan beserta laporan audit         perhitungan nilai PNBP biaya penggunaan prasarana perkeretaapian
        paling lambar minggu ke-2 April 2023. / Submit the         milik negara/Track Access Charge (TAC) yang diterbitkan
        Company's Annual Report including the 2022 Financial       Kementerian Perhubungan berdasarkan formula TAC sesuai Peraturan
        Year Financial Report which has been audited by the        Menteri Keuangan Nomor 138/PMK.02/2021, sedangkan PT Kereta
        Public Accounting Firm no later than the 1st week of       Api Indonesia (Persero) mencatatkan nilainya berdasarkan perhitungan
        April 2023 and carry out an Audit Upon Procedure (AUP)     sendiri (self assessment) dengan menggunakan formula
        on the audit report information package and then           berdasarkan Peraturan Pemerintah Nomor 15 tahun 2016, atas
        submit the audit report no later than the 1st week April   permasalahan nilai PNBP TAC tersebut melibatkan Kementerian/
        2 nd, 2023.                                                Lembaga terkait. / In connection with the delay in the submission
                                                                   of the Financial Report and the Consolidated Management Report
                                                                   of PT Kereta Api Indonesia (Persero) due to the audit process of
                                                                   KAP RSM as the auditor appointed by the Company's Shareholders,
                                                                   it is still constrained by the issue of the recording status in the form
                                                                   of differences in the calculation of the PNBP value for the use of
                                                                   state-owned railway infrastructure/Track Access Charge (TAC) issued
                                                                   by the Ministry of Transportation based on the TAC formula in
                                                                   accordance with the Regulation of the Minister of Finance Number
                                                                   138/PMK.02/2021, while PT Kereta Api Indonesia (Persero) records
                                                                   its value based on its own calculation (self-assessment) using a
                                                                   formula based on Government Regulation Number 15 of 2016, the
  12
                                                                   problem of the PNBP TAC value involves the relevant Ministries/
                                                                   Institutions.


                                                                   Adapun tertundanya Laporan Keuangan Audited tahun 2022 tersebut
                                                                   bukan disebabkan karena ketidakpatuhan PT Kereta Api Indonesia
                                                                   (Persero) namun karena adanya faktor kebijakan pemerintah yang
                                                                   membutuhkan koordinasi lebih lanjut dengan Kementerian/Lembaga
                                                                   terkait dalam penyelesaiannya. Keterlambatan tersebut,
                                                                   menyebabkan tertundanya laporan lain yang membutuhkan angka
                                                                   audited sebagai dasar penyusunan laporan. Manajemen PT Kereta
                                                                   Api Indonesia (Persero) telah menyampaikan laporan keuangan
                                                                   tahun buku 2022 yang telah diaudit oleh Kantor Akuntan Publik
                                                                   pada tanggal 30 Mei 2023 melalui website Silaba dan telah melakukan
                                                                   Audit Upon Procedure (AUP) atas paket informasi audit pada tanggal
                                                                   12 Juni 2023. / The delay in the 2022 Audited Financial Report was
                                                                   not due to non-compliance by PT Kereta Api Indonesia (Persero)
                                                                   but due to government policy factors that required further
                                                                   coordination with related Ministries/Institutions in their resolution.
                                                                   The delay caused the delay of other reports that required audited
                                                                   figures as a basis for preparing the report. The management of
                                                                   PT Kereta Api Indonesia (Persero) has submitted the 2022 financial
                                                                   report that has been audited by the Public Accounting Firm on
                                                                   May 30 th, 2023 via the Silaba website and has conducted an Audit
                                                                   Upon Procedure (AUP) on the audit information package on June
                                                                   12 th, 2023.




                                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                                      269
                                                                                       Annual and Sustainability Report
Page 270
                                           Tata Kelola Perusahaan
                                           Good Corporate Governance




                            Arahan                                                       Tindak Lanjut                                      Keterangan
 No
                          Instructions                                                     Follow-up                                        Information

       Mengimplementasikan hal-hal terkait aspek Tanggung       Menindaklanjuti dan melaksanakan hasil rekomendasi pembahasan            Sesuai Rekomendasi /
       Jawab Sosial dan Lingkungan (TJSL), antara lain:         Rencana Kerja dan Anggaran TJSL dengan Asisten Deputi Tanggung           Implemented as Per
        / Implementing matters related to aspects of Social     Jawab Sosial dan Lingkungan sebagaimana tertuang dalam Risalah           Recommendations
       and Environmental Responsibility (TJSL), including:      Rapat Nomor: RIS-19/DSI.MBU.B/12/2022; Tindak Lanjut: / up and
       a) Menindaklanjuti dan melaksanakan hasil rekomendasi    implementing the results of the recommendations of the
           pembahasan Rencana Kerja dan Anggaran TJSL           discussion of the TJSL Work Plan and Budget with the Assistant
           dengan Asisten Deputi Tanggung Jawab Sosial dan      Deputy for Social and Environmental Responsibility as stated in
           Lingkungan sebagaimana tertuang dalam Risalah        the Minutes of Meeting Number: RIS-19/DSI.MBU.B/12/2022; Follow-
           Rapat Nomor: RIS-19/DSI.MBU.B/12/2022; / Follow up   up:
           and implement the recommendations from the            ● RKA TJSL Non PUMK KAI 2023 sebesar Rp17.235.000.000 (per
           discussion of the CSER Work Plan and Budget with         13 Mei: sudah terserap sebesar Rp8.985.925.549, yang terdiri dari
           the Assistant Deputy for Social and Environmental        realisasi sebesar Rp8.294.933.049 on progress Rp690.992.500
           Responsibility as stated in the Minutes of Meeting       (52,14% dari tahun 2023) / RKA TJSL Non PUMK KAI 2023
           Number: RIS-19/DSI.MBU.B/12/2022;                        amounting to Rp17,235,000,000 (as of May 13th: Rp8,985,925,549
                                                                    has been absorbed, consisting of realization of Rp8,294,933,049
                                                                    on progress Rp690,992,500 (52.14% of 2023)
                                                                 ● RKA TJSL PUMK Penyaluran Dana Bergulir PUMK
                                                                    Rp8.520.000.000 (per 1(per 13 Mei : sudah tersalur tahap I sebesar
                                                                    Rp1.800.000.000, tahap II sebesar Rp1.400.000.000, total
                                                                    Rp3.200.000.000. / RKA TJSL PUMK Distribution of PUMK
                                                                    Revolving Funds Rp8,520,000,000 (as of May 13 th: Phase I has
                                                                    been distributed amounting to Rp1,800,000,000, Phase II
                                                                    amounting to Rp1,400,000,000, total Rp3,200,000,000.

       b) Memastikan bahwa TJSL telah menjadi tools bagi         ● Pencapaian KPI 2023 terus diupayakan melalui monitoring ke            Sesuai Rekomendasi /
          Direksi untuk memitigasi dampak risiko usaha             Daerah dan percepatan-percepatan kegiatan - Penyususunan              Implemented as Per
          perusahaan      dan    menjamin      sustainability      SK TJSL No. PER.U/KP.502/XII/1/KA-2022 sudah di tanda tangan          Recommendations
          perusahaan; / Ensure that CSER has become tools          tanggal 30 Desember 2022, saat ini masih dalam penyusunan
          for the Board of Directors to mitigate the impact        P dan T sehubungan adanya Permen No. PER-1/MBU/03/2023
          of company business risks and ensure company             Tanggal 3 Maret 2023 tentang Penugasan Khusus dan Program
          sustainability;                                          Tanggung Jawab Sosial dan Lingkungan. / KPI 2023
                                                                   achievement continues to be pursued through monitoring to
                                                                   the Regions and acceleration of activities - Preparation of TJSL
                                                                   Decree No. PER.U/KP.502/XII/1/KA-2022 has been signed on
                                                                   December 30 th, 2022, currently still in the preparation of P and
                                                                   T in connection with the existence of Ministerial Regulation
  13                                                               No. PER-1/MBU/03/2023 Dated March 3 rd, 2023 concerning
                                                                   Special Assignments and Social and Environmental
                                                                   Responsibility Programs.
                                                                 ● Publikasi atas pelaksanaan TJSL melalui media internal (aplikasi
                                                                   portal TJSL KAI) maupun eksternal media cetak, TV maupun
                                                                   online) telah dilaksanakan (terlampir). / Publication of the
                                                                   implementation of CSER through internal media (KAI CSER
                                                                   portal application) and external media (print, TV and online)
                                                                   has been carried out (attached).
                                                                 ● Pelaksanaan Program PUMK dilaksanakan 100% melalui
                                                                   Kolaborasi dengan BRI sesuai dengan arahan Kementerian
                                                                   BUMN. / Publication of the implementation of TJSL through
                                                                   internal media (KAI TJSL portal application) and external
                                                                   media (print, TV and online) has been carried out (attached).

       c) Mengoptimalkan pelaksanaan penagihan program           ● Melakukan upaya pemulihan Piutang macet dan Piutang                   Sesuai Rekomendasi /
          Pendanaan Usaha Mikro dan Usaha Kecil (UMK) serta        bermasalah melalui skema rescheduling dan reconditioning              Implemented as Per
          memberikan pembinaan terhadap UMK; / Optimizing          yang tecantum dalam Peraturan Direksi Nomor: PER.U/KP.502/            Recommendations
          the implementation of collection for the Micro and       XII/1/KA-2022 Tentang Tanggung Jawab Sosial dan Lingkungan.
          Small Business (UMK) Funding program and                 / Making efforts to recover bad debts and problematic receivables
          providing guidance to MSEs;                              through rescheduling and reconditioning schemes as stated
                                                                   in the Board of Directors Regulation Number: PER.U/KP.502/
                                                                   XII/1/KA-2022 Concerning Social and Environmental
                                                                   Responsibility.
                                                                 ● Peningkatan kapasitas Mitra Binaan melalui pelatihan / Capacity
                                                                   building of Fostered Partners through training

       d) Menyusun program TJSL yang lebih kreatif dan           ● Teras UMK;                                                            Sesuai Rekomendasi /
          berdampak lebih besar, untuk selanjutnya diukur        ● Pengelolaan Sampah; / Waste management                                Implemented as Per
          kemanfaatannya melalui social return on investment;    ● Desa Binaan KAI                                                       Recommendations
          / Develop a TJSL program that is more creative and
          has a greater impact, to then measure its benefits
          through social return on investment;

       e) Memprioritaskan program-program creating shared        ● Teras UMK; / Teras UMK;                                               Sesuai Rekomendasi /
          values sebagai program prioritas. / Prioritize         ● Rail Fans Inspire                                                     Implemented as Per
          programs creating shared values as a priority                                                                                  Recommendations
          program.




                           Laporan Tahunan dan Keberlanjutan
270                                                                                                                  PT Kereta Api Indonesia (Persero)
                             Annual and Sustainability Report
Page 271
                                          Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                              Arahan                                                        Tindak Lanjut                                        Keterangan
  No
                            Instructions                                                      Follow-up                                          Information

        Direksi agar menyusun dan menerapkan Master Plan           a. Direksi sudah menetapkan Master Plan Teknologi Informasi                Sesuai Rekomendasi /
        Teknologi Informasi, melakukan Asesmen IT Maturity            periode 2020-2024 yang merupakan penjabaran dari program                Implemented as Per
        Level, Asesmen Transformasi Digital, dan berpartisipasi       strategis Perusahaan sesuai dengan RJPP; / The Board of                 Recommendations
        dalam Program Digital Talent BUMN dan melaporkan              Directors has established the Information Technology Master
        dalam laporan berkala triwulanan dan tahunan. /               Plan for the 2020-2024 period, which is a description of the
        Directors to prepare and implement Master Plan                Company's strategic programs in accordance with the RJPP;
        Information Technology, conducting IT Assessments          b. Unit Sistem Informasi telah melakukan assesmen Tata Kelola
        Maturity Level, Digital Transformation Assessment, and        TI melalui IT Maturity Level berdasarkan framework COBIT sejak
        participate in the SOE Digital Talent Program and report      tahun 2013. Pada tahun 2022 IT Maturity Level didapatkan skor
        in regular quarterly and annual reports.                      3,42 dengan framework COBIT 201. Untuk tahun 2023 IT Maturity
                                                                      Level rencana dilakukan di TW4 dengan target 3,60 dengan
                                                                      framework COBIT 2019. / The Information Systems Unit has
                                                                      conducted an IT Governance assessment through the IT Maturity
                                                                      Level based on the COBIT framework since 2013. In 2022, the
                                                                      IT Maturity Level scored 3.42 with the COBIT 201 framework.
                                                                      For 2023, the IT Maturity Level is planned to be carried out in
                                                                      Q4 with a target of 3.60 with the COBIT 2019 framework.
                                                                   c. Sesuai Surat Kementerian BUMN No. S-949/MBU/10/2020 Perihal
                                                                      Aspirasi Pemegang Saham/ Pemilik Modal untuk Penyusunan
                                                                      Rencana Kerja dan Anggaran Perusahaan Tahun 2021 bahwa
                                                                      “BUMN wajib melakukan asesmen Indonesia Industry 4.0
                                                                      Readiness Index (INDI 4.0) untuk mengukur kesiapan industri
                                                                      dalam bertransformasi menuju industri 4.0.” Assesmen INDI
                                                                      4.0 PT KAI dilakukan pada februari 2022 dengan skor INDI 3.35
                                                                      dari target BUMN 3.50. Asessmen INDI 4.0 selanjutnya dapat
                                                                      dilakukan satu tahun sejak penerimaan sertifikat yaitu di
                                                                      Desember 2023. Rencana assesmen INDI 4.0 dilaksanakan pada
                                                                      TW1 2024, guna persiapan assesmen dimaka dilakukan
                                                                      pemenuhan terhadap GAP INDI 4.0 (terlampir). / According to
                                                                      the Letter of the Ministry of SOEs No. S-949/MBU/10/2020
                                                                      Concerning the Aspirations of Shareholders/Capital Owners
                                                                      for the Preparation of the 2021 Company Work Plan and Budget
                                                                      that "SOEs are required to conduct an assessment of the
                                                                      Indonesia Industry 4.0 Readiness Index (INDI 4.0) to measure
  14
                                                                      the readiness of the industry in transforming towards industry
                                                                      4.0." PT KAI's INDI 4.0 assessment was conducted in February
                                                                      2022 with an INDI score of 3.35 from the SOE target of 3.50. The
                                                                      next INDI 4.0 assessment can be conducted one year after
                                                                      receiving the certificate, namely in December 2023. The INDI
                                                                      4.0 assessment plan is to be carried out in Q1 2024, in preparation
                                                                      for the assessment, compliance with the INDI 4.0 GAP
                                                                      (attached) is carried out.
                                                                   d. Pelaporan dilakukan secara berkala / Reporting is done periodically
                                                                   e. PT KAI ikut serta berpartisipasi dalam Program Digital Talent
                                                                      melalui Forum Digital Indonesia (Fordigi) dengan peserta 135
                                                                      pegawai Unit Sistem Informasi yang telah melengkapi data
                                                                      kompetensi digital serta mendapatkan akses pembelajaran
                                                                      melalui Digital Talent Hub dengan platform Pijar Mahir dari
                                                                      Fordigi. Selain itu guna mendapatkan gambaran secara nyata
                                                                      pengetahuan, pemahaman dan penerapan teknologi digitalisasi
                                                                      di PT KAI, Tranformation Office melakukan survey kepada
                                                                      pegawai pada periode Desember 2022 s.d Januari 2023 dan
                                                                      didapatkan hasil 210 pegawai dengan pemahaman digital
                                                                      Understanding, Savvy dan Mastery (hasil survey terlampir).
                                                                      Untuk selanjutnya pegawai tsb akan didaftarkan ke Program
                                                                      Digital Talent BUMN melalui Fordigi. / PT KAI participated in
                                                                      the Digital Talent Program through the Indonesia Digital Forum
                                                                      (Fordigi) with 135 Information System Unit employees who had
                                                                      completed digital competency data and received access to
                                                                      learning through the Digital Talent Hub with the Pijar Mahir
                                                                      platform from Fordigi. In addition, in order to obtain a real picture
                                                                      of knowledge, understanding and application of digitalization
                                                                      technology at PT KAI, the Transformation Office conducted a
                                                                      survey of employees in the period December 2022 to January
                                                                      2023 and obtained results of 210 employees with digital
                                                                      Understanding, Savvy and Mastery (survey results attached).
                                                                      Furthermore, these employees will be registered for the SOE
                                                                      Digital Talent Program through Fordigi.




                                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                                    271
                                                                                      Annual and Sustainability Report
Page 272
                                             Tata Kelola Perusahaan
                                             Good Corporate Governance




                             Arahan                                                        Tindak Lanjut                                       Keterangan
 No
                           Instructions                                                      Follow-up                                         Information

       Melakukan upaya penanganan permasalahan hukum               Tidak terdapat proses mediasi dikarenakan tidak terdapat                Tidak Dilakukan / Not
       dengan mengedepankan proses mediasi penyelesaian            permasalahan hukum. / There is no mediation process because             Done
       masalah hukum antar/terkait BUMN/anak perusahaan            there are no legal issues.
       BUMN/perusahaan         yang     terafiliasi, sebelum
       permasalahan tersebut diselesaikan melalui lembaga
  15
       peradilan. / Make efforts to handle legal problems by
       prioritizing the mediation process for resolving legal
       problems between/related to SOE/SOE subsidiaries/
       affiliated companies, before the problems are resolved
       through judicial institutions.

       Direksi agar menyusun roadmap penggunaan produk             a. Roadmap penggunaan produk dalam negeri melalui Surat                 Sesuai Rekomendasi /
       dalam Negeri (P3DN) dan membentuk Tim P3DN serta               Edaran Direksi Nomor: SE.U/KL.403/VI/1/KA-2022 Tanggal : Juni        Implemented as Per
       SPI BUMN melakukan monitoring/reviu atas                       2022 Perihal : Penggunaan Produk Dalam Negeri dan                    Recommendations
       pelaksanaan program tersebut dan melaporkannya                 Implementasi Tingkat Komponen Dalam Negeri (terlampir); /
       dalam laporan berkala triwulanan dan tahunan. / The            Roadmap for the use of domestic products through the Board
       Board of Directors should prepare a roadmap for the            of Directors' Circular Letter Number: SE.U/KL.403/VI/1/KA-2022
       use of domestic products (P3DN) and form a P3DN                Date: June 2022 Subject: Use of Domestic Products and
       Team and SOE SPI to monitor/review the                         Implementation of Domestic Component Levels (attached);
       implementation of the program and report it in              b. Penyusunan Tim P3DN telah dibentuk melalui Keputusan Direksi
       regular quarterly and annual reports.                          Nomor: SK.U/KO.101/VI/1/KA-2022 Tanggal 6 Juni 2022 (terlampir);
                                                                      / The formation of the P3DN Team has been established through
 16
                                                                      the Decree of the Board of Directors Number: SK.U/KO.101/VI/
                                                                      1/KA-2022 dated June 6 th, 2022 (attached);
                                                                   c. Tim P3DN telah melaksanakan monitoring realisasi Tingkat
                                                                      Komponen Dalam Negeri (TKDN) sampai dengan posisi Bulan
                                                                      Mei 2023 (laporan terlampir); / The P3DN Team has carried out
                                                                      monitoring of the realization of the Domestic Component Level
                                                                      (TKDN) up to May 2023 (report attached);
                                                                   d. Tim SPI telah melaksanakan validasi data P3DN sampai dengan
                                                                      posisi 1 Januari s.d. 30 November 2022. / The SPI Team has
                                                                      conducted validation of P3DN data up to the position of January
                                                                      1 st, to November 30 th, 2022.

       Menjaga dan meningkatkan tingkat kesehatan keuangan         a. Untuk memperoleh tingkat kesehatan yang baik / lebih baik            Sesuai Rekomendasi /
       perusahaan agar dapat melaksanakan pelayanan dan               dari tahun sebelumnya, tidak hanya dilihat dari aspek keuangan       Implemented as Per
       penugasan dari Pemerintah. / Maintain and improve              saja, bahkan perlu komitmen dan tanggung jawab seluruh               Recommendations
       the company's financial health level so that it can carry      Direksi Perusahaan, karena tingkat kesehatan keuangan
       out services and assignments from the Government.              perusahaan adalah hasil akhir dari cerminan kinerja Perusahaan
                                                                      (pendapatan, efisiensi biaya, dll) selama periode tertentu.Setiap
                                                                      bulan BOD juga melakukan evaluasi pembahasan kinerja
                                                                      perusahaan untuk mengevaluasi hasil kinerja Perusahaan pada
                                                                      bulan tersebut untuk menetapkan strategi berikutnya agar dapat
                                                                      mencapai target tahunan Perusahaan. / To obtain a good / better
                                                                      health level than the previous year, it is not only seen from the
                                                                      financial aspect, but also requires commitment and
                                                                      responsibility from all Directors of the Company, because the
                                                                      level of the company's financial health is the final result of the
                                                                      reflection of the Company's performance (income, cost
  17                                                                  efficiency, etc.) during a certain period. Every month the BOD
                                                                      also evaluates the discussion of the company's performance
                                                                      to evaluate the results of the Company's performance in that
                                                                      month to determine the next strategy in order to achieve the
                                                                      Company's annual target.
                                                                   b. KAI secara konsisten dan kontinyu menjaga dan meningkatan
                                                                      kesehatan keuangan perusahaan dengan upaya sebagai berikut
                                                                      : KAI consistently and continuously maintains and improves
                                                                      the company's financial health with the following efforts
                                                                   c. Secara berkala Lembaga Pemeringkat (PEFINDO) melaksanakan
                                                                      monitoring tahunan atas pemeringkatan KAI, dimana untuk
                                                                      tahun 2023 terjadi perubahan rating perusahaan yang semula
                                                                      idAA+ menjadi idAAA dengan stable outlook. / Periodically, the
                                                                      Rating Agency (PEFINDO) carries out annual monitoring of
                                                                      KAI's rating, where for 2023, there was a change in the company's
                                                                      rating from idAA+ to idAAA with a stable outlook.




                            Laporan Tahunan dan Keberlanjutan
272                                                                                                                    PT Kereta Api Indonesia (Persero)
                              Annual and Sustainability Report
Page 273
                                            Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                               Arahan                                                           Tindak Lanjut                                        Keterangan
  No
                             Instructions                                                         Follow-up                                          Information

        Melakukan upaya akselerasi penyelesaian permasalahan            a. Monitoring     dan/atau     evaluasi     terhadap     program         Sesuai Rekomendasi /
        aset yang terjadi antara PT KAI (Persero) dengan pihak             Pensertipikatan, Penjagaan, Penertiban dan Penanganan                 Implemented as Per
        lain dengan menyusun inventarisasi data aset, rencana              Permasalahan Aset seluruh Daop/Divre/Subdivre telah                   Recommendations
        aksi, dan timeline rencana aksi serta melaporkan                   dilaksanakan secara berkala, terlampir laporan Realisasi Kinerja
        progresnya secara berkala. Meningkatkan koordinasi                 Semester I Tahun 2023 dan program Semester II Tahun 2023;
        dan hubungan yang harmonis dengan regulator agar                   / Monitoring and/or evaluation of the Certification, Guarding,
        setiap kebijakan yang diterbitkan regulator sejalan                Ordering and Handling of Asset Problems programs in all Daop/
  18    dengan kinerja pelayanan. / Make efforts to accelerate             Divre/Subdivre have been carried out periodically, attached is
        the resolution of asset problems that occur between                the Report on Performance Realization for Semester I of 2023
        PT KAI (Persero) and other parties by compiling an                 and the Semester II of 2023 program;
        inventory of asset data, action plans and action plan           b. Koordinasi dengan pihak-pihak eksternal guna mendukung
        timelines and reporting progress periodically.                     penyelesaian permasalahan Aset telah dilaksanakan, antara lain
        Improving coordination and harmonious relationships                dengan BPN dan Kejaksaan / Coordination with external parties
        with regulators so that every policy issued by the regulator       to support the resolution of Asset problems has been carried
        in line with service performance.                                  out, including with the BPN and the Attorney General's Office

        Memastikan penyelesaian dan target Commercial                  Komitmen dan monitoring untuk memastikan pelaksanaan proyek               Sesuai Rekomendasi /
        Operation Date Proyek-proyek Strategis Nasional yakni          strategis nasional telah dan terus dilaksanakan melalui berbagai          Implemented as Per
        Kereta Cepat Jakarta Bandung (KCJB) dan Light Rail             inisiatif, koordinasi, serta update progress secara rutin mengenai        Recommendations
        Transit (LRT) Jabodebek sesuai dengan target yang              LRT Jabodebek dan Kereta Cepat Jakarta Bandung oleh Kadiv LRT
        telah ditetapkan. / Ensuring solutions and targets             dan Dirut KCIC kepada Direksi KAI. Prinsip akuntabel dan kehati-hatian
        Commercial Operation Date National Strategic Projects,         dalam menjalankan proyek strategis yang diselenggarakan oleh
        namely the Jakarta Bandung Fast Train (KCJB) and               direktorat Pengembangan usaha (D7) dengan terus menerapkan
        Light Rail Transit (LRT) Jabodebek in accordance with          prinsip GCG dibawah Pengawasan GCG unit Quality Control KAI.
        the targets that have been set.                                Komitmen Direksi KAI dalam melaksanakan proyek strategis telah
                                                                       tercermin dalam RJPP Prinsip akuntabel dan kehati-hatian dalam
                                                                       menjalankan proyek. Selain itu Melakukan monitor timeline sesuai
                                                                       dengan IPMS (Integrated Project Master Schedule) yang telah
                                                                       disepakati oleh seluruh stakeholder, menindaklanjuti dan
                                                                       berkoordianasi dengan pihak terkait ketika kendala yang dapat
                                                                       menyebabkan kemunduran COD. / Commitment and monitoring
  19                                                                   to ensure the implementation of national strategic projects has
                                                                       been and continues to be carried out through various initiatives,
                                                                       coordination, and regular progress updates regarding the Jabodebek
                                                                       LRT and the Jakarta-Bandung High-Speed Train by the Head of
                                                                       LRT Division and the President Director of KCIC to the Board of
                                                                       Directors of KAI. The principle of accountability and prudence in
                                                                       carrying out strategic projects organized by the Directorate of
                                                                       Business Development (D7) by continuing to apply the principles
                                                                       of GCG under the GCG Supervision of the KAI Quality Control Unit.
                                                                       The commitment of the KAI Board of Directors in carrying out
                                                                       strategic projects has been reflected in the RJPP. The principle of
                                                                       accountability and prudence in carrying out projects. In addition,
                                                                       monitoring the timeline in accordance with the IPMS (Integrated
                                                                       Project Master Schedule) that has been agreed upon by all
                                                                       stakeholders, following up and coordinating with related parties
                                                                       when obstacles that can cause COD setbacks occur.

        Melakukan koordinasi dengan instansi terkait untuk             Penyusunan Regulasi (PP) guna mengakomodir kebutuhan                      Sesuai Rekomendasi /
        penyusunan regulasi pengoperasian Kereta Cepat                 Pengaturan Penyelenggaraan KA Cepat pada saat ini dalam tahap             Implemented as Per
        Jakarta Bandung. / Coordinating with related agencies          Harmonisasi dengan kementerian teknis terkait secara intens yang          Recommendations
        to prepare regulations for the operation of the Jakarta        dibantu oleh konsultan hukum dan direncanakan akan dilakukan
        Bandung Fast Train.                                            penetapan/ pengesahan rancangan PP tentang kereta cepat akan
                                                                       dilaksanakan pada Bulan Desember 2023. / The preparation of
  20
                                                                       Regulations (PP) to accommodate the needs of the Regulation of
                                                                       the Implementation of High-Speed Trains is currently in the
                                                                       Harmonization stage with related technical ministries intensively
                                                                       assisted by legal consultants and it is planned that the determination/
                                                                       ratification of the draft PP on high-speed trains will be carried out
                                                                       in December 2023.

        Melakukan koordinasi secara intensif dengan Kementerian        PT KAI selalu melakukan koordinasi secara intensif dengan                 Telah dilakukan / Have
        Perhubungan dalam rangka penyelesaian isu                      Kementerian Perhubungan dalam rangka penyelesaian isu                     been done
        Infrastructure Maintenance Operation (IMO) dan                 Infrastructure Maintenance Operation (IMO) dan Track Acces
        Track Access Charges (TAC) baik pada Perusahaan                Charges (TAC) baik pada Perusahaan induk maupun Anak Perusahaan.
  21    Induk maupun Anak Perusahaan. / Coordinate                     / PT KAI selalu melakukan koordinasi secara intensif dengan
        intensively with the Ministry of Transportation in order       Kementerian Perhubungan dalam rangka penyelesaian isu
        to resolve issues Infrastructure Maintenance Operation         Infrastructure Maintenance Operation (IMO) dan Track Acces
        (IMO) and Track Access Charges (TAC) both in the               Charges (TAC) baik pada Perusahaan induk maupun Anak
        Parent Company and Subsidiaries.                               Perusahaan.




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                                             Tata Kelola Perusahaan
                                             Good Corporate Governance




                            Arahan                                                           Tindak Lanjut                                        Keterangan
 No
                          Instructions                                                         Follow-up                                          Information

      Memastikan pemenuhan target KPI PMN TA 2023 sesuai            a. Target pemenuhan KPI PMN sudah menjadi program prioritas                Sesuai Rekomendasi /
      dengan perencanaan yang diajukan oleh PT KAI (Persero).          Direksi KAI agar tercapai sesuai program. / The target for fulfilling   Implemented as Per
      / Ensure the fulfillment of PMN KPI targets for FY 2023          the PMN KPI has become a priority program for the KAI Board             Recommendations
      in accordance with the plans submitted by PT KAI                 of Directors so that it can be achieved according to the program.
      (Persero).                                                    b. Posisi triwulan II tahun 2023 capaian KPI PMN adalah sebagai
                                                                       berikut : / Posisi triwulan II tahun 2023 capaian KPI PMN adalah
                                                                       sebagai berikut :
                                                                         – Output rata-rata tercapai 62% / Average output achieved
                                                                             62%
                                                                         – Outcome untuk KPI penyerapan mitra UMKM KCJB
                                                                             tercapai 25% dan Peningkatan kapasitas SDM KCJB terkait
 22
                                                                             teknologi perkeretaapian yang tersertifikasi tercapai 4%
                                                                             sedangkan KPI lainnya sudah melebihi target. / Outcome
                                                                             for KPI absorption of KCJB UMKM partners reached 25%
                                                                         – and Increasing the capacity of KCJB HR related to certified
                                                                             railway technology reached 4% while other KPIs have
                                                                             exceeded the target.
                                                                    c. Bahwa KAI secara berkala melaporkan realisasi penggunaan
                                                                       dana dan KPI PMN sesuai ketentuan Permen BUMN No. PER-
                                                                       1/MBU/03/2021 / That KAI periodically reports the realization of
                                                                       the use of funds and PMN KPIs in accordance with the provisions
                                                                       of the SOE Ministerial Regulation No. PER-1/MBU/03/2021

      Menyusun langkah yang tepat untuk peningkatan kinerja        Pada RKAP 2023 telah disusun berbagai strategi dari setiap bidang           Sesuai Rekomendasi /
      operasional terutama pada Divisi Regional (Divre),           Direktorat guna peningkatan kinerja dan memenuhi target pada                Implemented as Per
      Daerah Operasi (Daop), dan Balai Yasa yang masih             tahun 2023 yang telah tertuang di buku RKAP 2023 serta di lampiran          Recommendations
      mengalami kerugian dari sisi finansial dengan mengurangi     Kontrak Manajemen Daerah sebagai bentuk Komitmen antara Direksi
      pengeluaran beban biaya yang tidak produktif dalam           dan Kepala Daerah dalam menentukan targetnya. Salah satu upaya
      rangka melakukan efisiensi. / Develop appropriate steps      yang dilakukan untuk peningkatan kinerja operasional terutama
      to improve operational performance, especially in            pada Divisi Regional (Divre), Daerah Operasi (Daop), dan Balai Yasa
      Regional Divisions (Divre), Operational Areas (Daop),        adalah : / In the 2023 RKAP, various strategies have been prepared
      and Service Centers which are still experiencing financial   from each Directorate field to improve performance and meet the
      losses by reducing unproductive costs in order to            2023 targets that have been stated in the 2023 RKAP book and in
      increase efficiency.                                         the Regional Management Contract attachment as a form of
                                                                   commitment between the Board of Directors and the Regional
                                                                   Head in determining their targets. One of the efforts made to improve
                                                                   operational performance, especially in the Regional Division (Divre),
                                                                   Operational Area (Daop), and Balai Yasa is:
                                                                    a. Menetapkan target dan langkah-langkah yang optimis atau
                                                                       lebih tinggi daripada tahun sebelumnya; / Setting targets and
                                                                       steps that are optimistic or higher than the previous year;
 23
                                                                    b. Evaluasi kinerja daerah setiap bulan ditinjau dari laporan
                                                                       keuangannya; / Monthly regional performance evaluation is
                                                                       reviewed from its financial report;
                                                                    c. Merumuskan indikator pada masing-masing Daerah untuk
                                                                       meningkatkan target kinerja keuangan dibandingkan dengan
                                                                       tahun sebelumnya, termasuk di dalamnya Menetapkan
                                                                       indikator “Efisiensi biaya usaha”. / Formulate indicators in each
                                                                       Region to improve financial performance targets compared
                                                                       to the previous year, including Determining the “Business cost
                                                                       efficiency” indicator.
                                                                    d. Setiap bulannya dilakukan evaluasi kinerja dan Rapat Exkom
                                                                       oyang dihadiri oleh beberapa Dewan Komisaris, Dewan Direksi
                                                                       dan Kepala Daop/Divre/ Balai Yasa untuk dilakukan evaluasi
                                                                       atas kinerja Daerah. / Every month, a performance evaluation
                                                                       and Excom Meeting are conducted which are attended by several
                                                                       Board of Commissioners, Board of Directors and Head of Daop/
                                                                       Divre/ Balai Yasa to conduct an evaluation of the performance
                                                                       of the Region.




                            Laporan Tahunan dan Keberlanjutan
274                                                                                                                       PT Kereta Api Indonesia (Persero)
                              Annual and Sustainability Report
Page 275
                                         Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                             Arahan                                                        Tindak Lanjut                                        Keterangan
  No
                           Instructions                                                      Follow-up                                          Information

        Menjaga dan memelihara kualitas sarana dan prasarana      a. Peningkatan Hasil pengukuran Kategori “BAIK” / Improvement              Sesuai Rekomendasi /
        perkeretaapian      untuk   meningkatkan      standar        of measurement results Category “GOOD”                                  Implemented as Per
        keselamatan perjalanan kereta api. / Maintain and            Program dan Realisasi kategori baik s/d Juni 2023 / Program             Recommendations
        maintain the quality of railway Rolling Stock and            and Realization of good category until June 2023
        infrastructure to improve the safety standards of train        – Program : 5,365.000 km’sp / Program : 5,365.000 km’sp
        travel.                                                        – Realisasi : 5,454.362 km’sp / Realization : 5,454.362 km’sp
                                                                  b. Peningkatan Waktu Tempuh / Increased Travel Time
                                                                       – Peningkatan V max 120 km/jam di pulau Jawa (Sesuai dengan
                                                                          GAPEKA 2023 1217,294 km’sp) / Increased V max 120 km/h
                                                                          in Java Island (According to GAPEKA 2023 1217,294 km’sp)
                                                                       – Peningkatan V max 75 km/jam di KA Babaranjang (Sesuai
                                                                          dengna GAPEKA 2023 155,610 km’sp) / Increase 75 km/h
                                                                          on KA Babaranjang (According to GAPEKA 2023 155,610
                                                                          km’sp)
                                                                  c. On Progress Program / On Progress Program
                                                                     Peningkatan Kecepatan untuk HUT-KA 2023 sepanjang 279,580
                                                                     km’sp. / Speed Increase for HUT-KA 2023 along 279,580 km’sp.
                                                                  d. Melaksanakan perawatan sarana (Lok, KRD, Kereta dan Gerbong)
                                                                     sesuai dengan checksheet yang berdasarkan PM, PD, MI. Baik
                                                                     perawatan di Balai Yasa (P24, P48, P36 dan P72) maupun
                                                                     perawatan di lintas (DC, P1, P3, P6, P12); / Carrying out maintenance
                                                                     of Rolling Stock (Loc, KRD, Trains and Carriages) in accordance
                                                                     with the checksheet based on PM, PD, MI. Both maintenance
                                                                     at Balai Yasa (P24, P48, P36 and P72) and maintenance on
                                                                     the line (DC, P1, P3, P6, P12);
                                                                  e. Pengadaan sukucadang perawatan sarana (Lok, KRD, Kereta
                                                                     dan Gerbong) yang berkualitas sesuai rekomendasi pabrikan;
                                                                     / Procurement of quality maintenance spare parts for Rolling
  24
                                                                     Stock (Loc, KRD, Trains and Carriages) according to manufacturer
                                                                     recommendations;
                                                                  f. Menjamin ketersediaan suku cadang perawatan schedule dan
                                                                     unschedule dengan strategi pegadaan yang tepat dan efektif
                                                                     dengan metode Multi-Years dan/atau LTPA; / Ensuring the
                                                                     availability of scheduled and unscheduled maintenance parts
                                                                     with an appropriate and effective pawnshop strategy with the
                                                                     Multi-Years and/or LTPA method;
                                                                  g. Melakukan peningkatan kompetensi SDM perawatan dengan
                                                                     melakukan pelatihan secara komprehensif dan standar grading
                                                                     (Diklat/Diklap), serta melakukan benchmark perawatan untuk
                                                                     meningkatkan wawasan teknis yang lebih luas; / Improving the
                                                                     competence of maintenance human resources by conducting
                                                                     comprehensive training and standard grading (Diklat/Diklap),
                                                                     as well as conducting maintenance benchmarks to improve
                                                                     broader technical insight;
                                                                  h. Menerapkan digitalisasi perawatan sarana guna menunjang
                                                                     program, pelaksanaan, dan evaluasi hasil perawatan yang lebih
                                                                     efektif dan tepat sasaran. / Implementing digitalization of health
                                                                     care Rolling Stock to support programs, implementation, and
                                                                     evaluation of more effective and targeted care results.
                                                                  i. Pemeliharaan prasarana dalam hal ini fasilitas operasional kereta
                                                                     api,    telah     dilakukan     secara   berkelanjutan       untuk
                                                                     mempertahankan keandalan dan ketersediaan untuk menjamin
                                                                     perjalanan kereta api yang aman dan nyaman. / Maintenance
                                                                     of infrastructure, in this case railway operational facilities, has
                                                                     been carried out continuously to maintain reliability and
                                                                     availability to ensure safe and comfortable train travel.




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                                        Tata Kelola Perusahaan
                                        Good Corporate Governance




Pelaksanaan RUPS Tahunan Kinerja Tahun 2022                         Implementation of the Annual GMS Performance in
                                                                    2022

 Hari dan Tanggal        Jumat, 23 Juni 2023
 Day and Date            Friday, June 23 rd, 2023

 Waktu                   09.25 - 11.00 WIB
 Time

 Tempat                  Hotel Borobudur, Ruang Majapahit Jalan Lapangan Banteng Selatan No.1, Pasar Baru, Sawah
 Place                   Besar, Jakarta Pusat.
                         Hotel Borobudur, Majapahit Room Jalan Lapangan Banteng Selatan No.1,, Pasar Baru,
                         Sawah Besar, Jakarta Pusat.


Rekapitulasi Kehadiran pada RUPST Kinerja PT Kereta                 Recapitulation of Attendance at the AGMS Performance
Api Indonesia (Persero) Tahun Buku 2022                             of PT Kereta Api Indonesia (Persero) for the 2022
                                                                    Financial Year

                     Nama                                           Jabatan                                  Keterangan
 No
                     Name                                           Position                                 Description


 Kuasa Pemegang Saham / Shareholder Proxy

  1               Desty Arliani              Asisten Deputi Bidang Jasa Logistik Kementerian               Hadir / Present
                                             BUMN / Assistant Deputy for Logistics Services at the
                                             Ministry of SOE

 Direksi / Board of Directors

  1             Didiek Haryanto              Direktur Utama / President director                           Hadir / Present

  2              Salusra Wijaya              Direktur Keuangan dan Manajemen Risiko / Managing             Hadir / Present
                                             Director of Finance and Risk Management

  3      Awan Hermawan Purwadinata           Direktur Operasi / Managing Director of Operations            Hadir / Present

  4              John Robertho               Direktur Perencanaan Strategis dan Pengembangan               Hadir / Present
                                             Usaha / Managing Director of Strategic Planning and
                                             Business Development

  5             Heru Kuswanto                Direktur Pengelolaan Prasarana / Managing Director of         Hadir / Present
                                             Infrastructure

  6           Sandry Pasambuna               Direktur Keselamatan dan Keamanan / Managing                  Hadir / Present
                                             Director of Safety and Security

  7                 Suparng                  Direktur SDM dan Umum / Managing Director of HR               Hadir / Present
                                             and General Affairs

  8           Hadis Surya Palapa             Direktur Niaga / Managing Director of Commerce                Hadir / Present

 Dewan Komisaris / Board of Commissioners

  1              Said Aqil Siroj,            Komisaris Utama dan Komisaris Independen / President          Hadir / Present
                                             Commissioner and Independent Commissioner

  2               Riza Primadi               Komisaris Independen / Independent Commissioner               Hadir / Present

  3                 Rochadi                  Komisaris Independen / Independent Commissioner               Hadir / Present

  4              Endang Tirtan               Komisaris Independen / Independent Commissioner               Hadir / Present

  5       Sri Paduka Mangkoenagoro X         Komisaris / Commissioner                                      Hadir / Present

  6          Mohamad Risal Wasal             Komisaris / Commissioner                                      Hadir / Present

  7         Johan Bakti Porsea Sirait        Komisaris Independen / Independent Commissioner               Hadir / Present

  8              Diah Natalisa               Komisaris / Commissioner                                      Hadir / Present

  9              Chairul Anwar               Komisaris / Commissioner                                      Hadir / Present




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276                                                                                            PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
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                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Keputusan dan Realisasi RUPS Tahunan Kinerja PT                      Decisions and Realization of the Annual GMS
Kereta Api Indonesia (Persero) Tahun Buku 2022                       Performance of PT Kereta Api Indonesia (Persero) for
                                                                     the 2022 Fiscal Year
Keputusan dan Realisasi RUPS Tahunan Kinerja PT Kereta               The decisions and realization of the Annual GMS
Api Indonesia (Persero) Tahun Buku 2022 telah                        Performance of PT Kereta Api Indonesia (Persero) for the
dituangkan dalam Berita Acara RUPS PT Kereta Api                     2022 Fiscal Year have been stated in the Minutes of the
Indonesia (Persero) tentang Kinerja Tahun 2022 No. 09                GMS of PT Kereta Api Indonesia (Persero) concerning 2022
tanggal 23 Juni 2023. Keputusan dan realisasi dari                   Performance No. 09 dated June 23 rd, 2023. Decisions and
masing-masing keputusan pada RUPS Tahunan Kinerja                    realization of each decision at the Annual GMS
PT PT Kereta Api Indonesia (Persero)                                 Performance of PT Kereta Api Indonesia (Persero)


                                                          Agenda Pertama
                                                            First Agenda

 Persetujuan Laporan Tahunan, Perseroan termasuk Laporan Tugas, Pengawasan Dewan Komisaris dan Laporan Pelaksanaan Tanggung
   Jawab Sosial dan Lingkungan untuk Tahun Buku 2022, serta Pengesahan Laporan Keuangan Konsolidasian Perseroan Tahun Buku
    2022. / Approval of the Company's Annual Report, including the Task Report, Supervision of the Board of Commissioners and the
   Report on the Implementation of Social and Environmental Responsibility for the 2022 Financial Year, as well as Ratification of the
                                Company's Consolidated Financial Report for the 2022 Financial Year.


Keputusan                                                            Decision
Menyetujui Laporan Tahunan Perseroan termasuk Laporan                Approved the Company's Annual Report including the
Tugas Pengawasan Dewan Komisaris untuk Tahun Buku                    Board of Commissioners' Supervisory Duties Report for
2022 dan Laporan Pelaksanaan Tanggung Jawab Sosial                   the 2022 Financial Year and the Social and Environmental
dan Lingkungan untuk Tahun Buku 2022, serta                          Responsibility Implementation Report for the 2022
mengesahkan Laporan Keuangan Konsolidasian Perseroan                 Financial Year, as well as ratifying the Company's
Tahun Buku 2022 yang berakhir pada tanggal 31                        Consolidated Financial Report for the 2022 Financial Year
Desember 2022 yang telah diaudit oleh Kantor Akuntan                 ending on December 31 st, 2022 which has been audited
Publik (KAP) Amir Abadi Jusuf, Aryanto, Mawar, & Rekan               by the Public Accounting Firm (KAP) Amir Abadi Jusuf,
sebagaimana dimuat dalam laporannya Nomor: 00635/2.                  Aryanto, Mawar, & Partners as published in their report
1030/AU. 1/06/0645-1/1/V/2023 tanggal 29 Mei 2023                    Number: 00635/2. 1030/AU. 1/06/0645-1/1/V/2023 dated May
dengan opini ‘wajar, dalam semua hal yang material’,                 29 th, 2023 with an opinion of 'fair, in all material respects',
serta memberikan pelunasan dan pembebasan                            and providing full repayment and release of liability
tanggung jawab sepenuhnya (volledig acquit et de                     (volledig acquit and charge) to all members of the Board
charge) kepada seluruh Anggota Direksi atas tindakan                 of Directors for their management actions of the
pengurusan Perseroan dan Dewan Komisaris atas                        Company and the Board of Commissioners for their
tindakan pengawasan Perseroan yang telah dijalankan                  supervisory actions of the Company which have been
selama tahun buku yang berakhir pada tanggal 31                      carried out during the financial year ending December
Desember 2022, sepanjang tindakan tersebut bukan                     31 st, 2022, as long as these actions do not constitute
merupakan tindak pidana dan telah tercermin dalam                    criminal acts and have been reflected in the reports
laporan-laporan tersebut di atas.                                    mentioned above.


                                                           Agenda Kedua
                                                           Second Agenda

 Pengesahan Laporan Keuangan, Program Pendanaan Usaha Mikro dan Usaha Kecil (PUMK) Tahun Buku 2022. / Ratification of Financial
                        Reports, Micro and Small Business Funding Program (PUMK) for Fiscal Year 2022..


Keputusan                                                            Decision
Mengesahkan Laporan Keuangan Program PUMK untuk                      Ratify the PUMK Program Financial Report for the 2022
Tahun Buku 2022 yang berakhir pada tanggal 31                        Financial Year ending on December 31 st, 2022 which is
Desember 2022 yang menjadi bagian dari Laporan                       part of the Social and Environmental Responsibility Report
Tanggung Jawab Sosial dan Lingkungan yang telah                      which has been audited by the Public Accounting Firm
diaudit oleh Kantor Akuntan Publik (KAP) Amir Abadi                  (KAP) Amir Abadi Jusuf, Aryanio, Mawar, & Partners as
Jusuf, Aryanio, Mawar, & Rekan sebagaimana dimuat                    stated in its report Number: 00729/2.1030/AU.2/12/0645-
dalam laporannya Nomor:00729/2.1030/AU.2/12/0645-                    1/0N1/2023 dated March 22nd, 2023 with an opinion of "fair,
1/0N1/2023 tanggal 22 Maret 2023 dengan opini “wajar,                in all material respects", and providing full repayment
dalam semua hal yang material’, serta memberikan                     and release of liability (volledig acquit and charge) to all
pelunasan    dan    pembebasan    tanggung     jawab                 members of the Board of Directors for their management
sepenuhnya (volledig acquit et de charge) kepada                     actions of the Company and the Board of Commissioners
seluruh Anggota Direksi atas tindakan pengurusan                     for their supervisory actions
Perseroan dan Dewan Komisaris atas tindakan
pengawasan




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                                                                         Annual and Sustainability Report
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                                      Tata Kelola Perusahaan
                                      Good Corporate Governance




Perseroan pada Program Pendanaan Usaha Mikro dan                    Company in the Micro and Small Business Funding
Usaha Kecil yang telah dijalankan dalam Tahun Buku 2022             Program which has been implemented in the 2022
sepanjang tindakan tersebut bukan merupakan tindak                  Financial Year as long as the action is not a criminal act
pidana dan telah tercermin dalam laporan-laporan                    and has been reflected in the reports mentioned above.
tersebut di atas.

                                                          Agenda Ketiga
                                                           Third Agenda

   Penetapan Penggunaan Laba Bersih Perseroan untuk Tahun Buku 2022. / Determining the Use of the Company's Net Profit for the
                                                     2022 Financial Year.


Keputusan                                                           Decision
Menetapkan penggunaan Laba Bersih Atribusi Pemilik                  Determine the use of Net Profit Attribution to Owners
Entitas Induk Perseroan Tahun Buku 2022 sebesar                     of the Company's Parent Entity for the 2022 Fiscal Year
Rp1.782.040.477.000,00 (satu triliun tujuh ratus delapan            amounting to Rp1,782,040,477,000.00 (one trillion seven
puluh dua miliar empat puluh juta empat ratus tujuh                 hundred eighty-two billion forty million four hundred and
puluh tujuh ribu rupiah), sebagai berikut                           seventy-seven thousand rupiah), as follows

  1. Sebesar Rp900.000.000.000,00 (sembilan ratus                      1. In the amount of Rp900,000,000,000.00 (nine
     miliar rupiah) sebagai Cadangan yang ditujukan                       hundred billion rupiah) as reserves designated as
     sebagai sinking fund, untuk ditempatkan dalam                        a sinking fund, to be placed in a special account
     rekening khusus dalam rangka pemenuhan Cash                          for the purpose of fulfilling Cash Deficiency Support
     Deficiency Support pengoperasian KCJB dan                            operation of KCJB and repayment of loans from CDB
     pembayaran pinjaman dari CDB sehubungan                              in connection with funding cost overrun KCJB
     dengan pendanaan cost overrun Proyek KCJB; dan                       Project; and
  2. Sebesar Rp882.040.477.000,00 (delapan ratus                       2. In the amount of Rp882,040,477,000.00 (eight
     delapan puluh dua miliar empat puluh juta empat                      hundred eighty-two billion forty million four
     ratus tujuh puluh tujuh ribu Rupiah) sebagai                         hundred and seventy-seven thousand Rupiah) as
     Cadangan Lainnya.                                                    Other Reserves.


                                                         Agenda Keempat
                                                          Fourth Agenda

  Penetapan Remunerasi (gaji/honorarium, fasilitas, dan tunjangan) Tahun 2023 dan Tantiem Tahun Buku 2022 bagi Direksi dan Dewan
   Komisaris Perseroan. / Determining Remuneration (salary/honorarium, facilities and allowances) for 2023 and Tantiem for the 2022
                               Financial Year for the Company's Directors and Board of Commissioners.


Keputusan                                                           Decision
Besaran Tantiem Tahun Buku 2022, Gaji untuk Direksi                 The amount of Tantiem for the 2022 Financial Year,
dan Honorarium untuk Dewan Komisaris berikut Fasilitas              Salaries for Directors and Honorarium for the Board of
dan Tunjangan Lainnya untuk Tahun 2023 akan                         Commissioners along with other Facilities and Allowances
ditetapkan secara tersendiri.                                       for 2023 will be determined separately.


                                                          Agenda Kelima
                                                           Fifth Agenda

 Penunjukan Akuntan Publik (AP) dan/atau Kantor Akuntan Publik (KAP)untuk mengaudit Laporan Keuangan Konsolidasian Perseroan
 dan Laporan Keuangan Program Pendanaan Usaha Mikro dan Kecil (PUMK) serta Non PUMK untuk Tahun Buku 2023. / Appointment of
     a Public Accountant (AP) and/or Public Accounting Firm (KAP) to audit the Company's Consolidated Financial Report and the
       Financial Report of the Micro and Small Enterprise Funding Program (PUMK) and Non-PUMK for the 2023 Financial Year.


Keputusan                                                           Decision
  1. Menunjuk KAP Amir Abadi Jusuf, Aryanto, Mawar,                   1. Appoint KAP Amir Abadi Jusuf, Aryanto, Mawar, &
     & Rekan untuk melakukan audit umum atas Laporan                     Partners to conduct a general audit of the Company's
     Keuangan Konsolidasian PerseroanTahun Buku 2023                     Consolidated Financial Report for the 2023 Fiscal
     dan Laporan Keuangan Program Pendanaan Usaha                        Year and the Financial Report of the Company's
     Mikro dan Usaha Kecil (PUMK) Perseroan serta Non                    Micro and Small Enterprise (PUMK) and Non-PUMK
     PUMK untuk Tahun Buku 2023.                                         Funding Programs for the 2023 Fiscal Year.
  2. Memberikan wewenang dan kuasa kepada Dewan                       2. Grant authority and power to the Company's Board
     Komisaris Perseroan untuk menunjuk Kantor                           of Commissioners to appoint a Public Accounting
     Akuntan Publik dan/atau Akuntan Publik untuk                        Firm and/or Public Accountant to audit the
     melakukan audit atas Laporan Keuangan Perseroan                     Company's Financial Report for other periods in the
     periode lainnya pada Tahun Buku 2023 untuk tujuan                   2023 Financial Year for the purposes and interests




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278                                                                                             PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 279
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




     dan kepentingan Perseroan.                                          of the Company.
  3. Memberikan pelimpahan kewenangan kepada                          3. Grant delegation of authority to the Board of
     Dewan Komisaris untuk menetapkan besaran                            Commissioners to determine the amount of
     imbalan jasa audit, penambahan ruang lingkup                        compensation for audit services, increase the scope
     pekerjaan yang diperlukan dan persyaratan lainnya                   of work required and other reasonable requirements
     yang wajar bagi Kantor Akuntan Publik tersebut,                     for the Public Accounting Firm, as well as
     serta menetapkan Kantor Akuntan Publik                              determine a replacement Public Accounting Firm
     pengganti dalam hal Kantor Akuntan Publik Amir                      in the case of the Public Accounting Firm Amir
     Abadi Jusuf, Aryanto, Mawar, & Rekan, karena sebab                  Abadi Jusuf, Aryanto, Mawar, & Colleagues, for
     apapun tidak dapat menyelesaikan audit Laporan                      whatever reason are unable to complete the audit
     Keuangan Perseroan, Laporan Keuangan Program                        of the Company's Financial Statements, Micro and
     Pendanaan Usaha Mikro dan Usaha Kecil (PUMK)                        Reports and Jain reports for the 2023 Financial Year,
     dan laporan Jainnya untuk Tahun Buku 2023,                          including determining fees for audit services and
     termasuk menetapkan imbalan jasa audit dan                          other requirements for the replacement Public
     persyaratan lainnya bagi Kantor Akuntan Publik                      Accounting Firm.
     pengganti tersebut.


                                                        Agenda Keenam
                                                         Sixth Agenda

    Laporan Realisasi Penggunaan ,Tambahan Dana Penyertaan Modal Negara. / Report on the Realization of Use of Additional State
                                                 Capital Participation Funds.


Keputusan                                                          Decision
Menerima Laporan Realisasi Penggunaan Tambahan Dana                Receive the Realization Report on the Use of Additional
Penyertaan Modal Negara (PMN) yang berasal dari APBN               State Capital Participation Funds (PMN) originating from
Tahun Anggaran 2021 untuk periode Tahun Buku 2022                  the 2021 Fiscal Year APBN for the 2022 Financial Year
dengan ketentuan semua kegiatan dan penggunaan                     period provided that all activities and use are in
telah sesuai dengan Kajian Bersama PMN dan Peraturan               accordance with the PMN Joint Review and SOE
Menteri BUMN Nomor: PER-2/MBU/03/2023 tentang                      Ministerial Regulation Number: PER-2/MBU/03/ 2023
Pedoman Tata Kelola dan Kegiatan Korporasi Signifikan              concerning Guidelines for Governance and Significant
Badan Usaha Milik Negara, sepanjang tidak ditemukan                Corporate Activities of State-Owned Enterprises, as long
adanya penyimpangan di kemudian hari. Direksi diminta              as no irregularities are found in the future. Directors are
agar mengoptimalkan penyerapan dana PMN untuk                      asked to optimize the absorption of PMN funds to
penyelesaian pembangunan Proyek LRT Jabodebek                      complete the construction of the Jabodebek LRT Project
sesuai target yang telah ditetapkan.                               according to the targets that have been set.


                                                        Agenda Lain-lain
                                                         Other Agenda

   Persetujuan Penyisihan Sinking Fund untuk Pembayaran Pinjaman Cost Overrun dan Pemenuhan Cash Deficiency Support Proyek
 Kereta Cepat Jakarta Bandung. / Approval of Sinking Fund Allowance for Loan Payments Cost Overrun and Fulfillment Cash Deficiency
                                             Support Jakarta Bandung Fast Train Project.


Keputusan                                                          Decision
Menyetujui penyisihan dana setiap tahun. sebagai sinking           Approve the allocation of funds every year. as sinking
fund untuk ditempatkan dalam rekening khusus dalam                 fund to be placed in a special account for fulfillment
rangka    pemenuhan      Cash     Deficiency   Support             purposes Cash Deficiency Support operation of the Jakarta
pengoperasian Kereta Cepat Jakarta Bandung dan                     Bandung Fast Train and payment of loans from China
pembayeran pinjaman dari China Development Bank                    Development Bank in connection with funding cost
sehubungan dengan pendanaan cost overrun Proyek                    overrun Jakarta Bandung Fast Train Project, the
Kereta Cepat Jakaria Bandung, yang perhitungannya                  calculations of which come from:
berasal dari:

  1. Pendapatan yang berasal dari kenaikan tarif                      1. Revenue derived from increases in coal
     angkutan batu bara di luar dari kenaikan tarif dasar                transportation rates outside of the 4% annual base
     tahunan 4% sesuai dengan Keputusan Komite KCJB                      rate increase in accordance with KCJB Committee
     Nomor B-1986/MENKO/P.04.00/V/2023 tanggal 17                        Decree Number B-1986/MENKO/P.04.00/V/2023
     Mei 2023                                                            dated May 17 th, 2023
  2. Dividen bagian Pemerintah yang tidak ditarik.                    2. Government dividends that are not withdrawn.

Keputusan ini berlaku mulai dari tahun buku 2023 sampai            This decision is valid from the 2023 financial year until
dengan adanya Keputusan RUPS lebih lanjut.                         further GMS decisions are made.




                                                                   Laporan Tahunan dan Keberlanjutan
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                                                                       Annual and Sustainability Report
Page 280
                                         Tata Kelola Perusahaan
                                         Good Corporate Governance




Arahan Pemegang Saham                                                        Shareholder Instructions

                       Arahan                                                   Tindak Lanjut                                          Keterangan
 No
                     Instructions                                                 Follow-up                                            Information

      Direksi agar memaksimalkan potensi            a. Angkutan Semen / Cement Transportation                                    Sesuai Rekomendasi /
      pendapatan dan volume angkutan barang             1) Sudah dilakukan penambahan HO Tjh - Kpt sebelumnya berjalan           Implemented as Per
      selain batubara, dengan mencari alternatif           2 hari sekali menjadi jalan tiap hari mulai 1 Agustus 2023. / The     Recommendations
      muatan yang berpotensi memberikan                    addition of HO Tjh - Kpt previously running once every 2 days to
      pendapatan kepada perusahan. / The Board             running every day starting August 1 st, 2023.
      of Directors should maximize the potential        2) Peningkatan hari operasi dan penambahan SF untuk angkutan
      income and volume of transportation of               mitra existing ( SMBR Relasi Tjh - KPT dan SIG Relasi Krl -
      freight other than coal, by looking for              Brumbung) / Increased operating days and additional SF for
      alternative cargo that has the potential to          existing partner transportation (SMBR Relation Tjh - KPT and
      provide income to the company.                       SIG Relation Krl - Brumbung)


                                                    b. Peti Kemas / Containers
                                                        1) Menambah HO Kalog 1 sebelumnya berjalan 5 hari/minggu menjadi
                                                            6 hari/minggu. / Add HO Kalog 1 previously running 5 days/week
                                                            to 6 days/week.
                                                        2) Menambah HO Ka JPT sebelumnya 6 hari/minggu menjadi 7 hari/
                                                            minggu. / Add HO Ka JPT previously running 6 days/week to 7
                                                            days/week.
                                                        3) Terus memperluas pasar angkutan barang dengan melakukan
                                                            berbagai langkah, menjajaki rute-rute baru untuk berbagai komoditi
                                                            guna peningkatan volume angkutan barang antara lain : / Continue
                                                            to expand the freight transport market by taking various steps,
                                                           exploring new routes for various commodities to increase the
                                                           volume of freight transport, including:
                                                             a) Peningkatan hari operasi dan penambahan jenis produk untuk
                                                                angkutan mitra existing ( Relasi Kalimas – TPK, Kontainer
                                                                Roll Off) / Increased operating days and addition of product
                                                                types for existing partner transportation (Kalimas - TPK
                                                                Relations, Roll Off Containers)
  1
                                                             b) Menjalin Kerjasama dengan PSL untuk layanan angkutan
                                                                barang terpadu (D2D)untuk potensi angkutan baru dari
                                                                Cirebon – Jakarta dengan membangun terminal Cangkring
                                                                / Establishing cooperation with PSL for integrated freight
                                                                transportation services (D2D) for new transportation
                                                                potential from Cirebon - Jakarta by building the Cangkring
                                                                terminal
                                                             c) Menjalin Kerjasama dengan PSA untuk layanan angkutan
                                                                Container domestic dan internasional relasi NPCT1-KBS/ KIT
                                                                Batang / Establishing cooperation with PSA for domestic
                                                                and international container transportation services for NPCT1-
                                                                KBS/ KIT Batang relations
                                                             d) Menjalin Kerjasama dengan Prima Indonesia Logistik untuk
                                                                potensi angkutan dari Belawan dan Kualatanjung / Establishing
                                                                cooperation with Prima Indonesia Logistik for transportation
                                                                potential from Belawan and Kualatanjung


                                                    c. Perkebunan / Plantation
                                                       Penambahan relasi baru untuk angkutan mitra existing (PTPN IV Relasi
                                                       PKS Tinjowan – Belawan ) dan mencari potensi angkutan baru BD /
                                                       Addition of new relations for existing partner transportation (PTPN
                                                      IV PKS Tinjowan – Belawan Relations) and seeking new transportation
                                                      potential BD


                                                    d. Retail / Retail
                                                       Menambah / menggandengkan gerbong B pada KA penumpang yang
                                                       SF nya masih belum maksimal ( GBMS & Majapahit) / Adding / coupling
                                                       B carriages to passenger trains whose SF is still not optimal (GBMS
                                                       & Majapahit)




                         Laporan Tahunan dan Keberlanjutan
280                                                                                                             PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 281
                                            Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                           Arahan                                                          Tindak Lanjut                                            Keterangan
  No
                         Instructions                                                        Follow-up                                              Information

                                                            Menjalankan sinergi BUMN Logistik: / Implementing SOE Logistics synergy:
                                                             1. Kerjasama KAI Group dengan PT ASDP Indonesia Ferry (ASDP Group)
                                                                untuk mengembangkan sinergi dan integrasi angkutan barang (General
                                                                Cargo) E2E antar pulau. / Cooperation between KAI Group and PT
                                                                ASDP Indonesia Ferry (ASDP Group) to develop synergy and integration
                                                                of inter-island E2E freight transport (General Cargo).
                                                             2. Kerjasama KAI Group dengan Pelindo Group untuk mengembangkan
                                                                sinergi dan integrasi angkutan barang (Containerized) E2E multimoda.
                                                                / Cooperation between KAI Group and Pelindo Group to develop synergy
                                                                and integration of E2E multimodal freight transport (Containerized).
                                                             3. Kerjasama KAI Group dengan Pelindo Group untuk mengembangkan
                                                                sinergi dan integrasi 5 angkutan barang (Containerized) E2E multimoda
                                                                relasi TPK Gedebage – Sta. JICT – Dermaga JICT Tj. Priok. / Cooperation
                                                                between KAI Group and Pelindo Group to develop synergy and
                                                                integration of 5 E2E multimodal freight transport (Containerized)
                                                                relations TPK Gedebage – Sta. JICT – JICT Tj. Priok Pier.
                                                             4. Kerjasama KAI Group dengan Pelindo Group untuk mengembangkan
                                                                sinergi dan integrasi angkutan barang (Containerized) P2DD2P dari
                                                                / menuju TPK Semarang di Tanjung Mas 5. Kerjasama KAI Group –
                                                                KBS Group – NPCT1/PSA terkait rencana uji coba angkutan petikemas
                                                                P2P relasi NPCT1 - Sta.Pasoso – Sta. krenceng – TPK KJL/KBS Group.
                                                                / Cooperation between KAI Group and Pelindo Group to develop synergy
                                                                and integration of P2DD2P freight transport (Containerized) from /
                                                                to TPK Semarang in Tanjung Mas



                                                            Menjalankan sinergi KAI Group dengan Swasta. / Running synergy between
                                                            KAI Group and the Private Sector.
                                                             1. Rencana Kerjasama KAI Group dengan PSA Indonesia untuk
                                                                mengembangkan Ekosistem Logistik Perkeretaapian yang terintegrasi
                                                                dengan PSA Indonesia. Piloting project untuk pengembangan Terminal/
                                                                Depo container di area Sta. Pelabuhan terkoneksi ke KIT Batang. / KAI
                                                                Group Cooperation Plan with PSA Indonesia to develop a Railway
                                                                Logistics Ecosystem integrated with PSA Indonesia. Piloting project
                                                                for the development of a Terminal/Container Depot in the Port Station
                                                                area connected to KIT Batang.
                                                             2. Rencana Kerjasama KAI Group dengan PT TJP (Trans Jaya Persada)
                                                                untuk mengembangkan angkutan barang relasi Sta. Indro – Sta. Pasoso
                                                                / Sta. Nambo Bogor. / KAI Group Cooperation Plan with PT TJP (Trans
                                                                Jaya Persada) to develop freight transportation relations Sta. Indro
                                                                – Sta. Pasoso / Sta. Nambo Bogor.

        Direksi agar mengevaluasi dan menyusun              Mitigasi/Kajian Risiko sudah dilakukan oleh Divisi Manajemen Risiko atas          Sesuai Rekomendasi /
        mitigasi risiko atas kenaikan beban Bahan           Permohonan Kajian dan Mitigasi Risiko Penyesuaian Struktur Organisasi             Implemented as Per
        Bakar Minyak (BBM) & Listrik Aliran Atas (LAA)      Divisi Logistik dan Pengadaan BBM Non Subsidi Melalui Penyedia Alternatif         Recommendations
        serta pembatasan kuota BBM bersubsidi               melalui Nota Dinas Internal Nomor 5/KP.101/VI/KA/2023 tanggal 26 Juni
        ferhadap               kemungkinanterjadinya        2023. / Risk Mitigation/Review has been carried out by the Risk Management
        penurunan profitabilitas segmen usaha               Division for the Application for Risk Study and Mitigation for Adjusting
        tertentu.                                           the Organizational Structure of the Logistics Division and Procurement
        The Board of Directors should evaluate and          of Non-Subsidized Fuel Through Alternative Providers through Internal
        develop risk mitigation for increases in fuel       Service Note Number 5/KP.101/VI/KA/2023 dated June 26 th, 2023.
        oil (BBM) & overhead electricity (LAA) costs
        as well as restrictions on subsidized fuel quotas   Biaya tagihan Listrik Aliran Atas (LAA) di Daop 1 Jakarta dan Daop 6 Yogyakarta
   2    against the possibility of a decline in the         untuk Tahun 2022 dan sampai dengan Juli 2023 telah menggunakan dasar
        profitability of certain business segments.         perhitungan Golongan Tarif Tenaga Listrik Untuk Keperluan Traksi (tarif
                                                            subsidi) dan sudah sesuai dengan tujuan penggunaannya yaitu untuk
                                                            Pelayana Publik Tarif subsidi LAA KAI perlu dipertahankan, sehingga risiko
                                                            atas kenaikan biaya operasional akibat tagihan rekening listrik dapat
                                                            diminimalisir / The cost of the Upper Flow Electricity (LAA) bill in Daop 1
                                                            Jakarta and Daop 6 Yogyakarta for 2022 and up to July 2023 has used
                                                            the calculation basis for the Electricity Tariff Group for Traction Needs
                                                            (subsidized tariff) and is in accordance with its intended use, namely for
                                                            Public Services. The KAI LAA subsidized tariff needs to be maintained, so
                                                            that the risk of increasing operational costs due to electricity bills can be
                                                            minimized




                                                                                       Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                                    281
                                                                                           Annual and Sustainability Report
Page 282
                                             Tata Kelola Perusahaan
                                             Good Corporate Governance




                        Arahan                                                         Tindak Lanjut                                            Keterangan
 No
                      Instructions                                                       Follow-up                                              Information

      Direksi agar memperbaiki dokumentasi untuk         Telah dilakukan pemisahan akun dalam Laporan Laba Rugi untuk biaya              Masih Dalam
      memenuhi persyaratan pengakuan biaya dan           IMO atas BMN (barang milik negara) dan saat ini sedang dilakukan                Penyelesaian / Still Being
      investasi yang termasuk komponen IMO               pengembangan aplikasi DMS (document management system) yang diikuti             Resolved
      sesuai dengan ketentuan perundang-                 penyesuaian proses bisnis administrasi keuangan mengacu SOP Perdirjen
      undangan yang berlaku.                             KA Kemenhub sebagai media untuk pemenuhan kelengkapan dokumentasi
      The Board of Directors must improve                biaya IMO. / Account separation has been carried out in the Profit and
  3
      documentation to meet the requirements             Loss Report for IMO costs for BMN (state-owned goods) and currently
      for recognizing costs and investments which        the development of a DMS (document management system) application
      include IMO components in accordance               is being carried out, followed by adjustments to the financial
      with applicable statutory provisions.              administration business process referring to the SOP of the Directorate
                                                         General of Railways of the Ministry of Transportation as a medium for
                                                         fulfilling the completeness of IMO cost documentation.

      Direksi agar melakukan upaya realisasi investasi   Investasi pengadaan sarana untuk angkutan barang Sumbagsel                      Masih Dalam
      sesuai perencanaan (cost and schedule),            disesuaikan dengan penyelesaian pembangunan infrastruktur baik prasarana        Penyelesaian / Still Being
      terutama terkait Proyek Strategis Nasional         perkeretaapian maupun terminal bongkar muat batubara. Tahun 2023–2026           Resolved
      dan pengembangan angkutan batubara                 PT KAI akan melaksanakan investasi 54 unit lokomotif dan 2130 unit gerbong
      Sumatera Selatan yang penyerapannya belum          untuk angkutan barang di Sumbagsel. Skema pendanaan diusulkan dengan
      maksimal pada tahun 2022 dengan tetap              izin prinsip dimana pembayaran dilakukan dengan menyesuaikan waktu
      memperhatikan skala prioritas dan kemampuan        kedatangan sarana sehingga penyerapan budget investasi lebih optimal.
      keuangan perusahaan.                               / Investment in procurement of Rolling Stock for freight transportation
      The Board of Directors should make efforts         in South Sumatra is adjusted to the completion of infrastructure
      to realize investments according to planning       development, both railway infrastructure and coal loading and unloading
      (cost and schedule), especially regarding the      terminals. In 2023–2026, PT KAI will invest in 54 locomotive units and 2,130
      National Strategic Project and the                 carriage units for freight transportation in South Sumatra. The funding
      development of South Sumatra coal                  scheme is proposed with a principle permit where payments are made
      transportation, the absorption of which will       by adjusting the arrival time of the Rolling Stock so that the absorption
      not be optimal in 2022, while still paying         of the investment budget is more optimal.
      attention to the company's priority scale and
      financial capabilities.                             A. Pengadaan 54 unit lokomotif saat ini masih dalam proses PBJ (evaluasi
                                                             dokumen penawaran) / The procurement of 54 locomotive units is
                                                             currently still in the PBJ process (evaluation of tender documents)


                                                          B. Pengadaan 1164 unit GD 54 ton dan 966 unit GB 50 ton dalam tahapan
                                                             sinkronisasi dokumen pengadaan dengan unit logistik. / Procurement
  4                                                          of 1164 units of GD 54 tons and 966 units of GB 50 tons is in the stage
                                                             of synchronizing procurement documents with the logistics unit.


                                                         Upaya yang dilakukan untuk mencapai realisasi investasi secara maksimal
                                                         diantaranya sebagai berikut: / Efforts made to achieve maximum investment
                                                         realization include the following:
                                                          1. Membuat timeline pekerjaan yang lebih terukur; / Creating a more
                                                             measurable work timeline;
                                                          2. Membuat skala prioritas pekerjaan berdasarkan nilai dan lingkupnya;
                                                             / Creating a work priority scale based on its value and scope;
                                                          3. Melakukan percepatan review DED dan harga satuan berdasarkan
                                                             skala prioritas; / Accelerating the review of DED and unit prices based
                                                             on the priority scale;
                                                          4. Melakukan koordinasi lebih intensif dengan Divre III untuk sinkronisasi
                                                             dan percepatan penertiban lahan prioritas; / Coordinating more
                                                             intensively with Divre III for synchronization and acceleration of
                                                             priority land control;
                                                          5. Melakukan koordinasi dengan Tim Pengawas PT KAI (Persero) dan
                                                             mitra kerja agar dapat dilakukan percepatan progres pekerjaan. Menunggu
                                                             tindaklanjut untuk program strategis nasional / Coordinating with the
                                                             PT KAI (Persero) Supervisory Team and work partners so that work
                                                             progress can be accelerated. Waiting for follow-up for national strategic
                                                             programs.

      Direksi agar meningkatkan koordinasi dengan        Telah melakukan koordinasi secara intensif dan berkelanjutan dengan             Sesuai Rekomendasi /
      Kementerian Perhubungan dan stakeholders           Kementerian Perhubungan dan stakeholders untuk mendukung pelayanan              Implemented as Per
      terkait lainnya dalam rangka mendukung             dan kegiatan operasional perusahaan. / Has coordinated intensively and          Recommendations
      pelayanan dan kegiatan operasional                 continuously with the Ministry of Transportation and stakeholders to support
      perusahaan.                                        the company's services and operational activities.
  5
      The Board of Directors should improve
      coordination    with    the   Ministry     of
      Transportation     and    other    relevant
      stakeholders in order to support the
      company's services and operational activities.




                            Laporan Tahunan dan Keberlanjutan
282                                                                                                                     PT Kereta Api Indonesia (Persero)
                              Annual and Sustainability Report
Page 283
                                           Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                          Arahan                                                         Tindak Lanjut                                            Keterangan
  No
                        Instructions                                                       Follow-up                                              Information

        Direksi agar mengoptimalkan perawatan              1. Untuk menambah fitur keselamatan, lokomotif yang akan diadakan                Sesuai Rekomendasi /
        sarana dan prasarana dan Reninesatea                  sudah mengakomodir fatique analysis operator sarana sehingga                  Implemented as Per
        kapasitas SDM untuk menjamin aspek                    apabila masinis mengalami kelelahan pada saat bekerja dapat segera            Recommendations
        keamanan dan keselamatan perjalanan                   diantisipasi sebelum terjadinya KKA. PT KAI sudah berkoordinasi dengan
        angkutan penumpang maupun angkutan                    mitra angkutan swasta maupun PTBA untuk menambah kapasitas
        barang, meminimalisir angka kecelakaan                loading maupun unloading batubara terutama dengan
        kereta api, dan memaksimalkan target                  pembangunan terminal baru maupun penerapan teknologi untuk
        pendapatan, volume dan rencana perjalanan             mengurangi waktu perjalanan KA. / To add safety features, the locomotives
        kereta api.                                           that will be procured have accommodated fatigue analysis of the
        The Board of Directors is to optimize the             Rolling Stock operator so that if the driver experiences fatigue while
        maintenance of Rolling Stock and infrastructure       working, it can be anticipated immediately before a KKA occurs. PT
        and Reninesatea human resource capacity               KAI has coordinated with private transportation partners and PTBA
        to guarantee the security and safety aspects          to increase coal loading and unloading capacity, especially with the
        of passenger and freight transportation,              construction of new terminals and the application of technology to
        minimize the number of train accidents, and           reduce train travel time.
        maximize revenue targets, volume and train
        travel plans.                                      2. Telah dijalankan perawatan dan perbaikan jalur simpang (siding track)
                                                              baik jalur Pertamina maupun non-Pertamina di Jawa dan Sumatera
                                                              melalui unit Jalan Rel dan Jembatan di daerah untuk menjamin jalur
                                                              simpang aman dilalui kereta api angkutan barang. / Maintenance and
                                                              repair of siding tracks for both Pertamina and non-Pertamina lines
                                                              in Java and Sumatra has been carried out through the Railroad and
                                                              Bridge units in the regions to ensure that the siding tracks are safe
                                                              for freight trains to pass through.


                                                          Tindak lanjut optimalisasi perawatan sarana untuk angkutan penumpang
                                                          : / Follow-up to the optimization of maintenance of Rolling Stock for
                                                          passenger transportation:
                                                            a. Sarana KA penumpang yang dipakai pada Gapeka 2023 sudah
                                                               dioptimalkan dengan mempertimbangkan pola perawatan dan
                                                               cadangan/perawatan mulai berlakunya Gapeka 2023. / Passenger train
                                                               Rolling Stock used in Gapeka 2023 have been optimized by considering
                                                               the maintenance pattern and reserves/maintenance starting from
                                                               the implementation of Gapeka 2023.
   6                                                        b. Selama semester 1 2023 sebanyak 713 kali penambahan stamformasi
                                                               KA hasil optimalisasi perawatan sarana. / During the first semester of
                                                               2023, there were 713 additional train stamformations resulting from
                                                               the optimization of Rolling Stock maintenance.


                                                          Pemeliharaan prasarana berupa fasilitas operasional kereta api, telah dilakukan
                                                          secara berkelanjutan untuk mempertahankan keandalan dan ketersediaan
                                                          untuk menjamin perjalanan kereta api yang aman dan nyaman. Sampai
                                                          dengan bulan Juli 2023, pemeliharaan dan perawatan fasilitas operasi kereta
                                                          api telah tercapai dan sesuai dengan program perawatan yaitu sebesar
                                                          58,85%. / Maintenance of infrastructure in the form of railway operational
                                                          facilities has been carried out continuously to maintain reliability and
                                                          availability to ensure safe and comfortable train travel. Until July 2023,
                                                          maintenance and care of railway operational facilities has been achieved
                                                          and in accordance with the maintenance program, which is 58.85%.



                                                          Peningkatan Hasil pengukuran Kategori “BAIK” Program dan Realisasi
                                                          kategori baik s/d Juni 2023. / Improvement of Measurement Results of
                                                          Category “GOOD” Program and Realization of good category until June
                                                          2023.
                                                           a. Program : 5,365.000 km’sp / Program : 5,365.000 km’sp
                                                           b. Realisasi : 5,381.448 km’sp / Realization : 5,381.448 km’sp


                                                          Peningkatan Waktu Tempuh / Travel Time Increase
                                                           a. Peningkatan V max 120 km/jam di pulau jawa (Sesuai dengan GAPEKA
                                                              2023 1217,294 km’sp). / Increase in V max 120 km/h on Java Island
                                                              (According to GAPEKA 2023 1217.294 km’sp).
                                                           b. Peningkatan V max 75 km/jam di KA Babaranjang (Sesuai dengan na
                                                              GAPEKA 2023 155,610 km’sp). / Increase in V max 75 km/h on KA
                                                              Babaranjang (According to na GAPEKA 2023 155.610 km’sp).


                                                          On Progress program / On Progress program
                                                          Peningkatan Kecepatan untuk HUT-KA 2023 sepanjang 866,184 km’sp. /
                                                          Speed Increase for 2023 HUT-KA along 866.184 km’sp.




                                                                                     Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                                  283
                                                                                         Annual and Sustainability Report
Page 284
                                           Tata Kelola Perusahaan
                                           Good Corporate Governance




                       Arahan                                                        Tindak Lanjut                                             Keterangan
 No
                     Instructions                                                      Follow-up                                               Information

                                                      Selain itu, telah dilaksanakan: / In addition, the following have been
                                                      implemented:
                                                       a. Perawatan sarana maupun perawatan di lintas; / Maintenance of Rolling
                                                          Stock and maintenance on the route;
                                                       b. Pengadaan suku cadang perawatan sarana berkualitas sesuai
                                                          rekomendasi pabrikan; / Procurement of quality maintenance spare
                                                          parts for Rolling Stock according to manufacturer recommendations;
                                                       c. Menjamin ketersediaan sukucadang perawatan schedule dan unschedule
                                                          dengan strategi pegadaan yang tepat dan efektif dengan metode
                                                          Multi-Years dan/atau LTPA; / Ensuring the availability of scheduled
                                                          and unscheduled maintenance spare parts with an appropriate and
                                                          effective procurement strategy using the Multi-Years and/or LTPA
                                                          methods;
                                                       d. Melakukan peningkatan kompetensi SDM perawatan dengan melakukan
                                                          pelatihan secara komprehensif dan standar grading (Diklat/Diklap),
                                                          serta melakukan benchmark perawatan untuk meningkatkan
                                                          wawasan teknis yang lebih luas; / Improving the competence of
                                                          maintenance human resources by conducting comprehensive training
                                                          and grading standards (Diklat/Diklap), as well as conducting
                                                          maintenance benchmarks to improve broader technical insight;
                                                       e. Menerapkan digitalisasi perawatan sarana guna menunjang program,
                                                          pelaksanaan, dan evaluasi hasil perawatan yang lebih efektif dan tepat
                                                          sasaran. / Implementing digitalization of maintenance Rolling Stock
                                                          to support more effective and targeted maintenance programs,
                                                          implementation, and evaluation.


                                                      Terdapat 2112 program sertifikasi SDM unit perawatan sarana tahun 2022,
                                                      dengan realisasi sertifikasi SDM unit perawatan sarana tahun 2022 1723
                                                      (82%). Bagi SDM yang tidak lulus Sertifikasi tahun 2022 maka diadakan
                                                      lagi pengajuan sertifikasi untuk SDM Perawatan Sarana pada tahun 2023
                                                      dengan melengkapi persyaratan dan menjalankan program pemantapan.
                                                      / There are 2112 certification programs for HR units for maintenance Rolling
                                                      Stock in 2022, with the realization of HR certification for maintenance
                                                      Rolling Stock in 2022 being 1723 (82%). For HR who do not pass the 2022
                                                      Certification, another certification application will be held for HR Rolling
                                                      Stock Maintenance in 2023 by completing the requirements and running
                                                      the consolidation program.


                                                      Telah dilaksanakan pelatihan SDM Perkeretaapian berbasis kompetensi
                                                      sesuai dengan bidang keahlian: / Competency-based Railway HR training
                                                      has been implemented according to the field of expertise:
                                                       1) Pelatihan bidang prasarana Sinyal dan Telekomunikasi Listrik : 25
                                                          kegiatan/481 peserta; / Electric Signaling and Telecommunications
                                                          Infrastructure training: 25 activities/481 participants;
                                                       2) Pelatihan bidang prasarana JJ: 15 kegiatan/583 Peserta; / JJ infrastructure
                                                          training: 15 activities/583 participants;

      Direksi agar melakukan pemisahan penyajian      Berdasarkan Peraturan Menteri BUMN Nomor PER1/MBU/03/2023 Peraturan               Masih Dalam
      laporan     keuangan      antara     kegiatan   Menteri Badan Usaha Milik Negara tentang Penugasan Khusus dan Program             Penyelesaian / Still Being
      operasional yang bersifat komersial dengan      Tanggung Jawab Sosial dan Lingkungan Badan Usaha Milik Negara Pasal               Resolved
      penugasan Pemerintah dalam bentuk               9 dimana BUMN yang melaksanakan Penugasan Khusus harus secara
      Infrastructure Maintenance and Operation        tegas melakukan pemisahan pembukuan mengenai penugasan tersebut
      (IMO) dan Public Service Obligation (PSO)       dengan pembukuan dalam rangka pencapaian sasaran usaha perusahaan.
      dalam rangka perbaikan tata kelola penugasan    Sebagaimana diketahui bersama, ada berbagai jenis penugasan yang
      IMO dan Track Access Charge (TAC) dengan        diterima oleh perusahaan selain IMOPSO-TAC diantaranya adalah proyek
      mengacu pada Peraturan Menteri BUMN Nomor       Kereta Cepat Jakarta Bandung (KCJB), proyek KA Bandara Soekarno Hatta
      PER-1/MBU/03/2023 Peraturan Menteri Badan       (Basoetta), dan proyek LRT Jabodebek (LRT). / Based on the Regulation
  7   Usaha Milik Negara tentang Penugasan Khusus     of the Minister of SOEs Number PER1/MBU/03/2023 Regulation of the Minister
      dan Program Tanggung Jawab Sosial dan           of State-Owned Enterprises concerning Special Assignments and Social
      Lingkungan Badan Usaha Milik Negara.            and Environmental Responsibility Programs of State-Owned Enterprises
      The Board of Directors is to optimize the       Article 9 where SOEs that carry out Special Assignments must strictly
      maintenance of facilities and infrastructure    separate the bookkeeping regarding the assignment from the bookkeeping
      and Reninesatea human resource capacity         in order to achieve the company's business targets. As is well known, there
      to guarantee the security and safety aspects    are various types of assignments received by companies other than IMOPSO-
      of passenger and freight transportation,        TAC, including the Jakarta-Bandung High-Speed Train (KCJB) project,
      minimize the number of train accidents, and     the Soekarno-Hatta Airport Train (Basoetta) project, and the Jabodebek
      maximize revenue targets, volume and train      LRT (LRT) project.
      travel plans.




                          Laporan Tahunan dan Keberlanjutan
284                                                                                                                    PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 285
                                          Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                          Arahan                                                      Tindak Lanjut                                           Keterangan
  No
                        Instructions                                                    Follow-up                                             Information

                                                         Atas penugasan ini, telah dilakukan pemisahan pembukuan secara rutin
                                                         yang dilaporkan bulanan kepada manajemen dan komisaris atau kepada
                                                         pemegang saham pada saat laporan evaluasi kinerja 3 bulanan dan tahunan
                                                         bersama pemegang saham. Untuk penyesuaian pada laporan keuangan,
                                                         manajemen masih berkoordinasi dengan Auditor mengenai format
                                                         pengungkapan yang sesuai karena selain memiliki kewajiban pelaporan
                                                         pada pegang saham, KAI juga melakukan listing di bursa efek sehingga
                                                         laporan yang dilaporkan selama 3 bulanan seharusnya juga konsisten
                                                         dengan laporan audited di akhir tahun. Terlebih KAI bukan satu-satunya
                                                         BUMN yang menerima penugasan (Pertamina, PLN dll) yang didalam
                                                         laporannya juga blm ada penyampaian terpisah terkait penugasan.
                                                         Selanjutnya atas pemisahan pengungkapan penugasan IMO-PSOTAC
                                                         mohon untuk berkoordinasi dan memasukan tim KG kedalam PIC karena
                                                         pembagian segmentasi IMO-PSO-TAC merupakan bagian dari tupoksi
                                                         tim KG. / For this assignment, a routine bookkeeping separation has been
                                                         carried out which is reported monthly to management and commissioners
                                                         or to shareholders at the time of the 3-monthly and annual performance
                                                         evaluation report with shareholders. For adjustments to the financial
                                                         statements, management is still coordinating with the Auditor regarding
                                                         the appropriate disclosure format because in addition to having reporting
                                                         obligations to shareholders, KAI is also listed on the stock exchange so
                                                         that the reports reported for 3 months should also be consistent with the
                                                         audited report at the end of the year. Moreover, KAI is not the only SOE
                                                         that receives assignments (Pertamina, PLN, etc.) whose reports also do
                                                         not have separate submissions regarding assignments. Furthermore,
                                                         regarding the separation of disclosures for the IMO-PSOTAC assignment,
                                                         please coordinate and include the KG team in the PIC because the division
                                                         of IMO-PSO-TAC segments is part of the KG team's duties and functions.

        Direksi agar mengkaji dan menyusun Standar       Berdasarkan Keputusan Komite KCJB 17 Mei 2023, telah disepakati dalam         Masih Dalam
        Prosedur Operasi terkait mekanisme sinking       rangka penguatan kapasitas keuangan KAI akan dilakukan penyisihan             Penyelesaian / Still Being
        fund untuk penjaminan pinjaman cost              kas dalam bentuk sinking fund yang diperoleh dari: - kenaikan tarif           Resolved
        overrun dan pemenuhan Cash Deficiency            angkutan batubara yang terdiri dari komponen dynamic pricing dan
        Support Proyek Kereta Cepat Jakarta              kenaikan USD 1,5; - Komponen unpaid dividen. / Based on the KCJB
        Bandung dengan berpedoman kepada                 Committee Decision on May 17 th, 2023, it has been agreed that in order
        Keputusan Komite Kereta Cepat Jakarta            to strengthen KAI's financial capacity, cash will be set aside in the form
        Bandung dan peraturan perundang-undangan         of a sinking fund obtained from: - an increase in coal transportation rates
        yang berlaku. Progres tindak anjutnya agar       consisting of a dynamic pricing component and an increase of USD 1.5;
        dilaporkan kepada Pemegang Saham.                - Unpaid dividend components.
        The Board of Directors should review and
   8    prepare Standard Operating Procedures            Untuk kinerja tahun buku 2022 telah diputuskan dalam RUPS
        related to the sinking fund mechanism for        Pertanggungjawaban kinerja tahun buku 2022 yang dilaksanakan pada
        guaranteeing cost overrun loans and fulfilling   23 Juni 2023. Saat ini sedang dilakukan proses finalisasi Peraturan Menteri
        Cash Deficiency Support for the Jakarta          Keuangan (“PMK”) yang didalamnya mencakup sinking fund untuk proyek
        Bandung High Speed Train Project, guided         KCJB. Setelah PMK dirilis, akan ditindaklanjuti pembentukan sinking fund
        by the Decision of the Jakarta Bandung High      serta mekanisme pengelolaannya di KAI. / For the performance of the
        Speed Train Committee and applicable laws        2022 financial year, it has been decided in the GMS for Accountability of
        and regulations. Follow-up progress should       the 2022 financial year performance held on June 23, 2023. Currently, the
        be reported to Shareholders.                     finalization process of the Minister of Finance Regulation ("PMK") is being
                                                         carried out, which includes a sinking fund for the KCJB project. After the
                                                         PMK is released, the formation of the sinking fund and its management
                                                         mechanism at KAI will be followed up.




                                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                                   285
                                                                                      Annual and Sustainability Report
Page 286
                                            Tata Kelola Perusahaan
                                            Good Corporate Governance




                        Arahan                                                       Tindak Lanjut                                          Keterangan
 No
                      Instructions                                                     Follow-up                                            Information

      Direksi agar melakukan upaya optimalisasi         Realisasi Penyerapan PMN TA 2022 untuk pemenuhan cost overrun KCJB            Sesuai Rekomendasi /
      penyerapan dana Penyertaan Modal Negara           dengan total sebesar Rp2.713.423.000.000: / Realization of PMN Absorption     Implemented as Per
      (PMN) TA 2021 untuk Proyek LRT Jabodebek          FY 2022 to fulfill KCJB cost overrun with a total of                          Recommendations
      dan memastikan penyelesaian proyek sesuai         Rp2,713,423,000,000:
      target yang ditetapkan. Terkait penyerapan         a. Setoran Modal KAI kepada PSBI Tahap I tanggal 10 Maret 2023 sebesar
      PMN TA 2022 untuk pemenuhan cost overrun              Rp2.030.804.000.000; / KAI Capital Deposit to PSBI Phase I dated March
      KCJB porsi ekuitas Konsorsium BUMN                    10 th, 2023 amounting to Rp2,030,804,000,000;
      Indonesia agar dilakukan sesuai dengan             b. Setoran Modal KAI kepada PSBI Tahap II tanggal 26 Juni 2023 sebesar
      Keputusan Komite Kereta Cepat Jakarta                 Rp682.619.175.000, sehingga saat ini terdapat Saldo PMN TA 2022 di
      Bandung Nomor B-1986/MENKO/IP.04.00/V/                KAI sebesar Rp486.577.000.000. / KAI Capital Deposit to PSBI Phase
      2023 tanggal 17 Mei 2023. Penyerapan PMN              II dated June 26 th, 2023 amounting to Rp682,619,175,000, so currently
      dimaksud agar memastikan ketercapaian Key             there is a PMN Balance for FY 2022 at KAI of Rp486,577,000,000.
      Performance Indicators PMN yang telah
      ditetapkan.                                       Catatan: Sesuai Keputusan Komite KCJB tanggal 17 Mei 2023 bahwa kelebihan
      The Board of Directors should make efforts        dana PMN tetap akan menjadi PMN pada KAI dan digunakan sebagai
      to optimize the absorption of State Capital       buffer untuk penjaminan KAI dalam pembayaran pinjaman kepada China
      Participation (PMN) funds for the 2021 FY for     Development Bank (CDB). / Note: According to the KCJB Committee Decision
      the Jabodebek LRT Project and ensure that         dated May 17 th, 2023, the excess PMN funds will remain as PMN at KAI
      the project is completed according to the         and will be used as a buffer for KAI's guarantee in paying loans to the
      targets set. Regarding the absorption of PMN      China Development Bank (CDB).
      for FY 2022 to fulfill the KCJB cost overrun
      portion of the equity portion of the Indonesian   PMN TA 2021 Proyek LRT Jabodebek / PMN TA 2021 LRT Jabodebek Project
      SOE Consortium, this must be carried out in       Belum terserapnya PMN dikarenakan belum adanya tagihan yang masuk
      accordance with the Decree of the Jakarta         dari kontraktor kepada Divisi LRT Jabodebek, karena proses tagihan ini
      Bandung High Speed Rail Committee Number          harus melalui Kemenhub untuk di evaluasi terlebih dahulu oleh konsultan
      B-1986/MENKO/IP.04.00/V/2023 dated May            dan kemudian melalui reviu BPKP. Sampai dengan bulan Juni 2023, dana
      17th, 2023. The absorption of PMN is intended     PMN TA 2021 Proyek LRT Jabodebek telah terserap sebesar Rp892,6 Miliar
      to ensure achievement of PMN Key                  dari total PMN Rp2,6 Triliun. / The non-absorption of PMN is due to the
      Performance Indicators that have been             absence of any invoices received from the contractor to the Jabodebek
      determined.                                       LRT Division, because this invoice process must go through the Ministry
                                                        of Transportation to be evaluated first by the consultant and then through
  9                                                     the BPKP review. As of June 2023, the 2021 PMN funds for the Jabodebek
                                                        LRT Project have been absorbed amounting to Rp892.6 billion from a
                                                        total PMN of Rp2.6 trillion.


                                                        PMN TA 2022 Proyek KCJB / PMN FY 2022 KCJB Project
                                                        Dari total PMN sebesar Rp3,2 triliun, pada tanggal 10 Maret 2023 PT KAI
                                                        Telah melakukan penyetoran PMN Tahap I kepada PT PSBI dan diteruskan
                                                        kepada PT KCIC sebesar Rp2.030.804.000.000,-. Kemudian pada tanggal
                                                        26 Juni 2023 PT KAI menyetorkan kembali dana PMN untuk Tahap II sebesar
                                                        Rp682.619.000.000,- sehingga total penyetoran PMN TA 2022 PT KAI adalah
                                                        sebesar Rp2.713.423.000.000,-. Sisa saldo PMN TA 2022 PT KAI adalah sebesar
                                                        Rp486.577.000.000,- dimana dari sisa saldo PMN tersebut akan digunakan
                                                        sebagai buffer untuk penjaminan PT KAI dalam pembayaran pinjaman
                                                        dari China Development Bank sesuai keputusan Komite KCJB tanggal
                                                        17 Mei 2023 dan Surat Menteri Keuangan Republik Indonesia Nomor: S-
                                                        534/MK.06/2023 tanggal 5 Juli 2023. / From the total PMN of Rp3.2 trillion,
                                                        on March 10 th, 2023, PT KAI has made a deposit of PMN Phase I to PT
                                                        PSBI and forwarded to PT KCIC in the amount of Rp2,030,804,000,000,
                                                        so that the total deposit of PMN for the 2022 fiscal year by PT KAI is
                                                        Rp2,713,423,000,000,-. The remaining balance of PT KAI's PMN for FY 2022
                                                        is Rp486,577,000,000, - where the remaining PMN balance will be used
                                                        as a buffer for PT KAI's guarantee in paying loans from China Development
                                                        Bank according to the decision of the KCJB Committee dated May 17 th,
                                                        2023 and the Letter of the Minister of Finance of the Republic of Indonesia
                                                        Number: S-534 / MK.06 / 2023 dated July 5th, 2023.


                                                        Sesuai dengan Peraturan BUMN nomor PER1/MBU/03/2021, saat ini PT
                                                        KAI telah melakukan monitoring dan pelaporan penyerapan PMN serta
                                                        progres proyek secara berkala kepada Kementerian BUMN. / In accordance
                                                        with SOE Regulation number PER1/MBU/03/2021, PT KAI has currently
                                                        been monitoring and reporting PMN absorption and project progress
                                                        periodically to the Ministry of SOE.




                           Laporan Tahunan dan Keberlanjutan
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                             Annual and Sustainability Report
Page 287
                                           Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                          Arahan                                                       Tindak Lanjut                                          Keterangan
  No
                        Instructions                                                     Follow-up                                            Information

                                                          LRT Jabodebek / LRT Jabodebek
                                                          Berbagai upaya yang telah kami lakukan adalah dengan : / Various efforts
                                                          that we have made are by:
                                                           a. Memonitor dan memastikan penyerapan investasi per unit setiap bulan.
                                                              / Monitoring and ensuring the absorption of investment per unit every
                                                              month.
                                                           b. Memonitor dan mengkonfirmasi kepada Adhi Karya atas rencana
                                                              disburshment pembangunan prasarana dan pembayaran kepada PT
                                                              INKA atas pengadaan Sarana LRT Jabodebek. / Monitoring and
                                                              confirming to Adhi Karya the disbursement plan for infrastructure
                                                              development and payment to PT INKA for the procurement of Jabodebek
                                                              LRT Rolling Stock.
                                                           c. Melakukan Adendum perjanjian kredit sindikasi terutama terkait
                                                              perpanjangan Availability Period (AP) atau batas waktu penarikan kredit
                                                              yang semula Juni 2023 menjadi Desember 2023 (dokumen terlampir).
                                                              / Making an Addendum to the syndicated credit agreement, especially
                                                              regarding the extension of the Availability period (AP) or credit
                                                              withdrawal deadline from June 2023 to December 2023 (document
                                                              attached).
                                                           d. Melakukan Update Feasibility Study (FS) untuk menghitung kembali
                                                              kebutuhan Capex proyek LRT Jabodebek dan melakukan update
                                                              kajian penumpang dan pendapatan non farebox. / Conducting an
                                                              Update Feasibility Study (FS) to recalculate the Capex needs of the
                                                             Jabodebek LRT project and updating the passenger study and non-
                                                             farebox income.

        Direksi agar mengupayakan perlindungan            1. Melakukan monitoring dan evaluasi terhadap program Pensertipikatan,        Sesuai Rekomendasi /
        atas aset perusahaan, termasuk penyelesaian          Penjagaan, Penertiban dan Penanganan Permasalahan Aset seluruh             Implemented as Per
        permasalahan aset antara perusahaan dan              Daop/Divre/Subdivre secara berkala. / Conduct monitoring and evaluation    Recommendations
        masyarakat/pihak lain.                               of the Asset Certification, Guarding, Ordering and Handling program
        The Board of Directors should strive to protect      for all Daop/Divre/Subdivre periodically. / Conduct monitoring and
        company assets, including resolving asset            evaluation of the Asset Certification, Guarding, Ordering and Handling
        problems between the company and the                 program for all Daop/Divre/Subdivre periodically.
        community/other parties.                          2. Melakukan koordinasi dengan pihak-pihak eksternal guna mendukung
                                                             penyelesaian permasalahan Aset. / Coordinate with external parties
  10
                                                             to support the resolution of Asset problems.
                                                          3. Melakukan upaya hukum baik secara Perdata, Pidana, maupun Tata
                                                             Usaha Negara terhadap pihak-pihak yang menguasai aset tanah dan
                                                             bangunan secara melawan hukum dalam rangka mengambil alih dan
                                                             menyelesaikan permasalahan aset tanah dan bangunan milik Perusahaan.
                                                             / Take legal action, both in Civil, Criminal, and State Administrative
                                                             Law, against parties who control land and building assets unlawfully
                                                             in order to take over and resolve problems with land and building
                                                             assets owned by the Company.




                                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                              287
                                                                                       Annual and Sustainability Report
Page 288
                                               Tata Kelola Perusahaan
                                               Good Corporate Governance




                          Arahan                                                          Tindak Lanjut                                              Keterangan
 No
                        Instructions                                                        Follow-up                                                Information

       Direksi    agar     memperhatikan        dan        Posisi 31 Juli 2023 penyelesaian tindak lanjut adalah sebagai berikut: / Position   Sesuai Rekomendasi /
       menindaklanjuti rekomendasi Dewan Komisaris         July 31st, 2023 of follow-up settlement is as follows:                              Implemented as Per
       dalam surat Nomor 26/CG/KOM/VI/2023                  a. BPK-RI 87% / BPK-RI 87%                                                         Recommendations
       tanggal 14 Juni 2023. Direksi agar                   b. KAP 100% / KAP 100%
       menindaklanjuti dan menyelesaikan secara             c. Investigatif 99,86% / Investigative 99,86%
       tuntas terhadap setiap temuan, catatan serta         d. Operasional 96% / Operational 96%
       saran/rekomendasi baik dari auditor eksternal
       (Kantor    Akuntan     Publik/KAP,    Badan         Laporan penyelesaian tindak lanjut juga disampaikan kepada Komite Audit
       Pengawasan Keuangan danPembangunan/                 secara berkala yaitu setiap tiga bulan sekali (terlampir RDS pemyampaian
       BPKP, dan Badan Pemeriksa Keuangan RI/              tindak lanjut kepada Unit KCC dan Komite Audit Nomor: KC.302/VII/2/KA-
       BPK-RI termasuk instansi pengawasan                 2023 Tanggal 11 Juli 2023 untuk Triwulan II 2023). / The follow-up completion
       berwenang lainnya) maupun auditor internal          report is also submitted to the Audit Committee periodically, namely every
       Perseroan yang belum dinyatakan selesai             three months (attached is the RDS for submission of follow-up actions
       ditindaklanjuti. Progres tindak lanjut              to the KCC Unit and the Audit Committee Number: KC.302/VII/2/KA-2023
       penyelesaian femuan-temuan dimaksud agar            Dated July 11 th, 2023 for Quarter II 2023).
       dibahas secara komprehensif dengan Dewan
       Komisaris dan disampaikan tertulis secara
       berkala kepada Pemegang Saham.
  11   The Board of Directors should pay attention
       to and follow up on the recommendations
       of the Board of Commissioners in letter
       Number 26/CG/KOM/VI/2023 dated June 14th
       2023. The Board of Directors must follow up
       and complete thoroughly any findings, notes
       and suggestions/recommendations from both
       external auditors (Public Accounting Office/
       KAP, Financial and Development Supervisory
       Agency/BPKP, and the Indonesian Financial
       Audit Agency/BPK-RI including other
       authorized supervisory agencies) as well as
       the Company's internal auditors who have
       not been declared complete are followed up.
       The progress of the follow-up to the resolution
       of the findings in question must be discussed
       comprehensively with the Board of
       Commissioners and submitted in writing
       periodically to Shareholders.

       Direksi agar menjaga konsistensi dalam              Portal Silaba / Silaba Portal                                                       Sesuai Rekomendasi /
       melakukan monitoring dan updating data              Sehubungan dengan laporan manajemen, laporan keuangan, dan laoran                   Implemented as Per
       pada Portal BUMN, yakni Portal Silaba, Portal       penggunaan dana PMN telah diupdate secara Rutin dalam Silaba.                       Recommendations
       Human Capital (HC), Portal TJSL, dan Portal         Berdasarkan Per 02/MBU/03/2023 Tentang Pedoman Tata Kelola dan Kegiatan
       Publik. Progres pemutakhiran data dalam             Korporasi Signifikan Badan Usaha Milik Negara, pelaporan portal BUMN
       portal tersebut agar dilaporkan dalam laporan       bukan merupakan komponen penyusunan Laporan Manajemen dan Laporan
       manajemen triwulanan dan laporan tahunan.           Tahunan sehingga tidak dilaporkan pada laporan Manajemen. / In
       The Board of Directors must maintain                connection with the management report, financial report, and PMN fund
       consistency in monitoring and updating data         usage report have been updated routinely in Silaba. Based on Per 02/
       on the SOE Portal, namely the Silaba Portal,        MBU/03/2023 Concerning Guidelines for Governance and Significant Corporate
       Human Capital (HC) Portal, TJSL Portal and          Activities of State-Owned Enterprises, SOE portal reporting is not a component
       Public Portal. The progress of updating data        of the preparation of Management Reports and Annual Reports so that
       in the portal so that it is reported in quarterly   it is not reported in the Management report.
       management reports and annual reports.
  12
                                                           Portal HC / HC Portal
                                                           Saat ini updating data pada Portal Human Capital (HC) telah dan terus
                                                           dilakukan secara berkelanjutan. Apabila terdapat perubahan susunan
                                                           kepengurusan, proses update dilakukan segera. / Currently, data updating
                                                           on the Human Capital (HC) Portal has been and continues to be carried
                                                           out continuously. If there is a change in the management structure, the
                                                           update process is carried out immediately.


                                                           Portal TJSL / TJSL Portal
                                                           Sudah diperbarui setiap triwulan. / It is updated quarterly.


                                                           Portal BUMN / SOE Portal
                                                           Sudah dilakukan pembaruan publikasi pada portal BUMN secara rutin. /
                                                           Publication updates have been carried out on the SOE portal routinely.




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                                                            Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                         Arahan                                                     Tindak Lanjut                                           Keterangan
  No
                       Instructions                                                   Follow-up                                             Information

        Direksi dan Dewan Komisaris perlu memastikan   Telah dilakukan implementasi GCG di lingkungan PT KAI (Persero) meliputi       Sesuai Rekomendasi /
        agar setiap pelaksanaan kegiatan usaha         penerapan aturan-aturan sesuai tata Kelola Perusahaan yang baik dan            Implemented as Per
        Perseroan, dilakukan dengan memperhatikan      anggaran dasar KAI serta penerapan ISO Sistem Manajemen Anti Penyuapan         Recommendations
        prinsip-prinsip Good Corporate Governance      ISO 37001:2016 dalam proses bisnis Perusahaan. Berikut disampaikan
        (GCG) secara konsisten dan berkelanjutan       aturan-aturan terkait GCG dan SMAP: / The implementation of GCG in PT
        dengan berpedoman kepada ketentuan dan         KAI (Persero) includes the application of rules in accordance with Good
        peraturan yang berlaku.                        Corporate Governance and KAI's articles of association as well as the
        The Board of Directors and Board of            application of ISO Anti-Bribery Management System ISO 37001:2016 in
        Commissioners need to ensure that every        the Company's business processes. The following are the rules related to
        implementation of the Company's business       GCG and SMAP:
        activities is carried out by observing the
        principles of Good Corporate Governance        a. Keputusan Bersama Dewan Komisaris dan Direksi PT KAI (Persero)
        (GCG) consistently and sustainably, guided        No 04/CH/KOM/III/2017 & No KEP.U/KO.101/III/15/KA-2017 tentang Tata
        by the applicable rules and regulations.          Kerja Dewan Komisaris dan Direksi (Board Manual) PT KAI (Persero);
                                                          (Proses Pemutakhiran sesuai regulasi yang terbaru); / Joint Decision
                                                          of the Board of Commissioners and Directors of PT KAI (Persero) No.
                                                          04/CH/KOM/III/2017 & No. KEP.U/KO.101/III/15/KA-2017 concerning the
                                                          Work Procedures of the Board of Commissioners and Directors (Board
                                                          Manual) of PT KAI (Persero); (Updating process according to the latest
                                                          regulations);
                                                       b. Peraturan Direksi PT KAI No PER.U/KC.202/XII/1/KA-2022 tentang Pedoman
                                                          tata Kelola Perusahaan Yang Baik (Good Corporate Governance); /
                                                          Regulation of the Board of Directors of PT KAI No. PER.U/KC.202/XII/
                                                          1/KA-2022 concerning Guidelines for Good Corporate Governance;
                                                       c. Keputusan Direksi PT KAI No KEP.U/OT.104/X/3/KA-2014 tentang Pedoman
                                                          Benturan Kepentingan di Lingkungan PT KAI; / Decree of the Board
                                                          of Directors of PT KAI No. KEP.U/OT.104/X/3/KA-2014 concerning Guidelines
                                                          for Conflicts of Interest in the PT KAI Environment;
                                                       d. Peraturan Direksi PT KAI No PER.U/KC.202/II/1/KA-2022 tentang Pedoman
                                                          Perilaku (Code of Conduct); / Regulation of the Board of Directors of
  13                                                      PT KAI No. PER.U/KC.202/II/1/KA-2022 concerning Code of Conduct;
                                                       e. Peraturan Direksi PT KAI No PER.U/KC.202/XI/1/KA-2020 tentang Pedoman
                                                          Pengendalian Gratifikasi; / Regulation of the Board of Directors of PT
                                                          KAI No. PER.U/KC.202/XI/1/KA-2020 concerning Guidelines for Gratification
                                                          Control;
                                                       f. Peraturan Direksi PT KAI No PER.U/KL.104/XI/1/KA-2020 tentang Pedoman
                                                          Penanganan Pengaduan (Whistleblowing System); / Regulation of
                                                          the Board of Directors of PT KAI No. PER.U/KL.104/XI/1/KA-2020
                                                          concerning Guidelines for Handling Complaints (Whistleblowing
                                                          System);
                                                       g. Peraturan Direksi PT KAI PER.U/KP.402/IV/1/KA-2020 tentang Laporan
                                                          Harta Kekayaan Penyelenggara Negara (LHKPN); / Regulation of the
                                                          Board of Directors of PT KAI PER.U/KP.402/IV/1/KA-2020 concerning
                                                          State Officials' Wealth Report (LHKPN);
                                                       h. Peraturan Direksi PT KAI PER.U/KC.202/IV/1/ KA-2020 tentang Sistem
                                                          Manajemen Anti Penyuapan; / Regulation of the Board of Directors
                                                          of PT KAI PER.U/KC.202/IV/1/KA-2020 concerning the Anti-Bribery
                                                          Management System;
                                                       i. Keputusan Direksi PT KAI SK.U/KO.101/XI/1/KA-2022 tentang Pembentukan
                                                          Tim Fungsi Kepatuhan Anti Penyuapan Berdasarkan ISO 37001:2016
                                                          Sistem Manajemen Anti Penyuapan; / Decree of the Board of Directors
                                                          of PT KAI SK.U/KO.101/XI/1/KA-2022 concerning the Establishment of
                                                          the Anti-Bribery Compliance Function Team Based on ISO 37001:2016
                                                          Anti-Bribery Management System;
                                                       j. Kebijakan Anti Penyuapan Dewan Komisaris dan Direksi PT KAI No
                                                          KC.202/II/4/KA2022;Surat Edaran Bersama Dewan Komisaris dan Direksi
                                                          PT KAI No SE.U/KL.404/XII/1/KA2022 tentang Larangan Pemberian
                                                          Gratifikasi. / Anti-Bribery Policy of the Board of Commissioners and
                                                          Directors of PT KAI No KC.202/II/4/KA2022; Joint Circular of the Board
                                                          of Commissioners and Directors of PT KAI No SE.U/KL.404/XII/1/KA2022
                                                          concerning the Prohibition of Giving Gratification.




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                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




DIREKSI
BOARD OF DIRECTOR
Direksi merupakan organ di dalam struktur tata kelola         The Board of Directors is an organ within the governance
yang memiliki tugas dan tanggung jawab untuk                  structure that has the duties and responsibilities to carry
melaksanakan     pengelolaan      Perseroan.    Direksi       out the management of the Company. The Board of
melaksanakan tugas dan tanggung jawab melalui                 Directors carries out their duties and responsibilities
wewenang yang digunakan sematamata demi                       through the authority used solely for the benefit of the
kepentingan Perseroan, sesuai maksud dan tujuan               Company, according to the purposes and objectives of
Perseroan. Direksi sekaligus merupakan pihak yang             the Company. The Board of Directors is also a
mewakili Perseroan, baik di dalam maupun di luar forum        representative of the Company, both inside and outside
pengadilan.                                                   the court.

TUGAS DAN TANGGUNG JAWAB DIREKSI                              DUTIES AND RESPONSIBILITIES
                                                              OF THE BOARD OF DIRECTORS
Mengacu pada peraturan perundang-undangan dan                 Referring to laws and regulations and the Company’s
Anggaran Dasar Perseroan, Direksi memiliki tugas dan          Articles of Association, the Board of Directors has duties
tanggung jawab dengan perincian sebagai berikut:              and responsibilities with the following details:

Tugas Direksi                                                 Duties of the Board of Directors
  1. Direksi bertugas menjalankan segala tindakan yang          1. The Board of Directors is in charge of carrying out
     berkaitan dengan pengurusan Perseroan untuk                   all actions related to the management of the
     kepentingan Perseroan dan sesuai dengan maksud                Company for the benefit of the Company and in
     dan tujuan Perseroan serta mewakili Perseroan baik            accordance with the purposes and objectives of the
     di dalam maupun di luar pengadilan tentang segala             Company and representing the Company both
     hal      dan      segala      kejadian    dengan              inside and outside the court on all matters and all
     pembatasanpembatasan sebagaimana diatur                       events with restrictions as stipulated in laws and
     dalam peraturan perundang-undangan, anggaran                  regulations, articles of association and / or GMS
     dasar dan/atau Keputusan RUPS.                                Resolution.
  2. Direksi harus melaksanakan tugasnya dengan itikad          2. The Board of Directors must carry out their duties
     baik untuk kepentingan Perseroan dan sesuai                   in good faith for the benefit of the Company and
     dengan maksud dan tujuan Perseroan, serta                     in accordance with the aims and objectives of the
     memastikan agar Perseroan melaksanakan tanggung               Company, and ensure that the Company carries out
     jawab      sosialnya     serta     memperhatikan              its social responsibilities and takes into account the
     kepentingan dari berbagai pemangku kepentingan                interests of various stakeholders in accordance
     sesuai dengan ketentuan peraturan Perundang-                  with statutory provisions.
     undangan.
  3. Salah seorang anggota Direksi ditunjuk oleh Rapat          3. A member of the Board of Directors is appointed
     Direksi sebagai penanggung jawab dalam                        by the Board of Directors Meeting as the party in
     penerapan dan pemantauan GCG di Perseroan.                    charge of implementing and monitoring GCG in the
                                                                   Company.
  4. Direksi      harus     menyampaikan        informasi       4. The Board of Directors must submit information
     mengenaiidentitas, pekerjaan-pekerjaan utamanya,              regarding identity, main duties, positions of the
     jabatan Dewan Komisaris di Anak Perusahaan/                   Board of Commissioners in Subsidiaries/joint
     perusahaan patungan dan/atau perusahaan lain,                 ventures and/ or other companies, including
     termasuk rapat-rapat yang dilakukan dalam satu                meetings held within one fiscal year (internal
     tahun buku (rapat internal maupun rapat                       meetings and joint meetings with the Board of
     gabungan dengan Dewan Komisaris), serta gaji,                 Commissioners), as well as salaries, facilities, and/or
     fasilitas, dan/atau tunjangan lain yang diterima dari         other allowances received from the Company and
     Perseroan dan Anak Perusahaan/perusahaan                      its Subsidiaries/joint ventures, to be included in the
     patungan, untuk dimuat dalam Laporan Tahunan                  Company’s Annual Report.
     Perseroan.
  5. Direksi wajib melaporkan kepada Perseroan                  5. The Board of Directors must report to the Company
     mengenai kepemilikan sahamnya dan/atau                        regarding their share ownership and/or their
     keluarganya (istri/suami dan anak-anaknya) pada               families (spouse and their children) in the Company
     Perseroan dan perusahaan lain, termasuk setiap                and other companies, including any changes
     perubahannya.                                                 thereto.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Tanggung Jawab Direksi                                        Responsibilities of the Board of Directors
  1. Direksi merupakan organ Perseroan yang                     1. The Board of Directors is a Company organ that is
     bertanggung jawab penuh atas pengurusan                       fully responsible for managing the Company for the
     Perseroan untuk kepentingan dan tujuan Perseroan              interests and objectives of the Company and
     serta mewakili Perseroan baik di dalam maupun                 represents the Company both inside and outside
     di luar pengadilan sesuai ketentuan Anggaran                  the court in accordance with the provisions of the
     Dasar.                                                        Articles of Association.
  2. Sifat dari tanggung jawab tersebut adalah                  2. This responsibility is a joint responsibility to personal
     tanggung renteng hingga harta pribadi apabila                 property if the person concerned is guilty or
     yang bersangkutan bersalah atau lalai menjalankan             negligent in carrying out his/her duties for the
     tugasnya untuk kepentingan Perseroan.                         benefit of the Company.
  3. Direksi tidak berwenang mengajukan permohonan              3. The Board of Directors is not authorized to submit
     pailit atas Perseroan sendiri kepada pengadilan               bankruptcy requests on behalf of the Company to
     niaga sebelum memperoleh persetujuan RUPS,                    the commercial court before obtaining approval
     dengan tidak mengurangi ketentuan sebagaimana                 from the General Meeting of Shareholders, without
     diatur dalam Undang-Undang tentang Kepailitan                 prejudice to the provisions stipulated in the Law
     dan Penundaan Kewajiban Pembayaran Utang.                     on Bankruptcy and the Suspension of Debt Payment
                                                                   Obligations.
  4. Dalam hal kepailitan terjadi karena kesalahan atau         4. In the event of bankruptcy due to an error or
     kelalaian Direksi dan harta pailit tidak cukup untuk          negligence of the Board of Directors and insolvency
     membayar seluruh kewajiban Perseroan dalam                    is not sufficient to pay all the liabilities of the
     kepailitan tersebut, setiap anggota Direksi secara            Company in the bankruptcy, each member of the
     tanggung renteng bertanggung jawab atas                       Board of Directors is jointly and severally liable for
     seluruh kewajiban yang tidak terlunasi dari harta             all liabilities that are not repaid from the bankruptcy.
     pailit tersebut.
  5. Tanggung jawab berlaku juga bagi anggota Direksi            5. Responsibilities also apply to members of the Board
     yang salah atau lalai yang pernah menjabat sebagai             of Directors for error or negligence while serving
     anggota Direksi dalam jangka waktu 5 (lima) tahun              as members of the Board of Directors for a term of
     sebelum putusan pernyataan pailit diucapkan.                   5 (five) years before the Resolution to declare
                                                                    bankruptcy was pronounced.
  6. Anggota Direksi tidak bertanggungjawab atas                 6. Members of the Board of Directors are not responsible
     kepailitan Perseroan apabila dapat membuktikan:                for the bankruptcy of the Company if they can
                                                                    prove that:
      a. Kepailitan tersebut bukan karena kesalahan                   a. The bankruptcy was not caused by his/her error
         atau kelalaiannya;                                              or negligence;\
      b. Telah melakukan pengurusan dengan itikad                     b. The member has conducted management in
         baik, kehati-hatian, dan penuh tanggungjawab                    good faith, prudence, and full responsibility for
         untuk kepentingan Perseroan dan sesuai                          the benefit of the Company and in accordance
         dengan maksud dan tujuan Perseroan;                             with the aims and objectives of the Company;
      c. Tidak mempunyai benturan kepentingan baik                    c. The member has no direct or indirect conflict
         langsung maupun tidak langsung atas                             of interest for the management actions taken;
         tindakan pengurusan yang dilakukan; dan                         and
      d. Telah mengambil tindakan untuk mencegah                      d. The member taken necessary actions to prevent
         terjadinya kepailitan.                                          bankruptcy.
  7. Ketentuan berlaku juga bagi Direksi dari Perseroan          7. The provisions also apply to the Directors of a
     yang dinyatakan pailit berdasarkan gugatan pihak               Company that is declared bankrupt based on a third-
     ketiga.                                                        party lawsuit.

PEMBIDANGAN TUGAS DIREKSI                                     DIVISION OF DIRECTORS' DUTIES
Guna meningkatkan optimalisasi pelaksanaan tugas dan          In order to optimize the implementation of the duties
tanggung jawab Direksi, Perseroan menerapkan                  and responsibilities of the Board of Directors, the
pembidangan tugas bagi masing-masing fungsi Direktur.         Company implements a division of duties for each
Pembidangan tugas Direksi secara umum diatur dalam            Director's function. The general duties of the Board of
Board Manual dan secara berkala disesuaikan dengan            Directors are regulated in the Board Manual and are
perkembangan kondisi Perseroan dan pengembangan               periodically adjusted to developments in the Company's
struktur organisasi sesuai arah kebijakan Perseroan.          conditions and the development of the organizational
Secara spesifik, pembidangan tugas dan tanggung jawab         structure in accordance with the Company's policy
masing-masing fungsi Direktur diatur melalui Peraturan        direction. Specifically, the division of duties and
Direksi KAI Nomor: PER.U/KO.104/III/1/KA-2024 tanggal         responsibilities of each Director's function is regulated
23 November 2023 tentang Tugas dan Wewenang                   through KAI Directors Regulation Number: PER.U/KO.104/
Anggota Direksi yang kemudian diturunkan melalui              III/1/KA-2024 dated November 23 rd, 2023, concerning the
Peraturan Direksi Organisasi dan Tata Laksana masing-         Duties and Authorities of Board Members. which was then




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masing direktorat. Uraian mengenai hal tersebut adalah         issued through the Organizational Directors and
sebagai berikut:                                               Management Regulations for each directorate. The
                                                               description of this is as follows:

Direktur Utama                                                 President Director
Direktur Utama menjalankan kegiatan kepengurusan               The President Director carries out the Company's
Perseroan sesuai dengan maksud dan tujuan Perseroan,           management activities in accordance with the Company's
dan mewakili Perseroan baik di dalam maupun di luar            aims and objectives, and represents the Company both
pengadilan. Dalam melaksanakan tugas pokok dan                 inside and outside the court. In carrying out his main
tanggung jawabnya, Direktur Utama berwenang untuk:             duties and responsibilities, the President Director has
                                                               the authority to:

  1. Menetapkan kebijakan kepengurusan Perseroan.                1. Determine the Company's management policies.
  2. Menandatangani surat atas nama Direksi kepada               2. Sign a letter on behalf of the Board of Directors to
     RUPS, Dewan Komisaris dan/atau pihak lain.                     the GMS, Board of Commissioners and/or other
                                                                    parties.
  3. Menandatangani Peraturan Direksi, Keputusan                 3. Sign Directors' Regulations, Directors' Decisions,
     Direksi, Instruksi Direksi, Surat Edaran Direksi, dan/         Directors' Instructions, Directors' Circulars, and/or
     atau Maklumat Direksi untuk dan atas nama Direksi,             Directors' Declarations for and on behalf of the Board
     terhadap hal yang menyangkut hubungan kerja                    of Directors, regarding matters relating to cross-
     lintas Direktorat.                                             Directorate working relations.
  4. Menandatangani          nota      kesepahaman/nota          4. Sign     a   memorandum         of   understanding/
     kesepakatan / Memorandum of Understanding                      memorandum of agreement/Memorandum of
     (MoU) antara Perseroan dengan pihak lain dengan                Understanding (MoU) between the Company and
     lingkup menyangkut tugas dan wewenang                          other parties with the scope of duties and authority
     beberapa anggota Direksi.                                      of several members of the Board of Directors.
  5. Menandatangani perjanjian antara Perseroan dengan           5. Sign an agreement between the Company and
     pihak     lain,  dengan      lingkup   perjanjiannya           other parties, with the scope of the agreement
     menyangkut tugas dan wewenang beberapa                         concerning the duties and authority of several
     anggota Direksi.                                               members of the Board of Directors.
  6. Memimpin Rapat Direksi.                                     6. Chairing Board of Directors Meetings.
  7. Mewakili Direksi sebagai pemegang saham pada                7. Represent the Board of Directors as shareholders
     anak perusahaan dan/atau perusahaan patungan.                  in subsidiaries and/or joint ventures.
  8. Melaksanakan diskresi yang menyangkut tugas dan             8. Exercise discretion regarding the duties and
     wewenang beberapa anggota Direksi                              authority of several members of the Board of
                                                                    Directors.
  9. Menandatangani segala bentuk dokumen dan/atau               9. Sign all forms of documents and/or perform other
     melakukan tindakan-tindaka n lain sepanjang untuk              actions as long as the Company's management
     keperluan kepengurusan Perseroan.                              needs.

Direktur Niaga                                                 Managing Director of Commerce
Direktur Niaga bertanggung jawab atas:                         The Director of Commerce is responsible for:
   1. Penetapan kebijakan terkait fungsi pengusahaan             1. Determination of policies related to the business
      jasa angkutan penumpang dan barang yang terdiri               function of passenger and freight transportation
      dari perencanaan pemasaran, riset pemasaran,                  services consisting of marketing planning,
      komunikasi pemasaran, pengembangan produk,                    marketing research, marketing communications,
      penjualan untuk pelanggan korporasi maupun                    product development, sales to corporate and retail
      retail, manajemen hubungan pelanggan (customer                customers, customer relationship management
      care, customer retention, call center), dan                   (customer care, customer retention, call center),
      pengendalian kinerja pelayanan.                               and control of service performance.
   2. Komersialisasi aset produksi dan non-produksi di           2. Commercialization of production and non-
      wilayah Jawa dan Sumatera.                                    production assets in the Java and Sumatra regions.
   3. Komersialisasi aset berupa benda dan bangunan              3. Commercialization of assets in the form of cultural
      cagar budaya peninggalan sejarah perkeretaapian               heritage objects and buildings from the history of
      Indonesia.                                                    Indonesian railways.
   4. Melakukan pembinaan terhadap para Corporate                4. Provide guidance to Corporate Deputy Directors and
      Deputy Director dan Vice President di bawahnya.               Vice Presidents under them.




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                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Direktur Operasi                                               Managing Director of Operations
Direktur Operasi bertanggung jawab atas:                       The Managing Director of Operations is responsible for:
   1. Penetapan program/kebijakan operasi lalu lintas            1. Determination of train travel traffic operation
      perjalanan kereta api meliputi: perencanaan                   programs/policies including: train trip planning and
      perjalanan kereta api dan perencanaan operasi                 train facility operation planning.
      sarana kereta api.
   2. Penetapan program/kebijakan operasi sarana kereta           2. Determination of railway Rolling Stock operation
      api meliputi: pengendalian perjalanan kereta api,              programs/policies including: control of train travel,
      pengendalian operasi sarana kereta api, dan evaluasi           control of operation of railway Rolling Stock, and
      kinerjanya serta evaluasi kinerja perjalanan kereta            evaluation of their performance as well as evaluation
      api.                                                           of train travel performance.
   3. Penetapan program/kebijakan pembinaan dan                   3. Establishment of a program/policy for the
      pengendalian petugas operasi prasarana kereta api              development and control of railway infrastructure
      meliputi: perencanaan dan evaluasi petugas operasi             operations officers including: planning and
      prasarana stasiun kereta api serta pembinaan dan               evaluation of train station infrastructure operations
      pengendalian petugas operasi prasarana stasiun                 officers as well as guidance and control of train
      kereta api.                                                    station infrastructure operations officers.
   4. Penetapan program/kebijakan awak kereta api                 4. Determining the train crew's program/policy covers
      meliputi perencanaan awak kereta api, pengendalian             the train crew's planning, operation and evaluation
      dan evaluasi awak kereta api.                                  of the train crew.
   5. Perumusan dan penyusunan program/kebijakan                  5. Formulation and preparation of programs/policies
      pembinaan dan konseling petugas operasi                        for coaching and counseling for train station
      prasarana stasiun kereta api dan awak kereta api.              infrastructure operations officers and train crew.
   6. Pengendalian operasi kereta api secara terpusat             6. Centralized and integrated control of train operations
      dan terpadu di seluruh lintas Sumatera Selatan.                throughout South Sumatra.
   7. Mengoordinasikan,      mengintegrasikan,        dan         7. Coordinate, integrate and consolidate subordinate
      mengkonsolidasikan unit organisasi di bawahnya.                organizational units..

Direktur Pengelolaan Prasarana                                 Managing Director of Infrastructure
Direktur Pengelolaan Prasarana mempunyai tugas                 The Managing Director of Infrastructure has the task of
menetapkan kebijakan terkait pengelolaan teknik                establishing policies related to centralized technical
prasarana secara terpusat.                                     management of infrastructure.

Direktur Pengelolaan Prasarana menyelenggarakan                The Managing Director of Infrastructure carries out the
fungsi:                                                        following functions:
   1. Penetapan program/kebijakan pengelolaan teknik              1. Determination     of    a   centralized    technical
      prasarana secara terpusat.                                     infrastructure management program/policy.
   2. Penetapan program/kebijakan fungsi penjagaan,               2. Determination of programs/policies for the function
      pengendalian, dan evaluasi terhadap aset produksi              of safeguarding, controlling and evaluating
      berupa prasarana kereta api.                                   production assets in the form of railway
                                                                     infrastructure.
  3. Pemenuhan persyaratan teknis pengembangan dan                3. Fulfillment   of   technical    requirements      for
     penyusunan desain/spesifikasi teknis prasarana dan              development and preparation of infrastructure
     koordinasi teknis di bidang pengembangan yang                   designs/technical specifications and technical
     relevan dengan pihak luar.                                      coordination in relevant development fields with
                                                                     external parties.
  4. Pengendalian terhadap serah terima proyek                    4. Control over the handover of government projects
     pemerintah dan investasi bidang prasarana.                      and investment in infrastructure.
  5. Mengoordinasikan,     mengintegrasikan,      dan             5. Coordinate, integrate and consolidate subordinate
     mengonsolidasikan satuan organisasi di bawahnya                 organizational units including the Balai Yasa Sarana
     termasuk Unit Pelaksana Teknis Balai Yasa Sarana.               Technical Implementation Unit.

Direktur Keselamatan dan Keamanan                              Managing Director of Safety and Security
Direktur Keselamatan dan Keamanan mempunyai tugas:             The Director of Safety and Security has the following
                                                               duties:
  1. Membuat kebijakan dan perencanaan strategis                 1. Create policies and strategic planning related to
     terkait sistem manajemen keselamatan.                          the safety management system.
  2. Membuat kebijakan dan perencanaan strategis                 2. Create policies and strategic plans related to security
     terkait pengamanan dan penertiban di atas kereta               and order on trains, in station areas and vital objects
     api, di lingkungan stasiun, dan objek vital Perseroan.         of the Company.
  3. Membuat kebijakan dan perencanaan strategis                 3. Create policies and strategic planning related to
     terkait Keselamatan Kesehatan Kerja dan                        Occupational Health and Safety (K3L).




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     Lingkungan (K3L).
  4. Membuat kebijakan dan perencanaan strategis                4. Create strategic policies and plans related to the
     terkait perumusan dan penyusunan standarisasi                 formulation and preparation of safety and security
     keselamatan dan keamanan yang meliputi standar                standards which include safety and security quality
     mutu keselamatan dan keamanan, operasi                        standards, safety and security operations, evaluation
     keselamatan dan keamanan, evaluasi dan inspeksi               and inspection of the implementation of safety and
     implementasi operasi keselamatan dan keamanan.                security operations.
  5. Mengendalikan dan mengevaluasi keselamatan,                5. Control and evaluate safety, security and order on
     pengamanan dan penertiban di atas kereta api, di              trains, in the station environment, and the
     lingkungan stasiun, dan objek vital Perseroan, dan            Company's vital objects, and K3L on an ongoing
     K3L secara berkelanjutan.                                     basis.
  6. Membuat kebijakan dan perencanaan strategis                6. Create policies and strategic plans related to
     terkait penjagaan, penertiban, pensertifikatan aset           safeguarding, controlling and certifying assets non-
     non-railway.                                                  railway.

Direktur Sumber Daya Manusia (SDM) dan Umum                   Managing Director of Human Resources (HR) and
                                                              General Affairs
Direktur SDM dan Umum mempunyai tugas pokok dan               The Managing Director of Human Resources and General
tanggung jawab menyusun strategi/kebijakan serta              Affairs has the main duties and responsibilities of
pembinaan dan pengendalian di bidang:                         formulating strategies/policies as well as coaching and
                                                              controlling in the areas of:
  1. Pengembangan Operasi.                                       1. Operations Development.
  2. Pengelolaan Sumber Daya Manusia secara                      2. Integrated Human Resources Management.
     terintegrasi.
  3. Pengelolaan pendidikan dan pelatihan serta                 3. Management of education and training as well as
     penyelenggaraan sertifikasi/pengujian SDM.                    organizing HR certification/testing.
  4. Pengelolaan layanan kesehatan.                             4. Health service management.
  5. Pembinaan         pengelolaan          kegiatan            5. Guidance on the management of household and
     kerumahtanggaan dan umum.                                     general activities.

Direktur Perencanaan Strategis dan Pengembangan               Managing Director of Strategic Planning and Business
Usaha                                                         Development
Direktur Perencanaan Strategis dan Pengembangan               The Director of Strategic Planning and Business
Usaha mempunyai tugas:                                        Development has the following duties:
   1. Merencanakan dan mengembangkan bisnis sesuai              1. Centrally plan and develop business according to
      strategi Perseroan secara terpusat meliputi                  the Company's strategy including investment
      perencanaan investasi, pengembangan dan                      planning, development and monitoring of projects
      pemantauan proyek-proyek termasuk proyek                     including railway and non-railway projects.
      perkeretaapian dan non-perkeretaapian.
   2. Merencanakan, mengendalikan dan mengevaluasi              2. Plan, control and evaluate strategic investment
      kegiatan investasi strategis proyek-proyek baru dan          activities for new projects and national railway
      proyek nasional perkeretaapian termasuk proyek               projects including Instruction projects from the
      Instruksi dari Kementerian.                                  Ministry.
   3. Memantau kinerja proyek-proyek baru dan proyek-           3. Monitor the performance of new projects and national
      proyek strategis nasional perkeretaapian termasuk            strategic railway projects including Instruction
      proyek Instruksi dari Kementerian.                           projects from the Ministry.
   4. Menyelenggarakan perumusan dan penyusunan                 4. Organize the formulation and preparation of
      program perencanaan pengadaan, pelaksanaan                   procurement planning programs, procurement
      pengadaan, pengendalian, evaluasi pengadaan                  implementation, control, procurement evaluation
      serta pemantauan terhadap pengelolaan sediaan                and monitoring of inventory and warehousing
      dan pergudangan.                                             management.
   5. Membuat kebijakan dan perencanaan terkait                 5. Create policies and plans related to the
      pengelolaan administrasi dokumen-dokumen aset                administrative management of asset documents,
      baik dokumen kepernilikan aset maupun                        both asset ownership documents and legal issues.
      permasalahan hukum.
   6. Membuat kebijakan dan perencanaan strategis               6. Create policies and strategic planning for regional
      penataan ruang kawasan dan desain arsitektur                 spatial planning and architectural design of station
      bangunan stasiun dan non stasiun.                            and non-station buildings.
   7. Membuat kebijakan dan perencanaan strategis               7. Make strategic policies and plans related to the
      terkait pelestarian, pengembangan, perbaikan,                preservation, development, repair, maintenance,
      pemeliharaan,     pemugaran       serta   penataan           restoration and arrangement of cultural heritage
      bangunan cagar budaya dan non-cagar budaya.                  and non-cultural heritage buildings.




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  8. Menyusun perencanaan strategis terkait bisnis                8. Develop strategic planning related to the business
     pemanfaatan tata ruang yang bersinergi dengan                   of utilizing spatial planning in synergy with the rail
     jaringan angkutan kereta api.                                   transportation network.

Direktur Keuangan dan Manajemen Risiko                         Managing Director of Finance and Risk Management
Direktur Keuangan dan Manajemen Risiko memiliki tugas          The Director of Finance and Risk Management has the
sebagai berikut:                                               following duties:
   1. Menetapkan strategi dan kebijakan terkait                   1. Determine strategies and policies related to the
      penyelanggaraan fungsi pengelolaan keuangan                    implementation      of   centralized     financial
      secara terpusat.                                               management functions.
   2. Menetapkan strategi kebijakan terkait pengelolaan           2. Determine policy strategies related to the
      Public Service Obligation (PSO), Infrastructure                management of Public Service Obligation (PSO),
      Maintenance & Operation (IMO) dan Track Access                 Infrastructure Maintenance & Operation (IMO) and
      Charge (TAC).                                                  Track Access Charge (TAC).
   3. Menetapkan strategi dan kebijakan terkait                   3. Determine strategies and policies related to the
      pengelolaan layanan sistem informasi dan data                  management of information system services and
      enterprise.                                                    data enterprise.
   4. Menetapkan strategi dan kebijakan terkait                   4. Determine strategies and policies related to
      pengelolaan risiko usaha Perseroan secara terpadu.             managing the Company's business risks in an
                                                                     integrated manner.

Board Manual Direksi                                           Manual of Board Directors
Direksi melaksanakan tugas dan tanggung jawab sesuai           The Board of Directors carries out duties and
tata laksana kerja yang termuat di dalam Board Manual.         responsibilities in accordance with the work procedures
Board Manual merupakan tata laksana kerja yang                 contained in the Board Manual. The Board Manual is a
menjelaskan tahapan aktivitas Direksi secara terstruktur,      work procedure that explains the stages of the Directors'
sistematis, mudah dipahami, dan dapat dijalankan secara        activities in a structured, systematic, easy to understand
konsisten,     sehingga     dapat   menjadi      pedoman       and can be carried out consistently, so that it can serve
pelaksanaan tugas bagi masing-masing Direktur. Board           as a guideline for carrying out the duties of each Director.
Manual disusun berdasarkan prinsip-prinsip hukum               The Board Manual is prepared based on the principles
korporasi, Anggaran Dasar Perseroan, peraturan                 of corporate law, the Company's Articles of Association,
perundang-undangan yang berlaku, arahan Pemegang               applicable laws and regulations, Shareholder directives,
Saham, serta praktik-praktik terbaik (best practices) Good     as well as best practices (best practices) Good Corporate
Corporate Governance. Board Manual Perseroan                   Governance. The Company's Board Manual was
ditetapkan melalui Keputusan Bersama Dewan Komisaris           established through Joint Decree of the Board of
dan Direksi Nomor 04/CH/KOM/ III/2017 dan Nomor KEP.           Commissioners and Directors Number 04/CH/KOM/ III/
U/KO.101/III/15/KA-2017 tentang Panduan Tata Kerja Dewan       2017 and Number KEP.U/KO.101/III/15/KA-2017 concerning
Komisaris dan Direksi (Board Manual) PT Kereta Api             Guidelines for the Work Procedures of the Board of
Indonesia (Persero) tanggal 16 Maret 2017.                     Commissioners and Directors (Board Manual) PT Kereta
                                                               Api Indonesia (Persero) on March 16 th, 2017.

Board Manual memuat tata laksana kerja Direksi                 The Board Manual contains the work procedures of the
dengan perincian berikut:                                      Board of Directors with the following details:
  1. Persyaratan, Keanggotaan dan Masa Jabatan Direksi           1. Requirements, Membership and Term of Office of
                                                                     Directors
  2. Program Pengenalan dan Peningkatan Kapabilitas              2. Introduction and Capacity Building Program
  3. Tanggung Jawab Direksi                                      3. Responsibilities of the Board of Directors
  4. Tugas, Wewenang dan Kewajiban Direksi                       4. Duties, Authorities and Obligations of the Board of
                                                                     Directors
  5. Hak Direksi                                                 5. Directors' Rights
  6. Etika Jabatan                                               6. Department Ethics
  7. Pendelegasian Wewenang di antara Anggota Direksi            7. Delegation of Authority among Directors
  8. Pembagian Tugas Direksi                                     8. Division of Duties of the Board of Directors
  9. Penggunaan Saran Profesional                                9. Use of Professional Advice
  10. Rapat Direksi                                              10. Board of Directors Meeting
  11. Sekretaris Perusahaan                                      11. Company Secretary
  12. Hubungan dengan Anak Perusahaan dan                        12. Relationship with Subsidiaries and Joint Venture
      Perusahaan Patungan                                            Companies




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KRITERIA DIREKSI [GRI 2-10]                                    KRITERIA DIREKSI [GRI 2-10]
Berdasarkan Pasal 3 dan Pasal 4 Peraturan Menteri Badan        Based on Articles 3 and 4 of the Regulation of the Minister
Usaha Milik Negara Republik Indonesia Nomor PER-3/             of State-Owned Enterprises of the Republic of Indonesia
MBU/03/2023 tentang Organ Dan Sumber Daya Manusia              Number PER-3/MBU/03/2023 concerning the Organs and
Badan Usaha Milik Negara, KAI menetapkan sejumlah              Human Resources of State-Owned Enterprises, KAI
syarat bagi anggota Direksi, mencakup syarat materiil          establishes several requirements for members of the
dan syarat formil, yaitu sebagai berikut:                      Board of Directors, which include both material and formal
                                                               requirements, as follows:
  1. Direksi telah memenuhi syarat materiil, di antaranya:        1. The Board of Directors has met the material
                                                                     requirements, including
      a. Keahlian;                                                    a. Expertise;
      b. Integritas;                                                  b. Integrity;
      c. Kepemimpinan;                                                c. Leadership;
      d. Pengalaman;                                                  d. Experience;
      e. Jujur;                                                       e. Honesty;
      f. Perilaku yang baik; dan                                      f. Good conduct; and
      g. Dedikasi yang tinggi untuk memajukan dan                     g. High dedication to advancing and developing
         mengembangkan perusahaan.                                       the company.
  2. Direksi sudah memenuhi syarat formal, di antaranya:          2. The Board of Directors has also met the formal
                                                                     requirements, including:
       a. Orang perseorangan;                                         a. Being an individual;
       b. Mampu melaksanakan perbuatan hukum;                         b. Being capable of performing legal acts;
       c. Tidak pernah dinyatakan pailit dalam waktu 5                c. Not having been declared bankrupt within 5
          (lima) tahun sebelum pengangkatan;                             (five) years prior to appointment;
       d. Tidak pernah menjadi anggota Direksi atau                   d. Not having been a member of the Board of
          anggota Dewan Komisaris/Dewan Pengawas                         Directors or Board of Commissioners/Supervisory
          yang dinyatakan bersalah menyebabkan suatu                     Board who was found guilty of causing a state-
          BUMN, Anak Perusahaan dan/atau badan usaha                     owned enterprise, subsidiary, and/or other
          lainnya dinyatakan pailit dalam waktu 5 (lima)                 business entity to be declared bankrupt within
          tahun sebelum pengangkatan; dan                                5 (five) years prior to appointment; and
       e. Tidak pernah dihukum karena melakukan                       e. Not having been convicted of a criminal offense
          tindak pidana yang merugikan keuangan                          that caused financial harm to the state, state-
          Negara, BUMN, Anak Perusahaan, badan usaha                     owned enterprises, subsidiaries, other business
          lainnya dan/atau yang berkaitan dengan                         entities, and/or related to the financial sector
          sektor keuangan dalam waktu 5 (lima) tahun                     within 5 (five) years prior to appointment.
          sebelum pengangkatan.

Perseroan memastikan bahwa seluruh anggota Direksi             The Company ensures that all members of the Board of
yang menjabat per 31 Desember 2023 sudah memenuhi              Directors serving as of December 31st, 2023, have met the
persyaratan formal dan materiil, serta memiliki                formal and material requirements and possess the
kompetensi dan keahlian yang dibutuhkan demi                   necessary competencies and expertise to achieve the
tercapainya tujuan dan kepentingan terbaik perusahaan.         company's goals and best interests. The composition of
Komposisi Direksi per 31 Desember 2023 terdiri dari 9          the Board of Directors as of December 31 st, 2023, consists
(sembilan) anggota yang seluruhnya telah dinyatakan            of 9 (nine) members, all of whom have passed the Fit
lulus Uji Kelayakan dan Kepatutan (UKK) oleh                   and Proper Test (UKK) conducted by the Ministry of State-
Kementerian BUMN. Susunan. komposisi Direksi KAI per           Owned Enterprises. The composition of the Board of
31 Desember 2023, perubahan komposisi Direksi dengan           Directors as of December 31 st, 2023, changes in the
alasannya, serta hubungan afiliasi Direksi telah dijelaskan    composition of the Board of Directors along with the
pada bab Profil Perusahaan.                                    reasons, and the affiliation relationships of the Directors
                                                               have been explained in the Corporate Profile chapter.




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Pengelolaan Potensi Benturan Kepentingan (Conflict           Management of Potential Conflicts of Interest for the
of Interest) Direksi [GRI 2-15]                              Board of Directors [GRI 2-15]
Benturan kepentingan Direksi merupakan kondisi               A conflict of interest for the Board of Directors arises when
tertentu terkait kepentingan pribadi Direksi yang            there is a personal interest that potentially conflicts with
memiliki potensi bertentangan dengan kepentingan             the interests of the Company in increasing its value,
Perseroan untuk meningkatkan nilai Perseroan, meraih         earning profits, and achieving the Company's vision and
laba serta pencapaian visi dan misi Perseroan                mission as mandated by the shareholders. The
sebagaimana diamanatkan oleh Pemegang Saham.                 management of conflicts of interest within the Company
Pengelolaan benturan kepentingan Perseroan diatur            is governed by the Board of Directors' Regulation
melalui Peraturan Direksi Nomor PER.D/Ke.202/XII/l/KA-       Number PER.D/Ke.202/XII/l/KA-2020 on Good Corporate
2020 Tentang Pedoman Tata Kelola Perusahaan yang             Governance Guidelines, as follows:
Baik (Good Corporate Governance) sebagai berikut:

  1. Direksi menetapkan kebijakan tentang mekanisme             1. The Board of Directors establishes policies and
     bagi Direksi dan pejabat struktural untuk mencegah            mechanisms for preventing personal gain or benefits
     pengambilan keuntungan pribadi dan pihak lainnya              to other parties arising from conflicts of interest.
     disebabkan benturan kepentingan;
  2. Direksi melakukan sosialisasi kebijakan tentang            2. The Board of Directors conducts socialization and
     mekanisme untuk mencegah pengambilan                          education regarding the policy mechanisms to
     keuntungan pribadi bagi Direksi dan pejabat                   prevent personal gain for the Board and structural
     struktural Perusahaan;                                        officials within the Company.
  3. Direksi membuat surat pernyataan bahwa Direksi             3. The Board of Directors issues a declaration stating
     tidak memiliki benturan kepentingan antara                    that they do not have any conflict of interest
     kepentingan pribadi/keluarga, jabatan lain, atau              between their personal/family interests, other
     golongan dengan kepentingan Perusahaan pada                   positions, or affiliations with the interests of the
     awal pengangkatan dan wajib diperbaharui setiap               Company at the start of their appointment, and this
     awal tahun (untuk pernyataan tahunan dapat                    declaration must be updated at the beginning of
     dicantumkan pada kontrak manajemen yang                       each year (for annual declarations, they can be
     ditandatangani Direksi dengan Pemegang Saham;                 included in the management contract signed by
                                                                   the Board of Directors and the Shareholders).
  4. Direksi menyampaikan laporan kepemilikan saham             4. The Board of Directors submits a report on their
     pada Perusahaan dan Perusahaan lainnya kepada                 share ownership in the Company and other
     Perusahaan melalui Sekretaris Perusahaan untuk                companies to the Company through the Corporate
     dicatat dalam Daftar Khusus;                                  Secretary for recording in a Special Register.
  5. Direksi wajib menandatangani pakta integritas yang         5. The Board of Directors must sign an integrity pact,
     dilampirkan dalam setiap usulan tindakan Direksi              which is attached to every proposal for actions by
     yang membutuhkan persetujuan dari Dewan                       the Board requiring approval from the Board of
     Komisaris     dan/   atau    rekomendasi       dari           Commissioners and/or a recommendation from the
     DewanKomisarisdengan persetujuan RUPS; dan                    Board of Commissioners with the approval of the
                                                                   General Meeting of Shareholders (GMS).
  6. Perusahaan        memastikan    tidak   terdapat           6. The Company ensures that no transactional
     pengambilan keputusan transaksional yang                      decisions are made that involve conflicts of interest,
     mengandung benturan kepentingan, diantaranya:                 including:
      a. Pelanggaran sehubungan dengan transaksi                     a. Violations related to corporate opportunity
         kesempatan        Perusahaan      (corporate                   transactions.
         opportunity);
      b. Pelanggaran sehubungan dengan transaksi                    b. Violations related to transactions with the
         dengan Perusahaan baik secara langsung                        Company, either directly or through their family
         maupun melalui anggota keluarganya atau                       members or close relatives (self-dealing).
         keluarga dekatnya (self dealing);
      c. Pelanggaran sehubungan transaksi yang                      c. Violations related to transactions involving
         mengandung benturan kepentingan (conflict                     conflicts of interest.
         of interest); dan
      d. Pelanggaran sehubungan transaksi yang                      d. Violations related      to   insider   information
         dibantu orang dalam (insider information).                    transactions.




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RAPAT DIREKSI                                                 BOARDS MEETING
Kebijakan Rapat                                               Meeting Policy
Kebijakan Rapat Sesuai ketentuan di dalam Anggaran            According to the provisions in the Articles of Association
Dasar dan Board Manual , selain itu Perseroan telah           and the Board Manual, the Company has also established
menetapkan Peraturan Direksi No PER.U/KC.202/X/1/KA-          Director Regulation No. PER.U/KC.202/X/1/KA-2020 dated
2020 tanggal 26 Oktober 2020 tentang Tata Tertib Rapat        October 26 th, 2020, concerning the Rules of Procedure
Direksi dengan uraian sebagai berikut:                        for Board Meetings, with the following details:
   1. Direksi harus melakukan rapat secara berkala paling        1. The Board of Directors must hold regular meetings
      sedikit 1 (satu) kali dalam sebulan sesuai rencana             at least 1 (one) time a month according to the
      rapat yang disusun mengacu pada rencana kerja                  meeting plan prepared referring to the annual budget
      anggaran tahunan.                                              work plan.
   2. Penyelenggaraan rapat Direksi dapat dilakukan              2. Board of Directors meetings can be held at any time
      setiap waktu apabila:                                          if:
       a. Dipandang perlu oleh seorang atau lebih                      a. deemed necessary by one or more members
          anggota Direksi;                                                of the Board of Directors;
       b. Atas permintaan tertulis dari seorang atau lebih             b. Upon written request from one or more
          anggota Dewan Komisaris; atau                                   members of the Board of Commissioners; or
       c. Atas permintaan tertulis dari Pemegang Saham.                c. Upon written request from the Shareholder.
   3. Panggilan rapat Direksi dilakukan secara tertulis          3. Calls for meetings of the Board of Directors are made
      melalui nota dinas elektronik oleh anggota Direksi             in writing via electronic service notes by members
      yang berhak mewakili.                                          of the Board of Directors who have the right to
                                                                     represent them.
  4. Dalam hal keadaan memaksa rapat Direksi dapat               4. In case of compelling circumstances, the Board of
     dilakukan tanpa panggilan. Rapat dianggap sah                   Directors meeting can be held without a summons.
     dalam hal rapat tersebut dihadiri oleh seluruh                  A meeting is considered valid if the meeting is
     anggota Direksi.                                                attended by all members of the Board of Directors.
  5. Rapat Direksi dipimpin oleh Direktur Utama.                 5. Board of Directors meetings are chaired by the
                                                                     President Director.
  6. Rapat Direksi dapat dilakukan melalui tatap muka            6. Directors' meetings can be held face-to-face or virtual
     atau rapat virtual melalui sarana media elektronik              meetings via electronic media which allows all
     yang memungkinkan semua peserta rapat Direksi                   Directors' meeting participants to see and hear each
     saling melihat dan mendengar secara langsung                    other directly and participate in the Board of
     serta berpartisipasi dalam rapat Direksi.                       Directors' meetings.
  7. Setiap anggota Direksi yang menghadiri rapat                7. Each member of the Board of Directors who attends
     berhak menyampaikan tanggapan dalam rapat                       the meeting has the right to submit comments at
     yang dicatat dalam risalah rapat termasuk                       the meeting which are recorded in the minutes of
     pendapat berbeda (dissenting opinions) jika ada.                the     meeting    including    different   opinions
                                                                     (dissenting opinions) If there are.
  8. Direksi berkewajiban menghadiri setiap rapat                8. Directors are obliged to attend every Board of
     Direksi. Dalam hal terdapat Direksi yang berhalangan            Directors meeting. In the event that a Director who
     hadir harus memberikan alasan ketidakhadirannya                 is unable to attend must provide a reason for his or
     dalam risalah rapat, Direksi yang tidak hadir dapat             her absence in the minutes of the meeting, the
     memberikan kuasa kepada salah satu anggota Direksi              Director who is not present can give power of
     yang hadir sekaligus kewenangan pemegang kuasa                  attorney to one of the members of the Board of
     tersebut untuk memberikan suara dalam rapat                     Directors who is present as well as the authority of
     Direksi. Seorang anggota Direksi hanya dapat                    the power of attorney holder to vote at the Board
     mewakili seorang anggota Direksi lainnya.                       of Directors meeting. A member of the Board of
                                                                     Directors can only represent another member of
                                                                     the Board of Directors.
  9. Rapat Direksi adalah sah dan berhak mengambil               9. Board of Directors Meetings are valid and entitled
      keputusan yang mengikat apabila dihadiri oleh                  to make binding decisions when attended by more
      lebih dari ½ (satu perdua) jumlah seluruh anggota              than ½ (one half) of all members of the Board of
      Direksi.                                                       Directors.
  10. Dalam mata acara lain-lain, rapat Direksi tidak            10. In other agenda items, the Board of Directors
      berhak mengambil keputusan kecuali seluruh                     meeting does not have the right to make decisions
      anggota Direksi hadir dan menyetujui penambahan                unless all members of the Board of Directors are
      mata acara rapat.                                              present and agree to add additional meeting agenda
                                                                     items.
  11. Semua keputusan dalam rapat Direksi diambil                11. All decisions at Board of Directors meetings are
      dengan musyawarah untuk mufakat.                               taken by deliberation to reach consensus.
  12. Dalam hal keputusan tidak dapat diambil dengan             12. In the event that a decision cannot be taken by
      musyawarah mufakat, maka keputusan diambil                     consensus, the decision is taken by majority vote.




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                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




      dengan suara terbanyak.
  13. Dalam hal jumlah suara yang setuju dan yang tidak               13. In the event that the number of votes agreeing and
      setuju sama banyaknya, maka keputusan rapat                         disagreeing is the same, then the decision of the
      adalah yang sesuai dengan pendapat pimpinan                         meeting is in accordance with the opinion of the
      rapat dengan tetap memperhatikan ketentuan                          chairman of the meeting while still paying attention
      mengenai pertanggungjawaban.                                        to the provisions regarding accountability.
  14. Dalam hal usulan lebih dari dua alternatif dan hasil            14. In the event that there are more than two
      pemungutan suara belum mendapatkan satu                             alternative proposals and the results of the voting
      alternatif dengan suara lebih dari ½ (satu per dua)                 have not obtained one alternative with more than
      bagian dari jumlah suara yang dikeluarkan, maka                     ½ (one-half) of the total votes cast, then a re-vote
      dilakukan pemilihan ulang terhadap dua usulan                       will be carried out on the two proposals that received
      yang memperoleh suara terbanyak sehingga salah                      the most votes so that one of the proposals gets
      satu usulan memperoleh suara lebih dari ½ (satu                     votes are more than ½ (one half) of the total votes
      per dua) bagian dari jumlah suara yang dikeluarkan.                 cast.
  15. Direksi yang tidak memberikan suara maka                        15. Directors who do not vote are deemed to have
      dianggap menyetujui usul yang diajukan dalam                        approved the proposal submitted at the meeting.
      rapat.
  16. Keputusan rapat Direksi adalah keputusan tertinggi              16. The decision of the Board of Directors meeting is
      yang tidak dapat diubah kecuali dengan rapat                        the highest decision which cannot be changed
      Direksi.                                                            except by the Board of Directors meeting.
  17. Terkait dengan rapat Direksi bersama Dewan                      17. Regarding meetings between the Board of Directors
      Komisaris dapat dilakukan atas undangan Dewan                       and the Board of Commissioners, they can be held
      Komisaris atau atas permintaan Direksi.                             at the invitation of the Board of Commissioners or
                                                                          at the request of the Board of Directors.

Agenda, Tanggal dan Peserta Rapat Direksi Tahun 2023              Agenda, Date and Participants of the 2023 Board of
                                                                  Directors Meeting
Selama tahun 2023, Direksi mengikuti 43 kali rapat direksi.       During 2023, the Board of Directors attended 43 board
Berikut ini tanggal, agenda, dan peserta rapat Direksi.           meetings. The following is the date, agenda and participants
                                                                  of the Board of Directors meeting.

                                                                                                                 Alasan
                                                                       Peserta Rapat
          Tanggal                    Agenda Rapat                                          Kehadiran         Ketidakhadiran
  No                                                                      Meeting
           Date                     Meeting Agenda                                         Attendance          Reason for
                                                                        Participants
                                                                                                                Absence

   1    3 Januari       • Arahan Direktur Utama;                      Didiek Hartantyo   Hadir / Present            -
        2023 /          • Update Tindaklanjut BOD Sebelumnya; /
        January 3 rd,     Previous BOD Follow-up Update;              Hadis Surya        Hadir / Present            -
        2023            • Rencana Investasi Pengadaan Replacement     Palapa
                          612 Kereta,KA Luxury, KA Bima Reborn; /
                          Investment     Plan    for  Replacement     Awan Hermawan      Hadir / Present            -
                          Procurement of 612 Trains, Luxury Trains,   Purwadinata
                          Bima Reborn Trains;
                                                                      Heru Kuswanto      Hadir / Present            -
                        • Rencana Pengadaan Sarana Baru KCI; / KCI
                          New Rolling Stock Procurement Plan;         Eko Purwanto       Hadir / Present            -
                        • Program Strategis Direksi 2023 Direktorat
                          Keselamatan / Directors Strategic Program   Sandry N           Hadir / Present            -
                          2023 Safety Directorate                     Pasambuna
                        • Program Strategis Direksi 2023 Direktorat
                          Niaga / Directors Strategic Program 2023    Suparno            Hadir / Present            -
                          Directorate of Commerce
                                                                      John Robertho      Hadir / Present            -

                                                                      Salusra Wijaya     Hadir / Present            -




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                                                                      Annual and Sustainability Report
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                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




                                                                                                                 Alasan
                                                                         Peserta Rapat
        Tanggal                    Agenda Rapat                                             Kehadiran        Ketidakhadiran
 No                                                                         Meeting
         Date                     Meeting Agenda                                            Attendance         Reason for
                                                                          Participants
                                                                                                                Absence

  2   12 Januari    • Arahan Direktur Utama;                            Didiek Hartantyo   Hadir / Present         -
      2023 /        • Update Tindaklanjut BOD sebelumnya; /
      January         Previous BOD Follow-up Update;                    Hadis Surya        Hadir / Present         -
      12 th, 2023   • Investasi Sumbagsel Segmen I target 150           Palapa
                      Juta Ton; / South Sumatra Segment I
                      Investment targets 150 Million Tons;              Awan Hermawan      Hadir / Present         -
                    • Evaluasi Tingkat Keselamatan KAI 2022             Purwadinata
                      dan Program Target 2023 ; / Evaluation
                                                                        Heru Kuswanto      Hadir / Present         -
                      of KAI's 2022 Safety Level and 2023
                      Target Program;                                   Eko Purwanto       Hadir / Present         -

                                                                        Sandry N           Hadir / Present         -
                                                                        Pasambuna

                                                                        Suparno            Hadir / Present         -

                                                                        John Robertho      Hadir / Present         -

                                                                        Salusra Wijaya     Hadir / Present         -

  3   17 Januari    • Arahan Direktur Utama;                            Didiek Hartantyo   Hadir / Present         -
      2023 /        • Update Tindaklanjut BOD sebelumnya; /
      January         Previous BOD Follow-up Update;                    Hadis Surya        Hadir / Present         -
      17 th, 2023   • Update Laporan Keuangan Tahun 2022                Palapa
                      (Unaudited) dan RKAP KAI 2023; / Updated
                      2022 Financial Report (Unaudited) and             Awan Hermawan      Hadir / Present         -
                      2023 KAI RKAP;                                    Purwadinata
                    • Rencana       Penghapusbukuan        Aset
                                                                        Heru Kuswanto      Hadir / Present         -
                      Gadobangkong - Gd Auxilary Proyek KCJB;
                      / Gadobangkong Asset Write-Off Plan -             Eko Purwanto       Hadir / Present         -
                      KCJB Project Auxiliary Gd;
                    • Update Kajian V160 KA Penumpang Hasil             Sandry N           Hadir / Present         -
                      Technical Visit KTMB; / V160 KA Passenger         Pasambuna
                      Study Update Technical Visit KTMB;
                    • Update IMO & TAC. / Update IMO & TAC.             Suparno            Hadir / Present         -

                                                                        John Robertho      Hadir / Present         -

                                                                        Salusra Wijaya     Hadir / Present         -

  4   24 Januari    • Arahan Direktur Utama;                            Didiek Hartantyo   Hadir / Present         -
      2023 /        • Update Tindaklanjut BOD sebelumnya; /
      January         Previous BOD Follow-up Update;                    Hadis Surya        Hadir / Present         -
      24 th, 2023   • Update        Transformasi      Digital    (CTO   Palapa
                      McKinsey); / Digital Transformation Update
                      (McKinsey CTO);                                   Awan Hermawan      Hadir / Present         -
                    • Rencana Transisi MSA - LTPA Pengadaan             Purwadinata
                      Suku Cadang 206 secara Multi Years; / MSA
                                                                        Heru Kuswanto      Hadir / Present         -
                      Transition Plan - LTPA Multi-Year
                      Procurement of Spare Parts 206;                   Eko Purwanto       Hadir / Present         -
                    • Update Proyek dan Rencana Kerja menuju
                      COD KCJB; / Project Update and Work Plan          Sandry N           Hadir / Present         -
                      towards COD KCJB;                                 Pasambuna
                    • Desain Tempat Peristirahatan Crew KA Divre
                      III & IV; / Design of Divre III & IV Train Crew   Suparno            Hadir / Present         -
                      Rest Areas;
                                                                        John Robertho      Hadir / Present         -

                                                                        Salusra Wijaya     Hadir / Present         -




                    Laporan Tahunan dan Keberlanjutan
300                                                                                           PT Kereta Api Indonesia (Persero)
                      Annual and Sustainability Report
Page 301
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                                Alasan
                                                                       Peserta Rapat
          Tanggal                    Agenda Rapat                                         Kehadiran         Ketidakhadiran
  No                                                                      Meeting
           Date                     Meeting Agenda                                        Attendance          Reason for
                                                                        Participants
                                                                                                               Absence

   5    28 Januari     • Arahan Direktur Utama;                       Didiek Hartantyo   Hadir / Present           -
        2023 /         • Evaluasi   Penerapan   Remunerasi   /
        January          Evaluation       of     Remuneration         Hadis Surya        Hadir / Present           -
        28 th, 2023      Implementation                               Palapa

                                                                      Awan Hermawan      Hadir / Present           -
                                                                      Purwadinata

                                                                      Heru Kuswanto      Hadir / Present           -

                                                                      Eko Purwanto       Hadir / Present           -

                                                                      Sandry N           Hadir / Present           -
                                                                      Pasambuna

                                                                      Suparno            Hadir / Present           -

                                                                      John Robertho      Hadir / Present           -

                                                                      Salusra Wijaya     Hadir / Present           -

   6    7 Februari     • Arahan Direktur Utama;                       Didiek Hartantyo   Hadir / Present           -
        2023 /         • Update Tindaklanjut BOD sebelumnya; /
        February         Previous BOD Follow-up Update;               Hadis Surya        Hadir / Present           -
        7 th, 2023     • Update Transformasi Digital Mckinsey; /      Palapa
                         Update Transformasi Digital Mckinsey;
                       • Update Transformasi Digital Deloitte -       Awan Hermawan      Hadir / Present           -
                         Bidang Prasarana; / Deloitte Digital         Purwadinata
                         Transformation Update - Infrastructure
                                                                      Heru Kuswanto      Hadir / Present           -
                         Sector;
                       • Penetapan KPI Bersama Direksi Untuk KPI      Eko Purwanto       Hadir / Present           -
                         Individu Direksi. / Determination of Joint
                         KPI for Directors for Individual KPI for     Sandry N           Hadir / Present           -
                         Directors.                                   Pasambuna

                                                                      Suparno            Hadir / Present           -

                                                                      John Robertho      Hadir / Present           -

                                                                      Salusra Wijaya      Tidak Hadir /     Perjalanan Luar
                                                                                          Not Present       Negeri / Travel
                                                                                                                Abroad

   7    14 Februari    • Arahan Direktur Utama;                       Didiek Hartantyo   Hadir / Present           -
        2023 /         • Update Tindaklanjut BOD sebelumnya; /
        February         Previous BOD Follow-up Update;               Hadis Surya        Hadir / Present           -
        14 th, 2023    • Rencana Kerjasama Konsorsium dengan          Palapa
                         CR Beijing - O&M KCJB; / Consortium
                         Cooperation Plan with CR Beijing - O&M       Awan Hermawan      Hadir / Present           -
                         KCJB;                                        Purwadinata
                       • Update Rencana Rapat Kerja KAI 2023. /
                                                                      Heru Kuswanto      Hadir / Present           -
                         Update on KAI 2023 Working Meeting Plans.
                                                                      Eko Purwanto       Hadir / Present           -

                                                                      Sandry N           Hadir / Present           -
                                                                      Pasambuna

                                                                      Suparno            Hadir / Present           -

                                                                      John Robertho      Hadir / Present           -

                                                                      Salusra Wijaya     Hadir / Present           -




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                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




                                                                                                              Alasan
                                                                      Peserta Rapat
        Tanggal                    Agenda Rapat                                          Kehadiran        Ketidakhadiran
 No                                                                      Meeting
         Date                     Meeting Agenda                                         Attendance         Reason for
                                                                       Participants
                                                                                                             Absence

  8   28 Februari    • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
      2023 /         • Update Tindaklanjut BOD sebelumnya; /
      February         Previous BOD Follow-up Update;                Hadis Surya        Hadir / Present           -
      28 th, 2023    • Update       Tindaklanjut      Perjanjian     Palapa
                       Konsorsium O&M Proyek KCJB; / Update
                       on the Follow-up to the KCJB Project O&M      Awan Hermawan      Hadir / Present           -
                       Consortium Agreement;                         Purwadinata
                     • Rencana Perjalanan KAIS Lebaran 2023 /
                                                                     Heru Kuswanto      Hadir / Present           -
                       1444 H; / KAIS Lebaran Travel Plan 2023 /
                       1444 H;                                       Sandry N           Hadir / Present           -
                     • Usulan Penambahan CDD Direktorat              Pasambuna
                       Operasi. / Proposed Addition to CDD
                       Operations Directorate.                       Suparno            Hadir / Present           -

                                                                     John Robertho      Hadir / Present           -

                                                                     Salusra Wijaya      Tidak Hadir /    Cuti / Paid leave
                                                                                         Not Present

  9   11 Maret       • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
      2023 /         • Update Kinerja Keselamatan; / Update
      March 11 th,     Safety Performance;                           Hadis Surya        Hadir / Present           -
      2023           • Update Progress Pengadaan SDM; / Update       Palapa
                       HR Procurement Progress;
                     • Update Laporan Keuangan Feb 2023; /           Awan Hermawan       Tidak Hadir /    Perjalanan Luar
                       Update Financial Report Feb 2023;             Purwadinata         Not Present      Negeri / Travel
                     • Evaluasi Kinerja Angkutan Barang; /                                                    Abroad
                       Evaluation of Freight Transportation
                                                                     Heru Kuswanto      Hadir / Present           -
                       Performance;
                     • Evaluasi Kinerja Angkutan Penumpang; /        Sandry N           Hadir / Present           -
                       Passenger Transportation Performance          Pasambuna
                       Evaluation;
                     • Update Progress Penyerapan Investasi; /       Suparno            Hadir / Present           -
                       Update Investment Absorption Progress;
                     • Evaluasi Kinerja Optimalisasi Aset; / Asset   John Robertho      Hadir / Present           -
                       Optimization Performance Evaluation;
                     • Update Proyek KCJB; / Update Proyek KCJB;     Salusra Wijaya     Hadir / Present           -
                     • Update LRT Jabodebek. / Update
                       Jabodebek LRT.

 10   17 Maret       • Arahan YOU;                                   Didiek Hartantyo   Hadir / Present           -
      2023 /         • Proyek KCJB - Rencana PMN KAI 2023 /
      March 17 th,     KCJB Project - KAI PMN Plan 2023              Hadis Surya        Hadir / Present           -
      2023                                                           Palapa

                                                                     Awan Hermawan      Hadir / Present           -
                                                                     Purwadinata

                                                                     Heru Kuswanto      Hadir / Present           -

                                                                     Sandry N            Tidak Hadir /    Perjalanan Luar
                                                                     Pasambuna           Not Present      Negeri / Travel
                                                                                                              Abroad

                                                                     Suparno            Hadir / Present           -

                                                                     John Robertho      Hadir / Present           -

                                                                     Salusra Wijaya     Hadir / Present           -




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302                                                                                        PT Kereta Api Indonesia (Persero)
                       Annual and Sustainability Report
Page 303
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                     Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                                    Alasan
                                                                           Peserta Rapat
          Tanggal                      Agenda Rapat                                           Kehadiran         Ketidakhadiran
  No                                                                          Meeting
           Date                       Meeting Agenda                                          Attendance          Reason for
                                                                            Participants
                                                                                                                   Absence

   11   21 Maret         • Arahan Direktur Utama;                         Didiek Hartantyo   Hadir / Present           -
        2023 /           • Update Tindaklanjut BOD sebelumnya; /
        March 21 st,       Previous BOD Follow-up Update;                 Hadis Surya        Hadir / Present           -
        2023             • Update Persiapan Angkutan Lebaran; /           Palapa
                           Update on Eid Transport Preparations;
                         • Update Operasi Makassar Pare-Pare dan          Awan Hermawan      Hadir / Present           -
                           Rencana Peresmian Presiden RI; / Makassar      Purwadinata
                           Pare-Pare Operation Update and Plans
                                                                          Heru Kuswanto      Hadir / Present           -
                           for the Inauguration of the President of
                           the Republic of Indonesia;                     Sandry N            Tidak Hadir /     Perjalanan Luar
                         • Update Tarif Angkutan Batu Bara; / Update      Pasambuna           Not Present       Negeri / Travel
                           on Coal Transportation Tariffs;                                                          Abroad
                         • Update Kajian Final Roadmap ESG; /
                           Update Kajian Final Roadmap ESG;               Suparno            Hadir / Present           -
                         • Update Permasalahan TAC. / TAC Problem
                           Update.                                        John Robertho      Hadir / Present           -

                                                                          Salusra Wijaya     Hadir / Present           -

  12    31 Maret         • Arahan Direktur Utama;                         Didiek Hartantyo   Hadir / Present           -
        2023 /           • Tunjangan Hari Raya Pekerja 2023 / 2023
        March 31 st,       Employee Holiday Benefits                      Hadis Surya        Hadir / Present           -
        2023                                                              Palapa

                                                                          Awan Hermawan      Hadir / Present           -
                                                                          Purwadinata

                                                                          Heru Kuswanto      Hadir / Present           -

                                                                          Sandry N           Hadir / Present           -
                                                                          Pasambuna

                                                                          Suparno            Hadir / Present           -

                                                                          John Robertho      Hadir / Present           -

                                                                          Salusra Wijaya     Hadir / Present           -

  13    11 April 2023    • Arahan Direktur Utama;                         Didiek Hartantyo   Hadir / Present           -
        / April 11 th,   • Tindaklanjut BOD Meeting Sebelumnya; /
        2023               Follow-up to Previous BOD Meeting;             Hadis Surya        Hadir / Present           -
                         • Update Transformasi Digital – Passenger;       Palapa
                           / Digital Transformation Update – Passenger;
                         • Update Permasalahan Aset Pentasena; /          Awan Hermawan      Hadir / Present           -
                           Pentasena Asset Problem Update;                Purwadinata
                         • Update Pemasangan CCTV Lokomotif /
                                                                          Heru Kuswanto      Hadir / Present           -
                           Update on Locomotive CCTV Installation
                                                                          Sandry N           Hadir / Present           -
                                                                          Pasambuna

                                                                          Suparno            Hadir / Present           -

                                                                          John Robertho      Hadir / Present           -

                                                                          Salusra Wijaya     Hadir / Present           -




                                                                      Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                    303
                                                                          Annual and Sustainability Report
Page 304
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




                                                                                                               Alasan
                                                                      Peserta Rapat
        Tanggal                    Agenda Rapat                                          Kehadiran         Ketidakhadiran
 No                                                                      Meeting
         Date                     Meeting Agenda                                         Attendance          Reason for
                                                                       Participants
                                                                                                              Absence

 14   9 Mei 2023 /   • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
      May 9 th,      • Tindaklanjut BOD Meeting Sebelumnya; /
      2023             Follow-up to Previous BOD Meeting;            Hadis Surya        Hadir / Present           -
                     • Update Laporan Keuangan Tahun 2022; /         Palapa
                       2022 Financial Report Update;
                     • Pembahasan Peraturan Direksi IKK3; /          Awan Hermawan      Hadir / Present           -
                       Discussion of IKK3 Board of Directors         Purwadinata
                       Regulations;
                                                                     Heru Kuswanto       Tidak Hadir /     Perjalanan Luar
                                                                                         Not Present       Negeri / Travel
                                                                                                               Abroad

                                                                     Sandry N           Hadir / Present           -
                                                                     Pasambuna

                                                                     Suparno            Hadir / Present           -

                                                                     John Robertho      Hadir / Present           -

                                                                     Salusra Wijaya     Hadir / Present           -

 15   16 Mei 2023    • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
      / May 16 th,   • Penyampaian Agenda dan Tindaklanjut
      2023             Keputusan BOD sebelumnya; / Submission        Hadis Surya        Hadir / Present           -
                       of Agenda and Follow-up to previous BOD       Palapa
                       Decisions;
                     • Kesiapan Pengamanan System IT KAI; / KAI      Awan Hermawan      Hadir / Present           -
                       IT System Security Readiness;                 Purwadinata
                     • Rencana Pemberlakuan GAPEKA; / GAPEKA
                                                                     Heru Kuswanto      Hadir / Present           -
                       Implementation Plan;
                     • Pekerjaan Perbaikan Amblesan di ME – Mli;     Sandry N           Hadir / Present           -
                       / Subsidence Repair Work in ME – Mli;         Pasambuna
                     • Pembahasan Peraturan Direksi IKKK; /
                       Discussion of IKKK Directors Regulations;     Suparno            Hadir / Present           -
                     • Update Term Sheet Proyek KCJB; / KCJB
                       Project Term Sheet Update;                    John Robertho       Tidak Hadir /     Uji Coba Kereta
                     • Update Permasalahan Pentasena. /                                  Not Present      Cepat / High Speed
                       Pentasena Problem Update.                                                            Train Trial Test

                                                                     Salusra Wijaya     Hadir / Present           -

 16   23 Mei 2023    • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
      / May 23 rd,   • Penyampaian Agenda dan Tindaklanjut
      2023             Keputusan BOD sebelumnya; / Submission        Hadis Surya        Hadir / Present           -
                       of Agenda and Follow-up to previous BOD       Palapa
                       Decisions;
                     • Rencana Investasi Pengadaan 1 Set Lifting     Awan Hermawan      Hadir / Present           -
                       Jack 20 x 16 Ton untuk Mendukung              Purwadinata
                       Perawatan KA Feeder KCJB; / Investment
                                                                     Heru Kuswanto      Hadir / Present           -
                       Plan Procurement 1 Set Lifting Jack 20 x
                       16 Tons to Support KCJB Feeder Train          Sandry N           Hadir / Present           -
                       Maintenance;                                  Pasambuna
                     • Usulan Pengisian Dewan Komisaris Anak
                       Perusahaan, Perusahaan Patungan & Afiliasi;   Suparno            Hadir / Present           -
                       / Proposed Filling of the Board of
                       Commissioners of Subsidiaries, Joint          John Robertho      Hadir / Present           -
                       Venture Companies & Affiliates;
                     • Pembahasan Peraturan Direksi IKKK; /          Salusra Wijaya     Hadir / Present           -
                       Discussion of IKKK Directors Regulations;
                     • Laporan Keuangan Audit 2022 dan Laporan
                       Keuangan April 2023; / 2022 Audited
                       Financial Report and April 2023 Financial
                       Report;




                     Laporan Tahunan dan Keberlanjutan
304                                                                                        PT Kereta Api Indonesia (Persero)
                       Annual and Sustainability Report
Page 305
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                                   Alasan
                                                                           Peserta Rapat
          Tanggal                     Agenda Rapat                                            Kehadiran        Ketidakhadiran
  No                                                                          Meeting
           Date                      Meeting Agenda                                           Attendance         Reason for
                                                                            Participants
                                                                                                                  Absence

  17    29 Mei 2023     • Arahan Direktur Utama;                          Didiek Hartantyo   Hadir / Present          -
        / May 29 th,    • Penyampaian Agenda dan Tindaklanjut
        2023              Keputusan BOD sebelumnya; / Submission          Hadis Surya        Hadir / Present          -
                          of Agenda and Follow-up to previous BOD         Palapa
                          Decisions;
                        • Pembangunan Selasar Penghubung Ruang            Awan Hermawan      Hadir / Present          -
                          Tunggu Sisi Barat KA Feeder dengan Hall         Purwadinata
                          Stasiun Bandung Sisi Utara; / Construction
                                                                          Heru Kuswanto      Hadir / Present          -
                          of a corridor connecting the West Side of
                          the Railway Waiting Room Feeder with            Sandry N           Hadir / Present          -
                          North Side Bandung Station Hall;                Pasambuna
                        • Update Perdir Premi dan Remunerasi; /
                          Update       Perdir    Premiums       and       Suparno            Hadir / Present          -
                          Remuneration;
                        • Perencanaan dan Manajemen Aset; / Asset         John Robertho      Hadir / Present          -
                          Planning and Management;
                                                                          Salusra Wijaya     Hadir / Present          -

  18    06 Juni         • Arahan Direktur Utama;                          Didiek Hartantyo   Hadir / Present          -
        2023 / June     • Penyampaian Agenda dan Tindaklanjut
        6 th, 2023        Keputusan BOD sebelumnya; / Submission          Hadis Surya        Hadir / Present          -
                          of Agenda and Follow-up to previous BOD         Palapa
                          Decisions;
                        • Update Progress Seminar Nasional                Awan Hermawan      Hadir / Present          -
                          Peningkatan Keamanan dan Keselamatan            Purwadinata
                          di Perlintasan Sebidang Jalur Kereta Api;
                                                                          Heru Kuswanto      Hadir / Present          -
                          / Update on Progress of National Seminar
                          on Improving Security and Safety at             Sandry N           Hadir / Present          -
                          Railway Level Crossings;                        Pasambuna
                        • PORKA / PORKA
                                                                          Suparno            Hadir / Present          -

                                                                          John Robertho      Hadir / Present          -

                                                                          Salusra Wijaya     Hadir / Present          -

  19    13 Juni 2023    • Arahan Direktur Utama;                          Didiek Hartantyo   Hadir / Present          -
        / June 13 th,   • Tindaklanjut BOD Meeting Sebelumnya; /
        2023              Follow-up to Previous BOD Meeting;              Hadis Surya        Hadir / Present          -
                        • Pekerjaan Penggantian Kursi K3 New              Palapa
                          Generation di BY Manggarai Tahun 2023;
                          / New Generation K3 Chair Replacement           Awan Hermawan      Hadir / Present          -
                          Work at BY Manggarai in 2023;                   Purwadinata
                        • Pengadaan Maintenance Service Agreement
                                                                          Heru Kuswanto      Hadir / Present          -
                          (MSA)   Sarana     LRT   Jabodebek;      /
                          Procurement of Maintenance Service              Sandry N           Hadir / Present          -
                          Agreement (MSA) for Jabodebek LRT Rolling       Pasambuna
                          Stock;
                        • Program Penjualan H-45 dan H-90; / H-45         Suparno            Hadir / Present          -
                          and H-90 Sales Program;
                        • Usulan Komisaris Anak Perusahaan; /             John Robertho      Hadir / Present          -
                          Subsidiary Commissioner's Proposal;
                                                                          Salusra Wijaya     Hadir / Present          -

  20    20 Juni         • Arahan Direktur Utama;                          Didiek Hartantyo   Hadir / Present          -
        2023 / June     • Penyampaian Agenda dan Tindaklanjut
        20, 2023          Keputusan BOD sebelumnya; / Submission          Hadis Surya        Hadir / Present          -
                          of Agenda and Follow-up to previous BOD         Palapa
                          Decisions;
                        • Update Persiapan RUPS LK 2022; / 2022           Awan Hermawan      Hadir / Present          -
                          GMS LK Preparation Update;                      Purwadinata
                        • Usulan Dividen Anak Peusahaan Tahun 2022;
                                                                          Heru Kuswanto      Hadir / Present          -
                          / Proposed Dividend for Subsidiaries in 2022;
                        • KAI Revamps (D1); / KAI Revamp;                 Sandry N           Hadir / Present          -
                                                                          Pasambuna

                                                                          Suparno            Hadir / Present          -

                                                                          John Robertho      Hadir / Present          -

                                                                          Salusra Wijaya     Hadir / Present          -




                                                                      Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                   305
                                                                          Annual and Sustainability Report
Page 306
                                     Tata Kelola Perusahaan
                                     Good Corporate Governance




                                                                                                                  Alasan
                                                                          Peserta Rapat
        Tanggal                      Agenda Rapat                                            Kehadiran        Ketidakhadiran
 No                                                                          Meeting
         Date                       Meeting Agenda                                           Attendance         Reason for
                                                                           Participants
                                                                                                                 Absence

 21   27 Juni          • Arahan Direktur Utama;                          Didiek Hartantyo   Hadir / Present         -
      2023 / June      • Update Termsheet Loan CDB; / Update
      27 th, 2023        Termsheet Loan CDB;                             Hadis Surya        Hadir / Present         -
                       • Update Pemberlakuan Take or Pay . /             Palapa
                         Update Pemberlakuan Take or Pay.
                                                                         Awan Hermawan      Hadir / Present         -
                                                                         Purwadinata

                                                                         Heru Kuswanto      Hadir / Present         -

                                                                         Sandry N           Hadir / Present         -
                                                                         Pasambuna

                                                                         Suparno            Hadir / Present         -

                                                                         John Robertho      Hadir / Present         -

                                                                         Salusra Wijaya     Hadir / Present         -

 22   4 Juli 2023 /    • Arahan Direktur Utama;                          Didiek Hartantyo   Hadir / Present         -
      July 4 th,       • Penyampaian Agenda dan Tindaklanjut
      2023               Keputusan BOD sebelumnya; / Submission          Hadis Surya        Hadir / Present         -
                         of Agenda and Follow-up to previous BOD         Palapa
                         Decisions;
                       • Laporan       Hasil      Kunjungan     Kerja    Awan Hermawan      Hadir / Present         -
                         Rantauprapat Baru – Pondok S5; / Report         Purwadinata
                         on the Results of the New Rantauprapat
                                                                         Heru Kuswanto      Hadir / Present         -
                         Work Visit – Pondok S5;
                       • Laporan Hasil Asesmen Penerapan Good            Sandry N           Hadir / Present         -
                         Corporate Governance (GCG) dari BPKP            Pasambuna
                         pada PT Kereta Api Indonesia (Persero)
                         Tahun 2022; / Report on the Results of the      Suparno            Hadir / Present         -
                         Assessment of the Implementation of Good
                         Corporate Governance (GCG) from BPKP            John Robertho      Hadir / Present         -
                         at PT Kereta Api Indonesia (Persero) in 2022;
                       • Penyampaian Draft Laporan Final Kajian          Salusra Wijaya     Hadir / Present         -
                         Pembentukan Anak Usaha PT Kereta Api
                         Indonesia            (Persero)        dalam
                         Penyelenggaraan LRT Jabodebek; /
                         Presentation of the Draft Final Report Study
                         on the Establishment of a Subsidiary of
                         PT Kereta Api Indonesia (Persero) in the
                         Maintenance of Jabodebek LRT;
                       • Pengalihan Pengoperasian Kereta Api
                         Srilelawangsa       dan     Penyelenggaraan
                         Kewajiban Pelayanan Publik (PSO) ke
                         Railink; / Transfer of Srilelawangsa Railway
                         Operations and Implementation of Public
                         Service Obligations (PSO) to Railink;

 23   11 Juli 2023 /   • Arahan Direktur Utama;                          Didiek Hartantyo   Hadir / Present         -
      July 11 th,      • Penyampaian Agenda dan Tindaklanjut
      2023               Keputusan BOD sebelumnya; / Submission          Hadis Surya        Hadir / Present         -
                         of Agenda and Follow-up to previous BOD         Palapa
                         Decisions;
                       • Laporan Keuangan Juni 2023; / June 2023         Awan Hermawan      Hadir / Present         -
                         Financial Report;                               Purwadinata
                       • Usulan Nama Pengurus Yayasan Pusaka;
                                                                         Heru Kuswanto      Hadir / Present         -
                         / Proposed Names of Pusaka Foundation
                         Management;                                     Sandry N           Hadir / Present         -
                       • Remunerasi Anak Perusahaan; / Subsidiary        Pasambuna
                         Remuneration;
                                                                         Suparno            Hadir / Present         -

                                                                         John Robertho      Hadir / Present         -

                                                                         Salusra Wijaya     Hadir / Present         -




                       Laporan Tahunan dan Keberlanjutan
306                                                                                            PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 307
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                                   Alasan
                                                                          Peserta Rapat
          Tanggal                     Agenda Rapat                                           Kehadiran         Ketidakhadiran
  No                                                                         Meeting
           Date                      Meeting Agenda                                          Attendance          Reason for
                                                                           Participants
                                                                                                                  Absence

  24    18 Juli 2023    • Arahan Direktur Utama;                         Didiek Hartantyo   Hadir / Present           -
        / July 18 th,   • Penyampaian Agenda dan Tindaklanjut
        2023              Keputusan BOD sebelumnya; / Submission         Hadis Surya        Hadir / Present           -
                          of Agenda and Follow-up to previous BOD        Palapa
                          Decisions;
                        • Tindak lanjut rekomendasi LHP BPK atas         Awan Hermawan      Hadir / Present           -
                          LKPP tahun 2022; / Follow-up to the BPK's      Purwadinata
                          LHP recommendations for the 2022 LKPP;
                                                                         Heru Kuswanto      Hadir / Present           -
                        • Update Pensertifikatan Gang Buntu; /
                          Gang Buntu Certification Update;               Sandry N           Hadir / Present           -
                        • Aset Tanah KAI Belum Dikomersialkan (Clear     Pasambuna
                          and Clean); / KAI Land Assets Not Yet
                          Commercialized (Clear and Clean);              Suparno            Hadir / Present           -
                        • Update hasil investigasi sementara
                          kejadian kecelakaan kerja pekerja PLR di       John Robertho      Hadir / Present           -
                          Divre III Pg; / Update on the results of the
                          temporary investigation of the PLR worker      Salusra Wijaya     Hadir / Present           -
                          accident at Divre III Pg;
                        • Persiapan Raker Semester 1 tahun 2023. /
                          Preparation for the 1st Semester Working
                          Meeting in 2023

  25    25 Juli 2023    • Arahan Direktur Utama;                         Didiek Hartantyo   Hadir / Present           -
        / July 25 th,   • Penyampaian Agenda dan Tindaklanjut
        2023              Keputusan BOD sebelumnya; / Submission         Hadis Surya        Hadir / Present           -
                          of Agenda and Follow-up to previous BOD        Palapa
                          Decisions;
                        • Pilot Project Emergency Lamp di JPL; / Pilot   Awan Hermawan      Hadir / Present           -
                          Project Emergency Lamp di JPL;                 Purwadinata
                        • Rencana Pengembangan Sekolah YWKA;
                                                                         Heru Kuswanto      Hadir / Present           -
                          / YWKA School Development Plan;
                        • Rencana      Permohonan    PMN     untuk       Sandry N           Hadir / Present           -
                          Pengadaaan Sarana KRL KCI. / PMN               Pasambuna
                          Application Plan for Procurement of KCI
                          KRL Rolling Stock.                             Suparno            Hadir / Present           -

                                                                         John Robertho      Hadir / Present           -

                                                                         Salusra Wijaya     Hadir / Present           -

  26    2 Agustus       • Arahan Direktur Utama;                         Didiek Hartantyo   Hadir / Present           -
        2023 /          • Tindaklanjut BOD Meeting Sebelumnya; /
        August 2 nd,      Follow-up to Previous BOD Meeting;             Hadis Surya        Hadir / Present           -
        2023            • Grand Launching Access by KAI; / Grand         Palapa
                          Launching Access by KAI;
                        • Pembahasan Tambahan Program Pelatihan          Awan Hermawan      Hadir / Present           -
                          BOD PT KAI Tahun 2023. / Additional            Purwadinata
                          Discussion of the 2023 PT KAI BOD Training
                                                                         Heru Kuswanto      Hadir / Present           -
                          Program.
                                                                         Sandry N           Hadir / Present           -
                                                                         Pasambuna

                                                                         Suparno            Hadir / Present           -

                                                                         John Robertho      Hadir / Present           -

                                                                         Salusra Wijaya     Hadir / Present           -




                                                                     Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                   307
                                                                         Annual and Sustainability Report
Page 308
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




                                                                                                             Alasan
                                                                     Peserta Rapat
        Tanggal                    Agenda Rapat                                         Kehadiran        Ketidakhadiran
 No                                                                     Meeting
         Date                     Meeting Agenda                                        Attendance         Reason for
                                                                      Participants
                                                                                                            Absence

 27   8 Agustus       • Arahan Direktur Utama;                      Didiek Hartantyo   Hadir / Present         -
      2023 /          • Penetapan Tantiem BOD BOC Anak
      August 8 th,      Perusahaan atas Kinerja Tahun 2022; /       Hadis Surya        Hadir / Present         -
      2023              Determination of Subsidiary BoD BoD         Palapa
                        Tantiem for Performance in 2022;
                                                                    Awan Hermawan      Hadir / Present         -
                                                                    Purwadinata

                                                                    Heru Kuswanto      Hadir / Present         -

                                                                    Sandry N           Hadir / Present         -
                                                                    Pasambuna

                                                                    Suparno            Hadir / Present         -

                                                                    John Robertho      Hadir / Present         -

                                                                    Salusra Wijaya     Hadir / Present         -

 28   15 Agustus      • Arahan Direktur Utama                       Didiek Hartantyo   Hadir / Present         -
      2023 /          • Pencegahan dan Penanganan Paham
      August 15 th,     Radikalisme dan Terorisme di Lingkungan     Hadis Surya        Hadir / Present         -
      2023              PT Kereta Api Indonesia (Persero) /         Palapa
                        Prevention and Handling of Radicalism
                        and Terrorism within PT Kereta Api          Awan Hermawan      Hadir / Present         -
                        Indonesia (Persero)                         Purwadinata

                                                                    Heru Kuswanto      Hadir / Present         -

                                                                    Sandry N           Hadir / Present         -
                                                                    Pasambuna

                                                                    Suparno            Hadir / Present         -

                                                                    John Robertho      Hadir / Present         -

                                                                    Salusra Wijaya     Hadir / Present         -

 29   23 Agustus      • Arahan Direktur Utama;                      Didiek Hartantyo   Hadir / Present         -
      2023 /          • Kinerja Keuangan Juli 2023; / Financial
      August 23 rd,     Performance July 2023;                      Hadis Surya        Hadir / Present         -
      2023            • Update Corporate University; / Corporate    Palapa
                        University Update;
                      • Update Progres CDB Loan; / Update Progres   Awan Hermawan      Hadir / Present         -
                        CDB Loan;                                   Purwadinata
                      • Hibah Jembatan BH925 Lintas Muaraenim
                                                                    Heru Kuswanto      Hadir / Present         -
                        Lahat; / BH925 Cross Muara Enim Lahat
                        Bridge Grant;                               Sandry N           Hadir / Present         -
                      • Safety Management Training JR East. /       Pasambuna
                        Safety Management Training JR East.
                                                                    Suparno            Hadir / Present         -

                                                                    John Robertho      Hadir / Present         -

                                                                    Salusra Wijaya     Hadir / Present         -




                      Laporan Tahunan dan Keberlanjutan
308                                                                                       PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 309
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                                  Alasan
                                                                         Peserta Rapat
          Tanggal                     Agenda Rapat                                          Kehadiran         Ketidakhadiran
  No                                                                        Meeting
           Date                      Meeting Agenda                                         Attendance          Reason for
                                                                          Participants
                                                                                                                 Absence

  30    29 Agustus      • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present            -
        2023 /          • Tindaklanjut BOD Meeting Sebelumnya; /
        August 29 th,     BOD follow-up Meeting Formerly (US);          Hadis Surya        Hadir / Present            -
        2023            • Dampak Implementasi Pajak : Natura & CDB      Palapa
                          Loan; / Impact of Tax Implementation:
                          Natura & CDB Loan;                            Awan Hermawan      Hadir / Present            -
                        • Evaluasi KA Pandalungan, Argo Semeru,         Purwadinata
                          Argo Merbabu, Manahan dan Banyu Biru.
                                                                        Heru Kuswanto       Tidak Hadir /     Cuti / Paid leave
                          / Evaluation of the Pandalungan, Argo
                                                                                            Not Present
                          Semeru, Argo Merbabu, Manahan and
                          Banyu Biru trains.                            Sandry N           Hadir / Present            -
                                                                        Pasambuna

                                                                        Suparno            Hadir / Present            -

                                                                        John Robertho      Hadir / Present            -

                                                                        Salusra Wijaya     Hadir / Present            -

  31    5               • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present            -
        September       • Tindaklanjut BOD Meeting Sebelumnya; /
        2023 /            BOD follow-up Meeting Formerly;               Hadis Surya        Hadir / Present            -
        September       • Tindak Lanjut Pelaksanaan Penugasan IMO;      Palapa
        5 th, 2023        / Follow-up to the Implementation of IMO
                          Assignments;                                  Awan Hermawan      Hadir / Present            -
                        • Desain dan Color Scheme Exterior Kereta       Purwadinata
                          Kompartemen; / Design and Color Scheme
                                                                        Heru Kuswanto      Hadir / Present            -
                          Exterior Compartment Train;
                        • Update HUT KAI ke 78 tahun; / Update HUT      Sandry N           Hadir / Present            -
                          KAI's 78th year;                              Pasambuna

                                                                        Suparno            Hadir / Present            -

                                                                        John Robertho      Hadir / Present            -

                                                                        Salusra Wijaya     Hadir / Present            -

  32    8               • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present            -
        September       • Tindaklanjut BOD Meeting Sebelumnya; /
        2023 /            Follow-up to Previous BOD Meeting (US);       Hadis Surya        Hadir / Present            -
        September       • Update Progres Griya Karya dan PLTS /         Palapa
        8 th, 2023        Update Progress of Griya Karya and PLTS
                        • Update Progres Masjid, Cafetaria dan          Awan Hermawan      Hadir / Present            -
                          Kantor JRC / Update Progress of the Mosque,   Purwadinata
                          Cafeteria and JRC Office
                                                                        Heru Kuswanto      Hadir / Present            -
                        • Update HUT KAI ke 78 tahun / Update HUT
                          KAI's 78th birthday                           Sandry N           Hadir / Present            -
                                                                        Pasambuna

                                                                        Suparno            Hadir / Present            -

                                                                        John Robertho      Hadir / Present            -

                                                                        Salusra Wijaya     Hadir / Present            -




                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  309
                                                                        Annual and Sustainability Report
Page 310
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




                                                                                                                Alasan
                                                                        Peserta Rapat
        Tanggal                      Agenda Rapat                                          Kehadiran        Ketidakhadiran
 No                                                                        Meeting
         Date                       Meeting Agenda                                         Attendance         Reason for
                                                                         Participants
                                                                                                               Absence

 33   27               • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
      September        • Pembahasan Pakaian Dinas; / Discussion
      2023 /             of Official Clothing;                         Hadis Surya        Hadir / Present           -
      September        • Kinerja Keuangan Agustus 2023; / Financial    Palapa
      27 th, 2023        Performance August 2023;
                       • Usulan RKAD 2024; / Proposed RKAD 2024;       Awan Hermawan       Tidak Hadir /    Cuti / Paid leave
                                                                       Purwadinata         Not Present

                                                                       Heru Kuswanto      Hadir / Present           -

                                                                       Sandry N           Hadir / Present           -
                                                                       Pasambuna

                                                                       Suparno            Hadir / Present           -

                                                                       John Robertho      Hadir / Present           -

                                                                       Salusra Wijaya     Hadir / Present           -

 34   3 Oktober        • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
      2023 /           • Tindaklanjut BOD Meeting; / BOD follow-up
      October 3 rd,      Meeting;                                      Hadis Surya        Hadir / Present           -
      2023             • Update Progres Facility Agreement dengan      Palapa
                         CDB dan Tata Kelola Dampak Legal dan
                         Keuangan Proyek KCJB terhadap KAI; /          Awan Hermawan      Hadir / Present           -
                         Update Progres Facility Agreement with        Purwadinata
                         CDB and Manage the Legal and Financial
                                                                       Heru Kuswanto      Hadir / Present           -
                         Impact of the KCJB Project on KAI;
                       • Penyampaian Hasil IDO Transformasi Digital;   Sandry N           Hadir / Present           -
                         / Submission of Digital Transformation IDO    Pasambuna
                         Results;
                       • Update Progress dan Issue Gedung Record       Suparno            Hadir / Present           -
                         Center dan Rumah Dinas Brawijaya; /
                         Update Progress and Issue Record Center       John Robertho      Hadir / Present           -
                         Building and Official Residence Brawijaya;
                                                                       Salusra Wijaya     Hadir / Present           -

 35   11 Oktober       • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
      2023 /           • Tindaklanjut BOD Meeting Sebelumnya; /
      October 11 th,     BOD follow-up Meeting Formerly;               Hadis Surya        Hadir / Present           -
      2023             • Update Perkembangan Yayasan Pusaka            Palapa
                         (Bp. Joko Margono); / Update on the
                         Development of the Heritage Foundation        Awan Hermawan      Hadir / Present           -
                         (Mr. Joko Margono);                           Purwadinata
                       • Laporan Kinerja s.d September 2023 dan
                                                                       Heru Kuswanto      Hadir / Present           -
                         Update Usulan RKAP 2023; / Performance
                         Report until September 2023 and Update        Sandry N           Hadir / Present           -
                         on Proposed RKAP 2023;                        Pasambuna

                                                                       Suparno            Hadir / Present           -

                                                                       John Robertho      Hadir / Present           -

                                                                       Salusra Wijaya     Hadir / Present           -




                       Laporan Tahunan dan Keberlanjutan
310                                                                                          PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 311
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                                   Alasan
                                                                          Peserta Rapat
          Tanggal                      Agenda Rapat                                          Kehadiran         Ketidakhadiran
  No                                                                         Meeting
           Date                       Meeting Agenda                                         Attendance          Reason for
                                                                           Participants
                                                                                                                  Absence

  36    27               • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
        November         • Tindaklanjut BOD Meeting sebelumnya; /
        2023 /             Follow-up to previous BOD Meeting;            Hadis Surya        Hadir / Present           -
        November         • Penajaman Usulan RKAP terkait Angkutan        Palapa
        27 th, 2023        Penumpang dan Barang; / Sharpening of
                           RKAP proposals related to Passenger and       Awan Hermawan      Hadir / Present           -
                           Freight Transportation;                       Purwadinata
                         • Evaluasi Penerapan Keselamatan dan
                                                                         Heru Kuswanto      Hadir / Present           -
                           Tindaklanjut Kejadian
                         • Anjlokan Bulan Oktober 2023; / Evaluation     Sandry N           Hadir / Present           -
                           of Safety Implementation and Incident         Pasambuna
                           Follow-up Drop in October 2023;
                         • Evaluasi Kinerja Pengoperasian LRT            Suparno            Hadir / Present           -
                           Jabodebek; / Evaluation of Jabodebek LRT
                           Operation Performance;                        John Robertho      Hadir / Present           -
                         • Persiapan Nataru 2023/2024; / Preparation
                           for Nataru 2023/2024;                         Salusra Wijaya     Hadir / Present           -
                         • Update Implementasi Robotic Process
                           Automation (RPA). / Implementation
                           Update Robotic Process Automation (RPA).

  37    31 Oktober       • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
        2023 /           • Update Usulan RKAP 2024; / Update on
        October 31 st,     Proposed RKAP 2024;                           Hadis Surya        Hadir / Present           -
        2023             • Benchmark Safety JR East , dan Investigasi    Palapa
                           KKA Wates- Sentolo; / JR East Safety
                           Benchmark, and KKA Wates-Sentolo              Awan Hermawan      Hadir / Present           -
                           Investigation;                                Purwadinata
                         • Update Progress Investasi 2023 dan Usulan
                                                                         Heru Kuswanto      Hadir / Present           -
                           Investasi 2024; / 2023 Investment Progress
                           Update and 2024 Investment Proposals;         Sandry N           Hadir / Present           -
                         • Update Progres Pekerjaan Jasa Konstruksi      Pasambuna
                           Pendampingan, Assesment, dan Penilaian
                           ESG Sektor Transportasi Kereta Api / Update   Suparno            Hadir / Present           -
                           on Construction Services Work Progress,
                           Assessment, and Railway Transportation        John Robertho      Hadir / Present           -
                           Sector ESG Assessment
                                                                         Salusra Wijaya     Hadir / Present           -

  38    14               • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
        November         • Tindaklanjut BOD Meeting; / BOD Meeting
        2023 /             Follow-up;                                    Hadis Surya        Hadir / Present           -
        November         • Pengadaan Konsultan RJPP / Procurement        Palapa
        14 th, 2023        of RJPP Consultants
                         • Update     Penyelesaian   Permasalahan        Awan Hermawan      Hadir / Present           -
                           Pengoperasian LRT Jabodebek / Update          Purwadinata
                           Solving Jabodebek LRT Operation Problems
                                                                         Heru Kuswanto      Hadir / Present           -
                         • Update RPA / Update RPA
                         • Pembahasan Insentif Pegawai / Discussion      Sandry N           Hadir / Present           -
                           of Employee Incentives                        Pasambuna
                         • Update IMO dan TAC KAI Group / Update
                           IMO member of TAC KAI Group                   Suparno            Hadir / Present           -
                         • Update Loan Agreement dengan CDB /
                           Update Loan Agreement with CDB                John Robertho      Hadir / Present           -
                         • Progress Investasi Sarana INKA / INKA
                           Rolling Stock Investment Progress             Salusra Wijaya     Hadir / Present           -




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Page 312
                                Tata Kelola Perusahaan
                                Good Corporate Governance




                                                                                                          Alasan
                                                                  Peserta Rapat
        Tanggal                  Agenda Rapat                                        Kehadiran        Ketidakhadiran
 No                                                                  Meeting
         Date                   Meeting Agenda                                       Attendance         Reason for
                                                                   Participants
                                                                                                         Absence

 39   4             • Arahan Direktur Utama;                     Didiek Hartantyo   Hadir / Present         -
      Desember      • Pembahasan SO D4 dan D7; / Discussion
      2023 /          of SO D4 and D7;                           Hadis Surya        Hadir / Present         -
      December      • Update Usulan RKAP 2024. / Update          Palapa
      4 th, 2023      Proposed RKAP 2024.
                                                                 Awan Hermawan      Hadir / Present         -
                                                                 Purwadinata

                                                                 Heru Kuswanto      Hadir / Present         -

                                                                 John Robertho      Hadir / Present         -

                                                                 Sandry N           Hadir / Present         -
                                                                 Pasambuna

                                                                 Suparno            Hadir / Present         -

                                                                 Rudi As            Hadir / Present         -
                                                                 Aturridha

                                                                 Salusra Wijaya     Hadir / Present         -

 40   9 Desember    • Arahan Direktur Utama;                     Didiek Hartantyo   Hadir / Present         -
      2023 /        • Pembahasan Perdir Insentif Pegawai; /
      December        Discussion of Officer Incentive Perdir;    Hadis Surya        Hadir / Present         -
      9 th, 2023    • Tata Kelola Penyelesaian PSO, IMO, TA; /   Palapa
                      PSO, IMO, TAC Settlement Governance;
                                                                 Awan Hermawan      Hadir / Present         -
                                                                 Purwadinata

                                                                 Heru Kuswanto      Hadir / Present         -

                                                                 John Robertho      Hadir / Present         -

                                                                 Sandry N           Hadir / Present         -
                                                                 Pasambuna

                                                                 Suparno            Hadir / Present         -

                                                                 Rudi As            Hadir / Present         -
                                                                 Aturridha

                                                                 Salusra Wijaya     Hadir / Present         -

 41   19            • Arahan Direktur Utama;                     Didiek Hartantyo   Hadir / Present         -
      Desember      • Pembahasan Perdir Insentif Pegawai /
      2023 /          Discussion of Perdir Officer Incentives    Hadis Surya        Hadir / Present         -
      December                                                   Palapa
      19 th, 2023
                                                                 Awan Hermawan      Hadir / Present         -
                                                                 Purwadinata

                                                                 Heru Kuswanto      Hadir / Present         -

                                                                 John Robertho      Hadir / Present         -

                                                                 Sandry N           Hadir / Present         -
                                                                 Pasambuna

                                                                 Suparno            Hadir / Present         -

                                                                 Rudi As            Hadir / Present         -
                                                                 Aturridha

                                                                 Salusra Wijaya     Hadir / Present         -




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Page 313
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                                 Alasan
                                                                        Peserta Rapat
          Tanggal                    Agenda Rapat                                          Kehadiran         Ketidakhadiran
  No                                                                       Meeting
           Date                     Meeting Agenda                                         Attendance          Reason for
                                                                         Participants
                                                                                                                Absence

  42    20             • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
        Desember       • Pengadaan Konsultan RJPP / Procurement
        2023 /           of RJPP Consultants                           Hadis Surya        Hadir / Present           -
        December       • Update     Penyelesaian    Permasalahan       Palapa
        20 th, 2023      Pengoperasian LRT Jabodebek / Update
                         Solving Jabodebek LRT Operation Problems      Awan Hermawan      Hadir / Present           -
                       • Update RPA / Update RPA                       Purwadinata
                       • Pembahasan Insentif Pegawai / Discussion
                                                                       Heru Kuswanto      Hadir / Present           -
                         of Employee Incentives
                       • Update IMO dan TAC KAI Group / Update         John Robertho      Hadir / Present           -
                         IMO member of TAC KAI Group
                       • Update Loan Agreement dengan CDB /            Sandry N           Hadir / Present           -
                         Update Loan Agreement with CDB                Pasambuna
                       • Progress Investasi Sarana INKA / Progress
                         INKA Rolling Stock Investment                 Suparno            Hadir / Present           -

                                                                       Rudi As            Hadir / Present           -
                                                                       Aturridha

                                                                       Salusra Wijaya     Hadir / Present           -

  43    28             • Arahan Direktur Utama;                        Didiek Hartantyo   Hadir / Present           -
        Desember       • Finalisasi Usulan RKAP 2024; / Finalization
        2023 /           of Proposed RKAP 2024;                        Hadis Surya        Hadir / Present           -
        December       • Tata Kelola Pemberian SHL kepada MITJ.        Palapa
        28 th, 2023      / Governance of Providing SHL to MITJ (D7
                         and D8).                                      Awan Hermawan      Hadir / Present           -
                       • Update Perubahan Perpres 53/2012 dan          Purwadinata
                         Tindak Lanjut Usulan Review Backlog IMO
                                                                       Heru Kuswanto      Hadir / Present           -
                         2015-2022 / Update Amendments to
                         Presidential Decree 53/2012 and Follow-up     John Robertho      Hadir / Present           -
                         on Proposals Review Backlog IMO 2015-2022
                                                                       Sandry N           Hadir / Present           -
                                                                       Pasambuna

                                                                       Suparno            Hadir / Present           -

                                                                       Rudi As            Hadir / Present           -
                                                                       Aturridha

                                                                       Salusra Wijaya     Hadir / Present           -




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                                                                       Annual and Sustainability Report
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                                   Good Corporate Governance




Agenda, Tanggal, dan Kehadiran Rapat Gabungan                   Agenda, Date and Attendance of the 2023 Joint Meeting
Direksi Bersama Dewan Komisaris Tahun 2023                      of Directors and Board of Commissioners
Selama tahun 2023, Direksi mengikuti 14 kali rapat              During 2023, the Board of Directors participated in 14
gabungan bersama Dewan Komisaris.                               joint meetings with the Board of Commissioners.

Pengungkapan agenda, tanggal pelaksanaan, serta                 Disclosure of the agenda, date of implementation, and
peserta rapat gabungan Direksi bersama Dewan                    participants in the joint meeting of the Board of Directors
Komisaris adalah sebagai berikut.                               and the Board of Commissioners are as follows.


          Tanggal
                                 Agenda Rapat                   Peserta Rapat             Kehadiran         Keterangan
 No      Undangan
                                Meeting Agenda                Meeting Participants        Attendance        Description
        Meeting Date

  1    17 Januari 2023 /   Update RKAP 2023 / 2023       Didiek Hartantyo                Hadir / Present           -
       January 17 th,      RKAP update
       2023                                              Hadis Surya Palapa              Hadir / Present           -

                                                         Awan Hermawan Purwadinata       Hadir / Present           -

                                                         Heru Kuswanto                   Hadir / Present           -

                                                         Eko Purwanto                    Hadir / Present           -

                                                         Suparno                         Hadir / Present           -

                                                         Sandry N Pasambuna              Hadir / Present           -

                                                         John Robertho                   Hadir / Present           -

                                                         Salusra Wijaya                  Hadir / Present           -

  2    25 Januari 2023 /   Progres Tranformasi Digital   Didiek Hartantyo                Hadir / Present           -
       January 25 th,      Perusahaan / Progres
       2023                Corporate Digital             Hadis Surya Palapa              Hadir / Present           -
                           Transformation
                                                         Awan Hermawan Purwadinata       Hadir / Present           -

                                                         Heru Kuswanto                   Hadir / Present           -

                                                         Eko Purwanto                    Hadir / Present           -

                                                         Suparno                         Hadir / Present           -

                                                         Sandry N Pasambuna              Hadir / Present           -

                                                         John Robertho                   Hadir / Present           -

                                                         Salusra Wijaya                  Hadir / Present           -

  3    8 Februari 2023 /   Paparan Final Hasil           Bpk. Endang Tirtana             Hadir / Present           -
       February 8 th,      Penelitian Manggarai /
       2023                Final Presentation of         Bpk. Johan Sirait               Hadir / Present           -
                           Manggarai Research
                           Results                       Bpk. Sri Paduka                 Hadir / Present           -
                                                         Mangkoenagoro X

                                                         Bpk. Mohamad Risal Wasal        Hadir / Present           -

                                                         Didiek Hartantyo                Hadir / Present           -

                                                         Hadis Surya Palapa              Hadir / Present           -

                                                         Awan Hermawan Purwadinata       Hadir / Present           -

                                                         Heru Kuswanto                   Hadir / Present           -

                                                         Eko Purwanto                    Hadir / Present           -

                                                         Suparno                         Hadir / Present           -

                                                         Sandry Pasambuna                Hadir / Present           -

                                                         John Robertho                   Hadir / Present           -

                                                         Salusra Wijaya                   Tidak Hadir /     Sedang dinas
                                                                                          Not Present        luar negeri /
                                                                                                           Currently serving
                                                                                                                abroad




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Page 315
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                          Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




            Tanggal
                                     Agenda Rapat                        Peserta Rapat                Kehadiran          Keterangan
  No       Undangan
                                    Meeting Agenda                     Meeting Participants           Attendance         Description
          Meeting Date

   4    15 Maret 2023 /       Pembahasan Surat Usulan             Awan Hermawan Purwadinata          Hadir / Present          -
        March 15 th, 2023     Perubahan Struktur
                              Direktorat Operasi /                Suparno                            Hadir / Present          -
                              Discussion of Letter of
                              Proposal for Changes in the         Sandry Pasambuna                   Hadir / Present          -
                              Structure of the Operations
                              Directorate

   5    3 Mei 2023 / May      Pembahasan Kinerja Triwulan         Didiek Hartantyo                   Hadir / Present          -
        3 rd, 2023            I Tahun 2023 / Discussion of
                              Performance for the First           Hadis Surya Palapa                 Hadir / Present          -
                              Quarter of 2023
                                                                  Awan Hermawan Purwadinata          Hadir / Present          -

                                                                  Heru Kuswanto                      Hadir / Present          -

                                                                  Suparno                            Hadir / Present          -

                                                                  Sandry Pasambuna                   Hadir / Present          -

                                                                  John Robertho                      Hadir / Present

                                                                  Salusra Wijaya                     Hadir / Present

   6    10 Mei 2023 / May     Laporan Progres Persiapan           Didiek Hartantyo                   Hadir / Present          -
        10 th, 2023           COD LRT dan KCJB / LRT
                              and KCJB COD Preparation            Hadis Surya Palapa                 Hadir / Present          -
                              Progress Report
                                                                  Awan Hermawan Purwadinata          Hadir / Present          -

                                                                  Heru Kuswanto                      Hadir / Present          -

                                                                  Suparno                            Hadir / Present          -

                                                                  Sandry Pasambuna                   Hadir / Present          -

                                                                  John Robertho                      Hadir / Present          -

                                                                  Salusra Wijaya                     Hadir / Present          -

   7    7 Juni 2023 /         Pembahasan Kinerja                  Didiek Hartantyo                   Hadir / Present          -
        June 7 th, 2023       Audited Tahun Buku 2022 /
                              Discussion of Audited               Hadis Surya Palapa                 Hadir / Present          -
                              Performance for Fiscal Year
                              2022                                Awan Hermawan Purwadinata          Hadir / Present          -


                                                                  Heru Kuswanto                      Hadir / Present          -

                                                                  Suparno                            Hadir / Present          -

                                                                  Sandry Pasambuna                   Hadir / Present          -

                                                                  John Robertho                      Hadir / Present          -

                                                                  Salusra Wijaya                     Hadir / Present          -

   8    20 Juli 2023 / July   Pembahasan Kinerja                  Didiek Hartantyo                   Hadir / Present          -
        20 th, 2023           Semester I 2023 dan Progres
                              Persiapan Operasi LRT dan           Hadis Surya Palapa                 Hadir / Present          -
                              KCJB / Discussion of Semester I
                              2023 Performance and Progress       Awan Hermawan                      Hadir / Present          -
                              in Preparation for LRT and KCJB
                                                                  Purwadinata
                              Operations

                                                                  Heru Kuswanto                      Hadir / Present          -

                                                                  Suparno                            Hadir / Present          -

                                                                  Sandry Pasambuna                   Hadir / Present          -

                                                                  John Robertho                      Hadir / Present          -

                                                                  Salusra Wijaya                     Hadir / Present          -




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PT Kereta Api Indonesia (Persero)                                                                                                         315
                                                                             Annual and Sustainability Report
Page 316
                                     Tata Kelola Perusahaan
                                     Good Corporate Governance




          Tanggal
                                   Agenda Rapat                  Peserta Rapat          Kehadiran         Keterangan
 No      Undangan
                                  Meeting Agenda               Meeting Participants     Attendance        Description
        Meeting Date

  9    7 Agustus 2023 /      Pembahasan Tambahan           Didiek Hartantyo            Hadir / Present          -
       August 7 th, 2023     Penyertaan Modal Negara
                             (PMN) kepada PT KAI           Hadis Surya Palapa          Hadir / Present          -
                             (Persero) Tahun Anggaran
                             2024 untuk Peningkatan        Awan Hermawan Purwadinata   Hadir / Present          -
                             Pelayanan Penumpang
                                                           Heru Kuswanto               Hadir / Present          -
                             KRL Jabodetabek /
                             Discussion of Additional      Suparno                     Hadir / Present          -
                             State Capital Participation
                             (PMN) to PT KAI (Persero)     Sandry Pasambuna            Hadir / Present          -
                             for Fiscal Year 2024 to
                             Improve Jabodetabek KRL       John Robertho               Hadir / Present          -
                             Passenger Services
                                                           Salusra Wijaya              Hadir / Present          -

 10    20 September          Kaitan Pengelolaan PDP        Didiek Hartantyo             Tidak Hadir /    Sedang dinas
       2023 /                (Perlindungan Data                                         Not Present       luar negeri /
       September 20 th,      Pribadi) UU Nomor 27                                                           Currently
       2023                  Tahun 2022 Terhadap                                                             serving
                             Layanan KAI / The Relation                                                     abroad-
                             of PDP Management
                             (Personal Data Protection)    Hadis Surya Palapa          Hadir / Present          -
                             Law Number 27 of 2022 to
                             KAI Services                  Awan Hermawan Purwadinata    Tidak Hadir /       Izin sakit
                                                                                        Not Present          karena
                                                                                                          kecelakaan /
                                                                                                         Sick leave due
                                                                                                          to accident

                                                           Heru Kuswanto                Tidak Hadir /      Mengikuti
                                                                                        Not Present       agenda lain /
                                                                                                           Attending
                                                                                                            Another
                                                                                                            Agenda

                                                           Suparno                     Hadir / Present          -

                                                           Sandry Pasambuna            Hadir / Present          -

                                                           John Robertho               Hadir / Present          -

                                                           Salusra Wijaya               Tidak Hadir /     Sedang dinas
                                                                                        Not Present        luar negeri /
                                                                                                             Currently
                                                                                                         serving abroad

  11   4 Oktober 2023 /      Pembahasan Penerimaan         Didiek Hartantyo            Hadir / Present          -
       October 4 th, 2023    Pinjaman dalam
                             Pemenuhan Kenaikan            Hadis Surya Palapa          Hadir / Present          -
                             Biaya (Cost Overrun)
                             Proyek Kereta Cepat           Awan Hermawan Purwadinata   Hadir / Present          -
                             Jakarta-Bandung /
                                                           Heru Kuswanto               Hadir / Present          -
                             Discussion of Loan
                             Receipts in Meeting the       Suparno                     Hadir / Present          -
                             Cost Overrun of the
                             Jakarta-Bandung Fast          Sandry Pasambuna            Hadir / Present          -
                             Train Project
                                                           John Robertho               Hadir / Present          -

                                                           Salusra Wijaya              Hadir / Present          -

 12    25 Oktober 2023 /     1. Rancangan Awal RKAP        Didiek Hartantyo             Tidak Hadir /     Sedang dinas
       October 25 th,           2024 / Preliminary Draft                                Not Present        luar negeri /
       2023                     RKAP 2024                                                                    Currently
                             2. Pembahasan Visi dan                                                      serving abroad
                                Konsep KAI University /
                                Discussion of the Vision   Hadis Surya Palapa          Hadir / Present          -
                                and Concept of KAI
                                University                 Awan Hermawan Purwadinata   Hadir / Present          -

                                                           Heru Kuswanto               Hadir / Present          -




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316                                                                                    PT Kereta Api Indonesia (Persero)
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Page 317
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




            Tanggal
                                 Agenda Rapat                Peserta Rapat                Kehadiran          Keterangan
  No       Undangan
                                Meeting Agenda             Meeting Participants           Attendance         Description
          Meeting Date

                                                       Suparno                            Tidak Hadir /     Sedang dinas
                                                                                          Not Present        luar negeri /
                                                                                                               Currently
                                                                                                           serving abroad

                                                       Sandry Pasambuna                   Tidak Hadir /     Sedang dinas
                                                                                          Not Present        luar negeri /
                                                                                                               Currently
                                                                                                           serving abroad

                                                       John Robertho                     Hadir / Present          -

                                                       Salusra Wijaya                    Hadir / Present          -

  13    1 November 2023    Pembahasan Kinerja TW III   Didiek Hartantyo                  Hadir / Present          -
        / November 1 st,   2023 / Discussion of Q3
        2023               2023 Performance            Hadis Surya Palapa                Hadir / Present          -

                                                       Awan Hermawan Purwadinata         Hadir / Present          -

                                                       Heru Kuswanto                     Hadir / Present          -

                                                       Suparno                           Hadir / Present          -

                                                       Sandry Pasambuna                  Hadir / Present          -

                                                       John Robertho                     Hadir / Present          -

                                                       Salusra Wijaya                    Hadir / Present          -

  14    13 Desember        Rencana Permohonan          Didiek Hartantyo                  Hadir / Present          -
        2023 / December    Persetujuan Tanggapan
        13 th, 2023        Dewan Komisaris atas        Hadis Surya Palapa                Hadir / Present          -
                           Penugasan IMO / Plan for
                           Request for Approval of     Awan Hermawan Purwadinata         Hadir / Present          -
                           the Board of
                                                       Heru Kuswanto                     Hadir / Present          -
                           Commissioners' Response
                           to the IMO Assignment       Suparno                           Hadir / Present          -

                                                       Sandry Pasambuna                  Hadir / Present          -

                                                       John Robertho                     Hadir / Present          -

                                                       Salusra Wijaya                    Hadir / Present          -




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Page 318
                                               Tata Kelola Perusahaan
                                               Good Corporate Governance




Frekuensi Rapat dan Tingkat Kehadiran Anggota                                 Frequency of Meetings and Attendance Level of Board
Direksi                                                                       of Directors Members

Frekuensi pelaksanaan rapat dan kehadiran masing-                             The frequency of meetings and the attendance of each
masing anggota Direksi di dalam rapat pada tahun 2023                         member of the Board of Directors at meetings in 2023
dapat dilihat melalui tabel sebagai berikut:                                  can be seen in the following table:


                                                                             Rapat Gabungan Direksi dengan
                                                                                     Dewan Komisaris
                                                     Rapat Direksi                                                           RUPS
                                                                               Joint Meeting of the Board of
                                               Board of Directors Meeting                                                    GMS
                                                                                Directors and the Board of
                                                                                      Commissioners


                                                Jumlah dan Persentase            Jumlah dan Persentase               Jumlah dan Persentase
        Nama               Jabatan
No                                                    Kehadiran                        Kehadiran                           Kehadiran
        Name               Position
                                                Attendance Number and            Attendance Number and               Attendance Number and
                                                      Percentage                       Percentage                          Percentage


                                             Jumlah       Jumlah              Jumlah       Jumlah                Jumlah       Jumlah
                                              Rapat     Kehadiran              Rapat     Kehadiran                Rapat     Kehadiran
                                                                        %                               %                                 %
                                            Number of   Number of            Number of   Number of              Number of   Number of
                                            Meetings    Attendance           Meetings    Attendance             Meetings    Attendance

     Didiek           Direktur Utama /
 1                                             43           43        100%      14           12        86%          2           2        100%
     Hartantyo        President Director

                      Direktur Niaga /
     Hadis Surya
 2                    Managing Director        43           43        100%      14           13        93%          2           2        100%
     Palapa
                      of Commerce

     Awan             Direktur Operasi /
 3   Hermawan         Managing Director        43           42         98%      14           13        93%          2           2        100%
     Purwadinata      of Operation

                      Direktur
                      Pengelolaan
     Heru
 4                    Prarana /                43           41         95%      13           12        86%          2           2        100%
     Kuswanto
                      Managing Director
                      of Infrastructure

                      Direktur
                      Pengelolaan
 5   Eko Purwanto     Sarana / Managing         7           7         100%       3           3        100%          2           2        100%
                      Director of Rolling
                      Stock

                      Direktur
                      Keselamatan dan
     Sandry           Keamanan /
 6                                             43           41         95%      14           13        93%          2           2        100%
     Pasambuna        Managing Director
                      of Safety and
                      Security

                      Direktur SDM dan
                      Umum / Managing
 7   Suparno                                   43           43        100%      14           13        93%          2           2        100%
                      Director of HR and
                      General Affairs

                      Direktur
                      Perencanaan
                      Strategis dan
                      Pengelolaan
     John
 8                    Sarana / Managing        43           42         98%      13           13       100%          2           2        100%
     Robertho
                      Director of
                      Strategic Planning
                      and Rolling Stock
                      Management

                      Direktur Keuangan
                      dan Manajemen
                      Risiko / Managing
 9   Salusra Wijaya                            43           41         95%      14           12        86%          2           2        100%
                      Director of Finance
                      and Risk
                      Management

                      Direktur
                      Pengembangan
                      Usaha dan
                      Kelembagaan /
     Rudi As
10                    Managing Director         5           5         100%       0           0           0          2           2        100%
     Aturridha
                      of Business
                      Development and
                      Institutional
                      Relations




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318                                                                                                          PT Kereta Api Indonesia (Persero)
                                  Annual and Sustainability Report
Page 319
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PELATIHAN DAN/ATAU PENINGKATAN                               TRAINING AND/OR IMPROVING THE
KOMPETENSI ANGGOTA DIREKSI                                   COMPETENCY OF DIRECTORS
Kebijakan Pelatihan dan/atau Peningkatan Kompetensi          Training Policy and/or Competency Improvement for
Anggota Direksi                                              Directors
Kebijakan pelatihan dan/atau peningkatan kompetensi          Training policies and/or competency improvement for
bagi anggota Direksi diatur melalui Board Manual,            members of the Board of Directors are regulated through
dengan uraian ketentuan sebagai berikut:                     the Board Manual, with a description of the provisions
                                                             as follows:
  1. Setiap anggota Direksi yang mengikuti program              1. Every member of the Board of Directors who takes
     peningkatan kapabilitas seperti seminar dan/atau              part in capability improvement programs such as
     pelatihan diminta untuk menyajikan presentasi                 seminars and/or training is asked to present
     kepada anggota Dewan Komisaris lainnya dalam                  presentations to other members of the Board of
     rangka berbagai informasi dan pengetahuan                     Commissioners regarding various information and
     (sharing knowledge).                                          knowledge (sharing knowledge).
  2. Anggota Direksi yang bersangkutan bertanggung              2. The member of the Board of Directors concerned
     jawab    untuk    membuat     laporan    tentang              is responsible for making a report regarding the
     pelaksanaan program peningkatan kapabilitas, dan              implementation of the capability improvement
     laporan tersebut disampaikan kepada Dewan                     program, and the report is submitted to the Board
     Komisaris.                                                    of Commissioners.
  3. Program Peningkatan Kapabilitas dilaksanakan               3. The    Capability    Improvement      Program      is
     dalam     rangka     meningkatkan     efektivitas             implemented in order to increase the effectiveness
     pelaksanaan tugas Direksi.                                    of carrying out the duties of the Board of Directors.
  4. Rencana untuk melakukan Program Peningkatan                4. Plans to carry out the Capability Improvement
     Kapabilitas harus dimasukkan dalam RKAP.                      Program must be included in the RKAP.
  5. Setiap Anggota Direksi yang mengikuti Program              5. Every member of the Board of Directors who takes
     Peningkatan Kapabilitas seperti seminar diminta               part in Capability Improvement Programs such as
     untuk berbagi informasi dengan anggota Direksi                seminars is asked to share information with other
     lainnya.                                                      members of the Board of Directors.

Program peningkatan kapabilitas dapat berbentuk              Capability improvement programs can take the form of
seminar, lokakarya, pelatihan, pelatihan in-house, studi     seminars, workshops, training, coaching in-house,
banding, dan program lainnya yang berkaitan dengan:          comparative studies, and other programs related to:
  1. Pengetahuan terkait Prinsip hukum korporasi dan           1. Knowledge related to corporate legal principles and
     updating peraturan perundang-undangan yang                   updating laws and regulations related to company
     berhubungan dengan kegiatan usaha perusahaan;                business activities;
  2. Pengetahuan terkait Lingkungan Bisnis dan isu             2. Knowledge related to the Business Environment
     perekonomian terkini;                                        and current economic issues;
  3. Pengetahuan terkait Manajemen Strategis;                  3. Knowledge related to Strategic Management;
  4. Pengetahuan terkait Kepemimpinan efektif;                 4. Knowledge related to effective leadership;
  5. Pengetahuan terkait manajemen perubahan yang              5. Knowledge related to change management towards
     menuju pencapaian visi dan misi perusahaan;                  achieving the company's vision and mission;
  6. Pengetahuan terkait tugas fungsi pengawasan               6. Knowledge related to the supervisory functions of
     Sistem Pengendalian Internal, Manajemen Risiko,              Internal Control Systems, Risk Management,
     Sistem Manajemen Mutu, Internal Audit, Good                  Quality Management Systems, Internal Audit, Good
     Corporate Governance, Sistem Informasi Teknologi,            Corporate Governance, Information Technology
     Kebijakan Akuntansi dan Pelaporan Keuangan,                  Systems, Accounting and Financial Reporting
     Pengelolaan Human Capital, dan Kebijakan                     Policies, Human Capital Management, and Goods
     Pengadaan Barang dan Jasa; dan/ atau                         and Services Procurement Policies; and/or
  7. Pengetahuan      terkait   perusahaan     pesaing,        7. Knowledge regarding competing companies,
     pengganti, perusahaan kelas dunia/benchmark.                 substitutes, world class companies/benchmark.

Pelatihan dan/atau Peningkatan Kompetensi yang               Training and/or Competency Improvement Participated
Diikuti Anggota Direksi Tahun 2023                           in by Members of the Board of Directors in 2023
Selama tahun 2023, masing-masing anggota Direksi             During 2023, each member of the Board of Directors will
mengikuti pelatihan dan/atau peningkatan kompetensi          undertake training and/or competency improvement with
dengan perincian sebagai berikut:                            the following details:




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          Nama                 Jabatan                   Pelatihan             Waktu               Lokasi       Penyelenggara
  No
          Name                 Position                   Training             Time               Location        Organizer

   1   Didiek        Direktur Utama / President       Business Model      6-10 November         Philadelhia,   Wharton
       Hartantyo     Director                         Innovation in       2023 / November       Amerika        Executive
                                                      The Digital Age     6 th-10 th, 2023      Serikat        Education

  2    Hadis Surya   Direktur Niaga / Managing        Leading Digital     20-24 November        Fontainebleu   INSEAD
       Palapa        Director of Commerce             Marketing           2023 / November       , Prancis
                                                      Strategy            20 th-24 th, 2023

  3    Heru          Direktur Pengelolaan Prasarana   Special             20-21 September       Bandung        IICD
       Kuswanto      / Managing Director of           Directorship        2023 / September
                     Infrastructure                   Program             20 th-21 st, 2023

  4    Sandry        Direktur Keselamatan dan         Driving             14-24 Maret 2023 /    Swiss          IMD
       Pasambuna     Keamanan / Managing Director     Strategic           March 14 th-24 th,
                     of Safety and Security           Innovation          2023

  5    Suparno       Direktur SDM dan Umum /          Mastering           8 Juni - 7            Online         MIT Sloan
                     Managing Director of HR and      Design              September 2023 /                     School of
                     General Affairs                  Thinking            June 8 th -                          Management
                                                                          September 7 th
                                                                          2023

                                                      CHRO Business       20 September - 8      Hybrid         BUMN School
                                                      School              Desember 2023 /                      of Excellence
                                                                          September 20 th -
                                                                          December 8 th,
                                                                          2023

  6    John          Direktur Perencanaan Strategis   Design              7-9 November          Online         Prasetya Mulya
       Robertho      dan Pengelolaan Sarana /         Thinking for        2023 / November
                     Managing Director of Strategic   Business            7 th-9 th, 2023
                     Planning and Rolling Stock       Innovation
                     Management

  7    Salusra       Direktur    Keuangan    dan      Leading             18-22 September       Chicago,       SRW & Co. Feat
       Wijaya        Manajemen Risiko / Managing      Innovation in       2023 / September      Amerika        Chicago Booth
                     Director of Finance and Risk     Global              18 th-22 nd, 2023     Serikat
                     Management                       Economic
                                                      Recovery


PROGRAM PENGENALAN BAGI DIREKSI                                    INTRODUCTION PROGRAM FOR NEW
BARU TAHUN 2023                                                    BOARD OF DIRECTORS IN 2023
Perseroan menerapkan program pengenalan bagi                       The Company implements an induction program for
anggota Direksi yang diangkat untuk pertama kali.                  members of the Board of Directors who are appointed
Program pengenalan bagi anggota Direksi dilaksanakan               for the first time. The induction program for members
di bawah tanggung jawab Sekretarus Perusahaan, atau                of the Board of Directors is carried out under the
pihak lain yang menjalankan fungsi sebagai Sekretaris              responsibility of the Corporate Secretary, or other parties
Perusahaan.                                                        who function as Corporate Secretary.

Program pengenalan diterapkan guna memberikan                      The induction program is implemented to provide a basic
pemahaman mendasar bagi anggota Direksi baru, terkait              understanding for new members of the Board of Directors,
hal-hal sebagai berikut:                                           related to the following matters:
  1. Pelaksanaan prinsip-prinsip GCG oleh BUMN;                       1. Implementation of GCG principles by SOE;
  2. Gambaran mengenai BUMN berkaitan dengan                          2. Description of SOE related to the objectives, nature,
     tujuan, sifat, dan lingkup kegiatan, kinerja                        and scope of activities, financial and operational
     keuangan dan operasi, strategi, rencana usaha                       performance, strategy, short-term and long-term
     jangka pendek dan jangka panjang, posisi                            business plans, competitive position, risks and other
     kompetitif, risiko dan masalah-masalah strategis                    strategic issues;
     lainnya;
  3. Keterangan berkaitan dengan struktur organisasi                  3. Information       related    to    the    company's
     perusahaan, aturan dasar perusahaan, dan fasilitas                  organizational structure, company basic rules, and
     Direksi.                                                            facilities for the Board of Directors.
  4. kewenangan yang didelegasikan, audit internal dan                4. Delegated authority, internal and external audits,
     eksternal, sistem dan kebijakan pengendalian                        internal control systems and policies, including the
     internal, termasuk Komite Audit; dan.                               Audit Committee; and




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                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  5. Keterangan mengenai tugas dan tanggung jawab               5. Information     regarding     the     duties   and
     Dewan Komisaris/Dewan Pengawas dan Direksi serta              responsibilities of the Board of Commissioners/
     hal-hal yang tidak diperbolehkan                              Supervisory Board and the Board of Directors and
                                                                   matters that are not permitted.
Program pengenalan bagi Direktur yang baru                    The introduction program for the new Director was held
dilaksanakan pada 11 Desember 2023 di Jakarta Railway         on December 11 th, 2023 at the Jakarta Railway Center to
Center kepada Direktur Pengembangan Usaha &                   the Director of Business Development & Institutional
Kelembagaan Rudi As Aturridha.                                Relations Rudi As Aturridha.

Keputusan dan Pelaksanaan Tugas Direksi                       Decisions and Implementation of Directors' Duties
Selama tahun 2023, Direksi mengeluarkan 183 Dokumen           During 2023, Directors issued 183 Decision Documents
Keputusan berupa Peraturan Perusahaan, Surat                  in the form of Enterprise Regulations, Decision Letters,
Keputusan, SOP, Surat Edaran, Instruksi, serta Maklumat,      SOPs, Circulars, Instructions, and Information, with the
dengan perincian sebagai berikut:                             following details:
  1. Peraturan Perusahaan : 60 Dokumen                           1. Company Regulation : 60 Documents
  2. Surat keputusan : 87 Dokumen                                2. Decrees : 87 Documents
  3. SOP : 23 Dokumen                                            3. SOPs: 23 Documents
  4. Surat Edaran : 9 Dokumen                                    4. Circulars : 9 Documents
  5. Instruksi : 3 Dokumen                                       5. Instruction : 3 Documents
  6. Maklumat : 1 Dokumen                                        6. Announcements : 1 Documents

Untuk periode yang berakhir pada 31 Desember 2023,            For the period ending December 31 st, 2023, the Board of
Direksi telah melaksanakan tugas dan tanggung jawab           Directors has carried out its duties and responsibilities
sesuai tata laksana kerja di dalam Board Manual serta         in accordance with the work procedures in the Board
rencana kerja tahun 2023, dengan perincian sebagai            Manual and the 2023 work plan, with the following details:
berikut:
   1. Menjalankan kepentingan perusahaan sesuai dengan           1. Carry out the company's interests in accordance
      maksud dan tujuan sesuai Anggaran Dasar                       with the aims and objectives in accordance with
                                                                    the Articles of Association
  2. Menyelenggarakan RUPS Pengesahan RKAP Tahun                 2. Organizing a GMS Ratifying the 2023 RKAP and a
     2023 dan RUPS Pertanggungjawaban Keuangan                      GMS on Financial Accountability for the 2022 Fiscal
     Tahun Buku 2022                                                Year
  3. Membentuk komite di bawah Direksi dengan tugas              3. Forming a committee under the Board of Directors
     membantu efektivitas pelaksanaan tugas Direksi                 with the task of assisting the effective
                                                                    implementation of the Board of Directors' duties
  4. Menyampaikan laporan kepada Dewan Komisaris                 4. Submit reports to the Board of Commissioners in
     secara tepat waktu, akurat, relevan dan lengkap                a timely, accurate, relevant and complete manner,
     yaitu Laporan Triwulan, Laporan Semester dan                   namely Quarterly Reports, Semester Reports and
     Laporan Tahunan.                                               Annual Reports.
  5. Direksi menyampaikan informasi mengenai                     5. The Board of Directors conveys information
     identitas, pekerjaan-pekerjaan utamanya, jabatan               regarding the identity, main jobs, position of the
     Dewan Komisaris di Anak Perusahaan/perusahaan                  Board of Commissioners in Subsidiaries/joint
     patungan dan/atau Perseroan lain, termasuk rapat-              companies and/or other Companies, including
     rapat yang dilakukan dalam satu tahun buku (rapat              meetings held in one financial year (internal meetings
     internal maupun rapat gabungan dengan Dewan                    or joint meetings with the Board of Commissioners),
     Komisaris), serta gaji, fasilitas, dan/atau tunjangan          as well as salaries, facilities, and/or other benefits
     lain yang diterima dari Perseroan dan Anak                     received from the Company and its Subsidiaries/
     Perusahaan/perusahaan patungan, untuk dimuat                   joint companies, to be included in the Company's
     dalam Laporan Tahunan Perseroan.                               Annual Report.

Penilaian terhadap Kinerja Komite Direksi dan Dasar           Assessment of the Performance of the Board of
Penilaiannya                                                  Directors Committee and the Basis for the Assessment
Direksi melaksanakan tugas dan tanggung jawabnya              The Board of Directors carries out its duties and
dengan dibantu oleh komite-komite di bawah Direksi.           responsibilities with the assistance of committees under
Penjelasan mengenai hal tersebut beserta penilaian            the Board of Directors. An explanation of this matter
kinerja masing-masing komite adalah sebagai berikut:          along with an assessment of the performance of each
                                                              committee is as follows:

  1. Komite Evaluasi Jabatan                                     1. Position Evaluation Committee
     Komite    ini  dibentuk    guna   mendukung                    This committee was formed to support the
     penyederhanaan    struktur  remunerasi  yang                   simplification of a fair remuneration structure
     berkeadilan sesuai bobot jabatan dan berbasis                  according to the weight of the position and based




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     kinerja. Diperlukan evaluasi jabatan untuk                    on performance. Job evaluation is required to
     menghasilkan sistem penilaian (grading system)                produce an assessment system (grading system)
     sesuai    dengan       organisasi    terkini   yang           in accordance with current organizations whose
     pelaksanaannya melibatkan konsultan eksternal.                implementation involves external consultants.
  2. Komite Verifikasi Kinerja Pekerja                          2. Employee Performance Verification Committee
     Komite ini dibentuk guna mendukung percepatan                 This committee was formed to support the
     progres verifikasi kinerja pekerja dan dalam rangka           acceleration of the progress of worker performance
     mewujudkan pelaksanaan sistem manajemen kinerja               verification and in order to realize the
     pekerja.                                                      implementation of the worker performance
                                                                   management system.
  3. Komite Keselamatan Tingkat Pusat                           3. Central Level Safety Committee
     Merupakan komite yang mengatur mengenai Sistem                Is a committee that regulates the Railway Safety
     Manajemen Keselamatan Perkeretaapian. Dalam                   Management System. In carrying out its duties, the
     melaksanakan tugasnya, Komite Keselamatan                     Safety Committee is responsible to the President
     bertanggung jawab kepada Direktur Utama.                      Director.
  4. Komite Teknologi Informasi                                 4. Information Technology Committee
     Merupakan      komite     yang   dibentuk      untuk          This is a committee formed to support business
     mendukung strategi bisnis dalam keseluruhan upaya             strategy in the Company's overall development
     pengembangan Perseroan. Diperlukan adanya kerja               efforts. There is a need for cooperation and
     sama dan koordinasi seluruh bagian KAI agar                   coordination from all parts of KAI so that information
     pengembangan teknologi informasi dapat selaras                technology development can be in line with
     dengan kebutuhan bisnis.                                      business needs.
  5. Komite Penyelesaian dan Tindak Lanjut Hasil                5. Committee for Completion and Follow-up on
     Investigasi dan Hasil CO/Pemeriksaan Daerah                   Investigation       Results     and      CO/Regional
     atas Kejadian Kecelakaan KA                                   Inspection Results on Railway Accidents
     Komite ini bertugas menindaklanjuti hasil                     This committee is tasked with following up on the
     investigasi dan CO atas terjadinya kecelakaan                 results of investigations and COs regarding the
     kereta api, menetapkan pejabat yang bertanggung               occurrence of train accidents, determining officials
     jawab sesuai dengan penyebab yang tertulis di                 who are responsible according to the causes written
     dalam hasil investigasi/CO, menetapkan sanksi, dan            in the results of the investigation/CO, determining
     menetapkan penghargaan kepada pegawai/                        sanctions, and establishing awards for employees/
     masyarakat yang dinilai telah ikut mencegah atau              community members who are deemed to have
     melakukan upaya sehingga kecelakaan KA dapat                  participated in preventing or making efforts so that
     dihindari. Hasil kerja anggota komite ini dilaporkan          train accidents can be avoided. The results of the
     kepada Direktur Utama.                                        work of these committee members are reported to
                                                                   the President Director.
  6. Komite Eksekutif                                           6. Executive Committee
     Merupakan     komite   yang     dibentuk   untuk              This is a committee formed to anticipate the
     mengantisipasi perkembangan dan tuntutan                      company's future developments and demands, so
     perusahaan di masa depan, sehingga perlu                      it is necessary to prepare a competent leadership
     dipersiapkan kader pimpinan yang kompeten.                    cadre. The Executive Committee is tasked with
     Komite Eksekutif bertugas untuk merumuskan,                   formulating, managing and implementing, as well
     mengelola, dan melaksanakan, serta mempersiapkan              as preparing the cadre of future leaders. Apart from
     kaderisasi pimpinan masa yang akan datang. Selain             that, it also discusses the Company's strategic
     itu, juga membahas hal-hal strategis Perseroan.               matters.

Direksi   melakukan     penilaian  terhadap     kinerja       The Board of Directors assesses the performance of each
masingmasing komite secara periodik, dengan prosedur          committee periodically, with assessment procedures
penilaian yang diterapkan melalui pelaksanaan rapat           implemented through holding periodic work meetings.
kerja berlaka. Secara mendasar, Direksi melakukan             Basically, the Board of Directors assesses the performance
penilaian terhadap kinerja masing-masing komite               of each committee based on the implementation of its
berdasarkan pelaksanaan tugas selama 1 (satu) periode         duties during 1 (one) assessment period, the results of
penilaian, yang hasilnya akan digunakan sebagai dasar         which will be used as a basis for consideration for improving
pertimbangan bagi peningkatan kinerja komite di periode       the committee's performance in the following period.
selanjutnya.

Untuk tahun 2023, Direksi menilai masing-masing komite        For 2023, the Board of Directors assesses that each
telah melaksanakan tugas dan tanggung jawab secara            committee has carried out its duties and responsibilities
baik. Melalui pelaksanaan tugas dan tanggung jawab            well. Through the implementation of these duties and
tersebut, Direksi menilai, masing-masing komite telah         responsibilities, the Board of Directors assesses that each
secara efektif memberi dukungan bagi pelaksanaan              committee has effectively provided support for the
tugas dan tanggung jawab Direksi.                             implementation of the Board of Directors' duties and
                                                              responsibilities.



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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




DEWAN KOMISARIS
BOARD OF COMMISSIONERS
Dewan Komisaris merupakan organ di dalam struktur            The Board of Commissioners is an organ within the
tata kelola yang bertugas dan bertanggung jawab dalam        governance structure that is tasked and responsible for
melakukan pengawasan terhadap kebijakan dan                  supervising    policies   and   general   management
pelaksanaan pengurusan secara umum, baik terkait tata        implementation, both related to governance and the
kelola maupun bisnis Perseroan, yang dilakukan oleh          Company's business, carried out by the Board of Directors.
Direksi. Melalui tugas pengawasan tersebut, Dewan            Through its supervisory duties, the Board of
Komisaris juga bertugas untuk memberikan nasihat             Commissioners is also tasked with providing advice to
kepada Direksi. Fungsi pengawasan dan pemberian              the Board of Directors. The supervisory and advisory
nasihat yang dilaksanakan oleh Dewan Komisaris               functions carried out by the Board of Commissioners
mencakup penyusunan penyusunan dan pelaksanaan               include the preparation and implementation of the
Rencana Jangka Panjang Perusahaan (RJPP), Rencana            Company's Long Term Plan (RJPP), Company Work Plan
Kerja dan Anggaran Perusahaan (RKAP), sesuai Anggaran        and Budget (RKAP), in accordance with the Articles of
Dasar, keputusan pemegang saham melalui RUPS, serta          Association, shareholder decisions through the GMS, as
peraturan perundangundangan dan pelaksanaan                  well as statutory regulations and implementation of the
Rencana Jangka Panjang Perusahaan (RJPP), Rencana            Long Term Plan. Company (RJPP), Company Work Plan
Kerja dan Anggaran Perusahaan (RKAP), sesuai Anggaran        and Budget (RKAP), in accordance with the Articles of
Dasar, keputusan pemegang saham melalui RUPS, serta          Association, shareholder decisions through the GMS, as
peraturan perundangundangan.                                 well as statutory regulations.

TUGAS, TANGGUNG JAWAB, DAN                                   DUTIES, RESPONSIBILITIES AND
KEWAJIBAN DEWAN KOMISARIS                                    OBLIGATIONS OF THE BOARD OF
                                                             COMMISSIONERS
Mengacu pada peraturan perundang-undangan, Anggaran          Referring to statutory regulations, Articles of Association
Dasar, dan Board Manual, Dewan Komisaris memiliki tugas,     and Board Manual, the Board of Commissioners has the
tanggung jawab, dan kewajiban sebagai berikut:               following duties, responsibilities and obligations:

Tugas Dewan Komisaris                                        Duties of the Board of Commissioners
  1. Melakukan pengawasan terhadap kebijakan                   1. Supervise management policies, the course of
     pengurusan, jalannya pengurusan pada umumnya                 management in general regarding the Company
     baik mengenai Perseroan maupun usaha Perseroan               and the Company's business carried out by the
     yang dilakukan oleh Direksi; dan                             Board of Directors; And
  2. Memberikan nasihat kepada Direksi termasuk                2. Provide advice to the Board of Directors including
     pengawasan terhadap pelaksanaan Rencana Jangka               supervision of the implementation of the
     Panjang Perseroan, Rencana Kerja dan Anggaran                Company's Long Term Plan, Work Plan and Company
     Perseroan serta ketentuan Anggaran Dasar dan                 Budget as well as the provisions of the Articles of
     Rapat Umum Pemegang Saham, serta peraturan                   Association and General Meeting of Shareholders,
     perundang-undangan      yang     berlaku, untuk              as well as applicable laws and regulations, for the
     kepentingan Perseroan dan sesuai dengan maksud               interests of the Company and in accordance with
     dan tujuan Perusahaan.                                       the Company's aims and objectives.

Tanggung Jawab Dewan Komisaris                               Responsibilities of the Board of Commissioners
  1. Setiap anggota Dewan Komisaris ikut bertanggung           1. Each member of the Board of Commissioners is
     jawab secara pribadi atas kerugian Perusahaan                personally responsible for losses to the Company
     apabila yang bersangkutan bersalah atau lalai                if the person concerned is guilty or negligent in
     menjalankan tugasnya;                                        carrying out their duties;
  2. Bertanggung jawab secara pribadi atas kerugian            2. Be personally responsible for the Company's losses
     Perusahaan apabila yang bersangkutan bersalah                if the person concerned is guilty or negligent in
     atau lalai menjalankan tugasnya. Dalam hal Dewan             carrying out their duties. In the event that the Board
     Komisaris terdiri dari 2 (dua) anggota atau lebih            of Commissioners consists of 2 (two) or more
     maka tanggung jawab secara renteng bagi setiap               members, each member of the Board of
     anggota Dewan Komisaris.                                     Commissioners is jointly responsible.
  3. Anggota      Dewan     Komisaris     tidak    dapat       3. Members of the Board of Commissioners cannot
     dipertanggungjawabkan           atas       kerugian          be held responsible for losses as intended in number
     sebagaimana dimaksud pada angka 2 (dua) apabila              2 (two) if they can prove:
     dapat membuktikan:
       a. telah melakukan pengawasan dengan itikad                  a. Has carried out supervision in good faith and
          baik dan kehati-hatian untuk kepentingan                     prudence for the interests of the Company and
          Perusahaan dan sesuai dengan maksud dan                      in accordance with the aims and objectives of




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         tujuan Perusahaan;                                          the Company;
      b. tidak mempunyai kepentingan pribadi baik                 b. Has no direct or indirect personal interest in
         langsung maupun tidak langsung atas                         the management actions of the Board of
         tindakan     pengurusan   Direksi     yang                  Directors that result in losses;
         mengakibatkan kerugian;
      c. telah memberikan nasihat kepada Direksi                  c. Has provided advice to the Board of Directors
         untuk mencegah timbulnya atau berlanjutnya                  to prevent the occurrence or continuation of
         kerugian tersebut.                                          such losses.

Kewajiban Dewan Komisaris                                   Obligations of the Board of Commissioners
Dewan Komisaris memiliki kewajiban:                         The Board of Commissioners has the following
                                                            obligations:
  1. Kewajiban terhadap Pemegang Saham dan RUPS:              1. Obligations to Shareholders and GMS:
      a. Menyusun program kerja tahunan dan                       a. Compile the annual work program and include
         memasukkannya ke dalam Rencana Kerja dan                    it in the Annual Work Plan and Budget;
         Anggaran Tahunan;
      b. Memberikan laporan tentang tugas pengawasan              b. Providing reports on supervisory duties that
         yang telah dilakukan setelah tahun buku yang                have been carried out after the previous financial
         baru lampau kepada Rapat Umum Pemegang                      year to the General Meeting of Shareholders;
         Saham;
      c. Mengajukan usulan indikator pencapaian kinerja           c. Submitting proposals for individual and
         Dewan Komisaris individu dan kumulatif untuk                cumulative       performance       achievement
         ditetapkan oleh (RUPS);                                     indicators for the Board of Commissioners to
                                                                     be determined by the (GMS);
      d. Menyampaikan          laporan      triwulanan            d. Submit quarterly progress reports on the
         perkembangan realisasi indikator pencapaian                 realization of performance achievement
         kinerja kepada Pemegang Saham;                              indicators to Shareholders;
      e. Mengusulkan akuntan publik kepada RUPS;                  e. Proposing a public accountant to the GMS;
      f. Melaporkan dengan segera kepada RUPS apabila             f. Report immediately to the GMS if there are
         terjadi gejala menurunnya kinerja Perseroan                 symptoms of declining Company performance
         serta saran-saran yang telah disampaikan                    as well as suggestions that have been submitted
         kepada      Direksi    untuk     memperbaiki                to the Board of Directors to improve the
         permasalahan yang terjadi;                                  problems that occur;
      g. Memberikan penjelasan, pendapat dan saran                g. Provide explanations, opinions and suggestions
         kepada RUPS mengenai laporan tahunan,                       to the GMS regarding the annual report, when
         apabila diminta;                                            requested;
      h. Mengikuti perkembangan kegiatan Perseroan,               h. Following developments in the Company's
         memberikan pendapat, dan saran kepada RUPS                  activities, providing opinions and suggestions
         mengenai setiap masalah yang dianggap penting               to the GMS regarding any issues deemed
         bagi kepentingan Perseroan;                                 important to the interests of the Company;
      i. Memberikan pendapat dan saran kepada RUPS                i. Provide opinions and suggestions to the GMS
         mengenai Rencana Jangka Panjang Perusahaan                  regarding the Company's Long Term Plan
         (RJPP) dan Rencana Kerja dan Anggaran                       (RJPP) and Company Work and Budget Plan
         Perusahaan (RKAP) mengenai alasan Dewan                     (RKAP) regarding the reasons for the Board of
         Komisaris menandatangani RJP dan RKAP;                      Commissioners signing the RJP and RKAP;
      j. Menandatangani laporan manajemen dan                     j. Sign management reports and annual reports.
         laporan tahunan. Dalam hal terdapat anggota                 In the event that a member of the Board of
         Dewan        Komisaris     tidak      bersedia              Commissioners is unwilling to sign the annual
         menandatangani laporan tahunan, maka harus                  report, the reasons must be stated in writing.
         disebutkan alasannya secara tertulis.

  2. Kewajiban terhadap Para Pemangku Kepentingan:            2. Obligations to Stakeholders:
      a. Membuat mekanisme menghimpun masukan                     a. Create a mechanism to collect input and
         dan keluhan para pemangku kepentingan;                      complaints from stakeholders;
      b. Membuat mekanisme pembahasan masukan                     b. Create a mechanism for discussing input and
         dan keluhan para pemangku kepentingan;                      complaints from stakeholders;
      c. Membuat mekanisme komunikasi kepada                      c. Create a communication mechanism to the
         Direksi terkait masukan dan keluhan para                    Board of Directors regarding input and
         pemangku kepentigan.                                        complaints from stakeholders.




                     Laporan Tahunan dan Keberlanjutan
324                                                                                 PT Kereta Api Indonesia (Persero)
                       Annual and Sustainability Report
Page 325
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  3. Kewajiban terkait Pencalonan Anggota Direksi                   3. Obligations related to Nomination of Directors
     (Nominasi) dan Remunerasi:                                        (Nomination) and Remuneration:
      a. Mengusulkan calon anggota Direksi Perseroan                    a. Proposing prospective members of the
         kepada Pemegang Saham;                                            Company's Board of Directors to Shareholders;
      b. Melakukan penelaahan dan pengawasan untuk                      b. Carrying out reviews and supervision to ensure
         memastikan bahwa Perseroan telah memiliki                         that the Company has a nomination strategy
         strategi dan kebijakan nominasi yang meliputi                     and policy which includes organizational
         proses analisis organisasi, prosedur dan kriteria                 analysis processes, procedures and criteria for
         rekrutmen, seleksi dan promosi;                                   recruitment, selection and promotion;
      c. Melakukan kajian atas sistem remunerasi yang                   c. Conduct a review of the appropriate
         sesuai bagi anggota Dewan Komisaris dan                           remuneration system for members of the Board
         Direksi dan mengajukan kepada RUPS;                               of Commissioners and Directors and submit it
                                                                           to the GMS;
       d. Memastikan bahwa Perseroan memiliki sistem                    d. Ensure that the Company has a transparent
          remunerasi yang transparan berupa gaji atau                      remuneration system in the form of salary or
          honorarium, tunjangan dan fasilitas yang                         honorarium, fixed allowances and facilities and
          bersifat tetap dan insentif yang bersifat variabel;              variable incentives;
       e. Menyusun kebijakan mengenai pengajuan                         e. Prepare policies regarding submission of
          usulan remunerasi Direksi kepada RUPS;                           Directors' remuneration proposals to the GMS;
       f. Menelaah usulan remunerasi Direksi bersama                    f. Reviewing the Board of Directors' remuneration
          dengan komite terkait;                                           proposals together with related committees;
       g. Mengusulkan         insentif     kinerja/tantiem,             g. Proposing performance incentives/tantiems,
          mempertimbangkan penilaian kinerja Direksi;                      considering the performance assessment of the
          dan                                                              Board of Directors; And
       h. Menyampaikan usulan remunerasi (gaji,                         h. Submit proposals for remuneration (salary,
          tunjangan, dan fasilitas serta tantiem/insentif                  allowances and facilities as well as bonuses/
          kinerja) Direksi kepada RUPS.                                    performance incentives) of the Board of
                                                                           Directors to the GMS.

  4. Kewajiban Penilaian Kerja                                      4. Performance Appraisal Obligations
      a. RUPS menetapkan indikator pencapaian kinerja                   a. The GMS determines the performance
         (Key Performance Indicator) Dewan Komisaris                       achievement indicators (Key Performance
         berdasarkan usulan Dewan Komisaris.                               Indicators) for the Board of Commissioners
                                                                           based on the recommendations of the Board
                                                                           of Commissioners.
       b. Indikator pencapaian kinerja merupakan                        b. Performance achievement indicators are a
          ukuran penilaian atas keberhasilan pelaksanaan                   measure of assessment of the successful
          tugas dan tanggung jawab, pengawasan serta                       implementation of duties and responsibilities,
          pemberian nasihat oleh Dewan Komisaris sesuai                    supervision and provision of advice by the Board
          dengan peraturan perundang-undangan dan/                         of Commissioners in accordance with statutory
          atau anggaran dasar memuat sekurang-                             regulations and/or the articles of association
          kurangnya:                                                       containing at least:
            i.   Tingkat kehadirannya dalam rapat                            i.   Level of attendance at internal meetings,
                 internal,  rapat   gabungan      Dewan                           joint meetings of the Board of
                 Komisaris dan Direksi, Maupun Rapat                              Commissioners and Directors, as well as
                 dengan komite-komite yang ada;                                   meetings with existing committees;
            ii. Kehadiran dalam proses pengawasan                            ii. Attendance in the Company's supervision
                 Perseroan;                                                       process;
            iii. Keterlibatan dalam tugas tertentu;                          iii. Involvement in certain tasks;
            iv. Arahan-arahan terhadap Perseroan; dan                        iv. Directions for the Company; And
            v. Ketaatan         terhadap       peraturan                     v. Compliance with applicable laws and
                 perundangundangan       yang    berlaku,                         regulations, articles of association, GMS
                 anggaran dasar, ketentuan RUPS, serta                            provisions and Company policies.
                 kebijakan Perseroan.
       c. Melaksanakan self-assessment, evaluasi kinerja                c. Implement self-assessment, evaluation of the
          Dewan Komisaris, masing-masing anggota, dan                      performance of the Board of Commissioners,
          komite yang diatur lebih lanjut Keputusan                        each member, and committees which are
          dengan Dewan Komisaris.                                          further regulated by a Decree of the Board of
                                                                           Commissioners.




                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                325
                                                                    Annual and Sustainability Report
Page 326
                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




      d. Dewan Komisaris wajib menyampaikan laporan              d. The Board of Commissioners is obliged to
         triwulanan perkembangan realisasi Indikator                submit quarterly reports on the progress of the
         Pencapaian Kinerja kepada para Pemegang                    realization of Performance Achievement
         Saham/ Menteri.                                            Indicators to Shareholders/Ministers.
      e. Dalam melakukan penilaian terhadap kinerja              e. In assessing the performance of the Board of
         Direksi, Dewan Komisaris:                                  Directors, the Board of Commissioners:
           i. Menyusun kebijakan mengenai penilaian                   i. Develop policies regarding the performance
               kinerja Direksi dan pelaporannya kepada                    assessment of the Board of Directors and
               Pemegang Saham;                                            reporting to Shareholders;
           ii. Menelaah kriteria, target dan indikator                ii. Review the criteria, targets and main criteria
               kriteria utama yang tercakup dalam kontrak                 indicators included in the Directors'
               manajemen Direksi/rencana kerja dan                        management contract/work plan and
               anggaran Perseroan baik secara individu                    Company budget both individually and
               maupun kolegial dan menyampaikannya                        collegally and submit them to Shareholders
               kepada Pemegang Saham

  5. Kewajiban Pengawasan Sistem Pengendalian                5. Obligations to Supervise the Internal Control
     Internal                                                   System
      a. Membuat mekanisme pengawasan kebijakan                  a. Create a mechanism for monitoring Internal
         Sistem Pengendalian Internal;                              Control System policies;
      b. Memastikan efektivitas Sistem Pengendalian              b. Ensure the effectiveness of the Internal Control
         Internal;                                                  System;
      c. Memastikan efektivitas Auditor Internal dan             c. Ensure the effectiveness of Internal and External
         Eksternal   dengan      menilai   kompetensi,              Auditors by assessing the competency,
         independensi serta ruang lingkup Auditor                   independence and scope of Internal and
         Internal dan Eksternal;                                    External Auditors;
      d. Memastikan Auditor Internal, Eksternal, dan             d. Ensure that Internal, External Auditors and the
         Komite Audit memiliki akses terhadap informasi             Audit Committee have access to information
         mengenai Perseroan yang diperlukan untuk                   regarding the Company necessary to carry out
         melaksanakan tugasnya;                                     their duties;
      e. Membuat program pengawasan Sistem                       e. Create an Internal Control System monitoring
         Pengendalian Internal dan memasukkannya ke                 program and include it in the Company's RKA;
         dalam RKA Perseroan; dan                                   And
      f. Memberikan arahan-arahan terkait perbaikan              f. Provide directions regarding improvements to
         Kebijakan Sistem Pengendalian Internal.                    the Internal Control System Policy.

  6. Kewajiban Pengawasan Sistem Manajemen Mutu              6. Obligation to Supervise Quality and Service
     dan Pelayanan                                              Management Systems
      a. Membuat mekanisme pengawasan kebijakan                  a. Create a mechanism for monitoring Quality and
         Sistem Manajemen Mutu dan Pelayanan;                       Service Management System policies;
      b. Membuat program pengawasan Sistem                       b. Create a Quality and Service Management
         Manajemen Mutu dan Pelayanan serta                         System monitoring program and include it in
         memasukkannya ke dalam RKAP / Enterprise                   the RKAP/Enterprise Risk Management (ERM);
         Risk Management (ERM); dan                                 And
      c. Memberikan arahan-arahan terkait perbaikan              c. Provide directions regarding improvements to
         Kebijakan Sistem Manajemen Mutu dan                        the Quality and Service Management System
         Pelayanan.                                                 Policy.

  7. Kewajiban pengawasan Pengelolaan Manajemen              7. Obligations to supervise Company Risk
     Risiko Perseroan/Enterprise Risk Management                Management (ERM).
     (ERM).
      a. Membuat mekanisme pengawasan kebijakan                  a. Create a monitoring mechanism for the
         Manajemen Risiko Perseroan;                                Company's Risk Management policies;
      b. Membuat program pengawasan Manajemen                    b. Create   a   Company      Risk  Management
         Risiko Perseroan serta memasukkannya ke                    monitoring program and include it in the RKAP;
         dalam RKAP; dan                                            And
      c. Memberikan arahan-arahan terkait perbaikan              c. Provide directions regarding improvements to
                                                                    the Company's Risk Management Policy.




                      Laporan Tahunan dan Keberlanjutan
326                                                                                 PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 327
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  8. Kewajiban     pengawasan     Keterbukaan      dan          8. Obligation to supervise the Openness and
     Kerahasiaan Informasi Perseroan;                              Confidentiality of Company Information;
      a. Membuat mekanisme pengawasan kebijakan                     a. Create a monitoring mechanism for the
         Keterbukaan dan Kerahasiaan Informasi                         Company's       Information   Openness     and
         Perseroan;                                                    Confidentiality policy;
      b. Memastikan informasi tidak terbatas laporan                b. Ensure that information is not limited to
         keuangan     dan   laporan   tahunan     yang                 financial reports and annual reports submitted
         disampaikan perseroan kepada shareholders                     by the company to the Company's shareholders
         maupun stakeholders Perseroan dilakukan secara                and stakeholders in a timely, complete and
         tepat waktu, lengkap, dan akurat;                             accurate manner;
      c. Memastikan data yang disampaikan ke publik                 c. Ensure that the data presented to the public
         sesuai peraturan perundangan yang berlaku;                    is in accordance with the applicable legal
                                                                       regulations;
       d. Membuat program pengawasan Keterbukaan                    d. Create a program for monitoring the Openness
          dan Kerahasiaan Informasi Perseroan serta                    and Confidentiality of Company Information and
          memasukkannya ke dalam RKAP;                                 include it in the RKAP;
       e. Memberikan arahan-arahan terkait perbaikan                e. Provide directions regarding improvements to
          Kebijakan Keterbukaan dan Kerahasiaan                        the Company's Information Openness and
          Informasi Perseroan.                                         Confidentiality Policy.

  9. Kewajiban    pengawasan       Sistem Teknologi             9. Information Technology System supervision
     Informasi:                                                    obligations:
      a. Membuat mekanisme pengawasan kebijakan                     a. Create a mechanism for monitoring Information
         Sistem Teknologi Informasi;                                   Technology System policies;
      b. Membuat program pengawasan Sistem                          b. Create an Information Technology System
         Teknologi Informasi serta memasukkannya ke                    monitoring program and include it in the
         dalam RKA Perseroan; dan                                      Company's RKA; And
      c. Memberikan arahan-arahan terkait perbaikan                 c. Provide directions regarding improvements to
         Sistem Teknologi Informasi.                                   the Information Technology System.

  10. Kewajiban pengawasan pengelolaan sumber daya             10. Obligations to supervise human resource
      manusia:                                                     management:
       a. Membuat mekanisme pengawasan kebijakan                    a. Create a monitoring mechanism for human
          pengelolaan sumber daya manusia;                             resource management policies;
       b. Membuat program pengawasan pengelolaan                    b. Create a human resources management
          sumber daya manusia serta memasukkannya                      monitoring program and include it in the RKAP;
          ke dalam RKAP; dan                                           And
       c. Memberikan arahan-arahan terkait perbaikan                c. Provide directions related to improving human
          pengelolaan sumber daya manusia.                             resource management.

  11. Kewajiban pengawasan Kebijakan Akuntansi dan              11. Obligations to supervise Accounting Policies and
      Pelaporan Keuangan:                                           Financial Reporting:
       a. Membuat mekanisme pengawasan kebijakan                     a. Create a mechanism for monitoring accounting
          akuntansi dan pelaporan keuangan;                             policies and financial reporting;
       b. Membuat program pengawasan kebijakan                       b. Create a monitoring program for accounting
          akuntansi dan pelaporan keuangan serta                        policies and financial reporting and include it
          memasukkannya ke dalam RKAP; dan                              in the RKAP; And
       c. Memberikan arahan-arahan terkait perbaikan                 c. Provide directions regarding improvements to
          kebijakan akuntansi dan pelaporan keuangan.                   accounting policies and financial reporting.

  12. Kewajiban pengawasan sistem kesehatan,                    12. Obligations to supervise health, safety, security
      keselamatan, keamanan dan lingkungan:                         and environmental systems:
       a. Membuat mekanisme pengawasan kebijakan                     a. Create a mechanism for monitoring health,
          sistem kesehatan, keselamatan, keamanan, dan                  safety, security and environmental system
          lingkungan;                                                   policies;
       b. Membuat program pengawasan kebijakan                       b. Create a health, safety, security and
          sistem kesehatan, keselamatan, keamanan, dan                  environmental system policy monitoring
          lingkungan serta memasukkannya ke dalam                       program and include it in the RKAP; And
          RKAP; dan
       c. Memberikan arahan-arahan terkait perbaikan                c. Provide directions related to improving health,
          kebijakan sistem kesehatan, keselamatan,                     safety, security and environmental system
          keamanan, dan lingkungan.                                    policies.




                                                            Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                            327
                                                                Annual and Sustainability Report
Page 328
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




  13. Kewajiban pengawasan praktik-praktik Tata                 13. Obligations for Supervising Corporate Governance
      Kelola Perusahaan:                                            Practices:
       a. Membuat mekanisme pengawasan kebijakan                     a. Create a monitoring mechanism for corporate
          tata kelola Perusahaan;                                       governance policies;
       b. Membuat program pengawasan kebijakan tata                  b. Create a monitoring program for corporate
          kelola Perusahaan serta memasukkannya ke                      governance policies and include them in the
          dalam RKAP;                                                   RKAP;
       c. Memberikan arahan-arahan terkait perbaikan                 c. Provide directions regarding improvements to
          kebijakan tata kelola Perusahaan; dan                         corporate governance policies; And
       d. Melaporkan harta kekayaannya kepada Komisi                 d. Report his assets to the Corruption Eradication
          Pemberantasan Korupsi secara berkala sesuai                   Commission periodically in accordance with
          ketentuan yang berlaku.                                       applicable regulations.

 14. Kewajiban pengawasan mengenai perubahan                    14. Monitoring obligations regarding changes in the
     Lingkungan Bisnis:                                             Business Environment:
      a. Membuat mekanisme pengawasan perubahan                      a. Create a monitoring mechanism for changes
         lingkungan bisnis;                                             in the business environment;
      b. Membuat program pengawasan perubahan                        b. Create a monitoring program for changes in
         lingkungan bisnis serta memasukkannya ke                       the business environment and include it in the
         dalam RKAP; dan                                                RKAP; And
      c. Memberikan arahan-arahan terkait perbaikan                  c. Provide     directions   regarding      policy
         kebijakan terkait perubahan bisnis Perseroan.                  improvements related to changes in the
                                                                        Company's business.

  15. Kewajiban evaluasi kinerja Direksi, Komite, dan           15. Obligation to evaluate the performance of the
      Sekretariat Dewan Komisaris:                                  Board of Directors, Committees and the
                                                                    Secretariat of the Board of Commissioners:
      a. Membuat kebijakan mekanisme evaluasi kinerja                a. Create a policy for the performance evaluation
         Direksi, Komite, dan Sekretariat Dewan                         mechanism of the Board of Directors, Committees
         Komisaris;                                                     and the Secretariat of the Board of
                                                                        Commissioners;
      b. Menelaah kriteria, target, dan indikator kinerja            b. Review the criteria, targets and main
         utama    yang    tercakup     dalam     kontrak                performance indicators included in the
         manajemen Direksi/ rencana kerja/anggaran                      Directors' management contract/work plan/
         dasar baik individu maupun kolegial dan                        articles of association, both individual and
         menyampaikannya kepada Pemegang Saham                          collegial, and submit them to Shareholders;
      c. Membuat program evaluasi kinerja Direksi,                   c. Create a performance evaluation program for
         Komite, dan Sekretariat Dewan Komisaris; dan                   the Board of Directors, Committees and the
                                                                        Secretariat of the Board of Commissioners; And
      d. Memberikan arahan-arahan terkait hasil evaluasi             d. Provide directions regarding the performance
         kinerja Direksi, Komite, dan Sekretariat Dewan                 evaluation results of the Board of Directors,
         Komisaris.                                                     Committees and the Secretariat of the Board
                                                                        of Commissioners.

  16. Kewajiban terkait Etika Berusaha dan Anti-                16. Obligations related to Business Ethics and Anti-
      Korupsi:                                                      Corruption:
       a. Mendorong terciptanya perilaku etis dan                    a. Encourage the creation of ethical behavior and
          menjadikan dirinya sebagai teladan yang baik                  make himself a good role model for the
          bagi Direksi dan Pekerja Perseroan;                           Company's Directors and Employees;
       b. Bersikap dan bertindak berdasarkan unsur                   b. Behave and act based on elements of objectivity,
          objektivitas, profesional, dan independen demi                professionalism and independence for the
          kepetingan perseroan yang seimbang dengan                     interests of the company which are balanced
          kepentingan Stakeholders;                                     with the interests of Stakeholders;
       c. Mengedepankan prinsip-prinsip GCG dalam                    c. Prioritize GCG principles in dealing with partners,
          berhubungan dengan mitra, kreditur/investor,                  creditors/investors,    government        officials/
          pejabat/pegawai       pemerintah,      pelanggan;             employees, customers;
       d. Mematuhi pedoman peraturan perundangan                     d. Comply with the applicable laws and regulations
          dan peraturan Perseroan yang berlaku;                         of the Company;
       e. Menghindari praktik korupsi, kolusi, dan                   e. Avoiding practices of corruption, collusion and
          nepotisme;                                                    nepotism;
       f. Memberikan arahan-arahan terkait praktik-                  f. Provide directions regarding business ethics and
          praktik etika bisnis dan anti korupsi di Perseroan.           anti-corruption practices in the Company.




                       Laporan Tahunan dan Keberlanjutan
328                                                                                    PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 329
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  17. Kewajiban terkait pengadaan barang dan jasa:                  17. Obligations related to procurement of goods and
                                                                        services:
       a. Membuat kebijakan dan rencana mengenai                         a. Make policies and plans regarding monitoring
          pengawasan serta pemberian nasihat terhadap                       and providing advice on goods and services
          kebijakan pengadaan barang dan jasa beserta                       procurement policies and their implementation;
          pelaksanaannya;
       b. Melakukan pembahasan terhadap kebijakan                        b. Conduct discussions on procurement policies
          pengadaan dan pelaksanaannya; dan                                 and their implementation; And
       c. Menyampaikan arahan kepada Direksi tentang                     c. Provide direction to the Board of Directors
          kebijakan pengadaan dan pelaksanaannya.                           regarding procurement policies and their
                                                                            implementation.

  18. Kewajiban terkait tindakan terhadap potensi                  18. Obligations regarding action against potential
      benturan kepentingan:                                            conflicts of interest:
       a. Membuat kebijakan mengenai potensi benturan                   a. Create policies regarding potential conflicts of
          kepentingan       yang  dapat    mengganggu                      interest that could interfere with the
          pelaksanaan tugas Dewan Komisaris;                               implementation of the duties of the Board of
       b. Menandatangani pernyataan tidak memiliki                         Commissioners;
          benturan kepentingan dan menyatakan secara                    b. Sign a statement of having no conflict of interest
          tertulis hal-hal yang berpotensi menimbulkan                     and state in writing matters that have the
          benturan kepentingan terhadap Dewan                              potential to cause a conflict of interest for the
          Komisaris dan menyampaikannya kepada RUPS;                       Board of Commissioners and submit this to the
          dan                                                              GMS; And
       c. Melaporkan kepada Perseroan melalui Sekretaris                c. Report to the Company through the Corporate
          Perusahaan untuk dicatat dalam Daftar Khusus                     Secretary to be recorded in the Special Register
          mengenai kepemilikan saham Dewan Komisaris                       regarding share ownership of the Board of
          dan/ atau keluarganya pada perusahaan dan                        Commissioners and/or their families in the
          perusahaan lain.                                                 company and other companies.

PEMBAGIAN TUGAS DEWAN KOMISARIS                                 DIVISION OF DUTIES OF THE BOARD OF
                                                                COMMISSIONERS
Sepanjang Tahun 2023, Dewan Komisaris di dalam                  Throughout 2023, the Board of Commissioners in carrying
pelaksanaan tugasnya melakukan pembagian tugas dan              out its duties will divide its tasks and areas as follows:
bidang sebagai berikut:


        Nama               Jabatan                                  Area Tugas dan Tanggung Jawab
        Name               Position                                Areas of Duties and Responsibilities

 Said Aqil Siroj      Komisaris Utama /   a. Mengkoordinir segala upaya, kegiatan dan pekerjaan terkait tugas – tugas yang
                      President              dilaksanakan oleh Dewan Komisaris PT Kereta Api Indonesia (Persero), termasuk
                      Commissioner           atas tugas tertentu dalam rangka pengawasan dan penasihatan yang belum tercakup
                                             dalam pembagian tugas khusus penetapan ini. / Coordinating all efforts, activities
                                             and work related to the tasks carried out by the Board of Commissioners of PT
                                             Kereta Api Indonesia (Persero), including certain tasks in the context of supervision
                                             and advisory that are not covered in the division of special tasks of this determination.
                                          b. Bertindak untuk dan atas nama Dewan Komisaris PT Kereta Api Indonesia (Persero)
                                             dalam penyampaian secara tertulis hasil segala upaya, kegiatan dan pekerjaan
                                             pengawasan serta penasihatan tersebut atas kebijakan pengurusan, jalannya
                                             pengurusan baik mengenai Perseroan maupun usaha Perseroan yang dilakukan
                                             oleh Direksi PT Kereta Api Indonesia (Persero). / Acting for and on behalf of the
                                             Board of Commissioners of PT Kereta Api Indonesia (Persero) in submitting in
                                             writing the results of all efforts, activities and work of supervision and advisory
                                             on management policies, the course of management both regarding the Company
                                             and the Company's business carried out by the Board of Directors of PT Kereta
                                             Api Indonesia (Persero). / Acting for and on behalf of the Board of Commissioners
                                             of PT Kereta Api Indonesia (Persero) in submitting in writing the results of all
                                             efforts, activities and work of supervision and advisory on management policies,
                                             the course of management both regarding the Company and the Company's
                                             business carried out by the Board of Directors of PT Kereta Api Indonesia (Persero).
                                          c. Melaksanakan upaya, kegiatan dan pekerjaan lainnya untuk kepentingan PT Kereta
                                             Api Indonesia (Persero) sepanjang tidak bertentangan dengan ketentuan peraturan
                                             perundangan, peraturan perseroan, Anggaran Dasar dan/atau Keputusan RUPS.
                                             / Carrying out other efforts, activities and work for the benefit of PT Kereta Api
                                             Indonesia (Persero) as long as they do not conflict with the provisions of laws
                                             and regulations, company regulations, Articles of Association and/or GMS Decisions.




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                             Tata Kelola Perusahaan
                             Good Corporate Governance




       Nama           Jabatan                                  Area Tugas dan Tanggung Jawab
       Name           Position                                Areas of Duties and Responsibilities

 Riza Primadi     Komisaris /        Melaksanakan tugas khusus pada aspek sarana dan prasarana serta fasilitas
                  Commissioner       pendukungnya PT Kereta Api Indonesia (Persero), antara lain sebagai berikut: /
                                     Carrying out special tasks on the aspects of Rolling Stock and infrastructure and
                                     supporting facilities of PT Kereta Api Indonesia (Persero), including the following:
                                     a. Melaksanakan, identifikasi, assessment dan monitoring aspek pengadaan,
                                        penggunaan, perawatan serta fasilitas pendukungnya milik PT Kereta Api Indonesia
                                        (Persero), termasuk penerapan standarisasi kelayakannya. / Carrying out, identifying,
                                        assessing and monitoring aspects of procurement, use, maintenance and supporting
                                        facilities owned by PT Kereta Api Indonesia (Persero), including the
                                        implementation of standardization of their eligibility.
                                     b. Melakukan pengawasan atas kesehatan sarana, prasarana serta fasilitas pendukungnya
                                        milik PT Kereta Api Indonesia (Persero). / Carrying out supervision of the health
                                        of Rolling Stock, infrastructure and supporting facilities owned by PT Kereta Api
                                        Indonesia (Persero).
                                     c. Melaksanakan upaya, kegiatan dan pekerjaan lainnya pada aspek sarana, prasarana
                                        dan fasilitas pendukung perkeretaapian untuk kepentingan PT Kereta Api Indonesia
                                        (Persero) sepanjang tidak bertentangan dengan peraturan perundangan,
                                        peraturan perseroan, AD dan/atau Keputusan RUPS. / Carrying out efforts, activities
                                        and other work on aspects of Rolling Stock, infrastructure and supporting facilities
                                        of railways for the benefit of PT Kereta Api Indonesia (Persero) as long as they
                                        do not conflict with laws and regulations, company regulations, Articles of Association
                                        and/or GMS Decisions.
                                     d. Melakukan koordinasi lintas sektoral dan hubungan antar lembaga untuk kepentingan
                                        PT Kereta Api Indonesia (Persero). / Carrying out cross-sectoral coordination and
                                        inter-institutional relations for the benefit of PT Kereta Api Indonesia (Persero).
                                     e. Selaku anggota Dewan Komisaris PT Kereta Api Indonesia (Persero), melaporkan
                                        kepada Komisaris Utama Dewan Komisaris PT Kereta Api Indonesia (Persero) segala
                                        upaya, pekerjaan dan kegiatannya. / As a member of the Board of Commissioners
                                        of PT Kereta Api Indonesia (Persero), reporting to the President Commissioner of
                                        the Board of Commissioners of PT Kereta Api Indonesia (Persero) all efforts, work
                                        and activities.

 Endang Tirtana   Komisaris /        Melaksanakan tugas khusus pada aspek regulasi korporasi, Tata Kelola Perseroan
                  Commissioner       yang Baik (GCG) pada PT Kereta Api Indonesia (Persero), antara lain sebagai
                                     berikut: / Carrying out special tasks on the aspects of corporate regulation, Good
                                     Corporate Governance (GCG) at PT Kereta Api Indonesia (Persero), including the
                                     following:
                                     a. Melakukan identifikasi, assessment dan monitoring atas penerapan dan kepatuhan
                                        terhadap ketentuan peraturan perundangan dan ketentuan peraturan lainnya
                                        dalam operasional PT Kereta Api Indonesia (Persero), pelaksanaan Tata Kelola
                                        Perusahaan yang Baik (GCG) pada PT Kereta Api Indonesia (Persero). / Carrying
                                        out identification, assessment and monitoring of the implementation and
                                        compliance with the provisions of laws and regulations and other regulations in
                                        the operations of PT Kereta Api Indonesia (Persero), the implementation of Good
                                        Corporate Governance (GCG) at PT Kereta Api Indonesia (Persero).
                                     b. Melakukan pengawasan dan penasihatan atas penerapan segala ketentuan peraturan
                                        perundangan dan ketentuan peraturan lainnya dalam operasional PT Kereta Api
                                        Indonesia (Persero), pelaksanaan Tata Kelola Perusahaan yang Baik (GCG) pada
                                        PT Kereta Api Indonesia (Persero). / Carrying out supervision and advice on the
                                        implementation of all provisions of laws and regulations and other regulations
                                        in the operations of PT Kereta Api Indonesia (Persero), the implementation of
                                        Good Corporate Governance (GCG) at PT Kereta Api Indonesia (Persero).
                                     c. Melaksanakan upaya, kegiatan dan pekerjaan lainnya pada aspek regulasi korporasi,
                                        pelaksanaan Tata Kelola Perusahaan yang Baik (GCG) untuk kepentingan PT Kereta
                                        Api Indonesia (Persero) sepanjang tidak bertentangan peraturan perundangan,
                                        peraturan perseroan, anggaran dasar dan/atau keputusan RUPS. / Carrying out
                                        efforts, activities and other work on the aspects of corporate regulation, the
                                        implementation of Good Corporate Governance (GCG) for the benefit of PT Kereta
                                        Api Indonesia (Persero) as long as it does not conflict with laws and regulations,
                                        company regulations, articles of association and/or GMS decisions.
                                     d. Melakukan koordinasi lintas sektoral dan hubungan antar lembaga untuk kepentingan
                                        PT Kereta Api Indonesia (Persero). / Conduct cross-sectoral coordination and inter-
                                        institutional relations for the benefit of PT Kereta Api Indonesia (Persero).
                                     e. Selaku anggota Dewan Komisaris PT Kereta Api Indonesia (Persero), melaporkan
                                        kepada Komisaris Utama Dewan Komisaris PT Kereta Api Indonesia (Persero) segala
                                        upaya, pekerjaan dan kegiatannya. / As a member of the Board of Commissioners
                                        of PT Kereta Api Indonesia (Persero), report to the President Commissioner of the
                                        Board of Commissioners of PT Kereta Api Indonesia (Persero) all efforts, work
                                        and activities.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




        Nama               Jabatan                                Area Tugas dan Tanggung Jawab
        Name               Position                              Areas of Duties and Responsibilities

 Mohamad Risal        Komisaris /        Melaksanakan tugas khusus pada aspek manajemen risiko, PT KAI (Persero),
 Wasal                Commissioner       antara lain sebagai berikut: / Carrying out special tasks on the risk management
                                         aspect of PT KAI (Persero), including the following:
                                         a. Melakukan pengawasan dan penasihatan atas aspek manajemen risiko PT Kereta
                                            Api Indonesia (Persero) mulai tahap perencanaan, pengorganisasian, pelaksanaan
                                            sampai tahap pengendalian. / Carrying out supervision and advice on the risk
                                            management aspect of PT Kereta Api Indonesia (Persero) starting from the planning,
                                            organizing, implementation to the control stage.
                                         b. Melakukan pengawasan dan penasihatan atas penerapan dan pembangunan sistem
                                            manajemen risiko yang baik pada PT Kereta Api Indonesia (Persero), / Carrying
                                            out supervision and advice on the implementation and development of a good
                                            risk management system at PT Kereta Api Indonesia (Persero),
                                         c. Melaksanakan upaya, kegiatan dan pekerjaan lainnya pada aspek manajemen
                                            risiko untuk kepentingan PT Kereta Api Indonesia (Persero) sepanjang tidak
                                            bertentangan peraturan perundangan, peraturan perseroan, anggaran dasar dan/atau
                                            keputusan RUPS. / Carrying out efforts, activities and other work on the risk
                                            management aspect for the benefit of PT Kereta Api Indonesia (Persero) as long
                                            as it does not conflict with laws and regulations, company regulations, articles
                                            of association and/or GMS decisions.
                                         d. Melakukan koordinasi lintas sektoral dan hubungan antar lembaga untuk kepentingan
                                            PT Kereta Api Indonesia (Persero). / Carrying out cross-sectoral coordination and
                                            inter-institutional relations for the benefit of PT Kereta Api Indonesia (Persero).
                                         e. Selaku anggota Dewan Komisaris PT Kereta Api Indonesia (Persero), melaporkan
                                            kepada Komisaris Utama Dewan Komisaris PT Kereta Api Indonesia (Persero) segala
                                            upaya, pekerjaan dan kegiatannya. / As a member of the Board of Commissioners
                                            of PT Kereta Api Indonesia (Persero), report to the President Commissioner of the
                                            Board of Commissioners of PT Kereta Api Indonesia (Persero) all efforts, work
                                            and activities.

 Johan Sirait         Komisaris /        Melaksanakan tugas khusus pada aspek pemberdayaan aset PT Kereta Api
                      Commissioner       Indonesia (Persero), antara lain sebagai berikut: / Carrying out special tasks on
                                         the aspect of asset empowerment of PT Kereta Api Indonesia (Persero), including
                                         the following:
                                         a. Melaksanakan, identifikasi, assessment dan monitoring pada aspek pemberdayaan
                                            aset milik PT Kereta Api Indonesia (Persero). / Carrying out, identifying, assessing
                                            and monitoring the aspect of asset empowerment owned by PT Kereta Api Indonesia
                                            (Persero).
                                         b. Melakukan pengawasan atas kesehatan aset milik PT Kereta Api Indonesia (Persero).
                                            / Carrying out supervision of the health of assets owned by PT Kereta Api Indonesia
                                            (Persero).
                                         c. Melaksanakan upaya, kegiatan dan pekerjaan lainnya pada aspek pemberdayaan
                                            aset perkeretaapian untuk kepentingan PT Kereta Api Indonesia (Persero) sepanjang
                                            tidak bertentangan dengan peraturan perundangan, peraturan perseroan, AD
                                            dan/atau Keputusan RUPS. / Carrying out efforts, activities and other work on
                                            the aspect of railway asset empowerment for the benefit of PT Kereta Api Indonesia
                                            (Persero) as long as it does not conflict with laws and regulations, company
                                            regulations, Articles of Association and/or GMS Decisions.
                                         d. Melakukan koordinasi lintas sektoral dan hubungan antar lembaga untuk kepentingan
                                            PT Kereta Api Indonesia (Persero). / Carrying out cross-sectoral coordination and
                                            inter-institutional relations for the benefit of PT Kereta Api Indonesia (Persero).
                                         e. Selaku anggota Dewan Komisaris PT Kereta Api Indonesia (Persero), melaporkan
                                            kepada Komisaris Utama Dewan Komisaris PT Kereta Api Indonesia (Persero) segala
                                            upaya, pekerjaan dan kegiatannya. / As a member of the Board of Commissioners
                                            of PT Kereta Api Indonesia (Persero), reporting to the President Commissioner of
                                            the Board of Commissioners of PT Kereta Api Indonesia (Persero) all efforts, work
                                            and activities.




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                                                                  Annual and Sustainability Report
Page 332
                             Tata Kelola Perusahaan
                             Good Corporate Governance




       Nama           Jabatan                                 Area Tugas dan Tanggung Jawab
       Name           Position                               Areas of Duties and Responsibilities

 Chairul Anwar    Komisaris /        Melaksanakan tugas khusus pada aspek hukum, antara lain sebagai berikut: /
                  Commissioner       Carrying out special tasks on legal aspects, including the following:
                                     a. Melakukan identifikasi, assesment dan monitoring segala upaya, pekerjaan dan
                                        kegiatan pembinaan dan pemberdayaan hukum serta perundang-undangan yang
                                        berlaku dalam pengelolaan PT Kereta Api Indonesia (Persero) dan implikasinya.
                                        / Identifying, assessing and monitoring all efforts, work and activities for fostering
                                        and empowering law and legislation applicable in the management of PT Kereta
                                        Api Indonesia (Persero) and its implications.
                                     b. Memberikan penasihatan dan pendampingan dalam penanganan dan penyelesaian
                                        kasus-kasus hukum yang dapat menimbulkan kerugian bagi PT Kereta Api Indonesia
                                        (Persero). / Providing advice and assistance in handling and resolving legal cases
                                        that may cause losses to PT Kereta Api Indonesia (Persero).
                                     c. Melaksanakan upaya, kegiatan dan pekerjaan lainnya pada aspek hukum PT Kereta
                                        Api Indonesia (Persero) sepanjang tidak bertentangan dengan peraturan
                                        perundangan, AD dan/atau Keputusan RUPS. / Carrying out efforts, activities and
                                        other work on the legal aspects of PT Kereta Api Indonesia (Persero) as long as
                                        they do not conflict with laws and regulations, Articles of Association and/or GMS
                                        Decisions.
                                     d. Melakukan koordinasi lintas sektoral dan hubungan antar lembaga untuk kepentingan
                                        PT Kereta Api Indonesia (Persero). / Carrying out cross-sectoral coordination and
                                        inter-institutional relations for the benefit of PT Kereta Api Indonesia (Persero).
                                     e. Selaku anggota Dewan Komisaris PT Kereta Api Indonesia (Persero), melaporkan
                                        kepada Komisaris Utama Dewan Komisaris PT Kereta Api Indonesia (Persero) segala
                                        upaya, pekerjaan dan kegiatannya. / As a member of the Board of Commissioners
                                        of PT Kereta Api Indonesia (Persero), report to the President Commissioner of the
                                        Board of Commissioners of PT Kereta Api Indonesia (Persero) all efforts, work
                                        and activities.

 Sri Paduka       Komisaris /        Melaksanakan tugas khusus pada aspek keuangan dan anggaran PT Kereta Api
 Mangoenagoro X   Commissioner       Indonesia (Persero), antara lain sebagai berikut: / Carrying out special tasks on
                                     the financial and budget aspects of PT Kereta Api Indonesia (Persero), including
                                     the following:
                                     a. Melaksanakan evaluasi kinerja keuangan periodik, serta penyusunan program
                                        kerja dan anggaran tahunan perusahaan. / Carrying out periodic financial
                                        performance evaluations, as well as preparing the company's annual work program
                                        and budget.
                                     b. Melakukan pendampingan pelaksanaan audit terhadap PT Kereta Api Indonesia
                                        (Persero) yang dilakukan oleh auditor eksternal. / Providing assistance in the
                                        implementation of audits of PT Kereta Api Indonesia (Persero) carried out by
                                        external auditors.
                                     c. Melaksanakan upaya, kegiatan dan pekerjaan lainnya pada aspek keuangan dan
                                        anggaran untuk kepentingan PT Kereta Api Indonesia (Persero) sepanjang tidak
                                        bertentangan dengan peraturan perundangan, peraturan perseroan, AD dan/atau
                                        Keputusan RUPS. / Carrying out efforts, activities and other work on the financial
                                        and budget aspects for the benefit of PT Kereta Api Indonesia (Persero) as long
                                        as they do not conflict with laws and regulations, company regulations, Articles
                                        of Association and/or GMS Decisions.
                                     d. Melakukan koordinasi lintas sektoral dan hubungan antar lembaga untuk kepentingan
                                        PT Kereta Api Indonesia (Persero). / Carrying out cross-sectoral coordination and
                                        inter-institutional relations for the benefit of PT Kereta Api Indonesia (Persero).
                                     e. Selaku anggota Dewan Komisaris PT Kereta Api Indonesia (Persero), melaporkan
                                        kepada Komisaris Utama Dewan Komisaris PT Kereta Api Indonesia (Persero) segala
                                        upaya, pekerjaan dan kegiatannya. / As a member of the Board of Commissioners
                                        of PT Kereta Api Indonesia (Persero), reporting to the President Commissioner of
                                        the Board of Commissioners of PT Kereta Api Indonesia (Persero) all efforts, work
                                        and activities.




                  Laporan Tahunan dan Keberlanjutan
332                                                                                     PT Kereta Api Indonesia (Persero)
                    Annual and Sustainability Report
Page 333
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       Nama                Jabatan                                Area Tugas dan Tanggung Jawab
       Name                Position                              Areas of Duties and Responsibilities

 Diah Natalisa        Komisaris /        Melaksanakan tugas khusus pada aspek perencanaan/pengembangan Sumber
                      Commissioner       Daya Manusia dan organisasi PT Kereta Api Indonesia (Persero), antara lain
                                         sebagai berikut: / Carrying out special tasks in the aspect of planning/
                                         development of Human Resources and organization of PT Kereta Api Indonesia
                                         (Persero), including the following:
                                         a. Melaksanakan identifikasi, assessment dan monitoring terkait perencanaan,
                                            pengorganisasian, dan pengembangan sumber daya manusia dan organisasi PT
                                            Kereta Api Indonesia (Persero) / Carrying out identification, assessment and
                                            monitoring related to planning, organizing, and development of human resources
                                            and organization of PT Kereta Api Indonesia (Persero)
                                         b. Melaksanakan upaya, kegiatan dan pekerjaan lainnya pada aspek perencanaan
                                            dan pengembangan Sumber Daya Manusia dan organisasi PT Kereta Api Indonesia
                                            (Persero) sepanjang tidak bertentangan dengan peraturan perundangan, AD dan/
                                            atau Keputusan RUPS. / Carrying out efforts, activities and other work in the aspect
                                            of planning and development of Human Resources and organization of PT Kereta
                                            Api Indonesia (Persero) as long as it does not conflict with the laws and regulations,
                                            Articles of Association and/or GMS Decisions.
                                         c. Melakukan koordinasi lintas sektoral dan hubungan antar lembaga untuk kepentingan
                                            PT Kereta Api Indonesia (Persero). / Carrying out cross-sectoral coordination and
                                            inter-institutional relations for the benefit of PT Kereta Api Indonesia (Persero).
                                         d. Selaku anggota Dewan Komisaris PT Kereta Api Indonesia (Persero), melaporkan
                                            kepada Komisaris Utama Dewan Komisaris PT Kereta Api Indonesia (Persero) segala
                                            upaya, pekerjaan dan kegiatannya. / As a member of the Board of Commissioners
                                            of PT Kereta Api Indonesia (Persero), reporting to the President Commissioner of
                                            the Board of Commissioners of PT Kereta Api Indonesia (Persero) all efforts, work
                                            and activities.

 Rochadi              Komisaris /        Melaksanakan tugas pada aspek keselamatan, keamanan, ketertiban dan
                      Commissioner       operasional perkeretaapian PT Kereta Api Indonesia (Persero), antara lain sebagai
                                         berikut: / Carrying out tasks on the safety, security, order and operational aspects
                                         of PT Kereta Api Indonesia (Persero), including the following:
                                         a. Melaksanakan identifikasi, assessment dan monitoring terkait perencanaan,
                                            pengorganisasian, pelaksanaan, pengendalian sampai dengan pelaporan serta
                                            yang berhubungan dengan potensi gangguan yang dapat menimbulkan
                                            terganggunya keselamatan, ketertiban, ketepatan waktu, pelayanan dan
                                            kenyamanan operasional perkeretaapian dan terjadinya gangguan nyata pada
                                            operasional perkeretaapian. / Carrying out identification, assessment and monitoring
                                            related to planning, organizing, implementing, controlling up to reporting and
                                            those related to potential disturbances that can disrupt safety, order, punctuality,
                                            service and comfort of railway operations and real disturbances to railway
                                            operations.
                                         b. Melaksanakan upaya, kegiatan dan pekerjaan lainnya pada aspek keselamatan,
                                            keamanan, ketertiban dan operasional PT Kereta Api Indonesia (Persero) sepanjang
                                            tidak bertentangan dengan peraturan perundangan, AD dan/atau Keputusan RUPS.
                                            / Carrying out efforts, activities and other work on the safety, security, order and
                                            operational aspects of PT Kereta Api Indonesia (Persero) as long as they do not
                                            conflict with laws and regulations, Articles of Association and/or GMS Decisions.
                                         c. Melakukan koordinasi lintas sektoral dan hubungan antar lembaga untuk kepentingan
                                            PT Kereta Api Indonesia (Persero). / Carrying out cross-sectoral coordination and
                                            inter-institutional relations for the benefit of PT Kereta Api Indonesia (Persero).
                                         d. Selaku Anggota Dewan Komisaris PT Kereta Api Indonesia (Persero), melaporkan
                                            kepada Komisaris Utama Dewan Komisaris PT Kereta Api Indonesia (Perseo) segala
                                            upaya, pekerjaan dan kegiatannya. / As a Member of the Board of Commissioners
                                            of PT Kereta Api Indonesia (Persero), reporting to the President Commissioner of
                                            the Board of Commissioners of PT Kereta Api Indonesia (Perseo) all efforts, work
                                            and activities.




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                                                                  Annual and Sustainability Report
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                                Tata Kelola Perusahaan
                                Good Corporate Governance




BOARD MANUAL DEWAN KOMISARIS                                BOARD MANUAL OF THE BOARD OF
                                                            COMMISSIONERS
Dewan Komisaris melaksanakan tugas dan tanggung             The Board of Commissioners carries out its duties and
jawab dengan mengacu pada tata laksana kerja yang           responsibilities by referring to the work procedures
termuat di dalam Board Manual.                              contained in the Board Manual.

Lebih lanjut, Board Manual merupakan pedoman yang           Furthermore, the Board Manual is a guideline that
menjelaskan tahapan aktivitas kerja Dewan Komisaris         explains the stages of the Board of Commissioners' work
secara terstruktur, sistematis, mudah dipahami, dan         activities in a structured, systematic, easy to understand
dapat dijalankan secara konsisten, sehingga dapat           and can be carried out consistently, so that it can serve
menjadi pedoman pelaksanaan tugas bagi masing-masing        as a guideline for carrying out the duties of each member
anggota Dewan Komisaris.                                    of the Board of Commissioners.

Board Manual disusun berdasarkan prinsip-prinsip            The Board Manual is prepared based on the principles
hukum korporasi, ketentuan Anggaran Dasar Perseroan,        of corporate law, the provisions of the Company's Articles
peraturan perundang-undangan yang berlaku, arahan           of Association, applicable laws and regulations,
Pemegang Saham serta praktik-praktik terbaik (best          Shareholder directives and best practices (best practices)
practices) Good Corporate Governance. Board Manual          Good Corporate Governance. The Company's Board
Perseroan ditetapkan melalui Keputusan Bersama Dewan        Manual was established through Joint Decree of the Board
Komisaris dan Direksi Nomor 04/CH/KOM/ III/2017 dan         of Commissioners and Directors Number 04/CH/KOM/
Nomor KEP.U/KO.101/III/15/KA-2017 tentang Panduan Tata      III/2017  and      Number      KEP.U/KO.101/III/15/KA-2017
Kerja Dewan Komisaris dan Direksi (Board Manual) PT         concerning Guidelines for the Work Procedures of the
Kereta Api Indonesia (Persero) tanggal 16 Maret 2017.       Board of Commissioners and Directors (Board Manual)
                                                            PT Kereta Api Indonesia (Persero) on March 16 th, 2017.

Board Manual memuat pedoman kerja Dewan Komisaris,          The Board Manual contains the work guidelines for the
dengan perincian berikut:                                   Board of Commissioners, with the following details:
  1. Persyaratan dan Komposisi Dewan Komisaris                1. Requirements and Composition of the Board of
                                                                  Commissioners
  2. Masa Jabatan Dewan Komisaris                             2. Term of Office of the Board of Commissioners
  3. Program Pengenalan dan Peningkatan Kapabilitas           3. Introduction and Capability Building Program
  4. Tugas, Wewenang dan Kewajiban Dewan Komisaris            4. Duties, Authorities and Obligations of the Board of
                                                                  Commissioners
  5. Tanggung Jawab Dewan Komisaris                           5. Responsibilities of the Board of Commissioners
  6. Hak Dewan Komisaris                                      6. Rights of the Board of Commissioners
  7. Komisaris Independen                                     7. Independent Commissioners
  8. Etika Jabatan                                            8. Department Ethics
  9. Rapat Dewan Komisaris                                    9. Board of Commissioners Meetings
  10. Komite-komite Dewan Komisaris                           10. Committees of the Board of Commissioners
  11. Sekretaris Dewan Komisaris                              11. Secretary to the Board of Commissioners

KOMISARIS INDEPENDEN                                        INDEPENDENT COMMISSIONER
Komisaris Independen merupakan anggota Dewan                Independent Commissioners are members of the Board
Komisaris yang tidak memiliki hubungan keuangan,            of Commissioners who do not have financial,
pengurusan, kepemilikan saham dan/atau hubungan             management, share ownership and/or family relationships
keluarga dengan anggota Dewan Komisaris lainnya,            with other members of the Board of Commissioners,
Direksi dan/atau pemegang saham, pengendali atau            Directors and/or shareholders, controllers or other
hubungan      lain  yang   dapat   mempengaruhi             relationships that could affect their ability to act
kemampuannya untuk bertindak secara independen.             independently.




                     Laporan Tahunan dan Keberlanjutan
334                                                                                 PT Kereta Api Indonesia (Persero)
                       Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KRITERIA ANGGOTA DEWAN KOMISARIS                             CRITERIA FOR THE BOARD OF
[GRI 2-10]                                                   COMMISSIONERS [GRI 2-10]
Dewan Komisaris memiliki peran penting dalam                 The Board of Commissioners plays a crucial role in
pelaksanaan prinsip-prinsip GCG. KAI telah memastikan        implementing GCG principles. KAI has ensured that all
seluruh anggota Dewan Komisaris memiliki kompetensi          members of the Board of Commissioners possess high-level
tinggi yang sesuai dengan kebutuhan organisasi. Dewan        competencies that align with the organization's needs.
Komisaris yang menjabat juga sudah memenuhi syarat           The serving Board of Commissioners also meets the
materiil dan syarat formil sebagaimana diatur pada pasal     material and formal requirements as stipulated in Articles
15 dan pasal 16, Peraturan Menteri Badan Usaha Milik         15 and 16 of the Regulation of the Minister of State-
Negara Republik Indonesia Nomor PER-3/MBU/03/2023            Owned Enterprises of the Republic of Indonesia Number
tentang Organ Dan Sumber Daya Manusia Badan Usaha            PER-3/MBU/03/2023 concerning the Organs and Human
Milik Negara, sebagai berikut:                               Resources of State-Owned Enterprises, as follows:

  1. Dewan Komisaris sudah memenuhi syarat materiil,            1. The Board of Commissioners meets the material
     di antaranya:                                                 requirements, including:
      a. Integritas;                                                a. Integrity;
      b. Dedikasi;                                                  b. Dedication;
      c. Memahami masalah-masalah manajemen                         c. Understanding of company management issues
         perusahaan yang berkaitan dengan salah satu                   related to one of the management functions;
         fungsi manajemen;
      d. Memiliki pengetahuan yang memadai di bidang                d. Adequate knowledge in the business field where
         usaha di mana yang bersangkutan dicalonkan;                   they are nominated; and
         dan
      e. Dapat menyediakan waktu yang cukup untuk                   e. The ability to allocate sufficient time to carry
         melaksanakan tugasnya.                                        out their duties.
  2. Dewan Komisaris sudah memenuhi syarat formal,              2. The Board of Commissioners meets the formal
     di antaranya:                                                 requirements, including:
      a. Orang perseorangan;                                        a. Being an individual person;
      b. Mampu melaksanakan perbuatan hukum;                        b. The ability to perform legal acts;
      c. Tidak pernah dinyatakan pailit dalam waktu 5               c. Never declared bankrupt within 5 (five) years
         (lima) tahun sebelum pengangkatan;                            prior to appointment;
      d. Tidak pernah menjadi anggota Direksi atau                  d. Never served as a member of the Board of
         anggota Dewan Komisaris/Dewan Pengawas                        Directors or Board of Commissioners/Supervisory
         yang dinyatakan bersalah menyebabkan suatu                    Board who was found guilty of causing a State-
         BUMN, Anak Perusahaan dan/atau badan usaha                    Owned Enterprise, Subsidiary, and/or other
         lainnya dinyatakan pailit dalam waktu 5 (lima)                business entity to be declared bankrupt within
         tahun sebelum pengangkatan; dan                               5 (five) years prior to appointment; and
      e. Tidak pernah dihukum karena melakukan                      e. Never convicted of a criminal offense that caused
         tindak pidana yang merugikan keuangan                         financial harm to the State, State-Owned
         Negara, BUMN, Anak Perusahaan, badan usaha                    Enterprises, Subsidiaries, other business entities,
         lainnya dan/atau yang berkaitan dengan                        and/or related to the financial sector within 5
         sektor keuangan dalam waktu 5 (lima) tahun                    (five) years prior to appointment.
         sebelum pengangkatan.

Perseroan memastikan bahwa seluruh anggota Dewan             The Company ensures that all members of the Board of
Komisaris yang menjabat per 31 Desember 2023 sudah           Commissioners serving as of December 31 st, 2023, meet
memenuhi persyaratan formal dan materiil, serta memiliki     both formal and material requirements and possess the
kompetensi dan keahlian yang dibutuhkan demi                 necessary competencies and expertise to achieve the
tercapainya tujuan dan kepentingan terbaik perusahaan.       company's goals and best interests.

Pada tahun 2023, tidak terdapat perubahan komposisi          In 2023, there were no changes in the composition of
Dewan Komisaris, sehingga Dewan Komisaris Perseroan          the Board of Commissioners. Therefore, the Company's
berjumlah 9 orang yang terdiri dari 1 orang Komisaris        Board of Commissioners consists of 9 members, including
Utama yang juga Komisaris Independen, 5 orang                1 President Commissioner who is also an Independent
Komisaris dan 3 orang Komisaris Independen. Jumlah           Commissioner, 5 Commissioners, and 3 Independent
Komisaris Independen mencapai 4 orang atau 44,44%            Commissioners.     The   number       of   Independent
dari keseluruhan anggota Dewan Komisaris, telah              Commissioners reaches 4, or 44.44% of the total members
memenuhi syarat minimal 30% yang ditetapkan pada             of the Board of Commissioners, exceeding the minimum
Peraturan OJK No. 33/POJK.04/2014 tentang Jumlah             requirement of 30% as stipulated in OJK Regulation No.
anggota Dewan Komisaris Perseroan.                           33/POJK.04/2014 on the Number of Members of the Board
                                                             of Commissioners of the Company.




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Komposisi Dewan Komisaris per 31 Desember 2023,               The composition of the Board of Commissioners as of
perubahan komposisi Dewan Komisaris KAI, serta                December 31 st, 2023, changes in the composition of KAI's
hubungan afiliasi Dewan Komisaris telah disampaikan           Board of Commissioners, and the affiliation relationships
pada bab Profil Perusahan.                                    of the Board of Commissioners are detailed in the
                                                              Company Profile section.

Pengelolaan Benturan Kepentingan Dewan Komisaris              Management of Conflict of Interest by the Board of
[GRI 2-15]                                                    Commissioners [GRI 2-15]
Pengelolaan benturan kepentingan Dewan Komisaris              The management of conflicts of interest for the
Perseroan telah mematuhi ketentuan Peraturan OJK No.          Company’s Board of Commissioners complies with the
42/ POJK.04/2020 tentang Transaksi Afiliasi dan Transaksi     provisions of OJK Regulation No. 42/POJK.04/2020
Benturan Kepentingan. Perseroan menerapkan sejumlah           regarding Affiliate Transactions and Conflicts of Interest
prinsip    untuk   mencegah    terjadinya      benturan       Transactions. The Company applies several principles to
kepentingan dan implikasi lanjutan yang sering                prevent conflicts of interest and their potential
ditimbulkannya antara lain sebagai berikut:                   implications, including:

  1. Dewan Komisaris selalu menghindari adanya                  1. The Board of Commissioners always avoids conflicts
     benturan kepentingan di dalam melaksanakan                    of interest while performing their duties. They must
     tugasnya.    Dewan     Komisaris   tidak     akan             not use their position for personal gain or for the
     memanfaatkan jabatan untuk kepentingan pribadi                benefit of others.
     atau untuk kepentingan orang atau pihak lain yang
     terkait;
  2. Dewan Komisaris harus menghindari setiap aktivitas         2. The Board of Commissioners must avoid any
     yang dapat mempengaruhi independensinya                       activities that could affect their independence in
     dalam tugas pengawasan Perseroan;                             overseeing the Company.
  3. Dewan Komisaris berkewajiban mengisi Daftar                3. The Board of Commissioners is required to complete
     Khusus yang berisikan kepemilikan sahamnya dan                a Special List detailing their and/or their family's
     atau keluarganya pada perusahaan lain;                        shareholdings in other companies.
  4. Apabila terjadi benturan kepentingan, maka harus           4. If a conflict of interest occurs, it must be disclosed,
     diungkapkan, dan Dewan Komisaris yang                         and the involved Board member must refrain from
     bersangkutan tidak boleh melibatkan diri dalam                participating in the decision-making process of the
     proses pengambilan keputusan Perseroan;                       Company.
  5. Dewan     Komisaris    berkewajiban    membuat             5. The Board of Commissioners is obligated to make
     pernyataan mengenai benturan kepentingan                      statements regarding conflicts of interest related
     terhadap hal-hal yang termaktub dalam Rencana                 to matters specified in the Company’s Work Plan
     Kerja dan Anggaran Perusahaan                                 and Budget.




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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




RAPAT DEWAN KOMISARIS                                        BOARD OF COMMISSIONERS MEETING
Kebijakan Rapat                                              Meeting Policy
Sesuai ketentuan di dalam peraturan yang berlaku,            In accordance with the provisions in the applicable
Anggaran Dasar dan Board Manual, Dewan Komisaris             regulations, Articles of Association and Board Manual,
mengadakan rapat dengan uraian kebijakan sebagai             the Board of Commissioners held a meeting with the
berikut:                                                     following policy description:

  1. Umum                                                       1. General
      a. Rapat Dewan Komisaris harus diadakan secara                a. Board of Commissioners meetings must be held
         berkala, sekurang-kurangnya sekali dalam                      periodically, at least once a month, and at these
         setiap bulan, dan dalam rapat tersebut Dewan                  meetings the Board of Commissioners can invite
         Komisaris dapat mengundang Direksi.                           the Directors.
      b. Dewan Komisaris harus menetapkan tata tertib               b. The Board of Commissioners must determine
         rapat Dewan Komisaris.                                        the rules for meetings of the Board of
                                                                       Commissioners.
       c. Segala keputusan Dewan Komisaris diambil                  c. All decisions of the Board of Commissioners are
          dalam rapat Dewan Komisaris.                                 taken at Board of Commissioners meetings.
       d. Keputusan dapat pula diambil di luar rapat                d. Decisions can also be taken outside the Board
          Dewan Komisaris sepanjang seluruh anggota                    of Commissioners meeting as long as all
          Dewan Komisaris setuju tentang cara dan materi               members of the Board of Commissioners agree
          yang diputuskan.                                             on the method and material being decided.
       e. Mekanisme pemanggilan rapat:                              e. Meeting calling mechanism:
           1) Panggilan rapat gabungan disampaikan                      1) The invitation to a joint meeting is
               secara tertulis oleh Komisaris Utama atau                     delivered in writing by the President
               oleh anggota Dewan Komisaris yang                             Commissioner or by a member of the
               ditunjuk oleh Komisaris Utama dan                             Board of Commissioners appointed by the
               disampaikan dalam jangka waktu paling                         President Commissioner and delivered no
               lambat 3 (tiga) hari sebelum rapat                            later than 3 (three) days before the
               diadakan atau dalam waktu yang lebih                          meeting is held or within a shorter time
               singkat jika dalam keadaan mendesak,                          if in urgent circumstances, taking into
               dengan     memperhitungkan        tanggal                     account the date call and meeting date.
               panggilan dan tanggal rapat.
           2) Panggilan rapat sebagaimana dimaksud                       2)  The invitation to the meeting as referred
               pada huruf a harus mencantumkan acara,                        to in letter a must include the agenda,
               tanggal, waktu dan tempat rapat.                              date, time and place of the meeting.
           3) Panggilan rapat tersebut tidak disyaratkan                 3) The summons to the meeting is not
               apabila semua anggota Dewan Komisaris                         required if all members of the Board of
               dan Direksi hadir dalam rapat.                                Commissioners and Directors are present
                                                                             at the meeting.
       f. Dalam setiap rapat Dewan Komisaris harus                  f. At each meeting of the Board of Commissioners,
          dibuat risalah rapat berisi hal–hal yang                     minutes of the meeting must be prepared
          dibicarakan (termasuk pendapat berbeda/                      containing the matters discussed (including
          dissenting opinion                                           different opinions/dissenting opinion members
                                                                       of the Board of Commissioners, if any) and
                                                                       matters decided.
       g. Risalah rapat harus menggambarkan jalannya                g. Meeting minutes should describe the
          rapat. Hal ini penting untuk dapat melihat                   proceedings of the meeting. This is important
          proses pengambilan keputusan dan sekaligus                   to be able to see the decision-making process
          menjadi dokumen hukum dan alat bukti yang                    and at the same time be a legal document and
          sah untuk menentukan akuntabilitas dari hasil                valid evidence to determine accountability for
          suatu keputusan rapat. Untuk itu risalah rapat               the results of a meeting decision. For this
          harus mencantumkan:                                          reason, the minutes of the meeting must
                                                                       include:
           i.     Tempat, tanggal dan waktu rapat                        i.  Place, date and time of meeting held;
                  diadakan;
           ii.    Agenda yang dibahas;                                   ii.    Agenda discussed;
           iii.   Daftar hadir yang ditandatangani oleh                  iii.   Attendance list signed by each meeting
                  setiap peserta rapat;                                         participant;
           iv.    Berbagai pendapat yang terdapat dalam                  iv.    Various opinions found in the meeting
                  rapat termasuk dissenting opinion;                            include dissenting opinion;
           v.     Siapa yang mengemukakan pendapat;                      v.     Who presented the opinion;
           vi.    Proses pengambilan keputusan;                          vi.    Decision making process;




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          vii. Keputusan yang diambil; dan                         vii. Decisions taken;
          viii. Pernyataan keberatan terhadap keputusan            viii. Statement of objection to the decision of
                rapat apabila tidak terjadi kebulatan                    the meeting when there is no unanimity
                pendapat.                                                of opinion.
      h. Risalah rapat ditandatangani oleh Ketua Rapat        h. The minutes of the meeting are signed by the
         dan seluruh anggota Dewan Komisaris yang                Chairman of the Meeting and all members of
         hadir dalam rapat.                                      the Board of Commissioners who were present
                                                                 at the meeting.
      i. Asli risalah rapat Dewan Komisaris disampaikan       i. The original minutes of the Board of
         kepada Direksi untuk disimpan dan dipelihara,           Commissioners' meetings are submitted to the
         sedangkan Dewan Komisaris menyimpan                     Board of Directors to be kept and maintained,
         salinannya.                                             while the Board of Commissioners keeps a copy.
      j. Rapat Dewan Komisaris dianggap sah apabila           j. Meetings of the Board of Commissioners are
         diadakan di tempat kedudukan Perseroan atau             considered valid when held at the Company's
         di tempat lain di dalam wilayah Republik                location or at another location within the
         Indonesia.                                              territory of the Republic of Indonesia.
      k. Dewan Komisaris mengadakan rapat paling              k. The Board of Commissioners holds a meeting
         sedikit setiap bulan sekali, dalam rapat tersebut       at least once a month, at which meeting the
         Dewan Komisaris agar dan/atau dapat                     Board of Commissioners may invite and/or invite
         mengundang Direksi.                                     the Board of Directors.
      l. Dewan Komisaris dapat mengadakan rapat               l. The Board of Commissioners may hold
         sewaktu– waktu atas pemintaan 1 (satu) atau             meetings at any time at the request of 1 (one)
         beberapa       anggota      Dewan     Komisaris,        or several members of the Board of
         permintaan Direksi, atau atas permintaan                Commissioners, at the request of the Board of
         tertulis dari 1 (satu) atau beberapa Pemegang           Directors, or at the written request of 1 (one) or
         Saham yang mewakili sekurang-kurangnya 1/10             several Shareholders representing at least 1/10
         (satu per sepuluh) jumlah saham dengan hak              (one tenth) of the total shares with voting
         suara, dengan menyebutkan hal-hal yang akan             rights, stating the matters to be discussed.
         dibicarakan.
      m. Panggilan rapat Dewan Komisaris disampaikan          m. Summons for meetings of the Board of
         secara tertulis oleh Komisaris Utama atau oleh          Commissioners are delivered in writing by the
         anggota Komisaris yang ditunjuk oleh Komisaris          President Commissioner or by members of the
         Utama dan disampaikan dalam jangka waktu                Board of Commissioners appointed by the
         paling lambat 3 (tiga) hari sebelum rapat               President Commissioner and delivered no later
         diadakan atau dalam waktu yang lebih singkat            than 3 (three) days before the meeting is held
         jika dalam keadaan mendesak, dengan tidak               or within a shorter time if in urgent
         memperhitungkan tanggal panggilan dan                   circumstances, without taking into account the
         tempat rapat.                                           date of the summons. and meeting place.
      n. Panggilan rapat harus mencantumkan acara,            n. The meeting call must include the event, date,
         tanggal waktu dan tempat rapat.                         time and place of the meeting.
      o. Panggilan rapat tersebut tidak disyaratkan           o. The meeting call is not required when all
         apabila semua anggota Dewan Komisaris hadir             members of the Board of Commissioners are
         dalam rapat.                                            present in the meeting.
      p. Rapat Dewan Komsaris adalah sah dan berhak           p. Board of Commissioners meetings are valid and
         mengambil keputusan yang mengikat apabila               have the right to make binding decisions when
         dihadiri atau diwakili oleh 1/2 (satu per dua)          attended or represented by 1/2 (one-half) of the
         jumlah anggota Dewan Komisaris.                         total members of the Board of Commissioners.
      q. Dalam mata acara lain-lain, rapat Dewan              q. In other agenda items, the Board of
         Komisaris tidak berhak mengambil keputusan              Commissioners meeting does not have the right
         kecuali semua anggota Dewan Komisaris atau              to make decisions unless all members of the
         wakilnya yang sah hadir dan menyetujui                  Board of Commissioners or their authorized
         penambahan mata acara rapat.                            representatives are present and agree to
                                                                 additional meeting agenda items.
      r. Seorang anggota Komisaris dapat diwakili             r. A member of the Board of Commissioners may
         dalam rapat hanya oleh satu anggota Komisaris           be represented at a meeting only by one other
         lainnya berdasarkan kuasa tertulis yang                 member of the Board of Commissioners based
         diberikan khusus untuk keperluan ini.                   on a written authorization given specifically for
                                                                 this purpose.
      s. Semua rapat Dewan Komisaris dipimpin oleh            s. All meetings of the Board of Commissioners are
         Komisaris Utama.                                        chaired by the President Commissioner.




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                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       t. Dalam hal Komisaris Utama tidak hadir atau                    t. In the event that the President Commissioner
          berhalangan, rapat Dewan Komisaris dipimpin                      is absent or unable to attend, the meeting of
          oleh seorang Komisaris lainnya yang ditunjuk                     the Board of Commissioners is chaired by
          oleh Komisaris Utama.                                            another Commissioner appointed by the
                                                                           President Commissioner.
       u. Dalam hal Komisaris Utama tidak melakukan                     u. In the event that the President Commissioner
          penunjukan, maka anggota Komisaris yang                          does not make an appointment, the member
          paling lama menjabat sebagai anggota                             of Commissioners who has served as a member
          Komisaris bertindak sebagai pimpinan rapat                       of the Board of Commissioners the longest acts
          Dewan Komisaris.                                                 as chairman of the meeting of the Board of
                                                                           Commissioners.
       v. Dalam hal anggota Komisaris yang paling lama                  v. In the event that more than one member of
          menjabat sebagai anggota Dewan Komisaris                         the Board of Commissioners has served the
          lebih dari satu orang, maka anggota Dewan                        longest as a member of the Board of
          Komisaris yang tertua dalam usia bertindak                       Commissioners, then the member of the Board
          sebagai pimpinan rapat.                                          of Commissioners who is the oldest in age acts
                                                                           as chairman of the meeting.
       w. Semua keputusan rapat Dewan Komisaris                         w. All decisions at Board of Commissioners
          diambil dengan musyawarah untuk mufakat.                         meetings are taken by deliberation to reach
                                                                           consensus.
       x. Apabila melalui musyawarah tidak tercapai                     x. If a consensus cannot be reached through
          mufakat, maka keputusan rapat Dewan Komisaris                    deliberation, then the decision at the Board of
          diambil dengan suara terbanyak.                                  Commissioners meeting is taken by majority
                                                                           vote.
       y. Setiap anggota Dewan Komisaris berhak untuk                   y. Each member of the Board of Commissioners
          mengeluarkan 1 (satu) suara ditambah 1 (satu)                    has the right to cast 1 (one) vote plus 1 (one)
          suara untuk anggota Dewan Komisaris yang                         vote for the member of the Board of
          diwakilinya.                                                     Commissioners he represents.
       z. Apabila jumlah suara yang setuju dan tidak                    z. If the number of votes agreeing and
          setuju sama banyaknya, maka keputusan rapat                      disagreeing is the same, then the decision of
          adalah yang sama dengan pendapat pimpinan                        the meeting is the same as the opinion of the
          rapat, dengan tetap memperhatikan ketentuan                      chairman of the meeting, while still paying
          mengenai     pertanggungjawaban       kecuali                    attention     to   the   provisions  regarding
          mengenai diri orang, pengambilan keputusan                       accountability except regarding individuals,
          rapat dilakukan dengan pemilihan secara                          decision making at the meeting is carried out
          tertutup.                                                        by closed voting.
            i.  Suara blangko (abstain) dianggap                             i.  A blank vote (abstain) is deemed to
                menyetujui hasil keputusan rapat.                                approve the results of the meeting
                                                                                 decision.
           ii.    Dalam hal usulan lebih dua alternatif dan                  ii. In the event that there are more than two
                  hasil     pemungutan       suara    belum                      alternative proposals and the voting
                  mendapatkan satu alternatif dengan suara                       results have not received one alternative
                  lebih dari 1/2 (satu per dua) bagian dari                      with more than 1/2 (one-half) of the total
                  jumlah suara yang dikeluarkan, maka                            votes cast, then a re-election will be
                  dilakukan pemilihan ulang terhadap dua                         carried out on the two proposals that
                  usulan yang memperoleh suara lebih dari                        received more than 1/2 of the votes. (one
                  1/2 (satu per dua) bagian dari jumlah yang                     half) part of the amount issued.
                  dikeluarkan.
           iii.   Suara yang tidak sah dianggap tidak ada                    iii.   Invalid votes are considered non-existent
                  dan tidak dihitung dalam menentukan                               and are not counted in determining the
                  jumlah suara yang dikeluarkan dalam                               number of votes cast at the meeting.
                  rapat.
           iv.    Jumlah rapat Dewan Komisaris dan                           iv.    The number of meetings of the Board of
                  jumlah      kehadiran      masing-masing                          Commissioners and the number of
                  anggota Dewan Komisaris harus dimuat                              attendance of each member of the Board
                  dalam Laporan Tahunan BUMN.                                       of Commissioners must be included in the
                                                                                    SOE Annual Report.




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  2. Jenis Rapat                                               2. Type of Meeting
      a. Rapat Internal Dewan Komisaris                            a. Internal    Meeting       of    the     Board   of
                                                                      Commissioners
          i.     Rapat Dewan Komisaris harus diadakan                   i.  Board of Commissioners meetings must
                 secara berkala, sekurang-kurangnya sekali                  be held periodically, at least once a month,
                 dalam setiap bulan, dan dalam rapat                        and at these meetings the Board of
                 tersebut    Dewan      Komisaris   dapat                   Commissioners may invite the Board of
                 mengundang Direksi.                                        Directors.
          ii.    Dewan Komisaris dapat mengadakan rapat                 ii. The Board of Commissioners may hold a
                 sewaktu–waktu atas pemintaan 1 (satu)                      meeting at any time at the request of 1
                 atau beberapa anggota Dewan Komisaris,                     (one) or several members of the Board of
                 permintaan Direksi, atau atas permintaan                   Commissioners, at the request of the Board
                 tertulis dari 1 (satu) atau beberapa                       of Directors, or at the written request of 1
                 Pemegang      Saham     yang     mewakili                  (one)      or     several       Shareholders
                 sekurang-kurangnya 1/10 (satu per                          representing at least 1/10 (one tenth). )
                 sepuluh) jumlah saham dengan hak suara,                    number of shares with voting rights,
                 dengan menyebutkan hal – hal yang akan                     stating the matters to be discussed.
                 dibicarakan.
          iii.   Rapat Dewan Komisaris dan komite-                     iii.   Meetings of the Board of Commissioners
                 komite Dewan Komisaris merupakan                             and committees of the Board of
                 Rapat Dewan Komisaris dalam rangka                           Commissioners are meetings of the Board
                 membahas laporan-laporan periodik                            of Commissioners in order to discuss the
                 komite.                                                      committee's periodic reports.

      b. Rapat Dewan Komisaris dan Direksi Rapat                   b. Meetings of the Board of Commissioners and
         gabungan merupakan rapat Dewan Komisaris                     Directors A joint meeting is a meeting of the
         yang mengundang Direksi dan/atau dapat juga                  Board of Commissioners which invites the
         dilakukan atas usulan Direksi berikut agenda                 Directors and/or can also be held based on a
         yang akan dibahas dalam rapat.                               proposal from the Directors along with the
                                                                      agenda to be discussed at the meeting.

  3. Mekanisme Rapat                                           3. Meeting Mechanisms
      a. Rapat Dewan Komisaris diadakan di tempat                  a. Board of Commissioners meetings are held at
         kedudukan Perseroan atau di tempat lain di                   the Company's domicile or at other places
         dalam wilayah Republik Indonesia.                            within the territory of the Republic of Indonesia.
      b. Panggilan rapat Dewan Komisaris disampaikan               b. Summons for meetings of the Board of
         secara tertulis oleh Komisaris Utama atau oleh               Commissioners are delivered in writing by the
         anggota Komisaris yang ditunjuk oleh Komisaris               President Commissioner or by members of the
         Utama dan disampaikan dalam jangka waktu                     Board of Commissioners appointed by the
         paling lambat 3 (tiga) hari sebelum rapat                    President Commissioner and delivered no later
         diadakan atau dalam waktu yang lebih singkat                 than 3 (three) days before the meeting is held
         jika dalam keadaan mendesak, dengan tidak                    or within a shorter time if in urgent
         memperhitungkan tanggal panggilan dan                        circumstances, without taking into account the
         tempat rapat.                                                date of the summons. and meeting place.
      c. Panggilan rapat harus mencantumkan agenda/                c. The meeting invitation must include the
         acara, tanggal waktu dan tempat rapat.                       agenda/event, date, time and place of the
                                                                      meeting.
      d. Agenda     rapat   mengacu    pada    dan                 d. The meeting agenda refers to and uses the
         menggunakan program kerja tahunan Dewan                      annual work program of the Board of
         Komisaris yang telah disusun dan disahkan                    Commissioners which has been previously
         sebelumnya oleh Dewan Komisaris.                             prepared and approved by the Board of
                                                                      Commissioners.
      e. Sebelum rapat dilangsungkan, Sekretaris                   e. Before the meeting is held, the Secretary of the
         Dewan Komisaris terlebih dahulu mengedarkan                  Board of Commissioners first circulates the
         agenda rapat dan/atau bahan rapat untuk                      meeting agenda and/or meeting materials to
         mendapatkan masukan dari para Anggota                        obtain input from members of the Board of
         Dewan Komisaris mengenai agenda tersebut.                    Commissioners regarding the agenda. This input
         Masukan tersebut dapat berupa penambahan/                    can be in the form of additions/reductions or
         pengurangan atau penajaman agenda rapat.                     sharpening of the meeting agenda.
      f. Setiap Anggota Dewan Komisaris berhak untuk               f. Each member of the Board of Commissioners
         mengusulkan agenda rapat yang akan                           has the right to propose the agenda for the
         dilaksanakan.                                                meeting to be held.




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340                                                                                   PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 341
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       g. Jika rapat tersebut mengundang pihak lain,                 g. If the meeting invites other parties, the
          Sekretaris Dewan Komisaris bertugas untuk                     Secretary of the Board of Commissioners is
          membuat surat undangan kepada pihak yang                      tasked with writing an invitation letter to the
          dimaksud. Dalam hal pihak lain tersebut berasal               parties in question. In the event that the other
          dari bawah Direksi, maka untuk maksud                         party comes from under the Board of Directors,
          tersebut harus sepengetahuan Direksi.                         then for this purpose they must have the
                                                                        knowledge of the Board of Directors.
       h. Seorang anggota Dewan Komisaris dapat                      h. A member of the Board of Commissioners may
          diwakili dalam rapat hanya oleh satu anggota                  be represented at a meeting only by one other
          Dewan Komisaris lainnya berdasarkan kuasa                     member of the Board of Commissioners based
          tertulis yang diberikan khusus untuk keperluan                on a written authorization given specifically for
          ini.                                                          this purpose.
       i. Semua rapat Dewan Komisaris dipimpin oleh                  i. All meetings of the Board of Commissioners are
          Komisaris Utama.                                              chaired by the President Commissioner.
       j. Dalam hal Komisaris Utama tidak hadir atau                 j. In the event that the President Commissioner
          berhalangan, rapat Dewan Komisaris dipimpin                   is absent or unable to attend, the meeting of
          oleh seorang Komisaris lainnya yang ditunjuk                  the Board of Commissioners is chaired by
          oleh Komisaris Utama.                                         another Commissioner appointed by the
                                                                        President Commissioner.
       k. Dalam hal Komisaris Utama tidak melakukan                  k. In the event that the President Commissioner
          penunjukan, maka anggota Komisaris yang                       does not make an appointment, the member
          paling lama menjabat sebagai anggota                          of Commissioners who has served as a member
          Komisaris bertindak sebagai pimpinan rapat                    of the Board of Commissioners the longest acts
          Dewan Komisaris.                                              as chairman of the meeting of the Board of
                                                                        Commissioners.
       l. Dalam hal anggota Dewan Komisaris yang paling              l. In the event that more than one member of
          lama menjabat sebagai anggota Dewan                           the Board of Commissioners has served the
          Komisaris lebih dari satu orang, maka anggota                 longest as a member of the Board of
          Dewan Komisaris yang tertua dalam usia                        Commissioners, then the member of the Board
          bertindak sebagai pimpinan rapat.                             of Commissioners who is the oldest in age acts
                                                                        as chairman of the meeting.

  4. Mekanisme Pengambilan Keputusan                             4. Decision Making Mechanism
      a. Semua keputusan Rapat Dewan Komisaris                       a. All decisions at Board of Commissioners
         harus berdasarkan itikad baik, pertimbangan                    Meetings must be based on good faith, rational
         rasional dan telah melalui telaah atau kajian                  considerations and have gone through an in-
         yang mendalam terhadap berbagai hal yang                       depth study or study of various relevant matters,
         relevan, informasi yang cukup dan bebas dari                   sufficient information and free from conflicts
         benturan kepentingan serta dibuat secara                       of interest and made independently by each
         independen oleh masing-masing anggota                          member of the Board of Commissioners.
         Dewan Komisaris.
      b. Setiap anggota Dewan Komisaris bertanggung                  b. Each member of the Board of Commissioners
         jawab atas keputusan Dewan Komisaris.                          is responsible for the decisions of the Board of
                                                                        Commissioners.
       c. Pengambilan keputusan oleh Dewan Komisaris                 c. Decision making by the Board of Commissioners
          dilakukan melalui Rapat Dewan Komisaris.                      is carried out through Board of Commissioners
                                                                        Meetings.
       d. Semua keputusan rapat Dewan Komisaris                      d. All decisions at Board of Commissioners
          diambil dengan musyawarah untuk mufakat.                      meetings are taken by deliberation to reach
                                                                        consensus.
       e. Semua keputusan dalam Rapat Dewan                          e. All decisions at Board of Commissioners
          Komisaris diambil dengan musyawarah untuk                     Meetings are taken by deliberation to reach
          mufakat.                                                      consensus.
       f. Untuk menjaga independensi dan objektivitas,               f. To maintain independence and objectivity,
          setiap anggota Dewan Komisaris yang memiliki                  every member of the Board of Commissioners
          benturan kepentingan diharuskan untuk tidak                   who has a conflict of interest is required not to
          ikut serta dalam pemberian suara untuk                        participate in voting for decision making. This
          pengambilan keputusan. Hal tersebut harus                     must be recorded in the minutes of the meeting.
          dicatat dalam risalah rapat.




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                                                                 Annual and Sustainability Report
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                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




      g. Rapat Dewan Komisaris adalah sah dan berhak         g. The Board of Commissioners meeting is valid
         mengambil keputusan yang mengikat apabila              and has the right to make binding decisions
         dihadiri atau diwakili oleh ½ (satu per dua)           when attended or represented by ½ (one-half)
         jumlah anggota Dewan Komisaris.                        of the total members of the Board of
                                                                Commissioners.
      h. Apabila melalui musyawarah tidak tercapai           h. If through deliberation no consensus is
         mufakat, maka keputusan Rapat Dewan                    reached, then the decision at the Board of
         Komisaris diambil dengan pemungutan suara              Commissioners Meeting is taken by voting in
         setuju lebih dari ½ (satu per dua) bagian dari         favor of more than ½ (one half) of the number
         jumlah suara yang sah yang dikeluarkan dalam           of valid votes cast at the meeting.
         rapat tersebut.
      i. Apabila jumlah suara yang setuju dan tidak          i. If the number of votes that agree and disagree
         setuju sama banyaknya, maka keputusan rapat            is the same, then the decision of the meeting
         adalah yang sama dengan pendapat pimpinan              is the same as the opinion of the leader of the
         rapat, dengan tetap memperhatikan ketentuan            meeting, while still paying attention to the
         mengenai       pertanggungjawaban       kecuali        provisions on accountability except for the
         mengenai diri orang, pengambilan keputusan             person, the decision making of the meeting is
         rapat dilakukan dengan pemilihan secara                done by closed election.
         tertutup.
      j. Setiap anggota Dewan Komisaris berhak untuk         j. Each member of the Board of Commissioners
         mengeluarkan 1 (satu) suara ditambah 1 (satu)          has the right to cast 1 (one) vote plus 1 (one)
         suara untuk anggota Dewan Komisaris yang               vote for the member of the Board of
         diwakilinya.                                           Commissioners he represents.
      k. Pemungutan suara mengenai diri orang                k. Voting regarding individuals is carried out using
         dilakukan dengan surat suara tertutup tanpa            a closed ballot without a signature, while voting
         tanda tangan sedangkan pemungutan suara                regarding other matters is carried out verbally
         mengenai hal-hal lain dilakukan secara lisan           unless the Chairman of the Board of
         kecuali Ketua Rapat Dewan Komisaris                    Commissioners Meeting determines otherwise
         menentukan lain tanpa ada keberatan                    without any objection based on the majority
         berdasarkan suara terbanyak dari yang hadir.           vote of those present.
      l. Suara blangko dan tidak sah dianggap tidak          l. Blank and invalid votes are considered non-
         ada dan tidak dihitung dalam menentukan                existent and are not counted in determining
         jumlah suara yang dikeluarkan dalam rapat.             the number of votes cast at the meeting.
      m. Dalam hal usulan lebih dari 2 (dua) alternatif      m. In the event that there are more than 2 (two)
         dan     hasil   pemungutan      suara    belum         alternatives proposed and the voting results
         mendapatkan 1 (satu) alternatif dengan suara           have not obtained 1 (one) alternative with votes
         lebih dari ½ (satu per dua) bagian dari jumlah         of more than ½ (one half) of the total number
         suara yang dikeluarkan, maka dilakukan                 of votes cast, then a re-election will be carried
         pemilihan ulang terhadap 2 (dua) alternatif yang       out on the 2 (two) alternatives that obtained
         memperoleh suara terbanyak sehingga salah              majority of votes so that 1 (one) alternative obtains
         1 (satu) alternatif memperoleh suara lebih dari        more than ½ (one-half) of the total votes cast.
         ½ (satu per dua) bagian dari jumlah suara yang
         dikeluarkan.
      n. Suara yang tidak sah dianggap tidak ada dan         n. Invalid votes are considered non-existent and
         tidak dihitung dalam menentukan jumlah                 are not counted in determining the number of
         suara yang dikeluarkan dalam rapat.                    votes cast at the meeting.
      o. Apabila jumlah suara yang setuju dan tidak          o. If the number of votes agreeing and
         setuju sama banyaknya, maka keputusan rapat            disagreeing is the same, then the decision of
         adalah yang sama dengan pendapat pimpinan              the meeting is the same as the opinion of the
         rapat, dengan tetap memperhatikan ketentuan            chairman of the meeting, while still paying
         mengenai       pertanggungjawaban       kecuali        attention    to   the   provisions  regarding
         mengenai diri orang, pengambilan keputusan             accountability except regarding individuals,
         rapat dilakukan dengan pemilihan secara                decision making at the meeting is carried out
         tertutup.                                              by closed voting.




                      Laporan Tahunan dan Keberlanjutan
342                                                                             PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 343
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       p. Keputusan-keputusan yang menyangkut aspek-                  p. Decisions concerning strategic aspects must
          aspek strategis harus dilakukan melalui                        be made through the mechanism of the Board
          mekanisme Rapat Dewan Komisaris. Aspek-aspek                   of Commissioners Meeting. These strategic
          strategis tersebut antara lain meliputi semua                  aspects include, among others, all actions of
          perbuatan Direksi yang harus mendapatkan                       the Board of Directors which must obtain
          persetujuan RUPS setelah mendapatkan                           approval from the GMS after receiving a written
          tanggapan tertulis Dewan Komisaris serta                       response from the Board of Commissioners as
          semua      perbuatan    Direksi   yang   harus                 well as all actions of the Board of Directors which
          mendapatkan persetujuan tertulis Dewan                         must obtain written approval from the Board
          Komisaris.                                                     of Commissioners.
       q. Keputusan rapat yang diambil dalam forum                    q. Meeting decisions taken in the internal meeting
          rapat internal Dewan Komisaris dan/atau rapat                  forum of the Board of Commissioners and/or
          gabungan Dewan Komisaris dan Direksi, diatur                   joint meetings of the Board of Commissioners
          sebagai berikut:                                               and Directors are regulated as follows:
       r. Keputusan rapat yang diambil dalam forum                    r. Decisions made in internal meetings of the
          rapat internal Dewan Komisaris dan/atau rapat                  Board of Commissioners and/or joint meetings
          gabungan Dewan Komisaris dan Direksi, diatur                   of the Board of Commissioners and the Board
          sebagai berikut:                                               of Directors are regulated as follows:
            1) Menyampaikan surat usulan asli yang                         1) Submit the original proposal letter
                diajukan oleh Direksi untuk mendapatkan                        submitted by the Board of Directors to
                keputusan Dewan Komisaris kepada                               obtain a decision from the Board of
                Dewan Komisaris dan/atau Komisaris                             Commissioners         to   the    Board    of
                Utama. Copy surat usulan disampaikan                           Commissioners           and/or     President
                oleh Sekretaris Dewan Komisaris kepada                         Commissioner. Copy of the proposal letter
                Anggota     Dewan       Komisaris   yang                       submitted by the Secretary of the Board
                membidangi materi/ lingkup hal yang                            of Commissioners to the Member of the
                diusulkan;                                                     Board of Commissioners who is in charge
                                                                               of the material/scope of the proposed
                                                                               matter;
           2)   Dalam hal usulan Direksi bersifat ”rahasia”                2) In the event that the Board of Directors'
                dan terbatas, surat usulan disampaikan                         proposal is "confidential" and limited, a
                kepada Komisaris Utama;                                        letter of proposal is submitted to the
                                                                               President Commissioner;
           3)   Waktu penyampaian usulan paling lambat                     3) The time for submitting a proposal is no
                1 (satu) bulan sebelum jadwal rapat                            later than 1 (one) month before the
                internal  Dewan     Komisaris    untuk                         scheduled internal meeting of the Board
                memberikan waktu yang cukup bagi                               of Commissioners to provide sufficient
                Dewan Komisaris untuk mempelajari dan                          time for the Board of Commissioners to
                mengkaji usulan dan mengagendakan,                             study and review the proposal and put an
                membahas usulan dan menetapkan                                 agenda, discuss the proposal and
                keputusan Dewan Komisaris;                                     determine the decision of the Board of
                                                                               Commissioners;
           4)   Dalam hal tertentu terhadap suatu usulan                   4) In certain cases regarding a proposal that
                yang bersifat strategis dan berpotensi                         is strategic in nature and has the
                berdampak besar/signifikan terhadap                            potential to have a large/significant impact
                kelangsungan usaha Perseroan, saran/                           on the continuity of the Company's
                rekomendasi/nasihat yang diputuskan                            business, suggestions/recommendations/
                dalam rapat internal Dewan Komisaris                           advice decided at an internal meeting of
                disampaikan dan dibahas kembali dalam                          the Board of Commissioners are
                rapat gabungan Dewan Komisaris dan                             submitted and discussed again at a joint
                Direksi;                                                       meeting of the Board of Commissioners
                                                                               and Directors;
           5)   Dalam    proses   untuk     mengambil                      5) In the process of making decisions, the
                keputusan, Dewan Komisaris dapat dibuat                        Board of Commissioners can create or
                atau menugasi Komite yang ada di bawah                         assign Committees under the Board of
                Dewan Komisaris untuk melakukan                                Commissioners to carry out monitoring,
                pemantauan,    pengumpulan      materi/                        collect     the      necessary     materials/
                dokumen/informasi yang diperlukan, serta                       documents/information, as well as to carry
                untuk melakukan kajian dan evaluasi dan                        out studies and evaluations and
                saran/masukan dalam laporan yang                               suggestions/input in reports submitted
                disampaikan kepada Dewan Komisaris;                            to the Board Commissioner;




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              343
                                                                  Annual and Sustainability Report
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                              Tata Kelola Perusahaan
                              Good Corporate Governance




      6)   Dalam hal usulan yang diajukan Direksi         6)  In the event that the proposal submitted
           memerlukan keputusan dan penetapan                 by the Board of Directors requires an
           yang segera/mendesak (dalam waktu                  immediate/urgent           decision      and
           kurang dari satu bulan) dari Dewan                 determination (within less than one
           Komisaris atau bersifat rahasia dan                month) from the Board of Commissioners
           terbatas sebagaimana dimaksud pada                 or is confidential and limited in nature as
           angka 2), maka Dewan Komisaris dapat               referred to in number 2), then the Board
           menyelenggarakan rapat khusus Dewan                of Commissioners may hold a special
           Komisaris yang hasil keputusan rapat               meeting of the Board of Commissioners
           tersebut disampaikan kepada Direksi                with the results The decision of the meeting
           dalam bentuk surat Dewan Komisaris. Di             is conveyed to the Board of Directors in
           mana surat tersebut mencantumkan                   the form of a letter from the Board of
           rujukan atas hasil Rapat Dewan Komisaris           Commissioners. The letter includes a
           tersebut. Surat tersebut ditandatangani            reference to the results of the Board of
           oleh Komisaris Utama dan sekurang-                 Commissioners Meeting. The letter is
           kurangnya diketahui/ diparaf oleh 1 (satu)         signed by the President Commissioner
           Anggota      Dewan     Komisaris     yang          and acknowledged/initiated by at least 1
           menghadiri rapat Dewan Komisaris yang              (one)     Member      of   the    Board    of
           dimaksud. Dalam Hal Komisaris Utama                Commissioners who attended the Board
           atau anggota Dewan Komisaris yang                  of Commissioners meeting in question.
           ditunjuk oleh Komisaris Utama tidak dapat          In the event that the President
           menandatangani surat tersebut, maka 2              Commissioner or member of the Board
           (dua) anggota Dewan Komisaris dapat                of Commissioners appointed by the
           menandatangani surat tersebut. Setiap              President Commissioner is unable to sign
           anggota     Dewan      Komisaris    wajib          the letter, then 2 (two) members of the
           mendapatkan salinan surat tersebut;                Board of Commissioners can sign the
                                                              letter. Each member of the Board of
                                                              Commissioners is required to obtain a copy
                                                              of the letter;
      7)   Seluruh anggota Dewan Komisaris                7) All     members       of   the     Board    of
           dianggap menyetujui Surat Dewan                    Commissioners are deemed to have
           Komisaris yang diterbitkan berdasarkan             approved the Letter of the Board of
           hasil keputusan rapat Dewan Komisaris;             Commissioners issued based on the results
                                                              of the decision of the Board of
                                                              Commissioners meeting;
      8)   Surat Dewan Komisaris terhadap usulan          8) Letter from the Board of Commissioners
           Direksi, disampaikan atau diberitahukan            regarding the Board of Directors'
           kepada Direksi dengan pengaturan                   proposal, delivered or notified to the Board
           sebagai berikut:                                   of    Directors     with    the    following
                                                              arrangements:
            a)   Paling lambat 7 (tujuh) hari kerja             a) No later than 7 (seven) working days
                 setelah surat Dewan Komisaris                       after the Board of Commissioners'
                 ditandatangani,     disampaikan/                    letter    is    signed,     delivered/
                 dikomunikasikan kepada Direksi; dan                 communicated to the Board of
                                                                     Directors; And
            b)  Paling lambat 10 (sepuluh) hari kerja           b) No later than 10 (ten) working days
                setelah surat Dewan Komisaris                        after the Board of Commissioners'
                ditandatangani, disampaikan secara                   letter is signed, it is submitted in
                tertulis kepada Direksi.                             writing to the Board of Directors.
      9)   Dalam mata acara lain-lain, rapat Dewan        9) In other agenda items, the Board of
           Komisaris tidak berhak mengambil                   Commissioners meeting does not have the
           keputusan kecuali semua anggota Dewan              right to make decisions unless all
           Komisaris atau wakilnya yang sah hadir             members of the Board of Commissioners
           dan menyetujui penambahan mata acara               or their authorized representatives are
           rapat;                                             present and agree to additional meeting
                                                              agenda items;
      10) Jumlah rapat Dewan Komisaris dan                10) The number of meetings of the Board of
          jumlah   kehadiran    masing-masing                 Commissioners and the number of
          anggota Dewan Komisaris harus dimuat                attendance of each member of the Board
          dalam Laporan Tahunan Perseroan                     of Commissioners must be included in the
                                                              Company's Annual Report




                   Laporan Tahunan dan Keberlanjutan
344                                                                     PT Kereta Api Indonesia (Persero)
                     Annual and Sustainability Report
Page 345
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  5. Mekanisme Pengambilan Keputusan Secara                      5. Circular Decision Making Mechanism
     Sirkuler
     Dewan Komisaris mengakui bentuk rapat tanpa                    The Board of Commissioners recognizes a form of
     melalui kehadiran fisik, atau disebut Rapat Sirkuler,          meeting without physical presence, or called a Circular
     dengan ketentuan sebagai berikut:                              Meeting, with the following conditions:
      a. Keputusan yang diambil dalam bentuk Rapat                   a. Decisions taken in the form of Circular Meetings
         Sirkuler bukanlah keputusan yang bersifat                      are not strategic decisions;
         strategis;
      b. Bukan merupakan sebuah keputusan atas suatu                 b. It is not a decision regarding an action of the
         tindakan      Direksi     yang     memerlukan                  Board of Directors which requires approval from
         persetujuan RUPS setelah mendapatkan                           the GMS after receiving a written response from
         tanggapan tertulis Dewan Komisaris serta                       the Board of Commissioners and all actions of
         semua      perbuatan     Direksi   yang    harus               the Board of Directors which must obtain
         mendapatkan persetujuan tertulis Dewan                         written     approval   from    the   Board     of
         Komisaris;                                                     Commissioners;
      c. Permasalahan telah diketahui sebelumnya/                    c. The problem has been previously known/has
         pernah dibahas;                                                been discussed;
      d. Keputusan yang diambil disetujui secara tertulis            d. The decisions taken are approved in writing and
         dan ditandatangani oleh seluruh Anggota                        signed by all members of the Board of
         Dewan Komisaris; dan                                           Commissioners; And
      e. Tanggal keputusan secara sirkuler yang berlaku              e. The applicable circular decision date is the date
         adalah tanggal anggota Dewan Komisaris yang                    the last member of the Board of Commissioners
         terakhir menandatangani keputusan tersebut.                    signed the decision. Decisions taken in this way
         Keputusan yang diambil dengan cara demikian                    have the same force as decisions legally taken
         mempunyai kekuatan yang sama dengan                            at a meeting of the Board of Commissioners.
         keputusan yang diambil dengan sah dalam
         rapat Dewan Komisaris.

  6. Perbedaan Pendapat (Dissenting Opinion)                     6. Difference of Opinion (Dissenting Opinion)
     Perbedaan pendapat diatur sebagai berikut:                     Dissent is organized as follows:
      a. Perbedaan pendapat yang terjadi dimasukkan                  a. Any differences of opinion that occur are
         dalam Keputusan Rapat, dan Anggota Dewan                       included in the Meeting Decision, and
         Komisaris yang berbeda pendapat harus                          Members of the Board of Commissioners who
         mengungkapkan alasan atas terjadinya                           have different opinions must express the
         perbedaan pendapat terhadap hasil keputusan                    reasons for the differences of opinion regarding
         tersebut.                                                      the results of the decision.
      b. Perbedaan pendapat tidak berarti memberikan                 b. A difference of opinion does not mean giving
         hak kepada Anggota Dewan Komisaris yang                        the relevant member of the Board of
         bersangkutan untuk tidak melaksanakan hasil                    Commissioners the right not to implement the
         keputusan rapat. Meskipun terdapat perbedaan                   results of the meeting decision. Even though
         pendapat, namun seluruh Anggota Dewan                          there are differences of opinion, all members
         Komisaris tetap berkewajiban untuk mengikuti                   of the Board of Commissioners are still obliged
         dan melaksanakan hasil keputusan rapat.                        to follow and implement the results of the
      c. Dewan Komisaris secara tanggung renteng                        meeting decisions.
         bertanggung jawab penuh secara pribadi                      c. The Board of Commissioners is jointly and
         apabila terbukti bersalah atau lalai menjalankan               severally liable personally if proven guilty or
         tugasnya untuk kepentingan dan usaha                           negligent in carrying out their duties for the
         Perseroan, kecuali Anggota Dewan Komisaris                     interests and business of the Company, unless
         yang melakukan dissenting opinion dapat                        the Member of the Board of Commissioners
         membuktikan bahwa ia telah mengambil                           who provides a dissenting opinion can prove
         tindakan untuk mencegah timbul atau                            that he or she has taken action to prevent the
         berlanjutnya kerugian tersebut.                                occurrence or continuation of such losses.
      d. Perbedaan pendapat yang dicantumkan di                      d. Differences of opinion included in the decisions
         dalam keputusan dan risalah rapat dapat                        and minutes of meetings can be evidence that
         menjadi bukti bahwa Anggota Dewan Komisaris                    the member of the Board of Commissioners
         yang bersangkutan telah melakukan tindakan                     concerned has taken action to prevent the
         untuk mencegah timbul atau berlanjutnya                        occurrence or continuation of such losses by
         kerugian tersebut dengan tidak menyetujui                      not agreeing to the results of the meeting
         hasil keputusan rapat. Hal ini berarti bahwa                   decisions. This means that the member of the
         Anggota Dewan Komisaris yang bersangkutan                      Board of Commissioners concerned can be free
         dapat terbebas dari tuntutan atas timbul atau                  from claims regarding the occurrence or




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                                                                 Annual and Sustainability Report
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                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




        berlanjutnya kerugian tersebut sebagai hasil                continuation of such losses as a result of
        pelaksanaan keputusan rapat.                                implementing meeting decisions.

  7. Rapat Melalui Elektronik                                7. Electronic Meetings
      a. Rapat Dewan Komisaris dapat diselenggarakan             a. Board of Commissioners meetings can be held
         dengan cara konferensi antara Anggota Dewan                by means of a conference between members
         Komisaris yang berada di tempat yang berbeda,              of the Board of Commissioners who are in
         melalui telepon konferensi, video konferensi,              different places, via telephone conference, video
         atau peralatan komunikasi lainnya yang                     conference,      or      other   communication
         memungkinkan setiap Anggota Rapat Dewan                    equipment that allows each member of the
         Komisaris dapat saling mendengar dan                       Board of Commissioners meeting to hear each
         berpartisipasi dalam rapat.                                other and participate in the meeting.
      b. Setiap Anggota Dewan Komisaris yang ikut                b. Each Member of the Board of Commissioners
         serta dianggap hadir dalam Rapat untuk                     who participates is deemed to be present at
         menentukan terpenuhinya persyaratan kuorum                 the Meeting to determine whether the
         kehadiran dan keputusan rapat Dewan                        attendance      quorum       requirements     and
         Komisaris.                                                 decisions of the Board of Commissioners
                                                                    meeting are met.
      c. Tempat di mana Ketua Rapat ikut serta                   c. The place where the Chairman of the Meeting
         dianggap sebagai tempat dilangsungkannya                   participates is considered the place where the
         Rapat Dewan Komisaris.                                     Board of Commissioners Meeting is held.
      d. Risalah   Rapat   harus   diedarkan    serta            d. Minutes of the Meeting must be circulated and
         ditandatangani oleh Ketua Rapat dan Seluruh                signed by the Chair of the Meeting and all
         Anggota Dewan Komisaris yang ikut serta,                   members of the Board of Commissioners who
         sesuai dengan tanggal Rapat dilaksanakan.                  participated, according to the date the Meeting
                                                                    was held.
      e. Penggunaan    media    elektronik   dalam               e. The use of electronic media in holding this
         penyelenggaraan Rapat ini ditetapkan oleh                  Meeting is determined by the Board of
         Dewan Komisaris dengan mengacu pada                        Commissioners by referring to applicable laws
         perundang-undangan dan peraturan perseroan                 and company regulations regarding electronic
         tentang informasi dan transaksi elektronik                 information and transactions.
         yang berlaku.

  8. Prosedur Penyusunan Risalah Rapat Internal              8. Procedure for Preparing Minutes of Internal
     Dewan Komisaris                                            Meetings of the Board of Commissioners.
     Penyusunan risalah Rapat Internal Dewan Komisaris          Preparing minutes of Internal Meetings of the Board
     dilakukan dengan prosedur sebagai berikut:                 of Commissioners is carried out using the following
                                                                procedures:
      a. Sekretaris Dewan Komisaris atau pejabat lain            a. The Secretary of the Board of Commissioners
         yang ditunjuk oleh Komisaris Utama dan atau                or other official appointed by the President
         Ketua Rapat bertanggung jawab untuk                        Commissioner and/or Chairman of the Meeting
         membuat,       mengadministrasikan      serta              is responsible for compiling, administering and
         mendistribusikan risalah Rapat Dewan Komisaris.            distributing the minutes of the Board of
                                                                    Commissioners' Meetings.
      b. Dalam hal Rapat Dewan Komisaris tidak diikuti           b. In the event that the Board of Commissioners
         Sekretaris Dewan Komisaris atau pejabat lain               Meeting is not attended by the Secretary of the
         yang ditunjuk oleh Komisaris Utama, risalah                Board of Commissioners or another official
         Rapat Dewan Komisaris dibuat oleh salah                    appointed by the President Commissioner, the
         seorang Anggota Dewan Komisaris yang                       minutes of the Board of Commissioners Meeting
         ditunjuk dari antara mereka yang hadir.                    are drawn up by one of the members of the
                                                                    Board of Commissioners appointed from among
                                                                    those present.
      c. Risalah Rapat Dewan Komisaris harus                     c. The minutes of the Board of Commissioners
         ditandatangani oleh pimpinan Rapat Dewan                   Meeting must be signed by the chairman of
         Komisaris dan oleh seluruh Anggota Dewan                   the Board of Commissioners Meeting and by
         Komisaris yang hadir.                                      all members of the Board of Commissioners
                                                                    present.
      d. Setiap Anggota Dewan Komisaris berhak                   d. Each member of the Board of Commissioners
         menerima salinan risalah Rapat Dewan Komisaris,            has the right to receive a copy of the minutes
         meskipun yang bersangkutan tidak hadir dalam               of the Board of Commissioners Meeting, even
         rapat tersebut.                                            if the person concerned is not present at the
                                                                    meeting.




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346                                                                                PT Kereta Api Indonesia (Persero)
                       Annual and Sustainability Report
Page 347
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       e. Risalah Rapat Dewan Komisaris harus                               e. Minutes of the Board of Commissioners' Meetings
          disampaikan kepada seluruh Anggota Dewan                             must be submitted to all Members of the Board
          Komisaris paling lambat 7 (tujuh) hari setelah                       of Commissioners no later than 7 (seven) days
          Rapat dilaksanakan.                                                  after the Meeting is held.
       f. Setiap Anggota Dewan Komisaris yang hadir                         f. Each member of the Board of Commissioners
          dan/atau yang diwakili harus menyampaikan                            who is present and/or who is represented must
          keberatannya dan/ atau usul perbaikannya, bila                       convey his objections and/or suggestions for
          ada, atas risalah rapat Dewan Komisaris                              improvements, if any, to the minutes of the
          tersebut.                                                            Board of Commissioners meeting.
       g. Perbaikan risalah Rapat Dewan Komisaris                           g. Amendments to the minutes of the Board of
          dimungkinkan dalam jangka waktu 14 (empat                            Commissioners Meeting are possible within 14
          belas) hari terhitung sejak tanggal pengiriman.                      (fourteen) days from the date of delivery.
       h. Jika keberatan dan atau usul perbaikan tidak                      h. If objections and/or revision proposals are not
          diterima dalam jangka waktu tersebut, maka                           received within that time period, it will be
          disimpulkan tidak ada keberatan dan atau                             concluded that there are no objections and/or
          perbaikan terhadap risalah Rapat Dewan                               revisions to the minutes of the relevant Board
          Komisaris yang bersangkutan.                                         of Commissioners Meeting.
       i. Risalah asli rapat Dewan Komisaris disampaikan                    i. The original minutes of the Board of
          kepada Direksi untuk disimpan dan dipelihara,                        Commissioners' meetings are submitted to the
          sedangkan Dewan Komisaris menyimpan                                  Board of Directors to be kept and maintained,
          salinannya.                                                          while the Board of Commissioners keeps a copy.

AGENDA, TANGGAL, DAN PESERTA RAPAT                                   AGENDA, DATE, AND PARTICIPANTS OF THE
INTERNAL DEWAN KOMISARIS TAHUN 2023                                  INTERNAL BOARD OF COMMISSIONERS
                                                                     MEETING IN 2023
Pada tahun 2022, Dewan Komisaris menyelenggarakan                    In 2022, the Board of Commissioners held internal
rapat internal sebanyak 18 kali, sehingga Dewan                      meetings 18 times, thereby fulfilling the required number
Komisaris telah memenuhi jumlah penyelenggaraan rapat                of meeting sessions. The disclosure of agendas, dates of
sesuai ketentuan yang berlaku. Pengungkapan agenda,                  implementation, and participants of the internal Board
tanggal pelaksanaan, serta peserta rapat internal Dewan              of Commissioners' meetings in 2023 are as follows:
Komisaris di tahun 2023 adalah sebagai berikut:

Agenda, Tanggal, dan Peserta Rapat Dewan Komisaris                   Agenda, Date, and Participants of the Internal Board
                                                                     of Commissioners

   Tanggal               Agenda Rapat                    Peserta Rapat              Kehadiran         Alasan Ketidakhadiran
    Date                Meeting Agenda                 Meeting Participants         Attendance          Reason of Absence

 25 Januari       1) Komite Audit pembahasan       Said Aqil Siroj                 Hadir / Present               -
 2023 /              draft PKPT SPI 2023 dan
 January 25 th,      progres audit RSM Tahap I     Riza Primadi                    Hadir / Present               -
 2023                / The Audit Committee
                     discusses the PKPT SPI        Rochadi                         Hadir / Present               -
                     2023 draft and the
                                                   Diah Natalisa                   Hadir / Present               -
                     progress of the RSM Phase
                     I audit                       Chairul Anwar                   Hadir / Present               -

                  2) Komite Nominasi dan           Endang Tirtana                  Hadir / Present               -
                     Remunerasi pembahasan
                     evaluasi Organ Dekom          Johan Sirait                    Hadir / Present               -
                     2022 / The Nomination and
                     Remuneration Committee        Sri Paduka Mangkoenagoro X      Hadir / Present               -
                     discusses the evaluation of
                     the 2022 BoC Organs           Mohamad Risal Wasal             Hadir / Present               -




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                                                                         Annual and Sustainability Report
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                                        Tata Kelola Perusahaan
                                        Good Corporate Governance




   Tanggal                Agenda Rapat                   Peserta Rapat           Kehadiran         Alasan Ketidakhadiran
    Date                 Meeting Agenda                Meeting Participants      Attendance          Reason of Absence

 1 Februari       1) Penerapan Grading             Said Aqil Siroj              Hadir / Present              -
 2023 /              System dan Remunerasi. /
 February 1 st,      Implementation of             Riza Primadi                 Hadir / Present              -
 2023                Grading System and
                     Remuneration.                 Rochadi                      Hadir / Present              -

                                                   Diah Natalisa                Hadir / Present              -
                  2) Tindak Lanjut Evaluasi
                     Organ Pendukung Dekom.        Chairul Anwar                Hadir / Present              -
                     / Follow-up Evaluation of
                     Dekom's Supporting            Endang Tirtana               Hadir / Present              -
                     Organs.
                                                   Johan Sirait                 Hadir / Present              -
                  3) Laporan Implementasi
                     monitoring ERM 2022. /        Sri Paduka Mangkoenagoro X   Hadir / Present              -
                     2022 ERM monitoring
                     implementation report.        Mohamad Risal Wasal          Hadir / Present              -

                  4) Lain-lain. / Others.

 15 Februari      Interview dan pembahasan         Said Aqil Siroj              Hadir / Present              -
 2023 /           calon Direksi Anak
 February         Perusahaan / Interview and       Riza Primadi                 Hadir / Present              -
 15 th, 2023      discussion of prospective
                  Directors of Subsidiaries        Rochadi                      Hadir / Present              -

                                                   Diah Natalisa                Hadir / Present              -

                                                   Chairul Anwar                Hadir / Present              -

                                                   Endang Tirtana               Hadir / Present              -

                                                   Johan Sirait                 Hadir / Present              -

                                                   Sri Paduka Mangkoenagoro X   Hadir / Present              -

                                                   Mohamad Risal Wasal           Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                 Not Present      Attending Another Agenda

 1 Maret 2023     Pembahasan Updating CTC &        Said Aqil Siroj              Hadir / Present              -
 / March 1 st,    Persetujuan Pengurus Anper
 2023             / Discussion of CTC Updating     Riza Primadi                 Hadir / Present              -
                  & Anper Management
                  Approval                         Rochadi                      Hadir / Present              -

                                                   Diah Natalisa                Hadir / Present              -

                                                   Chairul Anwar                Hadir / Present              -

                                                   Endang Tirtana               Hadir / Present              -

                                                   Johan Sirait                 Hadir / Present              -

                                                   Sri Paduka Mangkoenagoro X   Hadir / Present              -

                                                   Mohamad Risal Wasal          Hadir / Present              -

 15 Maret         Pembahasan Penetapan KPI         Said Aqil Siroj               Tidak Hadir /     Mengikuti Agenda Lain /
 2023 / March     individu Direksi dan Usulan                                    Not Present      Attending Another Agenda
 15 th, 2023      Perubahan Struktur D2. /
                  Discussion on the                Riza Primadi                 Hadir / Present              -
                  Determination of individual
                  KPIs for Directors and           Rochadi                      Hadir / Present              -
                  Proposed Changes to the D2
                                                   Diah Natalisa                Hadir / Present              -
                  Structure.
                                                   Chairul Anwar                 Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                 Not Present      Attending Another Agenda

                                                   Endang Tirtana                Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                 Not Present      Attending Another Agenda

                                                   Johan Sirait                 Hadir / Present              -

                                                   Sri Paduka Mangkoenagoro X   Hadir / Present              -

                                                   Mohamad Risal Wasal          Hadir / Present              -




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348                                                                                        PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 349
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   Tanggal                Agenda Rapat                    Peserta Rapat              Kehadiran         Alasan Ketidakhadiran
    Date                 Meeting Agenda                 Meeting Participants         Attendance          Reason of Absence

 5 April 2023 /   1) Update Kegiatan dan            Said Aqil Siroj                 Hadir / Present                -
 April 5 th,         Monev Manajemen Risiko. /
 2023                Update on Risk                 Riza Primadi                    Hadir / Present                -
                     Management Activities
                     and Monitoring and             Rochadi                         Hadir / Present                -
                     Evaluation.
                                                    Diah Natalisa                   Hadir / Present                -
                  2) Progres Audit Laporan          Chairul Anwar                   Hadir / Present                -
                     Keuangan TB 2022. /
                     Progress of the 2022 TB        Endang Tirtana                  Hadir / Present                -
                     Financial Report Audit.
                                                    Johan Sirait                     Tidak Hadir /     Mengikuti Agenda Lain /
                  3) Rencana Perubahan                                               Not Present      Attending Another Agenda
                     Struktur D5. / D5 Structure
                     Change Plan.                   Sri Paduka Mangkoenagoro X       Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                     Not Present      Attending Another Agenda
                  4) Progres Rencana
                     Benchmark Dewan                Mohamad Risal Wasal             Hadir / Present                -
                     Komisaris. / Progress of the
                     Board of Commissioners'
                     Benchmark Plan.

                  5) Lain-Lain. / Others.

 3 Mei 2023 /     1) Progres Persetujuan KPI        Said Aqil Siroj                 Hadir / Present                -
 May 3 rd, 2023      Individu. / Individual KPI
                     Approval Progress.             Riza Primadi                    Hadir / Present                -

                  2) Progres Audit Laporan          Rochadi                         Hadir / Present                -
                     Keuangan TB 2022. /
                                                    Diah Natalisa                    Tidak Hadir /     Mengikuti Agenda Lain /
                     Progress of the 2022 TB
                                                                                     Not Present      Attending Another Agenda
                     Financial Report Audit.
                                                    Chairul Anwar                   Hadir / Present                -
                  3) Progres Persetujuan
                     Kerjasama Aset Jl. Dupak,      Endang Tirtana                  Hadir / Present                -
                     Surabaya. / Progress on
                     Asset Collaboration            Johan Sirait                    Hadir / Present                -
                     Agreement Jl. Dupak,
                     Surabaya.                      Sri Paduka Mangkoenagoro X      Hadir / Present                -

                  4) Lain-Lain. / Others.           Mohamad Risal Wasal              Tidak Hadir /         Izin Sakit / Sick
                                                                                     Not Present

 10 Mei 2023 /    Interview dan pembahasan          Said Aqil Siroj                 Hadir / Present                -
 May 10 th,       calon EVP Corporate
 2023             Secretary / Interview and         Riza Primadi                    Hadir / Present                -
                  discussion of EVP Corporate
                  Secretary candidates              Rochadi                         Hadir / Present                -

                                                    Diah Natalisa                   Hadir / Present                -

                                                    Chairul Anwar                   Hadir / Present                -

                                                    Endang Tirtana                  Hadir / Present                -

                                                    Johan Sirait                     Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                     Not Present      Attending Another Agenda

                                                    Sri Paduka Mangkoenagoro X      Hadir / Present                -

                                                    Mohamad Risal Wasal             Hadir / Present                -




                                                                      Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                   349
                                                                          Annual and Sustainability Report
Page 350
                                      Tata Kelola Perusahaan
                                      Good Corporate Governance




   Tanggal               Agenda Rapat                   Peserta Rapat           Kehadiran          Alasan Ketidakhadiran
    Date                Meeting Agenda                Meeting Participants      Attendance           Reason of Absence

 31 Mei 2023 /    1) Progres Audit LK TB 2022     Said Aqil Siroj              Hadir / Present                -
 May 31 st,          oleh Komite Audit. /
 2023                Progress of the 2022 LK TB   Riza Primadi                 Hadir / Present                -
                     Audit by the Audit
                     Committee.                   Rochadi                      Hadir / Present                -

                                                  Diah Natalisa                 Tidak Hadir /     Mengikuti Agenda Lain /
                  2) Issue SPKA oleh Komite
                                                                                Not Present      Attending Another Agenda
                     Nominasi dan Remunerasi.
                     / SPKA Issue by the          Chairul Anwar                Hadir / Present                -
                     Nomination and
                     Remuneration Committee.      Endang Tirtana               Hadir / Present                -

                  3) Talent Perempuan oleh        Johan Sirait                 Hadir / Present                -
                     Komite Nominasi dan
                     Remunerasi. / Female         Sri Paduka Mangkoenagoro X   Hadir / Present                -
                     Talent by the Nomination
                     and Remuneration             Mohamad Risal Wasal          Hadir / Present                -
                     Committee.

                  4) Rencana Pengembangan
                     Stasiun Tugu Yogyakarta
                     oleh Komite Pemantau
                     Manajemen Risiko. / Tugu
                     Yogyakarta Station
                     Development Plan by the
                     Risk Management
                     Monitoring Committee.

                  5) Program penguatan ERM
                     oleh Komite Pemantau
                     Manajemen Risiko / ERM
                     strengthening program by
                     the Risk Management
                     Monitoring Committee.

 12 Juni 2023 /   1) Usulan KAP Tahun Buku        Said Aqil Siroj              Hadir / Present                -
 June 12 th,         2023. / Proposed KAP for
 2023                Fiscal Year 2023.            Riza Primadi                 Hadir / Present                -

                  2) Usulan Remunerasi PT KAI     Rochadi                       Tidak Hadir /    Izin Menunaikan Ibadah Haji
                     (Persero). / Proposed                                      Not Present      / Permission to Perform Hajj
                     Remuneration of PT KAI
                                                  Diah Natalisa                Hadir / Present                -
                     (Persero).
                                                  Chairul Anwar                Hadir / Present                -

                                                  Endang Tirtana               Hadir / Present                -

                                                  Johan Sirait                 Hadir / Present                -

                                                  Sri Paduka Mangkoenagoro X   Hadir / Present                -

                                                  Mohamad Risal Wasal          Hadir / Present                -

 26 Juni 2023     Persiapan penyelenggaraan       Said Aqil Siroj               Tidak Hadir /     Mengikuti Agenda Lain /
 / June 26 th,    FGD TAC / Preparation for                                     Not Present      Attending Another Agenda
 2023             holding the TAC FGD
                                                  Riza Primadi                 Hadir / Present                -

                                                  Rochadi                       Tidak Hadir /    Izin Menunaikan Ibadah Haji
                                                                                Not Present      / Permission to Perform Hajj

                                                  Diah Natalisa                Hadir / Present                -

                                                  Chairul Anwar                Hadir / Present                -

                                                  Endang Tirtana               Hadir / Present                -

                                                  Johan Sirait                  Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                Not Present      Attending Another Agenda

                                                  Sri Paduka Mangkoenagoro X   Hadir / Present                -

                                                  Mohamad Risal Wasal          Hadir / Present                -




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350                                                                                       PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 351
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   Tanggal                Agenda Rapat                   Peserta Rapat              Kehadiran         Alasan Ketidakhadiran
    Date                 Meeting Agenda                Meeting Participants         Attendance          Reason of Absence

 5 Juli 2023 /     Persiapan Lanjutan FGD TAC      Said Aqil Siroj                 Hadir / Present               -
 July 5 th, 2023   / Advanced Preparation for
                   TAC FGD                         Riza Primadi                    Hadir / Present               -

                                                   Rochadi                         Hadir / Present               -

                                                   Diah Natalisa                   Hadir / Present               -

                                                   Chairul Anwar                   Hadir / Present               -

                                                   Endang Tirtana                  Hadir / Present               -

                                                   Johan Sirait                    Hadir / Present               -

                                                   Sri Paduka Mangkoenagoro X       Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                    Not Present      Attending Another Agenda

                                                   Mohamad Risal Wasal             Hadir / Present               -

 16 Agustus        1) Tindak Lanjut FGD terkait    Said Aqil Siroj                 Hadir / Present               -
 2023 /               IMO dan TAC. / Follow-up
 August 16 th,        FGD related to IMO and       Riza Primadi                    Hadir / Present               -
 2023                 TAC.
                                                   Rochadi                         Hadir / Present               -
                   2) Rencana FGD terkait
                                                   Diah Natalisa                   Hadir / Present               -
                      Keselamatan Perlintasan
                      Sebidang. / FGD plan         Chairul Anwar                   Hadir / Present               -
                      regarding Level Crossing
                      Safety.                      Endang Tirtana                  Hadir / Present               -

                   3) Laporan Benchmark            Johan Sirait                    Hadir / Present               -
                      Dewan Komisaris. / Board
                      of Commissioners             Sri Paduka Mangkoenagoro X      Hadir / Present               -
                      Benchmark Report.
                                                   Mohamad Risal Wasal             Hadir / Present               -
                   4) Laporan Pelaksanaan
                      Tugas Komite s.d Semester
                      I 2023 / Report on the
                      Implementation of
                      Committee Duties until
                      Semester I 2023.

 30 Agustus        1) Kerjasama Prasana            Said Aqil Siroj                 Hadir / Present               -
 2023 /               Perkeretaapian Umum di
 August 30 th,        Sumbagsel. / Public          Riza Primadi                    Hadir / Present               -
 2023                 Railway Infrastructure
                      Cooperation in South         Rochadi                         Hadir / Present               -
                      Sumatra.
                                                   Diah Natalisa                   Hadir / Present               -
                   2) Reaktivasi Stasiun Cibatu    Chairul Anwar                   Hadir / Present               -
                      ampai dengan Stasiun
                      Garut. / Reactivation of     Endang Tirtana                  Hadir / Present               -
                      Cibatu Station to Garut
                      Station.                     Johan Sirait                    Hadir / Present               -

                   3) Tanggapan Tertulis           Sri Paduka Mangkoenagoro X      Hadir / Present               -
                      Penghapusbukuan ATDO. /
                      Written Response to ATDO     Mohamad Risal Wasal             Hadir / Present               -
                      Write-Off.

                   4) Tanggapan Tertulis
                      Penghapusbukuan Aset
                      Kebun Kawung. / Written
                      Response to Write-Off of
                      Kawung Garden Assets.

                   5) Usulan Perubahan
                      Struktur (KL). / Proposed
                      Structural Changes (KL).

                   6) Usulan Pengurus Anak
                      Perusahaan. / Proposal for
                      Subsidiary Management.




                                                                     Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  351
                                                                         Annual and Sustainability Report
Page 352
                                        Tata Kelola Perusahaan
                                        Good Corporate Governance




   Tanggal                Agenda Rapat                   Peserta Rapat           Kehadiran        Alasan Ketidakhadiran
    Date                 Meeting Agenda                Meeting Participants      Attendance         Reason of Absence

 11 Oktober       1) Usulan Biaya KAP TB 2023.     Said Aqil Siroj              Hadir / Present              -
 2023 /              / Proposed 2023 KAP TB
 October 11 th,      Fees.                         Riza Primadi                 Hadir / Present              -
 2023
                  2) Usulan Kerjasama Aset         Rochadi                      Hadir / Present              -
                     Ploso, Madiun. / Proposed
                                                   Diah Natalisa                Hadir / Present              -
                     Collaboration on Ploso
                     Assets, Madiun.               Chairul Anwar                Hadir / Present              -

                  3) Lain-Lain. / Others.          Endang Tirtana               Hadir / Present              -

                                                   Johan Sirait                 Hadir / Present              -

                                                   Sri Paduka Mangkoenagoro X   Hadir / Present              -

                                                   Mohamad Risal Wasal          Hadir / Present              -

 18 Oktober       Pembahasan RKA Dewan             Said Aqil Siroj              Hadir / Present              -
 2023 /           Komisaris Tahun 2024 dan
 October 18 th,   Usulan Pengurus Anak             Riza Primadi                 Hadir / Present              -
 2023             Perusahaan. / Discussion of
                  the Board of Commissioners'      Rochadi                      Hadir / Present              -
                  2024 RKA and Subsidiary
                                                   Diah Natalisa                Hadir / Present              -
                  Management Proposals.
                                                   Chairul Anwar                Hadir / Present              -

                                                   Endang Tirtana               Hadir / Present              -

                                                   Johan Sirait                 Hadir / Present              -

                                                   Sri Paduka Mangkoenagoro X   Hadir / Present              -

                                                   Mohamad Risal Wasal          Hadir / Present              -

 22               Rencana Pembentukan              Said Aqil Siroj              Hadir / Present              -
 November         Komite Tata Kelola
 2023 /           Terintegrasi (KTKT) / Plan to    Riza Primadi                 Hadir / Present              -
 November         Establish an Integrated
 22 nd, 2023      Governance Committee             Rochadi                      Hadir / Present              -
                  (KTKT)
                                                   Diah Natalisa                Hadir / Present              -

                                                   Chairul Anwar                Hadir / Present              -

                                                   Endang Tirtana               Hadir / Present              -

                                                   Johan Sirait                 Hadir / Present              -

                                                   Sri Paduka Mangkoenagoro X   Hadir / Present              -

                                                   Mohamad Risal Wasal          Hadir / Present              -

 20               1) Persetujuan Usulan            Said Aqil Siroj              Hadir / Present              -
 Desember            Pengurus Anper (KNR). /
 2023 /              Approval of the Anper         Riza Primadi                 Hadir / Present              -
 December            Management Proposal
 20 th, 2023         (KNR).                        Rochadi                      Hadir / Present              -

                                                   Diah Natalisa                Hadir / Present              -
                  2) Progres Audit KAP Tahap I
                     (KA). / Progress Audit KAP    Chairul Anwar                Hadir / Present              -
                     Stage I (KA).
                                                   Endang Tirtana               Hadir / Present              -
                  3) Lain-lain. / Others.
                                                   Johan Sirait                 Hadir / Present              -

                                                   Sri Paduka Mangkoenagoro X   Hadir / Present              -

                                                   Mohamad Risal Wasal          Hadir / Present              -




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                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




RAPAT GABUNGAN DEWAN KOMISARIS                                     JOINT MEETING OF THE BOARD OF
DENGAN DIREKSI                                                     COMMISSIONERS WITH THE BOARD OF
                                                                   DIRECTORS
Selama tahun 2023, Dewan Komisaris mengikuti 14 kali               During 2023, the Board of Commissioners participated
rapat gabungan bersama Direksi. Pengungkapan                       in 14 joint meetings with the Board of Directors.
agenda, tanggal penyelenggaraan, dan peserta rapat                 Disclosure of the agenda, date of holding and participants
gabungan Dewan Komisaris bersama Direksi adalah                    of the joint meeting of the Board of Commissioners and
sebagai berikut:                                                   the Board of Directors is as follows:

Agenda, Tanggal, Peserta Rapat Gabungan Dewan                      Agenda, Date, Participants in Joint Meeting of the Board
Komisaris Bersama Direksi                                          of Commissioners and Directors

   Tanggal               Agenda Rapat                 Peserta Rapat                Kehadiran       Alasan Ketidakhadiran
    Date                Meeting Agenda              Meeting Participants            Presence         Reason for Absence

 17 Januari       Update RKAP 2023 / 2023       Said Aqil Siroj                  Hadir / Present              -
 2023 /           RKAP update
 January 17 th,                                 Riza Primadi                     Hadir / Present              -
 2023
                                                Rochadi                          Hadir / Present              -

                                                Diah Natalisa                    Hadir / Present              -

                                                Chairul Anwar                    Hadir / Present              -

                                                Endang Tirtana                   Hadir / Present              -

                                                Johan Sirait                     Hadir / Present              -

                                                Sri Paduka Mangkoenagoro X       Hadir / Present              -

                                                Mohamad Risal Wasal              Hadir / Present              -

                                                Didiek Hartantyo                 Hadir / Present              -

                                                Hadis Surya Palapa               Hadir / Present              -

                                                Awan Hermawan Purwadinata        Hadir / Present              -

                                                Heru Kuswanto                    Hadir / Present              -

                                                Eko Purwanto                     Hadir / Present              -

                                                Suparno                          Hadir / Present              -

                                                Sandry N Pasambuna               Hadir / Present              -

                                                John Robertho                    Hadir / Present              -

                                                Salusra Wijaya                   Hadir / Present              -

 25 Januari       Progres Tranformasi Digital   Said Aqil Siroj                  Hadir / Present              -
 2023 /           Perusahaan / Company
 January 25 th,   Digital Transformation        Riza Primadi                     Hadir / Present              -
 2023             Progress
                                                Rochadi                          Hadir / Present              -

                                                Diah Natalisa                    Hadir / Present              -

                                                Chairul Anwar                    Hadir / Present              -

                                                Endang Tirtana                   Hadir / Present              -

                                                Johan Sirait                     Hadir / Present              -

                                                Sri Paduka Mangkoenagoro X       Hadir / Present              -

                                                Mohamad Risal Wasal              Hadir / Present              -

                                                Didiek Hartantyo                 Hadir / Present              -

                                                Hadis Surya Palapa               Hadir / Present              -

                                                Awan Hermawan Purwadinata        Hadir / Present              -

                                                Heru Kuswanto                    Hadir / Present              -




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   Tanggal               Agenda Rapat                  Peserta Rapat            Kehadiran        Alasan Ketidakhadiran
    Date                Meeting Agenda               Meeting Participants        Presence          Reason for Absence

                                                 Eko Purwanto                 Hadir / Present               -

                                                 Suparno                      Hadir / Present               -

                                                 Sandry N Pasambuna           Hadir / Present               -

                                                 John Robertho                Hadir / Present               -

                                                 Salusra Wijaya               Hadir / Present               -

 8 Februari       Paparan Final Hasil            Said Aqil Siroj              Hadir / Present               -
 2023 /           Penelitian Manggarai / Final
 February 8 th,   Presentation of Manggarai      Riza Primadi                 Hadir / Present               -
 2023             Research Results
                                                 Rochadi                      Hadir / Present               -

                                                 Diah Natalisa                Hadir / Present               -

                                                 Chairul Anwar                Hadir / Present               -

                                                 Endang Tirtana               Hadir / Present               -

                                                 Johan Sirait                 Hadir / Present               -

                                                 Sri Paduka Mangkoenagoro X   Hadir / Present               -

                                                 Mohamad Risal Wasal          Hadir / Present               -

                                                 Didiek Hartantyo             Hadir / Present               -

                                                 Hadis Surya Palapa           Hadir / Present               -

                                                 Awan Hermawan Purwadinata    Hadir / Present               -

                                                 Heru Kuswanto                Hadir / Present               -

                                                 Eko Purwanto                 Hadir / Present               -

                                                 Suparno                      Hadir / Present               -

                                                 Sandry N Pasambuna           Hadir / Present               -

                                                 John Robertho                Hadir / Present               -

                                                 Salusra Wijaya                Tidak Hadir /    Sedang dinas luar negeri /
                                                                               Not Present      Currently serving abroad

 15 Maret         Pembahasan Surat Usulan        Said Aqil Siroj              Hadir / Present               -
 2023 / March     Perubahan Struktur
 15 th, 2023      Direktorat Operasi /           Riza Primadi                 Hadir / Present               -
                  Discussion of Letter of
                  Proposal for Changes in the    Rochadi                      Hadir / Present               -
                  Structure of the Operations
                                                 Diah Natalisa                Hadir / Present               -
                  Directorate
                                                 Chairul Anwar                Hadir / Present               -

                                                 Endang Tirtana               Hadir / Present               -

                                                 Johan Sirait                 Hadir / Present               -

                                                 Sri Paduka Mangkoenagoro X   Hadir / Present               -

                                                 Mohamad Risal Wasal          Hadir / Present               -

                                                 Awan Hermawan Purwadinata    Hadir / Present               -

                                                 Suparno                      Hadir / Present               -

                                                 Sandry N Pasambuna           Hadir / Present               -




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                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   Tanggal               Agenda Rapat                   Peserta Rapat               Kehadiran        Alasan Ketidakhadiran
    Date                Meeting Agenda                Meeting Participants           Presence          Reason for Absence

 3 Mei 2023 /     Pembahasan Kinerja              Said Aqil Siroj                 Hadir / Present               -
 May 3 rd, 2023   Triwulan I Tahun 2023 /
                  Discussion of Performance       Riza Primadi                    Hadir / Present               -
                  for the First Quarter of 2023
                                                  Rochadi                         Hadir / Present               -

                                                  Diah Natalisa                   Hadir / Present               -

                                                  Chairul Anwar                   Hadir / Present               -

                                                  Endang Tirtana                  Hadir / Present               -

                                                  Johan Sirait                    Hadir / Present               -

                                                  Sri Paduka Mangkoenagoro X      Hadir / Present               -

                                                  Mohamad Risal Wasal             Hadir / Present               -

                                                  Didiek Hartantyo                Hadir / Present               -

                                                  Hadis Surya Palapa              Hadir / Present               -

                                                  Awan Hermawan Purwadinata       Hadir / Present               -

                                                  Heru Kuswanto                   Hadir / Present               -

                                                  Suparno                         Hadir / Present               -

                                                  Sandry N Pasambuna              Hadir / Present               -

                                                  John Robertho                   Hadir / Present               -

                                                  Salusra Wijaya                  Hadir / Present               -

 10 Mei 2023 /    Laporan Progres Persiapan       Said Aqil Siroj                 Hadir / Present               -
 Mei 10 th,       COD LRT dan KCJB / LRT and
 2023             KCJB COD Preparation            Riza Primadi                    Hadir / Present               -
                  Progress Report
                                                  Rochadi                         Hadir / Present               -

                                                  Diah Natalisa                   Hadir / Present               -

                                                  Chairul Anwar                   Hadir / Present               -

                                                  Endang Tirtana                  Hadir / Present               -

                                                  Johan Sirait                     Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                   Not Present      Attending Another Agenda

                                                  Sri Paduka Mangkoenagoro X      Hadir / Present               -

                                                  Mohamad Risal Wasal             Hadir / Present               -

                                                  Didiek Hartantyo                Hadir / Present               -

                                                  Hadis Surya Palapa              Hadir / Present               -

                                                  Awan Hermawan Purwadinata       Hadir / Present               -

                                                  Heru Kuswanto                   Hadir / Present               -

                                                  Suparno                         Hadir / Present               -

                                                  Sandry N Pasambuna              Hadir / Present               -

                                                  John Robertho                   Hadir / Present               -

                                                  Salusra Wijaya                  Hadir / Present               -




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   Tanggal              Agenda Rapat                  Peserta Rapat            Kehadiran        Alasan Ketidakhadiran
    Date               Meeting Agenda               Meeting Participants        Presence          Reason for Absence

 7 Juni 2023 /    Pembahasan Kinerja Audited    Said Aqil Siroj              Hadir / Present              -
 June 7 th,       Tahun Buku 2022 /
 2023             Discussion of Audited         Riza Primadi                 Hadir / Present              -
                  Performance for Fiscal Year
                  2022                          Rochadi                      Hadir / Present              -

                                                Diah Natalisa                Hadir / Present              -

                                                Chairul Anwar                Hadir / Present              -

                                                Endang Tirtana               Hadir / Present              -

                                                Johan Sirait                 Hadir / Present              -

                                                Sri Paduka Mangkoenagoro X   Hadir / Present              -

                                                Mohamad Risal Wasal          Hadir / Present              -

                                                Didiek Hartantyo             Hadir / Present              -

                                                Hadis Surya Palapa           Hadir / Present              -

                                                Awan Hermawan Purwadinata    Hadir / Present              -

                                                Heru Kuswanto                Hadir / Present              -

                                                Suparno                      Hadir / Present              -

                                                Sandry N Pasambuna           Hadir / Present              -

                                                John Robertho                Hadir / Present              -

                                                Salusra Wijaya               Hadir / Present              -

 20 Juli 2023 /   Pembahasan Kinerja            Said Aqil Siroj               Tidak Hadir /     Mengikuti Agenda Lain /
 July 20 th,      Semester I 2023 dan Progres                                 Not Present      Attending Another Agenda
 2023             Persiapan Operasi LRT dan
                  KCJB / Discussion of          Riza Primadi                 Hadir / Present              -
                  Semester I 2023 Performance
                  and Progress in Preparation   Rochadi                      Hadir / Present              -
                  for LRT and KCJB Operations
                                                Diah Natalisa                Hadir / Present              -

                                                Chairul Anwar                Hadir / Present              -

                                                Endang Tirtana               Hadir / Present              -

                                                Johan Sirait                 Hadir / Present              -

                                                Sri Paduka Mangkoenagoro X   Hadir / Present              -

                                                Mohamad Risal Wasal          Hadir / Present              -

                                                Didiek Hartantyo             Hadir / Present              -

                                                Hadis Surya Palapa           Hadir / Present              -

                                                Awan Hermawan Purwadinata    Hadir / Present              -

                                                Heru Kuswanto                Hadir / Present              -

                                                Suparno                      Hadir / Present              -

                                                Sandry N Pasambuna           Hadir / Present              -

                                                John Robertho                Hadir / Present              -

                                                Salusra Wijaya               Hadir / Present              -




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                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   Tanggal             Agenda Rapat                    Peserta Rapat               Kehadiran        Alasan Ketidakhadiran
    Date              Meeting Agenda                 Meeting Participants           Presence          Reason for Absence

 7 Agustus      Pembahasan Tambahan              Said Aqil Siroj                 Hadir / Present               -
 2023 /         Penyertaan Modal Negara
 August 7 th,   (PMN) kepada PT KAI              Riza Primadi                    Hadir / Present               -
 2023           (Persero) Tahun Anggaran
                2024 untuk Peningkatan           Rochadi                         Hadir / Present               -
                Pelayanan Penumpang KRL
                                                 Diah Natalisa                   Hadir / Present               -
                Jabodetabek / Discussion of
                Additional State Capital         Chairul Anwar                   Hadir / Present               -
                Participation (PMN) to PT KAI
                (Persero) for Fiscal Year 2024   Endang Tirtana                  Hadir / Present               -
                to Improve Jabodetabek KRL
                Passenger Services               Johan Sirait                    Hadir / Present               -

                                                 Sri Paduka Mangkoenagoro X      Hadir / Present               -

                                                 Mohamad Risal Wasal             Hadir / Present               -

                                                 Didiek Hartantyo                Hadir / Present               -

                                                 Hadis Surya Palapa              Hadir / Present               -

                                                 Awan Hermawan Purwadinata       Hadir / Present               -

                                                 Heru Kuswanto                   Hadir / Present               -

                                                 Suparno                         Hadir / Present               -

                                                 Sandry N Pasambuna              Hadir / Present               -

                                                 John Robertho                   Hadir / Present               -

                                                 Salusra Wijaya                  Hadir / Present               -

 20             Kaitan Pengelolaan PDP           Said Aqil Siroj                 Hadir / Present               -
 September      (Perlindungan Data Pribadi)
 2023 /         UU Nomor 27 Tahun 2022           Riza Primadi                    Hadir / Present               -
 September      Terhadap Layanan KAI / The
 20 th, 2023    Relation of PDP                  Rochadi                         Hadir / Present               -
                Management (Personal Data
                                                 Diah Natalisa                   Hadir / Present               -
                Protection) Law Number 27
                of 2022 to KAI Services          Chairul Anwar                   Hadir / Present               -

                                                 Endang Tirtana                  Hadir / Present               -

                                                 Johan Sirait                    Hadir / Present               -

                                                 Sri Paduka Mangkoenagoro X      Hadir / Present               -

                                                 Mohamad Risal Wasal             Hadir / Present               -

                                                 Didiek Hartantyo                 Tidak Hadir /    Sedang dinas luar negeri /
                                                                                  Not Present      Currently serving abroad

                                                 Hadis Surya Palapa              Hadir / Present               -

                                                 Awan Hermawan Purwadinata        Tidak Hadir /         Izin sakit karena
                                                                                  Not Present       kecelakaan / Sick due to
                                                                                                            accident

                                                 Heru Kuswanto                    Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                  Not Present      Attending Another Agenda

                                                 Suparno                         Hadir / Present               -

                                                 Sandry N Pasambuna              Hadir / Present               -

                                                 John Robertho                   Hadir / Present               -

                                                 Salusra Wijaya                   Tidak Hadir /    Sedang dinas luar negeri /
                                                                                  Not Present      Currently serving abroad




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   Tanggal               Agenda Rapat                   Peserta Rapat            Kehadiran        Alasan Ketidakhadiran
    Date                Meeting Agenda                Meeting Participants        Presence          Reason for Absence

 4 Oktober        Pembahasan Penerimaan           Said Aqil Siroj              Hadir / Present               -
 2023 /           Pinjaman dalam Pemenuhan
 October 4 th,    Kenaikan Biaya (Cost            Riza Primadi                 Hadir / Present               -
 2023             Overrun) Proyek Kereta
                  Cepat Jakarta-Bandung /         Rochadi                      Hadir / Present               -
                  Discussion of Loan Receipts
                                                  Diah Natalisa                Hadir / Present               -
                  in Meeting the Cost Overrun
                  of the Jakarta-Bandung Fast     Chairul Anwar                Hadir / Present               -
                  Train Project
                                                  Endang Tirtana               Hadir / Present               -

                                                  Johan Sirait                 Hadir / Present               -

                                                  Sri Paduka Mangkoenagoro X   Hadir / Present               -

                                                  Mohamad Risal Wasal          Hadir / Present               -

                                                  Didiek Hartantyo             Hadir / Present               -

                                                  Hadis Surya Palapa           Hadir / Present               -

                                                  Awan Hermawan Purwadinata    Hadir / Present               -

                                                  Heru Kuswanto                Hadir / Present               -

                                                  Suparno                      Hadir / Present               -

                                                  Sandry N Pasambuna           Hadir / Present               -

                                                  John Robertho                Hadir / Present               -

                                                  Salusra Wijaya               Hadir / Present               -

 25 Oktober       1) Rancangan Awal RKAP          Said Aqil Siroj              Hadir / Present               -
 2023 /              2024 / Preliminary Draft
 October 25 th,      RKAP 2024                    Riza Primadi                 Hadir / Present               -
 2023
                  2) Pembahasan Visi dan          Rochadi                      Hadir / Present               -
                     Konsep KAI University /
                                                  Diah Natalisa                Hadir / Present               -
                     Discussion of the Vision
                     and Concept of KAI           Chairul Anwar                Hadir / Present               -
                     University
                                                  Endang Tirtana               Hadir / Present               -

                                                  Johan Sirait                  Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                Not Present      Attending Another Agenda

                                                  Sri Paduka Mangkoenagoro X   Hadir / Present               -

                                                  Mohamad Risal Wasal           Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                Not Present      Attending Another Agenda

                                                  Didiek Hartantyo              Tidak Hadir /    Sedang dinas luar negeri /
                                                                                Not Present      Currently serving abroad

                                                  Hadis Surya Palapa           Hadir / Present               -

                                                  Awan Hermawan Purwadinata    Hadir / Present               -

                                                  Heru Kuswanto                Hadir / Present               -

                                                  Suparno                       Tidak Hadir /    Sedang dinas luar negeri /
                                                                                Not Present      Currently serving abroad

                                                  Sandry N Pasambuna            Tidak Hadir /    Sedang dinas luar negeri /
                                                                                Not Present      Currently serving abroad

                                                  John Robertho                Hadir / Present               -

                                                  Salusra Wijaya               Hadir / Present               -




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                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   Tanggal             Agenda Rapat                  Peserta Rapat               Kehadiran        Alasan Ketidakhadiran
    Date              Meeting Agenda               Meeting Participants           Presence          Reason for Absence

 1 November     Pembahasan Kinerja TW III      Said Aqil Siroj                 Hadir / Present               -
 2023 /         2023 / Discussion of Q3 2023
 November       Performance                    Riza Primadi                    Hadir / Present               -
 1 st, 2023
                                               Rochadi                         Hadir / Present               -

                                               Diah Natalisa                   Hadir / Present               -

                                               Chairul Anwar                   Hadir / Present               -

                                               Endang Tirtana                  Hadir / Present               -

                                               Johan Sirait                    Hadir / Present               -

                                               Sri Paduka Mangkoenagoro X      Hadir / Present               -

                                               Mohamad Risal Wasal             Hadir / Present               -

                                               Didiek Hartantyo                Hadir / Present               -

                                               Hadis Surya Palapa              Hadir / Present               -

                                               Awan Hermawan Purwadinata       Hadir / Present               -

                                               Heru Kuswanto                   Hadir / Present               -

                                               Suparno                         Hadir / Present               -

                                               Sandry N Pasambuna              Hadir / Present               -

                                               John Robertho                   Hadir / Present               -

                                               Salusra Wijaya                  Hadir / Present               -

 13 Desember    Rencana Permohonan             Said Aqil Siroj                 Hadir / Present               -
 2023 /         Persetujuan Tanggapan
 December       Dewan Komisaris atas           Riza Primadi                    Hadir / Present               -
 13 th, 2023    Penugasan IMO / Plan for
                Request for Approval of the    Rochadi                         Hadir / Present               -
                Board of Commissioners'
                                               Diah Natalisa                   Hadir / Present               -
                Response to the IMO
                Assignment                     Chairul Anwar                   Hadir / Present               -

                                               Endang Tirtana                  Hadir / Present               -

                                               Johan Sirait                    Hadir / Present               -

                                               Sri Paduka Mangkoenagoro X       Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                Not Present      Attending Another Agenda

                                               Mohamad Risal Wasal             Hadir / Present               -

                                               Didiek Hartantyo                Hadir / Present               -

                                               Hadis Surya Palapa              Hadir / Present               -

                                               Awan Hermawan Purwadinata       Hadir / Present               -

                                               Heru Kuswanto                   Hadir / Present               -

                                               Suparno                         Hadir / Present               -

                                               Sandry N Pasambuna              Hadir / Present               -

                                               John Robertho                   Hadir / Present               -

                                               Salusra Wijaya                  Hadir / Present               -




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                                                                     Annual and Sustainability Report
Page 360
                                             Tata Kelola Perusahaan
                                             Good Corporate Governance




FREKUENSI DAN KEHADIRAN RAPAT                                                    FREQUENCY AND ATTENDANCE OF
                                                                                 MEETINGS
Frekuensi pelaksanaan rapat dan kehadiran masing-                                The frequency of meetings and the attendance of each
masing anggota Dewan Komisaris di dalam rapat untuk                              member of the Board of Commissioners at the meetings
tahun 2023 adalah sebagai berikut:                                               for the year 2023 are as follows:

Frekuensi dan Kehadiran Rapat Dewan KomisariS                                    The frequency and attendance                              of       Board        of
                                                                                 Commissioners meetings.

                                                                              Rapat Gabungan Direksi dengan Dewan
                                            Rapat Dewan Komisaris                             Komisaris                                   RUPS
                                        Board of Commissioners Meeting       Joint Meeting of the Board of Directors and                  AGM
                                                                                    the Board of Commissioners


          Nama          Jabatan       Jumlah dan Persentase Kehadiran          Jumlah dan Persentase Kehadiran              Jumlah dan Persentase Kehadiran
          Name          Position     Number and Percentage of Attendance      Number and Percentage of Attendance          Number and Percentage of Attendance


                                      Jumlah       Jumlah                     Jumlah          Jumlah                        Jumlah       Jumlah
                                       Rapat     Kehadiran     Perssentase     Rapat        Kehadiran      Perssentase       Rapat     Kehadiran     Perssentase
                                     Number of      Total      Percentage    Number of         Total       Percentage      Number of      Total      Percentage
                                     Meetings    Attendance                  Meetings       Attendance                     Meetings    Attendance

                      Komisaris
                      Utama/
                      Komisaris
                      Independen /
Said Aqil Siroj                         18            16           89%            14             13             93%            2            2           100%
                      President
                      Commissioner
                      /Independent
                      Commissioner
                      Komisaris
                      Independen /
Rochadi                                 18            18          100%            14             14            100%            2            1           50%
                      Independent
                      Commissioner
                      Komisaris
                      Independen /
Riza Primadi                            18            16           89%            14             14            100%            2            2           100%
                      Independent
                      Commissioner
                      Komisaris
                      Independen /
Endang Tirtana                          18            16           89%            14             14            100%            2            2           100%
                      Independent
                      Commissioner
Sri Paduka            Komisaris /
                                        18            17           94%            14             14            100%            2            2           100%
Mangkoenagoro X       Commissioner
Johan Bakti Porsea    Komisaris /
                                        18            13           72%            14             10             71%            2            2           100%
Sirait                Commissioner
                      Komisaris /
Diah Natalisa                           18            15           83%            14             12             86%            2            2           100%
                      Commissioner
                      Komisaris /
Chairul Anwar                           18            16           89%            14             13             93%            2            2           100%
                      Commissioner
                      Komisaris /
Mohamad Risal Wasal                     18            16           89%            14             12             86%            2            2           100%
                      Commissioner



PELATIHAN DAN/ATAU PENINGKATAN                                                   TRAINING AND/OR IMPROVING THE
KOMPETENSI ANGGOTA DEWAN KOMISARIS                                               COMPETENCY OF MEMBERS OF THE BOARD
                                                                                 OF COMMISSIONERS
Kebijakan Pelatihan dan/atau Peningkatan Kompetensi                              Training Policy and/or Competency Improvement for
Anggota Dewan Komisaris                                                          Members of the Board of Commissioners
Perseroan memahami bahwa program pelatihan dan/atau                              The Company understands that training and/or
peningkatan kompetensi merupakan sesuatu yang                                    competency improvement programs are important, so
penting,   agar    Dewan   Komisaris     dapat     selalu                        that the Board of Commissioners can always be informed
mendapatkan informasi perkembangan terkini dari core                             of the latest developments in the Company's core
business dan bisnis penunjang Perusahaan, hingga                                 business and supporting businesses, as well as the
perkembangan peraturan perundangundangan yang                                    development of applicable laws and regulations. The
berlaku. Perseroan mengatur kebijakan pelatihan dan/                             Company regulates the training and/or competency
atau peningkatan kompetensi bagi anggota Dewan                                   improvement policy for members of the Board of
Komisaris di dalam Board Manual, dengan uraian                                   Commissioners in the Board Manual, with the following
ketentuan berikut:                                                               description of provisions:
   1. Program Peningkatan Kapabilitas dilaksanakan                                  1. The    Capability    Enhancement      Program     is
      dalam rangka meningkatkan efektivitas kerja Dewan                                implemented in order to improve the effectiveness
      Komisaris dan dimasukkan dalam Rencana Kerja                                     of the Board of Commissioners' work and is included
      dan Anggaran Dewan Komisaris.                                                    in the Board of Commissioners' Work Plan and
                                                                                       Budget.
   2. Rencana    untuk      melaksanakan     program                                2. The plan to implement the capability enhancement
      peningkatan kapabilitas harus dimasukkan dalam                                   program should be included in the Board of
      rencana kerja dan anggaran tahunan Dewan                                         Commissioners' annual work plan and budget.
      Komisaris.
   3. Setiap Anggota Dewan Komisaris yang mengikuti                                    3. Each Member of the Board of Commissioners who




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                                Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




     program peningkatan kapabilitas seperti seminar                 participates in capability building programs such
     dan/atau pelatihan diminta untuk menyajikan                     as seminars and/or training is required to present
     presentasi kepada Anggota Dewan Komisaris                       to other Members of the Board of Commissioners
     lainnya dalam rangka berbagai informasi dan                     in order to share information and knowledge.
     pengetahuan (sharing knowledge).
  4. Anggota Dewan Komisaris yang bersangkutan                     4. The member of the Board of Commissioners
     bertanggung jawab untuk membuat laporan                          concerned is responsible for making a report on
     tentang pelaksanaan program peningkatan                          the implementation of the capability improvement
     kapabilitas dan disampaikan kepada Dewan                         program and submitting it to the Board of
     Komisaris.                                                       Commissioners.

Program Peningkatan Kapabilitas dapat berbentuk                 The Capability Enhancement Program may take the form
seminar, lokakarya, pelatihan, pelatihan in-house, studi        of seminars, workshops, training, in-house training,
banding, dan program lainnya yang berkaitan dengan:             comparative studies, and other related programs:
  1. Pengetahuan terkait prinsip hukum korporasi dan               1. Knowledge related to corporate law principles and
     updating peraturan perundang-undangan yang                       updating laws and regulations related to the
     berhubungan dengan kegiatan usaha perusahaan.                    company's business activities.
  2. Pengetahuan terkait Lingkungan Bisnis dan issue               2. Knowledge of the business environment and current
     perekonomian terkini.                                            economic issues.
  3. Pengetahuan terkait tugas fungsi pengawasan                   3. Knowledge related to the supervisory function of
     Sistem Pengendalian Internal, Manajemen Risiko,                  Internal Control System, Risk Management, Quality
     Sistem Manajemen Mutu, Internal Audit, Good                      Management System, Internal Audit, Good Corporate
     Corporate Governance, Sistem Informasi Teknologi,                Governance, Information Technology System,
     Kebijakan akuntansi dan Pelaporan Keuangan,                      Accounting and Financial Reporting Policy, Human
     Pengelolaan Human Capital, research and                          Capital Management, Research and Development
     development dan Kebijakan Pengadaan Barang                       and Goods and Services Procurement Policy.
     dan Jasa.
  4. Pengetahuan      terkait   perusahaan     pesaing,            4. Knowledge related to competitor companies,
     perusahaan pengganti, perusahaan kelas dunia/                    substitute companies, world-class companies /
     perusahana benchmark.                                            benchmark companies.

Pelatihan dan/atau Peningkatan Kompetensi yang                  Training and/or Competency Improvement Participated
Diikuti Anggota Dewan Komisaris Tahun 2023                      by Members of the Board of Commissioners in 2023
Pada tahun 2023, masing-masing anggota Dewan                    In 2023, each member of the Board of Commissioners
Komisaris mengikuti pelatihan dan/atau peningkatan              participated in training and/or competency improvement
kompetensi dengan perincian sebagai berikut:                    with the following details:


                                         Jenis Pelatihan dan
      Nama              Jabatan            Materi Pelatihan          Waktu dan Tempat Pelaksanaan         Penyelenggara
      Name              Position        Types of Training and       Time and Place of Implementation        Organizer
                                          Training Materials

                                       GRC Professional            Hotel Gaia Bandung, 26 Oktober 2023    Strategic
                                       Advanced-Level              / Gaia Hotel Bandung, October 26 th,   Development
                                       Executive (GRCE)            2023                                   Group
                   Komisaris
                   Independen /
 Rochadi                                                                                                  Ikatan Komite
                   Independent
                                       Certification in Audit      Hotel Manhattan Jakarta, 22-25         Audit Indonesia /
                   Commissioner
                                       Committee Practices         Agustus 2023 / Manhattan Hotel         Indonesian Audit
                                       batch 33                    Jakarta, August 22 nd-25 th, 2023      Committee
                                                                                                          Association

                                       GRC Professional            Hotel Gaia Bandung, 26 Oktober 2023    Strategic
                                       Advanced-Level              / Gaia Hotel Bandung, October 26 th,   Development
                                       Executive (GRCE)            2023                                   Group
                   Komisaris
                                                                   Kampus Harvard Bussines School, 8-11
                   Independen /        Compensation                                                       Harvard
 Riza Primadi                                                      November 2023 / Harvard Bussines
                   Independent         Commiittees                                                        Bussiness School
                                                                   School, November 8 th-11 th, 2023
                   Commissioner
                                                                   Kampus Harvard Bussines School, 12-
                                       Making Corporate                                                   Harvard
                                                                   14 November 2023 / Harvard Bussines
                                       Board Effective                                                    Bussiness School
                                                                   School, November 12 th-14 th, 2023




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                                                                    Annual and Sustainability Report
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                                  Tata Kelola Perusahaan
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                                         Jenis Pelatihan dan
      Nama             Jabatan             Materi Pelatihan          Waktu dan Tempat Pelaksanaan          Penyelenggara
      Name             Position         Types of Training and       Time and Place of Implementation         Organizer
                                          Training Materials

                                                                                                          Ikatan Komite
                                       Certification in Audit      Hotel Manhattan Jakarta, 22-25         Audit Indonesia /
                                       Committee Practices         Agustus 2023 / Manhattan Hotel         Indonesian Audit
                                       batch 33                    Jakarta, August 22 nd-25 th, 2023      Committee
                                                                                                          Association

                  Komisaris
                                       GRC Professional            Hotel Gaia Bandung, 26 Oktober 2023    Strategic
                  Independen /
 Endang Tirtana                        Advanced-Level              / Gaia Hotel Bandung, October 26 th,   Development
                  Independent
                                       Executive (GRCE)            2023                                   Group
                  Commissioner

                                                                   Kampus Harvard Bussines School, 8-11
                                       Compensation                                                       Harvard
                                                                   November 2023 / Harvard Bussines
                                       Commiittees                                                        Bussiness School
 Sri Paduka                                                        School, November 8 th-11 th, 2023
                  Komisaris /
 Mangkoenagoro
                  Commissioner
 X                                                                 Kampus Harvard Bussines School, 12-
                                       Making Corporate                                                   Harvard
                                                                   14 November 2023 / Harvard Bussines
                                       Board Effective                                                    Bussiness School
                                                                   School, November 12 th-14 th, 2023

                                                                   Kampus Harvard Bussines School, 8-11
                                       Compensation                                                       Harvard
                                                                   November 2023 / Harvard Bussines
                                       Commiittees                                                        Bussiness School
                                                                   School, November 8 th-11 th, 2023
                  Komisaris /
 Diah Natalisa
                  Commissioner
                                                                   Kampus Harvard Bussines School, 12-
                                       Making Corporate                                                   Harvard
                                                                   14 November 2023 / Harvard Bussines
                                       Board Effective                                                    Bussiness School
                                                                   School, November 12 th-14 th, 2023

                                       GRC Professional            Hotel Gaia Bandung, 26 Oktober 2023    Strategic
                  Komisaris /
 Chairul Anwar                         Advanced-Level              / Gaia Hotel Bandung, October 26 th,   Development
                  Commissioner
                                       Executive (GRCE)            2023                                   Group


PROGRAM ORIENTASI BAGI KOMISARIS                                ORIENTATION PROGRAM FOR NEW
BARU TAHUN 2023                                                 COMMISSIONERS IN 2023
Selama tahun 2023, tidak ada perubahan Dewan                    During 2023, there will be no changes to the Board of
Komisaris sehingga Perseroan tidak menyelenggarakan             Commissioners so that the Company will not hold an
program orientasi bagi komisaris baru.                          orientation program for new commissioners.

Rekomendasi, Pelaksanaan Tugas Dewan Komisaris,                 Recommendations, Implementation of Board of
Serta Pengawasan Implementasi Strategi Perseroan                Commissioners' Duties, and Supervision of the
Sebagai bagian dari penerapan fungsi pengawasan dan             Company's Strategy Implementation
pemberian nasihat bagi Perseroan, Dewan Komisaris               As part of the implementation of the supervisory and
melaksanakan tugas melalui berbagai bentuk kegiatan.            advisory functions for the Company, the Board of
Pelaksaan tugas tersebut mencakup pelaksanaan rapat,            Commissioners carries out its duties through various forms
baik berupa rapat internal maupun rapat gabungan                of activities. This includes conducting meetings, both
bersama Direksi. Dalam rangka mendapatkan informasi             internal meetings and joint meetings with the Board of
yang lebih lengkap dan mendalam, Dewan Komisaris                Directors. In order to obtain more complete and in-depth
melaksanakan kunjungan langsung ke wilayah kerja/               information, the Board of Commissioners conducts
operasional Perseroan. Di samping itu, Dewan Komisaris          direct visits to the Company's working/operational areas.
melaksanakan tugas dengan melakukan korespondensi/              In addition, the Board of Commissioners carries out its
surat tertulis, baik kepada Direksi maupun kepada               duties by conducting correspondence/written letters, both
pemegang saham, yang ditujukan sebagai pemberian                to the Board of Directors and to shareholders, which are
laporan, tanggapan tertulis, serta pemberian nasihat.           intended to provide reports, written responses, and
Pelaksanaan tugas Dewan Komisaris untuk tahun 2022              advice. The implementation of the Board of
terdiri atas kegiatan korespondensi, pelaksanaan rapat,         Commissioners'        duties   for   2022   consists     of
serta kegiatan di luar kegiatan rutin, yang diuraikan           correspondence, meetings, and activities outside routine
sebagai berikut:                                                activities, which are described as follows:

  A. Surat-Menyurat                                               A. Correspondence
     Untuk tahun 2023, Dewan Komisaris memberikan                    For the year 2023, the BOC provided necessary
     tanggapan, arahan, nasehat serta laporan yang                   feedback, direction, advice and reports, both to the
     diperlukan, baik kepada Direksi maupun kepada                   BOD and to shareholders, with the following details:
     pemegang saham, dengan perincian sebagai
     berikut:




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                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




      1)   Surat Dewan Komisaris kepada Deputi Bidang                1)  Letter from the Board of Commissioners to the
           Keuangan dan Manajemen Resiko Nomor 01/CG/                    Deputy for Finance and Risk Management
           KOM/I/2023, tanggal 24 Januari 2023 perihal                   Number 01/CG/KOM/I/2023, dated January 24th,
           Penyampaian Data Organ Pendukung Dewan                        2023 regarding Submission of Data on
           Komisaris PT KAI (Persero).                                   Supporting     Organs     of  the   Board     of
                                                                         Commissioners of PT KAI (Persero).
      2) Surat Dewan Komisaris kepada Menteri BUMN                   2) Letter from the Board of Commissioners to the
         Nomor 02/CF/KOM/I/2023, tanggal 24 Januari                      Minister of SOEs Number 02/CF/KOM/I/2023,
         2023 perihal Tanggapan dan Saran Dewan                          dated January 24 th, 2023 regarding the
         Komisaris atas Usulan RKAP Tahun 2023.                          Response and Suggestions of the Board of
                                                                         Commissioners on the Proposed 2023 RKAP.
      3) Surat Dewan Komisaris kepada Menteri BUMN                   3) Letter from the Board of Commissioners to the
         Selaku Pemegang Saham Nomor 03/CF/KOM/                          Minister of SOEs As Shareholder Number 03/CF/
         I/2023, tanggal 24 Januari 2023 perihal Usulan                  KOM/I/2023, dated January 24th,, 2023 regarding
         Indikator Aspek Operasional dalam RKAP 2023.                    the Proposed Operational Aspect Indicators in
                                                                         the 2023 RKAP.
      4) Surat Dewan Komisaris kepada Direktur Utama                 4) Letter from the Board of Commissioners to the
         PT KAI (Persero) Nomor 05/CH/KOM/II/2023                        President Director of PT KAI (Persero) Number
         tanggal 15 Februari 2023 perihal Persetujuan                    05/CH/KOM/II/2023 dated February 15 th, 2023
         Usulan Kandidat Direksi PT Pilar Sinergi BUMN                   regarding the Approval of the Proposed
         Indonesia.                                                      Candidate for the Board of Directors of PT Pilar
                                                                         Sinergi SOE Indonesia.
      5) Surat Dewan Komisaris kepada Direktur Utama                 5) Letter from the Board of Commissioners to the
         PT KAI (Persero) Nomor 06/CH/RAH/KOM/II/2023                    President Director of PT KAI (Persero) Number
         tanggal 21 Februari 2023 perihal Pelaksana                      06/CH/RAH/KOM/II/2023 dated February 21 st,
         Tugas Direktur Pengelolaan Sarana PT KAI                        2023 regarding the Implementation of the
         (Persero).                                                      Duties of the Managing Director of Rolling Stock
                                                                         of PT KAI (Persero).
      6) Surat Dewan Komisaris kepada Direktur Utama                 6) Letter from the Board of Commissioners to the
         PT KAI (Persero) Nomor 07/CF/KOM/III/2023                       President Director of PT KAI (Persero) Number
         tanggal 1 Maret 2023 perihal Persetujuan                        07/CF/KOM/III/2023 dated March 1 st, 2023
         Pengurus Anak Perusahaan dan Perusahaan                         regarding the Approval of the Management of
         Patungan PT KAI (Persero).                                      Subsidiaries and Joint Venture Companies of
                                                                         PT KAI (Persero)
      7) Surat Dewan Komisaris kepada Ketua Cluster                  7) Letter from the Board of Commissioners to the
         Talent Committee (CTC) BUMN Sektor Logistik                     Head of Cluster Talent Committee (CTC) of SOE
         Nomor 08/CF/KOM/III/2023 tanggal 1 Maret 2023                   Logistics Sector Number 08/CF/KOM/III/2023
         perihal Talent Pool PT Kereta Api Indonesia.                    dated March 1 st, 2023 regarding Talent Pool of
                                                                         PT Kereta Api Indonesia.
      8) Surat Dewan Komisaris kepada Direktur Utama                 8) Letter from the Board of Commissioners to the
         PT KAI (Persero) Nomor 09/CH/RAH/KOM/IV/                        President Director of PT KAI (Persero) Number
         2023 tanggal 3 April 2023 perihal Persetujuan                   09/CH/RAH/KOM/IV/2023 dated April 3 rd, 2023
         Penetapan dan Perubahan Struktur Organisasi                     regarding Approval of Determination and
         Direktorat Operasi.                                             Changes to Organizational Structure of
                                                                         Directorate of Operations.
      9) Surat Dewan Komisaris kepada Direktur Utama                 9) Letter from the Board of Commissioners to the
         PT KAI (Persero) Nomor 10/CF/KOM/III/2023                       President Director of PT KAI (Persero) Number
         tanggal 24 Maret 2023 perihal Studi Banding                     10/CF/KOM/III/2023 dated March 24 th, 2023
         Kereta Cepat dan LRT.                                           regarding Comparative Study of High-Speed
                                                                         Train and LRT.
      10) Surat Dewan Komisaris kepada Direktur Utama                10) Letter from the Board of Commissioners to the
          PT KAI (Persero) Nomor 11/CH/RAH/KOM/III/2023                  President Director of PT KAI (Persero) Number
          tanggal 24 Maret 2023 perihal Penyerahan                       11/CH/RAH/KOM/III/2023 dated March 24th, 2023
          buku “Pemantauan Implementasi Enterprise                       regarding Submission of the book “Monitoring
          Risk Management (ERM) di PT KAI”.                              the Implementation of Enterprise Risk
                                                                         Management (ERM) at PT KAI”.
      11) Surat Dewan Komisaris kepada Direktur Utama                11) Letter from the Board of Commissioners to the
          Nomor 20/CF/KOM/V/2023, tanggal 19 Mei 2023                    President Director Number 20/CF/KOM/V/2023,
          perihal Persetujuan KPI Individual Direksi Tahun               dated May 19 th, 2023 regarding Approval of the
          2023.                                                          Individual KPI of the Board of Directors for
                                                                         2023.




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      12) Surat Dewan Komisaris kepada Direktur Utama        12) Letter from the Board of Commissioners to the
          Nomor 21/CF/KOM/V/2023, tanggal 19 Mei 2023            President Director Number 21/CF/KOM/V/2023,
          perihal Rancana Pendayagunaan Aset Jalan               dated May 19 th, 2023 regarding the Plan for
          Dupak, Surabaya.                                       Utilization of Dupak Road Assets, Surabaya.
      13) Surat Dewan Komisaris kepada Direktur Utama        13) Letter from the Board of Commissioners to the
          Nomor 22/CH/KOM/V/2023, tanggal 19 Mei 2023            President Director Number 22/CH/KOM/V/2023,
          perihal Persetujuan Penunjukan EVP Corporate           dated May 19 th, 2023 regarding Approval of
          Secretary.                                             Appointment of EVP Corporate Secretary.
      14) Surat Dewan Komisaris kepada Menteri BUMN          14) Letter from the Board of Commissioners to the
          selaku Pemegang Saham Nomor 23/CF/KOM/                 Minister of SOEs as Shareholder Number 23/CF/
          V/2023, tanggal 19 Mei 2023 perihal Pengisian          KOM/V/2023, dated May 19 th, 2023 regarding
          Jabatan Direktur Pengelolaan Sarana.                   Filling the Position of Managing Director of
                                                                 Rolling Stock Management.
      15) Surat Dewan Komisaris kepada Menteri BUMN          15) Letter from the Board of Commissioners to the
          Nomor 25/CF/KOM/V/2023, tanggal 23 Mei 2023            Minister of SOEs Number 25/CF/KOM/V/2023,
          perihal Tanggapan dan Laporan Pelaksanaan              dated May 23 rd, 2023 regarding Response and
          Tugas Pengawasan Dewan Komisaris PT Kereta             Report on the Implementation of the
          Api Indonesia (Persero) Triwulan I Tahun 2023.         Supervisory     Duties   of    the   Board    of
                                                                 Commissioners of PT Kereta Api Indonesia
                                                                 (Persero) for the First Quarter of 2023.
      16) Surat Dewan Komisaris kepada menteri BUMN          16) Letter from the Board of Commissioners to the
          Nomor 26/CG/KOM/VI/2023, tanggal 14 Juni 2023          Minister of SOEs Number 26/CG/KOM/VI/2023,
          perihal Tanggapan dan Saran Dewan Komisaris            dated June 14 th, 2023 regarding Response and
          atas Kinerja PT Kereta Api Indonesia (Persero)         Suggestions from the Board of Commissioners
          Tahun Buku 2022 (Audited).                             on the Performance of PT Kereta Api Indonesia
                                                                 (Persero) for the 2022 Fiscal Year (Audited).
      17) Surat Dewan Komisaris kepada Menteri BUMN          17) Letter from the Board of Commissioners to the
          Nomor 27/CG/KOM/VI/2023, tanggal 14 Juni 2023          Minister of SOEs Number 27/CG/KOM/VI/2023,
          perihal    Laporan     Pelaksanaan     Tugas           dated June 14 th, 2023 regarding the Report on
          Pengasawan Dewan Komisaris PT Kereta Api               the Implementation of the Supervisory Duties
          Indonesia (Persero) Tahun 2022.                        of the Board of Commissioners of PT Kereta Api
                                                                 Indonesia (Persero) in 2022.
      18) Surat Dewan Komisaris kepada Menteri BUMN          18) Letter from the Board of Commissioners to the
          Nomor 28/CG/KOM/VI/2023, tanggal 14 Juni 2023          Minister of SOEs Number 28/CG/KOM/VI/2023,
          perihal Usulan Penetapan Kantor Akuntan                dated June 14 th, 2023 regarding the Proposal
          Publik (KAP) untuk Audit atas Laporan                  for the Appointment of a Public Accounting
          Keuangan Konsolidasian Tahun Buku 2023.                Firm (KAP) for the Audit of the Consolidated
                                                                 Financial Statements for the 2023 Financial Year.
      19) Surat Dewan Komisaris kepada Menteri BUMN          19) Letter from the Board of Commissioners to the
          Nomor 29/CG/KOM/VI/2023, tanggal 14 Juni 2023          Minister of SOEs Number 29/CG/KOM/VI/2023,
          perihal Usulan Remunerasi Direksi dan Dewan            dated June 14 th, 2023 regarding the Proposal
          Komisaris atas Kinerja Tahun Buku 2022.                for the Remuneration of the Board of Directors
                                                                 and Board of Commissioners for the
                                                                 Performance of the 2022 Financial Year.
      20) Surat Dewan Komisaris kepada Direktur Utama        20) Letter from the Board of Commissioners to the
          Nomor 32/CF/KOM/VIII/2023, tanggal 7 Agustus           President Director Number 32/CF/KOM/VIII/2023,
          2023 perihal Tanggapan Dewan Komisaris atas            dated August 7 th, 2023 regarding the Board of
          Usulan Tambahan penyertaan Modal Negara                Commissioners' Response to the Proposal for
          kepada PT KAI (Persero) Tahun 2023 untuk               Additional State Capital Participation to PT KAI
          Peningkatan Pelayanan Penumpang KRL                    (Persero) in 2023 for Improving Jabodetabek
          Jabodetabek.                                           Commuter Line Passenger Services.
      21) Surat Dewan Komisaris kepada Menteri BUMN          21) Letter from the Board of Commissioners to the
          Nomor 35/CG/KOM/VIII/2023, tanggal 24 Agustus          Minister of SOEs Number 35/CG/KOM/VIII/2023,
          2023 perihal Laporan Pelaksanaan Tugas                 dated August 24 th, 2023 regarding the Report
          Pengawasan Dewan Komimsaris PT Kereta Api              on the Implementation of Supervisory Duties
          Indonesia (Persero) Semester I Tahun 2023.             of the Board of Commissioners of PT Kereta Api
                                                                 Indonesia (Persero) Semester I of 2023.




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364                                                                             PT Kereta Api Indonesia (Persero)
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




      22) Surat Dewan Komisaris kepada Menteri BUMN                  22) Letter from the Board of Commissioners to the
          Nomor 36/CF/KOM/VIII/2023, tanggal 24 Agustus                  Minister of SOEs Number 36/CF/KOM/VIII/2023,
          2023   perihal  Tanggapan     dan    Laporan                   dated August 24 th, 2023 regarding the
          Pelaksanaan Tugas Pengawasan Dewan                             Response and Report on the Implementation
          Komisaris PT Kereta Api Indonesia (persero)                    of Supervisory Duties of the Board of
          Semester I Tahuan 2023                                         Commissioners of PT Kereta Api Indonesia
                                                                         (Persero) Semester I of 2023
      23) Surat Dewan Komisaris kepada Direktur Utama                23) Letter from the Board of Commissioners to the
          Nomor 38/CF/KOM/VIII/2023, tanggal 31 Agustus                  President Director Number 38/CF/KOM/VIII/2023,
          2023 perihal Tanggapan Dewan Komisaris atas                    dated August 31st, 2023 regarding the Response
          Penghapusbukuan Aset Tanah Milik PT KAI                        of the Board of Commissioners on the Write-off
          (Persero) di Jalan Kebon Kawung Nomor 3 Kota                   of Land Assets Owned by PT KAI (Persero) on
          Bandung.                                                       Jalan Kebon Kawung Number 3, Bandung City.
      24) Surat Dewan Komisaris kepada Direktur Utama                24) Letter from the Board of Commissioners to the
          Nomor 39/CF/KOM/VIII/2023, tanggal 31 Agutus                   President Director Number 39/CF/KOM/VIII/2023,
          2023 perihal Tanggapan Dewan Komisaris atas                    dated August 31 st, 2023 regarding the Board of
          Pengahpusbukuan Aset Tanah Milik PT KAI                        Commissioners' Response to the Write-off of
          (Persero) di Kelurahan Simpang Haru, Padang.                   Land Assets Owned by PT KAI (Persero) in
                                                                         Simpang Haru Village, Padang.
      25) Surat Dewan Komisaris kepada Direktur Utama                25) Letter from the Board of Commissioners to the
          Nomor 41/CF/KOM/IX/2023, tanggal 11 September                  President Director Number 41/CF/KOM/IX/2023,
          2023     perihal    Usulan  Pengurus      Anak                 dated September 11 th, 2023 regarding Proposal
          Perusahaan.                                                    for Subsidiary Management.
      26) Surat Dewan Komisaris kepada Direktur Utama                26) Letter from the Board of Commissioners to the
          Nomor       42/CF/KOM/IX/2023,     tanggal   11                President Director Number 42/CF/KOM/IX/2023,
          September 2023 perihal Persetujuan Dewan                       dated September 11 th, 2023 regarding Approval
          Komisaris atas Penetapan Struktur Organisasi                   of the Board of Commissioners on the
          1 (satu) Tingkat di Bawah Direksi.                             Determination of the Organizational Structure
                                                                         1 (one) Level Below the Board of Directors.
      27) Surat Dewan Komisaris kepada Direktur Utama                27) Letter from the Board of Commissioners to the
          Nomor      45/CF/KOM/IX/2023,    tanggal     11                President Director Number 45/CF/KOM/IX/2023,
          September 2023 perihal Tanggapan Tertulis                      dated September 11 th, 2023 regarding Written
          Dewan Komisaris atas Reaktivasi Prasarana dan                  Response from the Board of Commissioners on
          Penyelenggaraan Perkeretaapian Umum pada                       the Reactivation of Infrastructure and Provision
          Lintas Stasiun Cibatu Sampai Dengaan Stasiun                   of Public Railways on the Cibatu Station to Garut
          Garut.                                                         Station Line.
      28) Surat Dewan Komisaris kepada Direktur Utama                28) Letter from the Board of Commissioners to the
          Nomor      46/CF/KOM/IX/2023,    tanggal    13                 President Director Number 46/CF/KOM/IX/2023,
          September 2023 perihal Tanggapan Dewan                         dated September 13 th, 2023 regarding the
          Komisaris atas Penghapusbukuan ATDO Eks                        Response of the Board of Commissioners to the
          KKA Emplasemen Stasiun Domplang.                               Write-off of ATDO Ex-KKA Emplacement
                                                                         Domplang Station.
      29) Surat Dewan Komisaris kepada Direktur Utama                29) Letter from the Board of Commissioners to the
          Nomor    50/CF/KOM/IX/2023,     tanggal   19                   President Director Number 50/CF/KOM/IX/2023,
          September 2023 perihal Usulan Pengurus Anak                    dated September 19 th, 2023 regarding the
          Perusahaan.                                                    Proposal for the Management of the Subsidiary
                                                                         Company.
      30) Surat Dewan Komisaris kepada Direktur Utama                30) Letter from the Board of Commissioners to the
          Nomor 51/CF/KOM/X/2023, tanggal 11 Oktober                     President Director Number 51/CF/KOM/X/2023,
          2023 perihal Tanggapan Tertulis Dewan                          dated October 11 th, 2023 regarding the Written
          Komisaris atas Penyelenggaraan Prasarana                       Response of the Board of Commissioners
          Perkeretaapian Umum di Sumatera bagina                         regarding the Implementation of Public
          Selatan Pada Segmen I Lintas Lahat-Kertapati.                  Railway Infrastructure in South Sumatra on
                                                                         Segment I of the Lahat-Kertapati Route.
      31) Surat Dewan Komisaris kepada Direktur Utama                31) Letter from the Board of Commissioners to the
          Nomor 52/CF/KOM/X/2023, tanggal 11 Oktober                     President Director Number 52/CF/KOM/X/2023,
          2023 perihal Tanggapan Tertulis Dewan                          dated October 11 th, 2023 regarding the Written
          Komisaris atas Rencana Penerimaan Pinjaman                     Response of the Board of Commissioners on
          untuk Cost Overrun Proyek KCJB.                                the Loan Receipt Plan for the KCJB Project Cost
                                                                         Overrun.




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PT Kereta Api Indonesia (Persero)                                                                                             365
                                                                 Annual and Sustainability Report
Page 366
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




      32) Surat Dewan Komisaris kepada Direktur Utama            32) Letter from the Board of Commissioners to the
          Nomor 54/CF/KOM/X/2023, tanggal 12 Oktober                 President Director Number 54/CF/KOM/X/2023,
          2023 perihal Penetapan Besaran Imbalan Jasa                dated     October      12 th,  2023   regarding
          Pengadaan KAP untuk General Audit PT Kereta                Determination of the Amount of Remuneration
          Api Indonesia (Persero) Tahun Buku 2023.                   for the Procurement of Public Accounting Firm
                                                                     for the General Audit of PT Kereta Api Indonesia
                                                                     (Persero) for the 2023 Fiscal Year.
      33) Surat Dewan Komisaris kepada Direktur Utama            33) Letter from the Board of Commissioners to the
          Nomor 60/CF/KOM/XI/2023, tanggal 8 November                President Director Number 60/CF/KOM/XI/2023,
          2023 perihal Persetujuan Pengurus Anak                     dated November 8 th, 2023 regarding Approval
          Perusahaan dan Perusahaan Patungan PT                      of the Management of Subsidiaries and Joint
          Kereta Api Indonesia (Persero).                            Venture Companies of PT Kereta Api Indonesia
                                                                     (Persero).
      34) Surat Dewan Komisaris kepada Direktur Utama            34) Letter from the Board of Commissioners to the
          Nomor 61/CF/KOM/X/2023, tanggal 8 November                 President Director Number 61/CF/KOM/X/2023,
          2023 perihal Rencana Adendum Perjanjian                    dated November 8 th, 2023 regarding the
          Sewa Aset Tanah Milik PT KAI (Persero) di Lintas           Planned Addendum to the Agreement for the
          Non Aktif Krian-Ploso, Daerah Operasi 7 Madiun.            Lease of Land Assets Owned by PT KAI (Persero)
                                                                     on the Non-Active Krian-Ploso Route, Operation
                                                                     Area 7 Madiun.
      35) Surat Dewan Komisaris kepada Direktur Utama            35) Letter from the Board of Commissioners to the
          Nomor 62/CF/KOM/XI/2023, tanggal 8 November                President Director Number 62/CF/KOM/XI/2023,
          2023 perihal Penyampaian Rancangan KPI                     dated November 8 th, 2023 regarding the
          Indidviu Tahun 2024.                                       Submission of the Draft KPI Individual for 2024.
      36) Surat Dewan Komisaris kepada Direktur Utama            36) Letter from the Board of Commissioners to the
          Nomor     63/CF/KOM/XI/2023,   tanggal   20                President Director Number 63/CF/KOM/XI/2023,
          November 2023 perihal Tanggapan dan Laporan                dated November 20th, 2023 regarding Response
          Pelaksanaan Tugas Pengawasan Dewan                         and Report on the Implementation of
          Komisaris PT Kereta Api Indonesia (Persero)                Supervisory     Duties      of  the  Board    of
          Triwulan III Tahun 2023.                                   Commissioners of PT Kereta Api Indonesia
                                                                     (Persero) Quarter III of 2023.
      37) Surat Dewan Komisaris kepada Menteri BUMN              37) Letter from the Board of Commissioners to the
          Nomor    64/CF/KOM/XI/2023,       tanggal    20            Minister of SOEs Number 64/CF/KOM/XI/2023,
          November 2023 perihal Laporan Pelaksanaan                  dated November 20 th, 2023 regarding Report
          Tugas Pengawasan Dewan Komisaris PT Kereta                 on the Implementation of Supervisory Duties
          Api Indonesia (Persero) Triwulan III Tahun 2023.           of the Board of Commissioners of PT Kereta Api
                                                                     Indonesia (Persero) Quarter III of 2023.
      38) Surat Dewan Komisaris kepada Direktur Utama            38) Letter from the Board of Commissioners to the
          Nomor      65/CF/KOM/XI/2023,  tanggal   20                President Director Number 65/CF/KOM/XI/2023,
          November 2023 perihal Tanggapan Tertulis                   dated November 20 th, 2023 regarding Written
          Dewan Komisaris atas Penyelenggaraan                       Response from the Board of Commissioners on
          Prasarana Perkeretaapian Umum di Sumatera                  the Implementation of Public Railway
          Bagian Selatan Pada Segmen I Lintas Lahat-                 Infrastructure in the Southern Sumatra Section
          Kertapati.                                                 on Segment I of the Lahat-Kertapati.

  B. Rapat Internal Dewan                                     B. Internal Board Meetings
     Rapat    Internal   Dewan     Komisaris KAI                 Internal meetings of the KAI Board of
     diselenggarakan   dalam   rangka   membahas                 Commissioners are held in order to discuss company
     permasalahan perusahaan yang memerlukan                     issues that require the supervision and advice of
     pengawasan dan penasihatan Komisaris.                       the Commissioners.

      Pengungkapan mengenai pelaksanaan rapat                   Disclosure regarding the implementation of the
      internal Dewan Komisaris, mencakup tanggal                internal meeting of the Board of Commissioners,
      pelaksanaan, agenda, serta peserta rapat telah            including the date of implementation, agenda, and
      disajikan di dalam subbagian Agenda, Tanggal, dan         meeting participants has been presented in the
      Peserta Rapat Internal Dewan Komisaris Tahun 2023.        Agenda, Date, and Participants of the Internal
                                                                Meeting of the Board of Commissioners in 2023
                                                                subsection.




                       Laporan Tahunan dan Keberlanjutan
366                                                                                PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 367
                                      Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                        Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  C. Rapat Gabungan Dewan Komisaris Bersama                                  C. Joint Meeting of the Board of Commissioners with
     Direksi                                                                    the Board of Directors
     Rapat Dewan Komisaris Bersama Direksi KAI                                  Joint meetings of the Board of Commissioners and
     diselenggarakan untuk membahas permasalahan                                the Board of Directors of KAI are held to discuss
     perusahaan yang memerlukan pengawasan dan                                  company issues that require the supervision and
     penasihatan Komisaris. Pengungkapan mengenai                               advice of the Commissioners. Disclosure regarding
     pelaksanaan rapat gabungan Dewan Komisaris                                 the implementation of the joint meeting of the
     Bersama Direksi, mencakup tanggal pelaksanaan,                             Board of Commissioners and the Board of Directors,
     agenda, serta peserta rapat telah disajikan di dalam                       including the date of implementation, agenda, and
     subbagian Agenda, Tanggal, dan Peserta Rapat                               meeting participants has been presented in the
     Gabungan Dewan Komisaris Bersama Direksi Tahun                             Agenda, Date, and Participants of the Joint Meeting
     2023.                                                                      of the Board of Commissioners and the Board of
                                                                                Directors in 2023 subsection.

  D. Kegiatan Dewan Komisaris di Luar Kegiatan Rutin                         D. Activities of the Board of Commissioners Outside
                                                                                Routine Activities
        Selama tahun 2023, Dewan Komisaris melaksanakan                         During 2023, the Board of Commissioners will carry
        kegiatan di luar kegiatan rutin, dengan perincian                       out activities outside of routine activities, with the
        sebagai berikut:                                                        following details:


              Tanggal                                      Agenda                                                 Kehadiran
  No
               Date                                        Agenda                                                 Attendance

                               1. Paparan Daop 6 Yk dan KA BIAS : / Daop 6 Yk and KA BIAS
                                  Presentation:
                                    a. Peran Implementasi ERM dalam pencapaian target 2022.
                                       / The Role of ERM Implementation in achieving the 2022
                                       target.
                                    b. Kendala-kendala yang dihadapi di tahun 2022 dan tindak
          9 Februari 2023              lanjutnya. / Obstacles faced in 2022 and their follow-up.
   1      / February 9 th,          c. Risiko-risiko yang akan dihadapi di tahun 2023 dalam        Chairul Anwar, Endang Tirtana
          2023                         pencapaian target serta tindak lanjutnya. / Risks to be
                                       faced in 2023 in achieving
                               2. Paparan Transformasi Digital di BY Yogya. / Presentation
                                  of Digital Transformation at BY Yogya.
                               3. Melihat By Yogya di bagian yang telah dilakukan transformasi
                                  digital. / Seeing BY Yogya in the part where digital
                                  transformation has been carried out.

          13 Maret 2023 /      Pengecekan Transformasi Digital di Balai Yasa Yogyakarta. /
   2                                                                                               Rochadi
          March 13 th, 2023    Digital Transformation Check at Balai Yasa Yogyakarta.

                               Pembahasan Lanjutan Lahan PT KAI di Desa Sinar Banten/
          14 Maret 2023 /
   3                           Stasiun Bekri. / Further Discussion of PT KAI Land in Sinar         Chairul Anwar
          March 14 th, 2023
                               Banten Village/ Bekri Station.

          15-16 Maret
          2023 / 15-16         Workshop Manajemen Konten Sosial. / Social Content
   4                                                                                               Riza Primadi
          March 15 th-16 th,   Management Workshop.
          2023

          24 Mei 2023 /        Pengamanan Aset Daop 6 Yogyakarta. / Asset Security Daop
   5                                                                                               Chairul Anwar
          May 24 th, 2023      6 Yogyakarta.

          24 Mei 2023 /                                                                            Riza Primadi, Rochadi, Diah Natalisa,
   6                           Trial Run LRT Jabodebek. / Trial Run LRT Jabodebek.
          May 24 th, 2023                                                                          Sri Paduka Mangkoenagoro X

          5 Juni 2023 /        Rapat Pengembangan          Stasiun   Tugu.   /   Tugu   Station    Chairul Anwar, Endang Tirtana, M
   7
          June 5 th, 2023      Development Meeting.                                                Risal Wasal

          5 Juni 2023 /        Rakor Integrasi Sistem MR SmartKA. / System Integration             Chairul Anwar, Endang Tirtana, M
   8
          June 5 th, 2023      Coordination Meeting MR SmartKA.                                    Risal Wasal

          7 Juni 2023 /        Pengamanan Aset Daop 8 Surabaya. / Asset Security of Daop
   9                                                                                               Chairul Anwar, Endang Tirtana
          June 7 th, 2023      8 Surabaya.

                               Progres Pembenahan, Produksi K3 New G dan Kereta
          9 Juni 2023 /        Kompartemen oleh Balai Yasa Manggarai. / Progress of
  10                                                                                               Said Aqil Siraj
          June 9 th, 2023      Improvement, Production of K3 New G and Compartment
                               Trains by Balai Yasa Manggarai.

          13 Juni 2023 /       Uji coba LRT Jabodebek Dukuh Atas-Cibubur. / LRT trial run
   11                                                                                              Riza Primadi
          June 13 th, 2023     Jabodebek Dukuh Atas-Cibubur.




                                                                         Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                          367
                                                                             Annual and Sustainability Report
Page 368
                                         Tata Kelola Perusahaan
                                         Good Corporate Governance




          Tanggal                                         Agenda                                                 Kehadiran
 No
           Date                                           Agenda                                                 Attendance

                               Seminar Nasional Peningkatan Keamanan dan Keselamatan
      15 Juni 2023 /
 12                            Perlintasan Sebidang Jalur Kereta Api. / National Seminar          Said Aqil Siraj, Riza Primadi
      June 15 th, 2023
                               on Improving Security and Safety at Railway Level Crossings.

      19 Juni 2023 /           Pengawasan Aset Divre IV Tanjungkarang. / Tanjungkarang
 13                                                                                               Chairul Anwar, Endang Tirtana
      June 19 th, 2023         Divre IV Asset Supervision.

      22 Juni 2023 /           Mengikuti Uji coba KCJB 300 km/jam. / Participated in the
 14                                                                                               Riza Primadi
      June 22 nd, 2023         KCJB 300 km/hour trial.

                                                                                                  Said Aqil Siroj, Riza Primadi, Chairul
      23 Juni 2023 /           RUPS Kinerja 2022 PT Kereta Api Indonesia (Persero). / 2022        Anwar, Diah Natalisa, Endang Tritana,
 15
      June 23 rd, 2023         GMS Performance of PT Kereta Api Indonesia (Persero).              Sri Paduka Mangkoenagoro X, Johan
                                                                                                  Sirait, Mohamad Risal Wasal

      5-8 Juli 2023 /          Benchmarking ke China Railway di China. / Benchmarking
 16                                                                                               Risal Wasal
      July 5 th-8 th, 2023     to China Railway in China.

      24-30 Juli 2023
                               Benchmarking ke SNCF di Perancis. / Benchmarking to SNCF           Chairul Anwar, Endang Tirtana, Diah
 17   / July 24 th-30 th,
                               in France.                                                         Natalisa
      2023

      1-8 Agustus
                               Benchmarking ke TOD Buro Hapold di Inggris / Benchmarking          Riza Primadi, Rochadi, Sri Paduka
 18   2023 / August
                               to TOD Buro Hapold in England.                                     Mangkoenagoro X
      1 st-8 th, 2023

      14 Agustus               Menghadiri Acara Inovation Improvement Award di Banyuwangi.
 19   2023 / August            / Attending the Innovation Improvement Award Event in              Said Aqil Siroj
      14 th, 2023              Banyuwangi.

      5 September
                               Peninjauan Proyek Pengadaan Kereta Penumpang KAI ke PT
      2023 /
 20                            INKA. / Review of Passenger Train Procurement Project              Riza Primadi, Rochadi
      September 5 th,
                               KAI to PT INKA.
      2023

      6 September
      2023 /                   Penguatan ERM Daop 3, Daop 4 dan Balai Yasa Tegal. /
 21                                                                                               Chairul Anwar, Endang Tirtana
      September 6 th,          Strengthening of ERM Daop 3, Daop 4 and Balai Yasa Tegal
      2023

      11-12 September
      2023 /                   FGD Perlintasan Sebidang di Surabaya. / FGD Level Crossings        Said Aqil Siroj, Chairul Anwar, Endang
 22
      September 11 th-         in Surabaya.                                                       Tirtana
      12 th, 2023

                               a. Kinerja Keuangan Divre III Palembang, dan Khusus
      14-15                       Prabumulih. / Financial Performance of Divre III Palembang,
      September                   and Specifically Prabumulih.
 23   2023 /                   b. Permasalahan Prasarana yang dihadapi dan Rencana Aksi           Riza Primadi, Rochadi
      September 14 th-            (Prabumulih). / Infrastructure Problems Faced and Action
      15 th, 2023                 Plan (Prabumulih).
                               c. Kunjungan ke Prabumulih. / Visit to Prabumulih.

      21 September
      2023 /                   Pemantauan lapangan dan progress kesiapan operasi KCJB
 24                                                                                               All BOC
      September 21 st,         / Field monitoring and progress of operational readiness KCJB
      2023

                               a. Tinjauan Anjlokan di Sentolo, Yogyakarta / Review of the
      21 Oktober 2023
                                  Slump in Sentolo, Yogyakarta
 25   / October 21 st,                                                                            Riza Primadi
                               b. Kunjungan kerja ke Balai Yasa Yogyakarta / Working visit
      2023
                                  to Balai Yasa Yogyakarta

      26 Oktober
                               Peresmian BUMN School of Excellence (BSE) / Inauguration
 26   2023 / October                                                                              Endang Tirtana
                               of BUMN School of Excellence (BSE)
      26 th, 2023

                               a. Peninjauan Proyek Pengadaan Kereta Penumpang KAI /
      7-8 November                Review of KAI Passenger Train Procurement Project
      2023 /                   b. Sebagai narasumber “Motivation Session” dengan tema
 27                                                                                               Said Aqil Siroj
      November 7 th-              “Optimalisai Intuisi dan Memperkuat Kepemimpinan / As
      8 th 2023                   a resource person for the “Motivation Session” with the theme
                                  “Optimizing Intuition and Strengthening Leadership




                             Laporan Tahunan dan Keberlanjutan
368                                                                                                   PT Kereta Api Indonesia (Persero)
                               Annual and Sustainability Report
Page 369
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




            Tanggal                                  Agenda                                                Kehadiran
  No
             Date                                    Agenda                                                Attendance

                           a. Pengecekan Persiapan Nataru Divre III Palembang / Checking
        7 November            Nataru Preparation of Divre III Palembang
        2023 /             b. Issue SDM di Divre III Palembang (sikap pekerja di sosial
  28                                                                                       Diah Natalisa
        November 7 th,        media dalam Menghadapi pemilu 2024) / HR Issues in Divre
        2023                  III Palembang (worker attitudes on social media in Facing
                              the 2024 election)

        4-7 Desember
        2023 /             KAIS Natal 2023 dan Tahun Baru 2024 / KAIS Christmas 2023       Riza Primadi, Diah Natalisa, Rochadi,
  29
        December 4 th-     and New Year 2024                                               Sri Paduka Mangkoenagoro X
        7 th, 2023

        21 Desember
        2023 – 7 Januari
        2024 / 21          Posko Natal 2023 dan Tahun Baru 2024 / Christmas 2023 and
  30                                                                                       All BOC
        December 21 st,    New Year 2024 Post
        2023 – January
        7 th, 2024


PENILAIAN KINERJA KOMITE DI BAWAH                                  PERFORMANCE ASSESSMENT OF
DEWAN KOMISARIS DAN DASAR                                          COMMITTEES UNDER THE BOARD OF
PENILAIANNYA                                                       COMMISSIONERS AND THE BASIS FOR
                                                                   ASSESSMENT
Dewan Komisaris melaksanakan tugas dan tanggung                    The Board of Commissioners carries out its duties and
jawabnya dengan dibantu oleh komite-komite yang                    responsibilities with the assistance of committees under
berada di bawah Dewan Komisaris. Komite-komite                     the Board of Commissioners. The committees consist of
tersebut terdiri dari Komite Audit, Komite Pemantau                the Audit Committee, Risk Management Monitoring
Manajemen Risiko, dan Komite Nominasi dan Remunerasi.              Committee, and Nomination and Remuneration
Penjelasan mengenai fungsi masing-masing komite                    Committee. An explanation of the functions of each
beserta penilaian kinerja komite untuk tahun 2023 adalah           committee along with the committee's performance
sebagai berikut:                                                   assessment for 2023 is as follows:

  1. Komite Audit                                                     1. Audit Committee
     Merupakan komite yang berperan dalam memonitor                      This committee monitors the performance of
     kinerja Audit Internal, memonitor Auditor                           Internal Audit, monitors the Independent Auditor
     Independen dalam melakukan audit laporan                            in auditing financial statements, reviews the
     keuangan, menelaah laporan Perseroan kepada                         Company's reports to external parties, and monitors
     pihak luar, dan memonitor Sistem Pengendalian                       the Internal Control System. Moreover, the Audit
     Intern. Lebih dari itu, Komite Audit juga berperan                  Committee also assists the Board of Commissioners
     membantu Dewan Komisaris di dalam penugasan-                        in other assignments given by the Board of
     penugasan lain yang diberikan oleh Dewan                            Commissioners.
     Komisaris.
  2. Komite Pemantau Manajemen Risiko (KPMR)                          2. Risk Management Monitoring Committee (RMMC)
     Merupakan komite yang membantu Dewan                                A committee that assists the Board of
     Komisaris dalam memonitor berbagai risiko yang                      Commissioners in monitoring various risks faced
     dihadapi Perseroan, mencakup aspek, strategi,                       by the Company, including aspects, strategies,
     sistem, serta kebijakan manajemen risiko                            systems, and risk management policies of the
     Perseroan. Di samping itu, KPMR membantu Dewan                      Company. In addition, KPMR assists the Board of
     Komisaris dalam proses identifikasi risiko yang                     Commissioners in the process of identifying risks
     dihadapi KAI serta menyusun langkah mitigasi                        faced by KAI and developing mitigation measures
     terhadap masing-masing risiko.                                      for each risk.
  3. Komite Nominasi dan Remunerasi                                   3. Nomination and Remuneration Committee
     Merupakan komite yang membantu Dewan                                A committee that assists the Board of
     Komisaris dalam melakukan reviu atas kebijakan                      Commissioners in reviewing the Company's talent
     talenta Perseroan, evaluasi terhadap calon                          policy, evaluating candidates for management of
     pengurus baik Perseroan maupun anak perusahaan,                     both the Company and its subsidiaries, and
     serta memberikan masukan dan rekomendasi                            providing input and recommendations on the
     terhadap remunerasi pengurus Perseroan.                             remuneration of the Company's management.




                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  369
                                                                      Annual and Sustainability Report
Page 370
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




Berdasarkan Peraturan Menteri BUMN Nomor PER-3/MBU/           Based on the Regulation of the Minister of SOEs Number
03/2023 Tentang Organ dan Sumber Daya Manusia Badan           PER-3/MBU/03/2023 Concerning Organs and Human
Usaha Milik Negara, penilaian terhadap kinerja Organ          Resources of State-Owned Enterprises, the assessment
Dewan Komisaris dilakukan secara berkala sebagai bagian       of the performance of the Board of Commissioners Organ
dari laporan berkala Dewan Komisaris/Dewan Pengawas           is carried out periodically as part of the periodic report
dengan menggunakan metode yang ditetapkan Dewan               of the Board of Commissioners/Supervisory Board using
Komisaris/Dewan Pengawas.                                     the method determined by the Board of Commissioners/
                                                              Supervisory Board.

Penilaian dilakukan dengan kriteria tertentu sebagai tolok    The assessment is carried out with certain criteria as a
ukur dalam menilai tingkat pemenuhan dari suatu aspek         benchmark in assessing the level of fulfillment of an
penilaian. Dewan Komisaris sebagai pihak yang                 aspect of the assessment. The Board of Commissioners
melakukan penilaian kemudian memberi penilaian                as the party conducting the assessment then provides
terhadap keseluruhan aspek dengan memperhatikan               an assessment of all aspects by considering the principle
prinsip akuntabilitas, agar hasil penilaian terhadap          of accountability, so that the results of the assessment
masing-masing komite dapat dipertanggungjawabkan              of each committee can be properly accounted for. The
secara baik. Hasil penilaian terhadap masing-masing           results of the assessment of each committee are the basis
komite merupakan dasar bagi upaya perbaikan untuk             for improvement efforts for the following year period, in
periode    tahun    berikutnya,    guna     mewujudkan        order to realize continuous performance improvement
peningkatan kinerja secara berkesinambungan dari tahun        from year to year.
ke tahun.

Dewan Komisaris telah menindaklanjuti amanah                  The Board of Commissioners has followed up on the
ketentuan tersebut dengan menerbitkan Surat                   mandate of the provisions by issuing the Board of
Keputusan Dewan Komisaris Nomor 11/CH/DEKOM/X/2021            Commissioners Decree Number 11/CH/DEKOM/X/2021
Tentang Evaluasi Kinerja Organ Pendukung Dewan                concerning the Performance Evaluation of the
Komisaris PT Kereta Api Indonesia (Persero). Kriteria         Supporting Organs of the Board of Commissioners of PT
evaluasi kinerja mencakup dua (2) komponen penilaian          Kereta Api Indonesia (Persero). The performance
yakni kualitas pelaksanaan tugas pokok dari setiap            evaluation criteria include two (2) assessment
anggota Komite yang telah ditetapkan di Peraturan             components, namely the quality of the implementation
Menteri, POJK dan piagam komite ( jika ada) serta sikap       of the main tasks of each member of the Committee as
kerja dan kompetensi anggota organ pendukung.                 stipulated in the Ministerial Regulation, POJK and
Evaluasi kinerja dilakukan secara individual oleh Dewan       committee charter (if any) as well as the work attitude
Komisaris. Hasil evaluasi kinerja kemudian didiskusikan       and competence of the members of the supporting
dan disepakati di rapat Dewan Komisaris. Hasil penilaian      organs. The performance evaluation is carried out
Dewan Komisaris dikomunikasikan secara terbuka kepada         individually by the Board of Commissioners. The results
anggota Komite yang bersangkutan.                             of the performance evaluation are then discussed and
                                                              agreed upon at the Board of Commissioners meeting.
                                                              The results of the Board of Commissioners' assessment
                                                              are communicated openly to the relevant Committee
                                                              members.

Untuk tahun 2023, Dewan Komisaris menilai, masing-            For 2023, the Board of Commissioners assesses that each
masing komite telah melaksanakan tugas dan tanggung           committee has carried out its duties and responsibilities
jawab secara baik, sesuai pedoman dan rencana kerja.          well, in accordance with the guidelines and work plan.
Melalui pelaksanaan tugas dan tanggung jawab tersebut,        Through the implementation of these duties and
Dewan Komisaris menilai, komite-komite telah secara           responsibilities, the Board of Commissioners assesses
efektif memberi dukungan bagi pelaksanaan tugas dan           that the committees have effectively provided support
tanggung     jawab    Dewan    Komisaris,  mencakup           for the implementation of the duties and responsibilities
pengawasan terhadap aspek-aspek operasional dan               of the Board of Commissioners, including supervision of
strategis Perseroan.                                          the operational and strategic aspects of the Company.




                       Laporan Tahunan dan Keberlanjutan
370                                                                                   PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 371
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Berikut ini, penilaian kinerja individual organ pendukung       The following is an assessment of the individual
Dewan Komisaris tahun 2023.                                     performance of the supporting organs of the Board of
                                                                Commissioners in 2023.

                             Organ                                   Nama                         Hasil Evaluasi
  No
                             Organ                                   Name                        Evaluation Result

   1    Komite Audit / Audit Committee                     Ernesto                         Sesuai Harapan / As Expected

                                                           Amalia Setyanti                 Sesuai Harapan / As Expected

   2    Komite Pemantau Manajemen Risiko / Risk            Miranti Gani                    Sesuai Harapan / As Expected
        Management Monitoring Committee
                                                           Handy Purnama                   Sesuai Harapan / As Expected

   3    Komite Nominasi dan Remunerasi / Nomination        Corina D. Riantoputra           Sesuai Harapan / As Expected
        and Remuneration Committee

   4    Sekretaris Dewan Komisaris / Secretary of Board    K. Seno Pamungkas               Sesuai Harapan / As Expected
        of Commissioner




                                                               Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                               371
                                                                   Annual and Sustainability Report
Page 372
                                      Tata Kelola Perusahaan
                                      Good Corporate Governance




PENILAIAN KINERJA DEWAN KOMISARIS DAN DIREKSI
PERFORMANCE ASSESSMENT OF THE BOARD OF COMMISSIONERS AND THE BOARD
OF DIRECTOR
PENILAIAN KINERJA DEWAN KOMISARIS                                     PERFORMANCE ASSESSMENT OF THE
[GRI 2-18]                                                            BOARD OF COMMIISSIONERS [GRI 2-18]
Penilaian kinerja Dewan Komisaris dilakukan antara lain               The performance assessment of the Board of
dengan mengacu kepada Kontrak Manajemen Tahunan                       Commissioners is carried out, among other things, by
(Key Performance Indicator) Dewan Komisaris dengan                    referring to the Annual Management Contract (Key
Pemegang Saham Tahun 2023 PT Kereta Api Indonesia                     Performance Indicator) Board of Commissioners with 2023
(Persero), yang ditetapkan pada RUPS Tahunan                          Shareholders of PT Kereta Api Indonesia (Persero), which
Pengesahan Rencana Kerja dan Anggaran Perusahaan                      was determined at the Annual GMS Ratifying the
Tahun 2023.                                                           Company's Work Plan and Budget for 2023.

Prosedur Pelaksanaan Penilaian Kinerja Dewan                          Procedure for Performance Assessment of the Board
Komisaris                                                             of Commissioners
Untuk tahun 2023, penilaian kinerja Dewan Komisaris                   For 2023, the performance assessment of the Board of
dilakukan melalui metode self-assessment yang hasilnya                Commissioners is conducted through the self-assessment
dilaporkan kepada pemegang saham melalui RUPS.                        method, the results of which are reported to the
Kriteria Evaluasi Kinerja Dewan Komisaris Kriteria yang               shareholders through the GMS. Board of Commissioners
digunakan di dalam proses evaluasi kinerja Dewan                      Performance Evaluation Criteria The criteria used in the
Komisaris mengacu kepada indikator pencapaian dari                    Board of Commissioners performance evaluation process
Key Performance Indicators yang ditetapkan pada awal                  refer to the achievement indicators of the Key
tahun. Key Performance Indicators untuk tahun 2023                    Performance Indicators set at the beginning of the year.
adalah sebagai berikut:                                               Key Performance Indicators for 2023 are as follows:


                                                                                                       Tahun 2023
                                     Aspek dan Parameter                                    Satuan        Year       Bobot   Skor
  No
                                    Aspects and Parameters                                   Unit                    Value   Score
                                                                                                     Target   Real

   I   ASPEK PENGAWASAN DAN PENASIHATAN / SUPERVISION AND ADVISORY ASPECTS                                            55      53

       Review/analisis kinerja perusahaan / Company performance review/analysis                        8       8      20      16

       a. Penelaahan atas Rancangan RJPP / Review of the Draft RJPP                                     1      0       2      0

       b. Penelaahan atas Rancangan RKAP / Review of the Draft RJPP                                     1      1      4       4

       c. Evaluasi atas pelaksanaan RKAP 2022 / Evaluation of the implementation
                                                                                                        1      1      4       4
          of the 2022 RKAP

       d. Pemantauan kinerja Direksi dan pelaporan kepada Pemegang Saham /
                                                                                                        1      1       2      2
          Monitoring of the Board of Directors' performance and reporting to Shareholders
                                                                                            Kali /
   1   e. Perubahan lingkungan bisnis / Changes in the business environment                             1      1       2      2
                                                                                            Times
       f. Tindak lanjut atas saran, harapan, permasalahan dan keluhan dari pemangku
          kepentingan / Follow up on suggestions, expectations, problems and                            1      1       2      2
          complaints from stakeholders

       g. Gejala menurunnya kinerja Perusahaan yang signifikan / Significant decline
                                                                                                        1      1       2      2
          in company performance

       h. Penilaian atas usulan calon Direksi Anak Perusahaan dan Komisaris anak
          perusahaan. / Assessment of the proposals for candidates for Directors of                     1      1       2      2
          Subsidiaries and Commissioners of Subsidiaries.

       Pengawasan dan pemberian nasihat atas: / Supervision and provision of
                                                                                                       11      11     15      15
       advice on:

       a. Kebijakan rancangan SPI / SPI draft policy                                                    1      1       1       1
                                                                                            Kali /
  2    b. Kebijakan manajemen risiko / Risk management policy                                           1      1       2      2
                                                                                            Times
       c. Kebijakan sistem teknologi informasi / Information technology system policy                   1      1       1       1

       d. Kebijakan akuntansi dan penyusunan LK / Accounting policies and preparation
                                                                                                        1      1       2      2
          of financial statements




                        Laporan Tahunan dan Keberlanjutan
372                                                                                             PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 373
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                         Tahun 2023
                                      Aspek dan Parameter                                    Satuan         Year        Bobot   Skor
  No
                                     Aspects and Parameters                                   Unit                      Value   Score
                                                                                                        Target   Real

        e. Kebijakan pengelolaan SDM / HR management policy                                               1       1       1       1

        f. Kebijakan pengadaan barang dan jasa / Procurement policy for goods and
                                                                                                          1       1       2      2
           services

        g. Kebijakan mutu dan pelayanan / Quality and service policy                                      1       1       1       1

        h. Kepatuhan perusahaan terhadap UU, Anggaran Dasar, perjanjian dan komitmen
           / Company compliance with laws, articles of association, agreements and                        1       1       2      2
           commitments

        i. Transaksi atau tindakan dalam lingkup kewenangan Dekom dan RUPS /
           Transactions or actions within the scope of the authority of the Board of                      1       1       1       1
           Commissioners and the GMS

        j. Kebijakan pengelolaan anak perusahaan/perusahaan patungan / Subsidiary/
                                                                                                          1       1       1       1
           joint venture management policy

        k. Kebijakan penerapan prinsip-prinsip Tata Kelola / Policy on the implementation
                                                                                                          1       1       1       1
           of the principles of Good Corporate Governance

        Pemantauan Tindaklanjut Temuan Audit / Follow-up Monitoring of Audit
                                                                                                          2       2       5      5
        Findings

        a. Penunjukan calon auditor / Appointment of candidate auditors                                   1       1      2,5     2,5
                                                                                             Kali /
   3
        b. Pengawasan efektivitas pelaksanaan audit eksternal dan internal serta             Times
           pelaksanaan telaah atas pengaduan yang berkaitan dengan perusahaan /
                                                                                                          1       1      2,5     2,5
           Supervision of the effectiveness of external and internal audit implementation
           and implementation of reviews of complaints related to the company

        Monitoring Pekerjaan Project Director (PD) dan Penugasan Pemerintah dan
        Investasi Pengembangan Perusahaan / Monitoring of Project Director (PD)              Kali /
   4                                                                                                      4       4       5      5
        Work and Government Assignments and Company Development                              Times
        Investments

        Rapat / Meeting                                                                                  24       24     10      10
                                                                                             Kali /
   5    a. Internal / Internal                                                                            12      18      5      5
                                                                                             Times
        b. Gabungan / Combined                                                                            12      14      5      5

   II   ASPEK PELAPORAN / REPORTING ASPECT                                                                               25      25

                                                                                             Kali /
   1    Program kerja tahunan (RKA Dekom) / Annual work program (RKA Dekom)                               1       1      10      10
                                                                                             Times

        Laporan/pendapat saran kepada RUPS / Report/opinion suggestions to the
                                                                                                          3       3      10      10
        GMS
                                                                                             Kali /
   2
        a. Kinerja Direksi / Performance of The Board of Directors                           Times        2       2      6       6

        b. Remunerasi Direksi / Remuneration of The Board of Directors                                    1       1      4       4

        Laporan Manajemen (Audited) Tahun 2022 / Management Report (Audited)                 Kali /
   3                                                                                                      1       1       5      5
        in 2022                                                                              Times

  III   ASPEK DINAMIS/LAIN-LAIN / DYNAMIC/OTHER ASPECTS                                                                  20      20

        Peningkatan Kompetensi / Competency Enhancement                                                   5       -      10      10

        a. Program pengenalan Komisaris baru / New Commissioner induction program                       100%     100%     5      5
                                                                                             Kali /
   1
        b. Program pengembangan kompetensi melalui seminar, diklat, benchmark                Times
           dan sejenisnya / Competency development programs through seminars,                             5       5       5      5
           training, benchmarks and others

        Rekomendasi/Tanggapan atas usul yang disampaikan Direksi /                           Tindak
                                                                                             Lanjut /
   2    Recommendations/Responses to the proposals submitted by the Board of                            100%     100%    10      10
                                                                                            Follow-up
        Directors                                                                            Actions

 JUMLAH / TOTAL                                                                                                         100      98




                                                                     Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                       373
                                                                         Annual and Sustainability Report
Page 374
                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




Pihak yang Melakukan Penilaian                               Parties Conducting the Assessment
Untuk tahun 2023, penilaian kinerja Dewan Komisaris          For 2023, the performance assessment of the Board of
dilakukan melalui metode self-assessment. Dengan             Commissioners is conducted through the self-assessment
demikian, Dewan Komisaris merupakan pihak yang               method. Thus, the Board of Commissioners is the party
melakukan penilaian dengan hasil penilaian dilaporkan        conducting the assessment with the results of the
kepada pemengan saham melalui RUPS.                          assessment reported to shareholders through the GMS.

PENILAIAN KINERJA DIREKSI [GRI 2-18]                         PERFORMANCE ASSESSMENT OF THE
                                                             BOARD DIRECTORS [GRI 2-18]
Perseroan melakukan penilaian terhadap kinerja direksi       The Company evaluates the performance of the Board
berdasarkan parameter KPI direksi secara kolegial dan        of Directors based on the KPI parameters of the Board
KPI direksi secara individual, yang dilakukan sesuai         of Directors both collectively and individually, in
ketentuan Permen BUMN Nomor PER-11/MBU/11/2020               accordance with the provisions of the Ministry of State-
tentang Manajemen dan Kontrak Manajemen Tahunan              Owned Enterprises Regulation Number PER-11/MBU/
Direksi Badan Usaha Milik Negara.                            11/2020   concerning    Management      and     Annual
                                                             Management Contracts for the Directors of State-Owned
                                                             Enterprises.

Prosedur Pelaksanaan Penilaian Kinerja                       Performance Appraisal Implementation Procedure
Pelaksanaan penilaian kinerja Direksi dilakukan melalui      The implementation of performance assessment of the
prosedur tertentu. Direksi menyampaikan usulan KPI           Board of Directors is carried out through certain
Direksi secara kolegial kepada RUPS / Menteri untuk          procedures. The Board of Directors submits the proposed
ditetapkan bersamaan dengan penyampaian Rencana              KPI of the Board of Directors collegially to the GMS/
Kerja dan Anggaran Perusahaan. Dalam pelaksanaannya,         Minister to be determined together with the submission
Direksi wajib menjabarkan KPI Direksi secara kolegial        of the Company's Work Plan and Budget. In its
menjadi KPI Direksi individual dan menyampaikannya           implementation, the Board of Directors shall elaborate
kepada Dewan Komisaris / Dewan Pengawas untuk                the collegial KPIs of the Board of Directors into individual
mendapat persetujuan.                                        KPIs of the Board of Directors and submit them to the
                                                             Board of Commissioners/Supervisory Board for approval.

Pencapaian KPI Direksi secara kolegial dilaporkan dalam      The collegial achievement of the KPIs of the Board of
laporan berkala dan laporan tahunan. Perhitungan             Directors is reported in periodic reports and annual reports.
pencapaian KPI Direksi secara kolegial dan individual        The calculation of collegial and individual achievement
direviu oleh Kantor Akuntan Publik (KAP) yang mengaudit      of the KPIs of the Board of Directors is reviewed by the
laporan keuangan Perseroan.                                  Public Accounting Firm (KAP) that audits the Company's
                                                             financial statements.

Kriteria Penilaian Kinerja Direksi                           Board of Directors Performance Assessment Criteria
Penilaian kinerja Direksi dilakukan berdasarkan kriteria     The performance assessment of the BOD is conducted
di dalam KPI Kolegial dan KPI Individual, dengan uraian      based on the criteria in the Collegial KPI and Individual
sebagai berikut: KPI Kolegial Penyusunan KPI Kolegial        KPI, with the following description: Collegial KPI The
bagi Direksi dilakukan berdasarkan sejumlah perspektif,      preparation of Collegial KPI for the BOD is based on a
sebagai berikut:                                             number of perspectives, as follows:
   1. Nilai ekonomi dan sosial untuk Indonesia;                1. Economic and social value for Indonesia;
   2. Inovasi model bisnis;                                    2. Business model innovation;
   3. Kepemimpinan teknologi;                                  3. Technology leadership;
   4. Peningkatan investasi; dan                               4. Increased investment; and
   5. Pengembangan talenta.                                    5. Talent development.

Kontrak Manajemen Tahunan tanggal 30 Januari 2023            Annual Management Contract dated January 30 th, 2023
memuat KPI Direksi secara Kolegial antara Kuasa              contains the KPI of the Board of Directors in a Collegial
Pemegang Saham Perusahaan Perseroan (Persero) PT             manner between the Power of Attorney of Shareholders
Kereta Api Indonesia dan Direksi Perusahaan Perseroan        of the Company (Persero) PT Kereta Api Indonesia and
(Persero) PT Kereta Api Indonesia Tahun 2023 Indikator       the Board of Directors of the Company (Persero) PT
KPI Direksi secara Kolegial PT Kereta Api Indonesia          Kereta Api Indonesia in 2023. The KPI indicators of the
(selanjutnya disebut sebagai KPI Corporate) ialah            Board of Directors in a Collegial manner of PT Kereta Api
sebagai berikut.                                             Indonesia (hereinafter referred to as the Corporate KPI)
                                                             are as follows.




                      Laporan Tahunan dan Keberlanjutan
374                                                                                    PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 375
                                       Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                          Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




               Perspektif                        Rumus                   Satuan        Target 2023      Realisasi       Pencapaian    Bobot   Skor
 No
               Perspective                      Formula                   Unit         Target 2023   Realitation 2023   Achievement   Value   Score

 A. Nilai ekonomi dan sosial untuk Indonesia / Economic and social value for Indonesia

 Finansial / Finance

       Profitability Ratio

                                     Operating Income +
                                     Depreciation Expense +
                                     Amortization Expenses + Gain
       a. EBITDA                                                          Miliar          5.106           5.176           101,37%       6     6,08
                                     (Loss) on Forex + Income from
  1                                  Associated Entities and Joint
                                     Venture

                                     Realisasi Cashflow from
       b. Cashflow From              Operation 2023 / Program
                                                                            %             3.727           4.718           126,59%       3     3,30
          Operation                  Cashflow from Operation x
                                     100%

                                     Laba Bersih Tahun Berjalan +
                                     Biaya Bunga / Invested Capital
  2    ROIC > WACC                   x 100% / Net Profit for the            %             1,66             1,66            100%         4      4
                                     Current Year + Interest Expense
                                     / Invested Capital x 100%

       Debt Service Ratio

       a. Interest bearing debt to
                                     IBD / EBITDA                          Kali           10,33            5,97           142,24%      1,5    1,65
          EBITDA
  3

       b. Interest bearing debt to
                                     IBD / Invested Capital                 %             61,48           33,32           145,80%      1,5    1,65
          Invested Capital


 Komersial / Commercial

                                     Pencapaian = (Realisasi volume
                                     angkutan KA barang/Program
                                     volume angkut KA
       Volume angkutan KA
                                     Barang)*100% / Achievement =
  4    barang / Freight train                                              Ton         63.061.603      63.694.966          101%         8     8,08
                                     (Realization of freight train
       transport volume
                                     transport volume/Freight train
                                     transport volume
                                     program)*100%

                                     Pencapaian = (Realisasi
                                     kedatangan KA Penumpang +
                                     KA Barang/total Perjalanan KA
                                     Penumpang + KA Barang)*100%
  5    On-time Arrival                                                      %              85             91,50           107,65%       8      8
                                     / Achievement = (Actual arrival
                                     of Passenger Trains + Freight
                                     Trains/total Passenger Train
                                     Trips + Freight Trains)*100%

                                                                       kecelakaan
                                     Pencapaian = (Jumlah
                                                                         per 1 juta
                                     kecelakaan KA/Kilometer KA)/
                                                                       kilometer /
  6    Safety/accident rate          1.000.000.000 / Achievement =                        0,13             0,10           125,52%       7     7,70
                                                                        accidents
                                     (Number of train accidents/
                                                                       per 1 million
                                     Train kilometers)/1,000,000,000
                                                                        kilometers

 Sosial / Social

                                     Pencapaian = (Realisasi PSO/
       Pemenuhan pelaksanaan         Program PSO)*100% /
  7    PSO / Fulfillment of PSO      Achievement = (PSO                     %              100            99,76           99,76%        7     6,98
       implementation                Realization/PSO
                                     Program)*100%

 Subtotal Perspektif Nilai ekonomi dan sosial untuk Indonesia / Subtotal Perspective Economic and social value for Indonesia           46     47,5

 B. Inovasi Model Bisnis / Business Model Innovation

       Project milestone
                                     Pencapaian = (% Realisasi
       completion for TOD
                                     Progress Pekerjaan/ % Program
       planned (KAI) TOD Stasiun
                                     Pekerjaan)*100% / Achievement
  8    Pondok Cina / Project                                                %              100             100             100%         6      6
                                     = (% Realization of Work
       milestone completion for
                                     Progress/ % Work
       TOD planned (KAI) TOD
                                     Program)*100%
       Pondok Cina Station




                                                                           Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                     375
                                                                               Annual and Sustainability Report
Page 376
                                          Tata Kelola Perusahaan
                                          Good Corporate Governance




              Perspektif                          Rumus                   Satuan      Target 2023      Realisasi       Pencapaian    Bobot   Skor
No
              Perspective                        Formula                   Unit       Target 2023   Realitation 2023   Achievement   Value   Score

                                     Pencapaian = (Realisasi
      Peningkatan kualitas
                                     panjang jalur kategori baik/
      prasarana jalan rel kategori
                                     Program panjang jalur kategori
      baik (kecepatan 80-120km/
                                     baik)*100% / Achievement =
 9    jam) / Improvement of the                                            kmsp          5.365           5.544           103,34%       6     6,20
                                     (Realization of path length
      quality of good category
                                     good category/Program
      railway infrastructure
                                     path length good
      (speed 80-120km/h)
                                     category)*100%


      Milestone pemenuhan            Pencapaian = (% Realisasi
      backlog IMO tahun              Progress Pekerjaan tahun 2023
      sebelumnya pada tahun          / Program Progress Pekerjaan
 10   berjalan / Milestone of IMO    tahun 2023)*100% /                     %             100             100             100%         3       3
      backlog fulfillment in the     Achievement = (% Realization
      previous year in the           of Work Progress 2023 / Work
      current year                   Progress Program 2023)*100%


 Subtotal Perspektif Inovasi Model Bisnis / Business Model Innovation Perspective Subtotal                                            15     15,20

 C. Kepemimpinan Teknologi / Technology Leadership

                                     Pencapaian = Realisasi Jumlah
                                     Transaksi / Program Jumlah
      Peningkatan penggunaan
                                     Transaksi x 100% / Achievement       Jumlah
 11   KAI Access / Increased use                                                       13.007.374      19.553.891        150,33%       6     6,60
                                     = Realization of Number of          Transaksi
      of KAI Access
                                     Transactions / Program
                                     Number of Transactions x 100%

                                     Pencapaian = (% Realisasi
                                     Progress Pekerjaan Tahun 2023
                                     / % Program Progress Pekerjaan
      Optimalisasi Big Data / Big    Tahun 2023)*100% /
 12                                                                         %             100             100             100%         4      4
      Data Optimalization            Achievement = (% Realization
                                     Work Progress in 2023 /%
                                     Program Progress Work in
                                     2023)*100%

 Subtotal Perspektif Kepemimpinan Teknologi / Technology Leadership Perspective Subtotal                                              10     10,60

 D. Peningkatan Investasi / Increased Investment

      Proyek Strategis Nasional / National Strategic Projects

      a. Project milestone           Pencapaian = (Realisasi
         Penugasan Pemerintah        Investasi Penugasan / Program
         (PSN) - Proyek LRT          Investasi Penugasan)*100% /
         Jabodebek / Project         Achievement = (Realization of          %             100             100             100%         5       5
         milestone Government        Assignment Investment /
         Assignment (PSN) -          Assignment Investment
 13      Jabodebek LRT Project       Program)*100%

                                     Pencapaian = (Realisasi
      b. Project milestone           Investasi Penugasan / Program
         Penugasan Pemerintah        Investasi Penugasan)*100% /
         (PSN) - Proyek KCJB /       Achievement = (Realization of          %             100             100             100%         5       5
         Project milestone
                                     Assignment Investment /
         Government Assignment
         (PSN) - KCJB Project
                                     Assignment Investment
                                     Program)*100%

      Optimalisasi Aset / Asset Optimalization

                                     Pencapaian = (Realisasi KPI /
      Pemenuhan KPI PMN TA
                                     Rencana KPI)*Bobot /
      2021 - 2022 / Fulfillment of                                          %             100            96,55           96,55%        4     3,86
                                     Achievement = (KPI Realization
      KPI PMN FY 2021 - 2022
                                     / KPI Plan)*Weight

 14                                  Pencapaian = (Realisasi
                                     Investasi Pensertifikatan Tanah
                                     / Program Investasi
      Proses Sertifikasi Tanah /     Pensertifikatan Tanah)*100% /
                                                                        Luasan (m2)    8.598.140       9.865.987         114,75%       4      4
      Land Certification Process     Achievement = (Land
                                     Certification Investment
                                     Realization / Land Certification
                                     Investment Program)*100%

 Subtotal Perspektif Peningkatan Investasi / Subtotal Investment Enhancement Perspective                                              18     17,86




                             Laporan Tahunan dan Keberlanjutan
376                                                                                                         PT Kereta Api Indonesia (Persero)
                               Annual and Sustainability Report
Page 377
                                        Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




               Perspektif                             Rumus                 Satuan    Target 2023      Realisasi       Pencapaian    Bobot   Skor
 No
               Perspective                           Formula                 Unit     Target 2023   Realitation 2023   Achievement   Value   Score

 E. Pengembangan Talenta / Talent Development

                                      Jumlah Personil Organ
                                      Pengelola Risiko yang
       Rasio Pemenuhan Organ          memenuhi Kualifikasi / Jumlah
       Pengelola Risiko (Rasio        Personil seluruh Organ
       Kualifikasi) / Risk            Pengelola Risiko*100% /
 15                                                                            %           50            73,26           146,51%       3       3
       Management Organ               Number of Personnel of Risk
       Fulfillment Ratio              Management Organs who
       (Qualification Ratio)          meet Qualifications / Number
                                      of Personnel of all Risk
                                      Magement Organs*100%

       Rasio Talent / Talent Ratio

                                      Pencapaian = (Realisasi jumlah
                                      top talent Perempuan dalam
                                      nominatif talent / program
       a. % Perempuan dalam           jumlah top talent Perempuan
          Nominatif Talent / % of     dalam nominatif talent) 100% /
                                                                               %          4,30           4,88            113,52%       2     2,20
          Women in Nominative         Achievement = (Realization of
          Talent                      number of top female talents
                                      in nominated talent / program
                                      number of top female talents
                                      in nominated talent) 100%
 16
                                      Pencapaian = (Realisasi jumlah
                                      top talent muda (<42 tahun)
                                      dalam nominatif talent /
                                      program rasio top talent muda
       b. Rasio milenial (<42         (<42 tahun) dalam nominatif
          tahun) dalam top talent     talent) 100% / Achievement =
                                                                               %           12            16,36           136,32%       2     2,20
          / Millennial ratio (<42     (Realization of the number of
          years) in top talent        young top talents (<42 years
                                      old) in talent nominative /
                                      program ratio of young top
                                      talents (<42 years old) in talent
                                      nominative) 100%

       Talent Development

       Penyusunan Kebijakan
       Talent Development dan         Pencapaian = (Progress
       Career Path System di          penyelesaian / Target
 17
       Lingkup Cluster /              penyelesaian)*100% /
                                                                               %          100             100             100%         2       2
       Formulation of Talent          Achievement = (Completion
       Development and Career         progress / Completion
       Path System Policies in        target)*100%
       Cluster Scope

                                      Pencapaian = (Program
                                      Pemberkasan sertifikasi pekerja
       Rasio Pemberkasan
                                      / Target pemberkasan
       Sertifikasi Pekerja
                                      sertifikasi pekerja)*100% /
 18    Operasional / Ratio                                                  Pegawai       7,156          8,523           119,10%       2     2,20
                                      Achievement = (Worker
       Certification Filing
                                      certification filing program /
       Operational Workers
                                      Worker certification filing
                                      target)*100%

 Subtotal Perspektif Pengembangan Talenta / Talent Development Perspective Subtotal                                                   11     11,60

 Total Seluruh Perspektif / Total All Perspectives                                                                                    100    102,71




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                                                                                  Annual and Sustainability Report
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                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




KPI Individual                                                    Individual KPIs
KPI Direksi secara individual merupakan penjabaran KPI            Individual KPIs of the Board of Directors are the
Direksi secara kolegial sesuai dengan tugas, fungsi dan           elaboration of collegial KPIs of the Board of Directors in
tanggung jawab masing-masing anggota Direksi. KPI                 accordance with the duties, functions and responsibilities
Individual terdiri atas KPI Bersama dan KPI Individu.             of each member of the Board of Directors. Individual KPIs
Adapun KPI Individual Direksi adalah sebagai berikut.             consist of:

KPI Individual Direksi                                            Individual KPIs for the Board of Directors

     Direktur                   KPI Bersama                                               KPI Individu
 Board of Directors              Joint KPIs                                              Individual KPIs

 Direktur Niaga /     1. EBITDA Interest bearing debt     1.  Total Corporate Culture Health Index / Total Corporate Culture
 Managing Director       to invested capital                  Health Index
 of Commerce          2. Perjalanan Tepat Waktu / On      2. Tingkat Penggunaan Produk Dalam Negeri (TKDN) / Domestic
                         Time Travel                          Product Utilization Level (TKDN)
                      3. Keamanan/Tingkat Kecelakaan      3. Transformasi Digital: / Digital Transformation:
                         / Safety/Accident Rate                a. Implementasi Milestone / Milestone Implementation
                      4. Peningkatan Penggunaan KAI            b. Uplift Volume dan/atau Pendapatan Freight / Uplift Volume
                         Access / Increased Use of KAI            and/or Freight Revenue
                         Access                           4. Investasi / Penyerapan Investasi: / Investment / Absorption
                      5. Rasio Pemenuhan Organ            5. Investment:
                         Pengelola Risiko (Rasio               a. Pengadaan KA 10 Sleeper, KA Makpar; / Procurement of 10
                         Kualifikasi) / Risk Management           Sleeper trains, Makpar trains;
                         Organ Fulfillment Ratio               b. Face recognition gate; / Face recognition gate;
                         (Qualification Ratio)                 c. Pengadaan 18 unit loko dan 248 unit GD 54 ton untuk
                      6. Rasio Pemberkasan Sertifikasi            mendukung angkutan batubara Sumsel serta
                         Pekerja Operasional /                    pengembangan angkutan multimod. / Procurement of 18
                         Operational Worker                       locomotive units and 248 GD 54 ton units to support South
                         Certification Filing Ratio               Sumatra coal transportation and the development of
                      7. Project Milestone Completion             multimodal transportation.
                         for TOD Planned (KAI) TOD        5. Pendapatan Angkutan KA Penumpang / Passenger Trains
                         Stasiun Pondok Cina / Project        Revenue
                         Milestone Completion for TOD     6. Pendapatan Angkutan Barang / Freight Transport Revenue
                         Planned (KAI) TOD Pondok         7. Pendapatan Non Angkutan / Non-Transportation Revenue
                         Cina Station                     8. Tingkat Kepuasan Pelanggan PT KAI (Penumpang dan Barang) /
                                                              PT KAI Customer Satisfaction Level (Passengers and Goods)
                                                          9. Volume Angkutan Penumpang / Passenger Transport Volume
                                                          10. Volume Angkutan Barang / Freight Transport Volume

 Direktur Operasi /   1. EBITDA Interest bearing debt     1. Total Corporate Culture Health Index / Total Corporate Culture
 Managing Director       to invested capital                 Health Index
 of Operation         2. Perjalanan Tepat Waktu / On      2. Tingkat Penggunaan Produk Dalam Negeri (TKDN) / Domestic
                         Time Travel                         Product Utilization Level (TKDN)
                      3. Keamanan/Tingkat Kecelakaan      3. Digitalisasi Pembelajaran dari bentuk dokumen ke : /
                         / Safety/Accident Rate              Digitalization Learning from document form to
                      4. Peningkatan Penggunaan KAI           a. Pengembangan GAPEKA Digital / GAPEKA Digital
                         Access / Increased Use of KAI           Development
                         Access                               b. Waktu Kerja Perawatan / Maintenance Working Hours
                      5. Rasio Pemenuhan Organ                c. Video Pembelajaran / Tutorial video
                         Pengelola Risiko (Rasio          4. Penyerapan Investasi: / Investment Absorption:
                         Kualifikasi) / Risk Management       a. Kantor UPT Crew Tarahan / Tarahan Crew UPT Office
                         Organ Fulfillment Ratio              b. Kantor UPT Crew Kisaran / Kisaran Crew UPT Office
                         (Qualification Ratio)            5. Ketepatan KA Penumpang Berangkat / Passenger Train Departure
                      6. Rasio Pemberkasan Sertifikasi         Time
                         Pekerja Operasional /            6. Ketepatan KA Barang / Accuracy of Freight Train
                         Operational Worker               7. Toleransi Gangguan Perjalanan Andil Operasi / Disturbance
                         Certification Filing Ratio            Tolerance Operations Share Journey
                      7. Project Milestone Completion     8. Perumusan Perencanaan Perjalanan Kereta Api / Formulation of
                         for TOD Planned (KAI) TOD           Train Travel Planning
                         Stasiun Pondok Cina / Project    9. Perumusan dan Pemenuhan Dinasan Sarana / Formulation and
                         Milestone Completion for TOD          Fulfillment of Rolling Stock Service
                         Planned (KAI) TOD Pondok         10. Pemenuhan Dinasan SDM Crew dan Non Crew / Fulfillment of
                         Cina Station                         HR Crew and Non Crew




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                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




      Direktur                   KPI Bersama                                          KPI Individu
  Board of Directors              Joint KPIs                                         Individual KPIs

 Direktur              1. EBITDA Interest bearing debt     1.  Total Corporate Culture Health Index / Total Corporate Culture
 Pengelolaan              to invested capital                  Health Index
 Prasarana /           2. Perjalanan Tepat Waktu / On      2. Tingkat Penggunaan Produk Dalam Negeri (TKDN) / Domestic
 Managing Director        Time Travel                          Product Utilization Level (TKDN)
                       3. Keamanan/Tingkat Kecelakaan      3. Transformasi Digital: / Digital Transformation:
 of Infrastructure
                          / Safety/Accident Rate                a. Implementasi aplikasi Indonesia Train control system -
                       4. Peningkatan Penggunaan KAI               Maintenance Standard (ITCS-MS) Mobile dan CMS untuk
                          Access / Increased Use of KAI            Daop 1 Jakarta s.d Daop 9 Jember / Implementation of the
                          Access                                   application Indonesia Train control system - Maintenance
                       5. Rasio Pemenuhan Organ                    Standard (ITCS-MS) Mobile and CMS for Daop 1 Jakarta to
                          Pengelola Risiko (Rasio                  Daop 9 Jember
                          Kualifikasi) / Risk Management        b. Digitalisasi pemeriksaan jalan rel untuk 8 lokasi /
                          Organ Fulfillment Ratio                  Digitalization of rail track inspection for 8 locations
                          (Qualification Ratio)                 c. Pemetaan digital berbasis GIS Daop 9 Jember & Divre IV
                       6. Rasio Pemberkasan Sertifikasi            Tanjung Karang / GIS-based digital mapping Daop 9
                          Pekerja Operasional /                    Jember & Divre IV Tanjung Karang
                          Operational Worker               4. Penyerapan Investasi: / Procurement of PCB Maker work tools at
                          Certification Filing Ratio           the Balai Yasa STE
                       7. Project Milestone Completion          a. Pengadaan alat kerja PCB Maker di Balaiyasa STE /
                          for TOD Planned (KAI) TOD                Procurement of PCB Maker work tools at the Balai Yasa STE
                          Stasiun Pondok Cina / Project         b. Renovasi bangunan / BuildingRenovation
                          Milestone Completion for TOD          c. Workshop Sinyal dan Telekomunikasi Listrik Daop 3 Cn /
                          Planned (KAI) TOD Pondok                 Workshop Electric Signaling and Telecommunications Daop
                          Cina Station                             3 Cn
                                                                d. Pengadaan 7 unit KPJR / Procurement of 7 KPJR units
                                                                e. Renovasi dan peremajaan fasilitas kerja Balaiyasa Jembatan
                                                                   Pengadaan 40 unit KPJ / Renovation and rejuvenation of
                                                                   work facilities of Balaiyasa Jembatan Procurement of 40
                                                                   KPJ units
                                                           5. Peningkatan kualitas prasarana Jalan Rel Kategori Baik /
                                                               Improvement of the quality of railway infrastructure to Good
                                                               Category
                                                           6. Perawatan Jalan Rel dan Jembatan / Railway and Bridge
                                                               Maintenance
                                                           7. Perawatan Fasopka / Fasopka Care
                                                           8. Jumlah Taspal Terpasang yang menyebabkan andil
                                                               keterlambatan perjalanan KA / The number of installed asphalt
                                                               pavements that cause delays in train journeys
                                                           9. Jumlah Gangguan Jalan Rel dan Jembatan / Number of
                                                               Disturbances Railways and Bridges
                                                           10. Jumlah Gangguan Fasopka / Number of Fasopka Disorders
                                                           11. Keandalan Peralatan-peralatan Fasopka (Reliability) / Reliability
                                                               Fasopka Equipment (Reliability)
                                                           12. Ketersediaan Peralatan-peralatan Fasopka (Availability) /
                                                               Availability of Fasopka Equipment (Availability)
                                                           13. Data Aset Prasarana Terupdate di SAP LAM / Updated
                                                               Infrastructure Asset Data in SAP LAM

 Direktur              1. EBITDA Interest bearing debt     1. Total Corporate Culture Health Index / Total Corporate Culture
 Pengelolaan              to invested capital                 Health Index
 Sarana / Managing     2. Perjalanan Tepat Waktu / On      2. Tingkat Penggunaan Produk Dalam Negeri (TKDN) / Domestic
 Director of Rolling      Time Travel                         Product Utilization Level (TKDN)
 Stock                 3. Keamanan/Tingkat Kecelakaan      3. Transformasi Digital: Pengurangan hari perawatan di Balai Yasa /
                          / Safety/Accident Rate              Digital Transformation: Reducing days of care at the Balai Yasa
                       4. Peningkatan Penggunaan KAI       4. Penyerapan Investasi: / Investment Absorption:
                          Access / Increased Use of KAI        a. Pemenuhan SFM di Depo dan Balai Yasa melalui investasi /
                          Access                                  Fulfillment of SFM at Depo and Balai Yasa through
                       5. Rasio Pemenuhan Organ                   investment
                          Pengelola Risiko (Rasio              b. Pemenuhan Replacement Kereta secara bertahap dalam
                          Kualifikasi) / Risk Management          investasi multi years / Fulfillment of Replacement Trains
                          Organ Fulfillment Ratio                 gradually in multi-year investment
                          (Qualification Ratio)            5. Tingkat Reliability Sarana / Reliability Level of Rolling Stock
                       6. Rasio Pemberkasan Sertifikasi    3. Pencapaian Availability Sarana / Availability of Rolling Stock
                          Pekerja Operasional /               Achievement
                          Operational Worker               4. Pencapaian Dokumen Teknis / Technical Document
                          Certification Filing Ratio          Achievements
                       7. Project Milestone Completion
                          for TOD Planned (KAI) TOD
                          Stasiun Pondok Cina / Project
                          Milestone Completion for TOD
                          Planned (KAI) TOD Pondok
                          Cina Station




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PT Kereta Api Indonesia (Persero)                                                                                                  379
                                                                    Annual and Sustainability Report
Page 380
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




     Direktur                   KPI Bersama                                            KPI Individu
 Board of Directors              Joint KPIs                                           Individual KPIs

 Direktur             1. EBITDA Interest bearing debt     1. Total Corporate Culture Health Index / Total Corporate Culture
 Keselamatan dan         to invested capital                 Health Index
 Keamanan /           2. Perjalanan Tepat Waktu / On      2. Tingkat Penggunaan Produk Dalam Negeri (TKDN) / Domestic
 Managing Director       Time Travel                         Product Utilization Level (TKDN)
                      3. Keamanan/Tingkat Kecelakaan      3. Transformasi Digital: / Digital Transformation:
 of Safety and
 Security                / Safety/Accident Rate               a. Insiden Kehilangan Waktu yang Terkait dengan
                      4. Peningkatan Penggunaan KAI              Transformasi Digital; / Lost Time Incidents Related to Digital
                         Access / Increased Use of KAI           Transformation;
                         Access                               b. Pengembangan SRM Sistem Monitoring Bangunan Hikmat
                      5. Rasio Pemenuhan Organ                   (Si Mbah) / Development of Hikmat (Si Mbah) Building
                         Pengelola Risiko (Rasio                 Monitoring System SRM
                         Kualifikasi) / Risk Management   4. Proses Sertifikasi Tanah / Land Certification Process
                         Organ Fulfillment Ratio          5. Toleransi Rasio Kriminalitas di PT.KAI / Crime Ratio Tolerance at
                         (Qualification Ratio)               PT.KAI
                      6. Rasio Pemberkasan Sertifikasi    6. Toleransi jumlah kejadian Kecelakaan Kerja / Tolerance of the
                         Pekerja Operasional /               number of Occupational Accidents
                         Operational Worker               7. Jumlah tersusunnya standard keselamatan dan regulasi
                         Certification Filing Ratio          perkeretaapian di Bidang Operasi, Sarana serta Prasarana
                      7. Project Milestone Completion        Perkeretaapian / The number of safety standards and railway
                         for TOD Planned (KAI) TOD           regulations in the field of railway operations, Rolling Stock and
                         Stasiun Pondok Cina / Project       infrastructure
                         Milestone Completion for TOD     8. Jumlah Realisasi Pencapaian Target Penertiban Aset Tanah,
                         Planned (KAI) TOD Pondok            Bangunan dan Rumah Perusahaan / Total Realization
                         Cina Station                        Achievement of Target for Land, Building and Company House
                                                             Assets

 Direktur SDM dan     1. EBITDA Interest bearing debt     1.  Total Corporate Culture Health Index / Total Corporate Culture
 Umum / Managing         to invested capital                  Health Index
 Director of HR and   2. Perjalanan Tepat Waktu / On      2. Tingkat Penggunaan Produk Dalam Negeri (TKDN) / Domestic
 General Affairs         Time Travel                          Product Utilization Level (TKDN)
                      3. Keamanan/Tingkat Kecelakaan      3. Tingkat Produktivitas Pekerja (revenue/jumlah pekerja) / Worker
                         / Safety/Accident Rate               Productivity Level (revenue/number of workers)
                      4. Peningkatan Penggunaan KAI       4. Rasio Ketersediaan Talent: / Talent Availability Ratio:
                         Access / Increased Use of KAI         a. Digital Talent / Digital Talent
                         Access                                b. Rasio top talent muda (<42 tahun) dalam nominated talent /
                      5. Rasio Pemenuhan Organ                     The ratio of young top talents (<42 years old) in nominated
                         Pengelola Risiko (Rasio                   talents
                         Kualifikasi) / Risk Management        c. Rasio perempuan dalam nominated talent / Ratio of women
                         Organ Fulfillment Ratio                   in nominated talent
                         (Qualification Ratio)                 d. Talent BOD BUMN / Talent BOD SOE
                      6. Rasio Pemberkasan Sertifikasi    5. Prosentase penerbitan kebijakan Talent Development & Career
                         Pekerja Operasional /                Path System Klaster Logistik Transportasi Angkutan Darat /
                         Operational Worker                   Percentage of Talent Development & Career Policy Issuance
                         Certification Filing Ratio           Path System Land Transportation Logistics Cluster
                      7. Project Milestone Completion     6. Tingkat Implementasi Corporate University / Corporate
                         for TOD Planned (KAI) TOD            University Implementation Level
                         Stasiun Pondok Cina / Project    7. Optimalisasi Big Data: / Big Data Optimalization:
                         Milestone Completion for TOD          a. ITMS / ITMS
                         Planned (KAI) TOD Pondok              b. Sibeksa / Sibeksa
                         Cina Station                          c. Eduklik fase 2 (KAI Learning Wallet) / Eduklik fase 2 (KAI
                                                                   Learning Wallet)
                                                          8. Tingkat kepuasan pekerja / Employee satisfaction level
                                                          9. Realisasi fit to work pada pekerja critical position / Realization of
                                                              fit to work in critical position workers
                                                          10. Tersedianya blue print integrasi sistem HC KAI Group /
                                                              Availability of KAI Group HC system integration blueprint
                                                          11. Transformasi Digital: / Digital Transformation:
                                                               a. Cost savings dalam procurement dengan central PBJ / Cost
                                                                   savings in procurement with central PBJ
                                                               b. Kategori dalam ecatalog / Categories in e-catalog
                                                               c. Persetujuan untuk organisasi procurement terpusat /
                                                                   Approval for centralized procurement organization




                       Laporan Tahunan dan Keberlanjutan
380                                                                                          PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 381
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




      Direktur                   KPI Bersama                                         KPI Individu
  Board of Directors              Joint KPIs                                        Individual KPIs

 Direktur              1. EBITDA Interest bearing debt     1.  Total Corporate Culture Health Index / Total Corporate Culture
 Perencanaan              to invested capital                  Health Index
 Strategis dan         2. Perjalanan Tepat Waktu / On      2. Tingkat Penggunaan Produk Dalam Negeri (TKDN) / Domestic
 Pengembangan             Time Travel                          Product Utilization Level (TKDN)
                       3. Keamanan/Tingkat Kecelakaan      3. Transformasi Digital: Penggunaan Aplikasi Wave / Digital
 Usaha / Managing
                          / Safety/Accident Rate               Transformation: Using Wave Applications
 Director of
                       4. Peningkatan Penggunaan KAI       4. Penyerapan Investasi / Investment Absorption
 Strategic Planning
                          Access / Increased Use of KAI    5. Pencapaian Laba/Rugi Anak Perusahaan / Profit/Loss
 and Business
                          Access                               Achievement of Subsidiaries
 Development
                       5. Rasio Pemenuhan Organ            6. Penyelesaian Proyek Konektivitas KCJB Lintas Bd-Pdl /
                          Pengelola Risiko (Rasio              Completion of KCJB Connectivity Project Across Bd-Pdl
                          Kualifikasi) / Risk Management   7. Penandatangan Perjanjian Konsesi Pembangunan Stasiun
                          Organ Fulfillment Ratio              Tigaraksa / Signing of the Development Concession Agreement
                          (Qualification Ratio)                Tigaraksa Station
                       6. Rasio Pemberkasan Sertifikasi    8. Implementasi Energi Baru Terbarukan di Stasiun & Balai Yasa /
                          Pekerja Operasional /                Implementation of New Renewable Energy at Stations and
                          Operational Worker                   Plants
                          Certification Filing Ratio       9. Penyerapan Capex untuk COD proyek LRT / Capex Absorption
                       7. Project Milestone Completion         for COD LRT project
                          for TOD Planned (KAI) TOD        10. Progress Fisik LRT Jabodebek dan Konektivitas dengan Moda
                          Stasiun Pondok Cina / Project        Lain / Physical Progress of Jabodebek LRT and Connectivity
                          Milestone Completion for TOD         with Other Modes
                          Planned (KAI) TOD Pondok         11. Pengurusan Penerbitan Kep Gub DKI tentang penugasan KAI
                          Cina Station                         sebagai Pengelola kawasan TOD Tanah Abang / Administration
                                                               of the Issuance of the Decree of the Governor of DKI regarding
                                                               the assignment of KAI as the Manager of the Tanah Abang TOD
                                                               area

 Direktur Keuangan     1. EBITDA Interest bearing debt     1.  Total Corporate Culture Health Index / Total Corporate Culture
 dan Manajemen            to invested capital                  Health Index
 Risiko / Managing     2. Perjalanan Tepat Waktu / On      2. Tingkat Penggunaan Produk Dalam Negeri (TKDN) / Domestic
 Director of Finance      Time Travel                          Product Utilization Level (TKDN)
 and Risk              3. Keamanan/Tingkat Kecelakaan      3. Penyerapan Investasi / Investment Absorption
 Management               / Safety/Accident Rate           4. Pemenuhan Pelaksanaan PSO / Fulfillment of PSO
                       4. Peningkatan Penggunaan KAI           Implementation
                          Access / Increased Use of KAI    5. Optimalisasi Big data / Big Data Optimalization
                          Access                           6. Milestone Pemenuhan Backlog IMO tahun 2022 / Milestone IMO
                       5. Rasio Pemenuhan Organ                Backlog Fulfillment in 2022
                          Pengelola Risiko (Rasio          7. Pemenuhan KPI PMN TA 2021-2022 / Fulfillment of PMN KPI TA
                          Kualifikasi) / Risk Management       2021-2022
                          Organ Fulfillment Ratio          8. Penyampaian Pelaporan Keuangan Tepat Waktu / Timely
                          (Qualification Ratio)                Submission of Financial Reporting
                       6. Rasio Pemberkasan Sertifikasi         a. Usulan RKAP / RKAP proposal
                          Pekerja Operasional /                 b. Laporan Keuangan / Financial Report
                          Operational Worker                    c. Pelaporan dan Pembayaran Pajak / Tax Reporting and
                          Certification Filing Ratio               Payment
                       7. Project Milestone Completion     9. Optimalisasi Sales Management System (Optimalisasi KAI
                          for TOD Planned (KAI) TOD            Access dan peningkatan kapasitas infrastruktur sales
                          Stasiun Pondok Cina / Project        management system) / Optimization of Sales Management
                          Milestone Completion for TOD         System (Optimization of KAI Access and increasing the capacity
                          Planned (KAI) TOD Pondok             of sales management system infrastructure)
                          Cina Station                     10. Pencapaian Risk Maturity Index / Achievement of Risk Maturity
                                                               Index
                                                           11. Efektivitas Monitoring dan Pengendalian Risiko Utama
                                                               Perusahaan / Effectiveness of Monitoring and Control of
                                                               Company's Main Risks
                                                           12. Milestone Tahapan Pencapaian Pelaksanaan IMO dan TAC /
                                                               Milestone Stages of Achievement in the Implementation of IMO
                                                               and TAC
                                                           13. Pemenuhan dukungan pendanaan Proyek Strategis Nasional /
                                                               Fulfillment of funding support for National Strategic Projects




                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                               381
                                                                    Annual and Sustainability Report
Page 382
                                      Tata Kelola Perusahaan
                                      Good Corporate Governance




Resume Pencapaian Nilai Kinerja Individu Direksi                  Directors Individual Performance Value
Secara Individual Tahun 2023                                      Achievement Summary Individually in 2023


                                           KPI         KPI            KPI                           Nilai Kinerja Individu
                Direktorat               Kolegial    Bersama      Direktorat      Jumlah                    Direksi
   No
                Directorate              Kolegial     Joint       Directorate      Total           Individual Performance
                                          KPIs         KPIs          KPIs                            Values of Directors

         Direktur Niaga /
   1     Managing Director of             102,71       41,68          59,13        100,81                   101,57
         Commerce

         Direktur Operasi /
   2     Managing Director of             102,71       41,68         63,72         105,41                  104,33
         Operation

         Direktur Pengelolaan
   3     Prasarana / Managing             102,71       41,68         63,03         104,71                   103,91
         Director of Infrastructure

         Direktur Pengelolaan
   4     Sarana / Managing                102,71       41,68         63,05         104,74                  103,92
         Director of Rolling Stock

         Direktur Keselamatan dan
         Keamanan / Managing
   5                                      102,71       41,68         63,82         105,50                  104,39
         Director of Safety and
         Security

         Direktur SDM dan Umum
   6     / Managing Director of HR        102,71       41,68          61,71         101,71                  102,11
         and General Affairs

         Direktur Perencanaan
         Strategis dan
         Pengembangan Usaha /
   7                                      102,71       41,68         59,88         101,56                  102,02
         Managing Director of
         Strategic Planning and
         Business Development

         Direktur Keuangan dan
         Manajemen Risiko /
   8     Managing Director of             102,71       41,68         61,06         100,83                  101,58
         Finance and Risk
         Management




KEBIJAKAN KEBERAGAMAN
DEWAN KOMISARIS DAN DIREKSI [GRI 405-1]
BOARD OF COMMISSIONERS AND DIRECTORS DIVERSITY POLICY [GRI 405-1]
Perseroan memahami pentingnya pemenuhan aspek                     The Company understands the importance of fulfilling
keberagaman dalam komposisi Dewan Komisaris dan                   the diversity aspect in the composition of the Board of
Direksi. Hal tersebut dipenuhi guna menjaga kualitas              Commissioners and Board of Directors. This is fulfilled
pengambilan keputusan yang dilakukan masing-masing                in order to maintain the quality of decision making by
organ agar tetap objektif, komprehensif, optimal, serta           each organ to remain objective, comprehensive, optimal,
berdampak positif khususnya bagi praktik pengawasan               and have a positive impact, especially for the practice of
dan pengelolaan Perseroan. Terpenuhinya aspek                     supervision and management of the Company. The
keberagaman dalam komposisi Dewan Komisaris dan                   fulfilment of the diversity aspect in the composition of
Direksi merupakan upaya Perseroan untuk memperkaya                the Board of Commissioners and the Board of Directors
sudut pandang di dalam proses pengambilan keputusan,              is the Company's effort to enrich the point of view in the
baik Dewan Komisaris maupun Direksi, sebagai nilai                decision-making      process,   both    the    Board    of
tambah yang dihadirkan di dalam kegiatan operasional              Commissioners and the Board of Directors, as an added
dan manajemen Perseroan, mencakup pelaksanaan tata                value presented in the Company's operational and
kelola perusahaan.                                                management activities, including the implementation
                                                                  of corporate governance.




                       Laporan Tahunan dan Keberlanjutan
382                                                                                          PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 383
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                           Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Kebijakan keberagaman pada komposisi Dewan Komisaris                           The diversity policy on the composition of the Board of
dan Direksi diatur melalui Board Manual. Sesuai aturan                         Commissioners and the Board of Directors is regulated
itu, Dewan Komisaris dan Direksi wajib memenuhi                                through the Board Manual. According to the regulation,
sejumlah persyaratan, mencakup latar belakang                                  the Board of Commissioners and the Board of Directors
pengetahuan dan keahlian yang dimiliki masing-masing                           must fulfil a number of requirements, including the
anggota. Persyaratan bagi Dewan komisaris dan Direksi                          background knowledge and expertise of each member.
memperlihatkan bahwa komposisi Dewan Komisaris dan                             The requirements for the Board of Commissioners and
Direksi wajib disusun dengan memenuhi keberagaman                              Board of Directors show that the composition of the Board
pengetahuan dan keahlian, sesuai kebutuhan Perseroan.                          of Commissioners and Board of Directors must be
                                                                               prepared by fulfilling the diversity of knowledge and
                                                                               expertise, according to the needs of the Company.

Pengungkapan aspek keberagaman komposisi Dewan                                 Disclosure of the diversity aspect of the composition of
Komisaris dan Direksi dapat dilihat di dalam tabel sebagai                     the Board of Commissioners and Board of Directors can
berikut:                                                                       be seen in the following table:

Aspek Keberagaman pada Komposisi Dewan Komisaris                               Diversity Aspects in the Composition of the Board of
                                                                               Commissioners

                                                Jenis
     Nama            Jabatan        Usia                            Pendidikan                         Pengalaman Kerja                       Keahlian
                                               Kelamin
     Name            Position       Age                              Education                          Work Experience                         Skill
                                               Gender

Said Aqil Siroj   Komisaris       70 tahun     Laki-laki    • Sarjana bidang                 • Memiliki pengalaman kerja sebagai          Manajemen /
                  Utama/          / 70 years    / Male        Ushuluddin dan Dakwah            Dosen, Anggota MPR dan Komisaris           Management
                  Komisaris       old                         Fakultas Syari’ah,               Independen di berbagai Perusahaan          Filsafat Islam /
                  Independen /                                University King Abdul            BUMN lainnya. / Has experience             Islamic
                  President                                   Aziz, Mekkah (1982) /            working as a Lecturer, Member of the       Philosophy
                  Commissioner/                               Bachelor of Ushuluddin           People's Consultative Assembly (MPR),
                  Independent                                 and Da’wah at Faculty of         and Independent Commissioner at
                  Commissioner                                Sharia, University King          various other state-owned enterprises.
                                                              Abdul Aziz, Mekkah (1982)      • Vice President Religions for Peace
                                                            • Master bidang                    (2019 - sekarang) / Vice President
                                                              Perbandingan Agama,              Religions for Peace (2019 - Present)
                                                              Fakultas Ushuluddin,           • Anggota BPIP (Badan Pengkajian
                                                              University / Master of           Ideologi Pancasila) RI (2017-sekarang) /
                                                              Religious Studies Faculty        Member at BPIP (Badan Pengkajian
                                                              of Ushuluddin University         Ideologi Pancasila) RI (2017 - Present)
                                                            • Doktor bidang Aqidah/          • Ketua Umum PBNU (2010 – 2021) /
                                                              Filsafat Islam, Fakultas         Chairman at PBNU (2010 – 2021)
                                                              Ushuluddin, University         • Komisaris Independen PT Rumah Sakit
                                                              Umma al-Qura Mekkah              Pelabuhan (Pelindo II Group) (2019-
                                                              (1994) / Doctorate in            2020) / Independent Commissioner at
                                                              Islamic Creed/Philosophy         PT Rumah Sakit Pelabuhan (Pelindo II
                                                              Faculty of Ushuluddin            Group) (2019-2020)
                                                              Umma al-Qura University        • Komisaris Independen PT Pelabuhan
                                                              Mecca (1994)                     Tanjung Priok (Pelindo II Group) (2012-
                                                                                               2019) / Independent Commissioner at
                                                                                               PT Pelabuhan Tanjung Priok (Pelindo
                                                                                               II Group) (2012-2019)
                                                                                             • Ketua Majelis Wali Amanat Universitas
                                                                                               Indonesia (2012-2015) / Chair of the
                                                                                               Board of Trustees at the University of
                                                                                               Indonesia (2012-2015)
                                                                                             • Guru Besar Bidang Tasawuf IAIN
                                                                                               Sunan Ampel – Surabaya (2014) /
                                                                                               Professor of Sufism at IAIN Sunan
                                                                                               Ampel – Surabaya (2014)

Rochadi           Komisaris       61 tahun /   Laki-laki    • Akademi Militer (1986) /       • Dandim 0616/Indramayu (2003) /             Militer / Military
                  Independen /    61 years      / Male        Military Academy (1986)          Dandim 0616/Indramayu (2003)
                  Independent     old                       • Sussarcab Infanteri (1986)     • Waasops Kasdam III/SLW (2007) /
                  Commissioner                                / Sussarcab Infanteri            Waasops Kasdam III/SLW (2007)
                                                              (1986)                         • Aster Kasdam III/SlW (2011) / Aster
                                                            • Suslapa I (1991) / Suslapa I     Kasdam III/SlW (2011)
                                                              (1991)                         • Danbrigif 19/KT Dam XII/TPR (2010) /
                                                            • Suslapa II (1995) / Suslapa      Danbrigif 19/KT Dam XII/TPR (2010)
                                                              II (1995)                      • Danrem 044/Gapo Dam II/SWJ (2013) /
                                                            • Seskoad (2000) / Seskoad         Danrem 044/Gapo Dam II/SWJ (2013)
                                                              (2000)                         • Irdam III/SLW (2014) / Irdam III/SLW
                                                                                               (2014)
                                                                                             • Paban Sahli Kasad Bidang Orkes Sahli
                                                                                               Kasad (2015) / Assistant to the Chief of
                                                                                               Staff of the Army for Orchestra Affairs
                                                                                               (2015)
                                                                                             • Danpusdikter Pusterad (2016) /
                                                                                               Danpusdikter Pusterad (2016)
                                                                                             • Direktur A Bais TNI (2018) / Director of
                                                                                               A Bais TNI (2018)
                                                                                             • Dankoopssus TNI (2019) / Dankoopssus
                                                                                               TNI (2019)
                                                                                             • Komisaris Independen PT Kereta Api
                                                                                               Indonesia (Persero) (2021-Sekarang). /
                                                                                               Independent Commissioner at PT
                                                                                               Kereta Api Indonesia (Persero) (2021 -
                                                                                               Present).




                                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                              383
                                                                                  Annual and Sustainability Report
Page 384
                                     Tata Kelola Perusahaan
                                     Good Corporate Governance




                                             Jenis
      Nama         Jabatan       Usia                           Pendidikan                       Pengalaman Kerja                     Keahlian
                                            Kelamin
      Name         Position      Age                             Education                        Work Experience                       Skill
                                            Gender

Riza Primadi    Komisaris      62 tahun     Laki-laki   • Sarjana Sains bidang         • Dosen Departemen Ilmu Komunikasi          Komunikasi /
                Independen /   / 62 years    / Male       Matematika dan IPA dari        FISIP UI (1988-2008) / Lecturer at        Communication
                Independent    old                        Universitas Indonesia          Communication Department FISIP UI
                Commissioner                              (1986) / Bachelor of           (1988-2008)
                                                          Science in Mathematics       • News and Corporate Affairs Director,
                                                          and Natural Sciences           Trans TV (2000-2005) / News and
                                                          from University of             Corporate Affairs Director, Trans TV
                                                          Indonesia (1986)               (2000-2005)
                                                        • Post Graduate in Science     • News Director, PT Adi Karya Visi (2005-
                                                          Communications,                2008) / News Director, PT Adi Karya
                                                          University of London,          Visi (2005-2008)
                                                          Birbeck College (1994) /     • News Advisor, Astro Awani Malaysia
                                                          Post Graduate in Science       (2009-2010) / News Advisor, Astro
                                                          Communications,                Awani Malaysia (2009-2010)
                                                          University of London,        • Staf Khusus Menteri BUMN (2015-2017)
                                                          Birbeck College (1994)         / Special Staff of the Minister of SOE
                                                        • Transitional Democracy         (2015-2017)
                                                          (Chevening Awards),          • Komisaris Independen PT Kereta Api
                                                          University of Birmingham,      Indonesia (Persero) (2021-Sekarang) /
                                                          UK (2000). / Transitional      Independent Commissioner at PT
                                                          Democracy (Chevening           Kereta Api Indonesia (Persero) (2021-
                                                          Awards), University of         Present)
                                                          Birmingham, UK (2000).

Mohamad Risal   Komisaris /    56 tahun     Laki-laki   • Pascasarjana (S2), Sekolah   • Direktur Lalu Lintas dan Angkutan         Transportasi /
Wasal           Commissioner   / 56 years    / Male       Tinggi Ilmu Manajemen,         Kereta Api, Kementerian Perhubungan       Transportation
                               old                        Jakarta (2000) / Master's      (2021- 2022) / Director of Railway
                                                          Degree (S2), School of         Traffic and Transportation, Ministry of
                                                          Management, Jakarta            Transportation (2021-2022)
                                                          (2000)                       • Direktur Sarana Transportasi Jalan,
                                                        • Diploma (D4), Sekolah          Kementerian Perhubungan (2020-
                                                          Tinggi Transportasi Darat      2021) / Director of Road Transportation
                                                          (1997) / Diploma (D4),         Rolling Stock, Ministry of
                                                          Land Transportation            Transportation (2020-2021)
                                                          College (1997)               • Direktur Prasarana Transportasi Jalan,
                                                                                         Kementerian Perhubungan (2019-
                                                                                         2020) / Director of Road
                                                                                         Transportation Infrastructure, Ministry
                                                                                         of Transportation (2019-2020)
                                                                                       • Direktur Pembinaan Keselamatan
                                                                                         Kementerian Perhubungan (2018-2019)
                                                                                         / Director of Safety Development,
                                                                                         Ministry of Transportation (2018-2019)

Sri Paduka      Komisaris /    26 tahun     Laki-laki   • Sarjana Hukum,               • Harika Event, Vice-Head of Media and      Hukum / Law
Mangkoenagoro   Commissioner   / 26 years    / Male       Universitas Indonesia          Publication (2017–2018) / Harika Event,
X                              old                        (2019) / Bachelor of Law,      Vice-Head of Media and Publication
                                                          University of Indonesia        (2017–2018)
                                                          (2019)                       • Sekolah Cita Buana, Photography
                                                                                         Teacher (2018 – 2019) / Sekolah Cita
                                                                                         Buana, Photography Teacher (2018 –
                                                                                         2019)
                                                                                       • Trainee Associate, Hendra Soenardi
                                                                                         Law Firm (May 2019 – Oct 2019) /
                                                                                         Trainee Associate, Hendra Soenardi
                                                                                         Law Firm (May 2019 – Oct 2019)
                                                                                       • Associate, Hendra Soenardi Law Firm
                                                                                         (Oct 2019 – Jan 2022) / Associate,
                                                                                         Hendra Soenardi Law Firm (Oct 2019 –
                                                                                         Jan 2022)
                                                                                       • Komisaris PT Kereta Api Indonesia
                                                                                         (Persero) (2022-sekarang) /
                                                                                         Commissioner at PT Kereta Api
                                                                                         Indonesia (Persero) (2022-sekarang)

Diah Natalisa   Komisaris /    60 tahun     Peremp      • Sarjana bidang               • Ketua Program Studi Magister              Manajemen /
                Commissioner   / 60 years    uan /        Manajemen dari                 Manajemen Universitas Sriwijaya           Management
                               old          Female        Universitas Sriwijaya          (2000-2008) / Head of Master's
                                                          (1987) / Bachelor of           Program in Management, Sriwijaya
                                                          Management at                  University (2000-2008)
                                                          University of Sriwijaya      • Koordinator Kopertis Wilayah II
                                                          (1987)                         Sumbagsel-Kemendikbud RI (2008-
                                                        • Master bidang                  2016) / Coordinator of Kopertis Region
                                                          Manajemen dari                 II Sumbagsel, Ministry of Education
                                                          University of Kentucky         and Culture of the Republic of
                                                          (1992) / Master of             Indonesia (2008-2016)
                                                          Management at                • Komisaris PT Jamkrindo (2017-2021) /
                                                          University of Kentucky         Commissioner at PT Jamkrindo (2017-
                                                          (1992)                         2021)
                                                        • Doktor Program Studi         • Komisaris PT Kereta Api Indonesia
                                                          Ilmu Ekonomi dari              (Persero) (2021-Sekarang) /
                                                          Universitas Airlangga          Commissioner at PT Kereta Api
                                                          (1999) / Doctor of             Indonesia (Persero) (2021 - Present)
                                                          Economics at University
                                                          of Airlangga (1999)
                                                        • (Prof) Ilmu Manajemen
                                                          dari Universitas Sriwijaya
                                                          (2008) / (Prof)
                                                          Management at
                                                          University of Sriwijaya
                                                          (2008)




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384                                                                                                      PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 385
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                        Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                             Jenis
     Nama          Jabatan       Usia                            Pendidikan                      Pengalaman Kerja                    Keahlian
                                            Kelamin
     Name          Position      Age                              Education                       Work Experience                      Skill
                                            Gender

Chairul Anwar   Komisaris /    62 tahun     Laki-laki    • Akpol (1986) / Police       • Penyidik Utama Tk. I DIT III (2010) /    Kepolisian /
                Commissioner   / 62 years    / Male        Academy (1986)                Senior Investigator Level I, DIT III     Constabulary
                               old                       • PTIK (1995) / PTIK (1995)     (2010)
                                                         • Sespimpol (2001) /          • Penyidik Utama Tk. I Rowassidik (2011)
                                                           Sespimpol (2001)              / Senior Investigator Level I,
                                                         • Sespati Polri (2009) /        Rowassidik (2011)
                                                           Sespati Polri (2009)        • Analis Kebijakan Dittipidum (2013) /
                                                         • Lemhannas RI (2013) /         Policy Analyst, Dittipidum (2013)
                                                           Lemhannas RI (2013)         • Asisten Deputi Koordinasi
                                                                                         Penanganan Kejahatan Transnasional
                                                                                         dan Kejahatan Luar Biasa (2013-2016) /
                                                                                         Assistant Deputy for Coordination of
                                                                                         Transnational and Extraordinary
                                                                                         Crime Handling (2013-2016)
                                                                                       • Ketua Pelaksana Harian Satgas
                                                                                         Penanganan Pengungsi dari Luar
                                                                                         Negeri (2019) / Chairman of the Daily
                                                                                         Implementation Task Force for
                                                                                         Handling Foreign Refugees (2019)
                                                                                       • Komisaris PT Angkasa Pura Solusi
                                                                                         (2020-2021) / Commissioner at PT
                                                                                         Angkasa Pura Solusi (2020-2021)
                                                                                       • Komisaris PT Kereta Api Indonesia
                                                                                         (Persero) (2021-Sekarang) /
                                                                                         Commissioner at PT Kereta Api
                                                                                         Indonesia (Persero) (2021-Sekarang)

Johan Sirait    Komisaris /    47 tahun     Laki-laki    • Sarjana Hukum,              • Co-Founder & Commissioner PT             Hukum / Law
                Commissioner   / 47 years    / Male        Universitas Atma Jaya         Menara Medika Pratama (2009-
                               old                         (1996) / Bachelor of Law,     Sekarang) / Co-Founder &
                                                           University of Atma Jaya       Commissioner PT Menara Medika
                                                           (1996)                        Pratama (2009-Sekarang)




                                                                           Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                385
                                                                               Annual and Sustainability Report
Page 386
                                       Tata Kelola Perusahaan
                                       Good Corporate Governance




Aspek Keberagaman pada Komposisi Direksi                                    Diversity Aspects in the Composition of the Board of
                                                                            Directors

                                               Jenis
      Nama        Jabatan          Usia                           Pendidikan                        Pengalaman Kerja                      Keahlian
                                              Kelamin
      Name        Position         Age                             Education                         Work Experience                        Skill
                                              Gender

Didiek        Direktur Utama / 62 tahun       Laki-laki   • Sarjana bidang Ekonomi        • Group Head Financial Institutions,        Keuangan /
Hartantyo     President        / 62 years      / Male       Manajemen dari                  Bank Mandiri (2010-2011). / Group Head    Finance
              Director         old                          Universitas Negeri Sebelas      Financial Institutions, Bank Mandiri
                                                            Maret (1985). / Bachelor of     (2010-2011).                              Bisnis / Business
                                                            Management Economics          • Group Head Corporate Banking II,
                                                            from State University of        Bank Mandiri (2011-2016). / Group Head
                                                            Sebelas Maret(1985).            Corporate Banking II, Bank Mandiri
                                                          • Master’s degree dari            (2011-2016).
                                                            Daniel School of Business,    • Direktur Keuangan PT Kereta Api
                                                            University of Denver,           Indonesia (Persero) (2016-2020). /
                                                            Amerika Serikat (1995). /       Director of Finance PT Kereta Api
                                                            Master’s degree from            Indonesia (Persero) (2016-2020).
                                                            Daniel School of Business,    • Direktur Utama PT Kereta Api
                                                            University of Denver,           Indonesia (Persero) (2020-sekarang). /
                                                            United States of America        President Director PT Kereta Api
                                                            (1995)                          Indonesia (Persero) (2020-sekarang).

Hadis Surya   Direktur Niaga /   58 tahun     Laki-laki   • Magister Administrasi         • Analis Bisnis (2005-2009) / Business      Operasi /
Palapa        Managing           / 58 years    / Male       Bisnis dari Brunel              Analyst (2005-2009)                       Operation
              Director of        old                        University di London          • Project Manager Pembangunan
              Commerce                                      (2007) / Master of              Barge Loading Conveyor (2009-2010) /      Prasarana /
                                                            Business Administration         Project Manager of Barge Loading          Infrastructure
                                                            from Brunel University in       Conveyor Construction (2009-2010)
                                                            London (2007)                 • Site Manager Pembangunan
                                                                                            Dermaga, Coal Handling Facilities,
                                                                                            dan Kantor Terpadu (2010-2015) / Site
                                                                                            Manager of Port Construction, Coal
                                                                                            Handling Facilities, and Integrated
                                                                                            Office (2010-2015)
                                                                                          • Project Manager Pembangunan
                                                                                            Infrastruktur Penanganan Batu Bara
                                                                                            (2015-2016) / Project Manager of Coal
                                                                                            Handling Infrastructure Construction
                                                                                            (2015-2016)
                                                                                          • Direktur Utama PT Satria Bahana
                                                                                            Sarana (2016-2017) / President Director
                                                                                            at PT Satria Bahana Sarana (2016-
                                                                                            2017)
                                                                                          • General Manager Pelabuhan Tarahan
                                                                                            (2018-2020) / General Manager at
                                                                                            Tarahan Port (2018-2020)
                                                                                          • Sekretaris Perusahaan PT Bukit Asam
                                                                                            Tbk (2018-2020) / Corporate Secretary
                                                                                            at PT Bukit Asam Tbk (2018-2020)
                                                                                          • Direktur Operasi PT Bukit Asam Tbk
                                                                                            (2020-2021) / Managing Director of
                                                                                            Operation at PT Bukit Asam Tbk
                                                                                            (2020-2021)
                                                                                          • Direktur Niaga PT Kereta Api
                                                                                            Indonesia (Persero) (2022-sekarang) /
                                                                                            Managing Director of Commerce at PT
                                                                                            Kereta Api Indonesia (Persero) (2022-
                                                                                            sekarang)

Awan          Direktur Operasi   57 tahun     Laki-laki   • Sarjana bidang Teknik         • Executive Vice President Freight          Prasarana /
Hermawan      / Managing         / 57 years    / Male       Sipil dari Institut             Marketing & Sales PT Kereta Api           Infrastructure
Purwadinata   Director of        old                        Teknologi Nasional              Indonesia (Persero) (2015-2016) /
              Operation                                     Bandung (1955) / Bachelor       Executive Vice President Freight
                                                            of Civil Engineering from       Marketing & Sales PT Kereta Api
                                                            National Bandung                Indonesia (Persero) (2015-2016)
                                                            Institute of Technology       • Corporate Deputy Director of
                                                            (1955)                          Infrastructure Maintenance and
                                                          • Magister bidang Teknik          Infrastructure Assets Kantor Pusat PT
                                                            Perkeretaapian Institut         Kereta Api Indonesia (Persero) (2016-
                                                            Teknologi Bandung (2000)        2019) / Corporate Deputy Director of
                                                            / Master of Railway             Infrastructure Maintenance and
                                                            Engineering from                Infrastructure Assets Kantor Pusat PT
                                                            Bandung Institute of            Kereta Api Indonesia (Persero) (2016-
                                                            Technology (2000)               2019)
                                                                                          • Direktur Operasi PT Kereta Api
                                                                                            Indonesia (Persero) (2019) / Managing
                                                                                            Director of Operation of PT Kereta Api
                                                                                            Indonesia (Persero) (2019)
                                                                                          • Direktur Pengelolaan Prasarana PT
                                                                                            Kereta Api Indonesia (Persero) (2020-
                                                                                            2022) / Managing Director of
                                                                                            Infrastructure at PT Kereta Api
                                                                                            Indonesia (Persero) (2020-2022)
                                                                                          • Direktur Operasi PT Kereta Api
                                                                                            Indonesia (Persero) (2022-Sekarang) /
                                                                                            Managing Director of Operation at PT
                                                                                            Kereta Api Indonesia (Persero) (2022-
                                                                                            Present)




                       Laporan Tahunan dan Keberlanjutan
386                                                                                                         PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 387
                                       Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                  Jenis
     Nama           Jabatan           Usia                           Pendidikan                        Pengalaman Kerja                      Keahlian
                                                 Kelamin
     Name           Position          Age                             Education                         Work Experience                        Skill
                                                 Gender

Heru Kuswanto   Direktur            52 tahun     Laki-laki    • Sarjana bidang              • Vice President Sub Divre III.2              Sarana / Rolling
                Pengelolaan         / 52 years    / Male        Manajemen dari                Tanjungkarang PT Kereta Api                 Stock
                Prasarana /         old                         Universitas Gajah Mada        Indonesia (Persero) (kini Divre IV
                Managing                                        (1999) / Bachelor of          Tanjungkarang) (2013-2015) / Vice           Keselamatan /
                Director of                                     Management from               President Sub Divre III.2                   Safety
                Infrastructure                                  University of Gajah Mada      Tanjungkarang PT Kereta Api
                                                                (1999)                        Indonesia (Persero) (Now Divre IV
                                                                                              Tanjungkarang) (2013-2015)
                                                                                            • Direktur Utama PT Railink (2015-2019) /
                                                                                              President Director at PT Railink (2015-
                                                                                              2019)
                                                                                            • Plt. Executive Vice President National
                                                                                              and Corporate Strategic Projects PT
                                                                                              Kereta Api Indonesia (Persero) (2019)
                                                                                            • Corporate Deputy Director of New
                                                                                              Business Development PT Kereta Api
                                                                                              Indonesia (Persero) (2019-2020)
                                                                                            • Corporate Deputy Director of Assets
                                                                                              Development PT Kereta Api Indonesia
                                                                                              (Persero) (2020-2021)
                                                                                            • Direktur Operasi PT Kereta Api
                                                                                              Indonesia (Persero) (2020-2022) /
                                                                                              Managing Director of Operation at PT
                                                                                              Kereta Api Indonesia (Persero) (2020-
                                                                                              2022)
                                                                                            • Direktur Pengelolaan Prasarana PT
                                                                                              Kereta Api Indonesia (Persero) (2022-
                                                                                              sekarang) / Managing Director of
                                                                                              Infrastructure at PT Kereta Api
                                                                                              Indonesia (Persero) (2022-sekarang)


Eko Purwanto*   Direktur            52 tahun     Laki-laki    • Sarjana bidang Mesin        • Executive Vice President UPT Balai          Mesin /
                Pengelolaan         / 52 years    / Male        Kapal dari Universitas        Yasa Lahat PT Kereta Api Indonesia          Mechanical
                Prasarana /         old                         Hang Tuah (1996) /            (Persero) (2013-2015)
                Managing                                        Bachelor of Marine          • Executive Vice President UPT Balai
                Director of                                     Engineering from              Yasa Yogyakarta PT Kereta Api
                Infrastructure                                  University of Hang Tuah       Indonesia (Persero) (2015-2017)
                                                                (1996)                      • Corporate Deputy Director of Rolling
                                                                                              Stock PT Kereta Api Indonesia
                                                                                              (Persero) (2017-2018)
                                                                                            • Executive Vice President Daerah
                                                                                              Operasi 6 Yogyakarta PT Kereta Api
                                                                                              Indonesia (Persero) (2018-2020) /
                                                                                              Executive Vice President District
                                                                                              Operation 6 Yogyakarta PT Kereta Api
                                                                                              Indonesia (Persero) (2018-2020)
                                                                                            • Executive Vice President Daerah
                                                                                              Operasi 1 Jakarta PT Kereta Api
                                                                                              Indonesia (Persero) (2020-2021) /
                                                                                              Executive Vice President District
                                                                                              Operation 1 Jakarta PT Kereta Api
                                                                                              Indonesia (Persero) (2020-2021)
                                                                                            • Direktur Pengelolaan Sarana PT Kereta
                                                                                              Api Indonesia (Persero) (2021-2023) /
                                                                                              Managing Director of Rolling Stock at
                                                                                              PT Kereta Api Indonesia (Persero)
                                                                                              (2021-2023)


Sandry          Direktur            56 tahun     Laki-laki    • Insinyur dari Fakultas      • Head of Project Delivery di PHE-WMO         Keselamatan /
Pasambuna       Perencanaan         / 56 years    / Male        Teknik Sipil Universitas      dan Commissioning & Quality Control         Safety
                Strategis dan       old                         Sam Ratulangi Manado          Manager di PHE-ONWJ (2011-2018) /
                Pengelolaan                                     (1995) / Engineer from        Head of Project Delivery di PHE-WMO
                Sarana (1 Januari                               Faculty of Civil              dan Commissioning & Quality Control
                - 26 Oktober                                    Engineering at University     Manager at PHE-ONWJ (2011-2018)
                2022) /                                         of Sam Ratulangi            • Commissioning & Quality Control
                Managing                                        Manado                        Manager at PHE-ONWJ (2018-2020) /
                Director of                                   • Environmental Policy and      Commissioning & Quality Control
                Strategic                                       Management, The Van           Manager at PHE-ONWJ (2018-2020)
                Planning and                                    Hall Institute, Belanda     • Direktur Komersial dan
                Rolling Stock                                   (2002) / Environmental        Pengembangan Usaha Perum DAMRI
                Management                                      Policy and Management,        (2020-2022) / Director of Commercial
                (January 1 st -                                 The Van Hall Institute,       and Business Development at Perum
                October 26 th,                                  Netherlands (2002)            DAMRI (2020-2022)
                2022)                                         • Program Studi Program       • Direktur Perencanaan Strategis dan
                                                                Profesi Insinyur              Pengembangan Usaha PT Kereta Api
                Direktur                                        Universitas Sam Ratulangi     Indonesia (Persero) (2022). / Director of
                Keselamatan                                     Manado (2020)                 Strategic Planning and Business
                dan Keamanan                                  • Magister Teknik               Development at PT Kereta Api
                (26 Oktober - 31                                Perminyakan UPN Veteran       Indonesia (Persero) (2022).
                Desember 2022)                                  Yogyakarta (2020) /         • Direktur Keselamatan dan Keamanan
                / Managing                                      Master of Petroleum           PT Kereta Api Indonesia (Persero)
                Director of                                     Engineering at UPN            (2022-sekarang) / Managing Director
                Safety and                                      Veteran Yogyakarta            of Safety and Security at PT Kereta Api
                Security                                        (2020)                        Indonesia (Persero) (2022).
                (October 26 th -
                December 31 st,
                2022)




                                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                            387
                                                                                  Annual and Sustainability Report
Page 388
                                         Tata Kelola Perusahaan
                                         Good Corporate Governance




                                                 Jenis
      Nama          Jabatan          Usia                          Pendidikan                        Pengalaman Kerja                     Keahlian
                                                Kelamin
      Name          Position         Age                            Education                         Work Experience                       Skill
                                                Gender

Suparno         Direktur SDM       56 tahun     Laki-laki   • Sarjana bidang Teknik        • Vice President Sub Divre III.2            SDM. Prasarana /
                dan UMUM /         / 56 years    / Male       Sipil dari Universitas         Tanjungkarang PT Kereta Api               HR,
                Managing           old                        Negeri Sebelas Maret           Indonesia (Persero) (kini Divre IV        Infrastructure
                Director of HR                                (1993) / Bachelor of Civil     Tanjungkarang) (2013-2015) / Vice
                and General                                   Engineering from State         President Sub Divre III.2
                Affairs                                       University of Sebelas          Tanjungkarang PT Kereta Api
                                                              Maret (1993)                   Indonesia (Persero) (Now Divre IV
                                                            • Magister bidang Teknik         Tanjungkarang) (2013-2015)
                                                              Perkeretaapian dari          • Direktur Utama PT Railink (2015-2019) /
                                                              Institut Teknologi             President Director at PT Railink (2015-
                                                              Bandung (2001). / Master       2019)
                                                              of Railway Engineering       • Plt. Executive Vice President National
                                                              from Bandung Institute of      and Corporate Strategic Projects PT
                                                              Technology (2001)              Kereta Api Indonesia (Persero) (2019)
                                                                                           • Corporate Deputy Director of New
                                                                                             Business Development PT Kereta Api
                                                                                             Indonesia (Persero) (2019-2020)
                                                                                           • Corporate Deputy Director of Assets
                                                                                             Development PT Kereta Api Indonesia
                                                                                             (Persero) (2020-2021)
                                                                                           • Direktur Operasi PT Kereta Api
                                                                                             Indonesia (Persero) (2020-2022) /
                                                                                             Managing Director of Operation at PT
                                                                                             Kereta Api Indonesia (Persero) (2020-
                                                                                             2022)
                                                                                           • Direktur Pengelolaan Prasarana PT
                                                                                             Kereta Api Indonesia (Persero) (2022-
                                                                                             sekarang) / Managing Director of
                                                                                             Infrastructure at PT Kereta Api
                                                                                             Indonesia (Persero) (2022-sekarang)


John Robertho   Direktur           60 tahun     Laki-laki   • Sarjana bidang Teknik        • Executive Vice President UPT Balai        Keselamatan /
                Keselamatan        / 60 years    / Male       Mesin dari Universitas         Yasa Lahat PT Kereta Api Indonesia        Safety
                dan Keamanan       old                        HKBP Nommensen (1989)          (Persero) (2013-2015)
                (1 Januari - 26                               / Bachelor of Mechanical     • Executive Vice President UPT Balai
                Oktober 2022) /                               Engineering from               Yasa Yogyakarta PT Kereta Api
                Managing                                      University of HKBP             Indonesia (Persero) (2015-2017)
                Director of                                   Nommensen (1989)             • Corporate Deputy Director of Rolling
                Safety and                                                                   Stock PT Kereta Api Indonesia
                Security                                                                     (Persero) (2017-2018)
                (January 1 st -                                                            • Executive Vice President Daerah
                October 26 th,                                                               Operasi 6 Yogyakarta PT Kereta Api
                2022)                                                                        Indonesia (Persero) (2018-2020) /
                                                                                             Executive Vice President District
                Direktur                                                                     Operation 6 Yogyakarta PT Kereta Api
                Perencanaan                                                                  Indonesia (Persero) (2018-2020)
                Strategis dan                                                              • Executive Vice President Daerah
                Pengembangan                                                                 Operasi 1 Jakarta PT Kereta Api
                Usaha (26                                                                    Indonesia (Persero) (2020-2021) /
                Oktober - 31                                                                 Executive Vice President District
                Desember 2022)                                                               Operation 1 Jakarta PT Kereta Api
                / Managing                                                                   Indonesia (Persero) (2020-2021)
                Director of                                                                • Direktur Pengelolaan Sarana PT Kereta
                Strategic                                                                    Api Indonesia (Persero) (2021-2023) /
                Planning and                                                                 Managing Director of Rolling Stock at
                Business                                                                     PT Kereta Api Indonesia (Persero)
                Development                                                                  (2021-2023)
                (October 26 th -
                December 31 st,
                2022)

                Direktur
                Perencanaan
                Strategis dan
                Pengelolaan
                Sarana (28
                November 2023
                - sekarang) /
                Managing
                Director of
                Strategic
                Planning and
                Rolling Stock
                Management
                (November 28 th,
                2023 - Present)




                          Laporan Tahunan dan Keberlanjutan
388                                                                                                          PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 389
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                          Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                               Jenis
     Nama           Jabatan        Usia                            Pendidikan                           Pengalaman Kerja                       Keahlian
                                              Kelamin
     Name           Position       Age                              Education                            Work Experience                         Skill
                                              Gender

Salusra Wijaya   Direktur        60 tahun     Laki-laki    • Sarjana bidang Akuntansi        • Head of Project Delivery di PHE-WMO         Keuangan /
                 Keuangan dan    / 60 years    / Male        dari Universitas Indonesia        dan Commissioning & Quality Control         Finance
                 Manajemen       old                         (1988) / Bachelor of              Manager di PHE-ONWJ (2011-2018) /
                 Risiko /                                    Accounting from                   Head of Project Delivery di PHE-WMO
                 Managing                                    University of Indonesia           dan Commissioning & Quality Control
                 Director of                                 (1988)                            Manager at PHE-ONWJ (2011-2018)
                 Finance and                               • MBA in International            • Commissioning & Quality Control
                 Risk                                        Banking & Finance di              Manager at PHE-ONWJ (2018-2020) /
                 Management                                  Birmingham Business               Commissioning & Quality Control
                                                             School, University of             Manager at PHE-ONWJ (2018-2020)
                                                             Birmingham, Inggris             • Direktur Komersial dan
                                                             (1997) / MBA in                   Pengembangan Usaha Perum DAMRI
                                                             International Banking &           (2020-2022) / Director of Commercial
                                                             Finance di Birmingham             and Business Development at Perum
                                                             Business School,                  DAMRI (2020-2022)
                                                             University of Birmingham,       • Direktur Perencanaan Strategis dan
                                                             England (1997)                    Pengembangan Usaha PT Kereta Api
                                                                                               Indonesia (Persero) (2022). / Director of
                                                                                               Strategic Planning and Business
                                                                                               Development at PT Kereta Api
                                                                                               Indonesia (Persero) (2022).
                                                                                             • Direktur Keselamatan dan Keamanan
                                                                                               PT Kereta Api Indonesia (Persero)
                                                                                               (2022-sekarang) / Managing Director
                                                                                               of Safety and Security at PT Kereta Api
                                                                                               Indonesia (Persero) (2022).


Rudi As          Direktur        51 tahun /   Laki-laki    • Kandidat Master                 • Head of Project Delivery di PHE-WMO         Pengembangan
Aturridha        Pengembangan    51 years      / Male        Universitas Trisakti (2022 –      dan Commissioning & Quality Control         Bisnis / Business
                 Usaha dan       old                         sekarang) / Master                Manager di PHE-ONWJ (2011-2018) /           Development
                 Kelembagaan /                               Candidate at University of        Head of Project Delivery di PHE-WMO
                 Managing                                    Trisakti (2022 - Present)         dan Commissioning & Quality Control
                 Director of                               • Sarjana Ekonomi                   Manager at PHE-ONWJ (2011-2018)
                 Business                                    Universitas Trisakti (1996) /   • Commissioning & Quality Control
                 Development                                 Bachelor of Economics at          Manager at PHE-ONWJ (2018-2020) /
                 and                                         University of Trisakti            Commissioning & Quality Control
                 Institutional                               (1996)                            Manager at PHE-ONWJ (2018-2020)
                 Relations                                                                   • Direktur Komersial dan
                                                                                               Pengembangan Usaha Perum DAMRI
                                                                                               (2020-2022) / Director of Commercial
                                                                                               and Business Development at Perum
                                                                                               DAMRI (2020-2022)
                                                                                             • Direktur Perencanaan Strategis dan
                                                                                               Pengembangan Usaha PT Kereta Api
                                                                                               Indonesia (Persero) (2022). / Director of
                                                                                               Strategic Planning and Business
                                                                                               Development at PT Kereta Api
                                                                                               Indonesia (Persero) (2022).
                                                                                             • Direktur Keselamatan dan Keamanan
                                                                                               PT Kereta Api Indonesia (Persero)
                                                                                               (2022-sekarang) / Managing Director
                                                                                               of Safety and Security at PT Kereta Api
                                                                                               Indonesia (Persero) (2022).




NOMINASI DAN REMUNERASI
DEWAN KOMISARIS DAN DIREKSI [GRI 2-10]
NOMINATION AND REMUNERATION FOR THE BOARD OF COMMISSIONERS AND
DIRECTORS [GRI 2-10]
Perseroan menerapkan proses nominasi Dewan Komisaris                          The Company implements the nomination process of the
dan Direksi dengan mengacu pada Peraturan Menteri                             Board of Commissioners and Directors by referring to
BUMN PER-10/MBU/10/2020 tanggal 09 Oktober 2020                               the Regulation of the Minister of SOEs PER-10/MBU/
tentang Perubahan Atas Peraturan Menteri Badan Usaha                          10/2020   dated     October    9 th,  2020   concerning
Milik Negara Nomor PER-02/MBU/02/2015 Tentang                                 Amendments to the Regulation of the Minister of State-
Persyaratan dan Tata Cara Pengangkatan dan                                    Owned Enterprises Number PER-02/MBU/02/2015
Pemberhentian Anggota Dewan Komisaris dan Dewan                               concerning    Requirements       and    Procedures     for
Pengawas Badan Usaha Milik Negara dan pada Peraturan                          Appointment and Dismissal of Members of the Board of
Menteri BUMN PER-03/MBU/02/2015 tanggal 17 Februari                           Commissioners and Supervisory Board of State-Owned
2015 tentang Persyaratan dan Tata Cara Pengangkatan                           Enterprises and to the Regulation of the Minister of SOEs
dan Pemberhentian Anggota Direksi Badan Usaha Milik                           PER-03/MBU/02/2015 dated February 17th, 2015 concerning
Negara.                                                                       Requirements and Procedures for Appointment and
                                                                              Dismissal of Members of the Board of Directors of State-
                                                                              Owned Enterprises.




                                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                              389
                                                                                 Annual and Sustainability Report
Page 390
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




Bakal calon Dewan Komisaris dan Direksi diusulkan             Candidates for the Board of Commissioners and Board
melalui Dewan Komisaris yang dibantu oleh Komite              of Directors are proposed through the Board of
Remunerasi dan Nominasi. Bakal calon yang akan                Commissioners assisted by the Remuneration and
ditetapkan menjadi calon anggota Dewan Komisaris dan          Nomination Committee. The candidate who will be
Direksi adalah seorang yang telah dinyatakan memenuhi         determined as a candidate for the Board of
Persyaratan formal, persyaratan materiil dan persyaratan      Commissioners and the Board of Directors is a person
lain serta lulus Uji Kelayakan dan Kepatutan (UKK).           who has been declared to have met the formal
Penetapan Direksi dan Dewan dilakukan melalui                 requirements, material requirements and other
Keputusan RUPS.                                               requirements and passed the Fit and Proper Test (UKK).
                                                              The determination of the Board of Directors and the Board
                                                              is made through a GMS Resolution.

PROSEDUR DAN PELAKSANAAN                                      PROCEDURE AND IMPLEMENTATION OF
REMUNERASI DIREKSI DAN DEWAN                                  DIRECTOR AND BOARD OF COMMISSIONERS
KOMISARIS [GRI 2-19, 2-20]                                    REMUNERATION [GRI 2-19, 2-20]
Penetapan remunerasi bagi anggota Dewan Komisaris             The determination of remuneration for members of the
dan Direksi merupakan kewenangan pemegang saham               Board of Commissioners and Board of Directors is the
melalui mekanisme RUPS, dengan formulasi yang                 authority of the shareholders through the GMS
mengacu pada Peraturan Menteri BUMN Nomor PER-04/             mechanism, with a formulation that refers to the Regulation
MBU/2014 Tanggal 10 Maret 2014 Tentang Pedoman                of the Minister of SOEs Number PER-04/MBU/2014 Dated
Penetapan Penghasilan Direksi, Dewan Komisaris, dan           March 10 th, 2014 concerning Guidelines for Determining
Dewan Pengawas BUMN, dengan perubahan terakhir                the Income of Directors, Board of Commissioners, and
berdasarkan Peraturan Menteri BUMN Nomor PER-13/              Supervisory Board of SOEs, with the latest amendment
MBU/09/2021 Tanggal 24 September 2021 tentang                 based on the Regulation of the Minister of SOEs Number
Perubahan Perubahan Keenam Atas Peraturan Menteri             PER-13/MBU/09/2021 Dated September 24 th, 2021
Badan Usaha Milik Negara Nomor PER-04/MBU/2014                concerning the Sixth Amendment to the Regulation of
Tentang Pedoman Penetapan Penghasilan Direksi,                the Minister of State-Owned Enterprises Number PER-
Dewan Komisaris, dan Dewan Pengawas Badan Usaha               04/MBU/2014 concerning Guidelines for Determining the
Milik Negara.                                                 Income of Directors, Board of Commissioners, and
                                                              Supervisory Board of State-Owned Enterprises.

PROSEDUR PENETAPAN REMUNERASI                                 REMUNERATION DETERMINATION
                                                              PROCEDURE
Dalam proses penetapan besaran remunerasi Dewan               In the process of determining the amount of
Komisaris dan Direksi, Dewan Komisaris dengan dibantu         remuneration of the Board of Commissioners and the
Komite Nominasi dan Remunerasi melakukan kajian dan           Board of Directors, the Board of Commissioners, assisted
evaluasi tentang besaran dana remunerasi yang akan            by the Nomination and Remuneration Committee,
diberikan. Selanjutnya, hasil kajian dan evaluasi             conducts a study and evaluation of the amount of
disampaikan kepada RUPS untuk dikaji kembali hingga           remuneration funds to be given. Furthermore, the results
kemudian disahkan setelah mendapat kesepakatan.               of the study and evaluation are submitted to the GMS to
Indikator Penetapan Remunerasi Penetapan remunerasi           be reviewed again and then ratified after obtaining an
berupa gaji atau honorarium, tunjangan, dan fasilitas yang    agreement. Remuneration Determination Indicators The
bersifat tetap dilakukan dengan mempertimbangkan              determination of remuneration in the form of salary or
sejumlah indikator mencakup skala usaha, kompleksitas         honorarium, allowances, and facilities of a fixed nature
usaha, tingkat inflasi, kondisi dan kemampuan keuangan        is carried out by considering a number of indicators
Perseroan, serta faktor-faktor lain yang relevan, dengan      including business scale, business complexity, inflation
batasan yang diatur di dalam peraturan perundang-             rate, condition and financial capacity of the Company,
undangan yang berlaku.                                        as well as other relevant factors, with the limits stipulated
                                                              in the applicable laws and regulations.

STRUKTUR DAN BESARAN REMUNERASI                               STRUCTURE AND AMOUNT OF
MASING-MASING ANGGOTA DIREKSI DAN                             REMUNERATION FOR EACH MEMBER OF
ANGGOTA DEWAN KOMISARIS                                       THE BOARD OF DIRECTORS AND MEMBER
                                                              OF THE BOARD OF COMMISSIONERS
Berdasarkan prosedur dan indikator penetapan                  Based on the procedures and indicators for determining
remunerasi yang diuraikan sebelumnya, struktur                remuneration described previously, the remuneration
remunerasi Dewan Komisaris dan Direksi yang berlaku           structure of the Board of Commissioners and Board of
untuk tahun 2023 adalah sebagai berikut:                      Directors applicable for 2023 is as follows:




                       Laporan Tahunan dan Keberlanjutan
390                                                                                     PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 391
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Struktur Remunerasi Dewan Komisaris dan Direksi                           Remuneration Structure of the Board of Commissioners
                                                                          and Board of Directors
Berdasarkan prosedur dan indikator penetapan                              Based on the procedures and indicators for determining
remunerasi yang diuraikan sebelumnya, struktur                            remuneration described previously, the remuneration
remunerasi Dewan Komisaris dan Direksi yang berlaku                       structure of the Board of Commissioners and Directors
untuk tahun 2023 adalah sebagai berikut:                                  applicable for 2023 is as follows:

Struktur Remunerasi Dewan Komisaris dan Direksi                           Remuneration Structure of the Board of Commissioners
                                                                          and Board of Directors

                                                   Keputusan
        Jenis                                       Decision
                                                                                                              Keterangan
    Penghasilan
                                                                                                              Information
    Income Type               Dewan Komisaris                              Direksi
                            Board of Commissioners                        Directors

 Honorarium/Gaji /      Honorarium Komisaris                    • Gaji Direktur Utama: 100%      Sesuai SR-4/Wk.MBU.11/07/2023
 Honorarium/Salary      Utama: 45% dari Direktur                  dari gaji Direktur Utama /     Tanggal 24 Juli 2023. / In accordance
                        Utama Anggota Dewan                       President Director's salary:   with SR-4/Wk.MBU.11/07/2023 dated
                        Komisaris: 90% dari Komisaris             100% of the President          July 24 th, 2023.
                        Utama / President                         Director's salary
                        Commissioner Honorarium:                • Anggota Direksi lainnya
                        45% of the President Director             85% dari gaji Direktur
                        Members of the Board of                   Utama. / Other members
                        Commissioners: 90% of the                 of the Board of Directors
                        President Commissioner                    are 85% of the President
                                                                  Director's salary.

                                                         Tunjangan / Allowance

 Tunjangan Hari         1 (satu) kali honorarium / 1        1 (satu) kali gaji / 1 (one) time    Sesuai PER-3/MBU/03/2023 / In
 Raya Keagamaan /       (one) time honorarium               salary                               accordance with PER-3/MBU/03/2023
 Religious holiday
 allowance

 Asuransi Purna         Premi yang ditanggung oleh          Premi yang ditanggung oleh           Sesuai PER-3/MBU/03/2023 / In
 Jabatan / Post-        perusahaan sebesar 25% dari         perusahaan sebesar 25% dari          accordance with PER-3/MBU/03/2023
 Service Insurance      gaji dalam 1 tahun / The            gaji dalam 1 tahun / The
                        premium borne by the                premium borne by the
                        company is 25% of salary in 1       company is 25% of salary in 1
                        year                                year

 Tunjangan              -                                   Tunjangan perumahan                  Sesuai PER-3/MBU/03/2023 Apabila
 perumahan /                                                diberikan secara bulanan /           Direksi BUMN masih mendapatkan
 Housing allowance                                          Housing allowances are               fasilitas rumah dinas, maka tetap dapat
                                                            given on a monthly basis             menggunakan fasilitas tersebut paling
                                                                                                 lambat tanggal 31 Desember 2023 / In
                                                                                                 accordance with PER-3/MBU/03/2023,
                                                                                                 if SOE Directors still have official
                                                                                                 housing facilities, they can still use
                                                                                                 these facilities no later than December
                                                                                                 31 st, 2023

 Tunjangan              20% dari honorarium per             -                                    Sesuai PER-3/MBU/03/2023 / In
 Transportasi /         bulan / 20% of honorarium                                                accordance with PER-3/MBU/03/2023
 Transportation         per month
 Allowance

                                                            Fasilitas / Facility

 Fasilitas Kendaraan    -                                   1 (satu) unit beserta biaya          Spesifikasi dan jenis kendaraan diatur
 / Vehicle Facilities                                       pemeliharaan dan biaya               oleh Dewan Komisaris dengan batas
                                                            operasional, dengan                  maksimal 3.500 cc. Untuk kendaraan
                                                            memperhatikan kondisi                berbahan bakar minyak atau batas
                                                            keuangan perusahaan. / 1             maksimal 100 kWh untuk kendaraan
                                                            (one) unit along with                bermotor listrik berbasis baterai
                                                            maintenance costs and                (battery electric vehicle) / Vehicle
                                                            operational costs, taking into       specifications and types are regulated
                                                            account the company's                by the Board of Commissioners with a
                                                            financial condition.                 maximum limit of 3,500 cc. For oil-
                                                                                                 fueled vehicles or a maximum limit of
                                                                                                 100 kWh for battery electric vehicles




                                                                         Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                          391
                                                                             Annual and Sustainability Report
Page 392
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




                                                Keputusan
          Jenis                                  Decision
                                                                                                     Keterangan
      Penghasilan
                                                                                                     Information
      Income Type          Dewan Komisaris                        Direksi
                         Board of Commissioners                  Directors

 Fasilitas Kesehatan   Dalam bentuk asuransi           Dalam bentuk asuransi             Sesuai PER-3/MBU/03/2023 / In
 / Medical facility    Kesehatan atau penggantian      Kesehatan atau penggantian        accordance with PER-3/MBU/03/2023
                       biaya pengobatan (at cost) /    biaya pengobatan (at cost) /
                       In the form of Health           In the form of health
                       insurance or reimbursement      insurance or reimbursement
                       of medical expenses (at cost)   of medical expenses (at cost)

 Fasilitas Bantuan     Sebesar pemakaian (at cost) /   Sebesar pemakaian (at cost) /     Sesuai PER-3/MBU/03/2023 / In
 Hukum / Legal Aid     Amount used (at cost)           Amount used (at cost)             accordance with PER-3/MBU/03/2023
 Facility

 Tantiem/Insentif      Pemberian Tantiem/IK            Pemberian Tantiem/IK              Sesuai PER-3/MBU/03/2023 / In
 Kinerja / Tantiem/    diberikan secara proporsional   diberikan secara proporsional     accordance with PER-3/MBU/03/2023
 Performance           berdasarkan capaian kinerja     berdasarkan capaian kinerja
 Incentive             pada tahun yang                 pada tahun yang
                       bersangkutan serta              bersangkutan serta
                       mempertimbangkan capaian        mempertimbangkan capaian
                       kontribusi dividen kepada       kontribusi dividen kepada
                       Negara atau indikator lainnya   Negara atau indikator lainnya
                       yang ditetapkan oleh RUPS/      yang ditetapkan oleh RUPS/
                       Menteri dalam Rencana Kerja     Menteri dalam Rencana Kerja
                       dan Anggaran Perusahaan         dan Anggaran Perusahaan
                       (RKAP) tahun yang               (RKAP) tahun yang
                       bersangkutan. / Provision of    bersangkutan. / Provision of
                       of Tantiem/IK is given          of Tantiem/ IK is given
                       proportionally based on the     proportionally based on the
                       achievement of performance      achievement of performance
                       in the year concerned and       in the year concerned and
                       taking into account the         taking into account the
                       achievement of dividend         achievement of dividend
                       contributions to the State or   contributions to the State or
                       other indicators determined     other indicators determined
                       by the GMS/Minister in the      by the GMS/Minister in the
                       Company’s Work Plan and         Company’s Work Plan and
                       Budget (RKAP) for the year      Budget (RKAP) for the year
                       concerned.                      concerned.


Adapun, besaran remunerasi masing-masing anggota                  Meanwhile, the amount of remuneration for each member
Dewan Komisaris dan anggota Direksi untuk tahun 2023              of the Board of Commissioners and members of the Board
adalah sebagai berikut                                            of Directors for 2023 is as follows.

Besaran Remunerasi Dewan Komisaris Tahun 2023                     Amount of Remuneration for the Board                          of
                                                                  Commissioners in 2023
Besaran Remunerasi Direksi Tahun 2023                             Amount of Remuneration for Directors in 2023

                                                                    Jumlah Diterima
   Jenis Remunerasi                                                 Amount Received
     dan Fasilitas
                                        Dewan Komisaris                                            Direksi
        Types of
                                      Board of Commissioners                                      Directors
   Remuneration and
       Facilities                Jumlah Orang                   Nilai                   Jumlah Orang                Nilai
                                Number of people               Amount                  Number of people            Amount

 Honorarium/Gaji /        Dewan Komisaris (termasuk         12.509.100.000   Direksi (termasuk yang sudah      24.185.250.000
 Honorarium/Gaji          yang sudah berhenti pada                           berhenti pada tahun 2023) /
                          tahun 2023) / Board of                             Directors (including those who
                          Commissioners (including                           retired in 2023)
                          those who retired in 2023)

 Tantiem                  Dewan Komisaris (termasuk         15.893.169.529   Direksi (termasuk yang sudah      36.766.830.471
                          yang sudah berhenti pada                           berhenti pada tahun 2023) /
                          tahun 2023) / Board of                             Directors (including those who
                          Commissioners (including                           retired in 2023)
                          those who retired in 2023)




                       Laporan Tahunan dan Keberlanjutan
392                                                                                           PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 393
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Pada laporan ini, KAI tidak mengungkap rasio kompensasi       In this report, KAI does not disclose the ratio of the total
total tahunan bagi individu dengan bayaran tertinggi di       annual compensation for the highest-paid individual in
organisasi terhadap median (nilai tengah) total               the organization to the median (midpoint) total annual
kompensasi tahunan untuk semua karyawan(tidak                 compensation for all employees (excluding the highest-
termasuk individu dengan bayaran tertinggi). [GRI 2-21]       paid individual). [GRI 2-21]



KOMITE DI BAWAH DEWAN KOMISARIS
COMMITTEES UNDER THE BOARD OF COMMISSIONERS
Dalam melaksanakan fungsinya sebagai organ pengawas           In carrying out its function as the Company's supervisory
dan pemberi nasihat Perseroan, Dewan Komisaris                and advisory organ, the Board of Commissioners is
didukung oleh sejumlah komite yaitu Komite Audit,             supported by a number of committees, namely the Audit
Komite Nominasi dan Remunerasi, serta Komite                  Committee, Nomination and Remuneration Committee,
Pemantau Manajemen Risiko. Masing-masing komite               and Risk Management Monitoring Committee. Each
telah dibentuk dan difungsikan sesuai peraturan               committee has been established and functions in
perundang-undangan dan standar penerapan GCG yang             accordance with the prevailing laws and regulations and
berlaku, mencakup ketentuan di dalam Peraturan Menteri        GCG implementation standards, including the provisions
Negara BUMN No. PER-12/MBU/2012 tentang Organ                 in the Regulation of the Minister of State-Owned
Pendukung Dewan Komisaris/Dewan Pengawas Badan                Enterprises No. PER-12/MBU/2012 on Supporting Organs
Usaha Milik Negara.                                           of the Board of Commissioners/Supervisory Board of
                                                              State-Owned Enterprises.

KOMITE AUDIT                                                  AUDIT COMMITTEE
Komite Audit merupakan organ pendukung Dewan                  The Audit Committee is a supporting organ of the Board
Komisaris yang membantu Dewan Komisaris dalam                 of Commissioners that assists the Board of Commissioners
menilai kecukupan sistem pengendalian internal,               in assessing the adequacy of the internal control system,
kecukupan pelaporan, dan pengungkapan laporan                 adequacy of reporting, and disclosure of financial
keuangan, serta tugas-tugas lain yang tercantum dalam         statements, as well as other duties listed in the Audit
Piagam Komite Audit. Pembentukan Komite Audit                 Committee Charter. The establishment of the Audit
merupakan bagian yang tidak terpisahkan dari upaya            Committee is an integral part of the Company's efforts
Perseroan untuk memastikan efektivitas sistem                 to ensure the effectiveness of the internal control system
pengendalian intern serta pelaksanaan prinsip tata kelola     and the implementation of good corporate governance
perusahaan yang baik.                                         principles.

Piagam Komite Audit                                           Audit Committee Charter
Komite Audit memiliki Piagam Komite yang mengatur             The Audit Committee has a Committee Charter that
organisasi, keanggotaan, pedoman perilaku, fungsi, tugas,     regulates the organization, membership, code of
kewenangan dan tanggung jawab, serta mekanisme kerja          conduct, functions, duties, authorities and responsibilities,
komite. Piagam Komite Audit pertama kali diterbitkan          as well as the working mechanism of the committee. The
berdasarkan Keputusan Dewan Komisaris Nomor 01/ KA/           Audit Committee Charter was first issued based on the
DEKOM/KAI/I/2013 tanggal 1 Januari 2013 tentang               Decision of the Board of Commissioners Number 01/ KA/
Pedoman Kerja Komite Audit (Audit Committee Charter).         DEKOM/KAI/I/2013 dated January 1st, 2013 concerning the
Pada tahun 2017, Piagam Komite Audit telah diperbaharui       Audit Committee Charter. In 2017, the Audit Committee
dengan Piagam Komite Audit (Audit Committee Charter)          Charter was updated with Audit Committee Charter
Nomor: 01/KA/X/2017 tanggal 11 Oktober 2017.                  Number: 01/KA/X/2017 dated October 11 th, 2017.




                                                             Laporan Tahunan dan Keberlanjutan
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                                                                 Annual and Sustainability Report
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                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




Tugas dan Tanggung Jawab Komite Audit                         Duties and Responsibilities of the Audit Committee
Tugas dan tanggung jawab Komite Audit di antaranya            The duties and responsibilities of the Audit Committee
adalah:                                                       include:
  1. Menjadi fasilitator bagi Dewan Komisaris, untuk             1. Become a facilitator for the Board of Commissioners,
     memastikan bahwa struktur pengendalian internal                to ensure that the Company's internal control
     Perseroan telah dilaksanakan dengan baik,                      structure has been implemented properly, the
     pelaksanaan audit internal maupun eksternal telah              implementation of internal and external audits has
     dilaksanakan sesuai dengan standar auditing yang               been carried out in accordance with applicable
     berlaku dan tindak lanjut temuan hasil audit                   auditing standards and follow-up on audit findings
     dilaksanakan oleh manajemen.                                   carried out by management.
  2. Komite Audit mengkaji ruang lingkup dan ketetapan           2. The Audit Committee reviews the scope and
     Audit Eksternal, kewajaran biaya Audit Eksternal               provisions of the External Audit, the reasonableness
     serta kemandirian dan objektivitas Auditor                     of the External Audit fees and the independence
     Eksternal.                                                     and objectivity of the External Auditor.
  3. Memastikan efektivitas sistem pengendalian internal/        3. Ensure the effectiveness of the internal /
     manajemen dan efektivitas pelaksanaan tugas auditor            management control system and the effectiveness
     eksternal dan auditor internal.                                of the implementation of the duties of external
                                                                    auditors and internal auditors.
  4. Menilai pelaksanaan kegiatan4 serta hasil audit yang        4. Assessing the implementation of activities and
     dilakukan Internal Audit maupun auditor eksternal.             results of audits conducted by Internal Audit and
                                                                    external auditors.
  5. Memberi rekomendasi kepada Dewan Komisaris                  5. Provide recommendations to the Board of
     mengenai penyempurnaan sistem pengendalian                     Commissioners regarding the improvement of the
     manajemen serta pelaksanaannya, penunjukan                     management control system and its implementation,
     Akuntan yang didasarkan pada independensi, ruang               the appointment of Accountants based on
     lingkup penugasan dan fee.                                     independence, scope of assignment and fees.
  6. Memberikan pendapat independen dalam hal terjadi            6. Provide an independent opinion in the event of a
     perbedaan pendapat antara Manajemen dan                        difference of opinion between the Management and
     akuntan atas jasa yang diberikan.                              the accountant on the services provided.
  7. Melakukan identifikasi hal-hal yang memerlukan              7. Identifying matters that require the attention of the
     perhatian Dewan Komisaris serta tugas-tugas                    Board of Commissioners and other duties of the
     Dewan Komisaris lainnya.                                       Board of Commissioners.
  8. Memastikan telah terdapat prosedur evaluasi yang            8. Ensure that there is a satisfactory evaluation
     memuaskan terhadap segala informasi yang                       procedure for all information issued by the Company.
     dikeluarkan Perseroan.
  9. Menyusun program kerja tahunan Komite Audit                9. Prepare the annual work program of the Audit
     untuk mendapatkan persetujuan Dewan Komisaris                  Committee for approval by the Board of
     dan membuat laporan periodik untuk disampaikan                 Commissioners and make periodic reports to be
     dan dievaluasi oleh Dewan Komisaris.                           submitted and evaluated by the Board of
                                                                    Commissioners.
  10. Memberikan pendapat kepada Dewan Komisaris                10. Provide opinions to the Board of Commissioners
      terhadap laporan atau hal-hal yang disampaikan                on reports or matters submitted by the Board of
      oleh Direksi kepada Dewan Komisaris, dan                      Directors to the Board of Commissioners, and identify
      mengidentifikasikan hal hal yang memerlukan                   matters that require the attention of the Board of
      perhatian Dewan Komisaris, dan melaksanakan                   Commissioners, and carry out other tasks related
      tugas-tugas lain yang berkaitan dengan tugas                  to the duties of the Board of Commissioners,
      Dewan Komisaris, antara lain meliputi:                        including:
       a. Melakukan penelaahan atas informasi keuangan                a. Reviewing financial information that will be
          yang akan dikeluarkan Perseroan, seperti                       issued by the Company, such as financial
          laporan keuangan, RJPP, RKAP, laporan                          statements, RJPP, RKAP, Management reports,
          Manajemen, dan informasi keuangan lainnya.                     and other financial information.
       b. Melakukan penelaahan atas ketaatan Perseroan                b. Reviewing the Company's compliance with laws
          terhadap peraturan perundang-undangan di                       and regulations in the Capital Market sector and
          bidang Pasar Modal dan peraturan perundang-                    other laws and regulations related to the
          undangan lainnya yang berhubungan dengan                       Company's activities.
          kegiatan Perseroan.
       c. Melakukan penelaahan atas pemeriksaan oleh                 c. Reviewing the examination by the external
          auditor eksternal dan mengkaji kecukupan                      auditor and reviewing the adequacy of the
          fungsi audit internal termasuk jumlah auditor,                internal audit function including the number
          rencana kerja tahunan dan penugasan yang                      of auditors, annual work plan and assignments
          telah dilaksanakan.                                           that have been carried out.




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394                                                                                    PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 395
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




        d. Melakukan penelaahan dan melaporkan kepada                        d. Reviewing and reporting to the Board of
           Dewan Komisaris atas pengaduan yang                                  Commissioners on complaints relating to the
           berkaitan dengan Perseroan.                                          Company.
        e. Mengkaji kecukupan pelaksanaan audit eksternal                    e. Reviewing the adequacy of external audit
           termasuk di dalamnya perencanaan audit dan                           implementation including audit planning and
           jumlah auditornya.                                                   number of auditors.
        f. Melakukan penelaahan atas pelaksanaan                             f. Reviewing the implementation of audit by
           pemeriksaan oleh auditor internal dan                                internal   auditors      and     overseeing    the
           mengawasi pelaksanaan tindak lanjut oleh                             implementation of follow-up by the Board of
           Direksi atas temuan auditor internal.                                Directors on the findings of internal auditors.
        g. Adanya potensi benturan kepentingan di                            g. The existence of potential conflict of interest
           Perseroan.                                                           in the Company.
        h. Melaporkan kepada Dewan Komisaris berbagai                        h. Reporting to the Board of Commissioners
           risiko yang dihadapi Perseroan dan melakukan                         various risks faced by the Company and
           penelaahan terhadap aktivitas pelaksanaan                            reviewing       the       risk       management
           manajemen risiko yang dilakukan oleh Direksi,                        implementation activities carried out by the
           jika tidak memiliki fungsi pemantau risiko di                        Board of Directors, if there is no risk monitoring
           bawah Dewan Komisaris.                                               function under the Board of Commissioners.
  11. Menelaah pengaduan yang berkaitan dengan proses                  11. Reviewing complaints relating to the Company's
      akuntansi dan pelaporan keuangan Perseroan.                          accounting and financial reporting processes.
  12. Menjaga kerahasiaan dokumen, data dan informasi                  12. Maintain the confidentiality of the Company's
      Perseroan baik dari pihak internal maupun eksternal                  documents, data and information both from internal
      dan hanya digunakan untuk kepentingan                                and external parties and only used for the purpose
      pelaksanaan tugasnya.                                                of carrying out its duties.
  13. Dewan Komisaris dapat memberikan penugasan                       13. The Board of Commissioners may provide other
      lain kepada Komite Audit yang ditetapkan dalam                       assignments to the Audit Committee as stipulated
      piagam Komite Audit.                                                 in the Audit Committee charter.

Struktur, Keanggotaan dan Keahlian Komite Audit                    Structure, Membership, and Expertise of the Audit
                                                                   Committee
Informasi struktur, keanggotaan, dan keahlian Komite               Information on the structure, membership and expertise
Audit di tahun 2023 dapat dilihat pada tabel di bawah              of the Audit Committee in 2023 can be seen in the table
ini:                                                               below:

Struktur, Keanggotaan dan Keahlian Komite Audit                    Structure, Membership, and Expertise of the Audit
                                                                   Committee

                Nama                                        Jabatan                                         Keahlian
                Name                                        Position                                        Expertise

 Riza Primadi                       Ketua Komite Audit / Head of the Audit Committee             Komunikasi / Communication

 Rochadi                            Anggota Komite Audit / Member of the Audit Committee         Keselamatan / Safety

 Johan Sirait                       Anggota Komite Audit / Member of the Audit Committee         Hukum / Law

 Amalia Setianti Lestari            Anggota Komite Audit / Member of the Audit Committee         Akuntansi / Accountancy

 Ernesto                            Anggota Komite Audit / Member of the Audit Committee         Akuntansi / Accountancy


PROFIL KOMITE AUDIT                                                AUDIT COMMITTEE PROFILE
Profil masing-masing anggota Komite Audit Perseroan                Profile of each Audit Committee Member in 2023 are as
di tahun 2023 adalah sebagai berikut:                              follows:

                                                   RIZA PRIMADI
                                   Ketua Komite Audit / Head of the Audit Committee

     Profil Riza Primadi sebagai ketua Komite Audit telah disajikan pada bab Profil Perusahaan bagian Profil Anggota Dewan
     Komisaris. / Riza Primadi’s Profile as the Head of Audit Committee is presented in the Company Profile chapter, Board of
                                                Commissioners Members Section




                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                 395
                                                                      Annual and Sustainability Report
Page 396
                                     Tata Kelola Perusahaan
                                     Good Corporate Governance




                                                    ROCHADI
                               Anggota Komite Audit / Member of the Audit Committee

      Profil Rochadi sebagai anggota Komite Audit telah disajikan pada bab Profil Perusahaan bagian Profil Anggota Dewan
      Komisaris. / Rochadi’s Profile as the member of Audit Committee is presented in the Company Profile chapter, Board of
                                                Commissioners Members Section



                                                  JOHAN SIRAIT
                                Anggita Komite Audit / Member of the Audit Committee

   Profil Johan Sirait sebagai anggota Komite Audit telah disajikan pada bab Profil Perusahaan bagian Profil Anggota Dewan
   Komisaris. / Johan Sirait’s Profile as the member of Audit Committee is presented in the Company Profile chapter, Board of
                                                Commissioners Members Section



                                           AMALIA SETIANTI LESTARI
                               Anggota Komite Audit / Member of the Audit Committee

 Kewarganegaraan / Citizenship         Warga Negara Indonesia / Indonesian

 Domisili / Domicile                   Tangerang Selatan / South Tangerang

 Tempat dan Tanggal Lahir /            Bandung, 4 Oktober 1963 / Bandung, October 4 th, 1963
 Place and Date of Birth

 Usia / Age                            60 tahun / 60 years old

 Periode Menjabat / Term of            2021-2023 (Periode Pertama) / 2021-2023 (First Period)
 Office

 Dasar Hukum Penunjukan /              Surat Keputusan Dewan Komisaris PT KAI (Persero) Nomor SK-01/CH/DEKOM/I/2021
 Legal Basis of Appointment            tentang Pengangkatan Anggota Komite Audit PT KAI (Persero)/ PT KAI Board of
                                       Commissioners Decree Number SK-01/CH/DEKOM/I/2021 on Audit Committee Member
                                       Appointment

 Riwayat Pendidikan /                  S1 (Sarjana Ekonomi) Universitas Indonesia / Bachelor’s Degree in Economics from
 Educational Background                Universitas Indonesia

 Sertifikasi / Certification           • CIISA (International of Certified Information System Auditor) from AAFM – 2021
                                       • Certified in Audit Committee Practices from IKAI – 2017
                                       • Sertifikasi Manajemen Risiko Tingkat IV from BSMR/GARP – 2010 (last refreshed in 2016)
                                         / Risk Management Certification Grade IV from BSMR/GARP – 2010 (last refreshed in
                                         2016)

 Pengalaman Kerja / Employment         • Independent member of the Risk Monitoring Committee and Audit Committee, PT
 History                                 Bank JTrust Indonesia Tbk, 2016-2020/2019
                                       • Independent member of the Audit Committee and Risk Monitoring Committee, PT
                                         Rabobank International Indonesia, 2016-2018
                                       • TS (Treasury Services) Compliance and MLRO (Money Laundering Reporting Officer),
                                         JP Morgan Chase, NA – Jakarta Branch, 2013-2015
                                       • Head of Compliance, PT Bank Rabobank International Indonesia, 2010-2012
                                       • Internal Audit Manager, PT Bank Rabobank International Indonesia, 1998-2009

 Rangkap Jabatan / Concurrent          Kepala Satuan Pengawas Internal Universitas Indonesia (2020 - sekarang) / Head of
 Positions                             Internal Monitoring Unit, University of Indonesia (2020 - present)



                                                    ERNESTO
                               Anggota Komite Audit / Member of the Audit Committee

 Kewarganegaraan / Citizenship         Warga Negara Indonesia / Indonesian

 Domisili / Domicile                   Bandung

 Tempat dan Tanggal Lahir /            Bukittinggi, 7 Juni 1959 / Bukittinggi, June 7 th, 1959
 Place and Date of Birth

 Usia / Age                            64 tahun / 64 years old

 Periode Menjabat / Term of            2021-2023 (Periode Pertama) / 2021-2023 (First Period)
 Office




                          Laporan Tahunan dan Keberlanjutan
396                                                                                              PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 397
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




 Dasar Hukum Penunjukan /               Keputusan Dewan Komisaris PT. Kereta Api Indonesia Nomor: 01/CH/DEKOM/I/2021
 Legal Basis of Appointment             Tanggal 04 Januari 2021 Tentang Pengangkatan Anggota Komite Audit Periode 2021-2023
                                        / PT Kereta Api Indonesia Board of Commissioners Decree Nomor: 01/CH/DEKOM/I/2021
                                        dated January 4 th, 2021 on the Appointment of the 2021- 2023 Audit Committee Members

 Riwayat Pendidikan /                       • Sarjana Ekonomi Jurusan Akuntansi dari Sekolah Tinggi Ilmu Ekonomi Bandung (1987)
 Educational Background                       / Bachelor’s Degree in Economics, Accounting Study Program from Sekolah Tinggi
                                              Ilmu Ekonomi Bandung (1987)
                                            • Magister Manajemen Akuntansi dari Universitas Padjajaran Bandung (2001) / Master’s
                                              Degree in Accounting from Universitas Padjajaran Bandung (2001)

 Sertifikasi / Certification                • Self Mastery Development Program Training Wisma Bahtera Cipayung Tahun 2015 /
                                              Wisma Bahtera Cipayung Self Mastery Development Program Training in 2015
                                            • In House Training Bimbingan Teknik Auditing BPKP Jawa Barat Tahun 2013 / In House
                                              Training of Auditing Technical Guidelines by BPKP of West Java in 2013
                                            • Pelatihan Audit Kinerja PPA UNPAD Tahun 2002 / PPA UNPAD Performance Audit
                                              Training in 2022
                                            • Diklat Pengawasan Keuangan Negara Pusdiklat BPKP Tahun 1994 / BPKP Pusdiklat
                                              State Financial Supervision Training in 1994
                                            • Penataran Pemeriksaan Operasional PPA STAN Tahu 1994 / Upgrading of Operational
                                              Examination of PPA STAN in 1994
                                            • Diklat Komputer/EDP Audit Pusdiklat BPKP Tahun 1993 / Computer Training/EDP Audit
                                              Pusdiklat BPKP in 1993

 Pengalaman Kerja / Employment              • Kepala Satuan Pengawasan Intern PT PELNI (2014-2017) / Head of PT.PELNI Internal
 History                                      Control Unit (2014-2017)
                                            • Executive Vice President Internal Audit (2012-2014)
                                            • Vice President Revenue Verification (2009-2012)
                                            • Vice President Pajak, PSO, IMO dan TAC (2009-2009) / Vice President of Taxes, PSO,
                                              IMO and TAC (2009-2009)
                                            • Kepala Sub Direktorat Sediaan pada Direktorat Keuangan (2007-2009) / Head of Sub
                                              Directorate of Inventory at Directorate of Finance (2007-2009)
                                            • Kepala Bagian Administrasi dan SDM Divisi Sarana (2002-2007) / Head of
                                              Administration and Human Resources Division of Rolling Stock (2002-2007)

 Rangkap Jabatan / Concurrent           -
 Positions


INDEPENDENSI KOMITE AUDIT                                              AUDIT COMMITTEE INDEPENDENCE
Perseroan memastikan anggota Komite Audit di tahun                     The Company ensures the Audit Committee members
2023 telah memenuhi kriteria independensi sesuai                       in 2023 has fulfilled the prevailing requirements. The
peraturan yang berlaku. Pengungkapan pemenuhan                         disclosure of the independence criteria fulfilment is as
kriteria independensi tersebut adalah sebagai berikut:                 follows:


                                                                                                          Amalia
               Aspek Independensi                             Riza
                                                                           Rochadi       Johan Sirait     Setianti        Ernesto
               Independency Aspect                          Primadi
                                                                                                          Lestari

 Tidak memiliki hubungan keuangan dengan
 Dewan Komisaris dan Direksi / Has no financial
                                                               ✓               ✓              ✓              ✓               ✓
 affiliations with the Board of Commissioners and
 the Board of Directors

 Tidak memiliki hubungan kepengurusan di
 perusahaan, anak perusahaan, maupun
                                                               ✓               ✓              ✓              ✓               ✓
 perusahaan afiliasi / Has no managerial relations
 in the Company, Subsidiaries, or Affiliates.

 Tidak memiliki hubungan kepemilikan saham di
 perusahaan / Has no affiliations with the                     ✓               ✓              ✓              ✓               ✓
 Shareholders of the Company

 Tidak memiliki hubungan keluarga dengan
 Dewan Komisaris, Direksi, dan/atau sesama
 anggota Komite Audit / Has no familial
                                                               ✓               ✓              ✓              ✓               ✓
 affiliations with the Board of Commissioners,
 Board of Directors, and/or fellow Audit
 Committee member

 Tidak menjabat sebagai pengurus partai politik,
 pejabat dan pemerintah / Is not concurrent as an
                                                               ✓               ✓              ✓              ✓               ✓
 administrators of political parties, officials, and
 government




                                                                      Laporan Tahunan dan Keberlanjutan
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                                                                          Annual and Sustainability Report
Page 398
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




PENINGKATAN KOMPETENSI KOMITE AUDIT                               AUDIT COMMITTEE COMPETENCY
                                                                  DEVELOPMENT
Pada tahun 2023, anggota Komite Audit Perseroan                   In 2023, the Company’s Audit Committee member
mengikuti pelatihan dan/atau peningkatan kompetensi               participated  in   trainings     and/or competency
dengan perincian sebagai berikut:                                 developments with details as follows


                                           Jenis Pelatihan dan
      Nama              Jabatan              Materi Pelatihan         Waktu dan Tempat Pelaksanaan          Penyelenggara
      Name              Position          Types of Training and      Time and Place of Implementation         Organizer
                                            Training Materials

                                         GRC Professional           Hotel Gaia Bandung, 26 Oktober 2023    -Strategic
                   Ketua / Head of the
 Riza Primadi                            Advanced-Level             / Gaia Hotel Bandung, October 26 th,   Development
                   Committee
                                         Executive (GRCE)           2023                                   Group

                                                                                                           Ikatan Komite
                                         Certification in Audit     Hotel Manhattan Jakarta, 22-25         Audit Indonesia /
                                         Committee Practices        Agustus 2023 / Manhattan Hotel         Indonesian Audit
                                         batch 33                   Jakarta, August 22 nd-25 th, 2023      Committee
                                                                                                           Association

                                         GRC Professional           Hotel Gaia Bandung, 26 Oktober 2023    Strategic
 Rochadi           Anggota / Member      Advanced-Level             / Gaia Hotel Bandung, October 26 th,   Development
                                         Executive (GRCE)           2023                                   Group

                                                                                                           Ikatan Komite
                                         Certification in Audit     Hotel Manhattan Jakarta, 22-25         Audit Indonesia /
                                         Committee Practices        Agustus 2023 / Manhattan Hotel         Indonesian Audit
                                         batch 33                   Jakarta, August 22 nd-25 th, 2023      Committee
                                                                                                           Association

                                         GRC Professional           Hotel Gaia Bandung, 26 Oktober 2023    Strategic
 Amalia Setianti
                   Anggota / Member      Advanced-Level             / Gaia Hotel Bandung, October 26 th,   Development
 Lestari
                                         Executive (GRCE)           2023                                   Group

                                         GRC Professional           Hotel Gaia Bandung, 26 Oktober 2023    Strategic
                                         Advanced-Level             / Gaia Hotel Bandung, October 26 th,   Development
                                         Executive (GRCE)           2023                                   Group

 Ernesto           Anggota / Member                                                                        Ikatan Komite
                                         Certification in Audit     Hotel Manhattan Jakarta, 22-25         Audit Indonesia /
                                         Committee Practices        Agustus 2023 / Manhattan Hotel         Indonesian Audit
                                         batch 33                   Jakarta, August 22 nd-25 th, 2023      Committee
                                                                                                           Association


RAPAT KOMITE AUDIT                                                AUDIT COMMITTEE MEETING
Kebijakan Rapat Komite Audit                                      Audit Committee Meeting Policy
Sesuai Piagam Komite Audit, Perseroan menerapkan                  Referring to the Audit Committee Charter, the Company
kebijakan rapat bagi Komite Audit dengan perincian                implements the following meeting policy:
sebagai berikut:
  1. Frekuensi Rapat                                                1. Meeting Frequency
       a. Rapat reguler Komite Audit minimal diadakan                   a. The Audit Committee Regular Meetings are held
          sekali setiap 1 (satu) bulan, yang diadakan                      at least once in 1 (one) month, no later than 1
          paling lambat 1 (satu) minggu sebelum                            (one) week prior to the implementation of
          pelaksanaan rapat reguler Dewan Komisaris.                       Board of Commissioners regular meeting.
       b. Rapat reguler Komite Audit paling tidak harus                 b. The Audit Committee Regular Meetings shall
          dihadiri oleh 2/3 (dua per tiga) dari jumlah                     be attended by at least 2/3 (two-third) of the
          anggota Komite Audit.                                            Audit Committee members.
       c. Pengambilan keputusan harus disetujui oleh                    c. The decision made shall be approved by more
          lebih dari ½ (setengah) jumlah anggota                           than ½ (half) of the Audit Committee members.
          Komite Audit.
       d. Komite Audit dapat setiap saat mengadakan                     d. The Audit Committee can hold meetings
          rapat untuk membahas hal-hal yang dianggap                       anytime to discuss pressing matters outside the
          perlu dan atau mendesak di luar agenda rapat                     regular meetings agenda.
          reguler tersebut.
       e. Komite Audit dalam pengambilan keputusan                      e. Decision made by the Audit Committee shall
          harus mendasarkan pada prinsip musyawarah                        be in the basis of consensus deliberation
          untuk mufakat.                                                   principles.




                      Laporan Tahunan dan Keberlanjutan
398                                                                                         PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 399
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  2. Agenda Rapat Agenda setiap rapat harus ditetapkan                 2. Meeting Agenda Agenda of each meeting shall be
     dengan jelas dan didistribusikan kepada anggota                      clearly determined and distributed to the Audit
     Komite Audit sebelum pelaksanaan rapat.                              Committee members prior to the meeting
                                                                          implementation.
  3. Peserta Rapat Sesuai dengan wewenangnya, Komite                   3. Participants The Audit Committee is authorized to
     Audit dapat mengundang Satuan Pengawasan                             invite the Internal Audit Unit, public accountants/
     Intern, akuntan publik/ Auditor Eksternal, anggota                   External Auditors, members of the Board of
     Direksi, pejabat dan karyawan Perusahaan maupun                      Directors, officers and employees of the Company
     pihak-pihak lainnya yang dianggap perlu dan terkait                  as well as other parties deemed necessary and
     dengan agenda rapat yang hendak dibicarakan.                         related to the agenda of the meeting to be
                                                                          discussed.
  4. Notulen Rapat Setiap rapat harus dibuatkan                        4. Minutes of Meeting Minutes of each meeting must
     notulennya secara tertulis dan ditandatangani oleh                   be made in writing and signed by all members of
     seluruh anggota Komite Audit yang hadir                              the Audit Committee present.

Pelaksanaan Rapat Komite Audit                                      Implementation of Audit Committee Meetings
Pada tahun 2023, Komite Audit menyelenggarakan rapat                In 2023, the Audit Committee has held 16 (sixteen)
sejumlah 16 (enam belas) kali atau telah memenuhi                   meetings, or as required by the provisions in the Audit
jumlah rapat sesuai ketentuan di dalam Piagam Komite                Committee Charter. The disclosure of implementation
Audit. Pengungkapan mengenai tanggal pelaksanaan,                   date, agenda, and the participants of 2022 Audit
agenda, serta peserta rapat Komite Audit di tahun 2023              Committee meetings are as follows:
adalah sebagai berikut:

Tanggal, Agenda, dan Peserta Rapat Komite Audit                     Date, Agenda, and Participants of the Audit Committee
                                                                    Meeting

   Tanggal               Agenda Rapat                    Peserta Rapat              Kehadiran         Alasan Ketidakhadiran
    Date                Meeting Agenda                 Meeting Participants          Presence           Reason of Absence

 31 Januari       Pembahasan KAP General           Riza Primadi                   Hadir / Present                -
 2023 /           Audit Tahun Buku 2022
 January 31 st,   Tahap II / Discussion on the     Rochadi                        Hadir / Present                -
 2023             KAP General Audit for the
                  2022 Financial Year, Phase II    Johan Sirait                   Hadir / Present                -

                                                   Amalia Setianti Lestari        Hadir / Present                -

                                                   Ernesto                        Hadir / Present                -

 15 Februari      Pelaksanaan Program P3DN         Riza Primadi                   Hadir / Present                -
 2023 /           dan Pengawasannya /
 February         Implementation and               Rochadi                        Hadir / Present                -
 15 th, 2023      Supervision of the P3DN
                  Program                          Johan Sirait                    Tidak Hadir /      Mengikuti agenda lain /
                                                                                      Absent          Attending other agenda

                                                   Amalia Setianti Lestari        Hadir / Present                -

                                                   Ernesto                        Hadir / Present                -

 1 Maret 2023     Pembahasan Isu KAP RSM /         Riza Primadi                   Hadir / Present                -
 / March 1 st,    Discussion of KAP RSM Issues
 2023                                              Rochadi                        Hadir / Present                -

                                                   Johan Sirait                   Hadir / Present                -

                                                   Amalia Setianti Lestari        Hadir / Present                -

                                                   Ernesto                        Hadir / Present                -

 12 April 2023    Pembahasan surat usulan          Riza Primadi                   Hadir / Present                -
 / April 12 th,   Pendayagunaan Aset Jalan
 2023             Dupak, Surabaya / Discussion     Rochadi                        Hadir / Present                -
                  of the Proposal Letter for the
                  Utilization of Dupak Road        Johan Sirait                    Tidak Hadir /      Mengikuti agenda lain /
                  Assets, Surabaya                                                    Absent          Attending other agenda

                                                   Amalia Setianti Lestari        Hadir / Present                -

                                                   Ernesto                        Hadir / Present                -




                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  399
                                                                        Annual and Sustainability Report
Page 400
                                     Tata Kelola Perusahaan
                                     Good Corporate Governance




   Tanggal               Agenda Rapat                   Peserta Rapat          Kehadiran       Alasan Ketidakhadiran
    Date                Meeting Agenda                Meeting Participants      Presence         Reason of Absence

 7 Juni 2023 /    Pembahasan teknis kinerja       Riza Primadi               Hadir / Present              -
 June 7 th,       Audited 2022 dengan
 2023             KBUMN / Discussion of the       Rochadi                    Hadir / Present              -
                  technical performance of the
                  2022 Audit with KBUMN           Johan Sirait               Hadir / Present              -

                                                  Amalia Setianti Lestari    Hadir / Present              -

                                                  Ernesto                    Hadir / Present              -

 23 Agustus       1) Usulan kerjasama             Riza Primadi               Hadir / Present              -
 2023 /              Kertapati / Proposal for
 August 23 rd,       Collaboration with           Rochadi                    Hadir / Present              -
 2023                Kertapati
                  2) Usulan kerjasama Cibatu      Johan Sirait               Hadir / Present              -
                     Garut / Proposal for
                                                  Amalia Setianti Lestari    Hadir / Present              -
                     Collaboration with Cibatu
                     Garut                        Ernesto                    Hadir / Present              -
                  3) Usulan Penghapusbukuan
                     ATDO / Proposal for Write-
                     off of ATDO
                  4) Usulan kerjasama Kebun
                     Kawung / Proposal for
                     Collaboration with Kebun
                     Kawung

 8 September      Rapat Persiapan Rakor           Riza Primadi               Hadir / Present              -
 2023 /           Perlintasan Sebidang dan
 September        Diskusi Panel IMO TAC /         Rochadi                    Hadir / Present              -
 8 th, 2023       Preparation Meeting for
                  Crossings Coordination and      Johan Sirait               Hadir / Present              -
                  IMO TAC Panel Discussion
                                                  Amalia Setianti Lestari    Hadir / Present              -

                                                  Ernesto                    Hadir / Present              -

 13               Courtesy Meeting dengan         Riza Primadi               Hadir / Present              -
 September        Buro Happold, Tindak Lanjut
 2023 /           Kunjungan Dekom ke UK /         Rochadi                    Hadir / Present              -
 September        Courtesy Meeting with Buro
 13 th, 2023      Happold, Follow-up on the       Johan Sirait               Hadir / Present              -
                  Directors' Visit to the UK
                                                  Amalia Setianti Lestari    Hadir / Present              -

                                                  Ernesto                    Hadir / Present              -

 4 Oktober        Permohonan Persetujuan          Riza Primadi               Hadir / Present              -
 2023 /           Kerjasama Aset Ploso,
 October 4 th,    Madiun / Request for            Rochadi                    Hadir / Present              -
 2023             Approval of Cooperation for
                  Ploso, Madiun Asset             Johan Sirait                Tidak Hadir /    Mengikuti agenda lain /
                                                                                 Absent        Attending other agenda

                                                  Amalia Setianti Lestari    Hadir / Present              -

                                                  Ernesto                    Hadir / Present              -

 17 Oktober       Diskusi dengan LRT terkait      Riza Primadi               Hadir / Present              -
 2023 /           dengan Data Collection,
 October 17 th,   Jumlah Penumpang, Tarif,        Rochadi                     Tidak Hadir /    Mengikuti agenda lain /
 2023             dan lain-lain / Discussion                                     Absent        Attending other agenda
                  with LRT regarding Data
                  Collection, Number of           Johan Sirait               Hadir / Present              -
                  Passengers, Fares, and Other
                                                  Amalia Setianti Lestari    Hadir / Present              -
                  Matters
                                                  Ernesto                    Hadir / Present              -

 1 November       Pembahasan Kinerja UI/SPI       Riza Primadi               Hadir / Present              -
 2023 /           hingga TW III 2023 /
 November         Discussion on UI/SPI            Rochadi                    Hadir / Present              -
 1 st, 2023       Performance up to Q3 2023
                                                  Johan Sirait               Hadir / Present              -

                                                  Amalia Setianti Lestari    Hadir / Present              -

                                                  Ernesto                    Hadir / Present              -




                         Laporan Tahunan dan Keberlanjutan
400                                                                                     PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 401
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                      Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   Tanggal                  Agenda Rapat                    Peserta Rapat                 Kehadiran       Alasan Ketidakhadiran
    Date                   Meeting Agenda                 Meeting Participants             Presence         Reason of Absence

 29               Pembahasan RKAP 2024                Riza Primadi                      Hadir / Present              -
 November         dengan Deputi KMR KBUMN
 2023 /           / Discussion on RKAP 2024           Rochadi                           Hadir / Present              -
 November         with Deputy of KMR KBUMN
 29 th, 2023                                          Johan Sirait                      Hadir / Present              -

                                                      Amalia Setianti Lestari           Hadir / Present              -

                                                      Ernesto                           Hadir / Present              -

 12 Desember      Pembahasan Pra-LKP Tahap I          Riza Primadi                      Hadir / Present              -
 2023 /           RSM / Discussion on Pre-LKP
 December         Stage I RSM                         Rochadi                           Hadir / Present              -
 12 th, 2023
                                                      Johan Sirait                       Tidak Hadir /    Mengikuti agenda lain /
                                                                                            Absent        Attending other agenda

                                                      Amalia Setianti Lestari           Hadir / Present              -

                                                      Ernesto                           Hadir / Present              -

 15 Desember      Pembahasan LKP Tahap I              Riza Primadi                      Hadir / Present              -
 2023 /           RSM / Discussion on LKP
 December         Stage I RSM                         Rochadi                           Hadir / Present              -
 15 th, 2023
                                                      Johan Sirait                       Tidak Hadir /    Mengikuti agenda lain /
                                                                                            Absent        Attending other agenda

                                                      Amalia Setianti Lestari           Hadir / Present              -

                                                      Ernesto                           Hadir / Present              -

 15 Desember      Pembahasan PKT (Program             Riza Primadi                      Hadir / Present              -
 2023 /           Kerja Tahunan) Unit Internal
 December         Audit Tahun 2024 /                  Rochadi                           Hadir / Present              -
 15 th, 2023      Discussion on the 2024
                  Annual Work Program (PKT)           Johan Sirait                      Hadir / Present              -
                  for the Internal Audit Unit
                                                      Amalia Setianti Lestari           Hadir / Present              -

                                                      Ernesto                           Hadir / Present              -


Frekuensi dan Tingkat Kehadiran Rapat Komite Audit                     Meeting Frequency and Attendance Rate of the Audit
                                                                       Committee
Berikut ini frekuensi rapat dan tingkat kehadiran masing-              The frequency of meeting implementation and the
masing anggota Komite Audit di dalam pelaksanaan rapat                 attendance of each Audit Committee member in 2023
selama tahun 2023.                                                     can be viewed in the table below:


                Nama                     Jumlah Rapat                       Jumlah Kehadiran              Persentase Kehadiran
                Name                   Number of Meeting                     Total Attendance             Attendance Percentage

 Riza Primadi                                    16                                16                             100%

 Rochadi                                         16                                14                             88%

 Johan Sirait                                    16                                12                             75%

 Amalia Setianti Lestari                         16                                16                             100%

 Ernesto                                         16                                16                             100%




                                                                       Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                     401
                                                                           Annual and Sustainability Report
Page 402
                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




LAPORAN SINGKAT PELAKSANAAN                                  BRIEF REPORT ON THE AUDIT COMMITTEE
KEGIATAN KOMITE AUDIT TAHUN 2023                             ACTIVITIES IMPLEMENTATION
Selama tahun 2023, Komite Audit telah melaksanakan           In 2023, the Audit Committee has carried out the duties
tugas dan tanggung jawab sesuai ketentuan di dalam           and responsibilities in accordance with the provisions in
Piagam Komite Audit serta rencana kerja yang ditetapkan      the Audit Committee Charter and the work plan
pada awal tahun, mencakup:                                   determined from the beginning of the year are as follows:

  1. Tanggapan Dewan Komisaris Atas Usulan RKAP                1. Response of the Board of Commissioners to the
     2023.                                                        Proposed RKAP 2023.
  2. Evaluasi Program Kerja Tahunan SPI.                       2. Evaluation of the SPI Annual Work Program.
  3. Kinerja Triwulan SPI.                                     3. SPI Quarterly Performance.
  4. Pengelolaan dan pengusahaan aset non-produktif.           4. Management and exploitation of non-productive
                                                                  assets.
  5. Persiapan pengadaan KAP.                                  5. Preparation of KAP procurement.
  6. Evaluasi Kinerja Perusahaan.                              6. Company Performance Evaluation.
  7. Progress Transformasi Digital.                            7. Digital Transformation Progress.
  8. Progress pengembangan dan sertifikasi SDM di Unit         8. Progress of HC development and certification in
     Internal Audit.                                              the Internal Audit Unit.




                      Laporan Tahunan dan Keberlanjutan
402                                                                                  PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 403
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KOMITE NOMINASI DAN REMUNERASI
NOMINATION AND REMUNERATION COMMITTEE
Komite Nominasi dan Remunerasi merupakan organ               The Nomination and Remuneration Committee is a
pendukung Dewan Komisaris yang membantu Dewan                supporting organ of the Board of Commissioners that
Komisaris dalam melaksanakan fungsi nominasi dan             assists the Board of Commissioners in carrying out the
remunerasi bagi Perseroan, penugasan khusus dari             nomination and remuneration functions for the Company,
Dewan Komisaris, serta tugas-tugas lain yang tercantum       special assignments from the Board of Commissioners,
dalam Piagam Komite. Pembentukan Komite Nominasi             as well as other tasks listed in the Committee Charter.
dan Remunerasi merupakan bagian yang tidak                   The establishment of the Nomination and Remuneration
terpisahkan dari upaya Perseroan untuk memastikan            Committee is an integral part of the Company's efforts
efektivitas fungsi nominasi dan remunerasi, serta            to ensure the effectiveness of the nomination and
pelaksanakan prinsip tata kelola perusahaan yang baik.       remuneration functions, as well as the implementation
                                                             of good corporate governance principles.

PIAGAM KOMITE NOMINASI DAN                                   NOMINATION AND REMUNERATION
REMUNERASI                                                   COMMITTEE CHARTER
Komite Nominasi dan Remunerasi memiliki Piagam               The Nomination and Remuneration Committee has a
Komite yang mengatur organisasi, keanggotaan,                Committee Charter that regulates the organization,
pedoman perilaku, fungsi, tugas, kewenangan dan              membership, code of conduct, functions, duties, authorities
tanggung jawab, serta mekanisme kerja komite. Piagam         and responsibilities, as well as the working mechanism
Komite   Nominasi     dan   Remunerasi     ditetapkan        of the committee. The Nomination and Remuneration
berdasarkan Keputusan Dewan Komisaris Nomor 05/CH/           Committee Charter is stipulated based on the Decree of
DEKOM/ III/2021 tanggal 10 Maret 2021 tentang Piagam         the Board of Commissioners Number 05/CH/DEKOM/ III/
Komite Nominasi dan Remunerasi PT KAI (Persero).             2021 dated March 10 th, 2021 concerning the Nomination
                                                             and Remuneration Committee Charter of PT KAI (Persero).

TUGAS DAN TANGGUNG JAWAB KOMITE                              DUTIES AND RESPONSIBILITIES OF THE
NOMINASI DAN REMUNERASI                                      NOMINATION AND REMUNERATION
                                                             COMMITTEE
Perseroan menetapkan tugas dan tanggung jawab                The Company sets out the duties and responsibilities of
Komite Nominasi dan Remunerasi dengan mengacu pada           the Nomination and Remuneration Committee with
peraturan dan standar yang berlaku, mencakup Peraturan       reference to the prevailing regulations and standards,
Otoritas Jasa Keuangan Nomor 34/ POJK.04/2014 tanggal        including the Financial Services Authority Regulation
18 Desember 2014, dengan perincian sebagai berikut:          No. 34/POJK.04/2014 dated December 18 th, 2014, with
                                                             details as follows:

  1. Fungsi Nominasi                                            1. Nomination Function
      a. Menyusun komposisi dan proses Nominasi                     a. Develop the composition and process of
         anggota Direksi dan/atau anggota Dewan                        Nomination of members of the Board of
         Komisaris.                                                    Directors and/or members of the Board of
                                                                       Commissioners.
       b. Menyusun kebijakan dan kriteria yang                      b. Develop policies and criteria required in the
          dibutuhkan dalam proses Nominasi calon                       Nomination process of candidates for members
          anggota Direksi dan/ atau anggota Dewan                      of the Board of Directors and/or members of
          Komisaris.                                                   the Board of Commissioners.
       c. Membantu pelaksanaan evaluasi atas kinerja                c. Assist in the evaluation of the performance of
          anggota Direksi dan/atau anggota Dewan                       members of the Board of Directors and/or
          Komisaris.                                                   members of the Board of Commissioners.
       d. Menyusun      program      pengembangan                   d. Develop a capacity building program for
          kemampuan anggota Direksi dan/atau anggota                   members of the Board of Directors and/or
          Dewan Komisaris.                                             members of the Board of Commissioners.
       e. Menelaah dan mengusulkan calon yang                       e. Review and propose candidates who qualify as
          memenuhi syarat sebagai anggota Direksi dan/                 members of the Board of Directors and/or
          atau anggota Dewan Komisaris kepada Dewan                    members of the Board of Commissioners to the
          Komisaris untuk disampaikan kepada RUPS                      Board of Commissioners to be submitted to the
                                                                       GMS.




                                                            Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                            403
                                                                Annual and Sustainability Report
Page 404
                                      Tata Kelola Perusahaan
                                      Good Corporate Governance




  2. Fungsi Remunerasi                                                  2. Remuneration Function
      a. Menyusun struktur Remunerasi bagi anggota                          a. Develop a remuneration structure for members
         Direksi dan/atau anggota Dewan Komisaris,                             of the Board of Directors and/or members of
         berupa:                                                               the Board of Commissioners, in the form of:
          •   Gaji                                                              •   Salary
          •   Honorarium                                                        •   Honorarium
          •   lnsentif                                                          •   lncentives
          •   Tunjangan yang bersifat tetap dan/atau                            •   Fixed and/or variable allowances.
              variabel.
      b. Menyusun kebijakan atas Remunerasi bagi                           b. Develop policies on Remuneration for members
         anggota Direksi dan/atau anggota Dewan                               of the Board of Directors and/or members of
         Komisaris.                                                           the Board of Commissioners.
      c. Menyusun besaran atas Remunerasi bagi                             c. Prepare the amount of remuneration for
         anggota Direksi dan/atau anggota Dewan                               members of the Board of Directors and/or
         Komisaris.                                                           members of the Board of Commissioners.

STRUKTUR, KEANGGOTAAN, DAN KEAHLIAN                                STRUCTURE, MEMBERSHIP, AND EXPERTISE
KOMITE NOMINASI DAN REMUNERASI                                     OF THE NOMINATION AND REMUNERATION
                                                                   COMMITTEE
Struktur, keanggotaan, dan latar belakang keahlian                 The structure, membership and expertise background
anggota Komite Nominasi dan Remunerasi Perseroan                   of the members of the Company's Nomination and
adalah sebagai berikut:                                            Remuneration Committee are as follows:

                   Nama                                      Jabatan                                    Keahlian
                   Name                                      Position                                     Skill

 Said Aqil Siroj                             Ketua KNR / KNR Chairman                   Manajemen / Management

 Diah Natalisa                               Anggota KNR / KNR member                   Manajemen / Management

 Sri Paduka Mangkoenagoro X                  Anggota KNR / KNR member                   Hukum / Law

 Corina D Riantoputro                        Anggota KNR / KNR member                   Psikologi / Psychology


PROFIL KOMITE NOMINASI DAN                                         PROFILE OF THE NOMINATION AND
REMUNERASI                                                         REMUNERATION COMMITTEE
Profil anggota Komite Nominasi dan Remunerasi                      The profile of the members of the Company's Nomination
Perseroan di tahun 2023 adalah sebagai berikut:                    and Remuneration Committee in 2023 is as follows:

                                           SAID AQIL SIROJ
        Ketua Komite Nominasi dan Remunerasi / Head of the Nomination and Remuneration Committee

  Profil Said Aqil Siroj sebagai ketua Komite Nominasi dan Remunerasi telah disajikan pada bab Profil Perusahaan bagian Profil
      Anggota Dewan Komisaris. / Said Aqil Siroj’s Profile as the Head of Audit Committee is presented in the Company Profile
                                        chapter, Board of Commissioners Members Section



                                            DIAH NATALISA
      Anggota Komite Nominasi dan Remunerasi / Member of the Nomination and Remuneration Committee

  Profil Diah Natalisa sebagai ketua Komite Nominasi dan Remunerasi telah disajikan pada bab Profil Perusahaan bagian Profil
      Anggota Dewan Komisaris. / Diah Natalisa’s Profile as the Head of Audit Committee is presented in the Company Profile
                                        chapter, Board of Commissioners Members Section



                                    SRI PADUKA MANGKOENAGORO X
      Anggota Komite Nominasi dan Remunerasi / Member of the Nomination and Remuneration Committee

        Profil Sri Paduka Mangkoenagoro X sebagai ketua Komite Nominasi dan Remunerasi telah disajikan pada bab Profil
  Perusahaan bagian Profil Anggota Dewan Komisaris. / Sri Paduka Mangkoenagoro X Profile as the Head of Audit Committee is
                       presented in the Company Profile chapter, Board of Commissioners Members Section




                          Laporan Tahunan dan Keberlanjutan
404                                                                                           PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 405
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                     CORINA D. RIANTOPUTRA
    Anggota Komite Nominasi dan Remunerasi / Member of the Nomination and Remuneration Committee

 Kewarganegaraan / Citizenship      Warga Negara Indonesia / Indonesian

 Domisili / Domicile                Tangerang Selatan / South Tangerang

 Tempat dan Tanggal Lahir /         Bandung, 14 Oktober 1967 / Bandung, October 14 th, 1967
 Place and Date of Birth

 Usia / Age                         56 tahun / 56 years old

 Periode Menjabat / Term of         2020-2023 (Periode Pertama) / 2020-2023 (First Period)
 Office

 Dasar Hukum Penunjukan /           Keputusan Dewan Komisaris PT KAI Nomor 44/CH/DEKOM/ VI/2020 tentang
 Legal Basis of Appointment         Pengangkatan Anggota Komite Nominasi dan Remunerasi periode 2020-2023 / PT KAI
                                    Board of Commissioners Decree Nomor 44/CH/ DEKOM/ VI/2020 on 2020-2023
                                    Nomination and Remuneration Committee Member Appointment

 Riwayat Pendidikan /                   • S1: Psikologi Universitas Indonesia (1992) / Bachelor’s Degree in Psychology from
 Educational Background                   Universitas Indonesia (1992)
                                        • S2: Organizational Study, University of New South Wales – Australia (2000) / Master’s
                                          Degree in Organizational Study from University of New South Wales – Australia (2000)
                                        • S3: Organizational Behavior, University of New South Wales – Australia (2010) /
                                          Doctorate in Organizational Behavior, University of New South Wales – Australia (2010)

 Sertifikasi / Certification        -

 Pengalaman Kerja / Employment          • Specially Appointed Professor – Institute for Global Leadership - Ochanomizu
 History                                  University Jepang (Oktober 2021 - Februari 2022) / Specially Appointed Professor –
                                          Institute for Global Leadership - Ochanomizu University of Japan (October 2021 -
                                          February 2022)
                                        • Sekretaris Majelis Wali Amanat UI (2021-2024) / Secretary of the Board of Trustees at
                                          University of Indonesia (2021-2024)
                                        • Anggota Majelis Wali Amanat UI (2019-2024), (2012-2014) / Member of the Board of
                                          Trustees at University of Indonesia (2019-2024, 2012-2014)
                                        • Wakil Dekan bidang Pengelolaan SDM dan Keuangan Fakultas Psikologi UI (2014-2018)
                                          / Vice Dean for Human Resources and Finance at the Faculty of Psychology, University
                                          of Indonesia (2014-2018)
                                        • Ketua bidang Riset dan Pengembangan Ilmu – Asosiasi Psikologi Industri dan
                                          Organisasi (2019-2022) / Chair of the Research and Development Division – Association
                                          of Industrial and Organizational Psychology (2019-2022)
                                        • Anggota Board Editor – Human Resource Development Review / Member of Board
                                          Editor – Human Resource Development Review
                                        • Anggota tim riset GLOBE (Global Leadership and Organizational Behavior
                                          Effectiveness) (2020-2021) / Member of GLOBE (Global Leadership and Organizational
                                          Behavior Effectiveness) Research Team (2020-2021)
                                        • Anggota tim riset Global Work Design (2018-2019) / Member of Global Work Design
                                          Research Team (2018-2019)
                                        • Ketua tim National Capacity Building – SKK Migas (2013-2014) / Leader of National
                                          Capacity Building Team – SKK Migas (2013-2014)
                                        • Dosen Fakultas Psikologi UI – (1992 - Sekarang) / Lecturer at Faculty of Psychology UI –
                                          (1992 - Present)

 Rangkap Jabatan / Concurrent       1. Sekretaris Majelis Wali Amanat Universitas Indonesia / Secretary of the University
 Positions                             Board (Majelis Wali Amanah/MWA), Universitas Indonesia
                                    2. Anggota editorial Board, jurnal internasional Human Resource Development Review,
                                       2020 - 2024 / Member of Editorial Board, international Journal of Human Resource
                                       Development Review, 2020 - 2024


INDEPENDENSI KOMITE NOMINASI DAN                                   INDEPENDENCE OF THE NOMINATION AND
REMUNERASI                                                         REMUNERATION COMMITTEE
Perseroan memastikan anggota Komite Nominasi dan                   The Company ensures that members of the Nomination
Remunerasi di tahun 2023 telah memenuhi kriteria                   and Remuneration Committee in 2023 have met the
independensi sesuai peraturan yang berlaku. Berikut ini            independence criteria in accordance with applicable
pengungkapan pemenuhan kriteria independensi                       regulations. The following is a disclosure of the fulfillment
tersebut.                                                          of these independence criteria.




                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                    405
                                                                       Annual and Sustainability Report
Page 406
                                         Tata Kelola Perusahaan
                                         Good Corporate Governance




                                                                                                             Sri Paduka
                           Aspek Independensi                                       Said Aqil    Diah                         Corina D.
                                                                                                           Mangkoenagoro
                           Independency Aspect                                        Siroj     Natalisa                     Riantoputra
                                                                                                                  X

 Tidak memiliki hubungan keuangan dengan Dewan Komisaris dan Direksi
 / Has no financial affiliations with the Board of Commissioners and the               ✓           ✓            ✓                 ✓
 Board of Directors

 Tidak memiliki hubungan kepengurusan di perusahaan, anak perusahaan,
 maupun perusahaan afiliasi / Has no managerial relations in the Company,              ✓           ✓            ✓                 ✓
 Subsidiaries, or Affiliates.

 Tidak memiliki hubungan kepemilikan saham di perusahaan / Has no
                                                                                       ✓           ✓            ✓                 ✓
 affiliations with the Shareholders of the Company

 Tidak memiliki hubungan keluarga dengan Dewan Komisaris, Direksi,
 dan/atau sesama anggota Komite Audit / Has no familial affiliations with
                                                                                       ✓           ✓            ✓                 ✓
 the Board of Commissioners, Board of Directors, and/or fellow Audit
 Committee member

 Tidak menjabat sebagai pengurus partai politik, pejabat dan pemerintah
 / Is not concurrent as an administrators of political parties, officials, and         ✓           ✓            ✓                 ✓
 government


PELATIHAN DAN/ATAU PENINGKATAN                                              TRAINING AND/OR IMPROVING THE
KOMPETENSI KOMITE NOMINASI DAN                                              COMPETENCY OF THE NOMINATION AND
REMUNERASI                                                                  REMUNERATION COMMITTEE
Pada tahun 2023, Perseroan telah melaksanakan pelatihan                     In 2023, the Company has carried out training and/or
dan/atau peningkatan kompetensi anggota Komite                              increased the competency of the Nomination and
Nominasi dan Remunerasi sebagai berikut:                                    Remuneration Committee members as follows:

                                                     Jenis Pelatihan dan
      Nama                   Jabatan                   Materi Pelatihan            Waktu dan Tempat Pelaksanaan           Penyelenggara
      Name                   Position               Types of Training and         Time and Place of Implementation          Organizer
                                                      Training Materials

                      Ketua KNR / KNR           -                             -                                       -
 Said Aqil Siroj
                      Chairman

                                                Compensation                  Kampus Harvard Bussines School, 8-11    Harvard
                                                Committees                    November 2023 / Harvard Business        Bussiness School
                                                                              School, November 8 th-11 th, 2023
                      Anggota KNR / KNR
 Diah Natalisa
                      member                    Making Corporate              Kampus Harvard Bussines School, 12-     Harvard
                                                Board Effective               14 November 2023 / Harvard Business     Bussiness School
                                                                              School, November 12 th-14 th, 2023


                                                Compensation                  Kampus Harvard Bussines School, 8-11    Harvard
                                                Committees                    November 2023 / Harvard Business        Bussiness School
                                                                              School, November 8 th-11 th, 2023
 Sri Paduka
                      Anggota KNR / KNR
 Mangkoenagoro
                      member                    Making Corporate              Kampus Harvard Bussines School, 12-     Harvard
 X
                                                Board Effective               14 November 2023 / Harvard Business     Bussiness School
                                                                              School, November 12 th-14 th, 2023


 Corina D             Anggota KNR / KNR         -                             -                                       -
 Riantoputro          member


RAPAT KOMITE NOMINASI DAN                                                   NOMINATION AND REMUNERATION
REMUNERASI                                                                  COMMITTEE MEETING
Kebijakan Rapat Komite Nominasi dan Remunerasi                              Nomination and Remuneration Committee Meeting
                                                                            Policy
Sesuai Piagam Komite, Perseroan menerapkan kebijakan                        In accordance with the Committee Charter, the
rapat Komite Nominasi dan Remunerasi dengan uraian                          Company implements the Nomination and Remuneration
sebagai berikut:                                                            Committee meeting policy with the following description:
   1. Frekuensi Rapat                                                         1. Meeting Frequency
       a. Rapat Komite Nominasi dan Remunerasi                                     a. Nomination and Remuneration Committee
          diadakan sesuai dengan kebutuhan.                                           meetings are held as needed.




                           Laporan Tahunan dan Keberlanjutan
406                                                                                                    PT Kereta Api Indonesia (Persero)
                             Annual and Sustainability Report
Page 407
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       b. Rapat Komite Nominasi dan Remunerasi paling                    b. Nomination and Remuneration Committee
          tidak harus dihadiri oleh 2/3 (dua pertiga) dari                  meeting must be attended by at least 2/3 (two-
          jumlah anggota Komite Nominasi dan                                thirds) of the total members of the Nomination
          Remunerasi.                                                       and Remuneration Committee.
       c. Pengambilan keputusan harus disetujui oleh                     c. Decision making must be approved by more
          lebih dari ½ (setengah) jumlah anggota                            than ½ (half) of the members of the
          Komite Nominasi dan Remunerasi.                                   Nomination and Remuneration Committee.
       d. Komite Nominasi dan Remunerasi dalam                           d. The Nomination and Remuneration Committee
          pengambilan keputusan harus mendasarkan                           in making decisions must be based on the
          pada prinsip musyawarah untuk mufakat.                            principle of deliberation to reach consensus.
  2. Agenda Rapat                                                   2. Meeting Agenda
     Agenda setiap rapat harus ditetapkan dengan jelas                 The agenda for each meeting must be clearly
     dan didistribusikan kepada anggota Komite                         determined and distributed to members of the
     Nominasi dan Remunerasi sebelum pelaksanaan                       Nomination and Remuneration Committee before
     rapat.                                                            the meeting is held.
  3. Peserta Rapat                                                  3. Meeting Participants
     Sesuai dengan wewenangnya, Komite Nominasi dan                    In accordance with its authority, the Nomination
     Remunerasi dapat mengundang anggota Direksi,                      and Remuneration Committee may invite members
     pejabat dan karyawan Perusahaan maupun pihak-                     of the Board of Directors, officers and employees
     pihak lainnya yang dianggap perlu dan terkait                     of the Company as well as other parties deemed
     dengan agenda rapat yang hendak dibicarakan.                      necessary and related to the meeting agenda to
                                                                       be discussed.
  4. Notulen Rapat                                                  4. Minutes of Meeting
     Setiap rapat harus dibuatkan notulennya secara                    Minutes must be taken of each meeting in writing
     tertulis dan ditandatangani oleh seluruh anggota                  and signed by all members of the Nomination and
     Komite Nominasi dan Remunerasi yang hadir.                        Remuneration Committee present.

Pelaksanaan Rapat Komite Nominasi dan Remunerasi                 Implementation of Nomination and Remuneration
                                                                 Committee Meetings
Selama tahun 2023, Komite Nominasi dan Remunerasi                During 2023, the Nomination and Remuneration
menyelenggarakan rapat sejumlah 16 kali, atau telah              Committee held meetings 16 times, or has fulfilled the
memenuhi jumlah pelaksanaan rapat sesuai ketentuan               number of meetings in accordance with the provisions
di dalam Piagam Komite.                                          in the Committee Charter.

Perincian tanggal pelaksanaan, agenda, serta peserta             Details of the implementation date, agenda, and
rapat Komite Nominasi dan Remunerasi pada tahun 2023             participants of the Nomination and Remuneration
dapat dilihat melalui tabel berikut ini.                         Committee meeting in 2023 can be seen in the following
                                                                 table.


   Tanggal              Agenda Rapat                 Peserta Rapat               Kehadiran        Alasan Ketidakhadiran
    Date               Meeting Agenda              Meeting Participants           Presence          Reason of Absence

 16 Januari       Pembahasan Pelaksana         Said Aqil Siroj                 Hadir / Present               -
 2023 /           Tugas (PLT) serta Program
 January 16 th,   Talent Perempuan Th 2023 /   Diah Natalisa                   Hadir / Present               -
 2023             Discussion of the
                  Implementing Task Force      Sri Paduka Mangkoenagoro X      Hadir / Present               -
                  (PLT) and the 2023 Women's
                                               Corina D Riantoputro            Hadir / Present               -
                  Talent Program
                                               Direksi dan Tim / Directors     Hadir / Present               -
                                               and Team

 30 Januari       Pembahasan penerapan Job     Said Aqil Siroj                 Hadir / Present               -
 2023 /           Grading dan system
 January 30 th,   Remunerasi yang baru /       Diah Natalisa                   Hadir / Present               -
 2023             Discussion of the
                  implementation of Job        Sri Paduka Mangkoenagoro X      Hadir / Present               -
                  Grading and the new
                                               Corina D Riantoputro            Hadir / Present               -
                  Remuneration system
                                               Direksi dan Tim / Directors     Hadir / Present
                                               and Team




                                                                 Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              407
                                                                     Annual and Sustainability Report
Page 408
                                      Tata Kelola Perusahaan
                                      Good Corporate Governance




   Tanggal               Agenda Rapat                    Peserta Rapat             Kehadiran        Alasan Ketidakhadiran
    Date                Meeting Agenda                 Meeting Participants         Presence          Reason of Absence

 20 Februari      Pembahasan Nominated             Said Aqil Siroj               Hadir / Present              -
 2023 /           Talent KAI / Discussion of KAI
 February         Nominated Talent                 Diah Natalisa                 Hadir / Present              -
 20 th, 2023
                                                   Sri Paduka Mangkoenagoro X    Hadir / Present              -

                                                   Corina D Riantoputro          Hadir / Present              -

                                                   Direksi dan Tim / Directors   Hadir / Present              -
                                                   and Team

 2 Maret 2023     Pembahasan Program               Said Aqil Siroj               Hadir / Present              -
 / March 2 nd,    Pengembangan BOD /
 2023             Discussion of the BOD            Diah Natalisa                  Tidak Hadir /     Mengikuti Agenda Lain /
                  Development Program                                             Not Present      Attending Another Agenda

                                                   Sri Paduka Mangkoenagoro X    Hadir / Present              -

                                                   Corina D Riantoputro          Hadir / Present              -

                                                   Direksi dan Tim / Directors   Hadir / Present              -
                                                   and Team

 4 April 2023 /   Pembahasan Perencanaan           Said Aqil Siroj               Hadir / Present              -
 April 4 th,      KPI Direksi secara Individual
 2023             Tahun 2023 / Discussion of       Diah Natalisa                 Hadir / Present              -
                  Individual Directors' KPI
                  Planning for 2023                Sri Paduka Mangkoenagoro X     Tidak Hadir /     Mengikuti Agenda Lain /
                                                                                  Not Present      Attending Another Agenda

                                                   Corina D Riantoputro          Hadir / Present              -

                                                   Direksi dan Tim / Directors   Hadir / Present              -
                                                   and Team

 8 Mei 2023 /     Rapat Internal KNR –             Said Aqil Siroj               Hadir / Present              -
 May 8 th, 2023   Pembahasan Transformasi
                  Digital / KNR Internal           Diah Natalisa                 Hadir / Present              -
                  Meeting – Discussion of
                  Digital Transformation           Sri Paduka Mangkoenagoro X    Hadir / Present              -

                                                   Corina D Riantoputro          Hadir / Present              -

 5 Juni 2023 /    Pembahasan Update                Said Aqil Siroj               Hadir / Present              -
 June 5 th,       Transformasi Digital /
 2023             Discussion of Digital            Diah Natalisa                 Hadir / Present              -
                  Transformation Update
                                                   Sri Paduka Mangkoenagoro X    Hadir / Present              -

                                                   Corina D Riantoputro          Hadir / Present              -

                                                   Direksi dan Tim / Directors   Hadir / Present              -
                                                   and Team

 12 Juni 2023 /   Pembahasan Implementasi          Said Aqil Siroj               Hadir / Present              -
 June 12 th,      dan progress Re-valuasi
 2023             Tingkat Jabatan di PT KAI /      Diah Natalisa                 Hadir / Present              -
                  Discussion of the
                  Implementation and               Sri Paduka Mangkoenagoro X    Hadir / Present              -
                  progress of Position Level Re-
                                                   Corina D Riantoputro          Hadir / Present              -
                  valuation at PT KAI
                                                   Direksi dan Tim / Directors   Hadir / Present              -
                                                   and Team

 22 Juni 2023     Kunjungan KNR ke Surabaya        Said Aqil Siroj                Tidak Hadir /     Mengikuti Agenda Lain /
 / June 22 nd,    / KNR visit to Surabaya                                         Not Present      Attending Another Agenda
 2023
                                                   Diah Natalisa                 Hadir / Present              -

                                                   Sri Paduka Mangkoenagoro X    Hadir / Present              -

                                                   Corina D Riantoputro          Hadir / Present              -

                                                   Direksi dan Tim / Directors   Hadir / Present              -
                                                   and Team




                         Laporan Tahunan dan Keberlanjutan
408                                                                                         PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 409
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   Tanggal                Agenda Rapat                   Peserta Rapat               Kehadiran        Alasan Ketidakhadiran
    Date                 Meeting Agenda                Meeting Participants           Presence          Reason of Absence

 3 Juli 2023 /     Pembahasan Progres KAI          Said Aqil Siroj                  Tidak Hadir /     Mengikuti Agenda Lain /
 July 3 rd, 2023   Corporate University ke KNR                                      Not Present      Attending Another Agenda
                   Dekom / Discussion of the
                   Progress of KAI Corporate       Diah Natalisa                   Hadir / Present
                   University to KNR Dekom
                                                   Sri Paduka Mangkoenagoro X      Hadir / Present

                                                   Corina D Riantoputro            Hadir / Present

                                                   Direksi dan Tim / Directors     Hadir / Present
                                                   and Team

 14 Agustus        Kunjungan ke Aceh / Visit to    Said Aqil Siroj                 Hadir / Present               -
 2023 /            Aceh
 August 14 th,                                     Diah Natalisa                   Hadir / Present               -
 2023
                                                   Sri Paduka Mangkoenagoro X      Hadir / Present               -

                                                   Corina D Riantoputro            Hadir / Present               -

                                                   Direksi dan Tim / Directors     Hadir / Present               -
                                                   and Team

 28 Agustus        Pembahasan Karyawan KAI         Said Aqil Siroj                 Hadir / Present               -
 2023 /            yang diduga terlibat
 August 28 th,     terorisme / Discussion of KAI   Diah Natalisa                   Hadir / Present               -
 2023              employees suspected of
                   being involved in terrorism     Sri Paduka Mangkoenagoro X      Hadir / Present               -

                                                   Corina D Riantoputro            Hadir / Present               -

                                                   Direksi dan Tim / Directors     Hadir / Present               -
                                                   and Team

 18                Pembahasan                      Said Aqil Siroj                 Hadir / Present               -
 September         Pengembangan dan Proyeksi
 2023 /            Nominated Talent /              Diah Natalisa                   Hadir / Present               -
 September         Discussion of Nominated
 18 th, 2023       Talent Development and          Sri Paduka Mangkoenagoro X      Hadir / Present               -
                   Projections
                                                   Corina D Riantoputro            Hadir / Present               -

                                                   Direksi dan Tim / Directors     Hadir / Present               -
                                                   and Team

 3 Oktober         Pembahasan Program              Said Aqil Siroj                  Tidak Hadir /     Mengikuti Agenda Lain /
 2023 /            Pengembangan BoD-1, BoD                                          Not Present      Attending Another Agenda
 October 3 rd,     dan BoC / Discussion of BoD-
 2023              1, BoD and BoC Development      Diah Natalisa                    Tidak Hadir /     Mengikuti Agenda Lain /
                   Programs                                                         Not Present      Attending Another Agenda

                                                   Sri Paduka Mangkoenagoro X      Hadir / Present               -

                                                   Corina D Riantoputro            Hadir / Present               -

                                                   Direksi dan Tim / Directors     Hadir / Present               -
                                                   and Team

 10 Oktober        Pembahasan karyawan yang        Said Aqil Siroj                 Hadir / Present               -
 2023 /            tidak bijaksana ber-sosial
 October 10 th,    media / Discussion of           Diah Natalisa                   Hadir / Present               -
 2023              employees who are not wise
                   on social media                 Sri Paduka Mangkoenagoro X      Hadir / Present               -

                                                   Corina D Riantoputro            Hadir / Present               -

                                                   Direksi dan Tim / Directors     Hadir / Present               -
                                                   and Team




                                                                     Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  409
                                                                         Annual and Sustainability Report
Page 410
                                        Tata Kelola Perusahaan
                                        Good Corporate Governance




   Tanggal                Agenda Rapat                         Peserta Rapat                  Kehadiran       Alasan Ketidakhadiran
    Date                 Meeting Agenda                      Meeting Participants              Presence         Reason of Absence

 18 Oktober        Presentasi kepada Staf Ahli           Said Aqil Siroj                    Hadir / Present              -
 2023 /            Komisaris KAI (Prof. Dra.
 October 18 th,    Corina D. S. Riantoputra,
 2023              M.Com, Ph.D / Presentation            Diah Natalisa                      Hadir / Present              -
                   to the Expert Staff of the KAI
                   Commissioner (Prof. Dra.              Sri Paduka Mangkoenagoro X         Hadir / Present              -
                   Corina D. S. Riantoputra,
                                                         Corina D Riantoputro               Hadir / Present              -
                   M.Com, Ph.D
                                                         Direksi dan Tim / Directors        Hadir / Present              -
                                                         and Team


Frekuensi dan Tingkat Kehadiran Rapat Komite                               Frequency and Attendance Level of Nomination and
Nominasi dan Remunerasi                                                    Remuneration Committee Meetings

Berikut ini frekuensi rapat dan tingkat kehadiran masing-                  The following is the frequency of meetings and the level
masing anggota Komite Nominasi dan Remunerasi di                           of attendance of each member of the Nomination and
dalam pelaksanaan rapat selama tahun 2023.                                 Remuneration Committee at meetings during 2023.


              Nama                         Jumlah Rapat                         Jumlah Kehadiran              Persentase Kehadiran
              Name                       Number of Meeting                       Total Attendance             Attendance Percentage

 Said Aqil Siroj                                    16                                 13                              81%

 Diah Natalisa                                      16                                 14                              88%

 Sri Paduka Mangkoenagoro X                         16                                 15                              94%

 Corina D Riantoputro                               16                                 16                             100%


LAPORAN SINGKAT PELAKSANAAN                                                BRIEF REPORT ON THE IMPLEMENTATION
KEGIATAN KOMITE NOMINASI DAN                                               OF NOMINATION AND REMUNERATION
REMUNERASI TAHUN 2023                                                      COMMITTEE ACTIVITIES IN 2023
Pada tahun 2023, Komite Nominasi dan Remunerasi telah                      In 2023, the Nomination and Remuneration Committee
melaksanakan tugas dan tanggung jawab sesuai ketentuan                     has carried out its duties and responsibilities in
di dalam Piagam Komite, rencana kerja, serta ketentuan                     accordance with the provisions in the Committee Charter,
di dalam Peraturan Otoritas Jasa Keuangan Nomor: 34/                       work plan, and provisions in the Financial Services Authority
POJK.04/2014 tanggal 18 Desember 2014 tentang Komite                       Regulation Number: 34/POJK.04/2014 dated December
Nominasi dan Remunerasi Emiten atau Perusahaan                             18th, 2014 concerning the Nomination and Remuneration
Publik. Pelaksanaan kegiatan Komite Nominasi dan                           Committee of Issuers or Public Companies. The
Remunerasi tahun 2023 adalah sebagai berikut:                              implementation of the Nomination and Remuneration
                                                                           Committee activities in 2023 is as follows:

  1. Menyusun kebijakan dan kriteria yang dibutuhkan                         1. Develop the policies and criteria needed for the
     dalam proses Nominasi calon Anggota Direksi, yaitu                         nomination process of Director candidates, namely
     Direktur Operasional, dan Direktur Sarana. Selain                          the Operational Director and the Rolling Stock
     menyusun sistem yang lebih baik, KNR juga                                  Director. In addition to creating a better system,
     memperlengkapi Dewan Komisaris dengan Panduan                              KNR also provided the Board of Commissioners with
     untuk melakukan Competency-Based Interview,                                guidelines for conducting Competency-Based
     sehingga wawancara yang dilakukan bisa benar-                              Interviews, ensuring that the interviews accurately
     benar mampu mengukur kompetensi dari kandidat,                             assess the competencies of candidates rather than
     dan bukan sekedar kemampuan kandidat dalam                                 just their speaking abilities. The system, policies,
     berbicara. Sistem, kebijakan dan kriteria yang                             and criteria established by KNR successfully filtered
     disusun oleh KNR telah berhasil menyaring calon                            the best candidates for both positions. The accuracy
     terbaik untuk kedua posisi tersebut. Ketepatan                             of the selection can be seen from the high
     seleksi dapat dilihat dari kinerja yang tinggi (dan                        performance (better than the previous year)
     lebih baik dari tahun sebelumnya) yang dilakukan                           exhibited by the new directors.
     oleh kedua Direksi baru tersebut.




                          Laporan Tahunan dan Keberlanjutan
410                                                                                                    PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 411
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  2. Melaksanakan evaluasi atas kinerja anggota Direksi,          2. Conduct performance evaluations for the board
     yaitu dengan menetapkan kriteria dan sistem                     members by establishing objective, measurable
     evaluasi yang objektif, terukur, dan sesuai dengan              criteria and systems aligned with the primary duties
     tugas pokok dan fungsi dari tiap-tiap Direksi.                  and functions of each director. This performance
     Sistem penilaian kinerja ini, dibangun di awal 2023,            assessment system was developed at the beginning
     pada saat pengukuran Key Performance Indicator                  of 2023, during a period when Individual Key
     (KPI) Individual Direksi belum disepakati. Setelah              Performance Indicators (KPIs) for directors had not
     KPI Individual Direksi disepakati pada Desember                 yet been agreed upon. After the Individual KPIs for
     2023, maka pengukuran kinerja setiap anggota                    directors were approved in December 2023, the
     Direksi dilakukan berdasarkan capaian KPI                       performance measurement for each board member
     Individualnya.                                                  is based on their KPI achievements.
  3. Menelaah dan merekomendasikan calon anggota                  3. Review and recommend candidates for the board
     Direksi dan Dewan Komisaris Anak Perusahaan di                  of directors and the board of commissioners of
     Januari 2023, yaitu terkait dengan Direksi dan                  subsidiary companies in January 2023, specifically
     Dewan Komisaris KCIC dan PSBI Telaahan, berpusat                for the boards of KCIC and PSBI. The review focused
     pada seberapa jauh usulan Direksi dan Dewan                     on how well the proposed candidates met GCG
     Komisaris Anak Perusahaan tersebut telah                        (Good Corporate Governance) criteria, considering
     memenuhi GCG, telah memperhatikan faktor formal                 formal factors (e.g., previous assignments and
     (misalnya      riwayat   penugasan      dan    kinerja          performance), material factors (e.g., integrity,
     sebelumnya),       sudah    memperhatikan       faktor          leadership, innovation, etc.), which were evaluated
     material (misalnya integritas, kepemimpinan, inovasi,           by an independent institution, administrative
     dan lain-lain) yang diukur oleh lembaga                         aspects (e.g., ensuring candidates are not political
     independen, sudah mempertimbangkan unsur                        party officials or regional heads), and the needs of
     administratif (misalnya bahwa yang diusulkan                    the subsidiary and the long-term interests of PT KAI.
     bukan pengurus partai politik ataupun Kepala
     Daerah), serta telah memperhatikan kebutuhan dari
     Anak Perusahaan dan kepentingan jangka panjang
     PT KAI.
  4. Membangun kebijakan dan kriteria yang dibutuhkan             4. Develop policies and criteria needed for the selection
     dalam proses pemilihan EVP Corporate Secretary,                 process of the EVP Corporate Secretary, whose
     yang penunjukannya membutuhkan persetujuan                      appointment requires approval from the Board of
     Dewan Komisaris. Sistem pemilihan EVP Corporate                 Commissioners. The selection system for the EVP
     Secretary yang dibangun memperhatikan rekam                     Corporate Secretary considers the candidate’s track
     jejak kandidat yang ada, nilai assessment centre-               record, assessment center values, and interviews
     nya, dan wawancara oleh 5 orang Dewan Komisaris,                conducted by five members of the Board of
     yang telah dibekali dengan panduan untuk                        Commissioners, who have been provided with
     melakukan Competency-Based Interview.                           guidelines for conducting Competency-Based
  5. Memonitor program pengembangan kemampuan                        Interviews.
     BoD-1, dengan cara memberikan nasihat akan                   5. Monitor the capability development program for
     pentingnya                                                      BoD-1 by advising on the importance of:
       (1) Direksi mengkomunikasikan hasil penilaian                   (1) The Directors communicating the performance
           kinerja setiap BoD-1 yang menjadi bawahan                       appraisal results of each BoD-1 who directly
           langsungnya,     agar    yang    bersangkutan                   reports to them, so that they receive feedback
           mendapatkan input terkait kekuatan dan                          on their strengths and weaknesses, as well as
           kelemahannya, serta mendapatkan input                           suggestions for personal development;
           terkait cara pengembangan dirinya;
       (2) kesesuaian antara program pengembangan                     (2) Ensuring that the development programs
           yang diberikan kepada BoD-1 dengan                             provided to BoD-1 align with the individual
           kebutuhan pengembangan tiap-tiap orang.                        development needs. KNR emphasizes that the
           KNR       menegaskan        bahwa      program                 BoD-1 development program should not be
           pengembangan BoD-1 tidak boleh bersifat                        generic but specific and targeted to enhance
           generik, tetapi perlu spesifik dan terarah demi                the competencies of each BoD-1 member.
           peningkatan kompetensi setiap anggota BoD-1.




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              411
                                                                  Annual and Sustainability Report
Page 412
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




  6. Membangun kebijakan, kriteria dan penilaian kinerja       6. Develop policies, criteria, and performance
     Organ Pendukung Dewan Komisaris. Sistem                      evaluations for the Board of Commissioners'
     penilaian kinerja Organ Pendukung Dewan                      Supporting Organs. The performance assessment
     Komisaris dilakukan dengan memperhatikan                     system for Supporting Organs is carried out by
                                                                  considering:
       (1) Kualitas pelaksanaan tugas pokok dari setiap            (1) The quality of task execution of each committee
           anggota Komite yang telah ditetapkan di                     member as established in regulations, POJK,
           Peraturan Menteri, POJK, dan Piagam Komite;                 and committee charters; and
           dan
       (2) sikap kerja dan kompetensi anggota komite.               (2) The work attitude and competency of
           Keseluruhan       kriteria    ini     kemudian               committee members.These criteria are then
           diterjemahkan menjadi indikator perilaku dan                 translated into behavioral and competency
           kompetensi. Setiap anggota Organ Pendukung                   indicators. Each Supporting Organ member is
           dievaluasi oleh minimal 5 (lima) anggota Dewan               evaluated by at least five members of the Board
           Komisaris.     Hasil    penilaian     kemudian               of Commissioners. The results are then
           didiskusikan di rapat Dewan Komisaris untuk                  discussed in Board of Commissioners meetings
           menjadi keputusan bersama.                                   to reach a joint decision.
  7. Membantu Komisaris Utama, sebagai Ketua Cluster           7. Assist the President Commissioner, as Chairman of
      Talent     Committee      Logistik    Darat,   untuk        the Land Logistics Talent Committee Cluster, in
      mempersiapkan bahan dan pertimbangan yang                   preparing materials and considerations needed for
      diperlukan dalam rapat CTC tersebut. Salah satu             the CTC meetings. One key material prepared
      materi kunci yang dipersiapkan adalah terkait proses        involves the calibration process for competency
      kalibrasi penilaian kompetensi dari berbagai                assessments from various companies within the
      perusahaan yang masuk di kelompok logistik darat.           land      logistics   group.     Based   on     KNR’s
      Berdasarkan rekomendasi KNR, proses kalibrasi               recommendations, the calibration process has been
      dapat dilakukan dengan lebih baik, karena diperkuat         improved with the support of Subject Matter
      dengan Subject Matter Expert yang mempunyai                 Experts with expertise in competency assessment.
      keahlian di bidang penilaian kompetensi.
  8. Membuat telaah dan merekomendasikan remunerasi            8. Prepare reviews and recommend remuneration for
      bagi anggota Direksi. Dalam memberikan                      Board members. In providing recommendations
      rekomendasi terkait remunerasi bagi Direksi, KNR            regarding Board remuneration, KNR considers not
      bukan saja memperhatikan kinerja perusahaan,                only company performance but also the context of
      tetapi juga memperhatikan konteks pandemi yang              the pandemic, which poses significant challenges
      menjadi tantangan besar bagi perusahaan logistik            for the logistics sector both nationally and globally.
      di tingkat nasional dan global.
  9. Membuat telaah dan merekomendasikan remunerasi            9. Prepare reviews and recommend remuneration for
      Organ Pendukung Dewan Komisaris. Dengan                      the Supporting Organs of the Board of
      memperhatikan Peraturan Menteri BUMN PER-06/                 Commissioners. In accordance with the Ministry of
      MBU/04/2021, maka KNR merekomendasikan                       SOE      Regulation     PER-06/MBU/04/2021,       KNR
      remunerasi bagi anggota Organ Pendukung, dan                 recommends remuneration for Supporting Organ
      rekomendasi tersebut mendapatkan persetujuan                 members, and these recommendations are approved
      dari Dewan Komisaris.                                        by the Board of Commissioners.
  10. Mengevaluasi kinerja Direktorat SDM secara berkala,      10. Evaluate the performance of the Human Resources
      setiap triwulan, yaitu dengan memperhatikan                  Directorate periodically, every quarter, by assessing
      seberapa jauh Direktorat SDM telah berhasil                  how well the Human Resources Directorate has
      mencapai target KPInya. Secara khusus, KNR                   achieved its KPI targets. Specifically, KNR pays
      memberikan perhatian bagi kemajuan KAI terkait:              attention to KAI's progress regarding:
       (1) Human Capital Transformation;                            (1) Human Capital Transformation;
       (2) Pengembangan BoD-1, termasuk di dalamnya                 (2) Development of BoD-1, including the accuracy
           ketepatan program pengembangan dan                           of    development       programs      and     the
           dilaksanakannya      coaching     oleh   Direksi             implementation of coaching by the Board of
           terhadap setiap BoD-1 yang menjadi bawahan                   Directors for each BoD-1 reporting directly to
           langsungnya;                                                 them;
       (3) Pengembangan talenta millennials dan talenta             (3) Development of millennial and female talent;
           perempuan; dan                                               and
       (4) Pengukuran kinerja yang lebih objektif, dan              (4) More objective performance measurement and
           pembuatan aplikasi khusus terkait hal ini.                   the creation of a specialized application related
                                                                        to this.




                       Laporan Tahunan dan Keberlanjutan
412                                                                                   PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 413
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KOMITE PEMANTAU MANAJEMEN RISIKO
RISK MANAGEMENT MONITORING COMMITTEE
Komite Pemantau Manajemen Risiko merupakan organ              The Risk Management Oversight Committee is a
pendukung Dewan Komisaris yang bertugas membantu              supporting organ of the Board of Commissioners whose
Dewan Komisaris dalam melakukan penilaian dan                 task is to assist the Board of Commissioners in assessing
memberikan rekomendasi tentang risiko usaha, tata cara        and providing recommendations on business risks,
meminimalisasi risiko, investasi, hingga pelaksanaan          procedures for minimizing risks, investments, and the
Enterprise Risk Management (ERM) Perseroan.                   implementation of the Company's Enterprise Risk
Pembentukan Komite Pemantau Manajemen Risiko                  Management (ERM). The establishment of the Risk
merupakan bagian yang tidak terpisahkan dari upaya            Management Oversight Committee is an integral part
Perseroan untuk memastikan efektivitas fungsi                 of the Company's efforts to ensure the effectiveness of
manajemen risiko serta melaksanakan prinsip tata kelola       the risk management function and to implement the
perusahaan yang baik, sesuai peraturan perundang-             principles of good corporate governance, in accordance
undangan yang berlaku.                                        with applicable laws and regulations.

PIAGAM KOMITE PEMANTAU MANAJEMEN                              RISK MANAGEMENT MONITORING
RISIKO                                                        COMMITTEE CHARTER
Komite Pemantau Manajemen Risiko memiliki Piagam              The Risk Management Oversight Committee has a
Komite yang mengatur organisasi, keanggotaan,                 Committee Charter that regulates the organization,
pedoman perilaku, fungsi, tugas, kewenangan dan               membership, code of conduct, functions, duties, authorities
tanggung jawab, serta mekanisme kerja komite. Piagam          and responsibilities, as well as the working mechanism
Komite Pemantau Manajemen Risiko diterbitkan                  of the committee. The Risk Management Oversight
berdasarkan Keputusan Dewan Komisaris Nomor 09/CH/            Committee Charter is issued based on the Decision of
DEKOM/XI/2022 tanggal 23 November 2022 tentang                the Board of Commissioners Number 09/CH/DEKOM/XI/
Piagam Komite Pemantau Manajemen Risiko PT KAI                2022 dated November 23 rd, 2022 concerning the PT KAI
(Persero).                                                    (Persero) Risk Management Oversight Committee
                                                              Charter.

TUGAS DAN TANGGUNG JAWAB KOMITE                               DUTIES AND RESPONSIBILITIES OF THE RISK
PEMANTAU MANAJEMEN RISIKO                                     MANAGEMENT MONITORING COMMITTEE
Komite Pemantau Manajemen Risiko memiliki tugas dan           The Risk Management Monitoring Committee has duties
tanggung jawab yang termuat di dalam Piagam Komite            and responsibilities contained in the Risk Management
Pemantau Manajemen Risiko serta Board Manual                  Monitoring Committee Charter and the Company's Board
Perseroan. Tugas dan tanggung jawab tersebut disusun          Manual. These duties and responsibilities are prepared
berdasarkan standar penerapan GCG dan peraturan               based on GCG implementation standards and applicable
perundang-undangan yang berlaku. Perincian tugas dan          laws and regulations. The detailed duties and
tanggung jawab Komite Pemantau Manajemen Risiko               responsibilities of the Risk Management Monitoring
adalah sebagai berikut:                                       Committee are as follows:
  1. Melakukan monitoring dan evaluasi terhadap realisasi        1. Monitoring and evaluating the realization of
     rencana investasi dan risiko usaha/pelaksanaan                 investment      plans      and      business     risks/
     ERM (Enterprise Risk Management) yang                          implementation       of    ERM     (Enterprise    Risk
     tercantum dalam RJPP dan RKAP.                                 Management) listed in the RJPP and RKAP.
  2. Melakukan evaluasi atas pelaksanaan investasi dan           2. Evaluate investment implementation and business
     dan risiko usaha/pelaksanaan ERM (Enterprise Risk              risks/implementation of ERM (Enterprise Risk
     Management), kebijakan dan strategi investasi dan              Management), existing investment policies and
     risiko usaha/pelaksanaan ERM (Enterprise Risk                  strategies and business risks/implementation of
     Management) yang ada dan memberikan masukan                    ERM (Enterprise Risk Management) and provide
     dalam rangka mereviu dan menetapkan kebijakan                  input in order to review and determine investment
     dan strategi investasi serta risiko usaha yang baru.           policies and strategies and business risks the new
                                                                    one.
  3. Menyiapkan bahan, informasi, materi, analisis dan           3. Prepare materials, information, material, analysis
     kajian terkait dengan pelaksanaan investasi dan dan            and studies related to the implementation of
     risiko usaha/ pelaksanaan ERM (Enterprise Risk                 investment and business risks/implementation of
     Management), dalam rangka menekan dan/atau                     ERM (Enterprise Risk Management), in order to
     menghindarkan Perseroan dari terjadinya cost                   suppress and/or prevent the Company from the
     overrun dan meningkatkan efisiensi dan efektivitas             occurrence of cost overrun and increasing efficiency
     di bidang investasi usaha dan risiko usaha/                    and effectiveness in the field of business investment
     pelaksanaan ERM (Enterprise Risk Management).                  and business risk/implementation of ERM
                                                                    (Enterprise Risk Management).




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                                                                 Annual and Sustainability Report
Page 414
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




  4. Masukan dan kajian tentang kelayakan investasi                  4. Input and study regarding the feasibility of
     usaha serta risikonya dan risiko usaha/pelaksanaan                 business investment and its risks and business risks/
     ERM (Enterprise Risk Management), terkait dengan                   implementation       of   ERM     (Enterprise   Risk
     ketepatan proyeksi, rekayasa pembiayaannya, dan                    Management), related to the accuracy of projections,
     ketepatan penggunaan teknologi, kebutuhan SDM,                     financing engineering, and appropriate use of
     serta inovasinya.                                                  technology, human resource needs and innovation.
  5. Menyusun program kerja tahunan Komite Pemantau                  5. Prepare the annual work program of the Risk
     Manajemen Risiko untuk mendapatkan persetujuan                     Management Monitoring Committee to obtain
     Dewan Komisaris dan membuat laporan periodik                       approval from the Board of Commissioners and
     untuk disampaikan dan dievaluasi oleh Dewan                        prepare periodic reports to be submitted and
     Komisaris.                                                         evaluated by the Board of Commissioners.
  6. Mengawasi dan mengevaluasi penerapan dan                        6. Supervise and evaluate the implementation and
     pelaksanaan ERM (Enterprise Risk Management)                       implementation       of   ERM     (Enterprise   Risk
     sebagai bahan usulan kepada Dewan Komisaris                        Management) as material for recommendations to
     yang selanjutnya menjadi bahan arahan kepada                       the Board of Commissioners which then becomes
     Direksi.                                                           material for direction to the Board of Directors.
  7. Melaksanakan tugas lain yang diberikan Dewan                    7. Carry out other tasks assigned by the Board of
     Komisaris.                                                         Commissioners.
  8. Menjaga kerahasiaan dokumen, data dan informasi                 8. Maintain the confidentiality of Company documents,
     Perseroan baik dari pihak internal maupun eksternal                data and information from both internal and external
     dan hanya digunakan untuk kepentingan                              parties and only use them for the purposes of
     pelaksanaan tugasnya.                                              carrying out their duties.
  9. Melaksanakan tugas lain yang diberikan Dewan                    9. Carry out other tasks assigned by the Board of
     Komisaris.                                                         Commissioners.

STRUKTUR, KEANGGOTAAN, DAN KEAHLIAN                             STRUCTURE, MEMBERSHIP, AND EXPERTISE
KOMITE PEMANTAU MANAJEMEN RISIKO                                OF THE RISK MANAGEMENT MONITORING
                                                                COMMITTEE
Struktur, keanggotaan, dan latar belakang anggota               The structure, membership and background of the
Komite Pemantau Manajemen Risiko Perseroan adalah               members of the Company's Risk Management Monitoring
sebagai berikut:                                                Committee are as follows:

                  Nama                                    Jabatan                                    Keahlian
                  Name                                    Position                                     Skill

 Chairul Anwar                            Ketua KPMR / KPMR Chairman                 Hukum / Law

 Endang Tirtana                           Anggota KPMR / Member of KPMR              Komunikasi / Communication

 M Risal Wasal                            Anggota KPMR / Member of KPMR              Transportasi / Transportation

 Miranti Gani                             Anggota KPMR / Member of KPMR              Manajemen Resiko, Akuntansi / Risk
                                                                                     Management, Accounting

 Handy Purnama                            Anggota KPMR / Member of KPMR              Keuangan / Finance


PROFIL KOMITE PEMANTAU MANAJEMEN                                PROFILE OF THE RISK MANAGEMENT
RISIKO                                                          MONITORING COMMITTEE
Profil anggota Komite Pemantau Manajemen Risiko pada            The profiles of members of the Risk Management
posisi 31 Desember 2023 adalah sebagai berikut:                 Monitoring Committee as of December 31th, 2023 are as
                                                                follows:

                                         CHAIRUL ANWAR
       Ketua Komite Pemantau Manajemen Risiko / Head of the Risk Management Oversight Committee

 Profil Chairul Anwar sebagai ketua Komite Pemantau Manajemen Risiko dapat dilihat pada bab Profil Perusahaan bagian Profil
 Anggota Dewan Komisaris. / Chairul Anwars’ Profile as the Head of Risk Management Oversight Committee is presented in the
                             Company Profile chapter, Board of Commissioners Members Section



                                        ENDANG TIRTANA
       Anggota Komite Pemantau Manajemen Risiko / Risk Management Oversight Committee Member

   Profil Endang Tirtana sebagai ketua Komite Pemantau Manajemen Risiko dapat dilihat pada bab Profil Perusahaan bagian
      Profil Anggota Dewan Komisaris. / Endang Tirtana’s Profile as the Risk Management Oversight Committee member is
                     presented in the Company Profile chapter, Board of Commissioners Members Section




                         Laporan Tahunan dan Keberlanjutan
414                                                                                        PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 415
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                      MOHAMAD RISAL WASAL
        Anggota Komite Pemantau Manajemen Risiko / Risk Management Oversight Committee Member

    Profil Mohamad Risal Wasal sebagai ketua Komite Pemantau Manajemen Risiko dapat dilihat pada bab Profil Perusahaan
     bagian Profil Anggota Dewan Komisaris. / Mohamad Risal Wasal’s Profile as the Risk Management Oversight Committee
                 member is presented in the Company Profile chapter, Board of Commissioners Members Section



                                          MIRANTI GANI
        Anggota Komite Pemantau Manajemen Risiko / Risk Management Oversight Committee Member

 Kewarganegaraan / Citizenship       Warga Negara Indonesia / Indonesian

 Domisili / Domicile                 Tangerang Selatan / South Tangerang

 Tempat dan Tanggal Lahir /          Jakarta, 24 Maret 1963 / Jakarta, March 24 th, 1963
 Place and Date of Birth

 Usia / Age                          60 tahun / 60 years old

 Periode Menjabat / Term of          2021-2024 (Periode Pertama) / 2021-2024 (First Period)
 Office

 Dasar Hukum Penunjukan /            Surat Keputusan Dewan Komisaris PT KAI (Persero) Nomor SK-07/CH/DEKOM/V/2021
 Legal Basis of Appointment          tentang Pengangkatan Anggota Komite Pemantau Risiko PT KAI (Persero) / Board of
                                     Commissioners Decree Nomor: 07/CH/ DEKOM/V/2021 on PT KAI (Persero) Risk
                                     Management Oversight Committee Member Appointment.

 Riwayat Pendidikan /                Sarjana Ekonomi – Fakultas Ekonomi Universitas Indonesia / Bachelor’s Degree in
 Educational Background              Economics from Faculty of Economics Universitas Indonesia

 Sertifikasi / Certification             • International Certificate in Enterprise Risk Management by International Risk
                                           Management – UK (IRMCert)
                                         • Certified Risk Management for Banker (BSMR) Level 1 to 4
                                         • Certified Audit Committee Practices (CACP)
                                         • Certified Wealth Management (CWM)
                                         • Securities and Investment Personnel conducted by Securities Institute, London (CSI)
                                         • Shariah Banking Course – RBS
                                         • Consumer Credit Course – RBS
                                         • Operational Risk Management Certification – Standard Chartered Bank Global
                                           (ORMC)
                                         • Islamic Banking Certification (IBC)
                                         • Internal Audit Certification – Kuala Lumpur

 Pengalaman Kerja / Employment           • Komite Managemen Risiko Lembaga Penjamin Simpanan (PS) 2020-2022 / Risk
 History                                   Management Committee of The Deposit Insurance Agency (LPS) (2020-2022)
                                         • Komisaris Independen Sumberdaya Sewatama (Trakindo Group) 2018-2021 /
                                           Independent Commissioner of Sumberdaya Sewatama (Trakindo Group) 2018-2021
                                         • Independent Senior Management Advisor / Consultant for Business Process and Risk
                                           Control improvement Rabo Bank, Indonesia (2016-2018)
                                         • Independent consultant for Risk based business process improvement PT Fors Fortis
                                           Indonesia (Bostinco) (2016)
                                         • Operational Risk Management Head Standard Chartered Bank Indonesia 2010-2015
                                         • Head of Process and Control ABN-AMRO Bank Indonesia 2007-2010

 Rangkap Jabatan / Concurrent        -
 Positions




                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  415
                                                                       Annual and Sustainability Report
Page 416
                                       Tata Kelola Perusahaan
                                       Good Corporate Governance




                                        HANDY PURNAMA
        Anggota Komite Pemantau Manajemen Risiko / Risk Management Oversight Committee Member

 Kewarganegaraan / Citizenship          Warga Negara Indonesia / Indonesian

 Domisili / Domicile                    Bandung

 Tempat dan Tanggal Lahir /             Jakarta, 15 Juli 1966 / Jakarta, July 15 th, 1966
 Place and Date of Birth

 Usia / Age                             57 tahun / 57 years old

 Periode Menjabat / Term of             2022-2025 (Periode Pertama) / 2022-2025 (First Period)
 Office

 Dasar Hukum Penunjukan /               Surat Keputusan Dewan Komisaris Nomor: 06/CH/DEKOM/IX/2022 tentang Pengangkatan
 Legal Basis of Appointment             Anggota Komite Pemantau Manajemen Risiko PT Kereta Api Indonesia (Persero). / Board
                                        of Commissioners Decree No. 06/ CH/DEKOM/IX/2022 on PT Kereta Api Indonesia
                                        (Persero) Risk Management Oversight Committee Member Appointment.

 Riwayat Pendidikan /                       • Sarjana Teknik jurusan Teknik Fisika di Institut Teknologi Bandung (1996) / Bachelor of
 Educational Background                       Engineering in Physics Engineering at Institut Teknologi Bandung (1996)
                                            • Magister Teknik jurusan Teknik Perkeretaapian di Institut Teknologi Bandung (2000) /
                                              Master of Engineering in Railway Engineering at Institut Teknologi Bandung (2000)

 Sertifikasi / Certification                • Governance Risk Complience For Executive
                                            • Certified Strategy Execution Profesional
                                            • Skema Pengelolaan Lembaga Pelatihan Kerja (PLPK)

 Pengalaman Kerja / Employment              • Corporate Deputy Directore of Training and Education - PT KAI (Persero) (2020-2022)
 History                                    • Corporate Deputy Directore of Revenue and Cost Consolidation - PT KAI (Persero)
                                              (2018-2020)
                                            • Director of Parking and Technology Business – PT KAI Service (2017-2018)
                                            • Vice President of PSO, IMO and TAC – PT KAI (Persero) (2015-2017)
                                            • Vice President of Planning and Evaluation Training and Education - PT KAI (Persero)
                                              (2014-2015)

 Rangkap Jabatan / Concurrent           -
 Positions


INDEPENDENSI KOMITE PEMANTAU                                            INDEPENDENCE OF THE RISK MANAGEMENT
MANAJEMEN RISIKO                                                        MONITORING COMMITTEE
Anggota Komite Pemantau Manajemen Risiko telah                          Members of the Risk Management Monitoring Committee
dipastikan memenuhi kriteria independensi sesuai                        have been confirmed to meet the independence criteria
peraturan    perundangundangan   yang    berlaku.                       in accordance with applicable laws and regulations.
Pengungkapan pemenuhan kriteria independensi                            Disclosure of fulfillment of these independence criteria
tersebut adalah sebagai berikut:                                        is as follows:

                                                                                                 Mohamad
                       Aspek Independensi                               Chairul        Endang                   Miranti      Handy
                                                                                                   Risal
                       Independency Aspect                              Anwar          Tirtana                   Gani       Purnama
                                                                                                  Wasal

 Tidak memiliki hubungan keuangan dengan Dewan Komisaris
 dan Direksi / Has no financial affiliations with the Board of              ✓               ✓        ✓             ✓            ✓
 Commissioners and the Board of Directors

 Tidak memiliki hubungan kepengurusan di perusahaan, anak
 perusahaan, maupun perusahaan afiliasi / Has no managerial                 ✓               ✓        ✓             ✓            ✓
 relations in the Company, Subsidiaries, or Affiliates.

 Tidak memiliki hubungan kepemilikan saham di perusahaan /
 Has no affiliations with the Shareholders of the Company                   ✓               ✓        ✓             ✓            ✓


 Tidak memiliki hubungan keluarga dengan Dewan Komisaris,
 Direksi, dan/atau sesama anggota Komite Audit / Has no familial
                                                                            ✓               ✓        ✓             ✓            ✓
 affiliations with the Board of Commissioners, Board of Directors,
 and/or fellow Audit Committee member

 Tidak menjabat sebagai pengurus partai politik, pejabat dan
 pemerintah / Is not concurrent as an administrators of political           ✓               ✓        ✓             ✓            ✓
 parties, officials, and government




                          Laporan Tahunan dan Keberlanjutan
416                                                                                                PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 417
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PELATIHAN DAN/ATAU PENINGKATAN                                  TRAINING AND/OR INCREASING THE
KOMPETENSI KOMITE PEMANTAU                                      COMPETENCY OF THE RISK MANAGEMENT
MANAJEMEN RISIKO                                                MONITORING COMMITTEE
Pada tahun 2023, anggota Komite Pemantau Manajemen              In 2023, members of the Risk Management Monitoring
Risiko mengikuti sejumlah kegiatan pelatihan dan/atau           Committee will participate in a number of training and/or
peningkatan kompetensi dengan perincian sebagai                 competency improvement activities with the following
berikut:                                                        details:

                                         Jenis Pelatihan dan
      Nama              Jabatan            Materi Pelatihan          Waktu dan Tempat Pelaksanaan          Penyelenggara
      Name              Position        Types of Training and       Time and Place of Implementation         Organizer
                                          Training Materials

                                          GRC Professional         Hotel Gaia Bandung, 26 Oktober 2023       -Strategic
                   Ketua KPMR /            Advanced-Level
 Chairul Anwar                                                      / Gaia Hotel Bandung, October 26 th,    Development
                   KPMR Chairman          Executive (GRCE)                         2023                        Group

                                          GRC Professional         Hotel Gaia Bandung, 26 Oktober 2023        Strategic
                   Anggota KPMR /          Advanced-Level
 Endang Tirtana                                                     / Gaia Hotel Bandung, October 26 th,    Development
                   Member of KPMR         Executive (GRCE)                         2023                        Group

                                          GRC Professional         Hotel Gaia Bandung, 26 Oktober 2023        Strategic
                                           Advanced-Level           / Gaia Hotel Bandung, October 26 th,    Development
                                          Executive (GRCE)                         2023                        Group

                                            Bank Risk                                -                     Badan Sertifikasi
                                        Management Level 4                                                   Manajemen
                                                                                                               Resiko
                   Anggota KPMR /
 Miranti Gani
                   Member of KPMR
                                          Audit Committee                            -                      Ikatan Komite
                                             Practices                                                     Audit Indonesia

                                         Overview of Islamic                         -                       International
                                           Bank Batch 1                                                       Center For
                                                                                                           Development in
                                                                                                           Islamic Finance

                                          GRC Professional         Hotel Gaia Bandung, 26 Oktober 2023        Strategic
                   Anggota KPMR /          Advanced-Level
 Handy Purnama                                                      / Gaia Hotel Bandung, October 26 th,    Development
                   Member of KPMR         Executive (GRCE)                         2023                        Group


RAPAT KOMITE PEMANTAU MANAJEMEN                                 RISK MANAGEMENT MONITORING
RISIKO                                                          COMMITTEE MEETINGS
Kebijakan Rapat Komite Pemantau Manajemen Risiko                Risk Management Monitoring Committee Meeting
                                                                Policy
Perseroan menerapkan kebijakan rapat bagi Komite                The Company implements meeting policies for the Risk
Pemantau Manajemen Risiko yang termuat di dalam                 Management Monitoring Committee which are contained
Piagam Komite Pemantau Manajemen Risiko. Perincian              in the Risk Management Monitoring Committee Charter.
mengenai hal tersebut adalah sebagai berikut:                   The details regarding this are as follows:
   1. Komite Pemantau Manajemen Risiko mengadakan                  1. The Risk Management Monitoring Committee holds
      rapat sekurang-kurangnya sama dengan ketentuan                  meetings at least equal to the minimum requirements
      minimal rapat Dewan Komisaris yang ditetapkan                   for meetings of the Board of Commissioners
      dalam anggaran dasar.                                           stipulated in the articles of association.
   2. Setiap rapat Komite Pemantau Manajemen Risiko                2. Each Risk Management Monitoring Committee
      dituangkan dalam risalah rapat yang ditandatangani              meeting is outlined in the minutes of the meeting
      oleh    seluruh   anggota     Komite     Pemantau               which are signed by all members of the Risk
      Manajemen Risiko yang hadir.                                    Management Monitoring Committee present.
   3. Risalah rapat disampaikan secara tertulis oleh               3. Minutes of meetings are submitted in writing by
      Komite Pemantau Manajemen Risiko kepada Dewan                   the Risk Management Monitoring Committee to
      Komisaris.                                                      the Board of Commissioners.
   4. Kehadiran anggota Komite Pemantau Manajemen                  4. The presence of members of the Risk Management
      Risiko dalam rapat, dilaporkan dalam laporan                    Monitoring Committee at meetings is reported in
      triwulanan dan laporan tahunan Komite Pemantau                  the quarterly report and annual report of the Risk
      Manajemen Risiko.                                               Management Monitoring Committee.




                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              417
                                                                    Annual and Sustainability Report
Page 418
                                      Tata Kelola Perusahaan
                                      Good Corporate Governance




Pelaksanaan Rapat Komite Pemantau Manajemen                         Implementation of Risk Management Monitoring
Risiko                                                              Committee Meetings
Untuk tahun 2023, Komite Pemantau Manajemen Risiko                  For 2023, the Risk Management Monitoring Committee
telah menyelenggarakan rapat sejumlah 17 kali. Tanggal              has held 17 meetings. The implementation date, meeting
pelaksanaan, agenda rapat, serta peserta rapat Komite               agenda, and participants in the Risk Management
Pemantau Manajemen Risiko adalah sebagai berikut:                   Monitoring Committee meeting are as follows:


   Tanggal               Agenda Rapat                    Peserta Rapat             Kehadiran       Alasan Ketidakhadiran
    Date                Meeting Agenda                 Meeting Participants         Presence         Reason of Absence

 1 Februari       1) Rencana Formal 2023 dari      Chairul Anwar                 Hadir / Present              -
 2023 /              Risk Management; / 2023
 February 1 st,      Formal Plan from Risk         Endang Tirtana                Hadir / Present              -
 2023                Management;
                                                   M Risal Wasal                 Hadir / Present              -
                  2) Update Rencana Detail
                                                   Miranti Gani                  Hadir / Present              -
                     dari Implementasi permen
                     BUMN No.5 (Update per         Handy Purnama                 Hadir / Present              -
                     akhir januari 2023) /
                     Update on Detailed Plan
                     for Implementation of SOE
                     Ministerial Regulation No.5
                     (Update as of the end of
                     January 2023)


 14 Februari      Rapat Rutin Internal KPMR /      Chairul Anwar                 Hadir / Present              -
 2023 /           KPMR Internal Regular
 February         Meeting                          Endang Tirtana                Hadir / Present              -
 14 th, 2023
                                                   M Risal Wasal                 Hadir / Present              -

                                                   Miranti Gani                  Hadir / Present              -

                                                   Handy Purnama                 Hadir / Present

 24 Maret         1) Progress Penyelesaian         Chairul Anwar                 Hadir / Present              -
 2023 / March        TAC-IMO / Progress on
 24 th, 2023         Completion of TAC-IMO         Endang Tirtana                Hadir / Present              -

                  2) Progress dan Percepatan       M Risal Wasal                 Hadir / Present              -
                     Implementasi Permen
                                                   Miranti Gani                  Hadir / Present              -
                     BUMN 05 / Progress and
                     Acceleration of               Handy Purnama                 Hadir / Present              -
                     Implementation of SOE
                     Ministerial Regulation 05

                  3) Rencana Penguatan ERM
                     bersama Tim KPMR / ERM
                     Strengthening Plan with
                     the KPMR Team

                  4) Sharing Buku "Monitoring
                     Implementasi ERM 2022" /
                     Book Sharing "ERM
                     Implementation
                     Monitoring 2022"

 27 Maret         1) Follow up Permen BUMN         Chairul Anwar                 Hadir / Present              -
 2023 / March        05 / Follow up Permen SOE
 27 th, 2023         05                            Endang Tirtana                Hadir / Present              -

                  2) Rencana Penguatan RM di       M Risal Wasal                 Hadir / Present              -
                     KAI / RM Strengthening
                                                   Miranti Gani                  Hadir / Present              -
                     Plan at KAI
                                                   Handy Purnama                 Hadir / Present              -




                         Laporan Tahunan dan Keberlanjutan
418                                                                                         PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 419
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   Tanggal                Agenda Rapat                   Peserta Rapat              Kehadiran         Alasan Ketidakhadiran
    Date                 Meeting Agenda                Meeting Participants          Presence           Reason of Absence

 11 s.d. 12 Mei    Penguatan ERM Divre I           Chairul Anwar                  Hadir / Present                -
 2023 / May        Sumatera Utara /
 11 th to 12 th    Strengthening ERM Divre I       Endang Tirtana                 Hadir / Present                -
 2023              North Sumatra
                                                   M Risal Wasal                  Hadir / Present                -

                                                   Miranti Gani                   Hadir / Present                -

                                                   Handy Purnama                  Hadir / Present

 24 May 2023       Pengamanan dan                  Chairul Anwar                  Hadir / Present                -
 / May 24 th,      Pemanfaatan Aset tanah di
 2023              Wilaayah Daop 6 Yogyakarta      Endang Tirtana                 Hadir / Present                -
                   / Security and Utilization of
                   Land Assets in Region 6         M Risal Wasal                  Hadir / Present                -
                   Yogyakarta
                                                   Miranti Gani                   Hadir / Present                -

                                                   Handy Purnama                  Hadir / Present                -

 25 s.d. 26 Mei    Penguatan ERM Daop 6            Chairul Anwar                  Hadir / Present
 2023 / May        Yogyakarta / Strengthening
 25 th to 26 th,   ERM Daop 6 Yogyakarta           Endang Tirtana                 Hadir / Present
 2023
                                                   M Risal Wasal                  Hadir / Present

                                                   Miranti Gani                   Hadir / Present

                                                   Handy Purnama                  Hadir / Present

 5 Juni 2023 /     Rencana Pengembangan            Chairul Anwar                  Hadir / Present
 June 5 th,        Stasiun Tugu Yogyakarta /
 2023              Yogyakarta Tugu Station         Endang Tirtana                 Hadir / Present
                   Development Plan
                                                   M Risal Wasal                  Hadir / Present

                                                   Miranti Gani                   Hadir / Present

                                                   Handy Purnama                  Hadir / Present

 7 Juni 2023 /     Pengamanan dan                  Chairul Anwar                  Hadir / Present
 June 7 th,        Pemanfaatan Aset tanah di
 2023              Wilaayah Daop 8 Surabaya /      Endang Tirtana                 Hadir / Present
                   Security and Utilization of
                   Land Assets in Region 8         M Risal Wasal                  Hadir / Present
                   Surabaya
                                                   Miranti Gani                   Hadir / Present

                                                   Handy Purnama                  Hadir / Present

 8 s.d. 9 Juni     Penguatan ERM Daop 8            Chairul Anwar                  Hadir / Present
 2023 / June       Surabaya / Strengthening
 8 th to 9 th,     ERM Daop 8 Surabaya             Endang Tirtana                 Hadir / Present
 2023
                                                   M Risal Wasal                  Hadir / Present

                                                   Miranti Gani                   Hadir / Present

                                                   Handy Purnama                  Hadir / Present

 19 Juni 2023      Pengamanan dan                  Chairul Anwar                  Hadir / Present                -
 / June 19 th,     Pemanfaatan Aset Tanah di
 2023              Wilayah Divre III palembang,    Endang Tirtana                 Hadir / Present                -
                   Divre Tanjungkarang dan
                   Balai Yasa Lahat /              M Risal Wasal                  Hadir / Present                -
                   Safeguarding and Utilization
                                                   Miranti Gani                   Hadir / Present                -
                   of Land Assets in Palembang
                   Division III, Tanjungkarang     Handy Purnama                  Hadir / Present                -
                   District and Balai Yasa Lahat




                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  419
                                                                        Annual and Sustainability Report
Page 420
                                     Tata Kelola Perusahaan
                                     Good Corporate Governance




   Tanggal               Agenda Rapat                 Peserta Rapat             Kehadiran       Alasan Ketidakhadiran
    Date                Meeting Agenda              Meeting Participants         Presence         Reason of Absence

 20 s.d. 21       Penguatan ERM Wilayah         Chairul Anwar                 Hadir / Present              -
 Juni 2023 /      Divre III palembang, Divre
 June 20 th to    Tanjungkarang dan Balai       Endang Tirtana                Hadir / Present              -
 21 st, 2023      Yasa Lahat / Strengthening
                  ERM Region Divre III          M Risal Wasal                 Hadir / Present              -
                  Palembang, Divre
                                                Miranti Gani                  Hadir / Present              -
                  Tanjungkarang and Balai
                  Yasa Lahat                    Handy Purnama                 Hadir / Present

 5 s.d. 6         Penguatan ERM Daop 3          Chairul Anwar                 Hadir / Present              -
 September        Cirebon, Daop 4 Semarang
 2023 /           dan Balai Yasa Tegal /        Endang Tirtana                Hadir / Present              -
 September        Strengthening the ERM of
 5 th to 6 th,    Daop 3 Cirebon, Daop 4        M Risal Wasal                 Hadir / Present              -
 2023             Semarang and Balai Yasa
                                                Miranti Gani                  Hadir / Present              -
                  Tegal
                                                Handy Purnama                 Hadir / Present              -

 19               Penguatan ERM Divisi LRT      Chairul Anwar                 Hadir / Present
 September        Jabodebek / Strengthening
 2023 /           the ERM of the Jabodebek      Endang Tirtana                Hadir / Present
 September        LRT Division
 19 th, 2023                                    M Risal Wasal                 Hadir / Present

                                                Miranti Gani                  Hadir / Present

                                                Handy Purnama                 Hadir / Present

 18 Oktober       Penguatan ERM Daop 1,         Chairul Anwar                 Hadir / Present
 2023 /           Daop 2, Balai Yasa
 October 18 th,   Manggarai. Balai Yasa         Endang Tirtana                Hadir / Present
 2023             Kiaracondong /
                  Strengthening ERM Daop 1,     M Risal Wasal                 Hadir / Present
                  Daop 2, Balai Yasa
                                                Miranti Gani                  Hadir / Present
                  Manggarai. Kiaracondong
                  Service Center                Handy Purnama                 Hadir / Present

 24 s.d. 25       Penguatan ERM EVP Kantor      Chairul Anwar                 Hadir / Present
 Oktober          Pusat / Strengthening Head
 2023 /           Office ERM EVP                Endang Tirtana                Hadir / Present
 October 24 th
 to 25 th, 2023                                 M Risal Wasal                 Hadir / Present

                                                Miranti Gani                  Hadir / Present

                                                Handy Purnama                 Hadir / Present

 15 November      Penguatan ERM Direksi Anak    Chairul Anwar                 Hadir / Present
 2023 /           Perusahaan / Strengthening
 November         ERM of Subsidiary Directors   Endang Tirtana                Hadir / Present
 15 th, 2023
                                                M Risal Wasal                 Hadir / Present

                                                Miranti Gani                  Hadir / Present

                                                Handy Purnama                 Hadir / Present


LAPORAN SINGKAT PELAKSANAAN                                      BRIEF REPORT ON THE IMPLEMENTATION
KEGIATAN KOMITE PEMANTAU MANAJEMEN                               OF RISK MANAGEMENT MONITORING
RISIKO TAHUN 2023                                                COMMITTEE ACTIVITIES IN 2023
Untuk tahun 2023, Komite Pemantau Manajemen Risiko               For 2023, the Risk Management Monitoring Committee
telah melaksanakan tugas dan tanggung jawab sesuai               has carried out its duties and responsibilities in
ketentuan di dalam Piagam Komite, melalui pembahasan             accordance with the provisions in the Committee Charter,
yang dilakukan di dalam rapat komite. Sejumlah                   through discussions held at committee meetings. A
pembahasan Komite Pemantau Manajemen Risiko di                   number of discussions by the Risk Management
dalam rapat di tahun 2023 adalah sebagai berikut:                Monitoring Committee at meetings in 2023 are as follows:




                         Laporan Tahunan dan Keberlanjutan
420                                                                                      PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 421
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  1. Tanggapan Dewan Komisaris atas Usulan RKAP                 1. Response of the Board of Commissioners to the
     2023.                                                         2023 RKAP Proposal.
  2. Evaluasi Program Kerja Tahunan Satuan                      2. Evaluation of the Annual Work Program of the
     Pengendalian Internal.                                        Internal Control Unit.
  3. Kinerja Triwulan SPI.                                      3. Quarterly Performance of Internal Audit.
  4. Evaluasi Manajemen Risiko.                                 4. Risk Management Evaluation.
  5. Pengelolaan dan pengusahaan aset non-                      5. Management and utilization of non-productive
     produktif.                                                    assets.
  6. Progress report integrasi risiko keselamatan               6. Progress report on the integration of safety risks
     dalam ERM.                                                    into ERM (Enterprise Risk Management).
  7. Evaluasi kinerja Perusahaan.                               7. Evaluation of Company Performance.



KOMITE DI BAWAH DIREKSI
COMMITTEE UNDER THE BOARD OF DIRECTORS
KOMITE EVALUASI JABATAN                                      POSITION EVALUATION COMMITTEE
Komite Evaluasi Jabatan merupakan komite yang                The Position Evaluation Committee is a committee
dibentuk guna mendukung Direksi dalam melakukan              formed to support the Board of Directors in simplifying
penyederhanaan struktur remunerasi secara berkeadilan        the remuneration structure in a fair manner according
sesuai bobot jabatan dengan berbasis kinerja. Komisi         to the weight of the position on a performance basis.
Evaluasi Jabatan dibentuk dengan kesadaran bahwa             The Position Evaluation Commission was formed with
Perseroan memerlukan praktik evaluasi jabatan dengan         the awareness that the Company requires job evaluation
menghasilkan sistem penilaian (grading system) sesuai        practices by producing an assessment system (grading
perkembangan organisasi, yang pelaksanaannya                 system) according to organisational developments, the
melibatkan konsultasi dengan pihak eksternal.                implementation of which involves consultation with
                                                             external parties.

Tugas dan Tanggung Jawab Komite Evaluasi Jabatan             Duties and Responsibilities of the Department
                                                             Evaluation Committee
Sebagai organ pendukung Direksi, Komite Evaluasi             As a supporting organ for the Board of Directors, the
Jabatan memiliki sejumlah tugas dan tanggung jawab           Position Evaluation Committee has a number of duties
yang terbagi ke dalam masing-masing fungsi dengan            and responsibilities which are divided into each function
perincian sebagai berikut:                                   with the following details:

  1. Pengarah, memiliki tugas:                                  1. Director, has the following duties:
      a. Mengarahkan perumusan dan pelaksanaan                      a. Directing the formulation and implementation
         proses evaluasi jabatan yang tepat dan akurat                 of a precise and accurate job evaluation process
         untuk menjadi input dalam penyusunan sistem                   to become input in preparing the assessment
         penilaian (grading system) dan penataan                       system (grading system) and structuring
         remunerasi yang sesuai dengan organisasi                      remuneration in accordance with current
         terkini dan kebutuhan perusahaan; dan                         organizational and company needs; And
      b. Menetapkan hasil evaluasi jabatan untuk                    b. Determine the results of job evaluations to be
         diimplementasikan di Perusahaan.                              implemented in the Company.

  2. Pengarah Harian, memiliki tugas:                           2. Daily Director, has duties:
      a. Memastikan perumusan dan pelaksanaan proses                a. Ensure     that    the   formulation      and
         evaluasi jabatan berjalan sesuai kebutuhan                    implementation of the job evaluation process
         perusahaan;                                                   runs according to company needs;
      b. Mengarahkan sasaran dan target Komite;                     b. Directing the Committee's goals and targets;
      c. Mengarahkan dan memastikan hasil evaluasi                  c. Directing and ensuring that the results of job
         jabatan    dapat    diimplementasikan    di                   evaluations can be implemented in the
         perusahaan; dan                                               company; And
      d. Mengarahkan dan memastikan hasil evaluasi                  d. Directing and ensuring that the results of job
         jabatan dilakukan komunikasi dengan pihak-                    evaluations are communicated with related
         pihak terkait.                                                parties.

  3. Ketua, memiliki tugas:                                     3. Chairman, has the following duties:
      a. Menetapkan sasaran dan target Komite serta                 a. Determine the Committee's goals and targets
         tata cara pelaksanaan evaluasi jabatan;                       as well as procedures for implementing job
                                                                       evaluations;




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                                                                Annual and Sustainability Report
Page 422
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




      b. Mengarahkan dan mengendalikan kegiatan                   b. Direct and control job evaluation activities so
         evaluasi jabatan agar sesuai dengan sasaran                 that they are in line with the Committee's goals
         dan target Komite;                                          and targets;
      c. Mengupayakan pemecahan masalah jika                      c. Striving to solve problems if there are obstacles
         terdapat kendala dalam proses evaluasi jabatan              in the job evaluation process and if necessary
         serta jika diperlukan mengatur pertemuan                    arranging meetings with other related parties;
         dengan pihak lain yang terkait;
      d. Memberikan persetujuan terhadap hasil evaluasi           d. Give approval to the results of the job evaluation
         jabatan untuk menjadi rekomendasi kepada                    to become a recommendation to the Director;
         Pengarah;
      e. Melakukan komunikasi yang diperlukan dengan              e. Carry out necessary communications with
                                                                     related parties; And
      f. Memfasilitasi     dan     mengoordinasikan               f. Facilitate and coordinate the preparation of the
         penyusunan laporan akhir proses evaluasi                    final report on the position evaluation process
         jabatan serta melaporkan kepada Pengarah.                   and report to the Director.

  4. Wakil Ketua, memiliki tugas:                             4. Deputy Chairman, has the following duties:
      a. Memberikan rekomendasi terhadap sasaran                  a. Provide recommendations on the Committee's
         strategis dan target Komite;                                strategic goals and targets;
      b. Mengoordinasikan penyiapan dan verifikasi data           b. Coordinate the preparation and verification of
         pendukung untuk proses evaluasi jabatan;                    supporting data for the job evaluation process;
      c. Mengoordinasikan dan memastikan kegiatan                 c. Coordinate and ensure job evaluation activities
         evaluasi jabatan agar sesuai dengan sasaran                 are in line with the goals and targets of the job
         dan target komite evaluasi jabatan;                         evaluation committee;
      d. Melakukan      evaluasi  dan     memberikan              d. Conduct        evaluations      and      provide
         rekomendasi terhadap hasil akhir evaluasi                   recommendations on the final results of job
         jabatan;                                                    evaluations;
      e. Menjembatani pelaksanaan komunikasi yang                 e. Bridging the implementation of necessary
         diperlukan dengan pihak-pihak terkait; dan                  communications with related parties; And
      f. Mengoordinasikan penyusunan laporan akhir                f. Coordinate the preparation of the final project
         proyek untuk disampaikan kepada Ketua dan                   report to be submitted to the Chair and
         Pengarah.                                                   Director.

  5. Anggota, memiliki tugas:                                 5. Members, have duties:
      a. Berkoordinasi dengan direktorat satuan                   a. Coordinate with the directorate of each
         organisasi masing-masing untuk melakukan                    organizational unit to verify supporting data
         verifikasi terhadap data pendukung yang akan                that will be used as a data source in conducting
         digunakan sebagai sumber data dalam                         job evaluations;
         melakukan evaluasi jabatan;
      b. Melaksanakan seluruh proses evaluasi jabatan             b. Carry out the entire job evaluation process
         sesuai metode dan tata cara yang ditetapkan                 according to the methods and procedures
         oleh ketua Komite;                                          determined by the Committee chairman;
      c. Melakukan kalibrasi terhadap draf hasil evaluasi         c. Calibrate the draft results of the job evaluation
         jabatan yang dilakukan Sub-Komite Human                     carried out by the Human Capital Sub-
         Capital; dan                                                Committee; And
      d. Memberikan usulan dalam rangka penetapan                 d. Providing suggestions in order to determine
         rekomendasi Komite atas hasil evaluasi jabatan              the Committee's recommendations on the
         untuk dapat ditetapkan oleh pengarah.                       results of the position evaluation to be
                                                                     determined by the director.

  6. Subkomite Human Capital, memiliki tugas:                 6. The Human Capital Subcommittee, has the
                                                                 following tasks:
      a. Melakukan verifikasi data yang dibutuhkan untuk           a. Verifying the data needed to carry out job
         pelaksanaan evaluasi jabatan;                                evaluations;
      b. Melakukan proses evaluasi jabatan dengan                  b. Carrying out the job evaluation process using
         metode yang ditetapkan guna menghasilkan                     the established method to produce a job
         draf evaluasi jabatan;                                       evaluation draft;
      c. Melakukan rekapitulasi dan pengolahan data                c. Carrying out recapitulation and processing of
         sistem penilaian (grading system); dan                       assessment system data (grading system); And
      d. Menyusun draf laporan akhir hasil evaluasi                d. Prepare a draft final report on the results of the
         jabatan.                                                     job evaluation.




                      Laporan Tahunan dan Keberlanjutan
422                                                                                  PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 423
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  7. Sekretariat, memiliki tugas:                                     7. The Secretariat, has the following duties:
      a. Melakukan pengumpulan data yang dibutuhkan                       a. Collecting data needed to carry out job
         untuk pelaksanaan evaluasi jabatan; dan                             evaluations; And
      b. Menyiapkan kelengkapan dan akomodasi yang                        b. Prepare the equipment and accommodations
         diperlukan dalam melakukan kegiatan evaluasi                        needed to carry out job evaluation activities.
         jabatan.

Struktur Keanggotaan Komite Evaluasi Jabatan                      Position Evaluation Committee Membership Structure
Berikut ini struktur keanggotaan Komite Evaluasi Jabatan          The following is the membership structure of the Position
untuk tahun 2023.                                                 Evaluation Committee for 2023.




                                                            PENGARAH
                                                           SUPERVISOR




                                                       PENGARAH HARIAN
                                                       DAILY SUPERVISOR




                                                              KETUA
                                                              CHIEF




                                    SEKRETARIAT                               WAKIL KETUA
                                     SECRETARY                               VICE CHAIRMAN




                                                                      SUB-KOMITE HUMAN CAPITAL
                                ANGGOTA KOMITE
                                                                        SUB-COMMITTE HUMAN
                               COMMITTEE MEMBE
                                                                               CAPITAL




Susunan Komite Evaluasi Jabatan                                   Position Evaluation Committee Composition

       Nama                           Jabatan                              Keahlian                Kedudukan dalam Komite
       Name                           Position                             Expertise               Position in the Committee

 Ida Hidayati         Executive Vice President of Personnel      Sumber Daya Manusia             Ketua
                      Care, Control, and Development             Human Resources                 Chief

 Welliyansyah         Vice President of Organization             Kesehatan                       Wakil Ketua
                      Development                                Health                          Vice Chairman

 Hendra Wahyono       Executive Vice President of Operation      Operasional                     Anggota Komite
                                                                 Operational                     Committee Member

 Idrus Fauzi          Executive Vice President of Rolling        Operasional                     Anggota Komite
                      Stock Maintenance                          Operational                     Committee Member

 Mohamad Nurul        Executive Vice President of Non            Operasional                     Anggota Komite
 Huda Dwi Santoso     Railway Assets                             Operational                     Committee Member

 Agus Setiyono        Executive Vice President of Training       Pelatihan dan Pendidikan        Anggota Komite
                      and Education Ir. H. D juanda              Training and Education          Committee Member

 Roni Komar           Acting Executive Vice President of         Pengembangan Bisinis            Anggota Komite
                      Existing Business Development              Business Development            Committee Member




                                                                 Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                 423
                                                                     Annual and Sustainability Report
Page 424
                                     Tata Kelola Perusahaan
                                     Good Corporate Governance




       Nama                            Jabatan                                  Keahlian             Kedudukan dalam Komite
       Name                            Position                                 Expertise            Position in the Committee

 Emanuel                Executive Vice President of Subsidiary      Manajemen                      Anggota Komite
 Kurniawan              Management                                  Management                     Committee Member
 Kriswijayanto

 Jagatsyah              Executive Vice President of Finance         Keuangan                       Anggota Komite
 Aminullah              Consolidation                               Finance                        Committee Member

 Albertus Indarko       Acting Executive Vice President of          Sistem Informasi               Anggota Komite
 Wiyogo                 Information System                          Information Systems            Committee Member

 Suryawan Putra Hia     Executive Vice President of Logistics       Logistik                       Anggota Komite
                                                                    Logistics                      Committee Member

 Dewi Aju               Vice President of Digital Business          Niaga                          Anggota Komite
 Damajanti                                                          Business                       Committee Member

 Riyanta                Vice President of Freight Marketing,        Niaga                          Anggota Komite
                        Sales, and Customer Care                    Business                       Committee Member

 Romie Prihandoko       Acting Vice President Non Train Crew        Operasional                    Anggota Komite
                        Management                                  Operational                    Committee Member

 Bondan Montiliyu       Acting Vice President of Track              Operasional                    Anggota Komite
                                                                    Operational                    Committee Member

 Mohammad Kahfi         Vice President of Signalling                Operasional                    Anggota Komite
                        Maintenance                                 Operational                    Committee Member

 Alim Pratikno          Acting Vice President Legal Dispute         Hukum                          Anggota Komite
                        Resolution                                  Law                            Committee Member


Independensi Komite Evaluasi Jabatan                                 Independence of the Position Evaluation Committee
Perseroan telah memastikan bahwa seluruh anggota                     The Company has ensured that all members of the
Komite Evaluasi Jabatan tidak memiliki afiliasi dengan               Position Evaluation Committee have no affiliation with
anggota Direksi, anggota Dewan Komisaris, ataupun                    members of the Board of Directors, members of the Board
pemegang saham pengendali. Selain itu, anggota Komite                of Commissioners, or controlling shareholders. In addition,
Evaluasi Jabatan bukan merupakan bagian dari                         members of the Position Evaluation Committee are not
pemegang saham Perseroan. Dengan demikian, anggota                   part of the Company's shareholders. In this way, members
Komite Evaluasi Jabatan dipastikan dapat bersikap                    of the Position Evaluation Committee are assured of being
independen dalam melaksanakan tugas dan tanggung                     able to act independently in carrying out their duties
jawab serta terbebas dari hal-hal yang berpotensi                    and responsibilities and are free from matters that have
memengaruhi kemampuan untuk bekerja secara                           the potential to affect their ability to work professionally,
profesional, khususnya sebagai akibat adanya hubungan                especially as a result of affiliated relationships with the
afiliasi dengan pengurus atau pemegang saham                         management or shareholders of the Company.
Perseroan.

Rapat Komite dan Laporan Singkat Pelaksanaan                         Committee Meeting and Brief Report on the
Kegiatan Komite Evaluasi Jabatan Tahun 2023                          Implementation of Position Evaluation Committee
                                                                     Activities in 2023
Pada tahun 2023, Komite Evaluasi Jabatan telah                       In 2023, the Position Evaluation Committee carried out
melaksanakan tugas dan tanggung jawabnya melalui                     its duties and responsibilities through meetings, with
penyelenggaraan rapat, dengan agenda sebagai berikut.                the following agenda:


                                                                                                   Alasan             Nota
                                                             Peserta Rapat
  Tanggal                  Agenda Rapat                                          Kehadiran     Ketidakhadiran       Undangan
                                                               Meeting
   Date                   Meeting Agenda                                         Attendance      Reason for         Invitation
                                                              Attendance
                                                                                                  Absence             Note

 27 Februari                                             Komite Evaluasi
                 Rapat Re-Evaluasi Tingkat Jabatan
 2023 /                                                  Jabatan                  Lengkap
                 Position Level Re-Evaluation                                                         -
 February                                                Position Evaluation      Complete
                 Meeting
 27 th, 2023                                             Committee                                                 RDS No 156/
                                                                                                                   KG.113/II/KA/
 28 Februari                                             Komite Evaluasi                                               2023
                 Rapat Re-Evaluasi Tingkat Jabatan
 2023 /                                                  Jabatan                  Lengkap
                 Position Level Re-Evaluation                                                         -
 February                                                Position Evaluation      Complete
                 Meeting
 28 th, 2023                                             Committee




                         Laporan Tahunan dan Keberlanjutan
424                                                                                            PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 425
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                                                  Alasan             Nota
                                                          Peserta Rapat
   Tanggal                Agenda Rapat                                        Kehadiran       Ketidakhadiran       Undangan
                                                            Meeting
    Date                 Meeting Agenda                                       Attendance        Reason for         Invitation
                                                           Attendance
                                                                                                 Absence             Note

 1 Maret                                                Komite Evaluasi
                Rapat Re-Evaluasi Tingkat Jabatan
 2023 /                                                 Jabatan                Lengkap
                Position Level Re-Evaluation                                                         -
 March 1 st,                                            Position Evaluation    Complete
                Meeting
 2023                                                   Committee

 2 Maret                                                Komite Evaluasi
                Rapat Re-Evaluasi Tingkat Jabatan
 2023 /                                                 Jabatan                Lengkap
                Position Level Re-Evaluation                                                         -
 March 2 nd,                                            Position Evaluation    Complete
                Meeting
 2023                                                   Committee

 3 Maret                                                Komite Evaluasi
                Rapat Re-Evaluasi Tingkat Jabatan
 2023 /                                                 Jabatan                Lengkap
                Position Level Re-Evaluation                                                         -
 March 3 rd,                                            Position Evaluation    Complete
                Meeting
 2023                                                   Committee

                                                        Komite Evaluasi
 27 April       Rapat Re-Evaluasi Tingkat Jabatan                                                                  RDS No 7/
                                                        Jabatan                Lengkap
 2023 / April   Position Level Re-Evaluation                                                         -            KO.105/IV/KA/
                                                        Position Evaluation    Complete
 27 th, 2023    Meeting                                                                                               2023
                                                        Committee

                Pembahasan Lanjutan Re-evaluasi
                Tingkat Jabatan D1, D3, D4, D5 dan      Komite Evaluasi
 4 Mei 2023 /                                                                                                      RDS No 1/
                D8                                      Jabatan                Lengkap
 May 4 th,                                                                                           -            KO.105/V/KA/
                Continued Discussion of Re-             Position Evaluation    Complete
 2023                                                                                                                 2023
                evaluation of Position Levels D1, D3,   Committee
                D4, D5 and D8

                Rapat Tindak Lanjut Hasil Re-
                Evaluasi Tingkat Jabatan KAI dan
                Penetapan Tingkat Jabatan Anak
                                                        Komite Evaluasi
 9 Mei 2023 /   Perusahaan (Scooping)                                                                               RDS No
                                                        Jabatan                Lengkap
 May 9 th,      Follow-up Meeting on the Results                                                     -           KO.105/V/1/KA-
                                                        Position Evaluation    Complete
 2023           of Re-Evaluation of KAI Position                                                                      2023
                                                        Committee
                Levels and Determination of
                Subsidiary Position Levels
                (Scooping)

                Rapat Tindak Lanjut Hasil Re-           Komite Evaluasi
 26 Juni                                                                                                           RDS No 9/
                Evaluasi Tingkat Jabatan                Jabatan                Lengkap
 2023 / June                                                                                         -            KO.105/VI/KA/
                Follow-up Meeting on Position           Position Evaluation    Complete
 26 th, 2023                                                                                                          2023
                Level Re-Evaluation Results             Committee


Melalui rapat-rapat tersebut, Komite Evaluasi Jabatan telah        Through these meetings, the Position Evaluation
menetapkan 1.096 jabatan dilakukan re-evaluasi, dan                Committee has re-evaluated 1,096 positions, while the
sisanya sebanyak 5.322 jabatan tidak dilakukan re-                 remaining 5,322 positions were not re-evaluated. The re-
evaluasi. Selanjutnya, Re-evaluasi Tingkat Jabatan yang            evaluation of job levels conducted by the Position
dilaksanakan oleh Komite Evaluasi Jabatan menghasilkan             Evaluation Committee resulted in decisions where 127
keputusan sejumlah 127 posisi mengalami kenaikan dan               positions experienced increases, with a total cost increase
dengan total kenaikan biaya tidak lebih dari Rp 10 miliar          of no more than Rp10 billion per year, as detailed in the
per tahun, seperti dituangkan dalam notulen keputusan              minutes of the re-evaluation decisions reviewed by all
re-evaluasi tingkat jabatan yang diperiksa oleh seluruh            members of the Position Evaluation Committee.
anggota Komite Evaluasi Jabatan




                                                17%
                                                                          Usulan Re-Evaluasi - 1096
                                                                          Re-Evaluation Proposal - 1096
Total: 6418 Jabatan
Total: 6418 Position
                                                                          Tidak diusulkan Re-Evaluasi - 5322

                                 83%                                      Not Proposed for Re-Evaluation - 5322




                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  425
                                                                       Annual and Sustainability Report
Page 426
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




Pada Agustus 2023, Manajemen telah mengeluarkan                     In August 2023, Management issued Director's
Peraturan Direksi Nomor PER.U/KO.104/VIII/1/KA-2023                 Regulation     Number       PER.U/KO.104/VIII/1/KA-2023
tentang Perubahan atas Peraturan Direksi Nomor PER.                 regarding Amendments to Director's Regulation Number
U/KO.104/I/1/KA-2023 tentang Tingkat Jabatan. Peraturan             PER.U/KO.104/I/1/KA-2023 concerning Job Levels. This
Direksi tersebut berisikan perubahan tingkat jabatan yang           Director's Regulation contains changes in job levels that
dilakukan re-evaluasi sebanyak 127 posisi dari 1.096 posisi         were re-evaluated for 127 positions out of 1,096 positions
yang di re-evaluasi.                                                that were re-evaluated.

KOMITE VERIFIKASI KINERJA PEKERJA                                   EMPLOYEE PERFORMANCE VERIFICATION
                                                                    COMMITTEE
Komite Verifikasi Kinerja Pekerja merupakan komite yang             The Employee Performance Verification Committee is a
dibentuk guna mendukung Direksi dalam melakukan                     committee formed to support the Board of Directors in
percepatan progres verifikasi kinerja pekerja dan dalam             accelerating the progress of employee performance
rangka mewujudkan pelaksanaan sistem manajemen                      verification and in realizing the implementation of the
kinerja pekerja.                                                    employee performance management system.

Tugas dan Tanggung Jawab Komite Verifikasi Kinerja                  Duties and Responsibilities of the Employee
Pekerja                                                             Performance Verification Committee
Sebagai organ pendukung Direksi, Komite Verifikasi                  As a supporting organ for the Board of Directors, the
Kinerja Pekerja secara khusus memiliki tugas dan                    Employee      Performance     Verification   Committee
tanggung jawab untuk melaksanakan hal-hal yang                      specifically has the duties and responsibilities to carry
diperlukan oleh Direksi dalam pelaksanaan sistem                    out matters required by the Board of Directors in
manajemen kinerja pekerja Perseroan.                                implementing the Company's employee performance
                                                                    management system.

Struktur dan Keanggotaan Komite Verifikasi Kinerja                  Structure and Membership of the Employee
Pekerja                                                             Performance Verification Committee
Struktur dan keanggotaan Komite Verifikasi Kinerja                  The structure and membership of the 2022 Worker
Pekerja tahun 2022 adalah sebagai berikut:                          Performance Verification Committee are as follows:


           Nama                                          Jabatan                                          Kedudukan
           Name                                          Position                                            Role

 Krisna Arianto           Vice President of Non Transport Commercialization                       Kantor Pusat / Head Office

 Riyanta                  Vice President of Freight Marketing, Sales, and Customer Care           Kantor Pusat / Head Office

 Yoga Bhirawa             Vice President of Passenger Ticketing Sales                             Kantor Pusat / Head Office

 Agus Laksana Susanto     Vice President of Train Operation Control and Evaluation                Kantor Pusat / Head Office

 Muhammad Arifudin        Vice President of Infrastructure Assets                                 Kantor Pusat / Head Office

 Nyoman Pasek Priatno     Vice President of Rolling Stock Assets                                   Kantor Pusat / Head Office

 Sigit Winarto            Vice President of Safety                                                 Kantor Pusat / Head Office

 Bachoirullazi            Vice President of Project Planning                                       Kantor Pusat / Head Office

 Andi Gumilar             Vice President of Evaluation, Monitoring and Administration              Kantor Pusat / Head Office

 Arman Hidayat            Vice President of Quality Assurance and Good Corporate Governance        Kantor Pusat / Head Office

 Edy Setiawan             Vice President of Dissemination and Risk Management Procedure            Kantor Pusat / Head Office

 Achmad Hermansjah        Vice President of Budgeting                                              Kantor Pusat / Head Office

 Tatang Kusdiman          Vice President of Corporate Social Responsibility                        Kantor Pusat / Head Office




                        Laporan Tahunan dan Keberlanjutan
426                                                                                         PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 427
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Pelatihan dan/atau Peningkatan Kompetensi Komite                  Training and/or Competency Enhancement for the
Verifikasi Kinerja Pegawai                                        Employee Performance Verification Committee
Pada tahun 2023, anggota Komite Verifikasi Kinerja                In 2023, members of the Employee Performance
Pegawai mengikuti sejumlah kegiatan pelatihan dan/atau            Verification Committee participated in several training
peningkatan kompetensi dengan perincian sebagai                   and/or competency enhancement activities, detailed as
berikut:                                                          follows:


                   Nama                   Jabatan              Kedudukan                          Pelatihan
  No
                   Name                   Position              Position                           Training

        Irlangga                  Vice President of                            Workshop Penyusunan SOP KVKP oleh Next Idea
                                                              Kantor Pusat /
   1                              Evaluation, Monitoring                       (1-2 November 2023) / SOP Preparation Workshop
        Susan Arimbi                                          Head Office
                                  and Administration                           for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Johan Antonio S.          Vice President of Freight                    Workshop Penyusunan SOP KVKP oleh Next Idea
                                                              Kantor Pusat /
   2                              Marketing, Sales, and                        (1-2 November 2023) / SOP Preparation Workshop
        Kiki .R.Amelia                                        Head Office
                                  Customer Care                                for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Yoga Bhirawa              Vice President of                            Workshop Penyusunan SOP KVKP oleh Next Idea
                                                              Kantor Pusat /
   3                              Passenger Ticketing                          (1-2 November 2023) / SOP Preparation Workshop
                                                              Head Office
                                  Sales                                        for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Cahyo Adi Nugroho         Vice President of                            Workshop Penyusunan SOP KVKP oleh Next Idea
                                                              Kantor Pusat /
   4                              Dissemination and Risk                       (1-2 November 2023) / SOP Preparation Workshop
                                                              Head Office
                                  Management                                   for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Achmad H                                                               Workshop Penyusunan SOP KVKP oleh Next Idea
                                  Vice President of           Kantor Pusat /
   5                                                                           (1-2 November 2023) / SOP Preparation Workshop
                                  Budgeting                   Head Office
                                                                               for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Toufan Akbar              Vice President of Quality                    Workshop Penyusunan SOP KVKP oleh Next Idea
                                                              Kantor Pusat /
   6                              Assurance and Good                           (1-2 November 2023) / SOP Preparation Workshop
                                                              Head Office
                                  Corporate Governance                         for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Noxy Citrea Bridara
                                  Vice President of                            Workshop Penyusunan SOP KVKP oleh Next Idea
        Sugeng Prasetiyo Arifin                               Kantor Pusat /
   7                              Corporate Social                             (1-2 November 2023) / SOP Preparation Workshop
                                                              Head Office
        Pahreza Mandra            Responsibility                               for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Nugraha
                                  Vice President of Non                        Workshop Penyusunan SOP KVKP oleh Next Idea
                                                              Kantor Pusat /
   8    Krisna Arianto            Transport                                    (1-2 November 2023) / SOP Preparation Workshop
                                                              Head Office
                                  Commercialization                            for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Yanuarso S.                                                            Workshop Penyusunan SOP KVKP oleh Next Idea
                                  Vice President of           Kantor Pusat /
   9                                                                           (1-2 November 2023) / SOP Preparation Workshop
                                  Infrastructure Assets       Head Office
                                                                               for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Nyoman Pasek Priatno
                                                                               Workshop Penyusunan SOP KVKP oleh Next Idea
                                  Vice President of Rolling   Kantor Pusat /
  10    Teguh Widodo                                                           (1-2 November 2023) / SOP Preparation Workshop
                                  Stock Assets                Head Office
                                                                               for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Angga D
        BACHOIRULLAZI
                                                                               Workshop Penyusunan SOP KVKP oleh Next Idea
                                  Vice President of Project   Kantor Pusat /
   11   Dedy Erlangga                                                          (1-2 November 2023) / SOP Preparation Workshop
                                  Planning                    Head Office
                                                                               for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Eka Ariyanti
        Billydiaz Taura Mazda
                                                                               Workshop Penyusunan SOP KVKP oleh Next Idea
        Lukman Hakim                                          Kantor Pusat /
  12                              Vice President of Safety                     (1-2 November 2023) / SOP Preparation Workshop
        Baharuddin                                            Head Office
                                                                               for KVKP by Next Idea (November 1 st-2 nd, 2023)
        Luqman Setyo Prayitno
                                  Vice President of Train                      Workshop Penyusunan SOP KVKP oleh Next Idea
                                                              Kantor Pusat /
  13    Kukuh Hery                Operation Control and                        (1-2 November 2023) / SOP Preparation Workshop
                                                              Head Office
                                  Evaluation                                   for KVKP by Next Idea (November 1 st-2 nd, 2023)




                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                 427
                                                                      Annual and Sustainability Report
Page 428
                                       Tata Kelola Perusahaan
                                       Good Corporate Governance




Independensi Komite Verifikasi Kinerja Pekerja                     Independence of the Employee Performance
                                                                   Verification Committee
Perseroan telah memastikan bahwa seluruh anggota                   The Company has ensured that all members of the Worker
Komite Verifikasi Pekerja tidak memiliki afiliasi dengan           Verification Committee have no affiliation with members
anggota Direksi, anggota Dewan Komisaris, ataupun                  of the Board of Directors, members of the Board of
pemegang saham pengendali. Selain itu, anggota Komite              Commissioners, or controlling shareholders. In addition,
Verifikasi Pekerja bukan merupakan bagian dari                     members of the Employee Verification Committee are
pemegang saham Perseroan. Dengan demikian, anggota                 not part of the Company's shareholders. In this way,
Komite Verifikasi Pekerja dipastikan dapat bersikap                members of the Worker Verification Committee are assured
independen dalam melaksanakan tugas dan tanggung                   of being able to act independently in carrying out their
jawab serta terbebas dari hal-hal yang berpotensi                  duties and responsibilities and are free from matters that
memengaruhi kemampuan untuk bekerja secara                         have the potential to affect their ability to work
profesional, khususnya sebagai akibat adanya hubungan              professionally, especially as a result of affiliated
afiliasi dengan pengurus atau pemegang saham                       relationships with the management or shareholders of
Perseroan.                                                         the Company.

Rapat Komite Verifikasi Kinerja Pekerja                            Employee Performance Verification Committee
                                                                   Meeting
Pada tahun 2023 Komite Verifikasi Kinerja Pekerja                  In 2023, the Worker Performance Verification Committee
melaksanakan rapat sejumlah 4 kali. Berikut ini informasi          will hold a number of meetings 4 times. The following is
tanggal pelaksanaan dan agenda rapat Komite Verifikasi             information on the implementation date and agenda for
Kinerja Pekerja.                                                   the Employee Performance Verification Committee
                                                                   meeting.


                                                          Peserta Rapat
  Tanggal                  Agenda Rapat                                       Kehadiran          Alasan Ketidakhadiran
                                                            Meeting
   Date                   Meeting Agenda                                      Attendance           Reason for Absence
                                                           Attendance

 15-16
                Verifikasi Kinerja Pekerja Tahun 2023
 Februari
                oleh Tim KVKP
 2023                                                       Tim KVKP         Hadir Semua
                Employee Performance Verification                                                          -
 Februari                                                  KVKP Team          All Present
                in 2023 by the Employee
 15 th-16 th,
                Performance Verification Team
 2023

                Verifikasi Perencanaan KPI KPI BOD-1,
 7-9 Maret
                Kadaerah-1, KABY-1, LRT-1 Tahun 2023
 2023                                                       Tim KVKP         Hadir Semua
                Verification of KPI Planning for BOD-                                                      -
 Maret 7 th-                                               KVKP Team          All Present
                1, Regional-1, KABY-1, LRT-1 for the
 9 th, 2023
                year 2023

 7-9
                Verifikasi Penilaian Sementara dan
 Agustus
                Evaluasi Target KPI Tahun 2023
 2023                                                       Tim KVKP         Hadir Semua
                Verification of Interim Assessment                                                         -
 Agustus                                                   KVKP Team          All Present
                and Evaluation of KPI Targets for the
 7 th-9 th,
                Year 2023
 2023

 1-2            Workshop Penyusunan SOP Verifikasi
 November       Kinerja Pekerja                                               CCC Tidak
                                                                                             Bersamaan dengan Raker CCC
 2023           Workshop on the Development of              Tim KVKP            Hadir
                                                                                              Simultaneous with the CCC
 November       Standard Operating Procedures              KVKP Team         CCC was not
                                                                                                   Meeting Agenda
 1 st-2 nd,     (SOP) for Employee Performance                                 Present
 2023           Verification




                          Laporan Tahunan dan Keberlanjutan
428                                                                                         PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 429
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




LAPORAN SINGKAT PELAKSANAAN                                   BRIEF REPORT ON THE IMPLEMENTATION
KEGIATAN KOMITE VERIFIKASI KINERJA                            OF WORKER PERFORMANCE VERIFICATION
PEKERJA TAHUN 2023                                            COMMITTEE ACTIVITIES IN 2023
Komite Verifikasi Kinerja Pekerja melaksanakan kegiatan       The Employee Performance Verification Committee
verifikasi penilaian kinerja terhadap pekerja berdasarkan     carries out performance assessment verification activities
Keputusan Direksi No. SK.U/KO.101/IX/5/KA-2018 tanggal        for employees based on Directors' Decree No. SK.U/
5 September 2018. Sesuai peraturan tersebut, verifikasi       KO.101/IX/5/KA-2018 dated September 5 th, 2018. In
dilakukan oleh 13 (tiga belas) anggota verifikator yang       accordance with these regulations, verification is carried
telah ditetapkan. Anggota verifikator tersebut dibantu        out by 13 (thirteen) designated verifier members. The
oleh Tim SDM Daerah, yang melakukan Verifikasi Awal           verifier members are assisted by the Regional HR Team,
Data Dukung Pekerja milik KADAOP-1/KADIVRE-1.                 which carries out Initial Verification of Worker Support
                                                              Data belonging to KADAOP-1/KADIVRE-1.

Kegiatan Verifikasi Kinerja Pekerja untuk tahun 2023          Worker Performance Verification activities for 2023 will
dilaksanakan secara offline dengan perincian timeline         be carried out offline with the detailed timeline as follows:
sebagai berikut:

  1. Workshop Penyusunan Perencanaan KPI Tahun                   1. Workshop on KPI Planning for 2023 for BOD-1/
     2023 untuk BOD-1/KADaerah-1/LRT-1/KABY-1                       KADaerah-1/LRT-1/KABY-1
     Verifikasi Perencanaan Kinerja BOD-1,KA Daerah-1,              The KPI Planning Verification for BOD-1, KA Daerah-1,
     KA BY-1, LRT-1 Tahun 2023 dilaksanakan pada tanggal            KA BY-1, and LRT-1 for 2023 was conducted from
     7-9 Maret 2023. Verifikasi Perencanaan Kinerja                 March 7 th-9 th, 2023. The verification was carried out
     Tahun 2023 dilakukan dengan metode konsinyering                using a consignment method by the Employee
     oleh Tim Komite Verifikasi Kinerja Pekerja bersama             Performance Verification Committee along with the
     dengan Tim Pembina Teknis dan Tim Implementasi                 Technical Guidance Team and KPI Implementation
     KPI. Verifikasi Perencanaan dilakukan terhadap 32              Team. Verification was performed on 32 BOD-1
     Jabatan BOD-1 di Kantor Pusat dan LRT serta 46                 positions at the Head Office and LRT, and 46
     Jabatan      KADAERAH-1/KABY-1/LRT-1.     Verifikasi           KADAERAH-1/KABY-1/LRT-1 positions. This year's
     Perencanaan pada tahun ini selain berfokus pada                verification focused not only on the selected KPI
     Indikator KPI yang dipilih serta target apabila                indicators and targets if available but also on the
     sudah ada, berfokus juga terhadap deployment KPI               deployment of KPIs in each work unit, as
     di setiap unit kerja yang tertuang di dalam berita             documented in the respective minutes. The minutes
     acara masing – masing unit. Berita Acara                       serve as a joint commitment between the
     dibutuhkan sebagai komitmen bersama antara tim                 verification team, implementation team, and unit
     verifikator, tim implementasi dan perwakilan unit              representatives to support inter-unit indicators
     untuk mendukung indikator antar unit yang terlihat             visible from a horizontal alignment perspective. The
     dari sisi horizontal alignment. Hasil verifikasi               results of the 2023 planning verification produced
     perencanaan       2023   menghasilkan     beberapa             several documents, including:
     dokumen seperti :
       a. Tersedia Dokumen Kesepakatan Kerja                         a. Available Work Agreement Documents
       b. Tersedia Dokumen Katalog KPI update                        b. Updated KPI Catalog Documents
       c. Tersedia Dokumen Deployment yang sudah                     c. Deployment Documents signed by each unit
          diparaf dimasing – masing unit
       d. Tersedia Dokumen Berita Acara                              d. Minutes Documents

  2. Verifikasi Penilaian Sementara dan Evaluasi Target          2. Verification of Interim Assessment and Target
     Tahun 2023                                                     Evaluation for 2023
     Verifikasi Penilaian Sementara dan Evaluasi Target             The interim assessment and target evaluation for
     KPI Tahun 2023 dilakukan oleh Komite Verifikasi                KPIs in 2023 were conducted by the Employee
     Kinerja Pekerja sesuai Peraturan Direksi Nomor SK.U/           Performance Verification Committee in accordance
     K0.101/IV /l/KA-2022 tanggal 13 April 2022. Dengan             with Director’s Regulation Number SK.U/K0.101/IV/
     beranggotakan 13 anggota verifikator yang telah                I/KA-2022 dated April 13 th, 2022. This involved 13
     ditetapkan dalam peraturan direksi tersebut.                   verification members appointed under the director's
     Verifikasi dilakukan kepada 310 Jabatan BOD-1/                 regulation. The verification was performed on 310
     Kadaop-1/Kadivre-1/KABY-1/LRT-1. Verifikasi Penilaian          positions of BOD-1/Kadaop-1/Kadivre-1/KABY-1/LRT-1.
     Sementara dan Evaluasi Target Tahun 2023 secara                The interim assessment and target evaluation for
     offline di Sheraton Bandung Hotel and Towers, l. Ir.           2023 were conducted offline at Sheraton Bandung
     H. Juanda No.390, Dago, Kecamatan Coblong, Kota                Hotel and Towers, Jl. Ir. H. Juanda No.390, Dago,
     Bandung, Jawa Barat selama 2 (hari), dengan rincian            Kecamatan Coblong, Bandung City, West Java, for
     timeline sebagai berikut :                                     2 days, with the following timeline details:




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             429
                                                                 Annual and Sustainability Report
Page 430
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




       a. 31 Juli-2 Agustus 2023 : Persiapan Verifikasi            a. July 31 st - August 2 nd, 2023: Preparation for the
          Penilaian Sementara dan Evaluasi Target KPI                 Interim Assessment and Target Evaluation for
          Tahun 2023                                                  2023 KPI.
       b. 4 Agustus 2023 : Briefing Verifikasi Penilaian           b. August 4 th, 2023: Briefing on the Interim
          Sementara dan Evaluasi Target KPI Tahun 2023                Assessment and Target Evaluation for 2023 KPI.
       c. 7-9 Agustus 2023 : Verifikasi Penilaian                  c. August 7 th-9 th, 2023: Offline verification of the
          Sementara dan Evaluasi Target KPI Tahun 2023                Interim Assessment and Target Evaluation for
          secara offline.                                             2023 KPI.
       d. 21 Agustus 2023 : Penyampaian Hasil Verifikasi           d. August 21 st, 2023: Presentation of the Interim
          Penilaian    Sementara     oleh    KVKP   dan               Assessment        Results    by    the   Employee
          Pemberitahuan Pembukaan Periode Revisi                      Performance Verification Committee (KVKP) and
          sebagai tindak lanjut hasil Verifikasi                      announcement of the opening of the revision
                                                                      period as a follow-up to the verification results.
       e. 21 Agustus 2023-30 Agustus 2023 : Periode Revisi         e. August 21 st - August 30 th, 2023: Revision period
          Penilaian Sementara dan Perencanaan bagi                    for the Interim Assessment and Planning for
          jabatan yang mengalami revisi.                              positions that underwent revisions.

      Verifikasi penilaian sementara dan evaluasi target         The interim assessment and target evaluation were
      baru pertama kali dilaksanakan di tahun 2023 ini           conducted for the first time in 2023 as part of the
      sebagai wujud penerapan KPI untuk salah satu               KPI implementation for one of the remuneration
      perhitungan remunerasi. Verifikasi dilakukan               calculations. The verification was performed on the
      terhadap hasil pencapaian kinerja Semester 1               performance results of Semester 1, followed by the
      kemudian dilanjutkan dengan evaluasi target pada           evaluation of targets for positions one level below
      KPI jabatan satu tingkat di bawah Direksi/BOD-1/           the Director/BOD-1/LRT-1 (for the Central Office) and
      LRT-1 (untuk Kantor Pusat) dan satu tingkat di             one level below the Regional Head/KADAOP/
      bawah Kepala Daerah/KADAOP/KADIVRE-1/KABY-1                KADIVRE-1/KABY-1 (for the Regions). In the 2023
      (untuk     Daerah).   Pada     Verifikasi   Penilaian      Interim Assessment and Target Evaluation, the
      Sementara dan Evaluasi Target Tahun 2023 ini, Tim          verification team reviewed 310 positions for both
      Verifikator melakukan verifikasi terhadap 310 jabatan      the Central Office and the Regions.
      untuk Kantor Pusat dan Daerah.

      Dari total 310 jabatan, terdapat 136 jabatan yang          Out of the total 310 positions, 136 positions underwent
      mengalami revisi, baik revisi penilaian, revisi            revisions, including revisions of assessments,
      perencanaan maupun revisi penilaian dan                    planning, or both, resulting in a change percentage
      perencanaan dengan prosentase perubahan                    of 43.87%.
      sebesar 43,87%.

  3. Verifikasi Penilaian Akhir Tahun 2023                     3. Final Evaluation Verification for 2023
     Verifikasi Penilaian Kinerja Pekerja Tahun 2023              The final performance assessment for 2023 is
     dilakukan oleh Komite Verifikasi Kinerja Pekerja             conducted by the Performance Verification
     sesuai Peraturan Direksi Nomor SK.U/K0.101/IV /l/KA-         Committee in accordance with Director's Regulation
     2022 tanggal 13 April 2022. dengan beranggotakan             No. SK.U/K0.101/IV/1/KA-2022 dated April 13 th, 2022.
     13 anggota verifikator yang telah ditetapkan dalam           This committee comprises 13 designated verifiers,
     peraturan direksi tersebut dan sebagai tambahan              as well as additional members from the Regional
     dari Tim SDM Daerah. Verifikasi Kinerja Pekerja pada         HR team. This year's performance verification takes
     tahun ini dilaksanakan secara offline di Holiday Inn         place offline at the Holiday Inn Bandung Pasteur,
     Bandung Pasteur, Jl l. Dr. D junjunan No.96, Pasteur,        Jl. Dr. D junjunan No.96, Pasteur, Kec. Sukajadi, Kota
     Kec. Sukajadi, Kota Bandung Jawa Barat dengan                Bandung, Jawa Barat, with the following timeline:
     rincian timeline sebagai berikut :
       a. 20 Desember 2023 – 15 Januari 2024 2023 :                a. December 20 th, 2023 – January 15 th, 2024: Final
          Penilaian Akhir KPI Tahun 2023                              KPI Assessment for 2023
       b. 15 Januari – 2 Februari 2024 : Persiapan                 b. January 15 th – February 2 nd, 2024: Preparation
          Dokumen Untuk Verifikasi Penilaian Akhir KPI                of Documents for Final KPI Assessment
          Tahun 2023                                                  Verification
       c. 5-7 Februari 2024 : Verifikasi Kinerja Pekerja           c. February 5th-7th, 2024: Performance Verification
          Tahun 2023 oleh Tim KVKP secara offline.                    for 2023 by the KVKP Team, conducted offline
       d. 12-16 Februari 2024 : Input Skor Hasil Verifikasi        d. February 12 th-16 th, 2024: Input of Verification
          dan Running NKI di dalam sistem Prestasiku                  Scores and Running NKI in the Prestasiku
                                                                      system




                       Laporan Tahunan dan Keberlanjutan
430                                                                                  PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 431
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




     Verifikasi dilakukan terhadap hasil pencapaian                 The verification focuses on the performance results
     kinerja jabatan satu tingkat di bawah Direksi/BOD-1            of positions one level below the Director/BOD-1 (for
     (untuk Kantor Pusat) dan satu tingkat di bawah                 Headquarters) and one level below the Regional
     Kepala Daerah/KADIVRE/KABY/LRT-1 (untuk Daerah).               Heads/KADIVRE/KABY/LRT-1 (for Regions). In 2023,
     Pada Tahun 2023 ini, Tim KVKP melakukan verifikasi             the KVKP Team conducted verification for 308
     terhadap 308 jabatan untuk Kantor Pusat dan                    positions at Headquarters and in the Regions. This
     Daerah. Metode pelaksanaan verifikasi kinerja                  year, the verification method involved the Technical
     pekerja pada tahun ini dilakukan dengan                        Assistance Team to facilitate the KVKP Team in
     melibatkan      Tim     Pembina     Teknis    untuk            confirming performance support data for Regional
     mempermudah Tim KVKP mengkonfirmasi data                       Heads/KADIVRE/KABY-1.
     dukung kinerja Kepala Daerah/KADIVRE/KABY-1.

     Dari 1.728 indikator terhadap 308 Jabatan di Kantor            Of the 1,728 indicators for the 308 positions at
     Pusat dan Daerah tersebut, total 100% indikator                Headquarters and in the Regions, 100% of the
     dapat dilakukan verifikasi oleh Tim KVKP dengan                indicators were verified by the KVKP Team, with
     beberapa revisi penyesuaian pada realisasi yang                some revisions to align with supporting data.
     disesuaikan dengan data dukung. Selanjutnya, dari              Furthermore, out of the total 308 positions at
     total 308 Jabatan di Kantor Pusat dan Daerah                   Headquarters and in the Regions, as well as 20
     beserta 20 Jabatan Kepala Daerah, terdapat 213                 Regional Head positions, 213 positions had their NKJ
     Jabatan yang NKJ-nya mengalami perubahan                       (Performance Index) changed after verification,
     setelah verifikasi, sehingga prosentase perubahan              resulting in a percentage change in NKJ of 64.63%.
     NKJ sebesar 64,63 %. Pada KPI Kepala Daerah, dari              For the Regional Heads, all 20 positions experienced
     20 jabatan Kepala Daerah, seluruhnya mengalami                 changes in NKJ due to adjustments in the score
     perubahan NKJ karena penyesuaian perhitungan                   calculation from a maximum of 100 to 110.
     skor dari maksimal 100 menjadi 110.

  4. Workshop Penyusunan SOP KVKP                                4. Workshop on KVKP SOP Preparation
     Merupakan kegiatan yang dihadiri oleh seluruh Tim              This workshop, attended by all KVKP Team members
     KVKP dan perwakilannya untuk melakukan                         and their representatives, focused on the
     penyusunan SOP Verifikasi Kinerja Pekerja.                     preparation of the Performance Verification SOP.
     Workshop Penyusunan SOP KVKP dilaksanakan                      The event was held offline at Sensa Hotel Bandung
     secara offline di Sensa Hotel Bandung pada 1-2                 on November 1 st-2 nd, 2024, with 27 attendees from
     November 2024 dengan dihadiri oleh 27 orang dari               the KVKP Team. The CCC unit was unable to attend
     perwakilan Tim KVKP, pada saat kegiatan ini unit               due to a scheduling conflict with their own work
     CCC tidak bisa hadir karena bersamaan dengan                   meeting. The workshop began with a session led
     Rapat Kerja Unit CCC. Kegiatan diawali dengan                  by Next Idea Consultant and was followed by group
     Workshop yang disampaikan oleh Next Idea                       discussions to review the Draft SOP for Performance
     Consultant, kemudian dilanjutkan kegiatan diskusi              Verification. The workshop resulted in a draft SOP,
     kelompok untuk membahas mengenai Draft SOP                     which will be circulated via RDS to the entire KVKP
     Verifikasi Kinerja Pekerja. Dari kegiatan tersebut,            Team.
     menghasilkan draft SOP Verifikasi Kinerja Pekerja
     yang kemudian akan dilakukan sirkulir via RDS
     kepada seluruh Tim KVKP.

Komite Verifikasi Kinerja Pekerja melaksanakan kegiatan       The Performance Verification Committee carried out
verifikasi penilaian kinerja terhadap pekerja berdasarkan     performance assessment verification for employees based
Keputusan Direksi No. SK.U/KO.101/IX/5/KA-2018 tanggal        on Director’s Decree No. SK.U/KO.101/IX/5/KA-2018 dated
5 September 2018. Sesuai peraturan tersebut, verifikasi       September 5 th, 2018. According to the regulation,
dilakukan oleh 13 (tiga belas) anggota verifikator yang       verification was conducted by 13 designated verifiers.
telah ditetapkan. Anggota verifikator tersebut dibantu        These verifiers were assisted by the Regional HR Team,
oleh Tim SDM Daerah, yang melakukan Verifikasi Awal           which performed initial verification of supporting data
Data Dukung Pekerja milik KADAOP-1/KADIVRE-1.                 for KADAOP-1/KADIVRE-1 employees.




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             431
                                                                 Annual and Sustainability Report
Page 432
                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




KOMITE KESELAMATAN TINGKAT PUSAT                             CENTRAL SAFETY COMMITTEE
Komite Keselamatan Tingkat Pusat merupakan komite            The Central Level Safety Committee is a committee
yang dibentuk untuk mendukung Direksi dalam                  formed to support the Board of Directors in managing
mengatur Sistem Manajemen Keselamatan Perkeretaapian.        the Railway Safety Management System. As a supporting
Sebagai organ pendukung Direksi, Komite Keselamatan          organ for the Board of Directors, the Safety Committee
bertanggung jawab secara langsung kepada Direktur            is directly responsible to the President Director.
Utama.

Tugas dan Tanggung Jawab Komite Keselamatan                  Duties and Responsibilities of the Central Level Safety
Tingkat Pusat                                                Committee
Sesuai denganKeputusan Direksi PT Kereta Api Indonesia       In accordance with the Directors' Decree of PT Kereta
(Persero) Nomor: SK.U/KO.101/I/2/KA-2024 Tentang             Api Indonesia (Persero) Number: SK.U/KO.101/I/2/KA-2024
Perubahan Atas Keputusan Direksi Nomor SK.U/KO.101/          Regarding the Amendment to the Directors' Decree
IV/1/KA/2020   Tentang     Pembentukan         Komite        Number     SK.U/KO.101/IV/1/KA/2020    Regarding    the
Keselamatan Tingkat Pusat pada Pasal 1 ayat kedua            Establishment of the Central Safety Committee in Article
tertulis:                                                    1, paragraph two, it is written:

  a. Menetapkan kebijakan keselamatan dan kebijakan            a. Establish the Company's safety and security policies;
     keamanan Perusahaan;
  b. Menentukan strategi keselamatan dan keamanan              b. Determine safety and security strategies to achieve
     untuk mencapai target kinerja keselamatan dan                the Company's safety and security performance
     keamanan Perusahaan;                                         targets;
  c. Meninjau profil risiko keselamatan dan keamanan           c. Review safety and security risk profiles and the efforts
     serta upaya pengendalian risikonya;                          to control those risks;
  d. Menyusun dan memeriksa program kerja dan kinerja          d. Develop and review the Company's safety and
     keselamatan dan keamanan Perusahaan;                         security work programs and performance;
  e. Melakukan pembahasan bersama terkait kendala              e. Conduct joint discussions regarding technical issues,
     teknis meliputi keselamatan operasi, keselamatan             including operational safety, infrastructure safety,
     prasarana, keselamatan sarana, dan keamanan yang             equipment safety, and security that occurred in the
     terjadi pada 1 (satu) bulan sebelumnya yang akan             previous month and may impact the Company,
     berdampak pada Perusahaan beserta tindak lanjut              along with follow-up actions;
     penanganannya;
  f. Mengambil keputusan terhadap permasalahan                 f. Make decisions on safety and security issues that
     keselamatan dan keamanan yang tidak dapat                    cannot be resolved at the regional level;
     diselesaikan oleh Daerah;
  g. Gelakukan keterlibatan dan konsultasi dengan SDM          g. Engage and consult with the Company's human
     Perusahaan dalam Sistem Manajemen Keselamatan                resources in the Railway Safety Management
     Perkeretaapian (SMKP);                                       System (SMKP);
  h. Melakukan tinjauan penerapan Sistem Manajemen             h. Review the implementation of the Railway Safety
     Keselamatan Perkeretaapian (SMKP) dan Sistem                 Management System (SMKP) and the Security
     Manajemen Pengamanan (SMP) untuk peningkatan                 Management System (SMP) for continuous
     secara berkelanjutan;                                        improvement;
  i. Mengevaluasi efektivitas penggunaan alat pelindung        i. Evaluate the effectiveness of personal protective
     diri, peralatan keselamatan kerja, peralatan                 equipment, safety equipment, emergency handling
     penanganan keadaan darurat, cara kerja, proses               equipment, work methods, work processes, work
     kerja, kondisi lingkungan kerja dan pengelolaan              environment conditions, and environmental
     lingkungan hidup;                                            management;
  j. Mengevaluasi      kebijakan   Perusahaan,     serta       j. Evaluate the Company's policies and the
     implementasi peraturan perundang-undangan                    implementation of relevant laws and regulations
     dan peraturan lainnya yang relevan di bidang                 in the field of railway safety, occupational health
     keselamatan perkeretaapian, keselamatan dan                  and safety, and security;
     kesehatan kerja, serta keananan;
  k. Melakukan pertemuan rutin yang dilaksanakan setiap        k. Hold regular meetings every Thursday in the first
     hari Kamis di minggu pertama setiap bulannya dan             week of each month, and if necessary, the regular
     dalam hal diperlukan, pelaksanaan pertemuan rutin            meetings can be held according to the needs of
     dapat dilaksanakan sesuai dengan kebutuhan                   the Safety Committee; and
     Komite Keselamatan; dan
  l. Berkoordinasi dengan pihak internal dan/atau              l. Coordinate with internal and/or external parties of
     eksternal Perusahaan terkait dengan permasalahan             the Company regarding railway operational safety,
     keselamatan operasional kereta api, keselamatan              occupational health and safety, and security issues.
     dan Kesehatan kerja, serta keamanan.




                     Laporan Tahunan dan Keberlanjutan
432                                                                                   PT Kereta Api Indonesia (Persero)
                       Annual and Sustainability Report
Page 433
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Struktur dan Keanggotaan Komite Keselamatan                      Structure and Membership of the Central Safety
Tingkat Pusat                                                    Committee
Struktur dan keanggotaan Komite Keselamatan Tingkat              The structure and membership of the Central Level Safety
Pusat pada posisi 31 Desember ialah sebagai berikut.             Committee as of December 31 st is as follows.

                                         Jabatan                                                     Kedudukan
  No
                                         Position                                             Position in The Committee

        Direktur Keselamatan dan Keamanan / Managing Director of Safety and           Ketua
   1
        Security                                                                      Chief

        Direktur SDM dan Umum / Managing Director of Human Resources and              Wakil Ketua
   2
        General Affairs                                                               Vice Chairman

                                                                                      Sekretaris
   3    Executive Vice President of Corporate Secretary
                                                                                      Secretary

                                                                                      Anggota
   4    Direktur Niaga / Managing Director of Commerce
                                                                                      Member

                                                                                      Anggota
   5    Direktur Operasi / Managing Director of Operations
                                                                                      Member

                                                                                      Anggota
   6    Direktur Pengelolaan Prasarana / Managing Director of Infrastructure
                                                                                      Member

                                                                                      Anggota
   7    Direktur Pengelolaan Sarana / Managing Director of Rolling Stock
                                                                                      Member

        Direktur Perencanaan Strategis dan Pengembangan Usaha / Managing              Anggota
   8
        Director of Strategic Planning and Business Development                       Member

                                                                                      Anggota
   9    Direktur Keuangan / Managing Director of Finance
                                                                                      Member


Independensi Komite Keselamatan Tingkat Pusat                    Independence of the Central Level Safety Committee
Perseroan telah memastikan bahwa seluruh anggota                 The Company has ensured that all members of the Central
Komite Keselamatan Tingkat Pusat tidak memiliki afiliasi         Level Safety Committee have no affiliation with members
dengan anggota Direksi, anggota Dewan Komisaris,                 of the Board of Directors, members of the Board of
ataupun pemegang saham pengendali. Selain itu,                   Commissioners, or controlling shareholders. In addition,
anggota Komite Keselamatan Tingkat Pusat bukan                   members of the Central Level Safety Committee are not
merupakan bagian dari pemegang saham Perseroan.                  part of the Company's shareholders. In this way, members
Dengan demikian, anggota Komite Keselamatan Tingkat              of the Central Level Safety Committee are assured of being
Pusat dipastikan dapat bersikap independen dalam                 able to act independently in carrying out their duties
melaksanakan tugas dan tanggung jawab serta terbebas             and responsibilities and are free from matters that have
dari hal-hal yang berpotensi memengaruhi kemampuan               the potential to affect their ability to work professionally,
untuk bekerja secara profesional, khususnya sebagai              especially as a result of affiliated relationships with the
akibat adanya hubungan afiliasi dengan pengurus atau             management or shareholders of the Company.
pemegang saham Perseroan.




                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                433
                                                                    Annual and Sustainability Report
Page 434
                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




Rapat Komite dan Laporan Singkat Pelaksanaan                 Committee       Meeting   and      Brief   Report  on
Kegiatan Komite Keselamatan Tingkat Pusat Tahun              Implementation of Central Level Safety Committee
2023                                                         Activities in 2023
Pada 2023 diselenggarakan sebanyak 3 kali rapat Komite       In 2023, three Safety Committee meetings were held, as
Keselamatan yang diselenggarkan pada:                        follows:
  a. Notulen Rapat Nomor: NR/40/KG.104/XI/KA/2023               a. Meeting Minutes Number: NR/40/KG.104/XI/KA/2023
     Pelaksanaan Rapat Tanggal 13 November 2023;                   Meeting held on November 13 th, 2023;
  b. Notulen Rapat Nomor: NR/1/KG.104/I/KA/2024                 b. Meeting Minutes Number: NR/1/KG.104/I/KA/2024
     Pelaksanaan Rapat Tanggal 14 Desember 2023;                   Meeting held on December 14 th, 2023;
  c. Notulen Rapat Nomor: NR/4/KG.104/II/KA/2024                c. Meeting Minutes Number: NR/4/KG.104/II/KA/2024
     Pelaksanaan Rapat Nomor: 25 Januari 2024;                     Meeting held on January 25 th, 2024.

KOMITE TEKNOLOGI INFORMASI                                   INFORMATION TECHNOLOGY COMMITTEE
Komite Teknologi Informasi merupakan komite yang             The Information Technology Committee is a committee
dibentuk untuk mendukung Direksi dalam penerapan             formed to support the Board of Directors in
strategi bisnis di dalam upaya pengembangan Perseroan.       implementing business strategies in the Company's
Pembentukan           Komite     Teknologi    Informasi      development efforts. The formation of the Information
dilatarbelakangi oleh kebutuhan Perseroan atas adanya        Technology Committee was motivated by the Company's
kerja sama dan koordinasi dari seluruh bagian KAI, agar      need for cooperation and coordination from all parts of
pengembangan Teknologi Informasi dapat dilaksanakan          KAI, so that Information Technology development could
secara selaras serta sesuai kebutuhan bisnis Perseroan.      be carried out in harmony and according to the Company's
                                                             business needs.

Tugas dan Tanggung Jawab Komite Teknologi                    Duties and Responsibilities of the Information
Informasi                                                    Technology Committee
Komite Teknologi Informasi memiliki tugas dan tanggung       The Information Technology Committee has the following
jawab sebagai berikut:                                       duties and responsibilities:
   1. Menetapkan dan mengevaluasi perencanaan                  1. Determine and evaluate information technology
      strategis teknologi informasi yang disesuaikan               strategic planning that is adapted to the company's
      dengan perencanaan strategis perusahaan dalam                strategic planning in the form of an IT Master Plan
      bentuk dokumen IT Master Plan.                               document.
   2. Menetapkan dan mengevaluasi kebijakan tata kelola        2. Establish and evaluate information technology
      teknologi informasi.                                         governance policies.
   3. Menentukan prioritas dan mengevaluasi rencana            3. Determine priorities and evaluate information
      investasi    teknologi    informasi     termasuk             technology      investment      plans      including
      menetapkan proyek utama di lingkungan                        determining main projects within the Company.
      Perusahaan.
   4. Melakukan review pelaksanaan investasi teknologi         4. Reviewing the implementation of information
      informasi.                                                  technology investments.




                      Laporan Tahunan dan Keberlanjutan
434                                                                                  PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 435
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Struktur dan Keanggotaan Komite Teknologi Informasi               Information Technology Committee Structure and
                                                                  Membership
Berikut ini struktur dan keanggotaan Komite Teknologi             The following is the structure and membership of the
Informasi untuk tahun 2023.                                       Information Technology Committee for 2023.

           Nama                            Jabatan                            Keahlian                       Keterangan
           Name                            Position                             Skill                        Information

                                               Komite Strategi Teknologi Informasi
                                           Information Technology Strategy Committee

 Didiek Hartantyo            Direktur Utama                      Keuangan                           Ketua
                             President Director                  Finance                            Chief

                             Board of Director                                                      Anggota
                                                                                                    Member
 Albertus Indarko Wiyogo     Executive Vice President of         Teknologi Informasi
                             Information System                  Information Technolgy

 Agus Sobari                 Executive Vice President of Risk    Keuangan
                             Management                          Finance

                                              Komite Pengarah Teknologi Informasi
                                           Information Technology Steering Committee

 Salusra Wijaya              Direktur Keuangan dan               Keuangan                           Ketua
                             manajemen Risiko                    Finance                            Chief
                             Managing Director of Finance
                             and Risk Management

                             Perwakilan dari unit kerja                                             Anggota
                             Pemilik Proses Bisnis, Unit                                            Member
                             Sistem Informasi dan Unit lain
                             yang terkait
                             Representatives from the
                             Business Process Owner work
                             unit, Information Systems Unit
                             and other related units


Pelatihan dan/atau Peningkatan Kompetensi Komite                  Training and/or Competency Enhancement for the IT
Teknologi Informasi                                               Committee
Pada tahun 2023, anggota Komite Teknologi Informasi               In 2023, members of the IT Committee participated in
mengikuti sejumlah kegiatan pelatihan dan/atau                    various training and/or competency enhancement
peningkatan kompetensi dengan perincian sebagai                   activities as detailed below:
berikut:

                                               Jenis Pelatihan dan Materi          Waktu dan Tempat
       Nama                Jabatan                      Pelatihan                    Pelaksanaan               Penyelenggara
       Name                Position            Training Types and Training        Time and Location of           Organizer
                                                        Materials                   Implementation

 Didiek Hartantyo     Direktur Utama
                      President Director

 Salusra Wijaya       Direktur Keuangan
                      dan Manajemen
                      Risiko                                                   Rabu, 24 Mei 2023, Ballroom
                      Managing Director       Cyber Security Awareness         JRC, jakarta
                                                                                                               KAI
                      of Finance and          Townhall "Think Before Click"    Wednesday, May 24 th 2023,
                      Risk Management                                          Ballroom JRC, jakarta

 Albertus Indarko     Executive Vice
 Wiyogo               President of
                      Information
                      System




                                                                 Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                 435
                                                                     Annual and Sustainability Report
Page 436
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




Independensi Komite Teknologi Informasi                       Independence of the Information Technology
                                                              Committee
Perseroan telah memastikan bahwa seluruh anggota              The Company has ensured that all members of the
Komite Teknologi Informasi tidak memiliki afiliasi dengan     Information Technology Committee have no affiliation
anggota Direksi, anggota Dewan Komisaris, ataupun             with members of the Board of Directors, members of the
pemegang saham pengendali. Selain itu, anggota Komite         Board of Commissioners, or controlling shareholders. In
Teknologi Informasi bukan merupakan bagian dari               addition, members of the Information Technology
pemegang saham Perseroan. Dengan demikian, Komite             Committee are not part of the Company's shareholders.
Teknologi      Informasi  dipastikan   dapat     bersikap     In this way, the Information Technology Committee is
independen dalam melaksanakan tugas dan tanggung              guaranteed to be able to act independently in carrying
jawab serta terbebas dari hal-hal yang berpotensi             out its duties and responsibilities and is free from matters
memengaruhi kemampuan untuk bekerja secara                    that have the potential to affect the ability to work
profesional, khususnya sebagai akibat adanya hubungan         professionally, especially as a result of affiliated
afiliasi antara anggota dengan pengurus atau pemegang         relationships between members and the management
saham Perseroan.                                              or shareholders of the Company.

Rapat dan Laporan Singkat Pelaksanaan Kegiatan                Meetings and Brief Reports on Implementation of
Komite Teknologi Informasi Tahun 2023                         Information Technology Committee Activities in 2023
Untuk tahun 2023, Komite Teknologi Informasi telah            For 2023, the Information Technology Committee has
melaksanakan tugas dan tanggung jawab melalui                 carried out its duties and responsibilities by holding
penyelenggaraan rapat, dengan materi pembahasan               meetings, with discussion material including information
mencakup perencanaan strategis teknologi informasi,           technology strategic planning, information technology
tata kelola teknologi informasi serta rencana investasi       governance and information technology investment
teknologi informasi.                                          plans.

  Tanggal      Agenda Rapat                   Peserta Rapat                    Kehadiran         Alasan Ketidakhadiran
   Date       Meeting Agenda                Meeting Attendance                 Attendance          Reason for Absence

                                 a. Direktur Utama / President director
                                 b. Direktur Niaga / Managing Director of
                                    Commerce
                                 c. Direktur Operasi / Managing Director of
                                    Operations
                                 d. Direktur Pengelolaan Prasarana /
                                    Managing Director of Infrastructure
                                 e. Direktur Pengelolaan Sarana /
                                    Managing Director of Rolling Stock
 Selasa, 16                      f. Direktur Keselamatan dan Keamanan /
                                                                              Semua Peserta
 Mei 2023     Cyber Security        Managing Director of Safety and
                                                                                Hadir / all
 Tuesday,     Awareness             Security
                                                                               participants
 May 16 th,   Campaign 2023      g. Direktur SDM dan Umum / Managing
                                                                               were present
 2023                               Director of HR and General Affairs
                                 h. Direktur Perencanaan Strategis dan
                                    Pengembangan Usaha / Managing
                                    Director of Strategic Planning and
                                    Business Development
                                 i. Direktur Keuangan dan Manajemen
                                    Risiko / Managing Director of Finance
                                    and Risk Management
                                 j. EVP of Information System / EVP of
                                    Information System


KOMITE PENYELESAIAN DAN TINDAK                                COMMITTEE FOR COMPLETION AND
LANJUT HASIL INVESTIGASI DAN HASIL CO/                        FOLLOW-UP OF INVESTIGATION RESULTS
PEMERIKSAAN DAERAH ATAS KEJADIAN                              AND RESULTS OF CO/REGIONAL
KECELAKAAN KERETA API                                         INSPECTIONS ON TRAIN ACCIDENTS
Komite Penyelesaian dan Tindak Lanjut Hasil Investigasi       The Committee for Settlement and Follow-up of
dan Hasil CO/Pemeriksaan Daerah atas Kejadian                 Investigation Results and Results of CO/Regional
Kecelakaan Kereta Api merupakan organ yang dibentuk           Inspections on Train Accidents is an organ formed to
untuk membantu Direksi dalam menindaklanjuti hasil            assist the Board of Directors in following up on the results
investigasi dan CO atas kejadian kecelakaan kereta api,       of investigations and COs on train accidents, determining
menetapkan pejabat yang bertanggung jawab sesuai              officials who are responsible according to the causes
dengan penyebab yang tertulis di dalam hasil investigasi/     written in the results. investigation/CO, determining
CO, menetapkan sanksi, dan menetapkan penghargaan             sanctions, and establishing awards for employees/
kepada pegawai/masyarakat yang dinilai telah ikut             community who are deemed to have participated in




                      Laporan Tahunan dan Keberlanjutan
436                                                                                    PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 437
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




mencegah atau melakukan upaya sehingga kecelakaan                 preventing or making efforts so that train accidents can
KA dapat dihindari. Komite ini melaporkan hasil kerja             be avoided. This committee reports the results of the
komite kepada Direktur Utama.                                     committee's work to the President Director.

Tugas dan Tanggung Jawab Komite                                   Duties and Responsibilities of the Committee
Komite ini memiliki tugas dan tanggung jawab dengan               This committee has duties and responsibilities with the
perincian sebagai berikut:                                        following details:
  1. Menindaklanjuti hasil investigasi dan CO atas                   1. Following up on the results of investigations and
     terjadinya kecelakaan kereta api.                                  CO regarding train accidents.
  2. Menetapkan pejabat yang bertanggung jawab sesuai                2. Appoint the official responsible in accordance with
     dengan penyebab yang tertulis didalam hasil                        the causes stated in the investigation report or the
     investigasi atau hasil CO.                                         CO (Cause of Occurrence) report.
  3. Menetapkan sanksi bagi pejabat seperti yang                     3. Determine sanctions for officials as referred to in
     dimaksud pada butir 2 di atas.                                     point 2 above.
  4. Menetapkan penghargaan kepada pegawai dan atau                  4. Establish awards for employees and/or the public
     masyarakat yang dinilai telah ikut mencegah dan                    who are deemed to have contributed to preventing
     atau melakukan upaya sehingga kecelakaan kereta                    and/or making efforts so that train accidents can
     api tersebut dapat dihindari.                                      be avoided.

Struktur dan Keanggotaan Komite                                   Committee Structure and Membership
Struktur dan keanggotaan Komite untuk tahun 2023                  The structure and membership of the Committee for 2023
dapat dilihat melalui tabel berikut ini.                          can be seen in the following table.

                                         Nama                                                         Jabatan
                                         Name                                                         Position

 Para Direktur Terkait / Relevant Directors                                           Pengarah
                                                                                      Director

 Suparno (Direktur Personalia dan Umum) / (Director of HR and General Affairs)        Ketua
                                                                                      Chairman

 Sigit Winarto (VP of Safety) / (VP of Safety)                                        Wakil Ketua
                                                                                      Vice Chairman

 Ida Hidayati (EVP Pembinaan SDM) / (EVP of Human Resources Development)              Sekretaris
                                                                                      Secretary

 VP/Manager terkait / Related VP/Managers                                             Anggota
                                                                                      Member

 EVP/VP/Manager Hukum / EVP/VP/Manager of Legal Affairs                               Anggota
                                                                                      Member

 Pejabat lainnya yang ditunjuk / Other appointed officials                            Anggota
                                                                                      Member

 Ketua Tim Investigasi / Investigation Team Leader                                    Anggota
                                                                                      Member

 Ketua Umum SPKA                                                                      Pendamping
 General Chairman of SPKA                                                             Advisor

 Tenaga Ahli                                                                          Apabila dibutuhkan
 Expert Personnel                                                                     If Needed


Independensi Komite                                               Committee Independence
Perseroan telah memastikan bahwa seluruh anggota                  The Company has ensured that all Committee members
Komite tidak memiliki afiliasi dengan anggota Direksi,            have no affiliation with members of the Board of Directors,
anggota Dewan Komisaris, ataupun pemegang saham                   members of the Board of Commissioners, or controlling
pengendali. Selain itu, anggota Komite bukan merupakan            shareholders. In addition, Committee members are not
bagian dari pemegang saham Perseroan. Dengan                      part of the Company's shareholders. In this way, it is
demikian, Komite dipastikan dapat bersikap independen             ensured that the Committee can act independently in
dalam melaksanakan tugas dan tanggung jawab serta                 carrying out its duties and responsibilities and is free from
terbebas dari hal-hal yang berpotensi memengaruhi                 matters that have the potential to affect the ability to
kemampuan untuk bekerja secara profesional, khususnya             work professionally, especially as a result of affiliated
sebagai akibat adanya hubungan afiliasi antara anggota            relationships between members and the management
dengan pengurus atau pemegang saham Perseroan.                    or shareholders of the Company.




                                                                 Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                 437
                                                                     Annual and Sustainability Report
Page 438
                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




Rapat Komite dan Laporan Singkat Pelaksanaan                  Committee Meetings and Brief Report on the
Kegiatan Komite Tahun 2023                                    Implementation of Committee Activities in 2023
Untuk periode yang berakhir pada 31 Desember 2023,            For the period ending December 31 st, 2023, the
Komite Penyelesaian dan Tindak Lanjut Hasil Investigasi       Committee on the Resolution and Follow-Up of
dan Hasil CO/Pemeriksaan Daerah atas Kejadian                 Investigation Results and CO/Regional Inspection on
Kecelakaan Kereta Api tidak melaksanakan rapat komite,        Train Accidents did not hold committee meetings.
namun menjalankan sejumlah pertemuan untuk                    However, it conducted a series of meetings to follow up
menindaklanjuti hasil investigasi dan CO atas terjadinya      on the results of investigations and CO related to train
kecelakaan kereta api.                                        accidents.

KOMITE EKSEKUTIF                                              EXECUTIVE COMMITTEE
Komite Eksekutif merupakan komite yang dibentuk untuk         The Executive Committee is a committee formed to assist
membantu Direksi dalam mengantisipasi perkembangan            the Board of Directors in anticipating future
dan tuntutan di masa depan, yang membuat Perseroan            developments and demands, which require the Company
perlu mempersiapkan kader-kader pemimpin yang                 to prepare a cadre of competent leaders. The Executive
kompeten.     Komite   Eksekutif    bertugas    untuk         Committee is tasked with formulating, managing,
merumuskan,      mengelola,   melaksanakan,      serta        implementing and preparing the Company's leadership
mempersiapkan proses kaderisasi pemimpin Perseroan            cadre process for the future. Moreover, the Executive
untuk masa mendatang. Lebih dari itu, Komite Eksekutif        Committee also assists the Board of Directors in discussing
juga membantu Direksi dalam membahas hal-hal                  the Company's strategic matters.
strategis Perseroan.

Tugas dan Tanggung Jawab Komite Eksekutif                     Duties and Responsibilities of the Executive Committee
Sebagai komite pendukung Direksi, Komite Eksekutif            As a supporting committee for the Board of Directors,
memiliki tugas dan tanggung jawab untuk melakukan             the Executive Committee has the duties and
hal-hal yang diperlukan oleh Direksi dalam merumuskan,        responsibilities to carry out tasks necessary for the Board
mengelola, melaksanakan, serta mempersiapkan kaderisasi       of Directors in formulating, managing, implementing,
dalam rangka menghasilkan pemimpin masa depan bagi            and preparing leadership cadres to produce future leaders
Perseroan. Di samping itu, Komite Eksekutif melakukan         for the company. Additionally, the Executive Committee
penugasan-penugasan khusus dari Direksi, antara lain          undertakes specific assignments from the Board of
terkait pembahasan hal-hal strategis Perseroan.               Directors, including discussions related to the strategic
                                                              matters of the company.

Struktur dan Keanggotaan Komite Eksekutif                     Executive Committee Structure and Membership
Struktur dan keanggotaan Komite Eksekutif untuk tahun         The structure and membership of the Executive
2023 adalah sebagai berikut:                                  Committee for 2023 is as follows:


             Nama                                      Jabatan                                      Keahlian
             Name                                      Position                                     Expertise

 Didiek Hartantyo               Direktur Utama                                           Bisnis / Business
                                President Director

 Hadis Surya Palapa             Direktur Niaga                                           Keuangan, Bisnis / Finance,
                                Managing Director Of Commerce                            Business

 Awan Hermawan Purwadinata      Direktur Operasi                                         Operasi, Prasarana / Operations,
                                Managing Director of Operation                           Infrastructure

 Heru Kuswanto                  Direktur Pengelolaan Prasarana                           Prasarana / Infrastructure
                                Managing Director of Infrastructure

 John Robertho                  Direktur Perencanaan Strategis dan Pengembangan          Sarana, Keselamatan / Rolling
                                Usaha                                                    Stock, Safety
                                Managing Director of Strategic Planning and Business
                                Development

 Sandry Pasambuna               Direktur Keselamatan dan Keamanan                        Keselamatan / Safety
                                Managing Director of Safety and Security

 Suparno                        Direktur SDM dan Umum                                    SDM, Prasarana / HR,
                                Managing Director of Human Capital and General           Infrastructure
                                Affairs

 Rudi As Aturridha              Direktur Pengembangan Usaha & Kelembagaan                Business Development /
                                Managing Director of Business Development and            Business Development
                                Institutional Relations




                      Laporan Tahunan dan Keberlanjutan
438                                                                                    PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 439
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                Nama                                         Jabatan                                        Keahlian
                Name                                         Position                                       Expertise

 Salusra Wijaya                     Direktur Keuangan dan Manajemen Risiko                      Keuangan / Finance
                                    Managing Director of Finance and Risk Management

 Asdo Artriviyanto                  Pelaksana Tugas President Director                          Operasi / Operasi
                                    Acting President Director

 Tln Ahmad Malik Syah               Direktur Utama                                              Keuangan / Keuangan
                                    President Director

 Porwanto Handry Nugroho            Direktur Utama                                              Operasi / Operation
                                    President Director

 Dwiyana Slamet Riyadi              Diperbantukan di PT Kereta Cepat Indonesia China            Operasi / Operation
                                    Assigned to PT Kereta Cepat Indonesia China

 Hendy Helmy                        Direktur Utama                                              Komersial / Commercial
                                    President Director

 Dwi Erni Ratnawati                 Executive Vice President of Internal Audit                  Auditor, SDM / Auditor, HR

 Idrus Fauzi                        Executive Vice President of Rolling Stock Maintenance       Sarana / Rolling Stock

 Muh. Saiful Alam                   Executive Vice President of Technical Engineering and       Sarana / Rolling Stock
                                    Rolling Stock Asset

 Irwansyah                          Executive Vice President UPT Balai Yasa Manggarai           Sarana / Rolling Stock

 Faizal Muhtadi                     Executive Vice President UPT Balai Yasa Yogyakarta          Sarana / Rolling Stock

 Deddy Hendrady                     Executive Vice President UPT Balai Yasa Lahat               Sarana / Rolling Stock

 Mohamad Nurul Huda Dwi             Executive Vice President of Non Railway Assets              Auditor / Auditor
 Santoso

 Raden Agus Dwinanto Budiadji       Executive Vice President of Corporate Secretary             Komersial / Commercial

 Yuskal Setiawan                    Executive Vice President Divisi Regional III Palembang      Operasi / Operation

 Januri                             Acting Executive Vice President Divisi Regional IV          Sarana / Rolling Stock
                                    Tanjungkarang

 Iwan Eka Putra                     Executive Vice President Daerah Operasi 1 Jakarta           Jalan dan Jembatan / Tracks
                                                                                                and Bridges

 Wisnu Pramudyo                     Executive Vice President Daerah Operasi 8 Surabaya          Operasi / Operation

 Takdir Santoso                     Executive Vice President Daerah Operasi 2 Bandung           Jalan dan Jembatan / Tracks
                                                                                                and Bridges

 Daniel Johannes Hutabarat          Acting Executive Vice President Daerah Operasi 4            Sinyal dan Telekomunikasi
                                    Semarang                                                    Listrik / Electric Signaling and
                                                                                                Telecommunications

 Bambang Respationo                 Acting Executive Vice President Daerah Operasi 6            Operasi / Operation
                                    Yogyakarta

 Muh. Sahli                         Executive Vice President of New Business Development        Operasi / Operation
                                    and Strategic Projects

 Agus Setiyono                      Executive Vice President of Training and Education Ir. H.   Sarana, SDM / Rolling Stock, HR
                                    D juanda

 Ida Hidayati                       Executive Vice President of Personnel Care, Control, and    SDM / HR
                                    Development

 Fredi Firmansyah                   Executive Vice President of Freight Marketing and Sales     Sarana, Komersial / Rolling
                                                                                                Stock, Commercial

 Ririn Widi Astutik                 Acting. Executive Vice President of Passenger Transport     Komersial / Commercial
                                    Marketing and Sales

 Iqbal T Iskandar                   Acting Executive Vice President of Operation Personnel      Operasi / Operation

 Hendra Wahyono                     Executive Vice President of Operation Management            Operasi / Operation

 Sukamto                            Acting Executive Vice President of Track and Bridge         Jalan dan Jembatan / Tracks
                                                                                                and Bridges




                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  439
                                                                      Annual and Sustainability Report
Page 440
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




               Nama                                        Jabatan                                       Keahlian
               Name                                        Position                                      Expertise

 Wahyu Cahyono                  Executive Vice President of Signalling,Telecomunication,     Sinyal dan Telekomunikasi
                                and Electricity                                              Listrik / Electric Signaling and
                                                                                             Telecommunications

 Jagatsyah Aminullah            Executive Vice President of Finance Consolidation            Keuangan / Finance

 Januar Parlindungan            Executive Vice President of Revenue and Cost                 Keuangan / Finance
                                Consolidation

 Albertus Indarko Wiyogo        Acting Executive Vice President of Information System        Keuangan / Finance

 Agus Sobari                    Executive Vice President of Risk Management                  Keuangan / Finance

 Mochamad Purnomosidi           Executive Vice President of Light Rail Transit Jabodebek     Sarana / Means

 Emanuel Kurniawan              Executive Vice President of Subsidiary Management
 Kriswijayanto

 Roni Komar                     Executive Vice President of Strategic Business Planning      Sinyal dan Telekomunikasi
                                and Investment                                               Listrik / Electric Signaling and
                                                                                             Telecommunications

 Muhamad Abrar                  Executive Vice President of Project Development              Jalan dan Jembatan / Tracks
                                                                                             and Bridges

 Yurish Wibawa                  Executive Vice President of Non Railway Assets               Business & Assets Development
                                Development                                                  / Business & Assets
                                                                                             Development

 Endro Rahardjo                 Deputy of Digital Transformation Office 1                    IT / IT

 Subandi                        Deputy of Digital Transformation Office 2                    Sinyal dan Telekomunikasi
                                                                                             Listrik, IT / Electric Signaling
                                                                                             and Telecommunications, IT

 Suryawan Putra Hia             Executive Vice President of Logistics                        Sinyal dan Telekomunikasi
                                                                                             Listrik / Electric Signaling and
                                                                                             Telecommunications

 Dicky Eka Priandana            Vice President Daerah Operasi 3 Cirebon                      Operasi / Operation

 Dominicus Agung Wawan          Vice President Daerah Operasi 5 Purwokerto                   Sarana / Means
 Purnawan

 Mulyani                        Vice President Daerah Operasi 7 Madiun                       Keuangan / Finance

 Buntar Ris Wirawan             Buntar Ris Wirawan                                           Operasi, Komersial / Operation,
                                Vice President Daerah Operasi 9 Jember                       Commercial

 Sigit Winarto                  Vice President of Safety                                     Sinyal dan
                                                                                             TelekomunikasiListrik, Safety /
                                                                                             Electric Signaling and
                                                                                             Telecommunications, Safety


Independensi Komite Eksekutif                                    Independence of the Executive Committee
Perseroan telah memastikan bahwa anggota Komite                  The Company has ensured that members of the Executive
Eksekutif tidak memiliki afiliasi dengan anggota Direksi,        Committee have no affiliation with members of the Board
anggota Dewan Komisaris, ataupun pemegang saham                  of Directors, members of the Board of Commissioners,
pengendali. Selain itu, anggota Komite Eksekutif bukan           or controlling shareholders. In addition, members of the
merupakan bagian dari pemegang saham Perseroan.                  Executive Committee are not part of the Company's
Dengan demikian, Komite Eksekutif dipastikan dapat               shareholders. In this way, the Executive Committee is
bersikap independen dalam melaksanakan tugas dan                 guaranteed to be able to act independently in carrying
tanggung jawab serta terbebas dari hal-hal yang                  out its duties and responsibilities and is free from matters
berpotensi memengaruhi kemampuan untuk bekerja                   that have the potential to affect the ability to work
secara profesional, khususnya sebagai akibat adanya              professionally, especially as a result of affiliated
hubungan afiliasi antara anggota dengan pengurus atau            relationships between members and the management
pemegang saham Perseroan.                                        or shareholders of the Company.




                       Laporan Tahunan dan Keberlanjutan
440                                                                                        PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 441
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Pelatihan Komite Eksekutif Tahun 2023                                   Training for the Executive Committee in 2023

                                                   Jenis Pelatihan
                                                     dan Materi                                      Tempat
      Nama                    Jabatan                Pelatihan                 Tanggal            Pelaksanaan           Penyelenggara
      Name                    Position            Types of Training             Date                Place of              Organizer
                                                    and Training                                 Implementation
                                                      Materials

                      Direktur Utama PT
                                                  Strategic Market        19 -20 Oktober
 Tln Ahmad            Kereta Api Logistik /                                                      Prama Sanur        Markplus
                                                  Intelligence for        2023 / October
 Malik Syah           President Director of PT                                                   Beach Hotel Bali   Institute
                                                  Leaders                 19 th -20 th, 2023
                      Kereta Api Logistik

                      Executive Vice President                            15-16 Februari
 Faizal Muhtadi       UPT Balai Yasa              Public Speaking         2023 / February        -                  Kaya Tjokro
                      Yogyakarta                                          15 th - 16 th, 2023

                                                                          22-25 November
                                                  Character
                                                                          2023 / November        -                  BY LT LAHAT
                                                  Building
 Deddy                Executive Vice President                            22 nd-25 th, 2023
 Hendrady             UPT Balai Yasa Lahat
                                                  Project                 5-7 Juli 2023 /
                                                                                                 -                  -
                                                  Management              July 5 th-7 th, 2023

 Raden Agus                                                               15-16 Februari
                      Executive Vice President
 Dwinanto                                         Public Speaking         2023 / February        -                  Kaya Tjokro
                      of Corporate Secretary
 Budiadji                                                                 15 th-16 th, 2023

                      Executive Vice President
                                                                          15-16 Februari
                      of New Business
 Muh. Sahli                                       Public Speaking         2023 / February        -                  Kaya Tjokro
                      Development and
                                                                          15 th-16 th, 2023
                      Strategic Projects

                                                                          7 Februari - 25
                      Executive Vice President    Advanced Human
                                                                          Maret 2023 /
 Agus Setiyono        of Training and             Capital                                        -                  CHRP Atmajaya
                                                                          February 7 th -
                      Education Ir. H. D juanda   Accomplished
                                                                          March 25 th, 2023

                      Executive Vice President
                                                                          8-9 November
                      of Personnel Care,          3 rd Build A Future
 Ida Hidayati                                                             2023 / November        -                  -
                      Control, and                Team Conference
                                                                          8 th - 9 th, 2023
                      Development

                                                                          13 Maret - 3 Juni
                                                                                                                    PT Kuncie Pintar
                                                  Mini MBA Kuncie         2023 / March 13 th     -
                      Plt. Executive Vice                                                                           Nusantara
                                                                          - June 3 rd, 2023
 Ririn Widi           President of Passenger
 Astutik              Transport Marketing
                                                  Business                13 - 17 Februari                          PT Linxbrain
                      and Sales
                                                  Ecosystems an           2023 / February        -                  Cemerlang
                                                  Exclusive               13 th - 17 th, 2023                       Digital

                      Executive Vice President    Indonesia               9-10 Maret 2023 /
 Mochamad                                                                                                           PT. Daya Makara
                      of Light Rail Transit       Leadership              March 9 th - 10 th,    Bali
 Purnomosidi                                                                                                        UI
                      Jabodebek                   Forum                   2023

                      Vice President Daerah
                                                                          13 Maret - 3 Juni
                      Operasi 7 Madiun / Vice                                                                       PT Kuncie Pintar
 Mulyani                                          Mini MBA Kuncie         2023 / March 13 th     -
                      President District                                                                            Nusantara
                                                                          - June 3 rd, 2023
                      Operation 7 Madiun


Rapat dan Laporan Singkat Pelaksanaan Kegiatan                          Meetings and Brief Report on Implementation of
Komite Eksekutif Tahun 2023                                             Executive Committee Activities in 2023
Untuk tahun 2023, Komite Eksekutif telah melaksanakan                   For 2023, the Executive Committee has carried out its
tugas dan tanggung jawabnya melalui penyelenggaraan                     duties and responsibilities through holding meetings 1
rapat sebanyak 1 kali.                                                  times.


   Tanggal                             Agenda Rapat                                        Peserta Rapat                 Kehadiran
    Date                              Meeting Agenda                                     Meeting Participant             Attendance

                      Persiapan Angkutan Operasi Nataru 2023/2024 /                  Semua anggota komite / All
  30/10/2023                                                                                                                100%
                  Preparation for Transport of Nataru Operation 2023/2024              Committees Member




                                                                     Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                       441
                                                                         Annual and Sustainability Report
Page 442
                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




SEKRETARIS PERUSAHAAN
COMPANY SECRETARY
Sekretaris   Perusahaan    merupakan    organ    yang        The Corporate Secretary is an organ that supports the
mendukung Perseroan dalam mengelola hubungan antar-          Company in managing relations between the Company's
organ Perseroan, hubungan antara Perseroan dengan            organs, the relationship between the Company and all
seluruh pemangku kepentingan, serta pemenuhan                stakeholders, as well as the Company's compliance with
Perseroan terhadap ketentuan peraturan perundang-            the provisions of applicable laws and regulations. The
undangan yang berlaku. Perseroan menetapkan                  Company determines the Corporate Secretary as a
Sekretaris Perusahaan sebagai fungsi yang berada satu        function that is one level below the Board of Directors.
tingkat di bawah Direksi. Penyelenggaraan fungsi             The Corporate Secretary function is carried out by
Sekretaris Perusahaan dilakukan dengan mengangkat            appointing a Corporate Secretary official, in accordance
pejabat Sekretaris Perusahaan, sesuai kriteria dan           with the special criteria and provisions that apply to SOE.
ketentuan khusus yang berlaku bagi BUMN. Sekretaris          The Corporate Secretary is appointed and dismissed by
Perusahaan diangkat dan diberhentikan oleh Direktur          the President Director through approval from the Board
Utama melalui persetujuan Dewan Komisaris, berdasarkan       of Commissioners, based on the Company's internal
mekanisme internal Perseroan. Fungsi Sekretaris              mechanisms. The Corporate Secretary function is led by
Perusahaan dipimpin oleh seorang Executive Vice              an Executive Vice President (EVP) of Corporate Secretary,
President (EVP) of Corporate Secretary yang                  who reports directly to the President Director.
bertanggung jawab secara langsung kepada Direktur
Utama.

FUNGSI, TUGAS, DAN TANGGUNG JAWAB                            FUNCTIONS, DUTIES AND RESPONSIBILITIES
SEKRETARIS PERUSAHAAN                                        OF THE CORPORATE SECRETARY
Sekretaris Perusahaan memiliki fungsi, tugas, dan            The Corporate Secretary has functions, duties and
tanggung jawab dengan perincian sebagai berikut:             responsibilities with the following details:
  1. Menyelenggarakan fungsi corporate office dalam             1. Carrying out corporate office functions in terms of
     hal pengelolaan informasi dan dokumen Perseroan,              managing Company information and documents,
     Corporate Social Responsibility, corporate public             Corporate Social Responsibility, corporate public
     information and communication, corporate office,              information and communication, corporate office,
     and board of Directors Administration & Protocol.             and board of Directors Administration & Protocol.
  2. Memastikan kepatuhan atas pelaksanaan GCG                  2. Ensure compliance with GCG implementation
     melalui penerapan sistem pelaporan pelanggaran                through the implementation of a violation
     (Whistlebowing System).                                       reporting system (Whistlebowing System).
  3. Memastikan Perseroan mematuhi ketentuan tentang            3. Ensure that the Company complies with the
     persyaratan keterbukaan dan pengungkapan dalam                provisions regarding openness and disclosure
     Laporan Tahunan.                                              requirements in the Annual Report.
  4. Memastikan penerapan kebijakan manajemen mutu              4. Ensuring    the    implementation      of    quality
     dan pemantauan implementasi KPKU (Kriteria                    management policies and monitoring the
     Penilaian Kinerja Unggul) di lingkungan Perseroan.            implementation of KPKU (Criteria for Evaluation of
                                                                   Superior Performance) within the Company.
  5. Mengintegrasikan dan mengkonsolidasikan unit               5. Integrate     and      consolidate     subordinate
     organisasi di bawahnya.                                       organizational units.




                      Laporan Tahunan dan Keberlanjutan
442                                                                                   PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 443
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                     Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PROFIL SEKRETARIS PERUSAHAAN                                         PROFIL EVP CORPORATE SECRETARY

                                                RADEN AGUS DWINANTO BUDIADJI
                                           Executive Vice President of Corporate Secretary

 Periode Menjabat / Term of            2023 - sekarang (Periode Pertama) / 2023 - Present (First Periode)
 Office

 Kewarganegaraan / Citizenship         Indonesia

 Domisili / Domicile                   Bandung

 Tempat dan Tanggal Lahir /            Purwokerto, 8 Agustus 1982 / Purwokerto, August 8 th, 1982
 Place and Date of Birth

 Usia / Age                            41 tahun / 41 years

 Dasar Hukum Penunjukan /              Diangkat untuk pertama kalinya sebagai Plt EVP of Corporate Secretary PT Kereta Api
 Legal Basis of Appointment            Indonesia (Persero) berdasarkan putusan Menteri SK.U/KH.608/IV/1/SAP/KA-2023 tanggal
                                       18 April 2023 / Appointed for the first time as Acting EVP of Corporate Secretary of PT
                                       Kereta Api Indonesia (Persero) based on the Ministerial Decree SK.U/KH.608/IV/1/SAP/KA-
                                       2023 dated April 18 th, 2023.

 Rangkap Jabatan / Concurrent          Komisaris Utama KAI Wisata
 Positions

 Sertifikasi / Certification           -

 Kepemilikan Saham KAI / KAI           -
 Shareholding

 Riwayat Pendidikan

  • S1 Manajemen, 2006 Universitas Gadjah Mada / Bachelor’s Degree in Management, 2006 University of Gajah Mada


 Riwayat Jabatan

  • Executive Vice President Daerah Operasi 6 Yogyakarta 11 Januari 2023 - 17 April 2023 / Executive Vice President District
    Operation 6 Yogyakarta January 11 th, 2023 - April 17 th, 2023
  • Corporate Deputy Director of Passenger Transport Marketing and Sales 17 Maret 2021 – 10 Januari 2023 / Corporate Deputy
    Director of Passenger Transport Marketing and Sales March 17 th, 2021 – January 10 th, 2023
  • Director Of Operation PT KA Wisata 17 Juli 2020 – 17 Maret 2020 / Director Of Operation PT KA Wisata July 17 th, 2020 – March
    17 th, 2020
  • Deputy Executive Vice President Daerah Operasi 4 Semarang 11 Februari 2020 – 16 Juli 2020 / Deputy Executive Vice President
    District Operation 4 Semarang February 11 th, 2020 – July 16 th, 2020
  • Deputy Executive Vice President Daerah Operasi 3 Cirebon 23 Januari 2019 – 10 Februari 2020 / Deputy Executive Vice
    President District Operation 3 Cirebon January 23 rd, 2019 – February 10 th, 2020




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PROGRAM PENINGKATAN KOMPETENSI                                 CORPORATE SECRETARY COMPETENCY
SEKRETARIS PERUSAHAAN                                          IMPROVEMENT PROGRAM

      Nama             Jabatan                   Nama Pelatihan              Tanggal Pelaksanaan            Penyelenggara
      Name             Position                  Trainings Name                     Date                      Organizer

                  Executive Vice        Pelatihan Public Speaking / Public   15 – 16 Februari 2023 /      Kaya Tjokro
 Raden Agus
                  President of          Speaking Training                    February 15 th – 16 th,
 Dwinanto
                  Corporate                                                  2023
 Budiadji
                  Secretary

                                        Penerapan Pedoman Tata Kelola        26 – 27 Oktober 2023 /       Indonesia Training
                                        dan Kegiatan Korporasi BUMN /        October 26 th – 27 th 2023   Institute &
                                        Application of Governance                                         Consulting Services
                                        Guidelines and Corporate
                                        Activities for State-Owned
                  Vice President of     Enterprises
                  Qualtiy Assurance
                                        Risk Management and ESG              26 – 27 Oktober 2023 /       IAI Jawa Barat
 Arman Hidayat    and Good
                                        Implementation for Business          October 26 th – 27 th 2023
                  Corporate
                                        Resillience
                  Goverance
                                        Executive Briefing ISO 9001:2015     8 Mei 2023 / May 8 th,       BSI Training
                                        dan ISO 37001:2016                   2023                         Academy

                                        Akuntansi Manajemen /                19 Desember 2023 /           IAI Jawa Barat
                                        Management Accounting                December 19 th, 2023

                                        Executive Briefing ISO 9001:2015     8 Mei 2023 / May 8 th,       BSI Training
                                        dan ISO 37001:2016                   2023                         Academy

                                        NAN’s Expert Course in Digital       6 – 10 November 2023 /       The National
                                        Preservation                         November 6 th – 10 th,       Archives of The
                  Vice President of
 Nathan                                                                      2023                         Netherlands, (NAN)
                  Corporate
 Marihottua
                  Document              Pendidikan dan Pelatihan             14 – 16 November 2023 /      Arsip Nasional
 Siahaan
                  Management            Penyelenggaraan Kearsipan bagi       November 14 th – 16 th,      Republik Indonesia
                                        Pimpinan Unit Kearsipan Tahun        2023                         (ANRI)
                                        2023 / Education and Training
                                        Archiving Management for Unit
                                        Leaders in 2023

                  Vice President of     Spoke Person Master Class            23 Oktober 2023 /            Kementrian BUMN
 Joni Martinus
                  Public Relation                                            October 23 rd, 2023


PELAKSANAAN TUGAS SEKRETARIS                                   IMPLEMENTATION OF CORPORATE
PERUSAHAAN TAHUN 2023                                          SECRETARY DUTIES IN 2023
Sekretaris Perusahaan telah melaksanakan tugas dan             The Corporate Secretary has carried out his duties and
tanggung jawab untuk tahun 2023, dengan perincian              responsibilities for 2023, with the following details:
sebagai berikut:

  1. Menyelenggarakan dan mendokumentasikan Rapat                 1. Organize and document the Annual General Meeting
     Umum Pemegang Saham pada tahun 2023 yaitu                       of Shareholders in 2023, including:
      a. Rapat Umum Pemegang Saham (RUPS) RKAP                         a. The Annual General Meeting of Shareholders
         2023 yang diselengarakan pada 30 Januari 2023                    (AGM) for the 2023 RKAP held on January 30 th,
                                                                          2023.
      b. Pengesahan Berita Acara Rapat Umum                            b. The ratification of the minutes of the Annual
         Pemegang Saham (RUPS) Tahun Buku 2023                            General Meeting of Shareholders (AGM) for the
         oleh Notaris yang diselenggarakan pada tanggal                   fiscal year 2023 by a Notary, held on January
         30 Januari 2023                                                  30 th, 2023.
  2. Melaksanakan kegiatan TJSL (Bina Lingkungan                  2. Implement TJSL (Community Development)
     dengan Program KAI Quick Respon, KAI DungMas,                   activities with programs such as KAI Quick
     KAI Sehat Sejahtera, KAI EduFriend, Beasiswa KAI,               Response, KAI DungMas, KAI Sehat Sejahtera, KAI
     Pelatihan Sahabat Difabel, Beasiswa untuk Yayasan               EduFriend, KAI Scholarships, Training for Disabled
     BUMN / Program Kolaborasi Bantuan Pendidikan                    Friends, Scholarships for SOE Foundations/
     KAI Pling, KAI Sar-i, KAI Go Green) mulai Januari               Collaborative Educational Assistance Programs, KAI
     hingga Desember 2023                                            Pling, KAI Sar-i, and KAI Go Green from January to
                                                                     December 2023.
  3. Melaksanakan Program TJSL insidentil Tahap I s.d             3. Implement incidental TJSL Programs from Phase
     IV mulai Januari hingga Desember 2023.                          I to IV from January to December 2023.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  4. Menyelenggarakan Program Pendanaan UMK                       4. Organize the UMK (Micro Business) Funding
      (PUMK)                                                         Program.
  5. Menyelenggarakan Kegiatan Pameran MIKA,                      5. Organize the MiKA Exhibition, MiKA Hasanah, MiKA
      Kegiatan MiKA Hasanah, MiKA Next Class, MiKA Go                Next Class, and MiKA Go Global events.
      Global
  6. Mendukung Sosialisasi Keselamatan PERKA,                     6. Support the socialization of PERKA safety
      Dukungan kegiatan anti pelecehan/kekerasan                      regulations and activities against harassment/
      wanita diatas KA                                                violence against women on trains.
  7. Melaksanakan kegiatan Bersih-Bersih Lingkungan               7. Implement environmental clean-up activities (BBL)
      (BBL) dan Branding Desa Binaan USD                              and branding for USD-assisted villages.
  8. Melaksanakan kegiatan penatausahaan arsip surat-             8. Manage the archiving of official correspondence
      menyurat dinas, dan dokumen perusahaan lainnya,                 and other company documents, monitor the
      melakukan pemantauan penata usahaan dokumen                     archiving of regional documents, manage
      daerah serta pengelolaan saraan telekomunikasi                  telecommunications,        and     handle    official
      dan penatausahaan warta dinas. Berdasarkan                      communication archiving. According to the 2023
      laporan kinerja tahun 2023, Pelayanan dokumen                   performance report, 700,636 documents were
      sebanyak 700.636 Dokumen                                        processed.
  9. Melaksanakan penatausahaan dokumen kepemilikan               9. Manage the archiving of asset ownership documents,
      asset meliputi: tanah, bangunan dinas dan tumah                 including land, official buildings and company
      perusahaan, prasarana, jalan rel dan jembatan, serta            houses, infrastructure, railway tracks and bridges,
      sarana, sinyal, dan rolling stock. Berdasarkan                  as well as facilities, signaling, and rolling stock.
      laporan kinerja tahun 2023, Pelayanan dokumen                   According to the 2023 performance report, 944 asset
      kepemilikan aset sebanyak 944 Dokumen.                          ownership documents were processed.
  10. Melakukan penatausahaan dokumen legal berupa                10. Manage legal documents, including Memoranda
      Memorandum of Understanding (MoU), Kontrak/                     of Understanding (MoUs), contracts/agreements,
      Perjanjian Kerjasama, Surat Perjanjian dan Dokumen              and other legal documents. According to the 2023
      Legal lainnya. Berdasarkan laporan kinerja tahun                performance report, 380,100 legal documents were
      2023, Pelayanan dokumen legal sebanyak 380.100                  processed.
      Dokumen.
  11. Memastikan Kepatuhan Perusahaan atas Penerapan              11. Ensure     company     compliance  with    the
      GCG dengan melakukan:                                           implementation of GCG by conducting:
        a. Kegiatan     Asesmen      GCG,      merupakan               a. GCG Assessment activities, which involve
           Pengukuran      terhadap     penerapan     GCG                 measuring GCG implementation conducted
           dilakukan secara berkala setiap tahun.                         periodically every year. For the 2023
           Pengukuran tahun kinerja 2023 dilakukan secara                 performance year, the measurement was
           mandiri oleh oleh assessor internal Perusahaan                 conducted independently by the company's
           dengan hasil skor 93,017 predikat Sangat Baik.                 internal assessor with a score of 93.017,
                                                                          indicating "Very Good."
       b. Kegiatan monitoring tindak lanjut rekomendasi                b. Monitoring follow-up on GCG assessment
          assessment GCG, Hasil monitoring tindak lanjut                  recommendations. In 2023, there were 54
          rekomendasi assessment GCG kinerja 2022,                        recommendations from BPKP based on the
          pada tahun 2023 terdapat 54 rekomendasi yang                    2022    GCG    assessment,  of which    18
          diberikan oleh BPKP (18 rekomendasi telah                       recommendations were followed up and 36
          ditindaklanjuti dan 36 rekomendasi belum                        recommendations were not yet addressed.
          ditindaklanjuti).
       c. Kegiatan Monitoring Pengendalian Gratifikasi,               c. Monitoring of gratification control. During the
          dalam penyelenggaraan kegiatan monitoring                      monitoring of gratification control and the
          pengendalian gratifikasi dan laporan gratifikasi               processing of gratification reports, there were
          yang telah diproses terdapat 6 laporan                         6 gratification reports consisting of 4 rejections
          gratifikasi yang terdiri dari 4 penolakan dan 2                and 2 acceptances.
          penerimaan gratifikasi
       d. Kegiatan pengelolaan pelaporan dugaan                       d. Management of reports on alleged violations
          pelanggaran (WBS), selama tahun 2023 terdapat                  (WBS). Throughout 2023, there were 17 WBS-
          17 laporan terkait WBS yang telah diproses.                    related reports processed.
       e. Kegiatan monitoring kepatuhan penyampaian                   e. Monitoring compliance with the submission of
          Laporan Harta Kekayaan Penyelenggara Negara                    State Officials' Wealth Reports (LHKPN). As of
          (LHKPN), Dari hasil monitoring penyampaian                     December 31 st, 2023, monitoring of periodic
          LHKPN periodik 2023 per tanggal 31 Desember                    LHKPN submissions showed 100% compliance
          2023 diketahui kepatuhan penyampaian LHKPN                     from a total of 826 KAI employees.
          sebesar 100% dari total pegawai KAI sebanyak
          826 orang.




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       f. Monitoring Kepatuhan Pedoman Perilaku                    f. Monitoring compliance with the Code of
          (Code of Conduct). Insan KAI yang telah                     Conduct. By December 31 st, 2023, 28,071 KAI
          menandatangani pedoman perilaku sampai                      personnel (100%) had signed the Code of
          dengan 31 Desember 2023 adalah sebanyak                     Conduct.
          28071 orang (100%)
       g. Program implementasi ISO 37001:2016 tentang              g. Implementation of ISO 37001:2016 on Anti-
          Sistem Manajemen Anti Penyuapan (SMAP),                     Bribery Management Systems (ABMS). The
          Perusahaan telah mendapatkan 4 (empat)                      company has obtained 4 ISO 37001:2016 ABMS
          sertifikat ISO 37001:2016 SMAP dengan ruang                 certifications covering 20 units at the Head
          lingkup 20 Unit di Kantor Pusat yang mewakili               Office, including all Directorates, Daop 3 Cirebon,
          seluruh Direktorat, Daop 3 Cirebon, Divre 3                 Divre 3 Palembang, and Balai Yasa Manggarai
          Palembang dan Balai Yasa Manggarai. Barang                  for goods and services.
          dan Jasa.
       h. Sosialisasi GCG, Sosialisasi GCG pada tahun 2023          h. GCG Socialization. In 2023, GCG socialization
          telah dilakukan sebanyak 23 kegiatan secara                  activities were conducted 23 times both online
          online dan offline kepada Stakeholder (Internal              and offline for stakeholders (internal and
          dan eskternal) dan sosialisasi rutin yang                    external), with routine socialization carried out
          dilakukan melalui media internal Perusahaan                  through the company’s internal media every
          setiap bulan.                                                month.
  12. Penerapan Sistem Manajemen Mutu dengan                   12. Implementation of Quality Management Systems
      melakukan:                                                   by:
       a. Monitoring Implementasi SMM ISO 9001:2015                 a. Monitoring the implementation of ISO 9001:2015
          dilaksanakan        melalui      pendampingan                Quality Management Systems (QMS) through
          implementasi di 6 Balai Yasa Sarana, 9 Daerah                support at 6 Balai Yasa Sarana, 9 Operational
          Operasi, 4 Divisi Regional, Unit Corporate                   Areas, 4 Regional Divisions, Corporate Document
          Document Management, Unit Training and                       Management Unit, Training and Education Unit
          Education Ir. H. D juanda, Unit CC 121, Balai Yasa           Ir. H. D juanda, Unit CC 121, Balai Yasa Jembatan
          Jembatan Kiaracondong, dan Balai Yasa                        Kiaracondong, and Balai Yasa Mekanik Cirebon
          Mekanik Cirebon Prujakan                                     Prujakan.
       b. Audit Mutu Internal ISO 9001:2015 dilaksanakan            b. Conducting internal audits of ISO 9001:2015 QMS
          guna memastikan efektifitas penerapan Sistem                 to ensure the effectiveness of the Quality
          Manajemen Mutu dan Kesiapan Unit dalam                       Management System and the readiness of units
          menghadapi Auti Mutu Eksternal guna                          for external quality audits to maintain ISO
          mempertahankan sertifikat SMM ISO 9001:2015.                 9001:2015 certification.
       c. Pendampingan Audit Mutu Eksternal (Audit                  c. Assisting     with    external    quality   audits
          Sertifikasi,    Audit      Resertifikasi,   Audit            (Certification Audits, Recertification Audits,
          Surveillance) di 6 Balai Yasa Sarana, 9 Daerah               Surveillance Audits) at 6 Balai Yasa Sarana, 9
          Operasi, 4 Divisi Regional, Unit Corporate                   Operational Areas, 4 Regional Divisions,
          Document Management, Unit Training and                       Corporate Document Management Unit,
          Education IR. H. D juanda, Unit CC 121, Balai                Training and Education Unit Ir. H. D juanda, Unit
          Yasa Jembatan Kiaracondong, dan Balai Yasa                   CC 121, Balai Yasa Jembatan Kiaracondong, and
          Mekanik Cirebon Prujakan.                                    Balai Yasa Mekanik Cirebon Prujakan. Mekanik
                                                                       Cirebon Prujakan.
  13. Melakukan Kegiatan Peningkatan Mutu dengan               13. Quality Improvement Activities included:
      kegiatan beberapa hal antara lain:
       a. Menyenggarakan Kegiatan Award Internal,                  a. Organizing Internal Awards, specifically:
          yaitu:
           • Innovation & Improvement Award pada                       •   Innovation & Improvement Award held
              tanggal    15    s.d.  17   Agustus   2023                   from August 15 th to 17 th, 2023 at Hotel Illira,
              dilaksanakan di Hotel Illira, Banyuwangi                     Banyuwangi, with 62 finalist teams and 139
              dengan jumlah peserta final 62 Tim/139                       participants.
              Orang.
       b. Mengikuti Kegiatan Award Eksternal, yaitu:               b. Participating in External Awards, specifically:
           • Keikutsertaan Temu Karya Mutu dan                         • Participation in the National Quality and
              Produktivitas Nasional (TKMPN) XXVII Tahun                  Productivity Workshop (TKMPN) XXVII in
              2023 pada tanggal 17 s.d. 30 November 2023                  Yogyakarta from November 17 to 30, 2023,
              di Yogyakarta dengan mengirimkan 31                         with 31 participants and 13 teams, achieving
              Orang/13      Tim     dengan     perolehan                  2 Diamond, 8 Platinum, and 3 Gold awards
              penghargaan 2 Diamond, 8 Platinum dan                       (Diamond range: 94-100; Platinum range:
              3 Gold (range penilaian Diamond 94 - 100;                   87-93.9; Gold range: 79-86.9; Silver range:
              Platinum 87 – 93,9; Gold 79-86,9; Silver 70                 70-78.9; Bronze range: 60-69.9).
              – 78,9; Bronze 60 – 69,9)




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                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       c. Kegiatan Coaching kepada perwakilan auditor                    c. Conducting coaching sessions for internal
          internal SMM ISO 9001:2015 berasal seluruh                        auditors of SMM ISO 9001:2015 from all Daops,
          Daop, Divre, Balai Yasa Sarana, Balai Yasa                        Divres, Balai Yasa Sarana, Balai Yasa Prasarana,
          Prasarana, Kantor Pusat dan Unit USQ                              the Central Office, and Unit USQ.
  14. Penerbitan 12 Edisi E-Magz.                                  14. Publishing 12 editions of the E-Magz.
  15. Memproduksi 2 buku Perusahaan.                               15. Producing 2 company books.
  16. Melakukan penerbitan siaran pers sebanyak 301 judul.         16. Issuing 301 press releases.
  17. Melayani 947 orang permintaan public.                        17. Handling 947 public requests.
  18. Memproduksi 110 Video Perusahaan.                            18. Producing 110 company videos.



UNIT INTERNAL AUDIT
INTERNAL AUDIT UNIT
STRUKTUR ORGANISASI UNIT INTERNAL                               INTERNAL AUDIT UNIT ORGANIZATIONAL
AUDIT                                                           STRUCTURE
Berdasarkan Keputusan Direksi PT KAI (Persero) Nomor:           Based on the Decree of the Board of Directors of PT KAI
KEP.U/ KO.104/V/4/KA-2016 Tanggal 26 Mei 2016 tentang           (Persero) Number: KEP.U/ KO.104/V/4/KA-2016 dated May
Organisasi dan Tata Laksana Unit Internal Audit/Satuan          26 th,  2016    concerning   the   Organization     and
Pengawasan Intern, Struktur Organisasi Unit Internal            Management of the Internal Audit Unit/Internal Audit
Audit adalah sebagai berikut.                                   Unit, the Organizational Structure of the Internal Audit
                                                                Unit is as follows .




                                                 EVP
                                            INTERNAL AUDIT
                                                 (UI)




         VP                  VP                   VP                                          VP
   GENERAL AUDIT 1     GENERAL AUDIT 2       SPESIAL AUDIT                                Evaluation,
        (UI.1)              (UI.2)               (UIS)                                    Monitoring
                                                                                       & Administration
                                                                                             (UIA)




   SENIOR AUDITOR 1    SENIOR AUDITOR 1     SENIOR AUDITOR 1
    GENERAL AUDIT       GENERAL AUDIT        GENERAL AUDIT
                                                                     MANAGER              MANAGER               MANAGER
                                                                    Evaluation,          Evaluation,            Program &
                                                                    Monitoring           Monitoring           Administration
                                                                 External & Special    Operational Audit      Internal Audit
                                                                    Audit (UIAE)            (UIAO)                (UIAA)


   SENIOR AUDITOR 2    SENIOR AUDITOR 2    SENIOR AUDITOR 2


                                                                                                               ASSISTANT
                                                                     ASSISTANT           ASSISTANT
                                                                                                                MANAGER
                                                                     MANAGER              MANAGER
                                                                                                            Program & Finance
                                                                    Evaluation &         Evaluation,
                                                                                                              Administration
                                                                     Monitoring          Monitoring
                                                                                                                 Internal
                                                                   External Audit      Operational Audit
                                                                                                                  Audit
      AUDITOR 1           AUDITOR 1            AUDITOR 1




                                                                    ASSISTANT              ASSISTANT            ASSISTANT
                                                                    MANAGER                MANAGER              MANAGER
                                                                   Evaluation &        Data Processing &         General
      AUDITOR 2           AUDITOR 2            AUDITOR 2            Monitoring           Internal Audit       Administration
                                                                   Special Audit             Report           Internal Audit




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                                                                   Annual and Sustainability Report
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                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




KEDUDUKAN UNIT INTERNAL AUDIT DALAM                            POSITION OF THE INTERNAL AUDIT UNIT IN
STRUKTUR ORGANISASI                                            THE ORGANIZATIONAL STRUCTURE
Berdasarkan Keputusan Direksi PT KAI (Persero) Nomor           Based on the Decree of the Board of Directors of PT KAI
KEP.U/ KO.104/V/4/KA-2016 Tanggal 26 Mei 2016 tentang          (Persero) Number KEP.U/ KO.104/V/4/KA-2016 dated May
Organisasi dan Tata Laksana Unit Internal Audit/Satuan         26 th,  2016    concerning     the    Organization    and
Pengawasan Intern, Unit Internal Audit berkedudukan            Management of the Internal Audit Unit/Internal Supervision
di Kantor Pusat Perseroan, yaitu di Bandung. Secara            Unit, the Internal Audit Unit is located at the Company's
struktural, Unit Internal Audit berada satu tingkat di         Head Office, namely in Bandung. Structurally, the Internal
bawah Direksi dan bertanggung jawab secara langsung            Audit Unit is one level below the Board of Directors and
kepada Direktur Utama.                                         is directly responsible to the President Director.

PIHAK YANG MENGANGKAT DAN                                      PARTY WHO APPOINTS AND DISMISSES THE
MEMBERHENTIKAN KEPALA UNIT AUDIT                               HEAD OF THE INTERNAL AUDIT UNIT
INTERNAL
Mengacu pada Keputusan Direksi PT KAI (Persero) Nomor:         Referring to the Decree of the Board of Directors of PT
SK.U/KG.210/II/1/KA-2022 tanggal 10 Februari 2022 tentang      KAI (Persero) Number: SK.U/KG.210/II/1/KA-2022 dated
Penetapan Piagam Internal Audit, Kepala Unit Audit             February 10 th, 2022 concerning Determination of the
Internal diangkat dan diberhentikan dengan ketentuan           Internal Audit Charter, the Head of the Internal Audit
sebagai berikut:                                               Unit is appointed and dismissed with the following
   1. Unit Internal Audit dipimpin oleh seorang Kepala         conditions:
      SPI/ Executive Vice President yang diangkat dan             1. The Internal Audit Unit is led by a Head of SPI/
      diberhentikan oleh Direktur Utama setelah                      Executive Vice President who is appointed and
      mendapat persetujuan Dewan Komisaris.                          dismissed by the President Director after obtaining
   2. Kepala Unit Internal Audit bertanggung jawab                   approval from the Board of Commissioners.
      secara struktural kepada Direktur Utama, dapat              2. The Head of the Internal Audit Unit is structurally
      berkomunikasi dengan Direksi dan berkoordinasi                 responsible to the President Director, can
      dengan Komisaris melalui Komite Audit.                         communicate with the Board of Directors, and
                                                                     coordinates with the Board of Commissioners
                                                                     through the Audit Committee.

PIAGAM PENGAWASAN INTERNAL                                     INTERNAL AUDIT CHARTER
Satuan Pengawas Intern Perseroan memiliki Piagam               The Company's Internal Audit Unit has an Internal Audit
Internal Audit (Internal Audit Charter) sebagai dasar          Charter as a basic reference for objectives, authority and
acuan bagi tujuan, kewenangan, dan tanggung jawab              responsibilities related to internal audit activities, which
terkait aktivitas audit internal, yang ditetapkan              are determined based on the Decree of the Directors of
berdasarkan Keputusan Direksi PT KAI (Persero) Nomor:          PT KAI (Persero) Number: SK.U/KG.210/II /1/ KA-2022 dated
SK.U/KG.210/II/1/ KA-2022 tanggal 10 Februari 2022.            February 10th, 2022. The KAI Internal Audit Charter applies
Piagam Internal Audit berlaku sebagai pedoman yang             as a guideline that explains the position and activities
menjelaskan posisi dan aktivitas Satuan Pengawasan Intern      of the Internal Audit Unit within the organization,
dalam organisasi, memberikan kewenangan akses                  authorizes access to records, personnel and physical
terhadap catatan, personil, dan properti fisik yang relevan    property relevant to assignment practices, and defines
dengan praktik penugasan, serta mendefinisikan ruang           the scope Internal Audit Unit activities.
lingkup aktivitas Satuan Pengawasan Intern.

Lebih dari itu, Piagam Pengawasan Intern memuat                More than that, the Internal Supervision Charter contains
pengakuan terhadap eksistensi dan komitmen pemimpin            recognition of the existence and commitment of leaders
atas fungsi Unit Internal Audit/Satuan Pengawasan Intern       to the function of the Internal Audit Unit/Internal
(SPI) pada PT Kereta Api Indonesia (Persero). Piagam           Supervision Unit (SPI) at PT Kereta Api Indonesia (Persero).
Internal Audit KAI disusun dengan berdasarkan definisi         The KAI Internal Audit Charter is formulated based on
audit internal, kode etik, International standard for the      the definition of internal auditing, the code of ethics, and
Professional Practice of internal Auditing yang ditertibkan    the International Standards for the Professional Practice
International Audit Standard Board (IASB) The Institute        of Internal Auditing issued by the International Audit
of Internal Auditors (IIA).                                    Standards Board (IASB) of The Institute of Internal
                                                               Auditors (IIA).




                       Laporan Tahunan dan Keberlanjutan
448                                                                                     PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 449
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Dengan mengacu pada ketentuan dan standar tersebut,           By referring to these provisions and standards, the KAI
Piagam Internal Audit KAI memuat butir-butir sebagai          Internal Audit Charter contains the following points:
berikut:
   1. Visi, Misi, Fungsi, dan Ruang Lingkup;                     1. Vision, Mission, Function, and Scope;
   2. Struktur, Kedudukan, dan Hubungan Kerja;                   2. Structure, Position, and Work Relation;
   3. Tanggung Jawab, Kewenangan, dan Larangan;                  3. Responsibilities, Authorities and Prohibitions;
   4. Independensi, Objektivitas, dan Profesional;               4. Independence, Objectivity and Professionalism;
   5. Kode Etik;                                                 5. Code of Ethics;
   6. Program pengembangan dan peningkatan kualitas              6. Trust development and quality improvement
      kepercayaan dan Lain-Lain                                     programs And Miscellaneous.

TUGAS DAN TANGGUNG JAWAB INTERNAL                             INTERNAL AUDIT DUTIES AND
AUDIT                                                         RESPONSIBILITIES
Mengacu pada Keputusan Direksi PT KAI (Persero) Nomor:        Referring to the Decree of the Board of Directors of PT
SK.U/KG.210/II/1/KA-2022 tanggal 10 Februari 2022 tentang     KAI (Persero) Number: SK.U/KG.210/II/1/KA-2022 dated
Penetapan Piagam Internal Audit, Unit Audit Internal          February 10 th, 2022 concerning Determination of the
memiliki tanggung jawab sebagai berikut:                      Internal Audit Charter, the Internal Audit Unit has the
                                                              following responsibilities:
  1. Merencanakan dan melaksanakan aktivitas audit               1. Plan and carry out internal audit activities, including
     internal, mencakup pemberian keyakinan dan                     providing assurance and input with an emphasis
     masukan dengan penekanan pada aktivitas yang                   on activities that have high risk.
     mempunyai risiko tinggi.
  2. Mengembangkan sistem untuk memantau proses                  2. Develop a system to monitor the follow-up process
     tindak lanjut atas aktivitas audit internal.                   for internal audit activities.
  3. Melaporkan secara periodik atas aktivitas audit             3. Report periodically on internal audit activities to
     internal kepada Direksi, Dewan Komisaris, dan/atau             the Board of Directors, Board of Commissioners,
     Komite Audit.                                                  and/or Audit Committee.
  4. Memastikan bahwa sumber daya Unit Internal Audit            4. Ensure that the resources of the Internal Audit Unit
     telah sesuai, memadai, dan dapat digunakan secara              are appropriate, adequate and can be used
     efektif dalam rangka pencapaian rencana yang telah             effectively in order to achieve the plans that have
     ditetapkan.                                                    been set.
  5. Mengembangkan         quality     assurance     and         5. Developing a quality assurance and improvement
     improvement program (QAIP) sebagai evaluasi                    program (QAIP) as an evaluation of the conformity
     kesesuaian aktivitas audit internal terhadap Standar           of internal audit activities to IIA Standards and the
     IIA dan Kode Etik Internal Auditor.                            Internal Auditor Code of Ethics.
  6. Melakukan koordinasi dengan auditor eksternal dan           6. Coordinating with external auditors and other
     penyedia jasa asuransi lainnya, untuk mencapai hasil           insurance      service    providers,     to   achieve
     yang komprehensif dan optimal.                                 comprehensive and optimal results.

KEWENANGAN INTERNAL AUDIT                                     INTERNAL AUDIT AUTHORITY
Berdasarkan Keputusan Direksi PT KAI (Persero) Nomor:         Based on the Decree of the Board of Directors of PT KAI
SK.U/KG.210/II/1/KA-2022 tanggal 10 Februari 2022 tentang     (Persero) Number: SK.U/KG.210/II/1/KA-2022 dated
Penetapan Piagam Internal Audit, Unit Internal Audit          February 10 th, 2022 concerning Determination of the
memiliki wewenang untuk:                                      Internal Audit Charter, the Internal Audit Unit has the
                                                              authority to:
  1. Melakukan aktivitas audit internal terhadap semua           1. Carrying out internal audit activities for all company
     unit kerja perusahaan, dan/atau anak perusahaan,               work units, and/or subsidiaries, in accordance with
     sesuai tata kelola yang baik (good governance).                good governance.
  2. Melakukan aktivitas audit khusus/investigatif               2. Carrying out special/investigative audit activities
     terhadap unsur kegiatan yang terindikasi fraud dan             on elements of activities that are indicated as fraud
     melanggar code of conduct.                                     and violate the code of conduct.
  3. Mengakses seluruh data dan informasi yang relevan           3. Access all relevant data and information without
     tanpa pembatasan tentang perusahaan, dan/atau                  restrictions about the company, and/or subsidiaries,
     anak perusahaan, termasuk meminta keterangan                   including asking for information from all relevant
     kepada semua pekerja terkait.                                  workers.
  4. Melakukan komunikasi secara langsung dengan                 4. Communicate directly with the Board of Directors,
     Direksi, Dewan Komisaris, dan/atau Komite Audit.               Board of Commissioners, and/or Audit Committee.
  5. Mengadakan rapat secara berkala dan insidentil              5. Hold regular and incidental meetings with the Board
     dengan Direksi, Dewan Komisaris, dan/atau Komite               of Directors, Board of Commissioners, and/or Audit
     Audit.                                                         Committee.




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             449
                                                                 Annual and Sustainability Report
Page 450
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




  6. Melakukan koordinasi dengan pihak eksternal,                         6. Coordinate with external parties, including
     termasuk regulator dan/atau auditor eksternal.                          regulators and/or external auditors.
  7. Meminta atau mendapatkan bantuan tenaga ahli/                        7. Request or obtain expert/professional assistance,
     profesional, jika dianggap perlu, baik dari dalam                       if deemed necessary, both from within and outside
     maupun dari luar perusahaan.                                            the company.
  8. Mengikuti rapat yang bersifat strategis tanpa                        8. Participate in strategic meetings without having
     memiliki hak suara.                                                     voting rights.

PROFIL EVP INTERNAL AUDIT                                               EVP PROFILE INTERNAL AUDIT

                                               DWI ERNI RATNAWATI
                                 EVP Internal Audit PT KAI / EVP Internal Audit PT KAI

 Kewarganegaraan / Citizenship        Warga Negara Indonesia / Indonesian

 Domisili / Domicile                  Kota Bogor, Jawa Barat / Bogor City, West Java

 Tempat dan Tanggal Lahir /           Pekalongan, 2 Oktober 1968 / Pekalongan, October 2 nd, 1968
 Place and Date of Birth

 Usia / Age                           55 tahun / 55 years old

 Periode Menjabat / Term of           Juli 2018 - Sekarang / July 2018 - Present
 Office

 Dasar Hukum Penunjukan /             SK.U/KH.608/VII/33/SAP/KA2018, tanggal 12 Juli 2018 / SK.U/KH.608/VII/33/SAP/KA2018, date on
 Legal Basis of Appointment           July 12 th, 2018

 Riwayat Pendidikan /                  • S1 Akuntansi, Universitas Padjadjaran – 1993 / Bachelor’s Degree in Accounting at
 Educational Background                  University of Padjadjaran – 1993
                                       • S2 Manajemen Keuangan Universitas Satyagama – 2000 / Master’s Degree of Financial
                                         Management at University of Satyagama

 Sertifikasi / Certification          CA (Chartered Accountant)

 Pengalaman Kerja / Employment         • EVP Internal Audit PT KAI (Juli 2018 - sekarang) / EVP Internal Audit PT KAI (July 2018 -
 History                                 Present)
                                       • EVP Daerah Operasi 4 Semarang PT KAI (April – Juli 2018) / EVP District Operation 4
                                         Semarang PT KAI (April – July 2018)
                                       • EVP Daerah Operasi 3 Cirebon PT KAI (Januari – April 2018) / EVP District Operation 3
                                         Cirebon PT KAI (January – April 2018)
                                       • EVP Daerah Operasi 5 Purwokerto PT KAI (Juli 2016 - Januari 2018) / EVP District
                                         Operation 5 Purwokerto PT KAI (July 2016 - January 2018)
                                       • Deputy EVP Daerah Operasi 6 Yogyakarta PT KAI (April – Juli 2016) / Deputy EVP District
                                         Operation 6 Yogyakarta PT KAI (April – July 2016)
                                       • CDD Training and Education PT KAI (Maret – April 2016) / CDD Training and Education PT
                                         KAI (March – April 2016)
                                       • EVP Training and Education IR.H.D juanda PT KAI (Februari – Maret 2016) / EVP Training
                                         and Education IR.H.D juanda PT KAI (February – March 2016)
                                       • EVP Internal Audit PT KAI (Agustus 2014 – Februari 2016) / EVP Internal Audit PT KAI
                                         (August 2014 – February 2016)
                                       • Kasubaud Jatim III Perwakilan Jatim – BPK RI (Mei 2013 – Juni 2014) / Kasubaud Jatim III
                                         Jatim Representative – BPK RI (May 2013 – June 2014)


JUMLAH DAN KOMPOSISI PERSONIL UNIT                                      NUMBER AND COMPOSITION OF INTERNAL
AUDIT INTERNAL                                                          AUDIT UNIT PERSONNEL
Pada posisi 31 Desember 2023, Unit Internal Audit memiliki              As of December 31 st, 2023, the Internal Audit Unit has 117
personil sejumlah 117 orang terdiri dari 19 orang pekerja               personnel consisting of 19 structural and implementing
struktural dan pelaksana serta 40 auditor. Perincian                    workers and 40 auditors.. The details of the matter are
mengenai hal tersebut adalah sebagai berikut:                           as follows:

                                                                       Jumah Pekerja
                                                                    The Number of Worker
               Jabatan
  No                                                                                                                                 Total
               Position            Evaluation,
                                 Monitoring, and          General Audit 1           General Audit 2          Special Audit
                                 Administration

   1     EVP                             1                          0                        0                     0                   1

   2     VP                              1                          1                        1                     1                  4

   3     Manager                        3                           0                        0                     0                  3




                          Laporan Tahunan dan Keberlanjutan
450                                                                                                 PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 451
                                       Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                        Jumah Pekerja
                                                                     The Number of Worker
               Jabatan
  No                                                                                                                           Total
               Position                Evaluation,
                                     Monitoring, and         General Audit 1        General Audit 2           Special Audit
                                     Administration

   4     Specialist                          6                      0                       0                       0            6

   5     Pelaksana                           5                      0                       0                       0            5

 Jumlah Material
                                             16                     1                       1                        1          19
 Number of Managerial

   1     Senior Auditor 1                    0                      2                       3                       3            8

   2     Senior Auditor 2                    0                      6                       4                       3           13

   3     Auditor 1                           0                      3                       5                       4           12

   4     Auditor 2                           0                      3                       1                       3            7

 Jumlah Auditor
                                             0                      12                     14                       13          40
 Number of Auditor

 Total                                       16                     13                     15                       14          59


SERTIFIKASI PROFESI PERSONIL UNIT AUDIT                                  PROFESSIONAL CERTIFICATION OF
INTERNAL                                                                 INTERNAL AUDIT UNIT PERSONNEL
Pada posisi 31 Desember 2023, Unit Audit Internal telah                  As of December 31 st, 2023, the Internal Audit Unit has
dilengkapi oleh sejumlah personil yang memiliki sertifikasi              been equipped with a number of personnel who have
profesi, dengan perincian sebagai berikut:                               professional certification, with the following details:

                      Nama Diklat                          Jumlah Peserta                          Waktu Pelaksanaan
                    Name of Training                     Number of Participant                       Time of Event

 Sertifikasi YPIA                                                   3                Februari, April / February, April

 a. Tingkat Lanjutan / Advanced Level                               4                Maret s.d Agustus / March to August

 b. Tingkat Manajerial / Managerial Level                           10               November, Desember / November, Desember

 c. Wisuda QIA / QIA Graduation

 CPIA (Certified Parctisioner on Internal Audit)                    4                Juni / June

 CIA (Certified Internal Audit)                                     4                April s.d Desember / April to Desember

 CIAE (Certified Internal Audit Executive)                          1                Mei / May

 CFE (Certified Fraud Examiner)                                     2                Mei / May

 CFrA (Certified Forensic Auditor)                                  4                Juli s.d Agustus / July to August

 CRMP (Certified Risk Management Profesional)                       5                September / September

 Pelatihan Risk Bases Audit (RBA) / Risk Bases
                                                                    11               Februari, April / February, April
 Audit (RBA) Training

 Pelatihan berkaitan basis digital & teknologi
 informasi untuk audit / Related training to                        10               Agustus/November / August/November
 digital base & information technology for audit

 Seminar/Workshop terkait audit / Audit related                                      Februari, Juli, September, November / February,
                                                                    12
 seminars/workshops                                                                  July, September, November




                                                                         Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                      451
                                                                             Annual and Sustainability Report
Page 452
                                      Tata Kelola Perusahaan
                                      Good Corporate Governance




PROGRAM PENINGKATAN KOMPETENSI                                    INTERNAL AUDIT UNIT COMPETENCY
UNIT AUDIT INTERNAL                                               IMPROVEMENT PROGRAM
Pada tahun 2023, personil Unit Audit Internal mengikuti           In 2023, Internal Audit Unit personnel will take part in a
program peningkatan kompetensi dengan perincian                   competency improvement program with the following
sebagai berikut:                                                  details:

                  Nama                   Jabatan       Nama Training           Tanggal Pelaksanaan              Penyelenggara
  No
                  Name                   Position     Name of Training            Date of Event                   Organizer

                                                                           • 29 Apr-10 Mei 2024 (E-
                                                                             Learning), 13-16 Mei 2024
                                                                             (TM/PJJ), 4-5 Jun 2024
                                                                             (Ujikom)
                                                                             Apr 29 th-May 10 th 2024 (E-
                                                                             Learning), May 13 th-16 th,
                                       Vice
                                                                             2024 (TM/PJJ), Jun 4 th-5 th,
       1. Bambang Purwanto             President     Certified Internal
                                                                             2024 (Ujikom)                     Pusdiklatwas
   1      Atmadji                                    Audit Executive
                                                                                                               BPKP
       2. Aulia Hafiizh                Senior        (CIAE)
                                                                           • 15-26 Jul 2024 (E-Learning),
                                       Auditor 1
                                                                             29 Jul-1 Ags 2024 (TM/PJJ),
                                                                             20-21 Ags 2024 (Ujikom)
                                                                             Jul 15 th-26 th, 2024 (E-
                                                                             Learning), Jul 29th-Aug 1 st,
                                                                             2024 (TM/PJJ), Aug 20 th-21 st,
                                                                             2024 (Ujikom)

       1. Ari Sulistyasih
       2. Riang Ardiansyah
           Ghofar
       3. Nasheh Uluwan
       4. Mochamad Rizky
           Pratama Adinegara
       5. Ismail Hasan                 Senior
       6. Prayitno                     Auditor 1
       7. Paulus Satria Endragian
       8. Adin Muhammad                Manager
           Jamaluddin Saify
       9. Mohammad Safrurriza          Senior                              • 23-26 April 2024                  Lembaga Center
       10. Imam Nur Haryanto           Auditor 2     Certified Qualified     April 23 rd-26 th, 2024           for Risk
  2    11. Akmal Fachrizal                           Risk Management                                           Management &
       12. Fajar Trasmoyo Jati         Specialist    Officer (QRMO)        • 2-5 Juli 2024                     Sustainability
       13. Ari Ahmad Anwari                                                  July 2 nd-5 th, 2024              (CRMS)
       14. Megi Irawan                 Auditor 1
       15. Ririn Triyutami Rufianti
       16. Susan Arimbi                Auditor 2
       17. Zunaedi
       18. Susi Herawati               Executor
       19. Kusmiyati
       20. Fauziah Ulfa
       21. Dini Oktaviani Putri
       22. Sahid Putra Isnain
           Cahya Ardy
       23. Dani Mukhlis Susanto

                                                                           • Pelatihan Fraud Auditing 1
                                                                             (4 hari): 23-26 Apr 2024
                                                                             Fraud Auditing Training 1
                                                                             (4 days): Apr 23 rd-26 th, 2024
                                                                           • Pelatihan Fraud Auditing 2
       1. Soraya Khairunninsa                                                (4 hari): 28-31 Mei 2024
       2. Ari Sulistyasih                                                    Fraud Auditing training 2         Lembaga
       3. Mega Yulita                                Certified Forensic      (4 days): May 28 th-31 st, 2024   Pengembangan
       4. Dani Ahmad Ramdani           Senior        Auditor (CFrA)        • Pelatihan Audit Forensik (3       Fraud Auditing
       5. Robby Harris                 Auditor 1                             hari) dan Ujian Kompetensi        (LPFA)
  3       Darmawan                                                           (2 hari secara tatap muka/
       6. Yansen Fictor                Senior                                offline): 19 Juni 2024
          Pangaribuan                  Auditor 2                             Audit Forensic training (3
       7. Yudha Adi Riyanto                                                  days) and Competency
       8. Muhammad Ary                                                       Exams. (2days): June 19 th,
          Wicaksono                                                          2024

                                                                           • 28 Okt-1 Nov & 6 Nov 2024
                                                     Certified Corporate
                                                                             (in class training)               Lembaga PPM
                                                     Forensic Auditor
                                                                             Oct 28 th-Nov 1 st & Nov 6 th     Manajemen
                                                     (CCFA)
                                                                             2024 (in class training)




                       Laporan Tahunan dan Keberlanjutan
452                                                                                            PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 453
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                     Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                    Nama                 Jabatan           Nama Training                Tanggal Pelaksanaan               Penyelenggara
  No
                    Name                 Position         Name of Training                 Date of Event                    Organizer

                                                         Sertifikasi
        1. Yudhistira Ari Nugroho                        Perlindungan Data                                            Asosiasi
        2. Adhitya Triandita           Senior            Pribadi                    • 10-22 Februari 2024             Profesional Privasi
   4
           Nugrahaningtyas             Auditor 1         Personal Data                February 10 th-22 nd, 2024      Data Indonesia
        3. Sri Tyas Sadewo                               Protection                                                   APPDI
                                                         Certification

                                                         Certification from         • 24 Jun-6 Jul 2024
                                                         YPIA:                        Jun 24 th-Jul 6 th, 2024
        3 Orang Pegawai Baru                             a. Tingkat Dasar /         • 14-26 Okt 2024
        3 New Employee                                      Basic Level               Oct 14 th-26 th, 2024

                                       Pelaksana         b. Tingkat Lanjut /        • 15-27 Jul 2024
        Dani Mukhlis Susanto
                                       Executor             Advanced Level            Jul 15 th-27 th, 2024
                                                                                                                      Lembaga Yayasan
                                       Senior                                                                         Pendidikan
   5
        1. Daniel Setyo Budi           Auditor 1                                                                      Internal Audit
        2. Prayitno                                                                                                   (YPIA)
                                                         c. Tingkat
        3. Zunaedi                     Senior
                                                            Manajerial /            • 22 Apr-2 Mei 2024
        4. Fauziah Ulfa                Auditor
                                                            Managerial                Apr 22 nd-May 2 nd, 2024
        5. Dini Oktaviani Putri
                                                            Level
        6. Sahid Putra Isnain          Specialist
           Cahya Ardy
                                       Executor

   6    1. Paulus Satria Endragian
        2. Fakhrur Rozi Nasution       Senior
                                                         Certified IT Auditor
        3. Alwy Achmad Sofyan          Auditor 2                                    • 23 Juli & 31 Juli 2024          ESAS
                                                         Professional
        4. Riang Ardiansyah                                                           July 23 rd & July 31 st, 2024   MANAGEMENT
                                                         (CITAP)
           Ghofar                      Auditor 1
        5. Gilang Febriawan

                                                         Pelatihan berkaitan
                                                         basis digital &
                                                         teknologi informasi
                                                                                   Juni, November, tentatif
                                                         untuk audit
        20 Orang                                                                   (sesuai undangan)
   7                                                     Training related to
        20 People                                                                  June, November, tentative
                                                         digital base &
                                                                                   (by Invitation)
                                                         information
                                                         technology for
                                                         audits

                                                                                   Maret, Juli, September,
                                                         Seminar/workshop
                                                                                   Desember, tentatif (sesuai
                                                         terkait dengan
        20 Orang                                                                   undangan)
   8                                                     audit
        20 People                                                                  March, July, September,
                                                         Seminar/workshop
                                                                                   December, tentative
                                                         related to auditing
                                                                                   (according on Invitation)


REALISASI PENDIDIKAN DAN SEMINAR                                           REALIZATION OF EDUCATION AND
TAHUN 2023                                                                 SEMINARS IN 2023
Realisasi kegiatan pendidikan dan seminar yang diikuti                     The realization of educational activities and seminars
oleh personil Unit Audit Internal untuk tahun 2023 adalah                  attended by Internal Audit Unit personnel for 2023 is as
sebagai berikut.                                                           follows.

                                                               Jadwal Pelaksanaan
                                                                   Schedule
         Nama Diklat/Seminar/Workshop                                                                     Penyelenggara       Keterangan
  No
         Name Training/Seminar/Workshop                                                                     Organizer         Description
                                                         Tanggal                   Tempat
                                                          Date                      Venue

 TRIWULAN I QUARTER I

                                                                              Swiss-Bel inn
                                                   15-16 Februari 2023        Simatupang Jl. RA
        Kursus Public Speaking                                                                                                1 Orang
   1                                               February 15 th-16 th,      Kartini No.32 Lebak       SEPIKUL INSTITUTE
        Public Speaking Course                                                                                                1 Person
                                                   2023                       Bulus Jakarta
                                                                              Selatan




                                                                       Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                           453
                                                                           Annual and Sustainability Report
Page 454
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




                                                            Jadwal Pelaksanaan
                                                                Schedule
        Nama Diklat/Seminar/Workshop                                                            Penyelenggara       Keterangan
 No
        Name Training/Seminar/Workshop                                                            Organizer         Description
                                                      Tanggal                  Tempat
                                                       Date                     Venue

                                                                         Universitas
       Ujian CIA Part 2                        07 Maret 2023             Indonesia                                  1 Orang
  2                                                                                           IIA Indonesia
       CIA Examination Part 2                  March 7 th, 2023          University of                              1 Person
                                                                         Indonesia

       Seminar Online "IT Auditor
       Professional"                           08 Maret 2023                                  Revolution Mind       1 Orang
  3                                                                      Online
       Online Seminar "IT Auditor              March 8 th, 2023                               Indonesia             1 Person
       Professional"

       Seminar Online "Risk Management
       Based On ISO 31000:2018"                15 Maret 2023                                  Revolution Mind       1 Orang
  4                                                                      Online
       Online Seminar "Risk Management         March 15 th, 2023                              Indonesia             1 Person
       Based On ISO 31000:2018"

       Pelatihan "Fishbone Analysis, FMEA,
       dan Bow Tie Analysis Sebagai Alat
       Risk Assessment (ISO 31010 Series)      16 Maret 2023                                  Revolution Mind       1 Orang
  5                                                                      Online
       Training “Fishbone Analysis, FMEA,      March 16 th, 2023                              Indonesia             1 Person
       and Bow Tie Analysis as Risk
       Assessment Tools (ISO 31010 Series)”.

       Pelatihan Udemy Cyber Security
       Untuk Pemula                            28 Maret 2023                                                        1 Orang
  6                                                                      Online               BISA Al Academy
       Udemy Cyber Security Training for       March 28 th, 2023                                                    1 Person
       Beginners

       Pelatihan Udemy Penerapan audit
       Berbasis Risiko                         29 Maret 2023                                  Institut Akuntan      1 Orang
  7                                                                      Online
       Udemy Training Implementing Risk        March 29 th, 2023                              Publik Indonesia      1 Person
       Based Auditing

 TRIWULAN II QUARTER II

       Pelatihan Sertifikasi Qualified Risk                                                   Lembaga Sertifikasi
       Management Officer (QRMO)               9-12 Mei 2023                                  Profesi - Mitra       11 Orang
  8                                                                      Online
       Qualified Risk Management Officer       May 9 th-12 th, 2023                           Kalyana Sejahtera     11 People
       (QRMO) Certification Training                                                          (LSP MKS)

                                               19 Juni - 3 Juli 2023
       Sertifikasi QIA Tingkat Lanjutan                                                                             1 Orang
  9                                            June 19 th - July 3 rd,   Online               YPIA
       Advanced Level QIA Certification                                                                             1 Person
                                               2023

                                               19 Juni - 28 Juni
       Sertifikasi QIA Tingkat Manajerial      2023                                                                 12 Orang
  10                                                                     Online               YPIA
       Managerial Level QIA Certification      June 19 th - June                                                    12 People
                                               28 th, 2023

 TRIWULAN III QUARTER III

                                                                                                                    Auditor
                                                                                                                    Internal
       Sharing Session Peningkatan                                       Aula MTS Pusdiklat
                                                                                                                    Audit dan
       Kapabilitas Auditor Internal Audit                                Laswi No. 23
                                                                                                                    Anak
       dan Anak Perusahaan                     12-13 Juli 2023           Bandung
  11                                                                                          Internal Audit        Perusahaan
       Sharing Session Increasing the          July 12 th-13 th, 2023    MTS Pusdiklat
                                                                                                                    Internal
       Capability of Internal Audit and                                  Laswi Hall No. 23
                                                                                                                    Audit and
       Subsidiary Auditors                                               Bandung
                                                                                                                    Subsidiaries
                                                                                                                    Auditors

                                                                                                                    Auditor
                                                                                                                    Internal
                                                                                                                    Audit dan
       Konsinyering Laporan Audit dan
                                                                                                                    Anak
       Rapar Kerja Internal Audit              26-28 Juli 2023
  12                                                                     Hotel Mercure Bali   Internal Audit        Perusahaan
       Consignment of Audit Reports and        July 26 th-28 th, 2023
                                                                                                                    Internal
       Internal Audit Work Meetings
                                                                                                                    Audit and
                                                                                                                    Subsidiaries
                                                                                                                    Auditors




                       Laporan Tahunan dan Keberlanjutan
454                                                                                           PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 455
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                          Jadwal Pelaksanaan
                                                              Schedule
         Nama Diklat/Seminar/Workshop                                                          Penyelenggara       Keterangan
  No
         Name Training/Seminar/Workshop                                                          Organizer         Description
                                                    Tanggal                   Tempat
                                                     Date                      Venue

                                              • Aktivasi aplikasi
                                                (27 Juli 2023) /
                                                Application
                                                Activity (July 27 th,
                                                2023)

                                              • Tutorial apps (1
                                                Agustus 2023) /
                                                Tutorial apps
                                                (August 1 st, 2023)

                                              • Native Class With
                                                elsa (2 Agustus
                                                2023) / Native                               Pusdiklat Ir H
        Program Uji Coba dan Assessment
                                                Class With elsa                              D juanda No 23
        Bahasa Inggris Menggunakan
                                                (August 2 nd, 2023)                          Bandung / Ir H
        Platform Elsa Tahun 2023                                                                                   9 Orang
  13                                                                    Online               D juanda
        English Language Testing and                                                                               9 People
                                              • Explore fitur                                Education and
        Assessment Program Using the Elsa
                                                apps elsa (1                                 Training Center No.
        Platform in 2023
                                                bualn sejak                                  23 Bandung
                                                aktivasi) / Explore
                                                fiture apps elsa
                                                (1 month since
                                                activity)

                                              • Pengisian
                                                Kuesioner
                                                (paling lambat 25
                                                Agustus 2023) /
                                                Questionnaire
                                                (valid until
                                                August 25 th,
                                                2023)

        Sertifikasi CFE                      7-11 Agustus 2023                                                     1 Orang
  14                                                                    Online               ACFE Indonesia
        CFE Certificate                      August 7 th-11 th, 2023                                               1 Person
                                             21 Agustus - 2
        Sertifikasi QIA Tingkat Dasar        September 2023                                                        1 Orang
  15                                                                    Online               YPIA
        Basic Level QIA Certification        August 21 st -                                                        1 Person
                                             September 2 nd, 2023
                                             4 - 16 September
        Sertifikasi QIA Tingkat Lanjutan     2023                                                                  4 Orang
  16                                                                    Online               YPIA
        Advanced QIA Certification           September 4 th - 16 th,                                               4 People
                                             2023
        Konferensi NAFC (National Anti       13 - 14 September
                                                                                             Association of
        Fraud Conference)                    2023                       Hotel Double Tree                          3 Orang
  17                                                                                         Certified Fraud
        NAFC (National Anti Fraud            September 13 th - 14 th,   by Hilton Surabaya                         3 People
                                                                                             Examiners (ACFE)
        Conference)                          2023
                                             15 - 29 September
                                             2023
                                                                        E-Learning
                                             September 15 th -
                                             29 th, 2023
        Pelatihan dan Sertifikasi CIAE       2 - 5 Oktober 2023                                                    1 Orang
  18                                                                    Tatap Muka           BPKP
        CIAE Training and Certification      October 2 nd - 5 th,                                                  1 Person
                                                                        Fcae to face
                                             2023
                                             24 - 25 Oktober 2023
                                                                        Uji Kompetensi
                                             October 24 th - 25 th,
                                                                        Competency Test
                                             2023
        Pelatihan Qualified Risk             25-29 September
                                                                                             CRMS (Center for
        Management Analyst (QRMA)            2023                                                                  12 Orang
  19                                                                    Online               Risk Management &
        Qualified Risk Management Analyst    September 25 th -                                                     12 People
                                                                                             Sustainability)
        (QRMA) Training                      29 th, 2023
                                             27 September 2023          Auditorium MM FEB
        Workshop "Public Lecture Risk                                                                              2 Orang
  20                                         September 27 th,           UGM, Jl. Teknika     FKSPI
        Management"                                                                                                2 Person
                                             2023                       Utara 2 Yogyakarta




                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                455
                                                                        Annual and Sustainability Report
Page 456
                                      Tata Kelola Perusahaan
                                      Good Corporate Governance




                                                           Jadwal Pelaksanaan
                                                               Schedule
        Nama Diklat/Seminar/Workshop                                                             Penyelenggara       Keterangan
  No
        Name Training/Seminar/Workshop                                                             Organizer         Description
                                                     Tanggal                   Tempat
                                                      Date                      Venue

 TRIWULAN IV
 QUARTER IV

                                                                                                                     Pekerja Unit
                                                                                                                     Internal
        Workshop "Implementasi Big Data                                                                              Audit dan
        Analytics dan Computer Forensic                                  Hotel The             BPKP Direktorat       Anak
        dalam Pelaksanaan Audit"               4-5 Oktober 2023          Papandayan Jl.        Investigasi IV        Perusahaan
  21
        Workshop "Implementation of Big        October 4 th-5 th, 2023   Gatot Subroto No.     BPKP Investigation    Internal
        Data Analytics and Computer                                      83 Bandung            Directorate IV        Audit Unit
        Forensics in Audit Implementation"                                                                           and
                                                                                                                     Subsidiary
                                                                                                                     Employees

                                               16-28 Oktober 2023
        Sertifikasi QIA Tingkat Lanjutan                                                                             2 Orang
  22                                           October 16 th-28 th,      Online                YPIA
        Advanced QIA Certification                                                                                   2 Person
                                               2023

                                               16-25 Oktober 2023
        Sertifikasi QIA Tingkat Manajerial                                                                           2 Orang
  23                                           October 16 th-25 th,      Online                YPIA
        Managerial Level QIA Certification                                                                           2 Person
                                               2023

                                               4-6 Desember 2023                               Lembaga Sertifikasi
                                               (Training)                                      Profesi - Mitra
                                               December 4 th-6 th,                             Kalyana Sejahtera
        Pelatihan Sertifikasi Qualified Risk
                                               2023 (Training)                                 (LSP MKS)
        Management Officer (QRMO)                                                                                    10 Orang
  24                                                                     Online                Professional
        Qualified Risk Management Officer                                                                            10 People
                                               9 Desember 2023                                 Certification
        (QRMO) Certified Training
                                               (ujian)                                         Institute - Mitra
                                               December 9 th, 2023                             Kalyana Sejahtera
                                               (Test)                                          (LSP MKS)

        In House Training Pelatihan Teknik                               Aula MTS Pusdiklat
        Pengolahan Data (Big Data) untuk                                 Laswi No. 23
        Analisa dan Audit Menggunakan                                    Bandung
        Aplikasi Audit Command Language                                  MTS Pusdiklat Laswi   Lembaga
                                               5-6 Desember 2023
        (ACL) Data Analyst                                               Hall No. 23           Pendidikan PT         12 Orang
  25                                           December 5 th-6 th,
        In House Training Training on Data                               Bandung               Rizqallah Boer        12 People
                                               2023
        Processing Techniques (Big Data) for                             Laswi Education       Makmur (PT RBM)
        Analysis and Audit Using the Audit                               and Training Center
        Command Language (ACL) Data                                      MTS Hall No. 23
        Analyst Application                                              Bandung


LAPORAN SINGKAT PELAKSANAAN                                           SUMMARY OF INTERNAL AUDIT ACTIVITIES
KEGIATAN INTERNAL AUDIT TAHUN 2023                                    IN 2023
Mengacu pada Program Kerja Tahunan (PKT) 2023,                        Referring to the 2023 Annual Work Program (PKT),
kegiatan assurance direncanakan sebanyak 32                           assurance activities are planned for 32 audit assignments,
penugasan audit, yang terdiri dari 28 penugasan Audit                 consisting of 28 Operational Audit assignments, and 4
Operasional, dan 4 penugasan evaluasi. Per tanggal 31                 evaluation assignments. As of December 31 st, 2023, all
Desember 2023 seluruh penugasan telah selesai                         assignments have been completed. In addition, the
dilaksanakan Selain itu, Unit Audit Internal juga telah               Internal Audit Unit has also carried out investigative
melaksanakan audit investigatif, monitoring dan evaluasi,             audits, monitoring and evaluation, as well as consultations
serta konsultasi kepada auditee. Perincian program dan                with auditees. Details of the program and realization of
realisasi penugasan Unit Audit Internal tahun 2023                    Internal Audit Unit assignments in 2023 are as follows:
adalah sebagai berikut:

  1. Audit Operasional                                                   1. Operational Audit
     Berdasarkan PKT tahun 2023, penugasan audit                            Based on the 2023 PKT, 28 operational audit
     operasional tahun 2023 diprogramkan sebanyak 28                        assignments in 2023 are programmed. As of
     penugasan. Sampai dengan tanggal 31 Desember                           December 31 st, 2023, 30 operational audit
     2023, penugasan audit operasional terlaksana                           assignments were carried out, consisting of 28
     sebanyak 30 penugasan, terdiri dari 28 penugasan                       assignments in accordance with the 2023 PKT and
     sesuai PKT 2023 dan 2 penugasan audit Public                           2 Public Service Obligation (PSO) audit assignments
     Service Obligation (PSO) yang tidak direncanakan                       which were not planned in the 2023 PKT.
     dalam PKT 2023.




                         Laporan Tahunan dan Keberlanjutan
456                                                                                            PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 457
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  2. Penugasan Audit Investigatif/Khusus                         2. Investigative/Special Audit Assignments
     Pada tahun 2023 terdapat Lima penugasan audit                  In 2023 there will be five investigative audit
     Investigatif yaitu:                                            assignments, namely:
       a. Dugaan Penyimpangan Pengadaan Barang dan                    a. Alleged irregularities in the procurement of
          Jasa di Unit Sinyal, Telekomunikasi dan Listrik                goods      and    services     in   the  Signal,
          dengan SPTA Investigatif Nomor: 1/UI/INV/III/KA-               Telecommunications and Electricity Unit with
          2023 tanggal 21 Maret 2023 pada Daerah Operasi                 Investigative SPTA Number: 1/UI/INV/III/KA-
          2 Bandung dan Unit terkait lainnya;                            2023 dated March 21 st, 2023 in Operation Area
                                                                         2 Bandung and other related units;
       b. Dugaan Penyimpangan Pelaksanaan Tes                         b. Alleged Irregularities in the Implementation of
          Kesehatan dan Tes Bebas Narkoba untuk                          Health Tests and Drug Free Tests for PT KAPM
          Pekerja Outsourcing PT KAPM Area 10 Medan                      Area 10 Medan Outsourced Workers in the
          di Unit Kesehatan dengan SPTA Investigatif                     Health Unit with Investigative SPTA Number:
          Nomor: 2/UI/INV/III/KA-2023 tanggal 21 Maret                   2/UI/INV/III/KA-2023 dated March 21 st, 2023 in
          2023 pada Divisi Regional I Sumatera dan unit                  Regional Division I Sumatra and Other Related
          Terkait Lainnya;                                               Units;
       c. Dugaan Penyalahgunaan Dana Bagasi Tangan                    c. Alleged Misuse of Hand Baggage Funds at
          di Stasiun Gambir dan Pasar Senen dengan                       Gambir Station and Pasar Senen with
          SPTA Investigatif Nomor:3/UI/INV/X/KA-2023                     Investigative SPTA Number: 3/UI/INV/X/KA-
          tanggal 6 Oktober 2023 pada Daerah Operasi                     2023 dated October 6 th, 2023 in Operation Area
          1 Jakarta;                                                     1 Jakarta;
       d. Dugaan       Penyimpangan      Pembangunan                  d. Alleged irregularities in the construction of PT
          Container Yard (CY) PT Fortuna Marina                          Fortuna Marina Sejahtera (FMS) Container Yard
          Sejahtera (FMS) di Stasiun Simpang dengan                      (CY) at Simpang Station with Investigative
          SPTA Investigatif Nomor: 4/UI/INV/X/KA-2023                    SPTA Number: 4/UI/INV/X/KA-2023 dated
          tanggal 6 Oktober 2023 pada Divre III                          October 6 th, 2023 at Divre III Palembang; And
          Palembang; dan
       e. Dugaan Pelanggaran Penipuan Rekrutmen                      e. Alleged Recruitment Fraud Violations Sourced
          Bersumber dari Pembebasan Lahan KA Bandara                    from PT KAI (Persero) Soekarno-Hatta Airport
          Soekarno-Hatta PT KAI (Persero) dengan SPTA                   Railway Land Acquisition with Investigative SPTA
          Investigatif   Nomor:     5/UI/INV/XI/KA-2023                 Number: 5/UI/INV/XI/KA-2023 dated November
          tanggal 20 November 2023 pada Daop 1 Jakarta                  20 th, 2023 at Daop 1 Jakarta and Other Related
          dan Unit Terkait Lainnya.                                     Units.

  3. Penugasan Evaluasi                                          3. Evaluation Assignments
     Berdasarkan PKT tahun 2023 terdapat empat                      Based on the 2023 PKT, there were four evaluation
     penugasan evaluasi dan terealisasi 7 penugasan                 assignments and 7 assignments were realized that
     yaitu:                                                         is:
      a. Penyaluran,          Penggunaan,           dan               a. Distribution, Use and Accountability of Corporate
         Pertanggungjawaban Dana Corporate Social                        Social    Responsibility    (CSR)    Funds     for
         Responsibility (CSR) untuk penanggulangan                       overcoming Covid-19 with SPTE Number: 1/UI/
         Covid-19 dengan SPTE Nomor: 1/UI/EV/I/KA-2023                   EV/I/KA-2023 dated January 25 th, 2023 in
         tanggal 25 Januari 2023 Pada Corporate Social                   Corporate Social Responsibility (USS) and Other
         Responsibility (USS) dan Unit Terkait Lainnya;                  Related Units;
      b. Validasi data pengadaan, PDN, TKDN dan UMK                   b. Validation of procurement, PDN, TKDN and UMK
         Koperasi dengan SPTE Nomor: 2/UI/EV/I/KA/2023                   Cooperative data with SPTE Number: 2/UI/EV/
         tanggal 25 Januari 2023 pada Division of Head                   I/KA/2023 dated January 25 th, 2023 at the
         Logistics (KL) dan Unit Terkait Lainnya;                        Division of Head Logistics (KL) and other related
                                                                         units;
       c. Implementasi      Peningkatan     Penggunaan                c. Implementation of Increased Use of Domestic
          Produk Dalam Negeri (P3DN) dengan SPTE                         Products (P3DN) with SPTE Number: 3/UI/EV/
          Nomor: 3/UI/EV/VII/KA-2023 tanggal 5 Juli 2023                 VII/KA-2023 dated July 5 th, 2023 on the PT KAI
          pada Tim P3DN PT KAI (Persero);                                (Persero) P3DN Team;
       d. Perencanaan, Implementasi, Monitoring dan                   d. Planning, Implementing, Monitoring and
          Pelaporan Transformasi Digital dengan SPTE                     Reporting Digital Transformation with SPTE
          Nomor: 4/UI/EV/X/KA-2023 tanggal 6 Oktober                     Number: 4/UI/EV/X/KA-2023 dated October 6 th,
          2023 pada Digital Transformation Office 1,                     2023 at Digital Transformation Office 1, Digital
          Digital Transformation Office 2, Digital Center                Transformation Office 2, Digital Center of
          of Excellence, Division of Information System                  Excellence, Division of Information Systems (KI
          (KI) dan Unit Terkait Lainnya;                                 ) and Other Related Units;
       e. General and Application Control pada Sistem                 e. General and Application Control on the e-
          e-Procurement dengan SPTE Nomor: 5/UI/EV/                      Procurement System with SPTE Number: 5/UI/




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             457
                                                                 Annual and Sustainability Report
Page 458
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




         X/KA-2023 tanggal 6 Oktober 2023 pada Division               EV/X/KA-2023 dated October 6 th, 2023 in the
         of Logistics (MS), Division of Information System            Division of Logistics (MS), Division of Information
         (KI) dan Unit Terkait Lainnya;                               System (KI) and Other Related Units;
      f. Evaluasi      Sistem      Pengendalian      Intern        f. Evaluation of the Company's Internal Control
         Perusahaan        bersama        dengan     Badan            System together with the Financial and
         Pengawasan Keuangan dan Pembangunan                          Development Supervisory Agency (BPKP) with
         (BPKP) dengan SPTE Nomor: 6/UI/EV/X/KA-                      SPTE Number: 6/UI/EV/X/KA-2023 dated October
         2023 tanggal 6 Oktober 2023 pada PT Kereta                   6 th, 2023 at PT Kereta Api Indonesia (Persero);
         Api Indonesia (Persero); dan                                 And
      g. Evaluasi Proyek Strategis Nasional (PSN) dengan           g. Evaluation of the National Strategic Project
         SPTE Nomor: 7/UI/EV/X/KA-2023 tanggal 6                      (PSN) with SPTE Number: 7/UI/EV/X/KA-2023
         Oktober 2023 pada Division of Light Rail Transit             dated October 6 th, 2023 at the Division of Light
         Jabodebek dan PT Kereta Cepat Indonesia Cina.                Rail Transit Jabodebek and PT Kereta Cepat
                                                                      Indonesia Cina.

  4. Penugasan Konsultasi                                      4. Consulting Assignments
     Peran konsultansi Internal Audit yang dilakukan              The Internal Audit consultancy role carried out in
     pada tahun 2023 melalui undangan, terlaksana                 2023 through invitation, carried out 21 activities,
     sebanyak 21 kegiatan, diantaranya:                           including:
      a. Undangan dari Unit of Existing Business                    a. Invitation from the Unit of Existing Business
         Development Nomor: 5/KM.102/VIII/KA/2023                      Development Number: 5/KM.102/VIII/KA/2023
         tanggal 18 Agustus 2023 perihal Rencana                       dated August 18 th, 2023 regarding Follow-up
         Tindak lanjut atas Hasil Pekerjaan Perbaikan;                 Plans for the Results of Repair Work;
      b. Undangan dari Unit of Rolling Stock                        b. Invitation from the Unit of Rolling Stock
         Maintenance (KG) Nomor: 126/KG.113/X/KA/2023                  Maintenance (KG) Number: 126/KG.113/X/KA/2023
         tanggal 14 Oktober 2023 perihal Pembahasan                    dated October 14 th, 2023 regarding Discussion
         Pengadaan Roda Solid dan As Roda Solid Kereta                 on the Procurement of Solid Wheels and Solid
         dan Gerbong tahun 2023 kepada PT Railink;                     Axles for Trains and Wagons in 2023 to PT Railink;
      c. Undangan dari Unit of Passenger Facility (CPF)             c. Invitation from the Passenger Facility (CPF)
         Nomor: KG.113/X/191/KA-2023 tanggal 25 Oktober                Unit Number: KG.113/X/191/KA-2023 dated
         2023 perihal Rapat Pembahasan Tindak Lanjut                   October 25 th, 2023 regarding Meeting for
         Temuan Audit Operasional Pengelolaan                          Discussion of Follow-up to Operational Audit
         Angkutan dan Fasilitas Penumpang di Unit CPF;                 Findings of Management of Passenger
                                                                       Transport and Facilities at the CPF Unit;
      d. Undangan dari Kementerian Badan Usaha Milik                d. Invitation from the Ministry of State-Owned
         Negara Republik Indonesia Nomor: UND-73/                      Enterprises of the Republic of Indonesia
         INSPT.MBU/11/2023 tanggal 8 November 2023                     Number: UND-73/INSPT.MBU/11/2023 dated
         perihal Undangan Narasumber Sharing Session                   November 8 th, 2023 regarding Invitation for
         Penyusunan Program Kerja Pengawasan                           Speakers Sharing Session Preparation of Risk-
         Tahunan Berbasis Risiko;                                      Based Annual Supervision Work Program;
      e. Undangan dari Daop 6 Yogyakarta Nomor: 1/                  e. Invitation from Daop 6 Yogyakarta Number: 1/
         KJ.102/XI/DO.6/2023 tanggal 8 November 2023                   KJ.102/XI/DO.6/2023 dated November 8 th, 2023
         perihal Pembahasan Rencana Relokasi Gedung                    regarding Discussion of Plans for the
         Polsek Gedongtengen Yogyakarta; dan                           Relocation of the Yogyakarta Gedongtengen
                                                                       Police Building; And
      f. Undangan dari Unit of Strategic Business                   f. Invitation from the Unit of Strategic Business
         Planning and Investment Nomor: 227/KG.113/XI/                 Planning and Investment Number: 227/KG.113/
         KA/2023 tanggal 26 November 2023 perihal                      XI/KA/2023 dated November 26 th, 2023
         Pembahasan Perbedaan Nomenklatur pada                         regarding Discussion of Differences in
         Dokumen Kontrak Pekerjaan Penyusunan Kajian                   Nomenclature in Work Contract Documents for
         Lingkungan        untuk         Pembangunan                   Preparing Environmental Studies for the
         Pengembangan Jalur KA, Stasiun KA, dan                        Construction of Railway Tracks, Train Stations
         Fasilitas    Pendukung          di    Stasiun                 and Supporting Facilities in Tanjungenimbaru
         Tanjungenimbaru sampai dengan Stasiun                         Station to Kertapati Station, Regional Division
         Kertapati Wilayah Divre III Palembang.                        III, Palembang.

  5. Penugasan Kompilasi                                       5. Compilation Assignment
     LHA Kompilasi tahun 2023 diprogramkan sebanyak               The 2023 compilation plan included 3 (three)
     3 (tiga) Laporan Kompilasi dan terealisasi sebanyak          Compilation Reports, but 4 (four) reports were
     4 (empat) laporan dikarenakan Laporan Kompilasi              realized because the Health Management
     LHA Pengelolaan Kesehatan merupakan carry over               Compilation Report was a carryover from the 2022
     PKT Tahun 2022.                                              PKT.




                      Laporan Tahunan dan Keberlanjutan
458                                                                                   PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 459
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  5. Penugasan Monitoring Tindak Lanjut                                5. Compilation Assignment
     Program pelaksanaan Monitoring tindak lanjut                         The follow-up monitoring implementation program
     terhadap temuan hasil audit internal dan eksternal                   on the findings of internal and external audits in
     pada tahun 2023 dilakukan melalui daring by zoom,                    2023 will be carried out online by zoom, telephone,
     telepon, email, dan surat menyurat (RDS) ke Unit                     email and correspondence (RDS) to the Main
     Direktorat Utama, Direktorat Niaga (D1), Direktorat                  Directorate Unit, Directorate of Commerce (D1),
     Keselamatan dan Keamanan (D5), USS, CF, CP, CPC,                     Directorate of Safety and Security (D5), USS, CF, CP,
     CCC, OM, TJ, TS, RR,RT, MC, MT, MCI, MMH, PE, KCC,                   CPC, CCC, OM, TJ, TS, RR, RT, MC, MT, MCI, MMH,
     KG, Daop 1 Jakarta, Daop 2 Bandung, Daop 3 Cirebon,                  PE, KCC, KG, Daop 1 Jakarta, Daop 2 Bandung, Daop
     Daop 4 Semarang, Daop 5 Purwokerto, Daop 6                           3 Cirebon, Daop 4 Semarang, Daop 5 Purwokerto,
     Yogyakarta, Daop 7 Madiun, Daop 8 Surabaya, Daop                     Daop 6 Yogyakarta, Daop 7 Madiun, Daop 8 Surabaya,
     9 Jember, Divre I Sumatera Utara, Divre II Sumatera                  Daop 9 Jember, Divre I North Sumatra, Divre II West
     Barat, Divre III Palembang, Divre IV Tanjungkarang,                  Sumatra,     Divre   III  Palembang,      Divre    IV
     Balai Yasa Manggarai, Balai Yasa Surabaya Gubeng,                    Tanjungkarang, Balai Yasa Manggarai, Balai Yasa
     Balai Yasa Lahat, Anak Perusahaan PT KAPM, PT                        Surabaya Gubeng, Balai Yasa Lahat , Subsidiaries
     RMU, PT KA Pariwisata, dan PT KA Logistik.                           of PT KAPM, PT RMU, PT KA Wisata, and PT KA
                                                                          Logistik.

Pelaksanaan dan Frekuensi Rapat Gabungan bersama                   Implementation and Frequency of Joint Meetings with
Direksi, Dewan Komisaris, dan/atau Komite Audit                    the Board of Directors, Board of Commissioners, and/or
                                                                   Audit Committee
Pelaksanaan tugas Unit Audit Internal pada tahun 2023              Implementation of the duties of the Internal Audit Unit
telah mencakup pelaksanaan rapat gabungan bersama                  in 2023 includes holding joint meetings with the Board
Direksi, Dewan Komisaris dan/atau Komite Audit yaitu               of Directors, Board of Commissioners and/or Audit
sejumlah 9 kali. Perincian mengenai hal tersebut adalah            Committee, namely 9 times. Details regarding this matter
sebagai berikut: Pelaksanaan Rapat Gabungan Bersama                are as follows: Implementation of Joint Meetings with
Direksi, Dewan Komisaris, dan/atau Komite Audit                    the Board of Directors, Board of Commissioners and/or
                                                                   Audit Committee


         Tanggal Pelaksanaan                   Agenda Pembahasan                                  Peserta Rapat
  No
                Date                           Agenda of Discussion                             Meeting Attendance

                                                                                    Komisaris, Ketua Komite Audit,UI, KC, PS dan
                                    Pembahasan Progres KAP Tahap 2 General
        31 Desember 2023                                                            lainnya
   1                                Audit 2022 / Discussion of KAP Progress
        December 31 st, 2023                                                        Commissioner, Chair of the Audit
                                    Stage 2 General Audit 2022
                                                                                    Committee, UI, KC, PS and others

                                                                                    Komisaris, Ketua Komite Audit,UI, UIA, KCC,
                                    Pembahasan Pengadaan KAP untuk General
        1 September 2023                                                            KCA, KLU, KLP dan Tim HPS
   2                                Audit 2023 / Discussion of KAP Procurement
        September 1 st, 2023                                                        Commissioner, Chief Audit Committee,UI,
                                    for General Audit 2023
                                                                                    UIA, KCC,KCA, KLU, KLP dan HPS team

                                                                                    Komisaris, Ketua Komite Audit,UI, PI,PP, UIA,
        13 Oktober 2023             Pembahasan Konsesi / Concession                 KCC
   3
        October 13 th, 2023         Discussion                                      Commissioner, Chief Audit Committee,UI,
                                                                                    PI,PP, UIA, KCC

                                                                                    Ketua Komite Audit, D8, Dirku PT KCI,PT
                                                                                    Kalog, PT KAPM, PT RMU, PT Kawista, PT
                                                                                    Railink, KC, PS, CF, CP, RR, MC, MS, KI, KG,
        20 Oktober 2023                                                             KR, LRT Jabodebek
   4                                Entry meeting KAP General Audit 2023
        October 20 th, 2023                                                         Chief Audit Committee, D8, Dirku PT KCI,PT
                                                                                    Kalog, PT KAPM, PT RMU, PT Kawista, PT
                                                                                    Railink, KC, PS, CF, CP, RR, MC, MS, KI, KG,
                                                                                    KR, LRT Jabodebek

                                    Rapat Laporan Kinerja Unit Internal Audit       Ketua Komite Audit, Anggota Komite Audit,
        1 November 2023             Triwulan I, II, dan III / Internal Audit Unit   UI, UI.1, UI.2, UIS, UIA, UIAA, UIAO
   5
        November 1 st, 2023         Performance Report Meeting for Quarters I,      Chief Audit Committee, Audit Committee
                                    II and III                                      Members, UI, UI.1, UI.2, UIS, UIA, UIAA, UIAO

                                                                                    Ketua Komite Audit, Anggota Komite Audit,
                                                                                    D8, Dirku PT KCI,PT Kalog, PT KAPM, PT
                                                                                    RMU, PT Kawista, PT Railink, UI, PS, CCC,
                                    Pembahasan Progres KAP Tahap 1 General
        15 Desember 2023                                                            KGB, KCC LRT Jabodebek
   6                                Audit 2023 / Discussion of KAP Progress
        December 15 th, 2023                                                        Chief Audit Committee, Audit Committee
                                    Stage 1 GA 2023
                                                                                    Members, D8, Dirku PT KCI,PT Kalog, PT
                                                                                    KAPM, PT RMU, PT Kawista, PT Railink, UI,
                                                                                    PS, CCC, KGB, KCC LRT Jabodebek




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                                                                       Annual and Sustainability Report
Page 460
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




        Tanggal Pelaksanaan                  Agenda Pembahasan                                   Peserta Rapat
  No
               Date                          Agenda of Discussion                              Meeting Attendance

                                 Rapat Pembahasan Hasil Audit di
       8 Desember 2023           lingkungan Direktorat Keselamatan / Audit
  7                                                                               D5, SK, UI, SKO, UI.1, UI
       December 8 th, 2023       Results Discussion Meeting within the
                                 Safety Directorate

                                 Rapat Pembahasan Program Kerja Tahunan           Ketua Komite Audit, Anggota Komite Audit,
       15 Desember 2023          (PKT) Unit Internal Audit / Internal Audit       UI, UI.1, UI.2, UIS, UIA, UIAA, UIAO
  8
       December 15 th, 2023      Unit Annual Work Program (PKT) Discussion        Chief Audit Committee, Audit Committee
                                 Meeting                                          Members, UI, UI.1, UI.2, UIS, UIA, UIAA, UIAO

                                 Rapat Lanjutan Pembahasan Program Kerja          Ketua Komite Audit, Anggota Komite Audit,
       20 Desember 2023          Tahunan (PKT) Unit Internal Audit / Follow-      UI, UI.1, UI.2, UIS, UIA, UIAA, UIAO
  9
       December 20 th, 2023      up meeting to discuss the Annual Work            Chief Audit Committee, Audit Committee
                                 Program (PKT) of the Internal Audit Unit         Members, UI, UI.1, UI.2, UIS, UIA, UIAA, UIAO


TEMUAN DAN TINDAK LANJUT HASIL AUDIT                           AUDIT FINDINGS AND FOLLOW-UP RESULTS
Untuk tahun 2023, jumlah keseluruhan monitoring tindak         For 2023, the total number of follow-up monitoring of
lanjut temuan hasil audit internal dan eksternal adalah        internal and external audit findings is as follows:
sebagai berikut:

                                                                                                                   Sisa Temuan
                                          Jumlah                           Selesai
                                                                                                                    Remaining
                                           Total                          Completed
                                                                                                                     Findings
                  Uraian
  No
                Description                                             % Tahun 2023          % Tahun 2022
                                                                        % of Year 2023        % of Year 2022
                                      T            R    T        R                                                   T          R

                                                                          T           R         T             R

  1                 2                 3            4    5        6      7 = 5:3    8 = 6:4      9         10      11 = 3-5   12 = 4-6

  1    Internal

       a. Operasional /
                                    2,963     6,896    2,845   6,670     96%        97%        94%       95%        118        226
          Operational

       b. Investigasi /
                                     283      1,474    282     1,469    100%        100%       99%       100%        1          5
          Investigation

       c. Khusus                     191       449      191     449     100%        100%       99%       100%        -          -

       Jumlah / Total               3,437      449     3,318   8,588     97%        97%        95%       96%        119        231

  2    Eksternal

       a. BPK/RI                     247       617      146     456      59%        74%        59%       74%        101        161

       b. KAP                        170       373      170     373     100%        100%      100%       100%        -          -

       Jumlah / Total                417       990      316     829      76%        84%        76%       84%        101        161

  3    Arahan Pemegang Saham                   150              146                 97%                  100%        -          4

          Jumlah / Total            3,854     9,959    3,634   9,563     94%        96%        93%       95%       220         396




                        Laporan Tahunan dan Keberlanjutan
460                                                                                          PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 461
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




AKUNTAN PUBLIK
PUBLIC ACCOUNTANT
Dalam rangka menjaga penerapan prinsip independensi            In order to maintain the application of the principle of
termasuk atas praktik pelaporan keuangan, Perseroan            independence, including financial reporting practices,
menggunakan jasa Auditor Eksternal yaitu Kantor Akuntan        the Company uses the services of an External Auditor,
Publik (KAP). Dalam hal ini, Auditor Eksternal mengacu         namely the Public Accounting Firm (KAP). In this case,
kepada auditor independen yang ditunjuk untuk                  External Auditor refers to the independent auditor
melakukan audit terhadap Laporan Keuangan Perseroan.           appointed to audit the Company's Financial Reports. KAP
KAP ditetapkan melalui mekanisme RUPS, berdasarkan             is determined through the GMS mechanism, based on
usulan Dewan Komisaris atas rekomendasi Komite Audit.          the proposal of the Board of Commissioners based on
                                                               the recommendation of the Audit Committee.

PENUNJUKAN AKUNTAN PUBLIK                                      APPOINTMENT OF PUBLIC ACCOUNTANT
Perseroan menerapkan penunjukan akuntan publik                 The Company implements the appointment of a public
berdasarkan ketentuan sebagai berikut:                         accountant based on the following provisions:
  • Keputusan Menteri Badan Usaha Milik Negara                   • Decree of the Minister of State-Owned Enterprises
     Nomor: SK-103/MBU/03/2021 Tanggal 26 Maret 2021                Number: SK-103/MBU/03/2021 dated March 26th, 2021
     tentang Kriteria Kantor Akuntan Publik, Kantor Jasa            concerning Criteria for Public Accounting Firms,
     Penilai Publik dan Kantor Konsultan Aktuaria pada              Public Appraisal Services Firms and Actuarial
     Badan Usaha Milik Negara.                                      Consultant Firms in State-Owned Enterprises.
  • Berita Acara Rapat Umum Pemegang Saham Nomor                 • Minutes of the General Meeting of Shareholders
     9 tentang Laporan Pertanggungjawaban Keuangan                  Number 9 regarding the Financial Accountability
     Perusahaan Perseroan PT Kereta Api Indonesia                   Report of PT Kereta Api Indonesia (Persero) for the
     (Persero) Tahun Buku 2022 Tanggal 23 Juni 2023                 Fiscal Year 2022, dated June 23 rd, 2023, which
     yang di dalamnya mencakup penetapan Kantor                     includes the appointment of a Public Accounting
     Akuntan Publik (KAP) untuk mengaudit Laporan                   Firm (KAP) to audit the Company's Consolidated
     Keuangan Konsolidasian Perusahaan Tahun Buku                   Financial Statements for the Fiscal Year 2023 and
     2023 dan Laporan Keuangan serta Pelaksanaan                    the Financial Statements, as well as the
     Program Pendanaan Usaha Mikro dan Kecil (UMK)                  Implementation of the Micro and Small Business
     Tahun Buku 2023.                                               (UMK) Funding Program for the Fiscal Year 2023.
  • Surat Kementerian Badan Usaha Milik Negara                   • Letter from the Ministry of State-Owned Enterprises
     Nomor S-199/ MBU/DKU/08/2021 Tanggal 31 Agustus                Number S-199/MBU/DKU/08/2021 dated August 31st,
     2021 perihal Tabulasi Data Kantor Akuntan Publik               2021 regarding Tabulation of Public Accounting Firm
     (KAP) Pada BUMN.                                               (KAP) Data for SOE.

KANTOR AKUNTAN PUBLIK, NAMA                                    PUBLIC ACCOUNTING FIRM, NAME OF
AKUNTAN, DAN FEE PERIODE LIMA TAHUN                            ACCOUNTANT, AND FEES FOR THE LAST
TERAKHIR                                                       FIVE YEAR PERIOD
Perseroan memastikan bahwa penunjukan Auditor                  The Company ensures that the appointment of External
Eksternal telah dilakukan sesuai peraturan serta standar       Auditors has been carried out in accordance with
penerapan yang berlaku, mencakup Peraturan Menteri             applicable regulations and implementation standards,
Keuangan Nomor 17/PMK.01/2008 tentang Jasa Akuntan             including Minister of Finance Regulation Number 17/
Publik serta Peraturan OJK Nomor 13/POJK.03/2017               PMK.01/2008 concerning Public Accounting Services and
tentang Penggunaan Jasa Akuntan Publik. Terkait hal            OJK Regulation Number 13/POJK.03/2017 concerning the
tersebut, pengungkapan informasi Kantor Akuntan                Use of Public Accounting Services. In this regard, the Public
Publik yang digunakan untuk mengaudit Laporan                  Accounting Firm's disclosure of information used to audit
Keuangan Perseroan dalam 5 (lima) tahun terakhir adalah        the Company's Financial Reports in the last 5 (five) years
sebagai berikut:                                               is as follows:

                                                                                     Nama Akuntan
                                                      Nama Akuntan (Partner
                                                                                 (Partner Penanggung
            Kantor Akuntan Publik      Periode KAP     Penanggung Jawab)                                   Fee Jasa Audit
 Tahun                                                                                   Jawab)
            Public Accounting Firm      KAP Period     Name of Accountant                                    Audit Fee
                                                                                  Name of Accountant
                                                        (Partner in Charge)
                                                                                   (Partner in Charge)

         KAP RSM Amir Abadi Yusuf,
         Aryanto, Mawar, dan Rekan /
                                       Periode ke 6                               Periode ke 2            Rp3,81 miliar
  2023   KAP RSM Amir Abadi Yusuf,                     Dedy Sukrisnadi
                                       6 th Period                                2 nd Period             Rp 3.81 billion
         Aryanto, Mawar, and
         Partner




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              461
                                                                  Annual and Sustainability Report
Page 462
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




                                                                                     Nama Akuntan
                                                       Nama Akuntan (Partner
                                                                                 (Partner Penanggung
           Kantor Akuntan Publik        Periode KAP     Penanggung Jawab)                                  Fee Jasa Audit
 Tahun                                                                                   Jawab)
           Public Accounting Firm        KAP Period     Name of Accountant                                   Audit Fee
                                                                                  Name of Accountant
                                                         (Partner in Charge)
                                                                                   (Partner in Charge)

         KAP RSM Amir Abadi Yusuf,
         Aryanto, Mawar, dan Rekan /
                                        Periode ke 5                              Periode ke 1           Rp4,27 miliar
  2022   KAP RSM Amir Abadi Yusuf,                     Dedy Sukrisnadi
                                        5 th Period                               1 st Period            Rp 4.27 billion
         Aryanto, Mawar, and
         Partner

         KAP RSM Amir Abadi Yusuf,
         Aryanto, Mawar, dan Rekan /
                                        Periode ke 4                              Periode ke 1           Rp3,55 miliar
  2021   KAP RSM Amir Abadi Yusuf,                     Rudi Hartono Purba
                                        4 th Period                               1 st Period            Rp 3.55 billion
         Aryanto, Mawar, and
         Partner

         KAP RSM Amir Abadi Yusuf,
         Aryanto, Mawar, dan Rekan /
                                        Periode ke 3                              Periode ke 3           Rp3,712 miliar
 2020    KAP RSM Amir Abadi Yusuf,                     Benny Andria, CPA
                                        3 rd Period                               3 rd Period            Rp 3.712 billion
         Aryanto, Mawar, and
         Partner

         KAP Amir Abadi Jusuf
         Aryanto Mawar dan Rekan /      Periode ke 2                              Periode ke 2           Rp3,9 miliar
  2019                                                 Benny Andria, CPA
         KAP Amir Abadi Jusuf           2 nd Period                               2 nd Period            Rp 3.9 billion
         Aryanto Mawar and partner


JASA LAIN YANG DIBERIKAN KAP                                    OTHER SERVICES PROVIDED BY KAP
Di samping jasa audit terhadap Laporan Keuangan, Kantor         Apart from audit services for Financial Reports, the Public
Akuntan Publik RSM Amir Abadi Yusuf, Aryanto, Mawar,            Accounting Firm RSM Amir Abadi Yusuf, Aryanto, Mawar,
dan Rekan tidak memberikan jasa lain.                           and Partners does not provide other services.



SISTEM PENGENDALIAN INTERNAL
INTERNAL CONTROL SYSTEM
Perseroan memahami bahwa Sistem Pengendalian Intern             The Company understands that an Internal Control
yang diterapkan secara efektif merupakan unsur penting          System that is implemented effectively is an important
dalam keseluruhan pengelolaan perusahaan serta                  element in the overall management of the company and
menjadi dasar bagi kegiatan operasional yang sehat dan          is the basis for healthy and safe operational activities. An
aman. Sistem Pengendalian Intern yang diterapkan                Internal Control System that is implemented reliably and
secara andal dan efektif merupakan tanggung jawab               effectively is the responsibility of management, taking
manajemen, dengan mempertimbangkan bahwa salah                  into account that one of the factors causing the
satu faktor penyebab terjadinya kesulitan usaha                 Company's business difficulties is the existence of
Perseroan adalah adanya kelemahan dalam rancangan               weaknesses in the design and implementation of internal
dan pelaksanaan pengendalian internal.                          control.

Dalam rangka menerapkan Sistem Pengendalian Intern              In order to implement an effective Internal Control
yang efektif, mencakup praktik pengamanan investasi             System, including the practice of securing the Company's
dan aset Perseroan, KAI menetapkan Pedoman                      investments and assets, KAI has established Guidelines
Penerapan Sistem Pengendalian Intern (Internal Control          for Implementing an Internal Control System in
System) sesuai Keputusan Direksi PT KAI (Persero)               accordance with the Decree of the Directors of PT KAI
Nomor: KEP.U/ KC.202/I/1/KA-2017 tanggal 24 Januari 2017.       (Persero) Number: KEP.U/ KC.202/I/1 /KA-2017 dated
Penerapan Sistem Pengendalian Internal mengacu pada             January 24 th, 2017. Implementation of the Internal
standar The Committee of Sponsoring Organization of             Control System refers to the standards of The Committee
the Treadway Commission (COSO) Internal Control                 of Sponsoring Organization of the Treadway Commission
Framework, dengan cakupan pengendalian terdiri atas             (COSO) Internal Control Framework, with control
5 (lima) komponen yaitu Lingkungan Pengendalian,                coverage consisting of 5 (five) components, namely
Penilaian Risiko, Kegiatan Pengendalian, Informasi dan          Control Environment, Risk Assessment, Activities Control,
Komunikasi, serta Kegiatan Pemantauan.                          Information and Communication, and Monitoring
                                                                Activities.




                      Laporan Tahunan dan Keberlanjutan
462                                                                                       PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 463
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Masing-masing komponen tersebut terdiri dari beberapa         Each of these components consists of several principles
prinsip dan point of focus yang dirancang dan                 and points of focus which are designed and implemented
dilaksanakan    untuk   dapat memenuhi         tujuan         to fulfill the objectives of implementing the Internal
implementasi Sistem Pengendalian Internal, dengan             Control System, with the following description:
uraian sebagai berikut:

LINGKUNGAN PENGENDALIAN                                       CONTROL ENVIRONMENT
Lingkungan Pengendalian merupakan susunan standar,            The Control Environment is a set of standards, processes,
proses, dan struktur yang menyediakan dasar untuk             and structures that provides the foundation for the
terlaksananya pengendalian intern dalam organisasi.           implementation of internal control within the
Dewan Komisaris dan Direksi menciptakan sistem pada           organization. The Board of Commissioners and Directors
level tertinggi organisasi (tone of the top) mengenai         create a system at the highest level of the organization
pentingnya pengendalian intern dan standar perilaku           (tone of the top) regarding the importance of internal
yang diharapkan. Prinsip dan point of focus lingkungan        control and expected standards of behavior. The
pengendalian adalah sebagai berikut.                          principles and points of focus of the control environment
                                                              are as follows.

  1. Penegakkan terhadap integritas dan nilai etika.             1. Upholding integrity and ethical values.
  2. Dewan Komisaris menunjukkan independensinya                 2. The     Board   of    Commissioners     shows       its
     terhadap    manajemen     dan    melaksanakan                  independence towards management and carries
     pengawasan terhadap pengembangan kinerja                       out supervision over the development of internal
     pengendalian intern.                                           control performance.
  3. Dengan pengawasan dari Komisaris, Manajemen                 3. With supervision from the Commissioner,
     membentuk struktur, jalur pelaporan dan                        Management forms appropriate structures, reporting
     kewenangan, serta tanggung jawab yang sesuai                   lines and authority, as well as responsibilities in an
     dalam upaya pencapaian tujuan organisasi.                      effort to achieve organizational goals.
  4. Organisasi menunjukkan adanya komitmen untuk                4. The organization shows a commitment to acquiring,
     memperoleh,         mengembangkan            dan               developing and retaining competent individuals in
     mempertahankan individu yang kompeten dalam                    an effort to achieve organizational goals.
     upaya pencapaian tujuan organisasi.
  5. Organisasi mewajibkan setiap individu untuk                 5. The organization requires each individual to assume
     mengemban akuntabilitas atas tanggung jawab                    accountability for internal control responsibilities
     pengendalian intern dalam kaitannya dengan                     in relation to achieving organizational goals.
     pencapaian tujuan organisasi.

PENILAIAN RESIKO                                              RISK ASSESSMENT
Risiko merupakan suatu kemungkinan bahwa suatu hal            Risk is the possibility that a certain thing will happen
tertentu akan terjadi dan memberi dampak yang                 and have a detrimental impact on achieving the
merugikan bagi pencapaian tujuan Perseroan. Risiko yang       Company's objectives. The risks faced by an organization
dihadapi organisasi dapat bersifat internal (berasal dari     can be internal (originating from within) or external
dalam) ataupun eksternal (bersumber dari luar). Penilaian     (originating from outside). Risk assessment involves a
risiko melibatkan proses yang dinamis dan berulang ,          dynamic and iterative process aimed at identifying and
sebagai upaya dalam mengidentifikasi dan menganalisis         analyzing risks related to the achievement of the
risiko terkait pencapaian tujuan Perseroan. Risiko yang       Company's objectives. The identified risks are then
telah teridentifikasi kemudian dibandingkan dengan            compared against the established risk tolerance levels.
tingkat teloransi risiko yang ditetapkan. Dengan              Thus, risk assessment serves as the foundation for risk
demikian penilaian risiko menjadi landasan bagi               management and mitigation.
pengelolaan dan manajemen risiko.

Penilaian risiko mengharuskan manajemen untuk                 Risk assessment requires management to consider the
mempertimbangkan dampak perubahan lingkungan                  impact of changes in the external environment as well
eksternal serta perubahan model bisnis perusahaan, yang       as changes in the company's business model, which could
berpotensi     mengakibatkan      gangguan     terhadap       potentially result in disruption to the effectiveness of
efektivitas pengendalian internal yang ada. Prinsip dan       existing internal controls. The principles and points of
point of focus penilaian risiko adalah sebagai berikut:       focus of risk assessment are as follows:

  1. Organisasi menetapkan tujuan secara jelas yang              1. The organization sets clear objectives that enable
     memungkinkan dilakukannya proses identifikasi                  the process of identifying and assessing risks
     dan penilaian risiko terkait dengan tujuan.                    related to the objectives.




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             463
                                                                 Annual and Sustainability Report
Page 464
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




  2. Organisasi mengidentifikasi risiko terkait dengan           2. The organization identifies risks related to achieving
     pencapaian tujuan organisasi pada seluruh lingkup              organizational goals throughout the entity and
     entitas dan menganalisis risiko sebagai dasar untuk            analyzes the risks as a basis for determining how
     menentukan bagaimana risiko-risiko tersebut harus              these risks should be managed.
     dikelola.
  3. Organisasi telah mempertimbangkan potensi                   3. The organization has considered the potential for
     terjadinya fraud dalam menilai risiko.                         fraud in assessing risk.
  4. Organisasi mengidentifikasi dan menilai perubahan           4. The organization identifies and assesses changes
     - perubahan yang dapat mempengaruhi Sistem                     that can significantly affect the Internal Control
     Pengendalian Intern secara signifikan.                         System.

KEGIATAN PENGENDALIAN                                          CONTROL ACTIVITIES
Kegiatan pengendalian mencakup tindakan-tindakan               Control activities include actions determined through
yang ditetapkan melalui kebijakan dan prosedur untuk           policies and procedures to help ensure the
membantu memastikan dilaksanakannya arahan                     implementation of management directives in order to
manajemen dalam rangka meminimalisasi risiko terhadap          minimize risks to achieving objectives. Control activities
pencapaian tujuan. Kegiatan pengendalian dilaksanakan          are carried out at all levels of the organization, at various
pada semua tingkatan organisasi, pada berbagai tahap           stages of business processes, and in the context of the
proses bisnis, dan dalam konteks lingkungan teknologi.         technological environment. Control activities are divided
Kegiatan pengendalian terbagi 2 (dua) pengelompokan,           into 2 (two) groups, namely those that are preventive or
yaitu yang bersifat preventif atau detektif dan yang           detective and those that are manual or automatic.
bersifat manual atau otomatis. Adapun contoh kegiatan          Examples of control activities include practices such as
pengendalian      mencakup      praktik    otorisasi dan       authorization and approval, verification, reconciliation,
persetujuan, verifikasi, rekonsiliasi, dan review kinerja.     and performance review. In selecting and developing
Dalam memilih dan mengembangkan kegiatan                       control activities, the concept of segregation of duties
pengendalian diterapkan konsep pemisahan fungsi                is applied. If separation of functions is deemed
(segregation of duties). Jika pemisahan fungsi dianggap        impractical, management is obliged to develop
tidak praktis, manajemen wajib mengembangkan                   alternative control activities to compensate.
alternatif kegiatan pengendalian sebagai kompensasinya

Prinsip dan point of focus kegiatan pengendalian adalah        The principles and points of focus of control activities
sebagai berikut:                                               are as follows:

  1. Organisasi telah menyeleksi dan membangun                   1. The organization has selected and developed
     aktivitas pengendalian yang mendukung upaya                    control activities that support risk mitigation efforts
     mitigasi risiko sehingga risiko berada pada level yang         so that risks are at an acceptable level.
     dapat diterima.
  2. Organisasi telah menyeleksi dan membangun                   2. The organization has selected and built general
     aktivitas      pengendalian        umum       dengan           control activities using technology to support the
     menggunakan teknologi untuk mendukung                          achievement of organizational goals.
     pencapaian tujuan organisasi.
  3. Organisasi menerapkan kegiatan pengendalian                 3. The organization implements control activities as
     sebagaimana tercermin pada kebijakan dan                       reflected in relevant policies and procedures.
     prosedur yang relevan.

Kepatuhan Terhadap Peraturan Perundang-Undangan                Compliance with other laws and regulations
Lainnya
Pengendalian internal terkait kepatuhan perusahaan             Internal control related to company compliance with
terhadap peraturan perundang-undangan secara khusus            statutory regulations is specifically carried out by
dilakukan dengan mengevaluasi pemenuhan penerapan              evaluating compliance with the implementation of
peraturan perundang-undangan yang ada. Selain itu,             existing statutory regulations. Apart from that, the
perusahaan juga melakukan pengujian terhadap                   company also carries out testing on the synchronization
sinkronisasi peraturan perundang-undangan dan produk           of statutory regulations and the Company's legal products,
hukum Perseroan, dilaksanakan di bawah tanggung                carried out under the responsibility of the Legal Center,
jawab Pusat Hukum, khususnya bagian Policy and                 especially the Policy and Regulations section. In addition,
Regulations. Di samping itu, sebagai peran lini ketiga         as a third line role, the Internal Audit Unit is responsible
(third line roles), Unit Internal Audit bertanggung jawab      for ensuring the Company's effectiveness in fulfilling
untuk memastikan efektivitas Perseroan dalam praktik           applicable legal and regulatory requirements. One of the
pemenuhan ketentuan hukum dan peraturan perundang-             objectives that is the focus of risk assessment in the
undangan yang berlaku. Salah satu tujuan yang menjadi          internal control system is compliance objectives. In this
fokus penilaian risiko dalam sistem pengendalian               regard, the Company always considers compliance risk




                       Laporan Tahunan dan Keberlanjutan
464                                                                                      PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 465
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




internal adalah tujuan kepatuhan. Terkait hal itu,            tolerance in implementing internal controls related to
Perseroan senantiasa mempertimbangkan toleransi               compliance with laws and regulations.
terhadap   risiko kepatuhan   dalam   pelaksanaan
pengendalian internal terkait kepatuhan terhadap
peraturan perundang-undangan.

INFORMASI DAN KOMUNIKASI                                      INFORMATION AND COMMUNICATIONS
Perseroan menghimpun dan mengelola informasi demi             The Company collects and manages information for the
terselenggaranya fungsi pengendalian intern yang              implementation of internal control functions that can
secara efektif dapat mendukung pencapaian tujuan              effectively support the achievement of business
usaha. Manajemen wajib memperoleh, menghasilkan,              objectives. Management is obliged to obtain, produce
dan menggunakan informasi yang relevan dan                    and use relevant and quality information, whether
berkualitas, baik yang berasal dari sumber internal           originating from internal or external sources. This is
maupun eksternal. Hal tersebut diperlukan agar komponen       necessary so that other internal control components
pengendalian internal yang lain berfungsi dengan baik         function properly as they should. Meanwhile,
sebagaimana mestinya. Adapun, komunikasi adalah               communication is an iterative and continuous process
proses iteratif dan berkelanjutan untuk memperoleh,           of obtaining, sharing and providing information. Internal
membagikan, dan menyediakan informasi. Komunikasi             communication must be a means of disseminating
internal harus menjadi sarana diseminasi informasi di         information within the organization, both from top to
dalam organisasi, baik dari atas ke bawah, dari bawah         bottom, from bottom to top, and across functions.
ke atas, maupun lintas fungsi.

Prinsip dan point of focus informasi dan komunikasi           The principles and points of focus of information and
adalah sebagai berikut:                                       communication are as follows:
   1. Organisasi memperoleh atau menghasilkan dan               1. The organization obtains or produces and uses
      menggunakan informasi yang relevan dan berkualitas           relevant and quality information to support the
      untuk mendukung berfungsinya seluruh komponen                functioning of all internal control components;
      pengendalian intern;
   2. Organisasi mengkomunikasikan informasi secara              2. The organization communicates information
      internal, termasuk tujuan dan tanggung jawab                  internally,   including     the    objectives   and
      terhadap pengendalian intern yang penting untuk               responsibilities for internal control which are
      dapat mendukung berfungsinya seluruh komponen                 important to support the functioning of all internal
      pengendalian intern;                                          control components;
   3. Organisasi berkomunikasi dengan pihak eksternal            3. The organization communicates with external
      terkait dengan berbagai hal yang dapat                        parties regarding various matters that can affect
      mempengaruhi berfungsinya seluruh komponen                    the functioning of all internal control components.
      pengendalian intern.

KEGIATAN PEMANTAUAN                                           MONITORING ACTIVITIES
Kegiatan Pemantauan mencakup evaluasi berkelanjutan,          Monitoring activities include ongoing evaluations, separate
evaluasi terpisah, atau kombinasi dari keduanya yang          evaluations, or a combination of both, aimed at ensuring
dimaksudkan untuk memastikan tiap‐tiap komponen               that each component of internal control is present and
pengendalian intern ada dan berfungsi sebagaimana             functioning as intended. Generally, continuous
mestinya. Secara umum, aspek kegiatan evaluasi                evaluation is applied. Continuous evaluation is applied
berkelanjutan. Evaluasi berkelanjutan diterapkan di dalam     in business processes at different levels, in order to
proses bisnis pada tingkat yang berbeda-beda, guna            provide valid information in a timely manner. Separate
menyajikan informasi yang valid secara tepat waktu.           evaluations are conducted periodically, varying in scope
Evaluasi terpisah dilakukan secara periodik, bervariasi,      and frequency depending on the results of the risk
lingkup, dan frekuensinya, tergantung hasil penilaian         assessment, the effectiveness of ongoing evaluations,
risiko,  efektivitas    evaluasi   berkelanjutan,     dan     and other management considerations. The principles
pertimbangan manajemen lainnya. Prinsip dan point of          and points of focus of monitoring activities are as follows:
focus kegiatan pemantauan adalah sebagai berikut:

  1. Organisasi   menyeleksi,    membangun,      dan             1. The organization selects, develops and carries out
     melaksanakan evaluasi berkelanjutan dan terpisah               continuous and separate evaluations to ensure that
     untuk dapat meyakinkan bahwa seluruh komponen                  all internal control components are functioning
     pengendalian intern telah berfungsi dengan baik.               properly.
  2. Organisasi mengevaluasi dan mengkomunikasikan               2. The organization evaluates and communicates
     pengendalian intern dalam waktu yang tepat                     internal control in a timely manner to parties
     kepada pihak-pihak yang bertanggung jawab untuk                responsible for taking corrective action.
     melakukan tindakan koreksi.




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                                                                 Annual and Sustainability Report
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                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




KESESUAIAN DENGAN STANDAR                                    CONFORMITY TO COMMITTEE OF
COMMITTEE OF SPONSORING                                      SPONSORING ORGANIZATIONS OF
ORGANIZATIONS OF TRADEWAY                                    TRADEWAY COMMISSION (COSO)
COMMISSION (COSO)                                            STANDARDS
Model Pengendalian Intern yang digunakan sebagai acuan       The Internal Control Model used as a reference conceptual
kerangka      konseptual     dalam     pengembangan          framework in developing internal control is the Internal
pengendalian intern adalah Kerangka Kerja Pengendalian       Control-Integrated Framework by The Committee of
Internal yang Terintegrasi (Internal Control-Integrated      Sponsoring Organization of the Treadway Commission
Framework) oleh The Committee of Sponsoring                  (COSO). The Company implements an internal control
Organization of the Treadway Commission (COSO).              system in line with standards issued by COSO, which
Perseroan menerapkan sistem pengendalian intern              consists of 5 (five) components, namely control
sejalan dengan standar yang dikeluarkan oleh COSO,           environment, risk assessment, control activities,
yang terdiri dari 5 (lima) komponen, yaitu lingkungan        information and communication, and monitoring
pengendalian, penilaian risiko, kegiatan pengendalian,       activities.
informasi dan komunikasi, serta kegiatan pemantauan.

EVALUASI PELAKSANAAN SISTEM                                  EVALUATION OF THE IMPLEMENTATION OF
PENGENDALIAN INTERNAL                                        THE INTERNAL CONTROL SYSTEM
Direksi bertanggung jawab terhadap efektivitas penerapan     The Board of Directors is responsible for the effectiveness
sistem pengendalian internal di Perusahaan. Terkait hal      of implementing the internal control system in the
tersebut, Perseroan melakukan penilaian mandiri atas         Company. In this regard, the Company conducted an
penerapan sistem pengendalian internal sebagai proses        independent assessment of the implementation of the
yang dilaksanakan untuk menguji dan menilai efektivitas      internal control system as a process carried out to test
penerapan sistem pengendalian internal. Penilaian            and assess the effectiveness of the implementation of
terhadap sistem pengendalian internal bertujuan untuk        the internal control system. The assessment of the
memberikan keyakinan yang memadai bahwa seluruh              internal control system aims to provide adequate
tujuan kegiatan dapat dicapai/ dilaksanakan dengan           confidence that all activity objectives can be achieved/
baik. Pelaksanaan penilaian mandiri atas penerapan           implemented       properly.   Self-assessment      of   the
sistem pengendalian internal dilakukan secara berkala.       implementation of the internal control system is carried
                                                             out periodically.

Unit Internal Audit melakukan evaluasi atas kecukupan        The Internal Audit Unit evaluates the adequacy and
dan efektivitas sistem pengendalian internal Perusahaan      effectiveness of the Company's internal control system
secara menyeluruh untuk mendukung asersi Direksi atas        as a whole to support the Board of Directors' assertion
efektivitas sistem pengendalian internal yang diterapkan     regarding the effectiveness of the internal control system
sesuai Keputusan Direksi PT KAI (Persero) Nomor: PER.U/      implemented in accordance with PT KAI (Persero) Board
KC.202/III/2/KA-2018 tanggal 5 Maret 2018 tentang            of Directors Decree Number: PER.U/ KC.202/III/2/KA- 2018
Pedoman Evaluasi Sistem Pengendalian Intern. Evaluasi        dated March 5 th, 2018 concerning Guidelines for
terhadap pelaksanaan sistem pengendalian internal            Evaluation of Internal Control Systems. Evaluation of the
untuk tahun 2022 memperlihatkan bahwa sistem                 implementation of the internal control system for 2022
pengendalian internal KAI telah berjalan secara efektif      shows that KAI's internal control system has been running
dan baik.                                                    effectively and well.

PERNYATAAN DIREKSI DAN/ATAU DEWAN                            STATEMENT OF THE BOARD OF DIRECTORS
KOMISARIS ATAS KECUKUPAN SISTEM                              AND/OR BOARD OF COMMISSIONERS
PENGENDALIAN INTERNAL                                        REGARDING THE ADEQUACY OF THE
                                                             INTERNAL CONTROL SYSTEM
Unit Internal Audit, Direksi, dan Dewan Komisaris telah      The Internal Audit Unit, Directors and Board of
melakukan evaluasi terhadap kecukupan dan efektivitas        Commissioners have evaluated the adequacy and
keseluruhan pelaksanaan sistem pengendalian intern.          effectiveness of the overall implementation of the internal
Dalam pelaksanaannya,                                        control system. In implementation,

  (1) Dewan Komisaris telah memberikan arahan untuk            (1) The Board of Commissioners has provided direction
      meningkatkan kecukupan sistem pengendalian                   to improve the adequacy of the internal control
      internal,                                                    system,
  (2) Direksi   telah  memastikan      bahwa    sistem         (2) The Board of Directors has ensured that the internal
      pengendalian internal berjalan dengan baik sesuai            control system is running well in accordance with
      dengan tujuan yang ditetapkan, serta                         the stated objectives, as well




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466                                                                                   PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  (3) Unit Internal Audit telah berperan aktif dalam              (3) The Internal Audit Unit has played an active role in
      meningkatkan efektivitas sistem pengendalian                    improving the effectiveness of the internal control
      internal  secara   berkesinambungan     dengan                  system on an ongoing basis by providing
      memberikan rekomendasi perbaikan penerapan                      recommendations for improvements to the
      sistem pengendalian internal Perseroan guna                     implementation of the Company's internal control
      pencapaian sasaran yang telah ditetapkan oleh                   system in order to achieve the targets set by
      manajemen.                                                      management.

Secara keseluruhan, Unit Internal Audit, Direksi dan           Overall, the Internal Audit Unit, Directors and Board of
Dewan Komisaris menilai bahwa efektivitas dan                  Commissioners assess that the effectiveness and
kecukupan sistem pengendalian internal Perusahaan              adequacy of the Company's internal control system for
untuk tahun 2023 telah berjalan dengan baik.                   2023 has been running well.


MANAJEMEN RISIKO
RISK MANAGEMENT
Perseroan menerapkan manajemen risiko dengan tujuan            The Company implements risk management with the
untuk mengelola seluruh potensi risiko yang dihadapi           aim of managing all potential risks faced in achieving
dalam mencapai tujuan-tujuan Perseroan, mencakup               the Company's goals, including short-term goals in the
tujuan jangka pendek di dalam RKAP ataupun tujuan              RKAP or long-term goals in the RJPP. The Company's
jangka panjang di dalam RJPP. Penerapan manajemen              implementation of risk management basically refers to
risiko Perseroan secara mendasar mengacu pada                  laws and regulations and applications that apply
peraturan perundang-undangan serta penerapan yang              internationally, namely the International Standard ISO
berlaku secara internasional, yaitu International Standard     31000: 2018 Risk Management – Guidelines.
ISO 31000: 2018 Risk Management – Guidelines.

Sebagai wujud komitmen Direksi dalam pelaksanaan               As a form of the Board of Directors' commitment to
penerapan Sistem Manajemen Risiko Terpadu, Perseroan           implementing the Integrated Risk Management System,
menerbitkan Peraturan Direksi No. PER.U/KL/I/1/KA-2021         the Company issued Directors' Regulation No. PER.U/KL/
tentang Penerapan Manajemen Risiko Terpadu pada                I/1/KA-2021 concerning the Implementation of Integrated
tanggal 25 Januari 2021. Pelaksanaan penerapan Sistem          Risk Management on January 25th, 2021. Implementation
Manajemen Risiko Terpadu menggunakan aplikasi                  of the Integrated Risk Management System using the
SMARTKA yang telah Go Live pada tanggal 29 Maret 2021.         SMARTKA application which has gone Live on March 29th,
Sistem Manajemen Risiko Terpadu melalui SMARTKA                2021. The Integrated Risk Management System via
diterapkan guna mendukung pengelolaan risiko di                SMARTKA is implemented to support risk management
seluruh unit bisnis/risk entity melalui Risk Control and       in all business units/risk entities through Risk Control
Self Assessment (RCSA).                                        and Self Assessment (RCSA).

UNIT MANAJEMEN RISIKO                                          RISK MANAGEMENT UNIT
Perseroan menerapkan fungsi manajemen risiko melalui           The Company implements the risk management function
Unit Manajemen Risiko, yang secara struktural berada           through the Risk Management Unit, which is structurally
di bawah Direktur Keuangan dan Manajemen Risiko.               under the Director of Finance and Risk Management.
Fungsi Unit Manajemen Risiko dipimpin oleh seorang             The function of the Risk Management Unit is led by an
Executive Vice President (EVP) dan diatur berdasarkan          Executive Vice President (EVP) and is regulated based
Peraturan Direksi PT Kereta Api Indonesia (Persero) Nomor      on the Regulation of the Directors of PT Kereta Api
PER.U/KO.104/I/3/KA2022 tanggal 27 Januari 2022 tentang        Indonesia (Persero) Number PER.U/KO.104/I/3/KA2022
Organisasi dan Tata Laksana Direktorat Kuangan dan             dated January 27 th, 2022 concerning the Organization
Manajemen Risiko.                                              and Management of the Finance Directorate and Risk
                                                               Management.

STRUKTUR ORGANISASI UNIT MANAJEMEN                             RISK MANAGEMENT UNIT ORGANIZATIONAL
RISIKO                                                         STRUCTURE
Sesuai Peraturan Direksi Nomor: PER.U/KO.104/VIII/11/          In accordance with Directors' Regulation Number: PER.
KA2019, struktur organisasi Unit Manajemen Risiko              U/KO.104/VIII/11/KA2019, the organizational structure of
Perseroan adalah sebagai berikut:                              the Company's Risk Management Unit is as follows:




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                                                                  Annual and Sustainability Report
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                                           Tata Kelola Perusahaan
                                           Good Corporate Governance




                                                         Division Head of Risk
                                                          Management (KR)




                                                         Division Head of Risk
                                                          Management (KR)



                                                                                                                           Risk Analysis Level 1,2,3



                  Subdivision Head of
                                                                                               Subdivision Head of Risk
                 Dissemination and Risk
                                                                                               Control and Mitigations
                      Management
                                                                                                        (KRC)
                         (KRD)




   Section Head of Risk           Section Head of Risk          Section Head of Risk            Section Head of Risk         Section Head of Risk
  Management Framework            Management Process           Management Framework             Management Process         Management Information
         Design                     Implementation                   Monitoring                      Monitoring                    System
          (KRDF)                        (KRDP)                         (KRCF)                          (KRCP)                       (KRCI)




SISTEM MANAJEMEN RISIKO                                                          RISK MANAGEMENT SYSTEM
Perseroan memahami bahwa komitmen dari semua level                               The Company understands that commitment from all
organisasi termasuk Dewan Komisaris dan Direksi                                  levels of the organization, including the Board of
merupakan sesuatu yang penting sebagai dukungan                                  Commissioners and Directors, is important as
menyeluruh terhadap penerapan manajemen risiko                                   comprehensive support for the implementation of
terpadu. Atas pemahaman tersebut, Perseroan                                      integrated     risk  management.      Based      on     this
menyusun dan menetapkan struktur tata kelola risiko                              understanding, the Company prepares and determines
(risk governance structure) yang sesuai, di samping                              an appropriate risk governance structure, in addition to
menetapkan struktur akuntabilitas hingga level yang                              establishing an accountability structure down to the
terendah. Penjelasan mengenai hal tersebut adalah                                lowest level. The explanation regarding this is as follows:
sebagai berikut:

  1. Level Dewan Komisaris                                                         1. Board of Commissioners Level
     Komite Pemantau Manajemen Risiko (KPMR)                                          The Risk Management Monitoring Committee
     merupakan organ pendukung Dewan Komisaris yang                                   (KPMR) is a supporting organ for the Board of
     membantu Dewan Komisaris dalam menjalankan                                       Commissioners which assists the Board of
     fungsi pengawasan dan kepenasihatan atas kinerja                                 Commissioners in carrying out its supervisory and
     manajemen dalam implementasi GCG Perusahaan.                                     advisory functions on management performance
     Dalam pelaksanaan tugasnya, KPMR dapat                                           in implementing the Company's GCG. In carrying
     berkoordinasi dengan Unit Manajemen Risiko.                                      out its duties, KPMR can coordinate with the Risk
                                                                                      Management                                    Unit.
  2. Level Direksi                                                                 2. Director level
     Unit Manajemen Risiko berada di bawah Direktur                                   The Risk Management Unit is under the Director
     Keuangan dan Manajemen Risiko. Direktur                                          of Finance and Risk Management. The Director of
     Keuangan dan Manajemen Risiko berperan                                           Finance and Risk Management plays a role in
     menjalankan fungsi pembinaan langsung terhadap                                   carrying out direct coaching functions for the Risk
     Unit Manajemen Risiko dan menerapkan komitmen                                    Management Unit and implementing a commitment
     untuk mendukung pelaksanaan manajemen risiko                                     to support the implementation of integrated
     perusahaan secara terintegrasi.                                                  company risk management.
  3. Level Korporat                                                                3. Corporate Level
     Unit Manajemen Risiko berperan sentral dalam                                     The Risk Management Unit plays a central role in
     menjalankan fungsi pengembangan sistem dan                                       carrying out the function of developing risk
     proses manajemen risiko, berikut diseminasi,                                     management systems and processes, including
     pemantauan berkala maupun insidental dan                                         dissemination, periodic and incidental monitoring
     pembinaan teknisnya kepada seluruh jajaran                                       and technical guidance to all levels of the
     organisasi.                                                                      organization.




                           Laporan Tahunan dan Keberlanjutan
468                                                                                                           PT Kereta Api Indonesia (Persero)
                             Annual and Sustainability Report
Page 469
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  4. Level Proyek/Unit Pemilik Risiko (Risk Taking                                         4. Project Level/Risk Owner Unit (Risk Taking Unit/
     Unit/RTU)                                                                                RTU)
     Pimpinan RTU atau Unit Pengusul selaku Manajer                                           The RTU Leader or Proposing Unit as the Project
     Proyek berperan sebagai penanggung jawab dalam                                           Manager plays a role as the person responsible for
     pelaksanaan dan pemantauan mitigasi risiko berikut                                       implementing and monitoring risk mitigation as
     pemantauan pergerakan level risiko sehingga                                              well as monitoring the movement of risk levels so
     seluruh dampak risiko yang akan dihadapi RTU akan                                        that all risk impacts that will be faced by the RTU
     terkelola sampai pada batas yang dapat diterima                                          will be managed to a limit acceptable to the RTU
     oleh RTU (risk tolerance) dan seluruh dampak risiko                                      (risk tolerance) and all risk impacts as a whole.
     secara korporasi berada pada batas yang dapat                                            corporation is within the Company's acceptable
     diterima Perusahaan (risk appetite).                                                     limits (risk appetite).

PROSES MANAJEMEN RISIKO                                                                 RISK MANAGEMENT PROCESS
Perseroan menerapkan proses manajemen risiko dengan                                     The Company implements the risk management process
mengacu pada standar ISO 31000:2018 Risk Management                                     in accordance with ISO 31000:2018 Risk Management –
– Guidelines. Penerapan sesuai standar tersebut                                         Guidelines standards. Implementation according to these
diharapkan dapat membuat Perseroan mampu secara                                         standards is expected to enable the Company to
optimal menangkap peluang-peluang usaha serta                                           optimally capture business opportunities and carry out
melaksanakan praktik pengelolaan risiko dengan                                          risk management practices with effective risk mitigation.
pelaksanaan mitigasi risiko yang efektif.

Proses Manajemen Risiko                                                                 Risk Management Process
Sesuai standar ISO 31000:2018, proses manajemen risiko                                  In accordance with the ISO 31000:2018 standard, the risk
yang diterapkan oleh Perseroan terbagi dalam sejumlah                                   management process implemented by the Company is
tahapan dengan perincian sebagai berikut:                                               divided into a number of stages with the following details:
  1. Komunikasi dan konsultasi.                                                            1. Communication and consultation.
  2. Penetapan ruang lingkup, konteks, dan kriteria.                                       2. Determination scope, context, and criteria.
  3. Penilaian risiko meliputi identifikasi risiko, analisis                               3. Risk assessment includes risk identification, risk
     risiko, dan evaluasi risiko;                                                             analysis, and risk evaluation;
  4. Perlakuan risiko (mitigasi risiko);                                                   4. Risk treatment (risk mitigation);
  5. Pemantauan dan tinjauan;                                                              5. Monitoring and surveys;
  6. Pencatatan dan pelaporan.                                                             6. Recording and reporting.




                                                                        Proses Manajemen Risiko
                                                                        Risk Management Process

                                                                      Lingkup, Proses, dan Kriteria
                                                                       Scope, Context, and Criteria
                                 Communication and Consultation




                                                                             Penilaian Risiko
                                                                             Risk Assesment
                                   Komunikasi dan Konsultasi




                                                                                                              Pemantauan dan Tinajuan
                                                                                                                Monitoring and Review




                                                                  Identifikasi Risiko / Risk dentification


                                                                      Analisis Risiko / Risk Analysis


                                                                    Evaluasi Risiko / Risk Evaluation



                                                                            Perlakuan Risiko
                                                                             Risk Treatment


                                                                       Pencatatan dan Pelaporan
                                                                        Recording and Reporting




                                                                                       Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                      469
                                                                                           Annual and Sustainability Report
Page 470
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




Secara umum, tahapan proses manajemen risiko                    In general, the stages of the Company's risk
Perseroan merupakan rangkaian siklus yang diawali dari          management process are a series of cycles starting with
kegiatan komunikasi dan konsultasi untuk mendapatkan            communication and consultation activities to obtain the
informasi terbaik yang tersedia sebagai dasar dalam             best information available as a basis for determining the
melakukan penentuan konteks dan asesmen risiko.                 context and risk assessment. Based on the best available
Berdasarkan data dan informasi terbaik yang tersedia,           data and information, the Risk Management Unit
Unit Manajemen Risiko melakukan identifikasi terhadap           identifies potential risks that could affect the
potensi-potensi risiko yang dapat memengaruhi                   achievement of the Company's strategy and objectives,
pencapaian strategi dan tujuan Perseroan, termasuk              including the objectives of each investment package
tujuan setiap paket investasi yang tertuang dalam RKAP.         contained in the RKAP. The best data and information
Data dan informasi terbaik yang tersedia untuk kegiatan         available for risk assessment activities are obtained from
asesmen risiko diperoleh dari proposal, project                 proposals, project minicharter, justification for the need
minicharter, justifikasi kebutuhan barang dan jasa, RAB,        for goods and services, RAB, technical specifications,
spesifikasi teknis, kajian finansial, studi kelayakan bisnis,   financial studies, business feasibility studies, and highest
dan kajian highest and best use, di samping diperoleh           and best use studies, in addition to being obtained from
dari kegiatan survei lapangan ke lokasi objek-objek             field survey activities. location of investment objects.
investasi.

Komunikasi dan Konsultasi                                       Communication and Consultation
Komunikasi dan konsultasi diterapkan dengan tujuan              Communication and consultation are implemented with
untuk membantu pemangku kepentingan dalam                       the aim of assisting stakeholders in understanding risks,
memahami risiko, dasar pengambilan keputusan, dan               the basis for decision making, and the reasons why
alasan mengapa tindakan tertentu diperlukan.                    certain actions are necessary. Communication aims to
Komunikasi bertujuan mendorong kesadaran dan                    promote awareness and understanding of risks, while
pemahaman risiko, sedangkan konsultasi mencakup                 consultation includes seeking feedback and information
pencarian umpan balik dan informasi untuk mendukung             to support decision making. Strong coordination
pengambilan keputusan. Koordinasi yang kuat di antara           between the two will facilitate the exchange of
keduanya akan memfasilitasi pertukaran informasi secara         information in a factual, timely, relevant, accurate and
faktual, tepat waktu, relevan, akurat, dan dapat                understandable manner, taking into account the
dipahami, dengan mempertimbangkan kerahasiaan dan               confidentiality and integrity of information as well as
integritas informasi dan juga hak privasi individu.             individual privacy rights.

Penetapan Ruang Lingkup, Konteks, dan Kriteria                  Determining Scope, Context, and Criteria
Penetapan ruang lingkup, konteks, dan kriteria diterapkan       Determination of scope, context and criteria is applied
dengan tujuan untuk menyesuaikan proses manajemen               with the aim of adapting the risk management process,
risiko, mengaktifkan penilaian risiko yang efektif, serta       enabling effective risk assessment and adequate risk
perlakuan risiko yang memadai. Tahapan ini mencakup             treatment. This stage includes determining the scope of
penentuan ruang lingkup proses dan pemahaman                    the process and understanding the external and internal
konteks eksternal dan internal. Sebagai bagian dari proses      context. As part of the risk management process, the
manajemen risiko, Perseroan menentukan ruang lingkup            Company determines the scope of risk management
aktivitas manajemen risiko. Proses manajemen risiko             activities. The risk management process can be applied
dapat diterapkan pada berbagai tingkat (misalnya                at various levels (e.g. strategic, operations, program,
strategis, operasi, program, proyek atau aktivitas lain).       project or other activity). Therefore, clarity is needed on
Karenanya, diperlukan kejelasan ruang lingkup yang              the scope of coverage, relevant objectives that need to
menjadi     cakupan,    tujuan    relevan   yang     perlu      be considered, as well as alignment of the risk
dipertimbangkan, serta keselarasan proses manajemen             management process with the Company's objectives.
risiko dengan tujuan Perusahaan.

Konteks proses manajemen risiko ditetapkan berdasarkan          The context of the risk management process is
pemahaman terhadap lingkungan eksternal dan internal            determined based on an understanding of the external
tempat organisasi beroperasi serta merefleksikan                and internal environment in which the organization
lingkungan spesifik dari aktivitas yang menjadi tujuan          operates and reflects the specific environment of the
penerapan manajemen risiko. Perseroan menetapkan                activities to which risk management is implemented. The
konteks eksternal dan internal dari proses manajemen            Company determines the external and internal context
risiko dengan mempertimbangkan faktor-faktor yang               of the risk management process by considering
mempengaruhi. Perseroan menentukan jumlah dan jenis             influencing factors. The Company determines the
risiko yang dapat atau tidak dapat diambil, secara relatif      amount and type of risk it can or cannot take, relative to
terhadap tujuan. Selain itu, Perseroan menentukan               its objectives. In addition, the Company determines
kriteria untuk mengevaluasi signifikansi risiko dan             criteria to evaluate the significance of risks and supports
mendukung proses pengambilan keputusan. Kriteria risiko         the decision-making process. Risk criteria are aligned
selaras dengan kerangka kerja manajemen risiko dan              with the risk management framework and tailored to
disesuaikan dengan tujuan khusus dan ruang lingkup              the specific objectives and scope of activities covered.




                        Laporan Tahunan dan Keberlanjutan
470                                                                                      PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 471
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




aktivitas yang dicakup. Kriteria risiko sebaiknya              Risk criteria should reflect the organization's values,
merefleksikan nilai, tujuan, dan sumber daya organisasi        objectives and resources and be consistent with policies
serta bersifat konsisten terhadap kebijakan dan                and statements on risk management. Risk criteria should
pernyataan tentang manajemen risiko. Kriteria risiko           be determined by considering the Company's obligations
sebaiknya ditentukan dengan mempertimbangkan                   and stakeholder views.
kewajiban Perseroan dan pandangan pemangku
kepentingan.

Penilaian Risiko                                               Risk Assessment
Penilaian risiko mengacu pada proses menyeluruh dari           Risk assessment refers to the comprehensive process of
identifikasi risiko, analisis risiko, dan evaluasi risiko.     risk identification, risk analysis, and risk evaluation. Risk
Penilaian risiko dilakukan secara sistematis, berulang,        assessments are carried out systematically, repeatedly
dan kolaboratif berdasarkan pengetahuan dan                    and collaboratively based on stakeholder knowledge and
pandangan pemangku kepentingan. Identifikasi risiko            views. Risk identification is carried out with the aim of
dilakukan dengan tujuan untuk menemukan, mengenali,            finding, recognizing and describing risks that can help
dan menguraikan risiko yang dapat membantu atau                or hinder the organization in achieving its goals. In the
menghalangi organisasi dalam pencapaian tujuannya.             risk identification process, relevant, adequate and up-to-
Dalam proses identifikasi risiko, informasi yang relevan,      date information is important.
memadai, dan mutakhir merupakan sesuatu yang penting.

Analisis risiko dilakukan dengan tujuan untuk memahami         Risk analysis is carried out with the aim of understanding
sifat risiko dan karakteristiknya termasuk, jika               the nature of the risk and its characteristics including, if
memungkinkan, tingkat risikonya. Analisis risiko melibatkan    possible, the level of risk. Risk analysis involves the practice
praktik pertimbangan terperinci terhadap ketidakpastian,       of detailed consideration of uncertainties, sources of risk,
sumber risiko, dampak, kemungkinan, kejadian, skenario,        impacts, probabilities, events, scenarios, controls, and
kendali, dan efektivitas kendali tersebut. Suatu kejadian      the effectiveness of those controls. An event can have
dapat memiliki beragam sebab dan akibat serta dapat            various causes and effects and can affect several of the
memengaruhi beberapa tujuan Perseroan. Analisis risiko         Company's objectives. Risk analysis provides input into
memberikan masukan terhadap proses evaluasi risiko,            the risk evaluation process, to obtain a decision whether
untuk mendapat keputusan apakah risiko memerlukan              the risk requires treatment and determine the treatment,
perlakuan dan menentukan perlakuannya, serta                   as well as deciding on the most appropriate risk treatment
keputusan strategi dan metode perlakuan risiko yang            strategy and method. The results of the analysis provide
paling sesuai. Hasil analisis memberikan wawasan bagi          insight for managers in making decisions. Choices are
pihak pengelola dalam penentuan keputusan. Pilihan             made involving different types and levels of risk.
diambil dengan melibatkan berbagai jenis dan tingkat
risiko.

Evaluasi risiko digunakan untuk mendukung keputusan.           Risk evaluation is used to support decisions. Risk
Evaluasi risiko melibatkan pembandingan hasil analisis         evaluation involves comparing the results of risk analysis
risiko dengan kriteria risiko yang telah ditetapkan, untuk     with established risk criteria, to determine whether
menentukan apakah diperlukan tindakan tambahan.                additional action is required. Decisions should consider
Keputusan sebaiknya mempertimbangkan konteks yang              the broader context and consider the actual, perceived
lebih luas serta mempertimbangkan konsekuensi aktual           consequences for external and internal stakeholders. Risk
yang dipersepsikan terhadap pemangku kepentingan               evaluation output results are recorded, communicated
eksternal dan internal. Hasil keluaran evaluasi risiko         and validated at appropriate levels within the
dicatat, dikomunikasikan, dan divalidasi pada tingkat yang     organization.
tepat dalam organisasi.

Perlakuan Risiko                                               Risk Treatment
Perlakuan risiko dilakukan untuk memilih dan                   Risk treatment is carried out to select and implement
menerapkan opsi perlakuan risiko. Penerapan perlakuan          risk treatment options. Implementation of risk treatment
risiko mencakup proses berulang dari:                          includes an iterative process of:
    1. Formulasi dan seleksi opsi perlakuan risiko.               1. Formulation and selection of risk treatment options.
    2. Perencanaan dan implementasi perlakuan risiko.             2. Planning and implementation risk treatment.
    3. Penilaian efektivitas perlakuan itu.                       3. Assessment of the effectiveness of the treatment.
    4. Pengambilan keputusan apakah risiko tersisa dapat          4. Making decisions about whether the remaining risks
       diterima.                                                      are acceptable.
    5. Pelaksanaan perlakuan lanjutan, jika opsi tidak            5. Carrying out further treatment, if the option is not
       diterima.                                                      accepted.




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              471
                                                                  Annual and Sustainability Report
Page 472
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




Pemilihan opsi perlakuan risiko yang paling tepat             Selecting the most appropriate risk treatment option
mencakup penyeimbangan potensi manfaat terkait                involves balancing the potential benefits associated with
pencapaian tujuan terhadap biaya, upaya, atau kerugian        achieving objectives against the costs, efforts, or losses
implementasi. Opsi perlakuan risiko tidak selalu sering       of implementation. Risk treatment options do not always
berhubungan secara eksklusif atau tepat pada semua            relate exclusively or appropriately to all conditions.
kondisi.

Justifikasi untuk perlakuan risiko lebih luas daripada        The justification for risk treatment is broader than simply
sekadar pertimbangan ekonomi dan sebaiknya                    economic considerations and should take into account
memperhitungkan semua unsur kewajiban, komitmen               all elements of the organization's obligations, voluntary
sukarela, dan pandangan pemangku kepentingan dari             commitments and stakeholder views. The selection of
organisasi. Pemilihan perlakukan risiko dilakukan sesuai      risk treatments is carried out in accordance with
dengan tujuan organisasi, kriteria risiko, dan sumber daya    organizational objectives, risk criteria and available
yang tersedia.                                                resources.

Tujuan rencana perlakuan risiko adalah untuk                  The aim of a risk treatment plan is to determine how the
menentukan bagaimana operasi perlakuan yang dipilih           selected treatment operations can be implemented, so
dapat diterapkan, sehingga pengaturannya dapat                that the arrangements can be understood by the parties
dipahami oleh pihak yang terlibat dan kemajuan                involved and the progress of the plan can be monitored.
rencananya dapat dipantau. Rencana perlakuan                  The treatment plan should clearly identify the sequence
sebaiknya jelas mengidentifikasi urutan perlakuan risiko      of risk treatments that should be applied. The treatment
yang sebaiknya diterapkan. Rencana perlakuan sebaiknya        plan should be integrated with the Company's
terintegrasi dengan rencana dan proses manajemen              management plans and processes, through consultation
Perusahaan, melalui konsultasi dengan pemangku                with appropriate stakeholders.
kepentingan yang sesuai.

Pemantauan dan Tinjauan                                       Monitoring and Review
Pemantaun dan tinjauan kembali diterapkan dengan              Monitoring and review are implemented with the aim of
tujuan untuk memastikan dan meningkatkan mutu dan             ensuring and improving the quality and effectiveness of
efektivitas desain, implementasi, dan hasil keluaran          design, implementation and process output. Ongoing
proses. Pemantauan yang sedang berlangsung serta              monitoring and regular reviews of risk management
tinjauan berkala terhadap proses dan hasil keluaran           processes and outputs become a planned part of the risk
manajemen risiko menjadi bagian terencana dari proses         management process, with clearly defined responsibilities.
manajemen risiko, dengan tanggung jawab yang                  Monitoring and review should be carried out at all stages
ditentukan dengan jelas. Pemantauan dan tinjauan              of the process. Monitoring and reviewing includes
sebaiknya dilaksanakan pada semua tahap proses.               planning, collecting and analyzing information, recording
Pemantauan dan tinjauan mencakup perencanaan,                 results and providing feedback. Monitoring and review
pengumpulan dan analisis informasi, pencatatan hasil          results should be included in all management activities,
dan pemberian umpan balik. Hasil pemantauan dan               measuring and reporting the Company's performance.
tinjauan sebaiknya disertakan di seluruh aktivitas
manajemen, pengukuran dan pelaporan kinerja Perseroan.

Pemantauan dan peninjauan dilakukan oleh Unit                 Monitoring and review is carried out by the Risk
Manajemen Risiko. Pencatatan dan Pelaporan Proses dan         Management Unit. Recording and Reporting Risk
hasil keluaran manajemen risiko didokumentasikan dan          management processes and output results are
dilaporkan melalui mekanisme yang sesuai. Pencatatan          documented and reported through appropriate
dan pelaporan dilakukan dengan tujuan                         mechanisms. Recording and reporting is done with purpose
   1. Mengomunikasikan aktivitas manajemen risiko dan           1. Communicate risk management activities and
      hasil keluaran dari pengelola manajemen risiko ke            output results from risk management managers
      seluruh organisasi,                                          throughout the organization,
   2. Memberikan      informasi   untuk   pengambilan           2. Providing information for decision-making.
      keputusan,
   3. Meningkatkan aktivitas manajemen risiko, dan              3. Improving risk management activities, and
   4. Membantu interaksi dengan pemangku kepentingan            4. Assist interactions with stakeholders including
      termasuk pihak yang memiliki tanggung jawab dan              parties who have responsibility and accountability
      akuntabilitas untuk aktivitas manajemen risiko.              for risk management activities.

Pelaporan adalah bagian integral dari tata kelola             Reporting is an integral part of organizational governance
organisasi dan diharapkan mampu meningkatkan mutu             and is expected to improve the quality of dialogue with
dialog dengan pemangku kepentingan serta mendukung            stakeholders and support top management and
manajemen puncak dan badan pengawas dalam                     supervisory bodies in fulfilling their responsibilities.
memenuhi tanggung jawab mereka.




                       Laporan Tahunan dan Keberlanjutan
472                                                                                    PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 473
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Penerapan Manajemen Risiko Tahun 2023                          Implementation of Risk Management in 2023
  1. Implementasi ERM di Lingkungan KAI                          1. Implementation of ERM in the KAI Environment
     Divisi Manajemen Risiko pada tahun 2023 dalam                  In 2023, the Risk Management Division in the
     rangka penerapan Manajemen Risiko Terpadu                      context     of    implementing       Integrated   Risk
     Enterprise Risk Management (ERM) di lingkungan                 Management Enterprise Risk Management (ERM)
     KAI dilakukan beberapa kegiatan sebagai berikut                within the KAI environment will carry out several
     berikut:                                                       activities as follows:
       a. Melakukan pemenuhan organ dan tata kelola                   a. Carry out compliance with organs and risk
          risiko sesuai Permen BUMN Nomor PER-2/                         management in accordance with Minister of
          MBU/03 Tahun 2023 Tentang Pedoman Tata                         State-Owned Enterprises Regulation Number
          Kelola dan Kegiatan Korporasi Signifikan BUMN                  PER-2/MBU/03 of 2023 concerning Guidelines
          Tanggal 24 Maret 2023 baik berupa upaya                        for Governance and Significant Corporate
          penyediaan organ dan kompetensinya serta                       Activities of SOE dated March 24 th, 2023, both
          penyusunan Peraturan Direksi atas Pedoman                      in the form of efforts to provide organs and
          Manajemen Risiko yang telah disesuaikan                        their competencies as well as the preparation
          (update).                                                      of Board of Directors Regulations on Risk
                                                                         Management Guidelines that have been
                                                                         implemented. adjusted (updated).
       b. Menerapkan RKAP Berbasis Risiko (Risk-Based                 b. Applying Risk-Based Budgeting to proposed
          Budgeting) terhadap usulan RKAP/RKAD                           RKAP/RKAD including the preparation of risk
          termasuk di dalamnya penyusunan strategi                       strategies, namely risk capacity, risk tolerance,
          risiko yaitu risk capacity, risk tolerance, risk               risk appetite and risk limits in accordance with
          appetite, dan risk limit sesuai Permen BUMN                    SOE Ministerial Regulation Number PER-2/
          Nomor PER-2/MBU/03 Tahun 2023 Tentang                          MBU/03 of 2023 concerning Governance
          Pedoman Tata Kelola dan Kegiatan Korporasi                     Guidelines Management and Significant
          Signifikan BUMN Tanggal 24 Maret 2023.                         Corporate Activities of SOE March 24 th, 2023.
       c. Melakukan pemantauan dan evaluasi terhadap                  c. Monitor and evaluate the implementation of
          implementasi manajemen risiko di seluruh                       risk management in all work units down to
          unit kerja hingga ke Anak Perusahaan di KAI                    Subsidiaries in the KAI Group together with the
          Group bersama Komite Pemantau Manajemen                        Risk Management Monitoring Committee.
          Risiko.
       d. Sosialisasi dan pelatihan manajemen risiko                  d. Regular risk management outreach and training
          secara     berkala    guna       meningkatkan                  to increase understanding and awareness in
          pemahaman dan kepedulian (awareness)                           risk management in all work units.
          dalam pengelolaan risiko di seluruh unit kerja.

  2. Penyusunan Kajian Risiko Proyek (Investasi dan               2. Preparation of Project Risk Studies (Investment
     Non Investasi)                                                  and Non-Investment)
     Divisi Manajemen Risiko melakukan kegiatan                      The Risk Management Division carries out project
     asesmen risiko proyek (investasi dan non-investasi,             risk assessment activities (investment and non-
     termasuk penugasan Pemerintah) secara rutin                     investment, including Government assignments)
     dalam bentuk kajian berdasarkan usulan RKAP                     regularly in the form of studies based on RKAP
     maupun permintaan khusus dari Direktorat tertentu               proposals or special requests from certain
     atau Unit Kerja tertentu (pengusul) yang akan                   Directorates or certain Work Units (proposers) which
     disahkan melalui Lembar Persetujuan Direksi (LPD).              will be ratified through the Directors' Approval Sheet
     Indentifikasi    risiko  proyek     yang    dapat               (LPD) . Identification of project risks that could
     menghambat tujuan investasi dilakukan dengan                    hinder investment objectives is carried out using
     menggunakan 9 (sembilan) kategori risiko yaitu                  9 (nine) risk categories, namely Strategic,
     Strategis, Kepatuhan, Keuangan, Operasional,                    Compliance, Financial, Operational, Project/
     Proyek/Investasi, Keselamatan & Lingkungan, Sosial              Investment, Safety & Environment, Socioeconomic,
     ekonomi, Legal dan Reputasi.                                    Legal and Reputation.

  3. Penyusunan Kajian Risiko Non Proyek                          3. Preparation of Non-Project Risk Studies
     Divisi Manajemen Risiko juga melakukan kegiatan                 The Risk Management Division also carries out non-
     asesmen risiko non proyek seperti setoran modal                 project risk assessment activities such as capital
     ke anak perusahaan dan penghapusbukuan aset                     deposits to subsidiaries and write-offs of company
     perusahaan dalam bentuk kajian berdasarkan                      assets in the form of studies based on RKAP
     usulan RKAP maupun permintaan khusus dari Unit                  proposals and special requests from certain Work
     Kerja tertentu (pengusul) yang akan disahkan                    Units (proposers) which will be ratified through the
     melalui Lembar Persetujuan Direksi (LPD).                       Directors' Approval Sheet (LPD).




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              473
                                                                  Annual and Sustainability Report
Page 474
                                     Tata Kelola Perusahaan
                                     Good Corporate Governance




  4. Implementasi Sistem Manajemen Risiko                                  4. Implementation of the Risk Management System
     Penerapan sistem informasi manajemen risiko di                           The implementation of the risk management
     KAI dilakukan menggunakan Aplikasi SMARTKA                               information system at KAI is carried out using the
     yang terdiri dari:                                                       SMARTKA Application which consists of:
      a. RCSA Entity                                                            a. RCSA Entity
         Proses pengisian RCSA (Risk Control Self                                  The process of filling in the Entity's RCSA (Risk
         Assessment) Entity dilakukan oleh setiap Risk                             Control Self Assessment) is carried out by each
         Owner setiap tahun pada saat penyusunan                                   Risk Owner every year when preparing the RKAP
         usulan RKAP (Risk-Based Budgeting). Periode                               (Risk-Based Budgeting) proposal. The filling
         pengisian      disesuaikan  dengan     timeline                           period is adjusted to the timeline for preparing
         penyusunan RKAP.                                                          the RKAP.
      b. RCSA Project                                                           b. RCSA Project
         Proses pengisian RCSA Project dilakukan oleh                              The process of filling out the RCSA Project is
         Risk   Analyst      Divisi Manajemen     Risiko                           carried out by the Risk Analyst of the Risk
         berdasarkan penyusunan kajian risiko proyek                               Management Division based on the preparation
         (investasi dan non investasi) serta penyusunan                            of project risk studies (investment and non-
         kajian risiko non proyek yang telah disahkan                              investment) as well as the preparation of non-
         melalui Lembar Persetujuan Direksi (LPD).                                 project risk studies which have been approved
                                                                                   through the Directors' Approval Sheet (LPD).

        Aplikasi SMARTKA sebagai sistem informasi                                   The SMARTKA application as KAI's risk
        manajemen risiko KAI saat ini telah                                         management information system has currently
        menambahkan fitur strategi risiko (risk strategy)                           added a risk strategy feature consisting of risk
        yang terdiri dari risk capacity, risk tolerance,                            capacity, risk tolerance, risk appetite and risk
        risk appetite dan risk limit sesuai dengan                                  limit in accordance with SOE Ministerial
        Permen BUMN Nomor PER-2/MBU/03 Tahun                                        Regulation Number PER-2/MBU/03 of 2023
        2023 Tentang Pedoman Tata Kelola dan                                        concerning         Governance        Guidelines
        Kegiatan Korporasi Signifikan BUMN Tanggal                                  Management and Significant Corporate Activities
        24 Maret 2023.                                                              of SOE March 24 th, 2023.

  5. Profil Risiko Utama Perusahaan RKAP Tahun 2023                        5. Company Main Risk Profile RKAP 2023
     KAI telah menyusun profil risiko utama RKAP 2023                         KAI has prepared the 2023 RKAP main risk profile
     yang dapat memberikan gambaran skala prioritas                           which can provide an overview of the priority scale
     bagi manajemen untuk mengendalikan Top High                              for management to control the Company's Top
     Risk Perusahaan melalui mitigasi risiko sehingga                         High Risk through risk mitigation so that the risk
     dampak risikonya berada pada tingkat yang dapat                          impact is at a level that is acceptable to the
     diterima oleh perusahaan (risk appetite). Adapun                         company (risk appetite). The Top High Risks or main
     Top High Risk atau risiko utama RKAP 2023 yang                           risks of the 2023 RKAP that have been identified
     telah teridentifikasi antara lain:                                       include:


       Kode
       Risiko      Peristiwa Risiko                 Penyebab Risiko                              Rencana Penanganan Risiko
 No
       Code          Risk Events                     Causes of Risk                                Risk Management Plan
        Risk

 1      KE-1    Potensi PT KAI sebagai       CDB tidak memberikan pinjaman         1.   Memastikan penjaminan Pemerintah atas pinjaman sebesar
                Pimpinan Konsorsium tidak    sebesar 75% dari nilai cost overrun        60% dari 75% nilai cost overrun dengan melakukan koordinasi
                dapat memenuhi seluruh       karena      pemerintah        tidak        intensif dengan Komite Kereta Cepat / Ensure Government
                beban cost overrun sponsor   memberikan penjaminan atas                 guarantee for loans of 60% of 75% of the value cost overrun
                Indonesia sesuai facility    pinjaman KAI kepada CDB                    by carrying out intensive coordination with the High-Speed
                agreement                    CDB does not provide loans at 75%          Train Committee
                PT KAI's potential as        of the value cost overrun because     2.   Apabila CDB tidak memberikan pinjaman, maka dimintakan
                Consortium Leader cannot     the government did not provide             usulan PMN kepada Pemerintah dengan porsi Indonesia
                meet all the burdens cost    guarantees for KAI's loans to CDB          USD870 Million atau setara sebesar Rp12,8 T (kurs RKAP
                overrun sponsor Indonesia                                               2023 Rp14.800,-) / If CDB does not provide a loan, then a
                sesuai facility agreement                                               PMN proposal is requested from the Government with an
                                                                                        Indonesian portion of USD 870 Million or the equivalent
                                                                                        of Rp12.8 T (RKAP 2023 exchange rate Rp14,800,-)




                      Laporan Tahunan dan Keberlanjutan
474                                                                                                      PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 475
                                      Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                           Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




        Kode
        Risiko        Peristiwa Risiko                     Penyebab Risiko                                  Rencana Penanganan Risiko
 No
        Code            Risk Events                         Causes of Risk                                    Risk Management Plan
         Risk

  2    KE-2       Potensi Tidak                    Nilai ekuitas dari cost overrun porsi     Dokumen usulan PMN 1 T harus ditambahkan justifikasi bahwa
                  diperolehnya PMN Rp1             Indonesia berdasarkan hasil review        PMN tersebut dapat digunakan untuk mengurangi cost overrun
                  Triliun untuk Pemenuhan          BPKP sebesar Rp 3,2 T sedangkan           porsi pinjaman sponsor Indonesia 75% dari nilai cost overrun
                  biaya tambahan (cost             PMN yang diusulkan pada tahun             semula Rp9,6 T menjadi Rp8,6 T
                  overrun) untuk Proyek            2022 Rp 4,2 T dan akan cair pada          The PMN 1 T proposal document must add justification that
                  KCJB                             akhir tahun 2022 sebesar Rp 3,2 T         the PMN can be used to reduce cost overrun Indonesian
                  Potential for non-obtaining      Equity value of cost overrun              sponsor loan portion is 75% of the value cost overrun from
                  PMN Rp1 Trillion to meet         Indonesia's portion based on the          Rp9.6 T to Rp8.6 T
                  additional     costs    (cost    results of the BPKP review is Rp3.2
                  overrun) for the KCJB Project    T, while the PMN proposed in 2022
                                                   is Rp4.2 T and will be disbursed at
                                                   the end of 2022 at Rp3.2 T.


  3    KE-4       Potensi terjadinya cash          Jumlah volume penumpang tidak             1.   Mengusulkan dukungan kepada Pemerintah berupa
                  deficiency akibat tidak          mencapai target proyeksi sesuai                penjaminan kelangsungan usaha kepada KAI untuk
                  tercapainya     pendapatan       kajian FS dan biaya operasional                mengcover loan Cash Deficiency Supports (CDS) / Propose
                  KCIC sesuai dengan target        yang lebih tinggi dari Kajian FS               support to the Government in the form of a business
                  Potential for cash deficiency    The total passenger volume did not             continuity guarantee for KAI to cover the Cash Deficiency
                  due to KCIC not achieving        reach     the  projected    target             Supports (CDS) loan
                  revenue in line with target      according to the FS study and             2.   Mengusulkan kepada pemegang saham KCIC melalui PSBI
                                                   operational costs were higher than             terkait permintaan pendanaan Cash Deficiency Support
                                                   the FS Study                                   (CDS) kepada kreditur (CDB) berupa pinjaman sesuia porsi
                                                                                                  saham di KCIC, yang porsi indonesia pembayaran cicilannya
                                                                                                  ditanggung oleh pemegang saham konsorsium Indonesia
                                                                                                  sesuai porsinya. / Propose to KCIC shareholders via PSBI
                                                                                                  a request for Cash Deficiency Support (CDS) funding to
                                                                                                  creditors (CDB) in the form of a loan according to the share
                                                                                                  portion in KCIC, where the Indonesian portion of the
                                                                                                  installment payments will be borne by the Indonesian
                                                                                                  consortium shareholders according to their portion.

  4    PI         Potensi mundurnya COD            Adanya kendala penyelesaian               1.   Memastikan penyedia sarana memenuhi kriteria Rolling
                  (commercial      operation       signaling     software     sehingga            Stock Parameter sesuai ketentuan yang sudah disepakati
                  date)       LRT Jabodebek        integrasi pengoperasian antara                 dalam dokumen interface / Ensure that the facility provider
                  melampaui 1 Juli 2023            sarana dan prasarana LRT untuk                 meets the Rolling Stock Parameter criteria according to
                  The potential for the COD        GOA3 terlambat.                                the provisions agreed in the interface document
                  (commercial      operation       There are obstacles in completing         2.   Memastikan penyedia Prasarana (software signaling) tidak
                  date) of the Jabodebek LRT       the signaling software so that the             ada perubahan kembali dari data yang ada dalam dokumen
                  to be postponed beyond           integration of operations between              interface. / Ensure that the infrastructure provider (signaling
                  July 1 st, 2023                  LRT Rolling Stock and infrastructure           software) does not make any changes to the data in the
                                                   for GOA3 is delayed.                           interface document.
                                                                                             3.   Melakukan koordinasi lebih intensif dengan pihak terkait
                                                                                                  tentang percepatan penyelesaian sofware signaling /
                                                                                                  Coordinate more intensively with related parties regarding
                                                                                                  accelerating the completion of signaling software

  5    KE-5       PT KAI masih menanggung          1.   Okupansi penumpang belum             1.   Melakukan sosialisasi dan promosi terhadapat calon
                  beban biaya pengelolaan               sesuai target FS di tahun                 penumpang LRT / Conduct outreach and promotions to
                  penyelenggaraan angkutan              pertama sebanyak 137 ribu pnp/            prospective LRT passengers1. Conduct outreach and
                  KA LRT tahun 2023                     hari / Passenger occupancy has            promotions to prospective LRT passengers
                  PT KAI still bears the burden         not met the FS target in the first   2.   Melakukan negoisasi dengan Pemerintah agar subsidi sarana
                  of management costs for               year of 137 thousand pnp/day              dapat dipenuhi dalam anggaran tahun 2023 atau maksimal
                  organizing       LRT     train   2.   Tidak diperolehnya Subsidi                dapat dipenuhi awal tahun 2024. / Negotiate with the
                  transportation in 2023                operasional tahun 2023 sebesar            Government so that Rolling Stock subsidies can be met
                                                        Rp642 M (beban Rp993M-                    in the 2023 budget or at a maximum can be met in early
                                                        pendapatan Rp351M = subsidi               2024.
                                                        Rp642M) / No operational
                                                        subsidy in 2023 amounting to
                                                        Rp642 M (expenses Rp993 M -
                                                        income Rp351 M = subsidy
                                                        Rp642 M)




                                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                                   475
                                                                                    Annual and Sustainability Report
Page 476
                                         Tata Kelola Perusahaan
                                         Good Corporate Governance




       Kode
       Risiko        Peristiwa Risiko                     Penyebab Risiko                                  Rencana Penanganan Risiko
 No
       Code            Risk Events                         Causes of Risk                                    Risk Management Plan
        Risk

 6         KE-6   Potensi terjadinya cash         Jumlah volume penumpang tidak             1.   Meminta subsidi kepada Pemerintah atas seluruh cash flow
                  deficiency selama masa          mencapai target proyeksi sesuai                gap/cash deficiency yang terjadi pada operasional
                  pengembalian pinjaman           kajian    FS    sedangkan      biaya           penugasan tersebut / Request a subsidy from the
                  LRT      melebihi       batas   operasional lebih tinggi dari Kajian           Government for all cash flow gaps/cash deficiencies that
                  maksimum subsidi yang           FS sehingga cash deficiency yang               occur in the operational assignment
                  ditetapkan oleh Pemerintah      terjadi lebih besar dari subsidi          2.   Cash deficiency yang melebihi batas maksimum subsidi
                  (Rp2 T)                         maksimum        yang     ditetapkan            pemerintah dipenuhi dengan bridging loan dan akan
                  Potential for cash deficiency   pemerintah (Rp2 T)                             diperhitungkan kumulatif pada perhitungan subsidi tahun
                  during     the   LRT     loan   The total passenger volume did not             berikutnya / Cash deficiencies that exceed the maximum
                  repayment period exceeds        reach     the    projected    target           government subsidy limit are met with a bridging loan
                  the maximum subsidy limit       according to the FS study, while               and will be calculated cumulatively in the subsidy calculation
                  set by the Government (Rp       operational costs were higher than             for the following year
                  2 T)                            the FS Study, so the cash deficiency
                                                  that occurred was greater than the
                                                  maximum subsidy set by the
                                                  government (Rp. 2 T).

 7    KL          Potensi risiko terjadinya       Adanya prasarana eksisting yang           Perlu dipastikan bahwa pekerjaan reinvestment di jalur
                  anjlokan KA di jalur            sudah tidak andal sehingga                angkutan batubara sumbagsel tetap dilakukan untuk
                  angkutan batubara               mengakibatkan beberapa lokasi di          mendukung opsi alternatif target volume angkutan yang akan
                  sumbagsel                       sepanjang jalur yang dilewati oleh        dipilih dan untuk menjamin kelancaran operasional perjalanan
                  Potential risk of a train       angkutan batubara di sumbagsel            angkutan batubara di sumbagsel.
                  derailment on the South         menjadi rawan terhadap KKA.               It is necessary to ensure that reinvestment work on the South
                  Sumatra coal                    The     existence    of   existing        Sumatra coal transportation route continues to be carried
                  transportation route            infrastructure that is no longer          out to support alternative options for the transportation volume
                                                  reliable has resulted in several          target that will be selected and to ensure the smooth operation
                                                  locations along the routes used by        of coal transportation in South Sumatra.
                                                  coal transport in South Sumatra
                                                  becoming vulnerable to KKA.

 8    KE-7        Potensi risiko adanya capex     1.   Penyelesaian           pekerjaan     Perlu melakukan koordinasi serta evaluasi antar unit yang terkait
                  overrun proyek Sumbagsel.            melebihi waktu yang ditargetkan      dalam rangka integrasi dan pengawalan kegiatan kerja di
                  (Asumsi Project:                     sebagaimana       S-Curve.       /   Sumbagsel, lebih intensif lagi serta diantisipasi bilamana
                  1. Dipo Sig Tahap 3                  Completion of work exceeds the       terdapat penyimpangan dari timeline atau target.
                  2. DT Me - Mli                       target time as per the S-Curve.      It is necessary to coordinate and evaluate between related
                  3. Overpass BH 925              2.   Adanya kenaikan biaya proyek         units in the context of integrating and monitoring work activities
                  4. Pengembangan Depo /               diluar yang dianggarkan atau         in South Sumatra, more intensively and anticipating any
                      Kertapati / Development          yang tak diduga (kenaikan IDC        deviation from the timeline or target.
                      of Kertapati Depot               dan biaya operasi). / There is an
                  5. Depo Gerbong Rjs / Rjs            increase in project costs
                      Wagon Depot                      beyond what was budgeted or
                  6. Depo Mekanik Rjs dan              unexpected (increase in IDC and
                      Me / Rjs and Me                  operating costs).
                      Mechanic Depot
                  7. Fly Over di JPL 123 dan
                      111 / Fly Over di JPL 123
                      dan 111
                  8. BY Lahat Kapasitas 3000
                      gerbong / BY Lahat
                      Capacity 3000 carriages
                  9. CTC
                  10. Depo Muaragula
                      Ultimate / Muaragula
                      Ultimate Depot
                  11. Sarana GD 54 T = 248
                      Unit) / Rolling Stock GD
                      54 T = 248 Units)

 9    OP-1        Potensi Ketidakmampuan          1.   Adanya pembatasan                    1.   Perlu dipastikan komitmen jangka panjang mitra swasta
                  mitra/klien PT BA maupun             penggunaan batu bara untuk                dengan adanya kesepakatan kontrak jangka panjang dengan
                  Swasta dalam memenuhi                menuju Net Zero Emission, /               seluruh mitra/klien angkutan batubara minimum 10 tahun.
                  target kapasitas angkut              There are restrictions on the             / It is necessary to ensure the long-term commitment of
                  yang telah disepakati                use of coal to achieve Net                private partners by having long-term contract agreements
                  Potential inability of PT BA         Zero Emission,                            with all coal transportation partners/clients for a minimum
                  and private partners/clients    2.   Adanya Program dan Target                 of 10 years.
                  to meet agreed transport             dari Mitra untuk membatasi           2.   Perlu dipertimbangkan mekanisme “take or pay” dengan
                  capacity targets                     produksi tambangnya, dan /                ditetapkan Service Level Agreement (SLA) -nya atau target
                                                       There are programs and                    minimum angkutan pada saat perencanaan kontrak serta
                                                       targets from partners to limit            adanya jaminan target volume PT BA maupun mitra swasta
                                                       their mining production, and              tercapai. / It is necessary to consider a "take or pay"
                                                  3.   Harga pasar batu bara turun. /            mechanism by establishing a Service Level Agreement (SLA)
                                                       The market price of coal falls.           or minimum transportation target when planning the
                                                                                                 contract and ensuring that the volume targets of PT BA
                                                                                                 and private partners are achieved.
                                                                                            3.   Perlu dipertimbangkan skema joint-investment untuk
                                                                                                 meningkatkan komitmen dari mitra/klien. / It is necessary
                                                                                                 to consider a joint-investment scheme to increase
                                                                                                 commitment from partners/clients.




                         Laporan Tahunan dan Keberlanjutan
476                                                                                                                PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 477
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




        Kode
        Risiko         Peristiwa Risiko               Penyebab Risiko                                Rencana Penanganan Risiko
 No
        Code             Risk Events                   Causes of Risk                                  Risk Management Plan
         Risk

                                                                                      4. Perlu dibuat escrow account agreement atau jaminan
                                                                                         deposit berupa cash kepada PT KAI sebesar nilai yang
                                                                                         ditetapkan. / It is necessary to make an escrow account
                                                                                         agreement or deposit guarantee in the form of cash to PT
                                                                                         KAI of the specified value.
                                                                                      5. Untuk seluruh mitra angkutan batubara agar dipastikan
                                                                                         hal-hal berikut: / For all coal transportation partners, ensure
                                                                                         the following:
                                                                                         a) Bahwa cadangan terbukti batubara yang akan diangkut
                                                                                             milik Mitra tidak akan habis sebelum waktu titik impas
                                                                                             investasi / That the Partner's proven coal reserves to be
                                                                                             transported will not run out before the investment break-
                                                                                             even point
                                                                                         b) Ketersediaan cadangan batubara sesuai dengan Joint
                                                                                             Ore Reserves Committee (JORC) atau Komite Cadangan
                                                                                             Mineral Indonesia (KCMI) atau konsultan yang diakui
                                                                                             agar dapat memperhitungkan proyeksi permintaan
                                                                                             angkutan batubara secara komprehensif untuk
                                                                                             memastikan permintaan angkutan batubara oleh Mitra
                                                                                             tersebut masih ada selama jangka waktu yang
                                                                                             direncanakan. / Availability of coal reserves in accordance
                                                                                             with the Joint Ore Reserves Committee (JORC) or
                                                                                             Indonesian Mineral Reserves Committee (KCMI) or
                                                                                             recognized consultants in order to comprehensively
                                                                                             calculate projected demand for coal transportation to
                                                                                             ensure demand for coal transportation by the Partner
                                                                                             is still available during the planned period.
                                                                                         c) Proses due diligence dalam pemilihan mitra swasta
                                                                                             terkait kemampuan peningkatan produksi dari segi
                                                                                             ketersediaan cadangan batubara, kemampuan finansial,
                                                                                             dll. / Due diligence process in selecting private partners
                                                                                             regarding the ability to increase production in terms
                                                                                             of availability of coal reserves, financial capabilities, etc.
                                                                                         d) KAI perlu mendapatkan kepastian terkait rencana
                                                                                             pembangunan fasilitas loading dan unloading oleh mitra
                                                                                             swasta. / KAI needs to obtain certainty regarding plans
                                                                                             to build loading and unloading facilities by private
                                                                                             partners.

  10   ST-1       Potensi adanya                Terbatasnya      kemampulaluan        Perlu ada koordinasi dan negosiasi dengan instansi terkait di
                  penumpukan batu bara di       sungai musi untuk mobilitas           Pemprov Sumbagsel yang menangani lalulintas sungai Musi,
                  Stockpile Bongkaran           tongkang angkutan batubara.           untuk dapat diberikan penambahan slot angkutan batu bara,
                  untuk angkutan batu bara      The limited permeability of the       termasuk melibatkan pihak mitra.
                  Kertapati                     Musi River for the mobility of coal   There needs to be coordination and negotiation with the relevant
                  Potential for coal            barges.                               agencies in the South Sumatra Provincial Government which
                  accumulation at the                                                 handles Musi river traffic, so that additional coal transportation
                  Bongkaran Stockpile for                                             slots can be provided, including involving partners.
                  Kertapati coal
                  transportation

  11   OP-2       Potensi risiko                Terdapat prasarana                    Perlu dipertimbangkan untuk dibentuk tim percepatan
                  dihentikannya operasional     Perkeretaapian yang dibangun          pengurusan sertifikasi dan perijinan prasarana
                  kereta api di lokasi          oleh Perusahaan belum                 perkeretaapian di Sumbagsel yang beranggotakan dari PT
                  prasarana yang dibangun       mempunyai perizinanan antar           KAI dan DJKA
                  dari biaya investasi          lain : izin operasi dan izin          It is necessary to consider forming a team to accelerate the
                  perusahaan                    pembangunan                           processing of certification and licensing of railway
                  Potential risk of stopping    There is railway infrastructure       infrastructure in South Sumatra with members from PT KAI
                  train operations at           built by the Company that does        and DJKA
                  infrastructure locations      not yet have permits, including:
                  built from company            operating permits and
                  investment costs              construction permits

                  1.   Peningkatan
                       prasarana
                       perkeretaapian di
                       depo Simpang tahap 2
                       dan persinyalan
                       mendukung tahap 3 /
                       1. Improvement of
                       railway infrastructure
                       at Simpang depot
                       stage 2 and signaling
                       to support stage 3
                  2.   Pekerjaan doubletrack
                       Muara Enim - Muara
                       Lawai / Muara Enim -
                       Muara Lawai
                       doubletrack work




                                                                          Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                             477
                                                                              Annual and Sustainability Report
Page 478
                                       Tata Kelola Perusahaan
                                       Good Corporate Governance




       Kode
       Risiko        Peristiwa Risiko                   Penyebab Risiko                                   Rencana Penanganan Risiko
 No
       Code            Risk Events                       Causes of Risk                                     Risk Management Plan
        Risk

                3. Pekerjaan doubletrack
                   Muara Lawai - Banjarsari
                   /   Muara      Lawai    -
                   Banjarsari doubletrack
                   work
                4. Persinyalan elektrik dan
                   intermediate block Me
                   X6 / Electrical signaling
                   and intermediate block
                   Me X6
                5. Pembangunan Stasiun
                   Kramasan / Construction
                   of Kramasan Station

 12     OP-3    Potensi Okupansi                Masih diberlakukannya                       Melakukan upaya efisiensi pembiayaan yang terkait dengan
                angkutan penumpang              pembatasan angkutan                         operasional KA angkutan penumpang selain terkait
                rendah dibawah yang             penumpang akibat target                     keselamatan dan mengupayakan TAC sesuai dengan PP 15
                diasumsikan (100%) secara       booster (50% dari dari sasaran              tahun 2016 agar target laba tetap tercapai.
                terus menerus dalam             vaksinasi pada TW II 2023)                  Carry out financing efficiency efforts related to passenger
                waktu tertentu.                 Passenger transportation                    transport train operations apart from those related to
                Potential passenger             restrictions are still in effect due        safety and strive for TAC in accordance with PP 15 of 2016 so
                transport occupancy is          to the booster target (50% of the           that profit targets can still be achieved.
                low below that assumed          vaccination target in Q2 2023)
                (100%) continuously
                within a certain time.

 13   OP-4      Potensi tidak                   1.   Masih adanya aset lahan PT KAI         1.   Perlu dipastikan atas status lahan ROW/BMN yang dispute
                terlaksananya atau                   yang dispute dengan DJKA                    tersebut dengan melakukan koordinasi secara konsisten
                gagalnya pembuatan                   terutama lokasi lahan di ROW                dan berkelanjutan dengan DJKA sehingga mendapat
                perjanjian kerjasama atas            / There are still PT KAI land               kepastian dan negosiasi dengan DJKA agar PT KAI dapat
                pemanfaatan/sewa aset                assets that are in dispute with             membuat perjanjian kerjasama atas pemanfaatan lahan
                PT KAI dengan peminat.               DJKA, especially the location               ROW. / It is necessary to ensure the status of the disputed
                Potential for non-                   of the land in the ROW                      ROW/BMN land by coordinating consistently and
                implementation or failure       2.   Masih ada lahan yang akan                   continuously with DJKA so as to obtain certainty and
                to conclude a cooperation            disewakan      kepada        mitra,         negotiation with DJKA so that PT KAI can make a cooperation
                agreement for the                    dikuasai oleh pihak ke-3 (belum             agreement on the use of ROW land.
                utilization/lease of PT KAI          Clear & Clean) / There is still land   2.   Perlu segera dilakukan tindakan atas lahan yang dikuasai
                assets with interested               that will be leased to partners,            oleh pihak ke-3, menjadi Clear & Clean, dengan
                parties.                             controlled by a 3rd party (not              berkoordinasi dengan unit Legal dan Aset. / Action needs
                                                     yet Clear & Clean)                          to be taken immediately on land controlled by 3rd parties,
                                                                                                 to make it Clear & Clean, in coordination with the Legal
                                                                                                 and Asset units.

 14   ST-2      Potensi hilangnya aset          1.   Memiliki status kepemilikan aset       1.   Melakukan mediasi atau litigasi / Conduct mediation or
                Perusahaan                           yang     sama       berdasarkan             litigation
                Potential loss of Company            perundang-undangan         yang        2.   Dilakukan penertiban aset / Asset control is carried out
                assets                               berlaku / Have the same asset          3.   Program pensertifikatan / Certification program
                                                     ownership status based on
                                                     applicable laws
                                                2.   Terdapat beberapa lahan milik
                                                     perusahaan yang di okupasi
                                                     oleh    pihak      yang    tidak
                                                     bertanggungjawab / There are
                                                     several company-owned lands
                                                     that    are      occupied     by
                                                     irresponsible parties
                                                3.   Belum semua aset dilakukan
                                                     pensertifikatan / Not all assets
                                                     have been certified

 15   KE-8      Potensi risiko kenaikan biaya   Adanya perbedaan penerapan                  1.   Meminta kepada Kemenhub untuk tetap menerapkan PP
                TAC pada RKAP 2023              perhitungan biaya TAC antara PMK                 15 tahun 2016 sebagai dasar perhitungan TAC / Ask the
                Potential risk of increasing    No 138/PMK.02/2021 dengan PP No                  Ministry of Transportation to continue to apply PP 15 of
                TAC costs in the 2023 RKAP      15 tahun 2016 menyebabkan                        2016 as the basis for calculating TAC
                                                potensi kenaikan biaya TAC                  2.   Apabila Kemenhub akan memberlakukan PMK No 138/
                                                The difference in the application                PMK.02/2021, maka perlu dilakukan koordinasi dengan
                                                of TAC cost calculations between                 Kementerian Perhubungan/DJKA agar dibuat Peraturan
                                                PMK No. 138/PMK.02/2021 and PP                   Menteri Perhubungan yang mengatur terkait besaran Satuan
                                                No. 15 of 2016 causes the potential              Biaya Penggunaan Prasarana KA dibawah nilai yang
                                                for an increase in TAC costs.                    ditetapkan pada PMK No 138/PMK.02/2021 / If the Ministry
                                                                                                 of Transportation is going to enforce PMK No. 138/
                                                                                                 PMK.02/2021, then it is necessary to coordinate with the
                                                                                                 Ministry of Transportation/DJKA to create a Minister of
                                                                                                 Transportation Regulation that regulates the amount of
                                                                                                 the Unit Fee for Using Railway Infrastructure below the
                                                                                                 value stipulated in PMK No. 138/PMK. 02/2021




                       Laporan Tahunan dan Keberlanjutan
478                                                                                                               PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 479
                                      Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                         Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




        Kode
        Risiko        Peristiwa Risiko                   Penyebab Risiko                                Rencana Penanganan Risiko
 No
        Code            Risk Events                       Causes of Risk                                  Risk Management Plan
         Risk

  16   KE-9        Potensi meningkatnya          Kontrak IMO tidak sesuai dengan         Mengupayakan perolehan IMO sebesar beban perawatan, namun
                   beban usaha dari              kebutuhan biaya perawatan               apabila tidak dapat dilakukan maka perlu mengupayakan
                   perawatan prasarana           The IMO contract does not meet          perolehan IMO sebesar beban IMO tahun 2022
                   Potential increase in         the      maintenance        cost        Strive to obtain IMO in the amount of maintenance expenses,
                   business expenses from        requirements                            but if this cannot be done then it is necessary to strive to obtain
                   infrastructure                                                        IMO in the amount of IMO expenses in 2022
                   maintenance

  17   KE-10       Potensi tidak optimalnya      1.   Kurang siapnya kondisi aset-aset   1.   Diupayakan       untuk     menyiapkan    aset-aset  yang
                   komersialisasi aset yang           yang akan dikerjasamakan /              dikerjasamakan dengak kondisi layak / Efforts are made
                   sudah clean and clear              Lack of preparedness of the             to prepare the assets being collaborated in proper
                   Potential for non-optimal          assets that will be collaborated        condition
                   commercialization of assets        with                               2.   Melakukan program peningkatan kompetensi di bidang
                   that are already clean and    2.   Kurangnya kompetensi dalam              property / Carrying out a competency improvement program
                   clear                              promosi aset / Lack of                  in the property sector
                                                      competence in asset promotion      3.   Melakukan review prosedur kerjasama jangka panjang /
                                                 3.   Prosedur kerjasama jangka               Review long-term cooperation procedures
                                                      panjang terlalu lama / Long-
                                                      term cooperation procedures
                                                      take too long

  18   KE-11       Potensi    risiko    adanya   Tidak ada penerimaan PSO karena         Mengupayakan skema PSO yang sesuai dengan kondisi KCI
                   permintaan setoran modal      belum ada perubahan status KCI          setelah pemisahaan sebagai anak perusahaan BUMD yaitu
                   dari MITJ untuk menutup       bukan lagi anak perusahaan KAI          melalui Dana Alokasi Khusus Pemerintah Pusat kepada Pemerintah
                   cash defficiency KCI          There is no PSO acceptance              Provinsi DKI
                   Potential risk of a request   because there has been no change        Strive for a PSO scheme that is in accordance with KCI's
                   for capital deposits from     in KCI's status and is no longer a      conditions after its separation as a BUMD subsidiary, namely
                   MITJ to cover KCI's cash      subsidiary of KAI                       through the Central Government's Special Allocation Fund to
                   deficiency                                                            the DKI Provincial Government

  19   ST-3        Potensi peningkatan Biaya     BBM untuk angkutan batubara 100%        1.   Penyesuaian tarif angkutan batubara / Adjustment of coal
                   Operasi (BIOP) KA Angkutan    menggunakan BBM Non Subsidi                  transportation rates
                   Batubara                      100% of the fuel for coal               2.   Peningkatan pendapatan melalui fuel surcharge kepada
                   Potential    increase    in   transportation    uses      non-             Mitra Angkutan Batubara / Increased income through fuel
                   operating costs (BIOP) for    subsidized fuel                              surcharges to Coal Transport Partners
                   coal transportation trains

  20   KE-12       Potensi biaya tambahan        Adanya kembali kenaikan harga           Perlu diantisipasi alokasi atau dicadangkan biaya untuk
                   untuk BBM diluar biaya yang   BBM baik yang Subsidi maupun Non        mengkaver adanya kenaikan BBM.
                   dianggarkan pada RKAP         Subsidi                                 It is necessary to anticipate the allocation or reserve costs to
                   2023                          There has been another increase         cover the increase in fuel.
                   Potential additional costs    in fuel prices, both subsidized and
                   for fuel beyond the costs     non-subsidized
                   budgeted in the 2023 RKAP

  21   OP-4        Potensi     terhambatnya      Adanya resistensi dari sebagian SDM     1.   Perlu secara kesinambungan meelakukan sosialisasi kepada
                   implementasi Transformasi     terkait dengan bahwa SDM belum               seluruh SDM PT KAI terkait Transformasi Digital. / It is
                   Digital dan tidak sesuai      dapat memahami dan menerima                  necessary to continuously carry out outreach to all PT KAI human
                   dengan roadmap yang           dalam melakukan implementasi                 resources regarding Digital Transformation.
                   rencanakan.                   Transformasi Digital.                   2.   Melakukan Monitoring dan evaluasi atas progres
                   Potential for the             There has been resistance from               implementasi Transformasi Digital. / Monitoring and
                   implementation of Digital     some HR related to the fact that             evaluating the progress of implementing Digital
                   Transformation to be          HR has not been able to understand           Transformation.
                   hampered and not in
                                                 and accept implementing Digital
                   accordance with the
                                                 Transformation.
                   planned roadmap.



  6. Monitoring Pelaksanaan Mitigasi Risiko Utama                                6. Monitoring Implementation of 2023 RKAP Main
     RKAP 2023                                                                      Risk Mitigation
     Berdasarkan risiko utama yang teridentifikasi pada                             Based on the main risks identified in the 2023 FY
     RKAP TA 2023, telah ditetapkan 22 risiko utama pada                            2023 RKAP, 22 main risks have been determined
     perusahaan dengan profil level risiko sebagai                                  for the company with the following risk level
     berikut.                                                                       profiles.

                                                                               Level Risiko Utama
  Jumlah Level Risiko                                                             Key Risk Level
  (Approval & Closed)
  Number of Risk Levels               Ekstrim                         Tinggi                         Menengah                            Rendah
                                      Extreme                          High                          Secondary                             Low

              22                          4                              13                                5                                  0




                                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                                479
                                                                                  Annual and Sustainability Report
Page 480
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




      22 risiko utama memiliki 41 perlakuan risiko atau                  The 22 main risks have 41 risk treatments or
      mitigasi yang harus diselesaikan. Sampai dengan                    mitigations that must be completed. As of the fourth
      triwulan IV 2023, telah dilakukan tindak lanjut                    quarter of 2023, risk mitigation follow-up has been
      mitigasi risiko oleh unit terkait dengan 29 mitigasi               carried out by the relevant units with 29 mitigations
      telah selesai dilaksanakan, 11 mitigasi masih dalam                having been completed, 11 mitigations are still in
      proses dan 1 mitigasi tidak dapat ditindaklanjuti                  process and 1 mitigation cannot be followed up by
      oleh PIC Mitigasi karena sudah tidak relevan dengan                the Mitigation PIC because it is no longer relevant
      kondisi saat ini. Atas beberapa mitigasi risiko yang               to current conditions. Several risk mitigation
      telah selesai akan berdampak pada level risiko                     measures that have been completed will have an
      actual residual sudah sama dengan level risiko                     impact on the actual residual risk level being the
      expected residual nya.                                             same as the expected residual risk level.


                                                                         Risk Level               Quantitative Impact (Rp Miliar)
         Kode
         Risiko               Peristiwa Risiko                           Expected      Actual
 No                                                           Inherent
          Code                  Risk Events                              Residual     Residual               Expected    Actual
                                                                                                  Inherent
          Risk                                                                                               Residual   Residual
                                                              P     I      P    I     P     I

  1       KE-1    Potensi PT KAI sebagai Pimpinan              4    5      2    2      2    2       9600       1920       1920
                  Konsorsium tidak dapat memenuhi
                  seluruh beban cost overrun sponsor
                  Indonesia sesuai facility agreement / PT
                  KAI's potential as Consortium Leader
                  cannot meet the entire cost overrun
                  burden of the Indonesian sponsor
                  according to the facility agreement

  2       KE-2    Potensi Tidak diperolehnya PMN Rp1           3    2      1    1      1    1       1000        167       167
                  Triliun untuk Pemenuhan biaya
                  tambahan (cost overrun) untuk Proyek
                  KCJB / Potential for non-obtaining Rp1
                  Trillion PMN to meet additional costs
                  (cost overrun) for the KCJB Project

  3       KE-3    Potensi belum diperolehnya manfaat           4    4      2    1      2    1        97         12         12
                  bagi PT KAI berupa deviden atas di
                  operasikannya KCJB / Potential benefits
                  have not yet been obtained for PT KAI in
                  the form of dividends from the
                  operation of KCJB

  4       KE-4    Potensi terjadinya cash deficiency akibat    5    3      5    1      5    3        245        82        245
                  tidak tercapainya pendapatan KCIC
                  sesuai dengan target / Potential for cash
                  deficiency due to KCIC not achieving
                  revenue in line with target

  5        PI     Potensi mundurnya COD (commercial            3    3      1    3      1    3        99         33         33
                  operation date) LRT Jabodebek
                  melampaui 1 Juli 2023 / Potential
                  rollback of COD (commercial operation
                  date) Jabodebek LRT beyond July 1 st,
                  2023

  6       KE-5    PT KAI masih menanggung beban biaya          5    4      2    2      2    2        567        113        113
                  pengelolaan penyelenggaraan angkutan
                  KA LRT tahun 2023 / PT KAI still bears
                  the burden of management costs for
                  organizing LRT train transportation in
                  2023

  7       KE-6    Potensi terjadinya cash deficiency           3    3      3    1      3    1        200        67         67
                  selama masa pengembalian pinjaman
                  LRT melebihi batas maksimum subsidi
                  yang ditetapkan oleh Pemerintah (Rp2
                  T) / Potential for cash deficiency during
                  the LRT loan repayment period exceeds
                  the maximum subsidy limit set by the
                  Government (Rp 2 T)




                       Laporan Tahunan dan Keberlanjutan
480                                                                                             PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 481
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                          Risk Level              Quantitative Impact (Rp Miliar)
         Kode
         Risiko               Peristiwa Risiko                            Expected      Actual
  No                                                          Inherent
          Code                  Risk Events                               Residual     Residual              Expected    Actual
                                                                                                  Inherent
          Risk                                                                                               Residual   Residual
                                                              P       I    P     I     P     I

   8      KL      Potensi risiko terjadinya anjlokan KA di     4      5    2     2      2    2       13         3          3
                  jalur angkutan batubara sumbagsel /
                  Potential risk of a train derailment on
                  the South Sumatra coal transportation
                  route

   9     KE-7     Potensi risiko adanya capex overrun          3      3    2     2      3    3      1831       814        1831
                  proyek Sumbagsel.
                  Asumsi Project :
                  1. Dipo Sig Tahap 3 / Dipo Sig Stage 3
                  2. DT Me - Mli / DT Me - Mli
                  3. Overpass BH 925 / Overpass BH 925
                  4. Pengembangan Depo Kertapati /
                      Development of Kertapati Depot
                  5. Depo Gerbong Rjs / Rjs Wagon Depot
                  6. Depo Mekanik Rjs dan Me / Rjs and
                      Me Mechanic Depot
                  7. Fly Over di JPL 123 dan 111 / Fly Over
                      at JPL 123 and 111
                  8. BY Lahat Kapasitas 3000 gerbong /
                      BY Lahat Capacity 3000 carriages
                  9. CTC / CTC
                  10. Depo Muaragula Ultimate /
                      Muaragula Ultimate Depot
                  11. Sarana GD 54 T = 248 Unit) / Rolling
                      Stock GD 54 T = 248 Units)

  10     OP-1     Potensi Ketidakmampuan mitra/klien PT        3      5    2     2      3    5      3700       987        3700
                  BA maupun Swasta dalam memenuhi
                  target kapasitas angkut yang telah
                  disepakati / Potential inability of PT BA
                  and private partners/clients to meet
                  agreed transport capacity targets

   11     ST-1    Potensi adanya penumpukan batu bara          3      3    2     2      2    2       31         13         13
                  di Stockpile Bongkaran untuk angkutan
                  batubara Kertapati / Potential for coal
                  accumulation at the Bongkaran
                  Stockpile for Kertapati coal
                  transportation

  12     OP-2     Potensi risiko dihentikannya operasional     3      4    2     2      3    4      3916       1305       3916
                  kereta api di lokasi prasarana yang
                  dibangun dari biaya investasi
                  perusahaan / Potential risk of stopping
                  train operations at infrastructure
                  locations built from company
                  investment costs
                  1. Peningkatan prasarana
                     perkeretaapian di depo Simpang
                     tahap 2 dan persinyalan mendukung
                     tahap 3 / Improvement of railway
                     infrastructure at Simpang depot
                     stage
                  2. Pekerjaan doubletrack Muara Enim -
                     Muara Lawai / Muara Enim - Muara
                     Lawai doubletrack work
                  3. Pekerjaan doubletrack Muara Lawai -
                     Banjarsari / Muara Lawai - Banjarsari
                     doubletrack work
                  4. Persinyalan elektrik dan intermediate
                     block Me X6 / Electrical signaling and
                     intermediate block Me X6
                  5. Pembangunan Stasiun Kramasan /
                     Construction of Kramasan Station




                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                   481
                                                                       Annual and Sustainability Report
Page 482
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




                                                                         Risk Level               Quantitative Impact (Rp Miliar)
      Kode
      Risiko                Peristiwa Risiko                             Expected      Actual
 No                                                           Inherent
       Code                   Risk Events                                Residual     Residual               Expected    Actual
                                                                                                  Inherent
       Risk                                                                                                  Residual   Residual
                                                              P     I     P     I     P     I

 13   OP-3     Potensi Okupansi angkutan penumpang             3    4     2     2      2    2       1920       640        640
               rendah dibawah yang diasumsikan
               (100%) secara terus menerus dalam
               waktu tertentu. / Potential passenger
               transport occupancy is low below that
               assumed (100%) continuously within a
               certain time.

 14   KE-8     Potensi tidak terlaksananya atau                3    4     2     2      3    4        289        96        289
               gagalnya pembuatan perjanjian
               kerjasama atas pemanfaatan/sewa aset
               PT KAI dengan peminat. / Potential for
               non-implementation or failure to conclude a
               cooperation agreement for the utilization/
               lease of PT KAI assets with interested
               parties.

 15    ST-2    Potensi hilangnya aset Perusahaan /             3    3     2     2      2    2        1,9       0,851      0,851
               Potential loss of Company assets

 16   KE-9     Potensi risiko kenaikan biaya TAC pada          3    4     2     2      2    2        818       273        273
               RKAP 2023 / Potential risk of increasing
               TAC costs in the 2023 RKAP

 17   KE-10    Potensi meningkatnya beban usaha dari           5    4     3     3      3    3        1013      456        456
               perawatan prasarana / Potential increase
               in business expenses from infrastructure
               maintenance

 18   KE-11    Potensi tidak optimalnya komersialisasi         3    4     2     1      3    4        253        42        253
               aset yang sudah clean and clear /
               Potential for non-optimal commercialization
               of assets that are already clean and clear

 19   KE-12    Potensi risiko adanya permintaan                3    4      1    1      1    1        631        53         53
               setoran modal dari MITJ untuk menutup
               cash defficiency KCI / Potential risk of a
               request for capital deposits from MITJ to
               cover KCI's cash deficiency

 20   OP-4     Potensi peningkatan Biaya Operasi               3    4      1    1      1    1        831        69         69
               (BIOP) KA Angkutan Batubara / Potential
               increase in operating costs (BIOP) for coal
               transportation trains

 21   KE-13    Potensi biaya tambahan untuk BBM                3    4      1    1      1    1       1322        110        110
               diluar biaya yang dianggarkan pada
               RKAP 2023 / Potential additional costs for
               fuel beyond the costs budgeted in the 2023
               RKAP

 22   OP-5     Potensi terhambatnya implementasi               3    5     2     3      2    3
               Transformasi Digital dan tidak sesuai
               dengan roadmap yang direncanakan. /
               Potential for delays in implementing Digital
               Transformation and not following the
               planned roadmap




                     Laporan Tahunan dan Keberlanjutan
482                                                                                             PT Kereta Api Indonesia (Persero)
                       Annual and Sustainability Report
Page 483
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Maturitas Manajemen Risiko                                     Maturitas Manajemen Risiko
Pada tahun 2023 telah dilakukan evaluasi maturitas             Pada tahun 2023 telah dilakukan evaluasi maturitas
penerapan sistem manajemen risiko terpadu untuk                penerapan sistem manajemen risiko terpadu untuk
periode tahun 2022 oleh Kantor Perwakilan Pengawas             periode tahun 2022 oleh Kantor Perwakilan Pengawas
Keuangan dan Pembangunan (BPKP) Provinsi Jawa Barat.           Keuangan dan Pembangunan (BPKP) Provinsi Jawa Barat.
Berdasarkan     Laporan     Nomor:      PE.09.02/LHP156/       Berdasarkan     Laporan    Nomor:      PE.09.02/LHP156/
PW10/4.1/2023 tanggal 6 April 2023 tentang Hasil Evaluasi      PW10/4.1/2023 tanggal April 6 th, 2023 tentang Hasil
Maturitas tersebut, capaian tingkat maturitas penerapan        Evaluasi Maturitas tersebut, capaian tingkat maturitas
sistem manajemen risiko pada PT Kereta Api Indonesia           penerapan sistem manajemen risiko pada PT Kereta Api
(Persero) Tahun 2022 berada pada Level 3 (Defined)             Indonesia (Persero) Tahun 2022 berada pada Level 3
dengan skor 3,0909. Hasil evaluasi atas tingkat maturitas      (Defined) dengan skor 3,0909. Hasil evaluasi atas tingkat
penerapan manajemen risiko tersebut juga dapat                 maturitas penerapan manajemen risiko tersebut juga
menggambarkan level maturitas penerapan budaya risiko          dapat menggambarkan level maturitas penerapan
di perusahaan.                                                 budaya risiko di perusahaan.

EVALUASI ATAS EFEKTIVITAS SISTEM                               EVALUATION OF THE EFFECTIVENESS OF
MANAJEMEN RISIKO                                               THE RISK MANAGEMENT SYSTEM
Sesuai ISO 31000:2018 pengelolaan risiko perusahaan yang       In accordance with ISO 31000:2018, effective enterprise
efektif dilakukan oleh seluruh unit bisnis di dalam            risk management is carried out by all business units
perusahaan, diterapkan sebagai manajemen risiko                within the company, implemented as integrated risk
terpadu (Enterprise Risk Management/ERM). Dalam                management (Enterprise Risk Management/ERM). In order
rangka penerapan ERM, Perseroan telah memberlakukan            to implement ERM, the Company has implemented
Pedoman Penerapan Manajemen Risiko Terpadu                     Integrated    Risk   Management       Implementation
(Pedoman ERM) dan Standard Operating Procedure                 Guidelines (ERM Guidelines) and Standard Operating
(SOP) yang termuat di dalam Peraturan Direksi No. PER.         Procedures (SOP) contained in Directors Regulation No.
U/ KL/I/1/KA-2021 tentang Penerapan Manajemen Risiko           PER.U/ KL/I/1/KA-2021 concerning Implementation of
Terpadu pada tanggal 25 Januari 2021.                          Integrated Risk Management on January 25 th, 2021.

Melalui pemberlakuan tersebut, lingkup penerapan               Through this implementation, the scope of risk
manajemen risiko yang sebelumnya bersifat terbatas pada        management implementation which was previously limited
pengelolaan risiko investasi (silo approach risk               to investment risk management (silo approach risk
management) menjadi lebih luas mencakup seluruh unit           management) has become wider to cover all business
bisnis dan unit kerja Kantor Kerja Perusahaan. Seiring         units and work units of the Company's Work Office. In
diterapkannya Pedoman ERM, Perseroan menerapkan                line with the implementation of the ERM Guidelines, the
aplikasi SMARTKA sebagai platform yang memfasilitasi           Company implemented the SMARTKA application as a
pelaksanaan penerapan Sistem Manajemen Risiko                  platform that facilitates the implementation of the
Terpadu. Aplikasi SMARTKA telah Go Live pada tanggal           Integrated Risk Management System. The SMARTKA
29 Maret 2021 dan telah difungsikan untuk mendukung            application went Live on March 29 th, 2021 and has been
pengelolaan risiko di seluruh unit bisnis/unit kerja (risk     used to support risk management in all business units/
entity) melalui pelaksanaan Risk Control and Self              work units (risk entities) through the implementation of
Assessment (RCSA).                                             Risk Control and Self Assessment (RCSA).

Dalam rangka melakukan evaluasi guna meningkatkan              To enhance the implementation of Risk Management
penerapan Manajemen Risiko yang memberikan                     and to provide protection and value creation for the
perlindungan dan penciptaan nilai bagi Perusahaan,             company, a composite risk rating assessment is
maka perusahaan melakukan penilaian peringkat komposit         conducted. This self-assessment follows the Technical
Risiko yang dilakukan secara self assessment sesuai            Guidelines for Risk Management Reporting issued by the
dengan Petunjuk Teknis Pelaporan Manajemen Risiko              State-Owned Enterprises Financial and Risk Management
Badan Usaha Milik Negara Deputi Bidang Keuangan dan            Deputy of the Ministry of SOE. The composite risk rating
Manajemen Risiko Kementerian BUMN. Perhitungan                 calculation is based on two variables: the assessment of
penentuan peringkat komposit risiko didasarkan pada            risk management implementation and performance
dua variabel yaitu penilaian terhadap penerapan                achievement. In the fourth quarter of 2023, the company
manajemen risiko dan penilaian terhadap pencapaian             has calculated these two variables to determine the
kinerja. Pada triwulan IV tahun 2023, perusahaan telah         composite risk rating for Q4 2023 as follows.
menghitung kedua variabel tersebut dalam rangka
penentuan peringkat komposit risiko Triwulan IV Tahun
2023 sebagai berikut.




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              483
                                                                  Annual and Sustainability Report
Page 484
                                     Tata Kelola Perusahaan
                                     Good Corporate Governance




Pembobotan Indikator Kualitas Penerapan Manajemen                 The weighting of the Risk Management
Risiko                                                            Implementation Quality
Perhitungan indikator kualitas penerapan Manajemen                Indicators is calculated based on the 22 key risks
Risiko mengacu pada 22 risiko utama yang telah                    identified by KAI.
ditentukan oleh KAI.


                         Indikator                               Bobot            Hasil Penilaian        Skor Penilaian
  No
                         Indicator                               Value           Assesment Result       Assesment Score

       Pencapaian Nilai Eksposur Risiko
       dibandingkan dengan target Risiko Residual /
   1                                                             30%                    68                    20
       Achievement of Risk Exposure Values
       compared to Residual Risk Targets

       Pencapaian output pelaksanaan kegiatan
       perlakuan Risiko sesuai dengan target 20% 80
  2    16 / Achievement of risk treatment activity               20%                    80                     16
       outputs in accordance with the target 20% 80
       16

       Realisasi anggaran pelaksanaan kegiatan
       perlakuan Risiko sesuai dengan anggaran /
  3                                                              20%                    80                     16
       Budget realization for risk treatment
       activities in accordance with the budget

       Ketepatan Penilaian Risiko / Accuracy of risk
  4                                                              30%                    82                    25
       assessment

                                              Jumlah / Total                                                  77


Pembobotan Indikator Pencapaian Kerja                             Weighting of Performance Achievement Indicators

                         Indikator                               Bobot            Hasil Penilaian        Skor Penilaian
  No
                         Indicator                               Value           Assesment Result       Assesment Score

       Capaian KPI Kolegial / Collegial KPI
   1                                                             30%                    100                   30
       Achievement

       Capaian Kinerja Keuangan / Financial
  2                                                              20%                   82,5                  24,75
       Performance Achievements

       Capaian Kinerja Operasi/Produksi Utama /
  3    Main Operation/Production Performance                     20%                    100                   40
       Achievements

                                              Jumlah / Total                                                 94,75


PERNYATAAN DIREKSI DAN/ATAU DEWAN                                 STATEMENT BY THE BOARD OF DIRECTORS
KOMISARIS ATAU KOMITE AUDIT ATAS                                  AND/OR BOARD OF COMMISSIONERS OR
KECUKUPAN SISTEM MANAJEMEN RISIKO                                 AUDIT COMMITTEE ON THE ADEQUACY OF
                                                                  THE RISK MANAGEMENT SYSTEM
Dewan Komisaris melalui Komite Pemantau Manajemen                 The Board of Commissioners, through the Risk
Risiko senantiasa melakukan evaluasi atas pelaksanaan             Management Monitoring Committee, continually evaluates
Enterprise Risk Management yang selanjutnya menjadi               the implementation of Enterprise Risk Management,
bahan arahan kepada Direksi. Berdasarkan arahan dari              which then serves as guidance for the Board of Directors.
Dewan Komisaris, Direksi menindaklanjuti hasil evaluasi           Based on the guidance from the Board of Commissioners,
dalam rangka meningkatkan efektivitas pelaksanaan                 the Board of Directors follows up on the evaluation
Enterprise Risk Management. Direksi dan Dewan                     results to enhance the effectiveness of Enterprise Risk
Komisaris menyatakan bahwa kecukupan sistem                       Management implementation. The Board of Directors
manajemen risiko Perseroan telah memadai.                         and the Board of Commissioners affirm that the adequacy
                                                                  of the company's risk management system is sufficient.




                       Laporan Tahunan dan Keberlanjutan
484                                                                                       PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 485
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KEBIJAKAN DAN PRAKTIK ANTI-KORUPSI [GRI 3-3, 205]
ANTI-CORRUPTION POLICIES AND PRACTICES [GRI 3-3, 205]
KAI memahami bahwa kebijakan dan praktik anti-korupsi          KAI understands that anti-corruption policies and
memiliki peran penting terhadap kualitas keberlangsungan       practices have an important role in the quality of business
kegiatan usaha, dan karenanya, KAI berkomitmen secara          continuity, and therefore, KAI is committed to consistently
konsisten menjalankan bisnis secara jujur, beretika, serta     running business honestly, ethically, and not tolerating
tidak mentoleransi tindakan suap dan korupsi melalui           acts of bribery and corruption through the "Clean, Bribery-
gerakan “KAI Bersih, Bebas Suap, Bebas Korupsi, untuk          Free, Corruption-Free KAI" movement. , for Indonesia!”.
Indonesia!”.

Gerakan “KAI Bersih, Bebas Suap, Bebas Korupsi, untuk          The movement "Clean KAI, Bribery Free, Corruption Free,
Indonesia!” dilandasi dengan kebijakan anti-korupsi            for Indonesia!" based on an anti-corruption policy which
yang secara efektif telah diterapkan sebagai upaya             has been effectively implemented as an effort to prevent
mencegah dan memberantas tindak korupsi antara lain            and eradicate acts of corruption, including in the form
berupa kebijakan Sistem Manajemen Anti Penyuapan,              of an Anti-Bribery Management System policy,
Pedoman Pengendalian Gratifikasi, Pedoman Perilaku             Gratification Control Guidelines, Code of Conduct (Code
(Code of Ethic), serta Pedoman Sistem Pelaporan Dugaan         of Ethic), as well as Guidelines for the System for Reporting
Pelanggaran (Whistleblowing System). Dalam hal ini,            Alleged Violations (Whistleblowing System). In this case,
Perseroan mengimplementasikan SMAP dengan                      the Company implements SMAP by issuing SMAP
menerbitkan kebijakan SMAP yang diatur dalam Peraturan         policies regulated in the Board of Directors Regulation
Direksi Nomor PER.U/KC.202/IV/1/ KA-2020 tanggal 14 April      Number PER.U/KC.202/IV/1/KA-2020 dated April 14th, 2020
2020 tentang Sistem Manajemen Anti Penyuapan.                  concerning the Anti-Bribery Management System. The
Perseroan juga menetapkan pembentukan Tim Fungsi               Company also stipulates the establishment of the Anti-
Kepatuhan Anti Penyuapan (FKAP) melalui Surat                  Bribery Compliance Function Team (FKAP) through the
Keputusan Direksi Nomor SK.U/KO.101/XI/1/KA-2022               Board of Directors Decree Number SK.U/KO.101/XI/1/KA-
tentang Pembentukan Tim Fungsi Kepatuhan Anti                  2022 concerning the Establishment of the Anti-Bribery
Penyuapan berdasarkan ISO 37001:2016 Sistem                    Compliance Function Team based on ISO 37001:2016 Anti-
Manajemen Anti Penyuapan.                                      Bribery Management System.

Perseroan menerapkan SMAP dengan prinsip zero                  The Company implements SMAP with the principle of
tolerance terhadap tindakan penyuapan. Perseroan               zero tolerance for bribery. The Company strictly prohibits
melarang keras penyuapan dan korupsi dalam bentuk              bribery and corruption in any form. Moreover, the
apa pun. Lebih dari itu, penerapan SMAP Perseroan juga         implementation of the Company's SMAP also has the
memiliki sasaran untuk menanamkan budaya integritas            goal of instilling a culture of integrity and preventing
dan mencegah terjadinya penyuapan dan tindak pidana            bribery and other criminal acts of corruption. The
korupsi lainnya. Kebijakan SMAP Perseroan merupakan            Company's SMAP policy is a guideline for reasonable and
pedoman langkah-langkah yang wajar dan proporsional            proportional steps to prevent, detect, and respond to
untuk mencegah, mendeteksi, dan menanggapi                     bribery. Through the implementation of the SMAP policy,
penyuapan. Melalui penerapan kebijakan SMAP,                   the Company is committed to doing business and
Perseroan berkomitmen untuk berbisnis dan beroperasi           operating with integrity at all times. The Company does
dengan integritas setiap saat. Perseroan tidak memberi         not tolerate corrupt practices or bribery, and is fully
toleransi bagi praktik korupsi atau penyuapan, dan             committed to building a AKHLAK culture to realize a
berkomitmen penuh membangun budaya AKHLAK untuk                Clean, Bribery-Free, Corruption-Free KAI.
mewujudkan KAI Bersih, Bebas Suap, Bebas Korupsi.

Untuk itu, KAI memiliki Sistem Pelaporan Dugaan                For this purpose, KAI has established a Whistleblowing
Pelanggaran / Whistleblowing System (WBS) sebagai              System (WBS) as a platform for reporting suspected
media untuk melaporkan indikasi pelanggaran terkait            violations related to acts of corruption and other
tindak pidana korupsi dan tindak pidana lain yang              corruption-related offenses, violations of the Code of
berkaitan dengan korupsi, pelanggaran terhadap                 Conduct / Ethics, employee disciplinary violations, acts
Pedoman Perilaku / Kode Etik, pelanggaran disiplin             of discrimination, acts of violence, and acts of harassment.
pekerja, tindak diskriminas,tindak kekerasan serta tindak      The implementation of WBS at KAI was first implemented
pelecehan. Penerapan WBS di KAI pertama kali                   on February 24 th, 2014 through the Decree of the Board
dilaksanakan pada tanggal 24 Februari 2014 melalui Surat       of    Directors     Number       KEP.U/HK.215/II/2/KA-2014
Keputusan Direksi Nomor KEP.U/HK.215/II/2/KA-2014              concerning the Guidelines for the Whistleblowing System
tentang Pedoman Sistem Pelaporan Pelanggaran                   within PT Kereta Api Indonesia (Persero).
(Whistleblowing System) di Lingkungan PT Kereta Api
Indonesia (Persero).




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              485
                                                                  Annual and Sustainability Report
Page 486
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




Kebijakan ini telah mengalami pemutakhiran, terakhir          This policy was last updated on January 12 th, 2024,
pada tanggal 12 Januari 2024 melalui Peraturan Direksi        through Director Regulation Number PER.U/KL.104/I/1/
Nomor PER.U/KL.104/I/1/KA-2024 tentang Pedoman                KA-2024 concerning Guidelines for Handling Complaints
Penanganan Pengaduan (Whistleblowing System),                 (Whistleblowing System), in alignment with current
dengan menyesuaikan perkembangan bisnis dan                   business developments and applicable laws and
perundang-undangan yang berlaku.                              regulations.

KAI menyediakan media pelaporan bagi Pelapor                  KAI provides reporting media for Whistleblowers to convey
(Whistleblower) untuk menyampaikan indikasi dugaan            indications of alleged violations that have occurred in
pelanggaran yang terjadi di Perusahaan, melalui:              the Company, through:
  1. E-mail ke alamat kai-bersih@kai.id;                         1. E-mail to the address kai- Bersih@kai.id;
  2. Telepon, SMS atau Whatsapp ke nomor resmi WBS               2. Call, SMS or Whatsapp to the official WBS number
     di 081214455300;                                               at 081214455300;
  3. Surat kepada Unit Pengelola WBS, Kantor Pusat PT            3. Letter to the WBS Management Unit, PT Kereta Api
     Kereta Api Indonesia (Persero), Jalan Perintis                 Indonesia (Persero) Headquarters, Jalan Perintis
     Kemerdekaan Nomor 1 Bandung;                                   Kemerdekaan Number 1, Bandung.
  4. Tatap muka dengan datang langsung ke alamat                 4. Face-to-face meeting by directly visiting the address
     Unit Pengelola WBS sebagaimana angka                           of the WBS Management Unit as mentioned in point
                                                                    3.

KAI memiliki komitmen untuk mendukung Pemerintah              KAI is committed to supporting the Government in efforts
dalam upaya pemberantasan tindak pidana korupsi,              to eradicate criminal acts of corruption, including by
diantaranya dengan menandatangani Perjanjian Kerja            signing a Cooperation Agreement (PKS) with the
Sama (PKS) dengan Komisi Pemberantasan Korupsi (KPK)          Corruption Eradication Commission (KPK) Number 70
Nomor 70 Tahun 2021 dan Nomor KL.705/III/2/KA-2021            of 2021 and Number KL.705/III/2/KA-2021 dated March
tanggal 2 Maret 2021 tentang Penanganan Pengaduan             2 nd, 2021, concerning the Handling of Complaints in
dalam Upaya Pemberantasan Tindak Pidana Korupsi.              Efforts to Eradicate Corruption Crimes. This collaboration
Kerja sama ini mencakup integrasi penanganan                  includes integration of complaint handling through a
pengaduan melalui whistleblowing system antara KPK            whistleblowing system between the KPK and KAI which
dan KAI yang bertujuan untuk membangun dan                    aims to build and improve effectiveness, efficiency, and
meningkatkan efektivitas, efisiensi, serta menghindari        avoid duplication in complaint handling, as well as
adanya duplikasi pada penanganan pengaduan, serta             facilitating coordination and monitoring of complaint
memudahkan koordinasi dan monitoring penanganan               handling between KAI and the KPK.
pengaduan antara KAI dan KPK.

Praktik Pengendalian Gratifikasi diatur dalam Peraturan       Gratification Control Practices are regulated in Directors
Direksi Nomor PER.U/KC.202/XI/1KA-2020 tentang                Regulation      Number         PER.U/KC.202/XI/1KA-2020
Pedoman Pengendalian Gratifikasi. Pedoman ini                 concerning Guidelines for Gratification Control. This
diantaranya mengatur tentang kewajiban dan sikap              guideline regulates, among other things, employee
pegawai terhadap gratifikasi, serta mekanisme                 obligations and attitudes towards gratuities, as well as
pelaporannya.                                                 reporting mechanisms.

Pegawai yang menerima atau menolak gratifikasi wajib          Employees who accept or reject gratification are required
menyampaikan laporan gratifikasi kepada UPG melalui           to submit a gratuity report to UPG via the E-Gratification
menu E-Gratifikasi pada situs web https://eoffice.kai.id,     menu on the website https://eoffice.kai.id, for further
untuk selanjutnya dilakukan penetapan atas kepemilikan        determination of ownership of the gratification through
gratifikasi melalui proses internal Unit Pengendalian         the internal process of the Gratification Control Unit
Gratifikasi (UPG) atau diteruskan kepada KPK. Setiap          (UPG) or forwarded to the Corruption Eradication
laporan gratifikasi dilaporkan kepada KPK sebagai             Commission. . Every gratification report is reported to
bentuk kepatuhan KAI terhadap Peraturan KPK No.2              the KPK as a form of KAI's compliance with KPK
Tahun 2019 tentang Pelaporan Gratifikasi.                     Regulation No. 2 of 2019 concerning Gratification
                                                              Reporting.

Perseroan juga telah menerapkan Sistem Manajemen              The Company has also implemented the ISO 37001:2016
Anti Penyuapan ISO 37001:2016 yang diatur dalam               Anti-Bribery Management System which is regulated in
Peraturan Direksi Nomor PER.U/KC.202/IV/l/KA-2020             Directors' Regulation Number PER.U/KC.202/IV/l/KA-2020
tentang Sistem Manajemen Anti Penyuapan. SMAP                 concerning Anti-Bribery Management System. ABMS is
diterapkan sebagai panduan yang wajar dan proporsional        implemented as a reasonable and proportionate guide
untuk mencegah, mendeteksi dan menangani                      to prevent, detect and deal with bribery.
penyuapan.




                      Laporan Tahunan dan Keberlanjutan
486                                                                                    PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 487
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Perseroan telah memulai penerapan dan sertifikasi SNI           The Company has started implementing and certifying
ISO 37001:2016 Sistem Manajemen Anti Penyuapan                  SNI ISO 37001:2016 Anti-Bribery Management System
(SMAP) pada tahun 2020 di Unit Quality Assurance and            (SMAP) in 2020 in the Quality Assurance and Good
Good Corporate Governance dan Unit PBJ Kantor Pusat.            Corporate Governance Unit and the Head Office PBJ Unit.
Selanjutnya pada tahun 2022, Perseroan menerima                 Furthermore, in 2022, the Company received the ISO
Sertifikat ISO 37001:2016 Sistem Manajemen Anti                 37001:2016 Anti-Bribery Management System Certificate
Penyuapan lingkup corporate yang merupakan                      for corporate scope, which is an expansion of the scope
perluasan lingkup implementasi dari tahun sebelumnya.           of implementation from the previous year. Corporate
Sertifikasi lingkup corporate dengan sampling audit             scope certification with audit sampling covering 20
yang meliputi 20 (dua puluh) Unit Kantor Pusat, DAOP            (twenty) Head Office Units, DAOP 3 Cirebon, DIVRE III
3 Cirebon, DIVRE III Palembang, dan Balai Yasa                  Palembang, and Balai Yasa Manggarai, was received by
Manggarai, diterima Perusahaan setelah melalui beberapa         the Company after going through several stages which
tahapan yang meliputi perencanaan, pengembangan                 included planning, development and implementation,
dan implementasi, serta evaluasi melalui audit internal         as well as evaluation through internal audits and external
dan audit eksternal oleh PT Tuv Nord Indonesia.                 audit by PT Tuv Nord Indonesia.

Pada tahun 2023, sesuai dengan klausul 9.2 SNI ISO 37001        In 2023, in accordance with clause 9.2 of SNI ISO 37001
tahun 2016, Organisasi dalam hal ini PT Kereta Api              of 2016, the organization, in this case PT Kereta Api
Indonesia (Persero) harus melaksanakan audit internal           Indonesia (Persero), must carry out an internal audit
pada rentang waktu yang telah direncanakan untuk                within the planned time frame to ensure that the Anti-
memastikan bahwa Sistem Manajemen Anti Penyuapan                Bribery Management System has been implemented and
telah diterapkan dan dipelihara (maintained) secara             maintained consistently. effective. Based on the stages
efektif. Berdasarkan tahapan sebagaimana dimaksud               referred to, the implementation of the internal audit of
penyelenggaraan Audit internal SMAP ISO 37001: 2016             SMAP ISO 37001: 2016 in 2023 was carried out in the period
di tahun 2023 telah dilaksanakan pada periode bulan             June 2023 to July 2023. Subsequently, an external
Juni 2023 sampai dengan bulan Juli tahun 2023. Setelah          surveillance audit was conducted by PT Tuv Nord
itu dilakukan audit eksternal surveillance 1 lingkup            Indonesia, covering a corporate scope with audit
korporasi oleh PT Tuv Nord Indonesia dengan ruang               sampling including representatives from each directorate
lingkup sampling audit meliputi perwakilan Unit                 at the Head Office, DAOP 3 Cirebon, DIVRE III Palembang,
masing-masing direktorat di Kantor Pusat, DAOP 3 Cirebon,       and Balai Yasa Manggarai during the period from August
DIVRE III Palembang, dan Balai Yasa Manggarai pada              8 th to August 30 th, 2023. The ISO 37001:2015 certification
periode 8 sampai dengan 30 Agustus 2023. Sertifikat ISO         for these operational areas is valid from September 2022
37001:2015 pada wilayah operasional tersebut berlaku            to September 2025.
sejak September 2022 sampai September 2025.

Selama tahun 2023, upaya Perseroan dalam mencegah               Throughout 2023, the Company’s efforts to prevent
insiden terkait korupsi tercermin pada tidak adanya             corruption incidents are reflected in the absence of
insiden   korupsi   yang     terbukti, yang    dapat            proven corruption cases that could lead to the termination
mengakibatkan berhentinya kontrak dengan mitra bisnis.          of contracts with business partners.

Operasi-Operasi yang Dinilai Memiliki Risiko Terkait            Operations Assessed to Have Risks Related to
Korupsi [GRI 205-1]                                             Corruption [GRI 205-1]
KAI berupaya untuk mencegah terjadinya korupsi dengan           KAI strives to prevent corruption by conducting risk
melakukan kajian risiko terhadap segala potensi terjadinya      studies of all potential corruption in KAI's business. The
korupsi di dalam bisnis KAI. Kajian risiko dilakukan melalui    risk assessment was carried out through sampling
sampling yang meliputi 20 (dua puluh) Unit Kantor Pusat.        covering 20 (twenty) Head Office Units. Meanwhile,
Sedangkan sampling yang dilakukan di kantor daerah              sampling was carried out at regional offices including
meliputi DAOP 3 Cirebon, DIVRE III Palembang, dan Balai         DAOP 3 Cirebon, DIVRE III Palembang, and Balai Yasa
Yasa Manggarai. Berdasarkan hasil kajian tersebut,              Manggarai. Based on the results of this study, it was found
ditemukan bahwa sebesar 16% total risiko signifikan             that 16% of the total significant risk was at the head office
berada di kantor pusat dan 2% berada di kantor daerah,          and 2% was at regional offices, or covering 12% of KAI's
atau mencakup 12% dibandingkan keseluruhan lingkup              entire operational scope. In order to reduce the level of
operasional KAI. Guna menurunkan tingkat risiko yang            risk that falls into the significant category, KAI has
masuk dalam kategori signifikan tersebut, KAI menerapkan        implemented a mitigation plan by doing the following:
rencana mitigasi dengan melakukan hal-hal sebagai
berikut:

  1. Menetapkan Kebijakan Anti Penyuapan KAI yang                  1. Establish a KAI Anti-Bribery Policy signed by all levels
     ditandatangani oleh seluruh jajaran Direksi dan                  of the Company's Board of Directors and Board of
     Dewan Komisaris Perseroan.                                       Commissioners.




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PT Kereta Api Indonesia (Persero)                                                                                               487
                                                                   Annual and Sustainability Report
Page 488
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




  2. Penandatanganan Code of Conduct bagi seluruh             2. Signing Code of Conduct for all KAI personnel once
     Insan KAI setiap tahun sekali yang memuat                   a year which includes the obligation to:
     kewajiban untuk:
      a. Bertindak sesuai pedoman perilaku.                      a. Act according to the code of conduct.
      b. Menjalankan       proses     bisnis   perusahaan        b. Carry out company business processes based
         berdasarkan       prinsip-prinsip    tata  kelola          on the principles of good corporate governance
         perusahaan yang baik (Good Corporate                       (Good Corporate Governance).
         Governance).
      c. Menghindari aktivitas yang dapat menimbulkan            c. Avoid activities that could create a conflict of
         benturan kepentingan.                                      interest.
      d. Tidak melakukan tindakan penyuapan yaitu                d. Do not commit acts of bribery, namely offering,
         menawarkan,         menjanjikan,     memberikan,           promising, giving, receiving, or asking for
         menerima, atau meminta keuntungan/sesuatu                  benefits/something that is not appropriate
         yang tidak semestinya dalam lingkup pekerjaan.             within the scope of work.
      e. Melaporkan setiap pelanggaran yang diketahui            e. Report any known or experienced violations to
         atau dialami kepada otoritas yang berwenang                the relevant authorities or the Whistleblowing
         atau media pelaporan dugaan pelanggaran                    System.
         (Whistleblowing System).
      f. Menolak dan melaporkan gratifikasi yang                 f. Refuse and report gratification that is related
         berhubungan dengan jabatan dan berlawanan                  to position and contrary to obligations.
         dengan kewajiban.
      g. Menerima        konsekuensi     jika   melakukan        g. Accept the consequences if you violate company
         pelanggaran terhadap peraturan perusahaan                  regulations and applicable laws.
         dan perundang- undangan yang berlaku.
  3. Kewajiban bagi seluruh Mitra Bisnis untuk                3. It is mandatory for all Business Partners to sign an
     menandatangani Pakta Integritas dan komitmen                Integrity Pact and anti-bribery commitment in all
     anti penyuapan pada seluruh proses kerja sama               collaboration processes carried out with the
     yang dilakukan dengan Perseroan, sesuai dengan              Company, in accordance with the ISO 37001:2016
     standar ISO 37001:2016 Sistem Manajemen Anti                Anti-Bribery Management System standard that
     Penyuapan yang telah diterapkan di Perseroan.               has been implemented in the Company.
  4. Secara kontinyu melakukan uji kelayakan kepada           4. Continuously carry out due diligence on all Business
     seluruh Mitra Bisnis yang melakukan kerja sama              Partners who collaborate with the Company, in
     dengan Perseroan, sesuai dengan standar ISO                 accordance with the ISO 37001:2016 Anti-Bribery
     37001:2016 Sistem Manajemen Anti Penyuapan yang             Management System standard that has been
     telah ditetapkan Perseroan.                                 established by the Company.
  5. Sosialisasi, diseminasi dan internalisasi tentang        5. Routine      and    comprehensive       socialization,
     antikorupsi secara rutin dan menyeluruh bagi                dissemination and internalization of anti-corruption
     kepada stakeholders Perseroan.                              for all stakeholders Company.
  6. Berpartisipasi dalam kegiatan HAKORDIA (Hari Anti        6. Participate in HAKORDIA (World Anti-Corruption
     Korupsi Sedunia) melalui serangkaian acara sebagai          Day) activities through a series of events as follows:
     berikut:
       – Perseroan berpartisipasi dalam Kegiatan                  – The Company participated in the Hakordia
          Hakordia di Gedung Balai Meuseuraya Aceh,                 Activity at the Balai Meuseuraya Aceh Building,
          Banda Aceh. pada kegiatan ini KAI memperoleh              Banda Aceh. In this activity, KAI received a
          sertifikat penghargaan sebagai Stand Terbaik              certificate of appreciation as the Best Stand in
          Kategori BUMN pada 9 s.d. 12 November 2023.               the SOE Category on November 9 th-12 th, 2023.
       – KAI Group menggelar Hari Anti Korupsi Sedunia            – KAI Group held World Anti-Corruption Day
          (Hakordia) tahun 2023 di Ruang Auditorium                 (Hakordia) in 2023 at the JRC Auditorium
          JRC, Jakarta dengan mengundang narasumber                 Room, Jakarta by inviting speakers from Anti-
          dari Praktisi Antikorupsi (ex Pimpinan KPK) dan           Corruption Practitioners (ex KPK Leaders) and
          Kementerian BUMN. Kegiatan yang digelar                   the Ministry of SOE. The activity held as a form
          dalam rangka wujud dukungan KAI menentang                 of KAI's support against corruption in various
          tindak korupsi di berbagai lini bisnis                    business lines of the company was attended
          perusahaan tersebut, diikuti oleh 789 peserta,            by 789 participants, consisting of BOD and BOC
          yang terdiri dari jjajaran BOD dan BOC, Kadaop/           ranks,      Kadaop/Kadivre,      Directors     of
          Kadivre, Direksi Anak Perusahaan, CDD, EVP,               Subsidiaries, CDD, EVP, VP and other KAI
          VP serta jajaran stakeholder KAI lainnya yang             stakeholders who were offline and online) on
          tergabung luring dan daring) pada 4 Desember              December 4 th, 2023.
          2023.




                      Laporan Tahunan dan Keberlanjutan
488                                                                                 PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 489
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       – Perseroan berpartisipasi dalam Kegiatan                    – The Company participated in the Hakordia
         Pameran Integrity Expo Hakordia 2023 di Istora               Integrity Expo 2023 Exhibition Activity at Istora
         Gelora Bung Karno, Jakarta. Pada kegiatan ini                Gelora Bung Karno, Jakarta. In this activity, KAI
         KAI memperoleh sertifikat penghargaan                        received a certificate of appreciation as a
         sebagai finalis booth terbaik HAKORDIA tahun                 finalist for the best HAKORDIA booth in 2023
         2023 pada 12 s.d. 13 Desember 2023.                          on December 12 th-13 th, 2023.

Komunikasi dan Pelatihan Tentang Kebijakan dan               Communication and Training on Anti-Corruption
Prosedur Anti-Korupsi [GRI 205-2]                            Policies and Procedures [GRI 205-2]
KAI memastikan bahwa seluruh insan KAI telah                 KAI ensures that all KAI personnel understand the anti-
memahami kebijakan anti-korupsi, pedoman perilaku,           corruption policy, code of conduct, conflicts of interest,
benturan kepentingan, anti-fraud, pengendalian               anti-fraud, gratification control, and whistleblowing
gratifikasi, dan whistleblowing system yang berlaku,         system in force, by regularly holding communication and
dengan secara berkala menyelenggarakan forum                 training forums related to anti-corruption policies and
komunikasi dan pelatihan terkait kebijakan dan prosedur      procedures includes socialization of GCG, Anti-
anti-korupsi meliputi sosialisasi GCG, Anti Gratifikasi,     Gratification, Anti-Corruption, WBS and code of conduct
antikorupsi, WBS dan code of conduct.

KAI secara berkala memastikan seluruh mitra bisnis           KAI periodically ensures that all business partners
memahami kebijakan anti-korupsi. KAI melakukan               understand the anti-corruption policy. KAI communicates
komunikasi mengenai anti-korupsi kepada seluruh (100%)       anti-corruption to all (100%) of KAI's business partners,
mitra bisnis KAI, melalui:                                   through:
  1. Penyampaian larangan kepada mitra bisnis untuk             1. Conveying a prohibition to business partners to
     memberikan gratifikasi kepada seluruh pegawai KAI             provide gratuities to all KAI employees in the
     pada proses pengadaan barang dan jasa.                        procurement of goods and services.
  2. Seluruh      mitra    bisnis diwajibkan     untuk          2. All business partners are required to sign an Integrity
     menandatangani Pakta Integritas;                              Pact;
  3. Seluruh mitra bisnis diwajibkan mematuhi                   3. All business partners are required to comply with
     kebijakan anti suap yang telah ditetapkan                     the anti-bribery policy set by the Company.
     Perseroan.
  4. Melakukan uji kelayakan kepada seluruh Mitra Bisnis        4. Conducting a feasibility test on all Business Partners
     yang akan melakukan kerja sama dengan                         who will cooperate with the Company; and\
     Perseroan; dan
  5. Mencantumkan pasal berkaitan dengan anti                   5. Including articles related to anti-bribery and anti-
     penyuapan dan anti korupsi pada setiap kontrak/               corruption in every contract/work agreement with
     ikatan kerja dengan mitra bisnis Perseroan.                   the Company's business partners.




                                                            Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                            489
                                                                Annual and Sustainability Report
Page 490
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




PELATIHAN/SOSIALISASI ANTI-KORUPSI                                   ANTI-CORRUPTION TRAINING/OUTREACH TO
KEPADA KARYAWAN                                                      EMPLOYEES
Perseroan berkomitmen untuk terus berupaya                           The Company is committed to continuing to strive to
meningkatkan pemahaman dan kompetensi pegawai                        improve employee understanding and competence
mengenai anti-korupsi, sebagai upaya berkelanjutan dalam             regarding anti-corruption, as a sustainable effort to
mewujudkan lingkungan kerja yang bersih dan                          create a clean work environment and integrity. In relation
berintegritas. Terkait dengan hal tersebut, Perseroan                to this, The Company carries out outreach and training
melakukan kegiatan sosialisasi dan pelatihan kepada insan            activities for KAI personnel with the following details:
KAI dengan perincian sebagai berikut:


           Materi Pelatihan / Sosialisasi                   Tanggal                    Peserta             Jumlah Peserta
  No
         Training / Dissemination Material                   Date                     Participant          Total Participant

        E-Learning Peningkatan Pemahaman           9 Februari 2023 /            Unit Pengendalian          17
   1    Gratifikasi / E-Learning Improving         February 9 th, 2023          Gratifikasi / Unit
        Gratification Understanding                                             Gratification Control

        Executive Briefing Sistem Manajemen        8 Mei 2023 /                 Top Management             50
        Mutu ISO 9001:2015 dan Anti Penyuapan      May 8 th, 2023               Perseroan / Top
  2     ISO 37001: 2016 / Executive Briefing ISO                                Management of the
        9001:2015 Quality Management System                                     Company
        and ISO 37001: 2016 Anti-Bribery

        Requirement, Implementation dan            9 - 11 Mei 2023 /            Pegawai Perseroan /        41
        Internal Auditor SMAP ISO 37001:2016 /     May 9 th-11 th, 2023         Employee
  3
        Requirement, Implementation and
        Internal Auditor SMAP ISO 37001:2016

        Awareness and Internal Auditor             19 - 22 September 2023 /     Pegawai Perseroan /        27
  4     Training ISO 37001:2016 Batch I            September 19 th-22 nd,       Employee
                                                   2023

        Awareness and Internal Auditor             3 - 6 Oktober 2023 /         Pegawai Perseroan /        25
  5
        Training ISO 37001:2016 Batch II           October 3 rd-6 th, 2023      Employee


Insiden Korupsi yang Terbukti dan Tindakan yang                      Proven Corruption Incidents and Actions Taken
Diambil [GRI 205-3]                                                  [GRI 205-3]
Selama tahun 2023, KAI menerima sejumlah 17 laporan                  During 2023, KAI received 17 reports of alleged violations
dugaan pelanggaran yang disampaikan melalui media                    submitted via the Whistleblowing System (WBS) media,
Whistleblowing System (WBS), terdiri dari 7 pengaduan                consisting of 7 complaints via e-mail, 4 complaints via
melalui e-mail, 4 pengaduan melalui surat, dan 6                     letter, and 6 complaints via the official WBS number. All
pengaduan melalui nomor resmi WBS. Seluruh laporan                   of these reports have been processed by the KAI WBS
tersebut telah diproses oleh pengelola WBS KAI, dengan               management, with 3 complaints proven, 3 complaints
sejumlah 3 pengaduan terbukti, 3 pengaduan dengan                    with the status of being forwarded to the authorized party/
status diteruskan pihak/unit berwenang, dan sejumlah                 unit, and 11 other complaints not proven or invalid. The
11 pengaduan lainnya tidak terbukti atau tidak valid.                3 proven cases were then followed up by authorized
Terhadap 3 kasus yang terbukti kemudian ditindaklanjuti              officers to impose sanctions and report the cases to the
oleh petugas yang berwenang untuk pemberian sanksi                   main director for processing and follow-up in accordance
dan melaporkan kasus tersebut kepada direktur utama                  with applicable regulations.
untuk diproses dan ditindaklanjuti sesuai dengan
peraturan yang berlaku.

KAI memastikan bahwa tidak terdapat kasus yang                       KAI ensures that there were no cases resulting in the
mengakibatkan berakhirnya kontrak dengan mitra bisnis,               termination of contracts with business partners, and
serta tidak terdapat kasus hukum terkait korupsi yang                there were no legal cases related to corruption filed by
diajukan oleh publik terhadap KAI atau karyawannya                   the public against KAI or its employees during the
selama periode pelaporan.                                            reporting period.




                        Laporan Tahunan dan Keberlanjutan
490                                                                                            PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 491
                                      Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




PERKARA HUKUM
LEGAL MATTERS
Pada tahun 2023, Perseroan menghadapi perkara hukum                        In 2023, the Company faces legal cases with the following
dengan jumlah perkara perdata, pidana, dan hubungan                        number of civil, criminal and industrial relations cases:
industrial sebagai berikut:

                        Perkara Hukum                                 Perdata               Pidana               Hubungan Industrial
  No
                          Legal Cases                                 Civil Law             Criminal            Industrial Relationship

        Telah Selesai (telah mempunyai kekuatan
   1    hukum yang tetap)                                                27                      15                       6
        Settled (with permanent legal force)

        Dalam proses penyelesaian
   2                                                                     59                      54                       5
        On progress


Perkara Hukum yang Dihadapi Perusahaan [GRI 206-1]                         Legal Cases Faced by the Company [GRI 206-1]
Selama tahun 2023, tidak terdapat tindakan hukum yang                      Throughout 2023, there were no legal actions pending
menunggu keputusan atau telah selesai sehubungan                           or resolved related to anti-competitive behavior, as well
dengan perilaku anti-persaingan serta pelanggaran                          as violations of anti-cartel and monopoly regulations.
terhadap peraturan antipakat dan monopoli.

Perincian perkara hukum yang dihadapi Perseroan di                         The details of the legal matters facing the Company in
tahun 2023 ialah sebagai berikut:                                          2023 are as follows:

                                                                                                                            Pengaruhnya
                                                   Status                  Risiko dan Nominal          Sanksi yang        terhadap kondisi
           Pokok Perkara/Gugatan                Penyelesaian                     Gugatan                dikenakan            Perusahaan
  No
            Subject Matter/Lawsuit               Settlement              Risk and Nominal Value          Sanction           Impact on the
                                                   Status                       of Lawsuit               imposed             Company’s
                                                                                                                              Condition

   1    Permohonan eksekusi atas           Telah dilaksanakan          Nilai Aset                           -          Berpotensi kehilangan
        Putusan Pengadilan Negeri          Eksekusi berdasarkan        Rp 71.282.700.000                               aset dan pendapatan
        Semarang terkait aset KAI di       Penetapan Eksekusi          Asset Value                                     dari pendayagunaan
        Jalan H. Agus Salim, Semarang      Pengadilan Negeri           Rp 71.282.700.000                               aset tersebut /
        (eks emplasemen Stasiun            Semarang, Pelaksanaan                                                       Potential loss of assets
        Jurnatan). / Application for       Eksekusi riil tanggal 17    Nilai Aset                                      and income from the
        execution of the decision of the   Oktober 2023 /              Rp 794.580.000.000                              utilization of those
        Semarang District Court related    Execution has been          Asset Value                                     assets
        to KAI's assets on Jalan H. Agus   carried out based on        Rp 794.580.000.000
        Salim, Semarang (former            the Execution Order of
        emplacement of Jurnatan            the Semarang District
        Station).                          Court, with the actual
                                           execution on October
                                           17 th, 2023.


   2    PT KAI (Persero) digugat oleh      Putusan Peninjauan          Nilai Materil Perkara                -          Berpotensi kehilangan
        Nani Sumarni Dkk terkait           Kembali Kabul tanggal       Rp 4.663.157.850.000                            aset dan pendapatan
        sengketa kepemilikan Tanah         24 Agustus 2023 / The       Material value of the case:                     dari pendayagunaan
        terletak di Jalan Elang, Kota      Judgment of the             Rp 4,663,157,850,000                            aset tersebut /
        Bandung seluas 7.6 Ha / PT KAI     Review was accepted                                                         Potential loss of assets
        (Persero) is being sued by Nani    on August 24 th, 2023.      Nilai Aset                                      and income from the
        Sumarni et al. regarding a land                                Rp 53.354.550.000                               utilization of those
        ownership dispute located on                                   Asset Value                                     assets
        Jalan Elang, Kota Bandung,                                     Rp 53.354.550.000
        covering 7.6 hectares.

   3    Sengketa Kepemilikan Aset di       Proses Peninjauan           Nilai Materil Perkara                -          Berpotensi kehilangan
        Jalan Sutomo, Medan seluas         Kembali di Mahkamah         Rp 2.000.000.000                                aset dan pendapatan
        4.030 m2, Penggugat a.n Datuk      Agung / Review process      Material value of the case:                     dari pendayagunaan
        Ahmad Fauzi / Dispute over         at the Supreme Court        Rp 2,000,000,000                                aset tersebut /
        asset ownership on Jalan                                                                                       Potential loss of assets
        Sutomo, Medan, covering 4,030                                  Nilai Imateril Perkara:                         and income from the
        m², with the plaintiff being                                   Rp 10.000.000.000                               utilization of those
        Datuk Ahmad Fauzi.                                             Immaterial value of the                         assets
                                                                       case:
                                                                       Rp 10,000,000,000

                                                                       Nilai Aset
                                                                       Rp 15.431.488.520
                                                                       Asset Value
                                                                       Rp 15.431.488.520




                                                                          Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                 491
                                                                              Annual and Sustainability Report
Page 492
                                           Tata Kelola Perusahaan
                                           Good Corporate Governance




                                                                                                                       Pengaruhnya
                                                     Status              Risiko dan Nominal         Sanksi yang      terhadap kondisi
           Pokok Perkara/Gugatan                  Penyelesaian                 Gugatan               dikenakan          Perusahaan
  No
            Subject Matter/Lawsuit                 Settlement          Risk and Nominal Value         Sanction         Impact on the
                                                     Status                   of Lawsuit              imposed           Company’s
                                                                                                                         Condition

  4     Gugatan perbuatan melawan            Proses di Pengadilan     Nilai Materil Perkara              -        Berpotensi kehilangan
        hukum terkait tindakan               Negeri Jakarta Pusat /   Rp 12.138.000.000                           aset dan pendapatan
        penertiban yang dilakukan oleh       Process at the Central   Material value of the case:                 dari pendayagunaan
        perusahaan terhadap tanah dan        Jakarta District Court   Rp 12,138,000,000                           aset tersebut /
        bangunan di Jalan Talang                                                                                  Potential loss of assets
        Betutu, Jakarta (Tanah Abang,                                 Nilai Imateril Perkara:                     and income from the
        St. BNI City) seluas 653,24 m2                                Rp 1.000.000.000                            utilization of those
        Penggugat a.n Stephan David                                   Immaterial value of the                     assets
        SP Sinaga / Lawsuit for unlawful                              case:
        acts related to enforcement                                   Rp 1,000,000,000
        actions by the company against
        land and buildings on Jalan
        Talang Betutu, Jakarta (Tanah
        Abang, St. BNI City), covering
        653.24 m², with the plaintiff
        being Stephan David SP Sinaga.


Perkara Hukum yang Sedang Dihadapi Dewan                                  Legal Cases Currently Facing the Board of
Komisaris dan Direksi yang Sedang Menjabat                                Commissioners and Board of Directors Who Are
                                                                          Currently in Office
Pada tahun 2023, tidak terdapat perkara hukum yang                        In 2023, there will be no legal cases being faced by the
sedang dihadapi oleh Dewan Komisaris dan Direksi yang                     incumbent Board of Commissioners and Directors.
sedang menjabat.

Perkara Hukum yang Sedang Dihadapi Anak                                   Legal Cases Currently Facing Subsidiaries
Perusahaan
Pada tahun 2023, tidak terdapat perkara hukum yang                        In 2023, there are no legal matters faced by the
dihadapi oleh Anak Perusahaan.                                            Subsidiary.

Sanksi Administratif yang Dikenakan Kepada                                Administrative Sanctions Imposed on the Company,
Perusahaan, Anggota Dewan Komisaris dan Direksi                           Members of the Board of Commissioners and Directors
oleh Otoritas Pasar Modal dan Otoritas Lainnya                            by the Capital Market Authority and Other Authorities
Pada tahun 2023, tidak terdapat sanksi administratif yang                 In 2023, there will be no administrative sanctions
dikenakan baik kepada Perseroan, anggota Dewan                            imposed on the Company, members of the Board of
Komisaris, maupun Direksi oleh otoritas pasar modal dan                   Commissioners, or Directors by the capital market
otoritas lainnya.                                                         authority or other authorities.




                          Laporan Tahunan dan Keberlanjutan
492                                                                                                   PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 493
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




AKSES INFORMASI DAN DATA PERUSAHAAN
ACCESS TO COMPANY INFORMATION AND DATA
Guna memberikan kemudahan pelayanan kepada                     In order to provide easy service to stakeholders, the
pemangku kepentingan, Perseroan telah menyediakan              Company has provided company information through
informasi perusahaan melalui berbagai fasilitas                various facilities including information technology-based
mencakup fasilitas berbasis teknologi informasi agar bisa      facilities so that it can be accessed by the public easily,
diakses masyarakat dengan mudah, murah, dan cepat.             cheaply and quickly. Company Information Disclosure
Kebijakan Keterbukaan Informasi Perusahaan Perseroan           Policy The Company implements a public information
menerapkan kebijakan keterbukaan informasi publik              disclosure policy based on Law Number 14 of 2008
berdasarkan Undang-Undang Nomor 14 tahun 2008                  concerning Public Information Openness.
tentang Keterbukaan Informasi Publik.

Untuk menjaga efektivitas pengelolaan Keterbukaan              To maintain the effectiveness of Public Information
Informasi Publik (KIP), Perseroan membentuk unit               Openness (KIP) management, the Company formed an
organisasi berdasarkan Surat Keputusan Direksi Nomor:          organizational unit based on Directors' Decree Number:
KEP.U/OT.003/VI/3/ KA-2010 tentang Perubahan dan               KEP.U/OT.003/VI/3/ KA-2010 concerning Amendments and
Tambahan (P&T) atas Keputusan Direksi Nomor: KEP/U/            Additions (P&T) to Directors' Decree Number: KEP/ U/
OT.003/VI/1/KA2009 tanggal 5 Juni 2009 tentang Organisasi      OT.003/VI/1/KA2009 dated June 5 th, 2009 concerning the
dan Tata Laksana Sekretariat Perusahaan di Lingkungan          Organization and Management of the Company
Kantor Pusat PT Kereta Api Indonesia (Persero).Standar         Secretariat within the Head Office of PT Kereta Api
Operasional Prosedur Keterbukaan Informasi Publik (SOP         Indonesia (Persero). Standard Operational Procedures for
KIP) dituangkan dalam Surat Keputusan Direksi Nomor:           Public Information Openness (SOP KIP) are outlined in
Kep.U.HK.003/XII/1/KA-2010, yang merupakan petunjuk            the Directors' Decree Number : Kep.U.HK.003/XII/1/KA-
pelaksanaan dan petunjuk teknis dalam melakukan                2010, which are implementation instructions and
pengelolaan informasi publik di lingkungan Perseroan.          technical instructions for managing public information
Peraturan tersebut kemudian diperbarui kembali melalui         within the Company. This regulation was then updated
Peraturan Direksi Nomor: PER.U/ KL.104/ VI/1/KA-2018           again through Directors' Regulation Number: PER.U/
tanggal 5 Juni 2018 tentang Pedoman Pelayanan                  KL.104/ VI/1/KA-2018 dated June 5 th, 2018 concerning
Informasi Publik.                                              Guidelines for Public Information Services.

Unit organisasi di bidang KIP dikelola oleh Manager Public     The organizational unit in the KIP sector is managed by
Information Care yang berada di bawah VP Public                the Public Information Care Manager who is under the
Relations dengan tugas pokok dan bertanggung jawab             VP Public Relations with the main task and responsibility
dalam pengelolaan informasi publik yang mencakup               for managing public information which includes storing,
penyimpanan, pendokumentasian, penyediaan, dan/atau            documenting, providing and/or providing information
pelayanan informasi terhadap pengguna informasi publik.        to users of public information.

MEDIA DAN JALUR LAYANAN INFORMASI                              MEDIA AND PUBLIC INFORMATION SERVICE
PUBLIK                                                         LINE
KAI sebagai salah satu badan publik berkomitmen untuk          KAI as a public agency is committed to implementing
melaksanakan dan mengelola keterbukaan informasi               and managing public information disclosure well. This
publik dengan baik. Pengelolaan ini bertujuan untuk            management aims to provide as much convenience as
semaksimal mungkin memberikan kemudahan bagi                   possible for the community, both individuals, groups of
masyarakat baik perorangan, kelompok orang, lembaga            people, private institutions and government agencies who
swasta,   maupun        instansi   pemerintah    yang          need KAI public information.
membutuhkan informasi publik KAI.
                                                               The management of public information disclosure that
Pengelolaan keterbukaan informasi publik yang telah            has been carried out is the provision of public information
dilakukan adalah penyediaan informasi publik melalui           through various media owned by the Company,
berbagai media yang dipunyai oleh Perusahaan,                  including; ppid website. kai.id, PPID mobile application,
diantaranya; website ppid. kai.id, aplikasi mobile PPID,       and Kereta Apikita social media. Apart from that,
dan media sosial Kereta Apikita. Selain itu melakukan          providing services to public information applicants
pelayanan kepada pemohon informasi publik melalui              through various channels, including; come directly to the
berbagai jalur, diantaranya; datang langsung ke kantor         PPID office, via telephone, letter, email and WhatsApp.
PPID, melalui telepon, surat, email, dan WhatsApp. Untuk       To answer the public's need for easy and practical access
menjawab kebutuhan masyarakat akan kemudahan akses             to public information services online, especially in the
layanan informasi publik secara online dan praktis             midst of the Covid-19 pandemic, public information request
khususnya di tengah pandemi Covid-19, telah disediakan         channels have been provided via the ppid.kai.id website
jalur permintaan informasi publik melalui website ppid.        and the PPID mobile application.
kai.id, dan aplikasi mobile PPID.




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              493
                                                                  Annual and Sustainability Report
Page 494
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




Penyediaan layanan informasi publik tidak hanya bagi            Providing public information services is not only for normal
orang normal saja. Untuk memberikan kesetaraan bagi             people. To provide equality for people with disabilities,
penyandang disabilitas, KAI juga menyediakan media              KAI also provides media and service channels, such as
dan jalur layanan, seperti jalur jalan dengan guiding block,    walking paths with guiding blocks and wheelchair paths,
dan jalur kursi roda, Formulir Permintaan Informasi             information request forms in braille, and sound websites.
dengan huruf braille, serta website bersuara.

MEDIA PENYAMPAIAN INFORMASI                                     MEDIA DELIVERY INFORMATION
Siaran Pers                                                     Press Releases
Selama tahun 2023, KAI telah membagikan berita dalam            During 2023, KAI has distributed news in the form of press
bentuk siaran pers berjumlah 301 judul siaran pers. Siaran      releases totaling 301 press release titles. The press
pers tersebut diharapkan dapat meningkatkan kesadaran           releases are expected to increase awareness and
dan pengetahuan khalayak sasaran terkait informasi              knowledge of the target audience regarding the news
berita yang telah dibagikan.                                    information that has been shared.

Media Sosial                                                    Social Media
KAI memiliki 2 brand media sosial Perseroan, yaitu Kereta       KAI has 2 Company social media brands, namely Kereta
Api Kita dan KAI 121 untuk tujuan penyebaran informasi          Api Kita and KAI 121 for the purpose of disseminating
yang berbeda. Akun KAI121 ditujukan untuk pelayanan             different information. The KAI121 account is intended for
pelanggan dan informasi seputar produk, sementara akun          customer service and information about products, while
Kereta Api Kita lebih fokus pada dukungan bagi brand            the Kereta Api Kita account is more focused on
image Perseroan.                                                supporting the Company's brand image.

Platform media sosial yang digunakan adalah sebagai             The social media platforms used are as follows:
berikut:
Twitter                   : KAI121 dan Kereta Api Kita          Twitter                       : KAI121 and Kereta Api Kita
Facebook Fanpage          : KAI 121 dan Kereta Api Kita         Facebook Fanpage              : KAI 121 and Kereta Api Kita
Instagram                 : KAI121_ dan Kereta Api Kita         Instagram                     : KAI121_ and Kereta Api Kita
YouTube                   : Kereta Api Kita                     YouTube                       : Kereta Api Kita
Tiktok                    : KAI121 dan Kereta Api Kita          Tiktok                        : KAI121 and Kereta Api Kita
Podcast                   : Sahabat KAI                         Podcast                       : Sahabat KAI

Website                                                         Website
Perseroan memiliki website dengan alamat https://www.           The Company's website has a website with the address
kai.id/ yang menyediakan informasi dan data-data                https://www. kai.id/ which provides the latest information
terbaru, berita, siaran pers, artikel, informasi lowongan       and data, news, press releases, articles, job vacancy
kerja, lelang, keterbukaan informasi publik, heritage, CSR      information, auctions, public information disclosure,
hubungan investor, GCG, dan prestasi. Website Perseroan         heritage, CSR investor relations, GCG, and achievements.
juga menyediakan fasilitas pemesanan tiket. Informasi           The Company's website also provides ticket booking
dalam website disampaikan dalam Bahasa Indonesia.               facilities. Information on the website is presented in
                                                                Indonesian.

Aplikasi KAI                                                    KAI App
KAI senantiasa menjaga pelayanan prima bagi seluruh             KAI always maintains excellent service for all passengers,
penumpang, di antaranya dengan memberikan                       including by providing convenience to customers at
kemudahan kepada pelanggan dalam genggaman yaitu                their fingertips, namely in the form of an application.
dalam bentuk aplikasi. Sampai dengan 2022, terdapat 2           Until 2022, there are 2 (two) applications developed by
(dua) aplikasi yang dikembangkan KAI dengan                     KAI with the following explanation:
penjelasan sebagai berikut:

Aplikasi Mobile Access by KAI                                   Access by KAI Mobile App
Access by KAI (sebelumnya bernama KAI Access) terus             Access by KAI (formerly known as KAI Access) continues
diperkaya dengan berbagai fitur yang berguna bagi               to be enhanced with various features beneficial to
pelanggan. Selain dapat digunakan untuk membeli tiket           customers. In addition to purchasing tickets for long-
perjalanan KA jarak jauh, lokal, KRL, KA Bandara, LRT           distance trains, local trains, KRL, airport trains, LRT
Jabodebek dan KCJB Whoosh, melalui Access by KAI                Jabodebek, and KCJB Whoosh, users can obtain
pengguna dapat memperoleh informasi terkait KRL, KAI            information related to KRL, KAI logistics, KAI news,
logistik, berita terkait KAI, layanan pembatalan dan ubah       cancellation and schedule change services, ticket
jadwal perjalanan KA, transfer tiket, live tracking,            transfers, live tracking, food ordering on trains, first-last
pemesanan makanan di kereta, first-last mile, fasilitas         mile services, KAI Pay electronic wallet facilities, hotel
uang elektronik KAI Pay, pemesanan hotel, serta layanan         bookings, and top-up and billing services.
top-up dan tagihan.




                        Laporan Tahunan dan Keberlanjutan
494                                                                                       PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 495
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Aplikasi Mobile PPID KAI                                      KAI PPID Mobile App
KAI sebagai salah satu badan publik berkomitmen untuk         KAI as a public agency is committed to implementing
melaksanakan dan mengelola keterbukaan informasi              and managing public information disclosure as best as
publik sebaik mungkin. Ini bertujuan untuk mengelola          possible. This aims to manage information and
informasi dan dokumentasi yang bertugas membantu              documentation which is tasked with helping the public
masyarakat dalam mendapatkan informasi seputar KAI.           obtain information about KAI. To keep up with
Untuk mengikuti perkembangan zaman KAI berinovasi             developments, KAI innovated by creating the PPID mobile
dengan menciptakan aplikasi mobile PPID. Selain               application. Apart from containing the KAI Public
memuat tentang Daftar Informasi Publik KAI dan peraturan-     Information List and regulations related to the Central
peraturan terkait Komisi Informasi Pusat (KIP), aplikasi      Information Commission (KIP), the PPID application also
PPID juga memuat menu khusus untuk permohonan                 contains a special menu for requests for public
informasi publik. Pengguna yang memakai menu                  information. Users who use this menu will be
tersebut akan langsung tersambung dan dilayani oleh           immediately connected and served by the admin or
admin atau staf PPID.                                         PPID staff.



PEDOMAN PERILAKU
CODE OF CONDUCT
Pedoman Perilaku (Code of Conduct) merupakan                  The Code of Conduct is a guideline for attitudes, behavior
pedoman sikap, tingkah laku, dan perbuatan di dalam           and actions in carrying out tasks and daily life
melaksanakan tugas dan pergaulan hidup sehari-hari,           relationships, which is applied to realize the Company's
yang diterapkan untuk mewujudkan visi dan misi                vision and mission. The code of conduct is also known
Perseroan. Pedoman perilaku juga dikenal sebagai Kode         as the Company's Code of Ethics.
Etik Perseroan.

KAI menjalankan usaha sesuai dengan prinsip-prinsip           KAI carries out business in accordance with the principles
Good Corporate Governance (GCG), salah satunya dengan         of Good Corporate Governance (GCG), one of which is by
menetapkan pedoman perilaku yang berisi uraian perilaku       establishing a code of conduct which contains a
yang harus dipatuhi dan dijalankan Insan KAI, mencakup        description of the behavior that must be adhered to and
Dewan Komisaris, Direksi, dan seluruh pekerja, dalam          carried out by KAI personnel, including Board of
melaksanakan tanggung jawab dan kewenangan masing-            Commissioners, Directors and all employees, in carrying
masing.                                                       out their respective responsibilities and authorities. each.

KAI menjalankan bisnisnya secara etis dan mematuhi            KAI carries out its business ethically and complies with
semua hukum dan peraturan perundang-undangan                  all applicable laws and regulations. In running a business,
yang berlaku. Dalam menjalankan bisnis, etika dan             ethics and integrity must be the basis for the
integritas harus menjadi dasar atas pelaksanaan semua         implementation of all Company relationships, including
hubungan Perseroan, termasuk dengan pelanggan,                with customers, providers of goods and services, workers
penyedia barang dan jasa, pekerja dan stakeholders            and other stakeholders.
lainnya.

POKOK-POKOK PEDOMAN PERILAKU                                  KEY POINTS OF THE CODE OF CONDUCT
Pedoman Perilaku Perseroan memuat pokok-pokok                 The Company's Code of Conduct contains the following
sebagai berikut:                                              points:
  1. Pernyataan komitmen Direksi dan Dewan Komisaris.           1. Statement of commitment of the Board of Directors
                                                                   and Board of Commissioners.
  2. Nilai-nilai perusahaan (values).                           2. Company values (values).
  3. Benturan kepentingan dan korupsi.                          3. Conflicts of interest and corruption.
  4. Penerimaan gratifikasi, pemberian donasi, dan              4. Receiving gratuities, giving donations, and giving
      pemberian hadiah.                                            gifts
  5. Kepedulian terhadap keselamatan dan kesehatan              5. Concern for occupational safety and health (K3) and
      kerja (K3) serta pelestarian lingkungan.                     environmental preservation.
  6. Kesempatan yang sama untuk mendapatkan                     6. Equal opportunity to get a job and promotion.
      pekerjaan dan promosi.
  7. Integritas laporan keuangan.                                7. Integrity of financial reporting.
  8. Perlindungan informasi Perseroan.                           8. Protection of company information.
  9. Aset tak berwujud (intangible asset).                       9. Intangible assets (intangible assets).
  10. Informasi orang dalam.                                     10. Inside information
  11. Perlindungan harga/aset Perusahaan.                        11. Company price/asset protection.
  12. Kegiatan sosial dan politik.                               12. Social and political activities.




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             495
                                                                 Annual and Sustainability Report
Page 496
                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




  13. Etika yang terkait dengan stakeholders.                  13. Ethics related to stakeholders.
  14. Penegakan pedoman perilaku.                              14. Enforcement of code of conduct.
  15. Pelanggaran dan sanksi.                                  15. Violations and sanctions.

KEPATUHAN TERHADAP PEDOMAN                                   COMPLIANCE WITH THE CODE OF CONDUCT
PERILAKU
KAI memiliki pedoman perilaku yang merupakan nilai           KAI has a code of conduct which is a basic value for the
dasar bagi Dewan Komisaris, Direksi, dan seluruh Insan       Board of Commissioners, Directors and all KAI personnel
KAI dalam menjalankan tugas dan tanggung jawab               in   carrying    out   their   respective  duties   and
masing-masing secara profesional.                            responsibilities professionally.

Dewan Komisaris, Direksi, dan seluruh Insan KAI telah        The Board of Commissioners, Directors and all KAI
menandatangani Pernyataan Kepatuhan terhadap                 personnel have signed a Statement of Compliance with
Pedoman Perilaku sebagai wujud komitmen untuk patuh          the Code of Conduct as a form of commitment to comply
terhadap pedoman perilaku Perusahaan                         with the Company's code of conduct.

PENYEBAR LUASAN PEDOMAN PERILAKU                             DISSEMINATION OF THE CODE OF CONDUC
Perseroan memahami bahwa sosialisasi merupakan               The Company understands that socialization is an
tahapan penting dari penerapan pedoman perilaku.             important stage in implementing the code of conduct.
Secara berkala, Perseroan memastikan bahwa Pedoman           Periodically, the Company ensures that the Company's
Perilaku Perusahaan telah dikomunikasikan, dipahami          Code of Conduct has been communicated, understood
dan dilaksanakan oleh seluruh Insan KAI. Sosialisasi         and implemented by all KAI personnel. This socialization
tersebut yang dilakukan antara lain melalui kegiatan:        is carried out, among others, through activities:

  1. Sosialisasi etika bisnis dan budaya perusahaan            1. Socialization of business ethics and company
     termasuk di dalamnya terkait gratifikasi kepada              culture, including regarding gratification to top
     manajemen puncak, jajaran pelaksana, hingga                  management, executive staff, and stakeholders, is
     kepada pemangku kepentingan yang dilakukan                   carried out both through face-to-face and virtual
     baik melalui tatap muka maupun pertemuan virtual.            meetings.
  2. Pemahaman atas pedoman perilaku diberikan                 2. Understanding of the behavioral guidelines is
     kepada calon pegawai dalam program orientasi                 provided to prospective employees in an orientation
     yang     telah    dimasukkan   dalam    rencana              program that has been included in the Company's
     pembelajaran (silabus) Perseroan.                            learning plan (syllabus).
  3. Memuat etika bisnis dan perilaku bisnis di Media          3. Contains business ethics and business behavior in
     Internal Kontak yang merupakan sarana sosialisasi            Internal Contact Media which is a means of
     dan komunikasi keluarga besar Perseroan.                     socialization and communication for the Company's
                                                                  extended family.
  4. Sosialisasi melalui media e-office, e-mail milis          4. Socialization through e-office media, e-mail
     broadcast, spanduk, media sosial, dan media                  broadcast mailing lists, banners, social media and
     massa.                                                       mass media.

UPAYA PENERAPAN DAN PENEGAKAN                                EFFORTS TO IMPLEMENT AND ENFORCE
PEDOMAN PERILAKU                                             THE CODE OF CONDUCT
Perseroan senantiasa berupaya menegakkan Pedoman             The Company always strives to enforce the Company's
Perilaku Perseroan melalui berbagai ketentuan, kegiatan,     Code of Conduct through various provisions, activities,
komitmen, serta pembentukan tim penegakkan                   commitments, as well as the formation of a Code of
Pedoman Perilaku. Untuk menunjukkan komitmen                 Conduct enforcement team. To demonstrate commitment
menerapkan Pedoman Perilaku, setiap insan KAI diwajibkan     to implementing the Code of Conduct, every KAI
membaca serta memahami dengan baik Pedoman                   employee is required to read and understand the Code
Perilaku dan menandatangani Pernyataan Kepatuhan             of Conduct properly and sign a Statement of Compliance
terhadap Pedoman Perilaku. Para mitra kerja/rekanan          with the Code of Conduct. The Company's work partners/
Perseroan juga diwajibkan menandatangani Pakta               associates are also required to sign an Integrity Pact,
Integritas, terutama bagi rekanan Perseroan yang             especially for Company partners who collaborate in the
bekerja sama dalam pengadaan barang dan/atau jasa.           procurement of goods and/or services. The Company
Perseroan memberikan kesempatan kepada setiap                provides every employee with the opportunity to submit
pekerja untuk menyampaikan laporan dugaan                    reports of alleged violations of the Code of Conduct
pelanggaran Pedoman Perilaku melalui manajemen atau          through management or through the Whistleblowing
melalui sarana Whistleblowing System.                        System.




                      Laporan Tahunan dan Keberlanjutan
496                                                                                  PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 497
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




JENIS SANKSI PELANGGARAN PEDOMAN                                 TYPES OF SANCTIONS FOR VIOLATIONS OF
PERILAKU                                                         THE CODE OF CONDUCT
Jenis Sanksi Pelanggaran Pedoman Perilaku Perincian              Types of Sanctions for Violating the Code of Conduct
jenis sanksi pelanggaran pedoman perilaku adalah                 Details of the types of sanctions for violating the code
sebagai berikut:                                                 of conduct are as follows:

    Pelanggaran Disiplin                                          Jenis Hukuman Disiplin
    Disciplinary Violation                                     Types of Disciplinary Sanctions

 Tingkat I / Level I            • Teguran tertulis yang berlaku selama 6 (enam) bulan. / Written warning valid for 6 (six)
                                  months.
                                • Pemotongan tunjangan kinerja sebesar 10% selama 6 (enam) bulan. / Performance allowance
                                  cut of 10% for 6 (six) month

 Tingkat II / Level II          • Pemotongan tunjangan kinerja sebesar 20% selama 6 (enam) bulan. / Performance allowance
                                  cut of 20% for 6 (six) months.
                                • Pemotongan tunjangan kinerja sebesar 30% selama 6 (enam) bulan. / Performance allowance
                                  cut of 30% for 6 (six) months.
                                • Pemotongan tunjangan kinerja sebesar 40% selama 6 (enam) bulan. / Performance allowance
                                  cut of 40% for 6 (six) months

 Tingkat III / Level III        • Pemotongan tunjangan kinerja sebesar 60% selama 6 (enam) bulan. / Performance allowance
                                  cut of 60% for 6 (six) months.
                                • Demosi / Demotion

 Tingkat Berat / Severe Level   • Pemutusan Hubungan Kerja (PHK) / Termination of Employment



KEBIJAKAN PEMBERIAN KOMPENSASI JANGKA PANJANG
BERBASIS KINERJA
PERFORMANCE BASED LONG TERM COMPENSATION POLICY
Sampai dengan 31 Desember 2023, Perseroan belum                  As of December 31st, 2023, the Company does not yet have
memiliki kebijakan terkait pemberian kompensasi jangka           a policy regarding providing long-term performance-
panjang berbasis kinerja. Selain itu, Perseroan tidak            based compensation. In addition, the Company does not
memiliki program kepemilikan saham oleh pegawai dan/             have a share ownership program for employees and/or
atau manajemen (ESOP/ MSOP) mengingat Perseroan                  management (ESOP/MSOP) considering that the Company
bukan merupakan Perusahaan Terbuka.                              is not a Public Company.


KEBIJAKAN PENGUNGKAPAN INFORMASI KEPEMILIKAN
SAHAM DEWAN KOMISARIS DAN DIREKSI SERTA
PELAKSANAANNYA
POLICY FOR DISCLOSURE OF INFORMATION ON SHARE OWNERSHIP OF THE BOARD
OF COMMISSIONERS AND DIRECTORS AND ITS IMPLEMENTATION
Mengingat Perseroan bukan Perusahaan Terbuka, tidak              Considering that the Company is not a Public Company,
terdapat pengungkapan informasi kepemilikan saham                there is no disclosure of information on share ownership
Dewan Komisaris dan Direksi, mencakup informasi setelah          of the Board of Commissioners and Directors, including
terjadinya  kepemilikan     atau  setiap   perubahan             information after ownership occurs or any changes in
kepemilikan atas saham perusahaan.                               ownership of company shares.


WHISTLEBLOWING SYSTEM
WHISTLEBLOWING SYSTEM
Demi melaksanakan nilai-nilai utama Perseroan secara             In order to consistently implement the Company's main
konsisten, di samping sebagai penjagaan dan                      values, in addition to maintaining and improving the
peningkatan kualitas pelaksanaan tata kelola perusahaan          quality of the implementation of good corporate
yang baik, Perseroan menetapkan Pedoman Penanganan               governance, the Company has established Complaint
Pengaduan (Whistleblowing System) dengan tujuan-                 Handling Guidelines (Whistleblowing System) with the
tujuan sebagai:                                                  following objectives:




                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                497
                                                                    Annual and Sustainability Report
Page 498
                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




  1. Membangun dan menerapkan WBS untuk                        1. Develop and implement a WBS to make it easier
     mempermudah Perseroan dalam menangani laporan-               for the Company to handle violation reports while
     laporan   pelanggaran     sekaligus    melindungi            protecting the confidentiality of the identity of the
     kerahasiaan identitas Pelapor serta tetap menjaga            Whistleblower and maintaining this information in
     informasi ini dalam arsip khusus yang dijamin                a special archive whose security is guaranteed.
     keamanannya.
  2. Tersedianya    mekanisme     deteksi    dini   atas       2. Availability of early detection mechanisms for
     kemungkinan terjadinya dampak buruk akibat                   possible negative impacts resulting from a violation.
     suatu pelanggaran.
  3. Memperkuat upaya preventif dan mendorong                  3. Strengthen preventive efforts and encourage
     pelaporan    terhadap     hal-hal    yang    dapat           reporting of things that can cause financial losses,
     menimbulkan kerugian finansial termasuk hal-hal              including things that can damage the Company's
     yang dapat merusak reputasi Perseroan dalam                  reputation in order to provide excellent service to
     rangka memberikan pelayanan prima kepada                     customers and safeguard and protect the
     pelanggan dan menjaga serta melindungi aset dan/             Company's assets and/or interests.
     atau kepentingan Perseroan.
  4. Meningkatkan      sistem     pengawasan       yang        4. Improving the supervision system that provides
     memberikan perlindungan kepada Pelapor dalam                 protection to Whistleblowers in the context of
     rangka pencegahan dan penyelesaian pelanggaran               preventing and resolving violations in the Company's
     di lingkungan internal Perseroan.                            internal environment.
  5. Timbulnya     keengganan      untuk     melakukan         5. The emergence of reluctance to commit violations
     pelanggaran sebagai dampak dari pengawasan oleh              as a result of supervision by all parties.
     semua pihak.
  6. Meningkatkan reputasi Perseroan.                          6. Improve the Company's reputation.

Penerapan Whistleblowing System di lingkungan                The implementation of the Whistleblowing System within
Perseroan diatur dalam Peraturan Direksi Nomor PER.U/        the Company is regulated in the Board of Directors
KL.104/I/1/KA-2024 tentang Pedoman Penanganan                Regulation Number PER.U/KL.104/I/1/KA-2024 concerning
Pengaduan (Whistleblowing System). Guna mendukung            the Guidelines for Handling Complaints (Whistleblowing
upaya Pemerintah dalam melakukan pemberantasan               System). In order to support the Government's efforts in
tindak pidana korupsi, Perseroan dan Komisi                  eradicating corruption, the Company and the Corruption
Pemberantasan Korupsi (KPK) telah menandatangani             Eradication Commission (KPK) have signed a Cooperation
Perjanjian Kerja Sama (PKS) Nomor 70 Tahun 2021 dan          Agreement (PKS) Number 70 of 2021 and KL.705/III/2/KA-
KL.705/III/2/KA-2021 tanggal 2 Maret 2023 perihal            2021 dated March 2 nd, 2023 concerning Handling
Penanganan Pengaduan Dalam Upaya Pemberantasan               Complaints in Efforts to Eradicating Corruption together
Tindak Pidana Korupsi bersama dengan Kementerian             with the Ministry of State-Owned Enterprises (SOE) and
Badan Usaha Milik Negara (BUMN) serta 26 BUMN lainnya.       26 other SOEs. The scope of the PKS includes the
Lingkup PKS tersebut meliputi penyusunan dan/atau            preparation and/or strengthening of the Company's
penguatan aturan internal Perseroan terkait penanganan       internal regulations regarding complaint handling,
pengaduan, komitmen pengelolaan penanganan                   commitment to complaint handling management,
pengaduan, penanganan pengaduan melalui aplikasi,            complaint handling through applications, coordination
koordinasi dan kegiatan bersama penanganan                   and joint activities for complaint handling and data and/or
pengaduan serta pertukaran data dan/atau informasi.          information exchange. In 2023, the Company has
Pada tahun 2023 Perseroan telah melaksanakan program         implemented the Integrated TPK WBS development
pembangunan WBS TPK Terintegrasi dan selanjutnya             program and then carried out monitoring and evaluation
melakukan      kegiatan   monitoring    dan     evaluasi     activities for the Integrated TPK Whistleblowing System
Whistleblowing     System    TPK   Terintegrasi    yang      which was held together with the Corruption Eradication
diselenggarakan bersama Komisi Pemberantasan Korupsi         Commission (KPK).
(KPK).

JENIS PELANGGARAN YANG DAPAT                                 TYPES OF REPORTABLE VIOLATIONS
DILAPORKAN
Insan    Perseroan    dan/atau   masyarakat   dapat          Company Personnel and/or the public can submit
menyampaikan pengaduan atas tindakan yang dilakukan          complaints regarding actions taken by Company
oleh Insan Perseroan yang berkaitan dengan dugaan:           Personnel related to allegations of:

  1. Tindak pidana Korupsi, yang meliputi kerugian             1. Corruption crimes, which include financial losses
     keuangan Perseroan, pemberian suap, penerimaan               to the Company, giving bribes, accepting bribes,
     suap, penggelapan dalam jabatan, pemerasan,                  embezzlement in office, extortion, fraudulent acts,
     perbuatan curang, benturan kepentingan dan/atau              conflicts of interest and/or gratification.
     gratifikasi.




                      Laporan Tahunan dan Keberlanjutan
498                                                                                   PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 499
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  2. Tindak pidana lain yang berkaitan dengan tindak             2. Other criminal acts related to criminal acts of
     pidana korupsi, yang meliputi merintangi proses                corruption, which includes obstructing the process
     pemeriksaan perkara korupsi, tidak memberikan                  of examining corruption cases, not providing
     keterangan mengenai kekayaan, tidak memberikan                 information regarding assets, not providing
     keterangan atau memberi keterangan palsu,                      information or providing false information, holding
     memegang rahasia jabatan tidak memberikan                      official secrets, not providing information or
     keterangan atau memberi keterangan palsu, dan/                 providing false information, and/or as a witness
     atau sebagai saksi membuka identitas pelapor.                  revealing the identity of the reporter.
  3. Pelanggaran     pedoman       perilaku dan/atau             3. Violation of the Company's code of conduct and/or
     pelanggaran pedoman perilaku Perusahaan.                       violation of the Company's code of conduct.
  4. Pelanggaran disiplin Pekerja.                               4. Violation of employee discipline.
  5. Tindak diskriminasi.                                        5. Discrimination.
  6. Tindak kekerasan.                                           6. Violence.
  7. Tindak pelecehan.                                           7. Abuse.

PENYAMPAIAN DAN PENANGANAN                                    SUBMISSION AND HANDLING OF
PENGADUAN                                                     COMPLAINTS
Pengaduan disampaikan kepada Unit pengelola WBS               Complaints are submitted to the WBS Management Unit
melalui:                                                      through:
  1. Lisan, yaitu melalui tatap muka atau menghubungi            1. Verbally, namely through face-to-face or contacting
     Unit pengelola WBS melalui nomor telepon                       the WBS Management Unit via telephone number
     081214455300.                                                  081214455300.
  2. Surat kepada Unit pengelola WBS, Kantor Pusat PT            2. Letter to the WBS Management Unit, Head Office
     Kereta Api Indonesia (Persero), Jalan Perintis                 of PT Kereta Api Indonesia (Persero), Jalan Perintis
     Kemerdekaan Nomor 1 Bandung.                                   Kemerdekaan Number 1 Bandung.
  3. Surat elektronik dengan alamat kai-bersih@kai.id.           3. Electronic mail with the address kai-bersih@kai.id.
  4. Aplikasi WBS.                                               4. WBS application.
  5. Aplikasi pesan WhatsApp dengan nomor telepon                5. WhatsApp messaging application with telephone
     081214455300                                                   number 081214455300

Mekanisme      penyampaian         pengaduan     beserta      The mechanism for submitting complaints and handling
penanganannya yang dilakukan Penyelenggara WBS                them carried out by the WBS Organizer is as follows:
adalah sebagai berikut:
  1. Pelapor menyampaikan pengaduan melalui media                1. The reporter submits a complaint through the
     Whistleblowing System yaitu secara lisan, melalui              Whistleblowing System, namely verbally, by letter,
     surat, dan/ atau surat elektronik dengan alamat kai-           and/or electronic mail with the address kai-
     bersih@kai. id.                                                Bersih@kai. id.
  2. Dalam hal pengaduan dilakukan secara lisan, Pelapor         2. In the event that the complaint is made verbally,
     datang menghadap sendiri kepada Unit Pengelola                 the Complainant comes to the WBS Management
     WBS atau menghubungi melalui telepon.                          Unit in person or contacts by telephone.
  3. Pengaduan melalui surat, surat elektronik, aplikasi         3. The complaint submitted through letter, e-mail,
     WBS, atau aplikasi pesan WhatsApp yang                         WBS Application, or WhatsApp must contain at least:
     disampaikan memuat:
      a. Identitas jelas Pelapor.                                     a. Clear identity of the Complainant.
      b. Identitas jelas Terlapor.                                    b. Clear identity of the Reported Party.
      c. Perbuatan yang diduga dilanggar harus                        c. The act allegedly violated must be accompanied
         dilengkapi dengan waktu dan tempat kejadian,                    by the time and place of the incident, the reason
         alasan penyampaian pengaduan, bagaimana                         for submitting the complaint, and how the
         pelanggaran itu terjadi.                                        violation occurred.
      d. Menyertakan bukti atau keterangan yang dapat                 d. Include evidence or information that can
         mendukung pengaduan yang disampaikan.                           support the complaint submitted.
      e. Menyertakan nama, alamat, dan nomor kontak                   e. Include the name, address and contact
         pihak lain yang dapat dimintai keterangan lebih                 number of other parties who can be asked for
         lanjut untuk memperkuat pengaduan Pelapor.                      further information to strengthen the
                                                                         Complainant's complaint.
  4. Dalam     hal  Pelapor    tidak mencantumkan                4. In the event that the Reporting Party does not
     identitasnya secara lengkap namun materi laporan               include its complete identity but the report
     logis dan memadai maka laporan pelanggaran                     material is logical and adequate, the violation report
     dapat ditindaklanjuti.                                         can be followed up.




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             499
                                                                 Annual and Sustainability Report
Page 500
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




  5. Unit Pengelola WBS yang terdiri atas Petugas              5. The WBS Management Unit consisting of
      Administrasi, Petugas Verifikasi, dan Penelaah              Administrative Officers, Verification Officers and
      melakukan administrasi, verifikasi dan telaah terhadap      Reviewers carries out administration, verification
      pengaduan yang disampaikan.                                 and review of complaints submitted.
  6. Laporan hasil telaah beserta dokumen terkait              6. The review report along with documents related to
      penanganan pengaduan disampaikan kepada                     complaint handling are submitted to the Person in
      Penanggung Jawab (Direktur Utama) oleh Penelaah             Charge (President Director) by the WBS Reviewer.
      WBS.
  7. Dalam hal terlapor merupakan anggota Dewan                7. In the event that the reported party is a member
      Komisaris atau anggota Direksi maka penelaah WBS             of the Board of Commissioners or a member of the
      selaku Unit Pengelola WBS wajib meneruskan                   Board of Directors, the WBS reviewer as the WBS
      pengaduan tersebut kepada pengelola sistem                   Management Unit is obliged to forward the complaint
      penanganan pengaduan dugaan pelanggaran                      to the manager of the whistleblowing system of
      (whistleblowing system) Kementerian BUMN.                    the Ministry of SOEs.
  8. Dalam hal Terlapor merupakan organ Dewan                  8. In the event that the reported party is an organ of
      Komisaris maka penelaah WBS menyampaikan                     the Board of Commissioners, the WBS reviewer
      laporan hasil telaah pengaduan kepada Dewan                  submits a report on the results of the complaint
      Komisaris melalui penanggung jawab WBS (Direktur             review to the Board of Commissioners through the
      Utama).                                                      person in charge of WBS (President Director).
  9. Berdasarkan laporan hasil telaah bagi terlapor            9. Based on the report on the results of the review for
      Pekerja yang berindikasi tindak pidana Korupsi               the reported party, the Worker who is suspected of
      penanggung jawab WBS meminta Executive Vice                  committing a criminal act of Corruption, the person
      President of Internal Audit untuk melakukan audit            in charge of WBS asks the Executive Vice President
      investigatif.                                                of Internal Audit to conduct an investigative audit.
  10. Dalam hal berdasarkan hasil audit investigatif           10. In the event that based on the results of the
      disimpulkan terdapat dugaan penyimpangan dan/                investigative audit, it is concluded that there are
      atau pelanggaran yang dilakukan oleh pekerja,                alleged irregularities and/or violations committed
      penanggung jawab WBS selanjutnya meneruskan                  by the worker, the person in charge of WBS then
      hasil audit investigatif kepada pejabat yang                 forwards the results of the investigative audit to
      berwenang menjatuhkan hukuman disiplin Pekerja.              the official who has the authority to impose
                                                                   disciplinary sanctions on the Worker.
  11. Dalam hal Terlapor merupakan Executive Vice              11. In the case where the Reported Party is the
      President of Internal Audit, penanggung jawab                Executive Vice President of Internal Audit, the person
      WBS meneruskan laporan hasil telaah kepada Dewan             in charge of WBS forwards the review report to the
      Komisaris melalui komite audit.                              Board of Commissioners through the audit
                                                                   committee.
  12. Terhadap laporan hasil telaah bagi terlapor Pekerja      12. For the report of the results of the review for the
      yang bukan berindikasi tindak pidana Korupsi                 reported Worker who does not indicate a criminal
      penanggung jawab WBS selanjutnya meneruskan                  act of Corruption, the person in charge of the WBS
      laporan hasil telaah kepada pejabat yang                     then forwards the report of the results of the review
      berwenang menjatuhkan hukuman disiplin Pekerja               to the official who has the authority to impose
      atau Direktorat terkait.                                     disciplinary sanctions on the Worker or the relevant
                                                                   Directorate.
  13. Pejabat yang berwenang menjatuhkan hukuman               13. The official who has the authority to impose
      disiplin Pekerja melakukan pemeriksaan dugaan                disciplinary sanctions on the Worker conducts an
      pelanggaran disiplin berdasarkan laporan hasil audit         examination of the alleged disciplinary violation
      investigatif atau laporan hasil telaah.                      based on the investigative audit report or the review
                                                                   report.
  14. Dalam hal berdasarkan hasil pemeriksaan                  14. If based on the results of the disciplinary violation
      pelanggaran disiplin, perbuatan Terlapor diduga              examination, the Reported Party's actions are
      merupakan tindak pidana maka pejabat yang                    suspected of being a criminal act, the official who
      berwenang menjatuhkan hukuman disiplin Pekerja               has the authority to impose disciplinary sanctions
      atau kuasanya melaporkan kepada APH.                         on the Worker or his/her attorney reports to the APH.
  15. Unit Pengelola WBS memberitahukan penutupan              15. The WBS Management Unit notifies the Reporter
      Pengaduan kepada Pelapor.                                    of the closure of the Complaint.
  16. Tindak lanjut hasil telaah untuk Pengaduan dengan        16. Follow-up to the results of the review for Complaints
      Terlapor anggota Dewan Komisaris dan/atau                    with the Reported Party being a member of the
      anggota Direksi ditentukan oleh pengelola sistem             Board of Commissioners and/or a member of the
      penanganan pengaduan dugaan pelanggaran                      Board of Directors is determined by the manager
      (whistleblowing system) Kementerian BUMN sesuai.             of the whistleblowing system for handling
                                                                   complaints of alleged violations (whistleblowing
                                                                   system) of the Ministry of SOEs as appropriate.




                       Laporan Tahunan dan Keberlanjutan
500                                                                                   PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 501
                                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  17. Tindak lanjut hasil telaah untuk Pengaduan dengan                             17. Follow-up of the review results for Complaints with
      Terlapor organ Dewan Komisaris dan/atau Executive                                 the Reported Party being the Board of
      Vice President of Internal Audit, ditentukan oleh                                 Commissioners and/or the Executive Vice President
      Dewan Komisaris sesuai ketentuan peraturan                                        of Internal Audit, determined by the Board of
      perundang-undangan.                                                               Commissioners in accordance with the provisions
                                                                                        of laws and regulations.
  18. Tindak lanjut hasil telaah untuk Pengaduan dengan                             18. Follow-up of the review results for Complaints with
      Terlapor   anggota       Dewan    Komisaris  Anak                                 the Reported Party being a member of the Board
      Perusahaan Perseroan dan/atau anggota direksi                                     of Commissioners of the Company's Subsidiary
      Anak Perusahaan, ditentukan oleh penanggung                                       and/or a member of the Board of Directors of the
      jawab WBS.                                                                        Subsidiary, determined by the person in charge of
                                                                                        the WBS.

Penanganan pengaduan WBS dijelaskan melalui alur                                 The handling of WBS complaints is explained through
bagan sebagai berikut:                                                           the following flowchart:




                                                                        Unit Pengelola                                       Penanggung
      Pelapor                                                                WBS                                                Jawab
     Informant                                                           Management                                           Person in
                                                                         Unit of WBS                                           Charge




                                   Dugaan Pelanggaran                                                Laporan Telaah
                                     Alleged Violation                                                Review Report



                                                                                                           Perintah Investigasi
                                                                                                           Investigation Order




                                                         Perintah                                  Laporan Investigasi
                                                       Pemeriksaan                Penanggung       Investigation Report
          Pejabat Humdis                             Inspection Order                Jawab                                   Kepala SPI
            Disciplinary                                                           Person in                                 Head of SPI
         Punishment Officer                                                         Charge




   Surat Pemberian        Surat Panoruska
         Humdis                  APH
  Letter of Disciplinary Letter of Succession
      Punishment                to APH




                                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                            501
                                                                                    Annual and Sustainability Report
Page 502
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




PERLINDUNGAN BAGI WHISTLEBLOWER                               PROTECTION FOR WHISTLEBLOWERS
Melalui penerapan Whistleblowing System, Perseroan            Through the implementation of the Whistleblowing
menjamin pemberian hak bagi pihak pelapor dengan              System, the Company guarantees the granting of rights
uraian berikut:                                               to reporting parties with the following description:
   1. Memantau perkembangan laporan pelanggaran;                 1. Monitor the progress of violation reports;
   2. Dirahasiakan dan/atau disamarkan identitasnya,             2. The identity is kept confidential and/or disguised,
      dengan cara:                                                  by:
       a. Membuat nama samaran yang hanya diketahui                  a. Create a pseudonym known only to the
          oleh Pelapor.                                                 Reporting Party.
       b. Menggunakan nama/identitas yang unik dan                   b. Use a name/identity that is unique and does
          tidak menggambarkan identitas Pelapor.                        not describe the identity of the Reporting Party.
       c. Tidak memberitahukan data-data pribadi,                    c. Do not disclose personal data, such as the name
          seperti nama Pelapor, atau hubungan Pelapor                   of the Reporting Party, or the relationship
          dengan Terlapor.                                              between the Reporting Party and the Reported
                                                                        Party.
       d. Tidak memberitahukan data-data/informasi                   d. Do not provide data/information that makes it
          yang memungkinkan bagi orang lain untuk                       possible for other people to carry out tracking.
          melakukan pelacakan.
  3. Mendapat keringanan dalam hal turut terlibat dalam         3. Obtain relief in case of being involved in the reported
     perkara yang dilaporkan.                                      matter.
  4. Menghadirkan saksi yang mengetahui atau memiliki           4. Present witnesses who know or have information
     informasi tentang terjadinya pelanggaran dan/atau             about the violation and/or
  5. Diberikan bimbingan konseling dan/atau                     5. Provided counseling guidance and/or
  6. Mendapat perlindungan sesuai peraturan perundang-          6. Receive protection in accordance with laws and
     undangan.                                                     regulations.

Akan tetapi, perlindungan dapat ditolak atau dihentikan       However, protection can be rejected or terminated if the
dalam hal Pelapor tidak melakukan kewajibannya dalam          Reporter does not fulfill his/her obligations in maintaining
menjaga kerahasiaan identitas diri dan laporannya dan/atau    the confidentiality of his/her identity and report and/or
terbukti laporan pelanggaran yang disampaikan fitnah          it is proven that the report of violation submitted is
atau mempunyai tujuan yang menyimpang dari tujuan             slanderous or has a purpose that deviates from the
penyelenggaraan WBS.                                          purpose of organizing the WBS.

PENGELOLA LAPORAN PELANGGARAN                                 VIOLATION REPORT MANAGER
Penanganan WBS dilakukan oleh penyelenggara WBS               WBS handling is carried out by the WBS organizers,
yang terdiri dari:                                            consisting of:
  1. Direktur Utama sebagai penanggung jawab WBS.               1. President Director as the person in charge of WBS.
  2. Unit Pengelola WBS.                                        2. WBS Management Unit.
  3. Executive Vice President of Internal Audit sebagai         3. Executive Vice President of Internal Audit as the
     penanggung jawab tim investigatif WB.                         person in charge of the WBS investigative team.
  4. Pejabat yang berwenang menjatuhkan hukuman                 4. Officials authorized to impose disciplinary sanctions.
     disiplin.
Penanggung jawab WBS mempunyai tugas dan                      The person in charge of WBS has the duties and authority
wewenang untuk:                                               to:
  1. Menugaskan Executive Vice President of Internal              1. Assign the Executive Vice President of Internal Audit
     Audit untuk melaksanakan audit/pemeriksaan                      to carry out an audit/investigative examination of
     investigatif terhadap laporan hasil telaah yang                 the review report that indicates a violation.
     terindikasi terjadinya pelanggaran.
  2. Memerintahkan        pejabat   yang    berwenang           2. Order the official authorized to impose disciplinary
     menjatuhkan hukuman disiplin untuk melaksanakan               sanctions to carry out a disciplinary penalty
     pemeriksaan hukuman disiplin berdasarkan hasil                examination based on the results of the audit/
     audit/pemeriksaan investigatif.                               investigative examination.
  3. Menyampaikan laporan hasil telaah kepada                   3. Submit a report on the results of the review to the
     pemegang saham Perusahaan dalam hal Terlapor                  Company's shareholders in the case where the
     adalah Dewan Komisaris.                                       Reported Party is the Board of Commissioners.
  4. Melakukan evaluasi dan memastikan terlaksananya            4. Conduct evaluations and ensure the implementation
     kebijakan WBS di Perusahaan sebagai bentuk                    of the WBS policy in the Company as a form of
     fungsi pencegahan pelanggaran di lingkungan                   violation prevention function in the Company's
     internal Perusahaan.                                          internal environment.




                       Laporan Tahunan dan Keberlanjutan
502                                                                                    PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 503
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  5. Menetapkan pemberian penghargaan kepada                    5. Determine the awarding of awards to Reporters who
     Pelapor yang berjasa dalam berupaya membantu                  have made a contribution in helping to prevent or
     pencegahan atau pemberantasan tindak pidana                   eradicate criminal acts of Corruption.
     Korupsi.
  6. Menyampaikan laporan pelaksanaan penanganan              6. Submit a report on the implementation of handling
     Pengaduan dugaan pelanggaran kepada pimpinan                Complaints of alleged violations to the senior
     tinggi madya yang menyelenggarakan fungsi                   management who carries out the function of handling
     penanganan pengaduan di Kementerian BUMN                    complaints at the Ministry of SOEs periodically every
     secara periodik setiap semester, paling lambat 1            semester, no later than 1 (one) month after the
     (satu) bulan setelah periodik tersebut berakhir.            period ends.
Unit Pengelola WBS, meliputi:                                WBS Management Unit, including:
  1. Executive Vice President of Corporate Secretary          1. Executive Vice President of Corporate Secretary as
     sebagai penelaah WBS, memiliki tugas dan                    WBS reviewer, has the following duties and authorities:
     wewenang:
       a. Melakukan telaah berdasarkan hasil verifikasi.             a. Conducting a review based on the verification
                                                                        results.
      b. Menyampaikan laporan hasil telaah Pengaduan                 b. Submitting a report on the results of the
         kepada penanggung jawab WBS yang dilampiri                     Complaint review to the person in charge of
         dengan seluruh dokumen terkait baik                            WBS, attached with all related documents, both
         Pengaduan yang dapat maupun tidak dapat                        Complaints that can and cannot be followed
         ditindaklanjuti;                                               up;
      c. Memberikan perpanjangan waktu pengumpulan                   c. Providing an extension of time for collecting
         bahan dan keterangan kepada petugas verifikasi                 materials and information to the WBS verification
         WBS; dan                                                       officer; and
      d. Menentukan Pengaduan dapat ditindaklanjuti                  d. Determining whether the Complaint can be
         atau tidak berdasarkan hasil telaah.                           followed up or not based on the review results.
  2. Vice President of Quality Assurance and Good               2. Vice President of Quality Assurance and Good
     Corporate Governance dan pejabat setingkat                    Corporate Governance and officials at the manager
     manager di Unit Quality Assurance and Good                    level in the Quality Assurance and Good Corporate
     Corporate Governance sebagai petugas verifikasi               Governance Unit as WBS verification officers, have
     WBS, memiliki tugas dan wewenang:                             the following duties and authorities:
      a. Melakukan     verifikasi Pengaduan      yaitu               a. Conducting Complaint verification, namely
         mengumpulkan bahan dan keterangan melalui                      collecting materials and information through
         permintaan keterangan kepada Pelapor dan                       requests for information from the Reporter and
         pihak terkait serta melakukan pengumpulan                      related parties and collecting documents
         dokumen terkait Pengaduan.                                     related to the Complaint.
      b. Menentukan status kelengkapan dokumen                       b. Determining the completeness status of the
         Pengaduan yang diterima dari Pelapor telah                     Complaint documents received from the
         dianggap lengkap atau belum lengkap.                           Reporter has been considered complete or
                                                                        incomplete.
       c. Mengajukan perpanjangan waktu pengumpulan                  c. Submitting an extension of the time for
          bahan dan keterangan kepada penelaah WBS.                     collecting materials and information to the WBS
                                                                        reviewer.
      d. Menentukan Pengaduan yang telah diverifikasi                d. Determining whether or not the verified
         dapat atau tidak untuk ditindaklanjuti dan                     Complaint can be followed up and forwarded
         diteruskan kepada penelaah WBS.                                to the WBS reviewer.
      e. Menyusun laporan hasil verifikasi dan                       e. Compiling a verification report and submitting
         menyampaikannya kepada penelaah WBS.                           it to the WBS reviewer.
      f. Memberitahukan Pengaduan yang tidak dapat                   f. Notifying Complaints that cannot be followed
         ditindaklanjuti beserta alasannya kepada                       up along with the reasons to the Reporter
         Pelapor melalui petugas administrasi WBS.                      through the WBS administration officer.
  3. Manager of Good Corporate Governance and                   3. Manager of Good Corporate Governance and
     Whistleblowing System atau pejabat yang ditunjuk              Whistleblowing System or an official appointed and
     dan ditetapkan oleh Vice President of Quality                 determined by the Vice President of Quality
     Assurance and Good Corporate Governance sebagai               Assurance and Good Corporate Governance as the
     petugas administrasi WBS, memiliki tugas dan                  WBS administration officer, has the following duties
     wewenang:                                                     and authorities:
      a. Menerima       dan     mengadministrasikan                  a. Receive and administer Complaints.
         Pengaduan.
      b. Menyampaikan nomor register Pengaduan                      b. Submit the Complaint registration number to
         kepada Pelapor.                                               the Reporter.




                                                            Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                            503
                                                                Annual and Sustainability Report
Page 504
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




      c. Meneruskan setiap Pengaduan yang diterima                  c. Forwarding every Complaint received to the
         kepada petugas verifikasi WBS.                                WBS verification officer.
      d. Meneruskan permintaan kelengkapan dokumen                  d. Forwarding requests for completeness of
         Pengaduan dari petugas verifikasi WBS kepada                  Complaint documents from the WBS verification
         Pelapor.                                                      officer to the Reporter.
      e. Meneruskan informasi dari petugas verifikasi               e. Forwarding information from the WBS
         WBS dan/atau penelaah WBS kepada Pelapor                      verification officer and/or WBS reviewer to the
         terkait pemberitahuan Pengaduan yang tidak                    Reporter regarding Complaint notifications that
         dapat ditindaklanjuti.                                        cannot be followed up.
      f. Membantu proses surat-menyurat, komunikasi,                f. Assisting with the process of correspondence,
         serta penyusunan laporan di setiap tahapan                    communication, and preparation of reports at
         penanganan Pengaduan.                                         every stage of Complaint handling.
      g. Mengelola media Pengaduan termasuk alat                    g. Managing Complaint media including the
         komunikasi yang digunakan.                                    communication tools used.
  4. Penanggung       jawab   tim    investigatif  WBS,         4. The person in charge of the WBS investigative team,
     mempunyai tugas dan wewenang;                                 has the duties and authorities;
      a. Melakukan audit/pemeriksaan investigatif lebih             a. Conduct       further    investigative   audits/
         lanjut kepada Pelapor, Terlapor, dan/atau Saksi               examinations on the Reporter, Reported Party,
         terhadap      substansi  pelanggaran      yang                and/or Witnesses on the substance of the
         dilaporkan dengan tujuan untuk mencari dan                    reported violation with the aim of seeking and
         mengumpulkan bukti-bukti yang diperlukan                      collecting the necessary evidence in more detail
         secara lebih detail guna memastikan bahwa                     to ensure that a violation has occurred.
         telah terjadi pelanggaran.
      b. Menyampaikan laporan hasil audit/pemeriksaan               b. Submit a report on the results of the
         investigatif kepada penanggung jawab WBS.                     investigative audit/examination to the person
                                                                       in charge of the WBS.
  5. Pejabat yang berwenang menjatuhkan hukuman                 5. The official authorized to impose disciplinary
     disiplin memiliki tugas dan wewenang:                         sanctions has the following duties and authorities:
      a. Melaksanakan pemeriksaan hukuman disiplin                  a. Carry out disciplinary sanctions examinations
         berdasarkan hasil audit/pemeriksaan investigatif              based on the results of the investigative audit/
         atas perintah penanggung jawab WBS.                           examination on the orders of the person in
                                                                       charge of the WBS.
      b. Menetapkan     hukuman       disiplin    Pekerja           b. Determine disciplinary sanctions for Workers
         berdasarkan laporan hasil audit/pemeriksaan                   based on the results of the investigative audit/
         investigatif.                                                 examination.
      c. Menetapkan pemberian sanksi kepada Pelapor                 c. Determine the imposition of sanctions on
         yang laporannya terbukti palsu, fitnah, dan/atau              Reporters whose reports are proven to be false,
         mempunyai tujuan lain yang menyimpang dari                    slanderous, and/or have other purposes that
         maksud dan tujuan penyelenggaraan WBS sesuai                  deviate from the intent and purpose of
         ketentuan di Perusahaan dan/atau diproses                     implementing WBS in accordance with the
         sesuai ketentuan peraturan perundang-                         provisions of the Company and/or are processed
         undangan.                                                     in accordance with the provisions of laws and
                                                                       regulations.

SOSIALISASI WHISTLEBLOWING SYSTEM                             WHISTLEBLOWING SYSTEM SOCIALIZATION
Perseroan akan terus berupaya untuk meningkatkan              The Company will continue to strive to increase employee
pemahaman dan kepedulian pegawai untuk melaporkan             understanding and awareness of reporting violations
tindak pelanggaran melalui WBS sehingga dapat                 through the WBS so that it can create a clean work
mewujudkan lingkungan kerja yang bersih dan                   environment with integrity. In this regard, the following
berintegritas. Terkait dengan hal itu, telah dilakukan        optimization steps have been taken:
langkah-langkah optimalisasi sebagai berikut:
   1. Menyampaikan materi Whistleblowing System                 1. Deliver Whistleblowing System material through
      melalui Induction program kepada calon pegawai               in-class training to prospective officers and officers.
      dan pegawai.
   2. Melakukan sosialisasi Whistleblowing System kepada        2. Disseminate the Whistleblowing System to all
      seluruh pegawai dan kepada mitra kerja di                    employees and work partners within the Company.
      Lingkungan Perseroan.
   3. Memasang poster dan banner Whistleblowing                 3. Installing Whistleblowing System posters and
      System di Daop, Divre, Balai Yasa, Kantor Pusat, dan         banners in Daop, Divre, Balai Yasa, Head Office, and
      di seluruh lingkungan Perseroan.                             throughout the Company.




                       Laporan Tahunan dan Keberlanjutan
504                                                                                    PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 505
                                          Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   4. Bekerjasama dengan instansi atau lembaga                                      4. Cooperating with external agencies or institutions
      eksternal melalui benchmark atau berkolaborasi                                   through     benchmarks       or    collaborating   in
      dalam melakukan sosialisasi melalui kegiatan                                     conducting socialization through activities with the
      bertajuk antikorupsi.                                                            theme of anti-corruption.
   5. Sosialisasi ke pihak eksternal atau stakeholders                              5. Socialization to external parties or stakeholders via
      melalui media sosial, website, saat proses                                       social media, websites, during the procurement
      pengadaan barang dan jasa, proses perjanjian                                     process for goods and services, contract agreement
      kontrak dan media massa.                                                         processes and mass media.
   6. Implementasi Aplikasi WBS berbasis web yang                                   6. Implementation of a web-based WBS application
      digunakan sebagai media pelaporan serta                                          that is used as a reporting medium and for handling
      penanganan dugaan penyimpangan/pelanggaran                                       alleged irregularities/violations for the Company.
      bagi Perseroan.

JUMLAH PENGADUAN DAN PROSES                                                     NUMBER OF COMPLAINTS AND COMPLAINT
PENGADUAN                                                                       PROCESS
Jumlah pengaduan dan proses pengaduan WBS untuk                                 The number of complaints and the WBS complaint
tahun 2023 dapat dilihat di dalam tabel berikut:                                process for 2023 can be seen in the following table:

                                      Media                                                               Status
           Jumlah
           Laporan
                                                                            Diluar kewenangan penanganan
 Tahun /    WBS /                                               Tidak                                                                             Penetapan
                                                 Telepon/                  dan diteruskan untuk diproses Unit      Proses        Ditutup dengan
  Year      Total                                             Terbukti/                                                                           Keputusan
                             Surat     Lisan    Whatsapp                                 Terkait                 Investigasi      Rekomendasi
             WBS     Email                                   Bukan WBS                                                                              Sanksi
                             Letter    Verbal   Telephone/                   Outside the handling authority     Investigation      Closes with
           Reports                                           Not Proven/                                                                           Sanction
                                                Whatsapp                    and forwarded for processing by        Process      Recommendations
                                                              Non-WBS                                                                              Imposed
                                                                                    the Related Unit


  2023       17       7        4         -          6            11                        3                          -                -             3


Selama tahun 2023, unit pengelola WBS menerima 17                               During 2023, the WBS management unit received 17
laporan dugaan pelanggaran yang disampaikan melalui                             reports of alleged violations submitted through WBS
media WBS yaitu email, surat dan nomor telepon/chat                             media, namely email, letters and telephone numbers/
aplikasi WhatsApp. Dari laporan tersebut, sebanyak 3 item                       WhatsApp chat applications. From these reports, 3
pengaduan terbukti, 3 item pengaduan diluar                                     complaint items were proven, 3 complaint items were
kewenangan Unit Pengelola WBS sehingga diteruskan                               outside the authority of the WBS Management Unit so
untuk diproses oleh Unit//Divisi yang terkait/berwenang,                        they were forwarded to be processed by the relevant/
dan 11 item pengaduan yang tidak terbukti atau bukan                            authorized Unit/Division, and 11 complaint items were
termasuk kategori pelanggaran WBS. Terhadap 3 item                              not proven or were not included in the WBS violation
kasus pengaduan yang terbukti, petugas yang                                     category. For the 3 complaint cases that were proven,
berwenang menjatuhkan hukuman disiplin telah                                    the officer who is authorized to impose disciplinary
melaporkan kepada Direktur Utama untuk diproses tindak                          sanctions has reported to the President Director for
lanjut sesuai dengan peraturan yang berlaku. Insan                              further processing in accordance with applicable
Perusahaan yang terbukti melakukan pelanggaran akan                             regulations. Company personnel who are proven to have
dikenakan sanksi sesuai dengan ketentuan di Perusahaan.                         committed violations will be subject to sanctions in
[GRI 2-16]                                                                      accordance with the provisions in the Company. [GRI 2-16]

Whistleblowing System TPK Terintegrasi                                          Integrated TPK Whistleblowing System
Untuk mendukung upaya Pemerintah dalam melakukan                                To support the Government's efforts to eradicate criminal
pemberantasan tindak pidana korupsi, Perseroan dan                              acts of corruption, the Company and the Corruption
Komisi    Pemberantasan      Korupsi    (KPK)    telah                          Eradication Commission (KPK) have signed a Cooperation
menandatangani Perjanjian Kerja Sama (PKS) Penanganan                           Agreement (PKS) for Handling Complaints in Efforts to
Pengaduan Dalam Upaya Pemberantasan Tindak Pidana                               Eradicate Corruption Crimes together with the Ministry
Korupsi bersama dengan Kementerian Badan Usaha Milik                            of State-Owned Enterprises (SOE) and 26 other SOEs.
Negara (BUMN) serta 26 BUMN lainnya.

Kerja sama ini mencakup integrasi penanganan                                    This collaboration includes integration of complaint
pengaduan melalui Whistleblowing System antara KPK                              handling through the Whistleblowing System between
dan KAI, yang bertujuan untuk membangun dan                                     the KPK and KAI, which aims to build and improve
meningkatkan efektivitas, efisiensi, serta menghindari                          effectiveness, efficiency, and avoid duplication in
adanya duplikasi pada penanganan pengaduan. Sinergi                             complaint handling. This synergy with the Corruption
dengan KPK ini merupakan langkah KAI dalam                                      Eradication Commission is KAI's step in combating corrupt
memerangi praktik-praktik tindak pidana korupsi, yang                           criminal practices, which are at risk of occurring in the
berisiko terjadi di Perseroan. Hal ini juga menunjukkan                         Company. This also shows KAI's commitment as a public
komitmen KAI sebagai perusahaan publik yang                                     company that always prioritizes good corporate
senantiasa mengedepankan tata kelola perusahaan yang                            governance. In addition, this integration will facilitate




                                                                               Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                             505
                                                                                   Annual and Sustainability Report
Page 506
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




baik (Good Corporate Governance). Di samping itu,             coordination and monitoring of complaint handling
integrasi ini akan memudahkan koordinasi dan                  between KAI and KPK.
monitoring penanganan pengaduan antara KAI dan KPK.

Adapun, lingkup penerapan PKS tersebut mencakup               Meanwhile, the scope of implementing the PKS includes
penyusunan dan/atau penguatan aturan internal                 the preparation and/or strengthening of the Company's
Perseroan terkait penanganan pengaduan, komitmen              internal regulations regarding complaint handling,
pengelolaan penanganan pengaduan, penanganan                  commitment to managing complaint handling, handling
pengaduan melalui aplikasi, koordinasi, dan kegiatan          complaints through applications, coordination, and joint
bersama penanganan pengaduan serta pertukaran data            activities for handling complaints and exchanging data
dan/atau informasi.                                           and/or information.

Pada tahun 2023 Perseroan telah melaksanakan program          In 2023, the Company has implemented the Integrated
pembangunan WBS TPK Terintegrasi diantaranya                  TPK WBS development program, including anti-
mencakup kampanye antikorupsi melalui program                 corruption campaigns through socialization programs,
sosialisasi, pemutakhiran regulasi terkait whistleblowing     updating regulations related to the whistleblowing
system, dan pembangunan aplikasi WBS sebagai sarana           system, and developing a WBS application as a means
pelaporan pengaduan berbasis web. Pada bulan                  of reporting web-based complaints. In September 2023,
September 2023 Perseroan telah melakukan kegiatan             the Company conducted monitoring and evaluation
monitoring dan evaluasi Whistleblowing System TPK             activities for the Integrated TPK Whistleblowing System
Terintegrasi yang diselenggarakan bersama Komisi              which was held together with the Corruption Eradication
Pemberantasan Korupsi (KPK).                                  Commission (KPK).



KEBIJAKAN GRATIFIKASI
GRATIFICATION POLICY
Perseroan berkomitmen untuk mewujudkan pengelolaan            The Company is committed to realizing clean corporate
perushaan yang bersih, bebas dari korupsi, dan                management, free from corruption, and implementing
melaksanakan nilai integritas bagi peningkatan                the value of integrity to improve the implementation of
pelaksanaan tata kelola Perusahaan yang baik (Good            good corporate governance. One of the tools to support
Corporate Governance). Salah satu perangkat untuk             this commitment is the policy for handling gratification
mendukung komitmen tersebut adalah kebijakan                  which is regulated in Directors' Regulation Number PER.U/
penanganan gratifikasi yang diatur dalam Peraturan            KC.202/XI/1/ KA-2020 concerning Guidelines for Controlling
Direksi Nomor PER.U/ KC.202/XI/1/ KA-2020 tentang             Gratification. The Gratification Control Guidelines aim to
Pedoman         Pengendalian    Gratifikasi.   Pedoman        provide guidance, understanding and a common attitude
Pengendalian Gratifikasi bertujuan untuk memberikan           towards gratification practices within the Company,
pedoman, pemahaman, dan sikap yang sama terhadap              prevent KAI personnel from being entangled in
praktik-praktik gratifikasi di lingkungan Perseroan,          gratification practices including bribery, and provide
mencegah insan KAI terjerat dalam praktik gratifikasi yang    guidance in identifying and mapping vulnerabilities in
termasuk suap, serta memberi petunjuk dalam                   receiving gratification within the Company based on
mengidentifikasi dan memetakan kerawanan penerimaan           reporting data. gratification. Every form of gratuity
gratifikasi di lingkungan Perusahaan berdasarkan data         received or rejected must be submitted and reported to
pelaporan gratifikasi. Setiap bentuk gratifikasi yang         the Gratification Control Unit (UPG). Violations related
diterima ataupun ditolak, wajib disampaikan dan               to this matter will be subject to sanctions in accordance
dilaporkan kepada Unit Pengendali Gratifikasi (UPG).          with applicable laws and Company regulations.
Tindak pelanggaran terkait hal tersebut akan dikenakan
sanksi sesuai dengan peraturan perundang-undangan
dan peraturan Perseroan yang berlaku.

KEWAJIBAN INSAN PERUSAHAAN                                    OBLIGATIONS OF COMPANY PERSONNEL
TERHADAP GRATIFIKASI                                          REGARDING GRATIFICATION
Insan Perusahaan memiliki kewajiban untuk:                    Company personnel have the obligation to:
   1. Menolak Gratifikasi yang berhubungan dengan               1. Refuse Gratification related to position and contrary
      jabatan dan berlawanan dengan kewajiban atau                 to the obligations or duties concerned;
      tugas yang bersangkutan;
   2. Melaporkan penolakan Gratifikasi kepada UPG; dan          2. Report rejection of Gratification to UPG; And
   3. Melaporkan penerimaan Gratifikasi yang tidak dapat        3. Report receipt of Gratification that cannot be
      ditolak melalui UPG atau secara langsung kepada              rejected via UPG or directly to the Corruption
      KPK.                                                         Eradication Commission.




                       Laporan Tahunan dan Keberlanjutan
506                                                                                   PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 507
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Gratifikasi yang tidak dapat ditolak merupakan gratifikasi     Gratification that cannot be refused is gratuity that meets
yang memenuhi kondisi sebagai berikut:                         the following conditions:
  a. Gratifikasi tidak diterima secara langsung;                 a. Gratification is not received directly;
  b. Pemberi gratifikasi tidak diketahui;                        b. The gratifier is unknown;
  c. Penerima gratifikasi ragu dengan kategori gratifikasi       c. Gratification recipients are unsure about the
      yang diterima; dan/ atau                                       category of gratification received; and/or
  d. Terdapat kondisi tertentu yang tidak mungkin                d. There are certain conditions that cannot be rejected,
      ditolak, antara lain dapat mengakibatkan rusaknya              including damage to good institutional relations,
      hubungan baik institusi, membahayakan diri sendiri,            endangering yourself, the recipient's career, and/or
      karier penerima, dan/atau ada ancaman lain.                    other threats.

PENGELOLAAN PENGENDALIAN                                       GRATIFICATION CONTROL MANAGEMENT
GRATIFIKASI
Perseroan menerapkan prosedur pengelolaan pelaporan            The Company implements procedures for managing
gratifikasi, dengan uraian sebagai berikut:                    gratuity reporting, detailed as follows:
  1. Insan KAI yang menerima atau menolak Gratifikasi            1. KAI personnel who accept or reject Gratification
      menyampaikan laporan Gratifikasi kepada UPG                   submit a Gratification report to UPG via the E-
      melalui menu E-Gratifikasi pada situs web https://            Gratification menu on the website https:// eoffice.
      eoffice.kai.id                                                kai.id
  2. Laporan Gratifikasi paling sedikit memuat:                  2. The Gratification Report must contain at least:
        a. Identitas Pelapor Gratifikasi berupa nama,                 a. Identity of the Gratification Reporter in the
           tempat dan tanggal lahir, nomor induk                         form of name, place and date of birth,
           kependudukan, nomor induk Pekerja/Pekerja                     population registration number, employee/
           PKWT/Direksi, unit kerja, jabatan, alamat surel,              PKWT worker/director's registration number,
           dan nomor telepon;                                            work unit, position, email address and telephone
                                                                         number;
       b. Informasi pemberi Gratifikasi serta hubungan                b. Information on the Gratification giver and the
          antara pemberi dengan Pelapor yang                             relationship between the giver and the
          menerima/menolak Gratifikasi;                                  Reporting Party who accepts/rejects the
                                                                         Gratification;
       c. Nama kegiatan, tanggal, tempat, dan waktu                   c. Name of activity, date, place and time of receipt
          penerimaan atau penolakan Gratifikasi;                         or rejection of Gratification;
       d. Bentuk gratifikasi serta uraian jenis Gratifikasi           d. Form of gratuity and description of the type of
          yang diterima atau ditolak;                                    gratuity accepted or rejected;
       e. Alasan pemberian Gratifikasi;                               e. Reasons for giving Gratuities;
       f. Kronologis      peristiwa    penerimaan      atau           f. Chronology of events of receipt or rejection of
          penolakan Gratifikasi;                                         Gratification;
       g. Nilai Gratifikasi yang diterima atau ditolak; dan           g. Value of Gratification accepted or rejected; and
       h. Bukti, dokumen, atau data pendukung terkait                 h. Evidence, documents or supporting data related
          laporan Gratifikasi.                                           to the Gratification report.
     Dalam hal Pelapor tidak memiliki akses situs web               In the event that the Reporting Party does not have
     https:// eoffice.kai.id, dapat menyampaikan laporan            access to the website https:// eoffice.kai.id, they can
     Gratifikasi melalui surel dengan alamat lapor.                 submit a Gratification report via email with the
     gratifikasi@kai.id.                                            reporting address. gratification@kai.id.
  3. Laporan Gratifikasi yang telah diterima UPG,                3. Gratification reports that have been received by UPG
     dilakukan       verifikasi     untuk    pemeriksaan            are verified to check completeness. The Gratification
     kelengkapan. Laporan Gratifikasi yang dinyatakan               Report which is declared complete continues to the
     lengkap dilanjutkan ke tahap analisis laporan                  Gratification report analysis stage. In the event that
     Gratifikasi. Dalam hal laporan Gratifikasi tidak               the Gratification report is incomplete, the
     lengkap, maka laporan Gratifikasi disampaikan                  Gratification report is sent back to the Reporting
     kembali kepada Pelapor untuk dilengkapi. Apabila               Party to be completed. If the Gratification report is
     laporan Gratifikasi tidak dilengkapi paling lama 30            not completed no later than 30 (thirty) Working Days
     (tiga puluh) Hari Kerja terhitung sejak objek                  from the time the Gratification object is received
     Gratifikasi diterima Pelapor, maka laporan Gratifikasi         by the Reporting Party, then the Gratification report
     dapat tidak ditindaklanjuti.                                   may not be followed up.
  4. Laporan Gratifikasi yang telah diverifikasi dilakukan       4. Gratification reports that have been verified are
     analisis laporan Gratifikasi yang merupakan                    subjected to Gratification report analysis, which is
     kegiatan menelaah informasi yang diperoleh dari                an activity of reviewing information obtained from
     proses verifikasi untuk memperoleh akurasi                     the verification process to obtain accuracy of the
     informasi dan menentukan tindak lanjut yang akan               information and determine what follow-up actions
     dilakukan.                                                     will be taken.




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              507
                                                                  Annual and Sustainability Report
Page 508
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




  5. Hasil analisis laporan Gratifikasi digunakan untuk          5. The results of the Gratification report analysis are
     menentukan laporan Gratifikasi ditindaklanjuti atau            used to determine if the Gratification report is
     tidak ditindaklanjuti.                                         followed up or not followed up.
  6. Laporan Gratifikasi ditindaklanjuti dilakukan analisis      6. The Gratification Report is followed up with further
     lebih lanjut untuk menentukan kepemilikan objek                analysis to determine ownership of the Gratification
     Gratifikasi. Sedangkan untuk laporan Gratifikasi tidak         object. Meanwhile, if the Gratification Report is not
     ditindaklanjuti,    UPG     menyampaikan         surat         followed up, UPG sends a notification letter to the
     pemberitahuan kepada Pelapor Gratifikasi.                      Gratification Reporter
  7. Laporan Gratifikasi ditindaklanjuti dapat diproses          7. Follow-up Gratification Reports can be processed
     oleh KPK atau UPG.                                             by the KPK or UPG.

Penetapan status kepemilikan barang Gratifikasi untuk          Determination of ownership status of Gratification goods
laporan Gratifikasi yang diproses KPK ditentukan oleh          for Gratification reports processed by the KPK is
KPK sedangkan penetapan status kepemilikan barang              determined by the KPK, while determination of ownership
Gratifikasi untuk laporan Gratifikasi yang diproses UPG        status of Gratification goods for Gratification reports
ditetapkan oleh pengelola UPG.                                 processed by UPG is determined by the UPG manager.

PENGELOLA PELAPORAN GRATIFIKASI                                GRATIFICATION REPORTING MANAGER
Dalam rangka menunjang efektivitas pelaksanaan                 In order to support the effectiveness of the
pengendalian Gratifikasi, Perseroan membentuk Unit             implementation of Gratification control, the Company
Pengendalian Gratifikasi (UPG) yang terdiri atas:              established a Gratification Control Unit (UPG) consisting
                                                               of:
  1. Koordinator UPG : Executive Vice President                    1. UPG Coordinator: Executive Vice President Corporate
     Corporate Secretary; dan                                         Secretary; and
  2. Pengelola UPG: Unit Quality Assurance and Good                2. UPG Manager: Quality Assurance and Good
     Corporate Governance.                                            Corporate Governance Unit.

UPG Perseroan mempunyai tugas dan tanggung jawab               The company's UPG has the following duties and
sebagai berikut:                                               responsibilities:
  1. Menerima, menganalisis, dan mengadministrasikan              1. Receive, analyze and administer Gratification receipt
     laporan penerimaan Gratifikasi.                                 reports.
  2. Menerima dan mengadministrasikan laporan                     2. Receive and administer Gratification rejection
     penolakan Gratifikasi.                                          reports.
  3. Meneruskan laporan penerimaan Gratifikasi kepada             3. Forward the Gratification receipt report to the
     KPK.                                                            Corruption Eradication Commission.
  4. Melaporkan rekapitulasi laporan penerimaan dan               4. Report periodic recapitulation of Gratification
     penolakan Gratifikasi secara periodik kepada KPK.               acceptance and rejection reports to the Corruption
                                                                     Eradication Commission.
  5. Menyampaikan      hasil    pengelolaan      laporan          5. Submit the results of management of Gratification
     penerimaan dan penolakan Gratifikasi kepada                     acceptance and rejection reports to the Main
     Direktur Utama melalui koordinator UPG.                         Director through the UPG coordinator.
  6. Melakukan sosialisasi ketentuan Gratifikasi kepada           6. Socialize Gratification provisions to KAI Personnel
     Insan KAI dan Pemangku Kepentingan.                             and Stakeholders.
  7. Melakukan pemeliharaan objek Gratifikasi sampai              7. Carry out maintenance of Gratification objects until
     dengan adanya ketetapan dari KPK                                there is a decision from the Corruption Eradication
                                                                     Commission.
  8. Melakukan pemantauan dan evaluasi dalam rangka               8. Carrying out monitoring and evaluation in the
     pengendalian Gratifikasi di lingkungan Perusahaan.              context of controlling Gratification within the
                                                                     Company.

SOSIALISASI KEBIJAKAN GRATIFIKASI                              SOCIALIZATION OF GRATIFICATION POLICY
Perseroan secara konsisten berupaya untuk terus                The Company consistently strives to continue to increase
meningkatkan pemahaman dan kepedulian pegawai untuk            employee understanding and awareness of reporting
melaporkan penerimaan gratifikasi yang berhubungan             receipt of gratuities that are related to position and
dengan jabatan dan berlawanan dengan kewajiban.                contrary to obligations. The company also continues to
Perseroan juga terus berupaya untuk mencegah insan             strive to prevent KAI personnel from being entangled in
KAI terjerat dalam praktik gratifikasi yang dianggap suap.     gratification practices that are considered bribery.




                       Laporan Tahunan dan Keberlanjutan
508                                                                                     PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 509
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Pada tahun 2023 telah dilaksanakan kegiatan sosialisasi            In 2023, socialization activities regarding gratification
tentang    kebijakan  gratifikasi    serta  mekanisme              policies and online reporting mechanisms will be carried
pelaporannya secara daring kepada Insan Perusahaan                 out to Company Personnel in all Operational Areas,
di seluruh Daerah Operasional, Divisi Regional, dan Balai          Regional Divisions and Balai Yasa Sarana.
Yasa Sarana.


                                                                                      Jumlah Peserta         Tempat dan/atau
           Waktu dan/atau                                                            Total Participants
                                                   Kegiatan                                                       Media
  No          Tanggal
                                                   Acitivity                                                   Place and/or
          Time and/or date
                                                                                    Insan KAI    Vendor           Media


                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS
         21 Januari 2023        dan SMAP di BY Tegal / GCG Socialization,
   1                                                                                   37           10       BY Tegal
         January 21 st, 2023    Gratification Control, WBS and SMAP in BY
                                Tegal

                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS
         31 Januari 2023        dan SMAP di BY PUB / GCG Socialization,
   2                                                                                   34           17       BY Pulbrayan
         January 31 st, 2023    Gratification Control, WBS and SMAP in BY
                                PUB


                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS
         31 Januari 2023
   3                            dan SMAP di BY LT / GCG Socialization,                 39           13       BY Lahat
         January 31 st, 2023
                                Gratification Control, WBS and SMAP in BY LT


                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS
         7 Februari 2023        dan SMAP di BY MRI / GCG Socialization,
   4                                                                                   21           10       BY Manggarai
         February 7 th, 2023    Gratification Control, WBS and SMAP in BY
                                MRI

                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS
         14 Februari 2023       dan SMAP di BY SGU / GCG Socialization,                                      BY Surabaya
   5                                                                                   30           10
         February 14 th, 2023   Gratification Control, WBS and SMAP in BY                                    Gubeng
                                SGU


                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS
         17 Februari 2023
   6                            dan SMAP di BY YK / GCG Socialization,                 28           12       BY Yogyakarta
         February 17 th, 2023
                                Gratification Control, WBS and SMAP in BY YK


                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS
                                dan SMAP di Basic Development Program
         8 Juni 2023            (BDP) Angkatan III Tahun 2023 / Socialization                                Pusdikhub
   7                                                                                   381          -
         June 8 th, 2023        of GCG, Gratification Control, WBS and SMAP                                  Cimahi
                                in Basic Development Program (BDP)
                                Batch III 2023

                                Sosialisasi dan Sharing Session Penerapan
                                                                                                             Hybird di Kantor
                                Sistem Manajemen Anti Penyuapan (SMAP)
                                                                                                             Pusat Kalog
         19 Juni 2023           ISO 37001:2016 dii PT KA Logistik / Socialization
   8                                                                                   26           -        jakarta / Hybird
         June 19 th, 2023       and Sharing Session of Implementation of
                                                                                                             atKalog jakarta
                                Anti-Bribery Management System (SMAP) ISO
                                                                                                             Head Office
                                37001:2016 at PT KA Logistik

                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS
         4 Juli 2023
   9                            dan SMAP / GCG Socialization, Gratification            23           -        Daop 3 Cn
         July 4 th, 2023
                                Control, WBS and SMAP

                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS
         18 Juli 2023           dan SMAP di Kantor Pusat / GCG Socialization,                                Aplikasi Zoom /
  10                                                                                   89           -
         July 18 th, 2023       Gratification Control, WBS and SMAP at Head                                  Zoom App
                                Office

                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS
         18 Juli 2023           dan SMAP di BY Manggarai / GCG Socialization,                                Aplikasi Zoom /
   11                                                                                  38           -
         July 18 th, 2023       Gratification Control, WBS and SMAP in BY                                    Zoom App
                                Manggarai

                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS                               Hybrid di Kantor
         7 Agustus 2023         dan SMAP di Daop 3 Cirebon / GCG                                             Daop 3 CN /
  12                                                                                    -           24
         August 7 th, 2023      Socialization, Gratification Control, WBS and                                Hybrid at Daop 3
                                SMAP in Daop 3 Cirebon                                                       CN Office




                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                 509
                                                                      Annual and Sustainability Report
Page 510
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




                                                                                     Jumlah Peserta        Tempat dan/atau
          Waktu dan/atau                                                            Total Participants
                                                   Kegiatan                                                     Media
  No         Tanggal
                                                   Acitivity                                                 Place and/or
         Time and/or date
                                                                                  Insan KAI     Vendor          Media


                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS
        22 Agustus 2023         dan SMAP di BY CNP / GCG Socialization,
  13                                                                                  35           -       Offline
        August 22 nd, 2023      Gratification Control, WBS and SMAP in BY
                                CNP


        14 September 2023       Sosialisasi GCG, Pengendalian Gratifikasi, WBS
                                dan SMAP di Jajaran SN / GCG Socialization,                                Aplikasi Zoom /
  14    September 14 th,                                                              115          -
                                Gratification Control, WBS and SMAP in SN                                  Zoom App
        2023                    Ranks


        18 September 2023       Sosialisasi GCG, Pengendalian Gratifikasi, WBS                             Hybrid di Kantor
                                dan SMAP di Daop 2 Bd / GCG Socialization,                                 Daop 2 BD /
  15    September 18 th,                                                              52           15
                                Gratification Control, WBS and SMAP in Daop                                Hybrid at Daop 2
        2023                    2 Bd                                                                       BD Office


        19 September 2023       Sosialisasi GCG, Pengendalian Gratifikasi, WBS                             Hybrid di Kantor
                                dan SMAP di Daop 6 Yk / GCG Socialization,                                 Daop 6 Yk /
  16    September 19 th,                                                              139         24
                                Gratification Control, WBS and SMAP in Daop                                Hybrid at Daop 6
        2023                    6 Yk                                                                       Yk


        21 September 2023       Sosialisasi GCG, Pengendalian Gratifikasi, WBS                             Hybrid di Kantor
                                dan SMAP di Daop 7 Mn / GCG Socialization,                                 Daop 7 Mn /
  17    September 21 st,                                                              78           12
                                Gratification Control, WBS and SMAP in Daop                                Hybrid at Daop 7
        2023                    7 Mn                                                                       Mn Office

                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS                             Hybrid di Kantor
        24 Oktober 2023         dan SMAP di Divre I SU / GCG Socialization,                                Divre I SU /
  18                                                                                  20           19
        October 24 th, 2023     Gratification Control, WBS and SMAP in Divre I                             Hybrid at Divre I
                                SU                                                                         SU Office

                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS                             Hybrid di Kantor
        31 Oktober 2023         dan SMAP di Daop 8 SB / GCG Socialization,                                 Daop 8 SB /
  19                                                                                  55           19
        October 31 st, 2023     Gratification Control, WBS and SMAP in Divre I                             Hybrid at Daop 8
                                SU                                                                         SB Office

                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS                             Hybrid di Kantor
        7 November 2023         dan SMAP di Daop 5 Pwt / GCG Socialization,                                Daop 5 PWT /
  20                                                                                  31           13
        November 7 th, 2023     Gratification Control, WBS and SMAP in Daop                                Hybrid at Daop 5
                                5 Pwt                                                                      PWT Office

                                Sosialisasi GCG, Pengendalian Gratifikasi, WBS                             Hybrid di Kantor
        21 November 2023        dan SMAP di Daop 9 Jr / GCG Socialization,                                 Daop 9 Jr /
  21                                                                                  58          25
        November 21 st, 2023    Gratification Control, WBS and SMAP in Daop                                Hybrid at Daop 9
                                9 Jr                                                                       Jr Office

                                                                                                           Hybrid di
                                                                                                           Auditorium JRC,
        5 Desember 2023         Hari Anti Korupsi Sedunia (Hakordia) /                                     jakarta / Hybrid
  22                                                                                  651          31
        December 5 th, 2023     International Anti-Corruption Day                                          at JRC
                                                                                                           Auditorium,
                                                                                                           Jakarta


Selain kegiatan sosialisasi, Perusahaan juga menyebarkan          Apart from socialization activities, the Company also
sosialisasi kebijakan gratifikasi melalui media e-office          disseminates socialization of gratification policies through
yang merupakan portal kepegawaian Perseroan, e-mail               e-office media which is the Company's personnel portal,
milis broadcast, tabloid internal KAI, media sosial dan           e-mail broadcast mailing lists, KAI's internal tabloids,
media massa.                                                      social media and mass media.




                         Laporan Tahunan dan Keberlanjutan
510                                                                                         PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 511
                                        Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                          Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




LAPORAN GRATIFIKASI TAHUN 2023                                           2023 GRATIFICATION REPORT
Perseroan membuka saluran untuk melaporkan gratifikasi                   The company opens a channel to report gratuities online
secara daring melalui menu e-gratifikasi yang dapat                      through the e-gratification menu which can be accessed
diakses melalui portal kepegawaian E-Office. Laporan                     via the E-Office personnel portal. Gratification reports
gratifikasi dikelola oleh Unit Pengendali Gratifikasi (UPG)              are managed by the Gratification Control Unit (UPG)
yang ditetapkan oleh Direksi sesuai dengan Peraturan                     determined by the Board of Directors in accordance with
Direksi Nomor PER.U/ KC.202/ XI/1/ KA-2020 tentang                       Directors' Regulation Number PER.U/ KC.202/ XI/1/ KA-2020
Pedoman Pengendalian Gratifikasi.                                        concerning Guidelines for Gratification Control.

Selama tahun 2023 terdapat 6 laporan gratifikasi yang                    During 2023 there are 6 gratification reports that have
telah diproses dengan hasil sebagai berikut:                             been processed with the following results:

                                                                 Pemenuhan Unsur Gratifikasi Sesuai Pasal 12B Undang-Undang No.
                                                                                                 20/2001
                                                                    Fulfillment of Gratification in Accordance with Chapter 12B of
                                                                                        Constitution no. 20/2001
               Jenis Pelaporan                  Jumlah
  No              Gratifikasi                 Pelaporan            Memenuhi
            Type of Gratuity Report          Total Reports      unsur gratifikasi            Tidak Memenuhi unsur gratifikasi
                                                                    Meet the
                                                                                          Doesn’t Meet the elements of gratification.
                                                                  elements of
                                                                  gratification.

                                                                   (1)       (2)         (3)        (4)          (5)         (6)   (7)

   1      Penerimaan / Acceptance                     2            0          2          0           0           0           0      0

   2      Penolakan / Rejection                       4            0          0          4           0           0           0      0

             Jumlah / Total                           6            0          2          4           0           0           0      0

Keterangan:                                                              Information:
(1) Dikelola instansi untuk disumbangkan ke yayasan                      (1) Managed by the agency for donations to foundations
(2) Milik negara                                                         (2) Owned by the state
(3) Pencatatan Penolakan                                                 (3) Recording Rejection
(4) Dikelola instansi untuk barang display                               (4) Managed by the agency for display items
(5) Dikelola instansi untuk menunjang                                    (5) Managed by the agency to support
(6) Milik pelapor                                                        (6) Owned by the reporter
(7) Salah pelaporan                                                      (7) Wrong reporting




                                                                         Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                         511
                                                                             Annual and Sustainability Report
Page 512
                                        Tata Kelola Perusahaan
                                        Good Corporate Governance




PENILAIAN TATA KELOLA PERUSAHAAN YANG BAIK
ASSESSMENT OF GOOD CORPORATE GOVERNANCE
Berdasarkan hasil self assessment GCG untuk kinerja                 Based on the results of the GCG self-assessment for the
tahun 2023 PT Kereta Api Indonesia (Persero)                        performance of 2023, PT Kereta Api Indonesia (Persero)
mendapatkan nilai skor 93,563 dengan predikat Sangat                received a score of 93.563 with a predicate of Very Good,
Baik, meningkat 1,139 poin dari nilai skor 92,424 pada tahun        an increase of 1.139 points from the score of 92.424 in
2022. Hal ini menunjukan bahwa manajemen PT Kereta                  2022. This shows that the management of PT Kereta Api
Api Indonesia (Persero) tetap berkomitmen atas                      Indonesia (Persero) remains committed to the
implementasi Tata Kelola Perusahaan Yang Baik dalam                 implementation of Good Corporate Governance in
menjalankan setiap aktivitas bisnisnya dan secara                   carrying out every business activity and continuously
berkelanjutan melakukan perbaikan - perbaikan dalam                 making improvements in every business process carried
setiap proses bisnis yang dijalankan. Berdasarkan hasil             out. Based on the results of the general assessment, all
penilaian secara umum semua aspek yang dinilai dalam                aspects assessed in the GCG self-assessment for the
self assesment GCG untuk kinerja tahun 2023                         performance of 2023 experienced an increase from 2022
mengalami peningkatan dari tahun 2022 sebagaimana                   as shown in the table below:
tabel dibawah ini:


                                                                           Capaian Tahun 2023
     Aspek Pengujian Indikator /                                           Achievements of 2023
                                                    Bobot                                                    Penjelasan
              Parameter
                                                    Value                                                    Explanation
 Aspek Pengujian Indikator / Parameter                                   Skor             Capaian %
                                                                         Score          Achievements %

         Komitmen terhadap penerapan
         Tata kelola perusahaan yang
         baik secara berkelanjutan. /
                                                                                                             Sangat Baik /
   1     Commitment to the                          7,000                7,000              100,00
                                                                                                               Excellent
         implementation of good
         corporate governance on an
         ongoing basis.

         Pemegang Saham dan RUPS/
                                                                                                             Sangat Baik /
   2     Pemilik Modal / Shareholders               9,000                8,503              94,478
                                                                                                               Excellent
         and GMS/Capital Owners

         Dewan Komisaris/Dewan
         Pengawas / Board of                                                                                 Sangat Baik /
   3                                                35,00                32,124             91,783
         Commissioners/Board of                                                                                Excellent
         Supervisors

                                                                                                             Sangat Baik /
   4     Direksi / Board of Directors               35,000               32,134              91,811
                                                                                                               Excellent

         Pengungkapan Informasi dan
                                                                                                             Sangat Baik /
   5     Transparansi / Disclosure of               9,000                8,257              91,746
                                                                                                               Excellent
         Information and Transparency

                                                                                                             Sangat Baik /
   6     Aspek Lainnya / Other Aspects              5,000                5,000              100,000
                                                                                                               Excellent

                                                                                                            Sangat Baik /
       Skor Keseluruhan / Total Score               100,00               93,017
                                                                                                              Excellent




                         Laporan Tahunan dan Keberlanjutan
512                                                                                         PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 513
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Rekomendasi dan Tindaklanjutnya                                    Recommendations and Follow-up
Berdasarkan penilaian GCG untuk tahun 2023, Perseroan              Based on the GCG assessment for 2023, the Company
memperoleh sejumlah rekomendasi dengan uraian serta                has obtained a number of recommendations with
tindak lanjut sebagai berikut                                      descriptions and follow-up as follows


       Indikator   Parameter                                 Rekomendasi                                      Penanggung Jawab
 No
       Indicator   Parameter                               Recommendations                                          PIC

 Pemegang Saham / Shareholders

                                Menetapkan jumlah maksimum jabatan Dewan Komisaris dan Dewan
                                Pengawas yang boleh dipegang oleh seseorang anggota Dewan Komisaris/
                                Dewan Pengawas di perusahaan swasta atau perusahaan/badan lain
  1        8           25       misal BUMD/BLU / Setting the maximum number of positions on the                   RUPS / GMS
                                Board of Commissioners and Board of Supervisors that can be held by
                                a member of the Board of Commissioners/Board of Supervisors in private
                                companies or other companies/agencies such as BUMD/BLU

                                Mendokumentasikan pembahasan usulan aksi korporasi Direksi dan
                                memberikan persetujuan usulan aksi korporasi Direksi, secara tepat waktu
                                yaitu paling lambat 30 hari untuk KSO/BOT dan maksimal 7 hari untuk
                                pelepasan aset setelah dokumen usulan dan penjelasan diterima secara
                                lengkap / Documenting the discussion of the proposed corporate actions
  2        9           29                                                                                         RUPS / GMS
                                by the Board of Directors and providing approval for the proposed
                                corporate actions by the Board of Directors in a timely manner, i.e., no
                                later than 30 days for KSO/BOT and a maximum of 7 days for asset
                                disposal after the proposal documents and explanations are received
                                in full

                                Menetapkan KPI Direksi secara individu dan melakukan penilaian pencapaian
                                KPI Direksi Individu yang hasilnya dituangkan ke dalam risalah RUPS /
                                Setting individual KPIs for the Board of Directors and assessing the              RUPS / GMS
                                achievement of individual KPIs for the Board of Directors, with the results
                                recorded in the minutes of the GMS

                                Menetapkan Pedoman penyusunan KPI Dewan Komisaris dan Pedoman
  3       10           30
                                penyusunan laporan tugas pengawasan Dewan Komisaris serta melakukan
                                penilaian kinerja Dewan Komisaris sesuai dengan Pedoman yang telah
                                ditetapkan / Setting guidelines for the preparation of KPIs for the Board
                                                                                                                  RUPS / GMS
                                of Commissioners and guidelines for the preparation of supervision
                                task reports by the Board of Commissioners, as well as evaluating the
                                performance of the Board of Commissioners in accordance with the
                                established guidelines

 Dewan Komisaris / Board of Commissioner

                                Melakukan update muatan materi pengenalan bagi Dewan Komisaris
                                dengan menambahkan sekurang-kurangnya materi mengenai Prinsip
                                GCG, Gambaran Umum BUMN dan Kewenangan Dekom yang dapat
                                                                                                                Organ Dewan
                                didelegasikan serta tanggung jawab Dekom dan Direksi / The introduction
  4       13           41                                                                                     Komisaris / Board of
                                material for the Board of Commissioners by adding at least material
                                                                                                                Commissioner
                                on GCG Principles, General Overview of SOEs, and the Authorities of
                                the Board of Commissioners that can be delegated, as well as the
                                responsibilities of the Board of Commissioners and the Board of Directors

                                Implementasi standar waktu tingkat kesegeraan pengambilan
                                keputusan terhadap Direksi dilakukan konsisten sesuai dengan kebijakan          Organ Dewan
  5       13        44 & 60     yaitu 7-14 hari / Implementing a standard decision-making timeframe           Komisaris / Board of
                                for the Board of Directors, consistently according to the policy, which         Commissioner
                                is 7-14 days

                                Konsisten dalam: / Consistently in:
                                 a. Menyajikan keselarasan RJPP dengan rencana kerja yang
                                    ditetapkan; / Presenting alignment of RJPP with the established
                                    work plan;
                                 b. Melakukan pembahasan dan telaah terhadap rancangan RJPP; /
                                    Discussing and reviewing the draft RJPP;                                    Organ Dewan
  6       15           47        c. Mengkomunikasikan telaah rancangan RJPP kepada Direksi dan                Komisaris / Board of
                                    melakukan monitoring pengawasan terhadap tindak lanjut                      Commissioner
                                    Direksi; / Communicating the review of the draft RJPP to the
                                    Board of Directors and monitoring the follow-up by the Board of
                                    Directors;
                                Ketepatan waktu dalam pemberian tanggapan rancangan RJPP" /
                                Timeliness in providing feedback on the draft RJPP"




                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                    513
                                                                      Annual and Sustainability Report
Page 514
                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




      Indikator   Parameter                                Rekomendasi                                       Penanggung Jawab
 No
      Indicator   Parameter                              Recommendations                                           PIC

                              Konsisten dalam menyajikan keselarasan/ketidakselarasan RKAP dengan
                                                                                                               Organ Dewan
                              RJPP dalam tanggapan RKAP kepada Pemegang Saham / Consistently
 7       15          48                                                                                      Komisaris / Board of
                              presenting the alignment/discrepancy of RKAP with RJPP in the RKAP
                                                                                                               Commissioner
                              response to Shareholders

                              Konsisten dalam mendokumentasikan proses telaahan organ pendukung
                              Dewan Komisaris sampai dengan proses Pembahasan tindak lanjut arahan
                              Dewan Komisaris atas rancangan RKAP oleh Direksi sebelum disajikan
                              dalam Tanggapan Dewan Komisaris atas RKAP yang disampaikan ke
                                                                                                               Organ Dewan
                              RUPS / Consistency in documenting the review process of the supporting
 8       15          74                                                                                      Komisaris / Board of
                              organs of the Board of Commissioners up to the discussion of follow-up
                                                                                                               Commissioner
                              actions on the Board of Commissioners' directions regarding the draft
                              RKAP (Annual Work Plan and Budget) by the Board of Directors before
                              it is presented in the Board of Commissioners' response to the RKAP
                              submitted to the General Meeting of Shareholders (GMS)

                              Melaksanakan pengawasan dan pemberian nasehat terhadap kebijakan
                              dan pelaksanaan Sistem teknologi informasi yang dihasilkan dari telaah
                                                                                                               Organ Dewan
                              Komite Komisaris atas ITMP 2020-2024 dan pelaksanaannya. / Conduct
 9       16          53                                                                                      Komisaris / Board of
                              oversight and provide advice on the policies and implementation of
                                                                                                               Commissioner
                              the information technology system resulting from the review by the
                              Commissioner Committee of the ITMP 2020-2024 and its implementation.

                              Konsisten dalam mendokumentasikan hasil evaluasi atas kesesuaian
                              antara pelaksanaan program kerja dan anggaran yang telah ditetapkan              Organ Dewan
 10      16          59       dalam RKAP secara berkala / Consistent in documenting the results of           Komisaris / Board of
                              the evaluation of the alignment between the implementation of work               Commissioner
                              programs and the budget established in the RKAP on a regular basis.

                              Konsisten dalam penilaian atas pelaksanaan kegiatan audit eksternal
                              dengan memperhatikan indikator penilaian yang meliputi : / Consistent
                              in evaluating the execution of external audits by considering
                              assessment indicators that include:
                               • Pemantauan kesesuaian penyelesaian progres audit dengan
                                 rencana kerjanya; / Monitoring the alignment of audit progress                Organ Dewan
 11      17          62          completion with its work plan;                                              Komisaris / Board of
                               • Telaah kesesuaian pelaksanaan audit dengan standar profesi                    Commissioner
                                 akuntan publik; / Reviewing the conformity of the audit execution
                                 with public accounting standards;
                               • Telaahan hasil audit eksternal dan kualitas rekomendasi audit
                                 eksternal / Examining the results of the external audit and the
                                 quality of the external audit recommendations.

                              Konsisten dalam penilaian atas pelaksanaan kegiatan audit internal dengan
                              memperhatikan indikator penilaian yang meliputi : / Consistent in evaluating
                              the execution of internal audit activities by considering assessment
                              indicators that include:
                               • Telaah atas efektivitas pemantauan tindak lanjut hasil audit SPI
                                 dan auditor eksternal; / Review of the effectiveness of monitoring
                                 follow-up on the results of SPI audits and external auditors;
                                                                                                               Organ Dewan
                               • Telaah atas kesesuaian pelaksanaan audit dengan standar audit
 12      17          62                                                                                      Komisaris / Board of
                                 internal; / Review of the conformity of audit execution with
                                                                                                               Commissioner
                                 internal audit standards;
                               • Kelengkapan atribut temuan dan kualitas rekomendasi hasil audit
                                 internal; dan / Completeness of findings and the quality of
                                 recommendations from internal audits;
                               • Telaah rencana kerja pengawasan dan pelaksanaannya; / Review of
                                 the supervisory work plan and its implementation;
                               • Manajemen fungsi SPI. / Management of the SPI function.

                              Dalam proses pemberian pendapat tertulis mengenai proses pengangkatan
                              Direksi dan Dewan Komisaris anak perusahaan terdokumentasi dalam
                              bentuk surat permintaan penjelasan/kelengkapan tambahan, sehingga
                              terpantau prosesnya tidak melebihi jangka waktu 15 (lima belas) hari
                              kalender sejak diterima secara lengkap dari Direksi / In the process of          Organ Dewan
 13      18          65       providing a written opinion on the appointment process of the Board            Komisaris / Board of
                              of Directors and the Board of Commissioners of the subsidiary, it is             Commissioner
                              documented in the form of a request letter for clarification/additional
                              information, ensuring that the process is monitored and does not
                              exceed 15 (fifteen) calendar days from the complete receipt from the
                              Board of Directors.




                     Laporan Tahunan dan Keberlanjutan
514                                                                                           PT Kereta Api Indonesia (Persero)
                       Annual and Sustainability Report
Page 515
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       Indikator   Parameter                                 Rekomendasi                                       Penanggung Jawab
 No
       Indicator   Parameter                               Recommendations                                           PIC

                                a. Melakukan penilaian kinerja Direksi individu dan kolegial berdasarkan
                                   telaahan kriteria, target dan indikator kinerja utama yang tercakup
                                   dalam Kontrak Manajemen Direksi secara individual dan melaporkannya
                                   kepada Pemegang Saham; / Conducting performance assessments
                                   of individual and collective members of the Board of Directors based
                                   on the review of criteria, targets, and key performance indicators
                                                                                                                 Organ Dewan
                                   outlined in the Board of Directors’ Management Contract, and
  14      19           67                                                                                      Komisaris / Board of
                                   reporting the results to the Shareholders;
                                                                                                                 Commissioner
                                b. Konsisten mencantumkan hasil penilaian kinerja Direksi secara
                                   individual dan kolegial dalam laporan pengawasan Komisaris ke
                                   Pemegang Saham secara berkala. / Consistently including the results
                                   of performance assessments of individual and collective members
                                   of the Board of Directors in the Commissioners’ supervisory reports
                                   to the Shareholders on a regular basis.

                                Melakukan telaah atas Hasil assessment/riviu penerapan GCG dan
                                pemantauan tindak lanjut dan Muatan GCG pada Laporan Tahunan
                                Perusahaan dan memantau tindak lanjut area of improvement (AOI)
                                hasil assessment GCG yang menjadi kewenangan Dewan Komisaris serta
                                                                                                                 Organ Dewan
                                mendokumentasikannya / Review the results of the assessment/review
  15      21           70                                                                                      Komisaris / Board of
                                of GCG (Good Corporate Governance) implementation, monitor follow-up
                                                                                                                 Commissioner
                                actions, and the GCG content in the Company’s Annual Report, as well
                                as track the follow-up on areas of improvement (AOI) from the GCG
                                assessment that fall under the authority of the Board of Commissioners
                                and document it.

                                Melakukan dan mendokumentasikan pembahasan/evaluasi atas hasil
                                                                                                                 Organ Dewan
                                penilaian kinerja komisaris berikut komite komisaris. / Conduct and
  16      21           71                                                                                      Komisaris / Board of
                                document the discussion/evaluation of the performance assessment
                                                                                                                 Commissioner
                                results for the commissioners and the commissioners' committees.

                                Konsisten dalam melakukan evaluasi terhadap pelaksanaan Keputusan                Organ Dewan
  17      22           74       hasil rapat sebelumnya. / Consistently evaluating the implementation           Komisaris / Board of
                                of decisions from previous meetings                                              Commissioner

                                Komite Audit melengkapi program kerja Komite Audit yang mencakup
                                memastikan bahwa telah ada prosedur review yang memuaskan terhadap
                                                                                                                 Organ Dewan
                                segala informasi yang dikeluarkan oleh Perusahaan. / The Audit
  18      24           81                                                                                      Komisaris / Board of
                                Committee completes the Audit Committee's work program, ensuring
                                                                                                                 Commissioner
                                that satisfactory review procedures are in place for all information issued
                                by the Company

                                Komite Audit memperbaharui Charter Komite Audit sejalan dengan
                                terbitnya Per-06/MBU/04/2021 tanggal 13 April 2021 tentang Perubahan
                                atas Per-12/MBU/2012 tentang Organ Pendukung Dewan Komisaris/Dewan
                                Pengawas BUMN dan pembaharuan tugas dan tanggungjawab Komite
                                Audit sehubungan dengan telah terbentuknya Komite Dekom Lainnya.                 Organ Dewan
  19      24           81       / The Audit Committee updates the Audit Committee Charter in line              Komisaris / Board of
                                with the issuance of Per-06/MBU/04/2021 dated April 13th, 2021, concerning       Commissioner
                                Amendments to Per-12/MBU/2012 regarding Supporting Organs of the
                                Board of Commissioners/Supervisory Board of SOEs and updating the
                                duties and responsibilities of the Audit Committee in relation to the
                                formation of other Board Committees

                                KPMR memperbaharui Charter KPMR sejalan dengan terbitnya Peraturan
                                Menteri BUMN Nomor PER-5/MBU/09/2022 tentang Penerapan Manajemen
                                                                                                                 Organ Dewan
                                Risiko BUMN. / The Risk Management Committee (KPMR) updates the
 20       24           81                                                                                      Komisaris / Board of
                                KPMR Charter in line with the issuance of the Minister of SOEs Regulation
                                                                                                                 Commissioner
                                Number PER-5/MBU/09/2022 regarding the Implementation of SOE Risk
                                Management

                                Komite Audit, Komite PMR dan Komite MR mendokumentasikan hasil
                                pertemuan dalam Risalah Rapat sesuai dengan format Risalah Rapat
                                sebagaimana diatur dalam Peraturan Direksi Nomor PER.U/KC.202/X/
                                1/KA-2020 tentang Tata Tertib Rapat Direksi, minimal memuat hasil-hasil
                                analisis, telaahan dan evaluasi serta menyampaikan kepada Sekretaris
                                                                                                                 Organ Dewan
                                Dekom untuk disimpan sebagai arsip perusahaan. / The Audit Committee,
  21      24           82                                                                                      Komisaris / Board of
                                KPMR Committee, and MR Committee document the meeting results
                                                                                                                 Commissioner
                                in Minutes of Meetings in accordance with the format of Minutes of
                                Meetings as stipulated in the Board of Directors Regulation Number
                                PER.U/KC.202/X/1/KA-2020 concerning the Meeting Rules of Procedure,
                                which must at least contain the results of analysis, review, and evaluation,
                                and submit it to the Board Secretary for archiving as company records




                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                     515
                                                                      Annual and Sustainability Report
Page 516
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




       Indikator   Parameter                                 Rekomendasi                                      Penanggung Jawab
 No
       Indicator   Parameter                               Recommendations                                          PIC

                                Menyusun program kerja terkait pertemuan berkala dan agenda yang
                                                                                                                Organ Dewan
                                dibahas dicantumkan dalam RKA Dekom. / Preparing a work program
 22       24            82                                                                                    Komisaris / Board of
                                related to regular meetings and the agenda discussed to be included
                                                                                                                Commissioner
                                in the Board of Commissioners' RKA

                                Komite Audit, Komite PMR dan Komite NR melengkapi Laporan Triwulanan
                                dan Tahunan dengan memuat perbandingan antara realisasi kegiatan
                                dengan program kerja tahunan serta penugasan lain yang ditugaskan
                                oleh Dewan Komisaris dengan menyertakan rangkuman hasil pelaksanaan
                                kegiatan dan rekomendasinya sehingga dapat diyakini bahwa
                                                                                                                Organ Dewan
                                rekomendasi diberikan pada pelaksanaan penugasan. / The Audit
 23       24            83                                                                                    Komisaris / Board of
                                Committee, KPMR Committee, and NR Committee complete Quarterly
                                                                                                                Commissioner
                                and Annual Reports by including a comparison between the realization
                                of activities and the annual work program, as well as other assignments
                                assigned by the Board of Commissioners, including a summary of the
                                implementation of activities and recommendations to ensure that
                                recommendations are provided on the implementation of assignments

 Direksi / Board of Directors

                                Melakukan update Kepdir PT KAI Nomor KEP.U/OT/104/IX/KA-2015 tentang
                                Standar waktu pengambilan keputusan oleh direksi dalam perbuatan-
                                perbuatan direksi yang membutuhkan persetujuan tertulis dari Dekom
                                atau tanggapan tertulis dari Dekom PT KAI dan Persetujuan dari RUPS
                                dengan menetapkan ketentuan/batasan waktu pengkomunikasian
                                keputusan direksi kepada level di bawah direksi. / Updating PT KAI Director
 24       26       88                                                                                                 US
                                Decree Number KEP.U/OT/104/IX/KA-2015 concerning the decision-making
                                time standards by the directors for actions requiring written approval
                                from the Board of Commissioners or written response from the Board
                                of Commissioners of PT KAI and approval from the GMS by setting
                                provisions/time limits for communicating the directors' decisions to the
                                levels below the directors.

                                Menetapkan pedoman penyesuaian Rencana Jangka Panjang Perusahaan
 25       27       89           (RJPP). / Establishing guidelines for adjusting the Company’s Long-Term
                                Plan (RJPP).

                                Melakukan update SK Direksi Nomor Kep.U/KU.401/XI/28/KA-2013 tanggal
                                29 November 2013 tentang Kebijakan Prosedur Pengelolaan Investasi
                                serta pengeluaran yang dikapitalisasi (bersifat modal) di lingkungan
                                PT KAI (Persero) dan menetapkan Mekanisme dalam Direksi untuk
                                mengatur usulan belanja bisnis unit manajemen di bawah Direksi. /
 26       27       92 & 93                                                                                             IR
                                Updating the Directors Decree Number Kep.U/KU.401/XI/28/KA-2013 dated
                                November 29 th, 2013, regarding the Policy on Investment Management
                                Procedures and capitalized expenditures within PT KAI (Persero) and
                                establishing mechanisms within the Directors to regulate business unit
                                expenditure proposals under the Directors.

                                Melakukan update atas Peraturan Direksi PT Kereta Api Indonesia (Persero)
                                Nomor PER.1/U/KM.101/VIII/1/KA-2022 tanggal 1 Juli 2022 tentang Pengadaan
                                Barang dan Jasa sehingga Pedoman Pengadaan Barang dan Jasa. /
 27       28            102     Updating the PT Kereta Api Indonesia (Persero) Directors Regulation                   MS
                                Number PER.1/U/KM.101/VIII/1/KA-2022 dated July 1 st, 2022, concerning
                                Procurement of Goods and Services, thus establishing the Procurement
                                of Goods and Services Guidelines.

                                Menyampaikan Laporan Survei Pelanggan (angkutan Penumpang &
                                Barang) dan Progress Tindak Lanjut atas hasil Survei Pelanggan (angkutan
                                Penumpang & Barang) kepada Direksi. / Submitting the Customer Survey
 28       31            111                                                                                         CP & CF
                                Report (Passenger & Freight Transportation) and Progress Follow-up
                                on Customer Survey Results (Passenger & Freight Transportation) to
                                the Directors.

                                Menginstruksikan Unit Logistik untuk melaksanakan survey kepuasan
 29       31            112     pemasok/vendor secara berkala / Instruct the Logistics Unit to conduct                MS
                                periodic supplier/vendor satisfaction surveys.


                                Menjaga dan meningkatkan pencapaian KPI Korporat dan Dividen. /
 30       31            117                                                                                           KC
                                Maintaining and improving the achievement of Corporate KPI and Dividends.




                        Laporan Tahunan dan Keberlanjutan
516                                                                                             PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 517
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       Indikator   Parameter                                   Rekomendasi                                     Penanggung Jawab
 No
       Indicator   Parameter                                 Recommendations                                         PIC

                                   Menjaga konsistensi penyerapan dana TISL dan meningkatkan tingkat
                                   pengembalian dana kemitraan yang dipinjamkan kepada usaha kecil.
  31      31           118                                                                                           USS
                                   / Maintaining the consistency of TISL fund absorption and increasing
                                   the repayment rate of partnership funds lent to small businesses.

                                   Penyampaian laporan manajemen (triwulanan) kepada Dewan Komisaris/
                                   Dewan Pengawas tepat waktu sesuai parameter 44 yaitu tingkat kesegeraan
                   98, 121, 122,
 32       33                       berkisar 7 hari (baik). / Timely submission of management reports               US/USD
                      & 131
                                   (quarterly) to the Board of Commissioners/Supervisory Board according
                                   to parameter 44, with a decision urgency level of around 7 days (good).

                                    "Menginstruksikan Sekretaris Perusahaan agar: a. Menyusun rencana
                                   Rapat Direksi dan agenda yang dibahas. Rencana rapat memiliki agenda
                                   yang terjadwal dalam rapat rutin Direksi. b. Konsisten mencantumkan
                                   dalam Risalah rapat atau Materi risalah rapat atau pembahasan terkait
                                   hasil evaluasi atas pelaksanaan keputusan rapat sebelumnya yang belum
 33       34           124         selesai." / Instructing the Corporate Secretary to: a) Prepare a plan for        US/USC
                                   Directors' Meetings and the agenda discussed. The meeting plan has
                                   a scheduled agenda for routine Directors' meetings, b) Consistently
                                   include in the Minutes of Meetings or materials related to the evaluation
                                   of the implementation of previous meeting decisions and the follow-up
                                   of unfinished previous meeting decisions.

                                   Belum mencukupi jumlah tenaga auditor SPI sesuai kebutuhan perusahaan.
                                   Kecukupan tenaga auditor dihasilkan dari analisis beban kerja yang
                                   dilakukan oleh SPI dan/atau Divisi SDM. / Insufficient number of SPI
 34       35        91 & 129                                                                                          UI
                                   auditors according to the company's needs. The adequacy of auditors
                                   is determined by a workload analysis conducted by SPI and/or the HR
                                   Division.

                                   Merealisasikan materi program pengenalan direksi yang minimal memuat
                                   pengenalan prinsip-prinsip GCG, gambaran umum BUMN, kewenangan
                                   yang didelegasikan, tugas dan tanggung jawab direksi dan komisaris,
                                   serta mendokumentasikan program pengenalan perusahaan bagi Dewan
                                   Komisaris dan Direksi baru yang berasal dari luar perusahaan / Realizing
 35     25 & 36     84 & 132                                                                                        US/USC
                                   the orientation program materials for directors, which minimally include
                                   an introduction to GCG principles, an overview of SOEs, delegated
                                   authorities, responsibilities of directors and commissioners, and
                                   documenting the company's orientation program for new Board of
                                   Commissioners and Directors from outside the company.

                                   Menyempurnakan Risalah Rapat Direksi dengan memuat hasil evaluasi
                                   atas pelaksanaan keputusan rapat sebelumnya, pencantuman jalannya
                                   rapat (dinamika rapat), pencantuman pendapat berbeda/dissenting
 36       36           131         comment (bila ada). / Improving the Minutes of Directors' Meetings by            US/USC
                                   including the results of the evaluation of the implementation of previous
                                   meeting decisions, documenting the course of the meeting (meeting
                                   dynamics), and including dissenting opinions/comments (if any).

                                   Menyusun laporan pelaksanaan tugas sekretaris perusahaan secara berkala.
 37       36           132         / Preparing periodic reports on the implementation of the Corporate               US
                                   Secretary's duties.

                                   Menyusun laporan tingkat kepatuhan perusahaan terhadap peraturan
 38       36           132         perundang-undangan yang berlaku. / Preparing reports on the company's             UL
                                   compliance with applicable laws and regulations.

                                   Melakukan evaluasi atas pelaksanaan tugas Sekretaris Perusahaan dan
 39       36           133         mendokumentasikannya. / Evaluating the implementation of the Corporate           US/DU
                                   Secretary's duties and documenting it.

                                   Melakukan revisi Peraturan Direksi Nomor PER.U/KL.104/VI/1/KA2018 tanggal
                                   05 Juni 2018 tentang Pedoman / Revise the Board of Directors Regulation
 40       38           136                                                                                           USP
                                   Number PER.U/KL.104/VI/1/KA2018 dated June 5 th, 2018, regarding the
                                   Guidelines.




                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  517
                                                                        Annual and Sustainability Report
Page 518
                Tata Kelola Perusahaan
                Good Corporate Governance




      Laporan Tahunan dan Keberlanjutan
518                                         PT Kereta Api Indonesia (Persero)
        Annual and Sustainability Report
Page 519
                                       Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                          Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




TATA KELOLA KEBERLANJUTAN
SUSTAINABLE GOVERNANCE
STRUKTUR TATA KELOLA DAN PENANGGUNG                                           STRUCTURE OF GOVERNANCE AND
JAWAB PENERAPAN KEUANGAN                                                      RESPONSIBILITY FOR SUSTAINABLE FINANCIAL
BERKELANJUTAN [OJK E.1] [GRI 2-9]                                             IMPLEMENTATION [OJK E.1] [GRI 2-9]
KAI menerapkan praktik keuangan berkelanjutan melalui                        KAI implements sustainable financial practices through
pelaksanaan program Tanggung Jawab Sosial dan                                the execution of the Social and Environmental
Lingkungan (TJSL), sesuai Peraturan Menteri BUMN                             Responsibility (TJSL) program, in accordance with the
Nomor PER-6/MBU/09/2022 Perubahan atas Peraturan                             Minister of State-Owned Enterprises Regulation Number
Mentri Badan Usaha Milik Negara Nomor PER-05/MBU/                            PER-6/MBU/09/2022, amending the Minister of State-
04/2021 Tentang Program Tanggung Jawab Sosial dan                            Owned Enterprises Regulation Number PER-05/MBU/
Lingkungan Badan Usaha Milik Negara.                                         04/2021 concerning the Social and Environmental
                                                                             Responsibility Program for State-Owned Enterprises.

KAI memiliki unit kerja khusus yang bertanggung jawab                        KAI has a special work unit responsible for managing and
mengelola dan mengkoordinasi penerapan praktik                               coordinating the implementation of sustainable financial
keuangan berkelanjutan, yaitu Divisi Corporate Social                        practices, namely the Division Corporate Social
Responsibility. Divisi Corporate Social Responsibility KAI                   Responsibility. Division Corporate Social Responsibility
memiliki tugas dan tanggung jawab untuk mengelola                            KAI has duties and responsibilities to manage the
pelaksanaan program TJSL serta Community Relations,                          implementation of the TJSL program as well Community
yaitu hubungan KAI dengan pihak internal serta eksternal                     Relations, namely KAI's relationship with internal and
pada seluruh aktivitas Perseroan.                                            external parties in all Company activities.

Struktur Divisi Corporate Social Responsibility KAI dapat                    Division Structure Corporate Social Responsibility KAI can
dilihat melalui bagan berikut:                                               be seen through the following chart:



                                                               Vice President Corporate
                                                                 Social Responsibility
                                                                         (USS)




                        Manager Partnership and                                                           Manager Community
                            Participations                                                                    Relations
                                (USSP)                                                                         (USSC)




                                           Assistant Manager                               Assistant Manager             Assistant Manager
           Assistant Manager
                                             Enviromental                                 Internal Community            External Community
          Partnership Program
                                             Development                                        Relations                     Relations
                (USSP 1)
                                                (USSP 2)                                        (USSC 1)                      (USSC 2)




Vice  President  Corporate Social  Responsibility                            Vice President Corporate Social Responsibility carry out
melaksanakan tugas dan tanggung jawab dengan                                 duties and responsibilities supported by 2 (two) Managers,
didukung oleh 2 (dua) Manager, dengan penjelasan                             with the following explanation:
sebagai berikut:

  1. Manager Partnership and Participations                                      1. Manager Partnership and Participations
     Mempunyai tugas pokok dan tanggung jawab                                       Has the main duties and responsibilities of carrying
     melaksanakan pengelolaan Program Tanggung                                      out the management of the Social and
     Jawab Sosial dan Lingkungan (TJSL) sesuai dengan                               Environmental Responsibility Program (TJSL) in
     penugasan     Perseroan,  serta   melaksanakan                                 accordance with the Company's assignment, as well
     penyusunan program kerja Kemitraan untuk RUPS                                  as carrying out the preparation of the Partnership
     ke Kementerian BUMN dan melaksanakan                                           work program for the GMS to the Ministry of SOE
     pendampingan pembuatan laporan audit Program                                   and providing assistance in preparing the
     Kemitraan.                                                                     Partnership Program audit report.




                                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                            519
                                                                                 Annual and Sustainability Report
Page 520
                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




      Manager Partnership and Participations dibantu               Manager Partnership and Participations assisted
      oleh 2 (dua) Assistant Manager, dengan uraian                by 2 (two) Assistant Manager, with the following
      sebagai berikut:                                             description:
       a. Assistant Manager Partnership Program                     a. Assistant Manager Partnership Program
          Mempunyai tugas pokok dan tanggung jawab                     Has the main duties and responsibilities of
          melakukan survei lokasi dan kebenaran calon                  conducting location and truth surveys of
          mitra binaan, pemantauan pelaksanaan Program                 prospective fostered partners, monitoring the
          Kemitraan (PK), melakukan rekapitulasi laporan               implementation of the Partnership Program
          daerah untuk laporan manajemen, rekonsiliasi                 (PK), recapitulating regional reports for
          laporan serta melakukan evaluasi atas                        management reports, reconciling reports and
          pencapaian program kerja sesuai dengan                       evaluating the achievements of work programs
          penugasan                         perusahaan.                in accordance with company assignments.
       b. Assistant       Manager        Environmental              b. Assistant Manager Environmental Development
          Development                                                  Has the main duties and responsibilities of
          Mempunyai tugas pokok dan tanggung jawab                     conducting site surveys and analyzing
          untuk     melakukan    survei    lokasi   dan                submissions, monitoring the implementation
          menganalisis     pengajuan,      pemantauan                  of the Community Development (BL) program,
          pelaksanaan program Bina Lingkungan (BL),                    recapitulating     regional    reports     for
          melakukan rekapitulasi laporan daerah untuk                  management reports, reconciling reports, and
          laporan manajemen, rekonsiliasi laporan, serta               evaluating work program achievements in
          melakukan evaluasi atas pencapaian program                   accordance with the Company's assignments.
          kerja sesuai dengan penugasan Perseroan.

  2. Manager Community Relations                                2. Manager Community Relations
     Mempunyai tugas pokok dan tanggung jawab                      Has the main duties and responsibilities of
     melaksanakan pengelolaan Community Relations,                 implementing         management            Community
     baik secara internal maupun eksternal, guna                   Relations, both internally and externally, to overcome
     mengatasi masalah sosial yang tumbuh akibat                   social problems that grow as a result of the
     aktivitas Perseroan. Manager Community Relations              Company's activities. The Community Relations
     dibantu oleh 2 (dua) Assistant Manager, dengan                Manager is assisted by 2 (two) Assistant Managers,
     uraian sebagai berikut:                                       with the following description:
      a. Assistant Manager Internal Community                       a. Assistant     Manager     Internal     Community
         Relations                                                     Relations
         Mempunyai tugas pokok dan tanggung jawab                      Has the main duties and responsibilities, namely
         yaitu melaksanakan program pembinaan                          carrying out internal community development
         komunitas secara internal, termasuk penyiapan                 programs, including preparing central and
         sarana dan prasarana olahraga pusat dan                       regional sports Rolling Stock and infrastructure
         daerah untuk pencapaian prestasi olahraga                     to    achieve     the     Company's        sporting
         Perseroan, serta melakukan pembinaan                          achievements, as well as providing arts and
         kesenian dan kegiatan keagamaan pada kantor                   religious activities at the head office.
         pusat.
      b. Assistant Manager External Community                       b. Assistant Manager External Community
         Relations                                                     Relations
         Memiliki tugas pokok dan tanggung jawab untuk                 Has the main duties and responsibilities to carry
         melaksanakan program kegiatan eksternal                       out external activity programs in the form of
         berupa kegiatan pelayanan Kesehatan kepada                    health service activities for the community,
         masyarakat, bakti sosial dan kegiatan yang                    social service and activities needed to help
         diperlukan guna turut mengatasi masalah sosial                overcome social problems as a result of the
         sebagai akibat dari kegiatan operasional                      Company's operational activities.
         Perseroan.

Hingga 31 Desember 2023, KAI telah memiliki Komite            As of December 31 st, 2023, KAI has established a Social
Tanggung Jawab Sosial dan Lingkungan (TJSL) baik              and Environmental Responsibility (TJSL) Committee both
secara terpusat maupun diwilayah Operasi Perseroan.           centrally and at the Company's operational regions.
Meskipun demikian, organ-organ utama di dalam struktur        Nevertheless, the main organs within KAI's governance
tata kelola KAI yang terdiri dari Rapat Umum Pemegang         structure, which consist of the General Meeting of
Saham (RUPS), Dewan Komisaris, dan Direksi berperan           Shareholders (GMS), the Board of Commissioners, and
dalam mengembangkan, menyetujui, dan memperbarui              the Board of Directors, play a role in developing,
pernyataan tujuan, nilai, atau misi organisasi, strategi,     approving, and updating the organization's purpose,
kebijakan, dan sasaran lain yang terkait dengan               values, or mission statements, strategies, policies, and
pembangunan berkelanjutan. Hal tersebut salah satunya         other objectives related to sustainable development. This
tercermin pada penetapan strategi utama 2023. KAI             is reflected in the establishment of the main strategy for




                      Laporan Tahunan dan Keberlanjutan
520                                                                                    PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 521
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




menempatkan percepatan implementasi ESG sebagai                 2023. KAI places the acceleration of ESG implementation
salah satu strategi utama 2023 dengan fokus                     as one of the main strategies for 2023 with a focus on
Penyelesaian Proyek Strategis Nasional, Change Culture,         the Completion of National Strategic Projects, Change
Change Mindset & Winning Culture.                               Culture, Change Mindset & Winning Culture.

Adapun isu-isu keberlanjutan yang teridentifikasi di level      The identified sustainability issues at the operational level
operasional senantiasa dikoordinasikan kepada komite-           are consistently coordinated with the relevant
komite terkait, untuk dibahas dalam rapat-rapat yang            committees to be discussed in pertinent meetings with
relevan bersama Direksi. Melalui cara tersebut, Direksi         the Board of Directors. Through this approach, the Board
dapat mengidentifikasi isu-isu keberlanjutan dan                of Directors can identify sustainability issues and manage
mengelola dampak organisasi terhadap ekonomi,                   the organization's impact on the economy, environment,
lingkungan, dan sosial kemasyarakatan. Pembagian                and social community. The division of tasks for managing
tugas     pengelolaan       dampak-dampak          tersebut     these impacts is adjusted according to the areas of
disesuaikan dengan pembidangan Direksi sebagai                  responsibility of the Board of Directors as senior
eksekutif senior. Pembidangan tugas Direksi telah               executives. The division of tasks for the Board of Directors
dijelaskan pada bagian sebelumnya. Selanjutnya, Direksi         has been explained in the previous section. Furthermore,
juga melibatkan para pemangku kepentingan dalam                 the Board of Directors also involves stakeholders in the
proses pengelolaan dampak. Implementasi program-                impact management process. The implementation of
program pengelolaan dampak dilaporkan oleh masing-              impact management programs is periodically reported
masing unit terkait secara berkala kepada Direksi, sekaligus    by the relevant units to the Board of Directors and
dikoordinasikan      kepada    komite     terkait,    untuk     coordinated with the relevant committees for evaluation.
mendapatkan evaluasi. Hasil evaluasi untuk selanjutnya          The results of this evaluation will then be considered in
akan menjadi pertimbangan pada penetapan target dan             setting targets and KPIs outlined in the Work Plan and
KPI yang tertuang dalam RKAP. [GRI 2-12, 2-13]                  Budget (RKAP). [GRI 2-12, 2-13]

RUPS, Dewan Komisaris, dan Direksi sebagai organ utama          The General Meeting of Shareholders (GMS), the Board
Perseroan berwenang untuk meninjau dan menyetujui               of Commissioners, and the Board of Directors, as the main
Laporan Tahunan yang didalamnya mencakup Laporan                organs of the Company, are authorized to review and
Keberlanjutan. Adapun penetapan topik material yang             approve the Annual Report, which includes the
dilaporkan pada Laporan Keberlanjutan ditinjau dan              Sustainability Report. The determination of material topics
disetujui oleh Sekretaris Perusahaan sesuai fungsinya           reported in the Sustainability Report is reviewed and
sebagai pengelola komunikasi Perusahaan dan                     approved by the Corporate Secretary, in accordance with
penatausaha dokumen Perusahaan. [GRI 2-14]                      their function as the manager of the Company's
                                                                communications and document administration.
                                                                [GRI 2-14]

Untuk menghindari segala bentuk benturan kepentingan            To avoid any form of conflict of interest, as stated in KAI's
yang juga tercantum pada Code of Conduct KAI, seluruh           Code of Conduct, all officials at the level of the Board of
pejabat di level Direksi, Dewan Komisaris, Kepala Divisi        Directors, the Board of Commissioners, Division Heads,
hingga     level    manajerial   dipilih   berdasarkan          and managerial levels are selected based on professional
pertimbangan profesional dan integritas. Setiap anggota         considerations and integrity. Each member of KAI's Board
Direksi KAI tidak memiliki hubungan afiliasi dengan             of Directors has no affiliate relationship with other
sesama anggota Direksi, anggota Dewan Komisaris,                members of the Board of Directors, members of the Board
maupun Pemegang Saham Pengendali. Pengelolaan                   of Commissioners, or the Controlling Shareholders. The
benturan kepentingan sesama anggota Direksi dan                 management of conflicts of interest among members
Dewan Komisaris telah menjadi bagian dari kewajiban             of the Board of Directors and the Board of Commissioners
Direksi dan Dewan Komisaris seperti dijelaskan                  has been part of the obligations of the Board of Directors
sebelumnya pada bagian Kewajiban Direksi dan                    and the Board of Commissioners, as previously explained
Kewajiban Dewan Komisaris pada laporan ini. [GRI 2-15]          in the Obligations of the Board of Directors and
                                                                Obligations of the Board of Commissioners sections of
                                                                this report. [GRI 2-15]

Hingga 31 Desember 2023, KAI memiliki mekanisme                 As of December 31 st, 2023, KAI has a complaint
pengaduan terkait dampak negatif potensial dan aktual           mechanism related to potential and actual negative impacts
terhadap      pemangku       kepentingan        melalui         on stakeholders through the Whistleblowing System
Whistleblowing System (WBS), maupun saluran                     (WBS), as well as customer channels and social media
pelanggan dan akun media sosial yang dikelola langsung          accounts directly managed by KAI employees. Further
oleh pegawai KAI. Penjelasan lebih lanjut mengenai              explanation regarding the number of reports through
jumlah pelaporan melalui mekanisme WBS            telah         the WBS mechanism has been detailed in the previous
dijelaskan pada bagian sebelumnya. [GRI 2-16]                   section. [GRI 2-16]




                                                               Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                               521
                                                                   Annual and Sustainability Report
Page 522
                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




PENGEMBANGAN KOMPETENSI TERKAIT                               COMPETENCY DEVELOPMENT RELATED TO
PEMBANGUNAN BERKELANJUTAN                                     SUSTAINABLE DEVELOPMENT
[OJK E.2] [GRI 2-17]                                          [OJK E.2] [GRI 2-17]

KAI berupaya meningkatkan pengetahuan dan                     KAI strives to enhance the knowledge and competencies
kompetensi Dewan Komisaris dan Direksi dalam rangka           of the Board of Commissioners and the Board of Directors
menunjang pelaksanaan tugas pengawasan Dewan                  to support the supervisory duties of the Board of
Komisaris dan pengelolaan Perusahaan yang dilakukan           Commissioners and the management of the Company
oleh  Direksi   melalui   program    pengembangan             by the Board of Directors through competency
kompetensi,   termasuk    yang   berkaitan  dengan            development programs, including those related to
pembangunan dan keuangan berkelanjutan.                       sustainable development and finance.


                                            Jenis Pelatihan dan        Waktu dan Tempat
                                              Materi Pelatihan           Pelaksanaan              Penyelenggara
  Nama Name          Jabatan Position
                                            Types of Training and      Time and Place of            Organizer
                                             Training Materials         Implementation

 Rochadi          Komisaris Independen    Hotel Gaia Bandung, 26     Hotel Gaia Bandung, 26   Strategic Development
                  Independent             Oktober 2023 / Gaia        Oktober 2023 / Gaia      Group
                  Commissioner            Hotel Bandung, October     Hotel Bandung,
                                          26 th, 2023                October 26 th, 2023

                                          Certification in Audit     Hotel Manhattan          Ikatan Komite Audit
                                          Committee Practices        Jakarta, 22-25 Agustus   Indonesia
                                          batch 33                   2023 / Manhattan Hotel
                                                                     Jakarta, August 22 nd-
                                                                     25 th, 2023

 Riza Primadi     Komisaris Independen    GRC Professional           Hotel Gaia Bandung, 26   Strategic Development
                  Independent             Advanced-Level             Oktober 2023 / Gaia      Group
                  Commissioner            Executive (GRCE)           Hotel Bandung,
                                          Certification in Audit     October 26 th, 2023
                                          Committee Practices
                                          batch 33                   Hotel Manhattan          Ikatan Komite Audit
                                                                     Jakarta, 22-25 Agustus   Indonesia
                                                                     2023 / Manhattan Hotel
                                                                     Jakarta, August 22 nd-
                                                                     25 th, 2023

 Endang Tirtana   Komisaris Independen    GRC Professional           Hotel Gaia Bandung, 26   Strategic Development
                  Independent             Advanced-Level             Oktober 2023 / Gaia      Group
                  Commissioner            Executive (GRCE)           Hotel Bandung,
                                                                     October 26 th, 2023

 Chairul Anwar    Komisaris               GRC Professional           Hotel Gaia Bandung, 26   Strategic Development
                  Commissioner            Advanced-Level             Oktober 2023 / Gaia      Group
                                          Executive (GRCE)           Hotel Bandung,
                                                                     October 26 th, 2023


PENILAIAN RISIKO ATAS PENERAPAN                               RISK ASSESSMENT OF THE
KEUANGAN BERKELANJUTAN [OJK E.3]                              IMPLEMENTATION OF SUSTAINABLE
                                                              FINANCE [OJK E.3]
KAI memahami bahwa penerapan praktik keuangan                 KAI understands that implementing sustainable
berkelanjutan akan selalu dihadapkan pada situasi             finance practices will always be faced with
ketidakpastian dan faktor risiko yang dapat berdampak         uncertainties and risk factors that can impact the
terhadap kinerja Perseroan maupun pengambilan                 Company's performance and management decision-
keputusan manajemen. Atas pemahaman tersebut, KAI             making. With this understanding, KAI has established
memiliki dan menerapkan sistem manajemen risiko yang          and implements a risk management system that plays
secara mendasar berperan penting dalam keseluruhan            a fundamental role in the overall application of
penerapan praktik keuangan berkelanjutan, sesuai              sustainable finance practices, in accordance with
regulasi dan standar penerapan terbaik yang berlaku.          applicable regulations and best practice standards.




                     Laporan Tahunan dan Keberlanjutan
522                                                                                   PT Kereta Api Indonesia (Persero)
                       Annual and Sustainability Report
Page 523
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Sistem Manajemen Risiko                                                  Risk Management System
KAI menerapkan sistem manajemen risiko yang mengacu                      KAI implements a risk management system that refers
kepada ISO 31000:2018 Risk Management – Guidelines,                      to ISO 31000:2018 Risk Management – Guidelines,
terdiri atas sejumlah tahapan yaitu                                      consisting of a number of stages, namely
   (1) Kegiatan komunikasi dan konsultasi                                   (1) Communication and consultation activities,
   (2) Penetapan ruang lingkup, konteks dan kriteria,                       (2) Determining scope, context and criteria, risk
       asesmen risiko meliputi identifikasi risiko, analisis                    assessment including risk identification, risk
       risiko, dan evaluasi risiko                                              analysis, and risk evaluation,
   (3) Mitigasi risiko,                                                     (3) Risk mitigation,
   (4) Monitoring dan review, serta                                         (4) Monitoring and review, and
   (5) pencatatan dan pelaporan terkait risiko-risiko bisnis.               (5) Recording and reporting related to business risks.

Guna mencapai target kinerja keberlanjutan, KAI                          In order to achieve sustainability performance targets,
melakukan pengelolaan risiko atas penerapan keuangan                     KAI carries out risk management for the implementation
berkelanjutan yang terbagi ke dalam aspek ekonomi,                       of sustainable finance which is divided into economic,
lingkungan, dan sosial. Secara khusus, pada aspek                        environmental and social aspects. Specifically, in the
ekonomi, KAI mengelola risiko investasi/non investasi dan                economic aspect, KAI manages investment/non-
risiko operasional melalui upaya mitigasi dengan                         investment risks and operational risks through
monitoring risiko secara berkala, baik yang dilakukan secara             mitigation efforts with regular risk monitoring, both
manual maupun melalui penggunaan sistem informasi                        manually and through the use of a risk management
manajemen risiko yaitu aplikasi SMARTKA. Kemudian,                       information system, namely the SMARTKA application.
pada aspek lingkungan, KAI menerapkan upaya mitigasi                     Then, in the environmental aspect, KAI implements
dengan membuat desain perencanaan/ kebijakan                             mitigation efforts by creating planning/policy designs
(proyek, investasi, proses bisnis, risiko terkait hukum dan              (projects, investments, business processes, legal-related
sebagainya)     antara     lain    dengan       memberikan               risks and so on) including by providing insight
pengembangan wawasan kepada risk owner dalam                             development to risk owners in managing environmental
melakukan pengelolaan risiko lingkungan. Pada aspek                      risks. In the social aspect, especially related to safety risks,
sosial, khususnya terkait risiko keselamatan, KAI                        KAI implements safety risk management in the regions
menerapkan manajemen risiko keselamatan di daerah                        and develops HIRADC (Hazard Identification Risk
dan pengembangan HIRADC (Hazard Identification Risk                      Assessment and Determining Control) through the
Assessment      and    Determining        Control)   melalui             implementation of IBPR (Hazard Identification, Risk
implementasi IBPR (Identifikasi Bahaya, Penilaian dan                    Assessment and Control) using an application that is
Pengendalian Risiko) menggunakan aplikasi yang                           integrated with the risk management information
terintegrasi dengan sistem informasi manajemen risiko                    system ( SMARTKA application).
(Aplikasi SMARTKA).

Identifikasi Risiko Environmental Social Governance                      Identification    of    Environmental,      Social,    and
(ESG) KAI                                                                Governance (ESG) Risks at KAI
KAI telah melakukan identifikasi melalui pendekatan                      KAI has conducted an identification process using the
Environment, Social, and Governance (ESG) terhadap                       Environmental, Social, and Governance (ESG) approach
risiko-risiko yang dihadapi, dengan hasil sebagai berikut:               to assess the risks faced, with the following results:


                                                                                Pengaruh pada
                       Risiko dan Dampak dari Operasional                    Pemangku Kepentingan                 Mitigasi Risiko
  Aspek Aspect
                           Operational Risk and Impact                            Impact on                       Risk Mitigation
                                                                                 Stakeholders

 Lingkungan        Risiko bencana alam dan perubahan iklim dapat           Pelanggan, Mitra,                Melakukan pengecekan
 Environmental     mengganggu operasional bisnis yaitu keselamatan         Masyarakat, Manajemen            berkala setiap hari
                   dan kelancaran perjalanan kereta api sehingga           Customers, Partners,             terhadap infrastruktur
                   berpotensi memberikan dampak negatif terhadap           Community, Management            Conduct periodic checks
                   kinerja keuangan dan keuntungan, prospek                                                 every day of the
                   usaha, serta harga pasar surat berharga                                                  infrastructure
                   The risk of natural disasters and climate change
                   can disrupt business operations and have a
                   negative impact on financial performance and
                   profits, business prospects, and market prices
                   of securities

 Sosial Social     Gangguan stabilitas politik, gejolak sosial, dan        Pelanggan, Mitra,                Monitoring pengaruh
                   keamanan, baik di lingkup domestik maupun               Masyarakat, Manajemen            gejolak sosial politik
                   internasional, yang diakibatkan oleh isu-isu            Customers, Partners,             terhadap rantai pasok alat
                   spesifik, seperti krisis geopolitik, perang dagang,     Community, Management            produksi
                   dan lain sebagainya yang berdampak negatif                                               Monitor the influence of
                   bagi pertumbuhan bisnis, operasi, keadaan                                                socio-political turmoil on
                   keuangan, hasil usaha, rantai pasok alat produksi                                        the supply chain of means
                                                                                                            of production




                                                                         Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                        523
                                                                             Annual and Sustainability Report
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                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




                                                                         Pengaruh pada
                      Risiko dan Dampak dari Operasional              Pemangku Kepentingan              Mitigasi Risiko
  Aspek Aspect
                          Operational Risk and Impact                      Impact on                    Risk Mitigation
                                                                          Stakeholders

                                                                                                   Memperluas cakupan
                                                                                                   pangsa pasar baru
                                                                                                   mencari kemungkinan
                                                                                                   pangsa pasar baru, yang
                                                                                                   dapat menjadi alternatif
                                                                                                   pemasukan baru bagi
                                                                                                   perusahaan
                                                                                                   Expand the scope of new
                                                                                                   market share to seek the
                                                                                                   possibility of new market
                                                                                                   share, which can be an
                                                                                                   alternative for new
                                                                                                   income for the Company

 Tata Kelola      Risiko perubahan regulasi Indonesia atau           Pelanggan, Mitra,             Analisis dampak rencana
 Governance       Internasional yang berdampak terhadap              Masyarakat, Manajemen         regulasi terhadap industri
                  bisnis, kondisi keuangan, kinerja operasional,     Customers, Partners,          transportasi secara umum
                  dan prospek usaha                                  Community, Management         dan khususnya
                  Risk of changes in Indonesian or international                                   perkeretaapian
                  regulations that impact business, financial                                      Analysis of the impact of
                  condition, operational performance and                                           the proposed regulation
                  business prospects                                                               on the transportation
                                                                                                   industry in general and
                                                                                                   the railways in particula




Implikasi Finansial, Risiko, serta Peluang Akibat                  Financial Implications, Risks, and Opportunities Due
Perubahan Iklim [GRI 201-2]                                        to Climate Change [GRI 201-2]
Perseroan memahami bahwa perubahan iklim yang                      The Company understands that global climate change
berlangsung pada skala global telah memberikan dampak              has indirectly impacted KAI's operational activities,
tidak langsung terhadap aktivitas operasi KAI, yang                potentially leading to physical and financial implications.
kemudian memiliki kemungkinan untuk menghadirkan                   In light of this understanding, the Company has regularly
implikasi fisik dan finansial. Atas pemahaman tersebut,            identified, assessed, and managed risks related to
Perseroan telah melakukan identifikasi terhadap bahaya,            climate change. During 2023, there were 45 incidents of
penilaian, dan pengendalian risiko akibat perubahan iklim          train service disruptions caused by natural events related
secara berkala. Selama 2023, terdapat 45 kejadian                  to climate change, such as waterlogging, flooding, and
gangguan perjalanan kereta api yang diakibatkan oleh               landslides.
kejadian alam akibat perubahan iklim seperti genangan
air, banjir, dan longsor.

Atas kesadaran terhadap dampak perubahan iklim, KAI                Aware of the impact of climate change, KAI has identified
telah melakukan identifikasi risiko dan peluang yang               risks and opportunities associated with climate change.
terkait dengan perubahan iklim. Pendekatan yang                    The approach used in this process is the TCFD (Task Force
digunakan dalam proses ini adalah TCFD (Task Force on              on Climate-related Financial Disclosures), which is
Climate-related Financial Disclosures), yang secara                specifically designed to help organizations manage risks
khusus dirancang untuk membantu organisasi dalam                   and opportunities arising from climate change. With a
mengelola risiko dan peluang yang diakibatkan oleh                 better understanding of climate change risks and
perubahan iklim. Dengan pemahaman yang lebih baik                  opportunities, KAI has developed strategies to manage
tentang risiko dan peluang perubahan iklim, KAI                    the impact of climate change and ensure the
mengembangkan strategi untuk mengelola dampak                      sustainability of its business in the future.
perubahan iklim dan memastikan keberlanjutan bisnisnya
di masa depan.




                       Laporan Tahunan dan Keberlanjutan
524                                                                                         PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 525
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Risiko Fisik                                                         Physical Risks


     Risiko Fisik                   Risiko dan Dampak dari Operasional                                      Mitigasi
    Physical Risks                      Operational Risk and Impact                                        Mitigation


 Risiko Kronis         Banjir                                                                 •   Peningkatan sistem drainase dan
 Chronic Risk          Risiko yang terjadi saat curah hujan ekstrem melebihi kapasitas            saluran air di sekitar jalur rel dan
                       saluran air atau sistem drainase, menyebabkan genangan air                 stasiun untuk mengurangi risiko
                       yang dapat mengganggu operasional jalur rel dan stasiun. Hal               genangan air.
                       ini dapat mengakibatkan penundaan atau pembatalan                      •   Monitoring curah hujan secara
                       perjalanan kereta api serta kerusakan pada infrastruktur stasiun           real-time dan peringatan dini
                       dan rel.                                                                   terhadap potensi banjir untuk
                                                                                                  mengambil langkah-langkah
                       Flooding                                                                   pencegahan yang sesuai.
                       The risk occurs when extreme rainfall exceeds the capacity of          •   Pembangunan tanggul untuk
                       drainage channels or systems, causing waterlogging that can                melindungi jalur rel dari
                       disrupt railway operations and stations. This can result in delays         genangan air yang tinggi.
                       or cancellations of train services and damage to station
                       infrastructure and railway tracks.                                     •   Improvement of drainage
                                                                                                  systems and water channels
                                                                                                  around railway tracks and
                                                                                                  stations to reduce the risk of
                                                                                                  waterlogging.
                                                                                              •   Real-time monitoring of rainfall
                                                                                                  and early warnings of potential
                                                                                                  flooding to take appropriate
                                                                                                  preventive measures.
                                                                                              •   Construction of embankments to
                                                                                                  protect railway tracks from high
                                                                                                  levels of waterlogging.

                       Tanah Longsor                                                          •   Pemantauan kondisi geologis
                       Risiko yang terjadi karena hujan deras dan perubahan topografi             dan topografi di sepanjang jalur
                       yang merusak jalur rel atau infrastruktur KAI. Tanah longsor               rel untuk mendeteksi potensi
                       dapat menutup jalur rel, menyebabkan terganggunya layanan                  tanah longsor.
                       kereta api, bahkan menimbulkan bahaya bagi keamanan dan                •   Pemeliharaan vegetasi di sekitar
                       keselamatan penumpang dan pekerja.                                         jalur rel untuk mengurangi erosi
                                                                                                  tanah dan menguatkan lereng.
                       Landslides
                       The risk that occurs due to heavy rainfall and changes in              •   Monitoring geological and
                       topography that damage railway tracks or KAI's infrastructure.             topographical conditions along
                       Landslides can block railway tracks, disrupt train services, and           railway tracks to detect potential
                       pose hazards to the safety and security of passengers and workers.         landslides.
                                                                                              •   Maintaining vegetation around
                                                                                                  railway tracks to reduce soil
                                                                                                  erosion and stabilize slopes.

                       Badai dan Topan                                                        •   Penguatan infrastruktur jalur rel
                       Risiko seperti angin kencang, hujan lebat, dan gelombang tinggi            dan stasiun agar lebih tahan
                       yang terjadi selama badai atau topan dapat menyebabkan                     terhadap angin kencang.
                       kerusakan serius pada rel, stasiun, dan fasilitas KAI. Hal ini dapat   •   Pemeliharaan vegetasi di sekitar
                       mengganggu operasional, bahkan menyebabkan penundaan                       jalur rel untuk mengurangi erosi
                       perjalanan atau pembatalan layanan kereta api.                             tanah dan menguatkan lereng.

                       Storms and Typhoons                                                    •   Monitoring geological and
                       Risks such as strong winds, heavy rain, and high waves during              topographical conditions along
                       storms or typhoons can cause severe damage to tracks, stations,            railway tracks to detect potential
                       and KAI facilities. This can disrupt operations, leading to delays         landslides.
                       or cancellations of train services.                                    •   Maintaining vegetation around
                                                                                                  railway tracks to reduce soil
                                                                                                  erosion and stabilize slopes.




 Risiko Kronis         Peningkatan Suhu                                                       •   Melakukan perawatan rutin pada
 Chronic Risk          Pemanasan global menyebabkan suhu udara secara keseluruhan                 infrastruktur rel, termasuk
                       meningkat, yang dapat mengakibatkan suhu pada jalur rel juga               pengecekan reguler terhadap
                       naik. Peningkatan suhu tersebut dapat menyebabkan kerusakan                kondisi rel dan struktur lainnya
                       pada infrastruktur rel dan menurunkan keandalan layanan,                   untuk memastikan keandalan
                       misalnya, dengan memicu peristiwa seperti penyusutan rel atau              dan keselamatan operasional.
                       pelengkungan jalur.




                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                        525
                                                                        Annual and Sustainability Report
Page 526
                                     Tata Kelola Perusahaan
                                     Good Corporate Governance




       Risiko Fisik                 Risiko dan Dampak dari Operasional                                         Mitigasi
      Physical Risks                    Operational Risk and Impact                                           Mitigation


 Risiko Kronis         Temperature Increases                                                     •   Menggunakan material yang
 Chronic Risk          Global warming causes overall air temperatures to rise, which                 tahan terhadap panas ekstrem
                       can also increase the temperature of railway tracks. Elevated                 untuk pembangunan dan
                       temperatures can damage rail infrastructure and reduce service                pemeliharaan infrastruktur rel
                       reliability, for example, by triggering events such as rail                   guna mengurangi risiko
                       expansion or track warping.                                                   kerusakan akibat suhu yang
                                                                                                     tinggi.

                                                                                                 •   Performing routine maintenance
                                                                                                     on railway infrastructure,
                                                                                                     including regular inspections of
                                                                                                     tracks and other structures to
                                                                                                     ensure operational reliability and
                                                                                                     safety.
                                                                                                 •   - Using materials resistant to
                                                                                                     extreme heat for the
                                                                                                     construction and maintenance of
                                                                                                     railway infrastructure to reduce
                                                                                                     the risk of damage from high
                                                                                                     temperatures.

                       Perubahan Curah Hujan                                                     •   Meningkatkan sistem drainase
                       Perubahan pola hujan dapat menyebabkan banjir yang lebih                      dan saluran air di sepanjang jalur
                       sering atau kekeringan, yang dapat mempengaruhi pasokan                       rel untuk meminimalkan risiko
                       air untuk keperluan operasional KAI. Dimana banjir dapat                      banjir akibat curah hujan
                       merusak jalur rel, stasiun, dan fasilitas lainnya, sementara kekeringan       ekstrem.
                       dapat mempengaruhi ketersediaan air untuk operasi.                        •   Menggunakan sistem
                                                                                                     pemantauan cuaca untuk
                       Changes in Rainfall                                                           mendeteksi potensi hujan deras
                       Changes in rainfall patterns can lead to more frequent flooding               sehingga dapat mengambil
                       or droughts, which can affect water supply for KAI's operations.              tindakan pencegahan lebih awal.
                       Flooding can damage tracks, stations, and other facilities, while
                       droughts can impact water availability for operations.                    •   Improving drainage systems and
                                                                                                     water channels along railway
                                                                                                     tracks to minimize the risk of
                                                                                                     flooding from extreme rainfall.
                                                                                                 •   Using weather monitoring
                                                                                                     systems to detect potential heavy
                                                                                                     rain so that preventive measures
                                                                                                     can be taken in advance.

                       Peningkatan Kejadian Cuaca Ekstrem                                        •   Mempersiapkan rencana
                       Perubahan iklim dapat menyebabkan peningkatan frekuensi                       evakuasi dan penyelamatan yang
                       atau intensitas cuaca ekstrem, seperti badai, topan, atau hujan               bekerjasama dengan pihak
                       deras, yang dapat mengganggu operasi KAI dan menyebabkan                      berwenang setempat untuk
                       kerusakan infrastruktur.                                                      mengatasi situasi darurat akibat
                                                                                                     cuaca ekstrem.
                       Increased Frequency of Extreme Weather Events                             •   Menerapkan sistem pemantauan
                       Climate change can lead to increased frequency or intensity                   cuaca yang canggih untuk
                       of extreme weather events, such as storms, typhoons, or heavy                 mendeteksi dan memantau
                       rainfall, which can disrupt KAI operations and cause                          kejadian cuaca ekstrem sehingga
                       infrastructure damage.                                                        dapat memberikan peringatan
                                                                                                     dini kepada petugas operasional.

                                                                                                 •   Preparing evacuation and rescue
                                                                                                     plans in collaboration with local
                                                                                                     authorities to address emergency
                                                                                                     situations caused by extreme
                                                                                                     weather.
                                                                                                 •    Implementing advanced
                                                                                                     weather monitoring systems to
                                                                                                     detect and track extreme
                                                                                                     weather events, providing early
                                                                                                     warnings to operational staff.




                       Laporan Tahunan dan Keberlanjutan
526                                                                                                  PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 527
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Risiko Transisi                                                     Transition Risks


     Risiko Fisik                                                                                         Mitigasi
                                                  Risiko Risk
    Physical Risks                                                                                       Mitigation


 Risiko Reputasi       KAI menghadapi risiko reputasi terkait dengan kecelakaan,            •   Memperkuat fokus pada
 Reputation Risk       keterlambatan layanan, atau masalah lainnya yang dapat                   keselamatan dan kualitas
                       mempengaruhi persepsi publik terhadap keamanan dan kualitas              layanan untuk meminimalkan
                       layanan perusahaan.                                                      risiko kecelakaan dan
                                                                                                keterlambatan.
                       KAI faces reputational risks related to accidents, service delays,   •   Melakukan komunikasi terbuka
                       or other issues that could affect the public perception of the           dan transparan dengan
                       company's safety and service quality.                                    pelanggan dan masyarakat untuk
                                                                                                memberikan pemahaman yang
                                                                                                jelas tentang tindakan yang
                                                                                                diambil untuk meningkatkan
                                                                                                layanan dan keselamatan.
                                                                                            •   Menerapkan program pelatihan
                                                                                                dan pengawasan yang ketat
                                                                                                untuk meningkatkan kesadaran
                                                                                                dan akuntabilitas dalam praktik
                                                                                                operasional.

                                                                                            •   Strengthening the focus on
                                                                                                safety and service quality to
                                                                                                minimize the risk of accidents
                                                                                                and delays.
                                                                                            •   Maintaining open and
                                                                                                transparent communication with
                                                                                                customers and the public to
                                                                                                provide a clear understanding of
                                                                                                the actions taken to improve
                                                                                                service and safety.
                                                                                            •   Implementing strict training and
                                                                                                supervision programs to enhance
                                                                                                awareness and accountability in
                                                                                                operational practices.

 Risiko Pasar          Perubahan dalam preferensi atau kebutuhan                            •   Melakukan analisis pasar yang
 Market Risk           pasar terhadap transportasi dapat mempengaruhi permintaan                komprehensif untuk memahami
                       terhadap layanan KAI. Misalnya, naiknya minat dalam                      tren, preferensi, dan kebutuhan
                       transportasi massal, atau perkembangan baru dalam teknologi              pelanggan potensial.
                       transportasi dapat mempengaruhi jumlah penumpang atau                •   Diversifikasi layanan dan jaringan
                       kargo yang diangkut oleh KAI. Risiko ini meliputi ketidakpastian         rute untuk mengurangi
                       terkait dengan permintaan pasar, persaingan yang meningkat,              ketergantungan pada segmen
                       dan perubahan dalam lingkungan bisnis eksternal.                         pasar tertentu.
                                                                                            •   Berinovasi dalam
                       Changes in market preferences or needs for transportation can            pengembangan layanan baru
                       impact demand for KAI's services. For example, increasing                atau peningkatan efisiensi
                       interest in mass transit or new developments in transportation           operasional untuk meningkatkan
                       technology could affect the number of passengers or cargo                daya saing perusahaan di pasar
                       transported by KAI. These risks include uncertainties related            yang berubah-ubah.
                       to market demand, increasing competition, and changes in
                       the external business environment.                                   •   Conducting comprehensive
                                                                                                market analysis to understand
                                                                                                trends, preferences, and potential
                                                                                                customer needs.
                                                                                            •   Diversifying services and route
                                                                                                networks to reduce dependence
                                                                                                on specific market segments.
                                                                                            •   Innovating in the development of
                                                                                                new services or improving
                                                                                                operational efficiency to enhance
                                                                                                the company's competitiveness
                                                                                                in a changing market.




                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                    527
                                                                       Annual and Sustainability Report
Page 528
                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




       Risiko Fisik                                                                                      Mitigasi
                                                 Risiko Risk
      Physical Risks                                                                                    Mitigation


 Risiko Hukum &        Perubahan dalam regulasi pemerintah terkait dengan industri         •   Memantau perubahan regulasi
 Kebijakan             perkeretaapian dan isu keberlanjutan dapat mempengaruhi                 secara proaktif dan menyelidiki
 Legal & Policy Risk   operasi KAI.                                                            implikasi potensialnya terhadap
                                                                                               operasi perusahaan.
                       Changes in government regulations related to the railway industry   •   Mengalokasikan sumber daya
                       and sustainability issues could affect KAI's operations.                yang cukup untuk memastikan
                                                                                               kepatuhan penuh terhadap
                                                                                               peraturan yang ada dan
                                                                                               mempersiapkan perusahaan
                                                                                               untuk perubahan yang mungkin
                                                                                               terjadi.

                                                                                           •   Proactively monitoring regulatory
                                                                                               changes and investigating their
                                                                                               potential implications for
                                                                                               company operations.
                                                                                           •   Allocating sufficient resources to
                                                                                               ensure full compliance with
                                                                                               existing regulations and
                                                                                               preparing the company for
                                                                                               potential changes.

 Risiko Teknologi      KAI mungkin mengalami kesulitan dalam mengintegrasikan              •   Melakukan evaluasi teknologi
 Technology Risk       sistem kereta yang lebih canggih atau mengadopsi teknologi              secara teratur untuk
                       yang lebih ramah lingkungan. Risiko ini meliputi biaya tinggi           mengidentifikasi solusi yang
                       untuk investasi dalam teknologi baru, kesulitan dalam                   paling cocok dengan kebutuhan
                       mentransformasikan infrastruktur yang ada, dan potensi gangguan         operasional dan strategi jangka
                       operasional selama periode transisi.                                    panjang perusahaan.
                                                                                           •   Melakukan investasi dalam
                       KAI may face difficulties in integrating more advanced train            pelatihan karyawan untuk
                       systems or adopting more environmentally friendly technologies.         memastikan pemahaman yang
                       These risks include high costs for investing in new technology,         mendalam tentang teknologi
                       challenges in transforming existing infrastructure, and potential       baru yang diadopsi.
                       operational disruptions during the transition period.
                                                                                           •   Conducting regular technology
                                                                                               evaluations to identify solutions
                                                                                               that best fit the operational
                                                                                               needs and long-term strategies
                                                                                               of the company.
                                                                                           •   Investing in employee training to
                                                                                               ensure a deep understanding of
                                                                                               the new technologies being
                                                                                               adopted.




                       Laporan Tahunan dan Keberlanjutan
528                                                                                            PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 529
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Risiko Transisi                                                   Transition Risks


          Sektor Sector                                                     Risiko Risk


 Peningkatan Permintaan             Dengan peningkatan kesadaran akan dampak lingkungan dari transportasi berbasis bahan
 Transportasi Ramah                 bakar fosil, ada peluang bagi KAI untuk menjadi pilihan utama dalam transportasi massal
 Lingkungan                         yang lebih ramah lingkungan, terutama untuk perjalanan jarak menengah dan jauh.
 Increased Demand for
 Environmentally Friendly           With growing awareness of the environmental impact of fossil fuel-based transportation, there
 Transportation                     is an opportunity for KAI to become a leading choice for more environmentally friendly mass
                                    transit, especially for medium and long-distance travel.

 Pengembangan Infrastruktur         KAI dapat memanfaatkan kesempatan untuk mengembangkan infrastruktur yang lebih hijau,
 dan Layanan Hijau                  seperti penggunaan energi terbarukan untuk operasi, pembangunan stasiun kereta ramah
 Development of Green               lingkungan, dan peningkatan layanan kereta api yang efisien dan berkelanjutan.
 Infrastructure and Services
                                    KAI can take advantage of the opportunity to develop greener infrastructure, such as using
                                    renewable energy for operations, constructing environmentally friendly train stations, and
                                    enhancing efficient and sustainable rail services.

 Kemitraan untuk Inovasi            KAI dapat menjalin kemitraan dengan perusahaan teknologi dan inovasi untuk mengembangkan
 Partnerships for Innovation        solusi transportasi yang lebih efisien, termasuk penggunaan teknologi cerdas untuk manajemen
                                    lalu lintas, optimasi rute, dan pengurangan emisi.

                                    KAI can form partnerships with technology and innovation companies to develop more efficient
                                    transportation solutions, including the use of smart technology for traffic management, route
                                    optimization, and emission reduction.

 Peningkatan Keterlibatan           KAI dapat memanfaatkan peluang untuk meningkatkan keterlibatan masyarakat dalam program-
 Masyarakat                         program lingkungan, seperti penanaman pohon, kampanye pengurangan sampah, dan program
 Enhanced Community                 edukasi lingkungan, untuk memperkuat dukungan publik terhadap operasi perusahaan.
 Engagement
                                    KAI can leverage opportunities to increase community involvement in environmental programs,
                                    such as tree planting, waste reduction campaigns, and environmental education programs,
                                    to strengthen public support for the company's operations.




                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                   529
                                                                      Annual and Sustainability Report
Page 530
                                      Tata Kelola Perusahaan
                                      Good Corporate Governance




HUBUNGAN DENGAN PEMANGKU                                                  RELATIONSHIPS WITH STAKEHOLDERS
KEPENTINGAN [OJK E.4] [GRI 2-29]                                          [OJK E.4] [GRI 2-29]
KAI mengidentifikasi pihak-pihak pemangku kepentingan                     KAI identifies stakeholders through mechanisms Focus
melalui mekanisme Focus Group Discussion (FGD),                           Group Discussion (FGD), attended by those responsible
dengan dihadiri oleh para penanggung jawab                                for preparing Sustainability Reports in each division.
penyusunan Laporan Keberlanjutan pada masing-masing                       According to the FGD, identification of stakeholders,
divisi. Sesuai FGD tersebut, identifikasi pemangku                        discussion topics, approach methods, and frequency of
kepentingan, topik pembahasan, metode pendekatan,                         KAI stakeholder involvement are as follows:
hingga frekuensi pelibatan pemangku kepentingan KAI
adalah sebagai berikut:


    Pemangku
                                Topik Pembahasan /                            Metode Pendekatan /                   Frekuensi /
  Kepentingan /
                                  Discussion Topic                            Engagement Method                     Frequency
   Stakeholders

 Pegawai /         Ketenagakerjaan/kesejahteraan / Employment/             Pertemuan berkala /              Minimal 1 (satu) tahun
 Employees         welfare                                                 Regular meeting                  sekali / At least once a
                                                                                                            year

 Pemegang          Kinerja keuangan dan kinerja non-keuangan               Rapat Umum Pemegang              Minimal 1 (satu) tahun
 Saham /           KAI / KAI’s financial and nonfinancial                  Saham / General Meeting of       sekali / At least once a
 Shareholders      performance                                             Shareholders                     year

 Penumpang /       Survei Kepuasan Penumpang / Passenger                   Gathering dan FGD /              Minimal 1 (satu) tahun
 Passengers        Satisfaction Survey                                     Gathering and FGD                sekali / At least once a
                                                                                                            year

 Investor          Investors Site Visit                                    Presentasi dan kunjungan         Minimal 1 (satu) tahun
 Obligasi / Bond                                                           Kerja / Presentations and        sekali / At least once a
 Investo                                                                   work visits                      year

 Pemasok /         Komunikasi 2 (dua) arah dalam rangka                    Rekonsiliasi kebutuhan,          Sesuai kebutuhan / As
 Supplier          penyampaian strategi dan kebijakan termasuk             Sosialisasi aturan baru          needed
                   proses pengadaan barang dan jasa, hubungan              (Jika ada) / Reconciliation of
                   komersial maupun evaluasi kinerja. / Means of           needs, Dissemination of new
                   two-way communication in the context of                 regulations (if any)
                   delivering strategies and policies including the
                   process of procurement of goods and services,
                   commercial relations and performance
                   evaluation.


 Pelanggan         Upaya menjaga relasi antara KAI dengan                  Gathering                        Minimal 1 (satu) tahun
 Angkutan          pelanggan potensial serta masukan positif dari                                           sekali per komoditi / At
 Barang / Cargo    mitra usaha demi peningkatan kinerja. / Effort                                           least once a year for each
 Forwarding        to maintain a strong rapport of KAI and                                                  commodit
 Customers         potential customers as to obtain positive input
                   from partners for performance improvement


                   Pemantauan bersama mitra usaha terhadap                 Task Force                       Minimal 2 (dua) bulan
                   progres realisasi pelaksanaan angkutan serta                                             sekali per komoditi / At
                   komunikasi terkait kendala pelaksanaan                                                   least twice a year for each
                   kegiatan di lapangan guna menentukan solusi                                              commodity
                   atas kendala yang terjadi. / Joint monitoring
                   of partners on the realization progress of the
                   implementation         of    transportation      and
                   discussion on challenges in implementing
                   activities in the field to provide solutions to such
                   challenges

                   Kunjungan ke mitra angkutan barang guna                 Customers Site Visit             Minimal 1 (satu) bulan
                   memberikan kesempatan untuk interaksi di                                                 sekali per mitra / At least
                   antara para pihak untuk mencapai resolusi atau                                           once a month for each
                   penyelesaian atas kendala yang terjadi seperti                                           partner
                   adanya keterlambatan pembayaran angkutan,
                   turunnya volume angkutan dan berbagai
                   kendala yang mungkin terjadi. / Visit to a cargo
                   transport partner to provide an opportunity
                   for interaction between the parties to reach
                   a resolution or settlement of the obstacles that
                   occurred such as delays in payment of
                   transportation, the decrease in the volume of
                   transportation and various challenges that
                   might occur.




                       Laporan Tahunan dan Keberlanjutan
530                                                                                                 PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 531
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




    Pemangku
                               Topik Pembahasan /                          Metode Pendekatan /                Frekuensi /
  Kepentingan /
                                 Discussion Topic                          Engagement Method                  Frequency
   Stakeholders

 Media             Sebagai sarana untuk menjalin silaturahmi guna       Penyelenggaraan Anugerah       1 tahun sekali / Once a
                   membina hubungan baik antara manajemen               Jurnalistik KAI / KAI          year
                   KAI dengan media sebagai sarana untuk                Journalism Award
                   menyampaikan kebijakan-kebijakan perusahaan
                   kepada media. / Means to establish good between
                   KAI management and the media to convey
                   Company policies to the media.

                   Media berperan sangat penting dalam                  Media Gathering                1 tahun sekali / Once a
                   membentuk image Perseroan ataupun                                                   year
                   mensosialisasikan kebijakan Perseroan kepada
                   masyarakat.
                   Sehingga diperlukan wadah untuk menjalin
                   silaturahmi dan harmonisasi yang baik antara
                   Manajemen KAI dengan Media melalui kegiatan
                   Media Gathering. / The media has important
                   role in shaping the Company’s image or
                   disseminating company policies to the public.
                   Hence, a forum was
                   needed to establish good relations and harmony
                   between KAI Management and the Media
                   through Media Gathering.

                   Sebagai ajang silaturahmi bagi Board of Director     Media Visit                    2 bulan sekali / Every two
                   (BOD) KAI dengan Kantor Redaksi Media                                               months
                   terseleksi, yang bertujuan untuk menjalin
                   hubungan baik antara KAI dengan media. /
                   Meeting forum for the Board of Directors (BOD)
                   of KAI and the selected Media Editorial Office
                   in establishing good relations between KAI
                   and the media.

 Railfans          Edukasi dan tukar pikiran antara manajemen           Bincang Santai Railfans        1 bulan sekali / Once a
 (komunitas        KAI dengan para railfans, pembinaan berkala,         (diskusi/                      month
 pecinta kereta    penyampaian informasi terkait perkeretaapian         talk show via zoom) /
 api) / railway    kepada komunitas railfans se-Jawa Sumatera           Railfans
 fan community     dengan pelaksanaan melalui media virtual             Casual Talk (discussion/
                   Zoom. / Education and exchange of ideas              talk show via zoom)
                   between KAI management and railfans, regular
                   coaching, and disclosure of information on
                   railways to the railfan community throughout
                   Java-Sumatra via Zoom
                   virtual media.

                   Silaturahmi serta penyampaian pembinaan              Gathering Railfans             1 tahun sekali / Once a
                   dan pembekalan langsung kepada                                                      year
                   komunitas Railfans (dilaksanakan sebelum
                   masa posko Angkutan Lebaran 2022). /
                   Forum of gathering and providing direct
                   guidance and debriefing to the railfans
                   community (carried out before the 2022 Ied
                   Mubarak Transport post period).




                   Silaturahmi Direksi KAI dengan komunitas             Silaturahmi BOD KAI dengan     1 tahun sekali / Once a
                   Railfans se-Jawa Sumatra, bertujuan untuk            Railfans / Gathering for the   year
                   memperkenalkan dan menjalin hubungan                 BOD of KAI and Railfans
                   baik. / Forum of gathering for the Board of
                   Directors of KAI and Railfans throughout
                   Java-Sumatra for introduction and
                   establishing good relations




                                                                      Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                   531
                                                                          Annual and Sustainability Report
Page 532
                                   Tata Kelola Perusahaan
                                   Good Corporate Governance




    Pemangku
                              Topik Pembahasan /                       Metode Pendekatan /               Frekuensi /
  Kepentingan /
                                Discussion Topic                       Engagement Method                 Frequency
   Stakeholders

                   Pengelolaan Whatsapp Group yang                  Sosialisasi dan Komunikasi    Rutin setiap hari selama
                   beranggotakan Humas Kantor Pusat dan             dengan Railfans se-Jawa       satu tahun / Daily
                   perwakilan Railfans yang sudah terdaftar di      Sumatera / Dissemination      throughout the year
                   Humas Daop Divre. Whatsapp Group diisi           and Communication with
                   dengan pembinaan, penyebaran informasi           Railfans throughout Java
                   kebijakan perusahaan dan diskusi mengenai        and Sumatra
                   KAI. / Management of Whatsapp Group
                   which consisted of Head Office Public
                   Relations and Railfans representatives
                   registered with Public Relations Daop Divre.
                   The Whatsapp Group contains coaching,
                   dissemination of Company policy, and
                   discussions on KAI.




PERMASALAHAN TERHADAP PENERAPAN                                   PROBLEMS WITH THE IMPLEMENTATION OF
KEUANGAN BERKELANJUTAN [OJK E.5]                                  SUSTAINABLE FINANCE [OJK E.5]
Berikut adalah beberapa permasalahan yang dihadapi                The following are some of the problems faced by KAI while
oleh KAI selama menjalankan kinerja keberlanjutan serta           carrying out its sustainability performance and the efforts
upaya yang telah dilakukan untuk mengatasi                        that have been made to overcome these problems:
permasalahan tersebut:

  1. Penggunaan Bahan Bakar Minyak (BBM) dalam                      1. The use of significant amounts of fuel oil (BBM)
     Jumlah Signifikan Berimplikasi Negatif bagi                       has negative implications for the economy,
     Ekonomi, Lingkungan, dan Sosial                                   environment and social
     KAI menyadari bahwa penggunaan BBM yang                           KAI realizes that the use of fuel, which is one of the
     menjadi salah satu sumber energi utama untuk                      main energy sources for operating trains, has various
     mengoperasikan kereta api memiliki berbagai                       implications for sustainability. The characteristics
     implikasi bagi keberlanjutan. Karakteristik BBM                   of fuel as a non-renewable natural resource affect
     sebagai sumber daya alam tak terbarukan                           the guarantee of supply availability in the future. If
     berpengaruh terhadap jaminan ketersediaan                         fuel is continuously used, there is the potential for
     pasokan di masa depan. Apabila BBM terus menerus                  a shortage due to reserves continuing to run low.
     digunakan, maka potensial terjadi kelangkaan
     akibat cadangan yang terus menipis.

      Ketidakseimbangan supply dan demand BBM di                       Imbalance supply and fuel demand at global and
      tingkat global maupun nasional juga berpotensi                   national levels also has the potential to cause fuel
      menyebabkan harga BBM terus menunjukkan tren                     prices to continue to show an upward trend and
      kenaikan dan berdampak pada harga tiket kereta                   have an impact on train ticket prices. Apart from
      api. Selain itu, pembakaran BBM sebagai sumber                   that, burning fuel as an energy source also
      energi juga menghasilkan emisi gas buang yang                    produces    exhaust     emissions   which     cause
      menyebabkan degradasi lingkungan dan berpotensi                  environmental degradation and have the potential
      mengganggu kesehatan manusia.                                    to harm human health.

      Untuk mengatasi permasalahan tersebut, KAI beralih               To overcome this problem, KAI switched to using
      menggunakan bahan bakar alternatif sebagai sumber                alternative fuels as a replacement energy source
      energi pengganti BBM untuk mengoperasikan                        for fuel to operate the train fleet. One of the




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                        Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




     armada kereta api. Salah satu bahan bakar alternatif           alternative fuels that has been used is B35 biodiesel
     yang telah digunakan adalah bahan bakar biodiesel              fuel which consists of diesel oil and biodiesel
     B35 yang terdiri dari minyak solar dan biodiesel               (vegetable sources) in a ratio of 65:35, so it is more
     (sumber nabati) dengan perbandingan 65:35,                     environmentally friendly and its availability is more
     sehingga     lebih    ramah     lingkungan     dan             guaranteed compared to using BBM. Apart from
     ketersediaannya lebih terjamin dibandingkan                    that, KAI also took the initiative to convert the use
     dengan penggunaan BBM. Di samping itu, KAI juga                of fuel to LNG as fuel for train plants.
     berinisiatif mengonversikan penggunaan BBM
     dengan bahan bakar LNG sebagai bahan bakar
     pembangkit kereta api.

  2. Perubahan Iklim yang Ekstrem                                2. Perubahan Iklim yang Ekstrem
     KAI menyadari bahwa saat ini perubahan iklim yang              KAI realizes that currently extreme climate change
     ekstrim telah terjadi dan dampaknya telah dirasakan            has occurred and its impact has been felt by most
     oleh sebagian besar makhluk hidup di planet ini.               living creatures on this planet. Climate change is
     Perubahan iklim tersebut dikarenakan terutama                  caused primarily by Green House Gases (GHG) which
     oleh Gas Rumah Kaca (GRK) yang menjebak energi                 trap solar radiation energy into space so that the
     radiasi balik matahari ke angkasa sehingga suhu                temperature on the Earth's surface increases.
     di permukaan Bumi meningkat.

     Pembakaran bahan bakar fosil sebagai sumber                    Burning fossil fuels as an energy source is one of
     energi merupakan salah satu pemicu tingginya                   the triggers for high carbon emissions. Therefore,
     emisi karbon. Karenanya, salah satu program                    one of the decarbonization programs to reduce the
     dekarbonisasi     untuk   mengurangi      dampak               impact of climate change focuses on the transition
     perubahan iklim berfokus pada transisi penggunaan              to using New Renewable Energy (EBT) sources that
     sumber Energi Baru Terbarukan (EBT) yang lebih                 are cleaner or do not produce carbon at all in the
     bersih atau tidak menghasilkan karbon sama sekali              combustion process.
     pada proses pembakarannya.

     Bentuk upaya dekarbonisasi yang telah dilakukan                The form of decarbonization efforts that KAI has
     KAI adalah implementasi Pembangkit Listrik Tenaga              carried out is the implementation of Solar Power
     Surya (PLTS) atau Solar Panel pada Stasiun Gambir,             Plants (PLTS) or Solar Panels at Gambir Station, the
     Gedung Jakarta Railway Center, 40 Stasiun KAI                  Jakarta Railway Center Building, 40 KAI Stations as
     serta Balai Yasa Manggarai dan Balai Yasa                      well as the Manggarai Yasa Hall and Yogyakarta Yasa
     Yogyakarta. PLTS tersebut dioperasikan melalui                 Hall. The PLTS is operated through a system Solar
     sistem Solar Panel On Grid yang menggabungkan                  Panel On Grid which combines electricity supply
     suplai listrik dari jaringan listrik PLN dan jaringan          from the PLN electricity network and the Solar
     listrik Solar Panel untuk memenuhi kebutuhan                   Panel electricity network to meet electricity needs
     listrik di area operasional.                                   in operational areas.

  3. Tingginya Potensi Terjadinya Risiko Kecelakaan              3. High Potential for Accident Risk
     Sebagai perusahaan yang bergerak di bidang                     As a company operating in the transportation sector,
     transportasi, KAI menyadari tingginya potensi                  KAI is aware of the high potential risk of accidents.
     terjadinya risiko kecelakaan. Beberapa faktor                  Several factors that cause accidents are generally
     penyebab     terjadinya   kecelakaan    umumnya                influenced by internal and external factors,
     dipengaruhi oleh faktor internal maupun eksternal,             including unreliable Rolling Stock, non-standard
     di antaranya sarana tidak andal, prasarana tidak               infrastructure, human error, natural conditions that
     standar, human error, kondisi alam yang terkadang              are sometimes difficult to predict, and the activities
     sulit diprediksi, hingga aktivitas dari beberapa               of several external individuals who are deliberately
     oknum eksternal yang sengaja dilakukan untuk                   carried out to disrupt or even harm train travel.
     mengganggu, bahkan mencelakakan perjalanan
     kereta api.

     Guna meminimalisasi potensi bahaya dari aspek                  In order to minimize potential dangers from
     sarana dan prasarana perkeretaapian, KAI membuat               aspects of railway Rolling Stock and infrastructure,
     prosedur pemeriksaan rutin yang wajib dilakukan                KAI has created routine inspection procedures that
     dalam jangka waktu tertentu untuk mengecek                     must be carried out within a certain period of time
     kelaikan prasarana dan sarana. Pengamatan                      to check the suitability of the infrastructure and
     langsung dengan cara berjalan kaki untuk                       Rolling Stock. Direct observation by foot to check
     mengecek jalur secara detail, bordes-ride/lok-ride             the route in detail, boarding-ride/lok-ride is also
     juga rutin dilakukan untuk memastikan kesiapan                 routinely carried out to ensure the readiness of
     sarana    dan   prasarana   dalam     mendukung                Rolling Stock and infrastructure to support the




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                                                                 Annual and Sustainability Report
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                                  Tata Kelola Perusahaan
                                  Good Corporate Governance




      terciptanya keselamatan perjalanan kereta api.            creation of safe train travel.

      Dari sisi internal, KAI berupaya untuk meningkatkan       From the internal side, KAI strives to improve
      kompetensi dan disiplin pegawai, dimulai dari             employee competency and discipline, starting from
      penyelenggaraan Pendidikan dan Pelatihan (Diklat),        the implementation of Education and Training
      Pendidikan Lapangan (Diklap), Workshop/Forum              (Diklat), Field Education (Diklap), Workshop/Forum
      Group Discussion (FGD), hingga melakukan                  Group Discussion (FGD), to carry out Railway HR
      sertifikasi SDM Perkeretaapian oleh lembaga yang          certification by authorized institutions. KAI has also
      berwenang. KAI juga telah membuat sebuah aplikasi         created an application called Safety Railway
      bernama Safety Railway Information (SRI) untuk            Information (SRI) for reporting potential dangers
      pelaporan potensi bahaya terkait dengan                   related to train operational safety, safety,
      keselamatan operasional kereta api, keselamatan,          occupational health and the environment, both
      kesehatan kerja dan lingkungan, baik unsafe action        unsafe actions and unsafe conditions that could
      maupun         unsafe     condition    yang   dapat       endanger the safety of train travel.
      membahayakan keselamatan perjalanan kereta api.

      Di sisi lain, untuk meminimalisasi potensi bahaya         On the other hand, to minimize potential external
      dari eksternal, KAI rutin melakukan sosialisasi           dangers, KAI routinely carries out safety outreach
      keselamatan kepada masyarakat, memetakan                  to the public, maps areas prone to natural disasters
      daerah-daerah yang rawan bencana alam dan rawan           and prone to incidents of attempts to harm train
      kejadian upaya mencelakakan perjalanan kereta api,        travel, as well as coordinating and collaborating
      serta berkoordinasi dan berkolaborasi dengan              with stakeholder related to minimizing and
      stakeholder terkait untuk meminimalisasi dan              preventing activities that have the potential to cause
      mencegah terjadinya aktivitas yang berpotensi             danger to train travel.
      menimbulkan bahaya bagi perjalanan kereta api.

  4. Perkembangan Industri yang Semakin Masif dan             4. Increasingly Massive and Competitive Industrial
     Kompetitif Mendorong Terciptanya Berbagai                   Development Encourages the Creation of Various
     Inovasi                                                     Innovations
     KAI menyadari bahwa perkembangan industri saat              KAI realizes that industrial developments are
     ini semakin masif dan kompetitif. Selain                    currently increasingly massive and competitive.
     berkembangnya kebutuhan pelanggan atas                      Apart from growing customer needs for
     pelayanan transportasi, kemajuan teknologi juga             transportation services, technological advances also
     mendukung iklim perindustrian menjadi semakin               support an industrial climate that is becoming
     kompleks dan kompetitif. Oleh sebab itu, selaras            increasingly complex and competitive. Therefore,
     dengan komitmen KAI untuk memberikan                        in line with KAI's commitment to providing optimal
     pelayanan transportasi yang optimal dan bernilai            and value-added transportation services for
     tambah bagi para pelanggan, Perseroan terus                 customers, the Company continues to develop a
     mengembangkan sejumlah inovasi. Salah satunya               number of innovations. One of them is improving
     adalah perbaikan prasarana dengan membangun                 infrastructure by building double track trains,
     jalur ganda kereta api, meningkatkan kualitas               improving the quality of railroad materials,
     material jalan rel, meng-upgrade sistem persinyalan,        upgrading signaling systems, engineering curved
     merekayasa geometri lengkung, serta memperbaiki             geometry, and improving the quality of railroad and
     kualitas perawatan jalan rel dan jembatan dalam             bridge maintenance in an effort to shorten train
     upaya mempersingkat waktu tempuh perjalanan                 travel times.
     kereta api.

      Selain    inovasi   pada    layanan,   KAI    juga        Apart from innovation in services, KAI is also
      menggencarkan transformasi digital sebagai                intensifying digital transformation as a spirit to face
      semangat untuk menghadapi era yang semakin                an era that is increasingly sophisticated and
      canggih dan menuntut digitalisasi di segala aspek.        demands digitalization in all aspects. One
      Salah satu wujud transformasi digital ini adalah          manifestation of this digital transformation is by
      dengan mengujicobakan fasilitas face recognition          testing facilities face recognition boarding gate at
      boarding gate di Stasiun Bandung. Hadirnya                Bandung Station. The presence of this innovation
      inovasi ini bertujuan untuk mempermudah                   aims to make it easier for long-distance train
      pelanggan KA Jarak Jauh yang ingin naik kereta            customers who want to take the train, without
      api, tanpa perlu repot-repot menunjukan berbagai          having to bother showing various documents such
      dokumen seperti boarding pass fisik, e-boarding           as physical boarding passes, e-boarding pass, KTP,
      pass, KTP, ataupun dokumen vaksinasi.                     or vaccination documents.

      Sementara di    sisi   internal,   Perseroan              Meanwhile, on the internal side, the Company is
      mengembangkan infrastruktur sistem KAISA (KAI             developing the KAISA (KAI Smart Assistant) and




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534                                                                                 PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 535
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




      Smart Assistant) dan RAPID (Rail Procurement in                     RAPID (Rail Procurement in Digital). KAISA is a smart
      Digital). KAISA adalah assistant pintar dalam                       assistant on a robotic process automation (RPA)
      platform robotic process automation (RPA) yang                      platform that is capable of performing repetitive,
      mampu melakukan pekerjaan secara berulang,                          clerical, routine, manual and large amounts of work.
      klerikal, rutin, manual, dan berjumlah banyak.                      Meanwhile, RAPID is an end to end procurement
      Sementara RAPID merupakan sebuah aplikasi                           application and becomes a procurement supply
      pengadaan end to end dan menjadi rantai pasok                       chain in an effort to increase efficiency, effectiveness
      pengadaan dalam upaya meningkatkan efisiensi,                       and transparency in the process of procuring goods
      efektivitas, serta transparansi pada proses                         and services.
      pengadaan barang dan jasa.

KEBIJAKAN INTERNAL PENERAPAN                                        INTERNAL POLICY IMPLEMENTATION OF KAI
FAKTOR-FAKTOR ESG KAI                                               ESG FACTORS
KAI telah memiliki dan menerapkan sejumlah kebijakan                KAI has and implemented a number of internal policies
internal yang mengatur penerapan faktor-faktor                      that regulate the application of factors Environment,
Environment, Social, and Governance (ESG) pada                      Social, and Governance (ESG) in the Company's
lingkungan Perseroan, dengan perincian yang dapat                   environment, with details which can be seen in the
dilihat pada tabel berikut:                                         following table:

Kebijakan Internal Penerapan Faktor-Faktor ESG KAI                  Internal Policy for Implementing KAI ESG Factors

              Ketentuan Perundang-Undangan                                 Implementasi Dalam Ketentuan Perusahaan
                    Statutory Provisions                                 Implementation within the Company’s Provisions

                                                  Amdal/Izin Lingkungan
                                     Environmental Impact Analysis/Environmental Permit

 1. Undang-Undang Nomor 32 Tahun 2009 Tentang Perlindungan         Peraturan Direksi Nomor PER.U/KL.104/X/2/KA-2018 tentang
    dan Pengelolaan Lingkungan Hidup / Law No. 32 of 2009          Pedoman Penyusunan Dokumen Lingkungan Hidup Izin
    concerning Environmental Protection and Management             Lingkungan / Board of Directors Regulation No. PER.U/KL.104/
 2. Peraturan Pemerintah No.27 Tahun 2012 Tentang Izin             X/2/KA-2018 concerning Guidelines for Preparing Environmental
    Lingkungan / Government Regulation No. 27 of 2012 Concerning   Documents for Environmental Permits
    Environmental Permits

 1. Peraturan Menteri LH Nomor 13 Tahun 2010 Tentang UKL-UPL       1. Peraturan Direksi Nomor PER.U/KL.104/X/2/KA-2018 tentang
    dan SPPL / Minister of Environment Regulation No. 13 of 2010      Pedoman Penyusunan Dokumen Lingkungan Hidup dan Izin
    concerning UKL-UPL and SPPL                                       Lingkungan / Board of Directors Regulation No. PER.U/KL.104/
 2. Peraturan Menteri LH No.16 Tahun 2012 Tentang Pedoman             X/2/KA-2018 concerning Guidelines for Preparing Environmental
    Penyusunan Dokumen Lingkungan Hidup / Minister of                 Documents and Environmental Permits
    Environment Regulation No. 16 of 2012 concerning Guidelines    2. Instruksi   Direksi    Nomor     6/PR.904/KA-2011     tentang
    for Preparing Environmental Documents                             Pembuatan Dokumen Pengelolaan Lingkungan Hidup (DPLH)
                                                                      atau Dokumen Evaluasi Lingkungan Hidup (DELH) / Board
                                                                      of Directors Instruction No. 6/PR.904/KA-2011 concerning the
                                                                      Preparation of Environmental Management Documents (DPLH)
                                                                      or Environmental Evaluation Documents (DELH)

                                                             Limbah
                                                              Waste

 Peraturan Pemerintah Nomor 101 tentang Pengelolaan Limbah         Keputusan Direksi Nomor KEP.U/KS.101/IV/1/KA-2017 tentang
 Bahan Berbahaya dan Beracun (B3) / Government Regulation          Pengelolaan Limbah di Daerah Operasi, Divisi Regional, Balai
 No. 101 concerning Management of Hazardous and Toxic Waste        Yasa, Gudang Persediaan dan Anak Perusahaan / Decree of the
 (B3)                                                              Board of Directors No. KEP.U/KS.101/IV/1/KA2017 concerning Waste
                                                                   Management in Operational Areas, Regional Divisions, Balai
                                                                   Yasa, Supply Warehouses and Subsidiaries

 Peraturan Pemerintah No. 82 Tahun 2001 Tentang Pengelolaan        Instruksi No. 2/KM.203/KA-2017 tentang Pengelolaan Pekerjaan
 Kualitas Air dan Pengendalian Pencemaran Air / Government         Instalasi Pengolahan Air Limbah (IPAL) / Instruction No. 2/
 Regulation No. 82 of 2001 concerning Water Quality Management     KM.203/KA-2017 concerning Management of Wastewater
 and Water Pollution Control                                       Treatment Plant (IPAL) Works

                                                                   Keputusan Direksi No. KEP.U/PL/402/VII/2/KA-2012 tentang
                                                                   Petunjuk Pelaksanaan Tata Cara Penghapusan dan Penjualan
                                                                   Barang Limbah di Lingkungan PT Kereta Api Indonesia
                                                                   (Persero) / Decree of the Board of Directors No. KEP.U/PL/402/
                                                                   VII/2/KA-2012 concerning Guidelines for the Implementation
                                                                   of Procedures for the Elimination and Sale of Waste Goods in
                                                                   the Environment of PT Kereta Api Indonesia (Persero)




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                                     Tata Kelola Perusahaan
                                     Good Corporate Governance




              Ketentuan Perundang-Undangan                                 Implementasi Dalam Ketentuan Perusahaan
                     Statutory Provisions                                Implementation within the Company’s Provisions

                                                             Emisi
                                                            Emission

 Peraturan Presiden Nomor 98 Tahun 2021 tentang Penyelenggaraan
 Nilai Ekonomi Karbon Untuk Pencapaian Target Kontribusi yang
 Ditetapkan Secara Nasional dan Pengendalian Emisi Gas Rumah
 Kaca Dalam Pembangunan Nasional / Presidential Regulation
 No. 98 of 2021 concerning Implementation of Carbon Economic
 Value to Achieve Nationally Determined Contribution Targets
 and Control of Greenhouse Gas Emissions in National Development

                                                           Tata Kelola
                                                           Governance

 Peraturan Menteri BUMN Nomor 2/MBU/03/2023 tentang                Peraturan Direksi Nomor PER.KL/KL.104/VIII//1/KA-2022
 Pedoman Tata Kelola Kegiatan Korporasi Signifikan / Minister      tentang Pedoman Tata Kelola Data (Data Governance) /
 of SOEs Regulation No. 2/ MBU/03/2023 concerning                  Board of Directors Regulation No. PER.KL/ KL.104/VIII//1/KA-
 Guidelines for the Governance of Significant Corporate            2022 concerning the Guidelines for Data Governance
 Activities

                                                                   Peraturan Direksi Nomor PER.U/KC.202/XII/1/KA-2020 tentang
                                                                   Pedoman Tata Kelola Perusahaan Yang Baik (Good Corporate
                                                                   Governance) / Board of Directors Regulation No. PER.U/KC.202/
                                                                   XII/1/KA-2020 concerning the Guidelines for Good Corporate
                                                                   Governance

                                                              Sosial
                                                              Social

 Peraturan Menteri BUMN Nomor 1/MBU/3/2023 Tentang Penugasan       Peraturan Direksi Nomor PER.U/KP.502/XII/1/KA-2022 tentang
 Khusus dan Tanggung Jawab Sosial dan Bina Lingkungan / Ministry   Tanggung Jawab Sosial dan Lingkungan / Board of Directors
 of SOEs Regulation No. 1/MBU/3/2023 concerning Special            Regulations No. PER.U/ KP.502/XII/1/KA-2022 concerning Corporate
 Assignment and Social Responsibility and Community                Social and Environmental Responsibilities
 Development




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536                                                                                            PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 537
                                        Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




TATA KELOLA TEKNOLOGI INFORMASI
INFORMATION TECHNOLOGY GOVERNANCE

Seiring dengan komiten KAI mewujudkan visi perusahaan                              In line with KAI's commitment to realizing its vision of
untuk “Menjadi Solusi Ekosistem Terbaik di Indonesia”,                             "Becoming the Best Ecosystem Solution in Indonesia,"
KAI telah menetapkan sejumlah strategi yang diharapkan                             KAI has established several strategies aimed at enhancing
mendorong peningkatan kualitas layanan bagi pelanggan,                             service quality for customers, internal business
operasional bisnis internal perusahaan, serta perluasan                            operations, and expanding synergistic partnership
kerja sama kemitraan yang sinergis. Selain itu, KAI secara                         collaborations. Additionally, KAI continuously pursues
konsisten     terus    mengusahakan       inovasi     dan                          innovation and business development to support the
pengembangan bisnis untuk mendukung pertumbuhan                                    company's growth and resilience. All these strategies
dan ketahanan bisnis perusahaan. Seluruh strategi                                  require the support of Information Technology (IT).
tersebut membutuhkan dukungan Teknologi Informasi                                  Therefore, the presence of IT functions is essential for
(TI). Untuk itu, keberadaan fungsi TI menjadi mutlak                               each company, including KAI. This enables the company
harus dipenuhi oleh masing-masing perusahaan,                                      to respond to unexpected challenges and seize new
termasuk KAI. Dengan begitu, perusahaan dapat                                      opportunities.
merespons tantangan-tantangan yang mungkin hadir
secara tak terduga, serta menangkap peluang-peluang
baru.

Di sisi lain, penggunaan TI tidak hanya menghadirkan                               On the other hand, the use of IT not only provides benefits
nilai manfaat tetapi juga menghadirkan risiko yang perlu                           but also presents risks that need to be seriously
diantisipasi secara serius. Memahami hal tersebut, KAI                             anticipated. Understanding this, KAI implements good
menerapkan Tata Kelola TI yang baik. Sehingga, nilai                               IT Governance to ensure that the benefits of IT usage are
manfaat dari penggunaan TI dapat diperoleh secara                                  maximized while managing the risks optimally.
optimal, dan pada saat yang sama, risiko-risiko yang
ditimbulkan dapat dikelola secara optimal

Profil Direktorat Teknologi Informasi                                              Profile of the Information Technology Directorate
Keberadaan Unit Sistem Informasi diatur berdasarkan                                The existence of the Information Systems Unit is regulated
Peraturan Direksi PT Kereta Api Indonesia (Persero) Nomor                          based on the Board of Directors Regulation of PT Kereta
PER.U/KO.104/I/3/KA-2022 tentang Organisasi dan Tata                               Api Indonesia (Persero) Number PER.U/KO.104/I/3/KA-2022
Laksana Direktorat Keuangan dan Manajemen Risiko,                                  concerning the Organization and Implementation of the
dengan penjabaran sebagai berikut:                                                 Directorate of Finance and Risk Management, with the
                                                                                   following details:


                                                                   DIVISION HEAD OF
                                                                 INFORMATION SYSTEM
                                                                          (KI)




    SUBDIVISION HEAD OF IT       SUBDIVISION HEAD OF IT          SUBDIVISION HEAD OF IT            SUBDIVISION HEAD OF
                                                                                                                             TICKETING PROJECT
   PLANING AND GOVERNANCE       DESIGN AND GOVERNANCE                  OPRATION                ENTERPRISE RESOUCE PLANNING
                                                                                                                                 DIRECTOR
             (KIP)                        (KID)                           (KIO)                            (KIR)




    SECTIONHEAD OF IT PLANING     SECTIONHEAD OF ANALYSIS         SECTIONHEAD OF NETWORK             SECTION HEAD OF ERP     TICKETING PROJECT
        AND ARCHITECTURE                AND DESIGN                 AND SECURITY OPERATION                  FINANCE               MANAGER
              (KIPP)                      (KIDA)                           (KION)                           (KIRF)




      SECTIONHEAD OF IT PMO           SECTIONHEAD OF                  SECTION HEAD OF IT             SECTION HEAD OF ERP
       AND BUDGET CONTROL              DEPELOPMENT               APPLICATION AND DATA CENTER               LOGISTIC          GROUP OF ENGINER
              (KIP)                        (KIDD)                           (KIDA)                          (KIRL)




     SECTIONHEAD OF IT POLICE                                       SECTIONHEAD OF SERVICE
                                  SECTIONHEAD OF QUALITY                                             SECTION HEAD OF ERP
         AND COMPILIANCE                                          DESK, END USER SUPPORT AND
                                CONTROL AND IMPLEMENTATION         PERFORMANCE REPORTING               HUMAN RESOURCE
              (KIPC)                      (KIDC)                                                            (KIRH)
                                                                             (KIOS)
                                                                                                                             PROJECT TECNICAL
                                                                                                                                 WRITER



                                                                   BAGIAN SISTEM INDORMASI           SECTION HEAD OF ERP
                                                                  DAOP, DIVRE DAN BALAI YASA        SUPPORT AND OPRATION
                                                                                                            (KIRS)




                                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                537
                                                                                      Annual and Sustainability Report
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                                 Tata Kelola Perusahaan
                                 Good Corporate Governance




Vice  President  Corporate Social  Responsibility             The Information Systems Division is an organizational
melaksanakan tugas dan tanggung jawab dengan                  unit under the Director of Finance and Risk Management,
didukung oleh 2 (dua) Manager, dengan penjelasan              led by the Division Head of Information Systems, with
sebagai berikut:                                              the following tasks:

   1. Menetapkan      perencanaan     dan   melakukan            1. Establishing planning and controlling related to
      pengendalian terkait tata kelola, pengembangan,               governance, development, services, and operations
      layanan dan operasional sistem informasi;                     of information systems;
   2. Menetapkan      perencanaan     dan   melakukan            2. Establishing planning and controlling related to the
      pengendalian terkait pengembangan teknologi                   development of data technology and ticketing
      data dan sistem tiket;                                        systems;
   3. Menyelenggarakan pembinaan sistem informasi di             3. onducting information systems development in
      Anak Perusahaan agar selaras dengan arah                      Subsidiaries to align with the direction of
      pengembangan sistem informasi yang ditetapkan                 information systems development set by the
      oleh Perusahaan.                                              Company.
Divisi Information System membawahi Subdivisi IT              The Information Systems Division oversees the IT
Planning and Governance, Subdivisi IT Design and              Planning and Governance Subdivision, IT Design and
Development, Subdivisi IT Operation, Subdivisi                Development Subdivision, IT Operation Subdivision,
Enterprise Resource Planning, dan Ticketing Project           Enterprise Resource Planning Subdivision, and Ticketing
Director. Selain itu, terdapat perwakilan unit sistem         Project Director. Additionally, there are representatives
informasi di daerah meliputi Daerah Operasi, Divisi           of the information systems unit in the regions, including
Regional, dan Balai Yasa.                                     the Operating Areas, Regional Divisions, and Balai Yasa.

Divisi Information System bekerja sesuai Rencana              The Information Systems Division operates in accordance
Jangka Panjang Perusahaan 2020-2024, IT Master Plan,          with the Company's Long-Term Plan 2020-2024, IT Master
dan IT Governance.                                            Plan, and IT Governance.




                                                           ISO 27001
   RJPP                                                    MATURITY LEVEL
                                                                                                               ITMP

                                                                                            Portofolio
                                                                                            Management


                                                                                                                    Project
                                                                                                                    Execution




                                                            Demand




                                                                                                                    Time & Cost
                                                                              Resource
                                                                                                                    Management
                                                                             Utilization

                                                                 Service




  a. Rencana Jangka Panjang Perusahaan Rencana                   a. Company Long-Term Plan The Company's Long-
     Jangka Panjang Perusahaan periode 2020-2024                    Term Plan for the period 2020-2024 includes the
     meliputi strategi bisnis perusahaan guna                       company's business strategies to realize its vision
     mewujudkan visi dan misi Perseroan termasuk                    and mission, including strategies related to
     strategi terkait Teknologi Informasi.                          Information Technology.
  b. IT Master Plan Teknologi Informasi merupakan                b. IT Master Plan The IT Master Plan is an elaboration
     penjabaran dari RJPP untuk program strategis                   of the Long-Term Corporate Plan (RJPP) for strategic
     Teknologi Informasi sesuai dengan periode RJPP                 Information Technology programs in line with the
     2020-2024.                                                     RJPP period 2020-2024.
  c. IT Governance IT Governance untuk mendukung                 c. IT    Governance      IT   Governance      supports
     proses bisnis Teknologi Informasi, dengan kebijakan            Information Technology business processes, with
     yang ditetapkan berdasarkan framework COBIT,                   policies established based on the COBIT framework,
     ISO 27001, TOGAF serta best practice lainnya ISO               ISO 27001, TOGAF, and other best practices. ISO
     27001 dan Maturity Level diterapkan sebagai                    27001 and Maturity Level are applied as evaluations
     evaluasi dalam pelaksanaan tata kelola Teknologi               in the implementation of Information Technology
     Informasi.                                                     governance.




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                                         Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




VISI DAN MISI TEKNOLOGI INFORMASI                                                           INFORMATION TECHNOLOGY AND MISSION

                                      Mengaktifkan peningkatan layanan, keselamatan, dan efisiensi yang berkelanjutan melalui dorongan
  Visi Vision                         pengembangan teknologi.

                                      Enable continuous improvement in services, safety, and efficiency through the promotion of technology development.


                                                1                             2                                  3                                 4                               5
 Strategi Teknologi KAI
 KAI Technology Strategy
                                      Menggunakan teknologi            Mengoptimalkan                  Menggunakan dataset               Mendorong teknologi            Mendorong literasi dan
                                       untuk meningkatkan              teknologi untuk                   untuk mendukung               sebagai potensi strategis        budaya digital perusa-
                                       Customer Experience           meningkatkan operasi              pembuatan keputusan              untuk KAI digital office                haan
                                                                      KA & operasional TI              yang lebih baik melalui
                                        Using technology to                                                 data analitik               Encouraging technology           Encouraging company
                                        improve Customer            Optimizing technology to                                           as a strategic potential for    digital literacy and culture
                                            Experience              improve KA operations &           Using datasets to support             KAI digital office
                                                                         IT operations                 better decision making
                                                                                                       through data analytics




  Kemampuan yang dibutuhkan
  untuk mewujudkan strategi                                                                 Modernisasi KAI digital channel
                                                                                         Modernization of the KAI digital channel
  Skills needed to implement the
  strategies:                                                           Aplikasi enterprise bersifat modular serta andal dan berskalabilitas
                                                                      Enterprise applications that are modular as well as reliable and scalable

         Customer Centric
                                                                                                        Arsitektur Data
                                                                                                       Data Architecture
         Pengembangan Teknologi dan
         Management
         Technology Development and
         Management                                                              Optimalisasi integrasi, jaringan dan infrastruktur TI
                                                                             Optimization of Integration, network, and infrastructure of IT
         Proactive Stakeholder
         Management
                                                                                        Ketahanan dan keandalan cyber security
                                                                                         Cyber security resilience and reliability



 Pengembangan internal
 untuk mendukung strategi                                                                                                                                             Sistem, Proses, Prosedur
                                                                                     KPI & Matrik
 Internal development to                 Struktur Organisasi
                                                                                      KPI & Matrix
                                                                                                                                  Tata Kelola                               dan Standar
                                       Organizational Structure                                                                   Governance                          System, Process,Procedure
 support strategy                                                                  (RAFs parameter)
                                                                                                                                                                           and Standards




Penerapan Tata Kelola Teknologi Informasi KAI                                               Implementation of KAI Information Technology
                                                                                            Governance
  1. Master Plan Teknologi Informasi Perusahaan telah                                         1. Information Technology Master Plan The
     menetapkan Master Plan Teknologi Informasi 2020-                                            company has established the Information
     2024 yang selaras dengan Rencana Jangka Panjang                                             Technology Master Plan 2020-2024, which is aligned
     Perusahaan dengan Pencapaian Program Strategis                                              with the Company's Long-Term Plan and the
     Tahun 2023.                                                                                 Achievement of Strategic Programs for 2023.
  2. IT Governance Perusahaan telah menetapkan                                                2. IT Governance The company has established
     pedoman Tata Kelola Teknologi Informasi melalui                                             guidelines for IT Governance through the Board of
     Keputusan Direksi terkait Kebijakan Umum Tata                                               Directors' Decree on General Policies of IT
     Kelola Teknologi Informasi (IT Governance) dan                                              Governance and IT Policies and Procedures, along
     Kebijakan dan Prosedur Teknologi Informasi (IT                                              with their related documents, which refer to
     Policy) beserta dokumen turunannya mengacu                                                  Information Security.
     pada Keamanan Informasi.
  3. Komite Teknologi Informasi Perusahaan telah                                               3. Information Technology Committee                 The
     menetapkan Komite Teknologi Informasi untuk                                                  company has established the Information
     mendukung        bisnis      perusahaan       dalam                                          Technology Committee to support the company's
     pengembangan teknologi yang selaras dengan                                                   business in technology development aligned with
     kebutuhan bisnis. Komite Teknologi Informasi telah                                           business needs. The Information Technology
     melaksanakan tugas dan tanggung jawab melalui                                                Committee has carried out its duties and
     penyelenggaraan        rapat,     dengan      materi                                         responsibilities through meetings, discussing
     pembahasan mencakup perencanaan strategis                                                    topics such as strategic information technology
     teknologi informasi, tata kelola teknologi informasi                                         planning, IT governance, and information
     serta rencana investasi teknologi informasi.                                                 technology investment plans.
  4. Keamanan Siber Perusahaan telah membentuk                                                 4. Cyber Security The company has formed a Cyber
     Tim Tanggap Insiden Siber (CSIRT) untuk                                                      Security Incident Response Team (CSIRT) to provide
     memberikan layanan serta penanganan keamanan                                                 responsive and professional cybersecurity and
     dan ketahanan siber yang responsif dan profesional.                                          resilience services. The CSIRT performs duties and
     Tim Tanggap Insiden Siber (CSIRT) melaksanakan                                               responsibilities in handling cyber incidents,
     tugas dan tanggung jawab dalam penanganan                                                    conducting cybersecurity awareness programs, and
     insiden siber, sosialisasi keamanan siber, serta                                             coordinating with external parties in handling cyber




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                                    Tata Kelola Perusahaan
                                    Good Corporate Governance




     berkoordinasi dengan pihak eksternal Perusahaan                 incidents.
     dalam penanganan insiden siber
  5. Perlindungan     Data  Pribadi       Perusahaan              5. Personal Data Protection As a personal data
     merupakan pengendali data pribadi mengharuskan                  controller, the company must comply with Law No.
     patuh terhadap UU no 27 Tahun 2022 tentang                      27 of 2022 concerning Personal Data Protection.
     Perlindungan Data Pribadi. Sehingga Perusahaan                  Therefore, the company has formed a Personal Data
     telah membentuk Tim Penyiapan Penerapan                         Protection Implementation Preparation Team,
     Perlindungan Data Pribadi, menyusun Peraturan                   drafted the Board of Directors Regulation on
     Direksi Perlindungan Data Pribadi dan menyusun                  Personal Data Protection, and prepared the Record
     ROPA (Record of Processing Activities).                         of Processing Activities (ROPA).

Penerapan Tata Kelola Teknologi Informasi mencakup              Implementation of Information Technology Governance
dilakukannya efektivitas melalui asesmen maupun                 includes the effectiveness through assessments and
sertifikasi, antara lain:                                       certifications, such as:
   1. ISO 27001 Sistem Manajemen Keamanan                          1. ISO 27001 Information Security Management
      Informasi Dalam penyelenggaraan Tata Kelola                     System      In   implementing       IT   Governance,
      Teknologi      Informasi,     keamanan      informasi           information security is a crucial aspect. IT
      merupakan aspek yang sangat penting. Kinerja Tata               Governance performance will be disrupted if the
      Kelola IT akan terganggu jika informasi Perusahaan              company's information encounters security issues
      mengalami masalah keamanan terkait aspek                        related to Confidentiality, Integrity, and Availability.
      Confidentiality,     Integrity,   dan    Availability.          Information Security implementation has been
      Implementasi Keamanan Informasi dilakukan sejak                 carried out since 2013 through ISO 27001
      2013 melalui sertifikasi ISO 27001. Untuk tahun 2023            certification. For 2023, the company successfully
      Perusahaan berhasil mempertahankan sertifikasi                  maintained the certification through a Surveillance
      melalui Surveillance Audit pada bulan Mei 2023 oleh             Audit in May 2023 by the Certification Body CBQA
      Badan Sertifikasi CBQA Global.                                  Global.
   2. Asesmen IT Maturity Level Asesmen IT Maturity                2. IT Maturity Level Assessment The IT Maturity Level
      Level     merupakan       salah  satu    pengukuran             Assessment is one measure of the effectiveness of
      efektivitas Tata Kelola Teknologi Informasi mengacu             IT Governance, referring to the COBIT framework.
      pada framework COBIT. Untuk tahun 2023                          In 2023, the company conducted an IT Maturity
      Perusahaan telah melakukan Asesmen IT Maturity                  Level Assessment by an Independent Consultant
      Level oleh Konsultan Independen dengan skor 3,67                with scores of 3.67 (24 GAMO) and 3.60 (30 GAMO).
      (24 GAMO) dan 3.60 (30 GAMO). Perusahaan telah                  The company has achieved the minimum target of
      mencapai target minimal 3 sehingga diharapkan                   3 and is expected to evaluate the impact of IT
      untuk melakukan evaluasi dampak investasi TI                    investments in 2023 on the company's business as
      tahun 2023 terhadap bisnis Perusahaan sebagai                   follows:
      berikut:
        a. Big Data Analytic, dapat meningkatkan                       a. Big Data Analytics, can enhance strategic
           pengambilan keputusan strategis manajemen                      management decision-making based on actual
           berdasarkan data actual, mempermudah                           data, facilitate progress monitoring, and speed
           monitoring progress dan penyajian pelaporan                    up reporting to be faster, up-to-date, and real-
           menjadi lebih cepat, up to date dan real time.                 time.
        b. Transformasi Digital, dengan penerapan insight              b. Digital Transformation, by implementing
           di beberapa bidang memberikan dampak                           insights in various areas, it impacts such as
           antara lain optimalisasi penetapan harga                       optimizing passenger fare setting, a new model
           angkutan penumpang (Passenger), new model                      of Balai Yasa reducing overhaul days from 23
           Balai Yasa dapat mengurangi Hari Balai Yasa                    to 11.5 for P24 (Rolling Stock), improving
           dari 23 menjadi 11.5 untuk Overhaul P24 (Rolling               procurement performance through business
           Stock), meningkatkan kinerja Procurement                       process changes, organizational structure
           melalui perubahan proses bisnis, struktur                      adjustments, SOP adjustments, and using
           organisasi, penyesuaian pedoman/SOP, serta                     electronic procurement applications, and
           penggunaan aplikasi pengadaan secara                           Assessment Insight Driven Organization (IDO)
           elektronik,    Assessment      Insight    Driven               for implementing digital transformation in
           Organization (IDO) untuk implementasi                          infrastructure.
           transformasi digital Prasarana (Infrastructure).
        c. Lisensi SAP, dengan penggunaan SAP modul                    c. SAP Licensing: Using officially licensed SAP
           Finance, Human Resource dan Logistics                          modules for Finance, Human Resources, and
           berlisensi resmi dapat mendukung bisnis                        Logistics can optimally support the company's
           Perusahaan secara optimal dengan full                          business with a full package of modules
           package modul baik update version, patch                       including updates, patches, and maintenance
           maupun maintenance support dari principal                      support    from    the   principal,   ensuring
           serta comply terhadap Undang Undang Hak                        compliance with copyright laws.
           Cipta.



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                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




       d. Asesmen Indonesia Industry Readiness Index                    d. Indonesia Industry Readiness Index 4.0 (INDI
          4.0 (INDI 4.0): Assessment INDI 4.0 dilakukan                    4.0) Assessment: The INDI 4.0 assessment was
          tahun 2022 oleh Asesor dari Balai Besar Bahan                    conducted in 2022 by assessors from the Center
          dan Barang Teknik (B4T) dengan skor INDI 4.0                     for Materials and Technical Goods (B4T) with
          sebesar 3.35.                                                    an INDI 4.0 score of 3.35.

Masterplan Teknologi Informasi                                   Information Technology Masterplan
Sebagai entitas BUMN, Perseroan diwajibkan untuk                 As a state-owned enterprise, the Company is required
memiliki Master Plan TI berjangka waktu yang di-review           to have an IT Masterplan with a set period that is reviewed
secara periodik. Hal tersebut didasarkan pada Peraturan          periodically. This requirement is based on the Ministry
Menteri BUMN Nomor PER-02/MBU/2013 tentang Panduan               of SOE Regulation No. PER-02/MBU/2013 regarding the
Penyusunan Pengelolaan Teknologi Informasi Badan                 Guidelines for Information Technology Management of
Usaha Milik Negara dan perubahannya melalui Peraturan            State-Owned Enterprises and its amendments through
Menteri BUMN Nomor PER03/MBU/02/2018. Lebih dari                 Ministry of SOE Regulation No. PER03/MBU/02/2018.
itu, keberadaan Master Plan TI selaras dengan ketentuan          Furthermore, the existence of the IT Masterplan aligns
di dalam Surat Kementerian BUMN Nomor S-949/MBU/                 with the provisions in the Ministry of SOE Letter No. S-
10/2020 perihal tindak lanjut Aspirasi Pemegang Saham            949/MBU/10/2020 regarding the follow-up on Shareholder
(APS) terkait Teknologi dan Teknologi Informasi Tahun            Aspirations (APS) related to Technology and Information
2021 khusus bidang Teknologi Informasi.                          Technology for the year 2021, specifically in the field of
                                                                 Information Technology.

KAI telah memiliki Master Plan TI 2020-2024 sebagai              KAI has established an IT Masterplan for 2020-2024 as a
rencana strategis pengembangan Teknologi Informasi               strategic plan for the development of Information
untuk periode 2020 sampai dengan 2024, yang diterapkan           Technology for the period from 2020 to 2024, which is
selaras dengan RJPP Perusahaan 2020-2024. Master Plan            implemented in alignment with the Company’s Long-
TI 2020- 2024 dijabarkan menjadi sejumlah aspek                  Term Plan (RJPP) 2020-2024. The IT Masterplan 2020-2024
implementasi, sebagai berikut:                                   is detailed into several implementation aspects, as
                                                                 follows:
   1. Business & IT Assessment, meliputi arahan strategis           1. Business & IT Assessment, includes strategic business
      bisnis baik internal maupun eksternal serta                      directions both internal and external, as well as the
      gambaran kondisi TI yang telah berjalan;                         current state of IT operations.
   2. Penyelarasan bisnis dan IT, meliputi penyelarasan             2. Business and IT Alignment, covers the alignment
      strategi bisnis maupun fungsional bisnis dengan                  of business and functional strategies with
      Teknologi Informasi;                                             Information Technology.
   3. IT Maturity, meliputi pengukuran kematangan tata              3. IT Maturity, involves measuring the maturity of IT
      Kelola Teknologi Informasi berdasarkan framework                 governance based on COBIT and Gartner
      COBIT maupun Gartner;                                            frameworks.
   4. Desain       Enterprise     Architecture,      meliputi       4. Enterprise Architecture Design, eEncompasses the
      penggambaran Teknologi Informasi ke dalam                        depiction     of   Information    Technology      into
      arsitektur baik dari segi aplikasi, teknologi, maupun            architecture, including application, technology, and
      tata Kelola Teknologi Informasi;                                 IT governance aspects.
   5. Analisis Kesenjangan, merupakan GAP Assessment                5. Gap Analysis, represents a Gap Assessment from
      dari segi aplikasi, infrastruktur maupun tata Kelola             the perspectives of applications, infrastructure, and
      Teknologi Informasi;                                             IT governance.
   6. Potensi Inisiatif, meliputi inisiatif segi aplikasi,          6. Potential Initiatives, covers initiatives related to
      infrastruktur maupun tata Kelola Teknologi                       applications, infrastructure, and IT governance.
      Informasi;
   7. Analisis Prioritas dan Portofolio, meliputi penentuan         7. Priority and Portfolio Analysis, includes the
      prioritas inisiatif beserta rencana implementasi                  determination of initiative priorities and the
      tahun 2020-2024;                                                  implementation plan for 2020-2024.
   8. Roadmap Digitalisasi Teknologi Informasi, meliputi            8. IT     Digitalization  Roadmap,       includes   the
      program digitalisasi tahun 2020-2024 sesuai dengan                digitalization program for 2020-2024 in accordance
      inisiatif IT Master Plan;                                         with the IT Master Plan initiatives.
   9. Resume estimasi biaya implementasi dan                        9. Cost and Expert Resource Estimates, provides
      kebutuhan tenaga ahli tahun 2020-2024 baik dari                   estimates of implementation costs and expert needs
      segi aplikasi, teknologi, maupun tata Kelola                      for 2020-2024 in terms of applications, technology,
      Teknologi Informasi.                                              and IT governance.
Dokumen Masterplan TI 2020-2024 mengarahkan                      The IT Masterplan 2020-2024 guides KAI’s IT development
pengembangan TI KAI agar sejalan dengan strategi bisnis          to align with business strategies and deliver the expected
dan memberikan manfaat yang diharapkan. Untuk itu,               benefits. Therefore, commitment from all elements of
dibutuhkan komitmen dari seluruh unsur Perseroan                 the Company, including management, is necessary to
mencakup manajemen untuk mengimplementasikan                     effectively implement the IT Masterplan 2020-2024.
Masterplan TI 2020-2024 dengan baik.



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                      Laporan Keberlanjutan
                      Sustainability Report




      Laporan Tahunan dan Keberlanjutan
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                    KINERJA
                                                                        06
                             KEBERLANJUTAN
                                                 Sustainability Performance




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                                          Laporan Keberlanjutan
                                          Sustainability Report




TENTANG LAPORAN KEBERLANJUTAN
ABOUT SUSTAINIBILITY REPORT

Laporan Keberlanjutan KAI 2023 menyajikan informasi           Sustainability Report KAI 2023 presents information about
kinerja berkelanjutan mencakup aspek ekonomi, sosial,         the sustainable performance covering economic, social
dan lingkungan, serta pengungkapan tata kelola                and environment aspects, and also disclosure of
keberlanjutan yang berlaku pada KAI beserta seluruh           sustainable governance that is applicable for KAI and the
anak perusahaan. [GRI 2-2]                                    subsidiaries. [GRI 2-2]

Laporan Keberlanjutan KAI merupakan bagian dari               Sustainability Report KAI is the part of the Annual Reports,
Laporan Tahunan, dan disusun dengan mengacu pada:             and is prepared with refers to:
  1. Peraturan Otoritas Jasa Keuangan Republik                  1. The Financial Services Authority Regulation of
     Indonesia No. 51/POJK.03/2017 tentang Penerapan               Indonesia      No.      51/POJK.03/2017     on     the
     Keuangan Berkelanjutan Bagi Lembaga Jasa                      Implementation of Sustainable Finance for
     Keuangan, Emiten, dan Perusahaan Publik.                      Financial Services Institutions, Issuer and Public
  2. Surat Edaran Otoritas Jasa Keuangan Republik                  Companies.
     Indonesia No.16/SEOJK.04/2021 tentang Bentuk               2. The Financial Services Authority Regulation of
     dan Isi Laporan Tahunan Emiten atau Perusahaan                Indonesia Circular Letter No.16/SEOJK.04/2021
     Publik.                                                       regarding the Form and Content of Annual Reports
  3. Tujuan Pembangunan Berkelanjutan (TPB) atau                   of Issuer or Public Companies.
     Sustainable Development Programs (SDGs).                   3. Sustainable Development Goals (SGDs).
  4. Standar Global Reporting Initiative (GRI) 2021 yang        4. Global Reporting Initiative (GRI) Standards 2021 that
     berlaku sebagai acuan internasional (with reference).         are applicable as international references, using with
                                                                   reference option.

Laporan ini mengungkap kinerja keberlanjutan KAI dan          This report covers the sustainable performance of KAI
seluruh anak perusahaan selama periode 1 Januari - 31         and the subsidiaries during the period January 1 st -
Desember 2023, dan merupakan Laporan Keberlanjutan            December 31 st, 2023, and is the 10th year of Sustainability
tahun ke-10 sejak KAI pertama kali melaporkan kinerja         Report since KAI first reported sustainability performance
keberlanjutan pada 2014. Laporan ini diterbitkan sebagai      in 2014. This report is published as part of KAI’s 2023
bagian Laporan Tahunan KAI 2023 yang dipublikasikan           Annual Report which is published in a printed edition,
dalam edisi cetak, serta tersedia dalam format elektronik     as well as available in electronic format on the official
pada situs web resmi www.kai.id . [GRI 2-3]                   website www.kai.co.id . [GRI 2-3]

Seiring berjalannya waktu, KAI senantiasa berupaya            Over the time, KAI continues to improve the quality of
memperbaiki kualitas pelaporan, baik dari sisi cakupan        reporting, both in terms of coverage and data accuracy
maupun akurasi data sebagai bagian dari transparansi          as part of the transparency of corporate governance. In
tata kelola perusahaan. Pada laporan ini, terdapat data       this report, there is data that is restated which marked
yang disajikan kembali yang ditandai dengan keterangan        with a caption on the data. During 2023, KAI did not receive
pada data dimaksud. Selama tahun 2023, KAI tidak              any feedback on the 2022 Sustainability Report. [GRI 2-4]
menerima umpan balik atas Laporan Keberlanjutan 2022.
[GRI 2-4]

Kami berharap, Laporan Keberlanjutan ini dapat menjadi        We hope this Sustainability Report can be a reference
acuan bagi pemangku kepentingan dalam mempelajari             for stakeholders in studying and assessing the
serta menilai pelaksanaan kinerja keberlanjutan untuk         implementation of sustainability performance for 2023.
tahun 2023. Kami juga berkomitmen meningkatkan                We are also committed to continuously improving the
kualitas pelaporan secara berkesinambungan dari tahun         quality from year-to-year, through a positive reciprocal
ke tahun, melalui mekanisme timbal balik yang positif         mechanism by involving stakeholders. For this reason,
dengan melibatkan pemangku kepentingan. Untuk itu,            we invite all parties to provide feedback that can be
kami mempersilahkan semua pihak memberikan umpan              submitted through:
balik yang dapat disampaikan melalui:

Kontak KAI [GRI 2-3]                                          KAI Contact [GRI 2-3]
PT Kereta Api Indonesia (Persero)                             PT Kereta Api Indonesia (Persero)
Alamat       : Jalan Perintis Kemerdekaan No. 1,              Address      : Jalan Perintis Kemerdekaan No. 1,
               Bandung 40117 PO Box 1163 Bandung                             Bandung 40117 PO Box 1163 Bandung
               40000, Indonesia                                              40000, Indonesia
Telp         : (022) 4230031, 4230039, 4230054                Telp         : (022) 4230031, 4230039, 4230054
Fax          : (022) 4203342 ext. 10039                       Fax          : (022) 4203342 ext. 10039
E-mail       : dokumen@kai.id                                 E-mail       : dokumen@kai.id




                       Laporan Tahunan dan Keberlanjutan
544                                                                                    PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 545
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Media Sosial                                                 Social Media
WhatsApp : 0811-1211-1121                                    WhatsApp : 0811-1211-1121
Facebook     : Kereta Api Kita, KAI121                       Facebook     : Kereta Api Kita, KAI121
X (Twitter)  : @Kereta Apikita, @kai121                      X (Twitter)  : @Kereta Apikita, @kai121
Instagram    : @Kereta Apikita, @kai121_                     Instagram    : @Kereta Apikita, @kai121_
Youtube      : Kereta Api Kita                               Youtube      : Kereta Api Kita
TikTok       : @kai121_                                      TikTok       : @kai121_
Podcast      : Sahabat KAI                                   Podcast      : Sahabat KAI

TOPIK MATERIAL                                               MATERIAL TOPIC
Proses Penentuan Topik Material [GRI 3-1]                    Determining Content and Material Topics [GRI 3-1]
KAI melaksanakan proses penentuan topik material pada        KAI conducted the material topic determination process
5-19 Februari 2024 dengan melibatkan penanggung              from February 5 th-19 th, 2024, involving those responsible
jawab penyusunan Laporan Berkelanjutan yang                  for preparing the Sustainability Report in collaboration
bekerjasama dengan tim penyusun (eksternal), serta           with the drafting team (external) and several divisions.
melibatkan sejumlah divisi. Sesuai panduan GRI Standar       According to the GRI Standards 2021 guidelines, KAI
2021, KAI melakukan empat langkah penentuan topik            followed four steps to determine material topics as
material seperti dijelaskan berikut ini.                     described below.

  1. Memahami Konteks Keberlanjutan KAI                         1. Understanding KAI’s Sustainability Context
     KAI melakukan Focus Group Discussion (FGD) untuk              KAI held a Focus Group Discussion (FGD) to identify
     mengidentifikasi aspek-aspek keberlanjutan pada               sustainability aspects in its activities, business
     aktivitas, hubungan bisnis, pemangku kepentingan,             relationships, stakeholders, and sustainability
     dan konteks keberlanjutan dari semua anak                     context of all subsidiaries, including minority
     perusahaan, termasuk kepentingan minoritas.                   interests. In the FGD held in February 2024, KAI
     Dalam FGD yang diselenggarakan pada Februari                  involved the Communications Division, Human
     2024 ini, KAI melibatkan Divisi Komunikasi, Sumber            Resources, Investor Relations, Legal and Compliance,
     Daya Manusia, Hubungan Investor, Legal dan                    Marketing and Sales, Procurement, and Product
     Kepatuhan, Pemasaran dan Penjualan, Pengadaan,                Development.
     dan Pengembangan Produk.

  2. Mengidentifikasi Dampak Aktual dan Potensial               2. Identifying The Actual and Potential Impacts
     Pada langkah ini, KAI berupaya mengidentifikasi               In this step, KAI aimed to identify impacts that have
     dampak yang sudah terjadi (aktual) baik dampak                already occurred (actual), both positive and
     positif maupun negatif, serta dampak potensial                negative, as well as potential impacts that may occur
     yang mungkin terjadi dalam jangka pendek,                     in the short, medium, and long term. We also
     menengah, dan panjang. Kami juga mengidentifikasi             identified expected and unexpected impacts, as
     dampak yang diharapkan dan tidak diharapkan,                  well as recoverable and non-recoverable impacts.
     serta dampak yang dapat dipulihkan dan tidak                  This effort was carried out by gathering insights
     dapat dipulihkan. Upaya ini dilakukan dengan                  from stakeholders, consultants, and academics
     mengumpulkan pandangan baik dari para                         through questionnaire surveys.
     pemangku kepentingan serta pihak konsultan
     maupun akademisi melalui survei berbentuk
     kuesioner.

     Dampak tersebut sesuai dengan yang telah                       These impacts align with those identified in the
     diidentifikasi dalam Standar GRI 2021 Konsolidasi,             GRI Standards 2021 Consolidation and the Financial
     dan Peraturan Otoritas Jasa Keuangan Nomor 51/                 Services Authority Regulation Number 51/
     POJK.03/2017 Tahun 2017 tentang Penerapan                      POJK.03/2017 of 2017 on the Implementation of
     Keuangan Berkelanjutan bagi Lembaga Jasa                       Sustainable Finance for Financial Service
     Keuangan, Emiten, dan Perusahaan Publik. Dampak                Institutions, Issuers, and Public Companies. A total
     aktual dan potensial (topik material) yang berhasil            of 16 actual and potential impacts (material topics)
     diidentifikasi sebanyak 16 material, meliputi:                 were identified, including:




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                                                                Annual and Sustainability Report
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                                         Laporan Keberlanjutan
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       Aspek Ekonomi               Aspek Lingkungan                  Aspek Sosial                  Aspek Tata Kelola
       Economy Aspect              Environment Aspect                Social Aspect                 Governance Aspect

 • Kinerja Ekonomi /           • Energi / Energy             • Kesehatan dan                  • Kepatuhan dan Etika
   Economic Aspect                                             Keselamatan Kerja (K3) /         Bisnis / Business Ethics
                               • Air dan Efluen / Water        Occupational Health and
 • Transparansi Pajak / Tax      and Effluents                 Safety (OHS) Compliance        • Teknologi Informasi
   Transparency                                                                                 Digital / Digital
                               • Limbah / Waste              • Pengembangan dan                 Technology Information
 • Keberadaan Pasar /                                          Kesejahteraan Karyawan
   Market Presence             • Emisi / Emissions             / Employee Development         • Rantai Pasok
                                                               and Welfare                      Berkelanjutan /
                               • Material ramah                                                 Sustainable Supply Chain
                                 lingkungan /                • Keselamatan Pelanggan /
                                 Environmentally Friendly      Customer Safety
                                 Materials
                                                             • Pemberdayaan
                               • Keanekaragaman Hayati /       Masyarakat Sekitar /
                                 Biodiversity                  Community
                                                               Empowerment


  3. Menilai Signifikansi Dampak                                 3. Assessing Impact Significance
     Berdasarkan hasil identifikasi topik material, KAI             Based on the identification of material topics, KAI
     melakukan     penilaian    signifikansi   dampak               assessed the significance of impacts based on their
     berdasarkan jenisnya bersama konsultan dan                     types, in collaboration with consultants and
     akademisi. Penilaian signifikansi dampak negatif               academics. The significance of negative impacts
     dilakukan    berdasarkan     tingkat    keparahan              was evaluated based on the severity level, including
     mencakup skala, ruang lingkup, serta konsekuensi               scale, scope, and irreparable consequences, as well
     yang tidak bisa diperbaiki, dan berdasarkan                    as the likelihood of occurrence in the future. The
     kemungkinan terjadinya di masa mendatang.                      significance of negative impacts was also analyzed
     Signifikansi dampak negatif juga dianalisis                    based on their influence on Human Rights (HR).
     berdasarkan pengaruhnya terhadap Hak Asasi                     The significance of positive impacts was determined
     Manusia (HAM). Adapun signifikansi dampak positif              by their scale and scope, as well as the likelihood
     juga ditentukan oleh skala dan cakupannya, serta               of occurrence within a certain period.
     kemungkinan terjadinya pada periode tertentu.

      Tahap ini dilakukan dengan mengirimkan kuesioner              This stage was carried out by sending
      mengenai signifikansi dampak kepada para                      questionnaires about the significance of impacts
      pemangku kepentingan baik internal maupun                     to both internal and external stakeholders,
      eksternal, sehingga menghasilkan asesmen                      resulting in the following impact significance
      signifikansi dampak sebagai berikut.                          assessment.




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                          Annual and Sustainability Report
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                                                                           Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                                                         Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                      Tinggi High

                                                                                                                                                                    Kesehatan dan
Signifikansi Pengaruh Terhadap Pemangku Kepentingan




                                                                                                                                                                    Keselamatan Kerja (K3)
                                                                                                                                                                    Occupational Health
                                                                                                                                                                    and Safety (OHS)
                                                                                                                          Keselamatan Pelanggan
                                                                                                                                                                    Compliance
                                                                                                                                 Customer Safety
       Significance of the impact on stakeholders




                                                                                                            Teknologi Informasi Digital
                                                                                                         Digital Technology Information                  Pengembangan dan Kesejahteraan Karyawan
                                                                                                  Kepatuhan dan Etika Bisnis                             Employee Development and Welfare
                                                                                                             Business Ethics
                                                      Medium Medium




                                                                                                       Kinerja Ekonomi                Energi
                                                                                                       Economic Aspect                Energy

                                                                                                                                          Emisi
                                                                                   Pemberdayaan Masyarakat Sekitar                        Emission
                                                                                         Community Empowerment
                                                                                                                                   Air dan Efluen
                                                                                                                                   Water and Effluents
                                                                                              Limbah
                                                                                               Waste




                                                                                           Rantai Pasok Berkelanjutan                          Material ramah lingkungan
                                                                                             Sustainable Supply Chain                          Environmentally Friendly Materials


                                                                                                                                          Keanekaragaman Hayati
                                                      Rendah Low




                                                                                                    Keberadaan Pasar                      Biodiversity
                                                                                                     Market Presence
                                                                                                                                   Transparansi Pajak
                                                                                                                                   Tax Transparency




                                                                      Rendah Low                  Medium Medium                                            Tinggi High

                                                                               Signifikansi Pengaruh Terhadap Perusahaan
                                                                               Significance of the impact on the company




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                                                    Laporan Keberlanjutan
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  4. Memprioritaskan Dampak Paling Signifikan untuk                            4. Assessing Impact Significance
     Pelaporan
     KAI telah mengelompokkan dampak paling                                       KAI has grouped the most significant impacts,
     signifikan yang mencakup beberapa topik sesuai                               encompassing several topics according to categories
     dengan kategori yang terkait aktivitas bisnis,                               related to business activities, stakeholders, types
     pemangku kepentingan, jenis hubungan bisnis,                                 of business relationships, or economic or
     atau sumber daya ekonomi atau lingkungan.                                    environmental resources.

      Berdasarkan asesmen signifikansi dampak, KAI                                Based on the impact significance assessment, KAI
      memprioritaskan 10 topik material dengan                                    prioritized 10 material topics with high impact
      signifikansi dampak yang tinggi, mencakup:                                  significance, including:
        1. Kesehatan dan Keselamatan Kerja                                          1. Occupational Health and Safety
        2. Keselamatan Pelanggan                                                    2. Customer Safety
        3. Pengembangan dan Kesejahteraan Karyawan                                  3. Employee Development and Welfare
        4. Teknologi Informasi Digital                                              4. Digital Information Technology
        5. Kepatuhan dan Etika Bisnis                                               5. Compliance and Business Ethics
        6. Energi                                                                   6. Energy
        7. Kinerja Ekonomi                                                          7. Economic Performance
        8. Pemberdayaan Masyarakat Sekitar                                          8. Community Empowerment
        9. Air dan Effluen                                                          9. Water and Effluents
        10. Limbah                                                                  10. Waste
        11. Emisi                                                                   11. Emission

      Selanjutnya,    KAI     melibatkan    pemangku                              KAI then involved internal and external stakeholders
      kepentingan internal dan eksternal untuk                                    to conduct materiality tests and produce a list of
      melakukan uji material dan menghasilkan daftar                              the organization’s material topics. This list was
      topik material organisasi. Daftar tersebut telah                            approved by the Corporate Secretary, who is
      disetujui oleh Sekretaris Perusahaan sebagai                                responsible for preparing the Sustainability Report.
      penanggung      jawab     penyusunan    Laporan                             [GRI 2-14]
      Keberlanjutan. [GRI 2-14]

      Laporan Keberlanjutan ini memiliki topik material                           This Sustainability Report features material topics
      yang berbeda dengan topik material tahun 2022                               that differ from the 2022 material topics due to the
      dikarenakan adanya penyelarasan akan signifikansi                           alignment of the significance of sustainability issues
      dampak isu-isu keberlanjutan yang merupakan                                 that are a priority for disclosure based on
      prioritas untuk diungkapkan berdasarkan masukan                             stakeholder input. Material topics for 2022, such as
      para pemangku kepentingan. Topik material tahun                             Market Presence [GRI 202] and Forced or
      2022 antara lain Keberadaan Pasar [GRI 202] dan                             Compulsory Labor [GRI 409], are no longer material
      Kerja Paksa atau Wajib Kerja [GRI 409] tidak lagi                           topics in 2023.
      menjadi topik material pada tahun 2023.

      Meskipun tidak semua topik merupakan material                               Even though not all topics are material for KAI, we
      bagi KAI, kami tetap memperhatikan seluruh                                  still pay attention to all impacts resulting from KAI's
      dampak yang aktivitas dan usaha KAI hasilkan agar                           activities and operations to ensure they are well
      terkelola dengan baik. Kami juga senantiasa                                 managed. We also remain open to feedback, criticism,
      terbuka terhadap masukan, kritik, dan saran para                            and suggestions from stakeholders regarding
      pemangku kepentingan terkait topik material.                                material topics.

Daftar Topik Material [GRI 3-2]                                             Material Topics List [GRI 3-2]

                                                           Pemangku
    Topik                                                 Kepentingan                                       Keterlibatan
                                                                              Alasan Mengapa
   Material                   Isu Utama                       yang                                           Perseroan           TPB
                                                                                  Material
   Material                   Main Issues                  Terdampak                                          Company            SDGs
                                                                            Reason for Materiality
    Topic                                                   Affected                                        Involvement
                                                          Stakeholders

 Kesehatan dan      • Sistem manajemen keselamatan        • Karyawan /      Kesehatan dan               Perseroan
 Keselamatan          dan    kesehatan     kerja   /        Employees       keselamatan kerja           berkomitmen untuk
 Kerja [GRI 403]      Occupational health and safety      • Mitra Kerja /   merupakan prioritas         menciptakan
 Occupational         management system                     Business        utama dalam industri        lingkungan kerja yang
 Health      and                                            Partners        perkeretaapian karena       aman dan sehat
 Safety [GRI 403]   • Pengidentifikasian       Bahaya,    • Masyarakat /    tingginya risiko            melalui pelatihan K3
                      Penilaian Risiko, dan Investigasi     Community       kecelakaan kerja yang       yang berkelanjutan,
                      Insiden / Hazard Identification,    • Regulator /     dapat menyebabkan           pemantauan dan
                      Risk Assessment, and Incident         Regulators      cedera serius atau          evaluasi risiko secara
                      Investigation                                         kematian. Lingkungan        rutin, serta penerapan
                                                                            kerja yang aman dan sehat   standar keselamatan
                                                                            tidak hanya melindungi      internasional di semua
                                                                            karyawan, tetapi juga       operasional.




                            Laporan Tahunan dan Keberlanjutan
548                                                                                                     PT Kereta Api Indonesia (Persero)
                              Annual and Sustainability Report
Page 549
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                      Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                       Pemangku
    Topik                                             Kepentingan                                         Keterlibatan
                                                                           Alasan Mengapa
   Material                Isu Utama                      yang                                             Perseroan             TPB
                                                                               Material
   Material                Main Issues                 Terdampak                                            Company              SDGs
                                                                         Reason for Materiality
    Topic                                               Affected                                          Involvement
                                                      Stakeholders

                 • Layanan kesehatan yang                               meningkatkan                  The Company is
                   dimiliki Perseroan / Health                          produktivitas dan moral       committed to creating
                   services provided by the                             kerja. / Occupational         a safe and healthy
                   Company                                              health and safety is a top    work environment
                                                                        priority in the railway       through continuous K3
                 • Partisipasi, konsultasi, dan                         industry because of the       training, regular risk
                   komunikasi pekerja pada                              high risk of work accidents   monitoring and
                   kesehatan dan keselamatan                            which can cause serious       evaluation, and
                   kerja / Employee participation,                      injury or death. A safe and   implementation of
                   consultation, and                                    healthy work environment      international safety
                   communication on                                     not only protects             standards in all
                   occupational health and safety                       employees, but also           operations.
                                                                        increases productivity and
                 • Pelatihan pekerja tentang                            morale.
                   kesehatan dan keselamatan
                   kerja / Employee training on
                   occupational health and safety

                 • Peningkatan kualitas kesehatan
                   pekerja / Improving employee
                   health quality

                 • Pencegahan dan mitigasi
                   dampak-dampak keselamatan
                   dan kesehatan kerja yang
                   secara langsung terkait
                   hubungan bisnis / Prevention
                   and mitigation of occupational
                   health and safety impacts
                   directly related to business
                   relationships

                 • Pekerja yang tercakup dalam
                   sistem manajemen
                   keselamatan dan kesehatan
                   kerja / Employees covered by
                   the occupational health and
                   safety management system

                 • Kecelakaan kerja yang terjadi
                   pada periode pelaporan / Work
                   accidents occurring during the
                   reporting period

                 • Penyakit akibat kerja yang
                   dialami oleh karyawan
                   Perseroan / Occupational
                   diseases experienced by
                   Company employees

 Keselamatan     • Dampak kesehatan dan               • Karyawan /      Keselamatan pelanggan         Perseroan
 Pelanggan         keselamatan dari berbagai            Employees       merupakan aspek krusial       berkomitmen untuk
 [GRI 416]         kategori produk dan jasa /         • Mitra Kerja /   dalam layanan                 menyediakan
 Customer          Health and safety impacts of         Business        perkeretaapian, karena        transportasi yang aman
 Safety            various product and service          Partners        insiden keselamatan dapat     dan andal dengan
 [GRI 416]         categories                         • Masyarakat /    berpengaruh pada              melakukan inspeksi
                                                        Community       reputasi dan kepercayaan      rutin terhadap kereta
                 • Insiden ketidakpatuhan             • Regulator /     publik terhadap               dan infrastruktur, serta
                   sehubungan dengan dampak             Regulators      perusahaan. / Customer        mengedukasi
                   kesehatan dan keselamatan                            safety is a crucial aspect    pelanggan tentang
                   dari produk dan jasa / Incidents                     in railway services,          protokol keselamatan. /
                   of non-compliance concerning                         because safety incidents      The Company is
                   the health and safety impacts                        can affect the reputation     committed to
                   of products and services                             and public trust in the       providing safe and
                                                                        company.                      reliable transportation
                                                                                                      by conducting regular
                                                                                                      inspections of trains
                                                                                                      and infrastructure, as
                                                                                                      well as educating
                                                                                                      customers about safety
                                                                                                      protocols.

 Pengembanga     Kepegawaian                          • Karyawan /      Pengembangan dan              Perseroan
 n dan            • Perekrutan karyawan baru dan        Employees       kesejahteraan karyawan        berkomitmen untuk
 Kesejahteraan      pergantian karyawan               • Mitra Kerja /   merupakan kunci untuk         menyediakan program
 Karyawan [GRI    • Tunjangan yang diberikan            Business        meningkatkan                  pelatihan dan
 401, GRI 402,      kepada karyawan purnawaktu          Partners        produktivitas dan retensi     pengembangan karir,
 GRI 404, GRI       yang tidak diberikan kepada       • Masyarakat /    karyawan. Aspek ini juga      menawarkan paket
 405, GRI 406,      karyawan pada kurun waktu           Community       memastikan penegakan          kesejahteraan yang
 GRI 407]           tertentu atau paruh waktu         • Regulator /     hak asasi manusia,            komprehensif, serta
 Employee        Employment                             Regulators      keragaman dan                 menciptakan
 Development      • Recruitment and employee                            kesetaraan. / Employee        lingkungan kerja yang
 and Welfare        turnover                                            development and well-         inklusif dan suportif. /
 [GRI 401, GRI    • Benefits provided to full-time                      being is key to increasing    The Company is
 402, GRI 404,      employees that are not                              employee productivity and     committed to
 GRI 405, GRI       provided to temporary or part-                      retention. This aspect also   providing training and
 406, GRI 407]      time employees                                      ensures the upholding of      career development
                                                                        human rights, diversity       programs, offering
                                                                        and equality.                 comprehensive welfare




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                                                                            Annual and Sustainability Report
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                                                Laporan Keberlanjutan
                                                Sustainability Report




                                                      Pemangku
    Topik                                            Kepentingan                                         Keterlibatan
                                                                          Alasan Mengapa
   Material              Isu Utama                       yang                                             Perseroan            TPB
                                                                              Material
   Materi\al             Main Issues                  Terdampak                                            Company             SDGs
                                                                        Reason for Materiality
    Topic                                              Affected                                          Involvement
                                                     Stakeholders

               Hubungan Tenaga Kerja                 •                                               packages, and creating
                • Periode pemberitahuan                                                              an inclusive and
                  minimum terkait perubahan                                                          supportive work
                  operasional                                                                        environment.
               Labor Relations
                • Minimum notice periods
                  regarding operational changes

               Pelatihan dan Pendidikan
                • Informasi terkait rata-rata jam
                  pelatihan per tahun per
                  karyawan
                • Program untuk meningkatkan
                  keterampilan karyawan dan
                  program bantuan peralihan
                  menjelang pensiun
                • Persentase karyawan yang
                  menerima tinjauan rutin
                  terhadap kinerja dan
                  pengembangan karir
               Training and Education
                • Information on the average
                  hours of training per year per
                  employee
                • Programs to upgrade employee
                  skills and transition assistance
                  programs before retirement
                • Percentage of employees
                  receiving regular performance
                  and career development
                  reviews

               Keanekaragaman dan Peluang
               Setara
                • Keanekaragaman badan tata
                  kelola dan karyawan
                • Rasio gaji pokok dan
                  remunerasi
               Diversity and Equal Opportunity
                • Diversity of governance bodies
                  and employees
                • Ratio of basic salary and
                  remuneration

               Praktik Non Diskriminatif
                • Insiden diskriminasi dan
                  tindakan perbaikan yang
                  dilakukan
               Non-Discriminatory Practices
                • Incidents of discrimination and
                  corrective actions taken

               Kebebasan Berserikat dan
               Perundingan Kolektif
                • Operasi dan pemasok di mana
                  hak atas kebebasan berserikat
                  dan perundingan kolektif
                  mungkin berisiko
               Freedom of Association and
               Collective Bargaining
                • Operations and suppliers where
                  the right to freedom of
                  association and collective
                  bargaining may be at risk

 Teknologi     • Pengaduan yang berdasar             • Karyawan /      Teknologi informasi digital   Perseroan
 Informasi       mengenai pelanggaran                  Employees       dapat meningkatkan            berkomitmen untuk
 Digital         terhadap privasi pelanggan dan      • Masyarakat /    efisiensi operasional,        terus mengadopsi dan
 [GRI 418]       hilangnya data pelanggan              Community       keamanan, dan                 mengintegrasikan
 Digital       • Complaints based on violations      • Mitra Kerja /   kenyamanan pelanggan.         teknologi digital dalam
 Information     of customer privacy and loss of       Business        Penerapan teknologi           operasional, seperti
 Technology      customer data                         Partners        terbaru juga                  sistem manajemen
 [GRI 418]                                                             memungkinkan                  transportasi pintar,
                                                                       perusahaan untuk tetap        aplikasi mobile untuk
                                                                       kompetitif dalam industri     pelanggan, dan
                                                                       yang berkembang pesat. /      infrastruktur IT yang
                                                                       Digital information           aman dan andal. / The
                                                                       technology can improve        Company is committed
                                                                       operational efficiency,       to continuing to adopt
                                                                       security and customer         and integrate digital
                                                                       comfort. Implementing         technology in
                                                                       the latest technology also    operations, such as
                                                                       allows companies to           smart transportation
                                                                       remain competitive in a       management systems,
                                                                       rapidly growing industry.     mobile applications for
                                                                                                     customers, and safe
                                                                                                     and reliable IT
                                                                                                     infrastructure.




                        Laporan Tahunan dan Keberlanjutan
550                                                                                                   PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 551
                                        Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                         Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                          Pemangku
    Topik                                                Kepentingan                                         Keterlibatan
                                                                             Alasan Mengapa
   Material                  Isu Utama                       yang                                             Perseroan             TPB
                                                                                 Material
   Material                  Main Issues                  Terdampak                                            Company              SDGs
                                                                           Reason for Materiality
    Topic                                                  Affected                                          Involvement
                                                         Stakeholders

 Kepatuhan         • Operasi-operasi yang dinilai        • Pemegang        Kepatuhan terhadap            Perseroan
 dan Etika           memiliki risiko terkait korupsi /     Saham /         hukum dan regulasi serta      berkomitmen untuk
 Bisnis - Anti       Operations assessed to have           Shareholders    penerapan etika bisnis        mematuhi semua
 Korupsi             corruption-related risks            • Regulator /     yang tinggi adalah dasar      peraturan dan standar
 [GRI 205]                                                 Regulators      dari operasi perusahaan       yang berlaku, serta
                   • Komunikasi dan pelatihan            • Karyawan /      yang berkelanjutan. Ini       menerapkan kode etik
 Compliance          tentang kebijakan dan prosedur        Employees       menghindari risiko hukum      bisnis yang ketat dalam
 and Business        antikorupsi / Communication         • Media Massa     dan meningkatkan              semua aspek
 Ethics - Anti-      and training on anti-corruption       / Mass Media    reputasi perusahaan. /        operasionalnya. / The
 Corruption          policies and procedures             • Pemerintah /    Compliance with laws and      Company is committed
 [GRI 205]                                                 Government      regulations and the           to complying with all
                   • Insiden korupsi yang terbukti                         implementation of high        applicable regulations
                     dan tindakan yang diambil /                           business ethics are the       and standards, as well
                     Proven incidents of corruption                        basis of sustainable          as implementing a
                     and actions taken                                     company operations. This      strict code of business
                                                                           avoids legal risks and        ethics in all aspects of
                                                                           improves the company's        its operations.
                                                                           reputation.

 Energi            • Konsumsi energi dalam               • Karyawan /      Pengelolaan energi yang       Perseroan
 [GRI 302]           organisasi / Energy                   Employees       efisien tidak hanya           berkomitmen untuk
 Energy              consumption within the              • Masyarakat /    mengurangi biaya              meningkatkan efisiensi
 [GRI 302]           organization                          Community       operasional tetapi juga       energi melalui
                   • Konsumsi energi di luar             • Regulator /     mengurangi dampak             penggunaan teknologi
                     organisasi / Energy                   Regulators      lingkungan dari               hemat energi dan
                     consumption outside the             • Mitra Kerja /   operasional perusahaan. /     praktik operasional
                     organization                          Business        Efficient energy              yang berkelanjutan. /
                   • Intensitas energi / Energy            Partners        management not only           The Company is
                     intensity                                             reduces operational costs     committed to
                   • Pengurangan konsumsi energi /                         but also reduces the          increasing energy
                     Reduction in energy                                   environmental impact of       efficiency through the
                     consumption                                           company operations.           use of energy-saving
                   • Pengurangan pada energi yang                                                        technology and
                     dibutuhkan untuk produk dan                                                         sustainable
                     jasa / Reduction in energy                                                          operational practices.
                     required for products and
                     services

 Kinerja           • Nilai ekonomi langsung yang         • Pemegang        Kinerja ekonomi yang kuat     Perseroan
 Ekonomi             dihasilkan dan didistribusikan        Saham /         adalah dasar untuk            berkomitmen untuk
 [GRI 201]           oleh Perusahaan / Direct              Shareholders    pertumbuhan dan               mencapai kinerja
 Economic            economic value generated and        • Regulator /     keberlanjutan jangka          ekonomi yang solid
 Performance         distributed by the Company            Regulators      panjang perusahaan. Hal       melalui strategi bisnis
 [GRI 201]                                               • Karyawan /      ini memungkinkan              yang efektif,
                   • Kewajiban program pensiun             Employees       investasi lebih lanjut        manajemen risiko yang
                     manfaat pasti dan program           • Kreditur /      dalam infrastruktur,          baik, dan investasi
                     pensiun lainnya / Defined             Creditors       teknologi, dan sumber         dalam inovasi dan
                     benefit pension plan                • Mitra Kerja /   daya manusia. / Strong        infrastruktur. / The
                     obligations and other pension         Business        economic performance is       Company is committed
                     plans                                 Partners        the basis for a company's     to achieving solid
                                                                           long-term growth and          economic performance
                   • Bantuan keuangan yang                                 sustainability. This allows   through effective
                     diterima Perusahaan dari                              further investment in         business strategies,
                     Pemerintah / Financial                                infrastructure, technology    good risk
                     assistance received by the                            and human resources.          management, and
                     Company from the Government                                                         investment in
                                                                                                         innovation and
                                                                                                         infrastructure.

 Pemberdayaan      • Operasi dengan keterlibatan         • Karyawan /      Masyarakat sekitar            Perseroan
 Masyarakat          masyarakat setempat, penilaian        Employees       merupakan pemangku            berkomitmen untuk
 Sekitar             dampak, dan program                 • Masyarakat /    kepentingan penting yang      berkontribusi pada
 [GRI 413]           Pengembangan / Operations             Community       terpengaruh oleh              pembangunan sosial
 Community           with involvement local              • Mitra Kerja /   operasional perusahaan.       dan ekonomi
 Development         communities, impact                   Business        Pemberdayaan                  masyarakat sekitar
 [GRI 413]           assessments, and programs             Partners        masyarakat membantu           melalui program CSR,
                     development                                           membangun hubungan            kemitraan lokal, dan
                                                                           yang baik dan                 investasi sosial. / The
                   • Operasi yang secara aktual dan                        memastikan keberlanjutan      Company is committed
                     yang berpotensi memiliki                              sosial. / The surrounding     to contributing to the
                     dampak negatif signifikan                             community is an               social and economic
                     terhadap masyarakat setempat                          important stakeholder         development of
                     / Operations that actually and                        who is affected by            surrounding
                     have the potential to have                            company operations.           communities through
                     significant negative impacts                          Community                     CSR programs, local
                     towards the local community                           empowerment helps build       partnerships and social
                                                                           good relationships and        investment.
                                                                           ensure social
                                                                           sustainability.

 Air dan Effluen   • Interaksi dengan air sebagai                          Pengelolaan air dan efluen    Perseroan
 [GRI 303]           sumber daya bersama /                                 yang baik penting untuk       berkomitmen untuk
 Water       and     Interaction with water as a                           mencegah polusi dan           mengelola
 Effluent            shared resource                                       dampak negatif terhadap       penggunaan air dan
 [GRI 303]                                                                 lingkungan sekitar serta      pembuangan efluen
                   • Manajemen dampak yang                                 memastikan kepatuhan          dengan bijak melalui
                     berkaitan dengan pembuangan                           terhadap regulasi             penerapan teknologi
                     air / Management of impacts                           lingkungan. / Good water      pengolahan air dan




                                                                           Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                          551
                                                                               Annual and Sustainability Report
Page 552
                                                 Laporan Keberlanjutan
                                                 Sustainability Report




                                                      Pemangku
    Topik                                            Kepentingan                                        Keterlibatan
                                                                           Alasan Mengapa
   Material             Isu Utama                        yang                                            Perseroan            TPB
                                                                               Material
   Material             Main Issues                   Terdampak                                           Company             SDG
                                                                         Reason for Materiality
    Topic                                               Affected                                        Involvement
                                                      Stakeholders

               related to water discharge                               and effluent management     pemantauan kualitas
                                                                        is important to prevent     air secara rutin. / The
              • Pengambilan air / Water                                 pollution and negative      Company is committed
                withdrawal                                              impacts on the              to managing water use
                                                                        surrounding environment     and effluent disposal
              • Pembuangan air / Water                                  and ensure compliance       wisely through the
                disposal                                                with environmental          application of water
                                                                        regulations.                treatment technology
              • Konsumsi air / Water                                                                and regular monitoring
                consumption                                                                         of water quality.

 Limbah       • Timbulan sampah dan dampak            • Karyawan /      Pengelolaan limbah yang     Perseroan
 [GRI 306]      signifikan terkait sampah /             Employees       efektif penting untuk       berkomitmen untuk
 Waste          Generation of waste and               • Masyarakat /    mencegah pencemaran         mengurangi, mendaur
 [GRI 306]      significant impacts related to          Community       lingkungan dan              ulang, dan mengelola
                waste
                                                      • Pemerintah /    memastikan kepatuhan        limbah secara
              • Pengelolaan dampak signifikan           Government      terhadap regulasi           bertanggung jawab
                terkait limbah / Management of        • Mitra Kerja /   lingkungan. / Effective     melalui program
                significant impacts related to          Business        waste management is         pengelolaan limbah
                waste                                   Partners        important to prevent        yang komprehensif. /
                                                      • Pemasok /       environmental pollution     The Company is
              • Limbah yang dihasilkan / Waste          Suppliers       and ensure compliance       committed to reducing,
                generated                                               with environmental          recycling and
                                                                        regulations.                managing waste
              • Limbah dialihkan dari                                                               responsibly through a
                pembuangan / Waste is diverted
                                                                                                    comprehensive waste
                from disposal
                                                                                                    management program.
              • Limbah diarahkan ke pembuangan
                / Waste is directed to disposal

 Emisi        • Emisi GRK langsung (Cakupan 1)        • Masyarakat /    Sebagai transportasi        Perseroan
 [GRI 305]    • Emisi GRK tidak langsung                Community       massal, KAI menghasilkan    berkomitmen untuk
 Emission       (Cakupan 2)                           • Regulator /     emisi GRK yang signifikan   mengurangi emisi yang
 [GRI 306]    • Emisi GRK tidak langsung lainnya        Regulators      dan berkontribusi kepada    dihasilkan melalui
                (Cakupan 3)
                                                      • Pemerintah /    perubahan iklim.            penggunaan teknologi
              • Intensitas emisi GRK
              • Pengurangan emisi GRK                   Government      Perubahan iklim dapat       rendah emisi, solar
                                                      • Media Massa     menyebabkan kondisi         panel, pemakaian
                                                        / Mass Media    cuaca yang berimplikasi     biosolar, dan praktik
                                                      • Investor /      pada operasional seperti    operasional yang
                                                        Investor        banjir atau longsor         berkelanjutan.




                      Laporan Tahunan dan Keberlanjutan
552                                                                                                  PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 553
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




INISIATIF KEBERLANJUTAN KAI
KAI SUSTAINABILITY INITIATIVE
Visi, Misi, Nilai Keberlanjutan [OJK C.1]                    Vision, Mission, Value of Sustainability [OJK C.1]
Visi                                                         Vision
Menjadi perusahaan yang memberikan manfaat tinggi            To be a company that provides high benefits for society,
bagi masyarakat, lingkungan dan pemangku kepentingan         the environment, and stakeholders through the
melalui peningkatan aktivitas Program Kemitraan Bina         enhancement       of   Partnership    and    Community
Lingkungan (PKBL) dan Community Relation (CR).               Development Programs (PKBL) and Community Relations
                                                             (CR) activities.
Misi                                                         Mission
 • Berperan aktif dalam mewujudkan peningkatan                • Actively contribute to improving the quality of life and
   kualitas hidup dan kemandirian masyarakat serta              the self-reliance of communities as well as
   kelestarian lingkungan.                                      environmental sustainability.
 • Membangun citra positif dan sinergi perusahaan             • Build a positive image and synergy of the company
   dengan pemangku kepentingan guna terciptanya                 with stakeholders to create a conducive environment
   situasi kondusif bagi operasional perusahaan yang            for sustainable company operations.
   berkelanjutan.

Nilai Keberlanjutan                                          Value of Sustainability
Memberikan kontribusi nyata dalam pembangunan dan            Providing real contributions to the development and
peningkatan kualitas hidup masyarakat serta lingkungan,      improvement of the quality of life of communities and
sehingga masyarakat dapat menjadi mitra sejati dalam         the environment, enabling the community to become
menciptakan situasi kondusif bagi kelangsungan usaha         true partners in creating a conducive environment for
perusahaan.                                                  the company's business continuity.

Strategi Keberlanjutan KAI                                   KAI Sustainability Strategy
[OJK A.1] [GRI 2-22]                                         [OJK A.1] [GRI 2-22]
PT Kereta Api Indonesia sebagai Badan Usaha Milik Negara     PT Kereta Api Indonesia as a State-Owned Enterprise
(BUMN) penyedia jasa transportasi perkeretaapian             (SOE), providing railway transportation services is
berkomitmen untuk selalu mendukung pencapaian                committed to always supporting the achievement of the
Tujuan Pembangunan Berkelanjutan (TPB).                      Sustainable Development Goals (SDGs).

Pada dasarnya, kereta memiliki kapasitas angkut jauh         Basically, trains have a far greater carrying capacity than
lebih besar dibandingkan moda transportasi darat             other modes of land transportation as well as being
lainnya sekaligus merupakan transportasi yang relatif        transportation that requires relatively little fuel and
tidak banyak membutuhkan bahan bakar serta                   produces less pollution and greenhouse gas emissions.
menghasilkan polusi dan emisi gas rumah kaca yang lebih      The Company is committed to contributing together with
sedikit. Perseroan berkomitmen untuk berkontribusi           Indonesia in reducing emissions until it reaches the Net
bersama Indonesia dalam pengurangan emisi hingga             Zero Emission target by 2060. Therefore, KAI as a railway
mencapai target Net Zero Emission pada tahun 2060.           operator in Indonesia, consistently continues to prioritize
Oleh karena itu, KAI sebagai operator perkeretaapian di      harmonious        business     practices    in   economic,
Indonesia, secara konsisten terus mengedepankan              environmental, social and governance aspects. manage
praktik-praktik bisnis yang harmonis pada aspek ekonomi,     in encouraging the creation of a sustainable
lingkungan, sosial, dan tata kelola dalam mendorong          transportation ecosystem.
terciptanya ekosistem transportasi berkelanjutan.

Secara umum, strategi keberlanjutan KAI meliputi:            In general, KAI's sustainability strategy includes:
  1. Penyediaan moda transportasi ramah lingkungan              1. Providing environmentally friendly transportation
     didukung oleh operasional yang efisien;                       modes supported by efficient operations;
  2. Inovasi layanan angkutan penumpang dan barang              2. Innovating passenger and freight transport
     dengan mengedepankan teknologi dan kebutuhan                  services by leveraging technology and customer
     pelanggan;                                                    needs;
  3. Pelaksanaan kegiatan Tanggung Jawab Sosial                 3. Consistently implementing Environmental and
     Lingkungan     (TJSL)  secara    konsisten   dan              Social Responsibility activities in accordance with
     berkesinambungan dengan berpedoman pada                       Ministerial Regulation of State-Owned Enterprises
     Peraturan Menteri Badan Usaha Milik Negara Nomor              Number: PER-1/MBU/03/2023 dated March 3rd, 2023,
     : PER-1/MBU/03/2023 tanggal 03 Maret 2023                     regarding Special Assignments and Programs for
     tentang Penugasan Khusus dan Program                          Social and Environmental Responsibilities of State-
     Tanggung Jawab Sosial dan Lingkungan BUMN                     Owned Enterprises (SOEs).




                                                            Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                            553
                                                                Annual and Sustainability Report
Page 554
                                         Laporan Keberlanjutan
                                         Sustainability Report




Selama tahun 2023, KAI telah menjalankan strategi               Throughout 2023, KAI has implemented these
keberlanjutan tersebut sebagai bentuk dukungan                  sustainability strategies to support the achievement of
terhadap pencapaian TPB. Untuk mempertajam strategi             its Sustainable Development Goals (SDGs). To sharpen
dan meningkatkan kinerja keberlanjutan di masa                  its strategy and enhance sustainability performance in
mendatang, KAI pada tahun 2023 telah menyusun                   the future, KAI has developed an ESG roadmap for 2024-
roadmap ESG 2024-2028 yang diselaraskan pada peta               2028 aligned with Indonesia's energy transition roadmap.
jalan transisi energi Indonesia. Pelaksanaan roadmap            The implementation of this ESG roadmap will be a
ESG tersebut akan menjadi prioritas manajemen mulai             management priority starting in 2024.
tahun 2024.

Inisiatif/Kegiatan KAI dan Dukungan Terhadap TPB                Initiatives/Activities of PT Kereta Api Indonesia (KAI)
Tahun 2023                                                      and Support Towards Sustainable Development
                                                                Goals (SDGs) in 2023

             Strategi                                    Inisiatif / Kegiatan KAI                              TPB
             Strategy                                    KAI Initiatives / Activities                          SDGs

 Penyediaan moda transportasi       Pemanfaatan Biosolar B35 sebagai bahan bakar KA / Utilization
 ramah lingkungan didukung oleh     of Biosolar B30 as train fuel.
 operasional yang efisien /
 Providing environmentally
 friendly transportation modes      Pemanfaatan energi surya melalui pembangunan solar panel di
 supported by efficient             40 stasiun dan 2 balai yasa / Utilization of solar energy through
 operations;                        the installation of solar panels at 40 stations and 2
                                    maintenance facilities.

 Inovasi layanan angkutan           Peluncuran LRT Jabodebek dan Kereta Cepat Jakarta Bandung
 penumpang dan barang dengan        (KCJB) Whoosh / Launch of Jabodebek LRT and Jakarta-
 mengedepankan teknologi dan        Bandung High-Speed Train (KCJB) Whoosh
 kebutuhan pelanggan /
 Innovating passenger and freight
 transport services by leveraging   Tersedianya Kereta Panoramic, Kereta Ekonomi New Generation,
 technology and customer need       dan Kereta Suite Class Compartment. / Introduction of
                                    Panoramic Train, New Generation Economy Class, and Suite
                                    Class Compartment.

                                    Inovasi pengenalan wajah (face recognition) untuk kemudahan
                                    penumpang masuk ke peron, serta penyempurnaan layanan
                                    Access by KAI / Face recognition innovation for ease of
                                    passenger access to platforms, as well as enhancements to the
                                    Access by KAI service.

                                    Layanan dan fasilitas KA yang ramah disabilitas / Disability-
                                    friendly train services and facilities.




 Pelaksanaan kegiatan Tanggung      TJSL Pilar Sosial antara lain, KAI DungMas, KAI Sehat Sejahtera,
 Jawab Sosial Lingkungan (TJSL) /   KAI EduFriend, Beasiswa untuk Yayasan BUMN / Program
 Implementation of                  Kolaborasi Bantuan Pendidikan, Dukungan Keamanan
 Environmental and Social           Perjalanan KA, dan Dukungan Kegiatan Anti Pelecehan/
 Responsibility activities          Kekerasan Wanita di atas KA. / Social Responsibility Pillars
                                    include KAI DungMas, KAI Sehat Sejahtera, Support for Train
                                    Travel Security, KAI EduFriend, Scholarships for SOE Foundation/
                                    Education Assistance Collaboration Program, KAI Scholarships,
                                    and Support for Anti-Harassment/Violence Against Women
                                    Activities on Trains.

                                    TJSL Pilar Lingkungan, antara lain KAI Pling / Peduli Lingkungan,
                                    KAI Sar-I / Sarana Ibadah, KAI Go Green / Environmental
                                    Responsibility Pillars include KAI Pling / Environmental Care, KAI
                                    Sar-I / Worship Facilities, KAI Go Green


                                    TJSL Pilar Ekonomi meliputi MiKA Hasanah, MiKA Go Global,
                                    MiKA Next Class, Teras UMK, serta Pendanaan UMK yang
                                    disalurkan secara kolaboratif melalui PT Bank Rakyat Indonesia
                                    (Persero) Tbk. / Economic Responsibility Pillars include MiKA
                                    Hasanah, MiKA Go Global, MiKA Next Class, Teras UMK, and
                                    Collaborative Funding for SMEs through PT Bank Rakyat
                                    Indonesia (Persero) Tbk.




                        Laporan Tahunan dan Keberlanjutan
554                                                                                         PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 555
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Membangun Budaya Keberlanjutan [OJK F.1]                           Building a Culture of Sustainability [OJK F.1]
Dalam menjalankan kegiatan operasionalnya, KAI                     In carrying out its operational activities, PT Kereta Api
berupaya membangun budaya keberlanjutan di kalangan                Indonesia (KAI) strives to foster a culture of sustainability
karyawan melalui berbagai inisiatif. Mulai dari kampanye           among its employees through various initiatives. These
hemat energi hingga program pembinaan yang                         range from energy conservation campaigns to
dilaksanakan secara bersamaan dengan kegiatan-                     mentoring programs conducted concurrently with social
kegiatan sosial-kemasyarakatan seperti kegiatan KAI                and community activities such as the KAI Care for the
Peduli Lingkungan (KAI-Pling). KAI-Pling merupakan                 Environment (KAI-Pling) initiative. KAI-Pling is a program
program kepedulian KAI terhadap lingkungan berupa                  demonstrating KAI's commitment to the environment,
perbaikan sarana dan prasarana umum, pengelolaan                   involving     infrastructure      improvements,       waste
sampah, serta kegiatan penanaman pohon di sekitar area             management, and tree planting around KAI's operational
usaha KAI. Melalui program tersebut, pegawai KAI                   areas. Through this program, KAI employees are
didorong untuk berperan secara aktif dalam kegiatan                encouraged to actively contribute to environmental
penyaluran manfaat bagi lingkungan sekitar.                        benefit initiatives in their surroundings.

Selain itu, KAI juga mengikutsertakan seluruh (100%)               Moreover, KAI ensures that all (100%) employees participate
pegawai dalam pelatihan terkait kebijakan anti-fraud               in training related to anti-fraud and anti-corruption
dan anti-korupsi, serta memastikan seluruh (100%) mitra            policies, and ensures that all (100%) business partners
bisnis memahami dan ikut mempraktikkan kebijakan                   understand and adhere to anti-corruption policies. As a
anti-korupsi. KAI sebagai BUMN perkeretaapian di                   state-owned railway company in Indonesia, KAI also
Indonesia juga memastikan bahwa seluruh kegiatan                   ensures that all operational activities comply with
operasional kami mematuhi peraturan yang berlaku                   applicable regulations concerning anti-competition, anti-
terkait anti-persaingan, anti-pakat, dan monopoli                  collusion, and anti-monopoly laws, adhering strictly to
dengan mematuhi hukum dan regulasi serta menerapkan                business ethics. Therefore, the Company understands the
etika bisnis yang ketat. Oleh karenanya, Perseroan                 legal risks and maintains the reputation of its
memahami risiko hukum dan mempertahankan reputasi                  stakeholders, including by not engaging in any political
dari pemangku kepentingannya, termasuk tidak terlibat              contributions. [GRI 2-23, 2-24, 3-3, 205-2, 415-1]
dalam kontribusi politik apapun.
[GRI 2-23, 2-24, 3-3, 205-2, 415-1]



IKHTISAR KINERJA KEBERLANJUTAN
SUSTAINABILITY PERFORMANCE OVERVIEW

Kinerja Aspek Ekonomi [OJK B.1]                                    Performance Economic Aspects [OJK B.1]

               Uraian                         Satuan
                                                                      2023                    2022                  2021
             Description                       Unit

                    Kuantitas Produk/Jasa (sesuai jenis produk) / Product/Service Quantity (by product type)

 Angkutan Penumpang /                   Penumpang /
                                                             388.776.604             284.448.804           154.537.582
 Passenger Transportation               Customer

 Angkutan Barang / Cargo                Ton                  63.694.966              58.006.880            50.261.778

                                        Jutaan Rupiah / In
 Pendapatan / Income                    millions of Rupiah   35.106.535.574          25.577.639.010        17.916.776


 Laba (Rugi) tahun berjalan /           Jutaan Rupiah / In
                                        millions of Rupiah   1.871.548.137           1.685.989.220         (425.196)
 Income for the Year

 Produk Ramah Lingkungan:
                                        Unit Gerbong /
 Kereta Rel Listrik / Eco-Friendly                           994                     1.064                 1.060
                                        Carriage Unit
 Product: Electric Rail Train

 Jumlah pemasok lokal / Number          Perusahaan/mitra /
                                                             173                     182*                  155*
 of local suppliers                     Company/partner

 Persentase pemasok lokal /             Perusahaan/mitra /
                                                             70,32%                  70,00%                66,52%
 Percentage of local suppliers          Company/partner

*) Disajikan kembali                                                *) Restated




                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  555
                                                                       Annual and Sustainability Report
Page 556
                                                 Laporan Keberlanjutan
                                                 Sustainability Report




Kinerja Aspek Lingkungan Hidup [OJK B.2]                                  Performance Environmental Aspects [OJK B.2]

                   Uraian                        Satuan
                                                                              2023                2022                    2021
                 Description                      Unit

     Penggunaan Energi / Energy Usage

     Penggunaan Listrik dari Solar
     Panel / Solar Panel Electricity       GJ                   64.707                   55.221                  40.303
     Usage

     Penggunaan Listrik PLN / PLN
                                           GJ                   4.410.241                4935.866                3.977.090
     Electricity Usage

     Penggunaan Bensin / Use of Fuel       GJ                   13.212.047               13.692.179              13.828.989

     Penggunaan Biosolar / Use of
                                           GJ                   66.072.042               70.623.008              75.576.814
     Biodiesel Fuel

                                           • GJ/Penumpang       0,22                     0,31                    0,60
                                             GJ/Passenger
     Intensitas Pemakaian Energi /
                                           • GJ/Ton             1,32                     1,54                    1,86
     Energy Usage Intensity
                                           • GJ/Milyar          2,39                     3,49                    5,21
                                             GJ/Billion

     Penggunaan Air / Water Usage          Megaliter            555,76                   782,74                  757,02

     Emisi yang dihaslikan / Produced Emissions

     Cakupan 1 Emisi Bensin dan
     Biosolar / Scoe 1 Fuel and            Ton Co²-eq           5.877.135                6.250.735               6.629.394
     Biodiesel Emission

     Cakupan 2 Emisi Listrik PLN /
                                           Ton Co²-eq           1.144.213                1.280.583               1.031.826
     Scope 2 PLN Electricity Emission

     Cakupan 3 Emisi Perjalanan Dinas
                                           Ton Co²-eq           6.201.537                6.948.107               7.432.455
     / Scope 3 Business Trip Emission

                                           Ton CO²-eq/Milyar
     Intensitas Emisi per Pendapatan /     Rp
                                                                0,20                     0,29                    0,43
     Emission Intensity per Revenue        Ton CO²-eq/Billion
                                           Rp

     Intensitas Emisi per ton / Emission
                                           Ton CO² -eq/ Ton     0,208                    0,250                   0,300
     Intensity per ton

     Pelestarian Keanekaragaman Hayati / Biodiversity Conservation

     Penanaman Pohon / Tree Planting       Pohon / Tree         17.123                   64.157                  13.023

     Pengaduan Lingkungan /
                                           Kasus / Case         Nihil / Nil              Nihil / Nil             Nihil / Nil
     Environmental Complaint

*)    Disajikan kembali                                                  *)   Restated


Kinerja Aspek Sosial [OJK B.3]                                           Social Aspect Performance [OJK B.3]

                   Uraian                        Satuan
                                                                              2023                2022                    2021
                 Description                      Unit

                                                 Aspek Ketenagakerjaan / Labor Aspect

     Rata-rata jam pelatihan per
     karyawan / Average Hour of
     Training Per-Employee

       • Laki-laki / Male                                       184                      6                       3
                                           Jam / Karyawan
                                           Hour / Employee
       • Perempuan / Female                                     146                      24                      7

     Kepuasan Karyawan / Employee
                                           Poin / Points        4,25                     4,17                    4,22
     Satisfaction

     Jam Kerja Aman / Safe Work
                                           Jam / Hours          5.677.549                8.888.040               13.007.280
     Hours




                               Laporan Tahunan dan Keberlanjutan
556                                                                                                  PT Kereta Api Indonesia (Persero)
                                 Annual and Sustainability Report
Page 557
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




              Uraian                        Satuan
                                                                       2023                       2022                  2021
            Description                      Unit

                                             Aspek Pelanggan / Customer Aspect

 Pengaduan Pelanggan / Customer
                                      Kasus / Case            44.735                     29.106              15.818
 Complaint

 Kepuasan Penumpang /                 Skala (Kategori) /
                                                              4,44 (High)                4,39 (High)         4,34 (High)
 Passenger Satisfaction               Scale (Category)

                                   Aspek Sosial-Kemasyarakatan / Social-Community Aspect

 Penyaluran Tanggung Jawab
 Sosial dan Lingkungan / Social       Rupiah Penuh /
                                                              14.999.621.732             9.645.348.012       8.769.074.128
 and Environment Responsibility       Full Rupiah
 Fund Distribution

 Pendanaan Mitra Binaan /             Rupiah Penuh /
                                                              16.696.315.845             7.066.650.000       7.070.575.00
 Partnership Fund Distribution        Full Rupiah

 Jumlah Mitra Binaan / Number of      Perusahaan/Mitra /
                                                              626                        2.571               2.644
 Fostered Partner                     Company/ Partner




KINERJA EKONOMI
ECONOMIC PERFORMANCE
Kemampuan adaptasi KAI atas kompetitifnya persaingan                 PT Kereta Api Indonesia's ability to adapt to competitive
di sektor transportasi dalam negeri, serta berbagai inovasi          domestic transportation sectors, along with various
yang diluncurkan selama tahun 2023 mampu mendorong                   innovations launched throughout 2023, has bolstered
kinerja ekonomi Perusahaan. Meningkatnya mobilitas                   the company's economic performance. The increased
nasional sejak dicabutnya status pandemi Covid-19 secara             national mobility since the official lifting of the Covid-19
resmi pada 21 Juni 2023 turut berdampak pada                         pandemic status on June 21 st, 2023, has also contributed
tercapainya volume angkutan penumpang dan barang                     to surpassing the set targets for passenger and freight
di atas target yang ditetapkan.                                      transport volumes.

Perbandingan Target dan Kinerja [OJK F.2]                            Comparison of Production                   Targets        and
                                                                     Performance [OJK F.2]
Angkutan Penumpang dan Angkutan Barang                               Passenger and Freight Transport
Pada tahun 2023, volume dan pendapatan angkutan                      In 2023, PT Kereta Api Indonesia's passenger transport
penumpang KAI melampaui target dengan realisasi                      volume and revenue exceeded targets, with actual figures
mencapai 388.776.604 orang penumpang dan pendapatan                  reaching    388,776,604    passengers      and    revenue
sebesar Rp9,9 triliun, sebagaimana dijelaskan pada tabel             amounting to Rp9.9 trillion, as explained in the following
berikut ini.                                                         table.

                                                                             Perbandingan Target dan Realisasi Pendapatan
               Perbandingan Target dan Realisasi Angkutan
                                                                             Angkutan Penumpang (dalam Ribuan Rupiah) /
             Penumpang (dalam Orang) / Comparison of Target
                                                                            Comparison of Target and Realization of Passenger
             and Realization of Passenger Transport (in People)
                                                                               Transport Revenue (in Thousands of Rupiah)

  Tahun
              Target        Realisasi        Persentase Realisasi             Target         Realisasi     Persentase Realisasi
                           Realization       terhadap Target (%)                            Realization    terhadap Target (%)
                                                Percentage of                                                 Percentage of
                                             Realization of Target                                         Realization of Target
                                                      (%)                                                           (%)

  2023      382.089.477    388.776.604               101,75              9.447.928.488     9.941.825.625          105,23

  2022      274.437.174    284.448.804               103,65              4.887.198.501     6.964.495.288          142,50

   2021     214.547.283    154.537.582               72,03               2.450.673.572     2.363.286.232              96,43


Sementara volume angkutan barang memenuhi target                     Meanwhile, the freight transport volume met the target
dengan realisasi 63.694.966 ton dengan pendapatan                    with a realization of 63,694,966 tons, achieving 96.57%
96,57% dari target.                                                  of the revenue target.




                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  557
                                                                        Annual and Sustainability Report
Page 558
                                                 Laporan Keberlanjutan
                                                 Sustainability Report




Perbandingan Target dan Realisasi Angkutan Barang                        Comparison of Targets and Realization of Freight
                                                                         Transportation

                                                                                 Perbandingan Target dan Realisasi Pendapatan
           Perbandingan Target dan Realisasi Angkutan Barang
                                                                                   Angkutan Barang (dalam Ribuan Rupiah) /
           (dalam Ton) / Comparison of Target and Realization of
                                                                                 Comparison of Target and Realization of Freight
                         Freight Transport (in Tons)
                                                                                   Transport Revenue (in Thousands of Rupiah)

 Tahun
             Target           Realisasi          Persentase Realisasi           Target          Realisasi         Persentase Realisasi
                             Realization         terhadap Target (%)                           Realization        terhadap Target (%)
                                                    Percentage of                                                    Percentage of
                                                 Realization of Target                                            Realization of Target
                                                          (%)                                                              (%)

  2023      63.061.602        63.694.966                 101,00              12.059.567.614   11.646.062.370                 96,57

  2022     60.246.406        58.006.880                  96,28               8.716.752.845    9.833.032.266                  112,8 0

  2021      56.412.318        50.261.778                 89,10               7.714.142.733    7.327.830.146                  94,99


Realisasi pendapatan dari komersialisasi aset pada tahun                 Revenue realization from asset commercialization in 2023
2023 mencapai 86,72% dari target dengan luas                             reached 86.72% of the target, with an area of 7,438,573.80
dikomersialkan mencapai 7.438.573,80 m²                                  m² being commercialized.

Perbandingan Target dan Realisasi Komersialisasi Aset                    Comparison of Asset Commercialization Targets and
                                                                         Realization

                                                               Perbandingan Target dan Realisasi Pendapatan
                                                                 Komersialisasi Aset (Dalam Ribuan Rupiah)
                                                  Comparison of Target and Realization of Asset Commercialization Revenue (In
            Realisasi Komersialisasi                                        Thousands of Rupiah)
 Tahun         aset (dalam m²)
  Year        Realization of Asset
           Commercialization (In m²)                     Target                        Realisasi                 Persentase Realisasi
                                                                                      Realization                terhadap Target (%)
                                                                                                                 Percentage of Target
                                                                                                                    Realization (%)

  2023             7.438.573,80                     1.457.222.518.259               1.282.089.615.915                       86,98

  2022             7.768.939,11                     936.287.984.000                 938.238.631.733                         100,21

  2021             4.476.810,09                     770.890.045.487                 693.301.338.031                         89,94


Pada tahun 2023, KAI membukukan laba tahun berjalan                      In 2023, KAI recorded a profit for the year of Rp1.87 trillion,
sebesar Rp1,87 triliun atau 107,81% terhadap target yang                 or 107.81% of the established target.
telah ditetapkan.

Perbandingan Target dan Realisasi Laba (Rugi) Tahun                      Comparison of Target and Realized Profit (Loss) for
Berjalan                                                                 the Current Year

                                         Perbandingan Target dan Realisasi Laba (Rugi) Tahun Berjalan /
                                         Comparison of Target and Realization of Profit (Loss) for the Year
 Tahun
  Year      Target (Dalam Ribuan Rupiah) /              Realisasi (Dalam Ribuan Rupiah) /            Persentase Realisasi terhadap
            Target (In Thousands of Rupiah)                Realization (In Thousands of             Target (%) / Percentage of Target
                                                                      Rupiah)                                Realization (%)

  2023                   1.735.899.562                              1.871.548.137                                   107.81

  2022                   103.739.264                               1.685.989.220                                    1.625

  2021                   (723.337.702)                              (425.195.645)                                   141,22




                         Laporan Tahunan dan Keberlanjutan
558                                                                                                     PT Kereta Api Indonesia (Persero)
                           Annual and Sustainability Report
Page 559
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Perbandingan Target dan Kinerja Portofolio,                      Comparison of Portfolio Targets and
Target Pembiayaan, atau Investasi pada                           Performance, Financing Targets, or
Instrumen Keuangan atau Proyek yang                              Investments in Financial Instruments or
Sejalan dengan Keuangan Berkelanjutan                            Projects that are in Line with Sustainable
[OJK F.3]                                                        Finance [OJK F.3]
KAI berkomitmen untuk melaksanakan investasi                     KAI is committed to carrying out sustainable development
pengembangan berkelanjutan yang pada jangka panjang              investments which in the long term are expected to
diharapkan mampu menghadirkan dukungan signifikan                provide    significant   support      for   environmental
bagi upaya pelestarian lingkungan. Untuk itu, KAI                conservation efforts. For this reason, KAI is trying to use
berupaya menggunakan kereta api ramah lingkungan                 environmentally friendly trains through the use of B35
melalui penggunaan bahan bakar B35 dan pemanfaatan               fuel and the use of electric power and the utilization of
panel surya untuk menghasilkan tenaga listrik guna               solar panels to generate electricity to reduce greenhouse
mengurangi emisi gas rumah kaca (GRK).                           gas (GHG) emissions.

Pengungkapan perbandingan target dan realisasi                   Disclosure of comparison of targets and realization of
investasi pengembangan berkelanjutan KAI untuk                   KAI's sustainable development investment for 2023 is as
tahun 2023 adalah sebagai berikut:                               follows:

Perbandingan Target dan Realisasi Investasi                      Comparison of Development Investment Targets
Pengembangan                                                     and Realization

                                     Perbandingan Target dan Realisasi Investasi Pengembangan /
                                    Comparison of Targets and Realization of Development Investment
  Tahun
   Year      Target (Dalam Ribuan Rupiah) /        Realisasi (Dalam Ribuan Rupiah) /        Persentase Realisasi terhadap
             Target (In Thousands of Rupiah)          Realization (In Thousands of         Target (%) / Percentage of Target
                                                                 Rupiah)                            Realization (%)

  2023                    2.181                                   1.160                                  53,21

  2022                    2.015                                   547                                    27,13

   2021                   7.177                                  3.848                                   53,62


Implikasi Finansial, Risiko, serta Peluang Akibat                Implikasi Finansial, Risiko, serta Peluang Akibat
Perubahan Iklim [GRI 3-3, 201-2]                                 Perubahan Iklim [GRI 3-3, 201-2]
Perseroan memahami bahwa perubahan iklim yang                    The company understands that global-scale climate
berlangsung pada skala global telah memberikan dampak            change has indirectly impacted KAI's operational
tidak langsung terhadap aktivitas operasi KAI, yang              activities, potentially bringing about physical and financial
kemudian memiliki kemungkinan untuk menghadirkan                 implications. With this understanding, the company has
implikasi fisik dan finansial. Atas pemahaman tersebut,          regularly identified environmental disaster hazards,
Perseroan telah melakukan identifikasi terhadap bahaya,          assessed them, and controlled them. In 2023, there were
penilaian, dan pengendalian risiko bencana lingkungan            45 incidents of railway travel disruptions caused by climate
secara berkala. Selama 2023, terdapat 45 kejadian                change-related events such as waterlogging, floods, and
gangguan perjalanan kereta api yang diakibatkan oleh             landslides.
kejadian alam akibat perubahan iklim seperti genangan
air, banjir, dan longsor.

Atas kesadaran terhadap dampak perubahan iklim, KAI              Recognizing the impact of climate change, KAI has
telah melakukan identifikasi risiko dan peluang yang             identified risks and opportunities associated with
terkait dengan perubahan iklim. Pendekatan yang                  climate change. The approach used in this process is the
digunakan dalam proses ini adalah TCFD (Task Force on            TCFD (Task Force on Climate-related Financial
Climate-related Financial Disclosures), yang secara              Disclosures), specifically designed to assist organizations
khusus dirancang untuk membantu organisasi dalam                 in managing risks and opportunities arising from climate
mengelola risiko dan peluang yang diakibatkan oleh               change. With a better understanding of climate change
perubahan iklim. Dengan pemahaman yang lebih baik                risks and opportunities, KAI is developing strategies to
tentang risiko dan peluang perubahan iklim, KAI                  manage climate change impacts and ensure business
mengembangkan strategi untuk mengelola dampak                    sustainability in the future, as described in the
perubahan iklim dan memastikan keberlanjutan bisnisnya           Sustainability Governance section of this report. However,
di masa depan, seperti dijelaskan pada bagian Tata Kelola        as of 2023, KAI has not yet identified and allocated costs
Keberlanjutan dalam laporan ini. Namun, sampai 2023              for managing climate-related risks and opportunities
KAI belum mengidentifikasi dan mengalokasikan biaya              separately.
untuk pengelolaan risiko dan peluang terkait perubahan
iklim secara terpisah.




                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                559
                                                                    Annual and Sustainability Report
Page 560
                                          Laporan Keberlanjutan
                                          Sustainability Report




Program Pensiun [GRI 201-3]                                     Pension Program [GRI 201-3]
KAI sebagai Badan Usaha Milik Negara (BUMN)                     As a State-Owned Enterprise, KAI provides defined
memberikan manfaat pasti ketika pegawai kami telah              benefits when our employees reach retirement age. These
mencapai usia pensiun. Manfaat pasti tersebut diberikan         defined benefits are provided according to the regulations
tergantung peraturan yang berlaku ketika pegawai                in effect at the time of the employee's recruitment.
direkrut.

Sesuai  dengan     Peraturan   Pemerintah     tentang           In accordance with the Government Regulation on
Penyesuaian Pensiun Eks-PNS Departemen Perhubungan              Pension Adjustments for Former Civil Servants (PNS) of
pada PT Kereta Api Indonesia (Persero) No. 64 tanggal           the Department of Transportation at PT Kereta Api
29 November 2007, Eks-PNS berhak memperoleh pension             Indonesia (Persero) No. 64 dated November 29 th, 2007,
pokok yang besarnya disesuaikan sama dengan pension             former civil servants are entitled to receive a basic
pokok yang diterima oleh penerima pensiun PNS.                  pension that is adjusted to be equal to the basic pension
                                                                received by other retired civil servants.

Berdasarkan Peraturan Menteri Keuangan Republik                 Based on the Regulation of the Minister of Finance of
Indonesia Nomor 170/PMK.02/2016 tentang Penyediaan              the Republic of Indonesia Number 170/PMK.02/2016
Dana Program Penyesuaian Pensiun Eks Pengawai Negeri            concerning the Provision of Funds for the Pension
Sipil Departemen Perhubungan pada PT Kereta Api                 Adjustment Program for Former Civil Servants of the
Indonesia (Persero) Penetapan Pendanaan Bersama                 Department of Transportation at PT Kereta Api Indonesia
Pembayaran Manfaat Pensiun antara APBN, Hasil Investasi         (Persero), the determination of Joint Funding for Pension
dari Akumulasi Dana Pensiun Pegawai PT Kereta Api               Benefit Payments between the State Budget (APBN),
Indonesia (Persero) dan Perusahaan menetapkan bahwa             Investment Returns from the Accumulated Pension
kontribusi pendanaan Perusahaan sebesar 11%, Hasil              Fund of Employees of PT Kereta Api Indonesia (Persero),
Investasi dari Akumulasi Dana Pensiun Pegawai PT                and the Company establishes that the Company's funding
Kereta Api Indonesia (Persero) sebesar 11%; dan                 contribution is 11%, Investment Returns from the
Pemerintah sebesar 78% Perusahaan menyelenggarakan              Accumulated Pension Fund of Employees of PT Kereta
program pension manfaat pasti bagi karyawan Eks-Perum           Api Indonesia (Persero) is 11%, and the Government
yang direkrut sebelum Agustus 2009 & karyawan Persero           contributes 78%. The Company administers a defined
yang direkrut setelah Agustus 2009. Manfaat pensiun             benefit pension program for former Perum employees
dihitung berdasarkan Gaji Dasar Asuransi Pekerja                recruited before August 2009 and for Persero employees
berdasarkan Addendum Dan Pernyataan Kembali Atas                recruited after August 2009. The pension benefits are
Perjanjian Kerjasama Antara PT Kereta Api Indonesia             calculated based on the Employee Insurance Basic Salary,
(Persero)Dengan Asuransi Jiwa IFG Tentang Pengelolaan           according to the Addendum and Restatement of the
Program Asuransi IFG {endanaan Hari Tua Bagi Pegawai            Cooperation Agreement between PT Kereta Api Indonesia
Dan Program Asuransi IFG Anuitas Prima Bagi Pensiunan           (Persero) and IFG Life Insurance regarding the
PT Kereta Api Indonesia Persero.                                Management of the IFG Old Age Fund Insurance Program
                                                                for Employees and the IFG Prima Annuity Insurance
                                                                Program for Retirees of PT Kereta Api Indonesia (Persero).


                 Uraian
                                                          2023                                     2022
               Description

 Program Pensiun Eks PNS / Former Civil
                                                       1.138.251.753                           1.098.808.740
 Servant Retirement Program

 Program Pensiun Eks Perum dan
 Persero / Former Perum and Persero                   4.401.673.427                             4.037.598.131
 Pension Program

 Imbalan Kerja Lain / Other Work
                                                       78.591.696                                60.745.103
 Benefits

 Total Liabilitas Imbalan Kerja                       5.618.516.876                             5.197.151.974


Nilai Ekonomi yang Dihasilkan dan Didistribusikan               Economic Value Generated and Distributed
[GRI 2-27, 3-3, 201-1, 201-4]                                   [GRI 2-27, 3-3, 201-1, 201-4]
Kinerja ekonomi yang dinilai dari nilai ekonomi yang            Economic performance as assessed by the economic value
dihasilkan dan didistribusikan adalah dasar untuk               generated and distributed is the basis for the long-term
pertumbuhan dan keberlanjutan jangka panjang                    growth and sustainability of companies and their
perusahaan dan para pemangku kepentingannya. Hal                stakeholders. This allows further investment in
ini memungkinkan investasi lebih lanjut dalam                   infrastructure, technology and human resources to
infrastruktur, teknologi, dan sumber daya manusia               encourage economic progress and societal mobility. The
hingga mendorong kemajuan ekonomi dan mobilitas                 Company is committed to achieving solid economic
masyarakat. Perseroan berkomitmen untuk mencapai                performance through effective business strategies, good




                        Laporan Tahunan dan Keberlanjutan
560                                                                                     PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 561
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




kinerja ekonomi yang solid melalui strategi bisnis yang          risk management, and investment in innovation and
efektif, manajemen risiko yang baik, dan investasi dalam         infrastructure. In the 2023 period, KAI generated an
inovasi dan infrastruktur. Pada periode 2023, KAI                economic value of Rp27.76 trillion or an increase of 20.88%
menghasilkan nilai ekonomi sejumlah Rp 27,76 triliun             compared to 2022 which amounted to Rp22.96 trillion.
atau meningkat 20,88% dibanding pada 2022 yang                   The economic value generated in 2023 consists of several
sejumlah Rp 22,96 triliun. Nilai ekonomi yang dihasilkan         components of KAI's income, namely revenue from
pada 2023 terdiri atas beberapa komponen pendapatan              passenger     transportation,     freight   transportation,
KAI, yaitu pendapatan angkutan penumpang, angkutan               supporting railroad transportation, non-transportation
barang, angkutan pendukung angkutan KA, pendapatan               income,     and     government       compensation.      The
non-angkutan,      serta    kompensasi      pemerintah.          compensation provided by the government is 3.52 trillion
Kompensasi yang diberikan pemerintah sebesar 3,52                in the form of Public Service Revenue (PSO),
triliun yang berupa Pendapatan Pelayanan Publik (PSO),           Infrastructure Maintenance and Pioneer Transportation.
Pemeliharaan Infrastruktur, dan Angkutan Perintis. Nilai         The resulting economic value reflects public trust and
ekonomi yang dihasilkan tersebut mencerminkan                    government support for KAI. The company distributed
kepercayaan publik dan dukungan pemerintah untuk                 an amount of Rp25.22 trillion in 2023, showing an increase
KAI. Perseroan mendistribusikan sejumlah Rp 25,22 triliun        of 24.10% of the economic value distributed in 2022. The
pada 2023, memperlihatkan peningkatan 24,10% dari nilai          distribution of economic value is channeled to operational
ekonomi yang didistribusikan pada 2022. Distribusi nilai         costs, employee remuneration, payments to suppliers and
ekonomi tersebut disalurkan untuk biaya operasional,             capital owners. KAI also complies with regulations by
remunerasi pegawai, pembayaran kepada pemasok dan                paying for the use of government infrastructure and taxes
pemilik modal. KAI juga mematuhi peraturan dengan                and regularly reported to the government. Tax
membayar penggunaan prasarana pemerintah dan pajak               compliance is supervised by the Finance Consolidation
yang secara rutin dilaporkan kepada pemerintah.                  Division and in collaboration with local tax directorates.
Kepatuhan pajak diawasi oleh Divisi Finance                      Apart from that, we create wider benefits by implementing
Consolidation dan bekerjasama dengan direktorat pajak            the CSER program.
setempat. Selain itu, kami menciptakan manfaat yang
lebih luas dengan pelaksanaan program TJSL.

Dampak Ekonomi bagi Pemangku Kepentingan                         Ecnomic Impact for Stakeholders
dalam rupiah penuh                                               in full Rupiah

                            Uraian
  No                                                             2023                    2022                    2021
                          Description

   1    Nilai Ekonomi yang dihasilkan / Generated Economic Value

           a. Pendapatan Angkutan Penumpang /
              Revenues from Passenger                     9.941.825.625.000       6.964.495.288.000       2.363.286.232.000
              Transportation

           b. Pendapatan Angkutan Barang /
                                                          11.646.062.369.000       9.833.032.266.000      7.456.829.637.000
              Revenues from Freight Transportation

           c. Pendapatan Pendukung Angkutan KA /
              Revenues from Transportation Support         869.775.827.000          713.611.039.000         672.143.192.000
              Train

           d. Pendapatan Non Angkutan / Revenues
                                                           1.780.153.295.000       1.575.688.038.000       1.134.200.352.000
              from Non-Transportation

           e. Kompensasi Pemerintah / Government
                                                          3.526.469.925.000       3.880.245.033.000       3.903.070.707.000
              Compensation

        Total Nilai Ekonomi yang Dihasilkan
                                                         27.764.287.041.000       22.967.071.664.000      15.529.530.120.000
        Total Generated Economic Value

   2    Nilai Ekonomi yang didistribusikan dalam bentuk: / Economic Value distributed in the form of:

           a. Biaya Operasional / Operating Expenses       4.227.212.786.000      3.664.532.070.000       2.543.050.490.000

           b. Pembayaran Terhadap Pemerintah /
              Payments To Government
                                                           1.108.901.086.000       482.366.417.000        592.730.256.000

              i.   Penggunaan Prasarana /
                                                           656.220.091.000          221.003.573.000        414.889.721.000
                   Infrastructure Usage

              ii. Pembayaran Pajak / Tax Payment           452.680.995.000         261.362.844.000         177.840.535.000

           c. Pembayaran Terhadap Pegawai /
                                                           7.261.135.359.000      6.469.435.899.000        4.810.626.189.000
              Payments to Employees




                                                                 Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                561
                                                                     Annual and Sustainability Report
Page 562
                                             Laporan Keberlanjutan
                                             Sustainability Report




                                Uraian
  No                                                                  2023                            2022                     2021
                              Description

          d. Pembayaran Kepada Pemilik modal /
                                                                        0                              0                         0
             Payment to Capital Owners

          e. Pembayaran Kepada Masyarakat
             (Penyaluran Dana TJSL) / Payment to                  14.999.621.732                 9.792.154.012            8.769.074.128
             Public (TJSL Fund Distribution)

          f.    Pembayaran Kepada Pemasok /
                                                             12.614.784.290.000             9.701.299.798.000           7.995.549.198.000
                Payment to Suppliers

       Total Nilai Ekonomi yang didistribusikan /
                                                             25.227.0333.142.732            20.327.426.338.012          15.950.725.207128
       Total Distributed Economic Value

  3    Pendapatan dan (Beban) Lain-lain / Other
                                                               (1.613.315.381.000)           (1.161.657.619.000)         (771.399.410.000)
       Revenues and (Expenses)

  4    Manfaat (Beban) Pajak Penghasilan / Income
                                                               (375.939.030.000)             524.599.080.000             121.784.883.000
       Tax Benefit (Expense)

  5    Laba (Rugi) Tahun Berjalan / Profit (Loss) for
                                                                 1.871.548.137.000          1.685.989.220.000            425.195.643.000
       the Year

  6    Laba (Rugi) Tahun Berjalan yang Dapat
       Diatribusikan kepada Kepentingan Non
                                                                  2.373.164.000               96.051.257.000                62.735.570
       Pengendali / Profit (Loss) For The Year
       Attributable To Non-Controlling Interests

  7    Nilai Ekonomi yang ditahan - Laba (Rugi)
       Tahun Berjalan yang Dapat Diatribusikan
       kepada Induk / Retained Economic Value -                1.873.921.301.000            1.782.040.477.000            425.132.907.430
       Profit (Loss) For The Year Attributable to
       the Parent


Dampak Ekonomi Tidak Langsung                                          Indirect Economic Impact
[GRI 203-1, 203-2, 204-1]                                              [GRI 203-1, 203-2, 204-1]
Sebagai perusahaan yang beroperasi pada bidang                         As a company operating in the transportation sector, KAI
transportasi, KAI melaksanakan sejumlah inisiatif                      carries out a number of economic value distribution
penyaluran nilai ekonomi sebagai wujud kontribusi bagi                 initiatives as a form of contribution to stakeholders. This
pemangku kepentingan. Inisiatif tersebut terlaksana                    initiative is implemented through a number of
melalui sejumlah program dan kegiatan pemberdayaan,                    empowerment programs and activities, in the form of
berupa dukungan layanan bagi pemangku kepentingan                      service support for stakeholders and development of
serta   pembangunan       infrastruktur umum      bagi                 public      infrastructure     for     the    community.
masyarakat.

Pemetaan terhadap dukungan layanan bagi pemangku                       The mapping of service support for stakeholders that
kepentingan yang telah dilakukan KAI pada 2023                         The mapping of service support for stakeholders that
diungkapkan sebagai berikut:                                           KAI has carried out in 2023 is expressed as follows:

Dampak Ekonomi bagi Pemangku Kepentingan                               Economic Impact for Stakeholders
Dalam ribuan rupiah                                                    In thousands of rupiah

                 Uraian
                                                   2023                                   2022                             2021*
               Description

                                                         Aktivitas Operasi
                                                        Operational Activities

 Pembayaran kepada Pemasok
                                              (12.614.784.290)                       (9.701.299.798)                   (7.995.549.108)
 Payment to Suppliers

 Pembayaran kepada Karyawan
                                               (7.261.135.359)                       (6.469.435.899)                   (4.810.626.189)
 Payment to Employees

 Pembayaran kepada Pemerintah
                                               (656.220.091)                          (221.003.573)                     (414.889.721)
 Payment to Government

 Pembayaran Pajak Penghasilan
                                               (452.680.995)                          (261.362.844)                     (177.840.535)
 Income Tax Payment

 Pembayaran Beban Keuangan
                                               (1.357.714.336)                       (900.937.342)                      (869.512.150)
 Financial Expenses Payment




                             Laporan Tahunan dan Keberlanjutan
562                                                                                                        PT Kereta Api Indonesia (Persero)
                               Annual and Sustainability Report
Page 563
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Dampak Ekonomi bagi Pemangku Kepentingan                       Economic Impact for Stakeholders
Dalam ribuan rupiah                                            In thousands of rupiah

                 Uraian
                                                2023                             2022                      2021*
               Description

                                                   Aktivitas Pendanaan
                                                    Financing Activities

 Pembayaran Pinjaman Bank
 Jangka Pendek
                                           (6.007.777.797)                 (14.606.472.528)            (7.657.502.999)
 Payment of Short-Term Bank
 Loans

 Pembayaran Pinjaman Bank
 Jangka Panjang                             (1.236.391.211)                  (941.505.589)              (381.327.501)
 Payment of Long-Term Bank Loans

 Pembayaran Liabilitas Sewa
                                            (31.554.208)                     (37.190.355)               (26.886.581)
 Payment of Lease Liabilities

 Pembayaran Dividen Entitas Anak
                                              (448.465)                       (298.264)                   (198.294)
 Subsidiary Dividend Payment

*) Disajikan kembali                                           *) Restated


Lebih dari itu itu, KAI menghadirkan dampak ekonomi            More than that, KAI has an indirect economic impact in
tidak    langsung     berupa   penyaluran  dukungan            the form of providing infrastructure support to the
infrastruktur    bagi    lingkungan.   Pengungkapan            environment. Disclosure regarding this matter will be
mengenai hal tersebut akan disajikan pada subbagian            presented in the Environmental Social Responsibility
Kegiatan Tanggung Jawab Sosial Lingkungan pada                 Activities subsection in this Sustainability Report.
Laporan Keberlanjutan ini.

Kinerja Lingkungan Hidup                                       Environmental Performance
Sebagai perusahaan yang bergerak di bidang                     As a company operating in the transportation sector, KAI
transportasi, KAI menjalankan aktivitas operasional yang       carries out operational activities that are not all directly
seluruhnya tidak berkaitan secara langsung atau                related or have a very significant negative impact on the
memberikan dampak buruk yang sangat signifikan                 environment. Due to this, information regarding
terhadap lingkungan hidup. Atas hal tersebut, informasi        environmental performance in this section will focus more
mengenai kinerja lingkungan hidup pada bagian ini akan         on information related to environmental costs, use of
lebih ditekankan pada informasi terkait biaya                  environmentally friendly materials, amount and intensity
lingkungan hidup, penggunaan material yang ramah               of energy used, efforts and achievements of energy
lingkungan, jumlah dan intensitas energi yang                  efficiency, use of renewable energy, and use of water. In
digunakan, upaya dan pencapaian efisiensi energi,              addition, in this Sustainability Report, information will
penggunaan energi terbarukan, serta penggunaan air.            be disclosed on impact reduction activities around
Selain itu, pada Laporan Keberlanjutan ini, akan               operational areas or areas that are in conservation areas
diungkapkan informasi kegiatan pengurangan dampak              or have biodiversity, biodiversity conservation efforts, the
pada sekitar wilayah operasional atau area yang berada         amount and intensity of emissions produced based on
di daerah konservasi atau memiliki keanekaragaman              their type, efforts and achievements in reducing
hayati, usaha konservasi keanekaragaman hayati, jumlah         emissions achieved. carried out, the amount of waste and
dan intensitas emisi yang dihasilkan berdasarkan jenisnya,     effluent produced based on type, waste and effluent
upaya dan pencapaian pengurangan emisi yang                    management mechanisms, spills that occur, as well as
dilakukan, jumlah limbah dan efluen yang dihasilkan            the number and material of environmental complaints
berdasarkan jenis, mekanisme pengelolaan limbah dan            received and resolved that are relevant to KAI's business
efluen, tumpahan yang terjadi, serta jumlah dan materi         activities.
pengaduan lingkungan hidup yang diterima dan
diselesaikan yang relevan dengan kegiatan usaha KAI.

Aspek Umum                                                     General Aspect
Biaya Lingkungan Hidup [OJK F.4]                               Environmental Costs [OJK F.4]
Pada tahun 2023, KAI melakukan kegiatan-kegiatan yang          In 2023, KAI will carry out activities that support
mendukung pelestarian lingkungan dengan realisasi biaya        environmental preservation with a realized cost of
sejumlah Rp 5.239.970.577,- dengan uraian sebagai              Rp5,239,970,577,- with the following description:
berikut:




                                                               Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              563
                                                                   Annual and Sustainability Report
Page 564
                                           Laporan Keberlanjutan
                                           Sustainability Report




Biaya Lingkungan Hidup                                             Environmental Cost

                     Kegiatan                                  Uraian                                     Biaya (Rp)
  No
                      Activity                               Description                                  Costs (Rp)

                                         Program Bantuan Sarana dan Prasarana Umum
   1    KAI Pling (Peduli Lingkungan)    Assistance Program for Public Rolling Stock and                 2.848.246.177
                                         Infrastructure

                                         Program Bantuan Sarana dan Prasarana Ibadah
   2    KAI Sar-I (Sarana Ibadah)        Assistance Program for Worship Rolling Stock                    1.726.089.400
                                         and Infrastructure

                                         Program Pelestarian Lingkungan
   3    KAI Go Green                                                                                     665.635.000
                                         Environmental Conservation Program

                                         Jumlah
                                                                                                         5.239.970.577
                                          Total


Aspek Material                                                     Material Aspects
Penggunaan Material yang Ramah Lingkungan                          Use of Environmentally Friendly Materials
[OJK F.5]                                                          [OJK F.5]
Sejak tahun 2018, KAI telah menerapkan komitmen untuk              Since 2018, KAI has implemented a commitment to
mendukung program pemerintah dalam mengurangi                      support government programs to reduce plastic waste,
sampah plastik, yang diwujudkan dengan penggunaan                  which is realized by using environmentally friendly
kemasan ramah lingkungan pada 100% produk makanan                  packaging on 100% of food and beverage products sold
dan minuman yang dijual dalam perjalanan kereta api.               on train trips. This environmentally friendly packaging
Kemasan ramah lingkungan tersebut menggunakan                      uses paper, corn fiber and sugar cane fiber. Apart from
material kertas, serat jagung, dan serat tebu. Bahan organik       being safe for food, this natural organic material is also
alami tersebut selain aman untuk makanan juga mudah                easily decomposed. The use of this packaging is expected
terurai. Penggunaan kemasan tersebut diharapkan                    to play a significant role in efforts to minimize the use
mampu berperan secara signifikan sebagai upaya                     of plastic. [GRI 301-1, 301-2, 301-3]
meminimalisasi penggunaan plastik.
[GRI 301-1, 301-2, 301-3]

Aspek Energi                                                       Energy Aspects
Jumlah dan Intensitas Energi yang Digunakan                        Amount and Intensity of Energy Used
[OJK F.6] [GRI 302-1] [GRI 302-2]                                  [OJK F.6] [GRI 302-1] [GRI 302-2]
KAI telah melakukan penghitungan terhadap jumlah                   KAI has conducted calculations on the amount of
energi terbarukan berupa listrik yang berasal dari tenaga          renewable energy in the form of electricity from solar
matahari dan energi tak terbarukan yang berupa listrik             power and non-renewable energy in the form of electricity
dari Perusahaan Listrik Negara (PLN), Bensin, dan Biosolar         from the State Electricity Company (PLN), gasoline, and
B35. Penghitungan yang ditampilkan sudah mencakup                  Biosolar B35. The displayed calculations already cover
masing-masing unit kerja pada wilayah operasional, dengan          each work unit in the operational area, with the following
hasil sebagai berikut:                                             results:

Pemakaian Energi                                                   Energy Usage
Energi Baru Terbarukan                                             Renewable energy

                                                                                      Listrik (kWh)
                             Uraian                                                  Electricity (kWh)
  No
                           Description
                                                                 2023                        2022                      2021

   1    Kantor Pusat                                   3.630.154                 3.018.724                 2.175.267

   2    DAOP 5 Purwokerto                              3.971.335                 3.620.411                 3.071.205

   3    DAOP 6 Yogyakarta                              10.351.228                8.699.548                 5.948.421

   4    BY Manggarai                                   21.200                    0                         0

   5    KAI Wisata                                     359                       359                       359

   6    KAI Service                                    72.900                    58.320                    46.656




                          Laporan Tahunan dan Keberlanjutan
564                                                                                            PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 565
                                             Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Energi Tak Terbarukan                                                                 Non-Renewable energy

                                                Listrik (kWh)                                 Bensin (liter)                           Biosolar B30 (liter)
                  Uraian                       Electricity (kWh)                              Gasoline (liter)                         Biodiesel B30 (liter)
  No
                Description
                                     2023            2022             2021         2023            2022            2021        2023           2022             2021

            Kantor Pusat / Head
   1                               2.642.701      2.642.201         2.641.751    3.652.251       3.578.525       3.458.550    3.600           3.600            3.600
            Office

Per Wilayah / Per Region

   2        DAOP 1 Jakarta        28.576.345      25.960.115       23.080.427     13.333          24.081          23.140      2.738           2.738            8.063

   3        DAOP 2 Bandung         4.691.807      5.404.404        4.365.316      5.690           31.897          30.792       3.555            0                0

   4        DAOP 3 Cirebon         3.529.023       3.224.381       2.908.011      16.892          16.994          15.666      12.229           8.110           6.034

   5        DAOP 4 Semarang        1.564.638       1.376.257        1.087.124     4.788           4.080           3.960       10.260          10.800           11.880

   6        DAOP 5 Purwokerto      3.286.523      3.035.060         2.914.321     5.849            5.789           5.939      11.759          11.699           11.999

   7        DAOP 6 Yogyakarta      5.838.844      5.132.489        4.157.356      20.586           19.152          16.181     19.615          11.432           10.122

   8        DAOP 7 Madiun          5.080.077      4.580.982        3.994.142      4.086            5.500           5.577      6.280           2.570            2.570

   9        DAOP 8 Surabaya        7.926.990      6.724.053        5.907.455      92.199          91.253          89.101      10.330          11.503           9.175

   10       DAOP 9 Jember          1.548.793       1.261.705       1.084.408        0                0               0        7.764           7.610            7.915

            DIVRE I Sumatera
   11                              3.082.872      2.650.703         2.671.581      2.520           2.520           3.325     6.131.057      5.280.622      4.108.235
            Utara

            DIVRE II Sumatera
   12                              596.948         508.843           511.611      13.432          19.502          16.484     2.204.341      2.246.955      2.183.907
            Barat

            DIVRE III                                                                                                         6.492
   13                              5.126.720      4.916.942        3.877.374        0                0               0                       11.162,4          8.811
            Palembang

            DIVRE IV Tanjung
   14                              3.603.359      3.077.489        3.340.424       1.200           7.200          7.200       10.200          4.200            4.200
            Karang

   15       BY Manggarai           1.088.464      1.030.768         1.011.824       0                0               0        25.109         24.807            29.800

   16       BY Yogyakarta           938.032        1.018.869        814.608        4.510          4.849            2.661        0               0                0

   17       BY Lahat               1.174.944       898.819          957.184        1.200           900            8.050       22.155          9.180            7.100

            BY Surabaya
   18                               114.490         98.340           99.100        2.097           2.204           1.603      26.900          18.150           16.150
            Gubeng

   19       BY Tegal                693.158        679.784          419.966        5.825           4.493          4.226       7.043           6.205            5.915

   20       BY Pulubrayan           556.763       1.336.394         920.572         0                0               0         6.214          5.047            3.769

Per Anak Perusahaan / Subsudiaries Company

   21       KAI Wisata            733.272.248     532.360.191   176.567.985         0                0               0          0               0                0

   22       KAI Service             72.900          58.320           46.656       53.187          42.550          21.275        0               0                0

   23       KAI Logistik          403.344.955    759.157.306    858.209.076     382.347.930    396.429.286 400.583.375 1.734.743.885 1.855.664.990 1.987.590.210

   24       KAI Properti           308.832         277.948          247.065       18.372          16.534          14.697      10.081          9.072            8.064

   25       KAI Commuter           6.405.773      3.660.754        2.902.054      47.842          46.263          43.932      37.849          49.198           72.546

   26       Railing                  865             865              865         3.384            2.538           676        6.564           4.248             1.133

*Restated                                                                             *Disajikan kembali




                                                                                     Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                                       565
                                                                                         Annual and Sustainability Report
Page 566
                                                     Laporan Keberlanjutan
                                                     Sustainability Report




Total Penggunaan Energi                                                      Total Energy Use

                         Sumber                           Satuan
     No                                                                              2023                       2022                        2021
                          Source                           Unit

                                                   GWh                      17,97                      15,33                      11,19
 1        Listrik dari PLTS
                                                   GJ                       64.707                     55.221                     40.303

                                                   GWh                      1.225                      1.371                      1.104
 2        Listrik dari PLN
                                                   GJ                       4.410.241                  4.935.866                  3.977.090

                                                   Kilo Liter               386.317                    400.356                    404.356
 3        Bensin
                                                   GJ                       13.212.047                 13.692.179                 13.828.989

                                                   Kilo Liter               1.743.325                  1.863.403                  1.994.111
     4    Biosolar B35
                                                   GJ                       66.072.042                 70.623.008                 75.576.814

                    Jumlah
                                                   GJ                       83.759.038                 89.306.274                 93.423.197
                     Total

• 1 Liter Bensin     = 0.0342 GJ                                             • 1 Liter of Gasoline     = 0.0342 GJ
  1 Liter Solar      = 0.0379 GJ                                               1 Liter of Diesel       = 0.0379 GJ
  Konversi BBM (Bensin dan Biosolar) dari satuan liter ke dalam satuan         The conversion of fuel (Gasoline and Biosolar) from liters to Joules is based
  Joule dilakukan dengan mengacu kepada Pedoman Penyelenggaraan                on the Guidelines for the Implementation of National Greenhouse Gas
  Inventarisasi Gas Rumah Kaca Nasional - Kementerian Lingkungan               Inventory - Ministry of Environment 2012 (ref: IPCC 2006).
  Hidup 2012 (ref: IPCC 2006)
• 1 kWh Listrik      = 0,0036 GJ                                             • 1 kWh of Electricity   = 0.0036 GJ
  Konversi listrik dari satuan kWh ke dalam satuan Joule dilakukan dengan      The conversion of electricity from kWh to Joules is based on the Directorate
  mengacu pada Dirjen Kelistrikan Kementerian ESDM (GRI 2017) dan https:/      General of Electricity of the Ministry of Energy and Mineral Resources
  /www.iea.org/statistics/resources/unitconverter                              (GRI 2017) and https://www.iea.org/statistics/resources/unitconverter




Pada tahun 2023, inisiatif dan upaya KAI terbukti berhasil                   In 2023, KAI's initiatives and efforts proved successful in
menurunkan intensitas pemakaian energi pada semua                            reducing energy consumption intensity across all
perbandingan mencakup jumlah penumpang, jumlah                               comparisons, including the number of passengers, the
ton barang, dan total pendapatan.                                            amount of cargo, and total revenue.

Intensitas Energi [GRI 302-3]                                                Intensitas Energi [GRI 302-3]

              Energi                            Satuan
                                                                             2023                         2022                            2021
              Energy                             Unit

 Total Penggunaan Energi
                                        GJ                           83.759.038                 89.306.274                     93.423.197
 Energy Usage Amount

 Jumlah Produksi                        Penumpang
                                                                     388.776.603                284.448.804                    154.537.582
 Production Quantity                    Passenger

 Intensitas Pemakaian Energi            Gigajoules/
 per Penumpang                          Penumpang
                                                                     0,22                       0,31                           0,60
 Energy Usage                           Gigajoules/
 Intensity per Passenger                Passenger

 Jumlah Produksi Angkutan
                                        Ton Barang
 Barang Cargo Production                                             63.694.966                 58.006.880                     50.261.778
                                        Ton Cargo
 Quantity

 Intensitas Pemakaian Energi            Gigajoules/Ton
 per Ton Barang                         Barang
                                                                     1,32                       1,54                           1,86
 Energy Usage                           Gigajoules/Ton
 Intensity per Ton Cargo                Cargo

 Total Pendapatan                       Milyar Rp
                                                                     35.106.535                 25.577.639                     17.916.775
 Total Revenue                          Billion Rp

 Intensitas Pemakaian Energi
 per Pendapatan                         Gigajoules/Milyar Rp
                                                                     2,39                       3,49                           5,21
 Energy Usage                           Gigajoules/Billion Rp
 Intensity per Revenue




                              Laporan Tahunan dan Keberlanjutan
566                                                                                                             PT Kereta Api Indonesia (Persero)
                                Annual and Sustainability Report
Page 567
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Kebijakan Penggunaan Energi Baru Terbarukan dan                     Policy for the Use of New Renewable Energy and Its
Implementasinya                                                     Implementation
Sebagai wujud kontribusi bagi pemenuhan tujuan-tujuan               As a form of contribution to fulfilling sustainable
pembangunan berkelanjutan (Sustainable Development                  development goals (Sustainable Development Goals/
Goals/SDGs), KAI menerapkan kebijakan dalam                         SDGs), KAI implements a policy on the use of new and
penggunaan energi baru terbarukan di dalam aktivitas                renewable energy in the Company's operational
operasi Perseroan. Kebijakan tersebut diatur dalam                  activities. This policy is regulated in Health, Safety, Security
Kebijakan Health, Safety, Security, and Environment                 and Environment (HSSE) Policy Number KS.102/XII/1/KA-
(HSSE) Nomor KS.102/XII/1/KA-2022, yang secara khusus               2022, which specifically states KAI's goal of adapting to
menyatakan tujuan KAI dalam mengadaptasi perubahan                  climate change by contributing to reducing carbon
iklim dengan ikut berkontribusi menurunkan emisi                    emissions, among others, through implementing the use
karbon antara lain melalui penerapan penggunaan energi              of new renewable energy.
baru terbarukan.

Sampai dengan tanggal 31 Desember 2023, Kebijakan                   Until December 31st, 2023, the HSSE Policy of KAI has been
HSSE KAI telah disosialisasikan pada seluruh wilayah                disseminated throughout all KAI operational areas both
operasioanl KAI baik secara digital (melalui Rail Document          digitally (via Rail Document System and E-Office) and
System maupun E-Office) dan dipjang pada kantor                     posted at station offices and other Technical Service Units.
Stasiun serta Unit Pelayanan Teknis lainnya. Kebijakan              The HSSE policy is implemented through various
HSSE diimplementasikan antara lain melalui penggunaan               measures such as the use of B35 fuel, the installation of
bahan bakar B35, pemasangan panel surya di sejumlah                 solar panels at several stations, and the use of electric
stasiun, serta penggunaan kendaraan berbasis listrik                vehicles in operational activities.
pada aktivitas operasional.

Upaya dan Pencapaian Efisiensi Energi dan Penggunaan                Efforts and Achievements on Energy Efficiency and
Energi Terbarukan                                                   The Use of Renewable Energy
[OJK F.7] [GRI 3-3, 302-4, 302-5]                                    [OJK F.7] [GRI 3-3, 302-4, 302-5]
KAI menyadari pengelolaan energi yang efisien tidak                 KAI realizes that efficient energy management not only
hanya mengurangi biaya operasional tetapi juga                      reduces operational costs but also reduces the
mengurangi dampak lingkungan dari aktivitas perusahaan.             environmental impact of company activities. KAI makes
KAI melakukan upaya pencapaian efisiensi energi dengan              efforts to achieve energy efficiency by saving electricity.
cara penghematan listrik. Penggunaan listrik untuk                  Electricity usage for KAI's head office in 2023 will increase
kantor pusat KAI pada tahun 2023 meningkat tidak                    insignificantly, only 500 kWh compared to 2022. The
signifikan, hanya 500 kWh dibandingkan tahun 2022.                  Company is committed to increasing energy efficiency
Perseroan berkomitmen untuk meningkatkan efisiensi                  through the use of energy-saving technology and
energi melalui penggunaan teknologi hemat energi dan                sustainable operational practices. Apart from that, as an
praktik operasional yang berkelanjutan. Selain itu, sebagai         inseparable part of energy efficiency efforts, KAI
bagian yang tidak terpisahkan dari upaya efisiensi energi,          implements innovation in the form of using renewable
KAI menerapkan inovasi berupa penggunaan energi                     energy, namely solar power to meet electricity needs.
terbarukan, yakni tenaga matahari untuk memenuhi
kebutuhan listrik.

Proporsi Penggunaan Kereta Listrik                                  Proportion of Electric Train Usage

               Jenis Kereta                          Jumlah Armada                                     Persentase
               Type of Trains                        Number of Fleet                                   Percentage

 Kereta Listrik
                                                              246                                          2,2%
 Electrical Trains

 Kereta Non Listrik
                                                          10.940                                           97,8%
 Non Electrical Trains

 Jumlah / Total                                           11.186                                           100%




                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  567
                                                                    Annual and Sustainability Report
Page 568
                                                         Laporan Keberlanjutan
                                                         Sustainability Report




      Sudah Operasional
      Already Operated
      Stasiun Gambir 40.5 kWP
      Gedung JRC 40 kWP




                                                            Sudah Operasional
                                                            Already Operated
                                                            40 Stasiun / 40 Station                                   Balai Yasa Manggarai (Sudah
                                                            ▶ Instalasi PLTS di 15 stasiun / PLTS                     operasional / already operated)
                                                              Installation in 15 station                              Balai Yasa Yogyakarta
                                                            ▶ Instalasi PLTS di 25 stasiun / PLTS                     (Implementasi tahap I 33 kWP /
                                                              Installation in 25 station)                             Implementation Stage I - 33 kWP)




      Sudah Operasional               Implementasi                                                                                             Proses DED
      Already Operated                Implementation                                                                                           DED Process
      Balai Yasa Yogyakarta 309,65    BY Surabaya 180,4 KWP             GK Soka 7,2 KWP                  GK Banjar 11,5 KWP                    Bandung Head Office BY
      kWP                             BY Tegal 353,65 KWP               GK Cipinang 7,2 KWP              Banjar Station 15,4 KWP               Pulubrayan Kiaracondong
                                      BY Lahat 396 KWP                  Padalarang Station 82,5 KWP      GK Kertosono 14, 3 KWP                Station BY Jembatan BY
                                      Kantor Divre III 122 KWP          Cimahi Station 105 KWP           Medan Station 39.6 KWP                Sintel BY Mekanik Cirebon
                                      BNI City Station 38,5 KWP         Bandung Station 60,5 KWP         Padang Station 39,6 KWP               Record Center
                                      Batu Ceper Station 28,6 KWP       Bandung Office 40,7 KWP          Tanjungkarang Station 40,7 KWP




      Implementasi
      Implementation
      1.   Bandung Head Office           6.   Gedung JRC Tahap II                  11.   Kiaracondong Station                      11.   Daop 8 Surabaya Head Office
      2.   Balai Jembatan                7.   Gambir Station Phase II              12.   Tasik Station                             12.   Divre II Head Office
      3.   BY Sintel                     8.   Rumah Dinas Brawijaya                13.   Daop 4 Semarang Head Office               13.   Divre IV Head Office
      4.   BY Mekanik Cirebon            9.   GK Nusa Indah                        14. Klaten Station                              14. BY Pulubrayan
      5.   Record Center                 10. Griya Karya Ciremai                   15.   Wates Station                             15.   Depo Simpang




                                 Laporan Tahunan dan Keberlanjutan
568                                                                                                                            PT Kereta Api Indonesia (Persero)
                                   Annual and Sustainability Report
Page 569
                                     Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                      Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Implementasi PLTS tahun 2023                                           Solar Panel Implementation in 2023

     Jumlah titik pemasangan PLTS                 Total Kapasitas PLTS           Pengurangan Emisi CO² Nov-Des 2023 (Ton CO²)
    Number of PLTS installation points             Total PLTS Capacity           CO² Emission Reduction Nov-Dec 2023 (Ton CO²)

                 15 (Stasiun)                            371,6 kWp                                     130,85

                 25 (Stasiun)                           700,9 kWp                                      195,43

                1 (Balai Yasa)                           252,0 kWp                                      42,83

                1 (Balai Yasa)                          342,65 kWp*                                       61

                     Total                              1.667,15 kWp                                     57,5

*) Kapasitas maksimal mencapai 342.65 kWp                              *) Maximum Capacity reaches 342.65 kWp


Per 31 Desember 2023, penggunaan panel surya telah                     As of December 31 st, 2023, the use of solar panels has
diimplementasikan di Stasiun Gambir, Gedung Jakarta                    been implemented at Gambir Station, Jakarta Railway
Railway Center, 40 Stasiun, Balai Yasa Manggarai dan Balai             Center Building, 40 Stations, Balai Yasa Manggarai and
Yasa Yogyakarta.                                                       Balai Yasa Yogyakarta.

KAI percaya bahwa penggunaan bahan bakar fosil telah                   KAI believes that the use of fossil fuels has contributed
menyebabkan perubahan iklim dan mencemari                              to climate change and environmental pollution. To
lingkungan     maka    untuk  menunjang      aktivitas                 support its operational activities, KAI has replaced the
operasional, KAI telah mengganti penggunaan bahan                      use of solar fuel with biosolar fuel, which is a blend of
bakar solar dengan bahan bakar biosolar, yang terbuat                  solar (diesel) mixed with vegetable oil sourced from
dari solar yang dicampur dengan minyak nabati yang                     plants such as jatropha and palm oil. The use of biosolar
bersumber tanaman seperti jarak dan kelapa sawit.                      fuel was initiated in 2009. Research and development
Penggunaan bahan bakar biosolar sudah diinisiasi sejak                 gradually increased the percentage of renewable sources
2009. Penelitian dan pengembangan perlahan menaikan                    from 5% vegetable oil to 40% vegetable oil, as depicted
persentase sumber terbarukan dari 5% minyak nabati                     in the following flowchart:
menjadi 40% minyak nabati sebagaimana flowchart
berikut



         2009                               2013                              2016                              2017
                                            PT KAI pada
         PT KAI pada                        September 2013                                                      PT KAI pada Mei
         Januari 2009 mulai                                                   PT KAI
                                            beralih                                                             2017 relaksasi ke
         menggunakan                                                          menggunakan
                                            menggunakan                                                         Bahan B10
         Bahan Bakar B5                                                       bahan bakar B20
                                            Bahan Bakar B10                                                     On May 2017, PT
         On January 2009,                                                     PT KAI using B20
                                            On September 2013,                                                  KAI relaxation to
         PT KAI started                                                       fuel
                                            switched to using                                                   B10 fuel
         using B5 fuel                      B10 fuel




         2024                               2023                              2019                              2018
                                                                              PT KAI pada 21                    PT KAI pada 1
                                            PT KAI pada                       November 2019                     September 2018
                                            Februari 2023                     beralih                           kembali
         Rencana Uji Coba                   beralih ke Bahan                  menggunakan                       menggunakan
         B40                                Bakar B35                         Bahan Bakar B30                   Bahan Bakar B20
         PT KAI plans to test               On February 2023,                 On November 21 st,                On September 1 st,
         B40 fuel                           PT KAI switched to                2019, PT KAI                      2018, PT KAI
                                            using B35 fuel                    switched to using                 returned to using
                                                                              B30 fuel                          B20 fuel




                                                                       Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                     569
                                                                           Annual and Sustainability Report
Page 570
                                                  Laporan Keberlanjutan
                                                  Sustainability Report




Aspek Air                                                              Water Aspect
Penggunaan Air [OJK F.8] [GRI 3-3, 303-1]                              Water Usage [OJK F.8] [GRI 3-3, 303-1]
KAI    sebagai     perusahaan      transportasi    massal              KAI as a railway mass transportation company is used by
perkeretaapian digunakan oleh banyak orang setiap                      many people every day. The company records the use of
harinya. Perseroan mencatat penggunaan air bersih                      clean water for domestic needs of employees and
untuk keperluan domestik karyawan dan penumpang                        passengers such as needs in the toilet, ablution, and so
seperti kebutuhan di kamar kecil (toilet), wudhu, dan lain             on. The water sources used by KAI mostly come from the
sebagainya. Sumber air yang digunakan KAI sebagian                     Regional Drinking Water Company (PDAM). In certain
besar berasal dari Perusahaan Daerah Air Minum (PDAM).                 conditions, for example when the water supply from
Pada kondisi tertentu, semisal saat pasokan air dari PDAM              PDAM experiences problems, the Company uses
mengalami masalah, Perseroan menggunakan air tanah                     groundwater pumped by a water pump machine. KAI
yang dipompa dengan mesin pompa air. KAI memastikan                    ensures that water use internally and for cleaning
bahwa penggunaan air secara internal dan untuk                         procedures is carried out economically, especially in the
prosedur kebersihan dilakukan secara hemat terutama                    areas where we operate which are areas prone to drought.
pada kawasan-kawasan tempat kami beroperasi yang
merupakan daerah rawan kekeringan.

KAI telah melakukan perhitungan secara terperinci atas                 KAI has carried out detailed calculations of water usage
penggunaan air pada kantor pusat, seluruh unit di wilayah              for all units in the operational area, with the following
operasional, dan anak perusahaan, dengan hasil sebagai                 results:
berikut:

Penggunaan Air KAI [GRI 303-3, 303-5]                                  Use of KAI Water [GRI 303-3, 303-5]

                                Air Permukaan (Megaliter)          Air Bawah Tanah (Megaliter)          Air PDAM (Megaliter)
             Uraian              Surface Water (Megaliter)           Groundwater (Megaliter)           PDAM Water (Megaliter)
  No
           Description
                               2023       2022           2021       2023      2022       2021        2023      2022       2021

        Kantor Pusat / Head
   1                             0          0             0         24,00      21,6       21,6        7,56      6,80       6,73
        Office

Per Wilayah / Per Region

   2    DAOP 1 Jakarta           0          0             0         26.76      26.15     50.70       23.160     29.31      9.10

   3    DAOP 2 Bandung           0          0             0         5.10       5.10       5.10       10.85     24,43      10,53

   4    DAOP 3 Cirebon           0          0             0          0          0          0         4.92       4.14       4.10

   5    DAOP 4 Semarang          0          0             0          0          0          0          1.99      2.34       1.74

   6    DAOP 5 Purwokerto        0          0             0         65.48     74.48      74.48       3.80       3.34       4.15

   7    DAOP 6 Yogyakarta        0          0             0         12.05      10.12     5.36        2.45       2.24       3.11

   8    DAOP 7 Madiun            0          0             0         8,30       8,30      8,30         3.15      5,15       5,32

   9    DAOP 8 Surabaya         16.43      13.96         11.17      10.05      10.05     8.67        46,00     40,52      39,14

  10    DAOP 9 Jember            0          0             0          0          0          0         17,63      37,69     23,90

        DIVRE I Sumatera
  11                             0          0             0        60.000     58.000    49.000        0*        12,34     7,84
        Utara

        DIVRE II Sumatera
  12                             0*        2,07          2,06        0*        4,79      4,86        2.05       5.38      4.78
        Barat

        DIVRE III
  13                            9.80       1.34          1.48        0*        0.38      0,42         0*        10,25     76,34
        Palembang

        DIVRE IV Tanjung
  14                             0          0             0         35.16     36.49      31.12        0*        3,78       3,78
        Karang

  15    BY Manggarai             0          0             0         6.19       2.15      10.11         0         0          0

  16    BY Yogyakarta            0          0             0         43.60     46.88      25.73         0         0          0

  17    BY Lahat                 0*       172,80        172,80      7.80       7.60       7.41         0         0          0

        BY Surabaya
  18                             0          0             0         14.93      15.11     15.17        0*        4,87       5,16
        Gubeng

  19    BY Tegal                 0          0             0         5.50       5.90       6.10       0,80       0,41      0,44




                            Laporan Tahunan dan Keberlanjutan
570                                                                                              PT Kereta Api Indonesia (Persero)
                              Annual and Sustainability Report
Page 571
                                         Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                          Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                 Air Permukaan (Megaliter)            Air Bawah Tanah (Megaliter)                Air PDAM (Megaliter)
               Uraian             Surface Water (Megaliter)             Groundwater (Megaliter)                 PDAM Water (Megaliter)
  No
             Description
                                 2023         2022          2021       2023           2022      2021           2023      2022           2021

   20    BY Pulubrayan            0             0              0        3.96          3.96      3.96            0*        1,06          1,11

Per Anak Perusahaan / Subsudiaries Company

   21    KAI Wisata               0             0              0         0              0         0            0,72      0,85           0,13

   22    KAI Service              0             0              0        0,41          0,32      0,16            0          0             0

   23    KAI Logistik            35.61        26.73            0        0.27          0.29      0.20           9.82       5.1           6.5

   24    KAI Properti             0             0              0        6.5           5.85      5.26            0          0             0

   25    KAI Commuter             0             0              0       21.99          21.90     21.90          0.99      0.26            0

   26    Railink                  0             0              0         0              0         0             0          0             0

*) Disajikan kembali                                                      *) Restated


Total Penggunaan Air                                                      Total Water Usage

                    Air                               Satuan
                                                                               2023                     2022                     2021
                   Water                               Unit

 Air Permukaan / Surface Water              Megaliter                61,84                    216,91                   187,51

 Air Tanah / Groundwater                    Megaliter                358,03                   365,43                   355,63
 Air PDAM / PDAM Water                      Megaliter                135,90                   200,41                   213,89

                   Total                    Megaliter                555,76                   782,74                   757,02


Jumlah konsumsi air KAI sebanding dengan jumlah air                       KAI's water consumption is equal to the amount of water
yang dibuang, sehingga total penggunaan dan                               discharged, so the total usage and discharge of water
pembuangan air adalah sama.                                               are equal.

Dampak Ekonomi dari Penghematan Air                                       Economic Impact of Water Savings
Penghematan air yang dilakukan tidak hanya                                The water savings carried out not only prove KAI's
membuktikan komitmen KAI terhadap keberlanjutan                           commitment to environmental sustainability but also
lingkungan namun juga membantu operasional KAI                            help KAI operations save costs for PDAM and electricity
menghemat biaya pengeluaran untuk PDAM dan biaya                          costs for groundwater pumps. This environmental and
listrik pompa air tanah. Dampak lingkungan dan                            economic impact will always be increased to support our
ekonomi ini senantiasa akan ditingkatkan untuk                            sustainability.
mendukung keberlanjutan kami.

Aspek Keanekaragaman Hayati                                               Aspek Keanekaragaman Hayati
Dampak dari Wilayah Operasional yang Dekat atau                           Impact of Operational Areas Close to or Located in
Berada di Daerah Konservasi atau Memiliki                                 Conservation Areas or Areas with Biodiversity
Keanekaragaman Hayati [OJK F.9]                                           [OJK F.9]
Sampai dengan 31 Desember 2023, KAI beroperasi pada                       Until December 31 st, 2023, KAI operates in areas that do
wilayah-wilayah yang tidak berdampak secara langsung                      not have a direct impact on conservation areas or
terhadap area konservasi atau memiliki keanekaragaman                     biodiversity. KAI's commitment to maintaining and
hayati. Komitmen KAI menjaga dan mengelola dampak                         managing negative impacts on ecosystems is realized
negatif terhadap ekosistem diwujudkan dengan                              by ensuring the fulfillment of all environmental
memastikan pemenuhan seluruh persyaratan lingkungan                       requirements including Environmental Management
mencakup Upaya Pengelolaan Lingkungan Hidup (UKL)                         Efforts (UKL) and Environmental Monitoring Efforts (UPL),
dan Upaya Pemantauan Lingkungan Hidup (UPL), serta                        as well as Environmental Impact Analysis (AMDAL). KAI
Analisis Mengenai Dampak Lingkungan (AMDAL). KAI                          has and implements 34 (thirty four) UKL-UPLs in 9 (nine)
memiliki dan melaksanakan 34 (tiga puluh empat) UKL-UPL                   operational areas and 9 (nine) AMDALs located in Daop
pada 9 (sembilan) wilayah operasional dan 9 (sembilan)                    1, Daop 2, Daop 6 and Head Office. [GRI 304-1]
AMDAL yang berada di Daop 1, Daop 2, Daop 6 dan Kantor
Pusat. [GRI 304-1]




                                                                         Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                              571
                                                                             Annual and Sustainability Report
Page 572
                                         Laporan Keberlanjutan
                                         Sustainability Report




Meski demikian, KAI tetap melaksanakan komitmen untuk         However, KAI continues to carry out its commitment to
dapat menghadirkan kontribusi positif terhadap upaya          be able to make a positive contribution to environmental
pelestarian lingkungan di sekitar area operasional. KAI       conservation efforts around operational areas. KAI carries
melaksanakan penyaluran kontribusi bagi lingkungan            out distribution of contributions to the environment
melalui pelaksanaan Tanggung Jawab Sosial Lingkungan          through the implementation of Environmental Social
Peduli Lingkungan (KAI-Pling). Program KAI-Pling              things, through the Environmental Care Train (KAI-Pling)
merupakan wujud nyata Perseroan dalam menyalurkan             program. The KAI-Pling program is a concrete
nilai manfaat terhadap lingkungan, sarana dan prasarana       manifestation of the Company's distribution of beneficial
umum, pengelolaan sampah, serta penanaman pohon               values to the environment, public Rolling Stock and
di wilayah operasional KAI. [GRI 304-2]                       infrastructure, waste management, and tree planting in
                                                              KAI's operational areas. [GRI 304-2]

Program penanaman pohon yang dilakukan KAI tidak              The tree planting program carried out by KAI is not only
hanya terbatas pada wilayah operasional, yaitu pada area      limited to operational areas, namely in station areas,
stasiun, perkantoran, dan sepanjang lintasan rel kereta       offices and along railway tracks, but is also carried out
api, tetapi juga dilakukan di luar area bisnis KAI, yang      outside KAI's business areas, which is a manifestation of
merupakan wujud komitmen KAI dalam menjaga                    KAI's commitment to preserving the environment at large.
kelestarian lingkungan secara luas. Seiring hal tersebut,     In line with this, KAI has a strong commitment to
KAI memiliki komitmen yang kuat untuk secara konsisten        consistently carry out efforts to preserve the environment
melaksanakan upaya pelestarian lingkungan dan                 and biodiversity, including by participating in the success
keanekaragaman hayati, di antaranya dengan ikut               of the SOE Green Indonesia program. [GRI 304-3]
menyukseskan program BUMN Hijaukan Indonesia.
[GRI 304-3]

Usaha Konservasi Keanekaragaman Hayati                        Biodiversity Conservation Efforts
[OJK F.10]                                                    [OJK F.10]
Pada tahun 2023, seluruh aktivitas operasional KAI            In 2023, all KAI operational activities will be carried out
dilaksanakan pada area yang seluruhnya tidak berada           in areas that are not near or included in conservation
di dekat ataupun masuk ke dalam daerah konservasi atau        areas or that have biodiversity to be preserved. Therefore,
yang     memiliki  keanekaragaman      hayati  untuk          there is no information regarding biodiversity
dilestarikan. Karena itu, tidak terdapat informasi            conservation efforts and species list to be disclosed in
mengenai usaha dan daftar spesies konservasi                  this. section [GRI 304-4]
keanekaragaman hayati untuk diungkapkan pada bagian
ini. [GRI 304-4]

Meski demikian, KAI melakukan program penanaman               However, KAI carries out a tree planting program as a
pohon sebagai upaya terus-menerus dalam mendukung             continuous effort to support biodiversity conservation,
pelestarian keanekaragaman hayati, baik berupa                both in the form of planting in KAI station and office areas
penanaman pada area stasiun dan kantor KAI maupun             and planting for external communities around KAI
penanaman untuk masyarakat eksternal di sekitar area          operational areas. Planting trees consists of various
operasional KAI. Penanaman pohon terdiri dari spesies         species that are adapted to the planting location
yang beragam yang disesuaikan dengan lokasi                   including Mangrove, Tabebuya, Trembesi, Fruit, Pule,
penanamannya meliputi pohon Mangrove, Tabebuya,               Sugar Palm trees, and so on. KAI also participates in the
Trembesi, Buah-buahan, Pule, Aren, dan sebagainya. KAI        Collaboration Movement program "SOE Green Indonesia"
juga mengikuti program Gerakan Kolaborasi “BUMN               in areas surrounding KAI's business processes. Disclosure
Hijaukan Indonesia” di wilayah sekitar proses bisnis KAI.     regarding this matter is as follows:
Pengungkapan mengenai hal tersebut adalah sebagai
berikut:

Jenis Pohon yang ditanam di Wilayah Operasi KAI               Type Trees planted in the KAI Operational Area

                     DAOP                                                   Jenis Pohon
  No
                     DIVRE                                                  Type of Tree

 Penanaman pada Stasiun dan Kantor KAI
 Planting at KAI Stations and Offices

         Daop 1 Jakarta / Jakarta        Pohon Trembesi, Tabebuya, Miana, dan Buah-buahan / Trembesi, Tabebuya, Miana,
   1
         Operational Area 1              and Fruit Trees

                                         Pohon Trembesi, Tabebuya, Pule, Buah-buahan, Cemara, Pucuk Merah, Bambu, Anset
         Daop 2 Bandung / Bandung
   2                                     dan Tanaman Hias / Trembesi Trees, Tabebuya, Pule, Fruits, Fir, Red Shoots, Bamboo,
         Operational Area 2
                                         Anset and Ornamental Plants




                       Laporan Tahunan dan Keberlanjutan
572                                                                                        PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 573
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                      DAOP                                                     Jenis Pohon
   No
                      DIVRE                                                    Type of Tree

         Daop 3 Cirebon / Cirebon           Pohon Trembesi, Pucuk Merah dan Brokoli Kuning / Trembesi Tree, Red Shoots and
   3
         Operational 3                      Yellow Broccoli

         Daop 4 Semarang / Semarang
   4                                        Pohon Pule, Trembesi dan Pucuk Merah / Pule, Trembesi and Red Shoots
         Operational Area 4

         Daop 5 Purwokerto /                Pohon Tabebuya, Ketapang, Kencana, Tanaman Hias dan Bunga / Tabebuya, Ketapang,
   5
         Purwokerto Operational Area 5      Kencana Trees, Ornamental Plants, and Flowers

         Daop 6 Yogyakarta /                Tanaman Hias, Pohon Pule, dan Pohon Buah-buahan / Ornamental Plants, Pule Trees,
   6
         Yogyakarta Operational Area 6      and Fruit Trees

         Daop 7 Madiun / Madiun             Pohon Jengkol, Pucuk Merah, Pisang-pisangan, dan Nusa Indah / Jengkol Tree, Red
   7
         Operational Area 7                 Shoots, Bananas, and Nusa Indah

                                            Pohon Ketapang, Pucuk Merah, Pule, Semarak, Tabebuya, Buah-buahan dan Tanaman
         Daop 8 Surabaya / Surabaya
   8                                        Hias / Ketapang Trees, Red Shoots, Pule, Semarak, Tabebuya, Fruits and Ornamental
         Operational Area 8
                                            Plants

         Daop 9 Jember / Jember
   9                                        Pohon Pule / Pule Trees
         Operational Area 9

         Divre I Sumatera Utara / North     Pohon Ketapang Mini, Pucuk Merah, Buah-buahan dan Bunga / Mini Ketapang Tree,
   10
         Sumatra Divre I                    Red Shoots, Fruits and Flowers

                                            Pohon Bonsai, Gading, Pucuk Merah, Asoka, Palm, Bougenville, Janda Bolong,Brokoli
         Divre II Sumatera Barat / West
   11                                       Kuning dan Tanaman Air / Bonsai Trees, Ivory, Red Shoots, Ashoka, Palm Bougenville,
         Sumatra Divre II
                                            Bolong widows, Yellow Broccoli and Aquatic Plants

         Divre III Palembang /              Tanaman Hias Pucuk Merah, Pohon trambesi / Red Shoots Ornamental Plants and
   12
         Palembang Divre III                Trembesi Trees

                                            Pohon Mangga Harum Manis, Pohon Buah-buahan, Bibit Alpukat Alligator, Bibit Durian,
         Divre IV Tanjung Karang /
   13                                       Bibit Kelengkeng / Sweet Fragrant Mango Trees, Fruit Trees, Alligator Avocado Seeds,
         Tanjung Karang Divre IV
                                            Durian Seeds, Longan Seeds

   14    Balai Yasa Manggarai               Pohon Buah-buahan / Fruit Trees

   15    Balai Yasa Tegal                   Pohon Buah-buahan / Fruit Trees

   16    Balai Yasa Surabaya Gubeng         Pohon Buah-buahan dan Tanaman Hias / Fruit Trees and Ornamental Plants

   17    Balai Yasa Lahat                   Pohon Buah-buahan / Fruit Trees

 Penanaman bagi Masyarakat Eksternal
 Planting for External Communities

                                            Bantuan Pohon Buah-buahan, Petai dan Pala, Beringin, Trembesi, Mahoni, Nangka
         Daop 1 Jakarta / Jakarta           Buah untuk penghijauan Yayasan Hutan Lestari Indonesia / Donation of Fruit Trees,
    1
         Operational Area 1                 Petai and Nutmeg, Banyan, Trembesi, Mahogany, Jackfruit for reforestation Indonesian
                                            Sustainable Forest Foundation

         Daop 4 Semarang / Semarang         Anting Putri, Cemara Udang, Bonsai Dollar, Jasmine, Bromolia / Anting Putri, Udang
   2
         Operational Area 4                 Pine, Dollar Bonsai, Jasmine, Bromelia

                                            Bantuan Bibit Pohon Bambu, Aren, dan Beringin untuk Penghijauan Sabuk Gunung
         Daop 6 Yogyakarta /
   3                                        Pemerintah Kabupaten Temanggung / Donation of Bamboo, Palm and Banyan Tree
         Yogyakarta Operational Area 6
                                            Seeds for Greening the Mountain Belt of the Temanggung Regency Government

         Daop 8 Surabaya / Surabaya
   4                                        Bantuan Pohon Cemara Laut / Donation of Sea Pine Tree
         Operational Area 8

                                            Bantuan Pohon Mangrove untuk Kelompok Tani Cinta Mangrove Gambus Laut Batubara
   5     Divre I Sumatera Utara             Sumatera Utara / Mangrove Tree Donation for the Cinta Mangrove Bambus Laut Batubara
                                            Farmer Group, North Sumatra

                                            Bantuan Pohon Buah-buahan untuk Penghijauan Desa Belatung Ogan Komering
   5     Divre IV Tanjung Karang            Ulu Lampung / Donation of fruit trees for the greening of Belatung Village, Ogan
                                            Komering Ulu, Lampung




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Aspek Emisi                                                                    Emission Aspect
Jumlah dan Intensitas Emisi yang Dihasilkan                                    Total Amount and Intensity of the Emission Produced
Berdasarkan Jenisnya [OJK F.11][GRI 3-3, 305]                                  Based on Types [OJK F.11][GRI 3-3, 305]
Dalam menjalankan kegiatan operasional bisnisnya, KAI                          In carrying out its business operations, KAI produces
menghasilkan Gas Rumah Kaca (GRK) yaitu emisi GRK                              Green House Gases (GHG), namely direct GHG emissions
(Cakupan 1) langsung yang bersumber dari penggunaan                            (Scope 1) originating from the use of diesel fuel, such as
bahan bakar diesel, seperti pengoperasian mesin diesel                         the operation of diesel engines and generators; as well
dan genset; serta emisi GRK (Cakupan 2) tidak langsung                         as indirect GHG (Scope 2) emissions originating from
yang bersumber dari penggunaan listrik. Penghitungan                           electricity use. Calculation of GHG emissions (Scope 1) is
emisi GRK (Cakupan 1) dilakukan dengan mengalikan                              carried out by multiplying energy consumption data by
data konsumsi energi dengan faktor emisi. Seluruh                              the emission factor. All calculations for Scope 1 and Scope
perhitungan emisi GRK Scope 1 dan Scope 2 telah                                2 greenhouse gas emissions cover 100% of the operational
mencakup 100% wilayah operasional, yang terdiri atas                           areas, including the Head Office, Operational Areas,
Kantor Pusat, Daerah Operasi, Divisi Regional, dan Anak                        Regional Divisions, and Subsidiaries.
Perusahaan.

Sampai dengan 2023, KAI mengukur pengurangan emisi                             Until 2023, KAI measures the resulting reduction in
yang dihasilkan dengan membandingkan jumlah emisi                              emissions by comparing the amount of emissions in the
pada periode pengukuran dengan hasil yang diperoleh                            measurement period with the results obtained in the
pada tahun sebelumnya. Sebagai upaya dalam                                     previous year. As an effort to improve the quality of
meningkatkan kualitas pengukuran dan pelaporan aspek                           measurement and reporting of emissions aspects, KAI
emisi, KAI telah menetapkan tahun 2023 sebagai baseline                        has set 2023 as the measurement baseline, with the target
pengukuran, dengan sasaran pencapaian ESG Risk                                 of achieving ESG Risk Ratings the best (rank low risk) in
Ratings yang terbaik (peringkat low risk) pada 2027.                           2027.

Pada tahun 2023, KAI menghasilkan emisi GRK (Cakupan                           In 2023, KAI produces GHG emissions (Scope 1) from fuel
1) dari penggunaan bensin dan biosolar yaitu sebesar                           and biodiesel use, namely 5,877,135 tons of CO 2-eq, or a
5.877.135 Ton CO 2-eq, atau menurun dibandingkan                               decrease compared to 2022 of 373.600 tons of CO 2-eq.
dengan tahun 2022 sebesar 373.600 Ton CO 2-eq.

Emisi GRK Cakupan 1 (BBM) yang Dihasilkan                                      Scope 1 GHG Emissions (Fuel) Produced [GRI 305-1]
[GRI 305-1]

                                                                 Emisi GRK
                                                           GHG Emission (Ton CO ²-eq)

           Sumber Emisi GRK                             Satuan
                                                                                      2023                      2022                         2021
           GHG Emission Source                           Unit

                                                Liter                       386.317.173                400.356.110                  404.356.410

                                                Terajoule (TJ)*)            13.212                     13.692                       13.829
 Cakupan 1 Bensin /
 Scope 1 Fuel
                                                kg CO²/TJ*)                 72.600                     72.600                       72.600

                                                Ton CO² – eq                959.195                    994.052                      1.003.985

                                                Liter                       1.743.325.652              1.863.403.898                1.994.111.198

                                                Terajoule (TJ)*)            62.760                     67.083                       71.788
 Cakupan 1 Biosolar /
 Scope 1 Biodiesel
                                                kg CO²/TJ*)                 74.433                     74.433                       74.433

                                                Ton CO² – eq                4.917.940                  5.256.682                    5.625.409

 Total Ton CO 2–eq                                                          5.877.135                  6.250.735                    6.629.394

 • 1 Liter Bensin = 0.0342 GJ                                                   • 1 Liter of gasoline = 0.0342 GJ
 • 1 Liter Solar = 0.0379 GJ                                                    • 1 Liter of diesel   = 0.0379 GJ
 • Konversi BBM (Bensin dan Biosolar) dari satuan liter ke dalam satuan         • The conversion of fuel (gasoline and biosolar) from liters to Joules is based
   Joule dilakukan dengan mengacu kepada Pedoman Penyelenggaraan                  on the Guidelines for National Greenhouse Gas Inventories - Ministry of
   Inventarisasi Gas Rumah Kaca Nasional - Kementerian Lingkungan                 Environment 2012 (ref: IPCC 2006)
   Hidup 2012 (ref: IPCC 2006)
*) Kg CO²/TJ Tier 2 (Lokal) Bensin RON 92 dan Automotive Diesel Oil (ADO)      *) Kg CO2/TJ Tier 2 (Local) Gasoline RON 92 and Automotive Diesel Oil (ADO)
   dari Tabel 1 Faktor Emisi Bahan Bakar dalam Inventarisasi GRK Sektor           from Table 1 Emission Factors for Fuels in the Greenhouse Gas Inventory
   Energi, Kementerian Energi dan Sumber Daya Mineral (2019)                      of the Energy Sector, Ministry of Energy and Mineral Resources (2019)
 • Data tahun 2022 dan 2021 merupakan data yang disajikan kembali               • The data for 2022 and 2021 has been restated using a different calculation
   menggunakan metode perhitungan yang berbeda dengan pelaporan                   method compared to the reporting in the 2022 Annual Report.
   pada Laporan Tahunan 2022.




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574                                                                                                              PT Kereta Api Indonesia (Persero)
                               Annual and Sustainability Report
Page 575
                                        Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                          Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Emisi GRK yang dihasilkan dari penggunaan listrik KAI                          GHG emissions resulting from KAI's electricity use in 2023
pada tahun 2023 didapat melalui perkalian antara                               are obtained by multiplying electricity consumption (in
konsumsi listrik (dalam kWh per tahun) dengan average                          kWh per year) with the average grid emission factor issued
grid emission factor yang dikeluarkan Kementerian                              by the Ministry of Energy and Mineral Resources referring
ESDM merujuk RUPTL PLN 2015-2024, yaitu sebesar 0,934                          to the 2015-2024 PLN RUPTL, which is 0.934 kg CO 2/kWh
kg CO 2/kWh (2017). Berdasarkan perhitungan tersebut,                          (2017). Based on these calculations, the resulting GHG
maka emisi GRK Cakupan 2 yang dihasilkan adalah sebagai                        scope 2 emissions are as follows:
berikut:

Emisi GRK Cakupan 2 (Listrik) yang Dihasilkan                                  Scope 2 (Electricity) GHG Emissions Generated
[GRI 305-2]                                                                    [GRI 305-2]

                                                                 Emisi GRK
                                                           GHG Emission (Ton CO ²-eq)

           Sumber Emisi GRK                           Satuan
                                                                                    2023                         2022                          2021
           GHG Emission Source                         Unit

                                               GWh                         17,97                        15,33                        11,19
 Cakupan 2 - Listrik dari Panel Surya
 Scope 2 - Electricity from Solar panel
                                               Ton CO ²-eq                 0                            0                            0

                                               GWh                         1.225                        1.371                        1.104
 Cakupan 2 - Listrik dari PLN
 Scope 2 - Electricity from PLN
                                               Ton CO ²-eq                 1.144.213                    1.280.583                    1.031.826

• Data tahun 2022 dan 2021 merupakan data yang disajikan kembali               The data for 2022 and 2021 has been restated using a different calculation
  menggunakan metode perhitungan yang berbeda dengan pelaporan                  method compared to the reporting in the 2022 Annual Report.
  pada Laporan Tahunan 2022.


Sedangkan, emisi GRK Cakupan 3 (perjalanan dinas)                              Meanwhile, the GHG emissions scope 3 (business travel)
dihitung dengan kalkulator karbon myclimate.org,                               calculated using the carbon calculator myclimate.org,
dengan hasil perhitungan pada tahun 2021-2023 sebagai                          with calculation results for 2021-2023 as follows:
berikut:

Jumlah Emisi GRK Cakupan 3 (Perjalanan Dinas)                                  Amount of Scope 3 (Official Travel) GHG Emissions
yang Dihasilkan [GRI 305-3]                                                    Generated [GRI 305-3]

                                                                 Emisi GRK
                                                           GHG Emission (Ton CO ²-eq)

           Sumber Emisi GRK                           Satuan
                                                                                    2023                         2022                          2021
           GHG Emission Source                         Unit

 Cakupan 3 - (Perjalanan Dinas
 menggunakan Pesawat
 Terbang)*                                     Ton CO ²-eq                 3.379                        3.068                        2.057
 Scope 3 - Business Trips with Air
 Travel*

*) Perhitungan perjalanan dinas udara menggunakan https://co2.myclimate.       *) Calculation of business trip flights using https://co2.myclimate.org/en/flight_
   org/en/flight_calculators/new                                                  calculators/new
 • Data tahun 2022 dan 2021 merupakan data yang disajikan kembali                 • The data for 2022 and 2021 has been restated using a different
   menggunakan metode perhitungan yang berbeda dengan pelaporan                     calculation method compared to the reporting in the 2022 Annual
   pada Laporan Tahunan 2022.                                                       Report.


Di dalam laporan ini, intensitas emisi GRK dihitung dengan                     In this report, GHG emission intensity is calculated by
menjumlah total Ton CO₂-eq dari sumber cakupan 1-3                             summing the total Tons of CO₂-eq from scope 1-3 sources
dan membaginya dengan total Pendapatan selama 3                                and dividing it by the total Revenue over the past 3 years.
tahun terakhir. Intensitas emisi GRK diungkapkan dalam                         The GHG emission intensity is presented in the following
tabel berikut:                                                                 table:




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                                             Laporan Keberlanjutan
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Jumlah dan Intensitas Emisi GRK [GRI 305-4]                       Amount and Intensity of GHG Emissions generated
                                                                  at the Head Office [GRI 305-4]

                                                         Emisi GRK
                                                   GHG Emission (Ton CO ²-eq)

          Sumber Emisi GRK                     Satuan
                                                                      2023                 2022                  2021
          GHG Emission Source                    Unit


 Total Emisi GRK cakupan 1, 2, dan 3 /
                                         Ton CO ²-eq           7.024.727            7.534.386            7.663.276
 Total GHG Emission Scope 1, 2, and 3


                                         Milyar Rp /
 Total Pendapatan / Total Revenue                              35.106.535           25.577.639           17.916.775
                                         Billion Rp

                                         Ton CO ²-eq/
 Intensitas Emisi per milyar rupiah
                                         Milyar Rp
 pendapatan / Emission Intensity per                           0,20                 0,29                 0,43
                                         Ton CO ²-eq/
 billion rp of revenue
                                         Billion Rp


Komitmen dan inisiatif KAI terbukti mengurangi total              KAI's commitment and initiatives have proven to gradually
emisi GRK secara bertahap. Pada tahun 2023 Emisi GRK              reduce total GHG emissions. In 2023, GHG emissions were
adalah 7.024.727 turun 6,76% dari tahun 2022. Intensitas          7,024,727 tons, down 6.76% from 2022. Emission intensity
emisi juga menurun menjadi 0,20 Ton CO 2-eq/Milyar                also decreased to 0.20 Tons CO2-eq/Billion Rupiah from
Rupiah dari 0,29 Ton CO 2-eq/Milyar Rupiah pada 2022.             0.29 Tons CO2-eq/Billion Rupiah in 2022. In 2023, KAI did
Pada tahun 2023, KAI belum menggunakan jasa pihak                 not yet use the services of an independent external party
eksternal independen untuk verifikasi perhitungan total           for verification of the total GHG emissions calculation,
emisi GRK namun kami memastikan bahwa perhitungan                 but we ensure that the calculations are based on relevant
sudah berdasarkan metode yang relevan.                            methods.

Selain gas karbon dioksida, emisi GRK dapat terdiri dari          In addition to carbon dioxide gas, GHG emissions can
nitrogen oksida (NO) maupun sulfur oksida (SO). KAI               consist of nitrogen oxides (NO) and sulfur oxides (SO).
memahami dan melakukan uji emisi pada aktivitas                   KAI understands this and conducts emission tests on
operasional yang berpotensi menghasilkan gas-gas                  operational activities that have the potential to produce
tersebut. Lokomotif dan genset KAI mengeluarkan emisi             these gases. KAI's locomotives and generators emit GHGs
GRK yang mencakup NO dan SO. KAI melakukan uji emisi              that include NO and SO. KAI conducts emission tests on
pada lokomotif dengan 2 (dua) metode yaitu metode                 locomotives using two methods: the no-load sampling
pengambilan sampel tanpa beban (saat lokomotif tanpa              method (when the locomotive is not carrying any load
adanya pembebanan seperti rangkaian) dan metode                   such as a trainset) and the loaded sampling method
pengambilan sampel dengan pembebanan (saat                        (when the locomotive is coupled or connected with a
lokomotif sedang menggandeng atau terangkai dengan                trainset with a safe load). Samples are taken from idle
rangkaian dengan safe load). Sampel yang di ambil dari            (not moving) through the first to the eighth notch (the
mulai tidak bergerak (idle) hingga notch (posisi tuas             position of the control lever used by the machinist to
kontrol yang digunakan oleh masinis untuk mengatur                regulate the train's speed). Each notch represents a
kecepatan kereta) pertama hingga kedelapan. Setiap                different power or acceleration level on the locomotive.
notch mewakili tingkat daya atau percepatan yang                  This system allows the machinist to gradually control the
berbeda pada lokomotif. Sistem ini memungkinkan                   engine's power, starting from idle (no power) to full power
masinis untuk mengontrol daya mesin secara bertahap,              at notch 8. The higher the notch number, the greater
mulai dari posisi idle (tanpa daya) hingga daya penuh di          the power output by the engine, and the faster the train
notch 8. Semakin tinggi nomor notch, semakin besar                can travel. The use of notches controls the train's speed
daya yang dikeluarkan oleh mesin, dan semakin cepat               with precision, especially when the train starts moving,
kereta dapat melaju. Penggunaan notch mengendalikan               climbs a hill, or during braking. All locomotive emission
kecepatan kereta dengan presisi, terutama saat kereta             test results do not exceed the emission standards for
mulai bergerak, mendaki tanjakan, atau saat pengereman.           locomotive exhaust gases set by the Thermodynamics
Seluruh hasil uji emisi Lokomotif tidak melebihi baku             Motor and Propulsion Technology Center of the National
mutu emisi gas buang lokomotif Balai Teknologi                    Research and Innovation Agency, whether the locomotive
Termodinamika Motor dan Propulsi oleh Badan Riset dan             is unloaded or loaded.
Inovasi Nasional, baik kondisi lokomotif tanpa
pembebanan maupun dengan pembebanan.




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                           Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Sementara itu, metode pengambilan pada genset hanya            Meanwhile, the sampling method for generators can only
bisa dilakukan dengan metode tanpa pembebanan.                 be performed using the no-load method. Emission
Sampel emisi diambil selama beberapa detik dan                 samples are taken for several seconds and show that
menunjukan bahwa emisi genset tidak melebihi baku              generator emissions do not exceed the emission standards
mutu emisi mesin dengan pembakaran dalam atau genset           for internal combustion engines or generators as stated
yang tertera pada Peraturan Menteri Lingkungan Hidup           in the Minister of Environment and Forestry Regulation
dan Kehutanan No. 11 tahun 2021. Namun demikian,               No. 11 of 2021. However, up to now, KAI has not yet
sampai saat ini KAI belum melakukan akumulasi                  accumulated annual GHG emission calculations from
penghitungan tahunan emisi GRK dari zat perusak ozon,          ozone-depleting substances, nitrogen oxides, sulfur
nitrogen oksida, sulfur oksida, dan gas lainnya. Kami          oxides, and other gases. We hope to analyze each emission
berharap dapat menelaah setiap sumber emisi yang kami          source we generate so that they can be better quantified
hasilkan agar dapat dikuantifikasi lebih baik di masa yang     in the future. [GRI 305-6, 305-7]
akan datang. [GRI 305-6, 305-7]

Upaya dan Pencapaian Pengurangan Emisi yang                    Efforts and Achievements in Emission Reduction
Dilakukan [OJK F.12][GRI 3-3, 305-5]                           [OJK F.12][GRI 3-3, 305-5]
Pengurangan emisi GRK sangat penting untuk mengatasi           Reducing GHG emissions is crucial to addressing climate
perubahan iklim dan memenuhi regulasi lingkungan.              change and meeting environmental regulations. The
Perseroan berkomitmen untuk mengurangi emisi melalui           company is committed to reducing emissions through
peningkatan efisiensi bahan bakar, adopsi teknologi            fuel efficiency improvements, the adoption of clean
bersih, dan penggunaan energi terbarukan. KAI secara           technologies, and the use of renewable energy. KAI
konsisten menerapkan sejumlah inisiatif teknologi dan          consistently implements various technological initiatives
kebijakan operasional sebagai upaya mendukung                  and operational policies to support emission reductions
pengurangan emisi dari lingkup internal sampai ke              from internal operations to the broader community of
lingkup pemangku kepentingan masyarakat pengguna               railway service users.
layanan perkeretaapian.

KAI terus melakukan pembangunan dan pengembangan               KAI continues to develop and expand low-emission,
sistem transportasi umum berbasis listrik yang rendah          environmentally friendly electric public transportation
emisi dan ramah lingkungan, termasuk Kereta Rel Listrik        systems, including the Jabodetabek and Yogyakarta
(KRL) Jabodetabek dan Yogyakarta, Light Rail Transit           Electric Rail Trains (KRL), the Jabodebek Light Rail Transit
(LRT) Jabodebek, dan Kereta Cepat Jakarta-Bandung. Di          (LRT), and the Jakarta-Bandung High-Speed Rail.
samping itu, kami mengecek dan memperbaiki secara              Additionally, we regularly inspect and repair all our train
berkala seluruh unit kereta api kami hingga mengganti          units and replace those that are no longer productive.
yang sudah tidak produktif lagi.

Dalam mencukupi energi listrik, kami memulai transisi          "To meet our electricity needs, we have begun
ke sumber energi terbarukan dengan memasang panel              transitioning to renewable energy sources by installing
surya di Stasiun Gambir, Gedung Jakarta Railway Center,        solar panels at Gambir Station, Jakarta Railway Center
40 stasiun KAI, Balai Yasa Manggarai dan Balai Yasa            Building, 40 KAI stations, Manggarai Workshop, and
Yogyakarta. Sampai tahun 2025 kami akan memperluas             Yogyakarta Workshop. By 2025, we plan to expand the
implementasi penggunaan tenaga matahari di 40 lokasi           implementation of solar power to 40 additional
                                                               locations."

Usaha lain yang dilakukan KAI dalam mengurangi emisi           Another effort by KAI to reduce emissions is the use of
dilaksanakan melalui pemakaian bahan bakar Biosolar            Biosolar fuel, a blend of diesel and natural oils such as
dengan campuran Solar dan minyak alami seperti minyak          palm oil and castor oil. The Biosolar we use consists of
kelapa sawit dan jarak. Biosolar yang kami gunakan terdiri     30% and 35% vegetable oil. We are currently studying
dari 35% minyak nabati. Saat ini kami sedang melakukan         the use of Biosolar with 100% renewable sources from
kajian Biosolar dengan 40% sumber terbarukan dari              plants. The blend with natural materials results in lower
tanaman.       Pencampuran dengan bahan alami                  exhaust gas emissions, thereby reducing air pollution and
menghasilkan emisi gas buang yang lebih rendah sehingga        climate change.
mengurangi pencemaran udara dan perubahan iklim.

Uji statis dan dinamis konversi bahan bakar minyak ke          We are also researching the application of static and
bahan bakar Liquefied Natural Gas (LNG) dengan                 dynamic tests for converting oil fuel to Liquefied Natural
menggunakan sistem Diesel Dual Fuel (DDF) untuk                Gas (LNG) using the Diesel Dual Fuel (DDF) system to
mengurangi emisi karbon juga kami teliti penerapannya.         reduce carbon emissions. The use of LNG fuel in trains
Terkait hal tersebut, penggunaan bahan bakar LNG pada          offers several benefits, including fuel cost efficiency,
kereta api memiliki sejumlah manfaat, antara lain efisiensi    maintenance cost efficiency, and the potential use of KAI
biaya bahan bakar dan biaya pemeliharaan.                      station land for green energy provision.




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                                                                  Annual and Sustainability Report
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Kami juga berupaya untuk mengurangi emisi yang               We also strive to reduce emissions generated by KAI
pelanggan KAI hasilkan dengan mengoptimalkan                 customers by optimizing the use of the Access by KAI
penggunaan aplikasi pemesanan tiket Access by KAI            ticketing app with its e-boarding pass feature, thus
dengan fitur e-boarding pass, sehingga mengurangi            reducing paper use in the check-in process.
penggunaan kertas dalam proses check-in.

Dalam lingkup internal perusahaan, KAI mengembangkan         Internally, KAI has developed applications to facilitate
aplikasi yang digunakan untuk memudahkan pekerjaan           employee work through digitalization, such as the Rail
pegawai melalui aplikasi Rail Document System (RDS)          Document System (RDS) for electronic correspondence,
untuk mendukung surat menyurat secara elektronik,            the Safety Railway Information System (SRI) for reporting
Safety Railway Information System (SRI) untuk                safety findings and follow-ups, Raileo for assisting
memberikan informasi pelaporan temuan keamanan dan           employees in their tasks, and other applications that will
tindak lanjutnya, Raileo untuk memudahkan pegawai            continue to be developed to provide better service. This
dalam melaksanakan tugas pekerjaan, serta aplikasi           aims to ease employee tasks through digitalization. KAI's
lainnya yang akan terus dikembangkan untuk                   commitment to digital transformation is demonstrated
memberikan pelayanan yang lebih baik. Hal ini bertujuan      by routinely improving digital support Rolling Stock and
untuk memudahkan pekerjaan para pegawai dengan               office applications to provide faster and better service.
digitalisasi. Komitmen KAI sebagai wujud transformasi
digital dilaksanakan dengan rutin melakukan perbaikan
sarana dan prasarana pendukung digitalisasi serta
melakukan perbaikan aplikasi perkantoran agar mampu
memberikan pelayanan yang lebih cepat dan lebih baik.

Selain   itu,  untuk   meminimalisasi      penggunaan        Additionally, to minimize the use of motor vehicles for
(kendaraan) bermotor dalam melakukan perjalanan              business trips, KAI encourages employees at the
dinas, KAI membuat himbauan bagi para pekerja di kantor      headquarters to prioritize using rail transport for all
pusat agar mengutamakan menggunakan transportasi             business trips. This is outlined in the internal memo No.5/
kereta api dalam setiap perjalanan dinasnya. Hal ini         KG.107/I/KA/2022 on the Use of Operational Vehicles in
tertuang dalam nota dinas internal No.5/KG.107/I/KA/2022     the KAI Headquarters Environment. KAI also implements
tentang Penggunaan Kendaraan Operasional Dinas di            an odd-even parking system for headquarters employees
Lingkungan Kantor Pusat KAI. Selain itu, KAI                 to encourage the use of public transportation and
memberlakukan sistem parkir ganjil-genap bagi karyawan       increase greenery in office park areas.
kantor pusat sebagai upaya mendorong karyawan agar
menggunakan transportasi publik serta menambah
penghijauan di area taman perkantoran.

KAI memaksimalkan upaya pengurangan emisi internal           KAI maximizes internal emission reduction efforts by
dengan pemeliharaan kendaraan operasional dan                maintaining operational vehicles and conducting regular
pengujian emisi gas buang secara berkala. Selain itu, KAI    exhaust gas emission tests. Furthermore, KAI routinely
secara rutin mengganti kendaraan operasional dengan          replaces operational vehicles with newer, more
kendaraan lebih muda yang emisi gas buangnya lebih           environmentally friendly models and gradually adopts
ramah lingkungan, serta secara bertahap menggunakan          lower-emission operational vehicles.
kendaraan operasional dengan emisi yang lebih rendah.

Kerja Sama atau Kegiatan Pengurangan Emisi GRK               Collaboration or Activities for GHG Emission
dengan Melibatkan Pihak Ketiga                               Reduction Involving Third Parties
Sampai 31 Desember 2023, KAI menerapkan kegiatan             As of December 31 st, 2023, KAI has implemented GHG
pengurangan emisi GRK secara mandiri. KAI memiliki           emission reduction activities independently. KAI is
komitmen yang kuat untuk secara terus-menerus                strongly committed to continuously improving the
meningkatkan kualitas pengurangan emisi GRK dari             quality of GHG emission reductions from its operational
aktivitas operasi. Atas komitmen itu, KAI membuka            activities. In line with this commitment, KAI is open to
peluang untuk dilakukannya kerja sama atau kegiatan          opportunities for collaboration or GHG emission reduction
pengurangan emisi GRK dengan melibatkan pihak ketiga         activities involving third parties in the coming years.
terpercaya pada tahun-tahun mendatang.




                      Laporan Tahunan dan Keberlanjutan
578                                                                                   PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 579
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Pemenuhan Target Pengurangan Emisi GRK                          Fulfillment of GHG Emission Reduction Targets
KAI belum menetapkan target pengurangan emisi GRK.              KAI has not yet set specific GHG emission reduction
Meski demikian, sampai dengan laporan ini dipublikasikan,       targets. However, as of the publication of this report, KAI
KAI telah menyusun dan memperlakukan Roadmap ESG                has developed and implemented an ESG Roadmap for
periode 2023-2027 yang memuat target penghematan                the period 2023-2027, which includes energy-saving
energi dan diharapkan berdampak pada pengurangan                targets expected to impact GHG emission reductions.
emisi GRK. KAI belum menetapkan target penurunan                KAI has not set specific emission reduction targets in the
emisi pada Roadmap ESG periode 2023-2027. Adapun,               ESG Roadmap for the period 2023-2027. The ESG
Roadmap ESG periode 2023-2027 masih dalam proses                Roadmap for the period 2023-2027 is still under evaluation
evaluasi sebagai upaya penyempurnaan oleh KAI.                  for improvement by KAI.

Target Penurunan Emisi Sebagai KPI Manajemen                    Emission Reduction Target as Management KPI and
dan Evaluasinya                                                 Evaluation
Sampai dengan 31 Desember 2023, KAI belum                       As of December 31 st, 2023, KAI has not included emission
memasukkan target penurunan emisi sebagai bagian                reduction targets as part of management KPI
penilaian KPI manajemen. KAI juga belum menerapkan              assessments. KAI has also not implemented an evaluation
sistem evaluasi terhadap target penurunan emisi                 system for emission reduction targets based on baseline
berdasarkan baseline pengukuran. Namun, KAI telah               calculations up to the reporting year of the Sustainability
menetapkan tahun 2023 sebagai baseline pengukuran,              Report.
dengan sasaran pencapaian ESG Risk Ratings yang
terbaik (peringkat low risk) pada 2027.

ASPEK LIMBAH DAN EFLUEN                                         WASTE AND EFFLUENT ASPECTS
Jumlah Limbah dan Efluen yang Dihasilkan                        Amount of Waste and Effluent Generated by Type
Berdasarkan Jenis [OJK F.13][GRI 306-3]                         [OJK F.13][GRI 306-3]
Jumlah limbah dan efluen yang dihasilkan dari aktivitas         The amount of waste and effluent generated from KAI's
operasional KAI untuk tahun 2023, beserta pembagian             operational activities for 2023, along with the distribution
berdasarkan jenisnya, adalah sebagai berikut:                   based on type, is as follows:

Limbah B3 dan Non B3 yang Dihasilkan Tahun 2023                 Hazardous Waste and Non Hazardous Waste
                                                                Generated in 2023

                                       Jenis Limbah                                        Satuan
  No                                                                                                        Total Volume
                                       Type of Waste                                        Unit

 Limbah B3
 Hazardous Waste

        Minyak Pelumas Bekas
   1                                                                                         Ton                250.962
        Used Oil Lubricants

        Drum Bekas
   2                                                                                     Buah / Piece            3.313
        Used Drums

        Gram Bubutan
   3                                                                                         Ton                146.700
        Lathe Crumb

 Limbah Non B3
 Non Hazardous Waste

        Potongan Besi < 1 Kg
   4                                                                                         Ton                637.896
        Pieces of Iron < 1 Kg

        Lain-lain (Elektronik Bekas, Kayu Bekas, Remblok, Komposite)
   5                                                                                         Ton                431.033
        Others




                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                               579
                                                                    Annual and Sustainability Report
Page 580
                                          Laporan Keberlanjutan
                                          Sustainability Report




Mekanisme Pengelolaan Limbah dan Efluen                       Waste and Effluent Management Mechanism
[OJK F.14][GRI 3-3, 306]                                      [OJK F.14][GRI 3-3, 306]
Aktivitas operasional Perseroan menghasilkan limbah           The Company's operational activities produce waste that
yang berpotensi memberi dampak negatif bagi                   has the potential to have a negative impact on the
lingkungan hidup, karenanya kami berkomitmen                  environment, therefore we are committed to managing
mengelola seluruh limbah yang kami hasilkan sebelum           all the waste we produce before it is disposed of using
dibuang dengan prosedur pengelolaan yang benar sesuai         correct management procedures in accordance with
peraturan yang berlaku dan praktik terbaik. Untuk itu,        applicable regulations and best practices. For this reason,
KAI memiliki komitmen untuk terus menerapkan                  KAI is committed to continuing to implement waste
pengelolaan      limbah     sebagai   upaya     yang          management as a sustainable effort.
berkesinambungan.

Berdasarkan jenisnya, limbah KAI dapat dibagi menjadi         Based on the type, KAI waste can be divided into 3 (three)
3 (tiga) golongan, sebagai berikut: [GRI 306-1]               groups, as follows: [GRI 306-1]
   a. Limbah Cair                                               a. Liquid waste
      Merupakan limbah dalam bentuk cair yang dihasilkan           It is liquid waste produced by business activities
      oleh kegiatan usaha yang dibuang ke lingkungan               that is discharged into the environment and is
      hidup dan diduga dapat menurunkan kualitas                   suspected to degrade environmental quality. The
      lingkungan hidup. Bentuk limbah cair yang                    types of liquid waste managed by KAI include: oil
      dikelola KAI meliputi: tumpahan bahan bakar                  or fuel spills; water from washing locomotives, trains,
      minyak atau oli; air cucian lokomotif, kereta, atau          or carriages; used oil spills; chemical fluids, dust, or
      gerbong; ceceran oli bekas; cairan kimia, debu atau          other liquid waste from production activities
      cairan lainnya sisa produksi yang terbuang dari              through washing processes; and waste or residues
      aktivitas proses produksi melalui proses pencucian;          from the Eco-Friendly Toilet (TRL) draining.
      dan limbah atau hasil pengurasan Toilet Ramah
      Lingkungan (TRL).
   b. Limbah Padat                                                b. Solid Waste
      Seperti sisa pembubutan (serbuk besi atau scrap),              Such as turning waste (iron powder or scrap), used
      barang atau suku cadang bekas, limbah kantor                   goods or spare parts, office waste (paper, plastic),
      (kertas, plastik), limbah restorasi (kertas, plastik,          restoration waste (paper, plastic, food waste).
      sisa makanan).
   c. Limbah Bahan Berbahaya dan Beracun (B3)                     c. Hazardous and Toxic Waste
      Limbah B3 yang ada di KAI merupakan gabungan                   The hazardous and toxic waste at KAI consists of a
      dari Limbah Cair dan Limbah Padat yang masuk                   combination of liquid and solid waste categorized
      kategori Limbah B3 seperti Tumpahan Bakar Minyak               as B3 waste, such as oil or fuel spills, water from
      atau Oli, Air Cucian lokomotif/kereta/gerbong,                 washing locomotives/trains/carriages, used oil spills,
      Ceceran oli bekas, cairan kimia, debu, atau cairan             chemical fluids, dust, or other production waste
      lainnya sisa produksi yang terbuang dari aktivitas             discarded from washing processes, as well as
      proses produksi melalui proses pencucian, sisa                 shavings and used parts or spare parts.
      bubutan dan barang atau suku cadang bekas.

Pengelolaan limbah yang dihasilkan dari kegiatan operasi      Management of waste generated from the Company's
Perseroan merupakan bagian yang tidak terpisahkan dari        operational activities is an inseparable part of the series
rangkaian kegiatan operasional sehari-hari. Hal itu           of daily operational activities. This was carried out in
dilaksanakan sesuai Keputusan Direksi KAI Nomor KEP.          accordance with the Decree of the KAI Board of Directors
U/KS.101/IV/1/KA-2017 tanggal 4 April 2017 tentang            Number KEP.U/ KS.101/IV/1/ KA-2017 dated April 4 th, 2017
Pengelolaan Limbah di Daerah Operasi, Divisi Regional,        concerning Waste Management in Operational Areas,
Balai Yasa, Gudang Persediaan, dan Anak Perusahaan.           Regional Divisions, Service Centers, Inventory Warehouses
Melalui perangkat kebijakan internal tersebut, Perseroan      and Subsidiaries. Through these internal policy tools, the
mengupayakan pengelolaan limbah secara baik dan benar,        Company strives for waste management that is good and
terpelihara, terkontrol dan teruji dengan tujuan              correct, maintained, controlled and tested with the aim
meminimalisasi dampak lingkungan.                             of minimizing environmental impacts.

Secara berkala, KAI melakukan pemantauan terhadap             Periodically, KAI monitors the impacts resulting from
dampak yang ditimbulkan dari limbah operasional               operational waste or supply chain activities, through
ataupun aktivitas rantai pasok, melalui penerapan life        implementation life cycle perspective with the following
cycle perspective dengan uraian sebagai berikut               description [GRI 306-2, 306-4, 306-5] :
[GRI 306-2, 306-4, 306-5] :




                       Laporan Tahunan dan Keberlanjutan
580                                                                                     PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 581
                                              Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                                                                          Gudang persediaan dan
                                                                          pihak ketiga pengelola
                                                                             limbah B3 berizin            Pihak Ketiga



                                                                   Eksploitasi
                                                                      SDA


                                                                                  Hazardous                Domestic       Eksploitasi
                                                                                    Waste                   Waste            SDA
                                                                    Energy



     Eksploitasi                    Eksploitasi                                                                                                  Eksploitasi
                                                                                                                            Energy
        SDA                            SDA                                                                                                          SDA


                                                                                                                                  Lokomotif
                                                            Operation                           Solid Waste                       Diambil
    Energy dan                                              Perawatan
                                        Energy                                                                                    Kembali          Energy
     Material                                               1. Auxiliary                                                          Oleh
                                                            2. Diesel                                                             DAOP
                                                            3. Final Test
                                                            4. Komponen
                                                            5. Logam
                         No                                 6. Perangkat
 Material Extraction   Product                                  Tukar
 (Legality material    Design                               7. Rangka Atas
                                   Warehousing                                                                             Transport                Use                Disposal
     and other                                              8. Rangka Bawah
                                     Material                                                                               Product               Product              Product
    supporting                                              9. Traksi Listrik
                                    (Doc. IAD)                                                                            (Doc. IADL)           (Doc. ADLJ)          (Doc. ADLJ)
 document such as                                           10. Pengecatan
     the MSDS                                               11. Modifikasi
                                                            12. Pengelolaan
                                                                Limbah
                                                            13. Kegiatan
                                                                Kantor
                                                            14. Operasional
      Waste
                                                                Fasilitas                                                Air Emissions          Ceceran Oli          Limbah Oli
   (NG Material)
                                                                Pendukung
                                                                (Doc. IAD)                      Waste Water



     Return to                                                                                                                                  Pencemaran
                                                                                                                         Uji emisi dan                                 TPSLB3
     Supplier                                                                                                                                      Tanah
                                                                                                                            Service
                                                                                                                             secara
                                                                                                                           berkalan
                                                                   Spare Part    Limbah Cair              Limbah Cair
                                                                      NG          Domestik                    B3


                                                                                                                                                     Gudang persediaan dan
                                                                                                                                                     pihak ketiga pengelola
                                                                    Gudang                                 Kerjasama                                    limbah B3 berizin
                                                                   Persedian                              pihak ketiga
                                                                                                          berizin IPLC




Khusus limbah padat, alur pengelolaan limbah di                                                Specifically for solid waste, the flow of waste management
lingkungan Perseroan diuraikan melalui skema berikut:                                          within the Company is described through the following
                                                                                               scheme:


                                    •    Balai Yasa / Balai Yasa                                                                         • Stasiun / Station
                                    •    Dipo / Depots                                                                                   • Kantor / Office




                                         Tempat Sampah Non                         Tempat Sampah                                                          Tempat Sampah Non
  Tempat Sampah Organik                                                                                             Tempat Sampah Organik
                                              Organik                             LImbah Padat B3                                                              Organik
     Organic Trash Can                                                                                                 Organic Trash Can
                                        Non Organic Trash Can                     Solid Waste Bin B3                                                     Non Organic Trash Can




            Tempat Penampungan Sementara (TPS)                                                                                Tempat Penampungan Sementara (TPS)
                     Temporary Shelter                                                                                                 Temporary Shelter

                                                                                    Gudang / Tempat
                                                                               Penyimpanan Sementara
                                                                                    Limbah Padat B3
                                                                               B3 Solid Waste Warehouse
                                                                                  / Temporary Storage

                   Tempat Pemerosesan Akhir                                                                                          Tempat Pemerosesan Akhir
                     Final Processing Place                                                                                            Final Processing Place




                                         Gudang Persediaan                                                                Mitra Kerja*
                                          Stock Warehouse                                                                Work Partners




*) Mitra Kerja harus sudah memiliki izin pengolahan limbah B3 dari badan                       *) Work Partners must have a hazardous waste processing permit from the
   lingkungan hidup.                                                                              environmental agency.




                                                                                               Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                                                                  581
                                                                                                   Annual and Sustainability Report
Page 582
                                           Laporan Keberlanjutan
                                           Sustainability Report




Dalam praktiknya, guna menunjang pengelolaan limbah            In practice, to support waste management carried out
yang dilakukan di Balai Yasa, Dipo, Kantor, dan Stasiun,       at Service Centers, Depots, Offices and Stations, the
Perseroan menerapkan kebijakan sebagai berikut:                Company implements the following policies:
  a. Di setiap tempat kerja terbuka maupun tertutup               a. In every open or closed workplace with the
     yang berpotensi adanya limbah wajib disediakan                  potential to produce waste, organic and non-organic
     tempat sampah organik dan non organik yang                      waste bins must be provided which must always
     harus selalu dalam keadaan tertutup;                            be closed;
  b. Secara berkala sampah di Balai Yasa, dipo, kantor,           b. Periodically, waste at Balai Yasa, depots, offices and
     dan stasiun dibuang ke Tempat Pembuangan                        stations is disposed of at the nearest Temporary
     Sementara (TPS) terdekat dan diangkut oleh dinas                Disposal Site and transported by the local sanitation
     kebersihan setempat ke Tempat Pemrosesan Akhir                  service to the Final Disposal Site;
     (TPA);
  c. Sampah tidak boleh dibakar dan ditimbun di dalam              c. Garbage should not be burned and piled in the
     tanah;                                                           ground;
  d. Setiap Balai Yasa, dipo, dan stasiun harus memiliki           d. Every service center, depot and station must have
     dokumen lingkungan kemudian mengurus izin                        environmental documents and then process
     lingkungan untuk kemudian memproses izin                         environmental permits to then process permits for
     perlindungan dan pengelolaan lingkungan hidup;                   environmental protection and management;
  e. Menyediakan      gudang/tempat        penyimpanan             e. Providing a warehouse/temporary storage place for
     sementara (TPS) limbah padat B3 seperti                          hazardous solid waste such as used electronic
     komponen elektronik bekas, potongan besi, baterai,               components, scrap metal, batteries, batteries, TL
     accu, lampu Tube Luminescent (TL), dan lain-lain.                lamps, etc., to be sent to the Supply Warehouse/
     TPS limbah B3 harus memenuhi persyaratan dan                     work partners who already have permits for storing
     memiliki izin penyimpanan limbah B3;                             and managing B3 waste

  f. Tempat penyimpanan limbah B3 harus memenuhi                   f. The hazardous waste storage area must meet the
     persyaratan;                                                     requirements;
  g. Untuk limbah B3 yang dihasilkan lebih dari 50 kg              g. For hazardous waste produced in excess of 50 kg,
     penyimpanannya paling lama 90 hari sejak limbah                  storage is no longer than 90 days from the time the
     B3 dihasilkan, sedangkan untuk limbah B3 yang                    B3 waste is produced, whereas for hazardous waste
     dihasilkan kurang dari 50 kg penyimpanannya                      produced less than 50 kg, storage is no later than
     paling lama 180 hari sejak limbah B3 dihasilkan;                 180 days from the time the hazardous waste is
                                                                      produced;
  h. Limbah B3 diberi label yang berisikan nama limbah             h. Hazardous waste is labeled containing the name
     B3, identitas penghasil limbah B3, tanggal                       of the B3 waste, the identity of the B3 waste
     dihasilkannya limbah B3 dan tanggal pengemasan                   producer, the date the hazardous waste was
     limbah B3 serta simbol dan label limbah B3.                      produced and the date the hazardous waste was
                                                                      packaged as well as the hazardous waste symbol
                                                                      and label.
  i. Setelah penyimpanan melebihi jangka waktu maka                i. After storage exceeds the time limit, all (100%)
     seluruh (100%) limbah B3 akan diangkut ke Gudang                 hazardous waste will be transported to the Inventory
     Persediaan dan mitra kerja yang memiliki izin                    Warehouse and to partners with hazardous waste
     pengolahan limbah B3. Pengolahan limbah B3 dapat                 processing permits. Processing of hazardous waste
     dilakukan dengan beberapa cara seperti termal,                   can be carried out through various methods such
     stabilisasi dan solidifikasi, dan/atau cara lain sesuai          as thermal treatment, stabilization and solidification,
     perkembangan teknologi.                                          and/or other methods in accordance with
                                                                      technological advancements.




                       Laporan Tahunan dan Keberlanjutan
582                                                                                       PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 583
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Selain itu, Perseroan menerapkan praktik pengelolaan          In addition, the Company implements solid waste
limbah padat di atas kereta dengan ketentuan sebagai          management practices on board trains with the following
berikut:                                                      provisions:
   a. Sampah yang berasal dari restorasi kereta api dan         a. Waste originating from train and passenger
      penumpang dipisahkan antara sampah organik dan               restoration is separated into organic waste and
      sampah anorganik                                             inorganic waste
   b. Setelah sampai stasiun tujuan sampah dibuang ke           b. After arriving at the destination station, the waste
      TPS stasiun.                                                 is disposed of at the station's temporary site
                                                                   disposal
  c. KAI telah mengeluarkan kebijakan untuk mencegah            c. KAI has issued a policy to prevent and control
     dan mengontrol polusi dari kegiatan operasional               pollution from company operational activities as
     perusahaan, tertuang dalam Kebijakan Health,                  stated in Health, Safety, Security & Environment
     Safety, Security & Environment Nomor KS.102/XII/1/            Policy Number KS.102/XII/1/KA-2022 dated 16
     KA-2022 tanggal 16 Desember 2022.

Perseroan sebagai perusahaan penyedia jasa layanan            As the primary railway service provider in Indonesia, the
perkeretaapian       utama     di     Indonesia      juga     Company is also responsible for managing retired fleets,
bertanggungjawab terhadap pengelolaan armada bekas,           such as train cars that can no longer be used. Used fleets
salah satunya adalah gerbong kereta, yang sudah tidak         management differ from solid waste management, as
dapat digunakan lagi. Armada bekas berbeda dengan             they are fixed assets with very large volume and weight.
penanganan limbah padat yang sudah dijelaskan                 Once the fleet is declared irreparable or unusable after
sebelumnya karena merupakan aset aktiva tetap serta           20-40 years of service, it will be reclassified as Fixed Assets
memiliki volume dan berat yang sangat besar. Setelah          Removed from Operation (ATDO). The Company then
armada dinyatakan tidak dapat lagi diperbaiki atau            conducts a sales tender process for legal entities after
digunakan ketika penggunaannya sudah mencapai 20-40           obtaining approval from the Ministry of State-Owned
tahun maka akan diubah statusnya menjadi aset Aktiva          Enterprises and the Ministry of Transportation, as outlined
Tetap Diberhentikan dari Operasi (ATDO). Kemudian             in the PT Kereta Api Indonesia (Persero) Director's
Perseroan melakukan proses tender penjualan kepada            Regulation        Number:        PER.U/KM.105/IV/1/KA-2022
usaha berbadan hukum setelah meminta persetujuan              concerning Guidelines for Write-Off and Sale of Fixed
Kementerian BUMN dan Kementerian Perhubungan                  Assets, Infrastructure, and Maintenance Rolling Stock
dalam proses penghapusbukuan dan penjualan                    Removed from Operation. Entities such as PT Barata
sebagaimana tertulis dalam Peraturan Direksi PT Kereta        Indonesia, PT Pindad, and PT Krakatau Steel purchase
Api Indonesia (Persero) Nomor : PER.U/KM.105/IV/1/KA-         retired fleets to recover iron, steel, and metals which are
2022 tentang Pedoman Penghapusbukuan dan                      components of the fleet. The retired fleet is processed
Penjualan Aset Sarana, Prasarana, dan Fasilitas Perawatan     through cutting, weighing, and transportation before
Diberhentikan dari Operasi. Badan usaha seperti PT Barata     being redistributed or reprocessed into different products.
Indonesia, PT Pindad, dan PT Krakatau Steel membeli           This practice is evidence of KAI's commitment to applying
armada bekas untuk mendapatkan besi, baja dan logam           a life cycle perspective, contributing to the circular
yang merupakan komponen armada. Armada bekas                  economy.
diproses      dengan      pemotongan,     penimbangan,
pengangkutan untuk kemudian didistribusikan kembali
atau diproses ulang menjadi produk yang berbeda.
Praktik ini adalah bukti komitmen KAI dalam menerapkan
life cycle perspective yang berkontribusi terhadap
ekonomi sirkular.




                                                             Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                             583
                                                                 Annual and Sustainability Report
Page 584
                                         Laporan Keberlanjutan
                                         Sustainability Report




Limbah Cair (Efluen) [GRI 303-2, 303-4]                              Liquid Waste (Effluent) [GRI 303-2, 303-4]
Dalam mengelola limbah cair, KAI sudah menerapkan                    In managing liquid waste, KAI has implemented
mekanisme aturan sesuai Peraturan Menteri Lingkungan                 mechanisms in accordance with the Minister of
Hidup Republik Indonesia Nomor 5 tahun 2014 tentang                  Environment Regulation of the Republic of Indonesia
Baku Mutu Air Limbah. KAI juga telah mendapatkan ISO                 Number 5 of 2014 concerning Wastewater Quality
14001:2015 tentang Sistem Manajemen Lingkungan pada                  Standards. KAI has also obtained ISO 14001:2015
4 (empat) Area kerja yaitu, Balai Yasa Yogyakarta, Balai             certification for Environmental Management Systems at
Yasa Tegal, Balai Yasa Cirebon Prujakan dan Dipo                     4 (four) work areas, namely: Balai Yasa Yogyakarta, Balai
Lokomotif Cirebon. KAI senantiasa menerapkan kebijakan               Yasa Tegal, Balai Yasa Cirebon Prujakan, and Cirebon
internal pengelolaan limbah berdasarkan Surat                        Locomotive Depot. KAI consistently applies internal waste
Keputusan Nomor KEP.U/KS.10l/IV/l/KA-2017. Sesuai                    management policies based on Decree Number KEP.U/
peraturan tersebut, pengelolaan buangan limbah cair                  KS.10l/IV/l/KA-2017. According to these regulations, liquid
dilakukan dengan menggunakan 38 Unit Instalasi                       waste management is conducted using 38 Wastewater
Pengolahan Air Limbah (IPAL) yang tersebar di banyak                 Treatment Plants (IPAL) located across various operational
lokasi operasional. Debit air limbah yang masuk dari                 sites. The volume of wastewater entering and leaving the
kegiatan operasional dan keluar dari IPAL dipastikan sama            IPAL is monitored to ensure it is consistent, by checking
dengan pemantauan nilai flowmeter pada saluran masuk                 the flowmeter values on the inlet and outlet channels of
(inlet) dan saluran pembuangan (outlet) IPAL. KAI                    the IPAL. KAI ensures that all water used for operational
memastikan bahwa seluruh air yang digunakan untuk                    purposes and converted into wastewater is managed by
keperluan operasional dan menjadi air limbah dikelola                the IPAL to meet the specified quality standards before
dengan IPAL agar dapat sesuai dengan baku mutu yang                  being discharged into receiving water bodies, as shown
ditetapkan sebelum dibuang ke badan air penerima                     in the following chart:
sebagaimana bagan berikut :



                                                •   Balai Yasa / Balai Yasa
                                                                                Sumber Air Limbah
                                                •   Dipo / Depots
                                                                                Sewerage
                                                •   Stasiun / Station




                                                    Saluran Air Limbah
                                                         Sewerage




                                                                                Penampungan sebelum
                                                    Bak Pengumpul Air
                                                                                dilakukan pengolahan di IPAL
                                                         Limbah
                                                                                Shelter before processing
                                                        Sewerage
                                                                                in WWTP




                                                                                Instalasi Pengolahan
                                                          IPAL                  Air Limbah
                                                          WWTP                  Waste Water Treatment
                                                                                Plant




                                                    Badan Air Penerima          Sungai / Selokan
                                                      Receiving Water           River / Drain




Laporan Pemantauan Limbah                                            Waste Monitoring Report
Secara berkala, KAI melalui masing-masing unit penghasil             Periodically, KAI, through each waste producing unit,
limbah melakukan pemantauan dan pengelolaan                          monitors and manages waste and reports waste
limbah serta melakukan pelaporan pengelolaan limbah                  management to the environmental service and related
kepada Dinas Lingkungan Hidup dan instansi terkait.                  agencies.

Tumpahan yang Terjadi [OJK F.15]                                     Spills Occurred [OJK F.15]
Selama tahun 2023, tidak terjadi tumpahan atau                       During 2023, there were no spills or leaks of hazardous
kebocoran limbah yang terjadi dalam kegiatan                         waste in the company's operational activities.
operasional Perseroan.




                      Laporan Tahunan dan Keberlanjutan
584                                                                                                 PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




ASPEK PENGADUAN TERKAIT                                       ASPECTS OF COMPLAINTS RELATED TO
LINGKUNGAN HIDUP                                              THE ENVIRONMENT
Jumlah dan Materi Pengaduan Lingkungan Hidup yang             Number and Material of Environmental Complaints
Diterima dan Diselesaikan [OJK F.16][GRI 413-2]               Received and Resolved [OJK F.16][GRI 413-2]
Sebagai upaya identifikasi terhadap insiden pencemaran        As an effort to identify incidents of environmental
lingkungan hidup, KAI telah menyediakan saluran               pollution, KAI has provided a reporting channel that can
pelaporan yang dapat dimanfaatkan oleh masyarakat             be utilized by local communities or other stakeholders
sekitar atau pemangku kepentingan lain guna                   to inform them of environmental pollution resulting from
menginformasikan adanya pencemaran lingkungan akibat          the Company's operational activities.
aktivitas operasi Perseroan.

Sejak tahun 2020, KAI mencatat tidak adanya                   Since 2020, KAI has recorded no violations            of
pelanggaran terhadap kewajiban hukum maupun                   environmental legal obligations or regulations.
peraturan lingkungan yang berlaku. Selain itu, perusahaan     Additionally, the company has successfully mantained
juga berhasil menjaga kinerja lingkungan yang baik            strong environmental performance by avoiding any fines
dengan tidak menerima denda atau sanksi terkait isu           or penalties related to environmental issues during this
lingkungan selama periode tersebut.                           period.

Sampai dengan 31 Desember 2023, KAI tidak menerima            As of December 31 st, 2023, KAI has not received
pengaduan dari masyarakat atau instansi terkait               complaints from the public or agencies regarding
pencemaran yang diakibatkan oleh operasional                  pollution caused by company operations. Thus, there is
perusahaan. Dengan demikian, tidak terdapat informasi         no information regarding the list of complaints due to
mengenai daftar pengaduan karena dampak pencemaran            the impact of pollution resulting from KAI's operational
yang dihasilkan dari aktivitas operasi KAI.                   activities.

KAI memiliki komitmen kuat dalam mengelola dampak             KAI has a strong commitment to managing the impact
aktivitas operasi terhadap lingkungan yang tertuang           of operational activities on the environment as stated in
dalam kebijakan dan kepatuhan terhadap peraturan. Kami        policies and regulatory compliance. We implement best
menerapkan praktik terbaik dan life cycle perspective         practices and life cycle perspectives in preventing and
dalam mencegah dan mengontrol pencemaran dan                  controlling pollution and the resulting negative impacts.
dampak negatif yang dihasilkan.                               [GRI 2-25, 2-27]
[GRI 2-25, 2-27]

Kami juga berkomitmen untuk hanya bekerjasama                 We are also committed to collaborating exclusively with
dengan mitra bisnis yang memiliki prinsip dan kepedulian      business partners who share KAI's principles and concerns
yang sama dengan KAI, yaitu mengelola setiap dampak           regarding environmental impact management in their
operasional mereka terhadap lingkungan hidup. Kami            operations. We ensure that all (100%) of our business
memastikan bahwa seluruh (100%) mitra usaha kami telah        partners undergo environmental assessment selection
lolos seleksi penilaian lingkungan dan patuh terhadap         and comply with relevant regulations and policies
regulasi dan kebijakan yang berlaku dalam kriteria            regarding environmental criteria. As per the Board of
lingkungan, karena hal tersebut, semua rantai pasok           Directors Regulation of PT Kereta Api Indonesia (Persero)
kami tidak memiliki dampak lingkungan negatif aktual          No: PER.U/KM.101/VII/1/KA-2022 on Procurement Guidelines
dan signifikan sebagaimana yang tercantum pada                for Goods and Services [GRI 308-1, 308-2], all our supply
Peraturan Direksi PT Kereta Api Indonesia (Persero) No:       chains are free from actual and significant negative
PER.U/KM.101/VII/1/KA-2022 tentang Pedoman Pengadaan          environmental impacts. [GRI 308-1, 308-2]
Barang dan Jasa [GRI 308-1, 308-2]


KINERJA SOSIAL                                                SOCIAL PERFORMANCE
Komitmen untuk Memberikan Layanan atas Produk                 Commitment to Providing Equivalent Products and/or
dan/atau Jasa yang Setara kepada Konsumen [OJK F.17]          Services to Consumers [OJK F.17]
KAI berprinsip untuk memberikan pelayanan terbaik bagi        KAI has the principle of providing the best service for
penumpang dengan konsisten meningkatkan dan                   passengers by consistently improving and perfecting a
menyempurnakan sejumlah aspek terkait pelayanan. KAI          number of aspects related to service. KAI strives to provide
mengupayakan pemberian pelayanan maksimal antara              maximum service, including by providing training to
lain dengan memberikan pelatihan kepada frontliner,           frontliner, in order to improve the quality of the in-train
demi meningkatkan kualitas pengalaman di dalam kereta         experience for customers. In addition, KAI conducts
bagi pelanggan. Selain itu, KAI melakukan survei              regular customer satisfaction surveys, the feedback of
kepuasan pelanggan secara berkala, yang umpan                 which is used as a reference for future service improvement
baliknya digunakan sebagai acuan bagi upaya                   efforts.
penyempurnaan layanan ke depan.




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                                                                 Annual and Sustainability Report
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                                         Laporan Keberlanjutan
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Komitmen KAI dalam menghargai dan peduli terhadap            KAI's commitment in appreciating and caring for all
seluruh     pelanggan       juga    diwujudkan   dengan      customers is also established by providing a guiding
menyediakan guiding block, ruang laktasi, loket difabel      block, lactation room, disabled counter and disabled toilet,
dan toilet difabel, serta kursi roda bagi penumpang yang     as well as wheelchairs for passengers who need them.
membutuhkan. Terdapat 81 guiding block, 66 ruang             There are 81 guiding blocks, 66 lactation rooms, 84
laktasi, 84 loket difabel, dan 144 toilet difabel yang       disabled counters and 144 disabled toilets spread across
tersebar di beberapa stasiun operasional KAI.                several KAI operational stations.

Tabel Jumlah Guiding Block, Ruang Laktasi, Loket             Table of Number of Guiding Blocks, Lactation
Difabel, dan Toilet Difabel                                  Rooms, Disabled Counters, and Disabled Toilets

       Wilayah Operasional                                  Ruang Laktasi       Loket Difabel         Toilet Difabel
                                      Guiding Block
          Operational Area                                 Lactation Room      Disabled Counter       Disabled Toilet

          Daop 1 Jakarta                   10                    5                     5                    13

         Daop 2 Bandung                     8                    6                    20                     10

          Daop 3 Cirebon                    2                    4                     3                     5

        Daop 4 Semarang                     7                    5                     0                     7

        Daop 5 Purwokerto                   7                    6                     4                     21

        Daop 6 Yogyakarta                   8                    5                     3                     11

          Daop 7 Madiun                     8                    6                     6                     18

         Daop 8 Surabaya                    11                   7                    28                     14

          Daop 9 Jember                     6                    2                     4                     12

      Divre I Sumatera Utara                7                    4                     2                     12

      Divre II Sumatera Barat               1                    7                     0                     10

        Divre III Palembang                 2                    5                     0                     6

      Divre IV Tanjung Karang               4                    3                     9                     5

       Balai Yasa Manggarai                 0                    0                     0                     0

         Balai Yasa Tegal                   0                    0                     0                     0

       Balai Yasa Yogyakarta                0                    0                     0                     0

        Balai Yasa Gubeng                   0                    1                     0                     0

         Balai Yasa Lahat                   0                    0                     0                     0

       Balai Yasa Pulubrayan                0                    0                     0                     0


Selain itu, KAI juga mengecam pelecehan seksual              In addition, KAI also condemns sexual harassment,
terutama dalam moda transportasi kereta api. Berbagai        especially in the railway transportation mode. Various
sosialisasi anti pelecehan seksual dilakukan KAI bersama     anti-sexual harassment socialization efforts are carried
pihak terkait, baik dalam bentuk kegiatan offline di         out by KAI together with related parties, both in the form
stasiun dan kereta maupun sosialisasi berupa imbauan         of offline activities at stations and on trains, as well as
di dalam kereta melalui announcer, menayangkan flyer         socialization in the form of announcements on trains,
di TV kereta api, memasang poster di stasiun, dan            displaying flyers on train TVs, putting up banners/posters
mempublikasikan kampanye anti pelecehan seksual di           at stations, and publicizing anti-sexual harassment
akun media sosial KAI.                                       campaigns on KAI's social media accounts.




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                          Annual and Sustainability Report
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                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KAI menyediakan berbagai saluran komunikasi yang                KAI provides various communication channels that
dapat dimanfaatkan oleh pelanggan, antara lain melalui          customers     can     utilize,  including    face-to-face
komunikasi tatap muka (Customer Service on-Station              communication (Customer Service on-Station and
dan Customer Service on-Train), via telepon, ataupun            Customer Service on-Train), via telephone, and through
komunikasi melalui media sosial, termasuk untuk                 social media. These channels are used to handle
menangani komunikasi berupa keluhan, kritik, mapun              communications in the form of complaints, criticism, or
saran. Seluruh saluran pelayanan pelanggan tersebut             suggestions. All customer service channels are integrated
telah dijalankan secara terintegrasi melalui CRM                through a Customer Relationship Management (CRM)
(Customer Relationship Management), sehingga setiap             system, allowing the progress of each complaint to be
progres penanganan keluhan dapat dipantau sampai                monitored until completion.
selesai.

Semua keluhan yang diterima harus mendapat                      All complaints received must receive a response with a
tanggapan dengan tolok ukur Key Performance                     Key Performance Indicator (KPI) benchmark of 90%.
Indicators (KPI) 90%. Dalam waktu 30 menit, CRM harus           Within 30 minutes, the CRM system must respond and
segera direspons dan ditindaklanjuti. Penanganan                follow up on the complaint. The handling of customer
keluhan pelanggan sejak masuk ke CRM sampai selesai             complaints from the time they enter the CRM until
dipantau hingga ke tingkat Manajer. Jika petugas                completion is monitored up to the Manager level. If the
Customer Relation (petugas yang meneruskan dan                  Customer Relation officer (the officer who forwards and
menyelesaikan masalah) belum dapat menyelesaikan                resolves the problem) cannot resolve the problem within
masalah dalam waktu 30 menit, maka notifikasi akan              30 minutes, the notification is forwarded to the team
diteruskan ke team leader. Jika berlanjut sampai 60             leader. If the issue persists for 60 minutes, the manager
menit, maka Manajer yang bersangkutan akan                      concerned will receive a notification to resolve the
mendapatkan notifikasi untuk segera menyelesaikan               complaint immediately. This procedure is carried out by
keluhan yang diterima. Prosedur tersebut dilakukan KAI          KAI as a continuous effort to maintain customer
sebagai upaya terus-menerus dalam menjaga kepuasan              satisfaction. [GRI 2-25, 2-26, 418-1]
pelanggan. [GRI 2-25, 2-26, 418-1]

KAI menyediakan layanan informasi publik terkait Perseroan      KAI provides public information services related to the
yang dapat diakses oleh penyandang disabilitas melalui          company that can be accessed by people with disabilities
website ppid.kai.id. Website ini memiliki audio yang bisa       through the website ppid.kai.id. This website features
mengarahkan pengunjung website dengan disabilitas tuna          audio guidance to assist visually impaired visitors, as each
netra, karena setiap menu di dalam website ini telah            menu on the site is equipped with voice directory
dilengkapi dengan instruksi direktori melalui suara. Selain     instructions. Additionally, visually impaired individuals
itu, bagi para disabilitas tuna netra yang ingin mengajukan     who wish to request public information in person can
permohonan informasi publik dengan datang langsung ke           visit the PPID (Information and Documentation
kantor PPID (Pejabat Pengelola Informasi & Dokumentasi)         Management Officer) office at KAI's central or regional
KAI baik di pusat maupun di Daop/Divre. KAI juga telah          offices. KAI has also provided information request forms
menyediakan formulir permohonan informasi dan brosur            and brochures in Braille, as well as guiding blocks at the
lengkap dengan menggunakan huruf Braille serta                  entrance of KAI's Head Office leading to the PPID room.
menyediakan prasarana berupa guiding block di pintu masuk       For wheelchair users, KAI provides ramps or special
Kantor Pusat KAI yang mengarahkan ke ruang PPID. Bagi           pathways from the entrance of KAI's Head Office to the
penyandang disabilitas yang menggunakan kursi roda, KAI         PPID room Meanwhile, for hearing and speech-impaired
juga menyediakan ramp atau jalan khusus untuk kursi roda        individuals, KAI has provided video facilities about KAI's
dari depan pintu masuk Kantor Pusat KAI menuju ke ruang         public information services in the PPID room and on the
PPID. Sementara itu, untuk para pemohon informasi dengan        "Kereta Api Kita" YouTube channel, which include sign
disabilitas tuna rungu dan tuna wicara, KAI telah               language subtitles. KAI is committed to providing equal
menyediakan fasilitas video tentang layanan informasi publik    service and product access to all (100%) of our customers,
KAI di ruang PPID dan akun Youtube Kereta Api Kita yang         including our valued disabled customers. The company
dilengkapi dengan bahasa isyarat dan subtitle. KAI              received the Public Agency Award for Implementing
berkomitmen terhadap layanan produk dan jasa yang setara        Disability-Friendly Public Information Services at the
kepada seluruh (100%) konsumen kami, termasuk pelanggan         Disability-Friendly Public Information Services event
difabel yang sangat kami hargai. Perseroan mendapatkan          organized by the Central Information Commission. We
Penghargaan Badan Publik yang Melaksanakan Pelayanan            hope all customers can have a quality and inclusive
Informasi Publik Ramah Disabilitas pada acara Layanan           experience using KAI's services and products.
Informasi Publik Ramah Disabilitas yang diselenggarakan         .
oleh Komisi Informasi Pusat. Kami berharap semua
pelanggan dapat memiliki pengalaman menggunakan jasa
dan produk KAI yang berkualitas dan inklusif.




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ASPEK KETENAGAKERJAAN                                       EMPLOYMENT ASPECTS
Kepegawaian [GRI 2-7, 3-3]                                  Employee [GRI 2-7, 3-3]
Pengembangan dan kesejahteraan karyawan merupakan           Employee development and welfare are key to enhancing
kunci untuk meningkatkan produktivitas dan retensi          productivity and employee retention. This aspect also
karyawan. Aspek ini juga memastikan penegakan hak           ensures the enforcement of human rights by promoting
asasi manusia dengan mendorong keragaman dan                diversity and equality. It is based on a strong
kesetaraan. Hal tersebut dilaksanakan atas dasar            understanding that employees play a crucial role in
pemahaman yang kuat bahwa pegawai memiliki peran            delivering the best products, services, and customer
penting dalam keseluruhan upaya produk, jasa, dan           service, which ultimately contributes to the achievement
pelayanan terbaik bagi pelanggan, serta segenap             of long-term business sustainability.
pemangku kepentingan lain, yang para akhirnya berperan
terhadap pencapaian keberlanjutan bisnis jangka
panjang.

KAI menerapkan pengelolaan sumber daya manusia              KAI implements comprehensive human resource
secara menyeluruh, mencakup proses rekrutmen,               management, covering recruitment processes, employee
pergantian pegawai, penerapan praktik ketenagakerjaan,      turnover, employment practices, and the provision of
hingga pemberian pendidikan dan pelatihan di bawah          education and training. These activities are coordinated
koordinasi Direktorat Human Capital and General Affairs.    under the Directorate of Human Capital and General
                                                            Affairs.

Lebih lanjut, penerapan prosedur rekrutmen pegawai          the implementation of the employee recruitment
yang dilaksanakan oleh KAI telah didukung kebijakan         procedures carried out by KAI has been supported by
internal Peraturan Direksi Nomor PER.U/KH.102/ VII/1/       internal policies, as outlined in the Board of Directors
KA2017 tanggal 14 Juli 2017 sebagaimana telah beberapa      Regulation Number PER.U/KH.102/VII/1/KA-2017 dated July
kali diubah terakhir dengan Peraturan Direksi Nomor PER.    14 th, 2017, as amended several times, most recently by
U/KH.102/V/1/KA-2021 tanggal 23 September 2021.             the Board of Directors Regulation Number PER.U/KH.102/
                                                            V/1/KA-2021 dated September 23 rd, 2021.

Proses rekrutmen KAI dilakukan antara lain melalui media    KAI's recruitment process is carried out, among other
internal, yaitu situs resmi pada alamat https://            methods, through internal media, specifically the official
recruitment.kai.id. KAI memastikan bahwa situs tersebut     website at https://recruitment.kai.id. KAI ensures that the
telah memuat informasi akurat dan terkini mengenai          site contains accurate and up-to-date information
pengumuman rekrutmen, registrasi, seleksi, kelulusan,       regarding recruitment announcements, registration,
hingga job description yang dibutuhkan oleh calon           selection, graduation, and job descriptions required by
pegawai.                                                    prospective employees.

Pada 2023, KAI telah melakukan proses rekrutmen yang        In 2023, KAI conducted both internal and external
terbagi menjadi rekrutmen internal serta eksternal.         recruitment processes. Internal recruitment was carried
Rekrutmen internal dilakukan dalam rangka memenuhi          out to meet the staffing needs of the Directorate of
kebutuhan pegawai untuk Direktorat Operasi, Direktorat      Operations, Directorate of Rolling Stock, and Directorate
Sarana dan Direktorat Prasarana, yaitu untuk mendukung      of Infrastructure to support the smooth operation of train
kelancaran operasional perjalanan kereta api. Adapun,       services. External recruitment was conducted to fulfill
rekrutmen eksternal dilakukan sebagai upaya untuk           staffing needs that could not be met through internal
memenuhi kebutuhan pegawai yang tidak terpenuhi dari        recruitment, as well as to meet the needs of other
rekrutmen internal, di samping untuk memenuhi               Directorates.
kebutuhan pada Direktorat lainnya.




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588                                                                                  PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Secara berkala, KAI melakukan evaluasi terhadap praktik       KAI periodically evaluates employment practices by
kepegawaian dengan melakukan penilaian terhadap               assessing the achievement of targets and objectives for
pemenuhan target dan tujuan, yang dilakukan baik bagi         both employees and work units. The assessment of results
pegawai maupun satuan kerja. Penilaian hasil yang             is conducted by referring to KAI's vision, mission, and
dicapai dilakukan dengan merujuk pada visi, misi, dan         long-term goals, as well as performance indicators based
tujuan jangka panjang KAI, serta tolok ukur penilaian         on Key Performance Indicators (KPI) or Corporate
berdasarkan Key Performance Indicators (KPI) atau             Performance Indicators (PI). This is done to ensure
Performance Indicators (PI) Korporat. Hal tersebut            alignment between employee or work unit performance
dilakukan untuk menjaga keselarasan antara pencapaian         achievements and the company's performance targets.
kinerja pegawai ataupun satuan kerja dengan sasaran
kinerja Perseroan.

KAI memiliki Perjanjian Kerja Bersama (PKB) yang disusun      KAI has a Collective Labor Agreement (PKB) prepared
berdasarkan Undang-Undang No.13 Tahun 2003 tentang            based on Law No. 13 of 2003 concerning Employment
Ketenagakerjaan, serta Keputusan Menteri Tenaga Kerja         and the Decree of the Minister of Manpower and
dan Transmigrasi No. 255/Men/2003 tentang Tata Cara           Transmigration No. 255/Men/2003 concerning Procedures
Pembentukan dan Susunan Keanggotaan LKS Bipartit.             for the Formation and Membership of Bipartite
Penyusunan dokumen tersebut dilakukan bersama                 Cooperation Institutions (LKS Bipartit). The document
Serikat Pekerja Kereta Api (SPKA), dengan hasil dokumen       was prepared in collaboration with the KAI Workers' Union
mendapat tinjauan berkala setiap 2 (dua) tahun sekali.        (SPKA), with periodic reviews every two years. The
Penyusunan dan peninjauan dokumen PKB dilakukan               preparation and review of the PKB document align with
seiring upaya KAI dalam meningkatkan hubungan                 KAI's efforts to improve communication between
komunikasi antara Manajemen dan Serikat Pekerja KAI           Management and the Railway Workers' Union through
melalui Lembaga Kerja Sama Bipatrit (LKS Bipatrit). PKB       the Bipartite Cooperation Institution (LKS Bipartit). The
yang berlaku di tahun 2023 adalah PKB perubahan dari          PKB applicable in 2023 is a revised agreement from the
periode 2020-2022 ke periode tahun 2022-2024 yang             2020-2022 period to the 2022-2024 period, with the
naskahnya ditandatangani pada 5 Juli 2022 oleh Direktur       document signed on July 5 th, 2022, by the President
Utama sebagai pihak yang mewakili Manajemen KAI dan           Director representing KAI Management and the Chairman
Ketua Umum Serikat Pekerja KAI yang mewakili SPKA.            of the KAI Workers' Union representing SPKA. The PKB
Dokumen PKB tersebut telah didaftarkan pada                   document has been registered with the Ministry of
Kementerian Ketenagakerjaan RI dengan Keputusan               Manpower of the Republic of Indonesia under the Decree
Direktur Jenderal Pembinaan Hubungan Industrial dan           of the Director General of Industrial Relations and
Jaminan      Sosial   Tenaga    Kerja   Nomor      KEP.4/     Workforce        Social        Security   No.     KEP.4/
HI.00.01/00.0000.220629007/B/VIII/2022 tanggal 16 Agustus     HI.00.01/00.0000.220629007/B/VIII/2022 dated August 16th,
2022. Manajemen KAI senantiasa melindungi dan                 2022. KAI Management continuously protects and fulfills
memenuhi hak pegawai sesuai dengan ketentuan yang             employee rights as stipulated in the PKB. All provisions,
tercantum di dalam PKB. Seluruh ketetapan, peraturan,         regulations, and remuneration applicable to KAI
dan remunerasi yang berlaku bagi pegawai KAI telah            employees comply with existing laws and policies and
sesuai peraturan dan kebijakan yang berlaku dan               are approved by all (100%) organic employees in the PKB,
disetujui oleh seluruh (100%) pegawai organik dalam PKB,      including freedom of association and a minimum notice
termasuk      kebebasan      berserikat   dan     periode     period of two weeks before employees experience
pemberitahuan minimum 2 (dua) minggu sebelum                  operational changes such as transfers
pegawai mengalami perubahan operasional seperti               [GRI 2-30, 3-3, 402-1, 407-1].
mutasi [GRI 2-30, 3-3, 402-1, 407-1]

Perekrutan Pegawai Baru dan Pergantian Karyawan               New Employee Recruitment and Employee Turnover
[GRI 3-3, 401-1]                                              [GRI 3-3, 401-1]
Guna     mendukung    aktivitas   operasional   dan           To support operational activities and organizational
pengembangan organisasi, KAI melakukan perekrutan             development, KAI conducts new employee recruitment
pegawai baru dan pergantian pegawai. Pengungkapan             and employee turnover. The disclosure of KAI's
rekrutmen dan pergantian pegawai KAI selama periode           recruitment and employee turnover during the 2023
tahun 2023 berdasarkan wilayah kerja dan usia adalah          period, based on work regions and age, is as follows:
sebagai berikut:




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Jumlah Pegawai Baru Berdasarkan Wilayah Kerja                       Number of New Employees by Work Region

                                                                    2023                           2022
                  Wilayah Kerja
                   Work Area                           Pria        Wanita              Pria      Wanita
                                                                             Total                             Total
                                                       Male        Female              Male      Female

              Balai Yasa Manggarai                       19             0     19        0           0            0

              Balai Yasa Pulubrayan                      1              0      1        0           0            0

                 Balai Yasa Tegal                        11             0     11        4           0            4

                 Balai Yasa Lahat                       27              2     29        14          0           14

              Balai Yasa Yogyakarta                     25              4     29         3          0            3

           Balai Yasa Surabaya Gubeng                    8              1      9        0           0            0

                 DAOP 1 Jakarta                         147             1     148       97          10          107

                DAOP 2 Bandung                          110             1     111       84          7           91

                 DAOP 3 Cirebon                         54              0     54        22          1           23

                DAOP 4 Semarang                         63              1     64        19          2           21

               Daop 5 Purwokerto                        58              0     58        10          1           11

               Daop 6 Yogyakarta                        79              1     80        10          7           17

                 Daop 7 Madiun                          33              0     33        9           0            9

                Daop 8 Surabaya                         102             1     103       24          4           28

                 Daop 9 Jember                           17             1     18         2          1            3

              Divre I Sumatera Utara                    92              0     92        40          1           41

             Divre II Sumatera Barat                    38              0     38        4           0            4

               Divre III Palembang                      389             0     389       379         5           383

             Divre IV Tanjungkarang                     217             1     218       199         3           202

      Gudang Persediaan / Stock Warehouse                0              0     0         0           0            0

           Kantor Pusat / Head Office                   92              44    136       27          4           31

                 LRT Jabodebek                          64              13    77        191         7           198

 Pendidikan & Latihan / Education & Training             1              2      3        0           0            0

      PT Railink - Kantor Pusat / Head Office            0              0     0         0           0            0

                 Subdivre I.1 Aceh                       0              0     0         0           0            0

                  Jumlah / Total                       1.647            73   1.720     1.138        52         1.190


Jumlah Pegawai Baru Berdasarkan Usia                                Number of New Employees Based on Age

                                                                    2023                           2022
                       Usia
                       Age                             Pria        Wanita              Pria      Wanita
                                                                             Total                             Total
                                                       Male        Female              Male      Female

                      21-30                            1.608            72   1.680     1.137        52         1.189

                      31-40                             38              1     39         2          0            2

                      41-50                              0              0     0         0           0            0

                       51-56                             1              0      1        0           0            0

                  Jumlah / Total                       1.647            73   1.720     1.138        52         1.190




                          Laporan Tahunan dan Keberlanjutan
590                                                                                    PT Kereta Api Indonesia (Persero)
                            Annual and Sustainability Report
Page 591
                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                 Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Turnover Pegawai Berdasarkan Wilayah Kerja                       Employees Turnover Based on Work Region

                                                               2023                                    2022
                 Wilayah Kerja
                  Work Area                        Pria       Wanita                     Pria         Wanita
                                                                            Total                                    Total
                                                   Male       Female                     Male         Female

                Balai Yasa Lahat                    14           1           15            7             0             7

             Balai Yasa Manggarai                   25           0           25            7             1             8

             Balai Yasa Pulubrayan                  3            0            3            4             0             4

          Balai Yasa Surabaya Gubeng                5            0            5            5             0             5

                Balai Yasa Tegal                    15           1           16            5             0             5

             Balai Yasa Yogyakarta                  14           0           14            14            0             14

                DAOP 1 Jakarta                     109           0           109          112            2             114

               DAOP 2 Bandung                       63           1           64           46             1             47

                DAOP 3 Cirebon                      41           1           42           32             1             33

               DAOP 4 Semarang                      33           2           35           30             2             32

              Daop 5 Purwokerto                     31           0           31            31            0             31

              Daop 6 Yogyakarta                     48           1           49           40             0             40

                Daop 7 Madiun                       21           0           21           24             0             24

               Daop 8 Surabaya                      51           2           53           57             3             60

                Daop 9 Jember                       16           0           16           20             0             20

             Divre I Sumatera Utara                 30           0           30           27             0             27

            Divre II Sumatera Barat                 26           0           26           22             0             22

              Divre III Palembang                   58           0           58           70             0             70

            Divre IV Tanjungkarang                  54           0           54           59             0             59

    Gudang Persediaan / Stock Warehouse             5            0            5            2             0             2

          Kantor Pusat / Head Office                37           3           40           36             7             43

                  KA Logistik                       2            1            3            2             0             2

                   KA Wisata                        5            3            8            1             0              1

                LRT Jabodebek                       2            1            3            4             0             4

  Pendidikan & Latihan / Education & Training       12           2           14            7             3             10

     PT Railink - Kantor Pusat / Head Office         1           0            1            0             0             0

                Subdivre I.1 Aceh                   0            0            0            1             0              1

                 Jumlah / Total                     721          19         740           665            20           685




                                                                Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                591
                                                                    Annual and Sustainability Report
Page 592
                                        Laporan Keberlanjutan
                                        Sustainability Report




Turnover Pegawai Berdasarkan Usia                           Employee Turnover Based on Age

                                                            2023                                  2022
                   Usia
                   Age                         Pria        Wanita                    Pria        Wanita
                                                                        Total                                  Total
                                               Male        Female                    Male        Female

                   21-30                        20              3        23           23            3           26

                   31-40                         31             3        34           46            7           53

                   41-50                        100             3        103          84            5           89

                   51-56                        587             7        594          529           5          534

               Jumlah / Total                   738             16       754          682          20          702

          Persentase / Percentage              2,76%        1,01%       2,66%        2,51%       0,07%        2,59%


Kesetaraan Kesempatan Bekerja [OJK F.18]                    Equal Employment Opportunity [OJK F.18]
KAI menjamin adanya kesetaraan kesempatan bekerja           KAI guarantees equal employment opportunities for
bagi calon pegawai. Hal tersebut dilaksanakan antara        prospective employees. This is implemented through
lain melalui Program Perekrutan Bersama BUMN Putra-         various initiatives, including the Joint Recruitment
Putri Terbaik Papua dan Papua Barat. Di samping itu,        Program for the Best Sons and Daughters of Papua and
rekrutmen KAI juga telah mengakomodasi kategori             West Papua. Additionally, KAI's recruitment process
pelamar dengan disabilitas, yaitu bersumber dari Program    accommodates applicants with disabilities through the
Perekrutan Bersama BUMN.                                    Joint Recruitment Program of State-Owned Enterprises
                                                            (SOE).

Kesetaraan kesempatan bekerja oleh KAI tidak hanya          Equal employment opportunities at KAI are not only
diberikan bagi calon pegawai, tetapi juga bagi pegawai,     provided to prospective employees but also to current
tanpa adanya diskriminasi dalam bentuk apapun. Guna         employees, ensuring no discrimination in any form. To
menjamin kesempatan bekerja diberikan secara objektif,      guarantee that employment opportunities are provided
KAI menerapkan kebijakan Job Grade dan Job Class pada       objectively, KAI applies a Job Grade and Job Class policy
proses promosi pegawai, berdasarkan Peraturan Direksi       in the employee promotion process, based on the
PT Kereta Api Indonesia (Persero) Nomor Per.U/KH.306/       Director's Regulation of PT Kereta Api Indonesia (Persero)
III/1/KA-2019 tentang Mutasi Jabatan. Job grade             Number Per.U/KH.306/III/1/KA-2019 concerning Job
mengacu pada peringkat jabatan yang ditetapkan sebagai      Transfers. Job grade refers to the job ranking established
pedoman untuk pengaturan jalur karir dan program            as a guideline for career path management and employee
pengembangan bagi pegawai. Adapun, job class                development programs. Job class represents the job
merupakan peringkat jabatan dalam suatu tingkatan           ranking within a certain level based on job dimensions,
berdasarkan dimensi pekerjaan sebagai pedoman untuk         serving as a guideline for determining employee income
penetapan penghasilan atau remunerasi pegawai.              or remuneration.

Kesempatan Bekerja bagi Masyarakat Adat atau                Employment Opportunities for Indigenous Peoples or
Komunitas Lokal                                             Local Communities
KAI menjamin bahwa proses rekrutmen yang dilakukan          KAI ensures that the recruitment process always provides
senantiasa memberikan kesempatan yang setara bagi           equal opportunities for indigenous peoples or local
masyarakat adat ataupun komunitas lokal di sekitar area     communities around the Company's operational areas.
operasi Perseroan. Hal tersebut merupakan bagian dari       This is part of KAI's commitment to contributing to the
komitmen KAI untuk berkontribusi dalam pemenuhan            fulfillment of the SDGs, particularly for the target of
SDGs, khususnya bagi target pekerjaan yang layak dan        decent work and economic growth. Additionally, providing
pertumbuhan ekonomi. Di samping itu, pemberian              employment opportunities for indigenous peoples and
kesempatan bekerja bagi masyarakat adat maupun              local communities is a manifestation of KAI's
komunitas lokal merupakan wujud komitmen KAI dalam          commitment to delivering economic benefits to the
menghadirkan manfaat ekonomi bagi masyarakat sekitar,       surrounding      communities,      who    are     important
sebagai pemangku kepentingan yang penting dan               stakeholders and directly impacted by the Company's
menerima dampak langsung dari aktivitas operasi             operational activities. KAI has identified the percentage
Perseroan. KAI sudah mengidentifikasi persentase            of employees and management from local communities
karyawan dan manajemen dari masyarakat setempat di          at each of our locations in the following table: [GRI 202-2]
setiap lokasi kami pada tahun 2023 di tabel berikut
[GRI 202-2]




                      Laporan Tahunan dan Keberlanjutan
592                                                                                  PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 593
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                       Wilayah Kerja                                  Jumlah persentase karyawan dan manajemen lokal
                          Work Area                                 Total percentage of local employees and management (%)

                      KAI Kantor Pusat                                     Karyawan: 11,61% / Employees: 11.61%
                      KAI Head Office                                    Manajemen: 23,12% / Management: 23.12%

                   Balai Yasa Manggarai                                   Karyawan: 68,45% / Employees: 68.45%
                  Manggarai Service Center                                Manajemen: 2,52% / Management: 2.52%

                      Balai Yasa Tegal                                         Karyawan: 75,1% / Employees: 75.1%
                    Tegal Service Center                                     Manajemen: 3,24% / Management: 3.24%

                    Balai Yasa Yogyakarta                                 Karyawan: 82,35% / Employees: 82.35%
                    Yogyakarta Yasa Hall                                 Manajemen: 4,60% / Management: 4.60%

                 Balai Yasa Surabaya Gubeng                                Karyawan: 59,70% / Employees: 59.70%
                 Surabaya Gubeng Yasa Hall                                Manajemen: 4,10% / Management: 4.10%

                       Balai Yasa Lahat                                       Karyawan: 73,49% / Employees: 73.49%
                                                                             Manajemen: 5,48% / Management: 5.48%

                    Balai Yasa Pulubrayan                                    Karyawan: 67,74% / Employees: 67.74%
                                                                            Manajemen: 11,83% / Management: 11.83%

                  Daerah Operasi 1 Jakarta                                   Karyawan: 65,84% / Employees: 65.84%
                  Operation Area 1 Jakarta                                   Manajemen: 3,14% / Management: 3.14%

                 Daerah Operasi 2 Bandung                                     Karyawan: 75,46% / Employees: 75.46%
                Operation District 2 Bandung                                 Manajemen: 1,84% / Management: 1.84%

                  Daerah Operasi 3 Cirebon                                   Karyawan: 72,99% / Employees: 72.99%
                  Operation Area 3 Cirebon                                   Manajemen: 1,96% / Management: 1.96%

                Daerah Operasi 4 Semarang                                     Karyawan: 78,59% / Employees: 78.59%
                Operation Area 4 Semarang                                    Manajemen: 2,35% / Management: 2.35%

                Daerah Operasi 5 Purwokerto                                  Karyawan: 80,75% / Employees: 80.75%
                Operation Area 5 Purwokerto                                  Manajemen: 1,67% / Management: 1.67%

                Daerah Operasi 6 Yogyakarta                                  Karyawan: 74,60% / Employees: 74.60%
                Operation Area 6 Yogyakarta                                  Manajemen: 1,82% / Management: 1.82%

                  Daerah Operasi 7 Madiun                                    Karyawan: 77,48% / Employees: 77.48%
                  Operation Area 7 Madiun                                    Manajemen: 1,50% / Management: 1.50%

                 Daerah Operasi 8 Surabaya                                   Karyawan: 70,24% / Employees: 70.24%
                 Operation Area 8 Surabaya                                   Manajemen: 2,15% / Management: 2.15%

                  Daerah Operasi 9 Jember                                     Karyawan: 68,97% / Employees: 68.97%
                Operational District 9 Jember                                Manajemen: 2,37% / Management: 2.37%

               Divisi Regional I Sumatera Utara                               Karyawan: 76,95% / Employees: 76.95%
              Regional Division I North Sumatra                              Manajemen: 3,97% / Management: 3.97%

                 Sub Divisi Regional I.1 Aceh                                 Karyawan: 0,00% / Employees: 0.00%
                Regional Sub Division I.1 Aceh                               Manajemen: 5,26% / Management: 5.26%

               Divisi Regional II Sumatera Barat                              Karyawan: 80,54% / Employees: 80.54%
              Regional Division II West Sumatra                              Manajemen: 2,68% / Management: 2.68%

                Divisi Regional III Palembang                                Karyawan: 66,66% / Employees: 66.66%
               Regional Division III Palembang                               Manajemen: 2,41% / Management: 2.41%

              Divisi Regional IV Tanjungkarang                                Karyawan: 66,83% / Employees: 66.83%
             Regional Division IV Tanjungkarang                              Manajemen: 1,48% / Management: 1.48%

                    Divisi LRT Jabodebek                                      Karyawan: 18,82% / Employees: 18.82%
                   Jabodebek LRT Division                                    Manajemen: 3,36% / Management: 3.36%

                         Rata-Rata                                          Karyawan: 66,74% / Employees: 66,74%
                          Average                                           Manajemen: 3,91% / Management: 3,91%




                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  593
                                                                      Annual and Sustainability Report
Page 594
                                          Laporan Keberlanjutan
                                          Sustainability Report




Kesempatan Bekerja bagi Penyandang Disabilitas                Employment Opportunities for Persons with
                                                              Disabilities
Kesempatan bekerja bagi penyandang disabilitas sebagai        Employment opportunities for persons with disabilities
bagian dari upaya menyeluruh dalam menghadirkan               are part of a comprehensive effort to provide inclusive
kesempatan bekerja yang inklusif. KAI telah memberikan        employment opportunities. KAI has provided equal
kesempatan bekerja yang setara bagi penyandang                employment opportunities for persons with disabilities.
disabilitas. Pemberian kesempatan bekerja bagi pegawai        The provision of employment opportunities for employees
penyandang disabilitas untuk periode 2023 direalisasikan      with disabilities for the 2023 period was realized based
berdasarkan Surat Keputusan Direksi PT Kereta Api             on the Director's Decree of PT Kereta Api Indonesia
Indonesia (Persero) Nomor SK.U/KH.102/VII/1/KA-2022           (Persero) Number SK.U/KH.102/VII/1/KA-2022 concerning
tentang Penetapan Kelulusan Pengadaan Pekerja                 the    Determination      of   Graduation     for    Worker
Bersumber dari Program Perekrutan Bersama BUMN                Procurement Sourced from the Joint Recruitment
Kategori Disabilitas melalui Forum Human Capital              Program of State-Owned Enterprises (SOE) Disability
Indonesia di Lingkungan PT Kereta Api Indonesia               Category through the Indonesian Human Capital Forum
(Persero). Pada 2023, Daop 1 Jakarta meraih Piagam            within PT Kereta Api Indonesia (Persero). In 2023, DAOP
Penghargaan atas Peran Memberikan Kesempatan Kerja            1 Jakarta received a Certificate of Appreciation for its Role
bagi Penyandang Disabilitas oleh Kementerian Sosial           in Providing Employment Opportunities for Persons with
Republik Indonesia.                                           Disabilities from the Ministry of Social Affairs of the
                                                              Republic of Indonesia.

Tenaga Kerja Anak dan Tenaga Kerja Paksa                      Child Labor and Forced Labor
[OJK F.19] [GRI 408-1, 409-1]                                 [OJK F.19] [GRI 408-1, 409-1]
KAI mengecam penggunaan tenaga kerja anak di                  KAI condemns the use of child labor within the Company,
lingkungan Perseroan, tercermin dari kebijakan dan            as reflected in its recruitment policy and implementation,
pelaksanaan rekrutmen sesuai Peraturan Direksi Nomor          in accordance with the Director's Regulation Number
PER.U/KH.102/ VII/1/KA2017 tanggal 14 Juli 2017               PER.U/KH.102/VII/1/KA-2017 dated July 14 th, 2017, as
sebagaimana telah beberapa kali diubah terakhir dengan        amended several times, most recently by the Director's
Peraturan Direksi Nomor PER.U/KH.102/V/1/KA-2021              Regulation Number PER.U/KH.102/V/1/KA-2021 dated
tanggal 23 September 2021. Di dalam kebijakan tersebut        September 23 rd, 2021. The policy stipulates that one of
telah disebutkan bahwa salah satu persyaratan yang            the requirements for applicants applying through the
wajib dipenuhi oleh Pelamar Pengadaan Pekerja melalui         regular recruitment channel with a high school
jalur reguler tingkat pendidikan Sekolah Menengah Atas        education level is to be at least 18 (eighteen) years old
(SMA) adalah berusia minimal 18 (delapan belas) tahun         and no more than 25 (twenty-five) years old. The
dan maksimal 25 (dua puluh lima) tahun. Penerapan             implementation of this policy ensures that KAI does not
kebijakan tersebut sekaligus merupakan jaminan bahwa          employ child labor. As of December 31 st, 2023, there have
KAI tidak mempekerjakan tenaga kerja anak. Sampai             been no incidents of child labor in the Company's
dengan 31 Desember 2023, tidak terdapat insiden               operational activities.
penggunaan tenaga kerja anak di dalam aktivitas
operasional Perseroan.

Lebih dari itu, KAI melakukan upaya pencegahan atas           Furthermore, KAI takes preventive measures against
terjadinya praktik kerja di bawah paksaan, antara lain        forced labor practices, including ensuring that
dengan menjamin pemberian cuti dan hari libur bagi            employees are granted leave and holidays in accordance
pegawai sesuai regulasi yang berlaku. Hak cuti dan hari       with applicable regulations. The leave and holidays
libur yang diberikan antara lain berupa cuti tahunan, cuti    provided include annual leave, sick leave, marriage leave,
sakit, cuti menikah, cuti melahirkan/keguguran, cuti          maternity/miscarriage leave, child baptism leave, child
membaptiskan anak, cuti menikahkan anak, cuti istri           marriage leave, spouse's maternity leave, long leave,
melahirkan, cuti besar, cuti haid, cuti keagamaan, cuti       menstrual leave, religious leave, marriage leave,
menikah, cuti mengkhitankan anak, cuti menghadiri             circumcision leave, attendance at children's graduations
wisuda anak, cuti keluarga sakit, cuti istri melahirkan/      leave, family illness leave, spouse's miscarriage leave, and
keguguran, dan cuti keluarga meninggal. Jam bekerja           family bereavement leave. Working hours are also
juga sudah berdasarkan regulasi ketenagakerjaan yang          regulated according to employment regulations outlined
diatur dalam Perjanjian Kerja Bersama (PKB), dimana           in the Collective Labor Agreement (PKB), with
karyawan bekerja 8 jam sehari atau 40 jam dalam               employees working 8 hours a day or 40 hours a week.
seminggu. Bagi karyawan purna waktu Perseroan juga            For full-time employees, the Company also includes them
mengikutsertakan seluruhnya pada program jaminan sosial       in the government social security programs for health,
pemerintah untuk kesehatan, kecelakaan, jaminan hari          accident, old-age benefits, pensions, and death.
tua serta pensiun, dan kematian. Lebih dari itu, KAI juga     Additionally, KAI is open to feedback and consultations
terbuka dengan umpan balik dan musyawarah bersama             with employees. [GRI 401-2]
pegawai. [GRI 401-2]




                       Laporan Tahunan dan Keberlanjutan
594                                                                                     PT Kereta Api Indonesia (Persero)
                         Annual and Sustainability Report
Page 595
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Kami juga berkomitmen untuk hanya bekerjasama                  We are also committed to collaborating exclusively with
dengan mitra bisnis yang memiliki prinsip dan kepedulian       business partners who share KAI's principles and concerns
yang sama dengan KAI, yaitu tidak mempekerjakan                regarding the prohibition of child labor and forced labor.
pekerja anak dan kerja di bawah paksaan. Kami                  We ensure that all (100%) of our business partners undergo
memastikan bahwa seluruh (100%) mitra usaha kami telah         rigorous social standards selection and comply with
lolos seleksi standar sosial yang tinggi dan patuh             relevant regulations and policies. Therefore, all our supply
terhadap regulasi dan kebijakan yang berlaku. Oleh             chains are free from any actual and significant negative
karenanya semua rantai pasok kami tidak memiliki               social impacts, as stated in the Board of Directors
dampak sosial negatif aktual dan signifikan sebagaimana        Regulation of PT Kereta Api Indonesia (Persero) No: PER.
yang tercantum pada Peraturan Direksi PT Kereta Api            U/KM.101/VII/1/KA-2022 on Procurement Guidelines for
Indonesia (Persero) No: PER.U/KM.101/VII/1/KA-2022             Goods     and    Services.    [GRI   2-27,   414-1,    414-2]
tentang Pedoman Pengadaan Barang dan Jasa.
[GRI 2-27, 414-1, 414-2]

Cuti Melahirkan [OJK F.20][GRI 401-3]                          Maternity Leave [OJK F.20][GRI 401-3]
Cuti melahirkan bagi pegawai KAI diberikan sebagai upaya       Maternity leave for KAI employees is provided as a
menyeluruh dalam memastikan pemenuhan hak-hak                  comprehensive effort to ensure the fulfillment of
pegawai, sesuai ketentuan perundang-undangan yang              employee rights, in accordance with applicable laws and
berlaku. KAI memberikan hak cuti melahirkan bagi               regulations. KAI grants maternity leave rights to female
seluruh pegawai perempuan dan hak cuti istri                   employees and paternity leave rights to male employees
melahirkan bagi seluruh pegawai laki-laki. Pegawai             whose wives are giving birth. Female employees who are
perempuan yang akan melahirkan mendapatkan hak cuti            about to give birth are entitled to 3 (three) months of
sejumlah 3 (tiga) bulan, sedangkan pegawai laki-laki           leave, while male employees whose wives are giving
dengan istri melahirkan mendapatkan hak cuti sejumlah          birth are entitled to 3 (three) working days of leave. The
3 (tiga) hari kerja. Pemberian cuti melahirkan bagi            provision of maternity leave for KAI employees is regulated
pegawai KAI diatur melalui Peraturan Direksi Nomor PER.        through the Director's Regulation Number PER.U/KH.201/
U/KH.201/IX/1/KA-2022 tentang Izin Tidak Masuk Bekerja         IX/1/KA-2022 concerning Leave of Absence from Work
dan/atau Tidak Melakukan Pekerjaan.                            and/or Not Performing Work.

Pada 2023, KAI memberikan hak cuti melahirkan bagi             In 2023, KAI granted maternity leave rights to 244 female
244 pegawai perempuan dan bagi 333 pegawai laki-laki           employees and paternity leave rights to 333 male
dengan istri yang melahirkan. Selama 2023 sebanyak             employees whose wives gave birth. During 2023, 100%
(100%) pegawai perempuan yang mengambil cuti                   of female employees who took 3 months of maternity
melahirkan selama 3 bulan dan pegawai laki-laki yang           leave returned to work in their original positions without
mengambil cuti karena istri melahirkan telah kembali           any discrimination.
bekerja sesuai jabatan semula tanpa adanya diskriminasi.

Kebijakan Remunerasi Pegawai [OJK F.20][GRI 2-19]              Employee Remuneration Policy [OJK F.20][GRI 2-19]
KAI menerapkan kebijakan remunerasi bagi seluruh               KAI implements a remuneration policy for all Company
pegawai Perseroan, sesuai standar pemenuhan                    employees in accordance with the standards for meeting
kebutuhan hidup serta peraturan perundang-undangan             living needs and the applicable laws and regulations
yang berlaku terkait penetapan besaran gaji pegawai.           related to employee salary determination. KAI ensures
KAI    menjamin    bahwa     seluruh    pegawai      telah     that all employees receive wages in accordance with the
mendapatkan hak pemberian upah sesuai ketentuan                Ministry of Manpower's provisions based on the city/district
Kementerian Ketenagakerjaan berdasarkan kota/                  of their operational work areas. We also ensure that there
kabupaten wilayah operasional mereka bekerja. Kami juga        is no discriminatory practice in remuneration in any
memastikan tidak adanya praktik diskriminatif pemberian        form, particularly related to employees' identity
remunerasi dalam bentuk apapun khususnya terkait               backgrounds. As such, the Company ensures that wages
latar belakang identitas pegawai. Atas hal itu, Perseroan      received by employees at the lowest levels meet or
memastikan bahwa upah yang diterima oleh pegawai               exceed the minimum wage, demonstrating KAI's
pada tingkat paling rendah telah memenuhi atau                 commitment to providing economic value to employees
melebihi besaran upah minimum, sebagai wujud                   as a significant stakeholder for the sustainability of KAI's
komitmen KAI dalam menyalurkan nilai ekonomi bagi              operations.
pegawai sebagai pemangku kepentingan yang signifikan
untuk keberlanjutan usaha KAI.




                                                              Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                              595
                                                                  Annual and Sustainability Report
Page 596
                                            Laporan Keberlanjutan
                                            Sustainability Report




Perbandingan UMP dan Imbal Jasa Pegawai Tingkat                 Comparison of Minimum Wage and Lowest
Terendah [GRI 3-3, 202-1, 405-2]                                Employee Compensation [GRI 3-3, 202-1, 405-2]

                                                                                      Imbal Jasa
                                                                                        Pegawai
           Unit                                                 Upah Minimum            Tingkat
          Usaha                  Provinsi/Daerah                    Provinsi           Terendah              Rasio
  No
         Business                Province/Region                   Provincial      (Dalam Rupiah)         Pencapaian
           Unit                                                 Minimum Wage         Lowest Level
                                                                                   Employee Salary
                                                                                      (In Rupiah)

   1      Daop 1      Kota Jakarta / Jakarta City                   4.901.798          5.536.351            112,95 %

   2      Daop 2      Kota Bandung / Bandung City                   4.048.462          5.019.375            123,98 %

   3      Daop 3      Kota Cirebon / Cirebon City                   2.456.516          5.048.229           205,50 %

  4       Daop 4      Kota Semarang / Semarang City                 3.060.348          5.019.375            164,01 %

   5      Daop 5      Kab. Banyumas / Banyumas Regency              2.118.123          5.048.229           238,34 %

  6       Daop 6      Kota Yogyakarta / Yogyakarta City             1.981.782          5.009.375            252,77 %

  7       Daop 7      Kota Madiun / Madiun City                     2.138.107          5.019.375           234,76 %

  8       Daop 8      Kota Surabaya / Surabaya City                 4.525.479          5.048.229            111,55 %

  9       Daop 9      Kab. Jember / Jember Regency                  2.555.662          5.030.881            196,85 %

  10       Divre I    Kota Medan / Medan City                       3.624.117          5.048.229            139,30 %

  11      Divre II    Kota Padang / Padang City                     2.742.476          5.048.229           184,08 %

  12      Divre III   Kota Palembang / Palembang City               3.500.000          5.048.229            144,24 %

                      Kota Bandar Lampung / Bandar
  13      Divre IV                                                  2.633.284          5.048.229            191,71 %
                      Lampung City


Pemenuhan Kesejahteraan Pegawai setelah                         Employee Welfare After the End of Employment
Berakhirnya Masa Kerja                                          Period
Kami menghargai pengabdian dan dedikasi pegawai kami            We appreciate the dedication and service of our employees
yang telah bekerja dan berkontribusi terhadap kemajuan          who have contributed to the progress and sustainability
dan keberlanjutan bisnis KAI dalam jangka waktu yang            of KAI's business over a long period. Therefore, KAI is
lama. Maka dari itu, KAI memiliki komitmen untuk                committed to ensuring comprehensive employee welfare
memenuhi kesejahteraan pegawai secara menyeluruh                even after the end of their employment period. In addition
hingga setelah berakhirnya masa kerja. Selain                   to the mandatory government old-age and pension
mengikutsertakan jaminan sosial hari tua dan pensiun            social security, the Company will conduct retirement
wajib pemerintah, Perseroan melakukan sosialisasi               preparation socialization for all (100%) employees with a
persiapan pensiun kepada seluruh (100%) pegawai                 work period of 3 months before reaching retirement age.
dengan masa kerja 3 bulan sebelum memasuki usia                 We hope that our former employees can enjoy a quality
pensiun. Kami berharap pegawai kami dapat menikmati             retirement with the benefits received in accordance with
masa pensiun yang berkualitas dengan manfaat-manfaat            the Director's Regulation Number PER.U/KH.401/I/2/KA-
yang diterima sesuai Peraturan Direksi Nomor PER.U/             2023 concerning Income for Employees with Indefinite
KH.401/I/2/KA-2023      tentang  Penghasilan    Pekerja         Work Agreements [GRI 201-3, 3-3, 404-1, 404-2].
Perjanjian Kerja Waktu Tidak Tertentu
GRI 201-3, 3-3, 404-1, 404-2]

Lingkungan Bekerja yang Layak dan Aman                          Decent and Safe Working Environment
[OJK F.21]                                                      [OJK F.21]
KAI menjamin tersedianya lingkungan bekerja yang layak          KAI guarantees the availability of a decent and safe
dan aman bagi seluruh pegawai. Aspek kenyamanan                 working environment for all employees. Employee comfort
pegawai di tempat kerja merupakan salah satu perhatian          in the workplace is one of KAI management's concerns.
manajemen KAI. Perseroan menyediakan fasilitas kerja            The Company provides adequate working facilities for
yang layak bagi pegawai dengan menyediakan fasilitas-           employees, including comfortable, clean, and safe
fasilitas yang nyaman, bersih, dan aman, berupa ruang           facilities such as workspaces, toilets, and dining areas.
kerja, toilet, dan ruang makan. KAI juga menyediakan            KAI also provides other facilities for employees, such as
fasilitas lain bagi pegawai, berupa tempat ibadah, kantin,      places of worship, canteens, pantries, green open spaces,
pantry, area terbuka hijau, serta tempat parkir yang luas.      and spacious parking areas. The buildings are equipped




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Gedung sudah memiliki alat deteksi asap serta fasilitas         with smoke detectors and integrated waste disposal
pembuangan sampah yang terintegrasi. KAI menjaga                facilities. KAI maintains office cleanliness on a scheduled
kebersihan kantor secara terjadwal melalui penugasan            basis through the assignment of cleaning service, who
cleaning service, yang bertugas mengelola kebersihan            manage the cleanliness of work areas daily, both indoors
area kerja setiap harinya baik di dalam maupun luar             and outdoors.
ruangan.

Sebagai penanggulangan sejak pandemi COVID-19, KAI              As a response to the COVID-19 pandemic, KAI provides
menyediakan sejumlah fasilitas kebersihan dan kesehatan         additional hygiene and health facilities, including hand
tambahan, meliputi tempat cuci tangan, alat pengukur            washing stations, temperature measuring devices,
suhu, disinfectant, hand sanitizer, serta membagikan            disinfectants, hand sanitizers, and standard masks for
masker sesuai standar bagi pegawai. Penyediaan fasilitas-       employees. These facilities are expected to prevent the
fasilitas tersebut     diharapkan      dapat      mencegah      spread of the virus in the work area. Additionally, in
penyebaran virus di area kerja. Seiring hal itu, pada ruang-    certain areas where crowds may occur, KAI provides
ruang tertentu yang berpotensi terjadi keramaian, KAI           distance markers or instructions to avoid dense and
memberikan tanda atau instruksi jaga jarak guna                 prolonged gatherings.
menghindari terjadinya kerumunan yang padat dan terlalu
lama.

KAI memastikan karyawan dan keluarganya dapat                   KAI ensures that employees and their families can access
mengakses fasilitas kesehatan yang berkualitas, yaitu Klinik    quality health facilities, namely Mediska Clinics.
Mediska. Lebih dari itu, KAI menyediakan sarana dan             Furthermore, KAI provides sports Rolling Stock and
prasarana olahraga bagi pegawai pada kantor pusat dan           infrastructure for employees at the head office and
daerah yang sekaligus dimanfaatkan sebagai sarana               regional offices, which are also used to achieve corporate
pencapaian prestasi olahraga perusahaan. KAI juga               sports achievements. KAI also offers arts and religious
memberikan fasilitas kesenian dan keagamaan bagi                Rolling Stock for employees, especially at the head office.
pegawai, khususnya di kantor pusat.

Seluruh fasilitas yang layak, aman, bersih, dan sehat juga      All facilities are well-maintained, safe, clean, and healthy,
lebih lengkap dengan suasana kerja yang inklusif dan            complemented by an inclusive and non-discriminatory
tanpa diskriminasi. Manajemen KAI secara terus-                 work environment. KAI Management continuously
menerus melakukan sosialisasi kepada seluruh karyawan           communicates with all employees to create a
untuk menciptakan lingkungan kerja bebas diskriminasi           discrimination-free work environment as outlined in the
sebagaimana Surat Edaran Direksi PT Kereta Api                  Director's Circular of PT Kereta Api Indonesia (Persero)
Indonesia (Persero) Nomor : SE.U/KL.403/VII/1/KA-2022           Number: SE.U/KL.403/VII/1/KA-2022 concerning the
tentang Kebijakan Berperilaku Saling Menghargai di              Respectful Workplace Policy. All workers are required to
Tempat         Kerja.     Seluruh       pekerja       wajib     implement the principles of the Respectful Workplace
mengimplementasikan          prinsip-prinsip    Respectful      Policy, such as acknowledging and respecting diverse
Workplace Policy seperti mengakui dan menghargai                differences including ethnic background, race, nationality,
perbedaan yang beragam dengan berbagai macam latar              skin color, age, religion, gender, disability, viewpoints, or
belakang etnis, ras, kebangsaan, warna kulit, usia, agama,      other individual characteristics. This aims to create and
jenis kelamin, disabilitas, sudut pandang, atau                 build a respectful work environment free from
karakteristik    individu   lainnya.   Sehingga,     dapat      discrimination, violence, and harassment in any form. As
menciptakan dan membangun lingkungan kerja yang                 of the end of December 2023, there have been no reported
saling menghargai dan tidak melakukan diskriminasi,             incidents of discrimination in any form towards
kekerasan, dan pelecehan dalam bentuk apapun. Hingga            employees, customers, or partners within the Company.
akhir Desember 2023, tidak terjadi kejadian diskriminasi        [GRI 3-3, 406-1]
dalam bentuk apapun kepada pegawai maupun
pelanggan dan mitra di ruang lingkup Perseroan.
[GRI 3-3, 406-1]

Komunitas Perempuan                                             Women's Community
Demi mendukung kesetaraan gender, Persatuan Istri               To support gender equality, the Association of Wives of
Karyawan dan Karyawati Kereta Api (PIKKA) didirikan             Employees and Female Employees of the Railway (PIKKA)
sebagai wadah meningkatkan kemampuan dan                        was established as a platform to enhance the skills and
kepemimpinan pemangku kepentingan perempuan.                    leadership of female stakeholders. The appointment of
Penetapan kepengurusan PIKKA Pusat dilaksanakan                 the central PIKKA management was made through the
melalui Surat Keputusan Ketua Umum Persatuan Istri              Decree of the Chairperson of the Association of Wives of
Karyawan dan Karyawati Kereta Api Nomor 003/PIKKA-              Employees and Female Employees of the Railway Number
P/SKEP/I/2023 tentang Pengangkatan Pengurus PIKKA               003/PIKKA-P/SKEP/I/2023 concerning the Appointment
Pusat. Perseroan percaya bahwa kesetaraan hak dan               of Central PIKKA Management. The Company believes
kesempatan bagi perempuan akan memberikan dampak                that equal rights and opportunities for women will have




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yang berkelanjutan bagi persepsi dan keputusan bisnis        a sustainable impact on the Company's business
Perseroan. Kami menjadi Best Workplaces for Women            perceptions and decisions. We were awarded Best
2023 in Preventing Sexual Harassment kategori                Workplaces for Women 2023 in Preventing Sexual
Transportation Industry pada acara Indonesian Best           Harassment in the Transportation Industry category at
Workplace for Woman Awards 2023 oleh HerStory                the Indonesian Best Workplace for Woman Awards 2023
Indonesia                                                    by HerStory Indonesia.

Keselamatan dan Kesehatan Kerja [GRI 3-3, 403]               Occupational Health and Safety [GRI 3-3, 403]
Keselamatan dan kesehatan kerja merupakan prioritas          Occupational health and safety are top priorities in the
utama dalam industri perkeretaapian karena tingginya         railway industry due to the high risk of workplace
risiko kecelakaan kerja yang dapat menyebabkan cedera        accidents that can cause serious injury or death. A safe
serius atau kematian. Lingkungan kerja yang aman dan         and healthy work environment not only protects
sehat tidak hanya melindungi karyawan, tetapi juga           employees but also enhances productivity and morale.
meningkatkan produktivitas dan moral kerja. KAI memiliki     KAI is strongly committed to continuously maintaining
komitmen yang kuat untuk senantiasa menjaga serta            and improving the quality of occupational health and
meningkatkan kualitas keselamatan dan kesehatan kerja        safety for all (100%) employees, both permanent and
bagi seluruh (100%) pekerja baik tetap maupun mitra.         partners. KAI implements standards that ensure the
KAI     menerapkan      standarisasi  yang   menjamin        fulfillment of safety, health, and security in the work
terpenuhinya keselamatan, kesehatan, dan keamanan            environment according to the Company's Standard
di lingkungan kerja sesuai Standar Operasional               Operating Procedures (SOP). This is reflected through
Perusahaan (SOP). Hal tersebut tercermin melalui             the implementation of promotive and preventive
penerapan program promotive dan preventive kepada            programs for workers, such as annual medical check-ups,
pekerja berupa medical check up tahunan, pemeriksaan         fitness checks for workers, pre-service examinations for
kebugaran      pekerja,    pemeriksaan   awak    sarana      railway personnel, and socialization related to disease
perkeretaapian sebelum berdinas, dan sosialisasi isu         and/or health issues for workers and their families, as well
penyakit dan/atau kesehatan untuk pekerja dan keluarga       as the strict implementation of health protocols for both
pekerja, serta penerapan protokol kesehatan yang ketat,      employees and passengers to prevent the spread of
baik bagi pekerja maupun penumpang, sebagai upaya            infectious diseases in operational areas. [GRI 403-8]
KAI dalam mencegah penyebaran penyakit menular di
area operasional. [GRI 403-8]

Sebagai wujud komitmen dalam meningkatkan                    As a commitment to improving employee health, KAI has
kesehatan pekerja, KAI memiliki fasilitas kesehatan          health facilities in the form of Mediska Clinics that provide
berupa Klinik Mediska yang memberikan layanan                health services for employees, their families, and the
kesehatan bagi pekerja, keluarga pekerja, dan masyarakat.    community. The provision of these health facilities is
Pemberian fasilitas kesehatan tersebut diatur melalui        regulated through the Director's Regulation of PT Kereta
Peraturan Direksi PT Kereta Api Indonesia (Persero) Nomor    Api Indonesia (Persero) Number PER.A/KL.104/I/1/KA-2019
PER.A/KL.104/I/1/KA-2019 tentang Standardisasi Minimum       concerning Minimum Standardization of Mediska Clinic
Fasilitas Klinik Mediska. Per 31 Desember 2023, terdapat     Facilities. As of December 31st, 2023, there are 54 Mediska
54 Klinik Mediska yang dikelola KAI yang tersebar di         Clinics managed by KAI spread across all KAI operational
seluruh wilayah operasional KAI. Di samping itu, KAI         areas. In addition, KAI provides health insurance for
memberikan jaminan kesehatan bagi pekerja, keluarga          employees, their families, and prospective employees,
pekerja, hingga calon pekerja, yang diatur melalui           which is regulated through the Director's Regulation of
Peraturan Direksi PT Kereta Api Indonesia (Persero) Nomor    PT Kereta Api Indonesia (Persero) Number PER.U/KH.405/
PER.U/KH.405/XI/1/KA-2020 tentang Jaminan Kesehatan.         XI/1/KA-2020 concerning Health Insurance. Referring to
Dengan mengacu pada Peraturan Direksi PT Kereta Api          the Director's Regulation of PT Kereta Api Indonesia
Indonesia (Persero) Nomor PER.U/KI.103/I/ l/KA-2021          (Persero) Number PER.U/KI.103/I/1/KA-2021 dated January
tanggal 19 Januari 2021 Tentang Standar Stasiun, setiap      19th, 2021, concerning Station Standards, each station has
stasiun memiliki Fasilitas Pos Kesehatan atau P3K untuk      a Health Post or First Aid (P3K) facility for first aid in
penanganan pertama pada kecelakaan dan insiden gawat         accidents and emergency incidents that occur to
darurat yang terjadi pada penumpang maupun pekerja           passengers or employees 24 hours a day. [GRI 403-3]
selama 24 jam. [GRI 403-3]

Seluruh aktivitas pelayanan kesehatan kerja KAI              All occupational health services activities at KAI are carried
dilaksanakan di bawah tanggung jawab Vice President          out under the responsibility of the Vice President of
Health, sebagai unit khusus yang memastikan layanan          Health, as a special unit that ensures occupational health
kesehatan kerja dilaksanakan secara optimal, yaitu           services are optimally implemented, through good policy
dengan perencanaan dan koordinasi pelaksanaan                planning and coordination, the establishment of norms
kebijakan yang baik, melalui penyusunan norma serta          and reference standards, the determination and
standar acuan, penetapan serta penerapan prosedur,           implementation of procedures, and the provision of
hingga pemberian bimbingan serta supervisi bagi pihak        guidance and supervision for the implementing parties.
pelaksana. KAI secara berkala melakukan penanganan           KAI periodically conducts systematic, directed, and




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yang sistematis, terarah, dan terukur terhadap kejadian        measurable handling of extraordinary events such as health
luar biasa seperti adanya ancaman kesehatan akibat             threats due to infectious diseases, outbreaks, epidemics,
penyakit menular, wabah, epidemi, dan/atau pandemi             and/or pandemics by planning, coordinating, and
dengan cara membuat perencanaan, berkoordinasi dan             collaborating with related parties, as well as monitoring
berkolaborasi dengan pihak terkait, serta memantau dan         and evaluating.
melakukan evaluasi.

Sistem Manajemen Keselamatan dan Kesehatan                     Occupational Health and Safety Management
Kerja [GRI 403-1]                                              System [GRI 403-1]
Sejak tahun 2020, KAI menerapkan Sistem Manajemen              Since 2020, KAI has implemented the Railway Safety
Keselamatan Perkeretaapian (SMKP) yang mengacu pada:           Management System (SMKP) which refers to:
   a. Peraturan Pemerintah Nomor 50 tahun 2012 tentang            a. Government Regulation Number 50 of 2012
      Sistem Manajemen Keselamatan dan Kesehatan                     concerning the Implementation of Occupational
      Kerja; dan                                                     Health and Safety Management Systems; and
   b. Peraturan Menteri Perhubungan Nomor PM 69                   b. Minister of Transportation Regulation Number PM
      Tahun     2018    tentang   Sistem     Manajemen               69 of 2018 concerning the Railway Safety
      Keselamatan Perkeretaapian. Sesuai dengan                      Management System. In accordance with the
      Peraturan Direksi Nomor PER.U/KS.102/ III/1/KA-2020,           Director's Regulation Number PER.U/KS.102/III/1/KA-
      SMKP wajib diterapkan secara berkelanjutan pada                2020, SMKP must be continuously implemented in
      setiap satuan organisasi di Kantor Pusat dan                   every organizational unit at the Head Office and
      Daerah. Ruang lingkup penerapan SMKP meliputi                  Regional Offices. The scope of SMKP implementation
      keselamatan perkeretaapian serta keselamatan dan               includes railway safety as well as occupational
      kesehatan kerja yang berlaku di seluruh lini bisnis            health and safety applicable across all KAI business
      KAI. Untuk mengevaluasi penerapan SMKP, KAI                    lines. To evaluate the implementation of SMKP, KAI
      melakukan audit internal SMKP sesuai Peraturan                 conducts internal SMKP audits in accordance with
      Direksi Nomor PER.S/KS.102/IV/32/KA-2020 tentang               the Director's Regulation Number PER.S/KS.102/IV/
      Prosedur Audit Internal dalam Sistem Manajemen                 32/KA-2020 concerning Internal Audit Procedures
      Keselamatan Perkeretaapian yang telah dilakukan                in the Railway Safety Management System, which
      oleh Direktorat Keselamatan dan Keamanan pada                  was carried out by the Directorate of Safety and
      tahun 2023.                                                    Security in 2023.

Di samping itu, KAI memastikan sertifikasi Sistem              Additionally, KAI ensures that the Occupational Health
Manajemen Keselamatan dan Kesehatan Kerja yang                 and Safety Management System certification complies
dimiliki telah sesuai dengan Peraturan Pemerintah Nomor        with Government Regulation Number 50 of 2012. For the
50 tahun 2012. Untuk tahun 2023, terdapat 3 (tiga) Balai       year 2023, three Balai Yasa have received gold flags for
Yasa yang telah mendapatkan bendera emas dalam                 achieving SMK3 implementation from the Ministry of
pencapaian penerapan SMK3 dari Kementerian                     Manpower.
Ketenagakerjaan.

KAI juga menerapkan serta mendapat sertifikasi ISO 45001       KAI also implements and has received ISO 45001
(Sistem Manajemen Kesehatan dan Keselamatan kerja)             (Occupational Health and Safety Management System)
di 3 (tiga) lokasi. KAI juga memastikan SMKP telah             certification at three locations. KAI ensures that SMKP
diterapkan secara inklusif, yaitu dengan melibatkan            is implemented inclusively, involving employee
perwakilan pekerja sebagai bagian dari panitia pengelola       representatives as part of the SMKP management
SMKP.                                                          committee.

KAI mendapat 4 penghargaan dalam bidang keselamatan            KAI received four awards in the field of occupational health
dan kesehatan kerja sebagai berikut pada The Health,           and safety at the Health, Safety, and Environment (HSE)
Safety, and Environment (HSE) Indonesia Award 2023             Indonesia Award 2023 organized by HSE Magazine:
yang diselenggarakan oleh Majalah HSE :
  1. The    Best   Project    Concerned  HSE    2023              1. The    Best   Project    Concerned   HSE   2023
     (Transportation Service)                                        (Transportation Service)
  2. The Greatest Champion of HSE Excellence of The               2. The Greatest Champion of HSE Excellence of The
     Year 2023 (Transportation Service)                              Year 2023 (Transportation Service)
  3. The Best CEO for HSE Corporate Excellence of The             3. The Best CEO for HSE Corporate Excellence of The
     Year 2023 (Transportation Service)                              Year 2023 (Transportation Service)
  4. The Best HSE Director of The Year 2023                       4. The Best HSE Director of The Year 2023
     (Transportation Service)                                        (Transportation Service)




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Penghargaan tersebut diberikan untuk mengapresiasi           These awards were given to appreciate the proper and
penerapan aspek keselamatan dan kesehatan kerja (K3)         sustainable implementation of occupational health and
dengan baik dan benar serta berkelanjutan dalam rangka       safety (K3) aspects in support of national K3
mendukung kemajuan K3 nasional.                              advancement.

Selain penerapan Sistem Manajemen Keselamatan                In addition to the implementation of the Railway Safety
Perkeretaapian, Perusahaan juga telah menerapkan             Management System, the Company has also implemented
Sistem Manajemen Lingkungan yang mengacu pada ISO            an Environmental Management System that refers to ISO
14001:2015 dimana di dalamnya memasukkan isu                 14001:2015, which includes external issues related to
eksternal terkait lingkungan yang ada di sekitar             social issues around the Company starting in 2019
Perusahaan mulai tahun 2019 secara bertahap pada Unit        gradually at Technical Implementation Units in the
Pelaksana Teknis di daerah, yaitu :                          regions, namely:
   1. Sertifkasi ISO 14001:2015 melalui Badan Sertifikasi       1. ISO 14001:2015 certification through Sucofindo
      Sucofindo di Balai Yasa Mekanik Cirebonprujakan              Certification at Balai Yasa Mekanik Cirebon Prujakan
      pada Tahun 2019.                                             in 2019,
   2. Sertifkasi ISO 14001:2015 melalui Badan Sertifikasi       2. ISO 14001:2015 certification through Sucofindo
      Sucofindo di Balai Yasa Yogyakarta pada Tahun 2020.          Certification at Balai Yasa Yogyakarta in 2020,
   3. Sertifkasi ISO 14001:2015 melalui Badan Sertifikasi       3. ISO 14001:2015 certification through Sucofindo
      Sucofindo di Dipo Lokomotif pada Taf Cirebon Tahun           Certification at Dipo Lokomotif Cirebon in 2022, and
      2022.
   4. Sertifkasi ISO 14001:2015 melalui Badan Sertifikasi        4. ISO 14001:2015 certification through Sucofindo
      Sucofindo di Balai Yasa Tegal pada Tahun 2023                 Certification at Balai Yasa Tegal in 2023.

Serta selanjutnya KAI akan bertahap untuk implementasi       Furthermore, KAI gradually implement and certify ISO
maupun sertifikasi ISO 14001:2015 di UPT lainnya sebagai     14001:2015 at other UPTs as a form of management's
bentuk komitmen manajemen dalam perlindungan                 commitment to environmental protection.
lingkungan hidup.

Penanggulangan Keadaan Darurat dan Kecelakaan                Emergency and Major Accident Response in the
Besar pada Lingkungan Kerja                                  Workplace
KAI menerapkan kebijakan penanggulangan keadaan              KAI implements policies for responding to emergencies
darurat dan kecelakaan besar yang terjadi di lingkungan      and major accidents that occur in the workplace. Initial
kerja. Penanganan awal pada kejadian kecelakaan              handling of accident incidents refers to the Director's
mengacu pada Instruksi Direksi Nomor 13/KP.501/KA-2012       Instruction Number 13/KP.501/KA-2012 concerning First
tentang Pertolongan Pertama Pada Kecelakaan (P3K) di         Aid in Accidents (P3K) in the Workplace of PT Kereta Api
Lingkungan Kerja PT Kereta Api Indonesia (Persero).          Indonesia (Persero). Specifically, the P3K policy in the KAI
Secara spesifik, kebijakan P3K di lingkungan KAI telah       environment regulates matters related to (1) P3K officers
mengatur hal-hal terkait (1) petugas P3K di tempat kerja     in the workplace and (2) P3K facilities in the workplace,
serta (2) fasilitas P3K di tempat kerja, mencakup            including the requirements for P3K rooms and kits.
persyaratan ruang dan kotak P3K.

Penanganan keadaan darurat dan kecelakaan besar di           Emergency and major accident response at KAI is carried
KAI dilaksanakan sesuai dengan Keputusan Direksi PT          out in accordance with the Director's Decree of PT Kereta
Kereta Api Indonesia (Persero) Nomor KEP.U/LL.507/VII/       Api Indonesia (Persero) Number KEP.U/LL.507/VII/2/KA-
2/KA-2015 tentang Standar Operasional Prosedur               2015 concerning Standard Operating Procedures for
Penanganan Kondisi Darurat di Wilayah Stasiun, Depo,         Emergency Handling in Station Areas, Depots, Balai Yasa,
Balai Yasa dan Dalam Perjalanan Kereta Api serta             and During Train Journeys, as well as the Director's
Peraturan Direksi PT Kereta Api Indonesia (Persero) Nomor    Regulation of PT Kereta Api Indonesia (Persero) Number
PER.U/KT.204/XII/1/KA-2018 tentang Standar Operasional       PER.U/KT.204/XII/1/KA-2018      concerning      Standard
Prosedur Tanggap Darurat Gangguan Operasional Kereta         Operating Procedures for Emergency Response to Train
Api. Lebih dari itu, sebagai bagian dari penanggulangan      Operational Disruptions. Furthermore, as part of the
keadaan darurat dan kecelakaan besar pada lingkungan         emergency and major accident response in the
kerja, KAI menerapkan upaya pencegahan dan                   workplace, KAI implements fire prevention and response
penanggulangan kebakaran di Balai Yasa Sarana, Balai         efforts at Balai Yasa Sarana, Balai Yasa Prasarana, Dipo
Yasa Prasarana, Dipo Sarana, Dipo Prasarana, dan Stasiun     Sarana, Dipo Prasarana, and Stations based on the
berdasarkan Keputusan Direksi PT Kereta Api Indonesia        Director's Decree of PT Kereta Api Indonesia (Persero)
(Persero) Nomor KEP.U/ KS.101/XII/2/KA-2016.                 Number KEP.U/KS.101/XII/2/KA-2016.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Induksi Keselamatan kepada Pihak Internal maupun               Safety Induction for Internal and External Parties
Eksternal
KAI menerapkan induksi keselamatan sebagai kegiatan            KAI implements safety induction as an activity to
untuk mengkomunikasikan informasi Keselamatan                  communicate Railway Safety and Occupational Health
Perkeretaapian serta Keselamatan dan Kesehatan Kerja           and Safety information to all human resources, guests,
kepada seluruh SDM, tamu, kontraktor, pengguna jasa,           contractors, service users, suppliers, and other
pemasok, dan pemangku kepentingan lain. Penerapan              stakeholders. The implementation of this safety induction
induksi keselamatan tersebut diatur melalui Peraturan          is regulated through the Director's Regulation of PT
Direksi PT Kereta Api Indonesia (Persero) Nomor PER-S/         Kereta Api Indonesia (Persero) Number PER-S/KS.102/IV/
KS.102/IV/26/KA-2020     tentang    Prosedur   Induksi         26/KA-2020 concerning Safety Induction Procedures in
Keselamatan dalam Sistem Manajemen Keselamatan                 the Railway Safety Management System.
Perkeretaapian.

Sesuai prosedur induksi keselamatan tersebut, materi           According to these safety induction procedures, the
yang diberikan pada kegiatan induksi mencakup hal-hal          material provided in the induction activities includes the
sebagai berikut:                                               following:
  a. Kebijakan keselamatan perkeretaapian serta                   a. The Company's railway safety and occupational
     keselamatan dan kesehatan kerja Perusahaan;                     health and safety policies;
  b. Bahaya dan insiden yang mungkin ditimbulkan dari             b. Hazards and incidents that may arise from railway
     kegiatan operasional perkeretaapian dan proses                  operational activities and the work processes of KAI's
     kerja SDM KAI;                                                  human resources;
  c. Peran dan tanggung jawab SDM KAI, tamu,                      c. The roles and responsibilities of KAI's human
     kontraktor, pengguna jasa, pemasok, dan                         resources, guests, contractors, service users,
     pemangku kepentingan lainnya di dalam                           suppliers, and other stakeholders in implementing
     menerapkan Sistem Manajemen Keselamatan                         the Railway Safety Management System and
     Perkeretaapian dan mengendalikan bahaya;                        controlling hazards;
  d. Persyaratan keselamatan perkeretaapian serta                 d. Railway safety and occupational health and safety
     keselamatan dan kesehatan kerja yang harus                      requirements that must be adhered to by KAI's
     dipatuhi oleh SDM KAI, tamu, kontraktor, pengguna               human resources, guests, contractors, service users,
     jasa, pemasok, dan pemangku kepentingan                         suppliers, and other stakeholders, such as signs that
     lainnya, seperti tanda/rambu yang harus dipatuhi,               must be followed, personal protective equipment
     alat pelindung diri yang harus dikenakan, area kerja            that must be worn, work areas that must not be
     yang tidak boleh dimasuki, dan lain-lain;                       entered, and others;
  e. Cara melaporkan jika ada bahaya, tindakan tidak              e. How to report hazards, unsafe actions, unsafe
     aman, kondisi tidak aman, insiden dan/atau keadaan              conditions, incidents, and/or emergencies;
     darurat;
  f. Prosedur atau rencana tanggap darurat, seperti cara          f. Emergency procedures or plans, such as how to
     menyelamatkan diri, sarana jalan keluar dan evakuasi,           evacuate, exit routes and evacuation, emergency
     titik kumpul dalam keadaan darurat, jenis alarm                 assembly points, types of alarms to be recognized
     yang perlu diketahui (audible dan/atau visual),                 (audible and/or visual), instructions to be followed,
     instruksi yang harus dipatuhi, serta apa yang boleh             and what to do and not to do during an emergency;
     dan tidak boleh dilakukan ketika terjadi keadaan
     darurat;
  g. Fasilitas yang disediakan oleh Perusahaan serta              g. Facilities provided by the Company and their
     lokasinya, seperti kamar mandi, ruang ibu                       locations, such as bathrooms, nursing rooms, first
     menyusui, kotak P3K, klinik atau layanan kesehatan,             aid kits, clinics or health services, fire detection and
     sistem deteksi dan alarm kebakaran, alat pemadam                alarm systems, fire extinguishers, places of worship,
     api ringan, fasilitas ibadah, dan fasilitas lain yang           and other facilities deemed necessary to be known;
     dianggap perlu untuk diketahui; dan                             and
  h. Imbauan penyampaian saran, umpan balik, dan                  h. Encouragement to provide suggestions, feedback,
     keluhan mengenai keselamatan perkeretaapian                     and complaints regarding railway safety and
     serta keselamatan dan kesehatan kerja.                          occupational health and safety.

Pengungkapan Praktik Pelanggaran Ketentuan                     Disclosure of Labor Regulation Violations by Supplier
Ketenagakerjaan pada Karyawan pada Pihak Pemasok               Employees
KAI melakukan identifikasi terhadap praktik pelanggaran        KAI identified practices of labor regulation violations
ketentuan ketenagakerjaan pada karyawan pihak                  among supplier employees used in 2023. Based on the
pemasok yang digunakan pada 2023. Berdasarkan hasil            results of this identification, no violations of labor
identifikasi tersebut, tidak ditemukan adanya praktik          regulations were found to have been committed by KAI's
pelanggaran terhadap ketentuan ketenagakerjaan yang            suppliers or partners.
dilakukan pihak pemasok atau mitra kerja KAI.




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Daftar Pihak Pemasok Berdasarkan Klasifikasi Tingkat         List of Suppliers Based on Job Risk Classification
Sampai dengan 2023, KAI belum melakukan klasifikasi          As of 2023, KAI has not classified suppliers based on job
terhadap pihak pemasok berdasarkan tingkat risiko            risk levels. Therefore, information regarding the list of
pekerjaan. Dengan demikian, informasi mengenai daftar        suppliers based on this classification is not available to
pihak pemasok berdasarkan klasifikasi tersebut tidak         be disclosed in this section.
tersedia untuk diungkapkan pada bagian ini.

Pengidentifikasian Bahaya, Penilaian Risiko, dan             Hazard Identification, Risk Assessment, and Incident
Investigasi Insiden [GRI 403-2]                              Investigation [GRI 403-2]
KAI menerapkan proses Identifikasi Bahaya, Penilaian dan     KAI implements the Hazard Identification, Risk
Pengendalian Risiko Keselamatan (IBPR) sebagai upaya         Assessment, and Safety Risk Control (IBPR) process as a
preventif untuk memitigasi risiko kecelakaan kereta api,     preventive measure to mitigate the risks of train accidents,
kecelakaan kerja, penyakit akibat kerja dan pencemaran       workplace accidents, occupational diseases, and
lingkungan hidup. Seluruh Kepala Unit Pelaksana Teknis       environmental pollution. All Heads of Technical
(UPT) di tingkat Daerah diwajibkan melakukan proses          Implementation Units (UPT) at the regional level are
IBPR, untuk selanjutnya diperiksa oleh Quality Controller    required to carry out the IBPR process, which is then
sebelum disetujui oleh Manajer unit terkait. Penerapan       reviewed by the Quality Controller before being approved
IBPR ini telah dilaksanakan sesuai ketentuan yang ada        by the relevant unit Manager. The implementation of IBPR
dalam SMKP.                                                  is carried out in accordance with the provisions in the
                                                             SMKP.

Secara lebih lanjut, bahaya yang telah diidentifikasi        Furthermore, identified hazards are assessed for their
kemudian dinilai risikonya dan ditetapkan jenis              risks and the type of risk control is determined based on
pengendalian       risikonya     berdasarkan     hierarki    the safety risk control hierarchy, which includes
pengendalian risiko keselamatan, yang mencakup               elimination,    substitution,     engineering     controls,
eliminasi, substitusi, rekayasa teknik, administrasi, dan    administrative controls, and personal protective
alat pelindung diri. IBPR yang telah disetujui oleh          equipment. IBPRs approved by the Manager or Senior
Manager atau Senior Manager unit terkait akan dibahas        Manager of the relevant unit are discussed in the Regional
di dalam Rapat Komite Keselamatan Tingkat Daerah yang        Safety Committee Meetings held monthly, with the results
dilaksanakan secara rutin setiap bulan, yang hasilnya        sent to the Directorate of Safety and Security.
dikirim kepada Direktorat Keselamatan dan Keamanan.

Unit Safety Kantor Pusat secara berkala melakukan            The Central Office Safety Unit periodically evaluates the
evaluasi terkait dengan pelaksanaan proses IBPR yang         implementation of the IBPR process at KAI. Through
berjalan di KAI. Melalui evaluasi tersebut, diambil          these evaluations, strategic decisions are made that can
keputusan-keputusan strategis yang dapat digunakan           be used in safety risk mitigation efforts or improvements
dalam upaya mitigasi risiko keselamatan ataupun              to the ongoing IBPR process. Each year, the Safety Unit
perbaikan terhadap pelaksanaan proses BPR yang sedang        conducts socialization activities, workshops, and
berlangsung.      Setiap   tahunnya,     Unit     Safety     distributes IBPR materials in internal training. This is done
menyelenggarakan kegiatan sosialisasi, lokakarya, serta      as a continuous effort to increase awareness,
mendistribusikan materi IBPR di dalam pelatihan internal.    understanding, and competence of KAI employees
Hal tersebut dilakukan sebagai upaya terus-menerus           regarding the implementation of the IBPR process.
dalam meningkatkan kesadaran, pemahaman, dan
kompetensi pekerja KAI terkait penerapan proses IBPR.

Selain upaya preventif melalui proses IBPR, Perseroan        In addition to preventive efforts through the IBPR
juga memfasilitasi pelaporan bahaya sebagai upaya            process, the Company also facilitates hazard reporting
korektif untuk mencegah terjadinya kecelakaan.               as a corrective measure to prevent accidents. Hazard
Pelaporan bahaya tersebut difasilitasi melalui aplikasi      reporting is facilitated through the Safety Railway
Safety Railway Information (SRI), yang dapat diakses oleh    Information (SRI) application, which can be accessed by
seluruh pekerja. Untuk mengakomodir pelapor yang             all employees. For reporters who do not have access to
tidak memiliki akses ke aplikasi Safety Railway              the Safety Railway Information application, a reporting
Information maka disediakan media pelaporan melalui          medium is provided through the Safety Railway Information
WhatsApp Center Safety Railway Information yang              Whatsapp Center, which will then be forwarded to the
nantinya akan diteruskan ke aplikasi SRI. KAI menerapkan     SRI application. KAI implements a policy to maintain the
kebijakan untuk menjaga kerahasiaan identitas pelapor        confidentiality of the reporter's identity and guarantees
dan memberi jaminan bahwa tidak terdapat hukuman             that no punishment or sanctions will be imposed on the
atau sanksi apa pun yang akan dikenakan bagi pelapor,        reporter, based on the Director's Decree of PT Kereta Api
berdasarkan Keputusan Direksi PT Kereta Api Indonesia        Indonesia (Persero) Number KEP.U/KK.301/XII/1/KA-2016.
(Persero) Nomor KEP.U/KK.301/XII/1/KA-2016.




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                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Apabila terjadi insiden yang membahayakan keselamatan,          If a safety-threatening incident occurs, the Managing
Direktur Keselamatan dan Keamanan akan segera                   Director of Safety and Security will immediately establish
menetapkan tim khusus yang ditugaskan untuk melakukan           a special team assigned to conduct an investigation into
proses investigasi terhadap insiden tersebut. Tim               the incident. The Investigation Team will then promptly
Investigasi tersebut kemudian akan segera menuju                go to the incident location to carry out a series of
lokasi kejadian untuk melaksanakan rangkaian proses             investigation processes, including collecting evidence/
investigasi meliputi pengumpulan bukti/data lapangan,           field data, gathering witness statements, processing and
pengumpulan keterangan saksi, pengolahan dan analisis           analyzing data, preparing an investigation report that
data, penyusunan laporan hasil investigasi mencakup             includes conclusions on the causes of the incident, and
hasil kesimpulan penyebab terjadinya insiden, hingga            preparing recommendations for improvements and
penyusunan rekomendasi perbaikan dan pencegahan.                prevention.

Dalam penerapan proses investigasi insiden kecelakaan           In the implementation of train accident incident
kereta api, KAI menggunakan metode ORILIO                       investigations,    KAI    uses   the    ORILIO   method
(Organisational Influences, Operational Risk Control, Local     (Organizational Influences, Operational Risk Control,
Factors, Individual Actions and Occurrence Events).             Local Factors, Individual Actions, and Occurrence Events).
Adapun, terhadap insiden kecelakaan kerja, KAI                  For workplace accident incidents, KAI applies the SCAT
menerapkan pendekatan SCAT (Systematic Cause Analysis           (Systematic Cause Analysis Techniques) approach.
Techniques).

Setelah seluruh proses investigasi selesai, Direktur            After the entire investigation process is completed, the
Keselamatan dan Keamanan akan menyampaikan laporan              Managing Director of Safety and Security will present
hasil investigasi kepada seluruh pihak terkait. Selanjutnya,    the investigation report to all relevant parties.
Unit Safety akan melakukan proses monitoring terhadap           Subsequently, the Safety Unit will monitor the
pelaksanaan safety action berdasarkan rekomendasi               implementation of safety actions based on the corrective
tindakan perbaikan dan pencegahan yang dihasilkan               and preventive action recommendations resulting from
dari laporan hasil investigasi.                                 the investigation report.

Layanan Kesehatan [GRI 403-3, 403-6]                            Health Services [GRI 403-3, 403-6]
Dalam melaksanakan kegiatan operasionalnya, KAI                 In carrying out its operational activities, KAI provides
memberikan layanan kesehatan kerja yang dapat diakses           occupational health services that can be accessed by all
oleh seluruh pekerja. KAI menyediakan fasilitas kesehatan       employees. KAI offers health facilities through Mediska
melalui Klinik Mediska, yang dapat dimanfaatkan oleh            Clinics, which can be utilized by employees, their families,
pekerja, keluarga pekerja, hingga masyarakat. Klinik            and the community. Mediska Clinics are health service
Mediska merupakan fasilitas pelayanan kesehatan milik           facilities owned by KAI. The provision of these
KAI. Penyediaan layanan kesehatan kerja tersebut diatur         occupational health services is regulated by the Director's
berdasarkan Peraturan Direksi PT Kereta Api Indonesia           Regulation of PT Kereta Api Indonesia (Persero) Number
(Persero) Nomor PER.A/KL.104/I/1/KA-2019 tanggal 8              PER.A/KL.104/I/1/KA-2019 dated January 8 th, 2019,
Januari 2019 tentang Standardisasi Minimum Fasilitas            concerning Minimum Standardization of Mediska Clinic
Klinik Mediska.                                                 Facilities.

KAI juga melakukan pemeriksaan kesehatan pekerja                KAI also conducts routine health checks for workers
secara rutin melalui program medical check-up tahunan,          through an annual medical check-up program and pre-
dan pemeriksaan Kesehatan pekerja sebelum berdinas              service health examinations for railway personnel at
kepada awak sarana perkeretaapian di Pos Pemeriksaan            Health Examination Posts (POSRIKKES).
Kesehatan (POSRIKKES).

Kecelakaan Kerja dan Langkah Pencegahan Insiden                 Work Accidents and Incident Prevention Measures
Kematian [GRI 403-9, 403-10]                                    [GRI 403-9, 403-10]
KAI melakukan investigasi dan pendataan terhadap                KAI conducts regular investigations and documentation
insiden kecelakaan kerja secara berkala, sebagai upaya          of work accidents as a continuous effort to minimize work-
berkesinambungan dalam meminimalisasi adanya risiko             related risks associated with the Company's operational
kerja berkenaan dengan aktivitas operasi Perseroan.             activities. As a preventive measure to mitigate the risks
Sebagai upaya preventif dalam memitigasi risiko                 of work accidents, occupational diseases, and fatalities
kecelakaan kerja, penyakit akibat kerja, serta insiden          in the workplace, KAI implements the Hazard
kematian di tempat kerja, KAI menerapkan proses                 Identification, Risk Assessment, and Safety Risk Control
Identifikasi Bahaya, Penilaian dan Pengendalian Risiko          (IBPR) process. Additionally, KAI applies the Railway
Keselamatan (IBPR). Selain itu, KAI juga menerapkan             Safety Management System by ensuring the reliability
Sistem Manajemen Keselamatan Perkeretaapian dengan              of work equipment and providing regular occupational
memastikan keandalan peralatan kerja serta memberikan           health and safety (K3) training to employees as a
pelatihan K3 kepada pekerja secara berkala, sebagai upaya       systematic effort to prevent incidents of disease,
sistematis      pencegahan        insiden       penyakit,       accidents,     and    fatalities  in     the    workplace.




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kecelakaan hingga kematian di tempat kerja.

Kami memperhatikan seluruh prosedur operasional kami                             We pay close attention to all our operational procedures
untuk menjamin keamanan dan keselamatan kepada                                   to ensure the safety and security of all workers, including
seluruh pekerja baik pekerja KAI maupun pekerja mitra                            KAI employees and our business partners' employees.
usaha kami. Namun, pada 2023 kecelakaan kerja hingga                             However, in 2023 work accidents and deaths of KAI internal
kematian pekerja internal KAI masih terjadi. Kejadian ini                        employees still occurred. We deeply regret this incident
sangat kami sesali dan akan menjadi evaluasi sistem dan                          and will evaluate our systems and procedures for the
prosedur kami untuk kedepannya. Rekapitulasi disajikan                           future. The recapitulation is presented in the following
pada tabel berikut :                                                             table:

Rekapitulasi Kecelakaan Kerja                                                    Recapitulation of Work Accidents

                          Uraian
                                                                      Satuan / Unit                     2023                   2022                  2021
                         Description

 Kecelakaan Kerja / Work Accidents                                  Orang / Person(s)                     11                      7                    6

 Kematian / Fatality                                                Orang / Person(s)                     2                       0                    2

 Jumlah jam kerja aman* / Safe working hours                           Jam / Hours                   5.677.549              8.888.040            13.007.280

 Lost Time Injury Frequency Rate (LTIFR) Pekerja
 Organik / Lost Time Injury Frequency Rate (LTIFR)                            LTIFR                      0,14                   0,12                 0,09
 for Organic Workers

 Lost Time Injury Frequency Rate (LTIFR)
                                                                              LTIFR                      0,29                   0,00                 0,10
 Outsource

*) Disajikan kembali                                                             *) Restated
**) Perhitungan jam kerja aman dilakukan terhadap hari kerja yang bebas          **) The calculation of safe working hours is based on workdays free from
    dari kejadian kecelakaan kerja setiap tahun. Apabila terjadi kecelakaan          work accidents each year. If a work accident occurs during the year, the
    kerja pada tahun berjalan, maka perhitungan jam kerja aman di reset              calculation of safe working hours is reset from the date of the last accident
    dari tanggal kejadian kecelakaan terakhir hingga tanggal akhir tahun             until the end of the current year. The results presented in the table above
    berjalan. Hasil yang disampaikan dalam tabel diatas adalah perhitungan           are the average calculation of safe working hours each year. The number
    rata-rata jam kerja aman dalam tiap tahunnya. Jumlah jam kerja aman              of safe working hours was influenced by the pandemic conditions in 2021-
    dipengaruhi oleh kondisi pandemi yang terjadi di tahun 2021-2022 dimana          2022, where train operations were reduced compared to 2023. Additionally,
    operasional KA menjadi lebih sedikit dibandingkan di tahun 2023, serta           in 2023, there was an increase in the number of employees compared
    pada tahun 2023 juga mulai ada penambahan jumlah pekerja                         to the previous year.
    dibandingkan tahun sebelumnya.


Partisipasi, Konsultasi, dan Komunikasi pekerja Tentang                          Employee       Participation,     Consultation,       and
Keselamatan dan Kesehatan Kerja [GRI 403-4]                                      Communication on Occupational Health and Safety
                                                                                 [GRI 403-4]
KAI memiliki komite khusus yang bertugas memberikan                              KAI has a special committee responsible for providing
saran dan pertimbangan mengenai keselamatan                                      advice and considerations regarding railway safety,
perkeretaapian, keselamatan dan kesehatan kerja serta                            occupational health and safety, and security at the
keamanan KAI di Daerah Operasi (Daop), Divisi Regional                           Operational Areas (Daop), Regional Divisions (Divre), and
(Divre) dan Balai Yasa, yaitu Komite Keselamatan. Komite                         Balai Yasa, known as the Safety Committee. The Safety
Keselamatan melaksanakan pertemuan secara berkala                                Committee holds regular monthly meetings with
setiap bulan untuk membahas permasalahan terkait                                 employees to discuss issues related to safety and security
keselamatan dan keamanan pada wilayah-wilayah                                    in these areas. Issues that cannot be resolved at the
tersebut. Permasalahan yang tidak dapat diputuskan                               Daop, Divre, and Balai Yasa Safety Committee level will
pada tingkat Komite Keselamatan Daop, Divre, dan Balai                           be forwarded to the Safety Action Group (SAG) at the
Yasa akan disampaikan kepada Safety Action Group (SAG)                           Head Office for further discussion at the SAG Meeting.
di Kantor Pusat untuk selanjutnya dilakukan pembahasan
pada Rapat SAG.

Pelatihan pekerja Mengenai Keselamatan dan                                       Employee Training on Occupational Health and
Kesehatan Kerja [GRI 403-5]                                                      Safety [GRI 403-5]
KAI mengupayakan peningkatan kualitas Keselamatan                                KAI strives to improve the quality of Occupational Health
dan Kesehatan Kerja (K3) dengan memberikan pelatihan                             and Safety (K3) by providing internal training and
internal dan pelatihan sertifikasi khusus bekerja sama                           specialized certification training in collaboration with
dengan Lembaga Pelatihan eksternal bagi pekerja. Pada                            external training institutions for employees. In internal
pelatihan internal, KAI memberikan materi K3 sebagai                             training, KAI includes K3 material as mandatory content
materi wajib yang harus dikuasai pada penyelenggaraan                            that must be mastered during training sessions at the
pelatihan di Training Center KAI. Untuk pelatihan                                KAI Training Center. For specialized certification training,




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                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




sertifikasi khusus, KAI bekerja sama dengan Lembaga              KAI collaborates with external training institutions that
Pelatihan/ Sertifikasi eksternal yang sudah mendapatkan          have been appointed by the Ministry of Manpower, the
penunjukan dari Kementerian Ketenagakerjaan, Badan               National Professional Certification Agency (BNSP), and
Nasional Sertifikasi Profesi (BNSP), dan lainnya sesuai          others according to specific hazard risks. The list of K3
kebutuhan. Daftar pelatihan K3 yang diberikan pada               training provided in 2023 can be seen in the following
tahun 2023 dapat dilihat pada tabel berikut:                     table:

Tabel Pelatihan K3 bagi pekerja                                  K3 Training Table for Employees

          Tanggal Sosialisasi                           Tempat                                       Jumlah Peserta
  No
                  Dates                                  Media                               Amount of Participant (Person(s))

                                Campaign K3 Januari “Budayakan Diskusi dan Partisipasi
                                Aktif untuk Meningkatkan Keselamatan” (Via e-mail dan
        20 Januari 2023
   1                            grup WhatsApp) / January K3 Campaign "Cultivate                           30.419
        January 20 th, 2023
                                Discussion and Active Participation to Improve Safety"
                                (Via e-mail and WhatsApp group)

                                Safety Talk Januari Unit Operasi dan Safety Briefing
        18 Januari 2023
   2                            (Via grup WhatsApp) / Safety Talk January Unit Operations                 10.500
        January 18 th, 2023
                                and Safety Briefing (Via WhatsApp group)

                                Rangkaian Peringatan Bulan K3 Nasional, Apel Peringatan
                                Bulan K3, Lomba Penerapan K3L di halaman Kantor Pusat
                                dan Kantor Daop/Divre dan safety campaign melalui
        8 Februari 2023         spanduk, e-mail dan grup WhatsApp) / Series of National
   3                                                                                                      30.419
        February 8 th, 2023     K3 Month Commemorations, K3 Month Commemoration
                                Calls, K3L Implementation Competitions at the Head Office
                                and Daop/Division Offices and safety campaigns via
                                banners, e-mail and WhatsApp groups)

                                Safety Talk “Pengelolaan Air Limbah Domestik”
        9 Februari 2023
   4                            (Via grup WhatsApp) / Safety Talk "Domestic Wastewater                    10.500
        February 9 th, 2023
                                Management" (Via WhatsApp group)

                                Webinar Safety Series Februari “Peran Aktif Pekerja dalam
        17 Februari 2023        Peningkatan Budaya Keselamatan Daring” melalui Zoom
   5                                                                                                      30.419
        Februari 17 th, 2023    / February Safety Series Webinar "Employees' Active Role
                                in Improving Online Safety Culture" via Zoom

                                Safety Campaign “Aksi Peduli Terhadap Lingkungan”
        9 Maret 2023
                                (Via e-mail dan grup WhatsApp) / Safety Campaign
   6    March 9 th, 2023                                                                                  30.419
                                "Action to Care for the Environment" (Via e-mail and
                                WhatsApp group)

                                Sharing knowledge Lingkungan/Sustainability pada
        14 Maret 2023           Pelatihan ERM for non ERM secara Luring / Sharing
   7                                                                                                        30
        March 14 th, 2023       Environmental/Sustainability knowledge in Offline ERM
                                for non-ERM Training

                                Webinar Safety Series "Program Penanganan Kedaruratan
        24 Maret 2023           Angkutan B3/Limbah B3" (Via Zoom) / Safety Series
   8                                                                                                      30.419
        March 24, 2023          Webinar "Emergency Handling Program for B3 Transport/B3
                                Waste" (Via Zoom)

                                Safety Talk Maret Unit Operasi dan JJ – Kebakaran (Via
        27 Maret 2023
   9                            grup WhatsApp) / Safety Talk March Operation Unit and                     10.500
        March 27 th, 2023
                                JJ – Fire (Via WhatsApp group)

                                Campaign K3 Maret “Kenali Faktor Penyebab Kebakaran”
        31 Maret 2023           (Via e-mail dan grup WhatsApp) / March K3 Campaign
  10                                                                                                      30.419
        March 31 st, 2023       "Recognize the Factors that Cause Fire" (Via e-mail and
                                WhatsApp group)

                                Talkshow K3L April “Tantangan & Strategi Implementasi
                                K3 & Pengelolaan Lingkungan Hidup” di Ruang Integritas
        6 April 2023            Kantor Pusat dan via Zoom / April K3L Talkshow "Challenges
   11                                                                                                     30.419
        April 6 th, 2023        & Strategies for K3 Implementation and Environmental
                                Management" in the Head Office Integrity Room and
                                via Zoom




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                                             Laporan Keberlanjutan
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        Tanggal Sosialisasi                                 Tempat                                         Jumlah Peserta
 No
                Dates                                        Media                                 Amount of Participant (Person(s))

                                  Safety Talk "Pengelolaan Sampah melalui Bank Sampah"
      13 April 2023
 12                               (Via grup WhatsApp) / Safety Talk "Waste Management                           10.500
      April 13 th, 2023
                                  through Waste Banks" (Via WhatsApp group)

                                  Safety Campaign “Memanfaatkan Energi Matahari sebagai
                                  Pencahayaan Alami/Sumber Energi Kerja” (Via e-mail dan
      27 April 2023
 13                               grup WhatsApp) / Safety Campaign "Utilizing Solar Energy                      30.419
      April 27 th, 2023
                                  as Natural Lighting/Working Energy Source" (Via e-mail
                                  and WhatsApp group)

                                  Safety Talk Mei “Memahami Kondisi Tidak Aman & Tindakan
      22 Mei 2023                 Tidak Aman di Area Kerja” (Via grup WhatsApp) / Safety
 14                                                                                                             10.500
      Mei 22 nd, 2023             Talk May “Understanding Unsafe Conditions & Unsafe
                                  Actions in Work Areas” (Via WhatsApp group)

                                  Campaign K3 Mei “Keselamatan Bagian Peralatan Kerja
      26 Mei 2023                 yang Berputar” (Via e-mail dan grup WhatsApp) / May
 15                                                                                                             30.419
      May 26 th, 2023             K3 Campaign "Safety of Rotating Work Equipment Parts"
                                  (Via e-mail and WhatsApp group)

                                  Webinar Safety Series "Ekonomi Sirkular dalam Pengelolaan
      29 Mei 2023                 Sampah Berkelanjutan" (Via Zoom) / Safety Series Webinar
 16                                                                                                             30.419
      May 29 th, 2023             "Circular Economy in Sustainable Waste Management"
                                  (Via Zoom)

                                  Sharing knowledge Lingkungan/Sustainability pada
      12 Juni 2023                Pelatihan ERM for non ERM (Luring) / Sharing
 17                                                                                                             30.419
      June 12 th, 2023            Environmental/Sustainability knowledge in ERM for non
                                  ERM (Offline) Training

                                  Safety Talk "Solusi untuk Polusi Plastik" (Via grup
      15 Juni 2023
 18                               WhatsApp) / Safety Talk "Solutions to Plastic Pollution"                      10.500
      June 15 th, 2023
                                  (Via WhatsApp group)

                                  Webinar Safety Series Juni - Implementasi Fire Safety
                                  Management di rumah, kantor, fasilitas umum dan alat
      22 Juni 2023
 19                               transportasi via Zoom / June Safety Webinar Series -                          30.419
      June 22 nd, 2023
                                  Implementation of Fire Safety Management in homes, offices,
                                  public facilities and means of transportation via Zoom

                                  Diklap Tanggap Darurat Tahun 2023 Daop 4 Semarang
      26-27 Juni 2023             di Aula Kantor Daop 4 Semarang / 2023 Daop 4 Semarang
 20                                                                                                               20
      June 26 th-27 th, 2023      Emergency Response Class in the Daop 4 Semarang Office
                                  Hall

                                  Safety Campaign “Menjaga serta Melestarikan Pohon dan
      3 Juli 2023
 21                               Tanaman” (Via e-mail) / Safety Campaign "Guarding and                         30.419
      July 3 rd, 2023
                                  Preserving Trees and Plants" (Via e-mail)

                                  Sosialisasi K3 bagi pekerja KAI Service di Ruang Rapat
      27 Juli 2023                KAI Service dan Daring (via Zoom) / K3 socialization for KAI
 22                                                                                                              100
      July 27 th, 2023            Service workers in the KAI Service Meeting Room and Online
                                  (via Zoom)

                                  Diklap Refreshing Penanganan Barang Berbahaya dan
      28 Juli 2023                Pengelolaan Limbah Angkatan I Tahun 2023 secara Luring
 23                                                                                                               30
      July 28 th, 2023            / Refreshing Class for Handling Dangerous Goods and Waste
                                  Management Class I 2023 Offline

                                  Safety Talk Juli Unit Operasi dan JJ – Pelaporan Potensi
      28 Juli 2023
 24                               Bahaya (Via grup WhatsApp) / Safety Talk July Operation                       10.500
      July 28 th, 2023
                                  Unit and JJ – Reporting Potential Hazards (Via WhatsApp group)

                                  Safety Talk "Dilarang Membakar Sampah" (Via grup
      17 Agustus 2023
 25                               WhatsApp) / Safety Talk "No Burning Trash" (Via WhatsApp                      10.500
      August 17 th, 2023
                                  group)

      25 Agustus 2023             Safety Campaign “Dilarang Membakar Sampah” (Via e-mail)
 26                                                                                                             30.419
      August 25 th, 2023          / Safety Campaign "No Burning Trash" (Via e-mail)

                                  Awareness Emergency Drill “Pelaksanaan Simulasi Keadaan
      14–24 Agustus 2023          Darurat” di Stasiun Pasar Senen / Awareness Emergency
 27                                                                                                               80
      August 14 th-24 th, 2023    Drill "Implementation of Emergency Simulation" at Pasar Senen
                                  Station




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                            Annual and Sustainability Report
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                                    Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                     Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




          Tanggal Sosialisasi                                  Tempat                                          Jumlah Peserta
  No
                 Dates                                          Media                                  Amount of Participant (Person(s))

                                    Webinar Safety Series Agustus – “Awareness K3 Bekerja
        29 Agustus 2023             di Ketinggian” secara Daring via Zoom / Webinar Safety
  28                                                                                                                30.419
        August 29 th, 2023          Series Agustus – “Awareness K3 Bekerja di Ketinggian”
                                    secara Daring via Zoom

                                    Campaign K3 September “Bahaya Cuaca Panas, Upaya
                                    Pencegahan Kecelakaan Kerja Pekerjaan di Jalur KA” (Via
        7 September 2023
  29                                e-mail dan grup WhatsApp) / September K3 Campaign                               30.419
        September 7 th, 2023
                                    "Dangers of Hot Weather, Efforts to Prevent Work Accidents
                                    on Railway Tracks" (Via e-mail and WhatsApp group)

        12-13 September 2023
                                    Diklap Refreshing K3L Angkatan I Tahun 2023 (Zoom
  30    September 12 th-13 th,                                                                                        24
                                    Meeting) / K3L Refreshing Class I Year 2023 (Zoom Meeting)
        2023

                                    Webinar Safety Series "Pengelolaan Air Limbah Domestik
        22 September 2023           dan Limbah Proses" (Via Zoom) / Safety Series Webinar
  31                                                                                                                30.419
        September 22 nd, 2023       "Management of Domestic Wastewater and Process Waste"
                                    (Via Zoom)

                                    Safety Talk September Unit Operasi dan JJ “Bahaya Terjepit”
        29 September 2023
  32                                (Via grup WhatsApp) / Safety Talk September Operational                         10.500
        September 29 th, 2023
                                    Unit and JJ "Danger of Being Squeezed" (Via WhatsApp group)

                                    Safety Talk "Pengomposan Sampah Organik" (Via grup
        15 Oktober 2024
  33                                WhatsApp) / Safety Talk "Organic Waste Composting" (Via                         10.500
        October 15 th, 2024
                                    WhatsApp group)

                                    Webinar Safety Series Oktober – Emergency Response
        27 Oktober 2023
  34                                Plan secara Daring via Zoom / October Safety Series Webinar                     30.419
        October 27 th, 2024
                                    – Emergency Response Plan Online via Zoom

                                    Safety Campaign “Yuk! Hemat Air” (Via e-mail dan grup
        31 Oktober 2023
  35                                WhatsApp) / Safety Campaign “Come on! Save Water”                               30.419
        October 31 st, 2023
                                    (Via e-mail and WhatsApp group)

                                    Safety Induction pada Pelatihan Basic Development
        2 November 2023
  36                                Program secara Luring / Safety Induction in Offline Basic                        270
        November 2 nd, 2023
                                    Development Program Training

                                    Diklap K3L Tahun 2023 Balai Yasa Yogyakarta di Ruang
        2-3 November 2023
  37                                CC 201 Balai Yasa Yogyakarta / K3L Training in 2023 at Balai                      30
        November 2 nd-3 rd, 2023
                                    Yasa Yogyakarta in Room CC 201 Balai Yasa Yogyakarta

                                    Diklap Pemadam Kebakaran Angkatan I Tahun 2023 di
        9-10 November 2023
  38                                Stasiun Gambir Daop 1 Jakarta / Class I of the 2023 Fire Brigade                  35
        November 9 th-10 th, 2023
                                    at Gambir Daop 1 Station, Jakarta

                                    Safety Talk November “Waspada Musim Hujan” (Via grup
        23 November 2023
  39                                WhatsApp) / Safety Talk November "Beware of the Rainy Season"                   10.500
        November 23 rd, 2023
                                    (Via WhatsApp group)

                                    Campaign K3 November “Waspada Musim Hujan” (Via
        24 November 2023
  40                                e-mail dan grup WhatsApp) / November K3 Campaign "Beware                        30.419
        November 24 th, 2023
                                    of the Rainy Season" (Via e-mail and WhatsApp group)

                                    Webinar Safety Series November “Peran CSMS (Contractor
                                    Safety Management System) Sebagai Barrier Pencegahan
        29 November 2023
  41                                Kecelakaan secara Daring via Zoom / November Safety Series                      30.419
        November 29 th, 2023
                                    Webinar "The Role of CSMS (Contractor Safety Management
                                    System) as a Barrier to Prevent Accidents Online via Zoom

                                    Awareness K3 Desember “Simulasi Tanggap Darurat
        8 Desember 2023
  42                                Kebakaran secara Daring via Zoom / Awareness K3 December                          75
        December 8 th, 2023
                                    “Online Fire Emergency Response Simulation via Zoom

        26 Desember 2023            Safety Talk "Konservasi Energi" (Via grup WhatsApp) / Safety
  43                                                                                                                10.500
        December 26 th, 2023        Talk "Energy Conservation" (Via WhatsApp group)

                                    Safety Campaign “Konservasi Energi” (Via e-mail dan grup
        31 Desember 2023
  44                                WhatsApp) / Safety Campaign “Energy Conservation” (Via                          30.419
        December 31 st, 2023
                                    e-mail and WhatsApp group)




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Tabel Sertifikasi K3 bagi Pegawai                                HSE Certification Table for Employees

                                                              Jumlah Peserta
            Nama Pelatihan                 Waktu                                 Tempat         Instansi Penyelenggara
  No                                                            Amount of
            Types of Training              Date                                   Place                Organizer
                                                                Participant

   1    Pelatihan & Ujian             22-26 Mei 2023                20            Kantor      Training Non Railways (MTNC)
        Sertifikasi Keselamatan      May 22 nd-26 th, 2023                        PPSDM           melalui PPSDM Migas /
        dan Kesehatan Kerja (K3)                                               Migas, cepu        Training Non Railways
        Tingkat Operator /                                                         Jawa          (MTNC) by PPSDM Migas
        Training & Certification                                                 Tengah /
        Occupational Health and                                                   PPSDM
        Safety (OHS) Operation                                                     Migas
        Level                                                                  Office, Cepu
                                                                               Central Java

   2    K3 Bekerja Pada                24-25 Juli 2023              26         Ruang Kelas     BPSTL melalui Tim BNSP /
        Ketinggian Level 1           July 24 th-25 th, 2023                    BPSTL Laswi       BPSTL by BNSP team
        Angkatan I Tahun 2023 /                                                  / BPSTL
        OHS Working at Heights                                                     Laswi
        Level 1 Batch I - 2023                                                  Classroom

   3    Teknisi K3 Bekerja pada        24-26 Juli 2023              15         Ruang Kelas     BPSTL melalui Tim BNSP /
        Ketinggian Level I           July 24 th-26 th, 2023                    BPSTL Laswi       BPSTL by BNSP team
        Angkatan I Tahun 2023 /                                                  / BPSTL
        OHS Technician Working                                                     Laswi
        at Heights Level I Batch I                                              Classroom
        - 2023

  4     Workshop dan Dialog K3       23-24 Agustus 2023             3          Hotel Oasis    Training Non Railways (MTNC)
        Batch 1 Tahun 2023 / OHS      August 23 rd-24 th,                         Amir,         melalui Pusat Pengkajian
        Workshop and Dialogue               2023                                Jakarta /     Informasi Nasional (PUSPIN) /
        Batch 1 - 2023                                                         Oasis Amir         Training Non Railways
                                                                                 Hotel,             (MTNC) by National
                                                                                Jakarta          Information Assessment
                                                                                                      Center (PUSPIN)

   5    Workshop dan Dialog K3       23-24 Agustus 2023             1          Hotel Oasis    Training Non Railways (MTNC)
        Batch 2 Tahun 2023 / OHS      August 23 rd-24 th,                         Amir,         melalui Pusat Pengkajian
        Workshop and Dialogue               2023                                Jakarta /     Informasi Nasional (PUSPIN) /
        Batch 2 - 2023                                                         Oasis Amir         Training Non Railways
                                                                                 Hotel,             (MTNC) by National
                                                                                Jakarta          Information Assessment
                                                                                                      Center (PUSPIN)


Pencegahan dan Mitigasi Dampak-Dampak                            Prevention and Mitigation of Occupational Health
Keselamatan dan Kesehatan Kerja yang Secara                      and Safety Impacts Directly Linked by Business
Langsung Terkait Hubungan Bisnis [GRI 403-7]                     Relationships [GRI 403-7]
KAI menerapkan proses Identifikasi Bahaya, Penilaian dan         PT Kereta Api Indonesia (KAI) implements the Hazard
Pengendalian Risiko Keselamatan (IBPR) sebagai upaya             Identification, Risk Assessment, and Risk control as a
pencegahan dan mitigasi terhadap risiko keselamatan,             preventive and mitigative measure against safety risks.
meliputi risiko kecelakaan kereta api, kecelakaan kerja,         This process, known as IBPR (Identifikasi Bahaya,
penyakit akibat kerja, dan pencemaran lingkungan hidup.          Penilaian, dan Pengendalian Risiko), addresses various
IBPR telah diterapkan pada seluruh Daerah Operasional            risks including railway accidents, occupational accidents,
(Daop), Divisi Regional (Divre) dan Balai Yasa Sarana.           work-related illnesses, and environmental pollution. The
Hasil IBPR yang dilakukan pada level unit, kemudian              IBPR process is applied across all Operational Areas
dibahas secara rutin setiap bulan di dalam Rapat Komite          (Daop), Regional Divisions (Divre), and Balai Yasa Sarana.
Keselamatan Tingkat Daerah, untuk dilaporkan kepada              The results of the IBPR conducted at the unit level are
Direktorat Keselamatan dan Keamanan. Proses IBPR                 routinely discussed monthly in the Regional Safety
diterapkan secara terintegrasi ke dalam sistem                   Committee Meetings and reported to the Directorate of
Manajemen Risiko Terpadu (Enterprise Risk Management)            Safety and Security. The IBPR process is integrated into
yang difasilitasi melalui aplikasi Sistem Manajemen Risiko       the Enterprise Risk Management (ERM) system,
Terpadu Kereta Api (SMARTKA).                                    facilitated through the Integrated Railway Risk
                                                                 Management System (SMARTKA) application.

KAI memiliki komitmen untuk terus menerapkan hingga              KAI is committed to continuously implementing and
mengembangkan proses IBPR melalui evaluasi serta                 developing the IBPR process through ongoing evaluation
perbaikan secara kontinu agar pengelolaan risiko                 and improvement to ensure that safety risk prevention,
keselamatan dapat tetap dilaksanakan secara efektif dan          mitigation, and management are carried out effectively
efisien.                                                         and efficiently.




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                          Annual and Sustainability Report
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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                               Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Pelatihan dan Pengembangan Kemampuan Pegawai                   Employee Training and Development
[OJK F.22][GRI 404]                                            [OJK F.22][GRI 404]
KAI memahami bahwa pelatihan dan pengembangan                  KAI understands that employee training and development
kemampuan pegawai merupakan investasi yang esensial            are essential investments in the overall effort to develop
untuk     dilakukan    dalam      keseluruhan     upaya        human resources, in addition to fulfilling employees' rights
pengembangan sumber daya manusia, di samping                   to develop their competencies. Therefore, KAI periodically
sebagai wujud pemenuhan hak bagi pegawai untuk                 conducts training and education activities to enhance
dapat mengembangkan kompetensi yang dimiliki. Atas             employees' skills and productivity. These efforts are
dasar itu, secara periodik, KAI melaksanakan kegiatan          expected to support the improvement of service quality
pelatihan dan pendidikan dalam rangka meningkatkan             for customers, foster working relationships with business
kemampuan serta produktivitas pegawai, yang                    partners, and maintain good relations with the
diharapkan mampu mendukung upaya peningkatan                   community. Furthermore, training and education for
kualitas pelayanan bagi pelanggan, hubungan kerja              employees are expected to create superior and
dengan mitra usaha, serta hubungan baik dengan                 competitive human resources, ultimately enhancing the
masyarakat. Selain itu, pelatihan dan pendidikan bagi          company's quality and performance for all stakeholders,
pegawai diharapkan mendorong penciptaan sumber daya            especially railway service users.
manusia yang unggul dan kompetitif, yang akhirnya
meningkatkan kualitas dan kinerja Perseroan bagi seluruh
pemangku kepentingan terutama pengguna jasa
perkeretaapian.

KAI melaksanakan program pengembangan kompetensi               KAI implements a competency development program
bagi pegawai yang dirancang dan dilaksanakan sejalan           for employees designed and executed in line with the
dengan pencapaian visi dan misi Perseroan tahun 2020-          company's vision and mission for 2020-2024, while also
2024, di samping untuk mengakomodasi talenta baru              accommodating new talents for the company. KAI
bagi Perseroan. KAI memberikan kesempatan yang sama            provides equal opportunities for all employees to develop
bagi pegawai untuk dapat mendapatkan pengembangan              their competencies without any discrimination, including
kompetensi tanpa adanya diskriminasi apapun termasuk           based on their background. The company involves all
karena latar belakang mereka. KAI mengikutsertakan             (100%) employees without distinction.
seluruh (100%) pegawai tanpa membedakan satu dengan
yang lainnya.

Perseroan melaksanakan program pelatihan dan                   The company conducts employee training and
pengembangan kompetensi pegawai berdasarkan                    competency development programs based on internal
ketentuan internal berupa Keputusan Direksi PT Kereta          regulations, specifically the Board of Directors' Decision
Api Indonesia (Persero) tentang Petunjuk Pelaksanaan           of PT Kereta Api Indonesia (Persero) regarding the
Sistem Pengembangan Karier. Berdasarkan ketentuan              Implementation Guidelines for the Career Development
tersebut, pengembangan karier di dalam organisasi KAI          System. According to these regulations, career
diterapkan melalui program pendidikan dan pelatihan            development within KAI is implemented through
(Diklat), yang terdiri dari Diklat Pembentukan, Diklat         education and training programs (Diklat), which include
Profesional, dan Diklat Manajerial. Hal tersebut merupakan     Formation Training, Professional Training, and Managerial
wujud upaya KAI dalam memberikan kesempatan yang               Training. This reflects KAI's efforts to provide transparent
transparan dan setara bagi seluruh (100%) pegawai untuk        and equal opportunities for all (100%) employees to fill
dapat mengisi berbagai posisi jabatan, melalui sistem          various positions through a promotion system, career
promosi, jenjang karir, serta jalur pengembangan karier        paths, and career development tracks that are objectively
yang dievaluasi secara objektif berdasarkan kompetensi         evaluated based on their competencies.
yang dimiliki.

KAI memiliki divisi khusus yang bertanggung jawab dalam        KAI has a dedicated division responsible for managing
mengelola perencanaan, pengendalian, dan evaluasi              the planning, control, and evaluation of program
pelaksanaan program, hingga merencanakan materi                implementation, as well as planning educational and
pendidikan dan pelatihan, yaitu Corporate Deputy               training materials, known as the Corporate Deputy
Director of Training and Education. Lebih dari itu, Divisi     Director of Training and Education. Additionally, the
Training & Education bertugas memelihara fasilitas             Training & Education Division is tasked with maintaining
program, menyusun standarisasi kualitas dan sertifikasi/       program facilities, developing quality standards and
pengujian SDM sesuai kebutuhan Perseroan, serta                certification/testing of human resources according to the
melakukan pengelolaan Training Center.                         company's needs, and managing the Training Center.




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                                                                  Annual and Sustainability Report
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                                              Laporan Keberlanjutan
                                              Sustainability Report




Kebijakan     dan      Pelaksanaan      Pengembangan                         Competency Development Policy and Implementation
Kompetensi [GRI 3-3, 404-2]                                                  [GRI 3-3, 404-2]
Seiring perkembangan peran SDM dan perubahan                                 As the role of human resources evolves and new
tantangan yang dihadapi, Perseroan telah melakukan                           challenges arise, the Company has adjusted the
penyesuaian terhadap model kompetensi yang terapkan                          competency model applied to KAI employees. This
bagi pegawai KAI. Hal tersebut secara mendasar dilakukan                     adjustment is fundamentally aimed at supporting the
guna mendukung tercapainya visi dan misi Perseroan,                          achievement of the Company's vision and mission, in line
sejalan dengan pencapaian Rencana Jangka Panjang                             with the Long-Term Corporate Plan (RJPP) for 2020-2024.
Perusahaan (RJPP) tahun 2020-2024. Lebih dari itu,                           Moreover, the adjustment to the competency model is
penyesuaian model kompetensi dilakukan untuk                                 made to accommodate new capabilities within the
mengakomodasi kapabilitas baru di dalam struktur                             Company's organizational structure. The KAI Competency
organisasi Perseroan. Model Kompetensi KAI tersebut                          Model is implemented based on the Director's Regulation
diberlakukan berdasarkan Peraturan Direksi PER.U/                            PER.U/KH.503/IX/1/KA-2021 concerning the Competency
KH.503/IX/1/KA-2021     tentang    Kamus    dan     Profil                   Dictionary and Profiles.
Kompetensi.

Lebih lanjut, Model Kompetensi KAI terdiri atas                              Furthermore, the KAI Competency Model includes both
kompetensi yang bersifat non-teknis (soft-competency)                        non-technical (soft-competency) and technical (hard-
dan teknis (hard-competency). Kompetensi non-teknis                          competency) competencies. Non-technical competencies
mengacu pada kompetensi yang berkaitan erat dengan                           refer to skills related to managing work processes,
kemampuan untuk mengelola proses pekerjaan,                                  interpersonal relationships, and building interactions
mengelola hubungan antarmanusia, serta membangun                             with others, and are categorized into Basic, Core, and
interaksi dengan orang lain, terdiri dari Basic, Core dan                    Leadership. Technical competencies involve the specific
Leadership. Adapun, kompetensi teknis merupakan                              skills required for particular professions/positions and are
keterampilan teknis yang melekat atau dibutuhkan untuk                       divided into Technical, Business, Digital, and Management.
profesi/posisi tertentu, terdiri dari Technical, Bussiness,                  An explanation of the KAI Competency Model can be seen
Digital dan Management. Penjelasan mengenai Model                            in the following illustration:
Kompetensi KAI dapat dilihat melalui ilustrasi berikut:


                          Model Kompetensi KAI Tahun 2021 / KAI Competency Model for 2021



                                                                                                 • BOD-1, BOD-2 menggunakan kompetensi
                                                                                                   leadership BUMN dan/atau kompetensi KAI
                                                                                                 • BOD-3 menggunakan kompetensi leadership
                                                                                                   BUMN dan/atau kompetensi KAI
                                                                                                 • BOD-1,   BOD-2   Using    SOE  leadership
                                                                                                   competencies and/or KAI competencies
                                                        LEADERSHIP                               • BOD-3 Using SOE leadership competencies
  Model Kompetensi                                                                                 and/or KAI competencies
 Adalah Fondasi Untuk
                                                                                                  Mindset digital untuk menunjang inovasi
 Membangun Insan KAI                                     DIGITAL                                  melalui transformasi digital di berbagai bidang.
     yang Unggul                                                                                  Technical: kompetensi teknis perkeretaapian
   (GREAT PEOPLE)                           BUSINESS                 MANAGEMENT                   berikut ekosistemnya.
                                                                                                  Digital Minddser to support innovation through
     The Competency                                                                               digital transformation in various fields.
           Model                                                                                  Technical: technical competence of railways
                                                       TECHNICAL                                  and its ecosystem
   Is the Foundation to
    build Excellent KAI                                                                           LAM: 3 kompetensi inti insan KAI
                                                         BASIC                                    LAM: 3 core competencies of KAI people
          People
     (GREAT PEOPLE)                                                                               KAI Pro:
                                                         CORE
                                                                                                  3 Kompetensi yang mencerminkan karakter
                                                                                                  dan perilaku insan KAI
                                                                                                  KAI Pro:
                                                                                                  3 Competencies that reflects the character and
                                                                                                  behavior of KAI people




Referensi / Reference:
Peraturan Direksi Nomor PER.U/KH.503/III/2/KA-2021 tentang perubahan atas Peraturan Direksi Nomor PER.U/KH.503/I/1/KA-2018 tentang
Kamus Kompetensi. / Directors Regulation Number PER.U/KH.503/III/2/KA-2021 concerning amendments to Directors Regulation
Number PER.U/KH.503/I/1/KA-2018 concerning Competency Dictionary.


AKHLAK: Amanah, Kompeten, Harmonis, Loyal, Adaptif, Kolaboratif / Trustworthy, Competent, Harmonious, Loyal, Adaptive, Collaborative




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Model kompetensi tersebut menjadi dasar untuk                              The competency model serves as the foundation for
penyusunan profil kompetensi jabatan, dimana setiap                        developing job competency profiles, where each job
profil kompetensi jabatan terdiri dari 7 bagian kompetensi,                competency profile consists of 7 competency areas: Core,
yaitu Core, Basic, Technical, Bussiness, Digital,                          Basic, Technical, Business, Digital, Management, and
Management dan Leadership.                                                 Leadership.


    CORE           BASIC               TECHNICAL                                          HARD                                   LEADERSHIP

   CAPACITY    IAM (Modul          • Operation                  BUSINESS                MANAGEMENT         DIGITALIZATION        ELDP
   BUILDING    Integrity,          • Rolling Stock                                                                               (Executive
                                                            • Strategic Plan &     • Governance, Risk,    • Digital
   (KIPRO +    Service               Maintenance                                                                                 Leadership Dev.
                                                              Business               & Compliance           Transformation
   AKHLAK)     Excellence,           Management                                                                                  Program)
                                                              Development          • Supply Chain         • Digital Disruption
               Safety & Health     • Quality Controller     • Management           • Relationship         • Data Analytics
               Oriented)           • Signalling,                                                                                 SLDP
                                                              Transformation         Management           • Artificial
                • Service            Telecommunication                                                                           (Strategic
                                                            • Fundamental          • Finance &              Intelligence
                  Excellence         and Electricity                                                                             Leadership Dev.
                                                              Marketing              Accounting           • Digital Marketing
                • Health           • Track & Bridge                                                                              Program)
                                                            • Strategic            • Human Capital        • Digital Operation
                • Safety           • Engineering              Marketing            • Health, Safety, &
                • Security                                                                                                       OLDP
                                                            • Feasibility Study      Environment
                  Induction                                                                                                      (Operational
                                                            • Customer             • Corporate Affair
                                                                                                                                 Leadership Dev.
                                                              Relationship         • Project
                                                                                                                                 Program)
                                                              Management             Management &
                                                            • Hospitality            Research
                                                                                                                                 MLDP
                                                            • Business Analytics   • Building &
                                                                                                                                 (Emerging
                                                            • Negotiation Skill      Conservation
                                                                                                                                 Leadership
                                                            • Designing
                                                                                                                                 Development
                                                              Business Model
                                                                                                                                 Program)
                 INDUCTION
                                                                          Regulation Mandatory Certification:
                  PROGRAM

                                                            1. Railways:                      2. Non-Railways:
                                                                • Train Crew                      • Audit
                                                                • Inspector & Checker             • HC & Health                      Talent
        CORPORATE LEARNING DEVELOPMENT                          • Maintenance                     • IT                            Development
                                                                                                  • Safety
                                                                                                  • Other Functions


                                   KAI Value: Amanah - Kompeten - Harmonis - Loyal - Adaptif - Kolaboratif
                                 KAI Value: Trustworthy - Competent - Harmony - Loyal - Adaptive - Collaborative


Learning Development System and Program                                    Learning Development System and Program

  ● Core merupakan program pengembangan utama                                  ● Core is the main development program aimed at
    untuk membentuk karakter seluruh insan KAI yang                              shaping the character of all KAI personnel to be
    kolaboratif, inovatif, dan proaktif.                                         collaborative, innovative, and proactive.
  ● Basic merupakan program pengembangan untuk                                 ● Basic is a development program designed to equip
    membekali pekerja terkait dengan kompetensi dasar                            workers with fundamental competencies required
    yang harus dimiliki oleh seluruh insan KAI                                   by all KAI personnel (Integrity, Service Excellence,
    (Integritas, Adiguna Layanan, Mengutamakan                                   Prioritizing Safety).
    Keselamatan).
  ● Technical merupakan program pengembangan                                   ● Technical is a development program focused on
    untuk meningkatkan keahlian melalui pemenuhan                                enhancing expertise through the fulfillment of
    kompetensi teknik railway dan ekosistemnya.                                  railway technical competencies and its ecosystem.
  ● Business merupakan program pengembangan                                    ● Business is a development program designed to
    untuk mendukung bisnis perusahaan dalam                                      support the company's business in achieving its
    mewujudkan visi misi perusahaan melalui                                      vision and mission through the fulfillment of
    pemenuhan kompetensi teknik terkait bisnis.                                  technical competencies related to the business.
  ● Management              merupakan       program                            ● Management is a development program aimed at
    pengembangan untuk memaksimalkan fungsi                                      maximizing job functions through the fulfillment
    jabatan melalui pemenuhan kompetensi yang                                    of competencies that support job roles or positions.
    mendukung fungsi pekerjaannya atau jabatan.
  ● Digital merupakan program pengembangan                                     ● Digital is a development program designed to
    dalam menghadapi tantangan di era digitalisasi                               address challenges in the era of digitalization
    melalui pemenuhan kompetensi digitalisasi.                                   through the fulfillment of digital competencies.
  ● Leadership merupakan program pengembangan                                  ● Leadership is a development program designed
    untuk menyiapkan pimpinan Perseroan yang bisa                                to prepare the Company’s leaders to compete with
    bersaing dengan BUMN lain melalui pemenuhan                                  other state-owned enterprises (SOEs) by fulfilling
    kompetensi leadership bagi para pimpinan.                                    leadership competencies for executives.




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                                                  Peserta               Kompetensi                    Konten           Metode
                                   Leadership
                                                 Participant            Competence                    Content          Method

                                  EXECUTIVE      Executive     • Inovasi / Driving Innovation                          10:20:70
                                  Leadership     Vice          • Adi Layanan / Customer
                                  Development    President       Focus
                                  Program        (EVP)         • Kepemimpinan Digital /
                                  (ELDP)                         Digital Leadership
                                                               • Kepiawaian Bisnis Global /
                                                                 Global Business Savvy
                                                               • Membangun Jejaring
                                                                 Stratejik / Building Strategic
                                                               • Orientasi Stratejik / Strategic
                                                                 Orientation
                                                               • Mengelola Eksekusi / Driving
                                                                 Execution
                                                               • Mengembangkan Kapabilitas
                                                                 Organisasi / Developing
                                                               • Mengelola Perubahan
                                                                 Leading Change
                                                               • Mengelola Keberagaman /
                                                                 Managing Diversity

                                  STRATEGIC      Vice          • Inovasi / Driving Innovation
                                  Leadership     President     • Adi Layanan / Customer
                                  Dev. Program   (VP)            Focus
                                  (SLDP)                       • Kepemimpinan Digital /
                                                                 Digital Leadership
                                                               • Kepiawaian Bisnis Global /
                                                                 Global Business Savvy                                  10
                                                               • Membangun Jejaring                                   In Class
                                                                 Stratejik / Building Strategic                       Training
                                                               • Orientasi Stratejik / Strategic
                                                                 Orientation
                                                               • Mengelola Eksekusi / Driving
                                                                 Execution
                                                               • Mengembangkan Kapabilitas
                                                                 Organisasi / Developing
                                                               • Mengelola Perubahan
         Lead                                                    Leading Change
                                                               • Mengelola Keberagaman /
       Enterprise                                                Managing Diversity

                                  OPERATIONAL    Manager       • Inovasi / Driving Innovation
      Lead Function               Leadership     (M)           • Adi Layanan / Customer
                                  Development                    Focus

      Lead Others
                                  Program
                                  (OLDP)
                                                               • Kepemimpinan Digital /
                                                                 Digital Leadership
                                                                                                   • Interpersonal
                                                                                                   • Intrapersonal      20
                                                                                                   • Manage          Coaching &
                                                               • Mengelola Eksekusi / Driving
                                                                                                     Business        Mentoring
                                                                 Execution
                                                               • Mengembangkan Kapabilitas         • Leadership
        Lead Self                                                Organisasi / Developing
                                                               • Dorongan Berprestasi /
                                                                 Achievement Drive
                                                               • Pengembangan Diri / Self
                                                                 Development
                                                               • Komunikasi & Persuasi /
                                                                 Communication & Persuation
                                                               • Kontrol Diri / Self Control
                                                               • Resolusi Konflik / Conflict
                                                                 Management
                                                               • Penyelesaiaan masalah &
                                                                 Pengambilan Keputusan /
                                                                Problem Solving & Decision
                                                                Making
                                                               • Empati Sosial / Social                                 70
                                                                 Empathy                                             Experiential
                                                                                                                      Learning
                                                                                                                       (Project
                                  EMERGING       Assisstant    • Inovasi / Driving Innovation                        Assignment
                                  Leadership     Manager       • Adi Layanan / Customer                                , Rotasi
                                  Development    (AM)            Focus                                                Magang)
                                  Program                      • Kepemimpinan Digital /
                                  (MLDP)                         Digital Leadership
                                                               • Mengelola Eksekusi / Driving
                                                                 Execution
                                                               • Mengembangkan Kapabilitas
                                                                 Organisasi / Developing
                                                               • Dorongan Bereprestasi /
                                                                 Achievement Drive
                                                               • Pengembangan Diri / Self
                                                                 Development
                                                               • Komunikasi & Persuasi /
                                                                 Communication & Persuation
                                                               • Kontrol Diri / Self Control
                                                               • Resolusi Konflik / Conflict
                                                                 Management
                                                               • Penyelesaiaan masalah &
                                                                 Pengambilan Keputusan /
                                                                Problem Solving & Decision
                                                                Making
                                                               • Empati Sosial / Social
                                                                 Empathy
                                                               • Kepiawaian Digital / Digital
                                                                 Savvy




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                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




KAI menerapkan model pengembangan yang dilakukan                    KAI applies a development model both individually and
baik secara individual maupun kelompok. Secara                      in groups. Individually, employees are provided with
individual, pegawai diberikan program pengembangan                  development programs based on the 70:20:10 Principle,
sesuai Prinsip 70:20:10, dengan penjelasan sebagai                  as follows:
berikut:

  ● Prinsip 70 dimana pegawai setiap tahun akan                         ● 70 Principle Employees will undergo rotation and
    dilakukan rotasi dan diberikan project assignment                     be assigned special projects each year.
    khusus.
  ● Prinsip 20 dimana       pegawai akan diberikan                      ● 20 Principle Employees will receive coaching from
    pendampingan dari coach internal dan eksternal.                       internal and external coaches.
  ● Prinsip 10 dimana pegawai akan diberikan                            ● 10 Principle Employees will receive training and
    pelatihan dan pengembangan sesuai Learning                            development      according    to   the   Learning
    Development System di atas.                                           Development System outlined above.

Adapun, secara kelompok, pegawai mendapatkan                        Additionally, in groups, employees receive integrated
program pengembangan terintegrasi sesuai Model                      development programs according to the KAI Competency
Kompetensi KAI.                                                     Model.

Biaya Pengembangan Kompetensi                                       Competency Development Costs
Selama tahun 2023, KAI menganggarkan biaya program                  Throughout 2023, KAI allocated a budget of Rp35.65 billion
pengembangan kompetensi sejumlah Rp35,65 milyar                     for the competency development program, with a
dengan realisasi 110,70% atau meningkat dibanding                   realization of 110.70%, which is an increase compared to
realisasi tahun sebelumnya yang hanya 76,40%. Hal ini               the realization of the previous year, which was only
membuktikan komitmen KAI untuk mengembangkan                        76.40%. This demonstrates KAI's commitment to
kompetensi seluruh SDM kami agar mampu mewujudkan                   developing the competencies of all our human resources
pelayanan perkeretaapian yang prima.                                to achieve excellent railway services.

Tabel Biaya Pengembangan Kompetensi                                 Table of Competency Development Costs

                              2023                                                             2022

       Anggaran                 Realisasi           Persentase            Anggaran                  Realisasi       Persentase

   Rp35.650.791.846,-       Rp39.463.995.751,-        110,70%         Rp34.553.559.000-     Rp 26.399.080.000,-       76,40%


Perseroan melaksanakan evaluasi secara berkala terhadap             The Company conducts regular evaluations of the
pelaksanaan pengembangan kompetensi melalui survei                  competency development implementation through
kepuasan terhadap trainer, program atau materi                      surveys on trainer satisfaction, training programs or
pelatihan, hingga fasilitas pelatihan. Perincian hasil              materials, and training facilities. Details of the evaluation
evaluasi sebagai berikut:                                           results are as follows:

Tabel Kepuasan terhadap Trainer                                     Trainer Satisfaction Table

                                                                                            Kepuasan Terhadap Trainer
                                  Nama Balai Pelatihan                                       Satisfaction with Trainer
  No
                                  Training Center Name
                                                                                            2023                   2022

        Balai Pelatihan Teknik Traksi / Tractive Vehicle Engineering Training
   1                                                                                         3,57                   3,54
        Center Darman Prasetyo

        Balai Pelatihan Teknik Perkeretaapian / Railways Engineering Training Center
   2                                                                                        3,48                   3,60
        Sofyan Hadi

        Balai Pelatihan Operasional & Pemasaran / Operational and Marketing Training
   3                                                                                        3,70                    3,58
        Center Agus Suroto

        Balai Pelatihan Sinyal dan Telekomunikasi Listrik / Signalling,
   4                                                                                        3,63                   3,68
        Telecommunication, and Electricity Training Center Bandung

   5    Balai Pelatihan Sriwijaya / Sriwijaya Training Center                                3,73                  3,64

   6    MTNT (Pelatihan non-railways) / MTNT (Non-railways Training)                        3,45                    3,41

 Rata-rata
                                                                                            3,59                   3,58
 Average




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Tabel Kepuasan Program/Materi Pelatihan                             Training Program/Material Satisfaction Table

                                                                                       Kepuasan Program/Materi Pelatihan
                                                                                        Satisfaction with Training Program/
                                  Nama Balai Pelatihan
  No                                                                                                  Material
                                  Training Center Name

                                                                                            2023                     2022

        Balai Pelatihan Teknik Traksi / Tractive Vehicle Engineering Training
   1                                                                                         3,42                    3,47
        Center Darman Prasetyo

        Balai Pelatihan Teknik Perkeretaapian / Railways Engineering Training Center
  2                                                                                          3,45                    3,56
        Sofyan Hadi

        Balai Pelatihan Operasional & Pemasaran / Operational and Marketing Training
  3                                                                                          3,63                    3,48
        Center Agus Suroto

        Balai Pelatihan Sinyal dan Telekomunikasi Listrik / Signalling,
  4                                                                                          3,67                    3,60
        Telecommunication, and Electricity Training Center Bandung

  5     Balai Pelatihan Sriwijaya / Sriwijaya Training Center                                3,69                    3,64

  6     MTNT (Pelatihan non-railways) / MTNT (Non-railways Training)                         3,43                    3,34

 Rata-rata
                                                                                             3,55                    3,52
 Average


Tabel Kepuasan Fasilitas Pelatihan                                  Training Facilities Satisfaction Table

                                                                                           Kepuasan Fasilitas Pelatihan
                                  Nama Balai Pelatihan                                   Satisfaction with Training Facilities
  No
                                  Training Center Name
                                                                                            2023                     2022

        Balai Pelatihan Teknik Traksi / Tractive Vehicle Engineering Training
   1                                                                                         3,38                    3,45
        Center Darman Prasetyo

        Balai Pelatihan Teknik Perkeretaapian / Railways Engineering Training Center
  2                                                                                          3,45                     3,51
        Sofyan Hadi

        Balai Pelatihan Operasional & Pemasaran / Operational and Marketing Training
  3                                                                                          3,63                    3,46
        Center Agus Suroto

        Balai Pelatihan Sinyal dan Telekomunikasi Listrik / Signalling,
  4                                                                                          3,46                    3,54
        Telecommunication, and Electricity Training Center Bandung

  5     Balai Pelatihan Sriwijaya / Sriwijaya Training Center                                3,71                    3,63

  6     MTNT (Pelatihan non-railways) / MTNT (Non-railways Training)                         3,43                    3,35

 Rata-rata
                                                                                             3,52                    3,49
 Average


Rata-Rata Jam Pelatihan Per Tahun Per Pegawai                       Average Training Hours Per Year Per Employee
[GRI 404-1]                                                         [GRI 404-1]
Sebagai bagian dari upaya penerapan keuangan                        As part of its sustainable finance efforts, KAI calculates
berkelanjutan, KAI menghitung dan mengungkapkan                     and discloses the average number of training hours per
jumlah rata-rata jam pelatihan per tahun per pegawai.               employee per year. The results of this calculation will serve
Hasil dari perhitungan tersebut akan menjadi dasar bagi             as the basis for developing the training program for the
upaya pengembangan program pelatihan untuk tahun                    following year. For 2023, KAI included 12,074 employees
selanjutnya. Untuk tahun 2023, KAI mengikutsertakan                 in the training program, with an average of 120 hours of
sejumlah 12.074 pegawai dalam program pelatihan,                    training per male employee per year and 74 hours per
dengan rata-rata jam pelatihan mencapai 120 jam per                 female employee per year. KAI strives to evaluate and
pegawai laki-laki per tahun dan 74 jam per pegawai                  improve so that the average training hours are equal for
perempuan per tahun. KAI berupaya untuk melakukan                   both female and male employees in the future.
evaluasi agar rata-rata jam pelatihan semakin sama bagi
pegawai perempuan dan laki-laki di masa yang akan
datang.




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                                                       Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Rata-rata Jam Pelatihan Pegawai                                           Table of Average Employee Training Hours

                                                                                                                 Rata-rata Jam Pelatihan
                                               Jumlah Pegawai yang
                Uraian                                                                Jam Pelatihan              Setiap Pegawai per 2023
                                               Memperoleh Pelatihan
              Description                                                             Training Hours              Average Training Hours
                                                Training Participants
                                                                                                                   per Employee in 2023

                                                       Berdasarkan Jenis Kelamin
                                                              By Gender

 Laki-laki / Male                                      11.166                           1.339.920                          120

 Perempuan / Female                                     908                               67.192                           74

                                                     Berdasarkan Kategori Jabatan
                                                                By Job Category

 EVP/Kepala Divisi dan setingkat / EVP                    20                              1.500                            75

 VP/Kepala Subdivisi dan setingkat / VP                   74                              4.366                            59

 Manager dan setingkat / Manager                        584                               33.288                           57

 Asisten Manager dan setingkat /
                                                        1.129                             55.321                           49
 Assistant Manager

 Supervisor/Specialist dan setingkat /
                                                       2.792                             287.576                           103
 Supervisor/Specialist

 Pelaksana/Officer dan setingkat / Staff/
                                                       7.474                             986.568                           132
 Officer


Pengembalian Investasi Sumber Daya Manusia                                Human Capital Return on Investment
KAI berfokus pada penciptaan nilai tambah bagi                            KAI focuses on creating value for the company with an
perusahaan dengan pendekatan yang terintegrasi,                           integrated, targeted, measurable, and accountable
terarah, terukur, dan akuntabel melalui penilaian return                  approach through return on investment (ROI)
on investment (ROI). Perusahaan dapat menghitung nilai                    assessment. The company calculates the initial
investasi awal untuk setiap program pengembangan                          investment amount for each employee development
karyawan (initial investment amount) dan manfaat yang                     program and the impact value received by beneficiaries
diterima oleh penerima manfaat (impact value) dari                        from that investment.
investasi tersebut.


                                             2023                       2022                        2021                     2020

 Total Revenue                      Rp35,106,535,574.00          Rp25,577,639,010.00       Rp17,916,775,924.00        Rp18,074,850,763.00

 Total Operating Expenses           Rp27,018,520,240.00          Rp18,540,861,021.00       Rp15,149,306,550.00        Rp16,910,622,755.00

 Jumlah Biaya Terkait
 Pegawai (Gaji dan
 Remunerasi) / Total
                                    Rp8,508,862,202.00           Rp7,238,505,129.00        Rp6,004,282,385.00         Rp5,763,506,021.00
 Employee-Related
 Expenses (Salary and
 Remuneration)

 Human Capital ROI                           1.20                       1.46                        1.97                     1.95




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ASPEK SOSIAL-KEMASYARAKATAN                                   SOCIAL AND COMMUNITY ASPECTS
Dampak Operasi Terhadap Masyarakat Sekitar                    Impact of Operations on Surrounding Communities
[OJK F.23][GRI 3-3, 413-1]                                    [OJK F.23][GRI 3-3, 413-1]
Aktivitas operasional KAI secara umum menghadirkan            KAI's operational activities generally have several positive
sejumlah dampak positif berupa dukungan bagi                  impacts, including support for regional economic
peningkatan ekonomi daerah. Hal ini disebabkan oleh           growth. This is due to increased accessibility and mobility
aksesibilitas dan mobilitas masyarakat yang semakin           for the community. Consequently, KAI's operations
tinggi. Seiring hal tersebut, aktivitas operasional KAI       positively impact regional development acceleration, local
menghadirkan dampak positif berupa dukungan terhadap          workforce absorption, the use of local suppliers, and
percepatan pengembangan wilayah, penyerapan tenaga            contribute to faster inter-regional communication. KAI's
kerja lokal, penggunaan pemasok lokal, hingga                 operations also significantly contribute to the growth of
berkontribusi dalam percepatan komunikasi penduduk            the logistics sector, making the distribution process from
antar-daerah. Aktivitas operasional KAI juga berkontribusi    producers to consumers easier. Another sector benefiting
besar bagi pertumbuhan sektor logistik, seiring semakin       from KAI's operations is tourism, as rail transport meets
mudahnya proses distribusi barang dari produsen menuju        tourists' needs by providing easy access to various
pihak konsumen. Sektor lain yang ikut menerima dampak         destinations.
positif adalah sektor pariwisata, karena moda transportasi
kereta api mampu memenuhi kebutuhan wisatawan
melalui kemudahan akses ke sejumlah destinasi wisata.

Kereta api merupakan moda transportasi yang secara            Railways are fundamentally important as a mode of
mendasar penting sebagai pendukung keterhubungan              transport supporting inter-regional connectivity and
antar wilayah, dan telah menghadirkan kontribusi              have made significant social and economic contributions.
signifikan secara sosial dan ekonomi. Seiring situasi pasca   As the pandemic situation improved in 2023, KAI remained
pandemi, mobilitas masyarakat berangsur meningkat di          committed to being a solution for community needs. For
tahun 2023, KAI berkomitmen untuk tetap hadir sebagai         KAI, the limitations during the pandemic have provided
solusi bagi kebutuhan masyarakat. Bagi KAI, berbagai          momentum to progress together. KAI contributes to
keterbatasan pada situasi pandemi telah menghadirkan          supporting the community's economic circulation by
momentum untuk maju bersama. KAI menghadirkan                 building strategic collaborations with all stakeholders.
kontribusi untuk ikut mendukung perputaran ekonomi            All (100%) of our operations have undergone extensive
masyarakat dengan membangun kolaborasi yang strategis         environmental and social assessments approved by the
dengan segenap pemangku kepentingan. Seluruh (100%)           government and local communities. [GRI 413-1]
operasi kami sudah melewati tahapan panjang penilaian
lingkungan dan sosial yang disetujui terutama oleh
pemerintah dan masyarakat setempat. [GRI 413-1]

Aktivitas operasional KAI secara periodik menghasilkan        KAI's operational activities periodically generate economic
nilai ekonomi yang kemudian disalurkan bagi pemangku          value, which is then distributed to stakeholders through
kepentingan, antara lain melalui program Tanggung             Social and Environmental Responsibility (CSER) programs.
Jawab Sosial dan Lingkungan (TJSL). KAI melaksanakan          KAI implements CSER programs oriented towards
program-program TJSL dengan orientasi mencapai                achieving Sustainable Development Goals (SDGs),
Tujuan Pembangunan Berkelanjutan (Sustainable                 manifested in activities that distribute benefits across
Development Goals/SDGs), diwujudkan dalam kegiatan-           economic, social, and environmental aspects. KAI's CSER
kegiatan penyaluran manfaat yang terbagi ke dalam             programs include KAI DungMas (social services such as
aspek ekonomi, sosial, dan lingkungan. Program TJSL           food package distribution and sacrificial animals), KAI
KAI antara lain, KAI DungMas (bakti sosial seperti paket      Sehat Sejahtera (health improvement assistance), KAI Edu
sembako dan hewan kurban), KAI Sehat Sejahtera                Friend (improving education quality and facilities),
(bantuan peningkatan kesehatan), KAI Edu Friend               Educational Assistance Collaboration with the SOE
(peningkatan kualitas dan fasilitas pendidikan),              Foundation, KAI Pling (assistance in the development of
Kolaborasi Bantuan Pendidikan bersama Yayasan BUMN,           public infrastructure and Rolling Stock, waste
KAI Pling (bantuan pengembangan prasarana dan sarana          management, and tree planting), KAI Sar-I (assistance
umum, pengelolaan sampah, dan penanaman pohon),               for worship Rolling Stock), and KAI Go Green (waste
KAI Sar-I (bantuan sarana ibadah), KAI Go Green               management and tree planting), KAI Partner (MiKA)
(pengelolaan sampah dan penanaman pohon), Mitra KAI           Hasanah (halal certification for partner MSME products),
(MiKA) Hasanah (sertifikasi halal produk UMK mitra),          MiKA Go Global (involving partner MSMEs in domestic
MiKA Go Global (mengikutsertakan UMK mitra dalam              and international exhibitions), MiKA Naik Kelas (training
pameran dalam dan luar negeri), MiKA Naik Kelas               and mentoring for partner MSMEs), UMK Terrace
(pelatihan dan pendampingan UMK mitra), Teras UMK             (providing commercial locations for partner MSMEs
(menyediakan lokasi komersial untuk mitra UMK di              within station environments), and MSME Funding.
lingkungan stasiun), Pendanaan UMK.




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Meski demikian, aktivitas operasional KAI juga                 However, KAI's operational activities also have negative
menghadirkan dampak negatif terhadap masyarakat                impacts on the surrounding community, particularly
sekitar terutama menciptakan perlintasan sebidang jalur        creating level crossings of railway tracks without
kereta api tanpa izin dan/atau tanpa penjaga yang              permission and/or without guards, which can potentially
berpotensi menimbulkan kecelakaan atau kemacetan               lead to accidents or traffic congestion due to vehicle
kendaraan akibat pergerakan kendaraan dari dan menuju          movements to and from the station. Trains have their
stasiun. Kereta api memiliki jalur tersendiri dan tidak        own tracks and cannot stop suddenly, so road users must
dapat berhenti secara tiba-tiba, sehingga masyarakat           give priority to trains. All road users are required to
pengguna jalan harus mendahulukan perjalanan KA.               prioritize train travel when crossing level crossings. This
Seluruh pengguna jalan wajib mendahulukan perjalanan           is in accordance with Law No. 23 of 2007 concerning
kereta api saat melalui perlintasan sebidang. Hal tersebut     Railways and Law No. 22 of 2009 concerning Road Traffic
sesuai UU Nomor 23 Tahun 2007 tentang Perkeretaapian           and Transportation. Unlike general land transport, trains
dan UU Nomor 22 Tahun 2009 tentang Lalu Lintas dan             have characteristics that technically prevent them from
Angkutan Jalan. Berbeda dengan transportasi darat pada         stopping abruptly. Therefore, the Company always urges
umumnya, kereta api memiliki karakteristik yang secara         the public to be more vigilant and cautious before
teknis tidak dapat berhenti secara mendadak. Untuk itu,        crossing level crossings. A level crossing is an area where
Perseroan selalu mengimbau masyarakat agar lebih               a road and a railway track intersect on the same level of
waspada dan berhati-hati sebelum melewati perlintasan          ground. The following are factors that cause trains to be
sebidang. Perlintasan sebidang ialah area antara jalan         unable to brake suddenly:
dan jalur rel kereta api yang berada pada bidang tanah
yang sama. Berikut adalah faktor-faktor yang
menyebabkan kereta api tidak dapat mengerem
mendadak:

  1. Panjang dan Berat Rangkaian Kereta Api                       1. Length and Weight of the Train
     Semakin panjang dan berat rangkaiannya, maka                    The longer and heavier the train, the greater the
     jarak yang dibutuhkan kereta api untuk dapat                    distance required for it to come to a complete stop.
     benar-benar berhenti akan semakin panjang. Kereta               KAI passenger trains consist of 8-12 carriages with
     penumpang KAI terdiri dari 8-12 gerbong kereta                  a weight of up to 600 tons, not including passengers
     dengan bobot mencapai 600 ton, belum termasuk                   and their baggage. Once in motion, a significant
     penumpang dan barang bawaannya. Saat sudah                      amount of energy is needed to stop the train.
     melaju akan dibutuhkan energi yang besar untuk
     membuat rangkaian kereta api berhenti.

  2. Sistem Pengereman                                            2. Braking System
     Pengereman yang dipakai pada kereta KAI pada                    The braking system used on KAI trains generally
     umumnya menggunakan sistem jenis rem udara.                     employs an air brake system. It works by
     Cara kerjanya adalah dengan mengompresi udara                   compressing air, which is stored until braking is
     dan disimpan hingga proses pengereman terjadi.                  required. When the engineer activates the braking
     Saat masinis mengaktifkan sistem pengereman,                    system, the compressed air is distributed through
     udara tadi akan didistribusikan melalui pipa kecil              small pipes along the wheels, creating friction on
     di sepanjang roda dan membuat friksi pada roda.                 the wheels. This friction is what brings the train to
     Friksi ini yang akan membuat kereta berhenti.                   a stop.

     Walaupun kereta api telah dilengkapi dengan sistem              Although trains are equipped with braking systems,
     pengereman, kereta tetap tidak bisa berhenti                    they cannot stop abruptly. Even if the engineer sees
     mendadak. Jadi, meskipun masinis telah melihat                  someone bypassing the crossing barriers and
     ada yang menerobos palang kereta, lalu kemudian                 initiates braking, the train will still need a certain
     melakukan proses pengereman, maka tetap akan                    distance to come to a complete stop. This can lead
     membutuhkan suatu jarak agar kereta benar-benar                 to collisions if the braking distance is not adequate.
     dapat berhenti. Hal inilah yang dapat menyebabkan
     kejadian tabrakan, apabila jarak pengereman tidak
     terpenuhi.

     Sebaliknya, sistem pengereman pada roda                         On the other hand, the braking system involves
     dihubungkan ke piston dan susunan silinder.                     connecting the wheels to pistons and cylinder
     Mekanisme yang mengurangi tekanan udara di                      arrangements. The mechanism that reduces air
     kereta api akan memaksa rem mengunci dengan                     pressure in the train forces the brakes to lock with
     roda. Jika tekanan dilepaskan secara tiba-tiba,                 the wheels. If the pressure is suddenly released, it
     maka akan menyebabkan pengereman yang tidak                     can cause uneven braking, with the brakes
     seragam, sehingga rem bekerja lebih dulu dari titik             engaging before the air is fully expelled. Uneven
     keluarnya udara. Pengereman yang tidak seragam                  braking can lead to the train or carriages derailing,




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      dapat menyebabkan kereta atau gerbong                        skidding, or overturning, which poses a danger to
      tergelincir, terseret, bahkan terguling yang dapat           passengers and workers inside.
      membahayakan penumpang dan pekerja yang
      berada di dalamnya.

Tata cara melintas di perlintasan sebidang sesuai UU         The procedure for crossing a level crossing according to
Nomor 22 Tahun 2009 tentang Lalu Lintas Angkutan Jalan       Law No. 22 of 2009 concerning Road Traffic and
adalah berhenti di rambu tanda "STOP", menengok kiri         Transportation is to stop at the "STOP" sign, look left and
dan kanan baik perlintasan tersebut dijaga maupun tidak,     right regardless of whether the crossing is guarded or
dan memperhatikan palang pintu, suara sirene, dan            not, and pay attention to the crossing gates, siren sounds,
isyarat dari penjaga perlintasan. Jika sirene sudah          and signals from the crossing guard. If the siren sounds
berbunyi dan palang pintu kereta api mulai ditutup, maka     and the railway gates start to close, all road users must
seluruh pengguna jalan wajib untuk menunggu kereta           wait for the train to pass. We urge road users to stop and
api lewat. Kami mengimbau kepada masyarakat                  wait even if they see a train approaching from a distance.
pengguna jalan, walaupun sudah melihat adanya kereta         They should wait until the train has completely passed
api dan masih dalam jarak yang cukup jauh, maka              from both directions. The public is advised to be cautious
seharusnya berhenti terlebih dahulu dan menunggu             when approaching level crossings, follow traffic signs
hingga kereta api tersebut selesai lewat dari kedua arah.    diligently, and ensure the crossing is clear by looking to
Masyarakat diharapkan agar berhati-hati saat akan            the right and left. Only cross when it is confirmed to be
melintasi perlintasan sebidang, disiplin mematuhi rambu-     safe.
rambu, dan memastikan jalur yang akan dilalui sudah
aman dengan melihat kanan dan kiri. Apabila telah yakin
aman, baru melintas.

Namun karena dinamika situasi dan kondisi masyarakat         However, due to the dynamic situations and conditions
pengguna jalan maka sepanjang 2023, KAI mencatat telah       of road users, KAI has recorded 327 incidents at level
terjadi 327 kali kecelakaan di perlintasan sebidang          crossings, with 94 fatalities, 70 people seriously injured,
dengan jumlah korban meninggal sebanyak 94 orang,            and 73 people with minor injuries. Below are some of the
luka berat sebanyak 70 orang, dan luka ringan sebanyak       level crossing accident incidents that occurred in 2023:
73 orang. Berikut beberapa kejadian kecelakaan di
perlintasan sebidang selama 2023 :
   1. Kecelakaan lalu lintas antara mobil dengan KA 423          1. A traffic accident involving a car and KA 423
      Commuterline Dhoho di perlintasan tanpa palang                Commuterline Dhoho occurred at an unguarded
      pintu di KM 85, petak jalan antara Stasiun Jombang-           level crossing at KM 85, between Jombang Station
      Stasiun Sembung pada Sabtu 29 Juli 2023                       and Sembung Station, on Saturday, July 29 th, 2023.
   2. Kecelakaan lalu lintas antara mobil elf dengan KA          2. A traffic accident between an elf minibus and KA
      266 Probowangi relasi Ketapang-Surabaya Gubeng                266 Probowangi, operating between Ketapang and
      di perlintasan tanpa palang pintu pada KM 138+0               Surabaya Gubeng, occurred at an unguarded level
      petak jalan antara Stasiun Randuagung-Stasiun                 crossing at KM 138+0, between Randuagung Station
      Klakah pada Minggu 19 November 2023                           and Klakah Station, on Sunday, November 19th, 2023.
   3. Kecelakaan lalu lintas antara mobil minibus dengan         3. A traffic accident involving a minibus and KA 7330
      KA 7330 Feeder relasi Padalarang-Bandung di                   Feeder, operating between Padalarang and
      perlintasan KM 142+9 petak jalan antara Stasiun               Bandung, took place at level crossing KM 142+9,
      Padalarang-Stasiun Cimahi pada Kamis 14 Desember              between Padalarang Station and Cimahi Station,
      2023                                                          on Thursday, December 14 th, 2023.
   4. Kecelakaan lalu lintas antara truk pick-up dengan          4. A traffic accident between a pick-up truck and a
      KA Commuterline di Kalideres, Jakarta Barat pada              Commuterline train occurred in Kalideres, West
      Kamis 14 Desember 2023                                        Jakarta, on Thursday, December 14 th, 2023.

KAI turut berduka cita, prihatin, dan menyesalkan seluruh    KAI extends its condolences, expresses concern, and
kejadian kecelakaan lalu lintas yang telah terjadi serta     regrets all the traffic accidents that have occurred, and
menyampaikan ucapan turut berbelasungkawa kepada             offers its deepest sympathy to the families of the victims.
para keluarga korban. KAI memohon seluruh pihak sesuai       KAI urges all parties, within their respective authorities,
dengan kewenangannya masing-masing agar lebih                to be more attentive and take action to improve safety
peduli dan memberikan perhatian untuk meningkatkan           systems and enforcement at level crossings.
sistem keselamatan dan penertiban di perlintasan
sebidang.

Sesuai Peraturan Menteri Perhubungan No 94 Tahun 2018        According to Minister of Transportation Regulation No.
wewenang untuk penanganan dan pengelolaan                    94 of 2018, the responsibility for managing and handling
perlintasan sebidang antara jalur KA dan jalan dilakukan     level crossings between railway tracks and roads lies with
oleh pemilik jalannya. Pengelolaaan untuk perlintasan        the road owners. The management of level crossings on




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sebidang yang berada di jalan nasional dilakukan oleh           national roads is handled by the Minister, while those on
Menteri, Gubernur untuk perlintasan sebidang yang berada        provincial roads are managed by the Governor, and those
di jalan provinsi, dan Bupati/Wali Kota untuk perlintasan       on district/city and village roads are managed by the
sebidang yang berada di jalan kabupaten/kota dan desa           Regent/Mayor. For specialized roads used by legal entities
desa, serta badan hukum atau lembaga untuk Jalan                or institutions, the responsibility falls on these entities.
khusus yang digunakan oleh badan hukum atau                     Meanwhile, improvements in safety at railway level
lembaga. Sementara peningkatan keselamatan pada                 crossings, such as making them grade-separated or
perlintasan sebidang kereta api, seperti menjadikan             installing crossing gates where none exist, fall under the
perlintasan tidak sebidang atau pemasangan pintu                jurisdiction of the central or regional government,
perlintasan bagi yang belum terpasang, merupakan                depending on the road class. Currently, there are 3,693
wewenang pemerintah pusat atau daerah sesuai dengan             level crossings on railway tracks, comprising 1,598 (43%)
kelas jalannya. Sampai saat ini, terdapat 3.693 perlintasan     guarded crossings and 2,095 (56%) unguarded crossings.
sebidang jalur kereta api yang terdiri dari 1.598 (43%)         These level crossings are distributed across various types
perlintasan dijaga dan 2.095 (56%) perlintasan tidak dijaga.    of roads, including national, provincial, district/city, village
Perlintasan sebidang tersebut tersebar di berbagai jenis        roads, and specialized roads used by legal entities or
jalan seperti jalan nasional, jalan provinsi, jalan             institutions.
kabupaten/kota dan jalan desa, serta jalan khusus yang
digunakan oleh badan hukum atau lembaga.

Selain itu, KAI juga selalu menekankan, agar pemilik jalan      Additionally, KAI consistently emphasizes that road owners,
sesuai kelasnya melakukan evaluasi keselamatan atas             according to their class, should conduct safety evaluations
keberadaan perlintasan sebidang di wilayahnya.                  of level crossings in their areas. Many level crossings pass
Keberadaan perlintasan sebidang di sebagian tempat              through residential areas and industrial zones, making
melewati pemukiman warga dan daerah industri, sehingga          them prone to accidents. Each level crossing must be
rawan terjadi kecelakaan. Setiap perlintasan sebidang           evaluated at least once a year by the Director General of
yang ada harus dilakukan evaluasi paling sedikit 1 (satu)       the Ministry of Transportation for national roads, the
tahun sekali oleh Direktur Jenderal Kementerian                 Governor for provincial roads, and the Regent/Mayor for
Perhubungan untuk jalan nasional, Gubernur untuk jalan          district/city and village roads. The evaluation results should
provinsi, dan Bupati/Walikota untuk jalan kabupaten/kota        include recommendations on whether the crossing
dan jalan desa. Hasil evaluasi tersebut disertai                should be grade-separated, closed, or improved with safety
rekomendasi apakah perlintasan tersebut dibuat                  measures such as signage, gates, barriers, traffic lights,
menjadi tidak sebidang, ditutup, atau ditingkatkan              lighting, markings, audio signals, and crossing guards.
keselamatannya dengan memasang rambu-rambu,
portal, palang pintu, isyarat lampu, penerangan, tulisan,
suara, dan penjaga perlintasan sebidang. KAI juga

berkontribusi untuk memitigasi risiko timbulnya                 KAI also contributes to mitigating the risk of unauthorized
perlintasan sebidang liar atau tidak resmi di jalur kereta      or informal level crossings on railway tracks. Our personnel
api. Petugas kami selalu melakukan pengecekan rutin             routinely conduct thorough inspections along the tracks.
dan menyeluruh di sepanjang lintasan. Ketika ditemukan          When an informal or unauthorized crossing is found, KAI
adanya perlintasan liar atau tidak resmi, KAI berkoordinasi     coordinates with local road owners to close the crossing
dengan pemilik jalan setempat untuk melakukan                   and conduct safety awareness campaigns about railway
penutupan perlintasan sekaligus melakukan sosialisasi           travel. Over the past few years, from 2019 to 2023, KAI has
keselamatan perjalanan kereta api. Pada kurun waktu             closed 1,369 level crossings, with implementation spread
beberapa tahun terakhir sejak 2019 sampai 2023, KAI             across various Operational Areas (Daop) and Regional
melakukan penutupan perlintasan sebidang sebanyak               Divisions (Divre). Additionally, KAI has also conducted
1.369 perlintasan dengan pelaksanaan yang tersebar di           safety socialization related to level crossings regularly
setiap wilayah Daerah Operasi (Daop) dan Divisi Regional        every year. From 2022 to 2023, a total of 2,067 socialization
(Divre). Selain itu, KAI juga telah melakukan sosialisasi       events were carried out in collaboration with
terkait keselamatan di perlintasan sebidang secara rutin        communities, the Department of Transportation, Jasa
setiap tahunnya. Pada tahun 2022 sampai 2023, sebanyak          Marga, the Directorate General of Railways, and the Police.
2067 kali sosialisasi telah dilakukan yang bekerja sama         [GRI 413-2]
dengan komunitas, Dinas Perhubungan, Jasa Marga,
Direktorat Jenderal Perkeretaapian, serta Kepolisian.
GRI 413-2]




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KAI berharap peran aktif semua pihak untuk dapat              KAI hopes for the active role of all parties to enhance
melakukan peningkatan keselamatan pada perlintasan            safety at level crossings for the well-being of everyone.
sebidang     demi     keselamatan    bersama.      KAI        On June 15 th, 2023, KAI held a national seminar themed
menyelenggarakan seminar nasional dengan tema                 “Enhancing Security and Safety at Level Crossings on
Peningkatan Keamanan dan Keselamatan di Perlintasan           Railway Tracks” in Surabaya. The seminar was attended
Sebidang Jalur Kereta Api bertempat di Surabaya pada          by representatives from the Ministry of Transportation,
15 Juni 2023. Kegiatan Seminar ini dihadiri oleh              Ministry of Finance, Ministry of Public Works and Spatial
Kementerian Perhubungan, Kementerian Keuangan,                Planning, Ministry of Home Affairs, National Transportation
Kementerian Pekerjaan Umum dan Penataan Ruang,                Safety Committee, Indonesian National Armed Forces,
Kementrian Dalam Negeri, Komite Nasional Keselamatan          transportation advocates, the East Java Provincial
Transportasi, Tentara Nasional Indonesia, Pemerhati           Government, East Java Police, and other stakeholders,
Transportasi, Pemerintah Provinsi Jawa Timur, Polisi          including KAI's Board of Commissioners and Directors.
Daerah Jawa Timur beserta stakeholder lainnya bersama
jajaran Komisaris dan Direksi KAI.

Kegiatan seminar nasional ini diselenggarakan dengan          The seminar was conducted with a discussion and
konsep diskusi dan sharing pengalaman terkait                 experience-sharing format regarding the conditions at
gambaran kondisi perlintasan sebidang kepada para             level crossings. It aimed to refresh knowledge on
pemangku kepentingan sekaligus penyegaran terkait izin/       regulations and guidelines concerning crossings and/or
peraturan perpotongan dan/atau persinggungan antara           intersections between railway tracks and other
jalur kereta api dan bangunan lain. Tujuan seminar ini        structures. The objective was to align perceptions about
untuk menyamakan persepsi seputar aturan tentang              safety regulations at level crossings among all
keselamatan di perlintasan sebidang kepada seluruh            stakeholders. This shared understanding is expected to
pemangku kepentingan. Selanjutnya melalui satu                motivate all parties to collaboratively develop a culture
kesepahaman tersebut dapat memotivasi seluruh pihak           and maintain performance in safety and security. The
untuk bersama-sama mengembangkan budaya dan                   meeting also aimed to build synergy between KAI and
mempertahankan kinerja keamanan dan keselamatan.              stakeholders to prevent accidents at railway level
Pertemuan ini juga berfungsi untuk membangun sinergi          crossings. We hope that the solutions discussed will be
KAI dengan para pemangku kepentingan dalam                    more effective and help minimize accidents at these
mencegah kecelakaan di perlintasan sebidang jalur kereta      crossings.
api. Kami berharap solusi penanganan dapat lebih efektif
dan terwujud untuk meminimalisasi kecelakaan di
perlintasan sebidang.

Identifikasi dan Strategi dalam Memenuhi Hak                  Identification and Strategy in Fulfilling the Rights of
Masyarakat Adat atau Masyarakat Setempat [GRI 413-2]          Indigenous Peoples or Local Communities [GRI 413-2]
KAI memiliki komitmen kuat untuk menerapkan                   KAI has a strong commitment to fulfilling the rights of
pemenuhan hak-hak masyarakat setempat di sekitar area         local communities around its operational areas,
operasional, sebagai unsur pemangku kepentingan yang          recognizing them as significant stakeholders for the
berdampak secara signifikan bagi Perseroan. Secara            company. Specifically, fulfilling the rights of surrounding
khusus, pemenuhan hak-hak masyarakat sekitar juga             communities also includes respecting the rights of
mencakup pemenuhan terhadap hak-hak masyarakat                indigenous peoples, as a form of KAI's acknowledgment
adat, sebagai wujud pengakuan KAI terhadap keberadaan         of the traditions and cultural heritage of various ethnic
tradisi dan warisan budaya dari berbagai komunitas etnis      communities around our operational areas.
yang ada di sekitar wilayah operasional kami.

Sampai akhir 2023, seluruh aktivitas operasional KAI tidak    As of the end of 2023, all of KAI's operational activities
memiliki persinggungan secara langsung dengan praktik         do not directly intersect with the customs or cultural
adat ataupun warisan budaya masyarakat adat tertentu.         heritage practices of any specific indigenous community.
[GRI 411-1]                                                   [GRI 411-1]




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Pengaduan Masyarakat [OJK F.24]                                           Community/Public Complaints [OJK F.24]
KAI memiliki sarana yang terbuka dan dapat                                KAI provides open and easily accessible channels for
dimanfaatkan        dengan    mudah   oleh   pemangku                     stakeholders to report or file complaints regarding
kepentingan untuk melaporkan atau menyampaikan                            findings that contradict ethics, integrity, and societal
pengaduan atas temuan yang bertentangan dengan                            norms; complaints about suspected regulatory violations
etika, integritas, dan norma masyarakat; pengaduan atas                   or environmental pollution; and other grievances. These
dugaan pelanggaran peraturan atau pencemaran                              community complaints can be submitted through KAI's
lingkungan hidup; hingga pengaduan-pengaduan                              Whistleblowing System (WBS), in addition to other
lainnya. Pengaduan masyarakat tersebut dapat                              mechanisms such as the gratuity complaint mechanism
disampaikan melalui Whistleblowing System (WBS) yang                      and code of ethics violation reporting.
dimiliki oleh KAI, di samping mekanisme lain seperti                      [GRI 2-25, 2-26, 413-1]
mekanisme pengaduan gratifikasi dan pelanggaran kode
etik. [GRI 2-25, 2-26, 413-1]

Pengungkapan mengenai mekanisme WBS, kebijakan                            Disclosure regarding the WBS mechanism, gratuity policy,
gratifikasi, penegakan kode etik, serta seluruh                           code of ethics enforcement, and all reported violations
pelanggaran yang masuk dan telah ditindaklanjuti untuk                    that were addressed in 2023 is presented in the Corporate
tahun 2023, telah disajikan pada bab Tata Kelola                          Governance chapter.
Perusahaan.

Selain itu, KAI memiliki saluran pengaduan untuk                          Additionally, KAI has complaint channels for the public,
masyarakat mencakup konsumen jasa KAI berupa layanan                      including KAI service consumers, through offline/onsite
offline/onsite di antaranya Customer Service on Station                   services such as Customer Service on Station and Ticket
dan Booth Penjualan Tiket di Stasiun. Adapun, untuk                       Sales Booths at Stations. For online services, KAI offers
layanan online, KAI memiliki layanan formal seperti                       formal channels such as email, telephone, and text
alamat surat elektronik, telepon, dan pesan teks serta                    messages, as well as services through KAI's official social
layanan melalui akun-akun resmi KAI pada media sosial,                    media accounts, including Instagram, Facebook, Twitter,
antara lain Instagram, Facebook, Twitter, hingga Tiktok.                  and TikTok.

Selama 2023, KAI menerima 44.735 pengaduan                                In 2023, KAI received 44,735 community complaints and
masyarakat dan kami berhasil menindaklanjuti pengaduan                    successfully addressed these complaints with a resolution
tersebut dengan tingkat penyelesaian mencapai 100%.                       rate of 100%. Details can be seen in the table below:
Perincian mengenai hal tersebut dapat dilihat melalui
tabel di bawah ini:

Tabel Jumlah Pengaduan yang Diterima Berdasarkan                          Table of Complaints Received by Reporting Media
Media Pelaporan

                    Media Pelaporan                              Jumlah Keluhan yang Diterima
                                                                                                                        Status
                 Reporting Media Jumlah                          Number of Complaints Received

 Customer Care Customer Service on Station                                     3.847                                    Closed

 Customer Care Direct (121)                                                      19                                     Closed

 Customer Care Email (121)                                                     12.122                                   Closed

 Customer Care Outbound (121)                                                     0                                     Closed

 Customer Care Inbound Phone (121 DRC Bandung)                                   38                                     Closed

 Customer Care Inbound Phone (121 Jakarta)                                      839                                     Closed

 Customer Care Social Media (Facebook KAI121)                                   2.719                                   Closed

 Customer Care Social Media (Instagram KAI121_)                                5.545                                    Closed

 Customer Care Social Media (Twitter KAI121)                                   15.354                                   Closed

 Customer Care Social Media (TikTok KAI121)                                      26                                     Closed

 Customer Care Web Lapor                                                          7                                     Closed

 Customer Care Whatsapp Center (KAI121)                                         4.219                                   Closed

                       Jumlah / Total                                          44.735                                   Closed

*) Open Case adalah pengaduan yang belum diselesaikan                     *) Open Case is complaint that have not been resolved
*) Closed Case adalah pengaduan yang sudah diselesaikan                   *) Closed Case is a complaint that have been resolved




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Kegiatan Tanggung Jawab Sosial Lingkungan (TJSL)              Social and Environmental Responsibility (CSER)
[OJK F.25]                                                    [OJK F.25]
KAI melaksanakan program Tanggung Jawab Sosial dan            KAI implements the Social and Environmental
Lingkungan (TJSL) sebagai wujud komitmen dalam                Responsibility (CSER) program as a commitment to
mendukung pencapaian pembangunan berkelanjutan,               supporting sustainable development by delivering
dengan menyalurkan manfaat ekonomi, sosial,                   economic, social, and environmental benefits, as well as
lingkungan, serta menerapkan pemenuhan pada aspek             adhering to legal and governance aspects. This is carried
hukum dan tata kelola. Hal tersebut dilaksanakan              out based on integrated, targeted, measurable, and
berdasarkan prinsip pengelolaan yang terintegrasi,            responsible management principles, forming an
terarah, terukur dampaknya, serta bertanggung jawab,          inseparable part of the company's business approach.
sebagai bagian yang tidak terpisahkan dari pendekatan
bisnis Perseroan.

Program TJSL KAI dilaksanakan dengan berorientasi pada        KAI's CSER program is oriented towards achieving the
pencapaian Tujuan Pembangunan Berkelanjutan di                Sustainable Development Goals (SDGs) in Indonesia and
Indonesia serta berpedoman pada ISO 26000, sebagai            is guided by ISO 26000, ensuring that the program
upaya menjaga pelaksanaan program tetap terukur,              remains measurable, impactful, and sustainable.
berdampak, dan berkelanjutan.

KAI merupakan entitas BUMN, dan karenanya,                    KAI, as a State-Owned Enterprise (SOE), implements the
melaksanakan program TJSL sesuai ketentuan di dalam           TJSL program in accordance with the provisions in the
Peraturan Menteri BUMN Nomor PER-6/MBU/09/2022                Minister of State-Owned Enterprises Regulation Number
Perubahan atas Peraturan Mentri Badan Usaha Milik             PER-6/MBU/09/2022, amending the Minister of State-
Negara Nomor PER-05/MBU/04/2021 Tentang Program               Owned Enterprises Regulation Number PER-05/MBU/
Tanggung Jawab Sosial dan Lingkungan Badan Usaha              04/2021 concerning the Social and Environmental
Milik Negara. Sesuai ketentuan tersebut, program TJSL         Responsibility Program for State-Owned Enterprises.
KAI diarahkan untuk memenuhi tujuan-tujuan sebagai            According to these provisions, KAI's TJSL program is
berikut:                                                      directed towards achieving the following objectives:
  a. Memberikan kemanfaatan bagi pembangunan                         a. Provide   benefits    for economic,    social,
      ekonomi, pembangunan sosial, pembangunan                          environmental,     legal, and    governance
      lingkungan serta pembangunan hukum dan tata                       development for the company.
      kelola bagi perusahaan.
  b. Berkontribusi pada penciptaan nilai tambah bagi                   b. Contribute to creating added value for the
      perusahaan dengan prinsip yang terintegrasi,                        company with integrated, targeted, measurable,
      terarah dan terukur dampaknya serta akuntabel.                      and accountable principles.
  c. Membina usaha mikro dan usaha kecil agar lebih                    c. Foster micro and small enterprises to become
      tangguh dan mandiri serta masyarakat sekitar                        more resilient and independent, as well as support
      perusahaan.                                                         the communities around the company.

Pada tahun 2023, KAI melaksanakan kegiatan-kegiatan           For 2023, KAI mapped CSER activities into the 17
TJSL dalam rangka mendukung Tujuan Pembangunan                Sustainable Development Goals (SDGs) in Indonesia, with
Berkelanjutan (TPB) di Indonesia, dengan pengungkapan         the following disclosure:
sebagai berikut:

                           Tujuan Pembangunan
  Jenis Kegiatan TJSL       Berkelanjutan (TPB)                   Penjelasan                        Capaian
      TJSL Activity       Sustainable Development                 Description                     Achievements
                                Goals (SDGs)

 KAI DungMas              TPB 2 Tanpa Kelaparan /     Bakti sosial KAI kepada           Telah dilaksanakan 77 kegiatan
                          SDG 2 Zero Hunger           masyarakat seperti                untuk masyarakat sekitar
                                                      memberikan paket sembako          operasional di DKI Jakarta, Banten,
                                                      dan hewan kurban. / Social        Jawa Barat, Jawa Tengah, Jawa
                                                      Welfare Contributions by KAI      Timur, DI Yogyakarta, Lampung,
                                                      to the community, such as         Sumatera Utara, Sumatera Selatan,
                                                      providing food packages and       Sumatera Barat, dan Aceh dengan
                                                      sacrificial animals.              Realisasi Dana : Rp 4.505.945.908 /
                                                                                        77 activities have been carried out
                                                                                        for communities around
                                                                                        operations in DKI Jakarta, Banten,
                                                                                        West Java, Central Java, East Java,
                                                                                        Yogyakarta, Lampung, North
                                                                                        Sumatra, South Sumatra, West
                                                                                        Sumatra, and Aceh, with a fund
                                                                                        realization of Rp4,505,945,908.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




                           Tujuan Pembangunan
  Jenis Kegiatan TJSL       Berkelanjutan (TPB)                 Penjelasan                            Capaian
      TJSL Activity       Sustainable Development               Description                         Achievements
                                Goals (SDGs)

  KAI Sehat Sejahtera     TPB 3 Kehidupan Sehat        Memberikan bantuan                Telah dilaksanakan 10 kegiatan di
                          dan Sejahtera / SDG 3        kesehatan kepada                  DKI Jakarta, Banten, Jawa Barat,
                          Good Health and Well-        penumpang, pegawai, dan           Jawa Tengah, Jawa Timur,
                          Being                        masyarakat sekitar seperti        Sumatera Selatan, Sumatera Barat
                                                       vaksinasi, ambulance, dan         dengan Realisasi Dana : Rp
                                                       pengobatan. / Health              1.943.615.431,- / 10 activities have
                                                       assistance provided to            been carried out in DKI Jakarta,
                                                       passengers, employees, and        Banten, West Java, Central Java,
                                                       the surrounding community,        East Java, South Sumatra, and
                                                       including vaccinations,           West Sumatra, with a fund
                                                       ambulance services, and           realization of Rp1,943,615,431.
                                                       medical treatments.

  KAI EduFriend           TPB 4 Pendidikan             Program peningkatan               Telah dilaksanakan 51 kegiatan
                          Berkualitas / SDG 4          kualitas, pendampingan            untuk Sekolah/Yayasan Pendidikan
                          Quality Education            belajar, perbaikan sarana dan     sekitar operasional di DKI Jakarta,
                                                       prasarana dalam belajar           Jawa Barat, Jawa Tengah, Jawa
                                                       mengajar, memberikan              Timur, Lampung, Sumatera Utara,
                                                       beasiswa serta pelatihan-         Sumatera Selatan, Sumatera Barat
                                                       pelatihan untuk masyarakat. /     dengan Realisasi Dana : Rp
                                                       Programs aimed at                 1.605.089.816,- / 51 activities have
                                                       improving educational             been carried out for schools/
                                                       quality, mentoring,               educational foundations around
                                                       infrastructure enhancement        operations in DKI Jakarta, West
                                                       for teaching and learning,        Java, Central Java, East Java,
                                                       providing scholarships, and       Lampung, North Sumatra, South
                                                       conducting training sessions      Sumatra, and West Sumatra, with
                                                       for the community                 a fund realization of
                                                                                         Rp1,605,089,816.

  Kolaborasi Bantuan      TPB 4 Pendidikan             Pemberian dana bantuan            Telah dilaksanakan di Jakarta
  Pendidikan /            Berkualitas / SDG 4          pendidikan kepada Yayasan         dengan Realisasi Dana : Rp
  Collaboration in        Quality Education            BUMN. / Financial aid             1.705.000.000,- / Activities have
  Education Assistance                                 provided to BUMN                  been carried out in Jakarta with a
                                                       Foundations                       fund realization of
                                                                                         Rp1,705,000,000.

  KAI-Pling/Peduli        TPB 11 Kota dan              KAI – Pling (Kereta Api Peduli    (KAI Pling) Telah dilaksanakan 58
  Lingkungan / KAI-       Pemukiman yang               Lingkungan) program atas          kegiatan untuk masyarakat sekitar
  Pling/Peduli            Berkualitas / SDG 11         kepedulian KAI terhadap           operasional di DKI Jakarta, Jawa
  Lingkungan              Sustainable Cities and       lingkungan, sarana dan            Barat, Jawa Tengah, Jawa Timur, DI
                          Communities                  prasarana umum,                   Yogyakarta, Sumatera Utara,
                                                       pengelolaan sampah, serta         Sumatera Selatan dengan Realisasi
                                                       penanaman pohon yang              Dana : Rp 2.848.246.177,- / (KAI
                                                       berada di sekitar proses bisnis   Pling) 58 activities have been
                                                       KA. / Support programs for        carried out for communities
                                                       the community aimed at            around operations in DKI Jakarta,
                                                       enhancing comfort in              West Java, Central Java, East Java,
                                                       worship Rolling Stock             Yogyakarta, North Sumatra, and
                                                       through construction and          South Sumatra, with a fund
                                                       renovation of worship             realization of Rp2,848,246,177.
                                                       infrastructure

  KAI Sar-I/Sarana        TPB 11 Kota dan              Program dukungan untuk            Telah dilaksanakan 63 kegiatan
  Ibadah                  Pemukiman yang               masyarakat dalam                  untuk masyarakat sekitar
                          Berkualitas / SDG 11         meningkatkan kenyamanan           operasional di Bali, DKI Jakarta,
                          Sustainable Cities and       dalam beribadah berupa            Jawa Barat, Jawa Tengah, Jawa
                          Communities                  pembangunan dan renovasi          Timur, DI Yogyakarta, Lampung,
                                                       sarana ibadah. / Support          Sumatera Utara, Sumatera Selatan,
                                                       program for society to            Sumatera Barat dengan Realisasi
                                                       increase their comfort in         Dana : Rp 1.726.089.400,- / 63
                                                       worship by construct and          activities have been carried out for
                                                       renovate religion worship         communities around operations in
                                                       buildings.                        Bali, DKI Jakarta, West Java,
                                                                                         Central Java, East Java,
                                                                                         Yogyakarta, Lampung, North
                                                                                         Sumatra, South Sumatra, and
                                                                                         West Sumatra, with a fund
                                                                                         realization of Rp1,726,089,400.




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                           Tujuan Pembangunan
  Jenis Kegiatan TJSL       Berkelanjutan (TPB)                   Penjelasan                        Capaian
      TJSL Activity       Sustainable Development                 Description                     Achievements
                                Goals (SDGs)

 KAI Go Green             TPB 15 Ekosistem Darat /    Program Pelestarian Alam,         Telah dilaksanakan 22 kegiatan
                          SDG 15 Life on Land         pengelolaan sampah, serta         untuk lingkungan hidup sekitar
                                                      penanaman pohon yang              operasional di DKI Jakarta, Banten
                                                      berada di sekitar proses bisnis   Jawa Barat, Jawa Tengah, Jawa
                                                      KAI. / Environmental              Timur, DI Yogyakarta, Lampung,
                                                      preservation programs, waste      Sumatera Utara, Sumatera Selatan,
                                                      management, and tree              Sumatera Barat dengan Realisasi
                                                      planting around KAI's             Dana : Rp 665.635.000,- / 22
                                                      business processes                activities have been carried out for
                                                                                        environmental conservation
                                                                                        around operations in DKI Jakarta,
                                                                                        Banten, West Java, Central Java,
                                                                                        East Java, Yogyakarta, Lampung,
                                                                                        North Sumatra, South Sumatra,
                                                                                        and West Sumatra, with a fund
                                                                                        realization of Rp665,635,000.


 Total Realisasi Dana Program TJSL / Total Realization of CSER Program Funds            Rp 14.999.621.732,-


Selain program-program TJSL, KAI juga melakukan               In addition to TJSL programs, KAI also makes broader
kontribusi yang lebih luas terutama untuk kesejahteraan       contributions, especially towards community welfare
masyarakat pada TPB 8 Pekerjaan Layak dan Pertumbuhan         under SDG 8 (Decent Work and Economic Growth). KAI
Ekonomi.      KAI     memberikan    pendanaan      untuk      provides funding to enhance the capabilities of micro
meningkatkan kemampuan para pelaku usaha mikro dan            and small business operators to become resilient and
usaha kecil agar menjadi tangguh dan mandiri. KAI             self-reliant. This includes providing business capital loans
melakukan pemberian bantuan pinjaman modal usaha              to UMK through Bank BRI, as outlined in the Ministry of
kepada UMK melalui Bank BRI sesuai surat Kementrian           SOEs Letter Number: S-721/MBU/11/2022 dated November
BUMN Nomor : S-721/MBU/11/2022 tanggal 10 November            10 th, 2022, regarding the 'Micro and Small Business
2022 tentang "Kerjasama Program pendanaan Usaha               Funding Program Cooperation.' The PUMK funds
Mikro dan Usaha Kecil ("Kerja Sama Program PUMK").            distributed through Bank BRI cover regions such as
Penyaluran dana PUMK yang disalurkan melalui Bank             Bandung, Malang, Medan, Padang, Purwokerto, and
BRI terdiri dari wilayah Bandung, Malang, Medan, Padang,      Yogyakarta, with plans to gradually expand to other areas
Purwokerto dan Yogyakarta, dan secara bertahap akan           in Indonesia. In 2023, KAI provided Rp3,800,000,000 to
terus memperluas cakupan wilayah penyaluran ke                Bank BRI, benefiting 73 UMK, bringing the total number
sejumlah wilayah Indonesia lainnya. Pada tahun 2023,          of UMK supported by the company to 2,644. Additionally,
KAI menyalurkan pendanaan modal usaha kepada Bank             KAI implements various mentoring programs, such as:
BRI sebesar Rp 3.800.000.000,- yang baru tersalurkan
kepada 73 UMK, sampai dengan tahun 2023 total UMK
yang dibina oleh perseroan sebanyak 2.644 UMK. Tidak
hanya itu, KAI juga melakukan program-program
pembinaan seperti :

  1. MiKA Hasanah. Program sertifikasi mitra binaan yang            1. MiKA Hasanah: A certification program for partner
     bertujuan untuk meningkatkan tingkat kepercayaan                  enterprises aimed at enhancing consumer trust in
     konsumen kepada produk mitra binaan, meliputi                     their products, including Halal Certification and
     Sertifikasi Halal dan Produk Halal, Brand Operation               Product, Brand Operation, and Online Single
     dan Online Single Submission (OSS)                                Submission (OSS).
  2. MiKA Go Global. Program yang mengikutsertakan                  2. MiKA Go Global: A program that involves partner
     mitra binaan dalam pameran yang diselenggarakan                   enterprises in exhibitions held by external parties
     oleh pihak eksternal dalam negeri maupun luar                     both domestically and internationally to introduce
     negeri untuk memperkenalkan produk mitra binaan                   their products to a wider audience. In 2023, KAI
     kepada khalayak yang lebih luas. Pada 2023, KAI                   successfully participated in exhibitions such as The
     berhasil mengikutsertakan mitra binaan pada The                   23rd Jakarta International Handicraft Trade Fair
     23rd Jakarta International Handicraft Trade Fair                  (InaCraft) at the Jakarta Convention Center, UMAMI
     (InaCraft) di Jakarta Convention Center, Pameran                  ARENA Exhibition in Norway, Craft Exhibition, UMKM
     UMAMI ARENA di Norwegia, Pameran Kriya, Bazar                     Bazaar for Indonesia, and Yatimpreneur.
     UMKM untuk Indonesia, dan Yatimpreneur




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                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  3. MiKA Next Class. Pelatihan dan pendampingan                3. MiKA Next Class: Training and mentoring sessions
     seperti penanganan krisis, innovation and                     covering crisis management, innovation and
     improvement, manajemen keuangan, content                      improvement, financial management, content
     creator, digital marketing, dan teknik foto produk            creation,   digital    marketing,    and    product
     yang diberikan kepada mitra binaan. KAI berharap              photography techniques provided to partner
     usaha mereka bisa naik kelas dengan memenuhi                  enterprises. KAI aims to help these businesses
     minimal 2 kriteria pada peningkatan jumlah pegawai,           elevate their status by meeting at least two criteria
     peningkatan nilai pinjaman, peningkatan kapasitas             for increasing employees, loan values, production
     produksi, peningkatan omzet, pelibatan masyarakat             capacity, revenue, involving the local community
     sekitar untuk menghasilkan produk, pemasaran                  in product creation, marketing products outside
     produk di luar kota/negeri, dan atau memperoleh               their city/country, and/or obtaining national/
     sertifikat nasional/internasional.                            international certifications.
  4. Teras MiKA. Program untuk mendukung UMK                    4. Teras MiKA: A program to support UMK in enhancing
     meningkatkan kemampuan dan menambah                           their capabilities and increasing income by
     pendapatan dengan menyediakannya lokasi di area               providing them locations in commercial areas at
     komersial KAI di stasiun-stasiun kereta api.                  KAI railway stations.

KAI melaksanakan tujuan berkontribusi pada penciptaan        KAI carries out its goal of contributing to value creation
nilai tambah bagi perusahaan dengan prinsip yang             for the company through principles that are integrated,
terintegrasi, terarah dan terukur dampaknya serta            targeted, and measurable in their impact, as well as
akuntabel lewat penilaian return on investment. ROI          accountable through the assessment of return on
mengukur dan menggali seberapa besar nilai sosial,           investment (ROI). ROI measures and explores the extent
lingkungan      dan   ekonomi    yang   tercipta  dari       of social, environmental, and economic value created from
implementasi program dengan membandingkan net                program implementation by comparing the net present
present value of benefits (total outcome dari aspek          value of benefits (the total outcome from economic,
ekonomi, sosial, dan lingkungan) dengan net present          social, and environmental aspects) with the net present
value of investment (keseluruhan input baik dana,            value of investment (all inputs including funds, goods,
barang, dan waktu). Perusahaan dapat memperkirakan           and time). The company can estimate the investment
nilai investasi yang dikeluarkan untuk setiap program        value expended for each established program (initial
yang ditetapkan (initial investment amount) dan nilai        investment amount) and the benefit value received by
manfaat atas investasi yang diterima oleh penerima           the beneficiaries (impact value).
manfaat (impact value).

Pada tahun 2023, Teras MiKA mendapatkan skor SROI            In 2023, Teras MiKA achieved an SROI score of 2.00. The
sebesar 2.00. Program Teras MiKA merupakan program           Teras MiKA program is a community development
pengembangan masyarakat sebagai wujud tanggung               initiative representing KAI's social responsibility aimed
jawab sosial KAI untuk peningkatan kesejahteraan             at improving the economic welfare and quality of life for
ekonomi dan kualitas hidup para pelaku UMK Mitra             micro and small business operators supported by the
Binaan Perseroan.                                            Company.




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PT KAI (Persero) memberikan input sebesar Rp                  PT KAI (Persero) provided input amounting to Rp
301.253.863,- yang dirincikan sebagai berikut :               301,253,863 which was detailed as follows:
  1. Tempat berjualan offline yang dinamakan Teras              1. An offline sales area called Teras UMK on the south
     UMK di sisi selatan Stasiun Bandung untuk 25 pelaku           side of Bandung Station for 25 MSMEs.
     UMK.
  2. Online training sistem Point of Sales (PoS) sebanyak         2. Online Point of Sales (PoS) system training conducted
     satu kali kepada 25 pelaku UMK.                                 once for 25 MSMEs.
  3. 4 (empat) hardware dengan sistem Point of Sales              3. 4 hardware units equipped with a Point of Sales
     (PoS).                                                          (PoS) system.
  4. 2 (dua) pramuniaga untuk membantu melayani                   4. 2 sales assistants to help serve customers and
     konsumen dan menjalankan operasional toko Teras                 operate the Teras UMK store.
     UMK.
  5. 14 pak kantong kresek ramah lingkungan yang                  5. 14 packs of environmentally friendly bags made
     terbuat dari singkong                                           from cassava.

Input tersebut menghasilkan outcome sebagai berikut           This input generated the following outcomes:
:
   1. Mengembangkan bisnis bagi 25 pelaku UMK di Kota             1. Developed businesses for 25 MSMEs in Bandung
      Bandung melalui kasir digital (efisiensi dan akurasi           by providing digital cashier systems (enhancing
      pencatatan transaksi penjualan dan stok produk),               efficiency and accuracy in recording sales
      tempat berjualan offline di Stasiun Bandung                    transactions and product stock), an offline sales
      (memperluas pasar), dan bantuan pramuniaga.                    area at Bandung Station (expanding the market),
                                                                     and assistance from sales assistants.
  2. Meningkatkan pendapatan pelaku UMK dengan total              2. Increased MSME players' income with total sales of
     penjualan sebanyak 7188 produk UMK (fesyen,                     7,188 MSME products (fashion, food, beverages, and
     makanan, minuman, dan kerajinan) secara offline                 crafts) by station visitors and employees.
     oleh pengunjung stasiun maupun karyawan.
  3. Meningkatkan      reputasi   Perseroan   sebagai             3. Enhanced the company's reputation as a corporation
     perusahaan yang tidak hanya peduli pelaku usaha                 that cares not only for micro and small businesses
     mikro dan kecil, namun juga lingkungan dengan                   but also for the environment by continuing to
     tetap menyediakan kantong kresek berbahan alami                 provide natural cassava-based bags.
     dari singkong.
  4. Meningkatkan reputasi dan pendapatan mitra iSeller           4. Improved the reputation and income of iSeller
     selaku penyedia aplikasi kasir digital                          partners as providers of digital cashier application.
  5. Meningkatkan     kepuasan      pengunjung    atas            5. Increased customer satisfaction with the addition
     penambahan fasilitas berbelanja di Stasiun                      of shopping facilities at Bandung Station.
     Bandung
  6. Membantu Pemerintah Kota Bandung mencapai                    6. Assisted the Bandung City Government in achieving
     Rencana Pembangunan Jangka Menengah Daerah                      the Regional Medium-Term Development Plan
     (RPJMD) mengenai Program Pengembangan                           (RPJMD) regarding the MSME Development
     UMKM                                                            Program.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




TANGGUNG JAWAB PENGEMBANGAN                                   RESPONSIBILITY FOR SUSTAINABLE
PRODUK DAN/ATAU JASA KEBERLANJUTAN                            PRODUCT AND/OR SERVICE DEVELOPMENT
Inovasi dan Pengembangan Produk/Jasa Keuangan                 Innovation and Development of Sustainable Financial
Berkelanjutan [OJK F.26]                                      Products/Services [OJK F.26]
Dalam upaya menjalankan proses bisnis secara                  In its efforts to conduct business processes sustainably,
berkelanjutan, KAI terus melakukan inovasi bagi               KAI continuously innovates for both internal and external
pemangku kepentingan internal dan eksternal agar              stakeholders to achieve the Sustainable Development
mencapai Tujuan Pembangunan Berkelanjutan (TPB).              Goals (SDGs). The COVID-19 pandemic has driven KAI to
Pandemi COVID-19 mendorong KAI untuk melakukan                improve its business activities through the digitalization
improvement dalam kegiatan bisnisnya melalui                  of services aimed at facilitating customer access to KAI's
digitalisasi   layanan     yang    bertujuan      untuk       products/services and simplifying employee workflows.
memudahkan pelanggan dalam mengakses produk/jasa              KAI implements digital service innovations using the
yang dimiliki KAI serta memudahkan proses kerja               Access by KAI app, which provides ease and comfort for
pegawai. KAI melakukan inovasi layanan berbasis               customers to access KAI services. With this application,
digital menggunakan aplikasi Access by KAI yang               customers do not need to print purchased tickets, thereby
memberikan kemudahan dan kenyamanan bagi                      reducing paper usage. KAI provides convenience for
pelanggan untuk mengakses layanan KAI. Dengan                 customers in accessing services by developing various
adanya aplikasi ini pelanggan tidak harus mencetak            features and services in the Access by KAI app, with the
tiket yang dibeli sehingga sekaligus mengurangi               latest version being 6.0.69 as of 2023. The app includes
penggunaan kertas. Kemudahan pelanggan dalam                  several features such as membership and loyalty points
mengakses layanan diwujudkan oleh KAI dengan                  used to redeem rail points earned through train ticket
mengembangkan berbagai macam fitur dan layanan                purchases. Additionally, KAI offers easy payment options
di aplikasi Access by KAI engan versi terbaru yaitu versi     through QRIS, direct debit, credit cards, virtual accounts,
6.0.69 sampai 2023. Terdapat beberapa fitur layanan           paylater, retail outlets, and e-wallets. KAI also has its own
di dalam aplikasi Access by KA seperti membership             e-wallet, KAI Pay, integrated within the Access by KAI
dan loyalty point yang digunakan untuk menukar rail           app. Moreover, the app simplifies ticket booking for
point yang didapat melalui pembelian tiket kereta.            intercity trains, local trains, and LRT Jabodebek. Beyond
Tidak hanya itu, KAI juga memberikan kemudahan                booking, Access by KAI allows customers to cancel,
dalam pembayaran yang bisa dilakukan melalui QRIS,            reschedule, and manage other services from anywhere
direct debit, Kartu Kredit, virtual account, paylater,        without needing to queue at the station.
gerai retail dan e-wallet. Bahkan sekarang KAI sudah
memiliki e-wallet sendiri yang ada dalam aplikasi KAI
Access yaitu KAI Pay. Di samping itu, aplikasi ini
memudahkan pelanggan dalam melakukan pemesanan
tiket kereta api mulai dari tiket KA antar kota, lokal,
dan LRT Jabodebek. Tidak hanya pemesanan tiket,
pada Access by KAI dapat melakukan pembatalan,
reschedule, dan lainnya di manapun tanpa harus antre
di stasiun.

KAI juga mengintegrasikan aplikasi Access by KAI dengan       KAI has also integrated the Access by KAI app with services
layanan anak perusahaan seperti KA Lokal yang                 from its subsidiaries, such as local trains operated by KAI
dioperasikan oleh KAI Commuter, KA Bandara yang               Commuter, airport trains operated by KAI Bandara, on-
dioperasikan oleh KAI Bandara, pemesanan makanan dan          board food and beverage orders (Rail Food), KRL schedule
minuman di atas KA (Rail Food), informasi jadwal dan          information and ticket bookings, and KAI Logistik
pemesanan tiket KRL, dan informasi terkait KAI Logistik       Ekspress information. Additionally, customers can book
Ekspress. Selain itu, pelanggan juga dapat memesan            KCJB Whoosh tickets through the Access by KAI app and
tiket KCJB Whoosh di aplikasi Access by KAI serta dapat       choose transportation modes for picking up or dropping
memilih moda transportasi yang digunakan untuk                off customers at their destinations. This is because Access
mengantar maupun menjemput pelanggan ke tempat                by KAI has integrated multi-modal transport through the
tujuan. Hal ini dikarenakan Access by KAI telah               app, including taxi or bus bookings via First Mile and Last
mengintegrasikan transportasi antar moda di KAI Access        Mile services.
melalui pemesanan Taksi atau Bus melalui layanan First
Mile dan Last Mile yang dapat dipesan pada aplikasi
Access by KAI.

Access by KAI memiliki fitur connecting train, dimana         Access by KAI features a connecting train function,
pelanggan dapat memesan tiket persambungan di                 allowing customers to book connecting tickets directly
Access by KAI . Sebagai contoh penumpang ingin naik           through the app. For example, if a passenger wants to
kereta dari Jakarta menuju Banyuwangi, saat ini belum         travel from Jakarta to Banyuwangi and there is no direct
tersedia kereta langsung yang menuju ke Banyuwangi,           train available, this feature will help the system in KAI
dengan adanya fitur ini maka sistem di KAI Access akan        Access find connecting train schedules that can be booked




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mencarikan jadwal kereta persambungan yang dapat              to reach Banyuwangi. Additionally, to accommodate
dipesan pelanggan agar dapat menuju ke Banyuwangi.            group travel, Access by KAI allows bookings for up to 10
Untuk mengakomodasi penumpang yang bepergian                  passengers under a single booking code.
secara berkelompok, saat ini di Access by KAI dapat
dilakukan pemesanan dimana dalam satu kode booking
bisa memesan hingga 10 orang penumpang.

Untuk memberikan kenyamanan pelanggan dalam                   To enhance passenger comfort during train journeys,
melakukan perjalanan menggunakan kereta api di Access         Access by KAI includes several features such as
by    KAI    ditambahkan        beberapa     fitur  seperti   Entertainment on Board (EoB), which allows passengers
Entertainment on Board (EoB), dimana penumpang                to access videos like movies or series online while
dapat mengakses video seperti film atau serial secara         connected to the train’s intranet. There is also a Premium
daring saat terhubung dengan jaringan intranet yang           Entertainment feature where videos can be accessed via
ada di dalam kereta, Ada juga fitur Premium                   the Internet. Additionally, passengers can use the Access
Entertainment dimana video tersebut dapat diakses             by KAI app to top up phone credits, purchase data
melalui jaringan Internet. Apabila penumpang ingin isi        packages, or buy electricity tokens.
ulang pulsa telepon, pembelian paket data internet atau
pembelian token listrik, hal itu dapat dilakukan pelanggan
di aplikasi Access by KAI.

Untuk menambahkan kenyamanan pelanggan saat                   For further convenience, the app features live tracking,
perjalanan menggunakan kereta api, pada aplikasi Access       enabling passengers to track the train’s location. There
by KAI terdapat fitur live tracking, dimana pelanggan         is also a Trip Planner feature to help passengers plan
dapat melacak posisi kereta berada di atas KA , selain        their activities in the destination city according to their
itu ada Fitur Trip Planner dimana pelanggan dalam             preferences. Hotel bookings can also be made through
menyusun rencana perjalanannya saat berada di kota            the Access by KAI app.
tujuan sesuai dengan preferensi pelanggan. Untuk
pemesanan hotel juga bisa dilakukan di aplikasi Access
by KAI.

Pada inovasi keamanan dalam pengangkutan rel,                 In terms of rail transportation security innovation, KAI
sebelumnya KAI hanya mengangkut rel dengan                    has previously transported rails with a maximum weight
maksimum jenis berat 54 dengan panjang 25 meter.              of 54 kg and a length of 25 meters. However, to support
Namun, guna mendukung proyek strategis nasional, saat         national strategic projects, KAI has successfully
ini KAI telah berhasil melakukan pengangkutan rel             transported rails with a weight of 60 kg and a length of
untuk jenis berat 60 dengan panjang 50 meter secara           50 meters smoothly, safely, and on time. This
lancar, aman dan tepat waktu. Hal ini akan menambah           improvement will enhance the quality and coverage of
kualitas dan cakupan rel kereta api sehingga semakin          railway tracks, further contributing to Indonesia's
dapat berkontribusi bagi kemajuan Indonesia.                  movement.

Produk/Jasa yang Sudah Dievaluasi Keamanannya bagi            Products/Services Evaluated for Customer Safety
Pelanggan [OJK F.27][GRI 3-3, 416-1, 416-2]                   [OJK F.27][GRI 3-3, 416-1, 416-2]
Keselamatan pelanggan merupakan aspek krusial dalam           Customer safety is a crucial aspect of the railway business,
bisnis perkeretaapian, karena insiden keselamatan dapat       as safety incidents can impact the company's reputation
berpengaruh pada reputasi dan kepercayaan publik              and public trust. Therefore, KAI is committed to evaluating
terhadap perusahaan. Maka dari itu, KAI selalu                the safety of all (100%) of our products and services. KAI
berkomitmen untuk mengevaluasi keamanan pada                  has implemented safety, health, and security standards
seluruh (100%) produk dan jasa kami. KAI telah                for customers and partners. The company adheres to
menerapkan standar keselamatan, kesehatan, dan                customer health and safety aspects based on the Minister
keamanan bagi para pelanggan dan mitra. KAI                   of Transportation Decree No. KM 355 of 2020 regarding
menerapkan pemenuhan aspek kesehatan dan                      the Assignment to PT Kereta Api Indonesia (Persero) to
keselamatan pelanggan berdasarkan Keputusan Menteri           Provide Public Service Obligations (PSO) for Economy
Perhubungan No. KM 355 Tahun 2020 tentang Penugasan           Class Passenger Transport in 2023, and the Minister of
kepada PT Kereta Api Indonesia (Persero) untuk                Transportation Decree No. KM 346 of 2020 regarding the
Menyelenggarakan Kewajiban Pelayanan Publik (PSO)             Assignment to PT Kereta Api Indonesia (Persero) to Provide
Angkutan Orang dengan Kereta Api Kelas Ekonomi Tahun          Pioneer Transport in 2023. KAI's commitment to ensuring
2023, serta Keputusan Menteri Perhubungan No. KM 346          the safety of our products and services, and ultimately
Tahun 2020 tentang Penugasan kepada PT Kereta Api             customer safety, is evidenced by the absence of non-
Indonesia (Persero) untuk Menyelenggarakan Angkutan           compliance incidents related to the health and safety
Perintis Tahun 2023. Komitmen KAI dalam memastikan            impacts of our products/services. [GRI 2-27]
keamanan produk dan jasa kami sampai kepada
keselamatan pelanggan terbukti dengan tidak adanya




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insiden ketidakpatuhan terkait dampak kesehatan dan
keselamatan produk/jasa. [GRI 2-27]

Dengan pencabutan status pandemi dan keadaan yang              With the lifting of the pandemic status and the improving
telah berangsur membaik, KAI menerapkan penilaian              situation, KAI has implemented health and safety impact
dampak kesehatan dan keselamatan penumpang sesuai              assessments for passengers in accordance with the
kebijakan Menteri Perhubungan serta perubahannya.              Minister of Transportation's policies and their amendments.
Petugas KAI yang bersinggungan secara langsung                 KAI ensures that employees who interact directly with
dengan pelanggan dipastikan telah mendapat vaksin              customers have received COVID-19 vaccinations and
COVID-19 serta vaksin booster. Adapun, pada angkutan           booster shots. For freight train services, KAI adheres to
kereta api barang, KAI mengacu pada ketentuan                  the provisions of the Minister of Transportation
Peraturan Menteri Perhubungan Nomor PM 48 tahun                Regulation No. PM 48 of 2014 concerning the Procedures
2014 tentang Tata Cara Pemuatan, Penyusunan,                   for Loading, Arranging, Transporting, and Unloading
Pengangkutan, dan Pembongkaran Barang dengan                   Goods by Train and its amendments.
Kereta Api dan aturan perubahannya.

Keamanan perjalanan kereta api juga dipastikan dengan          Rail travel safety is also ensured through regular
rutin mengevaluasi sarana dan prasarana. Pada sarana           evaluations of Rolling Stock and infrastructure. For
misalnya, sebelum dapat beroperasi, kereta, gerbong dan        example, before operation, trains, carriages, and
lokomotif harus dicek dan dipastikan kelayakannya oleh         locomotives must be checked and deemed fit for use by
petugas sarana. KAI melakukan pengecekan harian                Rolling Stock officers. KAI conducts daily checks before
sebelum sarana digunakan hingga pengecekan enam                use, as well as more complex and comprehensive checks
bulanan, tahunan, dua tahunan, dan empat tahunan               every six months, annually, biennially, and quadrennially.
untuk pengecekan yang semakin kompleks dan                     Similarly, infrastructure such as tracks and railway lines
menyeluruh. Begitu juga dengan prasarana seperti jalur         are inspected daily by Track Inspectors (PPJ) to ensure
dan rel kereta api. Pemeriksaan rutin setiap hari dilakukan    the tracks are safe and free from obstructions.
oleh Petugas Pemeriksa Jalur (PPJ) yang memastikan
kondisi jalur yang akan dilewati kereta api aman dan
bebas dari gangguan.

KAI juga terus melakukan inovasi dan peningkatan               KAI continuously innovates and enhances the safety of
keamanan angkutan barang yang bertujuan dapat                  freight transport to increase partner satisfaction. Health
meningkatkan kepuasan mitra. Protokol kesehatan yang           protocols implemented include providing handwashing
sudah dilakukan adalah memberikan fasilitas tempat             facilities and hand sanitizers at terminals, increasing
cuci tangan dan hand sanitizer di wilayah Terminal serta       surveillance by installing CCTV at loading and unloading
peningkatan pengawasan dengan memasang CCTV pada               locations, and ensuring security personnel are stationed
lokasi tempat muat dan bongkar dan memastikan                  in vulnerable areas to ensure the safety of goods,
petugas keamanan bertugas di wilayah yang dianggap             especially container transport. We also ensure the
rawan untuk memastikan keamanan barang terutama                availability of fire extinguishers (APAR) in baggage cars
angkutan peti kemas. Kami juga memastikan tersedianya          and calibrated scales to support the smooth retail
APAR di Kereta Bagasi dan timbangan yang sudah ditera          transportation process. Lastly, we ensure that employees
guna mendukung kelancaran proses pengangkutan                  use personal protective equipment (PPE) and perform
retail. Terakhir, memastikan petugas menggunakan               their duties according to existing SOPs.
APD dan melakukan pekerjaan sesuai dengan SOP yang
ada.

KAI memosisikan kesehatan dan keselamatan pelanggan            KAI prioritizes customer health and safety as an essential
dan mitra sebagai aspek penting yang senantiasa                aspect, committing to providing products and services
diprioritaskan, antara lain melalui komitmen untuk dapat       that are not only excellent but also safe for all customers.
memberikan produk dan jasa yang tidak hanya unggul             With this understanding, KAI is committed to guaranteeing
namun juga aman kepada seluruh pelanggan. Atas                 the safety of products and services for all customers. KAI
pemahaman tersebut, KAI berkomitmen untuk dapat                consistently prioritizes the implementation of safety,
memberikan jaminan keamanan produk dan jasa kepada             health, and security standards for all customers and
seluruh pelanggan. KAI senantiasa mengutamakan                 business partners, continuously improving railway services
penerapan standarisasi keselamatan, kesehatan, dan             across all its offerings.
keamanan bagi seluruh pelanggan dan mitra usaha, dan
secara terus-menerus mewujudkan peningkatan layanan
kereta api pada seluruh layanannya.




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Namun, terkadang terdapat perilaku pelanggan yang            However, sometimes there are behaviors from passengers
dapat membahayakan diri sendiri. Aksi petugas                that can be hazardous to themselves. An example is the
pengamanan Stasiun Pasar Minggu yang berhasil                security staff at Pasar Minggu Station successfully
mengamankan pelanggan Commuterline yang hendak               intervening with a Commuterline passenger who
melakukan percobaan bunuh diri di area peron pada 2          attempted suicide on the platform on September 2 nd,
September 2023, merupakan cerminan dari nilai-nilai          2023. This incident reflects the deeply ingrained values
yang sudah membudaya dalam seluruh tindakan                  in all actions of KAI staff. Management continually
petugas KAI. Manajemen terus menekankan kepada               emphasizes the importance for all personnel, especially
seluruh petugas, khususnya frontliner untuk memiliki         frontliners, to exhibit quick response, courage, and high
sikap cepat tanggap, keberanian, dan kepedulian yang         levels of care. This action by our staff has received
tinggi. Tindakan petugas kami telah mendapat perhatian       widespread attention on social media and has been
luas di media sosial dan didukung serta diapresiasi oleh     supported and appreciated by the public. This is a real
masyarakat. Aksi ini adalah contoh nyata dari komitmen       demonstration of KAI’s commitment to providing services
KAI untuk memberikan layanan yang lebih dari sekedar         beyond just transportation. The safety of all our passengers
transportasi. Keselamatan seluruh penumpang kami             is our top priority. KAI is committed to maintaining the
adalah prioritas utama. KAI berkomitmen untuk menjaga        trust of all our loyal customers. We ensure that all (100%)
kepercayaan seluruh pelanggan yang telah setia               of our security personnel are trained in security
menggunakan jasa kami. Kami memastikan bahwa semua           procedures that respect human rights. [GRI 410-1]
(100%) petugas keamanan kami telah dilatih dalam
menerapkan prosedur keamanan yang memperhatikan
hak asasi manusia. [GRI 410-1]

Dampak Produk/Jasa [OJK F.28]                                Product/Service Impacts [OJK F.28]
KAI mengidentifikasi dampak produk dan jasa serta            KAI identifies the impacts of its products and services
mengelompokkan dampak-dampak tersebut menjadi                and categorizes these impacts into positive and negative
dampak positif dan negatif. Dampak positif dari produk       effects. The positive impacts of railway products and
dan jasa kereta api antara lain menjadi solusi mobilitas     services include providing a high-capacity and
masyarakat yang berkapasitas massal dan ramah                environmentally friendly mobility solution for the
lingkungan. Pada angkutan penumpang satu gerbong             community. For passenger transport, one carriage can
dapat mengangkut 175 penumpang dan dapat lebih               carry 175 passengers, and even more, especially for
terutama untuk kereta Jabodetabek di jam pergi dan           commuter trains in the Greater Jakarta area during peak
pulang kerja hingga mencapai satu juta penumpang             hours, reaching up to one million passengers daily. For
setiap harinya. Sementara itu untuk angkutan barang          freight transport, one carriage can carry 50 tons of goods,
satu gerbong bisa mengangkut 50 ton barang atau              equivalent to two container trucks. In South Sumatra, a
seukuran 2 truk kontainer. Bahkan, satu rangkaian KA         coal transport train can pull 60 carriages or 3,000 tons
angkutan batu bara di Sumatera bagian selatan dapat          at once, which would require approximately 120 trucks
menarik 60 gerbong atau 3.000 ton sekaligus yang jika        if transported by road. Choosing rail transport for
diangkut truk maka butuh kurang lebih 120 truk.              passengers and goods is more efficient and
Pemilihan Kereta Api sebagai angkutan penumpang dan          environmentally friendly due to its low emissions and
barang tentu saja lebih efisien dan ramah lingkungan         pollution.
karena rendah emisi dan polusi.

Hal ini menyebabkan distribusi nilai ekonomi yang            This leads to the distribution of economic value, which
memacu peningkatan ekonomi masyarakat, melalui               stimulates economic growth in the community through
penghematan biaya transportasi. Selain itu KAI juga          transportation cost savings. Additionally, KAI absorbs
menyerap tenaga kerja dan bekerjasama dengan pemasok         labor and collaborates with local suppliers, further
lokal yang semakin berkontribusi terhadap tingkat            contributing to the community's welfare.
kesejahteraan masyarakat.

Adapun, dampak negatif dari kegiatan operasional kereta      However, the negative impacts of railway operations
api antara lain berupa kemungkinan dampak lingkungan         include    potential    environmental     impacts     and,
dan khususnya perlintasan sebidang jalur kereta api tanpa    specifically, unauthorized and/or unguarded railway
izin dan/atau tanpa penjaga, yang menghadirkan risiko        crossings, which pose accident risks. Moreover,
terjadinya kecelakaan. Di samping itu, perlintasan           unauthorized and unguarded crossings cause other issues
sebidang tanpa izin dan tanpa penjaga menghadirkan           such as traffic congestion, including vehicles crossing to
dampak lain berupa kemacetan kendaraan termasuk              or from the station.
kendaraan yang melintas baik menuju ataupun dari arah
stasiun.




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Mengetahui dampak-dampak tersebut kami memastikan              Understanding these impacts, we ensure that all our
bahwa setiap produk dan jasa kami telah mengikuti              products and services comply with applicable regulations
peraturan dan kebijakan yang berlaku dengan memiliki           and policies, providing accurate and understandable label
informasi label dan/atau penjelasan dari pegawai kami          information and/or explanations from our employees to
yang akurat dan dapat dimengerti oleh seluruh                  all KAI customers, particularly regarding safety and
pelanggan KAI, khususnya terkait keamanan dan dampak           potential environmental or social impacts. In 2023, there
lingkungan atau sosial yang mungkin timbul dari                were no incidents of non-compliance with applicable
penggunaan produk atau jasa. Selama 2023 tidak terjadi         regulations related to product and service information
insiden ketidakpatuhan regulasi yang berlaku terkait           or marketing conducted by KAI.
informasi produk dan jasa atau menyangkut pemasaran            [GRI 2-27, 417-1, 417-2, 417-3]
yang KAI lakukan. [GRI 2-27, 417-1, 417-2, 417-3]

Tidak hanya itu, PT Kereta Api Indonesia telah                 Furthermore, PT Kereta Api Indonesia has implemented
mengimplementasikan        berbagai    langkah    untuk        various measures to mitigate and address the negative
mengurangi dan memulihkan dampak negatif terhadap              impacts on human rights within its operations. Some of
hak asasi manusia dalam operasionalnya. Beberapa               these initiatives include: (1) Providing training and
diantaranya adalah: (1) Memberikan pelatihan dan edukasi       education to employees on the importance of human
kepada karyawan tentang pentingnya hak asasi manusia           rights and how to implement them in their daily duties.
dan bagaimana mengimplementasikannya dalam tugas               This includes training on anti-discrimination, gender
sehari-hari. Ini termasuk pelatihan tentang anti-              equality, and workers' rights. (2) Offering consultation
diskriminasi, kesetaraan gender, dan hak-hak pekerja.          services to ensure that victims receive appropriate justice
(2) layanan konsultasi untuk memastikan bahwa korban           and recovery, as well as to prevent future human rights
mendapatkan keadilan dan pemulihan yang layak, serta           violations.
untuk mencegah terjadinya kembali pelanggaran hak
asasi manusia di masa depan.

Insiden Ketidakpatuhan terkait Keamanan atau                   Incidents of Non-Compliance Concerning the Safety
Keselamatan atas Penggunaan Produk/Jasa [GRI 416-2]            or Security of Product/Service Use [GRI 416-2]
Secara berkala, KAI melakukan penelaahan terhadap              Periodically, KAI reviews the development of laws and
perkembangan peraturan perundang-undangan dan                  regulations as well as best practice standards, including
standar best practices, mencakup terkait aspek                 aspects related to customer safety or security in the use
keamanan atau keselamatan pelanggan dalam                      of the company's products/services. Furthermore, KAI
penggunaan produk/jasa Perseroan. Lebih dari itu, KAI          implements the necessary mechanisms to monitor the
juga menerapkan mekanisme yang diperlukan dalam                application of laws and regulations and best practice
memonitor penerapan peraturan perundang-undangan               standards for customer safety or security within the
dan standar best practices keamanan atau keselamatan           company, ensuring that applicable regulations are always
pelanggan di lingkungan Perseroan, serta memastikan            effectively implemented.
bahwa regulasi yang berlaku senantiasa diterapkan secara
efektif.

Tidak terdapat insiden ketidakpatuhan berkenaan                There were no incidents of non-compliance concerning
dengan keamanan dan keselamatan penggunaan                     the safety and security of KAI's products/services in 2023.
produk/jasa KAI selama 2023. [GRI 2-27]                        [GRI 2-27]

Jumlah Produk yang Ditarik Kembali [OJK F.29]                  Number of Products Recalled [OJK F.29]
Kami selalu berupaya semaksimal mungkin dengan                 We consistently strive to ensure the safety and reliability
konsisten untuk menjamin seluruh produk dan jasa               of all railway products and services. However, during 2023,
perkeretaapian terjamin keamanan dan kelancarannya.            there were instances where KAI had to recall certain
Menanggapi hal tersebut, selama tahun 2023 terdapat            products or services. In terms of infrastructure, there were
produk atau jasa KAI yang ditarik kembali. Pada prasarana,     damaged installed rails that needed replacement. The
selama tahun 2023, terdapat kondisi rel terpasang yang         total volume of existing rail replacements in 2023 was
rusak dan perlu diganti. Volume total penggantian rel          317,214 meters. This replacement was necessary due to
existing pada tahun 2023 adalah 317.214 meter.                 defects, wear, corrosion, and to accommodate the
Penggantian ini dilakukan karena kondisi rel mengalami         increased number of trains. On the equipment side,
defect, aus, korosi, serta untuk mengakomodasi                 there were 207 operational disruptions that led to
peningkatan jumlah kereta yang lebih tinggi. Di sisi           locomotive recalls, primarily due to issues with the
sarana,    terdapat    gangguan      operasional     yang      Traction Motor (TM) and Fuel Transfer Pump (FTP).
menyebabkan penarikan kembali sebanyak 207 kali pada           Additionally, there were 42 disruptions involving train
lokomotif, dengan penyebab dominan adalah gangguan             carriages, mainly due to generator failures.
Traksi Motor (TM) dan Fuel Transfer Pump (FTP). Selain
itu, gangguan pada kereta terjadi sebanyak 42 kali,
dengan penyebab dominan adalah genset mati.




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                                          Sustainability Report




Kebijakan dalam Menjaga Kerahasiaan Data Pelanggan            Policy on Maintaining Customer Data Confidentiality
[GRI 3-3, 418-1]                                              [GRI 3-3, 418-1]
Teknologi informasi digital dapat meningkatkan efisiensi      Digital information technology can enhance operational
operasional dan kenyamanan pelanggan. Penerapan               efficiency and customer convenience. The adoption of
teknologi terbaru juga memungkinkan perusahaan                the latest technology also allows the company to remain
untuk tetap kompetitif dalam industri yang berkembang         competitive in a rapidly evolving industry. Regarding
pesat. Namun transformasi digital juga rentan                 customer security, KAI understands the importance of
mempengaruhi keamanan pelanggan, KAI memahami                 protecting personal data or information that can identify
data atau informasi pribadi tentang individu yang dapat       individuals, which may be accessed by KAI during the
diidentifikasi dari data atau informasi lainnya yang dapat    use of its products or services. With this understanding,
atau kemungkinan dapat diakses oleh KAI selama proses         KAI is committed to strictly maintaining the confidentiality
penggunaan produk atau jasa perlu untuk dijaga. Dengan        of each customer's personal data, including through the
pemahaman tersebut, KAI menerapkan komitmen untuk             use of the KAI Access application. The customer data
menjaga kerahasiaan data pribadi masing-masing                confidentiality policy implemented by KAI has been
pelanggan secara ketat, antara lain melalui penggunaan        communicated through the "Privacy Policy" article
aplikasi KAI Access. Kebijakan terkait kerahasiaan data       available on the KAI Access application.
pelanggan yang diterapkan oleh KAI telah disosialisasikan
melalui artikel “Kebijakan Privasi” yang tersedia pada
aplikasi KAI Access.

Selain itu, PT Kereta Api Indonesia (Persero) juga            In addition, PT Kereta Api Indonesia (Persero) also
memberikan kemudahan layanan pada saat pelanggan              provides convenience for customers during the boarding
melakukan boarding pass dengan menggunakan Face               process through the Face Recognition Boarding Gate.
Recognition Boarding Gate. Teknologi ini merupakan            This technology is a boarding service facility at stations
fasilitas layanan boarding pada stasiun yang telah            equipped with cameras to identify and validate passenger
dilengkapi kamera untuk mengidentifikasi dan                  identities through facial recognition, with data
memvalidasi identitas penumpang melalui wajah yang            integrated with the train ticket information. This
datanya sudah diintegrasikan dengan data tiket kereta.        innovation aims to simplify the boarding process for
Inovasi ini bertujuan untuk mempermudah pelanggan             Long-Distance Train passengers by eliminating the need
KA Jarak Jauh yang ingin naik kereta api, tanpa perlu         to present various documents such as physical boarding
repot menunjukan berbagai dokumen seperti boarding            passes, e-boarding passes, or ID cards.
pass fisik, e-boarding pass, ataupun KTP.

Proses registrasi Face Recognition dapat dilakukan baik       The Face Recognition registration process can be
melalui aplikasi KAI Access ataupun di stasiun. Registrasi    completed either through the KAI Access app or at the
di stasiun dapat dilakukan pada mesin Check-in Counter        station. Registration at the station can be done at the
(CIC) atau melalui petugas layanan khusus di stasiun.         Check-in Counter (CIC) machines or with the help of
Proses registrasi tidak dapat diwakili namun cukup            special service personnel. The registration process must
membawa e-KTP. Proses registrasi langsung dilakukan           be done in person and requires bringing an e-ID card.
dengan menempelkan e-KTP pada perangkat Reader                To register, customers place their e-ID card on the Reader
kemudian menempelkan jari telunjuk kanan atau kiri            device and then scan their right or left index finger on
pada pemindai yang ada di e-KTP reader. Bagi pelanggan        the reader attached to the e-ID card reader. For
yang tidak dapat melakukan registrasi karena tidak            customers who cannot register because they do not have
memiliki e-KTP seperti pelanggan anak atau e-KTP nya          an e-ID card, such as children or those with damaged
dalam keadaan rusak tidak perlu khawatir. Proses              e-ID cards, they can still complete the registration through
registrasi tetap dapat dilakukan melalui petugas layanan.     service personnel.

Pendaftaran cukup sekali dan berlaku 1 tahun, serta bisa      The registration is a one-time process valid for one year
digunakan di seluruh stasiun yang sudah memiliki fasilitas    and can be used at any station equipped with the Face
Face Recognation Boarding Gate. Jika sudah melakukan          Recognition Boarding Gate facility. Once registered,
registrasi, pelanggan tidak perlu lagi melakukan cetak        customers do not need to print a boarding pass. They
boarding pass. Pelanggan dapat langsung menuju ke             can go directly to the Face Recognition Boarding Gate
Face Recognition Boarding Gate jika waktu untuk               when boarding time is available. Customers simply direct
boarding      sudah    dapat     dilakukan.  Pelanggan        their face to the scanner, and if the ticket data, identity,
mengarahkan wajah ke mesin pemindai dan jika data             and other requirements are correct, the gate will
tiket, identitas, dan syarat lainnya sudah sesuai, maka       automatically open. The face scanning and verification
gate akan otomatis terbuka. Proses pemindaian wajah           process is very quick, which greatly facilitates the boarding
pelanggan dan proses verifikasi seluruh data yang             process and reduces queue times. which greatly facilitates
tersimpan di sistem KAI sangat cepat, sehingga hal            the boarding process and reduces queue times.
tersebut akan sangat mempermudah pelanggan dan
memperlancar antrean saat proses boarding.




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                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                              Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Penumpang tidak perlu khawatir dengan keamanan data           Passengers need not worry about the security of their
pada fitur face recognition yang dipergunakan oleh KAI,       data when using KAI's Face Recognition feature, as KAI
sebab KAI telah memiliki manajemen keamanan                   has robust information security management practices.
informasi yang baik. KAI sudah mengimplementasikan            KAI has implemented an Information Security
Sistem Manajemen Keamanan Informasi berstandar                Management System compliant with the international
internasional    ISO   27001   tentang    Standardisasi       ISO    27001    standard   for   Information    Security
Manajemen Keamanan Informasi. Data penting seperti            Management. Important data such as names, National
nama, Nomor Induk Kependudukan (NIK), dan foto wajah          Identity Numbers (NIK), and facial photos are stored on
pelanggan akan disimpan pada infrastruktur KAI dan            KAI’s infrastructure and are used solely for the Face
hanya dipergunakan untuk proses Face Recognition              Recognition Boarding Gate process in a digital format.
Boarding Gate secara digital. Data privasi penumpang          Passenger privacy data will be retained for one year and
akan disimpan dalam waktu 1 tahun dan dihapus oleh            then deleted by the system. Passengers also have the
sistem setelahnya. Penumpang juga berhak mengajukan           right to request data deletion at any time after
penghapusan data dirinya sewaktu-waktu setelah                registration through the KAI Access app or by contacting
melakukan registrasi melalui aplikasi KAI Accesss atau        Customer Service at the station. Nevertheless, KAI offers
dengan mengajukan penghapusan data kepada petugas             passengers the choice of boarding either through Face
Customer Service di stasiun. Meskipun demikian, KAI           Recognition or manually. For those opting for Face
tetap memberikan pilihan kepada penumpang untuk               Recognition, consent will be obtained during the
melakukan boarding melalui Face Recognition ataupun           registration process, whether through the KAI Access
manual. Bagi penumpang yang menghendaki boarding              app or at the station..
dengan Face Recognition akan terlebih dahulu dimintai
persetujuan     pada   proses    pendaftarannya,   baik
pendaftaran di aplikasi KAI Accesss ataupun di stasiun.

Penerapan kebijakan kerahasiaan data pelanggan                The implementation of customer data confidentiality
dilakukan sebagai pemenuhan terhadap Undang-Undang            policies aligns with Law No. 27 of 2022 on Personal Data
Nomor 27 tahun 2022 tentang Perlindungan Data Pribadi         Protection and meets government regulations requiring
serta   pemenuhan       regulasi    pemerintah      bahwa     electronic system operators for public services to
penyelenggara sistem elektronik untuk pelayanan publik        implement information security management systems.
harus menerapkan sistem manajemen pengamanan                  This is in accordance with: Government Regulation of
informasi seperti tertera pada Peraturan Pemerintah           the Republic of Indonesia No. 71 of 2019 on Electronic
Republik Indonesia Nomor 71 Tahun 2019 tentang                System and Transaction Implementation, Regulation of
Penyelenggaraan Sistem dan Transaksi Elektronik,              the National Cyber and Crypto Agency (BSSN) No. 8 of
Peraturan Badan Siber dan Sandi Negara (BSSN) Nomor           2020 on Security Systems in Electronic System
8 Tahun 2020 tentang Sistem Pengamanan dalam                  Implementation, and Presidential Regulation No. 95 of
Penyelenggaraan Sistem Elektronik, dan Peraturan              2018 on Electronic-Based Government Systems.
Presiden Nomor 95 Tahun 2018 tentang Sistem                   Internally, KAI has developed and implemented policies
Pemerintahan Berbasis Elektronik. Secara internal, KAI        governing the confidentiality of customer data, as
telah menyusun dan memiliki kebijakan yang mengatur           outlined in the Data Governance guidelines based on
penjagaan kerahasiaan data pelanggan, yang termuat            Director’s Regulation No. PER.K/KL.104/VIII/1/KA-2022 on
di dalam Manajemen Keamanan Data berdasarkan                  Data Governance, overseen by the Finance and Risk
Peraturan Direksi PT Kereta Api Indonesia (Persero) Nomor     Management Director. The company has conducted an
PER.K/KL.104/VIII/1/KA-2022 tentang Pedoman Tata Kelola       Information Technology Maturity and Capability
Data (Data Governance) Direktur Keuangan dan                  Assessment according to Control Objectives for Information
Manajemen Risiko. Perseroan juga telah melakukan              and Related Technology (COBIT) 2019, scoring 3.42 out of
Information Technology Maturity and Capability                5.
Assessment berdasarkan Control Objectives for
Information and Related Technology (COBIT) 2019
dengan nilai 3,42 dari 5.

KAI sudah mengimplementasikan cyber security tools            KAI has implemented top-tier cybersecurity tools and
terbaik dan memiliki IT Security Operation Center yang        maintains an IT Security Operation Center to identify and
mengidentifikasi dan menangani ancaman kemanan siber          address cyber threats promptly before significant
secepat mungkin sebelum kerusakan signifikan terjadi.         damage occurs. Recognizing the reality of cybersecurity
Insiden siber menjadi ancaman nyata bagi semua bisnis         threats, KAI manages cyber incidents through an
yang menggunakan teknologi digital. KAI mengelola             Incident Response Team integrated with BSSN, as
insiden siber dengan pembentukan Tim Tanggap                  stipulated in the Director's Decree SK.U.KO.101/VII/3/KA-
Insiden Siber yang sudah terintegrasi dengan BSSN             2023. The company continuously ensures controls related
melalui Keputusan Direksi SK.U.KO.101/VII/3/KA-2023.          to information security, focusing on confidentiality,
Perseroan secara terus-menerus memastikan kontrol             integrity, and availability. As of December 31 st, 2023, KAI
terkait keamanan informasi                                    has not received any complaints related to customer
                                                              privacy violations.




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yang mencakup tiga aspek confidentiality, integrity, dan     Tiga aspek yang mencakup confidentiality (kerahasiaan),
availability. Sampai dengan 31 Desember 2023, KAI tidak      integrity (integritas), dan availability (ketersediaan).
menerima pengaduan pelanggaran privasi pelanggan.            Hingga 31 Desember 2023, KAI tidak menerima pengaduan
                                                             pelanggaran privasi pelanggan

Pengukuran Standar Layanan Penyediaan Produk/Jasa            Measurement of Service Standards for Product/Service
dan Publikasi Hasilnya                                       Provision and Publication of Results
KAI memahami bahwa keberadaan standar layanan                KAI understands that the existence of service standards
penyediaan produk/jasa merupakan aspek yang penting.         for product/service provision is an important aspect. This
Hal tersebut merupakan wujud komitmen KAI dalam              reflects KAI's commitment to prioritizing customer safety
memprioritaskan      keselamatan      dan    kenyamanan      and comfort in each service provided. Furthermore, KAI
pelanggan dalam masing-masing layanan yang                   also recognizes the importance of socializing service
ditawarkan. Lebih dari itu, KAI juga memahami                standards      to  customers      to   ensure    effective
pentingnya praktik sosialisasi standar layanan kepada        implementation, ultimately serving as a tool to protect
pelanggan agar pemenuhan standar pelayanan dapat             customer rights as stakeholders with significant impact
terlaksana secara efektif, yang akhirnya berperan sebagai    on the company.
perangkat yang melindungi hak-hak pelanggan sebagai
pemangku kepentingan yang sangat penting bagi
Perseroan.

Secara berkala, KAI meninjau standar layanan bagi            Periodically, KAI reviews service standards for customers
pelanggan sebagai upaya berkesinambungan guna                as a continuous effort to ensure service safety and
menjamin keamanan dan keandalan layanan. KAI juga            reliability. KAI has also published the service standards
telah mempublikasikan standar layanan yang diterapkan        applied to customers through the website kai.id, social
bagi pelanggan melalui website kai.id, sosial media,         media, the annual report, and public information disclosure
laporan tahunan dan kanal keterbukaan informasi              channels, as media where the public can obtain any
publik, sebagai media tempat masyarakat dapat                necessary information, except for data excluded by law.
memperoleh informasi apa saja yang diperlukan, kecuali
data yang sifatnya dikecualikan menurut undang-undang.

Adapun, standar pelayanan angkutan penumpang di KAI          The passenger transport service standards at KAI are
diukur berdasarkan 2 aspek utama yaitu stasiun dan           measured based on two main aspects/objects: stations
kereta, dengan pengukuran standar pelayanan dilakukan        and trains, with service standard measurements
pada dimensi fisik dan nonfisik. Dimensi fisik adalah        conducted on both physical and non-physical
layanan yang memiliki wujud atau bersifat tangible,          dimensions. The physical dimension includes tangible
sedangkan dimensi non-fisik adalah layanan yang tidak        services, while the non-physical dimension includes
memiliki wujud atau bersifat intangible namun tetap          intangible services that still have a significant impact on
memiliki dampak yang besar pada kepuasan pelanggan,          customer satisfaction. All these aspects are measured
dan seluruh aspek tersebut dilakukan pengukuran dalam        through a Customer Satisfaction Survey conducted twice
bentuk Survei Kepuasan Pelanggan yang dilakukan 2 kali       a year.
dalam 1 tahun.

Dalam pembuatan standar layanan, KAI selalu                  In creating service standards, KAI always considers the
memperhatikan seluruh lingkaran pelayanan yang dimiliki,     entire circle of service, such as in passenger transport
seperti    contohnya    dalam     pelayanan   angkutan       services. KAI has service standards even before the
penumpang, KAI memiliki standar layanan bahkan               journey begins (pre-journey), during the journey, and
sebelum pelanggan memulai perjalanan atau pra-               post-journey. Examples of services available to customers
perjalanan, selama perjalanan, sampai dengan purna-          before starting their journey include the availability of
perjalanan. Contoh layanan yang dapat dinikmati oleh         the website kai.id and the KAI Access application, which
pelanggan sebelum memulai perjalanan adalah                  contain information and procedures for train travel.
tersedianya website kai.id dan aplikasi KAI Access yang      Additionally, KAI offers the Contact Center 121 service,
memuat informasi dan prosedur perjalanan dengan kereta       which includes social media, email, telephone, and text
api. Selain itu, KAI memiliki layanan Contact Center 121     messages. When customers are about to travel, KAI has
yang mencakup sosial media, e-mail, telepon, dan pesan       service standards from the departure station parking
teks. Setelah itu, saat pelanggan akan melakukan             gate, service processes at the station and on the train,
perjalanan, KAI memiliki standar layanan mulai dari gate     to the point where customers arrive at their destination
parkir stasiun keberangkatan, proses layanan di stasiun      and leave the station area.
dan kereta, sampai dengan pelanggan tiba di tujuan dan
meninggalkan area stasiun.




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                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Selain itu, layanan purna-perjalanan pun tersedia bagi          Furthermore, post-journey services are also available to
pelanggan. Saat pelanggan memiliki barang yang                  customers. If customers have left items in the station or
tertinggal di area stasiun atau kereta, pelanggan dapat         on the train, they can contact the customer service at
menghubungi layanan pelanggan di stasiun ataupun                the station or Contact Center 121 to trace the items.
Contact Center 121 untuk melakukan penelusuran                  Additionally, KAI provides several other services, all of
terhadap barang tersebut. Selain itu, terdapat sejumlah         which have measurable service standards or Service Level
layanan lain yang disediakan KAI, dengan semuanya               Agreement (SLA) that are regularly evaluated.
memiliki standar layanan atau Service Level Agreement
(SLA) yang terukur dan selalu terevaluasi dengan baik.

Survei Kepuasan Pelanggan [OJK F.30]                            Customer Satisfaction Survey [OJK F.30]
Sebagai BUMN yang beroperasi pada bidang jasa                   As a state-owned enterprise operating in the
transportasi, KAI terus berupaya untuk dapat                    transportation services sector, KAI continuously strives
mengetahui dan melakukan evaluasi terhadap layanan              to understand and evaluate the services provided to
yang diberikan bagi pelanggan. Hasil evaluasi merupakan         customers. The evaluation results serve as the basis for
dasar bagi KAI dalam menyusun prioritas perbaikan untuk         KAI in setting improvement priorities for the following
periode berikutnya. Hal tersebut dilaksanakan antara lain       year. This is carried out through market research
melalui riset pasar yang dilakukan KAI secara berkala setiap    conducted by KAI periodically every semester at several
semester pada beberapa stasiun kereta di kota-kota besar        train stations in major cities in Java and Sumatra.
Jawa dan Sumatra.

Riset pasar dilaksanakan melalui wawancara langsung             Market research is conducted through direct interviews
ataupun sambungan telepon kepada responden, untuk               or telephone calls with respondents to assess various
menilai sejumlah aspek terkait kereta api dan stasiun.          aspects related to trains and stations. For train
Pada penilaian kereta api, sejumlah aspek yang dinilai          assessments, the aspects evaluated include physical
meliputi Aspek fisik kereta makan, aspek fisik toilet, aspek    aspects of dining cars, physical aspects of toilets, physical
fisik kabin penumpang, aspek non fisik keramahan,               aspects of passenger cabins, non-physical aspects of
aspek non fisik informasi, aspek non fisik ketepatan waktu,     hospitality, non-physical aspects of information, non-
aspek non fisik keamanan kereta. Kemudian, pada                 physical aspects of punctuality, non-physical aspects of
penilaian stasiun, aspek yang dinilai meliputi aspek fisik      train security. For station assessments, the aspects
stasiun, aspek fisik ruang tunggu stasiun, aspek fisik          evaluated include the physical aspects of the station, the
boarding area, aspek fisik customer service, aspek fisik        physical aspects of physical aspects of the station, physical
lokasi pembelian tiket hingga aspek non fisik akurasi           aspects of the station waiting room, physical aspects of
informasi, aspek non fisik keramahan, aspek non fisik           the boarding area, physical aspects of customer service,
tarif dan tiket.                                                physical aspects of ticket purchase locations, as well as
                                                                non-physical aspects of information accuracy, non-
                                                                physical aspects of hospitality, and non-physical aspects
                                                                of fare and tickets.

Survei kepuasan pelanggan pada semester I dan II tahun          KAI conducted customer satisfaction surveys in the first
2023 berhasil memperoleh skor Customer Satisfaction             and second semesters of 2023, with the Customer
Index (CSI) masing-masing sebesar 4,44 dan 4,44 dari            Satisfaction Index (CSI) scores of 4.44 and 4.44,
skala 1 (sangat tidak puas) sampai skala 5 (sangat puas).       respectively, on a scale of 1 (very dissatisfied) to 5 (very
KAI juga melakukan evaluasi dalam rangka meningkatkan           satisfied). KAI also conducts evaluations to improve
pelayanan kepada pelanggan untuk periode selanjutnya.           services for the next period.




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ASSURANCE OLEH PIHAK EKSTERNAL [OJK G.1] [GRI 2-5]
EXTERNAL ASSURANCE [OJK G.1] [GRI 2-5]
Pada tahun 2023, KAI menggunakan jasa eksternal             In 2023, KAI engaged the services of an independent
independen sebagai penjamin yang memastikan                 external assurer to ensure the quality and reliability of
kualitas dan keandalan informasi di dalam Laporan           information within the Sustainability Report. KAI
Keberlanjutan. Manajemen KAI telah memastikan bahwa         management has ensured that this Sustainability Report
Laporan Keberlanjutan ini telah disusun sesuai standar      is prepared in accordance with proper reporting
dan prosedur pelaporan yang benar. Lebih dari itu,          standards    and     procedures.    Furthermore,     KAI
manajemen KAI juga telah memastikan bahwa seluruh           management has also ensured that all information
informasi   yang   diungkapkan      melalui   Laporan       disclosed in this Sustainability Report is accurate and
Keberlanjutan ini benar dan karenanya dapat                 therefore accountable.
dipertanggungjawabkan.

KAI menjalin kerjasama dengan PT Surveyor Carbon            KAI collaborated with PT Surveyor Carbon Consulting
Consulting Indonesia sebagai pihak penjamin validitas       Indonesia as the assurer to validate the validity and
dan kredibilitas Laporan Keberlanjutan tahun 2023 sesuai    credibility of the 2023 Sustainability Report in accordance
assurance standard AA1000 agar kualitas laporan yang        with AA1000 assurance standards. This ensures that the
dihasilkan    tidak   hanya    memberikan     informasi     quality of the report not only provides holistic
keberlanjutan KAI yang holistik namun sekaligus akurat      sustainability information about KAI but is also accurate
dan terpercaya.                                             and trustworthy.




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                        Annual and Sustainability Report
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                          INDEPENDENT ASSURANCE STATEMENT
                                     Statement No: SMD-25614-NS-PT.KAI




  REPORT ON SUSTAINABILITY ACTIVITIES IN THE SUSTAINABILITY REPORT OF PT KERETA API INDONESIA (PERSERO)
                                                 FOR 2023



NATURE OF ASSURANCE                                                    interest, with no personal or financial ties that could affect
                                                                       their objectivity.
PT Surveyor Carbon Consulting Indonesia (referred to as
"SCCI" or "we") has been engaged by PT Kereta Api                      The assurance team maintains impartiality throughout
Indonesia (Persero) (referred to as "KAI" or "the reporting            their evaluation, ensuring their findings are unbiased and
company") to provide independent assurance for KAI's                   based solely on evidence. SCCI’s procedures safeguard
Integrated Report 2023 (referred to as "the report"). As a             against any undue influence or favouritism.
state-owned transportation company in Indonesia, KAI’s
report reflects its commitment and performance in                       The team is highly skilled in sustainability reporting and
managing environmental, social, and governance impacts.                ESG data analysis, holding certifications in GRI Standards,
SCCI’s role is to assess the report based on the data and              TCFD, and ISO 14064. These qualifications highlight their
content from the reporting year.                                       expertise and ability to accurately assess and validate KAI’s
                                                                       sustainability report.

INTENDED USERS OF THIS ASSURANCE STATEMENT

The purpose of this statement is to communicate to the                 ASSURANCE STANDARDS, TYPE AND LEVEL OF
Company's stakeholders our opinion, as well as our                     ASSURANCE
findings and recommendations, based on the results of our               The assurance process was carried out according to the
assurance work. This assurance statement applies only to               AA1000 Assurance Standard (AA1000AS v3), providing Type
the relevant information included in the scope of                      1 assurance on the report content. This included a
assurance. The entire content and information of this                  moderate level of assurance on the procedures and
assurance engagement is in the responsibility of KAI.                  evidence, reducing the risk of errors in the report's
                                                                       information and conclusions, though not to a very low level.
RESPONSIBILITIES

Our responsibility to management involves assessing the                SCOPE OF ASSURANCE SERVICE
report's    content,       formulating     findings     and
recommendations, and delivering an opinion. We are also                1.   The report covers data and information for the period
responsible for offering conclusions and recommendations                    from January 1st, 2023, to December 31st, 2023.
within the scope of assurance standards, methods, and                  2.   The report addresses the following material topics:
approaches. The directors, governing body, and                              Occupational Health and Safety, Customer Safety,
management of KAI hold responsibility for the information                   Employee Development and Welfare, Digital
and presentation in the Report, with SCCI having no role in                 Information Technology, Compliance and Business
its preparation. SCCI's evaluation is based solely on the                   Ethics, Energy, Economic Performance, Community
most recent editorial and data provided in the final draft as                Empowerment, Water and Effluents, Waste, and
of August 13th, 2024.                                                       Emission.
                                                                       3.   Publicly disclosed information by KAI was reviewed to
INDEPENDENCE, IMPARTIALITY, AND COMPETENCY                                  ensure that the report content adheres to reporting
                                                                            principles.
PT. Surveyor Carbon Consulting Indonesia (SCCI)                        4.   SCCI does not include financial data, information, or
guarantees that its assurance team is completely                            figures in the report content.
independent from KAI. This ensures that the assessment
and statement preparation are free from any conflicts of




                                                               PT Surveyor Carbon Consulting Indonesia Assurance Statement, Page 1 of 3
Page 638
5.   The quality and reliability of specific performance                  ASSURANCE OPINION
     information were evaluated, along with adherence to
                                                                         As part of our independent assurance engagement, we
     the following reporting criteria:
                                                                         have KAI’s sustainability report in relation to the AA1000
     •    GRI Sustainability Reporting Standards 2021 (with              Assurance Standard. Our assessment covered the
          reference)                                                     company’s approach to identifying, monitoring, and
     •    Otoritas Jasa Keuangan (OJK) Regulation No.                    managing its environmental, social, and governance
          51/POJK.03/2017 with reference to OJK Circular                 impacts. KAI has identified key sustainability impacts
          Letter (SEOJK) 2022 No. 16/SEOJK.04/2021                       associated with its operations and implemented systems
     •    AA1000 Accountability Principles (2018)                        to monitor and measure these impacts regularly.

                                                                         In our opinion, the sustainability report of PT Kereta Api
                                                                         Indonesia presents a fair and accurate representation of
LIMITATION OF ASSURANCE SERVICE
                                                                         the company’s sustainability practices and performance.
This assurance was conducted as a Type 1 Limited                         The report adheres to the GRI Standards 2021 (with
Assurance, which inherently has certain limitations.                     reference) and complies to POJK 51, reflecting the
Specifically, our assurance did not include any financial-                 company's dedication to sustainability and responsible
linked information, and we did not perform an in-depth                   business practices.
accuracy check of the reported data. Additionally, we
encountered limitations related to data access, the scope
of assurance, time constraints, and geographical coverage.               ADHERENCE TO AA1000 ACCOUNTABILITY PRINCIPLES
                                                                         STANDARD (2018)
To mitigate these limitations, we employed a data
triangulation method, focusing on material issues                        INCLUSIVITY
identified through stakeholder engagement, and
engaged closely with management to clarify data                          KAI has shown a strong commitment to stakeholder
discrepancies. A sample-based approach was used where                    inclusivity and engagement. The organization has
full data access was not possible, and feedback was                      implemented various initiatives, such as surveys to
provided to the company for continuous improvement in                    employees, customers, investors, suppliers, and experts, to
future reports. These measures were taken to enhance the                 deepen its understanding of stakeholder concerns.
reliability and robustness of our assurance within the
                                                                         MATERIALITY
context of the identified limitations. The assurer is not
responsible for any data inaccuracies arising from                       KAI has identified 11 material topics in the report that are
incorrect information provided by the reporting                          relevant, incorporating an assessment of both actual and
organization.                                                            potential impacts within the sustainability context.
                                                                         Additionally, the company has considered stakeholder
                                                                         expectations and concerns in determining the key material
METHODOLOGY                                                              topics for this report.

We carried out the assurance process following these                     RESPONSIVENESS
procedures and activities:
                                                                         KAI has shown a commendable level of responsiveness by
     1.   Interviews with staff responsible for sustainability           addressing stakeholders' concerns that impact its
          management,        report     preparation,     and             sustainability performance, which is reflected in its
          information provision.                                         decisions, actions, and communication with stakeholders.
     2.   Review    of        significant      organizational
                                                                         IMPACTS
          developments.
     3.   Examination of supporting evidence for claims                  KAI has methodically recognized the significant
          made in the reports.                                           sustainability  impacts     linked     to  its  operations,
     4.   Evaluation of the report's content, disclosures,               encompassing both environmental and social aspects. The
          and presentation against the principles and                    company has established strong systems to consistently
          indicators of AA1000AS (2008) with the 2018                    monitor and assess these impacts, such as tracking
          addendum, AA1000AP (2018), GRI Standards, and                  greenhouse gas emissions, energy efficiency efforts, waste
          POJK51.                                                        reduction strategies, and the social benefits resulting from
                                                                         community      outreach      initiatives  and    employee
                                                                         engagement.




                                                                 PT Surveyor Carbon Consulting Indonesia Assurance Statement, Page 2 of 3
Page 639
GLOBAL REPORTING INITIATIVES REPORTING                                        As our recommendation, KAI should establish an ESG
STANDARDS CONCLUSIONS, FINDINGS, AND                                          committee led by a director to ensure high-level oversight
RECOMMENDATION                                                                and     integration     of ESG     initiatives,  enhancing
                                                                              accountability and coordination. Additionally, developing a
Based on our review, we found that the sustainability report
                                                                              comprehensive human rights policy will formalize the
of KAI aligns to the GRI Standards 2021(with reference). The
                                                                              company's commitment to human rights, manage risks,
report provides a through overview of the company’s
                                                                              and ensure compliance with international standards.
sustainability practices, performance, and contributions
                                                                              These steps will strengthen KAI’s governance and support
towards environmental and social governance goals.
                                                                              its sustainability goals.
Furthermore, the report complies with the requirements
stipulated in POJK 51, demonstrating the company’s
commitment to sustainable finance and transparent
reporting.




PT. Surveyor Carbon Consulting Indonesia

Jakarta, 20 August 2024




Agus Rahmad
President Director



                                            PT Surveyor Carbon Consulting Indonesia
                                                      Menara Bidakara 2, 3rd Floor Unit 01&03A
                                           Jl. Jend. Gatot Subroto Kav. 71-73, Jakarta 12870 – Indonesia



PT. Surveyor Carbon Consulting Indonesia, a subsidiary of PT Surveyor Indonesia and part of ID Survey, operates as a state-owned enterprise
specializing in independent assurance services in Indonesia for over 21 years. The company is equipped to offer independent verification,
validation, or testing for various business activities, supported by its AA1000 Assurance license (Assurance Provider number 000-737). Moreover,
the company’s assurance team has a deep understanding of the AA1000 Accountability Principles and extensive experience in drafting and
reviewing sustainability and integrated reports.


The company adheres to a robust quality control system, including documented policies and procedures, and complies with ethical, professional,
legal, and regulatory standards. This is evidenced by its adherence to SNI ISO/IEC 17020:2012, SNI ISO/IEC 17025:2017, SNI ISO/IEC 27001:2022, ISO
9001:2015, ISO 14001:2015, and ISO 45001:2018 certifications.


PT. Surveyor Carbon Consulting Indonesia upholds a Code of Ethics throughout its operations, ensuring that all staff maintain integrity,
objectivity, professional competence, due diligence, confidentiality, and adhere to high standards of professional and ethical conduct in their
daily activities.

Additionally, the company’s assurance team is not involved in any projects beyond the scope of independent assurance services and does not
face any conflicts of interest with other services offered by PT. Surveyor Carbon Consulting Indonesia or its assurance team .




                                                                    PT Surveyor Carbon Consulting Indonesia Assurance Statement, Page 3 of 3
Page 640
                                                                                         Laporan Keberlanjutan
                                                                                         Sustainability Report




LEMBAR UMPAN BALIK [OJK G.2]
FEEDBACK FORM [OJK G.2]
Kami sangat berharap seluruh pemangku kepentingan                                                                             We highly encourage all stakeholders to provide feedback
dapat memberikan umpan balik atas Laporan                                                                                     on the PT Kereta Api Indonesia (Persero) 2023
Keberlanjutan PT Kereta Api Indonesia (Persero) tahun                                                                         Sustainability Report. The feedback received will be used
2023, yang hasilnya akan digunakan sebagai pedoman                                                                            as a guideline for improving our Sustainability
bagi upaya perbaikan dalam pengelolaan Kinerja                                                                                Performance management and for the Sustainability
Keberlanjutan kami hingga untuk Laporan Keberlanjutan                                                                         Report in the coming years. Stakeholders can submit their
di tahun mendatang. Umpan balik dapat disampaikan                                                                             feedback by filling out and sending the following form
oleh pemangku kepentingan dengan mengisi serta                                                                                via email, fax, or post.
mengirim formulir berikut ini melalui surat elektronik,
faksimile, ataupun pos.


                                                                              Pertanyaan                                                                                                  Setuju                         Tidak Setuju
                                                                               Question                                                                                                   Agree                            Disagree

  Laporan ini telah memberikan informasi yang bermanfaat mengenai kinerja ekonomi, sosial,
  dan lingkungan Perseroan. / This report has provided useful information regarding economic,
  social and environmental performance of the Company.

  Data dan informasi yang diungkapkan mudah dipahami, lengkap, transparan, dan berimbang.
  / Data and information disclosed are easy to understand, complete, transparent, and balanced.

  Data dan informasi yang disajikan berguna dalam pengambilan keputusan. / Data and information
  disclosed are useful in decision-making

  Laporan ini menarik dan mudah dibaca. / This report is interesting and easy to read.

  Mohon berikan nilai mengenai aspek yang terdapat dalam laporan ini (nilai 1 = paling penting, 2 = penting, 3 = tidak penting, 4 =
  sangat tidak penting). / Please rate the aspects contained in this report (1 = most important, 2 = important, 3 = not important, 4
  = very unimportant)

  (….) Anti Korupsi / Anti-Corruption

  (….) Kepegawaian / Employment

  (….) Kesehatan dan Keselamatan Kerja / Occupational Health and Safety

  (….) Pelatihan dan Pendidikan / Training and Education

  (….) Kesehatan dan Keselamatan Pelanggan / Customer Health and Safety



Mohon berikan komentar/saran/usulan bagi laporan ini.                                                                         Please provide comments/suggestions/suggestions for
                                                                                                                              this report.

Nama                                                                                                                          Name

...........................................................................................................................   ...........................................................................................................................

Pekerjaan                                                                                                                     Occupation

...........................................................................................................................   ...........................................................................................................................

Institusi/Perusahaan                                                                                                          Institution/Company

...........................................................................................................................   ...........................................................................................................................

Kontak (Telepon, e-mail)                                                                                                      Contact(Phone, e-mail)

...........................................................................................................................   ...........................................................................................................................




                                                 Laporan Tahunan dan Keberlanjutan
640                                                                                                                                                                               PT Kereta Api Indonesia (Persero)
                                                   Annual and Sustainability Report
Page 641
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                             Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




Kategori Pemangku Kepentingan:                               Stakeholder Category:
◊ Pemegang Saham                                             ◊ Shareholders
◊ Penumpang                                                  ◊ Passengers
◊ Pegawai                                                    ◊ Employees
◊ Pemasok                                                    ◊ Suppliers
◊ Pelanggan Angkutan Barang                                  ◊ Freight Customers
◊ Media                                                      ◊ Media
◊ Railfans (Komunitas Pecinta Kereta Api)                    ◊ Railfans (Train Lovers Community)
◊ Lain-lain / ……….                                           ◊ Others / ……….

Saran dan tanggapan terhadap Laporan Keberlanjutan           Input and feedbacks about this Sustainability Report,
ini dapat Anda kirimkan melalui alamat berikut :             kindly send to:
PT Kereta Api Indonesia (Persero)                            PT Kereta Api Indonesia (Persero)
Jl. Perintis Kemerdekaan No. 1, Bandung 40117                Jl. Perintis Kemerdekaan No. 1, Bandung 40117
PO Box 1163 Bandung 40000, Indonesia.                        PO Box 1163 Bandung 40000, Indonesia.
Telp                  : (022) 4230031, 4230039, 4230054      Telp                  : (022) 4230031, 4230039, 4230054
Fax                   : (022) 4203342 ext. 10039             Fax                   : (022) 4203342 ext. 10039
E-mail                : dokumen@kai.id                       E-mail                : dokumen@kai.id

Media Sosial                                                 Social Media
WhatsApp               : 0811-1211-1121                      WhatsApp                 : 0811-1211-1121
Facebook               : Kereta Api Kita, KAI121             Facebook                 : Kereta Api Kita, KAI121
Twitter                : @Kereta Apikita, @kai121            Twitter                  : @Kereta Apikita, @kai121
Instagram              : @Kereta Apikita, @kai121_           Instagram                : @Kereta Apikita, @kai121_
Youtube                : Kereta Api Kita                     Youtube                  : Kereta Api Kita
TikTok                 : @kai121_                            TikTok                   : @kai121_
Podcast                : Sahabat KAI                         Podcast                  : Sahabat KAI



TANGGAPAN TERHADAP UMPAN BALIK LAPORAN
KEBERLANJUTAN TAHUN SEBELUMNYA [OJK G.3]
RESPONSE TO FEEDBACK ON THE PREVIOUS YEAR'S
SUSTAINABILITY REPORT [OJK G.3]
Kami tidak mendapatkan umpan balik terhadap Laporan          We did not receive any feedback on the 2022 Sustainability
Keberlanjutan tahun 2022.                                    Report.




                                                            Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                            641
                                                                Annual and Sustainability Report
Page 642
                                          Laporan Keberlanjutan
                                          Sustainability Report




DAFTAR PENGUNGKAPAN SESUAI PERATURAN OJK NO.
51/POJK.03/2017 TENTANG PENERAPAN KEUANGAN
BERKELANJUTAN BAGI LEMBAGA JASA KEUANGAN,
EMITEN, DAN PERUSAHAAN PUBLIK [OJK G.4]
LIST OF DISCLOSURES IN ACCORDANCE WITH OJK REGULATION NO. 51/POJK.03/2017
ON THE IMPLEMENTATION OF SUSTAINABLE FINANCE FOR FINANCIAL SERVICE
INSTITUTIONS, ISSUERS, AND PUBLIC COMPANIES [OJK G.4]
INDEKS POJK 51/2017 [OJK G.4]                                    POJK 51/2017 INDEX [OJK G.4]

   No. Indeks                                         Pengungkapan                                               Halaman
    Index No                                            Disclosure                                                Page

 STRATEGI KEBERLANJUTAN / SUSTAINABILITY STRATEGY

      A.1       Penjelasan Strategi Keberlanjutan / Sustainability Strategy Explanation                             553

 IKHTISAR KINERJA KEBERLANJUTAN / SUSTAINABILITY PERFORMANCE HIGHLIGHTS

      B.1       Aspek Ekonomi / Economic Aspect                                                                     555

      B.2       Aspek Lingkungan Hidup / Environmental Aspect                                                       556

      B.3       Aspek Sosial / Social Aspect                                                                        556

 PROFIL PERUSAHAAN / COMPANY PROFILE

                Visi, misi, dan nilai keberlanjutan Perusahaan / Vision, mission, and values of sustainability
      C.1                                                                                                           553
                of the Company

                Nama, alamat, nomor telepon, nomor faksimili, email, dan situs resmi / Name, address,
      C.2                                                                                                        76, 77, 92
                phone number, fax number, email, and official website

                Skala Usaha (total aset atau kapitalisasi aset, total kewajiban, jumlah karyawan yang dibagi
                menurut jenis kelamin, jabatan, usia, pendidikan, dan status ketenagakerjaan), Persentase
                kepemilikan saham (publik dan pemerintah), Wilayah operasional / Business Scale (total
      C.3                                                                                                         90, 94
                assets or assets capitalization, total liabilities, total employees by gender, position, age,
                education, and employment status), Share ownership percentage (public and government),
                Operational area

                Penjelasan singkat produk, layanan, dan kegiatan usaha yang dijalankan / Brief description
      C.4                                                                                                           86
                of products, services, and business activities

      C.5       Keanggotaan pada asosiasi / Association membership                                                  99

                Perubahan Perseroan yang bersifat signifikan misal terkait dengan penutupan atau pembukaan
      C.6       cabang, dan struktur kepemilikan / Significant changes of the company, e.g., matters related        99
                to closing or opening of branches and ownership structure

 PENJELASAN DIREKSI / BOARD OF DIRECTORS EXPLANATION

      D.1       Penjelasan Direksi / Board of Directors Explanation                                                 52

 TATA KELOLA KEBERLANJUTAN / SUSTAINABLE GOVERNANCE

                Uraian mengenai tugas bagi Direksi dan Dewan Komisaris, pegawai, pejabat dan/atau unit
                kerja yang menjadi penanggung jawab penerapan Keuangan Berkelanjutan / Description
      E.1                                                                                                           519
                of duties of the Board of Directors and Board of Commissioners, employees, officials, and/or
                work unit in charge of sustainable finance implementation

                Penjelasan mengenai pengembangan kompetensi yang dilaksanakan terhadap anggota
                Direksi, anggota Dewan Komisaris, pegawai, pejabat dan/atau unit kerja yang menjadi penanggung
      E.2       jawab penerapan Keuangan Berkelanjutan / Explanation of competency development of                   522
                members of the Board of Directors and Board of Commissioners, employees, officials, and/or
                work unit in charge of sustainable finance implementation

                Penjelasan mengenai prosedur Perusahaan Publik dalam mengendalikan risiko keberlanjutan
      E.3                                                                                                           522
                / Explanation of procedures of Public Company in controlling sustainability risk




                    Laporan Tahunan dan Keberlanjutan
642                                                                                          PT Kereta Api Indonesia (Persero)
                      Annual and Sustainability Report
Page 643
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




   No. Indeks                                           Pengungkapan                                               Halaman
    Index No                                              Disclosure                                                Page

                  Penjelasan mengenai pemangku kepentingan (keterlibatan pemangku kepentingan dan
                  pendekatan yang dilakukan Perusahaan dalam melibatkan pemangku kepentingan dalam
                  penerapan Keuangan Berkelanjutan baik berupa dialog, survei, seminar, dll) / Explanation
       E.4                                                                                                           530
                  of matters regarding stakeholders (stakeholder engagement and Company approach in
                  engaging with stakeholders for Sustainable Finance implementation in the form of dialogues,
                  surveys, seminars, etc.)

                  Permasalahan terhadap penerapan keuangan berkelanjutan / Issues on Sustainable Finance
       E.5                                                                                                           532
                  Implementation

 KINERJA KEBERLANJUTAN / SUSTAINABILITY PERFORMANCE

                  Kegiatan membangun budaya keberlanjutan di internal Perusahaan Publik / Efforts on building
       F.1                                                                                                           555
                  sustainability culture in the Public Company internal

 KINERJA EKONOMI / ECONOMIC PERFORMANCE

                  Perbandingan target dan kinerja produksi, portofolio, target pembiayaan, atau investasi,
       F.2        pendapatan dan laba rugi / Comparison of target and performance of production, portfolio,          557
                  payment target, or investment, revenues, and profit (loss)

                  Perbandingan target dan kinerja produksi, portofolio, target pembiayaan, atau investasi
                  pada instrumen keuangan atau proyek yang sejalan dengan penerapan Keuangan Berkelanjutan
       F.3                                                                                                           559
                  / Comparison of target and performance of production, portfolio, payment target, or investment
                  on financial instruments or projects in line with Sustainable Finance implementation

 ASPEK UMUM / GENERAL ASPECT

       F.4        Biaya lingkungan hidup yang dikeluarkan / Environmental costs incurred                             563

 ASPEK MATERIAL / MATERIAL ASPECT

       F.5        Penggunaan material yang ramah lingkungan / Use of eco-friendly materials                          564

 ASPEK ENERGI / ENERGY ASPECT

       F.6        Jumlah dan intensitas energi yang digunakan / Total and intensity of energy used                   564

                  Upaya dan pencapaian efisiensi energi yang dilakukan termasuk penggunaan sumber energi
       F.7                                                                                                           567
                  terbarukan / Effort and achievement of energy efficiency, including use of renewable energy

 ASPEK AIR / WATER ASPECT

       F.8        Penggunaan air / Water usage                                                                       570

 ASPEK KEANEKARAGAMAN HAYATI / BIODIVERSITY ASPECT

                  Dampak dari wilayah operasional yang dekat atau berada di daerah konservasi atau memiliki
       F.9        keanekaragaman hayati / Impact of operational area in or near conservation or biodiverse           571
                  area

       F.10       Upaya konservasi keanekaragaman hayati / Biodiversity conservation efforts                         572

 ASPEK EMISI / EMISSION ASPECT

                  Jumlah dan intensitas emisi yang dihasilkan berdasarkan jenisnya / Total and intensity of
       F.11                                                                                                          574
                  emission generated by type

                  Upaya dan pencapaian pengurangan emisi yang dilakukan / Efforts and achievement of
       F.12                                                                                                          577
                  emission reduction

 ASPEK LIMBAH DAN EFLUEN / WASTE AND EFFLUENT ASPECT

                  Jumlah limbah dan efluen yang dihasilkan berdasarkan jenisnya / Total waste and effluent
       F.13                                                                                                          579
                  generated by type

       F.14       Mekanisme pengelolaan limbah dan efluen / Waste and effluent management mechanism                  580

       F.15       Tumpahan yang terjadi ( jika ada) / Spills occurred (if any)                                       584

 ASPEK PENGADUAN TERKAIT LINGKUNGAN HIDUP / COMPLAIN ON ENVIRONMENTAL ISSUES ASPECT

                  Jumlah dan materi pengaduan lingkungan hidup yang diterima dan diselesaikan / Total
       F.16                                                                                                          585
                  and materials of environmental complaints received and resolved




                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                 643
                                                                      Annual and Sustainability Report
Page 644
                                           Laporan Keberlanjutan
                                           Sustainability Report




   No. Indeks                                          Pengungkapan                                              Halaman
    Index No                                             Disclosure                                               Page

 KINERJA SOSIAL / SOCIAL PERFORMANCE

                 Komitmen LJK, emiten, atau perusahaan publik untuk memberikan layanan atas produk
      F.17       dan/atau jasa yang setara kepada konsumen / Commitment of LJK, issuer, or public company          585
                 to provide equal products/services to customers

 ASPEK KETENAGAKERJAAN / LABOR ASPECT

      F.18       Kesetaraan kesempatan bekerja / Equal employment opportunity                                      592

      F.19       Tenaga kerja anak dan tenaga kerja paksa / Child labour and forced labour                         594

      F.20       Upah Minimum Regional / Regional Minimum Wage                                                     595

      F.21       Lingkungan bekerja yang layak dan aman / Safe and decent work environment                         596

                 Pelatihan dan pengembangan kemampuan pegawai / Employee capability training and
      F.22                                                                                                         609
                 development

 ASPEK MASYARAKAT / COMMUNITY ASPECT

      F.23       Dampak operasi terhadap masyarakat sekitar / Operational impact to local communities              616

      F.24       Pengaduan masyarakat / Community complaint                                                        621

                 Kegiatan Tanggung Jawab Sosial dan Lingkungan (TJSL) / Social and Environmental
      F.25                                                                                                         622
                 Responsibility (ESR) activities

 TANGGUNG JAWAB PENGEMBANGAN PRODUK/JASA BERKELANJUTAN / RESPONSIBILITY ON SUSTAINABLE PRODUCTS/SERVICES
 DEVELOPMENT

                 Inovasi dan pengembangan produk/jasa keuangan berkelanjutan / Innovation and
      F.26                                                                                                         627
                 development of sustainable finance products/services

                 Produk/jasa yang sudah dievaluasi keamanannya bagi pelanggan / Products/services evaluated
      F.27                                                                                                         628
                 for customer safety

      F.28       Dampak produk/jasa / Impact of products/services                                                  630

      F.29       Jumlah produk yang ditarik kembali / Total recall products                                        631

                 Survei kepuasan pelanggan terhadap produk dan/atau jasa keuangan berkelanjutan / Customer
      F.30                                                                                                         635
                 satisfaction survey on sustainable finance products/services

 LAIN-LAIN / OTHERS

                 Verifikasi tertulis dari pihak independen ( jika ada) / Written verification from independent
      G.1                                                                                                          636
                 party (if any)

      G.2        Lembar umpan balik / Feedback sheet                                                               640

                 Tanggapan terhadap umpan balik Laporan Tahun sebelumnya / Response to feedbacks of
      G.3                                                                                                          641
                 previous year’s Annual Report

                 Daftar pengungkapan sesuai POJK 51/2017 / List of disclosures in accordance with POJK
      G.4                                                                                                          642
                 51/2017




                      Laporan Tahunan dan Keberlanjutan
644                                                                                          PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 645
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




INDEKS KONTEN GRI
GRI CONTENT INDEX

  Pernyataan Penggunaan             PT KAI telah menyiapkan laporan dengan referensi GRI Standards untuk periode 1
  Statement of Use                  Januari 2023 - 31 Desember 2023.
                                    PT KAI has prepared this report with reference to the GRI Standards for the period of
                                    January 1 st, 2023 – December 31 st, 202

  GRI 1 yang digunakan              GRI 1: Foundation 2021
  GRI 1 used

   Standar GRI       No Index                                           Judul                                          Halaman
   GRI Standard       Index                                             Titles                                          Page

                                       PENGUNGKAPAN UMUM / GENERAL DISCLOSURES

                    Organisasi dan Praktik Pelaporan / The Organization and Its Reporting Practises

                    2-1             Informasi mengenai organisasi / Organisational details                                 76

                                    Entitas organisasi yang termasuk dalam laporan keberlanjutan / Entities
                    2-2                                                                                               77, 92, 544
                                    included in the organisation’s sustainability reporting

                                    Periode pelaporan, frekuensi, dan titik kontak / Reporting period,
                    2-3                                                                                                 76, 544
                                    frequency and contact point

                    2-4             Penyajian kembali informasi / Restatements of information                             544

                    2-5             Assurance oleh pihak eksternal / External assurance                                   636

                    Aktivitas dan Pekerja / Activities and Workers

                                    Aktivitas, rantai nilai, dan hubungan bisnis lainnya / Activities, value chain
                    2-6                                                                                              86, 90, 99, 231
                                    and other business relationships

                    2-7             Karyawan / Employees                                                                94, 588

                                    Pekerja yang bukan merupakan karyawan / Workers who are not
                    2-8                                                                                                    98
                                    employees

                    Tata Kelola / Governance

                                    Struktur dan komposisi tata kelola / Governance structure and
                    2-9                                                                                                 258, 519
                                    composition
 GRI 2
 Pengungkapan
                                    Nominasi dan seleksi badan tata kelola tertinggi / Nomination and
 Umum / General     2-10                                                                                             296, 335, 389
                                    selection of the highest governance body
 Disclosures
                    2-11            Ketua badan tata kelola tertinggi / Chair of the highest governance body           259, 260

                                    Peran badan tata kelola tertinggi dalam mengawasi pengelolaan dampak
                    2-12            / Role of the highest governance body in overseeing the management of                 521
                                    impacts

                                    Pendelegasian wewenang untuk tanggung jawab mengelola dampak /
                    2-13                                                                                                  521
                                    Delegation of responsibility for managing impacts

                                    Peran badan tata kelola tertinggi dalam pelaporan keberlanjutan / Role of
                    2-14                                                                                                521, 548
                                    the highest governance body in sustainability reporting

                    2-15            Konflik kepentingan / Conflicts of interest                                      297, 336, 521

                    2-16            Mengkomunikasikan hal-hal kritis / Communication of critical concerns               505, 521

                                    Pengetahuan kolektif badan tata kelola tertinggi / Collective knowledge
                    2-17                                                                                                  522
                                    of the highest governance body

                                    Mengevaluasi kinerja badan tata kelola tertinggi / Evaluation of the
                    2-18                                                                                                372, 374
                                    performance of the highest governance body

                    2-19            Kebijakan remunerasi / Remuneration policies                                       390, 595

                    2-20            Proses untuk menentukan remunerasi / Process to determine remuneration                390

                    2-21            Rasio kompensasi total tahunan / Annual total compensation ratio                      393




                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                      645
                                                                        Annual and Sustainability Report
Page 646
                                          Laporan Keberlanjutan
                                          Sustainability Report




 Pernyataan Penggunaan            PT KAI telah menyiapkan laporan dengan referensi GRI Standards untuk periode 1
 Statement of Use                 Januari 2023 - 31 Desember 2023.
                                  PT KAI has prepared this report with reference to the GRI Standards for the period of
                                  January 1 st, 2023 – December 31 st, 202

 GRI 1 yang digunakan             GRI 1: Foundation 2021
 GRI 1 used

   Standar GRI      No Index                                         Judul                                       Halaman
   GRI Standard      Index                                           Titles                                       Page

                    Strategi, Kebijakan, dan Praktik / Strategy, Policies, and Practices

                                 Pernyataan mengenai strategi pembangunan berkelanjutan / Statement
                    2-22                                                                                            553
                                 on sustainable development strategy

                    2-23         Komitmen kebijakan / Policy commitments                                            555

                                 Menanamkan komitmen kebijakan dalam organisasi / Embedding policy
                    2-24                                                                                            555
                                 commitments

                    2-25         Proses remediasi dampak negatif / Processes to remediate negative impacts      585, 587, 621

                                 Mekanisme untuk saran dan masalah etika / Mechanisms for seeking advice
                    2-26                                                                                          587, 621
                                 and raising concerns

                                                                                                               560, 585, 595,
                    2-27         Kepatuhan hukum dan peraturan / Compliance with laws and regulations
                                                                                                                 628, 631

                    2-28         Keanggotaan asosiasi / Membership associations                                      99

                    Keterlibatan Pemangku Kepentingan / Stakeholder Engagement

                                 Pendekatan untuk keterlibatan pemangku kepentingan / Approach to
                    2-29                                                                                            530
                                 stakeholder engagement

                    2-30         Kesepakatan perundingan kolektif / Collective bargaining agreements                589

                                            TOPIK MATERIAL / MATERIAL TOPIC

 GRI 2              3-1          Proses Penentuan Topik / Process to determine material topics                      545
 Topik Material /
 Material Topic     3-2          Daftar Topik Material / List of Material Topics                                    548

                            KETERBUKAAN TOPIK SPESIFIK / DISCLOSURE OF SPECIFIC TOPICS

                                        DAMPAK EKONOMI / ECONOMIC IMPACTS

                                   GRI 201 Kinerja Ekonomi / Economics Performance

 GRI 2
 Topik Material /   3-3          Manajemen Topik Material / Managements of Material Topic                      559, 560, 596
 Material Topic

                    201-1        Distribusi Perolehan Ekonomi / Economic Earnings Distribution                      560

                                 Implikasi finansial serta risiko dan peluang lain akibat dari perubahan
                    201-2        iklim / Financial implications and other risks and opportunities due to          524, 559
 GRI 201
                                 climate change
 Kinerja Ekonomi
 / Economic
                                 Kewajiban program pensiun manfaat pasti dan program pensiun lainnya /
 Performance        201-3                                                                                         560, 596
                                 Defined benefit plan obligations and other retirement plan

                                 Bantuan finansial yang diterima dari pemerintah / Financial assistance
                    201-4                                                                                           560
                                 received from government

                                       GRI 202 Kehadiran Pasar / Market Presence

 GRI 202
                                 Rasio Standar Upah Entry Level, berdasarkan Gender dibandingkan dengan
 Kehadiran Pasar
                    202-1        Upah Minimum Lokal / Ratios of Standard Entry Level Wage by Gender                 596
 / Market
                                 compared to Local Minimum Wage
 Presence




                        Laporan Tahunan dan Keberlanjutan
646                                                                                        PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 647
                                  Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  Pernyataan Penggunaan             PT KAI telah menyiapkan laporan dengan referensi GRI Standards untuk periode 1
  Statement of Use                  Januari 2023 - 31 Desember 2023.
                                    PT KAI has prepared this report with reference to the GRI Standards for the period of
                                    January 1 st, 2023 – December 31 st, 202

  GRI 1 yang digunakan              GRI 1: Foundation 2021
  GRI 1 used

   Standar GRI       No Index                                          Judul                                        Halaman
   GRI Standard       Index                                            Titles                                        Page

                            GRI 203 Dampak Ekonomi Tidak Langsung / Indirect Economic Impacts

 GRI 203                            Investasi infrastruktur dan layanan dukungan / Infrastructure investment
                    203-1                                                                                             562
 Dampak                             and support services
 Ekonomi
 Tidak Langsung /
 Indirect                           Dampak ekonomi signifikan tidak langsung / Indirect significant
                    203-2                                                                                             562
 Economic                           economic impact
 Impacts

                                      GRI 204 Praktik Pengadaan / Procurement Practice

 GRI 204
 Praktik
                                    Proporsi Pengeluaran untuk Pemasok Lokal / Proportion of Spending on
 Pengadaan /        204-1                                                                                             562
                                    Local Suppliers
 Procurement
 Practice

                                             GRI 205 Anti Korupsi / Anti-Corruption

 GRI 3
 Topik Material /   3-3             Manajemen Topik Material / Managements of Material Topic                          485
 Material Topic

                                    Operasi-operasi yang dinilai memiliki risiko terkait korupsi / Operations
                    205-1                                                                                             487
                                    assessed for risks related to corruption
 GRI 205
                                    Komunikasi dan pelatihan anti korupsi / Anti-corruption communication
 Anti Korupsi /     205-2                                                                                           489, 555
                                    and trainings
 Anti-Corruption
                                    Kasus korupsi dan penindakan kasus korupsi / Corruption cases and its
                    205-3                                                                                             490
                                    prosecution

                                GRI 206 Perilaku Anti Kompetitif / Anti-Competitive Behavior

 GRI 206
 Perilaku Anti                      Langkah-langkah hukum untuk perilaku anti-persaingan, anti-pakat, dan
 Kompetitif /       206-1           praktik monopoli / Legal actions for anti-competitive behavior, anti-trust,        491
 Anti-Competitive                   and monopoly practices
 Behavior

                                      DAMPAK LINGKUNGAN / ENVIRONMENTAL IMPACTS

                                                   GRI 301 Material / Materials

                                    Material yang digunakan berdasarkan berat dan volume / Materials used
                    301-1                                                                                             564
                                    are based on weight and volume
 GRI 301
                                    Bahan baku hasil daur ulang yang digunakan / Recycled input material
 Material /         301-2                                                                                             564
                                    used
 Materials
                                    Produk yang yang diklaim kembali dan material kemasannya / Reclaimed
                    301-3                                                                                             564
                                    products and their packaging materials




                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  647
                                                                       Annual and Sustainability Report
Page 648
                                          Laporan Keberlanjutan
                                          Sustainability Report




 Pernyataan Penggunaan           PT KAI telah menyiapkan laporan dengan referensi GRI Standards untuk periode 1
 Statement of Use                Januari 2023 - 31 Desember 2023.
                                 PT KAI has prepared this report with reference to the GRI Standards for the period of
                                 January 1 st, 2023 – December 31 st, 202

 GRI 1 yang digunakan            GRI 1: Foundation 2021
 GRI 1 used

   Standar GRI      No Index                                        Judul                                       Halaman
   GRI Standard      Index                                          Titles                                       Page

                                                  GRI 302 Energi / Energy

 GRI 3
 Topik Material /   3-3          Manajemen Topik Material / Managements of Material Topic                          567
 Material Topic

                    302-1        Konsumsi energi organisasi / Organisational energy consumption                    564

                                 Konsumsi energi di luar organisasi / Energy consumption outside of the
                    302-2                                                                                          564
                                 organisation
 GRI 302
                    302-3        Intensitas energi / Energy intensity                                              566
 Energi / Energy
                    302-4        Pengurangan konsumsi energi / Energy consumption reduction                        567

                                 Pengurangan kebutuhan energi untuk produk dan layanan / Reductions
                    302-5                                                                                          567
                                 in energy requirements of products and services

                                                    GRI 303 Air / Water

 GRI 3
 Topik Material /   3-3          Manajemen Topik Material / Managements of Material Topic                          570
 Material Topic

                                 Interaksi dengan Air sebagai Sumber Daya Bersama / Management of
                    303-1                                                                                          570
                                 Water Discharge Related Impacts

                                 Manajemen dampak yang berkaitan dengan pembuangan air /
                    303-2                                                                                          584
 GRI 303                         Management of water discharge-related impacts
 Air / Water
                    303-3        Pengambilan Air / Water withdrawal                                                570

                    303-4        Pembuangan air / Water discharge                                                  584

                    303-5        Konsumsi Air / Water Consumption                                                  570

                                     GRI 304 Keanekaragaman Hayati / Biodiversity

                                 Lokasi operasi yang dimiliki, disewa, dikelola, atau berdekatan dengan,
                                 kawasan lindung dan kawasan dengan nilai keanekaragaman hayati
                    304-1        tinggi di luar kawasan lindung / Operational sites owned, leased,                 571
                                 managed in, or adjacent to, protected areas and areas of high
                                 biodiversity value outside protected areas

 GRI 304                         Dampak signifikan dari kegiatan, produk, dan jasa pada keanekaragaman
 Keanekaragaman     304-2        hayati / Significant impacts of activities, products and services on              572
 Hayati /                        biodiversity
 Biodiversity
                    304-3        Habitat yang dilindungi atau di restorasi / Habitats protected or restored        572

                                 Spesies Daftar Merah IUCN dan spesies daftar konservasi nasional dengan
                                 habitat dalam wilayah yang terkena efek operasi / IUCN Red List species
                    304-4                                                                                          572
                                 and national conservation list species with habitats in areas affected by
                                 operations




                        Laporan Tahunan dan Keberlanjutan
648                                                                                        PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 649
                                Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                   Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  Pernyataan Penggunaan             PT KAI telah menyiapkan laporan dengan referensi GRI Standards untuk periode 1
  Statement of Use                  Januari 2023 - 31 Desember 2023.
                                    PT KAI has prepared this report with reference to the GRI Standards for the period of
                                    January 1 st, 2023 – December 31 st, 202

  GRI 1 yang digunakan              GRI 1: Foundation 2021
  GRI 1 used

   Standar GRI       No Index                                          Judul                                        Halaman
   GRI Standard       Index                                            Titles                                        Page

                                                    GRI 305 Emisi / Emissions

 GRI 3
 Topik Material /    3-3            Manajemen Topik Material / Managements of Material Topic                        574, 577
 Material Topic

                                    Emisi yang Dihasilkan Perusahaan (Scope 1) / Direct (Scope 1) GHG
                     305-1                                                                                            574
                                    Emissions

                                    Emisi dari energi tidak langsung (Scope 2) / Energy Indirect (Scope 2) GHG
                     305-2                                                                                            575
                                    Emissions

                                    Emisi dari energi tidak langsung (Scope 3) / Energy Indirect (Scope 3) GHG
                     305-3                                                                                            575
                                    Emissions
 GRI 305
                     305-4          Intensitas Emisi GRK / GHG Emission Intensity                                     576
 Emisi / Emissions
                     305-5          Reduksi emisi GRK / GHG emissions reduction                                       577

                                    Emisi zat perusak ozon (BPO) / Emissions of ozone-depleting substances
                     305-6                                                                                            577
                                    (ODS)

                                    Nitrogen oksida (NOX), sulfur oksida (SOX), dan emisi udara signifikan
                     305-7          lainnya / Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant       577
                                    air emissions

                                                    GRI 306 Limbah / Waste

 GRI 3
 Topik Material /    3-3            Manajemen Topik Material / Managements of Material Topic                          580
 Material Topic

                                    Jenis limbah yang dihasilkan Perusahaan / Types of waste generated by
                     306-1                                                                                            580
                                    the Company

                     306-2          Pengelolaan Limbah / Waste management                                             580
 GRI 306
                     306-3          Timbulan limbah / Waste generated                                                 579
 Limbah / Waste
                     306-4          Limbah yang dialihkan dari pembuangan / Waste diverted from disposal              580

                                    Limbah yang dikirimkan ke pembuangan akhir / Waste directed to
                     306-5                                                                                            580
                                    disposal

                                               DAMPAK SOSIAL / SOCIAL IMPACTS

                                              GRI 401 Kepegawaian / Employment

 GRI 3
 Topik Material /    3-3            Manajemen Topik Material / Managements of Material Topic                          589
 Material Topic

                                    Perekrutan karyawan baru dan pergantian karyawan / New Employee
                     401-1                                                                                            589
                                    Recruitment and Turnover

 GRI 401                            Tunjangan yang diberikan kepada karyawan purna waktu yang tidak
 Kepegawaian /                      diberikan kepada karyawan sementara atau paruh waktu / Benefits
                     401-2                                                                                            594
 Employment                         provided to full-time employees that are not provided to temporary or
                                    part time employees

                     401-3          Cuti Melahirkan / Paternal Leave                                                  595




                                                                   Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                  649
                                                                       Annual and Sustainability Report
Page 650
                                           Laporan Keberlanjutan
                                           Sustainability Report




 Pernyataan Penggunaan             PT KAI telah menyiapkan laporan dengan referensi GRI Standards untuk periode 1
 Statement of Use                  Januari 2023 - 31 Desember 2023.
                                   PT KAI has prepared this report with reference to the GRI Standards for the period of
                                   January 1 st, 2023 – December 31 st, 202

 GRI 1 yang digunakan              GRI 1: Foundation 2021
 GRI 1 used

   Standar GRI       No Index                                        Judul                                        Halaman
   GRI Standard       Index                                          Titles                                        Page

                    GRI 402 Hubungan Manajemen dan Tenaga Kerja / Management and Labor Relation

 GRI 3
 Topik Material /    3-3          Manajemen Topik Material / Managements of Material Topic                           589
 Material Topic

 GRI 402
 Hubungan
 Manajemen dan
                                  Periode pemberitahuan minimum terkait perubahan operasional /
 Tenaga Kerja /      402-1                                                                                           589
                                  Minimum notice periods regarding operational changes
 Management
 and Labor
 Relation

                           GRI 403 Kesehatan & Keselamatan Kerja / Occupational Health & Safety

 GRI 3
 Topik Material /    3-3          Manajemen Topik Material / Managements of Material Topic                           598
 Material Topic

                     403-1        Sistem manajemen K3 / OHS management system                                        599

                                  Identifikasi kecelakaan kerja, penilaian risiko dan prosedur investigasi atas
                     403-2        sebuah insiden / Work accident identification, risk assessment and                 602
                                  incident investigation procedures

                     403-3        Layanan Kesehatan Kerja / Occupational Health Services                           598, 603

                                  Partisipasi, konsultasi, dan komunikasi pekerja tentang keselamatan dan
                     403-4        kesehatan kerja / Worker participation, consultation and communication             604
 GRI 403                          on occupational health and safety
 Kesehatan dan
                                  Pelatihan bagi pekerja mengenai keselamatan dan kesehatan kerja /
 Keselamatan         403-5                                                                                           604
                                  Worker training on occupational health and safety
 Kerja /
 Occupational
                     403-6        Pemberian layanan kesehatan karyawan / Promotion of worker health                  603
 Health
 and Safety                       Pencegahan dan mitigasi dampak dari keselamatan dan kesehatan kerja
                     403-7        yang secara langsung terkait hubungan bisnis / Prevention and                      608
                                  mitigation of occupational health and safety

                                  Karyawan yang diberikan perlindungan oleh sistem manajemen
                     403-8        kesehatan dan keselamatan kerja / Workers covered by an occupational               598
                                  health and safety management system

                     403-9        Kecelakaan Kerja / Work-related injuries                                           603

                     403-10       Penyakit akibat kerja / Work-related ill health                                    603

                                GRI 404 Pelatihan dan Pendidikan / Trainings and Education

 GRI 3
 Topik Material /    3-3          Manajemen Topik Material / Managements of Material Topic                           610
 Material Topic

 GRI 404                          Rerata jam pelatihan karyawan, menurut gender dan jenjang jabatan /
                     404-1                                                                                         596, 614
 Pelatihan dan                    Average employees training hours, based on gender and position level
 Pendidikan /
 Trainings and                    Program peningkatan kompetensi karyawan, dan program prajabatan /
                     404-2                                                                                         596, 610
 Education                        Employee competence program, and preposition program




                        Laporan Tahunan dan Keberlanjutan
650                                                                                           PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 651
                                 Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                  Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




  Pernyataan Penggunaan             PT KAI telah menyiapkan laporan dengan referensi GRI Standards untuk periode 1
  Statement of Use                  Januari 2023 - 31 Desember 2023.
                                    PT KAI has prepared this report with reference to the GRI Standards for the period of
                                    January 1 st, 2023 – December 31 st, 202

  GRI 1 yang digunakan              GRI 1: Foundation 2021
  GRI 1 used

   Standar GRI        No Index                                        Judul                                        Halaman
   GRI Standard        Index                                          Titles                                        Page

                    GRI 405 Keberagaman dan Kesamaan Kesempatan / Diversity and Equal Opportunities

 GRI 3
 Topik Material /     3-3           Manajemen Topik Material / Managements of Material Topic                          596
 Material Topic

 GRI 405                            Keanekaragaman badan tata kelola dan karyawan / Diversity of
                      405-1                                                                                           382
 Keberagaman                        governance bodies and employees
 dan Kesamaan
 Kesempatan /
 Diversity and                      Rasio gaji pokok dan remunerasi perempuan dibandingkan laki-laki /
                      405-2                                                                                           596
 Equal                              Ratio of basic salary and remuneration of women to men
 Opportunities

                                        GRI 406 Non Diskriminasi / Non-Discrimination

 GRI 3
 Topik Material /     3-3           Manajemen Topik Material / Managements of Material Topic                          597
 Material Topic

 GRI 406
 Non Diskriminasi                   Insiden diskriminasi dan tindakan korektif yang diambil / Incidents of
                      406-1                                                                                           597
 / Non-                             discrimination and corrective actions taken
 Discrimination

       GRI 407 Kebebasan Berserikat dan Perundingan Bersama / The Right of Freedom of Association and Collective
                                                     Bargaining

 GRI 3
 Topik Material /     3-3           Manajemen Topik Material / Managements of Material Topic                          589
 Material Topic

 GRI 407
 Kebebasan
 Berserikat dan
                                    Operasi dan pemasok di mana hak atas kebebasan berserikat dan
 Perundingan
                                    perundingan bersama mungkin berisiko / Operations and suppliers in
 Bersama / The        407-1                                                                                           589
                                    which the right to freedom of association and collective bargaining may
 Right of Freedom
                                    be at risks
 of Association
 and Collective
 Bargaining

                                             GRI 408 Pekerja Anak / Child Labour

 GRI 408
 Pekerja Anak /       408-1         Pekerja Anak / Child Labour                                                       594
 Child Labour

                                    GRI 409 Pekerja Paksa / Forced of Compulsory Labour

 GRI 409
 Pekerja Paksa /
 Forced of            409-1         Pekerja Paksa / Forced or Compulsory Labour                                       594
 Compulsory
 Labour




                                                                  Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                 651
                                                                      Annual and Sustainability Report
Page 652
                                           Laporan Keberlanjutan
                                           Sustainability Report




 Pernyataan Penggunaan            PT KAI telah menyiapkan laporan dengan referensi GRI Standards untuk periode 1
 Statement of Use                 Januari 2023 - 31 Desember 2023.
                                  PT KAI has prepared this report with reference to the GRI Standards for the period of
                                  January 1 st, 2023 – December 31 st, 202

 GRI 1 yang digunakan             GRI 1: Foundation 2021
 GRI 1 used

   Standar GRI      No Index                                        Judul                                        Halaman
   GRI Standard      Index                                          Titles                                        Page

                                      GRI 413 Masyarakat Lokal / Local Communities

 GRI 3
 Topik Material /   3-3           Manajemen Topik Material / Managements of Material Topic                          616
 Material Topic

                                  Operasi dengan keterlibatan masyarakat lokal, penilaian dampak, dan
                                  Program Pengembangan Komunitas / Operational involving local
                    413-1                                                                                           616
 GRI 413                          communities, impacts evaluation, and Community Development
 Masyarakat Lokal                 Program
 / Local
 Communities                      Operasi yang secara aktual dan yang berpotensi memiliki dampak negatif
                    413-2         signifikan terhadap masyarakat lokal / Operations with significant actual       619, 620
                                  and potential negative impacts on local communities

                          GRI 416 Kesehatan dan Keselamatan Pelanggan / Customer Health Safety

 GRI 3
 Topik Material /   3-3           Manajemen Topik Material / Managements of Material Topic                          628
 Material Topic

                                  Penilaian dampak kesehatan dan keselamatan dari Produk dan layanan /
 GRI 416
                    416-1         Assessment of the health and safety impacts of Product and service                628
 Kesehatan dan
                                  categories
 Keselamatan
 Pelanggan /
                                  Insiden ketidakpatuhan terkait kesehatan dan keselamatan dampak
 Customer Health
                    416-2         produk dan jasa / Incidents of non-compliance concerning the health and         628, 631
 Safety
                                  safety impacts of products and services

                                GRI 417 Pemasaran dan Pelabelan / Marketing and Labelling

                                  Persyaratan untuk Pelabelan dan Informasi produk dan jasa /
                    417-1                                                                                           631
                                  Requirements for product and service information and labelling
 GRI 417
 Pemasaran dan                    Insiden ketidakpatuhan terkait pelabelan dan informasi produk dan jasa /
 Pelabelan /        417-2         Incidents of non-compliance concerning product and service information            631
 Marketing and                    and labelling
 Labelling
                                  Insiden ketidakpatuhan terkait komunikasi pemasaran / Incidents of non-
                    417-3                                                                                           631
                                  compliance concerning marketing communications

                                       GRI 418 Privasi Pelanggan / Customer Privacy

 GRI 3
 Topik Material /   3-3           Manajemen Topik Material / Managements of Material Topic                          632
 Material Topic

 GRI 418
 Privasi                          Pengaduan yang berdasar mengenai pelanggaran terhadap privasi
 Pelanggan /        418-1         pelanggan dan hilangnya data pelanggan / Substantiated complaints               587, 632
 Customer                         concerning breaches of customer privacy and losses of customer data
 Privacy




                        Laporan Tahunan dan Keberlanjutan
652                                                                                        PT Kereta Api Indonesia (Persero)
                          Annual and Sustainability Report
Page 653
                                   Meningkatkan Konektivitas Mengkatalisasi Transformasi Berkelanjutan bagi Negeri
                                                    Enhanching Connectivity, Catalyzing Sustainable Transformation for the Nation




 SURAT PERNYATAAN ANGGOTA DIREKSI DAN DEWAN KOMISARIS TENTANG
           TANGGUNG JAWAB ATAS LAPORAN TAHUNAN 2023
                PT KERETA API INDONESIA (PERSERO)
        Kami yang bertanda tangan di bawah ini menyatakan bahwa semua informasi dalam Laporan Tahunan
  PT Kereta Api Indonesia (Persero) tahun 2023 telah dimuat secara lengkap dan kami bertanggung jawab penuh atas
                         kebenaran isi Laporan Tahunan dan Laporan Keuangan Perusahaan.

                                     Demikian pernyataan ini dibuat dengan sebenarnya.

                                                   Bandung, September 2024


                                                           Direksi
                                                      Board of Directors




                                                      Didiek Hartantyo
                                                           Direktur Utama
                                                          President Director




       Hadis Surya Palapa                     Awan Hermawan Purwadinata                           Heru Kuswanto
            Direktur Niaga                               Direktur Operasi                    Direktur Pengelolaan Prasarana
     Managing Director of Commerce                 Managing Director of Operation           Managing Director of Infrastructure




          John Robertho                                                                         Rosma Handayani
  Direktur Perencanaan Strategis dan                 Dadan Rudiansyah                           Direktur SDM dan Umum
          Pengelolaan Sarana                   Direktur Keselamatan dan Keamanan          Managing Director of Human Capital and
Managing Director of Strategic Planning and    Managing Director of Safety and Security               General Affairs
       Rolling Stock Management




                               Rudi As Aturridha                               Salusra Wijaya
                        Direktur Pengembangan Usaha dan         Direktur Keuangan dan Manajemen Risiko
                                   Kelembagaan                     Managing Director of Finance and Risk
                      Managing Director of Business Development               Management
                             and Institutional Relations




                                                                    Laporan Tahunan dan Keberlanjutan
PT Kereta Api Indonesia (Persero)                                                                                                   653
                                                                        Annual and Sustainability Report
Page 654
                                         Laporan Keberlanjutan
                                         Sustainability Report




      THE BOARD OF DIRECTORS’ AND THE BOARD OF COMMISSIONERS’
      STATEMENT OF RESPONSIBILITY FOR THE 2023 ANNUAL REPORT OF
                  PT KERETA API INDONESIA (PERSERO)
                 We, the undersigned, hereby declare that all information in the 2023 Annual Report of
PT Kereta Api Indonesia (Persero) have been presented completely and we are thus fully responsible for the truthfulness
                      of the contents in this Annual Report and Financial Report of the Company.

                                       This statement has been made truthfully.

                                                Bandung, September 2024


                                              Dewan Komisaris
                                            Board of Commissioners




                                                   Said Aqil Siroj
                                         Komisaris Utama/Komisaris Independen
                                          President Commissioner/Independent
                                                     Commissioner




             Rochadi                              Endang Tirtana                              Johan Sirait
        Komisaris Independen                            Komisaris                          Komisaris Independen
      Independent Commissioner                        Commissioner                       Independent Commissioner




                              Diah Natalisa                           Chairul Anwar
                                   Komisaris                                Komisaris
                                 Commissioner                             Commissioner




                    Sri Paduka Mangkoenagoro X                   Mohamad Risal Wasal
                                   Komisaris                                Komisaris
                                 Commissioner                             Commissioner




                      Laporan Tahunan dan Keberlanjutan
654                                                                                      PT Kereta Api Indonesia (Persero)
                        Annual and Sustainability Report
Page 655
PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK

Laporan Keuangan Konsolidasian Untuk Tahun-Tahun yang Berakhir
Pada Tanggal 31 Desember 2023 dan 2022

Consolidated Financial Statements For the Years Ended
December 31, 2023 and 2022
Page 656
PT KERETA API INDONESIA (PERSERO)                            PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                              AND SUBSIDIARIES




Daftar Isi                                    Halaman/                              Table of Contents
                                               Pages


Surat Pernyataan Direksi                                                   Directors’ Statement Letter

Laporan Auditor Independen                                              Independent Auditor’s Report

Laporan Keuangan Konsolidasian                                    Consolidated Financial Statements
Untuk Tahun-Tahun yang Berakhir                                                for The Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                 December 31, 2023 and 2022

Laporan Posisi Keuangan Konsolidasian            1        Consolidated Statements of Financial Position

Laporan Laba Rugi dan Penghasilan                         Consolidated Statements of Profit or Loss and
                                                 3
Komprehensif Lain Konsolidasian                                          Other Comprehensive Income

Laporan Perubahan Ekuitas Konsolidasian          4       Consolidated Statements of Changes in Equity

Laporan Arus Kas Konsolidasian                   5              Consolidated Statements of Cash Flows

Catatan Atas Laporan Keuangan Konsolidasian      7       Notes to the Consolidated Financial Statements
Page 657
18   18
Page 658

          
Page 659

          
Page 660

          
Page 661

          
Page 662

          
Page 663

          
Page 664

          
Page 665
PT KERETA API INDONESIA (PERSERO)                                                         PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                              AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN                                                                           CONSOLIDATED STATEMENTS
KONSOLIDASIAN                                                                                           OF FINANCIAL POSITION
Tanggal 31 Desember 2023 dan 2022                                                               As of December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                       (In Thousand Rupiah, Unless Otherwise Stated)
                                                     Catatan/
                                                      Notes                  2023             2022
ASET                                                                                                                                            ASSET
ASET LANCAR                                                                                                                        CURRENT ASSETS
Kas dan Setara Kas                            2.f, 2.g, 2.h, 2.y, 5, 41    5.138.571.482    5.695.720.193                 Cash and Cash Equivalents
Dana Dibatasi Penggunaannya                   2.f, 2.g, 2.i, 2.y, 6, 41    2.587.812.673    5.610.385.976                           Restricted Funds
Piutang Usaha                                                                                                                     Trade Receivables
 Pihak Berelasi                               2.f, 2.g, 2.j, 2.y, 7, 41    1.253.114.802      934.629.745                            Related Parties
 Pihak Ketiga                                        2.j, 2.y, 7             616.479.973      471.708.322                              Third Parties
Piutang Lain-lain                                  2.g, 2.y, 8, 41            61.586.990       90.003.063                          Other Receivables
Persediaan                                             2.k, 9              1.528.349.171    1.145.313.941                                 Inventories
Pendapatan Masih akan Diterima                    2.g, 2.y, 10, 41           763.740.040      939.616.971                            Accrued Income
Uang Muka dan Biaya Dibayar di Muka                   2.l, 11.a              260.184.522      120.303.174             Advances and Prepaid Expenses
Pajak Dibayar di Muka                                 2.s, 12.a              690.300.423      303.896.017                             Prepaid Taxes
Aset Lancar Lainnya                                       13                 123.701.643       26.370.549                       Other Current Assets
JUMLAH ASET LANCAR                                                        13.023.841.719   15.337.947.951                 TOTAL CURRENT ASSETS
ASET TIDAK LANCAR                                                                                                             NON-CURRENT ASSETS
Uang Muka Jangka Panjang                               11.b                3.093.767.915       20.640.157                          Long-term Advances
Investasi Entitas Asosiasi dan                                                                                             Investment in Associates and
 Ventura Bersama                                  2.d, 2.e, 14.a           5.808.370.149    6.315.362.037                                Joint Ventures
Investasi Jangka Panjang                            2.y, 14.b                 35.747.769       24.176.000                         Long-term Investment
Aset Pajak Tangguhan                                2.s, 12.e              1.216.932.650    1.432.778.568                           Deferred Tax Assets
Aset Tetap                                            2.n, 15             26.370.631.004   23.924.692.897                                  Fixed Assets
Properti Investasi                                   2.m, 16                 246.905.669      126.085.555                         Investment Properties
Hak Pengoperasian Aset Prasarana                   2.o, 2.p, 17           30.697.675.664   23.736.944.016        Infrastructure Assets Operating Rights
Aset Takberwujud                                     2.aa, 18                576.231.411      422.760.902                              Intangible Assets
Aset Hak Guna                                         2.u, 19                 92.152.320       53.116.074                            Right-of-Use Asset
Aset Tidak Lancar Lainnya                               20                   212.057.103      186.725.566                     Other Non-Current Assets
JUMLAH ASET TIDAK LANCAR                                                  68.350.471.654   56.243.281.772           TOTAL NON-CURRENT ASSETS
JUMLAH ASET                                                               81.374.313.373   71.581.229.723                             TOTAL ASSETS
LIABILITAS DAN EKUITAS                                                                                                      LIABILITIES AND EQUITY
LIABILITAS JANGKA PENDEK                                                                                                     CURRENT LIABILITIES
Utang Usaha                                                                                                                          Trade Payables
 Pihak Berelasi                                  2.g, 2.y, 21, 41          4.976.299.233      880.714.681                            Related Parties
 Pihak Ketiga                                      2.f, 2.y, 21            2.394.977.405    1.578.171.487                              Third Parties
Beban Akrual                                      2.cc, 2.y, 22            2.203.317.939    1.572.961.926                                    Accruals
Utang Pajak                                         2.s, 12.b                621.745.503      309.332.730                             Taxes Payable
Pendapatan Diterima di Muka                           2.r, 23              1.281.637.698    1.144.639.451                         Unearned Revenue
Liabilitas Imbalan Kerja                            2.v, 26.a              1.295.541.970      962.743.057                 Employee Benefits Liabilities
Pinjaman Bank Jangka Pendek                      2.g, 2.y, 24, 41          1.388.523.138    1.760.000.000                     Short-term Bank Loans
Liabilitas Jangka Panjang yang                                                                                                   Current Maturities of
 Jatuh Tempo dalam Satu Tahun                                                                                                   Long-term Liabilities
  Liabilitas Sewa                                     2.u, 19                 36.504.861       16.563.637                            Lease Liabilities
  Pinjaman Jangka Panjang                      2.f, 2.g, 2.y, 28, 41       1.294.613.508    1.196.958.601                         Long-term Loans
  Pinjaman Program PEN                                2.y, 27                437.500.000      437.500.000                       PEN Program Loan
  Obligasi                                            2.y, 29              1.898.852.925                --                                   Bonds
Liabilitas Jangka Pendek Lainnya                         25                   91.802.000       98.538.290                     Other Current Liabilities
JUMLAH LIABILITAS JANGKA PENDEK                                           17.921.316.180    9.958.123.860             TOTAL CURRENT LIABILITIES
LIABILITAS JANGKA PANJANG                                                                                                NON-CURRENT LIABILITIES
Pendapatan Diterima di Muka                           2.r, 23                834.563.297      837.174.293                         Unearned Revenue
Liabilitas Imbalan Kerja                             2.v, 26.b             5.618.516.876    5.197.151.974                 Employee Benefits Liabilities
Liabilitas Jangka Panjang Setelah Dikurangi                                                                               Long-term Liabilities - Net of
 Bagian Jatuh Tempo dalam Satu Tahun                                                                                               Current Maturities
  Liabilitas Sewa                                     2.u, 19                 74.166.028       44.599.263                            Lease Liabilities
  Pinjaman Jangka Panjang                      2.f, 2.g, 2.y, 28, 41      20.142.027.462   18.282.631.817                          Long-term Loans
  Pinjaman Program PEN                                2.y, 27              2.625.000.000    3.062.500.000                       PEN Program Loan
  Obligasi                                            2.y, 29              2.594.469.619    4.490.760.381                                      Bonds
  Sukuk                                               2.y, 30                498.586.194      498.307.111                                      Sukuk
Liabilitas Jangka Panjang Lainnya                        31                  159.530.476      129.796.719                  Other Long-term Liabilities
JUMLAH LIABILITAS JANGKA PANJANG                                          32.546.859.952   32.542.921.558        TOTAL NON-CURRENT LIABILITIES
JUMLAH LIABILITAS                                                         50.468.176.132   42.501.045.418                         TOTAL LIABILITIES




Catatan terlampir merupakan bagian yang tidak terpisahkan dari                             The accompanying notes form an integral part of these
laporan keuangan konsolidasian secara keseluruhan                                                  consolidated financial statements as a whole

d1/June 18, 2024                                                            1
Page 666
PT KERETA API INDONESIA (PERSERO)                                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
LAPORAN POSISI KEUANGAN                                                                   CONSOLIDATED STATEMENTS
KONSOLIDASIAN (Lanjutan)                                                            OF FINANCIAL POSITION (Continued)
Tanggal 31 Desember 2023 dan 2022                                                       As of December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                               (In Thousand Rupiah, Unless Otherwise Stated)

                                               Catatan/
                                                Notes               2023              2022
EKUITAS                                                                                                                                  EQUITY
Ekuitas yang dapat Diatribusikan                                                                          Equity Attributable to the Owner of
 kepada Entitas Induk                                                                                                          the Parent Entity
 Modal Saham                                                                                                                       Share Capital
  Nilai Nominal Rp1.000 per Saham                                                                              Rp1,000 Par Value per Shares
  Modal Dasar Sebesar 40.000.000 Saham                                                                Authorized Capital of 40,000,000 Shares
 Modal Ditempatkan dan Disetor Penuh                                                                                       Issued and Fully Paid
  per 31 Desember 2023 dan 2022                                                                           as of Desember 31, 2023 and 2022
  sebesar 22.368.743 dan                                                                                         amounted to 22,368,743 and
  19.168.743 saham                                32             22.368.743.000    19.168.743.000             19,168,743 shares, respectively
 Tambahan Penyertaan                                                                                                  Additional of Government
  Modal Negara                                    33                          --    3.200.000.000                            Capital Investment
 Saldo Laba                                                                                                                   Retained Earnings
  Ditentukan penggunaannya                        35              9.476.398.277     7.694.357.800                                  Appropriated
  Belum ditentukan penggunaannya                  35                 76.609.318       (15.271.506)                              Unappropriated
 Komponen Ekuitas Lainnya                                                                                          Other Components of Equity
  Akumulasi Rugi Aktuaria atas                                                                                             Accumulated Losses
   Imbalan Kerja                                                 (1.082.459.162)   (1.037.483.391)                        on Employee Benefit
  Tambahan Modal Disetor                         12.h                    486.081           486.081                    Additional Paid-in Capital
  Selisih Likuidasi                               36                     968.135           968.135                     Difference of Liquidation
  Selisih Perubahan Ekuitas                                                                                      Difference in Transactions of
   Entitas Anak                                   34               (24.069.720)      (24.069.720)           Changes in Equity of Subsidiaries
Ekuitas yang dapat Diatribusikan                                                                                         Equity Attributable to
 kepada Pemilik Entitas Induk                     2.c            30.816.675.929    28.987.730.399                   Owner of the Parent Entity
Kepentingan Non-pengendali                      2.c, 37              89.461.312        92.453.906                     Non-controlling Interests
JUMLAH EKUITAS                                                   30.906.137.241    29.080.184.305                              TOTAL EQUITY
JUMLAH LIABILITAS DAN EKUITAS                                    81.374.313.373    71.581.229.723           TOTAL LIABILITIES AND EQUITY




Catatan terlampir merupakan bagian yang tidak terpisahkan dari                     The accompanying notes form an integral part of these
laporan keuangan konsolidasian secara keseluruhan                                          consolidated financial statements as a whole

d1/June 18, 2024                                                    2
Page 667
PT KERETA API INDONESIA (PERSERO)                                                          PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                               AND SUBSIDIARIES
LAPORAN LABA RUGI DAN                                                                              CONSOLIDATED STATEMENTS
PENGHASILAN KOMPREHENSIF LAIN                                                                           OF PROFIT OR LOSS AND
KONSOLIDASIAN                                                                                  OTHER COMPREHENSIVE INCOME
Untuk Tahun-Tahun yang Berakhir                                                                                For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                        (In Thousand Rupiah, Unless Otherwise Stated)

                                                     Catatan/
                                                      Notes                 2023               2022
PENDAPATAN                                                                                                                                    REVENUES
 Pendapatan Angkutan dan                                                                                                              Transportation and
  Usaha Lainnya                                 2.g, 2.w, 2.x, 38, 41    27.764.287.041     22.967.071.664                    Other Operating Revenues
 Pendapatan Konstruksi                               2.w, 17, 45          7.342.248.533      2.610.567.346                         Construction Revenue
Jumlah Pendapatan                                                        35.106.535.574     25.577.639.010                               Total Revenues
BEBAN POKOK PENDAPATAN                                                                                                              COST OF REVENUES
 Beban Angkutan dan Usaha Lainnya               2.w, 2.x, 2.g, 39, 41   (19.676.271.707)   (15.930.293.675)      Transportation and Other Operating Costs
 Beban Konstruksi                                   2.w, 17, 45          (7.342.248.533)    (2.610.567.346)                             Construction Cost
Jumlah Beban Pokok Pendapatan                                           (27.018.520.240)   (18.540.861.021)                      Total Cost of Revenues
LABA BRUTO                                                                8.088.015.334      7.036.777.989                               GROSS PROFIT
Beban Usaha                                           2.w, 40            (4.227.212.786)    (3.664.532.070)                           Operating Expenses
LABA USAHA                                                                3.860.802.548      3.372.245.919                          OPERATING PROFIT
Penghasilan Keuangan                                  2.w, 42               301.722.909        139.514.944                                Finance Income
Bagian Rugi Bersih Entitas                                                                                                 Share in Net Loss of Associates
 Asosiasi dan Ventura Bersama                        2.d, 14.a             (507.073.954)     (267.504.227)                             and Joint Ventures
Beban Keuangan                                        2.w, 43            (1.507.438.966)     (980.572.153)                                   Finance Cost
Selisih Kurs                                            2.f                 (57.275.927)        42.673.710                             Foreign Exchanges
Keuntungan (Kerugian) Lain-lain - Bersih                2.w                  156.750.557      (95.769.893)                     Other Gains (Losses) - Net
LABA SEBELUM PAJAK                                                        2.247.487.167      2.210.588.300                        INCOME BEFORE TAX
BEBAN PAJAK PENGHASILAN                                                                                                          INCOME TAX EXPENSE
Pajak Kini                                              12.d              (144.914.096)      (129.815.754)                                    Current Tax
Penyesuaian Pajak Tahun Lalu                            12.d                (3.475.554)            234.243                      Prior Year Tax Adjustment
Pajak Tangguhan                                         12.d              (227.549.380)      (395.017.569)                                   Deferred Tax
Jumlah Beban Pajak Penghasilan                                            (375.939.030)      (524.599.080)                    Total Income Tax Expense
LABA TAHUN BERJALAN                                                       1.871.548.137      1.685.989.220                      INCOME FOR THE YEAR

PENGHASILAN KOMPREHENSIF LAIN                                                                                         OTHER COMPREHENSIVE INCOME
Penghasilan (Rugi) Komprehensif                                                                                       Other Comprehensive Income (Loss)
 Lain yang Tidak Direklasifikasi ke                                                                                             Not to be Reclassified to
 Laba Rugi pada Tahun Berikutnya:                                                                                            Profit or Loss Subsequently:
 Pengukuran Kembali                                                                                                           Remeasurement of Defined
  Liabilitas Imbalan Pasti                                                  (56.850.198)       746.347.332                              Benefit Obligation
 Efek Pajak Penghasilan Terkait                      2.s, 12.e                11.703.462     (165.506.775)                              Income Tax Effect
Jumlah Penghasilan (Rugi) Komprehensif Lain -                                                                 Total Other Comprehensive Income (Loss) -
 Setelah Pajak                                                              (45.146.736)       580.840.557                                  Net of Tax
JUMLAH LABA KOMPREHENSIF                                                                                              TOTAL COMPREHENSIVE INCOME
 TAHUN BERJALAN                                                           1.826.401.401      2.266.829.777                         FOR THE YEAR

LABA TAHUN BERJALAN                                                                                                             INCOME FOR THE YEAR
 YANG DAPAT DIATRIBUSIKAN KEPADA:                                                                                                  ATTRIBUTABLE TO:
Pemilik Entitas Induk                                   2.c               1.873.921.301      1.782.040.477                      Owner of the Parent Entity
Kepentingan Non-pengendali                            2.c, 37                (2.373.164)       (96.051.257)                       Non-Controlling Interest
JUMLAH                                                                    1.871.548.137      1.685.989.220                                        TOTAL

JUMLAH LABA KOMPREHENSIF                                                                                                      TOTAL COMPREHENSIVE
 YANG DAPAT DIATRIBUSIKAN KEPADA:                                                                                          INCOME ATTRIBUTABLE TO:
Pemilik Entitas Induk                                   2.c               1.828.945.530      2.362.914.534                     Owner of the Parent Entity
Kepentingan Non-pengendali                            2.c, 37                (2.544.129)       (96.084.757)                      Non-controlling Interest
JUMLAH                                                                    1.826.401.401      2.266.829.777                                        TOTAL

Laba per Saham Dasar                                  2.z, 44                        84                 93                      Basic Earning per Share




Catatan terlampir merupakan bagian yang tidak terpisahkan dari                              The accompanying notes form an integral part of these
laporan keuangan konsolidasian secara keseluruhan                                                   consolidated financial statements as a whole

d1/June 18, 2024                                                            3
Page 668
PT KERETA API INDONESIA (PERSERO) DAN ENTITAS ANAK                                                                                                                                           PT KERETA API INDONESIA (PERSERO) AND SUBSIDIARIES
LAPORAN PERUBAHAN EKUITAS KONSOLIDASIAN                                                                                                                                                         CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY
Untuk Tahun-Tahun yang Berakhir                                                                                                                                                                                                     For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                                                                                                                                     December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                                                                                                                             (In Thousand Rupiah, Unless Otherwise Stated)
                                                                                                       Ekuitas yang Dapat Diatribusikan kepada Pemilik Entitas Induk/
                                                                                                            Equity Attributable to the Owner of the Parent Entity
                                                                                                Saldo Laba/                                                Komponen Ekuitas Lain/
                                                                Penyertaan                  Retained Earnings                                            Other Components of Equity
                                                              Modal Negara                                                        Akumulasi                                                         Selisih
                                                              dalam Proses                                                       Rugi Aktuaria                                                   Perubahan
                                             Modal              Penerbitan                                                       atas Imbalan                                                      Ekuitas
                                          Ditempatkan              Saham/                                                            Kerja/              Tambahan                               Entitas Anak/
                                          dan Disetor          State Equity                                                      Accumulated                Modal            Selisih            Difference in                            Kepentingan
                                         Penuh/ Issued        Participation          Ditentukan         Belum Ditentukan            Losses                Disetor/         Likuidasi/         Transactions of                           Non-pengendali/
                              Catatan/    and Paid-up          in Issuance         Penggunaannya/       Penggunaannya/           on Employee             Additional       Liquidating        Changes in Equity        Jumlah/           Non-Controlling    Jumlah ekuitas/
                               Notes     Capital Stock           Process            Appropriated         Unappropriated             Benefit            Paid-in capital    Differences         of Subsidiaries          Total               interest         Total Equity
Saldo 31 Desember 2021                    19.168.743.000                      --        7.694.357.800       (1.797.311.983)      (1.618.357.448)               486.081         968.135                           --   23.448.885.585        148.767.207      23.597.652.792          December 31, 2021
Penambahan Penyertaan                                                                                                                                                                                                                                                           Additional on State Equity
 Modal Negara dalam Proses                                                                                                                                                                                                                                                            Equity Participation
 Penerbitan Saham               33                       --     3.200.000.000                       --                    --                  --                     --                 --                       --    3.200.000.000                  --      3.200.000.000         in Issuance Process
Konversi Pinjaman                                                                                                                                                                                                                                                                          Conversion of
 Pemegang Saham                                          --                   --                    --                    --                  --                     --                 --                       --                --        16.000.000          16.000.000          Shareholders Loan
Penyesuaian atas                                                                                                                                                                                                                                                                           Adjustment of
 Kepentingan Non-pengendali     37                       --                   --                    --                   --                   --                     --                 --          (24.069.720)         (24.069.720)         24.069.720                  --     Non-Controlling Interest
Dividen Entitas Anak                                     --                   --                    --                   --                   --                     --                 --                    --                   --          (298.264)          (298.264)      Dividend of Subsidiaries
Laba Tahun Berjalan             35                       --                   --                    --       1.782.040.477                    --                     --                 --                    --       1.782.040.477        (96.051.257)      1.685.989.220           Income for the Year
Pengukuran Kembali                                                                                                                                                                                                                                                             Remeasurement of Defined
 Liabilitas Imbalan Pasti                                --                   --                    --                    --        580.874.057                      --                 --                       --     580.874.057             (33.500)        580.840.557            Benefit Obligation
                                                                                                                                                                                                                                                                                               Balance at
Saldo 31 Desember 2022                    19.168.743.000        3.200.000.000           7.694.357.800          (15.271.506)      (1.037.483.391)               486.081         968.135              (24.069.720)      28.987.730.399         92.453.906      29.080.184.305         December 31, 2022

Reklasifikasi Penambahan                                                                                                                                                                                                                                                        Reclassification Additional
 Penyertaan Modal Negara        32         3.200.000.000       (3.200.000.000)                      --                    --                  --                     --                 --                       --                --                 --                  --              on State Equity
Dividen Entitas Anak                                   --                   --                      --                    --                  --                     --                 --                       --                --          (448.465)          (448.465)      Dividend of Subsidiaries
Laba Tahun Berjalan                                    --                   --                      --        1.873.921.301                   --                     --                 --                       --    1.873.921.301         (2.373.164)      1.871.548.137           Income for the Year
Pembentukan Cadangan            35                     --                   --          1.782.040.477       (1.782.040.477)                   --                     --                 --                       --                --                 --                  --      Reserve Establishment
Pengukuran Kembali                                                                                                                                                                                                                                                             Remeasurement of Defined
 Liabilitas Imbalan Pasti                                --                   --                    --                    --        (44.975.771)                     --                 --                       --     (44.975.771)           (170.965)        (45.146.736)           Benefit Balance
                                                                                                                                                                                                                                                                                                Obligationat
Saldo 31 Desember 2023                    22.368.743.000                      --        9.476.398.277           76.609.318       (1.082.459.162)               486.081         968.135              (24.069.720)      30.816.675.929         89.461.312      30.906.137.241           December 31, 2023




Catatan terlampir merupakan bagian yang tidak terpisahkan dari                                                                                                                                                                     The accompanying notes form an integral part of these
laporan keuangan konsolidasian secara keseluruhan                                                                                                                                                                                          consolidated financial statements as a whole

d1/June 18, 2024                                                                                                                                    4
Page 669
PT KERETA API INDONESIA (PERSERO)                                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                       AND SUBSIDIARIES
LAPORAN ARUS KAS                                                                           CONSOLIDATED STATEMENTS
KONSOLIDASIAN                                                                                            OF CASH FLOWS
Untuk Tahun-Tahun yang Berakhir                                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                (In Thousand Rupiah, Unless Otherwise Stated)

                                         Catatan/
                                          Notes             2023                   2022
Arus Kas dari                                                                                                           Cash Flows from
 Aktivitas Operasi                                                                                                 Operating Activities
 Penerimaan Kas dari Pelanggan                             23.922.111.200        18.291.269.386           Cash Receipts from Customers
 Pembayaran kepada Pemasok                               (12.614.784.290)        (9.701.299.799)                  Payments to Suppliers
 Pembayaran kepada Karyawan                               (7.261.135.359)        (6.469.435.899)                Payments to Employees
 Penerimaan dari Pemerintah                                 2.893.428.499          4.043.803.506              Receipts from Government
 Pembayaran kepada Pemerintah                               (656.220.091)          (221.003.573)               Payments to Government
 Penerimaan Bunga                                             192.619.984            139.527.011           Receipts from Interest Income
 Penerimaan Kas dari Restitusi Pajak       12.g                52.410.340            240.700.252        Cash Receipt from Tax Restitution
 Pembayaran Pajak Penghasilan                               (452.680.995)          (261.362.844)                 Payment of Income Tax
 Pembayaran Beban Keuangan                                (1.357.714.336)          (900.937.343)               Payment of Finance Cost
Arus Kas Bersih yang Diperoleh dari                                                                           Net Cash Flow Provided by
 Aktivitas Operasi                                         4.718.034.952          5.161.260.697                     Operating Activities
Arus Kas dari                                                                                                              Cash Flows from
 Aktivitas Investasi                                                                                                   Investing Activities
 Perolehan Aset Tetap                     15, 51          (2.844.996.137)        (2.666.090.431)              Acquisitions of Fixed Assets
 Penjualan Aset Lain-lain                                      78.446.395                     --                 Disposal of Other Assets
 Perolehan Hak Pengoperasian                                                                          Acquisitions of Infrastructure Assets
  Aset Prasarana                          17, 51          (3.637.895.369)        (2.708.416.051)                           Operating Right
 Penambahan Properti Investasi              16               (37.901.562)                     --         Addition of Investment Properties
 Penambahan Aset Takberwujud                18              (182.588.089)           (79.721.528)               Addition of Intangible Asset
 Penempatan Uang Muka                                                                                                 Placement of Paid-up
  Setoran Modal                            11.b           (2.728.053.311)          (791.878.657)                          Capital Advance
 Penempatan Investasi pada Entitas                                                                     Placement Investment in Associate
  Asosiasi dan Ventura Bersama             14.a              (22.050.000)            (4.900.000)                         and Joint Venture
 Pinjaman diberikan kepada                                                                                                  Loans Granted
  Entitas Asosiasi                                           (30.233.000)                      --                             in Associate
 Penerimaan Pokok Pinjaman dari                                                                                    Receipts of Loans from
  Entitas Asosiasi dan Ventura Bersama                           22.050.000                    --          Associates and Joint Ventures
 Penerimaan Bunga Pinjaman dari                                                                              Receipt of Interest Loans from
  Entitas Asosiasi dan Ventura Bersama   8, 40, 51                       --         791.878.657              Associate and Joint Ventures
 Penerimaan Dividen dari Entitas                                                                         Dividend Receipts from Associate
  Asosiasi dan Ventura Bersama             14.a                  19.807.329               688.263                        and Joint Venture
 Penarikan Dana                                                                                                               Drawdown of
  Dibatasi Penggunaannya                    6              4.024.574.246                       --                          Restricted Fund
 Penempatan Dana                                                                                                              Placement of
  Dibatasi Penggunaannya                    6               (101.878.255)        (2.860.752.138)                           Restricted Fund
 Penempatan Sinking Fund                                                                              Placement of Sinking Fund Jakarta -
  Proyek Kereta Cepat Jakarta Bandung       6               (900.122.689)                      --   Bandung High Speed Railway Project
Arus Kas Bersih yang Digunakan                                                                                   Net Cash Flows Used in
 untuk Aktivitas Investasi                                (6.340.840.442)        (8.319.191.885)                     Investing Activities
Arus Kas dari                                                                                                           Cash Flows from
 Aktivitas Pendanaan                                                                                                Financing Activities
 Penerimaan Pinjaman Bank                                                                                       Receipts from Short-term
  Jangka Pendek                           24, 51           5.636.300.935         13.706.510.355                              Bank Loans
 Penerimaan Pinjaman Bank                                                                                        Receipts from Long-term
  Jangka Panjang                          28, 51           3.200.303.452          2.654.659.753                              Bank Loans
 Pembayaran Pinjaman Bank                                                                                       Payment from Short-term
  Jangka Pendek                           24, 51          (6.007.777.797)       (14.606.472.528)                             Bank Loans
 Pembayaran Pinjaman Bank                                                                                        Payment from Long-term
  Jangka Panjang                          28, 51          (1.236.391.211)          (941.505.588)                             Bank Loans
 Pembayaran Liabilitas Sewa                 19               (31.554.208)            (37.190.355)           Payment of Lease Liabilities
 Pembayaran Pinjaman Program PEN                            (437.500.000)                      --      Repayment from government loans
 Penerimaan Obligasi                        29                         --          1.500.000.000                     Receipts from Bonds
 Penerimaan Sukuk                           30                         --            500.000.000                     Receipts from Sukuk
 Pembayaran Obligasi                        29                         --        (1.000.000.000)                    Repayment of Bonds
 Pembayaran Biaya Emisi Obligasi            51                         --             (5.041.083)      Payment of Issuance Costs Bonds
 Pembayaran Biaya Emisi Sukuk               51                         --             (1.785.917)      Payment of Issuance Costs Sukuk
 Penerimaan Penyertaan Modal Negara       32, 33                       --          3.200.000.000          Addition of Government Capital
 Penempatan Dana Talangan                                                                                    Placement of Bailout Funds
  Kepentingan Non-pengendali                                             --          33.897.362                  Non-Controlling Interest
 Pembayaran Dividen                                                                                               Payments of Dividends
   Entitas Anak                                                   (448.465)            (298.264)                         of Subsidiaries
Arus Kas Bersih yang Diperoleh                                                                               Net Cash Flows Provided by
 dari Aktivitas Pendanaan                                  1.122.932.706          5.002.773.735                     Financing Activities


Catatan terlampir merupakan bagian yang tidak terpisahkan dari                    The accompanying notes form an integral part of these
laporan keuangan konsolidasian secara keseluruhan                                         consolidated financial statements as a whole

d1/June 18, 2024                                                     5
Page 670
PT KERETA API INDONESIA (PERSERO)                                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                         AND SUBSIDIARIES
LAPORAN ARUS KAS                                                                             CONSOLIDATED STATEMENTS
KONSOLIDASIAN                                                                                              OF CASH FLOWS
Untuk Tahun-Tahun yang Berakhir                                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                  (In Thousand Rupiah, Unless Otherwise Stated)

                                          Catatan/
                                           Notes             2023                    2022
Kenaikan (Penurunan) Bersih Kas                                                                             Increase (Decrease) in Cash and
 dan Setara Kas                                              (499.872.784)           1.844.842.547                        Cash Equivalents
Kas dan Setara Kas                                                                                           Cash and Cash Equivalents at the
 Awal Tahun                                                 5.695.720.193            3.808.203.932                           Beginning Year
Selisih Kurs                                                                                                          Foreign Exchange Rate
 Kas dan Setara Kas                                              (57.275.927)           42.673.714               Cash and Cash Equivalents
Kas dan Setara Kas                                                                                               Cash and Cash Equivalents
 Akhir Tahun                                 5              5.138.571.482            5.695.720.193                         at the End Year


Informasi tambahan terkait arus kas disajikan pada Catatan 51.        Additional information related to cash flows is presented in Note 51.




Catatan terlampir merupakan bagian yang tidak terpisahkan dari                      The accompanying notes form an integral part of these
laporan keuangan konsolidasian secara keseluruhan                                           consolidated financial statements as a whole

d1/June 18, 2024                                                      6
Page 671
PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN                                                                      FINANCIAL STATEMENTS
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum                                                  1.     General
    a. Pendirian dan Informasi Umum                              a. Establishment and General Information
       PT Kereta Api Indonesia (Persero)                            PT Kereta Api Indonesia (Persero)
       ("Perusahaan")    mulanya       merupakan                    (the "Company") was originally part of
       bagian dari gabungan Perusahaan Asing                        combination       Dutch-owned      foreign
       Milik Belanda yang bergerak disektor                         company engaged in the railway sector,
       perkeretaapian, didirikan dan beroperasi                     was      established     and     operated
       secara komersial pada tahun 1864 di                          commercially in 1864 in Java and Sumatra.
       wilayah Jawa dan Sumatera. Pada tahun                        In 1963 officially established/formed a
       1963 secara resmi didirikan/dibentuk                         State Company engaged in the railway
       Peruspahaan Negara yang bergerak                             sector based on Government Regulation
       disektor   perkeretaapian     berdasarkan                    No. 22 of 1963, from 12 Dutch-owned
       Peraturan Pemerintah No 22 tahun 1963,                       foreign railway companies nationalized by
       dari 12 Perusahaan Asing Kereta Api Milik                    the Government of the Republic of
       Belanda     yang    dinasionalisasi  oleh                    Indonesia. (Government Regulation No. 40
       Pemerintah       Republik       Indonesia.                   and No. 41/1959).
       (Peraturan Pemerintah No 40 dan No 41
       tahun 1959).
        PT Kereta Api Indonesia (Persero)                           PT Kereta Api Indonesia (Persero) (the
        ("Perusahaan") didirikan pada tanggal                       “Company”), was established based on
        1 Juni 1999 dengan Akta Notaris No. 2 dari                  Notarial Deed No. 2 dated June 1, 1999 of
        Notaris Imas Fatimah, S.H., Notaris di                      Imas Fatimah, S.H., Notary in Jakarta, and
        Jakarta, yang disempurnakan dengan Akta                     amended with Notarial Deed No. 14 dated
        Notaris No. 14 tanggal 13 September 1999                    September 13, 1999 of Imas Fatimah,
        dari notaris yang sama, akta-akta                           S.H., in Jakarta. These deeds were
        tersebut telah mendapat pengesahan                          approved by the Minister of Law of
        dari    Menteri    Kehakiman     Republik                   Republic of Indonesia as stated on his
        Indonesia berdasarkan Surat Keputusan                       Decision Letter No. C-17171 HT.01.
        No. C-17171 HT.01.01.TH.99 tanggal                          01.TH.99 dated October 01, 1999 and was
        1 Oktober 1999 dan telah diumumkan                          published in State Gazette of Republic of
        dalam Berita Negara Republik Indonesia                      Indonesia No. 4 Supplement No. 240/2000
        No. 4 Tambahan No. 240/2000 tanggal                         dated January 14, 2000.
        14 Januari 2000.
        Anggaran     Dasar    Perusahaan    telah                   The Company's Articles of Association
        mengalami beberapa kali perubahan,                          have been amended several times, most
        terakhir     berdasarkan     Pernyataan                     recently by Statement of Minister of State-
        Keputusan Menteri Negara Badan Usaha                        Owned Enterprises (SOEs) in lieu of the
        Milik Negara (BUMN) selaku Rapat Umum                       Company         General    Meeting       of
        Pemegang Saham Perusahaan PT Kereta                         Shareholders of PT Kereta Api Indonesia
        Api Indonesia (Persero) yang dicatat                        (Persero) according to Deed No. 122 dated
        dalam Akta No. No. 122 tanggal 11 Januari                   January      11,    2023      of     Nining
        2023 dari Notaris Nining Puspitaningtyas,                   Puspitaningtyas, S.H., Sp.1., M.H., Notary
        S.H., Sp.1., M.H., Notaris di Bandung                       in Bandung regarding purposes and
        tentang perubahan maksud dan tujuan                         objectives of the company. The Deed was
        perusahaan. Akta perubahan tersebut                         approved by the Minister of Law and
        telah mendapat persetujuan dari Menteri                     Human Rights of the Republic of Indonesia
        Hukum dan Hak Asasi Manusia dengan                          with Decision Letter No. AHU 01.03-
        Surat Keputusan No. AHU-01.03-0008225                       0008225 dated January 17, 2023.
        tanggal 17 Januari 2023.
        Perusahaan berkantor pusat di Jl. Perintis                  The Company's head office is located at Jl.
        Kemerdekaan No. 1, Bandung.                                 Perintis Kemerdekaan No. 1, Bandung.
        Seluruh saham Perusahaan dimiliki oleh                      The Company’s shares of stock are wholly
        Pemerintah Republik Indonesia.                              owned by the Government of the Republic
                                                                    of Indonesia.

                                                     7
Page 672
PT KERETA API INDONESIA (PERSERO)                                       PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                             AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                  FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                              December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                   (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                          1.     General (Continued)

    b. Maksud dan Tujuan                                         c. b. Purposes and Objectives
       Sesuai dengan Pasal 3 ayat 1 melakukan                          In accordance with Article 3 paragraph 1,
       penyelenggaraan     perkeretaapian     dan                      carrying out railway operations and
       optimalisasi pemanfaatan sumber daya                            optimizing the use of resources owned by
       yang     dimiliki   Perusahaan       untuk                      the Company to produce goods and/or
       menghasilkan barang dan/atau jasa yang                          services of high quality and strong
       bermutu tinggi dan berdata saing kuat                           competitiveness to obtain/pursue profits in
       untuk mendapatkan/mengejar keuntungan                           order to increase the value of the
       guna meningkatkan nilai Perseroan                               Company by applying the principles of
       dengan      menerapkan      prinsip-prinsip                     Limited Liability Companies.
       Perseroan Terbatas.

        Untuk mencapai maksud dan tujuan                               To achieve the above purposes and
        tersebut di atas, Perusahaan dapat                             objectives, the Company may perform
        melaksanakan kegiatan usaha sebagai                            these following activities:
        berikut:
        1) Melakukan penyelenggaraan prasana                           1) Carrying out railway infrastructure that
            perkeretaapian         yang      meliputi                     includes the construction, operation,
            pembangunan,              pengoperasian,                      maintenance, and business of railway
            perawatan,       dan       pengusahaan                        infrastructure that includes business
            prasarana       perkeretapian      yang                       activities:
            mencakup pada kegiatan usaha:
            a) Konstruksi Gedung lainnya;                                 a) Construction of other buildings;
            b) Konstruksi jalan rel;                                      b) Construction of the rail road;
            c) Konstruksi         Bangunan      Sipil                     c) Construction of Civil Building
                 Jembatan, Jalan Layang, Fly Over                              Bridges, Overpasses, Fly Over
                 dan underpass;                                                and underpasses;
            d) Konstruksi Terowongan;                                     d) Tunnel construction;
            e) Konstruksi         Bangunan      Sipil                     e) Construction                         of
                 Telekomunikasi untuk Prasarana                                Telecommunication Civil Buildings
                 Transportasi;                                                 for Transportation Infrastructure;
            f) Instalasi Listrik;                                         f) Electrical Installation;
            g) Instalasi           Sinyal        dan                      g) Railway Signal installation and
                 Telekomunikasi Kereta Api; dan                                telecommunications; and
            h) Aktivitas Stasiun Kereta Api.                              h) Train Station activity;
        2) Melakukan penyelenggaraan sarana                            2) Conduct the implementation of railway
            perkeretaapian meliputi pengadaan,                            advice      which       includes      the
            pengoperasian,        perawatan      dan                      procurement, operation, maintenance,
            pengusahaan sarana perkeretaapian                             and business of railway facilities that
            yang mencakup pada kegiatan usaha:                            include business activities:
            a) Reparasi lokomotif dan gerbong                             a) Repairment        locomotives     and
                 kereta;                                                       wagon;
            b) Angkutan        jalan     rel  untuk                       b) Rail road transportation for
                 penumpang;                                                    passengers;
            c) Angkutan jalan rel untuk barang;                           c) Rail road transportation for goods;
            d) Angkutan        jalan     rel  untuk                       d) Rail road transportation for urban
                 perkotaan;                                                    areas;
            e) Angkutan jalan rel untuk wisata;                           e) Rail road transportation for tours;




                                                        8
Page 673
PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                         1. General (Continued)

        3) Perdagangan besar alat transportasi                    3) Large trade in land transportation
           darat (bukan mobil, sepeda motor, dan                     (exclude cars, motorcycles, and
           sejenisnya),     suku     cadang   dan                    others), spare parts and equipment;
           perlengkapannya;
        4) Perdagangan besar barang bekas dan                     4) Large trade in used and unused goods
           sisa-sisa tak terpakai (scrap);                            (scrap);
        5) Aktivitas konsultasi transportasi;                     5) Transportation consulting activities;
        6) Aktivitas konsultasi manajemen lainya;                 6) Other        management         consulting
                                                                      activities;
        7) Kegiatan penunjang pendidikan;                         7) Educational support activities;
        8) Penanganan kargo (bongkar muat                         8) Cargo handling (goods’s loading and
            barang);                                                  unloading);
        9) Aktivitas Ekspedisi Muatan Kereta Api                  9) Railway Cargo Expedition activities
            dan Ekspedisi Angkutan Darat (EMKA                        and Land Transport Expeditions
            & EAD);                                                   (EMKA & EAD);
        10) Angkutan multimoda;                                   10) Multimodal transportation;
        11) Aktivitas agen perjalanan lainnya;                    11) Other travel agents’s activities;
        12) Pendidikan lainnya swasta;                            12) Other private education;
        13) Pendidikan kesehatan swasta;                          13) Private health education;
        14) Pendidikan dan pelatihan di bidang                    14) Education and training in the railways
            perkeretaapian;                                           areas;
        15) Aktivitas penunjang pertambangan dan                  15) Supporting activities of mining and
            penggalian lainnya;                                       other excavations;
        16) Usaha jasa pertambangan;                              16) Mining services;
        17) Real estate yang dimiliki sendiri atau                17) Self-owned or leased real estate; and
            disewa; dan
        18) Kerjasama peningkatan akses stasiun                   18) Improvement at access to railway
            kereta api yang bersinggungan dengan                      stations that intersect by other parties
            lahan     milik  pihak     lain    untuk                  with the concept of connecting in order
            dikembangkan        dengan      konsep                    to increase value added for the
            terhubung dalam rangka meningkatkan                       Company       and    improvement      of
            nilai tambah bagi Perusahaan dan                          passenger services.
            mendukung peningkatan pelayanan
            penumpang.

        Selain kegiatan usaha utama, perusahaan                   Other than its core business, the company
        dapat melakukan kegiatan usaha dalam                      may perform its activities to optimize the
        rangka optimalisasi pemanfaatan sumber                    resource which are owned by the
        daya yang dimiliki untuk:                                 Company to:
        1) Pergudangan dan penyimpanan;                           1) Warehousing and storage;
        2) Aktivitas cold storage;                                2) Cold storage activities;
        3) Aktivitas bounded warehousing atau                     3) Bounded warehousing activities or
            wilayah kawasan berikat;                                  bonded area areas;
        4) Pergudangan        dan    penyimpanan                  4) Warehousing and other storage;
            lainnya;
        5) Aktivitas pelayanan kepelabuhan laut;                  5) Marine service activities;
        6) Aktivitas    pelayanan    kepelabuhan                  6) Service activities of river and lake
            sungai dan danau;                                         facilities;
        7) Angkutan melalui saluran pipa;                         7) Transportation pipelines;
        8) Konstruksi sentral telekomunikasi;                     8) Central           construction     of
                                                                      telecommunications;
        9) Konstruksi jaringan irigasi, komunikasi                9) Construction of irrigation networks,
            dan limbah lainnya;                                       communication and other waste;
        10) Aktivitas telekomunikasi khusus untuk                 10) Special telecommunication activities
            keperluan sendiri;                                        for internal purposes;

                                                       9
Page 674
PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                           1. General (Continued)

        11) Aktivitas pengolahan data;                              11) Data processing activities;
        12) Portal web dan/atau platform digital                    12) Web portals and/or digital platforms for
            dengan tujuan komersial;                                    commercial purposes;
        13) Konstruksi Gedung Hunian;                               13) Residential Building’s construction;
        14) Konstruksi Gedung Perkantoran;                          14) Office building’s construction;
        15) Konstruksi Gedung Perbelanjaan;                         15) Shopping building’s construction;
        16) Konstruksi Gedung Penginapan;                           16) Inn Building’s construction;
        17) Instalasi Mekanikal;                                    17) Mechanical installation;
        18) Instalasi konstruksi lainnya yang tidak                 18) Unclassified       Other     construction
            diklasifikasikan di tempat lain;                            installations;
        19) Periklanan;                                             19) Advertising;
        20) Aktivitas klinik swasta;                                20) Private clinic activities;
        21) Aktivitas pelayanan kesehatan yang                      21) Health care activities carried out by
            dilakukan oleh tenaga kesehatan                             health workers beside of doctors and
            selain dokter dan dokter gigi;                              dentists;
        22) Perdagangan eceran barang obat                          22) Pharmaceutical drug’s retail trade in
            farmasi untuk manusia di apotek;                            human’s pharmacies;
        23) Aktivitas      pelayanan       penunjang                23) Health support service activities;
            kesehatan;
        24) Konstruksi gedung kesehatan;                            24) Health building’s construction;
        25) Penyiapan lahan;                                        25) Land preparation;
        26) Museum yang dikelola swasta;                            26) Private museums;
        27) Aktivitas biro perjalanan wisata; dan                   27) Travel agencies’s activities; and
        28) Melakukan kegiatan penyertaan modal                     28) Capital investment other companies to
            pada perusahaan lain dalam rangka                           develop the Company's business
            mengembangkan           proses     bisnis                   processes.
            Perseroan.

        Kegiatan utama Perusahaan saat ini                          The Company's current main business
        adalah bergerak dalam bidang usaha                          activities are in railway transportation for
        pengangkutan      penumpang     dan/atau                    passenger and/or freight, railway-based
        barang dengan kereta api, usaha                             education and training services, and rolling
        pendidikan dan pelatihan di bidang                          stock/infrastructure/facility rental business
        perkeretaapian, serta usaha penyewaan                       including shops/warehouse/station space
        sarana/prasarana/fasilitas yang meliputi                    and container terminal.
        sewa kios/gudang/ruang stasiun dan
        terminal peti kemas.

    c. Wilayah Kerja                                            c. Operation Regions
       Dalam menjalankan kegiatan operasinya,                      In conducting its business, the Company
       Perusahaan memiliki Daerah Operasi,                         has Operating Region, Regional Division,
       Divisi Regional, Balai Yasa, dan Divisi                     Balai Yasa (Workshop), and Special
       Bertujuan Khusus sebagai berikut:                           Purpose Division as follow:

        Daerah Operasi (Daop), terdiri dari:                        Operating Regions (Daop) consists of:
        1) Daop 1, berkedudukan di Jakarta                          1) Daop 1, located in Jakarta
        2) Daop 2, berkedudukan di Bandung                          2) Daop 2, located in Bandung
        3) Daop 3, berkedudukan di Cirebon                          3) Daop 3, located in Cirebon
        4) Daop 4, berkedudukan di Semarang                         4) Daop 4, located in Semarang
        5) Daop 5, berkedudukan di Purwokerto                       5) Daop 5, located in Purwokerto
        6) Daop 6, berkedudukan di Yogyakarta                       6) Daop 6, located in Yogyakarta
        7) Daop 7, berkedudukan di Madiun                           7) Daop 7, located in Madiun
        8) Daop 8, berkedudukan di Surabaya                         8) Daop 8, located in Surabaya
        9) Daop 9, berkedudukan di Jember                           9) Daop 9, located in Jember


                                                        10
Page 675
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                        1. General (Continued)

        Divisi Regional (Divre), terdiri dari:                     Regional Division (Divre), consists of:
        1) Divre I, berkedudukan di Medan                          1) Divre I, located in Medan
        2) Divre II, berkedudukan di Padang                        2) Divre II, located in Padang
        3) Divre III, berkedudukan di Palembang                    3) Divre III, located in Palembang
        4) Divre IV, berkedudukan di Tanjung                       4) Divre IV, located in Tanjung Karang
            Karang

        Balai Yasa terdiri dari:                                   Balai Yasa, consists of:
        1) Balai Yasa Manggarai, berkedudukan                      1) Balai Yasa Manggarai, located in
            di Jakarta                                                 Jakarta
        2) Balai Yasa Tegal, berkedudukan di                       2) Balai Yasa Tegal, located in Tegal
            Tegal
        3) Balai Yasa Yogyakarta, berkedudukan                     3) Balai Yasa Yogyakarta, located in
            di Yogyakarta                                             Yogyakarta
        4) Balai Yasa Gubeng, berkedudukan di                      4) Balai Yasa Gubeng, located in
            Surabaya                                                  Surabaya
        5) Balai Yasa Lahat, berkedudukan di                       5) Balai Yasa Lahat, located in Lahat
            Lahat
        6) Balai Yasa Pulubrayan, berkedudukan                     6) Balai Yasa Pulubrayan, located in
            di Medan                                                  Medan

        Divisi Bertujuan Khusus yaitu Light Rail                   Special Purpose Division is Light Rail
        Transit Jabodebek, berkedudukan di                         Transit Jabodebek, located in Jakarta.
        Jakarta.

    d. Susunan Dewan Komisaris dan Direksi                     d. Board of Commisioners and Directors
       Beserta Karyawan                                           and Employees

        Susunan Dewan Komisaris pada tanggal                       The composition of the Company’s Board
        31 Desember 2023 dan 2022 berdasarkan                      of Commissioners changes as of
        Akta No. 383 tanggal 30 September 2022                     December 31, 2023 and 2022 based on
        dibuat di hadapan Nining Puspitaningtyas,                  the Deed No. 383 dated September 30,
        S.H., M.H. Notaris di Bandung yang telah                   2022 made in presence of Nining
        mendapat persetujuan dari Kementerian                      Puspitaningtyas, S.H., M.H., Notary in
        Hukum dan Hak Asasi Manusia dengan                         Bandung that have approved by the
        Surat Keputusan No. AHU-AH.01.09-                          Ministry of Law and Human Rights with
        0063053 tanggal 7 Oktober 2022 adalah                      Decision Letter No. AHU-AH.01.09-
        sebagai berikut:                                           0063053 dated October 7, 2022 are as
                                                                   follows:

                                                         2023 dan 2022/
                                                         2023 and 2022
        Dewan Komisaris                                                                     Board of Commisioners
        Komisaris Utama dan                                                              President Commissioner and
         Komisaris Independen                            Said Aqil Siroj                Independent Commissioner
        Komisaris Independen                             Riza Primadi                     Independent Commissioner
        Komisaris Independen                                Rochadi                       Independent Commissioner
        Komisaris Independen                            Endang Tirtana                    Independent Commissioner
        Komisaris Independen                              Johan Sirait                    Independent Commissioner
        Komisaris                                        Diah Natalisa                                Commissioner
        Komisaris                                        Chairul Anwar                                Commissioner
        Komisaris                                Sri Paduka Mangkoenagoro X                           Commissioner
        Komisaris                                    Mohamad Risal Wasal                              Commissioner




                                                    11
Page 676
PT KERETA API INDONESIA (PERSERO)                                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                              (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                                     1.     General (Continued)

        Susunan Dewan Direksi pada tanggal                                        The composition of the Company’s Board
        31 Desember 2023 dan 2022, berdasarkan                                    of Directors changes as of December 31,
        Akta No.50 tanggal 12 Desember 2023                                       2023 and 2022, based on the Deed No.50
        dan No. 09 tanggal 2 November 2022                                        dated December 12, 2023 and No. 09
        dibuat di hadapan Notaris Nining                                          dated November 2, 2022 made in
        Puspitaningtyas, S.H., Sp.1., M.H., Notaris                               presence of Nining Puspitaningtyas, S.H.,
        di Bandung yang telah mendapat                                            Sp.1., M.H., in Notary Bandung that have
        persetujuan dari Kementerian Hukum dan                                    approved by the Ministry of Law and
        Hak Asasi Manusia dengan Surat                                            Human Rights with Decision Letter
        Keputusan No. AHU-AH.01.09-0195208                                        No.AHU-AH.01.09-0195208            dated
        tanggal   12     Desember      2023    dan                                December 12, 2023 and         No. AHU-
        No. AHU-AH.01.09-00072126 tanggal                                         AH.01.09-0072126 dated November 2,
        2 November 2022. Susunan Dewan                                            2022. The composition of the Company’s
        Direksi pada tanggal 31 Desember 2023                                     Board of Directors changes as of
        dan 2022 sebagai berikut:                                                 December 31, 2023 and 2022 are as
                                                                                  follows:

                                                    2023                                2022
        Direksi                                                                                                                   Directors
        Direktur Utama                        Didiek Hartantyo                   Didiek Hartantyo                        President Director
        Direktur Niaga                       Hadis Surya Palapa                 Hadis Surya Palapa                Director of Commercials
        Direktur Operasi                 Awan Hermawan Purwadinata          Awan Hermawan Purwadinata               Director of Operations
        Direktur Pengelolahan                                                                                     Director of Infrastructure
         Prasarana                             Heru Kuswanto                      Heru Kuswanto                              Management
        Direktur Perencanaan Strategis                                                                       Director of Strategic Planning
         dan Pengelolaan Sarana                John Robertho                      Eko Purwanto          and Rolling Stock Management
        Direktur Keselamatan                                                                                         Director of Safety and
         dan Keamanan                        Sandry Pasambuna                   Sandry Pasambuna                                  Security
        Direktur Sumber Daya                                                                                    Director of Human Capital
         Manusia dan Umum                         Suparno                            Suparno                         and General Affairs
        Direktur Pengembangan                                                                      Director of Business Development and
         Usaha dan Kelembagaan                Rudi As Aturridha                   John Robertho                    Institutional Relations
        Direktur Keuangan                                                                                               Director of Finance
         dan Manajemen Risiko                  Salusra Wijaya                     Salusra Wijaya                  and Risk Management


        Susunan anggota Komite Audit pada                                         The composition of members of the Audit
        tanggal 31 Desember 2023 dan 2022                                         Committee as of December 31, 2023 and
        berdasarkan Surat Keputusan Dewan                                         2022 based on Decree of the Board of
        Komisaris No. 08/CH/DEKOM/XI/2022                                         Commissioner No.08/CH/DEKOM/XI/2022,
        tanggal 23 November 2022 adalah sebagai                                   dated November 23, 2022 are as follows:
        berikut:

                                                                       2023 dan 2022/
                                                                       2023 and 2022
        Komite Audit                                                                                                     Audit Committee
        Ketua                                                         Riza Primadi                                              Chairman
        Anggota                                                          Rochadi                                                 Member
        Anggota                                                        Johan Sirait                                              Member
        Anggota                                                          Ernesto                                                 Member
        Anggota                                                   Amalia Setyanti Lestari                                        Member


        Susunan Komite Pemantau Manajemen                                         The composition of the Risk Management
        Risiko pada tanggal 31 Desember 2023                                      Monitoring Committee as of December 31,
        dan 2022 berdasarkan Keputusan Dewan                                      2023    and    2022      based on   No.
        Komisaris No. 09/CH/DEKOM/XI/2022                                         09/CH/DEKOM/XI/2022 dated November
        tanggal 23 November 2022 adalah sebagai                                   23, 2022 are as follows:
        berikut:




                                                                  12
Page 677
PT KERETA API INDONESIA (PERSERO)                                               PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                          FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                      For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                      December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                           (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                                  1.     General (Continued)
                                                                    2023 dan 2022/
                                                                    2023 and 2022
        Komite Pemantau                                                                                            Monitoring Risk
         Manajemen Risiko                                                                                 Management Committee
        Ketua (merangkap Anggota)                                 Chairul Anwar                      Chairman (concurrently Member)
        Anggota                                                  Endang Tirtana                                             Member
        Anggota                                                Mohamad Risal Wasal                                          Member
        Anggota                                                    Miranti Gani                                             Member
        Sekretaris/Anggota                                       Handy Purnama                                    Secretary/Member


        Perubahan susunan Komite Pemantau                                        The composition changes of the Risk
        Nominasi dan Remunerasi pada tanggal                                     Management         Nomination         and
        31 Desember 2023 dan 2022, berdasarkan                                   Remuneration      Committee      as    of
        Keputusan        Dewan          Komisaris                                December 31, 2023 and 2022, based on
        No.   03/CH/DEKOM/VIII/2022       tanggal                                No.    03/CH/DEKOM/VIII/2022        dated
        30        Agustus        2022         dan                                August        30,         2022        and
        No. 01/SK/CH/DEKOM/I/2022 tanggal                                        No.    01/SK/CH/DEKOM/I/2022        dated
        27 Januari 2022 adalah sebagai berikut:                                  January 27, 2022 are as follows:
                                                                     2023 dan 2022/
                                                                     2023 and 2022
         Komite Nominasi                                                                             Nomination and Remuneration
          dan Remunerasi                                                                                               Committee
         Ketua (merangkap Anggota)                                    Said Aqil Siroj                Chairman (concurrently Member)
         Anggota                                                      Diah Natalisa                                         Member
         Anggota                                             Sri Paduka Mangkoenagoro X                                     Member
         Anggota                                                  Corina D. Riantoputra                                     Member

        Pada tanggal 31 Desember 2023 dan                                        As of December 31, 2023 and 2022, the
        2022, kepala satuan pengendali internal                                  head of the internal control unit and the
        dan sekretaris Perusahaan adalah sebagai                                 Company secretary are as follows:
        berikut:
                                                    2023                              2022
        Satuan Pengendali Internal (SPI)                                                                Internal Audit Unit (SPI) and
         dan Sekretaris Perusahaan                                                                            Corporate Secretary
        Ketua Satuan                                                                                                  Head of Internal
         Pengendali Internal                 Dwi Erni Ratnawati                 Dwi Erni Ratnawati                       Audit (SPI)
        Sekretaris Perusahaan            Raden Agus Dwinanto Budiadji            Asdo Artriviyanto                Corporate Secretary


        Pada tanggal 31 Desember 2023 dan 2022                                   As of December 31, 2023 and 2022 the
        jumlah karyawan (tidak termasuk Direksi)                                 number of employees (excluding Directors)
        Perusahaan dan entitas anak (“Grup”)                                     The Company and subsidiaries (“Group”)
        masing-masing sejumlah 53.460 pegawai                                    are 53,460 employees (31,624 fixed,
        (31.624 pegawai tetap, 21.836 pegawai                                    21,836 contracted and outsourcing) and
        tidak tetap dan alih daya) dan 48.564                                    48,564 (30,735 fixed, 17,829 contracted
        orang (30.735 pegawai tetap, 17.829                                      and outsourcing) employees, respectively.
        pegawai tidak tetap dan alih daya).
    e. Penawaran Umum Obligasi dan Sukuk                                   e.    The Company's Bonds and Sukuk Ijarah
       Ijarah Perusahaan                                                         Public Offering
       Pada tanggal 13 November 2017,                                            As of November 13, 2017, the Company
       Perusahaan telah mendapatkan surat                                        obtained an effective statement from
       pernyataan efektif dari Otoritas Jasa                                     Financial    Services    Authority   (OJK)
       Keuangan (OJK) No. S-438/D.04/2017                                        No. S-438/D.04/2017 for Initial Public
       atas Penawaran perdana penerbitan                                         Offering on the issuance of bonds I Kereta
       Obligasi I Kereta Api Indonesia tahun 2017                                Api Indonesia year 2017 with a principal
       dengan       jumlah      pokok     sebesar                                amount of Rp2,000,000,000 and were
       Rp2.000.000.000 dan telah dicatatkan                                      listed on the Indonesia Stock Exchange on
       pada Bursa Efek Indonesia pada tanggal                                    November 21, 2017.
       21 November 2017.

                                                               13
Page 678
PT KERETA API INDONESIA (PERSERO)                                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                             (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                                       1. General (Continued)
        Pada tanggal 18 November 2022,                                                  On November 18, 2022, the Company has
        Perusahaan telah melunasi Obligasi I seri                                       paid off Kereta Api Indonesia 2017 Bond I
        A Kereta Api Indonesia Tahun 2017                                               series A year 2017 of Rp1,000,000,000.
        sebesar Rp1.000.000.000.
        Pada tanggal 6 Desember 2019,                                                   As of December 6, 2019, the Company
        Perusahaan telah mendapatkan surat                                              obtained an effective statement from
        pernyataan efektif dari Otoritas Jasa                                           Financial    Services    Authority   (OJK)
        Keuangan (OJK) No: S-189/D.04/2019                                              No: S-189/D.04/2019 for General Public
        atas   Penawaran    umum     penerbitan                                         Offering on the issuance of bonds II Kereta
        Obligasi II Kereta Api Indonesia tahun                                          Api Indonesia year 2019 with a principal
        2019 dengan jumlah pokok sebesar                                                amount of Rp2,000,000,000 and were
        Rp2.000.000.000 dan telah dicatatkan                                            listed on the Indonesia Stock Exchange on
        pada Bursa Efek Indonesia pada tanggal                                          December 16, 2019.
        16 Desember 2019.
        Pada tanggal 29 Juli 2022, Perusahaan                                        As of Juli 29,2022, the Company obtained
        telah mendapatkan surat pernyataan                                           an effective statement from Financial
        efektif dari Otoritas Jasa Keuangan (OJK)                                    Services          Authority        (OJK)
        No. S-148/D.04/2022 atas Penawaran                                           No. S-148/D.04/2022 for Initial Public
        perdana penerbitan Obligasi Berkelanjutan                                    Offering on the issuance of Continuing
        I Kereta Api Indonesia Tahap 1 Tahun                                         Bonds I Kereta Api Indonesia Phase I Year
        2022 dengan jumlah pokok sebesar                                             2022 with a principal amount of
        Rp1.500.000.000 dan Sukuk Berkelanjutan                                      Rp1,500,000,000 and Continuing Sukuk I
        I Kereta Api Indonesia Tahap 1 Tahun                                         Kereta Api Indonesia Phase I Year 2022
        2022 dengan sisa imbalan Ijarah sebesar                                      with a remaining Ijarah benefit amount of
        Rp500.000.000 dan telah dicatatkan pada                                      Rp500,000,000 were listed on the
        Bursa Efek Indonesia pada tanggal                                            Indonesia      Stock     Exchange      on
        3 Agustus 2022.                                                              August 3, 2022.
        Pada tanggal 31 Desember 2023, jumlah                                        As of December 31, 2023, The amount of
        utang obligasi dan sukuk ijarah adalah                                       bonds payables and sukuk ijarah amounted
        sebesar Rp5.000.000.000 dengan rincian                                       to Rp5,000,000,000 with detail as follows:
        sebagai berikut:
         No./                   Obligasi/            Jumlah/             Bunga per          Tahun/       Tanggal             Tanggal
         No.                       Bonds            Amount                 Tahun/            Years      Penerbitan/           Jatuh
                                                                         Interest per                     Issued             Tempo/
                                                                           Annum                           Date              Due Date
          1     Obligasi I Kereta Api
                 Indonesia Tahun 2017/
                 Kereta Api Indonesia
                 Bond I Year 2017
                   Seri/ Serie B                    1.000.000.000           8,25%              7     13 November 2017/   1 November 2024/
                                                                                                     November 13, 2017   November 1, 2024
          2     Obligasi II Kereta Api
                 Indonesia Tahun 2019/
                 Kereta Api Indonesia
                 Bond II Year2019
                   Seri/ Serie A                     900.000.000            7,75%              5     6 Desember 2019/    16 Desember 2024/
                                                                                                     December 6, 2019    December 16, 2024
                   Seri/ Serie B                    1.100.000.000           8,20%              7     6 Desember 2019/    16 Desember 2026/
                                                                                                     December 6, 2019    December 16, 2026
          3     Obligasi Berkelanjutan I
                 Kereta Api Indonesia Tahun 2022/
                 Kereta Api Indonesia
                 Continuing Bond I Year 2022
                   Seri/ SerieA                      634.000.000            7,10%              5      5 Agustus 2022/     5 Agustus 2027/
                                                                                                       August 5, 2022     August 5, 2027
                   Seri/ SerieB                      866.000.000            8,00%              7      5 Agustus 2022/     5 Agustus 2029/
                                                                                                       August 5, 2022     August 5, 2029



                                                                    14
Page 679
PT KERETA API INDONESIA (PERSERO)                                                                        PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                              AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                   FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                               For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                               December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                    (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                                                               1. General (Continued)
         No./                         Sukuk/                                Jumlah/          Cicilan Imbalan         Tahun/               Tanggal                   Tanggal
         No.                          Sukuk                                 Amount               per Tahun/           Years             Penerbitan/                   Jatuh
                                                                                           Installment Benefit                             Issued                   Tempo/
                                                                                                 per Annum                                  Date                   Due Date
           1      Sukuk Ijarah Berkelanjutan I
                  Kereta Api Indonesia Tahun 2022/
                  Kereta Api Indonesia
                  Continuing Sukuk Ijarah I Year 2022
                    Seri/ Serie A                                           117.350.000                8.331.850          5            5 Agustus 2022/          5 Agustus 2027/
                                                                                                                                        August 5, 2022          August 5, 2027
                    Seri/ Serie B                                           382.650.000               30.612.000          7            5 Agustus 2022/          5 Agustus 2029/
                                                                                                                                        August 5, 2022          August 5, 2029


    f.   Entitas Anak                                                                                 f.     The Subsidiaries
         Perusahaan memiliki entitas anak pada                                                               The Company has subsidiaries as of
         31 Desember 2023 dan 2022 sebagai                                                                   December 31, 2023 and 2022 as follows:
         berikut:
                                                                                          Tahun                               Persentase Kepemilikan/    Jumlah Aset Sebelum Eliminasi/
                                                                                        Pendirian/                            Percentage of Ownership    Total Assets Before Elimination
                   Entitas Anak/       Domisili/           Kegiatan Pokok/            Establishment    Tahun Operasi/          2023            2022           2023             2022
         No.       Subsidiaries        Domicile             Main Activity                  Date       Year of Operation         (%)             (%)            Rp               Rp

          1    PT Reska Multi         Jakarta      Restoran Kereta Api/                   2003               2003              99,74           99,74        560.460.847       482.887.390
               Usaha (RMU)                          The Railways Restaurant

          2    PT Railink (Railink)   Jakarta      Transportasi Kereta Api                2005               2014              60,00           60,00        423.753.460       564.519.459
                                                     Bandara/ Airport Railways

          3    PT Kereta              Jakarta      Transportasi Kereta                    2008               2008              99,78           99,78      3.392.366.123    3.278.464.511
               Commuter                              Commuter/ Commuter
               Indonesia (KCI)                       Railways

          4    PT KA Logistik         Jakarta      Distribusi Logistik berbasis           2009               2009              99,30           99,30        865.859.021       847.167.021
               (KALOG)                               Kereta Api/ Railway-Based
                                                     Logistic Service

          5    PT KA Properti         Jakarta      Pengelolaan Aset Properti              2009               2009              99,63           99,63        825.751.525       905.134.224
               Manajemen (KAPM)                     Perkeretaapian/ Railway
                                                    Property Asset Management

          6    PT KA Pariwisata       Jakarta      Pariwisata Kereta Api/                 2009               2010              99,90           99,90        299.222.056       152.859.992
               (KAWIS)                              Railways Tourism



         PT Reska Multi Usaha (RMU)                                                                            PT Reska Multi Usaha (RMU)
         RMU didirikan berdasarkan Akta No. 18                                                                 RMU was established based on Notarial
         tanggal 2 Juli 2003 oleh Notaris Darwin                                                               Deed No. 18 dated on July 2, 2003 of
         Ginting, S.H., M.H., yang telah disahkan                                                              Notary Darwin Ginting, S.H., M.H., which
         oleh    Menteri   Kehakiman     Republik                                                              approved by the Minister of Law of the
         Indonesia    dalam    Surat    Keputusan                                                              Republic of Indonesia in his Decision
         No. C - 21011 HT 01.01. Tahun 2003                                                                    Letter No. C - 21011 HT 01.01 Tahun
         tanggal 4 September 2003.                                                                             2003 dated September 4, 2003.
         Anggaran Dasar RMU telah mengalami                                                                   RMU's Articles of association has been
         beberapa kali perubahan, terakhir dengan                                                             amended several times, most recently by
         akta Nomor 6 tanggal 21 September 2019                                                               Notarial Deed No. 6 dated September 21,
         oleh Notaris Silvia Anugrahwaty, S.H.,                                                               2019 of Notary Silvia Anugrahwaty, S.H.,
         M.Kn. mengenai Perubahan Modal Dasar.                                                                M.Kn. concerning the Changes in the
         Perubahan ini telah disahkan oleh Menteri                                                            Authorized Capital. The amendments were
         Hukum dan Hak Asasi Manusia dalam                                                                    approved by the Minister of Law and
         surat     keputusan        No.      AHU-                                                             Human Rights in his Decision Letter No.
         0079549.AH.01.02 tanggal 7 Oktober                                                                   AHU-0079549.AH.01.02 dated October 7,
         2019.                                                                                                2019.
         Modal     dasar      RMU          sebesar                                                            The authorized capital of RMU amounted
         Rp100.749.000 terbagi atas 100.749                                                                   to Rp100,749,000 composed of 100,749
         saham dengan bernilai nominal Rp1.000                                                                shares with par value of Rp1,000 per
         per saham. Jumlah modal ditempatkan                                                                  share. Total issued and fully paid capital
         dan disetor penuh sebanyak 100.749                                                                   amounted to Rp100,749,000 composed of
         saham atau sebesar Rp100.749.000                                                                     100,749 shares with share ownership as
         dengan komposisi sebagai berikut:                                                                    follows:

                                                                                          15
Page 680
PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                          1. General (Continued)

        • Perusahaan memiliki 99,74% atau                           •     The Company owns 99.74% or
          sebanyak 100.487 saham dengan nilai                             100,487   shares     amounting to
          sebesar Rp100.487.000.                                          Rp100,487,000.
        • Yayasan Pusaka memiliki 0,26% atau                        •     Yayasan Pusaka owns 0.26% or 262
          sebanyak 262 saham dengan nilai                                 shares amounting to Rp262,000.
          sebesar Rp262.000.
         PT Railink (Railink)                                           PT Railink (Railink)
         Railink didirikan berdasarkan Surat                            Railink was established based on Letter
         Persetujuan dari Menteri Negara BUMN                           of Approval from Minister of SOEs
         No.       S-108/MBU/2005         tanggal                       No. S-108/MBU/2005 dated March 8,
         8 Maret 2005 dan Akta Pendirian No. 34                         2005, and Notarial Deed No. 34 dated
         tanggal 28 September 2006, dari Notaris                        September 28, 2006 of Notary Ny. Silvia
         Ny. Silvia Abbas Sudrajat, S.H., Notaris                       Abbas Sudrajat, S.H., Notary in Banten,
         di Banten yang telah mendapatkan                               which has been approved by the Minister
         pengesahan dari Menteri Hukum dan                              of Law and Human Right of Republic of
         Hak Asasi Manusia Republik Indonesia                           Indonesia in his Decision Letter
         dengan          Surat        Keputusan                         No. W29-00480HT.01.01.TH.2006 dated
         No. W29-00480HT.01.01. TH.2006, pada                           December 7, 2006.
         tanggal 7 Desember 2006.
         Anggaran Dasar Railink telah mengalami                         Railink’s Article of Association has been
         beberapa kali perubahan, perubahan                             amended several times, most recently by
         terakhir adalah menurut Keputusan Para                         Agreement of Stockholders legalized by
         Pemegang Saham yang telah disahkan                             the Notarial Deed of Ariani Lakhsmijati
         dengan Akta Notaris Ariani Lakhsmijati                         Rachim, S.H., No. 05 dated January 27,
         Rachim,      S.H.,  No.     05     tanggal                     2023 concerning the Changes in the
         27 Januari 2023 mengenai Perubahan                             authorized and paid in capital. These
         Modal Dasar dan Modal Disetor kepada                           amendments have been approved by the
         Railink. Akta perubahan ini telah disetujui                    Minister of Law and Human Rights of the
         oleh Menteri Hukum dan Hak Asasi                               Republic of Indonesia in his Decision
         Manusia berdasarkan Surat Keputusan                            Letter No. Decision Letter of Amended’s
         Persetujuan Perubahan           Anggaran                       articles No. AHU-AH.01.03-0017880
         Dasar dengan Surat Keputusan No.                               dated January 31, 2023.
         AHU-AH.01.03-0017880               tanggal
         31 Januari 2023.
          Modal dasar Railink pada tanggal                              The authorized capital of Railink as of
          31        Desember     2023      sebesar                      December 31, 2023 amounted to
          Rp879.400.000, ditempatkan dan disetor                        Rp879,400,000, issued and fully paid
          penuh sebanyak 879.400 saham dengan                           capital amounted to Rp879,400,000
          nilai nominal sebesar Rp1.000 per                             composed of 879,400 shares with par
          saham atau sebesar Rp879.400.000                              value of Rp1,000 per share with share
          dengan komposisi sebagai berikut:                             ownership as follows:
          • Perusahaan memiliki 60,00% atau                     •        • The Company owns 60.00% or
              sebanyak 527.640 saham dengan                                 527,640 shares amounting to
              nilai sebesar Rp527.640.000.                                  Rp527,640,000.
          • PT Angkasa Pura II (Persero)                                 • PT Angkasa Pura II (Persero) owns
              memiliki 40,00% atau sebanyak                                 40.00%     or     351,760    shares
              351.760 saham dengan nilai sebesar                            amounting to Rp351,760,000.
              Rp351.760.000.
          Modal dasar Railink pada tanggal                              The authorized capital of Railink as of
          31     Desember      2022     sebesar                         December 31, 2022 amounted to
          Rp839.400.000, ditempatkan dan disetor                        Rp839,400,000, issued and fully paid
          penuh sebanyak 839.400 saham dengan                           capital amounted to Rp839,400,000

                                                       16
Page 681
PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                         1. General (Continued)
        nilai nominal sebesar Rp1.000 per saham                    composed of 839,400 shares with par
        atau sebesar Rp839.400.000 dengan                          value of Rp1,000 per share with share
        komposisi sebagai berikut:                                 ownership as follows:
         • Perusahaan memiliki 60,00% atau                         • The Company owns 60.00% or
              sebanyak 503.640 saham dengan                            503,640    shares   amounting   to
              nilai sebesar Rp503.640.000.                             Rp503,640,000.
         • PT Angkasa Pura II (Persero)                            • PT Angkasa Pura II (Persero) owns
              memiliki 40,00% atau sebanyak                            40.00% or 335,760 shares amounting
              335.760 saham dengan nilai sebesar                       to Rp335,760,000.
              Rp335.760.000.

        PT Kereta Commuter Indonesia (KCI)                        PT Kereta Commuter Indonesia (KCI)
        KCI didirikan berdasarkan Akta Notaris                    KCI was established based on Notarial
        Ilmiawan Dekrit S., S.H., pada tanggal                    Deed of Ilmiawan Dekrit S., S.H., No. 457
        15 September 2008 No.457 yang telah                       dated September 15, 2008 which is
        disahkan oleh Menteri Hukum dan Hak                       approved by the Minister of Law and
        Asasi Manusia Republik Indonesia dalam                    Human Right of Republic of Indonesia in
        Surat      Keputusan     No.      AHU-                    his   Decision    Letter     No.    AHU-
        74707.AH.01.01, tanggal 16 Oktober                        74707.AH.01.01, dated October 16, 2008.
        2008.

        Anggaran Dasar KCI telah mengalami                        KCI’s Article of Association has been
        beberapa perubahan, perubahan terakhir                    amended several time, most recently by
        berdasarkan Akta No. 1 tanggal 7 Januari                  Notarial Deeds No. 1 on January 7, 2019
        2019 dari Notaris Tri Mulyahati, S.H., yang               of Notary Mulyahati, S.H., which was
        telah disahkan oleh Kementerian Hukum                     approved by the Minister of Law and
        dan Hak Asasi Manusia Republik                            Human Rights of the Republic of
        Indonesia berdasarkan surat keputusan                     Indonesia in his Decision Letter No. AHU-
        No. AHU-0002753.AH.01.02 Tahun 2019                       0002753.AH.01.02 Tahun 2019 dated
        tanggal 18 Januari 2019.                                  January 18, 2019.

        Modal dasar KCI sebesar Rp542.000.000                     The authorized capital of KCI amounted to
        terbagi atas 542.000 saham dengan nilai                   Rp542,000,000 composed of 542,000
        nominal Rp1.000 per saham. Jumlah                         shares with par value of Rp1,000 per
        modal ditempatkan dan disetor penuh                       share. Total issued and fully paid capital
        sebanyak 230.500 saham atau sebesar                       amounted to Rp230,500,000 composed of
        Rp230.500.000       dengan     komposisi                  230,500 shares with share ownership as
        sebagai berikut:                                          follows:
         • Perusahaan memiliki 99,78% atau                        • The Company owns 99.78% or
             sebanyak 230.000 saham dengan                             230,000    shares     amounting    to
             nilai sebesar Rp230.000.000.                              Rp230,000,000.
         • Yayasan Pusaka memiliki 0,22% atau                     • Yayasan Pusaka owns 0.22% or 500
             sebanyak 500 saham dengan nilai                           shares amounting to Rp500,000.
             sebesar Rp500.000.

        Pada      tahun     2022,    KCI    telah                 In 2022, KCI has received approval for
        mendapat       persetujuan   penambahan                   additional operations on the Manggarai-
        pengoperasian pada lintas pelayanan                       Soekarno-Hatta Airport service line in
        Manggarai-Bandar Udara Soekarno-Hatta                     accordance with the Decree of the
        sesuai     dengan      Surat   Keputusan                  Ministry of Transportation through the
        Kementerian       Perhubungan     melalui                 Director General of Railways No.
        Direktur      Jenderal     Perkeretaapian                 KA.005/1/4/DJKA/2022, on July 29, 2022
        No. KA.005/1/4/DJKA/2022 pada tanggal                     (Note 34).
        29 Juli 2022 (Catatan 34).

                                                      17
Page 682
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                        1. General (Continued)

         PT KA Logistik (KALOG)                                    PT KA Logistik (KALOG)
         KALOG didirikan berdasarkan Surat                         KALOG was established based on the
         Persetujuan dari Menteri Negara BUMN                      Letter of Approval from the Minister of
         No. S-536/MBU/2009, tanggal 29 Juli                       SOEs No. S-536/MBU/2009, dated July
         2009 dan berdasarkan Akta Pendirian                       29, 2009 and based on the Deed of
         No. 10, tanggal 8 September 2009 yang                     Establishment No. 10, dated September
         dibuat di hadapan Ny. Fathiah Helmi,                      8, 2009 of Ny. Fathiah Helmi, S.H.,
         S.H., Notaris di Jakarta. Akta pendirian                  Notary in Jakarta. Deed of establishment
         perusahaan telah disahkan oleh Menteri                    was approved by the Minister of Law and
         Hukum dan Hak Asasi Manusia Republik                      Human Rights Republic of Indonesia in
         Indonesia dalam Surat Keputusan No.                       his    Decision    Letter.  No.     AHU-
         AHU-51175.AH.01.01, pada tanggal                          51175.AH.01.01, dated October 22,
         22 Oktober 2009.                                          2009.
         Anggaran       Dasar    KALOG      telah                  KALOG's Articles of Association have
         mengalami beberapa kali perubahan,                        been amended several times, most
         terakhir dengan Akta Notaris Yoshsi,                      recently by Notarial Deed of Yoshsi, S.H.,
         S.H., M.Kn No. III tanggal 27 November                    M.Kn No. III dated November 27, 2023
         2023 mengenai perubahan Pasal 3                           concerning amendments to Article 3 of
         Anggaran Dasar tentang maksud dan                         the Articles of Association regarding the
         tujuan    serta   kegiatan.  Perubahan                    aims and objectives as well as business.
         tersebut telah mendapat persetujuan dari                  This amendment has received approval
         Menteri Hukum dan Hak Asasi Manusia                       from the Minister of Law and Human
         Republik Indonesia dengan         Surat                   Rights of the Republic of Indonesia with a
         Keputusan tertanggal 30 November 2023                     Decree dated November 30, 2023
         nomor      AHU-0074532.AH.01.02.Tahun                     number AHU-0074532.AH.01.02. year
         2023.                                                     2023.
         Modal     dasar     KALOG       sebesar                   The authorized capital of KALOG
         Rp99.100.000 terbagi atas 99.100 saham                    amounted to Rp99,100,000 composed of
         dengan bernilai nominal Rp1.000 per                       99,100 shares with par value of Rp1,000
         saham. Jumlah modal ditempatkan dan                       per share. Total issued and fully paid
         disetor penuh sebanyak 75.275 saham                       capital    amounted       Rp75,275,000
         atau sebesar Rp75.275.000 dengan                          composed of 75,275 shares with share
         komposisi sebagai berikut:                                ownership as follows:
         • Perusahaan memiliki 99,30% atau                         • The Company owns 99.30% or
             sebanyak 74.750 saham dengan nilai                       74,750     shares    amounting     to
             sebesar Rp74.750.000.                                    Rp74,750,000.
         • Yayasan Pusaka memiliki 0,70% atau                      • Yayasan Pusaka owns 0.70% or 525
             sebanyak 525 saham dengan nilai                          shares amounting to Rp525,000.
             sebesar Rp525.000.
          PT KA Properti Manajemen (KAPM)                         PT KA Properti Manajemen (KAPM)
          KAPM didirikan berdasarkan Surat                        KAPM was established under the Letter of
          Persetujuan dari Menteri Negara BUMN                    Approval from the Minister of SOEs No.
          No. S- 535/MBU/2009, tanggal 29 Juli                    S-535/MBU/2009, dated July 29, 2009
          2009 dan berdasarkan Akta Pendirian                     and based on the Deed of Establishment
          No. 9, tanggal 8 September 2009 yang                    No. 9 dated September 8, 2009 of Ny.
          dibuat dihadapan Ny. Fathiah Helmi,                     Fathiah Helmi, S.H., Notary in Jakarta.
          S.H., Notaris di Jakarta. Akta Pendirian                Deed of Establishment has been
          tersebut telah mendapatkan pengesahan                   approved by the Ministy of Law and
          dari Menteri Hukum dan Hak Asasi                        Human Rights Republic of Indonesia in
          Manusia Republik Indonesia dengan                       Decision Letter No. AHU-5150.AH.01.01
          Surat      Keputusan       No.    AHU-                  on October 26, 2009.
          5150.AH.01.01 pada tanggal 26 Oktober
          2009.

                                                     18
Page 683
PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                          1. General (Continued)

          Anggaran Dasar KAPM telah beberapa                         KAPM's Articles of Association have
          kali mengalami perubahan, terakhir Akta                    been amended several times, most
          No. 21 tertanggal 11 November 2020                         recently by Deed No. 21 dated
          mengenai perubahan modal dasar yang                        November 11, 2020 concerning the
          dibuat oleh Notaris Dini Lastari Siburian,                 Changes in the authorized capital of
          S.H, M.Kn., di Jakarta telah dicatat                       Notary Dini Lastari Siburian, S.H, M.Kn.,
          dalam database Sistem Badan Hukum                          in Jakarta have been recorded in the
          Kementerian Hukum dan Hak Asasi                            Legal Entity Database System of the
          Manusia          sesuai          suratnya                  Minister of Justice and Human Rights
          No. AHU-0189728.AH.01.11 tanggal                           according     to      Decision     Letter
          12 November 2020.                                          No.     AHU-0189728.AH.01.11       dated
                                                                     November 12, 2020.
          Modal       dasar     KAPM      sebesar                    The authorized capital of KAPM
          Rp273.575.000 terbagi atas 273.575                         amounted to Rp273,575,000 composed
          saham dengan nilai nominal Rp1.000 per                     of 273,575 shares with par value of
          saham. Jumlah modal ditempatkan dan                        Rp1,000 per share. Total issued and fully
          disetor penuh sebanyak 273.575 saham                       paid capital amounted to Rp273,575,000
          atau sebesar Rp273.575.000 dengan                          composed of 273.575 shares with share
          komposisi sebagai berikut:                                 ownership as follows:
           • Perusahaan memiliki 99,63%, atau                         • The Company owns 99.63% or
               sebanyak 272.550 saham dengan                              272,550 shares amounting to
               nilai sebesar Rp272.550.000.                               Rp272,550,000.
           • Yayasan Pusaka memiliki 0,37%                            • Yayasan Pusaka owns 0.37% or
               atau sebanyak 1.025 saham                                  1,025    shares    amounting      to
               dengan nilai sebesar Rp1.025.000.                          Rp1,025,000.
          PT KA Pariwisata (KAWIS)                                   PT KA Pariwisata (KAWIS)
          KAWIS didirikan berdasarkan Surat                          KAWIS was established within Letters of
          Persetujuan dari Menteri Negara BUMN                       approval from the Minister of SOEs
          No. S- 537/MBU/2009 tanggal 29 Juli                        No. S-537/MBU/2009, dated July 29,
          2009 dan berdasarkan Akta Pendirian                        2009 and based on Notarial Deed No. 11
          No. 11, tanggal 8 September 2009,                          of Notary Ny. Fathiah Helmi, S.H., dated
          Notaris Ny. Fathiah Helmi, S.H., dan                       September 8, 2009 and approved by the
          disahkan oleh Menteri Hukum dan Hak                        Minister of Law and Human Rights of the
          Asasi Manusia Republik Indonesia                           Republic of Indonesia in his Decision
          dalam          surat        Keputusan                      Letter No. AHU-04724.AH.01.01, dated
          No.    AHU-04724.AH.01.01,     tanggal                     on January 28, 2010.
          28 Januari 2010.
          Anggaran Dasar Perusahaan telah                            The Articles of Association have been
          mengalami perubahan berdasarkan Akta                       amended by Deed of Statement of
          Pernyataan      Keputusan     Pemegang                     Shareholders Resolution of PT Kereta
          Saham PT Kereta Api Pariwisata No. 5,                      Api Pariwisata No. 5, dated December
          tanggal 14 Desember 2017 mengenai                          14, 2017 concerning the Changes in the
          perubahan modal dasar yang dibuat                          authorized capital of Notary Agung Sri
          dihadapan Notaris Agung Sri Wijayanti                      Wijayanti S.H, M.Kn., have been
          S.H, M.Kn., telah dicatat dalam database                   recorded in the Legal Entity Database
          Sistem Badan Hukum Kementerian                             System of the Minister of Justice and
          Hukum dan Hak Asasi Manusia sesuai                         Human Rights according to Decision
          suratnya AHU-0027019.AH.01.02 Tahun                        Letter No. AHU-0027019.AH.01.02 year
          2017 tanggal 20 Desember 2017.                             2017 dated December 20, 2017.
          Modal    dasar      KAWIS     sebesar                      The authorized capital of KAWIS
          Rp99.100.000 terbagi atas 24.775                           amounted to Rp99,100,000 composed of
          saham dengan nilai nominal Rp1.000 per                     24,775 shares with par value of Rp1,000


                                                       19
Page 684
PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

1. Umum (Lanjutan)                                        1. General (Continued)

           saham. Jumlah modal ditempatkan dan                      per share. Total issued and fully paid
           disetor penuh sebanyak 24.775 saham                      capital amounted to Rp24,775,000
           atau sebesar Rp24.775.000 dengan                         composed of 24,775 shares with share
           komposisi sebagai berikut:                               ownership as follows:
            • Perusahaan memiliki 99,90%, atau                     • • The Company owns 99.90% or
                sebanyak 24.750 saham dengan                             24,750 shares amounting to
                nilai sebesar Rp24.750.000.                              Rp24,750,000.
            • Yayasan Pusaka memiliki 0,10%                        • • Yayasan Pusaka owns 0.10% or
                atau sebanyak 25 saham dengan                            25 shares amounting to Rp25,000.
                nilai sebesar Rp25.000.


2. Informasi Kebijakan Akuntansi Material                 2. Material Accounting Policies Information

    a. Pernyataan Kepatuhan                                   a. Statement of Compliance
       Laporan keuangan konsolidasian telah                      The consolidated financial statements
       disusun dan disajikan sesuai dengan                       have been prepared and presented in
       Standar Akuntansi Keuangan (SAK) di                       accordance with Indonesian Financial
       Indonesia yang meliputi Pernyataan                        Accounting Standards (SAK) which include
       Standar Akuntansi Keuangan (PSAK) dan                     the Statement of Financial Accounting
       Interpretasi Standar Akuntansi Keuangan                   Standards (PSAK) and Interpretation of
       (ISAK) yang diterbitkan oleh Dewan                        Financial Accounting Standards (ISAK)
       Standar Akuntansi Keuangan – Ikatan                       issued by the Financial Accounting
       Akuntan Indonesia (DSAK – IAI) serta                      Standard Board – Indonesian Institute of
       peraturan Pasar Modal yang berlaku                        Accountant (DSAK – IAI) and regulations
       antara lain Peraturan Otoritas Jasa                       in the Capital Market including Regulations
       Keuangan/Badan Pengawas Pasar Modal                       of Financial Services Authority/Capital
       dan Lembaga Keuangan (OJK/Bapepam-                        Market and Supervisory Board and
       LK)     No.    VIII.G.7  penyajian   dan                  Financial Institution (OJK/ Bapepam-LK)
       pengungkapan laporan keuangan emiten                      No. VIII.G.7 regarding presentation and
       atau           perusahaan          publik.                disclosure of financial statements of the
                                                                 issuer or public company.
    b. Dasar Pengukuran dan Penyajian                         b. Basis of Measurement and Preparation
       Laporan Keuangan Konsolidasian                            of     the     Consolidated      Financial
                                                                 Statements
        Laporan keuangan konsolidasian disusun                   The consolidated financial statements
        dan     disajikan   berdasarkan    asumsi                have been prepared and presented based
        kelangsungan usaha serta atas dasar                      on going concern assumption and accrual
        akrual,    kecuali   laporan  arus    kas                basis of accounting, except for the
        konsolidasian. Dasar pengukuran dalam                    consolidated statements of cash flows.
        penyusunan         laporan      keuangan                 Basis of measurement in preparation of
        konsolidasian ini adalah konsep biaya                    these consolidated financial statements is
        perolehan, kecuali beberapa akun tertentu                the historical costs concept, except for
        yang     didasarkan     pengukuran    lain               certain accounts which have been
        sebagaimana dijelaskan dalam kebijakan                   prepared on the basis of other
        akuntansi masing-masing akun tersebut.                   measurements as described in their
        Biaya perolehan umumnya didasarkan                       respective policies. Historical cost is
        pada nilai wajar imbalan yang diserahkan                 generally based on the fair value of the
        dalam pemerolehan aset.                                  consideration given in exchange for
                                                                 assets.




                                                     20
Page 685
PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi     Material         2. Material Accounting Policies Information
    (Lanjutan)                                                 (Continued)

        Laporan arus kas konsolidasian disusun                     The consolidated statements of cash flows
        dengan menggunakan metode langsung                         are prepared using the direct method by
        dengan mengelompokkan arus kas dalam                       classifying cash flows into operating,
        aktivitas  operasi,  investasi,    dan                     investing and financing activities.
        pendanaan.
        Mata uang penyajian yang digunakan                         The presentation currency used in
        dalam penyusunan laporan keuangan                          the preparation of the consolidated financial
        konsolidasian ini adalah Rupiah, yang                      statements is Rupiah which is the
        merupakan mata uang fungsional Grup.                       functional currency of the Group.
    c. Prinsip-prinsip Konsolidasian                            c. Principles of Consolidation
       Laporan       keuangan       konsolidasian                  The consolidated financial statements
       mencakup laporan keuangan perusahaan                        incorporate the financial statements of the
       dan entitas-entitas anak seperti disebutkan                 company and subsidiaries as described in
       pada Catatan 1.                                             Note 1.
        Keberadaan dan dampak dari hak suara                       The existence and effect of substantive
        potensial     dimana   Grup    memiliki                    potential voting rights that the Group has
        kemampuan praktis untuk melaksanakan                       the practical ability to exercise (ie
        (yakni hak substantif) dipertimbangkan                     substantive rights) are considered when
        saat menilai apakah Grup mengendalikan                     assessing whether the Group controls
        entitas lain.                                              another entity.
        Laporan keuangan Grup mencakup hasil                       The      Group’s      financial  statements
        usaha, arus kas, aset dan liabilitas dari                  incorporate the results, cash flows, assets
        perusahaan dan seluruh entitas anak yang                   and liabilities of the Company and all
        secara langsung dan tidak langsung,                        of its directly and indirectly controlled
        dikendalikan oleh Perusahaan. Entitas                      subsidiaries. Subsidiaries are consolidated
        anak dikonsolidasikan sejak tanggal efektif                from the effective date of acquisition, which
        akuisisi, yaitu tanggal dimana Grup secara                 is the date on which the Group effectively
        efektif memperoleh pengendalian atas                       obtains control of the acquired business,
        bisnis yang diakuisisi, sampai tanggal                     until that control ceases.
        pengendalian berakhir.
        Entitas induk menyusun laporan keuangan                    A parent prepares consolidated financial
        konsolidasian    dengan       menggunakan                  statements using uniform accounting
        kebijakan akuntansi yang sama untuk                        policies for like transactions and other
        transaksi dan peristiwa lain dalam keadaan                 events in similar circumstances. All
        yang serupa. Seluruh transaksi, saldo,                     intragroup transactions, balances, income,
        penghasilan, beban, dan arus kas dalam                     expenses and cash flows relating to
        intra kelompok usaha terkait dengan                        transactions between entities of the group
        transaksi antar entitas dalam kelompok                     are eliminated in full.
        usaha dieliminasi secara penuh.
        Grup mengatribusikan laba rugi dan setiap                  The Group attributed the profit and loss
        komponen dari penghasilan komprehensif                     and      each    component       of     other
        lain kepada pemilik entitas induk dan                      comprehensive income to the owners of
        kepentingan non-pengendali meskipun hal                    the parent and non-controlling interest
        tersebut mengakibatkan kepentingan non-                    even though this results in the non-
        pengendali memiliki saldo defisit. Grup                    controlling interests having a deficit
        menyajikan kepentingan non-pengendali di                   balance. The Group presents non-
        ekuitas dalam laporan posisi keuangan                      controlling interest in equity in the
        konsolidasian, terpisah dari ekuitas pemilik               consolidated    statement     of    financial
        entitas induk.                                             position, separately from the equity owners
                                                                   of the parent.

                                                       21
Page 686
PT KERETA API INDONESIA (PERSERO)                                      PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                            AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                 FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                             For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                             December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                  (In Thousand of Rupiah, Unless Otherwise Stated)

2.   Informasi Kebijakan       Akuntansi     Material          2. Material Accounting Policies Information
      (Lanjutan)                                                  (Continued)
         Perubahan dalam bagian kepemilikan                           Changes in the parent’s ownership interest
         entitas induk pada entitas anak yang tidak                   in a subsidiary that do not result in loss of
         mengakibatkan hilangnya pengendalian                         control are equity transactions (i.e.
         adalah transaksi ekuitas (yaitu transaksi                    transactions with owners in their capacity
         pemilik dalam kapasitasnya sebagai                           as owners). When the proportion of equity
         pemilik). Ketika proporsi ekuitas yang                       held by non-controlling interest change, the
         dimiliki oleh kepentingan non-pengendali                     Group adjusted the carrying amounts of the
         berubah, Grup menyesuaikan jumlah                            controlling interest and non-controlling
         tercatat kepentingan non-pengendali untuk                    interest to reflect the changes in their
         mencerminkan perubahan kepemilikan                           relative interest in the subsidiaries. Any
         relatifnya dalam entitas anak. Selisih                       difference between the amount by which
         antara jumlah tercatat kepentingan non-                      the non-controlling interests are adjusted
         pengendali yang disesuaikan dan nilai                        and the fair value of the consideration paid
         wajar dari jumlah yang diterima atau                         or received is recognised directly in equity
         dibayarkan diakui langsung dalam ekuitas                     and attributed to the owners of the parent.
         dan diatribusikan pada pemilik dari entitas
         induk.
        Jika Grup kehilangan pengendalian, maka                       If the Group loses control, the Group:
        Grup:
        a. Menghentikan        pengakuan          aset                a. Derecognizes the assets (including
            (termasuk goodwill) dan liabilitas                           goodwill) and liabilities of the subsidiary
            entitas anak pada jumlah tercatatnya                         at their carrying amounts at the date
            ketika pengendalian hilang;                                  when control is lost;
        b. Menghentikan       pengakuan         jumlah                b. Derecognizes the carrying amount of
            tercatat setiap kepentingan non-                             any non-controlling interests in the
            pengendali      pada      entitas     anak                   former subsidiary at the date when
            terdahulu ketika pengendalian hilang                         control    is    lost     (including   any
            (termasuk        setiap        komponen                      components of other comprehensive
            penghasilan komprehensif lain yang                           income attributable to them);
            diatribusikan pada kepentingan non-
            pengendali);
        c. Mengakui nilai wajar pembayaran                            c. Recognizes the fair value of the
            yang     diterima    (jika    ada)     dari                  consideration received (if any), from the
            transaksi, peristiwa, atau keadaan                           transaction, event or circumstances that
            yang      mengakibatkan         hilangnya                    resulted the loss of control;
            pengendalian;
        d. Mengakui sisa investasi pada entitas                       d. Recognizes any investment retained in
            anak terdahulu pada nilai wajarnya                           the former subsidiary at fair value at the
            pada tanggal hilangnya pengendalian;                         date when control is lost;
        e. Mereklasifikasi ke laba rugi, atau                         e. Reclassifies to profit or loss, or transfer
            mengalihkan secara langsung ke saldo                         directly to retained earnings if required
            laba jika disyaratkan oleh SAK lain,                         by other SAK’s, the amount recognized
            jumlah yang diakui dalam penghasilan                         in other comprehensive income in
            komprehensif lain dalam kaitan                               relation to the subsidiary; and
            dengan entitas anak; dan
        f. Mengakui perbedaan apapun yang                             f. Recognizes any resulting difference as
            dihasilkan sebagai keuntungan atau                           a gain or loss attributable to the parent.
            kerugian dalam laba rugi yang
            diatribusikan kepada entitas induk.
     d. Investasi pada Entitas Asosiasi                            d. Investments in Associates
         Entitas asosiasi adalah entitas dimana                       Associates are entities which the Group
         Grup      memiliki   kekuasaan     untuk                     has the power to participate in the financial
         berpartisipasi dalam keputusan kebijakan                     and operating policy decisions of the

                                                          22
Page 687
PT KERETA API INDONESIA (PERSERO)                                     PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                           AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                            December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan        Akuntansi     Material          2. Material Accounting Policies Information
    (Lanjutan)                                                   (Continued)

        keuangan dan operasional investee, tetapi                    investee but is not control or joint control
        tidak mengendalikan atau mengendalikan                       over those policies (significant influence).
        bersama     atas      kebijakan tersebut
        (pengaruh signifikan).

        Investasi     pada      entitas      asosiasi                Investment in associates accounted using
        dicatat dengan menggunakan metode                            the equity method. Under the equity
        ekuitas.    Dalam      metode         ekuitas,               method, the investment in an associate is
        pengakuan awal investasi diakui sebesar                      initially recognised at cost and the carrying
        biaya perolehan, dan jumlah tercatat                         amount is increased or decreased to
        ditambah atau dikurang untuk mengakui                        recognise the investor’s share of the profit
        bagian atas laba rugi dan penghasilan atau                   or loss and other comprehensive income
        kerugian komprehensif lain investee                          or loss of the investee after the date of
        setelah tanggal perolehan. Bagian atas                       acquisition. The investor’s share of the
        laba rugi investee diakui dalam laba rugi.                   profit or loss of the investee is recognised
        Penerimaan distribusi dari           investee                in profit or loss. Distributions received from
        mengurangi nilai tercatat investasi.                         an investee reduce the carrying amount of
                                                                     the investment.

        Penyesuaian terhadap jumlah tercatat                         Adjustments to the carrying amount may
        tersebut juga mungkin dibutuhkan untuk                       also be necessary for changes in the
        perubahan dalam proporsi bagian investor                     investor’s proportionate in the investee
        atas investee yang timbul dari penghasilan                   arising from changes in the investee’s
        komprehensif lain, termasuk perubahan                        other comprehensive income, including
        yang timbul dari revaluasi aset tetap dan                    those arising from the revaluation of fixed
        selisih penjabaran valuta asing. Bagian                      assets and from foreign exchange
        investor atas perubahan tersebut diakui                      translation differences. The investor’s
        dalam penghasilan komprehensif lain.                         share of those changes is recognized in
                                                                     other comprehensive income.

        Grup menghentikan penggunaan metode                          The Group discontinue the use of the
        ekuitas sejak tanggal ketika investasinya                    equity method from the date when its
        berhenti menjadi investasi pada entitas                      investment ceases to be an associate as
        asosiasi sebagai berikut:                                    follows:
        (a) jika investasi menjadi entitas anak.                     (a) if the investment becomes a subsidiary.
        (b) jika sisa kepentingan dalam entitas                      (b) If the retained interest in the former
            asosiasi merupakan aset keuangan,                             associate is a financial asset, the
            maka       Grup      mengukur         sisa                    Group measure the retained interest at
            kepentingan tersebut pada nilai wajar.                        fair value.
        (c) ketika        Grup        menghentikan                   (c) when the Group discontinue the use of
            penggunaan metode ekuitas, Grup                               the equity method, the Group accounts
            mencatat      seluruh    jumlah      yang                     for all amounts previously recognized
            sebelumnya      telah diakui dalam                            in other comprehensive income in
            penghasilan komprehensif lain yang                            relation to that investment on the same
            terkait dengan investasi tersebut                             basis as would have been required if
            menggunakan dasar perlakuan yang                              the investee had directly disposed of
            sama dengan yang disyaratkan jika                             the related assets or liabilities.
            investee telah melepaskan secara
            langsung aset dan liabilitas terkait.




                                                         23
Page 688
PT KERETA API INDONESIA (PERSERO)                                     PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                           AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                            December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan        Akuntansi     Material          2. Material Accounting Policies Information
    (Lanjutan)                                                   (Continued)
    e. Pengaturan Bersama                                         e. Join Arrangement
       Pengaturan bersama adalah pengaturan                          Joint arrangement is an arrangement of
       yang dua atau lebih pihak memiliki                            which two or more parties have joint
       pengendalian bersama, yaitu persetujuan                       control, i.e. the contractually agreed
       kontraktual untuk berbagi pengendalian                        sharing of control of Joint Arrangement,
       atas suatu Pengaturan Bersama yang ada                        which exist only when decisions about the
       hanya ketika keputusan mengenai aktivitas                     relevant actvities require the unanimous
       relevan mensyaratkan persetujuan dengan                       consent of the parties sharing control.
       suara bulat dari seluruh pihak yang
       berbagi pengendalian.
        Grup     mengklasifikasikan      pengaturan                   The Group classified joint arrangement as:
        bersama sebagai:
        1) Operasi Bersama                                            1) Joint Operation
             Merupakan pengaturan bersama                                Represents joint arrangement whereby
             yang mengatur bahwa para pihak                              the parties that have joint control of the
             yang memiliki pengendalian bersama                          arrangement have rights to the assets,
             atas pengaturan memiliki hak atas                           and obligations for the liabilities,
             aset      dan     kewajiban   terhadap                      relating to the arrangement. Those
             liabilitas, terkait dengan pengaturan                       parties are called joint operator.
             tersebut. Para pihak tersebut disebut
             operator bersama.
             Operator bersama mengakui hal                               A joint operator recognize in relation to
             berikut           terkait        dengan                     its interest in a joint operation:
             kepentingannya          dalam    operasi
             bersama:
             (a) Aset, mencakup bagiannya atas                           (a) Assets, including its share of any
                 setiap aset yang dimiliki bersama;                          assets held jointly;
             (b) Liabilitas, mencakup bagiannya                          (b) Liabilities, including its share of any
                 atas     liabilitas    yang   terjadi                       liabilities incurred jointly;
                 bersama;
             (c) Pendapatan          dari   penjualan                    (c) Revenue from the sale of its share
                 bagiannya atas output yang                                  of the output arising from the joint
                 dihasilkan dari operasi bersama;                            operation;
             (d) Bagiannya atas pendapatan dari                          (d) Share of the revenue from the sale
                 penjualan output oleh operasi                               of the output by the joint operation;
                 bersama; dan                                                and
             (e) Beban, mencakup bagiannya                               (e) Expenses, including its share of
                 atas setiap beban yang terjadi                              any expenses incurred jointly.
                 secara bersama-sama.
        2)   Ventura Bersama                                       3) 2) Joint Venture
             Merupakan pengaturan bersama                                Represents        joint arrangement
             yang mengatur bahwa para pihak                              whereby the parties that have joint
             yang memiliki pengendalian bersama                          control upon the agreement, have
             atas pengaturan memiliki hak atas                           rights to the net assets of the
             aset neto pengaturan tersebut. Para                         arrangement. Those parties are
             pihak tersebut disebut sebagai                              called joint venturers.
             venturer bersama.
             Venturer    bersama       mengakui                            Joint venturers recognize its interest
             kepentingannya    dalam     ventura                           in a joint venture as an investment
             bersama sebagai investasi dan                                 and accounts for that investment
             mencatat investasi tersebut dengan                            using the equity method.
             menggunakan metode ekuitas.

                                                         24
Page 689
PT KERETA API INDONESIA (PERSERO)                                       PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                             AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                  FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                              December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                   (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan           Akuntansi   Material         2.    Material Accounting Policies Information
   (Lanjutan)                                                       (Continued)

    f.   Transaksi dan Saldo dalam Mata Uang                       f.   Foreign Currency Transaction and
         Asing                                                          Balances
         Dalam menyiapkan laporan keuangan,                             In preparing the financial statements, each
         setiap entitas di dalam Grup mencatat                          of the entities within the Group record by
         dengan menggunakan mata uang dari                              using the currency of the primary economic
         lingkungan ekonomi utama di mana entitas                       environment in which the entity operates
         beroperasi (“mata uang fungsional”). Mata                      (“the functional currency”). The functional
         uang fungsional Perusahaan dan seluruh                         currency of the Company and all
         entitas anak adalah Rupiah.                                    subsidiaries is Indonesian Rupiah.
         Transaksi-transaksi selama tahun berjalan                      Transactions during the year in foreign
         dalam mata uang asing dicatat dalam                            currencies are recorded in Rupiah by
         Rupiah dengan kurs spot antara Rupiah                          applying to the foreign currency amount
         dan valuta asing pada tanggal transaksi.                       the spot exchange rate between Rupiah
         Pada akhir periode pelaporan, pos                              and the foreign currency at the date of
         moneter dalam        mata   uang asing                         transactions. At the end of reporting
         dijabarkan ke dalam Rupiah menggunakan                         period, foreign currency monetary items
         kurs tengah Bank Indonesia pada tanggal                        are translated to Rupiah using the closing
         31 Desember 2023 dan 2022 sebagai                              rate of Bank of Indonesia at December 31,
         berikut:                                                       2023 and 2022 as follows:
         Mata Uang Asing                                                                               Foreign Currency
          (Nilai Penuh)                          2023                   2022                             (Full Amount)
         Dolar Amerika Serikat                          15.416                    15.731              United States Dollar
         Euro                                           17.140                    16.713                             Euro
         Yen Jepang                                        110                       118                   Japanese Yen

         Selisih kurs yang timbul dari penyelesaian                     Exchange differences arising on the
         pos moneter dan dari penjabaran pos                            settlement of monetary items or on
         moneter dalam mata uang asing diakui                           translating monetary items in foreign
         dalam laba rugi.                                               currencies are recognized in profit or loss.
    g. Transaksi Pihak-pihak Berelasi                              g. Transactions with Related Parties
       Pihak berelasi adalah orang atau entitas                       A related party is a person or an entity that
       yang terkait dengan entitas pelapor:                           is related to the reporting entity:
       a) Orang atau anggota keluarga dekatnya                          a) A person or a close member of that
           mempunyai relasi dengan entitas                                  person’s family is related to a reporting
           pelapor jika orang tersebut:                                     entity if that person:
           i. memiliki       pengendalian    atau                          i. has control or joint control of the
                pengendalian bersama atas entitas                               reporting entity;
                pelapor;
           ii. memiliki pengaruh signifikan atas                            ii.  has significant influence over the
                entitas pelapor; atau                                            reporting entity; or
           iii. merupakan personil manajemen                                iii. is a member of the key
                kunci entitas pelapor atau entitas                               management personnel of the
                induk dari entitas pelapor.                                      reporting entity or of a parent of
                                                                                 the reporting entity.
         b) Suatu entitas berelasi dengan entitas                        b) An entity is related to the reporting
            pelapor jika memenuhi salah satu hal                             entity if any of the following conditions
            berikut:                                                         applies:
            i. Entitas dan entitas pelapor adalah                           i. The entity and the reporting entity
                anggota dari kelompok usaha yang                                 are members of the same group
                sama (artinya entitas induk, entitas                             (which means that each parent,
                anak, dan sesama entitas anak                                    subsidiary, and subsidiary is
                saling berelasi dengan entitas                                   related to the others);
                lainnya);

                                                         25
Page 690
PT KERETA API INDONESIA (PERSERO)                                       PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                             AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                  FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                              December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                   (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan         Akuntansi      Material          2.   Material Accounting Policies Information
   (Lanjutan)                                                        (Continued)

            ii.   Satu     entitas    adalah     entitas                   ii.   One entity is an associate or joint
                  asosiasi atau ventura bersama dari                             venture of the other entity (or an
                  entitas lain (atau entitas asosiasi                            associate or joint venture of a
                  atau ventura bersama yang                                      member of a group of which the
                  merupakan         anggota       suatu                          other entity is a member);
                  kelompok usaha, dimana entitas
                  lain tersebut adalah anggotanya);
            iii. Kedua entitas tersebut adalah                             iii. Both entities are joint ventures of
                  ventura bersama dari pihak ketiga                             the same third party;
                  yang sama;
            iv. Satu entitas adalah ventura                                iv. One entity is a joint venture of a
                  bersama dari entitas ketiga dan                              third entity and the other entity is
                  entitas yang lain adalah entitas                             an associate of the third entity;
                  asosiasi dari entitas ketiga;
            v. Entitas tersebut adalah suatu                               v.    The entity is a post-employment
                  program imbalan pascakerja untuk                               benefit plan for the benefit of
                  imbalan kerja dari salah satu                                  employees of either the reporting
                  entitas pelapor atau entitas yang                              entity, or an entity related to the
                  terkait dengan entitas pelapor. Jika                           reporting entity. If the reporting
                  entitas pelapor adalah entitas yang                            entity itself is the programme
                  menyelenggarakan             program                           organizer,       the     sponsoring
                  tersebut, maka entitas sponsor                                 employers are also related to the
                  juga berelasi dengan entitas                                   reporting entity;
                  pelapor;
            vi. Entitas yang dikendalikan atau                             vi. The entity is controlled or jointly
                  dikendalikan bersama oleh orang                               controlled by a person identified in
                  yang diidentifikasi dalam huruf (a);                          (a);
            vii. Orang yang diidentifikasi dalam                           vii. A person identified in (a) (i) has
                  huruf (a) (i) memiliki pengaruh                               significant influence over the entity
                  signifikan     atas   entitas    atau                         or is a member of the key
                  merupakan personil manajemen                                  management personnel of the
                  kunci entitas (atau entitas induk                             entity (or a parent of the entity); or
                  dari entitas); atau
            viii. Entitas,    atau     anggota      dari                   viii. The entity, or any member of a
                  kelompok         dimana        entitas                         group which it is a part, provides
                  merupakan bagian dari kelompok                                 key     management         personnel
                  tersebut,      menyediakan       jasa                          services to the reporting entity or
                  personil manajemen kunci kepada                                to the parent of the reporting entity.
                  entitas pelapor atau kepada entitas
                  induk dari entitas pelapor.

        Entitas yang berelasi dengan pemerintah                        A government-related entity is an entity that
        adalah     entitas  yang    dikendalikan,                      is controlled, jointly controlled or significant
        dikendalikan bersama, atau dipengaruhi                         influence by a government. Government
        oleh pemerintah. Pemerintah mengacu                            refers to government agencies and similar
        kepada instansi pemerintah dan badan                           bodies     whether      local,   national     or
        yang serupa baik lokal, nasional maupun                        international.
        internasional.




                                                           26
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi    Material         2.    Material Accounting Policies Information
   (Lanjutan)                                                    (Continued)

         Entitas yang berelasi dengan Pemerintah                      Entity related to the Government can be an
         dapat berupa entitas yang dikendalikan                       entity which controlled or significantly
         atau dipengaruhi secara signifikan oleh                      influenced by the Ministry of Finance that
         Kementerian Keuangan yang merupakan                          representing as the shareholders of the
         Pemegang Saham entitas, atau entitas                         entity or an entity controlled by the
         yang dikendalikan oleh Pemerintah                            Government of Republic of Indonesia,
         Republik Indonesia melalui Kementerian                       represented by the Ministry of SOEs as a
         Negara BUMN sebagai kuasa pemegang                           shareholder’s representative.
         saham.

         Seluruh transaksi dan saldo yang                             All significant transactions and balances
         signifikan  dengan     pihak  berelasi                       with related parties are disclosed in Note
         diungkapkan dalam Catatan 41.                                41.

    h. Kas dan Setara Kas                                        h. Cash and Cash Equivalents
       Kas dan setara kas termasuk kas, kas di                      Cash and cash equivalents are cash on
       bank (rekening giro), dan deposito                           hand, cash in banks (current account) and
       berjangka yang jatuh tempo dalam jangka                      time deposits with maturity periods of three
       waktu tiga bulan atau kurang pada saat                       months or less at the time of investment
       penempatan yang tidak digunakan sebagai                      that are not used as collateral or are not
       jaminan      atau      tidak    dibatasi                     restricted.
       penggunaannya.

         Dalam komponen setara kas tidak                              The components of cash equivalents does
         termasuk     deposito    berjangka yang                      not include time deposit which was
         dijadikan jaminan pada bank walaupun                         pledged as collateral for a bank, although
         jatuh temponya tidak lebih dari 3 (tiga)                     the maturities are shorter than 3 (three)
         bulan. Deposito yang bersangkutan                            months. The mentioned deposit is
         disajikan dalam kelompok aset lancar                         presented in the current assets of the
         sepanjang penjaminan tersebut meliputi                       guarantee covers a period not exceeding
         periode tidak lebih dari satu tahun dari                     one year from the balance sheet date.
         tanggal laporan posisi keuangan.

    i.   Dana Dibatasi Penggunaannya                             i.   Restricted Fund
         Rekening yang dibatasi penggunaannya                         Current accounts which are restricted and
         dan atau digunakan sebagai jaminan                           or used as security are classified based on
         diklasifikasi berdasarkan jatuh temponya.                    the maturity.

    j.   Piutang Usaha                                           j.   Trade Receivables
         Piutang usaha merupakan jumlah yang                          Trade receivables are amounts due to
         akan diterima dari pelanggan atas layanan                    customers for services rendered in the
         yang diberikan dari kegiatan usaha.                          ordinary course of business.

         Piutang usaha pada awalnya diakui                  3.        Account and other receivables are
         sebesar nilai wajar dan selanjutnya diukur                   recognized initially at fair value and
         pada biaya perolehan diamortisasi dengan                     subsequently measured at amortised cost
         menggunakan metode bunga efektif,                            using the effective interest method, if the
         apabila dampak pendiskontoan signifikan,                     impact of discounting is significant, less
         dikurangi provisi atas penurunan nilai.                      any provision for impairment.
                                                            4.
    k. Persediaan                                                k. Inventories
       Persediaan       dinyatakan    berdasarkan                   Inventories are carried at the lower of cost
       jumlah terendah antara biaya perolehan                       and net realizable value. The cost of
       dan nilai realisasi neto. Biaya persediaan                   inventories comprise all costs of purchase,
       terdiri dari seluruh biaya pembelian, biaya                  costs of conversion and other costs

                                                      27
Page 692
PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan        Akuntansi    Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                    (Continued)
         konversi, dan biaya lain yang timbul                         incurred in bringing the inventories to their
         sampai persediaan berada dalam kondisi                       present location and condition. Cost is
         dan lokasi saat ini. Biaya perolehan                         determined using the weighted average
         ditentukan dengan metode rata-rata                           method. Net realizable value is the
         tertimbang. Nilai realisasi neto merupakan                   estimated selling price in the ordinary
         taksiran harga jual dalam kegiatan usaha                     course of business less the estimated costs
         biasa     dikurangi      estimasi     biaya                  of completion and the estimated costs
         penyelesaian dan estimasi biaya yang                         necessary to make sales.
         diperlukan untuk membuat penjualan.
         Setiap penurunan nilai persediaan di                         The amount of any write-down of
         bawah biaya perolehan menjadi nilai                          inventories to net realizable value and all
         realisasi neto dan seluruh kerugian                          losses of inventories shall be recognised
         persediaan diakui sebagai beban pada                         as an expense in the period the write-down
         periode     terjadinya  penurunan    atau                    or loss occurs. The amount of any reversal
         kerugian tersebut. Setiap pemulihan                          of any write-down of inventories, arising
         kembali penurunan nilai persediaan karena                    from an increase in net realizable value, is
         peningkatan kembali nilai realisasi neto,                    recognised as a reduction in the amount of
         diakui sebagai pengurangan terhadap                          inventories recognised as an expense in
         jumlah beban persediaan pada periode                         the period in which the reversal occurs.
         terjadinya pemulihan tersebut.
    l.   Biaya Dibayar di Muka                                   l.   Prepaid Expenses
         Biaya dibayar di muka diamortisasi selama                    Prepaid expenses are amortized to
         masa manfaat masing-masing biaya                             operations using straight-line method over
         dengan menggunakan metode garis lurus.                       their beneficial periods.
    m. Properti Investasi                                        m. Investment Properties
       Properti investasi adalah properti (tanah                    Investment properties are properties (land
       atau bangunan atau bagian dari suatu                         or a building or part of a building or both)
       bangunan atau kedua-duanya) yang                             held by the owner or the lessee under a
       dikuasai oleh pemilik atau penyewa                           finance lease to earn rentals or for capital
       melalui     sewa    pembiayaan      untuk                    appreciation or both, rather than for use in
       menghasilkan sewa atau untuk kenaikan                        the production or supply of goods or
       nilai atau kedua-duanya, dan tidak untuk                     services or for administrative purposes or
       digunakan      dalam     produksi    atau                    sale in the daily business activities.
       penyediaan barang atau jasa atau untuk
       tujuan administratif atau dijual dalam
       kegiatan usaha sehari-hari.
         Properti investasi diakui sebagai aset jika                  Investment property is recognized as an
         dan hanya jika besar kemungkinan                             asset when, and only when there is a
         manfaat ekonomi masa depan yang terkait                      probablity that the future economic benefits
         dengan properti investasi akan mengalir ke                   which are associated with the investment
         entitas dan biaya perolehan properti                         property, will flow into the entity and the
         investasi dapat diukur dengan andal.                         cost of the investment property can be
                                                                      measured reliably.
         Properti investasi pada awalnya diukur                       An investment property shall be measured
         sebesar biaya perolehan, meliputi harga                      initially at its cost, comprises its purchase
         harga pembelian dan setiap pengeluaran                       price and any directly attributable
         yang dapat diatribusikan secara langsung                     expenditure (professional fees for legal
         (biaya jasa hukum, pajak pengalihan                          services, property transfer taxes and other
         properti, dan biaya transaksi lain). Biaya                   transaction costs). Transaction costs are
         transaksi termasuk dalam pengukuran                          included in the initial measurement.
         awal tersebut.

                                                       28
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi    Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                   (Continued)

        Setelah pengakuan awal, Grup memilih                       After initial recognition, the Group
        menggunakan model biaya dan mengukur                       may choose to use cost model and
        properti investasi sebesar biaya perolehan                 measure its investment property at
        dikurangi akumulasi penyusutan dan                         acquisition   cost     less accumulated
        akumulasi rugi penurunan nilai aset. Hak                   depreciation and accumulated impairment
        atas tanah tidak disusutkan dan disajikan                  losses. Landrights are not depreciated
        sebesar biaya perolehan.                                   and are carried at costs.
        Bangunan        disusutkan       dengan                    Buildings are depreciated using the
        menggunakan      metode    garis   lurus                   straight-line method over their estimated
        berdasarkan taksiran masa manfaat                          useful lives (12-40 years).
        ekonomis (12-40 tahun).
        Pengalihan ke properti investasi dilakukan                 Transfer to investment property made
        jika, dan hanya jika, terdapat perubahan                   when, and only when, there is a change in
        penggunaan yang ditunjukkan dengan                         usage, evidenced by end of owner-
        berakhirnya pemakaian oleh pemilik dan                     occupation and commencement of an
        dimulainya sewa operasi kepada pihak                       operating lease to another party.
        lain.
        Pengalihan     dari  properti   investasi                  Transfer from investment property made
        dilakukan jika, dan hanya jika, terdapat                   when, and only when, there is a change in
        perubahan penggunaan yang ditunjukkan                      usage, evidenced by commencement of
        dengan dimulainya penggunaan oleh                          owner-occupation and commencement of
        pemilik dan dimulainya pengembangan                        development with a view of sale.
        untuk dijual.
        Properti        investasi      dihentikan                  An investment property is derecognized on
        pengakuannya pada saat dilepaskan atau                     disposal or when the investment property
        ketika tidak digunakan lagi secara                         is permanently withdrawn from use and no
        permanen dan tidak memiliki manfaat                        future economic benefits are expected
        ekonomi masa depan yang diperkirakan                       from its disposal. Gains or losses arising
        dari pelepasannya. Keuntungan atau                         from the retirement or disposal are
        kerugian yang timbul dari penghentian                      determined as the difference between the
        atau pelepasan ditentukan dari selisih                     net disposal proceeds and the carrying
        antara hasil neto pelepasan dan jumlah                     amount of the asset, and are recognized in
        tercatat aset, dan diakui dalam laba rugi                  profit or loss in the period of the retirement
        pada periode terjadinya penghentian atau                   or disposal.
        pelepasan.
    n. Aset Tetap                                               n. Fixed Assets
       Aset tetap pada awalnya diakui sebesar                      Fixed assets are initially recognized at
       biaya perolehan yang meliputi harga                         cost, which comprises its purchase price
       perolehannya dan setiap biaya yang dapat                    and any cost directly attributable in
       diatribusikan langsung untuk membawa                        bringing the assets to the location and
       aset ke kondisi dan lokasi yang diperlukan                  condition necessary for it to be capable of
       agar aset siap digunakan sesuai intensi                     operating in the manner intended by
       manajemen.                                                  management.
        Apabila relevan, biaya perolehan juga                      When applicable, the cost may also
        dapat mencakup estimasi awal biaya                         comprises the initial estimate of the costs
        pembongkaran dan pemindahan aset tetap                     of dismantling and removing the item and
        dan restorasi lokasi aset tetap, kewajiban                 restoring the site on which it is located, the
        tersebut timbul ketika aset tetap diperoleh                obligation for which an entity incurs either
        atau sebagai konsekuensi penggunaan                        when the item is acquired or as a


                                                      29
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PT KERETA API INDONESIA (PERSERO)                                        PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                              AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                   FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                               For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                               December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                    (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan             Akuntansi   Material          2.    Material Accounting Policies Information
   (Lanjutan)                                                          (Continued)

        aset tetap selama periode tertentu untuk                           consequence of having used the item
        tujuan    selain  untuk     memproduksi                            during a particular period for purposes
        persediaan selama periode tersebut.                                other than to produce inventories during
                                                                           that period.
        Setelah pengakuan awal, aset tetap                                 After initial recognition, fixed assets,
        kecuali tanah dinyatakan sebesar biaya                             except land, are carried at its cost less any
        perolehan dikurangi akumulasi penyusutan                           accumulated     depreciation,     and     any
        dan akumulasi rugi penurunan nilai.                                accumulated impairment losses.
        Tanah diakui sebesar harga perolehannya                            Lands are recognized at its cost and are
        dan tidak disusutkan.                                              not depreciated.
        Penyusutan aset tetap dimulai pada saat                            Depreciation of fixed assets starts when
        aset tersebut siap untuk digunakan sesuai                          available for use and was computed by
        maksud penggunaannya dan dihitung                                  using straight-line method based on the
        dengan menggunakan metode garis lurus                              estimated useful lives of assets as follows:
        berdasarkan estimasi masa manfaat
        ekonomis aset sebagai berikut:
                                                 Masa Manfaat         Tarif Penyusutan
                                                   (Tahun)/              per Tahun/
                                                 Useful Lives         Depreciation Rate
        Jenis Aset Tetap                            (Years)               per Year                         Type of Fixed Assets
        Sarana                                                                                                     Rolling Stock
         Lokomotif                                   30                     3,33%                                   Locomotive
         Kereta                                     15-30               3,33% - 6,67%                                     Train
         Gerbong                                     30                     3,33%                                      Wagons
        Prasarana                                                                                                   Infrastructure
         Bangunan                                   12-40               2,50% - 10%                                      Building
         Prasarana dan Instalasi                     5-20              5,00% - 20,00%              Infrastructure and Installation
        Fasilitas                                                                                                     Facilities
         Mesin dan Peralatan                         3-40              2,50% - 33,33%                Machinery and Equipment
         Kendaraan                                    4-8             12,50% - 25,00%                                Vehicles
         Inventaris                                   4-5             20,00% - 25,00%                               Supplies

        Aset tetap yang dikonstruksi sendiri                               Self-constructed of fixed assets are
        disajikan sebagai bagian aset tetap                                presented as part of the fixed assets under
        sebagai “aset tetap dalam penyelesaian”                            “construction in progress” and are stated at
        dan      dinyatakan    sebesar    biaya                            its cost.
        perolehannya.
        Semua biaya, termasuk biaya pinjaman,                               All costs, including borrowing costs,
        yang     terjadi   sehubungan       dengan                          incurred in relation with the construction of
        konstruksi aset tersebut dikapitalisasi                             these assets are capitalized as part of the
        sebagai bagian dari biaya perolehan aset                            cost of assets in construction. Cost of
        tetap dalam konstruksi. Biaya perolehan                             assets in construction shall exclude any
        aset tetap dalam konstruksi tidak termasuk                          internal profits, cost of abnormal amounts
        setiap laba internal, jumlah tidak normal                           of wasted material, labour, or other
        dari biaya pemborosan yang terjadi dalam                            resources incurred.
        pemakaian bahan baku, tenaga kerja atau
        sumber daya lain.
        Akumulasi      biaya    perolehan     akan                         The accumulated costs will be transferred
        dipindahkan ke masing-masing pos aset                              to the respective fixed assets items at the
        tetap yang sesuai pada saat aset tersebut                          time the asset is completed or ready for
        selesai dikerjakan atau siap digunakan dan                         use and are depreciated since the
        disusutkan sejak beroperasi.                                       operation.

                                                            30
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PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan        Akuntansi     Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                     (Continued)

        Nilai tercatat dari suatu aset tetap                         The carrying amount of an item of fixed
        dihentikan pengakuannya pada saat                            assets is derecognized on disposal or
        pelepasan atau ketika tidak terdapat lagi                    when no future economic benefits are
        manfaat ekonomi masa depan yang                              expected from its use or disposal. Any gain
        diharapkan    dari    penggunaan     atau                    or loss arrising from derecognition (that
        pelepasannya. Keuntungan atau kerugian                       determined as the difference between the
        yang timbul dari penghentian pengakuan                       net disposal proceeds, if any, and the
        tersebut (yang ditentukan sebesar selisih                    carrying amount of the item) is included in
        antara jumlah hasil pelepasan bersih, jika                   profit or loss when item is derecognized.
        ada, dan jumlah tercatatnya) dimasukkan
        dalam laba rugi pada saat penghentian
        pengakuan tersebut dilakukan.
        Pada akhir periode pelaporan, Grup                           At the end of each reporting period, the
        melakukan penelaahan berkala atas masa                       Group made regular review of the useful
        manfaat, nilai residu, metode penyusutan,                    lives, residual values, depreciation method
        dan sisa umur pemakaian berdasarkan                          and residual life based on the technical
        kondisi teknis.                                              conditions.
    o. Perjanjian Konsesi Jasa                                    o. Service Concession Arrangement
       Grup telah menerapkan ISAK 16,                                The Group has adopted ISAK 16, “Service
       “Perjanjian Konsesi Jasa” (ISAK 16) dan                       Concession Arrangement” (ISAK 16) and
       ISAK 22, “Perjanjian Konsesi Jasa:                            ISAK       22,     “Service      Concession
       Pengungkapan” (ISAK 22) sehubungan                            Arrangement: Disclosure” (ISAK 22)
       dengan hak pengoperasian aset.                                related to operating rights of assets.
        ISAK 16 mengatur prinsip umum dalam                          ISAK 16 determines the general principles
        pengakuan dan pengukuran hak dan                             in the recognition and measurement of
        kewajiban terkait dengan perjanjian                          liabilities and rights related to service
        konsesi jasa. ISAK 16 mengatur bahwa                         concession     arrangement.     ISAK    16
        infrastruktur tidak diakui sebagai aset tetap                regulates that an operator (concession
        operator (pihak penerima konsesi jasa)                       right beneficiary) does not recognize any
        karena perjanjian jasa kontraktual tidak                     infrastructure    assets    because    the
        memberikan hak kepada operator untuk                         contractual service arrangement does not
        mengendalikan penggunaan infrastruktur                       convey the right to control the use of the
        jasa publik.                                                 public service infrastructure to the
                                                                     operator.
        Operator     memiliki      akses   untuk                     The operator has access to operate the
        mengoperasikan      infrastruktur dalam                      infrastructure to provide the public service
        menyediakan     jasa       publik untuk                      on behalf of the grantor in accordance with
        kepentingan pemberi konsesi sesuai                           the terms specified in the contract.
        dengan persyaratan yang ditentukan
        dalam kontrak.
        ISAK 22 memberikan panduan spesifik                          ISAK 22 provides specific guidance for the
        mengenai pengungkapan yang diperlukan                        required disclosures regarding the service
        atas perjanjian konsesi jasa.                                concession arrangement.
        Grup membukukan perjanjian konsesi jasa                      The Group accounts for its service
        sebagai aset takberwujud, aset konsesi                       concession     arrangement       under   the
        dalam bentuk aset takberwujud yaitu hak                      intangible asset, concession assets which
        pengoperasian akan diamortisasi selama                       are under intangible asset which is
        sisa masa hak konsesi sejak tanggal                          operation rights of assets will be amortized
        pengoperasian aset.                                          over the remaining concession period from
                                                                     the date of operation of the assets.

                                                        31
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PT KERETA API INDONESIA (PERSERO)                                      PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                            AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                 FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                             For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                             December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                  (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan         Akuntansi     Material          2.   Material Accounting Policies Information
   (Lanjutan)                                                       (Continued)

        Selama masa konstruksi, akumulasi biaya                        During the construction period, the
        perolehan dan konstruksi aset diakui                           accumulated cost of assets are recognized
        sebagai aset konsesi dalam penyelesaian.                       as concession assets in progress. The
        Amortisasi mulai dibebankan pada saat                          amortization of the cost starts when the
        aset konsesi tersebut siap digunakan.                          concession assets are ready to be
                                                                       operated.

        Hak pengoperasian aset dihentikan                              The operation rights of assets are
        pengakuannya pada saat berakhirnya                             derecognized at the end of the concession
        masa konsesi. Tidak akan ada keuntungan                        period. There will be no gain or loss upon
        atau    kerugian     saat    penghentian                       derecognition as the concession assets
        pengakuan     karena      aset   konsesi                       which are expected to be fully amortized
        diharapkan telah diamortisasi secara                           by then, will be handed over to the
        penuh, akan diserahkan kepada Direktorat                       Direktorat Jenderal Perkeretaapian (DJKA)
        Jenderal Perkeretaapian (DJKA) tanpa                           for no consideration.
        syarat.

        Hak pengoperasian aset yang diberikan                          The operation rights of asset granted to the
        kepada Grup dapat dialihkan dengan                             Group are transferrable with approval from
        persetujuan Pemerintah/ DJKA.                                  the Government/ DJKA.

        Hak Pengoperasian aset diamortisasi                            The operating rights of assets are
        sepanjang masa konsesi berkisar antara                         amortized over the concession period
        30-50 tahun.                                                   ranging from 30-50 years.

        Aset konsesi ini akan diserahkan ke                            These concession right assets will be
        Pemerintah/ DJKA pada saat akhir masa                          transferred to the Government/ DJKA at
        konsesi dan, pada saat itu, seluruh akun                       the end of the concession period and, at
        yang berhubungan dengan aset konsesi                           such time, all accounts related to the
        akan dihentikan pengakuannya.                                  concession     rights assets   will  be
                                                                       derecognized.

        Selama     periode    konstruksi, Grup                         During the construction period, the Group
        mengakui      pendapatan    dan   biaya                        recognizes revenues and costs of
        konstruksi sesuai dengan penambahan                            construction in accordance with the
        aset konsesi.                                                  addition of concession assets.

        Biaya bunga dan biaya pinjaman lainnya,                        Interest and other borrowing costs, such as
        seperti diskonto baik yang secara                              discount fees on loans either directly or
        langsung       ataupun     tidak    langsung                   indirectly used in financing the construction
        digunakan       untuk   mendanai        proses                 of a qualifying asset, are capitalized up to
        pembangunan           aset       kualifikasian,                the date when the construction is
        dikapitalisasi     sampai     saat      proses                 completed.
        pembangunannya selesai.

        Untuk pinjaman yang dapat dihubungkan                          For borrowings directly attributable to a
        secara langsung dengan suatu aset                              qualifying asset, the amount allowed to be
        tertentu, jumlah yang dapat dikapitalisasi                     capitalized is determined as the actual
        adalah sebesar biaya pinjaman yang                             borrowing costs incurred during the year,
        terjadi dalam tahun berjalan, dikurangi                        less any investment income earned from
        dengan penghasilan investasi sementara                         the temporary investment of such
        dari pinjaman tersebut.                                        borrowings.



                                                          32
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi     Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                    (Continued)
    p. Biaya Pinjaman                                            p. Borrowing Costs
       Biaya pinjaman yang dapat diatribusikan                      Borrowing costs that are directly
       langsung          dengan          perolehan,                 attributable to the acquisition, construction
       pembangunan atau pembuatan aset                              or production of a qualifying asset, are
       kualifikasian, dikapitalisasi sebagai bagian                 capitalized as part of the cost of that
       biaya perolehan aset tersebut. Biaya                         asset. Other borrowing costs are
       pinjaman lainnya diakui sebagai beban                        recognized as an expense when incurred.
       pada saat terjadi. Biaya pinjaman dapat                      Borrowing costs may include interest
       mencakup beban bunga, beban keuangan                         expense, finance charges in respect of
       dalam sewa pembiayaan atau selisih kurs                      finance leases, or exchange differences
       yang berasal dari pinjaman dalam mata                        arising from foreign currency borrowings
       uang asing sepanjang selisih kurs tersebut                   to the extent that they are regarded as an
       diperlakukan sebagai penyesuaian atas                        adjustment to interest costs.
       biaya bunga.
        Kapitalisasi biaya pinjaman dimulai pada                     Capitalization    of   borrowing    costs
        saat Grup telah melakukan aktivitas yang                     commences when the Group undertakes
        diperlukan untuk mempersiapkan aset                          activities necessary to prepare the asset
        agar dapat digunakan atau dijual sesuai                      for its intended use or sale and
        dengan intensinya serta pengeluaran                          expenditures for the asset and its
        untuk aset dan biaya pinjamannya telah                       borrowing costs has been incurred.
        terjadi.
        Kapitalisasi biaya pinjaman dihentikan                       Capitalization of borrowing costs ceases
        ketika secara substansial seluruh aktivitas                  when substantially all the activities
        yang diperlukan untuk mempersiapkan                          necessary to prepare the qualifying assets
        aset kualifikasian agar dapat digunakan                      for its intended use or sale are complete.
        atau dijual sesuai dengan intensinya telah
        selesai.
        Biaya bunga dan biaya pinjaman lainnya,                      Interest and other borrowing costs, such
        seperti biaya diskonto pinjaman baik yang                    as discount fees on loans either directly or
        secara langsung atau tidak langsung                          indirectly   used       in   financing     the
        digunakan untuk pendanaan konstruksi                         construction of a qualifying asset, are
        aset kualifikasian, dikapitalisasi hingga                    capitalised up to the date when
        aset tersebut selesai dikonstruksi. Untuk                    construction is complete. For borrowings
        biaya pinjaman yang dapat diatribusikan                      that are directly attributable to a qualifying
        secara langsung pada aset kualifikasian,                     asset, the amount to be capitalised is
        jumlah yang dikapitalisasi ditentukan dari                   determined as the actual borrowing cost
        biaya pinjaman aktual yang terjadi selama                    incurred during the period, less any
        periode berjalan, dikurangi penghasilan                      income earned on the temporary
        yang diperoleh dari investasi sementara                      investment of such borrowings.
        atas dana hasil pinjaman tersebut.
        Untuk pinjaman yang tidak dapat                              For borrowings that are not directly
        diatribusikan secara langsung pada suatu                     attributable to a qualifying asset, the
        aset      kualifikasian,      jumlah    yang                 amount to be capitalised is determined by
        dikapitalisasi       ditentukan      dengan                  applying a capitalisation rate to the amount
        mengalikan tingkat kapitalisasi terhadap                     expended on the qualifying assets. The
        jumlah      yang        dikeluarkan    untuk                 capitalisation rate is the weighted average
        memperoleh aset kualifikasian. Tingkat                       of the total borrowing costs applicable to
        kapitalisasi dihitung berdasarkan rata-rata                  the total borrowings outstanding during the
        tertimbang biaya pinjaman yang dibagi                        period, other than borrowings made
        dengan jumlah pinjaman yang tersedia                         specifically for the purpose of obtaining a
        selama periode, selain pinjaman yang                         qualifying asset.
        secara spesifik diambil untuk tujuan
        memperoleh suatu aset kualifikasian.

                                                       33
Page 698
PT KERETA API INDONESIA (PERSERO)                                      PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                            AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                 FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                             For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                             December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                  (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan         Akuntansi     Material          2.   Material Accounting Policies Information
   (Lanjutan)                                                       (Continued)

    q. Penurunan Nilai Aset Non-keuangan                            q. Impairment of Assets Non-financial
       Pada setiap akhir periode pelaporan, Grup                       At the end of each reporting period, the
       menilai apakah terdapat indikasi aset                           Group assess whether there is any
       mengalami penurunan nilai. Jika terdapat                        indication that an asset may be impaired. If
       indikasi tersebut, Grup mengestimasi                            any such indication exists, the Group shall
       jumlah terpulihkan aset tersebut. Jumlah                        estimate the recoverable amount of the
       terpulihkan ditentukan atas suatu aset                          asset. Recoverable amount is determined
       individual, dan jika tidak memungkinkan,                        for an individual asset, if its is not possible,
       Grup menentukan jumlah terpulihkan dari                         the Group determines the recoverable
       unit penghasil kas dari aset tersebut.                          amount of the asset’s cash-generating unit.

         Jumlah terpulihkan adalah jumlah yang                           The recoverable amount is the higher of
         lebih tinggi antara nilai wajar dikurangi                       fair value less costs to sell and its value in
         biaya pelepasan dengan nilai pakainya.                          use. Value in use is the present value of
         Nilai pakai adalah nilai kini dari arus kas                     the estimated future cash flows of the
         yang diharapkan akan diterima dari aset                         asset or cash generating unit.
         atau unit penghasil kas.

         Nilai kini dihitung dengan menggunakan                          Present values are computed using pre-tax
         tingkat diskonto sebelum pajak yang                             discount rates that reflect the time value of
         mencerminkan nilai waktu uang dan risiko                        money and the risks specific to the asset
         spesifik atas aset atau unit yang                               or unit whose impairment is being
         penurunan nilainya diukur. Jika, dan hanya                      measured. If, and only if, the recoverable
         jika, jumlah terpulihkan aset lebih kecil dari                  amount of an asset is less than its carrying
         jumlah tercatatnya, maka jumlah tercatat                        amount, the carrying amount of the asset
         aset diturunkan menjadi sebesar jumlah                          shall be reduced to its recoverable amount.
         terpulihkan. Penurunan tersebut adalah                          The reduction is an impairment loss and is
         rugi penurunan nilai dan segera diakui                          recognized immediately in profit or loss.
         dalam laba rugi.

         Rugi penurunan nilai yang telah diakui                          An impairment loss recognized in prior
         dalam periode sebelumnya untuk aset                             period for an asset other than goodwill is
         selain goodwill dibalik jika, dan hanya jika,                   reversed if, and only if, there has been a
         terdapat    perubahan       estimasi   yang                     change in the estimates used to determine
         digunakan untuk menentukan jumlah                               the asset’s recoverable amount since the
         terpulihkan aset tersebut sejak rugi                            last impairment loss was recognized. If this
         penurunan nilai terakhir diakui. Jika                           is the case, the carrying amount of the
         demikian, jumlah tercatat aset dinaikan ke                      asset shall be increased to its recoverable
         jumlah terpulihkannya. Kenaikan ini                             amount. That increase is a reversal of an
         merupakan      suatu      pembalikan     rugi                   impairment loss.
         penurunan nilai.

    r.   Pendapatan Diterima di Muka                                r.   Unearned Revenues
         Pendapatan diterima di muka atas                                Unearned revenues from usage of land
         pemakaian      lahan   dan    bangunan                          and buildings are amortized over the
         diamortisasi    selama  masa    kontrak                         usage term using the straight-line method.
         pemakaian dengan menggunakan metode                             The non-current portion of unearned
         garis lurus. Bagian tidak lancar atas                           revenues is shown as part of "Long-term
         pendapatan diterima dimuka disajikan                            Liabilities" in the consolidated statement of
         sebagai bagian dari "Liabilitas Jangka                          financial position.
         Panjang" pada laporan posisi keuangan
         konsolidasian.



                                                          34
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi    Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                   (Continued)
        Pendapatan diterima di muka atas                            Unearned revenues from passenger
        angkutan      penumpang      merupakan                      transportation represent revenue as on
        pendapatan      atas    jasa   angkutan                     passenger transport services by train
        penumpang pengguna kereta api yang                          which the travel realization departure is in
        realisasi keberangkatannya pada periode                     next period.
        berikutnya.
        Pendapatan diterima di muka angkutan                       Unearned revenue of freight transportation
        barang merupakan pendapatan atas jasa                      represents revenue generated from freight
        angkutan barang yang terdiri dari angkutan                 transport railway services consist of freight
        peti kemas, batu bara, parsel, barang                      of containers, coal, parcel, bulk cargo and
        curah dan barang jenis lain yang realisasi                 other types of goods of which the departure
        keberangkatannya       pada        periode                 is realized in the following period.
        berikutnya.
    s. Pajak Penghasilan                                        s. Income Tax
       Beban pajak adalah jumlah gabungan                          Tax expense is the aggregate amount
       pajak kini dan pajak tangguhan yang                         included in the determinination of profit or
       diperhitungkan dalam menentukan laba                        loss for the period in respect of current tax
       rugi pada suatu periode.                                    and deferred tax.
        Pajak kini dan pajak tangguhan diakui                       Current tax and deferred tax is recognized
        dalam laba rugi, kecuali pajak penghasilan                  in profit or loss, except for income tax
        yang timbul dari transaksi atau peristiwa                   arising from transactions or events that are
        yang     diakui     dalam      penghasilan                  recognized in other comprehensive income
        komprehensif lain atau secara langsung di                   or directly in equity. In this case, the tax is
        ekuitas. Dalam hal ini, pajak tersebut                      recognized in other comprehensive income
        masing-masing diakui dalam penghasilan                      or equity, respectively.
        komprehensif lain atau ekuitas.
        Jumlah pajak kini untuk periode berjalan                    Current tax for current and prior periods
        dan periode sebelumnya yang belum                           shall, to the extent unpaid, be recognised
        dibayar diakui sebagai liabilitas. Jika                     as a liability. If the amount already paid in
        jumlah pajak yang telah dibayar untuk                       respect of current and prior periods
        periode berjalan dan periode-periode                        exceeds the amount due for those periods,
        sebelumnya melebihi jumlah pajak yang                       the excess shall be recognised as an
        terutang untuk periode tersebut, maka                       asset. Current tax liabilities (assets) for the
        kelebihannya      diakui   sebagai    aset.                 current and prior periods shall be
        Liabilitas (aset) pajak kini untuk periode                  measured at the amount expected to be
        berjalan dan periode sebelumnya diukur                      paid to (recovered from) the taxation
        sebesar jumlah yang diperkirakan akan                       authorities, using the tax rates that have
        dibayar kepada (direstitusi dari) otoritas                  been enacted or substantively enacted by
        perpajakan, yang dihitung menggunakan                       the end of the reporting period.
        tarif pajak berlaku atau secara substantif
        berlaku pada akhir periode pelaporan.
        Manfaat terkait dengan rugi pajak yang                      Tax benefits relating to tax loss that can be
        dapat ditarik untuk memulihkan pajak kini                   carried back to recover current tax of a
        dari periode sebelumnya diakui sebagai                      previous periods is recognized as an
        aset. Aset pajak tangguhan diakui untuk                     asset. Deferred tax asset is recognized for
        akumulasi rugi pajak belum dikompensasi                     the carryforward of unused tax losses and
        dan kredit pajak belum dimanfaatkan                         unused tax credit to the extent that it is
        sepanjang kemungkinan besar laba kena                       probable that future taxable profit will be
        pajak masa depan akan tersedia untuk                        available against which the unused tax
        dimanfaatkan dengan rugi pajak belum                        losses and unused tax credits can be
        dikompensasi dan kredit pajak belum                         utilized.
        dimanfaatkan.

                                                      35
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi     Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                    (Continued)

    Seluruh perbedaan temporer kena pajak                        A deferred tax liability shall be recognized for
    diakui sebagai liabilitas pajak tangguhan,                   all taxable temporary differences, except to
    kecuali perbedaan temporer kena pajak yang                   the extent that the deferred tax liability arises
    berasal dari:                                                from:
    a) pengakuan awal goodwill; atau                              a) the initial recognition of goodwill; or
    b) pengakuan awal aset atau liabilitas dari                   b) the initial recognition of an asset or liability
       transaksi yang bukan kombinasi bisnis,                         in a transaction which is not a business
       pada saat transaksi tidak mempengaruhi                         combination, at the time of the
       laba akuntansi atau laba kena pajak (rugi                      transaction, affects neither accounting
       pajak) dan pada saat transaksi tidak                           profit nor taxable profit (tax loss) and at
       menimbulkan perbedaan temporer kena                            the time of the transaction, does not give
       pajak dan perbedaan temporer dapat                             rise to equal taxable and deductible
       dikurangkan dalam jumlah yang sama.                            temporary differences.

    Aset pajak tangguhan diakui untuk seluruh                    A deferred tax asset shall be recognised for all
    perbedaan temporer dapat dikurangkan                         deductible temporary differences to the extent
    sepanjang kemungkinan besar laba kena pajak                  that it is probable that taxable profit will be
    akan tersedia sehingga perbedaan temporer                    available against which the deductible
    dapat dimanfaatkan untuk mengurangi laba                     temporary difference can be utilized, unless
    dimaksud, kecuali jika aset pajak tangguhan                  the deferred tax asset arises from the initial
    timbul dari pengakuan awal aset atau                         recognition of an asset or liability in a
    pengakuan awal liabilitas dalam transaksi yang               transaction that is not a business combination
    bukan kombinasi bisnis dan pada saat                         and at the time of the transaction affects
    transaksi tidak mempengaruhi laba akuntansi                  neither accounting profit nor taxable profit (tax
    atau laba kena pajak (rugi pajak) dan pada                   loss) and at the time of the transaction, does
    saat transaksi tidak menimbulkan perbedaan                   not give rise to equal taxable and deductible
    temporer kena pajak dan perbedaan temporer                   temporary differences.
    dapat dikurangkan dalam jumlah yang sama.

    Aset dan liabilitas pajak tangguhan diukur                   Assets and liabilities deferred tax are
    dengan menggunakan tarif pajak yang                          measured at the tax rates that are expected to
    diharapkan berlaku ketika aset dipulihkan atau               apply to the period when the asset is realized
    liabilitas diselesaikan, berdasarkan tarif pajak             or the liability is settled, based on tax rates
    (dan peraturan pajak) yang telah berlaku atau                (and tax laws) that have been enacted or
    secara substantif telah berlaku pada akhir                   substantively enacted by the end of the
    periode pelaporan. Pengukuran aset dan                       reporting period. The measurement of
    liabilitas pajak tangguhan mencerminkan                      deferred tax liabilities and deferred tax assets
    konsekuensi pajak yang sesuai dengan cara                    shall reflect the tax consequences that would
    Grup memperkirakan, pada akhir periode                       follow from the manner in which the Group
    pelaporan,       untuk     memulihkan       atau             expects, at the end of the reporting period, to
    menyelesaikan jumlah tercatat aset dan                       recover or settle the carrying amount of its
    liabilitasnya.                                               assets and liabilities.

    Jumlah tercatat aset pajak tangguhan ditelaah                The carrying amount of a deferred tax asset
    ulang pada akhir periode pelaporan. Grup                     reviewed at the end of each reporting period.
    mengurangi jumlah tercatat aset pajak                        The Group shall reduce the carrying amount of
    tangguhan jika kemungkinan besar laba kena                   a deferred tax asset to the extent that it is no
    pajak tidak lagi tersedia dalam jumlah yang                  longer probable that sufficient taxable profit
    memadai untuk mengkompensasikan sebagian                     will be available to allow the benefit of part or
    atau seluruh aset pajak tangguhan tersebut.                  all of that deferred tax asset to be utilized.




                                                       36
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PT KERETA API INDONESIA (PERSERO)                                     PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                           AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                            December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan         Akuntansi     Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                      (Continued)

         Setiap pengurangan tersebut dilakukan                           Any such reduction shall be reversed to
         pembalikan atas aset pajak tangguhan                            the extent that it becomes probable that
         hingga kemungkinan besar laba kena                              sufficient taxable profit will be available.
         pajak yang tersedia jumlahnya memadai.

         Grup melakukan saling hapus aset pajak                         The Group offsets deferred tax assets and
         tangguhan dan liabilitas pajak tangguhan                       deferred tax liabilities if, and only if:
         jika dan hanya jika:
         a) Grup memiliki hak yang dapat                                a) the Group has a legally enforceable
             dipaksakan secara hukum untuk                                 right to set off current tax assets against
             melakukan saling hapus aset pajak kini                        current tax liabilities; and
             terhadap liabilitas pajak kini; dan
         b) aset pajak tangguhan dan liabilitas                         b) the deferred tax assets and the deferred
             pajak tangguhan terkait dengan pajak                          tax liabilities relate to income taxes
             penghasilan yang dikenakan oleh                               levied by the same taxation authority on
             otoritas perpajakan yang sama atas:                           either:
             i. entitas kena pajak yang sama; atau                         i. the same taxable entity; or
             ii. entitas kena pajak yang berbeda                           ii. different taxable entities which intend
                 yang bermaksud untuk memulihkan                               either to settle current tax liabilities
                 aset dan liabilitas pajak kini dengan                         and assets on a net basis, or to
                 dasar neto, atau merealisasikan                               realize the assets and settle the
                 aset dan menyelesaikan liabilitas                             liabilities simultaneously, in each
                 secara bersamaan, pada setiap                                 future period in which significant
                 periode masa depan dimana jumlah                              amounts of deferred tax liabilities or
                 signifikan atas aset atau liabilitas                          assets are expected to be settled or
                 pajak tangguhan diperkirakan untuk                            recovered.
                 diselesaikan atau dipulihkan.

         Grup melakukan saling hapus atas aset                           The Group offsets current tax assets and
         pajak kini dan liabilitas pajak kini jika dan                   current tax liabilities if, and only if, the
         hanya jika, Grup:                                               Group:
         a) memiliki hak yang dapat dipaksakan                           a) has legally enforceable right to set off
             secara hukum untuk melakukan saling                             the recognized amounts, and
             hapus atas jumlah yang diakui; dan
         b) bermaksud       untuk       menyelesaikan                    b) intends either to settle on a net basis,
             dengan        dasar         neto     atau                      or to realize the assets and settle
             merealisasikan           aset         dan                      liabilities simultaneously.
             menyelesaikan        liabilitas    secara
             bersamaan.

    t.   Aset dan Liabilitas Pengampunan Pajak                     t.    Tax Amnesty Assets and Liabilities
         Aset Pengampunan Pajak dan Liabilitas                           Tax Amnesty Assets and Liabilities are
         Pengampunan Pajak diakui pada saat                              recognized upon the issuance of Surat
         Surat Keterangan Pengampunan Pajak                              Keterangan Pengampunan Pajak (SKPP)
         (SKPP) diterbitkan oleh Menteri Keuangan                        by the Ministry of Finance of Republic of
         Republik Indonesia, dan tidak diakui                            Indonesia, and they are not recognized as
         secara neto (saling hapus). Selisih antara                      net amount (offset). The difference
         Aset Pengampunan Pajak dan Liabilitas                           between Tax Amnesty Assets and Tax
         Pengampunan Pajak diakui sebagai                                Amnesty Liabilities are recognized as
         Tambahan Modal Disetor.                                         Additional Paid in Capital.

         Aset Pengampunan Pajak pada awalnya                             Tax Amnesty Assets are initially
         diakui sebesar nilai yang disetujui dalam                       recognized at the value stated in SKPP.
         SKPP.

                                                         37
Page 702
PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi     Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                    (Continued)

        Liabilitas Pengampunan Pajak pada                            Tax Amnesty Liabilities are initially
        awalnya diakui sebesar nilai kas dan                         measured at the amount of cash or cash
        setara kas yang masih harus dibayarkan                       equivalents to be settled by the Group
        oleh Grup sesuai kewajiban kontraktual                       according to the contractual obligation
        atas perolehan Aset Pengampunan Pajak.                       with respect to the acquisition of
                                                                     respective Tax Amnesty Assets.

        Uang tebusan yang dibayarkan oleh Grup                       The redemption money paid by the Group
        untuk memperoleh pengampunan pajak                           to obtain the tax amnesty is recognized as
        diakui sebagai beban pada periode dimana                     expense in the period in which the Group
        SKPP diterima oleh Grup.                                     receives SKPP.

        Setelah pengakuan awal, Aset dan                             After initial recognition, Tax Amnesty
        Liabilitas Pengampunan Pajak diukur                          Assets and Liabilities are measured in
        sesuai dengan SAK yang relevan sesuai                        accordance with respective relevant SAKs
        dengan klasifikasi masing-masing Aset                        according to the classification of each Tax
        dan Liabilitas Pengampunan Pajak.                            Amnesty Assets and Liabilities.

        Sehubungan dengan Aset dan Liabilitas                        With respect to Tax Amnesty Assets and
        Pengampunan Pajak yang diakui, Grup                          Liabilities recognized, the Group has
        telah mengungkapkan dalam laporan                            disclosed the following in its financial
        keuangannya:                                                 statements:
        a. Tanggal SKPP;                                             a. The date of SKPP;
        b. Jumlah yang diakui sebagai Aset                           b. Amount recognized as Tax Amnesty
            Pengampunan Pajak sesuai SKPP;                               Assets in accordance with SKPP; and
            dan
        c. Jumlah yang diakui sebagai Liabilitas                     c. Amount recognized as Tax Amnesty
            Pengampunan Pajak.                                          Liabilities.

    u. Sewa                                                      u. Leases
       Grup sebagai Penyewa (Lessee)                                Group as Lessee
       Pada tanggal insepsi suatu kontrak, Grup                     At inception of a contract, the Group
       menilai apakah suatu kontrak merupakan,                      assesses whether a contract is, or
       atau mengandung, sewa. Suatu kontrak                         contains, a lease. A contract is, or
       merupakan, atau mengandung sewa jika                         contains, a lease if the contract conveys
       kontrak tersebut memberikan hak untuk                        the right to control the use of an identified
       mengendalikan penggunaan suatu aset                          asset for a period of time in exchange for
       identifikasian selama suatu jangka waktu                     consideration. To assess whether a
       untuk dipertukarkan dengan imbalan.                          contract conveys the right to control the
       Untuk menilai apakah suatu kontrak                           use of an identified asset, the Group
       memberikan hak untuk mengendalikan                           assesses whether:
       suatu aset identifikasian, Grup menilai
       apakah:
       a. Kontrak melibatkan penggunaan suatu                        a. The contract involves the use of an
          aset identifikasian – ini dapat ditentukan                     identified asset – this may be specified
          secara eksplisit atau implisit dan secara                      explicitly or implicitly and should be
          fisik dapat dibedakan atau mewakili                            physically    distinct    or    represent
          secara substansial seluruh kapasitas                           substantially all of the capacity of a
          aset yang secara fisik dapat dibedakan.                        physically distinct asset. If the supplier
          Jika pemasok memiliki hak substitusi                           has the substantive substitution right,
          substantif, maka aset tersebut tidak                           then the asset is not identified;
          teridentifikasi;



                                                       38
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PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan      Akuntansi    Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                  (Continued)

        b. Grup memiliki hak untuk memperoleh                     b. The Group has the right to obtain
           secara substansial seluruh manfaat                        substantially all the economic benefits
           ekonomik dari penggunaan aset selama                      of the use of assets during the period
           periode penggunaan; dan                                   of use; and
        c. Grup memiliki hak untuk mengarahkan                    c. The Group has the right to direct the
           penggunaan aset identifikasian. Grup                      use of the identified asset. The Group
           memiliki hak ini ketika hak pengambilan                   has this right when it has the decision-
           keputusan yang paling relevan untuk                       making rights that are most relevant to
           mengubah bagaimana dan untuk tujuan                       changing how and for what purpose
           apa aset tersebut digunakan.                              the asset is used.
       Dalam kondisi tertentu di mana semua                       In certain circumstances where all the
       keputusan tentang bagaimana dan untuk                      decisions about how and for what purpose
       tujuan apa aset digunakan telah ditentukan                 the asset is used are predetermined, the
       sebelumnya, Grup memiliki hak untuk                        Group has the right to direct the use of the
       mengarahkan penggunaan aset tersebut                       asset if either:
       jika:
       • Grup        memiliki     hak       untuk                 •   The Group has the right to operate the
           mengoperasikan aset; atau                                  asset; or
       • Grup mendesain aset dengan cara                          •   The Group designed the asset in a
           menetapkan sebelumnya bagaimana                            way that predetermines how and for
           dan untuk ujuan apa aset akan                              what purpose the asset will be used.
           digunakan.
        Pada tanggal insepsi atau pada saat                       At inception date or on reassessment of a
        penilaian kembali suatu kontrak yang                      contract that contains a lease component,
        mengandung suatu komponen sewa, Grup                      the Group allocates consideration in the
        mengalokasikan imbalan dalam kontrak ke                   contract to each lease component on the
        masing-masing      komponen         sewa                  basis of their relative stand-alone prices.
        berdasarkan harga tersendiri relatif dari
        komponen sewa.
        Pembayaran sewa yang termasuk dalam                       Lease     payments    included   in   the
        pengukuran liabilitas sewa meliputi:                      measurement of the lease liability
        pembayaran sewa tetap, sewa variabel                      comprise the following: fixed payments,
        yang bergantung pada indeks, jumlah yang                  variable lease payments that depend on an
        akan dibayarkan dalam jaminan nilai                       index, amounts expected to be payable
        residu dan harga eksekusi opsi beli, opsi                 under a residual value guarantee and the
        perpanjangan atau penalti penghentikan                    exercise price under a purchase option,
        jika Grup cukup pasti akan mengeksekusi                   optional renewal period or penalties for
        opsi tersebut.                                            early termination of a lease unless the
                                                                  Group is reasonably certain not to
                                                                  terminate early.
        Grup mengakui aset hak guna dan                           The Group recognizes a right-of-use asset
        liabilitas sewa pada tanggal dimulainya                   and a lease liability at the lease
        sewa. Aset hak guna awalnya diukur pada                   commencement date. The right of-use
        biaya perolehan, yang terdiri dari jumlah                 asset is initially measured at cost, which
        pengukuran awal dari liabilitas sewa                      comprises the initial amount of the lease
        disesuaikan dengan pembayaran sewa                        liability adjusted for any lease payments
        yang dilakukan pada atau sebelum tanggal                  made at or before the commencement
        permulaan, ditambah dengan biaya                          date, plus any initial direct costs incurred
        langsung awal yang dikeluarkan, dan                       and an estimate of costs to dismantle and
        estimasi biaya untuk membongkar dan                       remove the underlying asset or to restore


                                                     39
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PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan      Akuntansi    Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                  (Continued)

        memindahkan aset pendasar atau untuk                      the underlying asset or the site on which it
        merestorasi aset pendasar atau tempat di                  is located, less any lease incentives
        mana aset berada, dikurangi insentif sewa                 received.
        yang diterima.

        Setelah      tanggal   permulaan,   Grup                  After the commencement date, the Group
        mengukur aset hak guna dengan model                       measures the right-of-use assets under the
        biaya, yaitu biaya perolehan dikurangi                    cost model, which is cost less accumulated
        akumulasi penyusutan dan akumulasi                        depreciation and accumulated impairment
        kerugian       penurunan    nilai,  serta                 losses, and adjusted for remeasurement
        disesuaikan dengan pengukuran kembali                     of lease liabilities. Right-of-use asset
        liabilitas sewa. Aset hak guna disusutkan                 depreciated using straight line method.
        dengan menggunakan metode garis lurus.

        Jika sewa mengalihkan kepemilikan aset                    If the lease transfers ownership of the
        pendasar pada akhir masa sewa atau jika                   underlying asset to the lessee by the end
        biaya    perolehan    aset   hak     guna                 of the lease term or if the cost of the right-
        merefleksikan       penyewa          akan                 of-use asset reflects that the lessee will
        mengeksekusi opsi beli, maka penyewa                      exercise a purchase option, the lessee
        menyusutkan aset hak guna dari tanggal                    shall depreciate the right-of-use asset from
        permulaan hingga akhir umur manfaat aset                  the commencement date to the end of the
        pendasar, yang mengacu pada ketentuan                     useful life of the underlying asset, which
        masa manfaat aset tetap. Jika tidak, maka                 refers to the terms of the useful life of the
        aset hak guna disusutkan dari tanggal                     fixed asset. Otherwise, the lessee shall
        permulaan hingga tanggal yang lebih awal                  depreciate the right-of-use asset from the
        antara akhir umur manfaat aset hak guna                   commencement date to the earlier of the
        atau akhir masa sewa.                                     end of the useful life of the right-of-use
                                                                  asset or the end of the lease term.

        Liabilitas sewa awalnya diukur pada nilai                 The lease liability is initially measured at
        kini atas pembayaran sewa yang belum                      the present value of the lease payments
        dibayar     pada    tanggal     permulaan,                that are not yet paid at the commencement
        didiskontokan menggunakan suku bunga                      date, discounted using the interest rate
        implisit dalam sewa atau, jika suku bunga                 implicit in the lease or, if that rate cannot
        tersebut tidak dapat ditentukan, digunakan                be readily determined, The Group
        suku bunga pinjaman inkremental Grup.                     incremental borrowing rate. Generally, The
        Umumnya, Grup menggunakan suku                            Group uses its incremental borrowing rate
        bunga pinjaman inkremental sebagai suku                   as the discount rate.
        bunga diskonto.

        Setelah    tanggal    permulaan,    Grup                  After the commencement date, the Group
        mengukur liablitas sewa dengan:                           shall measure the lease liability by:
        a. Meningkatkan jumlah tercatat untuk                     a. Increasing the carrying amount to
           merefleksikan bunga atas liabilitas                        reflect interest on the lease liability;
           sewa;
        b. Mengurangi jumlah tercatat untuk                       b. Reducing the carrying amount to
           merefleksikan sewa yang telah dibayar;                    reflect the lease payments made; and
        c. Mengukur kembali jumlah tercatat                       c. Remeasuring the carrying amount to
           untuk merefleksikan penilaian kembali                     reflect any reassessment or lease
           atau modifikasi sewa atau untuk                           modifications, or to reflect revised in-
           merefleksikan pembayaran sewa tetap                       substance fixed lease payments.
           secara substansi revisian.



                                                     40
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi    Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                   (Continued)

        Liabilitas sewa diukur kembali ketika ada                  It is remeasured when there is a change in
        perubahan pembayaran sewa masa depan                       future lease payments arising from a
        yang timbul dari perubahan indeks atau                     change in an index or rate, if there is a
        suku bunga, jika ada perubahan estimasi                    change in the Group estimate of the
        Grup atas jumlah yang diperkirakan akan                    amount expected to be payable under a
        dibayar dalam jaminan nilai residual, atau                 residual value guarantee, or if the Group
        jika Grup mengubah penilaiannya apakah                     changes its assessment of whether it will
        akan       mengeksekusi      opsi     beli,                exercise a purchase, extension or
        perpanjangan atau penghentian.                             termination option.

        Ketika liabilitas sewa diukur kembali                      When the lease liability is remeasured in
        dengan cara ini, penyesuaian terkait                       this way, a corresponding adjustment is
        dilakukan terhadap jumlah tercatat aset                    made to the carrying amount of the right-
        hak guna, atau dicatat dalam laba rugi jika                of-use assets, or is recorded in profit or
        jumlah tercatat aset hak guna telah                        loss if the carrying amount of the right-of-
        berkurang menjadi nol.                                     use asset has been reduced to zero.

        Selanjutnya, pembayaran atas kontrak                       Furthermore, payments associated with
        yang termasuk ke dalam pengecualian,                       contracts included in the exception, which
        yakni pembayaran atas sewa jangka                          are payments associated with all Short-
        pendek dan sewa aset bernilai rendah                       term leases and certain leases of all low-
        diakui pada metode garis lurus dan                         value assets are recognized on a straight-
        dibebankan pada laba rugi. Pembayaran                      line basis as an expense in profit or loss.
        sewa     terkait  dengan      sewa    yang                 The lease payments associated with those
        dikecualikan tersebut diakui sebagai beban                 leases will be recognized as an expense
        dengan menggunakan metode garis lurus                      on a straight-line basis over the lease term.
        selama masa sewa.

        Grup sebagai Pemberi Sewa (Lessor)                         Group as Lessor
        Sewa dimana grup tidak mengalihkan                         Leases where the group does not transfer
        secara subtansial seluruh resiko dan                       substantially all the risks and rewards
        manfaat yang terkait dengan kepemilikan                    incidental to ownership are classified as
        aset diklasifikasikan sebagai sewa operasi                 operating leases. Initial direct costs
        biaya langsung awal sehubungan proses                      incurred in negotiating an operating lease
        negosiasi sewa operasi ditambahkan ke                      are added to the carrying amount of the
        jumlah tercatat dari aset sewaan dan                       leased asset and recognized as expense
        diakui sebagai beban selama masa sewa                      over the lease term on the same basis as
        dengan dasar yang sama dengan                              rental income. Operating lease income is
        pendapatan sewa. Pendapatan sewa                           recognized as income on a straight-line
        operasi diakui sebagai pendapatan atas                     basis over the lease term.
        dasar garis lurus selama masa sewa.

    v. Liabilitas Imbalan Kerja                                 v. Employee Benefit
       Imbalan kerja jangka pendek                                 Short-term employee benefits
       Imbalan kerja jangka pendek diakui ketika                   Short-term    employee      benefits   are
       pekerja telah memberikan jasanya dalam                      recognized when an employee has
       suatu periode akuntansi, sebesar jumlah                     rendered service during accounting period,
       tidak terdiskonto dari imbalan kerja jangka                 at the undiscounted amount of Short-term
       pendek yang diharapkan akan dibayar                         employee benefits expected to be paid in
       sebagai imbalan atas jasa tersebut.                         exchange for that service. Short term
       Imbalan kerja jangka pendek mencakup                        employee benefits include such as wages,
       antara lain upah, gaji, bonus dan insentif.                 salaries, bonus and incentive.



                                                      41
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi    Material         2.   Material Accounting Policies Information
   (Lanjutan)                                                   (Continued)

        Imbalan Pascakerja                                         Post-employment Benefits
        Imbalan pascakerja seperti pensiun,                        Post-employment    benefits    such    as
        uang pisah dan uang penghargaan masa                       retirement,  severance     and    service
        kerja dihitung berdasarkan Peraturan                       payments are calculated based on
        Pemerintah    (PP)    No.    64/2007,                      Government Regulation (PP) No. 64/2007,
        Peraturan Menteri Keuangan (PMK)                           Minister of Finance Regulation (PMK)
        No. 105/PMK.02/2010, Undang-Undang                         No. 105/PMK.02/2010, Job Creation Law
        Cipta Kerja No. 6/2023, dan PP No.                         No.11/2020, and PP No. 35/2021.
        35/2021.
        Grup mengakui jumlah liabilitas imbalan                    The Group recognizes the amount of the
        pasti neto sebesar nilai kini kewajiban                    net defined benefit liability at the present
        imbalan pasti pada akhir periode                           value of the defined benefit obligation at
        pelaporan dikurangi nilai wajar aset                       the end of the reporting period less the fair
        program yang dihitung oleh aktuaris                        value of plan assets which calculated by
        independen dengan menggunakan metode                       independent actuaries using the Projected
        Projected Unit Credit. Nilai kini kewajiban                Unit Credit method. Present value of
        imbalan    pasti    ditentukan      dengan                 benefit obligation is determined by
        mendiskontokan imbalan tersebut.                           discounting the benefit.
        Grup mencatat tidak hanya kewajiban                        The Group accounts not only for its legal
        hukum berdasarkan persyaratan formal                       obligation under the formal terms of a
        program imbalan pasti, tetapi juga                         defined benefit plan, but also for any
        kewajiban konstruktif yang timbul dari                     constructive obligation that arises from the
        praktik informal entitas.                                  entity’s informal practices.
        Biaya jasa kini, biaya jasa lalu dan                       Current service cost, past service cost and
        keuntungan        atau    kerugian     atas                gain or loss on settlement, and net interets
        penyelesaian, serta bunga neto atas                        on the net defined benefit liability (asset)
        liabilitas (aset) imbalan pasti neto diakui                are recognized in profit or loss.
        dalam laba rugi.
        Pengukuran kembali atas liabilitas (aset)                  The remeasurement of the net defined
        imbalan pasti neto yang terdiri dari                       benefit liability (assets) comprises actuarial
        keuntungan dan kerugian aktuarial, imbal                   gains and losses, the return on plan
        hasil atas aset program dan setiap                         assets, and any change in effect of the
        perubahan dampak batas atas aset diakui                    asset ceiling are recognized in other
        sebagai penghasilan komprehensif lain.                     comprehensive income.
        Pesangon                                                   Termination Benefits
        Grup mengakui pesangon sebagai liabilitas                  The Group recognizes a liability and
        dan beban pada tanggal yang lebih awal di                  expense for termination benefits at the
        antara:                                                    earlier of the following dates:
        (a) Ketika Grup tidak dapat lagi menarik                   (a) When the Group can no longer
            tawaran atas imbalan tersebut; dan                          withdraw the offer of those benefits;
                                                                        and
        (b) Ketika Grup mengakui biaya untuk                       (b) When the Group recognizes costs for
            restrukturisasi yang berada dalam                           a restructuring that is within the scope
            ruang     lingkup  PSAK   57    dan                         of PSAK 57 and involves payment of
            melibatkan pembayaran pesangon.                             termination benefits.
        Grup mengukur pesangon pada saat                           The Group measures termination benefits
        pengakuan awal, dan mengukur dan                           on initial recognition, and measures and
        mengakui perubahan selanjutnya, sesuai                     recognizes subsequent changes, in
        dengan sifat imbalan kerja.                                accordance with the nature of the
                                                                   employee benefits.

                                                      42
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PT KERETA API INDONESIA (PERSERO)                                       PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                             AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                  FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                              December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                   (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan         Akuntansi      Material          2. Material Accounting Policies Information
   (Lanjutan)                                                      (Continued)
        Imbalan Kerja Jangka Panjang Lainnya                            Other Long-term Employee Benefits
        Imbalan jangka panjang lainnya seperti                          Other Long-term employee benefits such
        cuti berimbalan jangka panjang, imbalan                         as long service leave, permanent disability
        cacat permanen dan penghargaan jubilee                          benefit and jubilee awards are calculated
        dihitung dengan menggunakan metode                              using the projected unit credit method and
        projected unit credit dan didiskontokan ke                      discounted to present value. Actuarial
        nilai kini. Keuntungan dan kerugian                             gains and losses arising from experience
        aktuarial yang timbul dari penyesuaian                          adjustments and change in actuarial
        dan perubahan dalam asumsi-asumsi                               assumption are charged and credited to
        aktuarial diakui dalam laba rugi.                               profit or loss.
    w. Pengakuan Pendapatan dan Beban                                w. Revenue and Expenses Recognition
       Dalam         menentukan            pengakuan                    In determining revenue recognition, the
       pendapatan, Grup melakukan analisa                               Group perform analysis transaction
       transaksi melalui lima langkah analisa                           through the following five steps of
       berikut:                                                         assessment:
       1. Kontrak telah disetujui oleh pihak-pihak                      1. The contract has been agreed by the
           terkait dalam kontrak                                           parties involved in the contract
            - Grup bisa mengidentifikasi hak dari                -         - The Group can identify the rights of
               pihak-pihak terkait dan jangka                                 relevant parties and the term of
               waktu pembayaran dari barang atau                              payment for the goods or services to
               jasa yang akan dialihkan;                                      be transferred;
            - Kontrak        memiliki       substansi            -         - The      contract    has    commercial
               komersial;                                                     substance;
            - Besar kemungkinan entitas akan                     -         - It is probable that the Group will
               menerima imbalan atas barang atau                              receive benefits for the goods or
               jasa yang dialihkan.                                           services transferred.
       2. Mengidentifikasi                  kewajiban            -      2. Identify the performance obligations in
           pelaksanaan dalam kontrak, untuk                                the contract, to transfer distinctive
           menyerahkan barang atau jasa yang                               goods or services to the customer.
           memiliki karakteristik yang berbeda ke
           pelanggan.
       3. Menentukan harga transaksi, setelah                           3. Determine the transaction price, net of
           dikurangi     diskon,     retur,     insentif                   discounts, returns, sales incentives,
           penjualan, pajak penjualan barang                               luxury sales tax, value added tax and
           mewah, pajak pertambahan nilai dan                              export duty, which an entity expects to
           pungutan       ekspor,     yang       berhak                    be entitled in exchange for transferring
           diperoleh     suatu     entitas     sebagai                     promised goods or services to a
           kompensasi        atas      diserahkannya                       customer.
           barang atau jasa yang dijanjikan ke
           pelanggan.
       4. Mengalokasikan          harga      transaksi                  4. Allocate the transaction price to each
           kepada setiap kewajiban pelaksanaan                             performance obligation on the basis of
           dengan menggunakan dasar harga jual                             the selling prices of each goods or
           dari setiap barang atau jasa yang                               services promised in the contract.
           dijanjikan di kontrak.
       5. Mengakui pendapatan ketika kewajiban                          5. Recognize revenue when performance
           pelaksanaan telah dipenuhi (sepanjang                           obligation is satisfied (over time or at a
           waktu atau pada suatu waktu tertentu).                          point in time).
        Kewajiban pelaksanaan dapat dipenuhi                            A performance obligation may be satisfied
        dengan cara sebagai berikut:                                    at the following:
        -  Suatu waktu tertentu (umumnya janji                          -    A point in time (typically for promises
           untuk    menyerahkan      barang ke                               to transfer goods to a customer); or
           pelanggan); atau

                                                           43
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PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan      Akuntansi    Material         2. Material Accounting Policies Information
   (Lanjutan)                                                (Continued)

        -   Sepanjang waktu (umumnya janji                       -   Over time (typically for promises to
            untuk     menyerahkan       jasa    ke                   transfer services to a customer). For a
            pelanggan).      Untuk       kewajiban                   performance obligation satisfied over
            pelaksanaan yang dipenuhi dalam                          time, the Group selects an appropriate
            sepanjang waktu, Grup memilih ukuran                     measure of progress to determine the
            penyelesaian yang sesuai untuk                           amount of revenue that can be
            penentuan jumlah pendapatan yang                         recognized as the performance
            dapat diakui karena telah terpenuhinya                   obligation is satisfied.
            kewajiban pelaksanaan.

        Suatu kewajiban pelaksanaan dipenuhi                     A performance obligation is satisfied at a
        pada suatu waktu tertentu kecuali jika                   point in time unless it meets one of the
        memenuhi salah satu kriteria berikut,                    following criteria, in which case it is
        dalam hal ini dipenuhi sepanjang waktu:                  satisfied over time:
        -   Pelanggan       secara      bersamaan          -     -    The customer simultaneously receives
            menerima dan menggunakan manfaat                          and consumes the benefits provided
            yang diberikan oleh pelaksanaan Grup                      by the Group’s performance as the
            sebagaimana yang dilakukan Grup;                          Group performs;
        -   Pelaksanaan Grup menciptakan atau              -     -    The Group’s performance creates or
            meningkatkan aset yang dikendalikan                       enhances an asset that the customer
            pelanggan saat aset itu dibuat atau                       controls as the asset is created or
            ditingkatkan; dan                                         enhanced; and
        -   Pelaksanaan Grup tidak menciptakan                   -    The Group’s performance does not
            aset dengan penggunaan alternatif                         create an asset with an alternative use
            untuk Grup dan Grup memiliki hak                          to the Group and the Group has an
            yang     dapat     diberlakukan   atas                    enforceable right to payment for
            pembayaran untuk kinerja yang                             performance completed to date.
            diselesaikan hingga saat ini.

        Pengakuan Beban                                          Expense Recognition
        Beban diakui pada saat terjadinya (metode                Expenses are recognized as incurred
        akrual), kecuali merupakan aset yang                     (accrual basis), unless they create an
        terkait dengan aktivitas kontrak masa                    asset related to future contract activity.
        depan.

        Biaya yang secara langsung berhubungan                   The costs that directly relate to the contract
        dengan kontrak, menghasilkan sumber                      generate resources to satisfy the contract
        daya untuk memenuhi kontrak ("biaya                      (“cost to fulfill“) or is incremental on
        untuk memenuhi") atau penambahan untuk                   obtaining a contract (“cost to obtain”) and
        mendapatkan kontrak ("biaya untuk                        are expected to be recovered.
        memperoleh") dan diharapkan dapat
        dipulihkan.

        Beban     tersebut    dengan      demikian               These costs are therefore eligible for
        memenuhi syarat kapitalisasi berdasarkan                 capitalization under PSAK 72: Revenue
        PSAK 72: Pendapatan dari Kontrak                         from Contracts with Customers and
        dengan Pelanggan dan dicatat sebagai                     recognized as other current assets. Such
        aset lancar lainnya. Beban tersebut                      cost will be amortized on a systematic
        diamortisasi dengan cara sistematis                      basis that is consistent with the transfer of
        sejalan dengan penyerahan barang atau                    the goods or services to which such asset
        jasa yang terkait dengan aset tersebut.                  relates.




                                                     44
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PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan      Akuntansi    Material         2. Material Accounting Policies Information
   (Lanjutan)                                                (Continued)

    x. Pengakuan Pendapatan Kompensasi                          x. The Recognition of Compensation
       dan     Beban      Sewa      Penggunaan                     Income     and    Rent     Expenses     of
       Prasarana Pemerintah                                        Government’s Infrastructure
       1) Pendapatan       kompensasi     Public                   1) Compensation income of Public
           Service    Obligation   (PSO)   yang                        Service Obligation (PSO) received
           diperoleh dari Pemerintah disajikan                         from the Government presented in the
           dalam laporan laba rugi sebagai                             income    statement     as     revenue
           pendapatan         jasa     angkutan                        passanger transportation service.
           penumpang.
       2) Pendapatan dari kompensasi PSO                           2) The PSO compensation income
           diakui secara akrual.                                      obtained from the Government is
                                                                      recognized in accrual method.
        3) Segala ketentuan mengenai PSO                           3) All of the PSO arranged in the
           diatur dalam Peraturan Menteri                             Regulation of the Minister of Finance
           Keuangan        Republik     Indonesia                     of the Republic of Indonesia Number
           Nomor      84/PMK.02/2016       tentang                    84/PMK.02/2016 about Procedures for
           Tata Cara Penyediaan, Pencairan,                           Procurement,     Disbursement,    and
           dan      Pertanggungjawaban       Dana                     Accountability of the Public Service
           Penyelenggaraan              Kewajiban                     Obligation Fund or the Railway
           Pelayanan Publik Bidang Angkutan                           Transport Sector Economy Class.
           Kereta Api Kelas Ekonomi.
        4) Beban pemeliharaan prasarana yang                       4) The      infrastructure      maintenance
           dibiayai oleh Pemerintah (IMO) yang                        expenses are funded by Government
           pengerjaannya       dilakukan      oleh                    (IMO), which is performed by the
           Perusahaan diperlakukan sebagai                            Company and treated as Revenue and
           Pendapatan Usaha dan diakui saat                           recognize       when       incurred     in
           terjadinya sesuai dengan estimasi nilai                    accordance       with     the     contract
           kontrak antara      Pemerintah dan                         estimation between the Government
           Perusahaan sebagai penyelenggara.                          and the Company as organizer.
        5) Beban penggunaan prasarana milik                6)      5) The rental expenses of railroad
           Pemerintah (TAC) yang terutang                             infrastructure (TAC) which is owed to
           kepada        Pemerintah       menjadi                     the Government is recorded as the
           penambah beban operasi tidak                               additional    of    indirect    operation
           langsung dan diakui saat terjadinya.                       expense and recognized at the time
                                                                      incurred.
        6) Pendapatan kompensasi angkutan                          6) Pioneer transportation compensation
           perintis yang diperoleh dari pemerintah                    income received from the Government
           disajikan sebagai pendapatan jasa                          presented as revenue freight service
           angkutan dan diakui secara akrual.                         and recognized on accrual basis.

    y. Instrumen Keuangan                                 z. y. Financial Instrument
       Pengakuan dan Pengukuran Awal                            Initial Recognition and Measurement
       Grup mengakui aset keuangan atau                         The Group recognizes a financial asset or
       liabilitas keuangan dalam laporan posisi                 a financial liability in the statement of
       keuangan, jika dan hanya jika, Grup                      financial position when, and only when, it
       menjadi salah satu pihak dalam ketentuan                 becomes a party to the contractual
       pada kontrak instrumen tersebut. Pada                    provisions of the instrument. At initial
       saat pengakuan awal aset keuangan atau                   recognition, the Group measures all
       liabilitas keuangan, Grup mengukur pada                  financial assets and financial liabilites at its
       nilai wajarnya. Dalam hal aset keuangan                  fair value. In the case of a financial asset
       atau liabilitas keuangan tidak diukur pada               or financial liability not at fair value through
       nilai wajar melalui laba rugi, nilai wajar               profit or loss, fair value plus or minus with



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PT KERETA API INDONESIA (PERSERO)                                PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                      AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                       December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan      Akuntansi   Material         2. Material Accounting Policies Information
   (Lanjutan)                                               (Continued)

        tersebut ditambah atau dikurang dengan                  the transaction costs that are directly
        biaya transaksi yang dapat diatribusikan                attributtable to the acquisition or issue of
        secara langsung dengan perolehan atau                   the financial asset or financial liability.
        penerbitan aset keuangan atau liabilitas                Transaction costs incurred on acquisition of
        keuangan tersebut. Biaya transaksi                      a financial asset and issue of a financial
        yang dikeluarkan sehubungan dengan                      liability classified at fair value through profit
        perolehan aset keuangan dan penerbitan                  or loss are expensed immediately.
        liabilitas keuangan yang diklasifikasikan
        pada nilai wajar melalui laba rugi
        dibebankan segera.

        Pengukuran          Selanjutnya     Aset                Subsequent Measurement of Financial
        Keuangan                                                Assets
        Aset keuangan Grup diklasifikasikan                     The Group financial assets are classified
        sebagai berikut: aset keuangan yang                     into the following specified categories:
        diukur pada biaya perolehan yang                        financial assets at amortized costs,
        diamortisasi, aset keuangan yang diukur                 financial assets at fair value through other
        pada nilai wajar melalui penghasilan                    comprehensive income, and financial
        komprehensif lain, aset keuangan yang                   assets at fair value through profit or loss.
        diukur pada nilai wajar melalui laba rugi               on the basis of both: the Group's business
        dengan menggunakan dua dasar yaitu:                     model for managing the financial assets
        model bisnis Grup dalam mengelola aset                  and     the     contractual      cash   flow
        keuangan dan karakteristik arus kas                     characteristics of the financial asset.
        kontraktual dari aset keuangan.

        (i) Aset Keuangan yang Diukur pada                      (i) Financial     Assets     Measured     at
            Biaya Perolehan Diamortisasi                            Amortized Costs
            Aset keuangan diukur pada biaya                         Financial assets are measured at
            perolehan diamortisasi ketika kedua                     amortized costs if these conditions are
            kondisi berikut terpenuhi:                              met:
            (1) Aset keuangan dikelola dalam                        (1) The financial asset is held within a
                model bisnis yang bertujuan untuk                       business model whose objective is
                memiliki aset keuangan dalam                            to hold financial assets in order to
                rangka mendapatkan arus kas                             collect contractual cash flows; and
                kontraktual saja; dan
            (2) Persyaratan kontraktual dari aset                    (2) The contractual terms of the
                keuangan tersebut memberikan                             financial asset give rise on
                hak pada tanggal tertentu atas                           specified dates to cash flows that
                arus kas yang semata dari                                are solely payments of principal
                pembayaran pokok dan bunga dari                          and interest on the principal
                jumlah pokok terutang.                                   amount outstanding.

           Aset keuangan ini diukur pada jumlah                      The financial asset is measured at the
           yang diakui pada awal pengakuan                           amount recognized at initial recognition
           dikurangi dengan pembayaran pokok,                        minus principal repayments, plus or
           kemudian dikurangi atau ditambah                          minus the cumulative amortization of
           dengan jumlah amortisasi kumulatif                        any difference between that initial
           atas perbedaan jumlah pengakuan                           amount and the maturity amount, and
           awal dengan jumlah pada saat jatuh                        any loss allowance.
           tempo, dan penurunan nilainya.




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PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan        Akuntansi     Material         2. Material Accounting Policies Information
   (Lanjutan)                                                   (Continued)

           Pendapatan bunga dihitung dengan                                  Interest income is calculated using the
           menggunakan metode suku bunga                                     effective interest method and is
           efektif dan diakui di laba rugi.                                  recognized in profit or loss. Changes in
           Perubahan pada nilai wajar diakui di                              fair value are recognized in profit and
           laba rugi ketika aset dihentikan atau                             loss when the asset is derecognized or
           direklasifikasi.                                                  reclassified.

           Aset keuangan yang diklasifikasikan                               Financial assets classified to amortized
           menjadi aset keuangan yang diukur                                 cost may be sold where there is an
           pada biaya perolehan diamortisasi                                 increase in credit risk. Disposals for
           dapat      dijual    ketika    terdapat                           other reasons are permitted but such
           peningkatan risiko kredit. Penghentian                            sales should be immaterial in value or
           untuk alasan lain diperbolehkan namun                             infrequent in nature.
           jumlah penjualan tersebut harus tidak
           material jumlahnya atau tidak sering.

        (ii) Aset Keuangan yang Diukur pada                      (iii)(ii)Financial Assets Measured at Fair
             Nilai Wajar Melalui Penghasilan                              Value Through Other Comprehensive
             Komprehensif Lain (”FVTOCI”)                                 Income (“FVTOCI”)
             Aset keuangan diukur pada nilai                              A financial asset shall be measured at
              wajar         melalui      penghasilan                      fair value through other comprehensive
              komprehensif lain jika kedua kondisi                        income if both of the following
              berikut terpenuhi:                                          conditions are met:
             (1) Aset keuangan dikelola dalam                             (1) The financial asset is held within a
                  model bisnis yang tujuannya akan                             business model whose objective is
                  terpenuhi dengan mendapatkan                                 achieved     by    both  collecting
                  arus kas kontraktual dan menjual                             contractual cash flows and selling
                  aset keuangan; dan                                           financial assets; and
             (2) Persyaratan kontraktual dari aset                    (3) (2) The contractual terms of the
                  keuangan tersebut memberikan                                 financial asset give rise on
                  hak pada tanggal tertentu atas arus                          specified dates to cash flows that
                  kas yang semata dari pembayaran                              are solely payments of principal
                  pokok dan bunga dari jumlah pokok                            and interest on the principal
                  terutang.                                                    amount outstanding.

           Aset keuangan tersebut diukur sebesar                             The financial assets are measured at
           nilai wajar, dimana keuntungan atau                               fair value. The changes in fair value
           kerugian diakui dalam penghasilan                                 are recognized initially in other
           komprehensif lain, kecuali untuk                                  comprehensive income (OCI), except
           kerugian akibat penurunan nilai dan                               for impairment gains and losses, and a
           keuntungan atau kerugian akibat                                   portion of foreign exchange gains and
           perubahan kurs, diakui pada laba rugi.                            losses, are recognized in profit or loss.
           Ketika      aset    keuangan      tersebut                        When the asset is derecognized or
           dihentikan       pengakuannya         atau                        reclassified, changes in fair value
           direklasifikasi,     keuntungan       atau                        previously     recognized    in    other
           kerugian kumulatif yang sebelumnya                                comprehensive          income        and
           diakui dalam penghasilan komprehensif                             accumulated in equity are reclassified
           lain direklasifikasi dari ekuitas ke laba                         from equity to profit and loss as a
           rugi sebagai penyesuaian reklasifikasi.                           reclassification adjustment.




                                                        47
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PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan        Akuntansi     Material         2. Material Accounting Policies Information
   (Lanjutan)                                                   (Continued)

        (iii) Aset Keuangan yang Diukur pada Nilai                  (iii) Financial Assets Measured at Fair
              Wajar Melalui Laba Rugi (“FVTPL”)                           Value Through Profit or Loss
                                                                          (“FVTPL”)
           Aset keuangan yang diukur pada                                 Financial assets measured at FVTPL
           FVTPL adalah aset keuangan yang                                are those which do not meet both
           tidak memenuhi kriteria untuk diukur                           criteria for neither amortized costs nor
           pada biaya perolehan diamortisasi atau                         FVTOCI.
           untuk diukur FVTOCI.

           Setelah    pengakuan      awal,    aset                      After    initial recognition, FVTPL
           keuangan yang diukur pada FVTPL                              financial assets are measured at fair
           diukur pada nilai wajarnya. Keuntungan                       value. The changes in fair value are
           atau kerugian yang timbul dari                               recognized in profit or loss.
           perubahan nilai wajar aset keuangan
           diakui dalam laba rugi.

           Aset keuangan berupa derivatif dan                           Financial assets in form of derivatives
           investasi pada instrumen ekuitas tidak                       and investment in equity instrument
           memenuhi kriteria untuk diukur pada                          are not eligible to meet both criteria for
           biaya perolehan diamortisasi atau                            amortized costs or fair value through
           kriteria untuk diukur pada FVTOCI,                           other comprehensive income FVTOCI.
           sehingga diukur pada FVTPL. Namun                            Hence, these are measured at fair
           demikian, Grup dapat menetapkan                              value through profit or loss FVTPL.
           pilihan yang tidak dapat dibatalkan saat                     Nonetheless,       the   Group       may
           pengakuan awal atas investasi pada                           irrevocably designate an investment in
           instrumen ekuitas yang bukan untuk                           an equity instrument which is not held
           diperjualbelikan dalam waktu dekat                           for trading in any time soon as
           untuk diukur pada FVTOCI. Penetapan                          FVTOCI. This designation result in
           ini menyebabkan semua keuntungan                             gains and losses to be presented in
           atau kerugian disajikan di penghasilan                       other comprehensive income, except
           komprehensif lain, kecuali pendapatan                        for dividend income on a qualifying
           dividen tetap diakui di laba rugi.                           investment which is recognized in profit
           Keuntungan atau kerugian kumulatif                           or loss. Cumulative gains or losses
           yang     sebelumnya     diakui    dalam                      previously     recognized    in     other
           penghasilan        komprehensif      lain                    comprehensive income are reclassified
           direklasifikasi ke saldo laba tidak                          to retained earnings, not to profit or
           melalui laba rugi.                                           loss.

      Pengukuran           Selanjutnya     Liabilitas             Subsequent Measurement of Financial
      Keuangan                                                    Liabilities
      Grup mengklasifikasikan seluruh liabilitas                  The Group shall classify all financial liabilities
      keuangan sehingga setelah pengakuan awal                    as subsequently measured at amortised
      liabilitas keuangan diukur pada biaya                       cost, except for:
      perolehan diamortisasi, kecuali:
      (a) Liabilitas keuangan pada nilai wajar                    (a) Financial liabilities at fair value through
           melalui laba rugi. Liabilitas dimaksud,                    profit or loss. Such liabilities, including
           termasuk derivatif yang merupakan                          derivatives that are liabilities, shall be
           liabilitas, selanjutnya akan diukur pada                   subsequently measured at fair value.
           nilai wajar.
      (b) Liabilitas keuangan yang timbul ketika                  (b) Financial liabilities that arise when a
           pengalihan aset keuangan yang tidak                        transfer of a financial asset does not
           memenuhi         kualifikasi  penghentian                  qualify for derecognition or when the
           pengakuan atau ketika pendekatan                           continuing     involvement      approach
           keterlibatan berkelanjutan diterapkan.                     applies.

                                                        48
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PT KERETA API INDONESIA (PERSERO)                                     PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                           AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                            December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan        Akuntansi     Material          2. Material Accounting Policies Information
   (Lanjutan)                                                    (Continued)

      (c) Kontrak     jaminan      keuangan      dan               (c) Financial guarantee contracts and
          komitmen untuk menyediakan pinjaman                           commitments to provide a loan at a
          dengan suku bunga dibawah pasar.                              below‑market interest rate. After initial
          Setelah pengakuan awal, penerbit                              recognition, an issuer of such a contract
          kontrak     dan    penerbit     komitmen                      and an issuer of such a commitment
          selanjutnya mengukur kontrak tersebut                         shall subsequently measure it at the
          sebesar jumlah yang lebih tinggi antara:                      higher of:
          (i) Jumlah penyisihan kerugian dan                            (i) the amount of the loss allowance
          (ii) Jumlah yang pertama kali diakui                          (ii) the amount initially recognised less,
               dikurangi dengan, jika sesuai, jumlah                         when appropriate, the cumulative
               kumulatif dari penghasilan yang                               amount of income recognised in
               diakui   sesuai     dengan     prinsip                        accordance with the principles of
               PSAK 72.                                                      PSAK 72.
      (d) Imbalan kontinjensi yang diakui oleh                      (d) Contingent consideration recognised
          pihak pengakusisi dalam kombinasi                             by an acquirer in a business
          bisnis ketika PSAK 22 diterapkan.                             combination to which PSAK 22 applies.
          Imbalan kontinjensi selanjutnya diukur                        Such contingent consideration shall
          pada nilai wajar dan selisihnya dalam                         subsequently be measured at fair value
          laba rugi.                                                    with changes recognised in profit or
                                                                        loss.

        Saat pengakuan awal Grup dapat                               Group may, at          initial recognition,
        membuat penetapan yang takterbatalkan                        irrevocably designate a financial liability as
        untuk mengukur liabilitas keuangan pada                      measured at fair value through profit or
        nilai wajar melalui laba rugi, jika diizinkan                loss when permitted by the standard or
        oleh standar atau jika penetapan akan                        when doing so results in more relevant
        menghasilkan       informasi     yang    lebih               information, because either:
        relevan, karena:
        (a) Mengeliminasi        atau     mengurangi                 (a) It eliminates or significantly reduces
              secara     signifikan      inkonsistensi                   a measurement or recognition
              pengukuran atau pengakuan (kadang                          inconsistency (sometimes referred to
              disebut       sebagai        “accounting                   as “an accounting mismatch”) that
              mismatch”) yang dapat timbul dari                          would otherwise arise from measuring
              pengukuran aset atau liabilitas atau                       assets or liabilities or recognising the
              pengakuan keuntungan dan kerugian                          gains and losses on them on different
              atas aset atau liabilitas dengan dasar                     bases; or
              yang berbeda beda; atau
        (b) Sekelompok liabilitas keuangan atau                      (b) A group of financial liabilities or
              aset keuangan            dan liabilitas                    financial assets and financial liabilities
              keuangan dikelola dan kinerjanya                           is managed and its performance is
              dievaluasi berdasarkan nilai wajar,                        evaluated on a fair value basis, in
              sesuai manajemen risiko atau strategi                      accordance with a documented risk
              investasi yang terdokumentasi, dan                         management or investment strategy,
              informasi dengan dasar nilai wajar                         and information about the group is
              dimaksud atas kelompok tersebut                            provided internally on that basis to the
              disediakan secara internal untuk                           Group’s key management personnel.
              personil manajemen kunci Grup.




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PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan      Akuntansi    Material         2. Material Accounting Policies Information
   (Lanjutan)                                                (Continued)

     Penghentian      Pengakuan      Aset     dan              Derecognition of Financial Assets and
     Liabilitas Keuangan                                       Liabilities
     Grup     menghentikan     pengakuan      aset             The Group derecognizes a financial asset
     keuangan, jika dan hanya jika hak kontraktual             when, and only when the contractual rights to
     atas arus kas yang berasal dari aset                      the cash flows from the financial asset expire
     keuangan berakhir atau Grup mengalihkan                   or the Group transfers the contractual rights
     hak kontraktual untuk menerima kas yang                   to receive the cash flows of the financial
     berasal dari aset keuangan atau tetap                     asset or retains the contractual rights to
     memiliki hak kontraktual untuk menerima kas               receive the cash flows but assumes a
     tetapi    juga    menanggung       kewajiban              contractual obligation to pay the cash flows
     kontraktual untuk membayar arus kas yang                  to one or more recipients in an arrangement.
     diterima tersebut kepada satu atau lebih
     pihak penerima melalui suatu kesepakatan.

     Jika Grup secara substansial mengalihkan                  If the Group transfers substantially
     seluruh risiko dan manfaat atas kepemilikan               all the risks and rewards of ownership
     aset keuangan, maka Grup menghentikan                     of the financial asset, the Group
     pengakuan aset keuangan dan mengakui                      derecognizes the financial asset and
     secara terpisah sebagai aset atau liabilitas              recognizes separately as asset or liabilities
     untuk setiap hak dan kewajiban yang timbul                any        rights       and        obligations
     atau yang masih dimiliki dalam pengalihan                 created or retained in the transfer. If the
     tersebut. Jika Grup secara substansial tidak              Group neither transfers not retains
     mengalihkan dan tidak memiliki seluruh risiko             substantially all the risks and rewards of
     dan manfaat atas kepemilikan aset keuangan                ownership of the financial asset and has
     tersebut dan masih memiliki pengendalian,                 retained control, the Group continues to
     maka Grup mengakui aset keuangan sebesar                  recognize the financial asset to the extent of
     keterlibatan berkelanjutan dengan aset                    its continuing involvement in the financial
     keuangan tersebut. Jika Grup secara                       asset. If the Group retains substantially all
     substansial masih memiliki seluruh risiko dan             the risks and rewards of ownership of the
     manfaat atas kepemilikan aset keuangan,                   financial asset, the Group continues to
     maka Grup tetap mengakui aset keuangan                    recognize the financial asset.
     tersebut.

     Grup menghentikan pengakuan liabilitas                    The Group removes a financial liability from
     keuangan, jika dan hanya jika, liabilitas                 its statement of financial position when, and
     keuangan tersebut berakhir, yaitu ketika                  only when, it is extinguished, ie when the
     kewajiban yang ditetapkan dalam kontrak                   obligation specified in the contract is
     dilepaskan atau dibatalkan atau kadaluwarsa.              discharged or cancelled or expires.

      Penurunan Nilai Aset Keuangan                            Impairment of Financial Assets
      Grup mengakui kerugian kredit ekspektasian               The Group recognizes expected credit loss
      untuk aset keuangan yang diukur pada biaya               for its financial assets measured at amortized
      perolehan diamortisasi, aset keuangan yang               costs and financial assets measured at
      diukur pada FVTOCI.                                      FVTOCI.




                                                     50
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi    Material         2. Material Accounting Policies Information
   (Lanjutan)                                                 (Continued)

      Pada setiap tanggal pelaporan, Grup                       At the end of each reporting date, the Group
      mengukur penyisihan kerugian instrumen                    calculates any impairment provision in
      keuangan      sejumlah     kerugian    kredit             financial instruments based on its lifetime
      ekspektasian sepanjang umurnya jika risiko                expected credit loss if the credit risk of the
      kredit atas instrumen keuangan tersebut                   financial     instruments      has     increased
      telah meningkat secara signifikan sejak                   significantly since its initial recognition.
      pengakuan awal. Namun, jika risiko kredit                 However, if credit risk has not increased
      instrumen     keuangan      tersebut    tidak             significantly since initial recognition, then 12
      meningkat      secara     signifikan   sejak              months          expected        credit       loss
      pengakuan awal, maka mengakui sejumlah                    is recognized.
      kerugian kredit ekspektasian 12 bulan.

      Grup     menerapkan    metode       yang                  The Group applied a simplified approach to
      disederhanakan untuk mengukur kerugian                    measure such expected credit loss for trade
      kredit ekspektasian tersebut terhadap                     receivables and contract assets without
      piutang usaha dan aset kontrak tanpa                      significant financing component.
      komponen pendanaan yang signifikan.

      Grup menganggap aset keuangan gagal                       The Group considers a financial asset to be
      bayar ketika pihak ketiga tidak mampu                     in default when the counterparty is unlikely to
      membayar kewajiban kreditnya kepada Grup                  pay its credit obligations to the Group in full.
      secara penuh. Periode maksimum yang                       The maximum period considered when
      dipertimbangkan      ketika  memperkirakan                estimating expected credit loss is the
      kerugian kredit ekspektasian adalah periode               maximum contractual period over which
      maksimum kontrak dimana Grup terekspos                    the Group is exposed to credit risk.
      terhadap risiko kredit.

      Penyisihan    kerugian    diakui  sebagai                 Impairment losses are recognized as a
      pengurang jumlah tercatat aset keuangan                   deduction in financial assets’ carrying
      kecuali untuk aset keuangan yang diukur                   amount, except for financial assets
      pada FVTOCI yang penyisihan kerugiannya                   measured at FVTOCI where its impairment is
      diakui dalam penghasilan komprehensif lain,               recognized in other comprehensive income,
      sedangkan      jumlah    kerugian    kredit               the expected credit loss (or recovery of credit
      ekspektasian (atau pemulihan kerugian                     loss) is recognized in profit or loss,
      kredit) diakui dalam laba rugi, sebagai                   as gains or losses of financial asset
      keuntungan atau kerugian penurunan nilai.                 impairment.

      Pengukuran kerugian kredit ekspektasian                   The expected credit loss of financial
      dari instrumen keuangan dilakukan dengan                  intruments are conducted by a means which
      suatu cara yang mencerminkan:                             reflect:
      i. Jumlah yang tidak bias dan rata-rata                   i. An unbiased and probability-weighted
           probabilitas tertimbang yang ditentukan                   amount that reflects a range of possible
           dengan      mengevaluasi   serangkaian                    outcomes;
           kemungkinan yang dapat terjadi;
      ii. Nilai waktu uang; dan                                 ii. Time value of money; and
      iii. Informasi yang wajar dan terdukung                   iii. Reasonable and supportable information
           yang tersedia tanpa biaya atau upaya                      that is available without undue cost or
           berlebihan pada tanggal pelaporan                         effort about past events, current
           mengenai peristiwa masa lalu, kondisi                     conditions and forecasts of future
           kini, dan perkiraan kondisi ekonomi                       conditions.
           masa depan.




                                                      51
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PT KERETA API INDONESIA (PERSERO)                                     PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                           AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                            December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan        Akuntansi     Material          2. Material Accounting Policies Information
   (Lanjutan)                                                    (Continued)

      Aset keuangan dapat dianggap tidak                           Financial assets may be considered to not
      mengalami peningkatan risiko kredit secara                   having significant increase in credit risk since
      signifikan sejak pengakuan awal jika aset                    initial recognition if the financial assets have
      keuangan memiliki risiko kredit yang rendah                  a low credit risk at the reporting date. Credit
      pada tanggal pelaporan. Risiko kredit pada                   risk on financial instrument may be
      instrumen keuangan dianggap rendah ketika                    considered be low if there is a low risk of
      aset keuangan tersebut memiliki risiko gagal                 default, the borrower has a strong capacity to
      bayar yang rendah, peminjam memiliki                         meet its contractual cash flow obligations in
      kapasitas yang kuat untuk memenuhi                           the near term and adverse changes in
      kewajiban arus kas kontraktualnya dalam                      economic and business conditions in the
      jangka waktu dekat dan memburuknya                           longer term may, but will not necessarily,
      kondisi ekonomik dan bisnis dalam jangka                     reduce the ability of the borrower to fulfil its
      waktu panjang mungkin, namun tidak selalu,                   contractual cash flow obligations. To
      menurunkan kemampuan peminjam untuk                          determine whether a financial asset has a
      memenuhi          kewajiban      arus       kas              low credit risk, the Group may use internal
      kontraktualnya. Untuk menentukan apakah                      credit risk rating or external assessment. For
      aset keuangan memiliki risiko kredit rendah,                 example, a financial asset with “investment
      Grup dapat menggunakan peringkat risiko                      grade” according to external assessment has
      kredit internal atau penilaian eksternal. Misal,             a low credit risk rating, thus it does not
      aset keuangan dengan “peringkat grade”                       experience an increase in significant credit
      berdasarkan penilaian eksternal merupakan                    risk since initial recognition.
      instrumen yang memiliki risiko kredit yang
      rendah,      sehingga      tidak    mengalami
      peningkatan risiko kredit secara signifikan
      sejak pengakuan awal.

      Grup menggunakan metode roll rate untuk                      The Group is using the roll rate method to
      mengukur penurunan nilai piutang usaha.                      measure the provision for impairment of
                                                                   account receivable.

      Metode Suku Bunga Efektif                                    The Effective Interest Method
      Metode suku bunga efektif adalah metode                      The effective interest method is a method of
      yang digunakan untuk menghitung biaya                        calculating the amortized cost of a financial
      perolehan diamortisasi dari aset atau                        asset or a financial liability (or group of
      liabilitas keuangan (atau kelompok aset atau                 financial assets or financial liabilities) and of
      liabilitas keuangan) dan metode untuk                        allocating the interest income or interest
      mengalokasikan pendapatan bunga atau                         expense over the relevant period. The
      beban bunga selama periode yang relevan.                     effective interest rate is the rate that exactly
      Suku bunga efektif adalah suku bunga yang                    discounts estimated future cash payments or
      secara tepat mendiskontokan estimasi                         receipts through the expected life of the
      pembayaran atau penerimaan kas masa                          financial instrument or, when appropriate, a
      depan selama perkiraan umur dari instrumen                   shorter period to the net carrying amount of
      keuangan, atau jika lebih tepat, digunakan                   the financial asset or financial liability.
      periode      yang    lebih   singkat  untuk
      memperoleh jumlah tercatat neto dari aset
      keuangan atau liabilitas keuangan.




                                                         52
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi    Material         2. Material Accounting Policies Information
   (Lanjutan)                                                 (Continued)

      Pada saat menghitung suku bunga efektif,                  When calculating the effective interest rate,
      Grup mengestimasi arus kas dengan                         the Group estimates cash flows considering
      mempertimbangkan seluruh persyaratan                      all contractual terms of the financial
      kontraktual dalam instrumen keuangan                      instrument, for example, prepayment, call
      tersebut, seperti pelunasan dipercepat, opsi              and similar option, but shall not consider
      beli dan opsi serupa lain, tetapi tidak                   future credit losses. The calculation includes
      mempertimbangkan kerugian kredit masa                     all fees and points paid or received between
      depan. Perhitungan ini mencakup seluruh                   parties to the contract that are an integral
      komisi dan bentuk lain yang dibayarkan atau               part of the effective interest rate, transaction
      diterima oleh pihak-pihak dalam kontrak                   costs, and all other premiums or discounts.
      yang merupakan bagian takterpisahkan dari
      suku bunga efektif, biaya transaksi, dan
      seluruh premium atau diskonto lain.

      Reklasifikasi                                             Reclassification
      Grup mereklasifikasi aset keuangan ketika                 The Group reclassifies a financial asset if
      Grup mengubah tujuan model bisnis untuk                   and only if the Group’s business model
      pengelolaan aset keuangan sehingga                        objective for its financial assets changes so
      penilaian sebelumnya menjadi tidak dapat                  its previous model assessment would no
      diterapkan.                                               longer apply.

      Jika Grup mereklasifikasi aset keuangan,                  If the Group reclassifies a financial asset, it is
      maka      diperlukan    untuk    menerapkan               required to apply the reclassification
      reklasifikasi secara prospektif sejak tanggal             prospectively from the reclassification date.
      reklasifikasi.      Keuntungan,      kerugian             Previously     recognized      gains,    losses
      (termasuk      keuntungan    atau    kerugian             (including impairment gains or losses) or
      penurunan       nilai) atau    bunga     yang             interest are not restated.
      sebelumnya diakui tidak disajikan kembali.

      Ketika Grup mereklasifikasi aset keuangan                 When the Group reclassifies its financial
      dari biaya perolehan diamortisasi menjadi                 asset out of the amortized cost into FVTPL,
      FVTPL, maka nilai wajarnya diukur pada                    then its fair value is measured at
      tanggal reklasifikasi. Keuntungan atau                    reclassification date. Any gains or losses
      kerugian yang timbul dari perbedaan antara                resulted from the difference between
      biaya perolehan diamortisasi sebelumnya                   previous amortized cost and its fair value is
      dan nilai wajarnya diakui dalam laporan laba              recognized in profit or loss. Otherwise, if the
      rugi. Sebaliknya, jika Grup mereklasifikasi               Group reclassifies its financial asset from
      aset keuangannya dari FVTPL menjadi biaya                 FVTPL into amortized cost, then its fair value
      perolehan diamortisasi, maka nilai wajarnya               at the date of reclassification becomes new
      pada tanggal reklasifikasi menjadi nilai                  gross carrying amount.
      tercatat bruto baru.

      Ketika Grup mereklasifikasi aset keuangan                 When the Group reclassifies its financial
      dari biaya perolehan diamortisasi menjadi                 asset out of the amortized cost into FVTOCI,
      FVTOCI, nilai wajarnya diukur pada tanggal                its fair value is measured at the
      reklasifikasi. Keuntungan atau kerugian yang              reclassification date. Any gains or losses
      timbul dari selisih antara biaya perolehan                resulted from the difference between
      diamortisasi sebelumnya dan nilai wajar                   previous amortized cost and fair value is
      diakui pada penghasilan komprehensif lain.                recognized in other comprehensive income.
      Tingkat suku bunga efektif dan pengukuran                 Effective interest rate and expected credit
      kerugian kredit yang diharapkan tidak                     loss measurement are not adjusted as a
      disesuaikan sebagai hasil dari reklasifikasi.             result of the reclassification.



                                                      53
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PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan        Akuntansi     Material         2. Material Accounting Policies Information
   (Lanjutan)                                                   (Continued)

      Sebaliknya, ketika Grup mereklasifikasi aset                Otherwise, when the Group reclassifies its
      keuangannya dari FVTOCI menjadi biaya                       financial asset out of the FVTOCI into
      perolehan diamortisasi, aset keuangan                       amortized cost, the financial asset is
      tersebut direklasifikasi ke nilai wajarnya pada             reclassified by its fair value at the
      tanggal reklasifikasi. Namun, keuntungan                    reclassification   date.    However,     any
      atau kerugian kumulatif yang sebelumnya                     cumulative gains or losses previously
      diakui dalam penghasilan komprehensif lain                  recognized in other comprehensive income
      dihilangkan dari ekuitas dan disesuaikan                    are omitted from equity and adjusted to the
      dengan nilai wajar aset keuangan pada                       financial asset’s fair value at the date of
      tanggal reklasifikasi. Akibatnya, pada tanggal              reclassification.  Consequently,     at   the
      reklasifikasi, aset keuangan diukur dengan                  reclassification date, the financial asset is
      cara yang sama seperti biaya perolehan                      measured the same way as if it were
      diamortisasi.                                               amortized cost.

      Penyesuaian ini memengaruhi penghasilan                     This adjustment affects other comprehensive
      komprehensif lain tetapi tidak memengaruhi                  income but not profit or loss, andhence it is
      laba rugi, dan karenanya bukan merupakan                    not a reclassification adjustment. Effective
      penyesuaian reklasifikasi. Suku bunga efektif               interest rate and expected credit loss are no
      dan      pengukuran        kerugian   kredit                longer adjusted as a result of the
      ekspektasian tidak disesuaikan sebagai                      reclassification.
      akibat dari reklasifikasi.

      Pada saat Grup mereklasifikasi aset                         When the Group reclassifies its financial
      keuangan keluar dari kategori pengukuran                    asset out of the FVTPL into FVTOCI, the
      FVTPL       menjadi    kategori  pengukuran                 financial asset is measured at its fair value.
      FVTOCI, aset keuangan tetap diukur pada                     Similarly, when the Group reclassifies its
      nilai wajarnya. Sama halnya, ketika Grup                    financial asset out of the FVTOCI into FVTPL
      mereklasifikasi    aset    keuangan   keluar                the financial asset is measured at its fair
      dari kategori FVTOCI menjadi kategori                       value. Any gains or losses previously
      pengukuran FVTPL, aset keuangan tetap                       recognized in other comprehensive income
      diukur pada nilai wajarnya. Keuntungan atau                 are reclassified out of the equity to profit or
      kerugian kumulatif yang sebelumnya diakui                   loss as a reclassification adjustment at the
      di     penghasilan      komprehensif     lain               date of reclassification.
      direklasifikasi dari ekuitas ke laba rugi
      sebagai penyesuaian reklasifikasi pada
      tanggal reklasifikasi.

      Saling Hapus Aset Keuangan dan                              Offsetting a Financial Asset and a
      Liabilitas Keuangan                                         Financial Liability
      Aset keuangan dan liabilitas keuangan                       A financial asset and financial liability shall
      disalinghapuskan, jika dan hanya jika, Grup                 be offset when and only when, the Group
      saat ini memiliki hak yang dapat dipaksakan                 currently has a legally enforceable right to
      secara hukum untuk melakukan saling hapus                   set off the recognized amount; and intends
      atas jumlah yang telah diakui tersebut; dan                 either to settle on a net basis, or to realize
      berintensi untuk menyelesaikan secara neto                  the    asset     and   settle   the     liability
      atau untuk merealisasikan aset dan                          simultaneously.
      menyelesaikan liabilitasnya secara simultan.

      Pengukuran Nilai Wajar                                      Fair Value Measurement
      Nilai wajar adalah harga yang akan diterima                 Fair value is the price that would be received
      untuk menjual suatu aset atau harga yang                    to sell an asset or paid to transfer a liability in
      akan dibayar untuk mengalihkan suatu                        an orderly transaction between market
      liabilitas dalam transaksi teratur antara                   participants at the measurement date.
      pelaku pasar pada tanggal pengukuran.

                                                        54
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PT KERETA API INDONESIA (PERSERO)                                         PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                    FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                     (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan            Akuntansi     Material          2. Material Accounting Policies Information
   (Lanjutan)                                                        (Continued)
         Nilai wajar aset dan liabillitas keuangan                        The fair value of financial assets and
         diestimasi untuk keperluan pengakuan dan                         financial liabilities must be estimated for
         pengukuran      atau    untuk    keperluan                       recognition and measurement or for
         pengungkapan.                                                    disclosure purposes.
         Nilai wajar dikategorikan dalam level yang                       Fair values are categorized into different
         berbeda dalam suatu hierarki nilai wajar                         levels in a fair value hierarchy based on the
         berdasarkan pada apakah input suatu                              degree to which the inputs to the
         pengukuran         dapat      diobservasi     dan                measurement are observable and the
         signifikansi input terhadap keseluruhan                          significance of the inputs to the fair value
         pengukuran nilai wajar:                                          measurement in its entirety:
         (i) Harga kuotasian (tanpa penyesuaian) di                       (i) Quoted prices (unadjusted) in active
               pasar aktif untuk aset atau liabilitas yang                     markets for identical assets or liabilities
               identik yang dapat diakses pada tanggal                         that can be accessed at the
               pengukuran (Level 1);                                           measurement date (Level 1);
         (ii) Input selain harga kuotasian yang                           (ii) Inputs other than quoted prices included
               termasuk dalam Level 1 yang dapat                               in Level 1 that are observable for the
               diobservasi untuk aset atau liabilitas,                         assets or liabilities, either directly or
               baik secara langsung maupun tidak                               indirectly (Level 2);
               langsung (Level 2);
         (iii) Input yang tidak dapat diobservasi untuk                   (iii) Unobservable inputs for the assets or
               aset atau liabilitas (Level 3).                                  liabilities (Level 3).
           Dalam mengukur nilai wajar aset atau                             When measuring the fair value of an asset
           liabilitas,    Grup    sebisa     mungkin                        or a liability, the Group uses market
           menggunakan data pasar yang dapat                                observable data to the extent possible. If
           diobservasi. Apabila nilai wajar aset atau                       the fair value of an asset or a liability is not
           liabilitas tidak dapat diobservasi secara                        directly observable, the Group uses
           langsung, Grup menggunakan teknik                                valuation techniques appropriate in the
           penilaian yang sesuai dengan keadaannya                          circumstances and maximizes the use of
           dan memaksimalkan penggunaan input                               relevant observable inputs and minimizes
           yang dapat diobservasi yang relevan dan                          the use of unobservable inputs.
           meminimalkan penggunaan input yang
           tidak dapat diobservasi.
           Perpindahan antara level hierarki nilai                          Transfers between levels of the fair value
           wajar diakui oleh Grup pada akhir periode                        hierarchy are recognized by the Group at
           pelaporan dimana perpindahan terjadi.                            the end of the reporting period during
                                                                            which the change occurred.
    z.     Laba per Saham                                            z.     Earning per Share
           Laba per saham dasar dihitung dengan                             Basic earnings per share is computed by
           membagi laba atau rugi yang dapat                                dividing the profit or loss attributable to
           diatribusikan kepada pemegang saham                              ordinary equity holders of the parent entity
           biasa entitas induk dengan jumlah rata-                          by the weighted average number of
           rata tertimbang saham biasa yang beredar                         ordinary shares outstanding during the
           dalam suatu periode.                                             period.
           Untuk tujuan penghitungan laba per saham                         For the purpose of calculation of diluted
           dilusian, Grup menyesuaikan laba atau                            earnings per share, the Group shall adjust
           rugi yang dapat diatribusikan kepada                             profit or loss attributable to ordinary equity
           pemegang saham biasa entitas induk dan                           holders of the parent entity, and the
           jumlah rata-rata tertimbang saham yang                           weighted average number of shares
           beredar, atas dampak dari seluruh                                outstanding, for the effect of all dilutive
           instrumen berpotensi saham biasa yang                            potential ordinary shares.
           bersifat dilutif.

                                                             55
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi     Material         2. Material Accounting Policies Information
   (Lanjutan)                                                  (Continued)

    aa. Aset Takberwujud                                       aa. Intangible Assets
        Lisensi dan perangkat lunak yang                           Licenses and software are capitalized on
        diperoleh dikapitalisasi berdasarkan biaya-                the basis of the cost incurred to acquire
        biaya yang terjadi untuk memperoleh dan                    and to prepare the assets for intended use.
        mempersiapkannya           hingga      siap                These costs are amortized using the
        digunakan. Biaya-biaya ini diamortisasi                    straight-line method over the useful life
        dengan menggunakan metode garis lurus                      ranging from 4-20 years.
        sepanjang masa pemanfaatan berkisar
        antara 4-20 tahun.

        Biaya pengurusan perpanjangan atau                         The cost of maintaining an extension or
        pembaharuan legal hak atas tanah diakui                    renewal of legal title to land is recognized
        sebagai aset takberwujud dan diamortisasi                  as an intangible asset and amortized over
        sepanjang umur hukum hak.                                  the life of the legal entitlement.

    bb. Segmen Operasi                                         bb. Operating Segment
        Grup      menyajikan     segmen    operasi                 Group presented operating segments
        berdasarkan informasi keuangan yang                        based on the financial information used by
        digunakan oleh pengambil keputusan                         the chief operating decision maker in
        operasional dalam menilai kinerja segmen                   assessing the performance of segments
        dan menentukan alokasi sumber daya                         and in the allocation of resources. The
        yang dimilikinya. Segmetasi berdasarkan                    segments are based on the activities of
        aktivitas dari setiap kegiatan operasi                     each of the operating legal entities within
        entitas legal di dalam Grup.                               the Group.

        Segmen operasi adalah suatu komponen                       An operating segment is a component of
        dari entitas:                                              the entity:
        • yang terlihat dalam aktivitas bisnis                     • that engages in business activities from
             yang memperoleh pendapatan dan                            which it may earn revenues and incur
             menimbulkan         beban     (termasuk                   expenses (including revenues and
             pendapatan dan beban yang terkait                         expenses relating to the transactions
             dengan transaksi dengan komponen                          with other components of the same
             lain dari entitas yang sama);                             entity);
        • hasil operasinya dikaji ulang secara                     • whose operating results are regularly
             berkala oleh kepala operasional untuk                     reviewed by chief operating decision
             pembuatan keputusan tentang sumber                        maker to make decisions about
             daya yang dialokasikan pada segmen                        resources to be allocated to the
             tersebut dan menilai kinerjanya; dan                      segment       and      assesses       its
                                                                       performance; and
        •   tersedia informasi    keuangan     yang                •   for which separate financial information
            dapat dipisahkan.                                          is available.

    cc. Provisi                                                cc. Provision
        Provisi diakui bila Grup memiliki kewajiban                Provisions are recognized when the Group
        kini (baik bersifat hukum maupun                           has a present obligation (legal or
        konstruktif) sebagai akibat peristiwa masa                 constructive) as a result of a past event, it
        lalu dan besar kemungkinan Grup                            is probable that the Group will be required
        diharuskan menyelesaikan kewajiban serta                   to settle the obligation, and a reliable
        jumlah kewajiban tersebut dapat diestimasi                 estimate can be made of the amount of the
        secara andal.                                              obligation.




                                                       56
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

2. Informasi Kebijakan       Akuntansi     Material         2. Material Accounting Policies Information
   (Lanjutan)                                                  (Continued)

        Jumlah diakui sebagai provisi merupakan                    The amount recognized as a provision is
        taksiran     terbaik    yang  diharuskan                   the best estimate of the consideration
        menyelesaikan kewajiban kini pada akhir                    required to settle the obligation at the end
        periode pelaporan, dengan memperhatikan                    of the reporting period, taking into account
        unsur risiko dan ketidakpastian yang                       the risks and uncertainties surrounding the
        melekat pada kewajiban tersebut. Provisi                   obligation. Where a provision is measured
        diukur menggunakan estimasi arus kas                       using the cash flows estimated to settle the
        untuk menyelesaikan kewajiban kini                         present obligation, its carrying amount is
        dengan jumlah tercatatnya sebesar nilai                    the present value of those cash flows.
        kini dari arus kas tersebut.

        Bila beberapa atau keseluruhan dari                        When some or all of the economic benefits
        manfaat      ekonomis        mengharuskan                  required to settle a provision are expected
        penyelesaian provisi diharapkan dapat                      to be recovered from a third party, the
        dipulihkan dari pihak ketiga, piutang diakui               receivable is recognized as an asset if it is
        sebagai aset apabila terdapat kepastian                    virtually certain that reimbursement will be
        tagihan dapat diterima dan jumlah piutang                  received and the amount of the receivable
        dapat diukur secara andal.                                 can be measured reliably.

    dd. Bagian Hibah dari Pinjaman Pemerintah                  dd. The Grants Portion of Government
                                                                   Loans
        Manfaat atas pinjaman pemerintah yang                      Benefits on government loans that bear
        memiliki tingkat bunga di bawah tingkat                    interest rates below market rates are
        bunga pasar diperlakukan sebagai hibah                     treated as government grants. These loans
        pemerintah. Pinjaman tersebut diakui dan                   are recognized and measured at fair value
        diukur berdasarkan nilai wajar pada                        at balance sheet date. Benefits bearing
        tanggal neraca. Manfaat pinjaman dengan                    interest rates below market interest rates
        tingkat bunga di bawah tingkat bunga                       are measured as the difference between
        pasar diukur sebagai perbedaan antara                      the original carrying amount of the loan and
        nilai tercatat awal pinjaman dan jumlah                    the amount received. These benefits are
        yang diterima. Manfaat tersebut diakui                     recognized as deferred income and
        sebagai pendapatan ditangguhkan dan                        amortized on straight line method over the
        diamortisasi menggunakan metode garis                      period in which the entity recognizes
        lurus selama periode entitas mengakui                      expenses for the related costs it is intended
        beban      atas   biaya    terkait  yang                   to compensate for under the grant.
        dimaksudkan      akan    dikompensasikan
        dengan hibah tersebut.


3. Pernyataan Standar Akuntansi Keuangan                    3. Effective   Statements   of            Financial
   (“PSAK”) yang Berlaku Efektif                               Accounting Standard (“PSAK”)

   Berikut amendemen dan penyesuaian atas                       The     following    are    amendment         and
   standar yang berlaku efektif untuk periode yang              improvements to standards which effective for
   dimulai pada atau setelah 1 Januari 2023,                    periods beginning on or after January 1, 2023,
   dengan penerapan dini diperkenankan yaitu:                   with early adoption is permitted, are as follows:
   • Amendemen PSAK 1: Penyajian Laporan                        • Amendments PSAK 1: Presentation of
      Keuangan tentang              Pengungkapan                   Financial Statements regarding Disclosure
      Kebijakan Akuntansi;                                         of Accounting Policies;
   • Amendemen PSAK 16: Aset Tetap tentang                      • Amendment to PSAK 16: Fixed Assets
      Hasil     sebelum     Penggunaan        yang                 related to Proceeds before Intended Use;
      Diintensikan;



                                                       57
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

3. Pernyataan Standar Akuntansi Keuangan                    3. Effective   Statements   of    Financial
   (“PSAK”) yang Berlaku Efektif (Lanjutan)                    Accounting Standard (“PSAK”) (Continued)

    • Amendemen      PSAK     25:      Kebijakan               • Amendments      PSAK    25:    Accounting
      Akuntansi, Perubahan Estimasi Akuntansi,                   Policies, Changes in Accounting Estimates
      dan Kesalahan tentang Definisi Estimasi                    and Errors regarding Definition of
      Akuntansi;                                                 Accounting Estimates;
    • Amendemen PSAK 46: Pajak Penghasilan                     • Amendments PSAK 46: Income Tax
      tentang Pajak Tangguhan terkait Aset dan                   regarding Deferred Tax related to Assets
      Liabilitas yang timbul dari Transaksi                      and Liabilities arising from a Single
      Tunggal; dan                                               Transaction; and
    • Revisi PSAK 107: Akuntansi Ijarah.                       • Revised PSAK 107: Accounting for Ijara.

    Implementasi standar-standar tersebut tidak                The implementation of the above standards
    memiliki dampak yang material terhadap                     had no material effect on the amounts reported
    jumlah yang dilaporkan di tahun berjalan atau              for the current year or prior financial year.
    tahun sebelumnya.


4. Sumber Ketidakpastian Estimasi dan                       4. Source of Estimation          Uncertainty    and
   Pertimbangan Akuntansi yang Penting                         Critical Accounting           Estimates      and
                                                               Judgments

    Pertimbangan                                               Judgment
    Penyusunan laporan keuangan konsolidasian                  The preparation of the Group's consolidated
    Grup mengharuskan           manajemen      untuk           financial statements requires management to
    membuat pertimbangan, estimasi dan asumsi                  make judgments, estimate and assumption that
    yang mempengaruhi jumlah yang dilaporkan                   affect the reported amounts of revenues,
    dari pendapatan, beban, aset dan liabilitas,               expenses, assets and liabilities, and disclosure
    dan pengungkapan atas liabilitas kontinjensi,              of contingent liabilities, at the end of the
    pada akhir periode pelaporan. Ketidakpastian               reporting period. Uncertainty about these
    mengenai asumsi dan estimasi tersebut dapat                assumptions and estimates could result in
    mengakibatkan penyesuaian material terhadap                outcomes that require a material adjustment to
    nilai tercatat aset dan liabilitas dalam periode           the carrying amount of the asset and liability
    pelaporan berikutnya.                                      affected in future periods.

    Estimasi dan asumsi                                        Estimates and assumptions
    Asumsi utama masa depan dan ketidakpastian                 The key assumptions concerning the future
    sumber estimasi utama yang lain pada tanggal               and other key sources of estimation uncertainty
    pelaporan yang memiliki risiko signifikan bagi             at the reporting date that have a significant risk
    penyesuaian yang material terhadap nilai                   of causing a material adjustment to the
    tercatat aset dan liabilitas untuk tahun                   carrying amounts of assets and liabilities within
    berikutnya diungkapkan di bawah ini. Grup                  the next financial year are disclosed below.
    mendasarkan asumsi dan estimasi pada                       The Group based its assumptions and
    parameter yang tersedia pada saat laporan                  estimates on parameters available when the
    keuangan konsolidasian disusun.                            consolidated     financial   statements     were
                                                               prepared.

    Asumsi dan situasi mengenai perkembangan                   Existing circumstances and assumptions about
    masa depan mungkin berubah akibat                          future developments may change due to
    perubahan pasar atau situasi di luar kendali               market changes or circumstances arising
    Grup. Perubahan tersebut dicerminkan dalam                 beyond the control of the Group. Such changes
    asumsi terkait pada saat terjadinya.                       are reflected in the assumptions when the
                                                               occur.




                                                       58
Page 723
PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

4. Sumber Ketidakpastian           Estimasi dan              4. Source of Estimation       Uncertainty    and
   Pertimbangan Akuntansi          yang Penting                 Critical Accounting        Estimates      and
   (Lanjutan)                                                   Judgments (Continued)

    Cadangan kerugian penurunan nilai                          Allowance for impairment loss
    Grup menilai penurunan nilai pada aset                     Group assesses its financial assets measured
    keuangan dengan biaya perolehan yang                       at amortized cost for impairment at each
    diamortisasi pada setiap tanggal pelaporan.                reporting date. In determining whether an
    Dalam menentukan apakah rugi penurunan                     impairment loss should be recorded in profit or
    nilai harus dicatat dalam laba rugi, manajemen             loss, management makes a judgement as to
    harus mempertimbangkan informasi yang                      whether there is reasonable and supportable
    wajar dan terdukung yang tersedia tanpa biaya              information that is available without undue cost
    atau upaya berlebihan pada tanggal pelaporan               or effort about past events, current conditions
    mengenai peristiwa masa lalu, kondisi kini, dan            and forecasts of future conditions. Group
    perkiraan kondisi ekonomi masa depan. Grup                 applies simplified approach using roll rate and
    menerapkan pendekatan yang disederhanakan                  discounted cash flow to measuring cash and
    untuk mengukur kerugian kredit ekspektasian                equivalents, restricted fund, trade receivables
    yang menggunakan roll rate dan discounted                  and other receivable.
    cash flow untuk menilai kas dan setara kas,
    dana yang dibatasi penggunaannya, piutang
    usaha dan piutang lain-lain.

    Pada kas dan setara kas serta dana dibatasi                For cash and cash equivalents and restricted
    penggunaannya, nilai cadangan tidak material               funds, the impairment value is not material so
    sehingga Grup tidak melakukan penurunan                    the Group does not reduce the value of these
    nilai atas aset keuangan tersebut. Nilai tercatat          financial assets. The carrying amounts of
    aset keuangan telah diungkapkan dalam                      financial assets are disclosed in Notes 5, 6, 7
    Catatan 5, 6, 7 dan 8.                                     and 8.

    Pensiun dan Imbalan Pascakerja                             Pension and Post-Employement Benefits
    Penentuan kewajiban dan biaya pensiun dan                  The determination of the Group's cost for
    liabilitas imbalan kerja Grup bergantung pada              pension and employee benefits liabilities is
    pemilihan asumsi yang digunakan oleh                       depended on its selection of certain
    aktuaris independen dalam menghitung                       assumptions used by the independent
    jumlah-jumlah tersebut. Asumsi tersebut                    actuaries in calculating such amounts. Those
    termasuk antara lain, tingkat diskonto, tingkat            assumptions include, among others, discount
    kenaikan gaji tahunan, tingkat pengunduran                 rates, future annual salary increase, annual
    diri karyawan tahunan, tingkat kecacatan, umur             employee turnover rate, disability rate,
    pensiun, dan tingkat kematian.                             retirement age and mortality rate.

    Hasil aktual yang berbeda dari asumsi yang                 Actual results that differ from the Group's
    ditetapkan Grup diperlakukan sesuai dengan                 assumptions are treated in accordance with the
    kebijakan yang dijelaskan pada Catatan 2.v.                policies as mentioned in Note 2.v. While the
    Sementara Grup berkeyakinan bahwa asumsi                   Group believes that the assumptions are
    tersebut adalah wajar dan sesuai, perbedaan                reasonable     and   appropriate,   significant
    signifikan pada hasil aktual atau perubahan                differences in the Group's assumption may
    material dalam asumsi yang ditetapkan Grup                 materially affect its estimated liabilities for
    dapat mempengaruhi secara material liabilitas              pension and employee benefits and net
    diestimasi atas pensiun dan imbalan kerja dan              employee benefits expense (Note 26).
    beban imbalan kerja neto (Catatan 26).




                                                        59
Page 724
PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

4. Sumber Ketidakpastian            Estimasi dan              4. Source of Estimation         Uncertainty     and
   Pertimbangan Akuntansi           yang Penting                 Critical Accounting          Estimates       and
   (Lanjutan)                                                    Judgments (Continued)
    Penyusutan Aset Tetap dan Amortisasi Hak                    Depreciation       of     Fixed    Assets      and
    Pengoperasian Aset Prasarana                                Amortization of Infrastructure Assets
                                                                Operating Rights
    Biaya perolehan aset tetap, kecuali tanah,                  The costs of fixed asset, except from land, are
    disusutkan dengan menggunakan metode                        depreciated on the straight-line method over
    garis lurus berdasarkan estimasi masa                       their estimated useful lives, while the railway
    manfaat    ekonomisnya,       sedangkan      hak            infrastructure assets operating rights are
    pengoperasian aset prasarana perkeretaapian                 amortized based on the straight-line method.
    diamortisasi berdasarkan metode garis lurus.                Management estimates the useful lives of
    Manajemen mengestimasi masa manfaat                         these fixed assets to be within 3 to 40 years,
    ekonomis aset tetap antara 3 sampai dengan                  while the useful life of the railway infrastructure
    40 tahun, sedangkan masa manfaat hak                        assets accordance to the agreement of
    pengoperasian aset prasarana perkeretaapian                 operating rights of assets from 30-50 years.
    sesuai dengan perjanjian pengelolaan aset                   These are common life expectancies applied in
    prasarana antara 30-50 tahun. Umur masa                     the industries where the Group conducts its
    manfaat ini adalah umur yang secara umum                    business. Changes in the expected level of
    diharapkan dalam industri di mana Grup                      usage and technological development could
    menjalankan bisnisnya. Perubahan tingkat                    impact the economic useful lives and the
    pemakaian dan perkembangan teknologi dapat                  residual values of these assets, and therefore
    mempengaruhi masa manfaat ekonomis dan                      future depreciation and amortization changes
    nilai sisa aset, dan karenanya biaya                        could be revised. The net carrying amounts of
    penyusutan dan amortisasi masa depan                        the Group's fixed assets and railways
    mungkin direvisi. Nilai tercatat atas aset tetap            infrastructure assets operating rights at
    dan hak pengelolaan aset pada tanggal-                      reporting dates are disclosed in Notes 15 and
    tanggal       pelaporan          masing-masing              17, respectively.
    diungkapkan dalam Catatan 15 dan 17.
    Penurunan Nilai Aset Non-keuangan                           Impairment of Non-Financial Assets
    Penurunan nilai muncul saat nilai tercatat aset             An impairment exists when the carrying value
    atau unit penghasil kas melebihi nilai                      of an asset or a cash gain unit exceeds its
    terpulihkannya, yang lebih besar antara nilai               recoverable amount, which is the higher of its
    wajar dikurangi biaya untuk menjual dan nilai               fair value less costs to sell and its value in use.
    pakainya. Nilai wajar dikurangi biaya untuk                 The fair value less costs to sell calculation is
    menjual didasarkan pada ketersediaan data                   based on available data from binding sales
    dari perjanjian penjualan yang mengikat yang                transactions in an arm's length transaction of
    dibuat dalam transaksi normal atas aset                     similar assets or observable market prices less
    serupa atau harga pasar yang dapat diamati,                 incremental costs for disposing the asset.
    dikurangi dengan biaya tambahan yang dapat
    diatribusikan dengan pelepasan aset.
    Perhitungan nilai pakai didasarkan pada model               The value in use calculation is based on a
    arus kas yang didiskontokan. Proyeksi arus                  discounted cash flow model. The future cash
    kas tidak termasuk aktivitas restrukturisasi                flow projection does not include restructuring
    yang belum ada perikatannya atau investasi                  activities that the Group is not yet committed to
    signifikan di masa depan yang akan                          or significant future investments that will
    meningkatkan kinerja dari unit penghasil kas                enhance the asset's performance of the cash
    yang diuji.                                                 gain unit being tested.
    Nilai terpulihkan paling sensitif terhadap tingkat          The recoverable amount is most sensitive to
    diskonto yang digunakan untuk model arus kas                the discount rate used for the expected future
    yang didiskontokan seperti halnya dengan arus               cash inflows and the growth rate used for
    kas masuk masa depan yang diharapkan dan                    extrapolation purposes.
    tingkat pertumbuhan yang digunakan untuk
    tujuan ekstrapolasi.

                                                         60
Page 725
PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

4. Sumber Ketidakpastian          Estimasi dan             4. Source of Estimation         Uncertainty     and
   Pertimbangan Akuntansi         yang Penting                Critical Accounting          Estimates       and
   (Lanjutan)                                                 Judgments (Continued)

    Pajak Penghasilan                                         Income Tax
    Ketidakpastian atas interpretasi dari peraturan           Uncertainties over the interpretation of complex
    pajak yang kompleks, perubahan peraturan                  tax regulations, changes in tax laws, and the
    pajak dan jumlah dan timbulnya pendapatan                 amount and timing of future taxable income,
    kena     pajak  di    masa     depan,     dapat           that could necessitate future adjustments to tax
    menyebabkan penyesuaian di masa depan                     income and expense already recorded.
    atas pendapatan dan beban pajak yang telah
    dicatat.

    Pertimbangan signifikan dilakukan dalam                   Significant judgment is undertaken to
    menentukan provisi atau kelebihan bayar atas              determine the provision or overpayment of
    pajak penghasilan badan. Terdapat transaksi               corporate income tax. There are certain
    dan perhitungan tertentu yang penentuan                   transactions and computations which the
    pajak akhirnya adalah tidak pasti dalam                   ultimate tax determination is uncertain in the
    kegiatan usaha normal. Grup mengakui aset                 ordinary course of business. The Group
    atas pajak penghasilan badan berdasarkan                  recognized the assets on corporate income tax
    estimasi bahwa nilai tambahan pajak                       based on an estimate that any additional
    penghasilan badan yang akan jatuh tempo                   corporate income tax that will be due still lower
    lebih rendah dari kelebihan bayar pajak.                  than the amount of tax overpayment.

    Aset Pajak Tangguhan                                      Deferred Tax Assets
    Aset Pajak Tangguhan diakui atas seluruh                  Deferred tax assets are recognized for all of
    beda temporer yang boleh dikurangkan                      deductible temporary differences which is
    sepanjang besar kemungkinannya bahwa                      probable that the taxable profit will be available
    penghasilan kena pajak akan tersedia                      against thus the losses can be utilized. The
    sehingga rugi fiskal tersebut dapat digunakan.            significant estimation made by management
    Estimasi     signifikan    oleh    manajemen              are required to determine the amount of
    diharuskan dalam menentukan jumlah aset                   deferred tax assets that can be recognized,
    pajak    tangguhan      yang    dapat   diakui,           based on the time of use and the level of future
    berdasarkan saat penggunaan dan tingkat                   taxable profit and future tax planning
    penghasilan kena pajak serta strategi                     strategies.
    perencanaan pajak masa depan.

    Penentuan Nilai Wajar Liabilitas Program                  Determination of the Fair Value of “Program
    Pemulihan Ekonomi Nasional ("PEN")                        Pemulihan Ekonomi Nasional ("PEN")”
                                                              Liability
    Nilai    wajar  liabilitas PEN      dihitung              The fair value of PEN liabilities is calculated
    menggunakan metode discounted cash flow                   using the discounted cash flow method with an
    dengan suku bunga 5,07% per tahun selama                  interest rate of 5.07% per annum for the 10
    10 tahun masa pinjaman. Projected cash flow               years of the loan period. The projected cash
    yang digunakan telah memperhitungkan                      flow used has taken into account the
    kemampuan Perusahaan dalam memenuhi                       Company's ability to meet the payment
    indikator pembayaran berdasarkan perjanjian               indicators based on the loan agreement.
    pinjaman.




                                                      61
Page 726
PT KERETA API INDONESIA (PERSERO)                                      PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                            AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                 FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                             For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                             December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                  (In Thousand of Rupiah, Unless Otherwise Stated)

5. Kas dan Setara Kas                                          5. Cash and Cash Equivalents

                                               2023                   2022
    Kas                                                                                                   Cash on Hand
     Kas Kantor                                  18.253.925              10.139.476                 Cash on Hand-Office
     Kas Stasiun                                  2.562.969               2.863.194               Cash on Hand-Stations
    Jumlah Kas                                   20.816.894              13.002.670                  Total Cash on Hand

    Bank                                                                                                  Cash in Banks
     Pihak Berelasi (Catatan 41)              3.456.887.394           4.894.631.652             Related Parties (Note 41)
     Pihak Ketiga                                                                                          Third Parties
     PT Bank Central Asia Tbk                   141.792.873             203.210.705            PT Bank Central Asia Tbk
     PT Bank Permata Tbk                         51.148.964              32.884.382               PT Bank Permata Tbk
     PT BPD Jawa Barat dan Banten Tbk            42.135.072             104.957.952   PT BPD Jawa Barat dan Banten Tbk
     PT BPD Sumatera Selatan dan                                                          PT BPD Sumatera Selatan dan
      Bangka Belitung                            23.655.075              32.194.776                   Bangka Belitung
     PT Bank CIMB Niaga Tbk                       7.612.571              10.444.565            PT Bank CIMB Niaga Tbk
     PT Bank DKI                                  3.639.375               1.723.322                       PT Bank DKI
     PT Bank HSBC Indonesia                       3.332.519               3.228.504            PT Bank HSBC Indonesia
     PT Bank Maybank Indonesia Tbk                  548.402                 548.401      PT Bank Maybank Indonesia Tbk
     PT Bank Danamon Indonesia Tbk                  386.983                 383.264     PT Bank Danamon Indonesia Tbk
    Subjumlah                                   274.251.834             389.575.871                             Subtotal
    Jumlah Bank                               3.731.139.228           5.284.207.523                   Total Cash in Bank

    Deposito Berjangka                                                                                      Time Deposit
     Pihak Berelasi (Catatan 41)
    Subjumlah                                 1.386.615.360             398.510.000             Related Parties (Note 41)
    Jumlah Deposito                           1.386.615.360             398.510.000                        Total Deposit
    Jumlah                                    5.138.571.482           5.695.720.193                                 Total


    Berdasarkan mata uang:                                          By currencies:

                                               2023                   2022
    Kas                                                                                                   Cash on Hand
     Rupiah                                      20.816.894              13.002.670                             Rupiah
    Bank                                                                                                   Cash in Bank
     Rupiah                                   2.548.877.622           4.007.355.256                              Rupiah
     Dolar Amerika Serikat                    1.173.196.787           1.258.865.187                  United States Dollar
     Euro                                         8.372.273              17.243.459                                 Euro
     Yen Jepang                                     692.546                 743.621                       Japanese Yen
    Deposito Berjangka                                                                                      Time Deposit
     Dolar Amerika Serikat                      770.800.000             157.310.000                  United States Dollar
     Rupiah                                     615.815.360             241.200.000                              Rupiah
    Jumlah                                    5.138.571.482           5.695.720.193                                 Total


    Kisaran suku bunga per tahun dan jangka                        Interest rates per annum and maturity period of
    waktu deposito berjangka adalah sebagai                        time deposits are as follows:
    berikut:

                                               2023                   2022
    Dolar Amerika Serikat                 2,85% - 5,25%          1,25% - 2,85%                        United States Dollar
    Rupiah                                2,40% - 6,00%          2,50% - 5,00 %                                   Rupiah
    Jangka Waktu                         1-3 Bulan/ Months      1-3 Bulan/ Months                           Maturity Year
                                        Automatic Roll Over    Automatic Roll Over
                                              (ARO)                  (ARO)




                                                          62
Page 727
PT KERETA API INDONESIA (PERSERO)                                                     PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                           AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                            For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                            December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                 (In Thousand of Rupiah, Unless Otherwise Stated)

6. Dana Dibatasi Penggunaannya                                                6.    Restricted Funds
                                                            2023                       2022
     Pihak Berelasi (Catatan 41)                           2.560.880.158               5.590.894.318                    Related Parties (Note 41)
     Pihak Ketiga                                                                                                                 Third Party
      PT Bank Central Asia Tbk                                 26.932.515                 19.491.658                 PT Bank Central Asia Tbk
     Jumlah                                                2.587.812.673               5.610.385.976                                        Total


     Berdasarkan mata uang:                                                         By currencies:

                                                            2023                       2022
     Rupiah                                                1.687.689.985               5.610.385.819                                     Rupiah
     Dolar Amerika Serikat                                   900.122.688                         157                         United States Dollar
     Jumlah                                                2.587.812.673               5.610.385.976                                        Total


     Rincian   peruntukan     dana       dibatasi                                   Details allocation of restricted funds are as
     penggunaannya adalah sebagai berikut:                                          follows:

      No                          Peruntukan Dana/ Allocation of Funds                                 2023                        2022
      1.    Sinking Fund Proyek Kereta Cepat Jakarta Bandung/
              Sinking Fund for Jakarta Bandung High Speed Railway Project                                900.122.688                            --
      2.    Dana PMN untuk Proyek LRT Jabodebek/
              PMN fund for LRT Jabodebek Project                                                         818.736.431                2.153.637.590
      3.    Dana PMN untuk Proyek Kereta Cepat Jakarta Bandung/
              PMN fund for Jakarta Bandung High Speed Railway Project                                    510.785.602                3.200.000.000
      4.    Dana Floating Kartu Multi Trip (KMT)/
              Floating Money Trip Card (KMT)                                                             195.584.566                  148.546.590
      5.    Pembukaan L/C Impor Suku Cadang dan Peralatan
              Pemeliharaan Sistem Brake EMU 6000, EMU 8500/800,
              Pembelian Suku Cadang dan Jaminan Pinjaman Bank/
              Opening the L/C Import Spare Parts and Maintenance Equipment
              Brake Systes EMU 6000, EMU 8500/800 and the Purchase of Spare Parts                         82.563.909                   50.937.864
      6.    Proyek KA Bandara Soekarno-Hatta/
              Soekarno-Hatta Airport Train Railway Project                                                61.769.430                   56.372.595
      7.    Pengadaan Sarana atas Penyelenggaraan
              Angkutan Jalur Trans Sumatera/8500/800
              Procurement of Facilities for the Implementation of
              Trans Sumatera Transportation/8500/800                                                      18.199.305                      382.009
      8.    Pemeliharaan Sarana KA Bandara Kualanamu, Medan/ Maintenance
             Agreement of Airport Rolling Stock in Kualanamu, Medan                                            38.751                      38.674
      9.    Proyek Commuter Jabodetabek/
              Commuter Jabodebek Project                                                                       11.810                      11.783
      10.   Pembelian Sarana KA Stasiun Soekarno-Hatta/
              Purchasing of Rolling Stock for Soekarno-Hatta Station                                              181                     458.871
            Jumlah/Total                                                                                2.587.812.673                5.610.385.976




7.   Piutang Usaha                                                            7.    Trade Receivables

                                                            2023                       2022
     Pihak Berelasi (Catatan 41)                           1.266.965.945               963.280.644                   Related Parties (Note 41)
     Cadangan Kerugian Penurunan Nilai                       (13.851.143)              (28.650.899)           Allowance for Impairment Losses
     Pihak Berelasi - Neto                                 1.253.114.802                934.629.745                        Related Parties - Net
     Pihak Ketiga                                             887.185.621               709.101.183                               Third Parties
     Cadangan Kerugian Penurunan Nilai                      (270.705.648)             (237.392.861)           Allowance for Impairment Losses
     Pihak Ketiga - Neto                                     616.479.973                471.708.322                           Third Parties - Net
     Neto                                                  1.869.594.775              1.406.338.067                                          Net




                                                                         63
Page 728
PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

7. Piutang Usaha (Lanjutan)                                7. Trade Receivables (Continued)
   Berdasarkan mata uang:                                       By currencies:
                                          2023                     2022
    Rupiah                                2.022.067.062           1.514.495.695                                Rupiah
    Dolar Amerika Serikat                   132.084.504             157.886.132                    United States Dollar
    Jumlah                                2.154.151.566           1.672.381.827                                   Total
    Dikurangi:                                                                                                  Less:
     Cadangan Kerugian Penurunan Nilai    (284.556.791)           (266.043.760)      Allowance for Impairment Losses
    Neto                                  1.869.594.775           1.406.338.067                                    Net


   Berdasarkan umur:                                            By age:
                                          2023                    2022
    0 - 30 Hari                           1.653.982.587           1.190.788.301                            0 - 30 Days
    31 - 90 Hari                            176.516.181             113.776.059                           31 - 90 Days
    91 - 360 Hari                            87.135.226             103.240.557                          91 - 360 Days
    > 360 Hari                              236.517.572             264.576.910                            > 360 Days
    Jumlah                                2.154.151.566           1.672.381.827                                 Total
    Dikurangi:                                                                                                  Less:
     Cadangan Kerugian Penurunan Nilai    (284.556.791)           (266.043.760)      Allowance for Impairment Losses
    Neto                                  1.869.594.775           1.406.338.067                                    Net


    Mutasi cadangan kerugian penurunan nilai:                   The movement of the allowance for impairment
                                                                losses is as follows:
                                          2023                    2022
    Saldo Awal                            (266.043.760)           (305.323.488)                     Beginning Balance
    Pemulihan/(Penambahan)                 (18.513.031)              39.279.728                    Recovery/(Addition)
    Saldo Akhir                           (284.556.791)           (266.043.760)                       Ending Balance

    Manajemen berpendapat bahwa cadangan                        Management believes that the allowance for
    kerugian penurunan nilai cukup untuk menutup                impairment losses is adequate to cover the
    kerugian yang mungkin timbul dari tidak                     possible losses on uncollectible accounts.
    tertagihnya piutang.
    Tidak terdapat piutang usaha yang dijadikan                 There are no trade receivables that pledged as
    jaminan atas pinjaman.                                      collateral for the loan.

8. Piutang Lain–lain                                       8.   Other Receivables
                                          2023                    2022
    Piutang Lain-lain - Lancar:                                                         Others Receivable - Current:
     Pihak Berelasi (Catatan 41)             8.183.000                       --             Related Parties (Note 41)
     Pihak Ketiga                           60.977.138              92.696.413                           Third Parties
     Dikurangi:                                                                                                 Less:
      Cadangan Kerugian Penurunan Nilai     (7.573.148)             (2.693.350)     Allowance for Impairment Losses
     Neto                                   61.586.990              90.003.063                                    Net

    Piutang Lain-lain - Tidak Lancar:                                               Other Receivables - Non Current:
     Pihak Berelasi (Catatan 41)           109.925.523             109.925.523               Related Party (Note 41)
     Dikurangi:                                                                                                Less:
      Cadangan Kerugian Penurunan Nilai   (109.925.523)           (109.925.523)     Allowance for Impairment Losses
     Pihak Berelasi - Neto                            --                      --                Related Parties - Net
     Pihak Ketiga                           62.615.570              62.615.570                           Third Parties
     Dikurangi:                                                                                                 Less:
      Cadangan Kerugian Penurunan Nilai    (62.615.570)            (62.615.570)     Allowance for Impairment Losses
     Pihak Ketiga - Neto                              --                      --                   Third Parties - Net
    Neto                                     61.586.990              90.003.063                                     Net




                                                    64
Page 729
PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

8. Piutang Lain–lain (Lanjutan)                            8. Other Receivables (Continued)

    Berdasarkan umur:                                           By age:

                                           2023                    2022
    0 - 30 Hari                             60.254.842               89.350.419                          0 - 30 Days
    31 - 90 Hari                                30.202                  247.658                         31 - 90 Days
    91 - 360 Hari                            1.343.565                1.730.388                        91 - 360 Days
    > 360 Hari                             180.072.622              173.909.041                          > 360 Days
    Jumlah                                 241.701.231              265.237.506                                 Total
    Dikurangi:                                                                                                  Less:
     Cadangan Kerugian Penurunan Nilai    (180.114.241)           (175.234.443)     Allowance for Impairment Losses
    Neto                                     61.586.990              90.003.063                                   Net


    Mutasi cadangan kerugian penurunan nilai:                   The movement of the allowance for impairment
                                                                losses is as follows:

                                           2023                    2022
    Saldo Awal                            (175.234.443)          (1.106.010.115)                  Beginning Balance
    Pemulihan/(Penambahan)                  (4.879.798)              930.775.672                 Recovery/(Addition)
    Saldo Akhir                           (180.114.241)           (175.234.443)                     Ending Balance


    Manajemen berkeyakinan bahwa cadangan                       Management believes that the allowance for
    kerugian penurunan nilai piutang adalah cukup               impairment losses on receivables is adequate
    untuk menutupi kerugian penurunan nilai atas                to cover possible losses on the uncollectible
    tidak tertagihnya piutang lain-lain.                        other receivables.

    Eksposur maksimum risiko kredit pada tanggal                The maximum exposure to credit risk at the
    pelaporan adalah sebesar nilai tercatat                     reporting date is the carrying amount of each
    masing-masing    kategori    piutang    yang                class of receivables mentioned above. The
    disebutkan di atas. Perusahaan tidak                        Group does not recognize any asset as
    menguasai aset-aset sebagai jaminan piutang.                collateral for receivables.


9. Persediaan                                              9.   Inventories

                                           2023                    2022
    Suku Cadang Sarana                     1.238.415.440          1.065.426.895             Rolling Stock Spare Parts
    Suku Cadang Prasarana                    461.538.274            223.925.849             Infrastructure Spare Parts
    Lain-lain                                 22.696.178             23.090.194                                Others
    Jumlah                                 1.722.649.892          1.312.442.938                                Total
    Dikurangi:                                                                                                 Less:
     Cadangan Kerugian Penurunan Nilai     (194.300.721)           (167.128.997)    Allowance for Impairment Losses
    Neto                                   1.528.349.171          1.145.313.941                                   Net


    Mutasi cadangan kerugian penurunan nilai:                   The movement of the allowance for impairment
                                                                losses is as follows:

                                           2023                    2022
    Saldo Awal                             (167.128.997)           (179.073.842)                   Beginning Balance
    Pemulihan/(Penambahan)                  (27.171.724)              11.944.845                  Recovery/(Addition)
    Saldo Akhir                            (194.300.721)           (167.128.997)                     Ending Balance




                                                    65
Page 730
PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

9. Persediaan (Lanjutan)                                   9.   Inventories (Continued)

    Suku cadang sarana merupakan suku cadang                    Rolling stock spare parts represent spare parts
    yang digunakan untuk perawatan rutin/berkala                used for routine/scheduled maintenance of
    armada     lokomotif, kereta     (penumpang,                locomotives, trains (passenger, generator,
    pembangkit, diesel, dan listrik) dan gerbong                diesel, and electric) and wagons which are
    yang dilakukan di Balai Yasa dan Dipo                       undertaken in the Company’s Balai Yasa and
    Perusahaan yang tersebar di Daerah Operasi                  Depots located in various Operational Regions
    dan Divisi Regional.                                        and Regional Divisions.

    Suku cadang prasarana digunakan untuk                       Infrastructure spare parts are used to maintain
    perawatan atau perbaikan atas kerusakan                     or repair any damages occured in the main
    yang terjadi pada prasarana pokok yang                      infrastructures which comprise of railway-road,
    meliputi jalan rel kereta api, jembatan,                    bridge, cross-bar-crossing, signal, electric
    perlintasan, persinyalan, instalasi listrik dan             installation, and communication installation.
    instalasi komunikasi. Sesuai dengan Undang-                 According to Law No. 13 Year 1992 regarding
    Undang No. 13 Tahun 1992 tentang                            Railways as replaced by Law No.23 Year 2007
    Perkeretaapian sebagaimana telah diganti                    dated April 25, 2007 regarding Railways, the
    dengan Undang-Undang No. 23 Tahun 2007                      operator of the railway infrastructure has
    tanggal 25 April 2007 tentang Perkeretaapian,               obligation to maintain the operating feasible of
    penyelenggara prasarana perkeretaapian wajib                railway infrastructures.
    merawat prasarana perkeretaapian agar tetap
    layak operasi.

    Jumlah persediaan yang telah digunakan dan                  Total of inventories which have been used and
    diakui sebagai beban perawatan sarana dan                   recognized as facility and infrastructure
    prasarana pada tanggal 31 Desember 2023                     maintenance expenses for the years ended
    dan     2022     masing-masing     sebesar                  December 31, 2023 and 2022 amounted to
    Rp1.942.556.875 dan Rp1.554.174.318.                        Rp1,942,556,875       and     Rp1,554,174,318
                                                                respectively.

    Perusahaan       tidak        mengasuransikan               The Company does not insure inventories
    persediaan terhadap risiko kecelakaan,                      against any risk of accidents, fire and other
    kebakaran dan jenis risiko kerugian lainnya.                types of risk of losses.

    Manajemen berkeyakinan bahwa cadangan                       Management believes that the allowance for
    kerugian penurunan nilai persediaan adalah                  impairment losses on inventories are adequate
    cukup untuk menutupi kerugian penurunan                     to cover possible losses on the obsolete
    nilai atas nilai persediaan usang.                          inventories.


10. Pendapatan Masih akan Diterima                         10. Accrued Income

                                           2023                   2022
    Pihak Berelasi (Catatan 41)             616.070.541              884.228.974             Related Parties (Note 41)
    Dikurangi:                                                                                                   Less:
      Cadangan Kerugian Penurunan Nilai   (177.034.197)            (164.662.291)     Allowance for Impairment Losses
     Pihak Berelasi - Neto                  439.036.344              719.566.683                 Related Parties - Net
    Pihak ketiga                                                                                           Third parties
     Jasa Angkutan Barang                   275.008.098              137.680.851       Freight Transportation Services
     Jasa Parkir                              8.825.591                8.825.591                      Parking Services
     Konstruksi                               6.253.848                3.595.759                          Construction
     Lainnya                                 42.016.724               71.424.186                                Others
    Dikurangi:                                                                                                    Less:
     Cadangan Kerugian Penurunan Nilai      (7.400.565)              (1.476.099)      Allowance for Impairment Losses
     Pihak Ketiga - Neto                    324.703.696              220.050.288                   Third Parties - Net
    Jumlah                                  763.740.040              939.616.971                                  Total




                                                      66
Page 731
PT KERETA API INDONESIA (PERSERO)                                         PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                    FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                     (In Thousand of Rupiah, Unless Otherwise Stated)

10. Pendapatan Masih akan Diterima (Lanjutan)                 10. Accrued Income (Continued)

    Mutasi cadangan kerugian penurunan nilai                         The movement of the allowance for impairment
    sebagai berikut:                                                 losses is as follows:

                                            2023                        2022
    Saldo Awal                             (166.138.390)                 (165.865.521)                      Beginning Balance
    Penambahan                              (18.296.372)                     (272.869)                                Addition
    Saldo Akhir                            (184.434.762)                 (166.138.390)                        Ending Balance


    Pendapatan yang masih akan diterima dari                         Accrued income from related parties include
    pihak berelasi diantaranya adalah kompensasi                     compensation for public service obligations
    kewajiban pelayanan publik (PSO) yang                            (PSO), which is a claim to the Government for
    merupakan tagihan kepada Pemerintah atas                         PSO compensation based on Agreement
    kompensasi PSO berdasarkan Perjanjian                            between the Directorate General of Railways
    antara Direktorat Jenderal Perkeretaapian                        and Companies as follows:
    dengan Perusahaan sebagai berikut:
    a. Perjanjian No. PL.107/1/1/DJKA/2023 dan                       a. No. PL.107/1/1/DJKA/2023 and No.
        No. KL.701/I/1/KA-2023 tanggal 3 Januari                        KL.701/I/1/KA-2023 dated January 3, 2023
        2023 tentang penyelenggaraan Kewajiban                          concerning the implementation of the
        Pelayanan Publik (PSO) Bidang Angkutan                          Public Service Obligation (PSO) in the Field
        Kereta Api Pelayanan Kelas Ekonomi                              of Rail Transportation for Economy Class
        Tahun Anggaran 2023; dan                                        Services for 2023; and
    b. Perjanjian No. HK.201/2/1/DJKA/2023 dan                       b. Agreement No. HK.201/2/1/DJKA/2023 and
        No.      KL.701/XII/5/KA-2023        tanggal                    No.       KL.701/XII/5/KA-2023        dated
        7 Desember 2023 tentang Subsidi                                 7 December 2023 concerning Subsidies for
        Penyelenggaraan Kereta Api Ringan                               the Implementation of Integrated Light Rail
        (Light Rail Transit) Terintegrasi di Wilayah                    Transit in the Jakarta, Bogor, Depok and
        Jakarta, Bogor, Depok dan Bekasi.                               Bekasi Regions.

    Pendapatan masih akan diterima jasa                              Accrued income of freight transportation
    angkutan barang merupakan tagihan atas                           service represents revenue generated from
    angkutan barang yang sudah diantar namun                         freight transportations which are already
    belum ditagihkan yang meliputi angkutan batu                     delivered but not billed yet, comprising of coal
    bara, angkutan semen, angkutan peti kemas,                       transportation,     cement       transportation,
    angkutan parcel/hantaran, angkutan bahan                         container     transportation,    parcel/delivery
    bakar minyak, angkutan perkebunan, angkutan                      transportation, fuel transportation, plantation
    logam/besi baja, dan angkutan lainnya.                           transportation, metal/steel transportation, and
                                                                     other transportations.

    Pendapatan masih akan diterima lainnya                           Other accrued income represents revenues
    merupakan katering, jasa outsourcing, biaya                      generated from catering, outsourcing service,
    pekerjaan, iklan dan promosi.                                    service fee, promotion, and advertisement.


11. Uang Muka dan Biaya Dibayar di Muka                        11. Advances and Prepaid Expenses

    a. Uang Muka dan Biaya Dibayar di Muka                           a. Short-term              Advances   and      Prepaid
       Jangka Pendek                                                    Expenses

                                              2023                             2022
         Biaya Dibayar di Muka                       167.365.297                       62.652.603               Prepaid Expenses
         Uang Muka Pihak Ketiga                       81.937.291                       53.798.799          Third Parties Advances
         Uang Muka Dinas                              10.881.934                        3.851.772             Operating Advances
         Jumlah                                      260.184.522                      120.303.174                          Total




                                                         67
Page 732
PT KERETA API INDONESIA (PERSERO)                                       PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                             AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                  FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                              December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                   (In Thousand of Rupiah, Unless Otherwise Stated)

11. Uang Muka dan Biaya Dibayar di Muka                     11. Advances               and     Prepaid       Expenses
    (Lanjutan)                                                  (Continued)

        Biaya dibayar di muka merupakan                                Prepaid expenses represent advance
        pembayaran di muka kepada sub                                  payment to sub-contractors and all costs
        kontraktor dan seluruh biaya-biaya yang                        incurred to complete Group’s projects
        dikeluarkan     oleh     Grup      untuk                       under construction, insurance premium and
        menyelesaikan     proyek-proyek    yang                        rent.
        sedang dikerjakan, pembayaran jasa
        asuransi dan sewa.

        Uang muka pihak ketiga merupakan                               Third parties’ advances represent the
        pembayaran di muka kepada pemasok                              advance payments to suppliers and
        dan pembelian barang.                                          inventory purchases.

    b. Uang Muka Jangka Panjang                                    b. Long-term Advances

                                            2023                          2022
         Uang Muka Setoran Modal                 2.728.053.311                            --         Paid in Capital Advances
         Uang Muka Aset                            365.714.604                   20.640.157                  Assets Advances
         Jumlah                                  3.093.767.915                   20.640.157                            Total


        Uang muka modal disetor merupakan                              Paid in capital advances represents paid on
        setoran modal kepada PT Pilar Sinergi                          PT Pilar Sinergi BUMN Indonesia (“PSBI”)
        BUMN Indonesia ("PSBI") yang terdiri dari:                     which consists of:
        1. Setoran          tunai       sebesar                       1. Paid      in    capital  amounting      to
           Rp2.030.804.000          berdasarkan                           Rp2,030,804,000 based on Agreement
           Perjanjian No. KL.705/III/5/KA-2023                            No. KL.705/III/5/KA-2023 dated March
           tanggal 9 Maret 2023.                                          9, 2023.
        2. Setoran tunai sebesar Rp14.630.311                         2. Paid      in    capital  amounting      to
           berdasarkan Perjanjian No. KL.702/V/                           Rp14,630,311 based on Agreement No.
           8/KA-2023 tanggal 23 Mei 2023.                                 KL.702/V/8/KA-2023 dated May 23,
                                                                          2023.
        3. Setoran tunai sebesar Rp682.619.000                        3. Paid      in    capital  amounting      to
           berdasarkan Perjanjian No. KL.705/VI/                          Rp682,619,000 based on Agreement
           13/KA-2023 tanggal 22 Juni 2023.                               No. KL.705/VI/13/KA-2023 dated June
                                                                          22, 2023.

        Pada 31 Desember 2023, sebagian besar                          As of December 31, 2023 most of the
        uang muka aset merupakan uang muka                             advances for assets represent advances
        pembelian rangkaian KA Eksekutif New                           which consists of New Generation Train,
        Generation,    KA      Luxury,    dan                          Luxury Train, and data center construction.
        pembangunan pusat data.




                                                       68
Page 733
PT KERETA API INDONESIA (PERSERO)                                      PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                            AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                 FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                             For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                             December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                  (In Thousand of Rupiah, Unless Otherwise Stated)

12. Perpajakan                                               12. Taxation

    a.   Pajak Dibayar di Muka                                    a. Prepaid Taxes

                                             2023                     2022
         Perusahaan                                                                                   The Company
         Pajak Penghasilan                                                                               Income Tax
          Pasal 28a:                                                                                     Article 28a
           2023                                  128.074.019                     --                           2023
           2022                                   96.201.568            98.709.717                            2022
           2021                                            --           67.009.624                            2021
         Pajak Pertambahan Nilai                 378.611.594           103.540.737                  Value-Added Tax
         Subjumlah                               602.887.181           269.260.078                         Subtotal


         Entitas anak                                                                                   Subsidiaries
         Pajak Penghasilan                                                                               Income Tax
          Pasal 28a:                                                                                     Article 28a:
           2023                                   28.758.711                     --                            2023
           2021                                            --            9.873.157                             2021
         Pajak Pertambahan Nilai                  58.654.531            24.762.782                  Value-Added Tax
         Subjumlah                                87.413.242            34.635.939                         Subtotal
         Jumlah                                  690.300.423           303.896.017                              Total



    b.   Utang Pajak                                               b. Taxes Payable

                                                 2023                  2022
         Perusahaan                                                                                    The Company
         Pajak Penghasilan                                                                                Income Tax
          Pasal 21                               160.887.278             64.991.629                         Article 21
          Pasal 22                                 9.771.232              5.868.954                         Article 22
          Pasal 23                                23.138.521             21.845.785                         Article 23
          Pasal 4 (2)                             29.350.740             12.367.793                      Article 4 (2)
         Pajak Pertambahan Nilai                 342.704.025            141.624.718                  Value-Added Tax
          Subjumlah                              565.851.796            246.698.879                         Subtotal
         Entitas anak                                                                                    Subsidiaries
         Pajak Penghasilan                                                                                Income Tax
          Pasal 21                                26.818.157             21.409.723                         Article 21
          Pasal 23                                 2.010.181              1.552.318                         Article 23
          Pasal 25                                 4.812.198                701.651                         Article 25
          Pasal 29                                12.178.166             32.771.764                         Article 29
          Pasal 4 (2)                              6.503.551              3.264.006                       Article 4 (2)
         Pajak Pertambahan Nilai                   3.571.454              2.934.389                  Value-Added Tax
         Subjumlah                                55.893.707             62.633.851                          Subtotal
         Jumlah                                  621.745.503            309.332.730                              Total




                                                        69
Page 734
PT KERETA API INDONESIA (PERSERO)                                          PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                     FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                 For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                 December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                      (In Thousand of Rupiah, Unless Otherwise Stated)

12. Perpajakan (Lanjutan)                                      12. Taxation (Continued)

    c.   Perhitungan        Taksiran      Pajak                      c. Self-Assessmnet of Corporate Income
         Penghasilan Badan                                              Tax
         Rekonsiliasi antara laba konsolidasian                         Reconciliation between the consolidated
         sebelum pajak penghasilan menurut                              profit before income tax according to the
         laporan laba rugi konsolidasian dengan                         consolidated income statement and taxable
         laba kena pajak, menjadi dasar dalam                           income, which is the basis for filing the
         pengisian SPT PPh Badan adalah sebagai                         Corporate Income Tax Return, are as
         berikut:                                                       follows:

                                                   2023                   2022
         Laba Sebelum Pajak Penghasilan                                                                   Profit Before Income Taxes
          Konsolidasian                           2.247.487.167          2.210.588.300                      Comprehensive Income
         Dikurangi:                                                                                                              Less:
          Laba Entitas Anak- Bersih                 594.715.201            361.975.997                      Subsidiaries Profit - Net
          Efek Eliminasi                          (142.722.771)            (92.430.094)                             Elimination Effect
         Laba Sebelum Pajak                       1.795.494.737          1.941.042.397                             Profit Before Tax
         Beda Waktu:                                                                                             Timing Differences:
         Penyusutan                               (392.039.299)           (272.496.267)                                  Depreciation
         Amortisasi                                (92.599.471)            (43.069.098)                                  Amortization
         Imbalan Pascakerja                         371.994.656             391.642.151                     Post-Employment Benefit
         Penurunan Nilai Aset Tetap                (68.614.849)              72.404.085                   Impairment of Fixed Assets
         Penurunan/(Pemulihan) Nilai Persediaan      27.171.738            (11.944.845)          Impairment/(Recovery) of Inventories
         Penyisihan/(Pemulihan) Penurunan Nilai                                           Allowance/(Recovery) for Impairment Losses
          Aset Keuangan                             (2.351.899)            (59.983.706)                              Financial Assets
         Subjumlah                                (156.439.124)             76.552.320                                      Subtotal
         Beda Tetap:                                                                                        Permanent Differences:
         Beban Tidak Diperkenankan                  379.896.698             431.356.098                    Non-Deductible Expenses
         Pendapatan Bunga                         (161.777.663)            (97.885.674)                             Interest Income
         Pendapatan Sewa                          (850.545.524)           (763.469.835)                              Rent Revenue
         Pendapatan Dividen                                                                                        Dividend Income
          dari Entitas Anak                       (120.420.411)            (86.558.605)                          from Subsidiaries
         Subjumlah                                (752.846.900)           (516.558.016)                                     Subtotal
         Taksiran Penghasilan Kena Pajak           886.208.713           1.501.036.701                   Estimated Taxable Income
         Rugi Fiskal Tahun Sebelumnya:                                                                      Fiscal Losses Prior Year:
          2021                                    (960.090.331)           (990.200.403)                                       2021
          2020                                               --         (1.470.926.629)                                       2020

         Akumulasi Rugi Fiskal                     (73.881.618)           (960.090.331)                 Accumulated Fiscal Losses
         Taksiran Pajak Kini                                                                                  Estimated Current Tax
          Perusahaan                                           --                    --                            of the Company
         Kredit Pajak Penghasilan:                                                                            Income Tax Deduction:
          Pasal 22                                  (7.496.342)             (2.680.982)                                  Article 22
          Pasal 23                                (120.577.677)            (96.028.735)                                  Article 23
         Jumlah Kredit Pajak                      (128.074.019)            (98.709.717)                             Total Tax Credit
         Lebih Bayar Pajak - Perusahaan           (128.074.019)            (98.709.717)           Tax Over Payment - the Company




                                                          70
Page 735
PT KERETA API INDONESIA (PERSERO)                                     PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                           AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                            December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (In Thousand of Rupiah, Unless Otherwise Stated)

12. Perpajakan (Lanjutan)                                     12. Taxation (Continued)

         Rekonsiliasi antara beban pajak dan hasil               Reconciliation between tax expense and
         perkalian laba akuntansi sebelum pajak                  results of multiplication of accounting profit
         dengan tarif pajak yang berlaku adalah                  before tax with prevailing tax rate, are as
         sebagai berikut:                                        follows:

                                              2023                  2022
         Laba Sebelum Pajak Penghasilan                                                     Profit (Loss) Before Income Taxes
          Menurut Laporan Laba Rugi dan                                               According to Consolidated Statement of
          Penghasilan Komprehensif Lain                                                               Profit or Loss and Other
          Konsolidasian                      2.247.487.167          2.210.588.300                     Comprehensive Income
         Dikurangi:                                                                                                        Less:
          Laba Entitas Anak- Bersih           594.715.201             361.975.997                     Subsidiaries Profit - Net
          Efek Eliminasi                     (142.722.771)            (92.430.094)                           Elimination Effect
         Laba Sebelum Pajak                  1.795.494.737          1.941.042.397                            Profit Before Tax
         Pajak yang Dihitung Sesuai                                                                        Tax Calculated at
          Tarif yang Berlaku                   395.008.842             427.029.327                      Applicable Tax Rate
         Koreksi Beda Tetap                  (165.626.318)           (113.642.764)          Permanent Difference Corrections
         Koreksi Rugi Fiskal                             --             55.141.170                       Tax Loss Correction
         Penyesuaian Beban Pajak Kini            2.508.149              (1.446.561)          Current Tax Expense Adjustment
         Penyesuaian Beban Pajak Tangguhan               --           (28.881.902)          Deferred Tax Expense Adjusment
         Beban Pajak Perusahaan               231.890.673             338.199.270              The Company's Tax Expense
         Beban Pajak Entitas Anak             144.048.357             186.399.810                  Subsidiary's Tax Expense
         Beban Pajak Konsolidasian            375.939.030             524.599.080                 Consolidated Tax Expense


    d.   Rincian Beban Pajak                                     d. Details of Tax Expense

                                              2023                  2022
         Perusahaan:                                                                                           The Company:
          Penyesuaian Pajak Tahun Lalu          2.508.149              (1.446.561)                 Prior Year Tax Adjustment
          Pajak Tangguhan                     229.382.524             339.645.831                               Deferred Tax
         Jumlah                               231.890.673             338.199.270                                         Total
         Entitas Anak:                                                                                          Subsidiaries:
          Pajak Kini                          144.914.096             129.815.754                                Current Tax
          Penyesuaian Pajak Tahun Lalu             967.405              1.212.318                  Prior Year Tax Adjustment
          Pajak Tangguhan                      (1.833.144)             55.371.738                               Deferred Tax
         Jumlah                               144.048.357             186.399.810                                         Total
         Konsolidasian:                                                                                        Consolidated:
          Pajak Kini                          144.914.096             129.815.754                                Current Tax
          Penyesuaian Pajak Tahun Lalu          3.475.554               (234.243)                  Prior Year Tax Adjustment
          Pajak Tangguhan                     227.549.380             395.017.569                               Deferred Tax
         Jumlah                               375.939.030             524.599.080                                         Total




                                                     71
Page 736
PT KERETA API INDONESIA (PERSERO)                                                           PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                 AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                      FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                  For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                  December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                       (In Thousand of Rupiah, Unless Otherwise Stated)

12. Perpajakan (Lanjutan)                                                           12. Taxation (Continued)

    e. Pajak Tangguhan                                                                     e. Deferred Tax
       Pajak tangguhan dihitung berdasarkan                                                   Deferred tax is estimated based on the
       pengaruh dari perbedaan temporer antara                                                effect of temporary differences between
       jumlah tercatat aset dan liabilitas menurut                                            the carrying amounts of assets and
       laporan    keuangan      dengan       dasar                                            liabilities for the financial reporting with
       pengenaan pajak aset dan liabilitas.                                                   taxable bases of assets and liabilities.
       Rincian dari aset dan liabilitas pajak                                                 Details of deferred tax assets and liabilities
       tangguhan adalah sebagai berikut:                                                      are as follows:
                                                                                            (Dibebankan)
                                                                                            Dikreditkan ke
                                                                                             Penghasilan
                                                                                           Komprehensif
                                                                   (Dibebankan)             Lain/ Charge
                                                                  Dikreditkan ke             (Credited) to
                                                                    Laba Rugi/                  Other
                                                                Charged (Credited)         Comprehensive
                                            2022                 to Profit or Loss             Income               2023
         Perusahaan:                                                                                                                                   The Company:
         Aset Tetap                        (602.748.453)                (86.248.646)                        --      (688.997.099)                        Fixed Assets
         Aset Takberwujud                    (52.639.550)               (20.371.884)                        --        (73.011.434)                   Intangible Assets
         Rugi Fiskal                         211.219.873               (194.965.916)                        --          16.253.957                           Tax Loss
         Liabilitas Imbalan Kerja          1.174.977.939                  81.838.824                9.633.925       1.266.450.688         Employee Benefits Liabilities
         Penurunan Nilai Aset Tetap                                                                                                        Impairment of Fixed Assets
          dan Persediaan                     133.340.122                 (9.117.485)                           --    124.222.637                    and Inventories
         Cadangan Kerugian                                                                                                                   Allowance for Impairment
          Penurunan Nilai Aset Keuangan      455.478.191                   (517.417)                        --        454.960.774         Losses of Financial Assets
         Subjumlah                         1.319.628.122               (229.382.524)                9.633.925       1.099.879.523                             Subtotal

         Entitas anak:                                                                                                                                  Subsidiaries:
         Aset Tetap                              23.590.937              (2.964.493)                        --         20.626.444                        Fixed Assets
         Aset Hak Guna                              364.284             (66.068.014)                        --       (65.703.730)                 Right of Use Assets
         Liabilitas Sewa                          1.524.324               72.050.885                        --         73.575.209                     Lease Liabilities
         Liabilitas Imbalan Kerja                 2.310.835                (773.583)                2.069.537           3.606.789         Employee Benefits Liabilities
         Penurunan Nilai Aset Tetap               2.653.333                        --                       --          2.653.333          Impairment of Fixed Assets
         Cadangan Kerugian                                                                                                                   Allowance for Impairment
          Penurunan Nilai Piutang             58.276.969                 (1.505.701)                        --        56.771.268              Losses of Receivables
         Beban Pemeliharaan                   24.429.764                   1.094.050                        --        25.523.814               Maintenance Expenses
         Subjumlah                           113.150.446                   1.833.144                2.069.537        117.053.127                             Subtotal
         Jumlah                            1.432.778.568               (227.549.380)               11.703.462       1.216.932.650                                 Total


                                                                                         (Dibebankan)
                                                                                         Dikreditkan ke
                                                                                          Penghasilan
                                                                                        Komprehensif
                                                                 (Dibebankan)            Lain/ Charge
                                                                Dikreditkan ke            (Credited) to
                                                                  Laba Rugi/                 Other
                                                              Charged (Credited)        Comprehensive
                                          2021                 to Profit or Loss            Income                  2022

         Perusahaan:                                                                                                                                     The Company:
         Aset Tetap                       (542.799.274)              (59.949.179)                       --            (602.748.453)                        Fixed Assets
         Aset Takberwujud                   (43.164.348)              (9.475.202)                       --              (52.639.550)                   Intangible Assets
         Rugi Fiskal                        596.589.117             (385.369.244)                       --              211.219.873                            Tax Loss
         Liabilitas Imbalan Kerja         1.267.824.669                75.420.311            (168.267.041)            1.174.977.939         Employee Benefits Liabilities
         Penurunan Nilai Aset Tetap                                                                                                          Impairment of Fixed Assets
          dan Persediaan                   120.039.089                13.301.033                          --               133.340.122                and Inventories
         Cadangan Kerugian                                                                                                                     Allowance for Impairment
          Penurunan Nilai Aset Keuangan     429.051.741                26.426.450                       --              455.478.191         Losses of Financial Assets
         Subjumlah                        1.827.540.994             (339.645.831)            (168.267.041)            1.319.628.122                             Subtotal

         Entitas anak:                                                                                                                                    Subsidiaries:
         Aset Tetap                         19.843.131                  3.747.806                       --                  23.590.937                     Fixed Assets
         Rugi Fiskal                        58.886.632               (58.886.632)                       --                           --                        Tax Loss
         Aset Hak Guna                      (1.251.069)                 1.615.353                       --                     364.284              Right of Use Assets
         Liabilitas Sewa                      2.045.583                 (521.259)                       --                   1.524.324                  Lease Liabilities
         Liabilitas Imbalan Kerja             6.603.129               (7.052.560)               2.760.266                    2.310.835      Employee Benefits Liabilities
         Penurunan Nilai Aset Tetap           2.901.225                 (247.892)                       --                   2.653.333       Impairment of Fixed Assets
         Cadangan Kerugian                                                                                                                     Allowance for Impairment
          Penurunan Nilai Piutang            56.839.585                 1.437.384                         --                58.276.969          Losses of Receivables
         Beban Pemeliharaan                  19.897.351                 4.532.413                         --                24.429.764           Maintenance Expenses
         Pencadangan Bonus                       (1.237)                    1.237                         --                         --                 Bonus Provision
         Cadangan Kerugian                                                                                                                     Allowance for Impairment
          Nilai Kas dan                                                                                                                           Losses of Cash and
          Setara Kas                            (2.412)                     2.412                       --                           --             Cash Equivalents
         Subjumlah                         165.761.918               (55.371.738)               2.760.266                  113.150.446                          Subtotal
         Jumlah                           1.993.302.912             (395.017.569)            (165.506.775)            1.432.778.568                                Total




                                                                           72
Page 737
PT KERETA API INDONESIA (PERSERO)                                                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                               (In Thousand of Rupiah, Unless Otherwise Stated)

12. Perpajakan (Lanjutan)                                                                   12. Taxation (Continued)
     f. Surat Ketetapan Pajak                                                                  f. Tax Assessment Letter
        Tagihan atas Surat Ketetapan Pajak                                                        Claims of Tax Collection Letter of the
        Perusahaan dan Entitas Anak sampai                                                        Company     and     Subsidiaries  until
        31 Desember 2023 adalah sebagai                                                           December 31, 2023 are as follows:
        berikut:
                                                                                                      Nomor                                            Total
           Tahun                                                                                       Hasil                   Tanggal             Tagihan Pajak/
           Pajak/                                        Objek                                      Pemeriksaan/                Terbit/                Total
            Tax                                          Pajak/                                     Examination                Issued              Tax Collection
           Period                                      Tax Object                                  Result Number                 Date                   Rp*)

        Perusahaan/ The Company
            2021       Surat Ketetapan Pajak Kurang Bayar Pajak Penghasilan Pasal 21 Masa
                       Januari-Desember/                                                                                    17 April 2023/
                                                                                                 00016/201/21/093/23                                       86.214.851
                       Tax Underpayment Assessment Letter of Income Tax Article 21 Period                                   April 17, 2023
                       January-December
            2021       Surat Ketetapan Pajak Kurang Bayar PPN Masa November/                                                17 April 2023/
                                                                                                 00079/207/21/093/23                                    1.680.900.935
                       Tax Underpayment Assessment Letter of VAT Period November                                            April 17, 2023
            2021       Surat Ketetapan Pajak Kurang Bayar PPN Masa Desember/                                                17 April 2023/
                                                                                                 00080/207/21/093/23                                   13.654.329.295
                       Tax Underpayment Assessment Letter of VAT Period December                                            April 17, 2023
            2021       Surat Ketetapan Pajak Lebih Bayar Pajak Penghasilan Badan/                                           17 April 2023/
                                                                                                 00022/406/21/093/23                                   (67.009.623.947)
                       Tax Overpayment Assessment Letter of Corporate Income Tax                                            April 17, 2023

        PT Railink
            2019       Surat Tagihan PPh Pasal 4 ayat 2 Masa November/                                                    27 Oktober 2023/
                                                                                                 00046/140/19/093/23                                        23.356.169
                       Tax Collection Letter of income tax Article 4 (2) Period November                                  October 27, 2023
            2019       Surat Tagihan PPh Pasal 4 ayat 2 Masa Oktober/                                                     27 Oktober 2023/
                                                                                                 00045/140/19/093/23                                         1.950.785
                       Tax Collection Letter of Income Tax Article 4 (2) Period October                                   October 27, 2023
            2019       Surat Tagihan PPh Pasal 4 ayat 2 Masa Agustus/                                                     27 Oktober 2023/
                                                                                                 00044/140/19/093/23                                        21.505.384
                       Tac Cellection Letter of Income Tax Article 4 (2) Period August                                    October 27, 2023
            2019       Surat Tagihan PPh Pasal 4 ayat 2 Masa Mei/                                                         27 Oktober 2023/
                                                                                                 00043/140/19/093/23                                        25.206.954
                       Tac Collection Letter of Income Tax Article 4 (2) Period May                                       October 27, 2023
            2019       Surat Tagihan PPh Pasal 4 ayat 2 Masa Februari/                                                    27 Oktober 2023/
                                                                                                 00042/140/19/093/23                                        23.356.169
                       Tax Collection Letter of Income Tax Article 4 (2) Period February                                  October 27, 2023
            2019       Surat Tagihan PPh Pasal 21 Masa Desember/                                                         11 September 2023/
                                                                                                 00152/101/19/093/23                                           332.164
                       Tax Collection Letter of Income Tax Article 21 Period December                                    September 11, 2023
            2023       Surat Tagihan Pajak PPh Pasal 21 Masa Januari/                                                      29 Maret 2023/
                                                                                                 00007/101/23/093/23                                            75.758
                       Tax Collection Letter of Income Tax Article 21 Period January                                       March 29, 2023
            2022       Surat Tagihan Pajak PPh Pasal 21 Masa November/                                                     29 Maret 2023/
                                                                                                 00116/101/22/093/23                                            29.906
                       Tax Collection Letter of Income Tax Article 21 Period November                                      March 29, 2023
            2022       Surat Tagihan Pajak PPh Pasal 21 Masa Oktober/                                                      29 Maret 2023/
                                                                                                 00118/101/22/093/23                                            17.803
                       Tax Collection Letter of Income Tax Article 21 Period October                                       March 29, 2023

        PT Reska Multi Usaha
            2021       Pajak Penghasilan Pasal 23 Masa Desember/
                                                                                                 00022/203/21/093/23   23 Mei 2023/ May 23, 2023             4.290.585
                       Income Tax Article 23 Tax Period December
            2021       Pajak Penghasilan Pasal 21 Masa Januari - Desember/
                                                                                                 00001/201/21/504/23   25 Mei 2023/ May 25, 2023           268.483.868
                       Income Tax Article 21 Tax Period January - December
            2021       Pajak Penghasilan Pasal 21 Masa Januari - Desember/
                                                                                                 00019/201/21/093/23   23 Mei 2023/ May 23, 2023         1.867.341.198
                       Income Tax Article 21 Tax Period January - December
            2021       Pajak Penghasilan Final Pasal 4 (2) Masa Desember/
                                                                                                 00019/240/21/093/23   23 Mei 2023/ May 23, 2023            16.077.956
                       Final Income Tax Article 4 (2) Tax Period December
            2021       Pajak Pertambahan Nilai Barang dan Jasa Masa Desember/
                                                                                                 00087/207/21/093/23   23 Mei 2023/ May 23, 2023           481.973.466
                       Value Added Tax of Goods and Services Period December
            2021       Surat Ketetapan Pajak Lebih Bayar Pajak Penghasilan Badan/                                            23 Mei 2023/
                                                                                                 00024/406/21/093/23                                    (8.905.751.850)
                       Tax Overpayment Assessment Letter of Corporate Income Tax                                             May 23, 2023
         Jumlah/Total                                                                                                                                  (57.759.932.551)

        *) Nilai Penuh                                                                         *) Full Amount

     g. Pemeriksaan Pajak                                                                      g. Tax Assessments
        Pemeriksaan Pajak Tahun 2020                                                              2020’s Tax Assessment
        Perusahaan                                                                                The Company
        Pada     tanggal   10    Agustus     2021,                                                On August 10, 2021, the Company
        Perusahaan       menerima    surat    dari                                                received a letter from the Directorate of Tax
        Direktorat    Jendral    Pajak     dengan                                                 General No. PRIN 00149/WPJ.19/KP.0404/
        No.PRIN00149/WPJ.19/KP.0404/RIK.SIS/                                                      RIK.SIS/2021regarding the examination
        2021 tentang Surat Perintah Pemeriksaan                                                   warrant for tax in 2020 due to fiscal loss
        atas pajak tahun 2020 akibat rugi fiskal                                                  which caused Over payment for Income
        yang menyebabkan SPT PPh Badan lebih                                                      Tax total of Rp236,879,766.
        bayar sejumlah Rp236.879.766.
        Berdasarkan hasil pemeriksaan tersebut,                                                     Based on 2020's Tax Assessment, the
        Perusahaan menerima Surat Ketetapan                                                         Company received a Tax Assessment
        Pajak Lebih Bayar Pajak Penghasilan                                                         Letter for Over Payment Income Tax for the
        tahun 2020 No. 00017/406/20/093/22                                                          year      2020     with    the   number
        tanggal   20   April   2022    sebesar                                                      00017/406/20/093/22 dated April 20, 2022
        Rp276.871.157.                                                                              amounting to Rp276,871,157.

                                                                                       73
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

12. Perpajakan (Lanjutan)                                  12. Taxation (Continued)

        Rugi Fiskal Perusahaan juga mengalami                     Company’s    Tax       Loss   also   have
        koreksi sebesar Rp138.933.086, sehingga                   corrected amount       Rp138,933,086, to
        menjadi Rp1.470.926.629.                                  Rp1,470,926,629.

        Pada tanggal 18 Mei 2022 Perusahaan                       On May 18, 2022, The Company has
        telah menerima restitusi pajak penghasilan                received restitution of corporate income tax
        badan tahun 2020 sebesar Rp239.559.258                    for fiscal year 2020 amounted to
        setelah dikurangi kurang bayar PPN tahun                  Rp239,559,258 after deducted under
        pajak 2020 sebesar Rp37.215.127 dan                       payment of VAT tax year 2020 amounted to
        PPh pasal 21 tahun pajak 2022 sebesar                     Rp37,215,127 and tax article 21 tax year
        Rp96.772.                                                 2022 amounted to Rp96,772.

        Perusahaan juga menerima pengembalian                     The company also received a restitution for
        atas Surat Ketetapan Pajak Lebih Bayar                    the Tax Assessment Letter for Over
        PPN tahun 2020 sebesar Rp5.801.478                        Payment of VAT fiscal year 2020 amount
        berdasarkan:                                              Rp5,801,478 based on:
        a. Surat Ketetapan Pajak Lebih Bayar                      a. Tax Assessment Letter for Over
           PPN Februari 2020 pada tanggal                            payment of VAT period February 2020
           13 Mei 2022 senilai Rp1.241.749;                          on May 13, 2022 amounting to
                                                                     Rp1,241,749;
        b. Surat Ketetapan Pajak Lebih Bayar                      b. Tax Assessment Letter for Over
           PPN April 2020 pada tanggal                               payment of VAT period April 2020 on
           13 Mei 2022 senilai Rp140.702;                            May 13, 2022 in the amount of
                                                                     Rp140,702;
        c. Surat Ketetapan Pajak Lebih Bayar                      c. Tax Assessment Letter for Over
           PPN     Mei   2020     pada   tanggal                     payment of VAT period May 2020 on
           25 Mei 2022 senilai Rp4.419.027.                          May 25, 2022 worth Rp4,419,027.

        RMU                                                       RMU
        Pada tanggal 25 Juni 2022, RMU                            On June 25, 2022, RMU received Tax
        menerima Surat Ketetapan Pajak Lebih                      Overpayment    Assessment     Letter   of
        Bayar Pajak Penghasilan tahun 2020                        Corporate Income Tax year 2020
        No.     00003/406/20/093/22    tanggal                    No.      00003/406/20/093/22        dated
        9 Maret 2022 sebesar Rp6.254.308, Surat                   March 9, 2022 amounting to Rp6,254,308,
        Ketetapan Pajak Kurang Bayar Pajak                        Tax Underpayment Assessment Letter of
        Penghasilan, PPN, dan sanksi sebesar                      Income Tax, VAT, and a penalty amounting
        Rp19.041.677.                                             to Rp19,041,677.

        Pada tanggal 27 April 2022, RMU                           On April 27, 2022, Subsidiary (RMU)
        menerima Surat Keputusan dari Direktorat                  received a letter from the Directorate of Tax
        Jenderal Pajak dengan No. KEP00003/                       General No. KEP 00003/ANGSUR/WPJ.19/
        ANGSUR/WPJ.19/Kp.0404/2022 sampai                         Kp.0404/2022 until No. KEP 000012/
        dengan KEP 000012/ANGSUR/WPJ.19/                          ANGSUR/WPJ.19/KP.0404/2022 regarding
        KP.0404/2022      tentang       Persetujuan               Acceptance of Installment Tax Payment for
        Pengangsuran Pembayaran Pajak selama                      12 months from May 26,2022 until April 26,
        12 bulan dari 26 Mei 2022 hingga 26 April                 2023 with monthly installment amounted to
        2023 dengan jumlah angsuran per bulan                     Rp515,155. On December 31,2023, this
        sebesar Rp515.155. Pada 31 Desember                       obligation have been completed by RMU.
        2023, kewajiban ini telah diselesaikan oleh
        RMU.




                                                      74
Page 739
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

12. Perpajakan (Lanjutan)                                 12. Taxation (Continued)

        Pemeriksaan Pajak Tahun 2021                             2021’s Tax Assessment
        Perusahaan                                               The Company
        Pada tanggal 20 Juli 2022, Perusahaan                    On July 20, 2022, the Company received a
        menerima surat dari Direktorat Jenderal                  letter from the Directorate of Tax General
        Pajak dengan No. PRIN-00163/WPJ.19/                      No.       PRIN     00163/WPJ.19/KP.0404/
        KP.0404/RIK.SIS/2022       tentang  Surat                RIK.SIS/2022 regarding the examination
        Perintah Pemeriksaan atas Tahun Pajak                    warrant for tax in 2021 due to fiscal loss
        2021 akibat rugi fiskal yang menyebabkan                 which caused Over payment for Income
        SPT PPh Badan lebih bayar sejumlah                       Tax total of Rp58,065,300.
        Rp58.065.300.

        Berdasarkan hasil pemeriksaan tahun                      Based on 2021’s Tax Assessment, the
        2021 tersebut, Perusahaan menerima                       Company received a Tax Assessment
        Surat Ketetapan Pajak Lebih Bayar                        Letter for Over Payment Income Tax for the
        Pajak      Penghasilan    tahun     2021                 year      2021     with    the    number
        dengan No. 00022/406/21/093/23 tanggal                   00022/406/21/093/23 dated April 17, 2023
        17 April 2023 sebesar Rp67.009.624.                      amounting to Rp67,009,624.

        Rugi Fiskal Perusahaan juga mengalami                    Company’s Tax Loss also have corrected
        koreksi sebesar Rp111.708.595, sehingga                  amount Rp111,708,595, to Rp990,200,403.
        menjadi Rp990.200.403.

        Pada tanggal 15 Mei 2023, Perusahaan                     On May 15, 2023, The Company has
        telah menerima restitusi pajak penghasilan               received restitution of corporate income tax
        badan tahun 2021 sebesar Rp51.090.496                    for fiscal year 2021 amounted to
        setelah dikurangi utang pajak sebesar                    Rp51,090,496 after less tax payable of
        Rp15.919.128.                                            Rp15,919,128.

        RMU                                                      RMU
        Surat Ketetapan Pajak Kurang Bayar Pajak                 Tax Underpayment Assessment Letter of
        Penghasilan dan Pajak Pertambahan Nilai                  Income Tax and Value Added Tax
        sebesar Rp2.638.167 dibayarkan melalui                   amounting to Rp2,638,167 paid through
        kompensasi Surat Ketetapan Pajak Lebih                   compensation   of   Tax  Overpayment
        Bayar Pajak Penghasilan Badan tahun                      Assessment Letter of Corporate Income
        2021 dengan No. 00024/406/21/093/23                      Tax for 2021 No. 00024/406/21/093/23
        tanggal 23 Mei 2023 sebesar Rp8.905.752.                 dated May 23, 2023 amounting to
                                                                 Rp8,905,752.

        Pada tanggal 16 Juni 2023, RMU telah                     On June 16, 2023, RMU has received
        menerima restitusi pajak penghasilan                     restitution of amounted to Rp1,319,844.
        badan sebesar Rp1.319.844.

    h. Pengampunan Pajak                                     h. Tax Amnesty
       Sehubungan dengan diberlakukannya                        In accordance to the implementation of
       Peraturan Menteri Keuangan No. 118/                      Regulation of the Minister of Finance No.
       PMK.03/2016     tentang   Pelaksanaan                    118/PMK.03/2016 on the Implementation of
       Undang-Undang No. 11 Tahun 2016                          Law No. 11 of 2016 on Tax Amnesty, as
       tentang Pengampunan Pajak sebagaimana                    amended by Regulation of the Minister of
       telah diubah dengan Peraturan Menteri                    Finance     No. 141/PMK.03/2016       and
       Keuangan No. 141/ PMK.03/2016 dan                        Directorate General of Tax Regulation
       Peraturan Direktorat Jenderal Pajak                      No. PER-18/PJ/2016      on    Redemption




                                                     75
Page 740
PT KERETA API INDONESIA (PERSERO)                                     PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                           AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                            December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (In Thousand of Rupiah, Unless Otherwise Stated)

12. Perpajakan (Lanjutan)                                    12. Taxation (Continued)

         No.      PER-18/PJ/2016           tentang                   Payment of Excess Refund in the
         Pengembalian Kelebihan Pembayaran                           framework of Tax Amnesty, subsidiary
         Uang    Tebusan       Dalam       Rangka                    (KALOG) was participated this tax
         Pengampunan    Pajak,     entitas    anak                   amnesty.
         (KALOG)      telah        melaksanakan
         pengampunan pajak ini.

         Aset   pengampunan     pajak sebesar                        Assets of tax amnesty amounting to
         Rp486.081 dicatat sebagai tambahan                          Rp486,081 was recorded as additional
         modal disetor atas pengampunan pajak                        paid-in capital of tax amnesty in subsidiary
         pada entitas anak (KALOG).                                  (KALOG).

    i.   Kontribusi pada Negara                                  i. Contribution to the State
         Grup memberikan kontribusi pada negara                     The Group contributed to the state in the
         dalam bentuk pajak dan Penerimaan                          form of tax and non-tax state revenue
         Negara Bukan Pajak (PNBP) yang                             (PNBP) paid during the year (unaudited)
         dibayarkan selama tahun berjalan (tidak                    with details as follows:
         diaudit) dengan rincian sebagai berikut:

                                                 2023                2022
         Perusahaan                                                                                      The Company
          Pajak Pusat                                                                          Central Governance Tax
            Pajak Penghasilan                   861.048.687            553.643.279                      Income Tax
            Pajak Pertambahan Nilai           2.604.328.921          2.154.886.295                 Value Added Tax
            Subjumlah                         3.465.377.608          2.708.529.574                          Subtotal
          Pajak Daerah                                                                                        Local Tax
            Pajak Bumi Bangunan                   87.764.353           78.113.641              Land and Building Tax
          Penerimaan Negara Bukan Pajak       1.077.439.849           135.691.435                     Non-tax Revenue
          Jumlah                              4.630.581.810          2.922.334.650                                Total

         Entitas Anak                                                                                     Subsidiaries
          Pajak Pusat                                                                          Central Governance Tax
            Pajak Penghasilan                    341.660.965          311.066.731                       Income Tax
            Pajak Pertambahan Nilai              457.002.611          461.784.681                  Value Added Tax
            Subjumlah                            798.663.576          772.851.412                           Subtotal
          Pajak Daerah                                                                                        Local Tax
            Pajak Bumi Bangunan                      392.210            2.221.845              Land and Building Tax
            Pajak Restoran                         9.601.940            5.796.807                    Restaurant Tax
            Pajak Hotel                              483.285              372.569                         Hotel Tax
            Pajak Lainnya                         45.650.695           31.625.715                         Other Tax
            Subjumlah                             56.128.130           40.016.937                           Subtotal
          Penerimaan Negara Bukan Pajak          186.903.764          177.631.861                     Non-tax Revenue
          Jumlah                              1.041.695.470           990.500.210                                 Total
         Jumlah Kontribusi Pajak              5.672.277.280          3.912.834.860               Total Tax Contribution




13. Aset Lancar Lainnya                                      13. Other Current Assets

    Aset lancar lainnya pada tanggal 31 Desember                 Other current assets as December 31, 2023
    2023 dan 2022 masing-masing sebesar                          and 2022 amounted to Rp123,701,643 and
    Rp123.701.643 dan Rp26.370.549.                              Rp26,370,549, respectively.

    Saldo       tersebut   merupakan      beban                  This balance represents deferred expense is
    ditangguhkan atas bagian tagihan TAC PT KCI                  part of the 2023 of PT KCI and PT Railink’s
    dan PT Railink tahun 2023 yang belum                         TAC bill, which has not been taken into account
    diperhitungkan dalam perhitungan pendapatan                  in the calculation of 2023 PSO revenue,
    PSO tahun 2023, serta uang jaminan atas                      security deposit of bank guarantee, and funds
    bank garansi, serta dana sehubungan dengan                   in connection with the use of parking services
    pemakaian jasa parkir yang menggunakan                       that use multitrip card.
    kartu multitrip.

                                                        76
Page 741
PT KERETA API INDONESIA (PERSERO)                                                                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                               (In Thousand of Rupiah, Unless Otherwise Stated)

14. Investasi                                                                                             14. Investment

a.   Investasi Entitas Asosiasi dan Ventura                                                               a. Investment in Associates and Joint Ventures
     Bersama

                                                                                        2023                                2022
     Entitas Asosiasi                                                                                                                                                                     Associates
     PT Moda Integrasi                                                                                                                                                             PT Moda Integrasi
      Transportasi Jabodetabek                                                             28.617.769                          17.307.401                                  Transportasi Jabodetabek
     PT BPRS Baiturridha Pusaka                                                             9.519.838                           8.204.532                                PT BPRS Baiturridha Pusaka
     Ventura Bersama                                                                                                                                                                Joint Ventures
     PT Pilar Sinergi BUMN Indonesia                                                   5.708.376.759                        6.208.789.974                         PT Pilar Sinergi BUMN Indonesia
     KSO Bumi Kalog                                                                       42.005.447                           59.698.827                                            JO Bumi Kalog
     KSO B Kalog                                                                          16.876.931                           16.175.849                                               JO B Kalog
     KSO PT Mega Dasa Semesta                                                              2.973.405                            5.185.454                              JO PT Mega Dasa Semesta
     Jumlah                                                                            5.808.370.149                        6.315.362.037                                                                   Total


     Rincian investasi pada entitas asosiasi dan                                                                  The details of the investment in associates and
     ventura bersama adalah sebagai berikut:                                                                      joint ventures are as follows:
                                                                                                        2023
                                                                                                       Nilai Tercatat
      Nama Entitas Asosiasi                                                          Persentase                               Penambahan
                                                                                                      Penyertaan Awal                               Bagian Laba (Rugi)
      dan Ventura Bersama/                                                          Kepemilikan/                             Tahun Berjalan/                             Pembayaran Dividen/     Nilai Tercatat/
                                      Aktivitas Utama/ Principal Activity                                 Tahun/                                    Bersih/ Portion in
     Name of Associates and                                                         Percentage of                             Additions of                                Dividen Payment        Carrying Value
                                                                                                     Carrying Value at                               Net Profit (Loss)
          Joint Venture                                                              Ownership                                Current Year
                                                                                                     Beginning of Year
     Entitas Asosiasi/ Associates

     PT Moda Integrasi          Pengangkutan darat terintegrasi Jakarta-Bogor-              49,00%            17.307.401           22.050.000             (10.739.632)                      --          28.617.769
     Transportasi Jabodetabek   Depok Tangerang-Bekasi ("Jabodetabek")

     PT BPRS Baiturridha        Pembiayaan dan Jasa perbankan/ Financing                    20,00%             8.204.532                       --            2.611.751             (1.296.445)           9.519.838
     Pusaka                     and Banking services

     Ventura Bersama/ Joint Ventures
     PT Pilar Sinergi BUMN                                                                  51,37%         7.761.031.906                       --        (500.413.215)                      --       7.260.618.691
     Indonesia (PSBI)          Pengangkutan darat, perdagangan, jasa,industri,
                               pembangunan/ Land transportation, trading,
                               services, industry, development
     KSO Bumi Kalog            Pelayanan Logistik di kawasan Waru, Sungai                   45,00%            59.698.827                       --             817.504             (18.510.884)          42.005.447
                               Lagoa dan Kalimas/ Logistics services in Waru,
                               Sungai Lagoa and Kalimas area

     KSO B Kalog                Pelayanan Logistik berbasis angkutan Kereta                 65,00%            16.175.849                       --             701.082                       --          16.876.931
                                Api/ Logistics services with railway based

     KSO PT Mega Dasa           Pembangunan, pemasaran dan pengelolaan                      50,00%             5.185.454                       --             (51.444)                      --           5.134.010
     Semesta                    perkantoran dan pertokoan/ Development,
                                marketing, office management and shopping
                                center
                                             Jumlah/ Total                                                 7.867.603.969           22.050.000            (507.073.954)            (19.807.329)       7.362.772.686
     Dikurangi/ Deducted
     Cadangan Penurunan Nilai Investasi pada PSBI/
       Allowance for Impairment losses of Investment in PSBI                                              (1.552.241.932)                      --                   --                      --      (1.552.241.932)
     Cadangan Penurunan Nilai Investasi pada KSO PT Mega Dasa Semesta/
       Allowance for Impairment losses of Investment in KSO PT Mega Dasa SemestaI                                      --          (2.160.605)                      --                      --          (2.160.605)
       Subjumlah/ Subtotal                                                                                (1.552.241.932)                                           --                      --      (1.554.402.537)
     Jumlah/ Total                                                                                         6.315.362.037                                                                             5.808.370.149




                                                                                                     77
Page 742
PT KERETA API INDONESIA (PERSERO)                                                                                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                                               (In Thousand of Rupiah, Unless Otherwise Stated)

14. Investasi (Lanjutan)                                                                                               14. Investment (Continued)
                                                                                                        2022
      Nama Entitas Asosiasi
                                                                                  Persentase           Nilai Tercatat                                  Penambahan
           dan Ventura                                                                                                                                                       Bagian Laba (Rugi)
                                                                                 Kepemilikan/        Penyertaan Awal           Reklasifikasi//        Tahun Berjalan/                             Pembayaran Dividen/      Nilai Tercatat/
        Bersama/Name of              Aktivitas Utama/ Principal Activity                                                                                                     Bersih/ Portion in
                                                                                 Percentage of    Tahun/ Carrying Value       Reclassification         Additions of                                Dividen Payment         Carrying Value
      Associates and Joint                                                                                                                                                    Net Profit (Loss)
                                                                                  Ownership        at Beginning of Year                                Current Year
             Venture
    Entitas Asosiasi/ Associates
    PT Moda Integrasi           Pengangkutan darat terintegrasi Jakarta-Bogor-           49,00%                 21.561.288                       --          4.900.000              (9.153.887)                     --            17.307.401
    Transportasi Jabodetabek    Depok Tangerang-Bekasi ("Jabodetabek")

    PT BPRS Baiturridha          Pembiayaan dan Jasa perbankan/ Financing                20,00%                  6.802.910                       --                     --            2.089.885              (688.263)             8.204.532
    Pusaka                       and Banking services

    Ventura Bersama/ Joint Ventures
    PT Pilar Sinergi BUMN                                                                51,37%                         --         7.230.581.343           791.878.657            (261.428.094)                     --         7.761.031.906
    Indonesia (PSBI)          Pengangkutan darat, perdagangan, jasa,industri,
                              pembangunan/ Land transportation, trading,
                              services, industry, development
    KSO Bumi Kalog            Pelayanan Logistik di kawasan Waru, Sungai                 45,00%                 59.430.042                       --                     --             268.785                      --            59.698.827
                              Lagoa dan Kalimas/ Logistics services in Waru,
                              Sungai Lagoa and Kalimas area

    KSO B Kalog                  Pelayanan Logistik berbasis angkutan Kereta             65,00%                 15.458.451                       --                     --             717.398                      --            16.175.849
                                 Api/ Logistics services with railway based

    KSO PT Mega Dasa             Pembangunan, pemasaran dan pengelolaan                  50,00%                  5.183.768                       --                     --                1.686                     --             5.185.454
    Semesta                      perkantoran dan pertokoan/ Development,
                                 marketing, office management and shopping
                                 center

                                             Jumlah/ Total                                                     108.436.459         7.230.581.343           796.778.657            (267.504.227)              (688.263)         7.867.603.969

    Dikurangi/ Deducted
    Cadangan Penurunan Nilai Investasi pada PSBI/
      Allowance for Impairment losses of Investment in PSBI                                                             --          (621.466.260)         (930.775.672)                      --                     --        (1.552.241.932)
    Jumlah/Total                                                                                            108.436.459                                                                                                        6.315.362.037




    Manajemen berkeyakinan bahwa cadangan                                                                                      Management believes that the allowance for
    kerugian penurunan nilai investasi cukup untuk                                                                             impairment losses of investment is adequate to
    menutup    kemungkinan       kerugian   akibat                                                                             cover possible losses resulting from any
    penurunan nilai investasi.                                                                                                 decline in the investment value of the
                                                                                                                               inventories.

                                                                                                            2023
              Entitas Asosiasi dan Ventura Bersama/                                               Total Aset/                    Total Liabilitas/                      Total Pendapatan/                    Laba (Rugi) Neto/
                  Associates and Joint Ventures                                                   Total Asset                    Total Liabilities                       Total Revenue                       Net Income (Loss)
    PT Pilar Sinergi BUMN Indonesia                                                               23.263.019.735                       9.006.517.505                                           --                        (974.135.128)
    PT Moda Integrasi Transportasi Jabodetabek                                                        90.381.000                          31.977.390                                  13.228.975                          (21.917.616)
    PT BPRS Baiturridha Pusaka                                                                       240.658.227                         207.831.788                                  39.894.177                            13.058.757
    KSO Bumi Kalog                                                                                    63.369.432                          19.593.802                                  61.243.581                             1.816.675
    KSO B Kalog                                                                                       35.642.324                           9.677.815                                  19.088.721                             1.078.587
    KSO PT Mega Dasa Semesta                                                                          14.240.856                           3.494.665                                           --                            (102.888)


                                                                                                            2022
              Entitas Asosiasi dan Ventura Bersama/                                               Total Aset/                    Total Liabilitas/                      Total Pendapatan/                    Laba (Rugi) Neto/
                  Associates and Joint Ventures                                                   Total Asset                    Total Liabilities                       Total Revenue                       Net Income (Loss)
    PT Pilar Sinergi BUMN Indonesia                                                               21.462.201.000                       8.961.610.000                                           --                        (508.912.000)
    PT Moda Integrasi Transportasi Jabodetabek                                                        81.877.958                          46.556.732                                   6.243.054                          (18.681.402)
    PT BPRS Baiturridha Pusaka                                                                       196.876.568                         166.000.710                                  36.164.464                            16.305.545
    KSO Bumi Kalog                                                                                   105.627.375                          15.255.112                                  57.487.302                               597.300
    KSO B Kalog                                                                                       36.660.604                          11.757.247                                  20.287.459                             1.103.690
    KSO PT Mega Dasa Semesta                                                                          14.240.856                           3.494.666                                           --                                3.373


    PT      Moda       Integrasi   Transportasi                                                                                PT     Moda        Integrasi     Transportasi
    Jabodetabek (MITJ)                                                                                                         Jabodetabek (MITJ)
    MITJ didirikan oleh Perusahaan dan PT Mass                                                                                 MITJ was established by the Company and
    Rapid Transit Jakarta ("MRTJ") berdasarkan                                                                                 PT Mass Rapid Transit Jakarta ("MRTJ")
    Akta Pendirian No. 11 tanggal 11 Februari                                                                                  based on Deed of Establishment No. 11 dated
    2020. Akta tersebut telah memperoleh                                                                                       February 11, 2020. The Deed has obtained
    persetujuan dan pengesahan dari Menteri                                                                                    approval and ratification from the Minister of
    Hukum dan Hak Asasi Manusia Republik                                                                                       Law and Human Rights of the Republic of
    Indonesia No. AHU-0008856.AH.01.01 tanggal                                                                                 Indonesia No. AHU-0008856.AH.01.01 dated
    12 Februari 2020.                                                                                                          February 12, 2020.




                                                                                                               78
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PT KERETA API INDONESIA (PERSERO)                                PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                      AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                       December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (In Thousand of Rupiah, Unless Otherwise Stated)

14. Investasi (Lanjutan)                                 14. Investment (Continued)

    Anggaran Dasar MITJ telah mengalami                     MITJ's Articles of association has been
    perubahan dengan Akta No. 14 tanggal                    amended several times, most recently by
    15 September 2023 oleh Notaris Aulia Taufani,           Notarial     Deed      No.       14      dated
    S.H., mengenai perubahan modal dasar dan                September 15, 2023 of Notary Aulia Taufani,
    modal ditempatkan dan disetor penuh.                    S.H., concerning the changes of authorized
    Perubahan ini telah disahkan oleh Menteri               capital and issued and fully paid capital. The
    Hukum dan Hak Asasi Manusia dalam surat                 amendments were approved by the Minister of
    keputusan No. AHU-0064383.AH.01.02 tanggal              Law and Human Rights in his Decision Letter
    23 Oktober 2023.                                        No. AHU-0064383.AH.01.02 dated October 23,
                                                            2023.

    Pada 31 Desember 2023, modal dasar MITJ                 On December 31, 2023, the authorized capital
    sebesar Rp135.000.000 yang terbagi atas                 of MITJ amounted to Rp135,000,000, consists
    135.000 saham dengan nilai nominal Rp1.000              of 135,000 shares with par value of Rp1,000
    per saham. Jumlah modal ditempatkan dan                 per share. Total issued and fully paid capital
    disetor penuh sebanyak 135.000 saham atau               amounted to 135,000 shares or equivalent to
    sebesar Rp135.000.000 dengan komposisi                  Rp135,000,000      with   shares   ownership
    sebagai berikut:                                        compositions are as follows:
    • MRTJ memiliki 51% atau sebanyak 68.850                • MRTJ owns 51% or 68,850 shares
        saham        dengan    nilai   sebesar                  amounting to Rp68,850,000.
        Rp68.850.000.
    • Perusahaan memiliki 49% atau sebanyak                 •   The Company owns 49% or 66,150 shares
        66.150 saham dengan nilai sebesar                       amounting to Rp66,150,000.
        Rp66.150.000.

    Pada tanggal 31 Desember 2022, Modal dasar              As of December 31, 2022, the authorized
    MITJ sebesar Rp90.000.000 yang terbagi atas             capital of MITJ amounted to Rp90,000,000,
    90.000 saham dengan nilai nominal Rp1.000               consists of 90,000 shares with par value of
    per saham. Jumlah modal ditempatkan dan                 Rp1,000 per share. Total issued and fully paid
    disetor penuh sebanyak 90.000 saham atau                capital amounted to 90,000 shares or
    sebesar Rp90.000.000 dengan komposisi                   equivalent to Rp90,000,000 with shares
    sebagai berikut:                                        ownership compositions are as follows:
    • MRTJ memiliki 51% atau sebanyak 45.900                • MRTJ owns 51% or 45,900 shares
        saham        dengan   nilai    sebesar                 amounting to Rp45,900,000.
        Rp45.900.000.
    • Perusahaan memiliki 49% atau sebanyak                 •   The Company owns 49% or 44,100 shares
        44.100 saham dengan nilai sebesar                       amounting to Rp44,100,000.
        Rp44.100.000.

    PT BPRS Baiturridha Pusaka                              PT BPRS Baiturridha Pusaka
    PT BPRS Baituridha Pusaka didirikan                     PT BPRS Baituridha Pusaka was established
    berdasarkan    Akta    No.      23   tanggal            based on Deed No. 23 dated March 3, 1993
    3 Maret 1993 dibuat di hadapan Wiratni                  made before Wiratni Ahmadi, Notary in
    Ahmadi, Notaris di Bandung. Akta tersebut               Bandung. The Deed has obtained approval
    telah    memperoleh      persetujuan    dan             and ratification from the Minister of Law and
    pengesahan dari Menteri Hukum dan Hak                   Human Rights of the Republic of Indonesia
    Asasi Manusia Republik Indonesia sesuai                 No.      C2-1941      HT.01.01.TH93      dated
    dengan Surat Keputusan No. C2-1941                      April 3, 1993.
    HT.01.01.TH93 tanggal 3 April 1993.




                                                    79
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PT KERETA API INDONESIA (PERSERO)                              PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                    AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                         FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                     For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                     December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (In Thousand of Rupiah, Unless Otherwise Stated)

14. Investasi (Lanjutan)                               14. Investment (Continued)

    Anggaran dasar PT BPRS Baituridha Pusaka              The articles of association of PT BPRS
    telah    mengalami    perubahan,  Adapun              Baituridha Pusaka have been amended, the
    perubahan terakhir anggaran dasar diubah              last amendment to the articles of association
    sesuai dengan Akta Pernyataan Keputusan               was amended in accordance with the Deed of
    Para Pemegang Saham PT BPRS Baiturridha               Statement of the Shareholders of PT BPRS
    Pusaka No. 01 tanggal 1 September 2023                Baiturridha Pusaka No. 01 dated September 1,
    yang dibuat dihadapan Christy Maharani                2023 made before Christy Maharani Akbar,
    Akbar, Sarjana Hukum Notaris di Bandung,              Bachelor of Laws Notary in Bandung, the
    perubahan anggaran dasar tersebut telah               amendment to the articles of association has
    mendapat pengesahan dari Menteri Hukum                been approved by the Minister of Law and
    dan Hak Asasi Manusia Republik Indonesia              Human Rights of the Republic of Indonesia No.
    No. AHU-0055620.AH.01.02 Tahun 2023                   AHU-0055620.AH.01.02.Tahun 2023 dated
    tanggal 15 September 2023.                            September 15, 2023.

    Pada 31 Desember 2023, modal dasar                    As of December 31, 2023, the authorized
    PT BPRS Baituridha Pusaka sebesar                     capital of PT BPRS Baituridha Pusaka
    Rp20.000.000 yang terbagi atas 400.000                amounted to Rp20,000,000, consists of
    saham dengan nilai nominal Rp50 per saham.            400,000 shares with par value of Rp50 per
    Jumlah modal ditempatkan dan disetor penuh            share. Total issued and fully paid capital
    sebanyak 222.816 saham atau sebesar                   amounted to 222,816 shares or equivalent to
    Rp11.140.800 dengan komposisi sebagai                 Rp11,140,800     with     shares  ownership
    berikut:                                              compositions are as follows:
    • Yayasan Pusaka memiliki 80% atau                    • Yayasan Pusaka owns 80% or 178,253
        sebesar 178.253 dengan nilai sebesar                  shares amounting to Rp8.912.650.
        Rp8.912.650.
    • RMU memiliki 20% atau sebesar 44.563                •   RMU owns 20% or 44,563             shares
        dengan nilai sebesar Rp2.228.150.                     amounting to Rp2,228,150.

    PT Pilar Sinergi BUMN Indonesia (PSBI)                PT Pilar Sinergi BUMN Indonesia PSBI
    Anggaran Dasar PSBI telah mengalami                   PSBI's Articles of association has been
    perubahan dengan Akta No. 67 tanggal                  amended several times, most recently by
    21 November 2022 oleh Notaris Mala Mukti,             Notarial      Deed      No.     67   dated
    S.H., LL.M. di Jakarta. Perubahan ini telah           November 21, 2022 of Notary Mala Mukti,
    disahkan oleh Menteri Hukum dan Hak                   S.H.,LL.M. in Jakarta. The amendments were
    Asasi       Manusia       dalam       surat           approved by the Minister of Law and Human
    Keputusan AHU-AH.01.03-0318397 tanggal                Rights      in     his    Decision   Letter
    28 November 2022.                                     No.       AHU-AH.01.03-0318397       dated
                                                          November 28, 2022.

    Modal dasar PSBI pada 31 Desember 2023                The authorized        capital of   PSBI    on
    dan 2022 berjumlah Rp50.000.000 yang                  December 31, 2023 and 2022 amounted to
    terbagi atas 50.000 saham dengan nilai                Rp50,000,000, consists of 50,000 shares with
    nominal Rp1.000 per saham. Jumlah modal               par value of Rp1,000 per share. Total issued
    ditempatkan dan disetor penuh sebanyak                and fully paid capital amounted to 15,620,041
    15.620.041     saham     atau     sebesar             shares or equivalent to Rp15,620,041,000 with
    Rp15.620.041.000 dengan komposisi sebagai             shares ownership compositions are as follows:
    berikut:




                                                  80
Page 745
PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

14. Investasi (Lanjutan)                                   14. Investment (Continued)

    •   Perusahaan      memiliki    51,37%    atau            •   The Company owns 51.37% or 8,023,585
        sebanyak 8.023.585 saham dengan nilai                     shares amounting to Rp8,023,585,000.
        sebesar Rp8.023.585.000.
    •   PT Wijaya Karya (Persero) Tbk memiliki                •   PT Wijaya Karya (Persero) Tbk owns
        39,12% atau sebanyak 6.110.596 saham                      39.12% or 6,110,596 shares amounting to
        dengan nilai sebesar Rp6.110.596.000.                     Rp6,110,596,000.
    •   PT Jasa Marga (Persero) Tbk memiliki                  •   PT Jasa Marga (Persero) Tbk owns 8.30%
        8,30% atau sebanyak 1.297.235 saham                       or 1,297,235 shares amounting to
        dengan nilai sebesar Rp1.297.235.000.                     Rp1,297,235,000.
    •   PT Perkebunan Nusantara VIII (Persero)                •   PT Perkebunan Nusantara VIII (Persero)
        memiliki 1,21% atau sebanyak 188.625                      owns 1.21% or 188,625 shares amounting
        saham       dengan       nilai     sebesar                to Rp188,625,000.
        Rp188.625.000.

    Berdasarkan Surat dari Menteri BUMN                       Based on the letter from the Minister of SOEs
    No. S-491/MBU/08/2022 tanggal 8 Agustus                   No. S-491/MBU/08/2022 dated August 8, 2022
    2022 terkait Persetujuan Rencana Setoran                  regarding Approval for Additional Company
    Modal Perusahaan pada PSBI, menyatakan                    Equity Participation in PSBI, stated that it
    bahwa menyetujui penambahan setoran modal                 approved the additional capital in the form of
    dalam rangka penyelesaian utang piutang                   settlement of a debt interest on shareholder’s
    bunga pinjaman pemegang saham PSBI pada                   loans in intraday amounting to Rp791,878,814.
    hari yang sama (intraday) berupa uang
    sebesar Rp791.878.814.

    Para pemegang saham telah sepakat untuk                   The shareholders have agreed to convert the
    mengkonversi uang muka setoran modal                      additional paid-in capital advance into paid-in
    menjadi modal disetor yang telah tertuang                 capital has been stated in the notarial deed of
    dalam akta notaris Mala Mukti, S.H., LLM                  Mala Mukti, S.H., LLM No.67 dated
    No. 67 tanggal 21 November 2022. Perubahan                November 21, 2022. The amendment was
    ini telah disahkan oleh Menteri Hukum dan hak             approved by the Minister of Law and Human
    Asasi manusia dalam surat keputusan                       Rights in his Decision Letter No. AHU-
    No.        AHU-AH.01.03-0318397        tanggal            AH.01.03-0318397 dated November 28, 2022,
    28 November 2022, sehingga total uang muka                so that total the additional paid-in capital
    setoran modal perusahaan yang dikonversi                  advance of the company’s which is convered
    menjadi setoran modal adalah sebesar                      into     paid-in    capital   amounting      to
    Rp7.230.581.343 dan penyertaan melalui kas                Rp7,230,581,343 and investment through
    sebesar Rp791.878.814.                                    cash amounting to Rp791,878,814.

    Tidak terdapat informasi kuotasi harga                    There is no information of quoted published
    publikasian atas nilai wajar investasi di PSBI.           price on the fair value investment in PSBI.

    KSO Bumi Kalog                                            JO Bumi Kalog
    Berdasarkan Perjanjian Kerja Sama Operasi                 Based on Joint Operation Agreement No. 01,
    No. 01 tanggal 23 Mei 2013, dari Notaris                  dated May 23, 2013 by Notary Yoshsi S.H.,
    Yoshsi S.H., M.Kn., KALOG mengadakan                      M.Kn., KALOG entered into a joint operation
    perjanjian kerja sama operasi dengan PT Bumi              with PT Bumi Wijaya Indorail for a cooperation
    Wijaya Indorail dalam usaha pelayanan logistik            in logistic activities in Waru Station, Sungai
    di kawasan Stasiun Waru, Stasiun Sungai                   Lagowa Station and Kalimas Station areas.
    Lagoa dan Stasiun Kalimas. Komposisi                      The composition of the participation of funding
    penyertaan pendanaan dan pembagian biaya                  and sharing costs and benefits (cost & profit
    serta keuntungan (cost & profit sharing)                  sharing) is as follows:
    masing-masing adalah sebagai berikut:
    • 51% untuk KALOG.                                        •   51% KALOG.
    • 49% untuk PT Bumi Wijaya Indorail.                      •   49% for PT Bumi Wijaya Indorail.

                                                      81
Page 746
PT KERETA API INDONESIA (PERSERO)                                PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                      AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                       December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (In Thousand of Rupiah, Unless Otherwise Stated)

14. Investasi (Lanjutan)                                 14. Investment (Continued)

    Kerja sama ini berlaku selama berlakunya                The agreement is valid in accordance with the
    perjanjian persewaan/pengelolaan kawasan                agreement of rental/management of Waru
    Stasiun Waru, Stasiun Kalimas, Stasiun Lagoa            Station, Kalimas Station, Sungai Lagoa Station
    dan stasiun-stasiun lainnya. Perjanjian kerja           and other stations area. Joint operation
    sama operasi telah mengalami dua kali                   agreement has been amended twice, and
    perubahan dan yang terakhir dengan Akta                 recently by Notarial Deed No. 02 dated June 5,
    Notaris No. 2 Yoshsi S.H., M.Kn., tanggal               2014 of Yoshsi S.H., M.Kn., regarding
    5 Juni 2014 untuk menambah kawasan                      to the expansion          of   Sungai Lagoa
    Stasiun Sungai Lagoa (SAO 1 dan                         Station area (existing SAO 1 and SAO
    SAO 2 menjadi SAO Terpadu) dan perubahan                2 become Integrated SAO) and changes in the
    komposisi    penyertaan    pendanaan     dan            composition of the participation of funding and
    pembagian biaya serta keuntungan masing-                sharing costs and benefits on December 31,
    masing pada 31 Desember 2023 and 2022                   2023 and 2022 as follows:
    sebagai berikut:
    • 45% untuk KALOG.                                      •   45% for KALOG.
    • 55% untuk PT Bumi Wijaya Indorail.                    •   55% for PT Bumi Wijaya Indorail.

    KSO B Kalog                                             JO B Kalog
    Berdasarkan Perjanjian Kerja Sama Operasi               Based on Joint Operation Agreement No. 3
    No. 3 tanggal 10 Agustus 2012 antara KALOG              dated August 10, 2012 between KALOG and
    dengan PT Bintang Laut Platinum dengan                  PT Bintang Laut Platinum with Addendum II
    Addendum II No. 0079.PJ/ KALOG-BLP/2016,                No. 0079.PJ/KALOG-BLP/2016, dated on April
    tanggal 28 April 2016 dalam kegiatan usaha              28, 2016, for the activities of railway-based
    pelayanan logistik berbasis angkutan kereta             logistic delivery services, the composition of
    api, komposisi keuntungan (cost & profit                profits (cost & profit sharing) on December 31,
    sharing) pada 31 Desember 2023 dan 2022                 2023 and 2022 is as follows:
    masing-masing adalah sebagai berikut:
    • 65% untuk KALOG.                                      •   65% for KALOG.
    • 35% untuk PT Bintang Laut Platinum.                   •   35% for PT Bintang Laut Platinum.

    Jangka waktu perjanjian adalah selama kerja             The cooperation is valid in accordance with the
    sama antara KALOG dengan PT Bintang Laut                agreement between KALOG and PT Bintang
    Platinum berlaku.                                       Laut Platinum.

    KSO PT Mega Dasa Semesta                                JO PT Mega Dasa Semesta
    KAPM menandatangani perjanjian kerja sama               KAPM entered into the cooperation agreement
    dengan PT Mega Dasa Semesta dalam                       with PT Mega Dasa Semesta to build and
    membangun dan mengelola aset yang berada                manage the assets in of Waru Sidoarjo.
    di Waru Sidoarjo.

    Berdasarkan      nota kesepahaman     No.               Based on memorandum of understanding No.
    022/DIR.KAPM/PER/ OPTWR/XII/2013 dan                    022/DIR. KAPM/PER/OPTWR/XII/2013 and
    019/KS.MDS/XII.2013 tanggal 20 Desember                 019/KS. MDS/XII/2013 dated December 20,
    2013 antara KAPM dengan PT Mega Dasa                    2013 between KAPM and PT Mega Dasa
    Semesta tentang perjanjian kerja sama                   Semesta     about     joint    operation  for
    pembangunan, pemasaran dan pengelolaan                  development, marketing and management
    komplek perkantoran dan pertokoan di Jl.                office and shopping block at Jl. Brigjen
    Brigjen Katamso, Waru, Sidoarjo dengan                  Katamso, Waru, Sidoarjo with composition of
    komposisi penyertaan modal dan pembagian                fund deposits and profit sharing on December
    keuntungan pada 31 Desember 2023 and 2022               31, 2023 and 2022 as follows:
    sebagai berikut:
    • 50% untuk KAPM.                                       •   50% for KAPM.
    • 50% untuk PT Mega Dasa Semesta.                       •   50% for PT Mega Dasa Semesta.



                                                    82
Page 747
PT KERETA API INDONESIA (PERSERO)                                         PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                    FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                     (In Thousand of Rupiah, Unless Otherwise Stated)

14. Investasi (Lanjutan)                                       14. Investment (Continued)

     Pada 31 Desember 2023 KAPM melakukan                            As of December 31, 2023 the Company has
     cadangan penurunan nilai investasi sebesar                      made a reserve for impairment of investment of
     Rp2.161. Manajemen berpendapat bahwa                            Rp2,161. Management believes that the
     cadangan kerugian penurunan nilai investasi                     allowance     for   impairment     losses    on
     cukup untuk menutupi kerugian yang mungkin                      investments is adequate to cover possible
     timbul dari penurunan nilai investasi tersebut.                 losses from the decline in investment value.

b.   Investasi Jangka Panjang                                 b.     Long-term Investment

     PT Fintek Karya Nusantara                                       PT Fintek Karya Nusantara

                                              2023                     2022

     Saldo Awal Investasi                       24.176.000                54.853.000          Begining Balance of Invesment
     Perubahan Nilai Wajar                      11.571.769              (30.677.000)                    Fair Value Changes
     Saldo Akhir Investasi                      35.747.769                24.176.000         Ending Balance of Investment


     Informasi    tambahan      pada   tanggal                       Additional      information     as       of
     31 Desember 2023 dan 2022 sehubungan                            December 31, 2023 and 2022 related to
     dengan investasi pada PT Fintek Karya                           investment in PT Fintek Karya Nusantara are
     Nusantara adalah sebagai berikut:                               as follows:

                                                                                         Persentase Kepemilikan/
                                                    Jenis Usaha/                         Percentage of Ownership
                     Keterangan                    Type of Busines                          2023 dan/and 2022
     PT Fintek Karya Nusantara           Penyelenggara jasa sistem pembayaran/                    1,82%
                                           Payment system service providers


     Berdasarkan Risalah Sirkuler Keputusan                          Based on Circular Minutes of Shareholder
     Pemegang Saham No. PT KAI Persero                               Decree No. PT KAI Persero KP.303/X/3/KA-
     KP.303/X/3/KA-2019 dan No. Yayasan Pusaka                       2019 and No. Pusaka Foundation 09/RIS-
     09/RIS-KCI/X/2019 tanggal 24 Oktober 2019                       KCI/X/2019 dated October 24, 2019 stated
     menyatakan persetujuan penyertaan modal                         agreement for the capital investment KCI to
     KCI kepada PT Fintek Karya Nusantara                            PT Fintek Karya Nusantara (Finarya) in the
     (Finarya) berupa penyetoran saham sebesar                       form of a 2.03% share of paid-in capital and
     2,03% dari modal disetor dan ditempatkan                        placed by PT Fintek Karya Nusantara or
     PT Fintek Karya Nusantara atau ekuivalen                        equivalent to a capital deposit of Rp37,000,000
     dengan     nilai setoran   modal    sebesar                     which is divided into 3,700 shares, each with a
     Rp37.000.000 yang terbagi atas 3.700 lembar                     par value of Rp10,000.
     saham, masing-masing saham dengan nilai
     nominal Rp10.000.

     Berdasarkan Akta Finarya No. 53 tanggal                         Based on the deed of Finarya No. 53 dated
     8 November 2022 persentase kepemilikan                          November 8, 2022 the percentage of the
     Perusahaan pada Finarya menjadi sebesar                         Company's ownership in Finarya is 1.82% of
     1,82% dari modal disetor dan ditempatkan                        the paid up and issued capital of Finarya.
     Finarya.

     Berdasarkan valuasi kembali dari Laporan                        Based on the re-valuation of the Public
     Kantor Jasa Penilai Publik (KJPP) Tobing                        Appraisal Service Office Report (KJPP),
     Panuturi dan Rekan; Anas Karim Rivai dan                        Tobing Panuturi and Partners; Anas Karim
     Rekan, pada 31 Desember 2023 dan 2022,                          Rivai and Partners, as of December 31, 2022,
     nilai wajar investasi KCI pada Finarya masing-                  the fair value of KCI’s investment in Finarya
     masing      adalah     sebesar   Rp35.747.769                   amounted to Rp35,747,769 and Rp24,176,000.
     Rp24.176.000.


                                                         83
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PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

15. Aset Tetap                                               15. Fixed Assets

                                                       2023
                       Saldo Awal/
                       Beginning         Penambahan/         Reklasifikasi/      Saldo Akhir/
                        Balance            Addition         Reclassification    Ending Balance
    Biaya Perolehan                                                                                   Acquisition Cost
    Sarana:                                                                                                Rolling Stock:
     Lokomotif          9.443.910.756                 --                   --       9.443.910.756            Locomotive
     Kereta             9.278.367.313     1.021.902.779        4.080.401.907       14.380.671.999                  Trains
     Gerbong            4.400.467.290                 --          (4.288.154)       4.396.179.136               Wagons
    Prasarana:                                                                                           Infrastructures:
     Tanah                135.630.829       35.682.701           (4.402.398)          166.911.132                   Land
     Bangunan           2.513.361.125      268.615.872          (30.994.127)        2.750.982.870              Buildings
     Prasarana dan                                                                                  Infrastructures and
      Instalasi         1.358.156.655      142.102.140             (808.210)        1.499.450.585          Installations
    Fasilitas:                                                                                                  Facilities:
     Mesin dan                                                                                           Machinery and
      Peralatan         2.406.317.362      510.299.590            18.243.675        2.934.860.627          Equipments
     Kendaraan             69.741.506        7.220.030            17.721.833           94.683.369               Vehicles
     Inventaris           169.834.925        2.275.354             1.069.565          173.179.844               Supplies
    Aset dalam                                                                                             Assets Under
     Pembangunan        3.923.275.870     1.474.228.828      (3.760.437.691)        1.637.067.007          Construction
    Jumlah             33.699.063.631     3.462.327.294         316.506.400        37.477.897.325                    Total
    Akumulasi                                                                                             Accumulated
     Penyusutan                                                                                           Depreciation
    Sarana:                                                                                                Rolling Stock:
     Lokomotif          3.032.381.316      293.018.225                    --        3.325.399.541            Locomotive
     Kereta             2.940.140.087      388.266.619                    --        3.328.406.706                  Trains
     Gerbong            1.231.454.767      144.971.806           (3.944.988)        1.372.481.585               Wagons
    Prasarana:                                                                                           Infrastructures:
     Bangunan             562.016.515      110.282.255          (21.609.074)         650.689.696               Buildings
     Prasarana dan                                                                                  Infrastructures and
      Instalasi           578.493.084        84.809.241            (708.787)         662.593.538           Installations
    Fasilitas:                                                                                                  Facilities:
     Mesin dan                                                                                           Machinery and
      Peralatan         1.097.209.371      237.520.849                     --       1.334.730.220          Equipments
     Kendaraan             51.300.066        7.803.738                     --          59.103.804               Vehicles
     Inventaris           130.057.831       13.430.993                     --         143.488.824               Supplies
    Jumlah              9.623.053.037     1.280.103.726         (26.262.849)       10.876.893.914                  Total
    Penurunan Nilai                                                                                       Fixed Assets
     Aset Tetap                                                                                            Impairment
    Sarana:                                                                                               Rolling Stock:
     Lokomotif            139.986.421        19.500.622                    --        159.487.043            Locomotive
     Kereta                         --       48.464.088                    --         48.464.088                 Trains
     KRD                            --       11.090.000                    --         11.090.000                  KRD
     Gerbong               11.331.276                 --                   --         11.331.276               Wagons
    Jumlah                151.317.697        79.054.710                    --        230.372.407                     Total
    Nilai Tercatat     23.924.692.897                                              26.370.631.004    Carrying Amount




                                                       84
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PT KERETA API INDONESIA (PERSERO)                                     PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                           AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                            December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (In Thousand of Rupiah, Unless Otherwise Stated)

15. Aset Tetap (Lanjutan)                                     15. Fixed Assets (Continued)

                                                        2022
                        Saldo Awal/
                        Beginning         Penambahan/         Reklasifikasi/      Saldo Akhir/
                         Balance            Addition         Reclassification    Ending Balance
    Biaya Perolehan                                                                                    Acquisition Cost
    Sarana:                                                                                                 Rolling Stock:
     Lokomotif           8.762.204.836      578.661.640          103.044.280         9.443.910.756            Locomotive
     Kereta              9.113.501.783      166.049.585           (1.184.055)        9.278.367.313                  Trains
     Gerbong             3.671.667.328      629.851.194           98.948.768         4.400.467.290               Wagons
    Prasarana:                                                                                            Infrastructures:
     Tanah                 122.526.652                --           13.104.177          135.630.829                   Land
     Bangunan            2.472.230.979       32.951.717             8.178.429        2.513.361.125              Buildings
     Prasarana dan                                                                                   Infrastructures and
      Instalasi          1.279.588.125       17.016.806            61.551.724        1.358.156.655          Installations
    Fasilitas:                                                                                                   Facilities:
     Mesin dan                                                                                            Machinery and
      Peralatan          1.983.575.299      373.285.448            49.456.615        2.406.317.362          Equipments
     Kendaraan              63.966.839        4.903.269               871.398           69.741.506               Vehicles
     Inventaris            147.229.193        6.677.713            15.928.019          169.834.925               Supplies
    Aset dalam                                                                                              Assets Under
     Pembangunan         3.700.669.588     1.000.846.786        (778.240.504)        3.923.275.870          Construction
    Jumlah              31.317.160.622     2.810.244.158        (428.341.149)       33.699.063.631                    Total
    Akumulasi                                                                                              Accumulated
     Penyusutan                                                                                            Depreciation
    Sarana:                                                                                                 Rolling Stock:
     Lokomotif           2.685.662.618      346.718.698                    --        3.032.381.316            Locomotive
     Kereta              2.623.502.982      317.260.235             (623.130)        2.940.140.087                  Trains
     Gerbong             1.096.795.669      134.659.098                    --        1.231.454.767               Wagons
    Prasarana:                                                                                            Infrastructures:
     Bangunan               466.379.667     102.627.586           (6.990.738)         562.016.515               Buildings
     Prasarana dan                                                                                   Infrastructures and
      Instalasi             491.901.899      86.591.185                     --        578.493.084           Installations
    Fasilitas:                                                                                                   Facilities:
     Mesin dan                                                                                            Machinery and
      Peralatan             886.961.041     210.326.353              (78.023)        1.097.209.371          Equipments
     Kendaraan               46.498.178       4.801.888                    --           51.300.066               Vehicles
     Inventaris             110.138.072      19.919.759                    --          130.057.831               Supplies
    Jumlah               8.407.840.126     1.222.904.802          (7.691.891)        9.623.053.037                    Total
    Penurunan Nilai                                                                                        Fixed Assets
     Aset Tetap                                                                                             Impairment
    Sarana:                                                                                                Rolling Stock:
     Lokomotif               47.912.089      92.074.332                     --        139.986.421            Locomotive
     Gerbong                    446.327      10.884.949                     --         11.331.276               Wagons
    Jumlah                   48.358.416     102.959.281                     --        151.317.697                     Total
    Nilai Tercatat      22.860.962.080                                              23.924.692.897    Carrying Amount


    Penurunan nilai pada Aset Tetap dikarenakan                   Impairment of Fixed Assets was due to several
    beberapa aset tetap sarana mengalami                          fixed assets of rolling stock being damaged
    kerusakan akibat adanya Kecelakaan Kereta                     due to a Train Accident in 2023 and 2022,
    Api di tahun 2023 dan 2022 serta beberapa                     several other rolling stock not in a ready to
    sarana lainnya tidak dalam kondisi siap operasi               operate condition so that their acquisition value
    sehingga nilai perolehannya harus diturunkan.                 had to be impaired.




                                                        85
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PT KERETA API INDONESIA (PERSERO)                                       PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                             AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                  FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                              For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                              December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                   (In Thousand of Rupiah, Unless Otherwise Stated)

15. Aset Tetap (Lanjutan)                                      15. Fixed Assets (Continued)

    Pada 31 Desember 2023 dan 2022, Grup                            On December 31, 2023 and 2022, the Group
    melakukan reklasifikasi aset sebagai berikut                    reclassified assets are as follows (Notes 15,
    (Catatan 15, 16, 17, 18, dan 20):                               16, 17, 18, and 20):

                                                           2023
                                Saldo Sebelum
                             Reklasifikasi/ Balance    Reklasifikasi/             Saldo Setelah
                                    Before            Reclassification        Reklasifikasi/ Balance
                               Reclassification                               After Reclassification
    Biaya Perolehan:                                                                                             Acquisition Cost:
    Aset Tetap                      33.699.063.631            316.506.400            34.015.570.031                     Fixed Asset
    Properti Investasi                 186.960.302            110.545.623               297.505.925          Investment Properties
    Hak Pengoperasian                                                                                         Infrastructure Assets
      Aset Prasarana                24.805.063.930          (433.711.651)            24.371.352.279             Operating Rights
    Aset Takberwujud                   743.325.986              2.324.039               745.650.025                Intangible Assets
    Aset Lain-lain                               --             4.335.589                 4.335.589                    Other Assets
    Subjumlah                       59.434.413.849                      --           59.434.413.849                        Subtotal
    Akumulasi penyusutan:                                                                              Accumulated Depreciation:
    Aset Tetap                       9.623.053.037            (26.262.849)            9.596.790.188                 Fixed Assets
    Properti Investasi                  60.874.747              22.317.861               83.192.608         Investment Properties
    Aset Lain-lain                               --              3.944.988                3.944.988                 Other Assets
    Subjumlah                        9.683.927.784                       --           9.683.927.784                     Subtotal
    Nilai Tercatat                  49.750.486.065                                   49.750.486.065             Carrying Amount


                                                            2022
                                Saldo Sebelum
                             Reklasifikasi/ Balance    Reklasifikasi/             Saldo Setelah
                                    Before            Reclassification        Reklasifikasi/ Balance
                               Reclassification                               After Reclassification
    Biaya Perolehan:                                                                                             Acquisition Cost:
    Aset Tetap                      31.317.160.622          (428.341.149)            30.888.819.473                     Fixed Asset
    Properti Investasi                 146.832.414             40.127.888               186.960.302          Investment Properties
    Hak Pengoperasian                                                                                         Infrastructure Assets
      Aset Prasarana                21.385.819.023            417.506.380            21.803.325.403             Operating Rights
    Aset Lain-lain                      30.555.196            (29.293.119)                1.262.077                    Other Assets
    Subjumlah                       52.880.367.255                       --          52.880.367.255                       Subtotal
    Akumulasi penyusutan:                                                                              Accumulated Depreciation:
    Aset Tetap                       8.407.840.126             (7.691.891)             8.400.148.235                Fixed Assets
    Properti Investasi                  50.452.796               6.990.738                57.443.534        Investment Properties
    Aset Lain-lain                               --                701.153                   701.153                Other Assets
    Subjumlah                        8.458.292.922                       --           8.458.292.922                      Subtotal
    Nilai Tercatat                  44.422.074.333                                   44.422.074.333              Carrying Amount


    Aset tetap tersebut di atas merupakan aset                      Those fixed assets above represents the
    tetap pemilikan langsung Grup.                                  Group direct acquisition fixed assets.

    Perusahaan memiliki aset tanah yang telah                       The Company has certified land assets of
    bersertifikat seluas 144.515.069 m2. Bentuk                     144,515,069 sqm. The certificates consist of
    sertifikat tersebut berupa Hak Guna Bangunan,                   Right of use of Structure, Right of Use and
    Hak Pakai dan Hak Pengelolaan dengan                            Right of Management with the term of usage
    jangka waktu pemakaian berakhir antara tahun                    ended between 2024 up to 2053. Management
    2024 sampai dengan 2053. Manajemen                              believes the land rights are able to be
    berkeyakinan bahwa hak atas tanah tersebut                      extended.
    dapat diperpanjang.

    Terdapat aset tetap dijadikan sebagai jaminan                   Some fixed assets are used as collateral for
    atas fasilitas pinjaman (Catatan 28).                           loans (Note 28).




                                                         86
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PT KERETA API INDONESIA (PERSERO)                                PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                      AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                       December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (In Thousand of Rupiah, Unless Otherwise Stated)

15. Aset Tetap (Lanjutan)                                15. Fixed Assets (Continued)

    Penyusutan sebesar Rp1.280.103.726 dan                  Depreciation amounted Rp1,280,103,726 and
    Rp1.222.904.802 untuk tahun-tahun yang                  Rp1,222,904,802 for the years ended on
    berakhir pada tanggal 31 Desember 2023 dan              December 31, 2023 and 2022, respectively,
    2022, dibebankan pada akun beban angkutan               are charged as transportation and other
    dan usaha lainnya dan beban usaha.                      operating cost and operating expense.

    Biaya perolehan bruto dari setiap aset tetap            The acquisition costs of fixed assets which
    yang telah disusutkan penuh dan masih                   have been fully depreciated and are still in use
    digunakan pada tanggal 31 Desember 2023                 as of December 31, 2023 and 2022 amounted
    dan     2022     masing-masing      sebesar             to Rp1,642,187,542 and Rp1,483,954,503.
    Rp1.642.187.542 serta Rp1.483.954.503.

    Perusahaan mengasuransikan aset sarana                  The Company has insured rolling stock assets
    pada PT Asuransi Wahana Tata untuk periode              to PT Asuransi Wahana Tata for 3 years
    3 tahun mulai 30 Oktober 2022 sampai dengan             started from October 30, 2022 until October 30,
    30 Oktober 2025, dengan kondisi semua risiko            2025 for all risks such as earthquake, terrorism
    seperti gempa bumi, terorisme dan sabotase              and sabotage with the coverages are as
    dengan nilai pertanggungan sebagai berikut:             follows:
    1. Polis semua risiko properti, pada saat               1. All property risks insurance, while in
        operasi adalah 10% dari kerugian atau                    operation is 10% of loss, at minimum
        minimal USD35,000 (nilai penuh) setiap                   USD35,000 (full amount) each loss. While
        kerugian. Pada saat di Depo atau Balai                   in Depo or Workshop is 10% of loss, or at
        Yasa adalah 10% dari kerugian, atau                      minimum USD350,000 (full amount) each
        minimal USD350,000 (nilai penuh) setiap                  loss.
        mengalami kerugian.
    2. Polis gempa bumi, pada saat operasi                  2. Earthquake insurance, while in operation
        adalah 10% dari kerugian atau minimal                  10% of loss, minimum USD35,000 (full
        USD35,000 (nilai penuh) setiap kerugian.               amount) each loss. While in Depo or
        Pada saat di Depo atau Balai Yasa adalah               Workshop 10% of loss, or at minimum
        10%     dari kerugian,    atau   minimal               USD350,000 (full amount) each loss.
        USD350,000       (nilai penuh)     setiap
        mengalami kerugian.
    3. Polis terorisme dan sabotase sebesar                 3. Terrorism and sabotage insurance of
        USD250,000       (nilai penuh)     setiap              USD250,000 (full amount) each loss.
        mengalami kerugian.

    Manajemen     berpendapat     bahwa    nilai            Management believes that the insurance
    pertanggungan tersebut cukup untuk menutupi             coverages are adequate to cover possible
    kemungkinan kerugian atas aset yang                     losses over the insured assets.
    dipertanggungkan.




                                                    87
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PT KERETA API INDONESIA (PERSERO)                                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                (In Thousand of Rupiah, Unless Otherwise Stated)

15. Aset Tetap (Lanjutan)                                                 15. Fixed Assets (Continued)

    Pada tanggal 31 Desember 2023 dan 2022                                      As of December 31, 2023 and 2022, assets
    aset dalam pembangunan terdiri dari:                                        under construction consist of:

                                                                       2023
                                                                                Persentase         Estimasi
                                 Nilai Tercatat/      Nilai Kontrak/           Penyelesaian/     Penyelesaian/
                                Carrying Amount      Total Contracts           Percentage of      Estimated
                                       Rp                   Rp                  Completion        Completion
    Sarana                            161.105.445          250.513.645                  64,31%       2024                       Rolling Stock
    Prasarana                                                                                                                    Infrastucture
     Proyek Prasarana Lainnya        1.388.797.147        1.646.569.560                 84,34%       2024        Other Infrastructure Project
    Fasilitas                           87.164.415           97.417.044                 89,48%       2024                            Facilities
    Jumlah                           1.637.067.007        1.994.500.249                                                                  Total

                                                                       2022
                                                                                Persentase         Estimasi
                                 Nilai Tercatat/      Nilai Kontrak/           Penyelesaian/     Penyelesaian/
                                Carrying Amount      Total Contracts           Percentage of      Estimated
                                       Rp                   Rp                  Completion        Completion
    Sarana                           3.125.471.746        3.964.844.427                 78,83%       2023                       Rolling Stock
    Prasarana                                                                                                                    Infrastucture
     Proyek Jabodetabek                 5.267.117         2.145.617.337                 97,18%       2023               Jabodetabek Project
     Proyek Prasarana Lainnya         761.924.537         1.155.194.684                 65,96%       2023        Other Infrastructure Project
    Fasilitas                          30.612.470            30.623.800                 99,96%       2023                            Facilities
    Jumlah                           3.923.275.870        7.296.280.248                                                                  Total



    Proyek Jabodetabek merupakan proyek                                         The Jabodetabek project is a railway
    pengembangan prasarana perkeretaapian                                       infrastructure    development         project    in
    sehubungan dengan pengembangan kereta                                       connection with the development of commuter
    komuter      untuk     wilayah    Jabodetabek,                              trains for the Jabodetabek area, while other
    sedangkan       proyek     prasarana   lainnya                              infrastructure project is a railway infrastructure
    merupakan proyek pengembangan prasarana                                     development       project     related     to   the
    perkeretaapian       sehubungan        dengan                               development of buildings and other supporting
    pengembangan bangunan dan aktivitas-                                        work activities such as conveyor work,
    aktivitas pekerjaan penunjang lainnya seperti                               e-ticketing     work       infrastructure     and
    pekerjaan conveyor, infrastruktur pekerjaan                                 station        emplacement           development.
    e-ticketing dan pengembangan emplasemen                                     On December 31, 2023, all assets under
    stasiun. Pada 31 Desember 2023, seluruh aset                                construction in the Jabodetabek project have
    dalam pembangunan proyek Jabodetabek                                        been 100% completed.
    telah selesai 100%.




                                                                  88
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PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

16. Properti Investasi                                        16. Investment Properties

                                                          2023
                          Saldo Awal/      Penambahan/         Reklasifikasi/       Saldo Akhir/
                       Beginning Balance     Addition         Reclassification     Ending Balance
     Biaya Perolehan                                                                                  Acquisition Cost
      Tanah                    8.278.976               --             4.354.962          12.633.938              Land
      Bangunan               178.681.326      37.901.562            106.190.661         322.773.549         Buildings
     Jumlah                  186.960.302      37.901.562            110.545.623         335.407.487             Total
     Akumulasi                                                                                           Depreciation
      Penyusutan                                                                                        accumulated:
      Bangunan                60.874.747       5.309.210             22.317.861          88.501.818         Buildings
     Jumlah                   60.874.747       5.309.210             22.317.861          88.501.818             Total
     Nilai Tercatat          126.085.555                                                246.905.669   Carrying Amount


                                                          2022
                          Saldo Awal/      Penambahan/         Reklasifikasi/       Saldo Akhir/
                       Beginning Balance     Addition         Reclassification     Ending Balance
     Biaya Perolehan                                                                                  Acquisition Cost
      Tanah                   21.383.153                 --         (13.104.177)          8.278.976              Land
      Bangunan               125.449.261                 --           53.232.065        178.681.326         Buildings
     Jumlah                  146.832.414                 --          40.127.888         186.960.302             Total
     Akumulasi                                                                                           Depreciation
      Penyusutan                                                                                        accumulated:
      Bangunan                50.452.796       3.431.213              6.990.738          60.874.747         Buildings
     Jumlah                   50.452.796       3.431.213              6.990.738          60.874.747             Total
     Nilai Tercatat           96.379.618                                                126.085.555   Carrying Amount


    Dasar pengklasifikasian properti investasi atas              Investment properties of land and buildings are
    tanah dan bangunan adalah luas tanah dan                     classified based on the amount of land and
    bangunan pada aset tetap yang disewakan                      buildings leased to third parties.
    kepada pihak ketiga.

    Pada 31 Desember 2023 dan 2022,                              As of December 31, 2023 and 2022, the
    Perusahaan melakukan reklasifikasi atas aset                 Company reclassifies the rental fixed assets
    tetap yang disewakan ke dalam aset properti                  into investment properties (Note 15).
    investasi (Catatan 15).

    Penyusutan   sebesar    Rp5.309.210    dan                   Depreciation amounted Rp5,309,210 and
    Rp3.431.213 untuk tahun-tahun yang berakhir                  Rp3,431,213 for the years ended on
    pada tanggal 31 Desember 2023 dan 2022,                      December 31, 2023 and 2022, respectively,
    dibebankan pada akun beban operasi tidak                     are charged as indirect operating expenses.
    langsung.

    Pendapatan atas optimalisasi aset masing-                    Income generated from optimization of assets
    masing     sebesar     Rp649.662.475   dan                   amounted Rp649,662,475 dan Rp630,197,305
    Rp630.197.305 untuk tahun-tahun yang                         for the years ended on December 31, 2023
    berakhir pada tanggal 31 Desember 2023 dan                   and 2022, respectively (Note 38).
    2022 (Catatan 38).

    Beban atas optimalisasi aset masing-masing                   Expenses generated from optimization of
    sebesar Rp511.938.878 dan Rp648.309.642                      assets amounted to Rp511,938,878 dan
    untuk tahun-tahun yang berakhir pada tanggal                 Rp648,309,642 for the years ended on
    31 Desember 2023 dan 2022 (Catatan 39).                      December 31, 2023 and 2022, respectively
                                                                 (Note 39).




                                                      89
Page 754
PT KERETA API INDONESIA (PERSERO)                                          PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                     NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                     FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                 For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                 December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                      (In Thousand of Rupiah, Unless Otherwise Stated)

16. Properti Investasi (Lanjutan)                                  16. Investment Properties (Continued)
    Properti investasi Perusahaan terdiri atas aset                    The Company's investment properties consist
    yang berupa tanah dan bangunan. Bagian                             of assets in the form of land and buildings. The
    yang dipergunakan untuk kegiatan operasional                       portion used for operational activities is
    dicatat sebagai Aset Tetap, sedangkan bagian                       recorded as Fixed Assets, while the portion
    yang disewakan kepada pihak berelasi dan                           that is leased to related parties and third
    pihak ketiga dicatat sebagai properti investasi.                   parties is recorded as investment property.
    Nilai wajar properti investasi sebesar                             Fair value of investment properties amounted
    Rp1.571.944.551 dan Rp1.357.998.427 pada                           to Rp1,571,944,551 and Rp1,357,998,427 for
    tahun-tahun yang berakhir pada tanggal                             the years ended on December 31, 2023 and
    31 Desember 2023 dan 2022.                                         2022.

17. Hak Pengoperasian Aset Prasarana                               17. Infrastructure Assets Operating Rights
                                                              2023
                              Saldo Awal/       Penambahan/           Reklasifikasi/          Saldo Akhir/
                           Beginning Balance      Addition           Reclassification        Ending Balance
    Biaya Perolehan                                                                                                Acquisition Cost
    Hak Pengoperasian                                                                                           Infrastructure Assets
     Aset Prasarana -                                                                                             Operating Rights -
      Konsesi                   2.414.560.954                 --        25.920.800.081         28.335.361.035           Concession
      Non-Konsesi               2.061.358.529                 --           295.588.024          2.356.946.553     Non-Concession
    Pekerjaan dalam                                                                                                  Construction in
     Proses Konstruksi -                                                                                                Progress -
      Konsesi                  19.041.688.791     7.342.248.533       (26.001.940.119)            381.997.205           Concession
      Non-Konsesi               1.287.455.656       412.580.234          (648.159.637)          1.051.876.253     Non-Concession
    Jumlah                     24.805.063.930     7.754.828.767          (433.711.651)         32.126.181.046                  Total

    Akumulasi                                                                                                           Accumulated
     Penyusutan                                                                                                         Depreciation
    Hak Pengoperasian                                                                                           Infrastructure Assets
     Aset Prasarana -                                                                                             Operating Rights -
      Konsesi                    384.554.965       254.136.067                          --        638.691.032            Concession
      Non-konsesi                683.564.949       106.249.401                          --        789.814.350       Non-concession
    Jumlah                      1.068.119.914      360.385.468                          --      1.428.505.382                  Total

    Nilai Tercatat             23.736.944.016                                                  30.697.675.664     Carrying Amount

                                                              2022
                              Saldo Awal/       Penambahan/           Reklasifikasi/          Saldo Akhir/
                           Beginning Balance      Addition           Reclassification        Ending Balance

    Biaya Perolehan                                                                                                Acquisition Cost
    Hak Pengoperasian                                                                                           Infrastructure Assets
     Aset Prasarana -                                                                                             Operating Rights -
      Konsesi                   2.414.560.954                 --                        --      2.414.560.954           Concession
      Non-Konsesi               2.061.358.529                 --                        --      2.061.358.529     Non-Concession
    Pekerjaan dalam                                                                                                  Construction in
     Proses Konstruksi -                                                                                                Progress -
      Konsesi                  16.366.186.678     2.610.567.346             64.934.767         19.041.688.791           Concession
      Non-Konsesi                 543.712.862       391.171.181            352.571.613          1.287.455.656     Non-Concession
    Jumlah                     21.385.819.023     3.001.738.527            417.506.380         24.805.063.930                  Total

    Akumulasi                                                                                                           Accumulated
     Penyusutan                                                                                                         Depreciation
    Hak Pengoperasian                                                                                           Infrastructure Assets
     Aset Prasarana -                                                                                             Operating Rights -
      Konsesi                    303.224.232        81.330.733                          --        384.554.965            Concession
      Non-konsesi                579.444.389       104.120.560                          --        683.564.949       Non-concession
    Jumlah                       882.668.621       185.451.293                          --      1.068.119.914                  Total

    Nilai Tercatat             20.503.150.402                                                  23.736.944.016     Carrying Amount




                                                           90
Page 755
PT KERETA API INDONESIA (PERSERO)                                           PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                      FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                  For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                  December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                       (In Thousand of Rupiah, Unless Otherwise Stated)

17. Hak    Pengoperasian             Aset       Prasarana            17. Infrastructure      Assets       Operating        Rights
    (Lanjutan)                                                           (Continued)

    Amortisasi sebesar Rp360.385.468 dan                                Depreciation amounted Rp360,385,468 and
    Rp185.451.293 untuk tahun-tahun yang                                Rp185,451,293 for the years ended on
    berakhir pada tanggal 31 Desember 2023 dan                          December 31, 2023 and 2022, respectively,
    2022, dibebankan pada akun beban operasi                            are charged as indirect operating expenses.
    tidak langsung.

    Pada tanggal 31 Desember 2023 Grup                                  On December 31, 2023, the Group reclassified
    mereklasifikasi sebagian pekerjaan dalam                            the part of construction on progress of
    proses kontruksi hak pengoperasian aset                             infrastructure assets operating rights to fixed
    prasarana      ke  aset     tetap sebesar                           assets      amounted     to    Rp433,711,651
    Rp433.711.651 (Catatan 15).                                         (Note 15).

    Perusahaan mempunyai 5 (lima)                      hak              The Company has 5 (five) infrastructure assets
    pengoperasian aset prasarana yaitu:                                 operating rights, as follows:
                                                     2023                 2022
    Nilai Tercatat Hak Pengoperasian                                                          Carrying Amount of Infrastructure Assets
     Aset Prasarana                                                                                                 Operating Rights
    Hak Pengoperasian Aset Prasarana -                                                      Infrastructure Assets Operating Rights -
     Konsesi                                                                                                    Service Concession
     Proyek LRT Jabodebek                          25.777.420.339       19.041.688.791                        LRT Jabodebek Project
     Kereta Api Bandara Soekarno Hatta              1.948.675.256        2.030.005.989                Airport Railway Soekarno Hatta
     Proyek Reaktivasi Cibatu-Garut                   352.571.613                    --             Reactivation Cibatu-Garut Project
    Subjumlah                                      28.078.667.208       21.071.694.780                                       Subtotal
    Hak Pengoperasian Aset Prasarana -                                                      Infrastructure Assets Operating Rights -
     Non-Konsesi                                                                                           Non-Service Concession
     Jalur Ganda Sumatra Selatan                    2.605.375.913        2.297.563.031                  Double Track South Sumatra
     Proyek Reaktivasi Cibatu-Garut                             --         352.571.613              Reactivation Cibatu-Garut Project
     Jalur KA Araskabu-Bandar Udara Kualanamu          13.632.543           15.114.592    Araskabu-Bandar Udara Kualanamu's Track
    Subjumlah                                       2.619.008.456        2.665.249.236                                       Subtotal
    Jumlah                                         30.697.675.664       23.736.944.016                                           Total


    KA Bandara Soekarno-Hatta                                           Soekarno-Hatta Airport Train
    Berdasarkan Peraturan Presiden Republik                             Based on Presidential Regulation of Republic
    Indonesia No. 83 tahun 2011, Pemerintah                             of Indonesia No. 83 in 2011, the Government
    menugaskan           Perusahaan          untuk                      assigned the Company to operate the rolling
    menyelenggarakan prasarana dan sarana                               stock and railway infrastructure of Soekarno-
    perkeretaapian Bandar Udara Soekarno-Hatta                          Hatta Airport via Tangerang and also the rolling
    via Tangerang serta prasarana dan sarana                            stock and railway infrastructure of Jakarta –
    perkeretaapian Jalur Lingkar Jakarta-Bogor-                         Bogor – Depok – Tangerang – Bekasi
    Depok-Tangerang-Bekasi          (Jabodetabek).                      (Jabodetabek) Circular Line. The Company
    Perusahaan memiliki hak konsesi atas                                has concession right to operate the railway
    penyelenggaraan prasarana perkeretaapian                            infrastructure of Soekarno-Hatta Airport for
    Bandar    Udara     Soekarno-Hatta     selama                       30 years since the date of operation date on
    30    tahun     terhitung     sejak    tanggal                      December 14, 2017.
    pengoperasian           yaitu          tanggal
    14 Desember 2017.

    Pada tanggal 10 Juli 2014, Perusahaan selaku                        On July 10, 2014, the Company as the right
    pemegang hak penyelenggara prasarana                                holder of infrastructure operating for Soekarno-
    perkeretaapian umum Bandara Soekarno                                Hatta Airport railways via Tanggerang, had
    Hatta    melalui  kota    Tangerang,   telah                        signed an agreement with Direktorat Jenderal
    menandatangani Perjanjian dengan Direktorat                         Perkeretaapian (DJKA) referred to Agreement
    Jenderal Perkeretaapian (DJKA) dengan                               No. HK.201/A.263/DJKA/7/14 and HK.222/VII/
    No.       HK.201/A.263/DJKA/7/14         dan                        2/KA-2014 with period of concession operating
    HK.222/VII/2/KA-2014       dengan      masa                         for 30 years, which will be reviewed by
    penyelenggaraan konsesi selama 30 tahun,                            related institution after ticket fare and operating

                                                              91
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

17. Hak    Pengoperasian        Aset    Prasarana           17. Infrastructure   Assets     Operating     Rights
    (Lanjutan)                                                  (Continued)
    masa konsesi sebagaimana dimaksud akan                     and maintenance cost of rolling stock and
    ditinjau kembali oleh instasi yang berwenang               infrastructure have been determined.
    setelah ditetapkan tarif dan telah diketahui
    biaya pengoperasian dan perawatan prasarana
    dan sarana perkeretaapian bandara.
    Tarif tiket ditetapkan oleh perusahaan                     Ticket fare is determined by the company
    berdasarkan pedoman perhitungan dan                        according to guidance of calculation and
    penetapan tarif angkutan orang dengan kereta               determination of passenger transporation fare
    api yang ditetapkan oleh Menteri Perhubungan               which is regulated by Minister of Transportation
    dan berlaku untuk penyelenggaraan KA                       and applicable for Airport Railways project.
    Bandara.
    Kereta Api Ringan (LRT) Jabodebek                          Light Rail Transit (LRT) Jabodebek
    Berdasarkan Peraturan Presiden No. 98 Tahun                Based on Presidential Regulation No. 98 of
    2015 tentang Percepatan Penyelenggaraan                    2015 regarding Acceleration of Integrated Light
    Kereta    Api     Ringan/Light    Rail   Transit           Rail Transit Operation in Jakarta, Bogor,
    Terintegrasi di Wilayah Jakarta, Bogor, Depok,             Depok, and Bekasi Areas that has been
    dan Bekasi yang telah mengalami beberapa                   amended several times, most recently on
    kali perubahan, terakhir pada tanggal                      May 3, 2017, by Presidential Regulation
    3 Mei 2017, Pemerintah menerbitkan                         No. 49 of 2017. In this amendment, the
    Peraturan Presiden No. 49 Tahun 2017. Dalam                Government assigned the Company to perform
    Peraturan yang terakhir ini, Pemerintah                    procurement, operation of facilities and
    menugaskan Perusahaan untuk melakukan                      infrastructure, maintenance of rolling stock
    pengadaan         sarana,      penyelenggaraan             facilities       and     infrastructure,      and
    pengoperasian       sarana   dan     prasarana,            commercialization       of       facilities   and
    perawatan sarana dan prasarana, serta                      infrastructure including to raise funding of the
    pengusahaan sarana dan prasarana termasuk                  construction of infrastructure for the integrated
    pendanaan pembangunan prasarana kereta                     light rail transit.
    api ringan terintegrasi.
    Pada tanggal 19 Desember 2017, Perusahaan                  On December 19, 2017, the Company
    selaku     pemegang      hak    penyelenggara              as the right holder of light rail transit
    prasarana kereta api ringan atau Light Rail                infrastructure management, had signed
    Transit (LRT), telah menandatangani perjanjian             an agreement with DJKA to provide services
    dengan DJKA untuk menyediakan jasa                         of development, operating and maintenance
    pembangunan,          pengoperasian        dan             of light rail transit infrastructure Jakarta-Bogor-
    pemeliharaan infrastruktur Lintas Rel Terpadu              Depok-Bekasi (Jabodebek) route referred
    Jakarta-Bogor-Depok-Bekasi        (Jabodebek)              to Agreement No. HK.201/A.566/DJKA/12/17
    dengan Nomor HK.201/A.566/DJKA/12/17 dan                   and KL.705/XII/10/KA-2017 with a concession
    KL.705/XII/10/KA-2017        dengan      masa              period of 50 years effective from the receipt of
    penyelenggaraan konsesi selama 50 tahun                    the minutes of operation date (BATO) on
    berlaku efektif sejak diterimanya berita acara             August 28, 2023.
    tanggal operasi (BATO) pada 28 Agustus
    2023.
    Terdapat empat jenis yang wajib dibangun,                  Four components related to the project of LRT
    dioperasikan dan dipelihara Perusahaan terkait             Jabodebek which were required to be
    dengan proyek LRT Jabodebek yaitu                          developed, operated, and maintained by the
    prasarana, fasilitas perawatan prasarana,                  Company are infrastructure, infrastructure
    sarana dan fasilitas perawatan sarana.                     maintenance facility, rolling stock, and rolling
    Pembangunan prasarana dan Dipo oleh                        stock maintenance facility. Development of
    PT Adhi Karya (Persero) Tbk selaku kontraktor              infrastructure and depot is conducted by
    yang ditugaskan berdasarkan Perpres LRT.                   PT Adhi Karya (Persero) Tbk as the assigned
                                                               contractor according to Presidential Regulation
                                                               regarding LRT.

                                                       92
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PT KERETA API INDONESIA (PERSERO)                              PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                    AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                         NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                         FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                     For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                     December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)          (In Thousand of Rupiah, Unless Otherwise Stated)

17. Hak    Pengoperasian      Aset    Prasarana         17. Infrastructure   Assets   Operating    Rights
    (Lanjutan)                                              (Continued)

    Tarif tiket ditetapkan oleh perusahaan                 Ticket fare is determined by the company
    berdasarkan pedoman perhitungan dan                    according to guidance of calculation and
    penetapan tarif angkutan orang dengan kereta           determination of passenger transporation fare
    api yang ditetapkan oleh Menteri Perhubungan           which is regulated by Minister of Transportation
    dan berlaku untuk penyelenggaraan KA.                  and applicable for Railways project.

    Berdasarkan Berita Acara Tanggal Operasi               Based on the Minutes of Operation Date
    No. BA-DJKA 6 Tahun 2023 tanggal                       No. BA-DJKA 6 Year 2023 dated August 28,
    28 Agustus 2023, tanggal operasi LRT                   2023, the Jabodebek LRT operation date starts
    Jabodebek      dimulai   sejak   tanggal               from August 28, 2023.
    28 Agustus 2023.

    Reaktivasi Cibatu-Garut                                Reactivity Cibatu-Garut
    Berdasarkan perjanjian konsesi dengan                  Based on the concession agreement with the
    Direktorat Jenderal Perkeretaapian (DJKA)              Direktorat Jenderal Perkeretaapian (DJKA)
    Nomor       HK.201/1/25/DJKA/2023      dan             Number        HK.201/1/25/DJKA/2023        and
    Nomor      KL.705/IX/27/KA-2023     tanggal            Number        KL.705/IX/27/KA-2023        dated
    29 September 2023 tentang Penyelenggaraan              September      29,   2023    concerning     the
    Prasarana Perkeretaapian Umum pada Lintas              Implementation of Public Railway Infrastructure
    Pelayanan Stasiun Cibatu sampai dengan                 on the Cibatu Station to Garut Station Service
    Stasiun     Garut     bahwa     Perusahaan             Line, the Company obtained the right of
    mendapatkan hak penyelenggaraan melalui                operation through the Decree of the Minister of
    Keputusan Menteri Perhubungan Nomor KM                 Transportation Number KM 50 of 2020, which
    50 tahun 2020 yang memberikan penugasan                assigns the Company to carry out the
    kepada Perusahaan untuk melaksanakan                   implementation of public railway infrastructure
    penyelenggaraan prasarana perkeretaapian               on the Cibatu Station to Garut Station service
    umum pada lintas pelayanan Stasiun Cibatu              line.
    sampai dengan Stasiun Garut.

    Hak penyelenggaraan meliputi pembangunan,              Implementation rights include the construction,
    pengoperasian, perawatan dan pengusahaan               operation, maintenance, and exploitation of
    prasarana perkeretaapian umum. Masa                    public railroad infrastructure. The organizing
    penyelenggaraan diberikan untuk jangka waktu           period is given for a period of 45 (forty-five)
    45 (empat puluh lima) tahun sejak tanggal              years from the date of operation, as evidenced
    operasi     yang      dibuktikan     dengan            by the signing of Minutes of Operation Date
    ditandatanganinya Berita Acara Tanggal                 (BATO). After the expiration of the agreement
    Operasi (BATO). Setelah berakhirnya jangka             period, the infrastructure assets will be handed
    waktu perjanjian, aset prasarana akan                  over to the government. Until this report is
    diserahkan kepada Pemerintah. Sampai                   published, BATO from the Ministry of
    dengan tanggal laporan keuangan diterbitkan,           Transportation have not yet been published.
    BATO dari Kementerian Perhubungan belum
    terbit.

    Sumatera Selatan dan Kualanamu                         South Sumatera and Kualanamu
    Sesuai Keputusan Menteri Perhubungan                   According to Decree of Minister of
    No. HK.601/SK.29/DJKA/9/2012 Tahun 2012,               Transportations No. HK.601/SK.29/DJKA/9/
    bahwa Perusahaan diberi kewenangan untuk               2012 Year 2012, the Company is authorized to
    membangun prasarana perkeretaapian di                  build railway infrastructure in South Sumatra,
    wilayah Sumatra Selatan, dan sesuai Surat              and according to Statement of the Company's
    Pernyataan dari Direktur Utama Perusahaan              President Directors No. 001/VII/11/KA-2012
    No. 001/VII/11/KA-2012 tanggal 31 Juli 2012            dated July 31, 2012 that after the construction,
    bahwa setelah pembangunan, aset prasarana              the infrastructure assets will be transferred or



                                                   93
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PT KERETA API INDONESIA (PERSERO)                                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                              (In Thousand of Rupiah, Unless Otherwise Stated)

17. Hak    Pengoperasian            Aset            Prasarana            17. Infrastructure          Assets   Operating          Rights
    (Lanjutan)                                                               (Continued)

    tersebut akan diserahkan kepada Pemerintah                                 assigned to the Government as the State
    sehingga menjadi Barang Milik Negara (BMN).                                Property (BMN). In addition, according to
    Selain   itu   sesuai   Keputusan    Menteri                               Decree of Minister of Transportations
    Perhubungan No. KP.123 Tahun 2013, bahwa                                   No. KP.123 Year 2013, the Company is
    Perusahaan     diberi  kewenangan       untuk                              authorized to build railway infrastructure for
    membangun prasarana perkeretaapian umum                                    public railway from Araskabu Station to
    untuk jalur kereta api umum dari Stasiun                                   Kualanamu International Airport in North
    Araskabu ke Bandar Udara Internasional                                     Sumatra, and according to Statement of the
    Kualanamu Sumatra Utara dan sesuai Surat                                   Company's        President      Directors     No.
    Pernyataan dari Direktur Utama Perusahaan                                  HK.237/VII/5/KA-2013 dated July 10, 2013 that
    No. HK.237/VII/5/KA-2013 tanggal 10 Juli 2013                              after the construction, the infrastructure assets
    bahwa setelah pembangunan tersebut selesai,                                will be transferred or assigned.
    aset prasarana akan diserahkan kepada
    Pemerintah.

    Berdasarkan UU No. 23/2007 tentang                                         Based on Law No. 23/2007 regarding
    Perkeretaapian,      Perusahaan      diberi                                Railways, the Company is given authorization
    kewenangan (hak) untuk mengoperasikan aset                                 (right) to operate infrastructure assets,
    prasarana, maka atas pengeluaran untuk                                     therefore the expenditure for the construction
    pembangunan prasarana perkeretaapian di                                    of railway infrastructure in north and south of
    wilayah Sumatra bagian utara dan selatan,                                  Sumatra regions, have been recorded by the
    telah dicatat oleh Perusahaan sebagai hak                                  Company as infrastructure assets operating
    pengoperasian aset prasarana.                                              rights.

    Hak pengoperasian aset prasarana di wilayah                                Infrastructure assets operating rights in north
    Sumatra bagian utara dan selatan diamortisasi                              and south of Sumatra regions are amortized
    selama 20 tahun setelah Berita Acara Serah                                 within 20 years since the receipt of minutes of
    Terima (BAST) diterima atau sesuai dengan                                  Hand Over (BAST) or in accordance with the
    kontrak yang berlaku. Masa umur hak                                        prevailing contract. The period of the right to
    pengoperasian ini ditentukan berdasarkan                                   operate is determined based on management
    asumsi manajemen merujuk pada ketentuan                                    assumptions referred to tax provisions. The
    perpajakan. Jalur Sumatra bagian utara dan                                 northern and southern Sumatra tracks were
    selatan tersebut telah beroperasi masing-                                  operate      on    July    23,    2013     and
    masing pada tanggal 23 Juli 2013 dan                                       January 28, 2015, respectively.
    28 Januari 2015.

    Pada tanggal 31 Desember 2023 dan 2022,                                    As of December 31, 2023 and                         2022,
    pekerjaan dalam proses konstruksi terdiri dari:                            construction in progress consists of:
                                                                     2023
                                                                             Persentase         Estimasi
                                  Nilai Tercatat/      Nilai Kontrak/       Penyelesaian/     Penyelesaian/
                                 Carrying Amount     Contracts Amount       Percentage of      Estimated
                                        Rp                   Rp              Completion        Completion
    Hak Pengoperasian Aset                                                                                              Infrastructure Assets
     Prasarana                                                                                                            Operating Rights
     Proyek LRT Jabodebek               29.425.590      28.378.514.132               99,62%       2024             LRT Jabodebek Project
     Pembangunan Jalur Ganda -                                                                                  Double Track Construction
      Sumatra Selatan                1.051.876.255       1.572.772.839               66,88%       2024                     South Sumatra
     Reaktivasi Cibatu-Garut           352.571.613         352.628.113               99,98%       2024           Reactivation Cibatu Garut
    Jumlah                           1.433.873.458      30.303.915.084                                                                  Total




                                                                  94
Page 759
PT KERETA API INDONESIA (PERSERO)                                                            PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                  AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                       NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                       FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                   For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                   December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                        (In Thousand of Rupiah, Unless Otherwise Stated)

17. Hak    Pengoperasian                    Aset            Prasarana                17. Infrastructure               Assets         Operating             Rights
    (Lanjutan)                                                                           (Continued)
                                                                             2022
                                                                                       Persentase                Estimasi
                                          Nilai Tercatat/      Nilai Kontrak/         Penyelesaian/            Penyelesaian/
                                         Carrying Amount     Contracts Amount         Percentage of             Estimated
                                                Rp                   Rp                Completion               Completion
      Hak Pengoperasian Aset                                                                                                                       Infrastructure Assets
       Prasarana                                                                                                                                     Operating Rights
       Proyek LRT Jabodebek                 19.041.688.791      28.245.111.967                 88,07%           2022 - 2023                   LRT Jabodebek Project
       Pembangunan Jalur Ganda -                                                                                                           Double Track Construction
        Sumatra Selatan                        934.884.043       1.903.770.937                 49,11%           2022 - 2023                           South Sumatra
       Reaktivasi Cibatu-Garut                 352.571.613         374.842.092                 94,06%           2022 - 2023                 Reactivation Cibatu Garut
      Jumlah                                20.329.144.447      30.523.724.996                                                                                    Total


      Beban pinjaman yang dikapitalisasi masing-                                         Capitalized interest expense amounted to
      masing     sebesar    Rp216.399.470    dan                                         Rp216,399,470       and     Rp273,625,589,
      Rp273.625.589 untuk tahun-tahun yang                                               respectively    for   the   years   ended
      berakhir pada 31 Desember 2023 dan 2022.                                           December 31, 2023 and 2022.

18.    Aset Takberwujud                                                              18. Intangible Assets
                                                                                2023
                                      Saldo Awal/            Penambahan/                Reklasifikasi/              Saldo Akhir/
                                   Beginning Balance           Addition                Reclassification            Ending Balance
      Biaya Perolehan                                                                                                                             Acquisition Cost
      Sertifikat Tanah                    402.149.859                           --           124.979.689                  527.129.548              Land Certificate
      Piranti Lunak                       264.330.197                           --            48.876.598                  313.206.795                     Software
      Aset dalam                                                                                                                                    Construction in
       Penyelesaian                        76.845.930             195.655.994              (171.532.248)                  100.969.676                    Progress
      Jumlah                              743.325.986             195.655.994                  2.324.039                  941.306.019                            Total
      Akumulasi                                                                                                                                      Accumulated
       penyusutan                                                                                                                                    Depreciation
      Sertifikat tanah                     81.059.598              22.450.267                             --              103.509.865               Land Certificate
      Piranti lunak                       239.505.486              22.059.257                             --              261.564.743                     Software
      Jumlah                              320.565.084              44.509.524                             --              365.074.608                            Total
      Nilai Tercatat                      422.760.902                                                                     576.231.411            Carrying Amount


                                                                             2022
                                      Saldo Awal/            Penambahan/               Reklasifikasi/               Saldo Akhir/
                                   Beginning Balance           Addition               Reclassification             Ending Balance
      Biaya Perolehan                                                                                                                             Acquisition Cost
      Sertifikat Tanah                   331.136.238                  442.243                 70.571.378                  402.149.859              Land Certificate
      Piranti Lunak                      251.878.751                5.621.446                  6.830.000                  264.330.197                     Software
      Aset dalam                                                                                                                                    Construction in
       Penyelesaian                       64.393.646               89.853.662               (77.401.378)                      76.845.930                 Progress
      Jumlah                             647.408.635               95.917.351                             --              743.325.986                            Total
      Akumulasi                                                                                                                                      Accumulated
       penyusutan                                                                                                                                    Depreciation
      Sertifikat tanah                    64.273.786               16.785.812                             --               81.059.598               Land Certificate
      Piranti lunak                      216.361.572               23.143.914                             --              239.505.486                     Software
      Jumlah                             280.635.358               39.929.726                             --              320.565.084                            Total
      Nilai Tercatat                     366.773.277                                                                      422.760.902            Carrying Amount

      Sertifikat tanah merupakan biaya atas                                              Land certificate represents the maintenance
      pengurusan peningkatan status hak atas tanah                                       costs to improve the status of land rights that
      yang sebelumnya berbentuk Grondkaart                                               are previously in form of Grondkaart to be
      ditingkatkan menjadi Sertifikat Hak Guna                                           Building Use Rights Certificate.
      Bangunan.
      Piranti  lunak  merupakan    biaya   atas                                          Software represents the procurement or
      pengembangan atau pembelian piranti lunak                                          development costs for specific softwares
      yang bersifat spesifik berdasarkan bisnis                                          according to the Group’s business process.
      proses Grup.

                                                                          95
Page 760
PT KERETA API INDONESIA (PERSERO)                                             PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                   AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                        NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                        FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                    For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                    December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                         (In Thousand of Rupiah, Unless Otherwise Stated)

18. Aset Takberwujud (Lanjutan)                                        18. Intangible Assets (Continued)
    Pada tanggal 31 Desember 2023, Grup                                    On December 31, 2023, the Group reclassified
    mereklasifikasi aset takberwujud dari aset                             the intangible assets from fixed assets
    tetap sebesar Rp2.324.029 (Catatan 15).                                amounted to Rp2,324,029 (Note 15).
    Amortisasi  sebesar    Rp44.509.524     dan                            Depreciation amounted Rp44,509,524 and
    Rp39.929.726 untuk tahun-tahun yang berakhir                           Rp39,929,726 for the years ended on
    pada tanggal 31 Desember 2023 dan 2022,                                December 31, 2023 and 2022, respectively,
    dibebankan pada akun beban operasi tidak                               are charged as indirect operating expenses.
    langsung.
    Pada tanggal 31 Desember 2023 dan 2022,                                As of December 31, 2023 and 2022, the
    aset dalam penyelesaian terdiri dari:                                  construction in progress consists of:
                                                                   2023
                                                                           Persentase             Estimasi
                             Nilai Tercatat/      Nilai Kontrak/          Penyelesaian/         Penyelesaian/
                            Carrying Amount      Total Contracts          Percentage of          Estimated
                                   Rp                   Rp                 Completion            Completion

    Aset Takberwujud                                                                                                     Intangible Assets
    -Piranti Lunak                  72.280.893        122.258.893                  59,12%           2024                         Software-
    -Sertifikat Tanah               28.688.783         41.776.636                  68,67%           2024                  Land Certificate-
    Jumlah                         100.969.676        164.035.529                                                                     Total

                                                                   2022
                                                                           Persentase             Estimasi
                             Nilai Tercatat/      Nilai Kontrak/          Penyelesaian/         Penyelesaian/
                            Carrying Amount      Total Contracts          Percentage of          Estimated
                                   Rp                   Rp                 Completion            Completion

    Aset Takberwujud                                                                                                     Intangible Assets
    -Piranti Lunak                  40.256.307         100.609.307                 40,01%           2023                         Software-
    -Sertifikat Tanah               36.589.623          44.017.945                 83,12%           2023                  Land Certificate-
    Jumlah                          76.845.930         144.627.252                                                                    Total



19. Aset Hak Guna dan Liabilitas Sewa                                  19. Right of Use Assets and Lease Liabilities
    Rekonsiliasi kelompok-kelompok utama aset                              The reconciliation of right-of-use assets and
    hak guna dan liabilitas sewa adalah sebagai                            lease liabilities by major classifications was as
    berikut:                                                               follows:
                                                                   2023
                             Saldo Awal/                                                           Saldo Akhri/
                          Beginning Balance       Penambahan/              Pengurangan/           Ending Balance
                                2023                Addition                Deduction                  2023
    Biaya Perolehan                                                                                                        Acquisition Cost
    Prasarana:                                                                                                              Infrastructures:
     Tanah                           6.198.766           17.422.234               (3.117.189)               20.503.811                 Land
     Bangunan                       18.787.043              409.161              (12.539.566)                6.656.638            Buildings
     Instalasi Bergerak             35.048.185                    --                       --               35.048.185         Equipments
    Fasilitas:                                                                                                                    Facilities:
     Kendaraan                       4.378.159           29.756.963                        --               34.135.122             Vehicles
     Inventaris                     63.467.867           25.741.507                  (33.381)               89.175.993             Supplies
    Jumlah                         127.880.020           73.329.865              (15.690.136)              185.519.749                  Total
    Akumulasi                                                                                                                  Accumulated
     Penyusutan                                                                                                                Depreciation
    Prasarana:                                                                                                               Infrastructures:
     Tanah                           4.401.179            6.888.548               (3.117.189)                8.172.538                  Land
     Bangunan                       16.250.902            1.085.006              (12.539.566)                4.796.342             Buildings
     Instalasi Bergerak             29.753.619            5.294.565                        --               35.048.184          Equipments
    Fasilitas:                                                                                                                     Facilities:
     Kendaraan                       4.362.987            8.058.294                        --               12.421.281              Vehicles
     Inventaris                     19.995.259           12.967.206                  (33.381)               32.929.084              Supplies
    Jumlah                          74.763.946           34.293.619              (15.690.136)               93.367.429                  Total
    Nilai Tercatat                  53.116.074                                                              92.152.320     Carrying Amount




                                                                96
Page 761
PT KERETA API INDONESIA (PERSERO)                                                           PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                 AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                      FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                  For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                  December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                       (In Thousand of Rupiah, Unless Otherwise Stated)

19. Aset Hak              Guna       dan        Liabilitas    Sewa                 19. Right of Use Assets and Lease Liabilities
    (Lanjutan)                                                                         (Continued)

                                                                              2022
                                   Saldo Awal/                                                                  Saldo Akhri/
                                Beginning Balance        Penambahan/                   Pengurangan/            Ending Balance
                                      2022                 Addition                     Deduction                   2022
    Biaya Perolehan                                                                                                                      Acquisition Cost
    Prasarana:                                                                                                                            Infrastructures:
     Tanah                                   6.115.014                3.081.577                  (2.997.825)            6.198.766                    Land
     Bangunan                               17.700.543                1.086.500                           --           18.787.043               Buildings
     Instalasi Bergerak                     25.183.819                9.864.366                           --           35.048.185            Equipments
    Fasilitas:                                                                                                                                  Facilities:
     Kendaraan                              14.408.147                1.350.591              (11.380.579)               4.378.159                Vehicles
     Inventaris                             63.467.867                        --                       --              63.467.867                Supplies
    Jumlah                                 126.875.390               15.383.034              (14.378.404)             127.880.020                     Total
    Akumulasi                                                                                                                                Accumulated
     Penyusutan                                                                                                                              Depreciation
    Prasarana:                                                                                                                             Infrastructures:
     Tanah                                   4.994.457                2.404.547                  (2.997.825)            4.401.179                     Land
     Bangunan                               12.093.889                4.157.013                           --           16.250.902                Buildings
     Instalasi Bergerak                     18.078.398               11.675.221                           --           29.753.619             Equipments
    Fasilitas:                                                                                                                                   Facilities:
     Kendaraan                              11.463.429                4.135.350              (11.235.792)               4.362.987                 Vehicles
     Inventaris                             12.825.863                7.169.396                        --              19.995.259                 Supplies
    Jumlah                                  59.456.036               29.541.527              (14.233.617)              74.763.946                     Total
    Nilai Tercatat                          67.419.354                                                                 53.116.074       Carrying Amount



    Beberapa transaksi sewa gudang dan kantor                                          Some leases of warehouses and offices and
    dan       kendaraan      mengandung       opsi                                     vehicles contain extension options exercisable
    perpanjangan yang dapat diambil oleh Grup                                          by the Group before the end of the non-
    sebelum masa berakhirnya kontrak yang tidak                                        cancellable contract period. The extension
    dapat dibatalkan. Opsi perpanjangan yang                                           options held are exercisable only by the Group.
    dimiliki hanya dapat diambil oleh Grup. Grup                                       The Group assesses at lease commencement
    mengevaluasi pada awal dimulainya masa                                             whether it is reasonably certain to exercise the
    sewa apakah besar kemungkinan akan                                                 extension options. The Group reassesses this
    diambilnya     opsi    perpanjangan.      Grup                                     assessment if there is a significant event or
    mengevaluasi kembali penentuan ini apabila                                         significant change in circumstances within the
    ada peristiwa signifikan atau ada perubahan                                        control of the Group.
    keadaan signifikan di dalam kendali Grup.

    Berikut ringkasan komponen liabilitas sewa                                         The following summarizes the component of
    berdasarkan jangka waktu:                                                          lease liabilities based in period:

                                                              2023                        2022
      Liabilitas Sewa                                                                                                                    Lease liabilities
       Jatuh tempo dalam satu tahun                             44.237.193                  20.566.599                               Due within one year
       Jatuh tempo lebih dari satu tahun                        92.691.568                  60.353.914                              Due beyond one year
      Jumlah                                                   136.928.761                  80.920.513                                                Total
      Dikurangi: bagian bunga                                  (26.257.872)                (19.757.613)                              Less: interest portion
      Nilai kini Pembayaran Sewa                               110.670.889                  61.162.900                 Present value of Lease Payments
       Dikurangi: bagian jatuh tempo satu tahun                (36.504.861)                (16.563.637)                             Less: Current portion
      Bagian Jangka Panjang                                     74.166.028                  44.599.263                               Non-current Portion



    Berikut ini ringkasan komponen perubahan                                           The following summarizes the component of
    liabilitas yang timbul dari sewa:                                                  changes in the liabilities arising from leases:

                                                             2023                        2022
    Saldo Awal                                                  61.162.900                  82.145.435                                Beginning Balance
    Arus Kas                                                  (31.554.208)                (37.190.355)                                         Cash Flow
    Perubahan Non-kas                                                                                                                Non-cash Movement
     Penambahan (Pengurangan)                                  73.329.865                   12.204.858                              Addition (Deduction)
    Beban Bunga                                                 7.732.332                    4.002.962                                 Interest Expenses
    Saldo Akhir                                               110.670.889                   61.162.900                                   Ending Balance




                                                                           97
Page 762
PT KERETA API INDONESIA (PERSERO)                                               PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                          FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                      For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                      December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                           (In Thousand of Rupiah, Unless Otherwise Stated)

19. Aset Hak         Guna      dan        Liabilitas   Sewa             19. Right of Use Assets and Lease Liabilities
    (Lanjutan)                                                              (Continued)

    Pada tanggal 31 Desember 2023 dan 2022,                                As of December 31, 2023 and 2022, the Group
    Grup mencatat beban penyusutan atas aset                               charge depreciation of right of use of asset
    hak      guna    masing-masing      sebesar                            amounted Rp34,293,619 and Rp29,541,527
    Rp34.293.619    dan    Rp29.541.527    yang                            are charged as indirect operating expenses,
    dicatatkan pada akun beban operasi tidak                               also charge interest expense amounted
    langsung, juga mencatat beban bunga masing-                            Rp8,576,995 and Rp8,101,140, respectively
    masing      sebesar     Rp8.576.995     dan                            (Note 43).
    Rp8.101.140 (Catatan 43).


20. Aset Tidak Lancar Lainnya                                           20. Other Non-current Assets

                                                       2023                   2022
    Aset Non-Keuangan                                                                                          Non-financial Assets
     Aset Diberhentikan Operasi                         120.935.985            268.605.543      Assets Discontinued from Operations
     Persediaan Scrap                                    31.443.812             31.443.812                        Scrap Inventories
     Dikurangi:                                                                                                               Less:
      Cadangan Kerugian Penurunan Nilai                (152.379.791)          (300.049.355)       Allowance for Impairment Losses
    Aset Non-Keuangan - Neto                                       6                     --               Non-financial Assets - Net

    Aset Keuangan                                                                                                  Financial Assets
     Pihak Berelasi (Catatan 41)                                                                          Related Parties (Note 41)
     Dana Pensiun Pegawai                                 91.258.933            76.394.632                           Pension Funds
     Dana Kesehatan Pegawai                               60.679.342            53.402.087                  Employee Healthy Fund
     Dana Cadangan Tantiem                                 7.592.201                     --                Tantiem's Reserve Fund
     Pihak Ketiga                                                                                                     Third Parties
     Aset Keuangan Lainnya                               52.526.622             56.928.847                   Other Financial Assets
    Aset Keuangan - Neto                                212.057.098            186.725.566                   Financial Assets - Net
    Neto                                                212.057.104            186.725.566                                        Net


    Mutasi cadangan kerugian penurunan nilai:                              Change in allowance for impairment losses:

                                                       2023                   2022
    Saldo Awal                                         (300.049.355)          (329.919.637)                      Beginning Balance
    Penghapusan Cadangan                                                                                                Write-offs of
     Aset Non-keuangan                                   147.669.564             29.293.118                   Non-financial Assets
    Pemulihan Cadangan Aset Keuangan                               --               577.164   Recovery Allowance of Financial Assets
    Saldo Akhir                                        (152.379.791)          (300.049.355)                        Ending Balance


    Manajemen berpendapat bahwa cadangan                                   Management believes that the allowance for
    penurunan nilai cukup untuk menutup kerugian                           impairment is adequate to cover possible
    yang mungkin timbul dari estimasi nilai wajar                          losses on fair value estimated of other Non-
    aset tidak lancar lainnya.                                             current assets.

    Pada 31 Desember 2023 dan 2022,                                        As of December 31, 2023 and 2022, the
    Perusahaan melakukan reklasifikasi atas aset                           Company reclassified the assets discontinued
    tetap yang diberhentikan operasi ke dalam                              from operations into other non-current assets
    aset tidak lancar lainnya (Catatan 15).                                (Note 15).

    Aset diberhentikan operasi merupakan aset                              Assets discontinued represent operations
    tetap Sarana Grup yang tidak dapat                                     Group’s assets which cannot be technically
    dioperasikan lagi baik dari sisi teknis maupun                         and economically utilized (Note 15). Amount of
    ekonomi (Catatan 15). Nilai atas aset                                  assets discontinued form operations as of
    diberhentikan     operasi     pada      tanggal                        December 31, 2023 have been impaired.
    31 Desember 2023 telah dicadangkan.



                                                                 98
Page 763
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

20. Aset Tidak Lancar Lainnya (Lanjutan)                   20. Other Non-current Assets (Continued)

    Pada tanggal 12 September 2023, Perusahaan                On September 12, 2023, the Company sold a
    melakukan penjualan atas sebidang tanah di                plot of land in Padang City covering an area of
    Kota Padang seluas 15.510m2 dengan nilai                  15,510sqm with a carrying value of
    tercatat sebesar Rp1.263 dan harga jual                   Rp1,263 and selling price amounted to
    sebesar Rp31.299.180 (Catatan 51).                        Rp31,299,180 (Note 51).

    Pada tanggal 27 September 2023, Perusahaan                On September 27, 2023, the Company sold
    melakukan penjualan aset sarana yang sudah                facility assets in the form of Locomotives,
    dicadangkan secara penuh berupa Lokomotif,                Wagons, Trains, KRD, and KRL with selling
    Gerbong, Kereta, KRD, dan KRL dengan harga                price amounted to Rp78,446,395.
    jual sebesar Rp78.446.395.

    Pada bulan Desember 2023, Perusahaan                      In December 2023, the Company write-off a
    melakukan penghapusbukuan atas sebidang                   plot of land in Bandung City covering an area
    tanah di Kota Bandung seluas 9.708m2 dengan               of 9,708sqm with a carrying value of
    nilai tercatat sebesar Rp46.172.                          Rp46,172.

    Dana pensiun pegawai merupakan dana yang                  Pension funds represent funds raised to
    dibentuk untuk menampung dana pensiun                     accommodate employees' pension funds. The
    karyawan. Jumlah dana yang dikumpulkan                    amount collected is 17.25% of employee basic
    sebesar 17,25% dari penghasilan dasar                     pension salary represented by 4.75% deducted
    pensiun karyawan dengan komposisi sebesar                 from employee’s salary and 12.5% of the
    4,75% dipotong dari penghasilan karyawan                  Company's contribution. The funds are used
    dan    sebesar   12,5%     dari   kontribusi              for employee severance payment for those
    Perusahaan. Dana tersebut digunakan untuk                 who were hired on the period started before
    pesangon pegawai Perusahaan yang diangkat                 August 1, 2009 amounted to 9,821 employees
    sebelum tanggal 1 Agustus 2009 sebanyak                   before it is deposited to insurance saving plan
    9.821 karyawan sebelum disetorkan ke                      management by pooled fund systems.
    pengelola program asuransi saving plan
    dengan pola pendanaan sistem pooled fund.


21. Utang Usaha                                            21. Trade Payables

                                           2023                  2022
    Utang Usaha                                                                                    Trade Payables
     Pihak Berelasi (Catatan 41)           4.976.299.233           880.714.681           Related Parties (Note 41)
     Pihak Ketiga                          2.394.977.405         1.578.171.487                       Third Parties
    Jumlah                                 7.371.276.638        2.458.886.168                               Total


    Berdasarkan mata uang:                                    By currencies:

                                           2023                  2022
    Rupiah                                 7.340.256.012         2.361.525.615                             Rupiah
    Yen Jepang                                14.516.151            86.831.596                         Japan Yen
    Dolar Amerika Serikat                     11.230.840                     --                United States Dollar
    Euro                                       5.273.635            10.528.957                                Euro
    Jumlah                                 7.371.276.638         2.458.886.168                               Total


    Tidak ada jaminan yang diberikan atas utang               There is no collateral pledged on trade
    usaha.                                                    payables.




                                                     99
Page 764
PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

22. Beban Akrual                                             22. Accruals

                                       2023                      2022
     Biaya Operasi Langsung             846.030.286                672.586.876                   Direct Operating Expenses
     Biaya Operasi Tidak Langsung       770.061.237                320.967.956                 Indirect Operating Expenses
     Biaya Umum dan Administrasi        587.226.416                579.407.094        General and Administratives Expenses
     Jumlah                            2.203.317.939             1.572.961.926                                       Total


    Biaya operasi langsung yang masih harus                     Accrued direct operating expenses represents
    dibayar merupakan biaya pemeliharaan sarana                 the costs of maintenance of rolling stocks in
    di lintas dan balai yasa, biaya pendukung                   railroad and workshop, costs of operation
    operasi dan biaya pendukung angkutan dan                    supports and costs of transportation supports
    lainnya.                                                    and others.

    Biaya operasi tidak langsung yang masih harus               Accrued indirect operating expenses consist
    dibayar   diantaranya     merupakan     biaya               represent the costs of maintenance of the
    pemeliharaan prasarana pokok Perusahaan                     Company’s         and     Government-owned
    dan prasarana milik Pemerintah (TAC), biaya                 infrastructures (TAC), costs for safety and
    keselamatan dan kesehatan kerja.                            healthy work environment.

    Biaya umum dan administrasi yang masih                      Accrued general and administrative expenses
    harus dibayar merupakan biaya pemasaran,                    represent marketing expenses, office supplies
    biaya perlengkapan dan operasional kantor,                  and operating expenses, and administrative
    dan biaya administrasi.                                     expenses.


23. Pendapatan Diterima di Muka                              23. Unearned Revenue

                                           2023                     2022
    Jatuh Tempo dalam Satu Tahun                                                                       Current Maturities
     Non Angkutan                             700.443.816               653.712.500                   Non-Transportation
     Angkutan Penumpang                       547.600.796               445.814.913             Passenger Transportation
     Angkutan Barang                           33.593.086                45.112.038                Freight Transportation
     Jumlah                               1.281.637.698              1.144.639.451                                  Total

    Jangka Panjang Lebih
     dari Satu Tahun                                                                                  Long Term Maturity
     Non Angkutan                             834.563.297               837.174.293                   Non-Transportation


    Pendapatan diterima di muka atas pendapatan                 Unearned revenue of non-transportation
    non angkutan merupakan penerimaan sewa                      represents revenue generated from property
    properti di dalam dan di luar stasiun.                      lease inside and outside of station area.

    Pendapatan diterima di muka angkutan                        Unearned revenue of passenger transportation
    penumpang merupakan pendapatan atas jasa                    represents revenue generated from passenger
    angkutan penumpang pengguna kereta api                      transport railway services of which the arrive is
    yang realisasi kedatangan pada periode                      realized in the following period.
    berikutnya.

    Pendapatan diterima di muka angkutan barang                 Unearned revenue of freight transportation
    merupakan pendapatan atas jasa angkutan                     represents revenue generated from freight
    barang yang terdiri dari angkutan peti kemas,               transport railway services consist of freight of
    batu bara, parsel, barang curah dan barang                  containers, coal, parcel, bulk cargo and other
    jenis lain yang realisasi keberangkatannya                  types of goods of which the departure is
    pada periode berikutnya.                                    realized in the following period.




                                                       100
Page 765
PT KERETA API INDONESIA (PERSERO)                                                      PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                            AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                 FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                             For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                             December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                  (In Thousand of Rupiah, Unless Otherwise Stated)

24. Pinjaman Bank Jangka Pendek                                                 24. Short-term Bank Loans

                                                          2023                          2022
    Pihak Berelasi (Catatan 41)                            988.523.138                    760.000.000                  Related Parties (Note 41)
    Pihak Ketiga                                                                                                                  Third Parties
     PT Bank Central Asia Tbk                              400.000.000                              --                 PT Bank Central Asia Tbk
     PT Bank HSBC Indonesia                                          --                 1.000.000.000                  PT Bank HSBC Indonesia
    Subjumlah                                              400.000.000                  1.000.000.000                                        Subtotal
    Jumlah                                               1.388.523.138                  1.760.000.000                                           Total


    Informasi lain mengenai Pinjaman Bank                                           Other Information about Short-term Bank
    Jangka Pendek pada 31 Desember 2023                                             Loans as of December 31, 2023 as follow:
    adalah sebagai berikut:
                                                      Tanggal Jatuh Tempo        Suku Bunga
              Kreditur/             Nama Fasilitas/     Perjanjian Kredit/        Per Tahun/          Agunan/
                                                                                                                           Financial Covenant
              Creditor               Facility Type      Maturity Date Of         Interest rate       Collateral
                                                        Credit Agreement          per annum

    Perusahaan/The Company

    PT Bank Rakyat Indonesia          Berulang/        24 Februari 2023/                                              Debt to Equity Ratio Max 500%
                                                                                    6,45%                 -
    (Persero) Tbk                     Revolving        February 24, 2023

                                                                                                                       Debt to Equity Ratio Max 300%
                                      Berulang/           14 Juni 2024/                                               Debt Service Coverage Ratio min
    PT Bank Mandiri (Persero) Tbk                                                   6,08%                 -
                                      Revolving          June 14, 2024                                                             1.25 x
                                                                                                                        Cash Flow Operation positif
                                                                                                                      Debt to Equity Ratio Max 300%
    PT Bank Negara Indonesia          Berulang/          8 Maret 2024/
                                                                                    5,80%                 -             Ebitda to Interest min 1.5 x
    (Persero) Tbk                     Revolving          March 8, 2024
                                                                                                                       Cash Flow Operation positif


                                      Berulang/        24 November 2023/
    PT Bank HSBC Indonesia                                                       4,00% - 4,90%            -                          -
                                      Revolving        November 24, 2023

                                                                                                                       Debt to Equity Ratio Max 300%
                                      Berulang/         1 Februari 2024/                                              Debt Service Coverage Ratio min
    PT Bank Central Asia Tbk                                                        6,65%                 -
                                      Revolving         February 1, 2024                                                           1.25 x

    Entitas Anak/ Subsidiaries -
    PT Reska Multi Usaha
                                                                                                                       Debt to Equity Ratio Max 200%
                                                                                                   Fidusia Piutang/
                                      Berulang/        8 November 2023/                                               Debt Service Coverage Ratio min
    PT Bank Mandiri (Persero) Tbk                                                   8,25%         Account recivable
                                      Revolving        November 8, 2023                                                            1.25 x
                                                                                                      Fiduciary

                                                                                                   Fidusia Piutang/
    PT Bank Rakyat Indonesia          Berulang/          22 Maret 2024/
                                                                                    7,00%         Account recivable   Debt to Equity Ratio Max 300%
    (Persero) Tbk                     Revolving          March 22, 2024
                                                                                                      Fiduciary
                                                                                                                       Debt to Equity Ratio Max 250%
                                                                                                   Fidusia Piutang/       Current Ratio min 110%
                                      Berulang/          20 April 2024/
    PT Bank Permata Tbk                                                             8,25%         Account recivable   Debt Service Coverage Ratio min
                                      Revolving          April 20, 2024
                                                                                                      Fiduciary                    1.25 x




    Perusahaan telah mendapat Surat Persetujuan                                     The Company has received an Approval Letter
    Permohonan Pengecualian financial covenant                                      of Request for Exception of financial covenants
    atas pinjaman Bank Mandiri.                                                     of the Bank Mandiri loan.

    Perjanjian pinjaman dengan PT Bank Central                                      The loan agreement with PT Bank Central
    Asia Tbk telah diperpanjang sampai dengan                                       Asia   Tbk   has  been   extended until
    tanggal 1 November 2024.                                                        November 1, 2024.

    Sampai dengan tanggal pelaporan, perjanjian                                     As of the reporting date, the loan agreement
    pinjaman dengan PT Bank Rakyat Indonesia                                        with PT Bank Rakyat Indonesia (Persero) Tbk,
    (Persero) Tbk, PT Bank Mandiri (Persero) Tbk,                                   PT Bank Mandiri (Persero) Tbk, PT Bank
    PT Bank Negara Indonesia (Persero) Tbk,                                         Negara Indonesia (Persero) Tbk, PT Bank
    PT Bank HSBC Indonesia, dan PT Bank                                             HSBC Indonesia, and PT Bank Permata Tbk
    Permata     Tbk    masih   dalam      proses                                    are still in the process of renewal.
    perpanjangan.

                                                                          101
Page 766
PT KERETA API INDONESIA (PERSERO)                                                       PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                             AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                  NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                  FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                              For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                              December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                   (In Thousand of Rupiah, Unless Otherwise Stated)

24. Pinjaman Bank Jangka Pendek (Lanjutan)                                     24. Short-term Bank Loans (Continued)

    Mutasi atas saldo fasilitas tersebut adalah                                      Movement of the balance of these facilities are
    sebagai berikut:                                                                 as follow:

                                                                             2023
               Kreditur/               Saldo Awal/              Pencairan/             Pembayaran/           Saldo Akhir/          Pembayaran Bunga/
               Creditor             Beginning Balance           Drawdown                Payment             Ending Balance          Interest Payment
    Perusahaan/ The Company
    PT Bank Rakyat Indonesia
                                            500.000.000               850.000.000        (1.350.000.000)                     --             13.706.458
    (Persero) Tbk
    PT Bank Mandiri (Persero) Tbk                       --           2.400.000.000       (1.450.000.000)          950.000.000               34.531.736
    PT Bank Negara Indonesia
                                            200.000.000               575.000.000         (775.000.000)                      --              6.032.222
    (Persero) Tbk
    PT Bank HSBC Indonesia                1.000.000.000                575.000.000       (1.575.000.000)                     --             24.995.694
    PT Bank Central Asia Tbk                          --               400.000.000                    --           400.000.000                       --
    Subjumlah/ Subtotal                   1.700.000.000              4.800.000.000       (5.150.000.000)         1.350.000.000              79.266.110
    Entitas Anak/ Subsidiaries -
    PT Reska Multi Usaha
    PT Bank Mandiri (Persero) Tbk            60.000.000               355.000.000         (415.000.000)                      --              1.053.332
    PT Bank Rakyat Indonesia
                                                        --            251.300.935         (212.777.797)             38.523.138                 336.246
    (Persero) Tbk
    PT Bank Permata Tbk                               --               230.000.000         (230.000.000)                     --                435.563
    Subjumlah/ Subtotal                      60.000.000                836.300.935         (857.777.797)            38.523.138               1.825.141
    Jumlah/ Total                         1.760.000.000              5.636.300.935       (6.007.777.797)         1.388.523.138              81.091.251


                                                                             2022
               Kreditur/               Saldo Awal/              Pencairan/             Pembayaran/           Saldo Akhir/          Pembayaran Bunga/
               Creditor             Beginning Balance           Drawdown                Payment             Ending Balance          Interest Payment
    Perusahaan/ The Company
    PT Bank Rakyat Indonesia
     (Persero) Tbk                          600.000.000              8.600.000.000       (8.700.000.000)           500.000.000              29.622.542
    PT Bank Mandiri (Persero) Tbk                     --               500.000.000         (500.000.000)                     --              4.880.556
    PT Bank HSBC Indonesia                1.000.000.000              3.350.000.000       (3.350.000.000)         1.000.000.000              38.612.667
    PT Bank Central Asia Tbk                950.000.000                550.000.000       (1.500.000.000)                     --             23.092.944
    PT Bank Negara Indonesia
     (Persero) Tbk                                    --               200.000.000                    --           200.000.000               2.392.793
    Subjumlah/ Subtotal                   2.550.000.000             13.200.000.000      (14.050.000.000)         1.700.000.000              98.601.502
    Entitas Anak/ Subsidiaries -
    PT Reska Multi Usaha
    PT Bank Mandiri (Persero) Tbk            80.000.000               250.000.000         (270.000.000)             60.000.000               4.196.319
    PT Bank Rakyat Indonesia
     (Persero) Tbk                           29.962.173                29.660.506          (59.622.679)                      --              1.173.238
    PT Bank Permata Tbk                               --              204.900.000         (204.900.000)                      --              2.162.953
    Entitas Anak/ Subsidiaries -
                                                                                                                             --
    PT KA Logistik
    PT Bank Rakyat Indonesia
     (Persero) Tbk                                      --               1.949.849            (1.949.849)                    --                      --
    Entitas Anak/ Subsidiaries -
    PT KA Properti Manajemen
    PT Bank Syariah Indonesia Tbk                     --               15.000.000          (15.000.000)                      --                 46.667
    PT Bank Permata Tbk                               --                5.000.000           (5.000.000)                                          4.931
    Subjumlah/ Subtotal                     109.962.173               506.510.355         (556.472.528)             60.000.000               7.584.108
    Jumlah/ Total                         2.659.962.173             13.706.510.355      (14.606.472.528)         1.760.000.000             106.185.610



25. Liabilitas Jangka Pendek Lainnya                                           25. Other Current Liabilities

                                                             2023                      2022

    Titipan Pegawai                                           60.909.704                  56.416.887                              Employee Deposits
    Uang Jaminan                                               5.960.655                   5.538.030                               Security Deposits
    Lain-lain                                                 24.931.641                  36.583.373                                         Others
    Jumlah                                                    91.802.000                  98.538.290                                           Total


    Titipan pegawai merupakan potongan gaji                                          Employee deposits represent deductions of
    karyawan yang belum disetorkan sesuai                                            employee salaries that have not been
    dengan tujuannya.                                                                deposited according to their intended purpose.

                                                                        102
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PT KERETA API INDONESIA (PERSERO)                                     PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                           AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                            December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (In Thousand of Rupiah, Unless Otherwise Stated)

25. Liabilitas Jangka Pendek Lainnya (Lanjutan)                25. Other Current Liabilities (Continued)

    Uang jaminan terdiri dari penerimaan uang                     Security deposits consist of deposit received
    jaminan yang berasal dari pelanggan atas                      from customers for advertising in the train and
    jaminan pemasangan iklan di kereta dan                        daily ticket deposit from the commuter line
    jaminan tiket harian dari penumpang commuter                  passengers.
    line.

    Utang lain-lain diantaranya merupakan utang                   Others consist of deposit received from
    atas penerimaan uang jaminan optimalisasi                     customers regarding optimization assets as
    aset dari pelanggan sebagai jaminan atas aset                 warranty for rental assets.
    yang disewa.


26. Liabilitas Imbalan Kerja                                   26. Employee Benefits Liabilities

    Perusahaan mengakui liabilitas imbalan kerja                  The Group recognizes employee benefits
    untuk seluruh karyawan yang memenuhi                          liabilities to eligible employees based on the
    persyaratan    berdasarkan Undang-undang                      provisions of Labour Law No.13/2003 Job
    Tenaga Kerja No. 13/2003, Undang-Undang                       Creation Law No.11/2020, PP 35/2021 and
    Cipta Kerja No.11/2020, PP 35/2021 dan                        Collective Labour Agreement year 2022-2024.
    Perjanjian Kerja Bersama tahun 2022-2024.

    Program pensiun imbalan pasti memberikan                      The defined benefit pension plan exposes the
    eksposur Perusahaan terhadap risiko aktuarial                 Group to actuarial risks such as investment
    seperti risiko investasi, risiko tingkat bunga dan            risk, interest rate risk and salary risk.
    risiko gaji.

    Risiko Investasi                                              Investment Risk
    Nilai kini kewajiban imbalan pasti dihitung                   The present value of the defined benefit plan
    menggunakan tingkat diskonto yang ditetapkan                  obligation is calculated using a discount rate
    dengan mengacu pada imbal hasil obligasi                      determined by reference to high quality
    korporasi berkualitas tinggi; jika pengembalian               corporate bond yields; if the return on plan
    aset program di bawah tingkat tersebut, hal itu               asset is below this rate, it will create a plan
    akan mengakibatkan defisit program.                           deficit.

    Saat ini program tersebut memiliki investasi                  Currently the plan relatively has a more
    yang relatif lebih banyak pada instrumen                      investment in property instrument compared to
    properti dibandingkan dengan instrumen                        other instrument.
    lainnya.

    Manajemen berkeyakinan bahwa nilai aset                       Management has believe the recoverable
    program dapat terpulihkan.                                    amount of plan assets.

    Risiko Tingkat Bunga                                          Interest Risk
    Penurunan suku bunga obligasi               akan              A decrease in the bond interest rate will
    meningkatkan liabilitas program.                              increase the plan liability.

    Risiko Gaji                                                   Salary Risk
    Nilai kini kewajiban imbalan pasti dihitung                   The present value of the defined benefit
    dengan mengacu pada gaji masa depan                           obligation is calculated by reference to the
    peserta program. Dengan demikian, kenaikan                    future salaries of plan participants. As such, an
    gaji peserta program akan meningkatkan                        increase in the salary of the plan participants
    liabilitas program tersebut.                                  will increase the plan’s liability.




                                                         103
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PT KERETA API INDONESIA (PERSERO)                                               PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                          FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                      For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                      December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                           (In Thousand of Rupiah, Unless Otherwise Stated)

26. Liabilitas Imbalan Kerja                                            26. Employee Benefits Liabilities

    Asumsi-asumsi    yang   digunakan      dalam                            The assumptions used to calculate employee
    menghitung beban dan liabilitas imbalan kerja                           benefits expenses     and    liabilities  on
    pada tanggal 31 Desember 2023 dan 2022                                  December 31, 2023 and 2022 are as follows:
    sebagai berikut:

                                                    2023                          2022

     Tingkat Diskonto                          6,25% -7,10%                  5,52% -7,44%                                Discount Rate
     Tingkat Kenaikan Gaji per Tahun           6,00% - 9,00%                7,00% - 9,00%               Salary Increase Rate per Year
     Usia Pensiun Normal                      56 tahun/ years              56 tahun/ years                     Normal Retirement Age
     Tingkat Mortalitas                         TMI IV/2019                   TMI IV/2019                                Mortality Rate
     Tingkat Cacat per Tahun                 1% - 10% dari Tingkat Kematian/ of Mortality Rate                Disability Rate per Year
     Tingkat Pengunduran Diri:                                                                                     Resignations Rate:
      Umur Dibawah 20 - 29 Tahun               5,00% - 6,00%                  5,00% - 6,00%             Age Under 20 - 29 Years Old
      Umur Diatas 30 Tahun                  Menurun secara linear hingga mencapai 0% saat usia              Age Above 30 Years Old
                                                              pensiun normal/
                                                Decreas linearly until reaches 0% when the
                                                             normal retirement


    a) Liabilitas Imbalan Kerja Jangka Pendek                               a) Short-term        Employee         Benefits
                                                                               Liabilities
         Liabilitas imbalan kerja karyawan yang                                Employee benefits liabilities which are due
         jatuh tempo dalam satu tahun sebagai                                  within one year as follows:
         berikut:

                                                           2023                   2022
          Program Pensiun Eks PNS                         156.195.973              154.922.880                 Pension Plan Ex-PNS
          Tantiem dan Bonus                             1.139.345.997              807.820.177                   Bonus and Tantiem
          Jumlah                                        1.295.541.970              962.743.057                                   Total


    b) Liabilitas Imbalan Kerja Jangka Panjang                              b) Long-term Employee Benefits Liabilities
       Liabilitas imbalan kerja jangka panjang                                 Long-term employee benefit liabilities after
       setelah dikurangi bagian jatuh tempo satu                               deducting the portion due in one year are
       tahun sebagai berikut:                                                  as follows:

                                                           2023                   2022
          Program Pensiun Eks PNS                       1.138.251.753             1.098.808.740               Pension Plan Ex-PNS
          Program Pensiun Eks                                                                               Pension Plan Ex-Perum
           Perum & Persero                              4.401.673.427             4.037.598.131                         & Persero
          Imbalan Kerja Lain                               78.591.696                60.745.103          Other Employment Benefits
          Jumlah Liabilitas Imbalan Kerja               5.618.516.876             5.197.151.974   Total Employee Benefit Liabilities


    Total liabilitas imbalan kerja yang tercatat pada                       The amounts of employee benefits liabilities
    laporan posisi keuangan konsolidasian yang                              recorded in the consolidated statement of
    timbul dari program pensiun imbalan pasti,                              financial position arising from defined benefit
    jaminan kesehatan pensiun, pesangon dan                                 pension plan, retirement healthcare, severance
    imbalan kerja jangka panjang lainnya sebagai                            pay, and other Long-term employee benefits
    berikut:                                                                are as follows:

                                                      2023                       2022
     Program Pensiun Eks PNS                         1.294.447.726              1.253.731.620                 Pension Plan Ex-PNS
     Program Pensiun                                                                                        Pension Plan Ex-Perum
      Eks Perum & Persero                            4.401.673.427              4.037.598.131                           & Persero
     Tantiem dan Bonus                               1.139.345.997                807.820.177                 Bonuses and Tantiem
     Imbalan Kerja Lain                                 78.591.696                 60.745.103            Other Employment Benefits
     Jumlah                                          6.914.058.846              6.159.895.031                                    Total




                                                                  104
Page 769
PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

26. Liabilitas Imbalan Kerja (Lanjutan)                     26. Employee Benefits Liabilities (Continued)

    Program Pensiun Imbalan Pasti                              Defined Benefits Pension Plans

    Karyawan Eks Pegawai Negeri Sipil (Eks-                    The Ex-Civil Service Employee (Ex-PNS)
    PNS)
    Sesuai dengan Peraturan Pemerintah tentang                 In accordance with Government Regulation
    Penyesuaian Pensiun Eks-PNS Departemen                     regarding the Adjustment of retairment of Ex-
    Perhubungan pada PT Kereta Api Indonesia                   PNS of Department of Transportation at
    (Persero) No. 64 tanggal 29 November 2007,                 PT Kereta Api Indonesia (Persero) No. 64
    Eks-PNS tersebut berhak memperoleh pensiun                 dated November 29, 2007, The Ex-Civil
    pokok yang besarnya disesuaikan sama                       Service Employee (PNS) of Department of
    dengan pensiun pokok yang diterima oleh                    Transportation who work is entitled to receive
    penerima pensiun PNS.                                      the principle amount of pension of the PNS.

    Berdasarkan Peraturan Menteri Keuangan                     Based on the Regulation of Minister of Finance
    No. 105/PMK.02.2010 tanggal 19 Mei 2010                    No. 105/PMK.02.2010 dated May 19, 2010
    tentang    Penyediaan         Dana     Program             regarding Provision of Retirement Program
    Penyesuaian Pensiun Eks-PNS Departemen                     Fund Adjustment for ex PNS Department of
    Perhubungan Perusahaan pada Pasal 3,                       Transportation of the Company, in Article 3
    sumber pendanaan pembayaran pensiun                        stated that sources of financing for employee
    pegawai berasal dari: iuran pegawai,                       pension fund payment consists of employee
    Perusahaan untuk kontribusi pendanaan                      contribution, the Company contribution, past
    bersama, past service liability yang dibayarkan            service liability paid by the Company, results of
    oleh Perusahaan, hasil investasi dari                      investment and accumulation of employee
    akumulasi dana pensiun pegawai Perusahaan                  pension funds of the Company, and Indonesian
    dan Anggaran Pendapatan dan Belanja                        Government Budget (APBN).
    Negara (APBN).

    Perusahaan diharuskan membayar past                        The Company is required to pay past service
    service liability sebesar Rp79.500.000 setiap              liability amounted to Rp79,500,000 for every
    tahun sampai dengan tahun 2024 kepada                      year until 2024 to PT Taspen (Persero) whom
    PT Taspen (Persero) yang bertanggungjawab                  is responsible for the payment of employee
    atas penyelenggaraan pembayaran pensiun                    pension funds in accordance with the
    pegawai sesuai mekanisme dan ketentuan                     mechanism and law regulation for the
    peraturan        perundang-undangan     yang               implementation of ex PNS pension funds
    mengatur       tata   cara   penyelenggaraan               payment.
    pembayaran pension karyawan Eks-PNS.

    Berdasarkan          Surat        Menteri                  Based on Letter of the Minister of Finance No.
    Keuangan No. S-927/MK.02/2012 tanggal                      S-927/MK.02/2012 dated December 26, 2012
    26 Desember 2012 perihal Penetapan                         concerning the Establishment of the Joint
    Pendanaan Bersama Pembayaran Manfaat                       Funding Retirement Benefit Payments between
    Pensiun       antara       APBN       dan                  the APBN and the Company states that the
    Perusahaan menetapkan bahwa kontribusi                     contribution is provided by joint funding the
    pendanaan Perusahaan dan Pemerintah                        Company and Government of 22% and 78%
    dalam Pendanaan Bersama masing-masing                      respectively. The percentage has not change
    sebesar 22% dan 78%. Sampai dengan                         until the issuance of financial statement report.
    tanggal penerbitan laporan keuangan tidak
    terdapat perubahan persentase Penetapan
    Pendanaan Bersama Pembayaran Manfaat
    Pensiun.




                                                      105
Page 770
PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

26. Liabilitas Imbalan Kerja (Lanjutan)                     26. Employee Benefits Liabilities (Continued)

    Detail beban pensiun Eks-PNS yang diakui                   The details of benefit pension plan ex-PNS
    pada laporan laba rugi konsolidasian sebagai               expense in the consolidated profit or loss are
    berikut:                                                   as follows:

                                           2023                  2022
    Biaya Jasa Kini                            1.719.627             4.282.372                  Current Service Cost
    Beban Bunga Bersih
     dari Liabilitas                                                                              Net Interest on the
     Manfaat Pasti                          390.366.436           450.315.024              Defined Benefit Obligation
    Jumlah                                  392.086.063           454.597.396                                   Total
    Bagian Pemerintah                      (305.827.129)         (354.585.969)                   Government Portion
    Bagian Perusahaan                         86.258.934          100.011.427                 The Company Portion


    Liabilitas sehubungan     dengan       program             Liability in respect of the defined benefits
    pensiun imbalan pasti sebagai berikut:                     pension plan are as follows:

                                            2023                  2022
    Nilai Kini Kewajiban                   6.991.946.498         6.808.303.387           Present Value of Obligation
    Nilai Wajar Aset                                                                     Fair Value of Pension Fund
     Program Dana Pensiun                 (1.108.093.198)       (1.109.523.297)                         Plan Assets
    Jumlah Liabilitas Bersih               5.883.853.300         5.698.780.090                           Net Liability
    Bagian Pemerintah                     (4.589.405.574)       (4.445.048.470)                 Government Portion
    Bagian Perusahaan                      1.294.447.726         1.253.731.620                 The Company Portion
    Dikurangi Bagian Jangka Pendek           156.195.973           154.922.880           Less of Short-term Portion
    Bagian Jangka Panjang                  1.138.251.753         1.098.808.740                   Long-term Portion


    Mutasi liabilitas sebagai berikut:                         Movements in liabilities are as follows:

                                            2023                  2022
    Awal Tahun                             5.698.780.090         6.052.961.791                Beginning of the Year
    Beban Laba Rugi                          392.086.063           454.597.396                 Profit Loss Expenses
    Pembayaran Manfaat                     (811.896.940)         (839.796.321)                   Benefits Payments
    Penghasilan Komprehensif Lain            604.884.087            31.017.224         Other Comprehensive Income
    Akhir Tahun                            5.883.853.300         5.698.780.090                           End of Year
    Bagian Pemerintah                     (4.589.405.574)       (4.445.048.470)             The Government Portion
    Bagian Perusahaan                      1.294.447.726         1.253.731.620                 The Company Portion
    Dikurangi Bagian Jangka Pendek           156.195.973           154.922.880           Less of Short-term Portion
    Bagian Jangka Panjang                  1.138.251.753         1.098.808.740                   Long-term Portion


    Mutasi nilai wajar aset program dana pensiun               The movements in the fair value of pension
    sebagai berikut:                                           plan assets are as follows:

                                            2023                  2022
    Nilai Wajar Aset Program                                                              Fair Value of Pension Plan
     Dana Pensiun Awal Tahun               1.109.523.297         1.206.242.595       Assets at Beginning of the Year
    Pengembalian Aset                                                                            Expected Return on
     Dana yang Diharapkan                     76.002.346            91.071.316                          Plan Assets
    Imbal Hasil Aset Program                                                                   Return on Plan Assets
     Non Bunga-Neto                         (77.432.445)         (187.790.614)                      Non Interest-Net
    Akhir Tahun                            1.108.093.198         1.109.523.297                          End of Year
    Bagian Pemerintah                      (864.312.694)         (865.428.172)             The Government Portion
    Bagian Perusahaan                        243.780.504           244.095.125               The Company Portion




                                                     106
Page 771
PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

26. Liabilitas Imbalan Kerja (Lanjutan)                      26. Employee Benefits Liabilities (Continued)
    Mutasi penghasilan komprehensif lain adalah                 The movements of other            comprehensive
    sebagai berikut:                                            income are as follows:
                                              2023                  2022
    Saldo Awal                                 603.469.973           572.452.750                   Beginning Balance
    Tahun Berjalan                             604.884.087            31.017.224                        Current Year
    Saldo Akhir                              1.208.354.060           603.469.974                     Ending Balance
    Bagian Pemerintah                        (942.516.167)         (470.706.580)              The Government Portion
    Bagian Perusahaan                         265.837.893           132.763.394                The Company Portion


    Komposisi    penempatan    investasi  yang                  The composition of investment placement on
    dilakukan atas aset program adalah sebagai                  plan asset are as follows:
    berikut:
                                             2023                  2022
                                              %                     %
    Deposito                                 38,35                 39,91                               Time Deposits
    Surat Utang Negara                       39,66                 38,21                        Government Securities
    Sukuk                                    21,99                 21,88                                      Sukuk
    Jumlah                                  100,00                100,00                                         Total


    Analisa sensitivitas kuantitatif untuk asumsi               A quantitative sensitivity analysis for significant
    yang signifikan pada tanggal 31 Desember                    assumptions as of December 31, 2023 and
    2023 dan 2022 sebagai berikut:                              2022 as follows:
                                            2023                   2022
    Analisa Sensitivitas                                                                           Sensitivity Analysis
     Nilai Kini Kewajiban                                                                    Present Value of Defined
       Imbalan Pasti                                                                              Benefit Obligation
         Akhir Tahun                                                                                  End of Year
     Tingkat Diskonto + 1%                  1.538.141.904          1.804.026.574                           Rate + 1%
     Tingkat Diskonto - 1%                  1.538.316.807          1.836.093.002                            Rate - 1%
     Tingkat Kenaikan Gaji + 1%             1.538.295.732          1.829.053.197                Salary Increase + 1%
     Tingkat Kenaikan Gaji - 1%             1.538.161.005          1.810.697.372                Salary Increase - 1%

    Program Pensiun Eks Perum dan Persero                       Pension Plan of Ex-Perum and Persero
    Perusahaan      menyelenggarakan       program              The Company organize defined benefit
    pensiun manfaat pasti bagi karyawan                         pension plan for employees of ex-Perum which
    Eks-Perum yang direkrut sebelum Agustus                     hired before August 2009. The pension
    2009. Manfaat pensiun dihitung berdasarkan                  benefits are calculated based TDPIP in 2012
    TDPIP tahun 2012 dengan ketetapan                           with the provisions of zero increment of Basic
    perhitungan           tanpa           kenaikan              Salary Program managed by PT Asuransi
    Gaji    Dasar     Program      yang     dikelola            Jiwasraya (Persero) based on Agreement Nos.
    oleh PT Asuransi Jiwasraya (Persero)                        161/HK/UM/2003, and 099.SJ.U.0903 and
    Berdasarkan Perjanjian No. 161/HK/ UM/2003                  162/HK/UM/2003, and 100.SJ.U.0903 dated
    dan      099.SJ.U.0903      serta    perjanjian             September 28, 2003 on the program
    No. 162/HK/UM/2003 dan No. 100.SJ.U.0903                    management of the Annuity Pension Plan for
    tanggal    28    September      2003    tentang             Retirement and old Age Protection Program for
    Pengelolaan program Anuitas Pensiun Bagi                    Employees of Company. Persero’s employees
    Pensiunan dan Pengelolaan Program Jaminan                   hired after August 2009 is granted severance
    Hari    Tua   Bagi     Pegawai     Perusahaan.              pay in accordance with Indonesian’s Rules. On
    Sedangkan untuk karyawan Persero yang                       June 2, 2021 starting from May 1, 2021 to
    direkrut setelah Agustus 2009 diberikan                     April 30, 2026 the Company transferred its
    pesangon sesuai ketentuan Undang- Undang.                   insurance policy to PT Asuransi Jiwa IFG (IFG
    Pada 2 Juni 2021 terhitung sejak tanggal 1 Mei              Life).
    2021 sampai dengan 30 April 2026
    Perusahaan mengalihkan polis asuransi
    kepada PT Asuransi Jiwa IFG (IFG Life).

                                                       107
Page 772
PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

26. Liabilitas Imbalan Kerja (Lanjutan)                     26. Employee Benefits Liabilities (Continued)

    Rincian      beban      pensiun     karyawan               The details of the benefit pension ex-Perum
    Eks-Perum dan Persero yang diakui pada laba                and Persero employees expenses in the
    rugi konsolidasian sebagai berikut:                        consolidated profit or loss are as follows:

                                           2023                   2022
    Biaya Jasa Kini                         407.654.900           279.369.254                   Current Service Cost
    Beban Bunga Bersih dari                                                                        Net Interest on the
     Liabilitas Manfaat Pasti               276.575.472           299.946.436            Net Defined Benefit Liability
    Biaya Jasa Lalu                         376.818.322           581.699.330                      Past Service Cost
    Jumlah                                 1.061.048.694         1.161.015.020                                  Total


    Liabilitas sehubungan dengan program pensiun               Liability in respect of the defined benefits
    imbalan pasti sebagai berikut:                             pension plan are as follows:

                                            2023                  2022
    Nilai Kini Kewajiban                   6.972.524.360         6.332.375.492            Present Value of Obligation
    Nilai Wajar Aset Program                                                              Fair Value of Pension Fund
     Dana Pensiun                         (2.570.850.933)       (2.294.777.361)                          Plan Assets
    Jumlah Liabilitas Bersih               4.401.673.427         4.037.598.131                           Net Liability


    Mutasi liabilitas sebagai berikut:                         Movements in liabilities are as follows:

                                            2023                  2022
    Awal Tahun                             4.037.598.131         4.337.122.922                   Beginning of theYear
    Beban Laba Rugi                        1.061.048.694         1.161.015.020                   Profit Loss Expenses
    Penghasilan Komprehensif Lain            (87.896.683)        (774.472.696)         Other Comprehensive Income
    Iuran Dibayar Perusahaan               (609.076.715)         (686.067.115)      Contribution Paid by the Company
    Akhir Tahun                            4.401.673.427         4.037.598.131                             End of Year
    Dikurangi Bagian Jangka Pendek                     --                    --          Less of Short-term Portion
    Bagian Jangka Panjang                  4.401.673.427         4.037.598.131                The Long-term Portion


    Mutasi nilai wajar aset program dana pensiun               The movements in the fair value of pension
    sebagai berikut:                                           plan assets are as follows:

                                            2023                  2022
    Nilai Wajar Aset                                                                             Fair Value of Pension
     Program Dana Pensiun                                                                              Plan Assets at
     Awal Tahun                            2.294.777.361         1.369.231.011                   Beginning of the Year
    Iuran Dibayar Perusahaan                 609.076.715           686.067.114
                                                                             --     Contribution Paid by the Company
    Manfaat Dibayar Pihak Ketiga           (628.405.828)          (378.799.695)            Benefit Paid by Third Party
    Pendapatan Bunga                         157.192.249             51.777.401                       Interest Income
    Imbal Hasil Aset Program                                                                  Return on Plan Assets
     Non Bunga-Neto                          138.210.436           566.501.530                      Non Interest-Net
    Akhir Tahun                            2.570.850.933         2.294.777.361                           End of Year


    Mutasi penghasilan komprehensif lain adalah                The movements of other             comprehensive
    sebagai berikut:                                           income are as follows:

                                            2023                  2022
    Saldo Awal                             1.155.277.532         1.929.750.228                     Beginning Balance
    Tahun Berjalan                           (87.896.683)        (774.472.696)                          Current Year
    Saldo Akhir                            1.067.380.849         1.155.277.532                      Ending Balance




                                                     108
Page 773
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

26. Liabilitas Imbalan Kerja (Lanjutan)                    26. Employee Benefits Liabilities (Continued)

    Komposisi    penempatan    investasi yang                 The composition of investment placement on
    dilakukan atas aset program adalah sebagai                plan asset program are as follows:
    berikut:

                                           2023                  2022
                                             %                     %
    Saham                                  73,37                 83,07                                      Shares
    Properti                               11,26                  7,30                                     Property
    Obligasi                                0,87                  5,22                                       Bonds
    Deposito                               12,40                  4,39                                Time Deposits
    Lain - lain                             2,10                  0,02                                      Others
    Jumlah                                 100,00               100,00                                         Total


    Analisa sensitivitas kuantitatif untuk asumsi             A quantitative sensitivity analysis for significant
    yang signifikan pada tanggal 31 Desember                  assumptions as of December 31, 2023 and
    2023 dan 2022 sebagai berikut:                            2022 as follows:

                                           2023                  2022
    Analisa Sensitivitas                                                                          Sensitivity Analysis
     Nilai Kini Kewajiban                                                                   Present Value of Defined
       Imbalan Pasti                                                                             Benefit Obligation
         Akhir Tahun                                                                                 End of Year
     Tingkat Diskonto + 1%                6.450.671.207          5.426.003.218                            Rate + 1%
     Tingkat Diskonto - 1%                7.370.945.107          7.468.412.583                             Rate - 1%
     Tingkat Kenaikan Gaji + 1%           7.369.357.057          6.801.813.768                 Salary Increase + 1%
     Tingkat Kenaikan Gaji - 1%           6.444.295.205          5.910.921.140                 Salary Increase - 1%


    Imbalan Kerja Lainnya                                     Other Employment Benefits
    Perusahaan juga memberikan imbalan kerja                  The Group also provides other defined
    lainnya berupa uang pesangon, penghargaan                 employment benefit plans such as severance
    masa bakti, tunjangan masa persiapan                      pay, long-service award, pension preparation
    pensiun dan tunjangan cuti besar kepada                   year and long leave allowance for their eligible
    karyawan yang memenuhi persyaratan sesuai                 employees based on the Group’s policies.
    dengan kebijakan Perusahaan. Imbalan                      These other post employment benefits are
    program ini tidak didanai dan ditentukan                  unfunded and computed based on the salaries
    berdasarkan penghasilan dan masa kerja                    and service years of the employees.
    karyawan.

    Detail beban imbalan kerja lainnya yang diakui            The details of the other employment benefits
    pada laporan laba rugi konsolidasian sebagai              expenses recognized to the consolidated
    berikut:                                                  statement of profit or loss are as follows:

                                           2023                  2022
    Biaya Jasa Kini                          15.445.707          (15.800.366)                  Current Service Cost
    Beban Bunga Bersih                                                                            Net Interest on the
     dari Liabilitas Manfaat Pasti            3.062.352             3.072.270               Defined Benefit Liability
    Biaya Jasa Lalu                           8.460.348           (4.094.228)                     Past Service Cost
    Jumlah                                   26.968.407          (16.822.324)                                   Total




                                                     109
Page 774
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

26. Liabilitas Imbalan Kerja (Lanjutan)                    26. Employee Benefits Liabilities (Continued)

    Liabilitas sehubungan dengan imbalan kerja                Liabilities in respect of other employment
    lain sebagai berikut:                                     benefits are as follows:

                                           2023                  2022
    Nilai Kini Kewajiban                    131.902.649           101.117.886             Present Value of Obligation
    Nilai Wajar Aset Program                                                              Fair Value of Pension Fund
     Dana Pensiun                           (82.396.323)          (62.234.485)                           Plan Assets
    Surplus                                   49.506.326            38.883.401                               Surplus
    Pembatasan Aset                           29.085.370            21.861.702                      Restricted Assets
    Jumlah Liabilitas Bersih                 78.591.696            60.745.103                            Net Liability


    Mutasi liabilitas sebagai berikut:                        Movements in liabilities are as follows:

                                           2023                  2022
    Awal Tahun                                60.745.103            76.900.516                   Beginning of the Year
    Beban Laba Rugi                           26.968.407          (16.822.324)                   Profit Loss Expenses
    Pembayaran Manfaat                       (3.576.542)           (3.883.812)                     Benefits Payments
    Penghasilan Komprehensif Lain             11.672.377            20.435.429         Other Comprehensive Income
    Iuran Dibayar Perusahaan                (17.217.649)          (15.884.706)      Contribution Paid by the Company
    Akhir Tahun                              78.591.696            60.745.103                            End of Year


    Mutasi nilai wajar aset program liabilitas                The movements in the fair value of other
    imbalan kerja lainnya sebagai berikut:                    employement benefits plan assets are as
                                                              follows:

                                           2023                  2022
    Nilai Wajar Aset                                                                             Fair Value of Pension
     Program Dana Pensiun                                                                              Plan Assets at
     Awal Tahun                              62.234.485            45.609.101                   Beginning of the Year
    Pengembalian Aset Dana                                                                         Expected Return on
     yang Diharapkan                          5.025.727             2.484.660                             Plan Assets
    Imbalan Hasil atas Aset                                                                     Return on Plan Assets
     Program yang tidak Termasuk                                                           Plan Assets, which are not
     dalam Bunga Neto                        (1.271.731)           (1.338.719)                Included in Net Interest
    Iuran Dibayar Perusahaan                 17.217.649            15.884.706       Contribution Paid by the Company
    Iuran Dibayar Pihak Ketiga                 (809.807)             (405.263)        Contribution Paid by Third Party
    Akhir Tahun                              82.396.323            62.234.485                            End of Year

    Mutasi penghasilan komprehensif lain adalah               The movements of other              comprehensive
    sebagai berikut:                                          income are as follows:
                                           2023                  2022
    Saldo Awal                               24.038.439             3.603.010                      Beginning Balance
    Tahun Berjalan                           11.672.377            20.435.429                           Current Year
    Saldo Akhir                              35.710.816            24.038.439                       Ending Balance

    Analisa sensitivitas kuantitatif untuk asumsi             A quantitative sensitivity analysis for significant
    yang      signifikan        pada       tanggal            assumptions as of December 31, 2023 and
    31 Desember 2023 dan 2022 sebagai berikut:                2022 as follows:
                                           2023                  2022
    Analisa Sensitivitas                                                                           Sensitivity Analysis
     Nilai Kini Kewajiban                                                                    Present Value of Defined
       Imbalan Pasti                                                                              Benefit Obligation
         Akhir Tahun                                                                                  End of Year
     Tingkat Diskonto + 1%                  118.765.469            89.675.423                               Rate + 1%
     Tingkat Diskonto - 1%                  145.999.539           111.500.045                                Rate - 1%
     Tingkat Kenaikan Gaji + 1%             145.742.865           111.059.962                    Salary Increase + 1%
     Tingkat Kenaikan Gaji - 1%             118.755.840            89.856.188                    Salary Increase - 1%


                                                     110
Page 775
PT KERETA API INDONESIA (PERSERO)                                                                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                                (In Thousand of Rupiah, Unless Otherwise Stated)

27. Pinjaman Program PEN                                                                                 27. PEN Program Loan
                                                                                2023                                    2022
    Pokok Pinjaman (Catatan 41)                                                3.062.500.000                            3.500.000.000                                  Principal of Loan (Note 41)
    Penyesuaian Nilai Wajar                                                    (463.343.632)                            (572.443.093)                                       Fair Value Adjustment
    Nilai Wajar Pinjaman                                                       2.599.156.368                            2.927.556.907                                           Fair Value of Loan
    Pendapatan Hibah Ditangguhkan                                                463.343.632                              572.443.093                                      Deferred Grant Income
    Jumlah                                                                     3.062.500.000                            3.500.000.000                                                                   Total
    Jumlah Bagian Pinjaman                                                                                                                                                      Total Portion of
     Program PEN yang Jatuh                                                                                                                                                      PEN Program
     Tempo dalam Satu Tahun                                                       437.500.000                              437.500.000                                Maturing within One Year
    Bagian Jangka Panjang                                                      2.625.000.000                            3.062.500.000                                  Long Term Loans Portion


    Perusahaan       menandatangani       perjanjian                                                               The Company entered into an agreement with
    pemberian      dana     investasi   Pemerintah                                                                 PT Sarana Multi Infrastruktur (Persero) by
    Republik Indonesia dengan PT Sarana Multi                                                                      Deed No.17 dated November 30, 2020 by
    Infrastruktur (Persero) dalam bentuk pinjaman                                                                  Notary in Jakarta regarding Providing
    dalam rangka program pemulihan ekonomi                                                                         Investment Fund of the Government of
    nasional dengan Akta No.17 tanggal 30                                                                          Republic Indonesia in the form of loan for the
    November 2020 yang di hadapan Pratiwi                                                                          National     Economic      Recovery    Program.
    Handayani, Notaris di Jakarta. Keputusan                                                                       Minister         of       Finance        Decree
    Menteri Keuangan Nomor. 531/KMK.06/2020                                                                        Number.531/KMK.06/2020 dated November
    tanggal     20    November      2020    tentang                                                                20, 2020 concerning the Assignment to the
    Penugasan kepada Perusahaan Perseroan                                                                          Limited Liability Company (Persero) PT Sarana
    (Persero) PT Sarana Multi Infrastruktur                                                                        Multi Infrastruktur as an Investment executor to
    sebagai       Pelaksana     Investasi     Untuk                                                                Implement Government Investment in the
    Melaksanakan Investasi Pemerintah dalam                                                                        order of the National Economic Recovery
    Rangka Program Pemulihan Ekonomi Nasional                                                                      Program and Regulation of the Minister of
    serta      Peraturan      Menteri     Keuangan                                                                 Finance      Number.118/PMK.06/2020       dated
    Nomor.118/PMK.06/2020 tanggal 2 September                                                                      September 2, 2020, concerning Investment in
    2020 tentang Investasi Dalam Rangka                                                                            the order of the National Economic Recovery
    Program Pemulihan Ekonomi Nasional yang                                                                        Program, hereinafter referred to as the PEN
    selanjutnya disebut Program PEN.                                                                               Program.
    Informasi lain mengenai Program PEN pada                                                                       Other Information about PEN Program as of
    31 Desember 2023 adalah sebagai berikut:                                                                       December 31, 2023 as follow:
                                                                             Tanggal Jatuh Tempo                          Suku Bunga
                                                                 Nama
                            Kreditur/                                          Perjanjian Kredit/                         Per Tahun/                   Agunan/
                                                               Fasilitas/                                                                                                       Financial Covenant
                            Creditor                                         Maturity Date of Credit                     Interest Rate                Collateral
                                                             Facility Name
                                                                                  Agreement                               per Annum
    Perusahaan/The Company

    Pinjaman Program Pemulihan Ekonomi Nasional (PEN)/
    Pemulihan Ekonomi Nasiona (PEN) Program Loan
     Pemerintah Republik Indonesia                             Pemulihan     31 Oktober 2030/ October        Sampai dengan 31 Desember 2027 Repo           -                 Indikator pembayaran bunga:
                                                                Ekonomi              31, 2030                              rate - 100 BPS                               Interest Coverage Ratio (ICR) >1,0 kali
                                                                Nasional                                       1 Januari 2028 sampai dengan lunas                            Indikator Pembayaran pokok:
                                                                 (PEN)                                             SUN tenor 3 tahun - 100 BPS/                            Debt to CFO >0 kali dan <10 kali/
                                                                                                             Until 31 December 2027 Repo rate - 100                           Interest payment indicators:
                                                                                                                                 BPS                                   Interest Coverage Ratio (ICR) >1.0 times
                                                                                                               January 1, 2028 until the 3 year SUN                          Principal Payment Indicators:
                                                                                                                     tenor is paid off - 100 BPS                         Debt to CFO >0 times and <10 times


    Mutasi atas saldo fasilitas tersebut adalah                                                                        Movement of the balance of these facilities
    sebagai berikut:                                                                                                   are as follow:
                                                                                                   2023
                    Kreditur/                               Saldo Awal/               Pencairan/                 Pembayaran/               Non-kas/             Saldo Akhir/              Beban Bunga/
                    Creditor                             Beginning Balance            Drawdown                    Payment                  Non-Cash            Ending Balance           Interest Expense
    Perusahaan/The Company
    Pinjaman Program Pemulihan Ekonomi Nasional (PEN)/
    Pemulihan Ekonomi Nasiona (PEN) Program Loan
      Pemerintah Republik Indonesia                    3.500.000.000                                    --          (437.500.000)                     --           3.062.500.000                  145.651.042


                                                                                                   2022
                    Kreditur/                               Saldo Awal/               Pencairan/                 Pembayaran/               Non-kas/             Saldo Akhir/              Beban Bunga/
                    Creditor                             Beginning Balance            Drawdown                    Payment                  Non-Cash            Ending Balance           Interest Expense
    Perusahaan/The Company
    Pinjaman Program Pemulihan Ekonomi Nasional (PEN)/
    Pemulihan Ekonomi Nasiona (PEN) Program Loan
      Pemerintah Republik Indonesia                    3.500.000.000                                    --                        --                  --           3.500.000.000                   88.715.278



                                                                                              111
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PT KERETA API INDONESIA (PERSERO)                                PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                      AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                       December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (In Thousand of Rupiah, Unless Otherwise Stated)

28. Pinjaman Jangka Panjang                               28. Long-term Loans

                                          2023                 2022
    Pihak Berelasi (Catatan 41)         12.829.344.797        11.855.551.877             Related Parties (Note 41)
    Pihak Ketiga                                                                                    Third Parties
     PT Bank Central Asia Tbk            3.419.813.820         3.187.005.145            PT Bank Central Asia Tbk
     PT Bank CIMB Niaga Tbk              2.470.630.404         2.020.370.749             PT Bank CIMB Niaga Tbk
     PT Bank KEB Hana Indonesia            568.687.305           465.046.975         PT Bank KEB Hana Indonesia
     PT Bank DKI                           568.687.305           465.046.975                        PT Bank DKI
     PT Bank Mega Tbk                      568.687.305           465.046.975                  PT Bank Mega Tbk
     PT BPD Sumatera Selatan dan                                                    PT BPD Sumatera Selatan dan
      Bangka Belitung                      345.892.954          286.151.843                     Bangka Belitung
     PT Bank Shinhan                       284.343.654          232.523.488                    PT Bank Shinhan
     PT BPD Sumatera Utara                 279.663.084          225.399.833               PT BPD Sumatera Utara
     Export-Import Bank                                                                       Export-Import Bank
      of United States                     100.890.342          277.446.558                     of United States
    Subjumlah                            8.607.296.173         7.624.038.541                             Subtotal
    Jumlah                              21.436.640.970        19.479.590.418                                 Total

    Bagian Pinjaman Jangka
     Panjang yang Jatuh Tempo                                                       Current Portion of Long-term
     dalam Satu Tahun                                                                           Loans Maturing
     Pihak Berelasi (Catatan 41)           929.940.459          805.012.927            Related Parties (Note 41)
     Pihak Ketiga                                                                                   Third Parties
     PT Bank Central Asia Tbk              235.672.613          217.450.982             PT Bank Central Asia Tbk
     PT Bank CIMB Niaga Tbk                 18.221.633                    --             PT Bank CIMB Niaga Tbk
      Export-Import Bank                                                                      Export-Import Bank
        of United States                    91.485.309          174.494.692                    of United States
     PT Bank KEB Hana Indonesia              4.194.238                    --         PT Bank KEB Hana Indonesia
     PT Bank DKI                             4.194.238                    --                         PT Bank DKI
     PT Bank Mega Tbk                        4.194.238                    --                   PT Bank Mega Tbk
     PT BPD Sumatera Selatan dan                                                    PT BPD Sumatera Selatan dan
      Bangka Belitung                        2.556.918                    --                    Bangka Belitung
     PT Bank Shinhan Indonesia               2.097.119                    --           PT Bank Shinhan Indonesia
     PT BPD Sumatera Utara                   2.056.743                    --              PT BPD Sumatera Utara
    Subjumlah                              364.673.049          391.945.674                            Subjumlah
    Jumlah Bagian Pinjaman
     Jangka Panjang yang Jatuh                                                            Total Current Portion of
     Tempo dalam Satu Tahun              1.294.613.508         1.196.958.601                   Long Term Loans
    Bagian Jangka Panjang               20.142.027.462        18.282.631.817            Long Term Loans Portion


    Berdasarkan mata uang:                                   Based on currencies:

                                          2023                 2022
    Berdasarkan Mata Uang:                                                                         By Currencies:
     Rupiah                              21.335.750.628       19.202.143.860                              Rupiah
     Dolar Amerika Serikat                  100.890.342          277.446.558                  United States Dollar
    Jumlah Pinjaman                                                                              Total Long Term
     Jangka Panjang                      21.436.640.970       19.479.590.418                      Loans Portion
    Bagian Pinjaman Jangka
     Panjang yang Jatuh Tempo                                                                 Current Portion of
     dalam Satu Tahun                                                                 Long-term Loans Maturing
     Rupiah                               1.203.128.199        1.022.463.909                             Rupiah
     Dolar Amerika Serikat                   91.485.309          174.494.692                 United States Dollar
    Jumlah Bagian Pinjaman
     Jangka Panjang yang Jatuh                                                            Total Current Portion of
     Tempo dalam Satu Tahun               1.294.613.508        1.196.958.601                   Long Term Loans

     Rupiah                              20.132.622.429       18.179.679.951                              Rupiah
     Dolar Amerika Serikat                    9.405.033          102.951.866                  United States Dollar
    Bagian Jangka Panjang                20.142.027.462       18.282.631.817            Long-term Loans Portion




                                                   112
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PT KERETA API INDONESIA (PERSERO)                                                                        PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                              AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                   FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                               For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                               December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                    (In Thousand of Rupiah, Unless Otherwise Stated)

28. Pinjaman Jangka Panjang (Lanjutan)                                                          28. Long-term Loans (Continued)
    Informasi lain mengenai Pinjaman Bank                                                              Other Information about Long-term Bank Loans
    Jangka Panjang pada 31 Desember 2023                                                               as of December 31, 2023 as follow:
    adalah sebagai berikut:
                                                                                                                          Suku Bunga
                                                                   Nama
                             Kreditur/                                         Tanggal Jatuh Tempo Perjanjian Kredit/      Per Tahun/              Agunan/                Financial
                                                                 Fasilitas/
                             Creditor                                            Maturity Date Of Credit Agreement        Interest rate           Collateral              Covenant
                                                               Facility Name
                                                                                                                           per annum
    Perusahaan/The Company
    Pinjaman Sindikasi Proyek Pengadaan 144 unit lokomotif,
    1.200 unit gerbong (KKBW) dan 1.200 unit gerbong (PPCW)/
    Syndicated Loan Project Procurement of 144 units of
    locomotives, 1,200 units of carriages (KKBW) and 1,200
    units of carriages (PPCW)
      PT Bank Negara Indonesia (Persero) Tbk                    Sindikasi/          Tahap/ Stage I : 25 Juli 2025/       6,05% - 11,12%   Aset sarana yang dibiayai/    Debt to Equity
                                                                Syndicated                 July 25, 2025                                    Funded facility assets     Ratio Max 300%
                                                                                  Tahap/ Stage II : 8 Agustus 2026/                                                     Debt Service
                                                                                          August 8, 2026                                                               Coverage Ratio
                                                                                                                                                                         min 1.25 x
                                                                                                                                                                         Cash Flow
                                                                                                                                                                       Operation positif
      PT Bank Rakyat Indonesia (Persero) Tbk                    Sindikasi/          Tahap/ Stage I : 25 Juli 2025/       6,05% - 11,12%   Aset sarana yang dibiayai/    Debt to Equity
                                                                Syndicated                 July 25, 2025                                    Funded facility assets     Ratio Max 300%
                                                                                  Tahap/ Stage II : 8 Agustus 2026/                                                     Debt Service
                                                                                          August 8, 2026                                                               Coverage Ratio
                                                                                                                                                                         min 1.25 x
                                                                                                                                                                         Cash Flow
                                                                                                                                                                       Operation positif
    Proyek Pengadaan 10 Set KRL Komuter Jabodetabek/
    Procurement Project for 10 Sets of Jabodetabek Commuter
    KRL
      Kementerian Keuangan                                     Term Loan II               1 Desember 2047/               7,50% - 8,38%                 -                       -
                                                                Berulang/                 December 1, 2047
                                                                Revolving
    Proyek Pengadaan 600 KKBW, 600 PPCW dan 1.213 KKBW/
    Procurement Project of 600 KKBW, 600 PPCW and 1,213
    KKBW
      PT Bank Central Asia Tbk                                 Term Loan II    Tahap/ Stage I & II : 25 November 2026/   6,00% - 10,26%   Aset sarana yang dibiayai/    Debt to Equity
                                                                Berulang/                November 25, 2026                                  Funded facility assets     Ratio Max 300%
                                                                Revolving          Tahap/ Stage III : 4 Maret 2028/                                                     Debt Service
                                                                                           March 4, 2028                                                               Coverage Ratio
                                                                                                                                                                         min 1.25 x

    Pinjaman Sindikasi Commuterline (Jabodetabek)/
    Commuterline Syndicated Loan (Jabodetabek)


      PT Bank Mandiri (Persero) Tbk                             Sindikasi/          Tahap/ Stage I : 10 Mei 2028/        3,00% - 11,66%   Gadai Rekening dan Fidusia    Debt to Equity
                                                                Syndicated                  May 10, 2028                                  atas Tagihan/ Pawn account   Ratio Max 300%
                                                                                    Tahap/ Stage II : 25 Juni 2029/                           and fiduciary on bills    Debt Service
                                                                                           June 25, 2029                                                               Coverage Ratio
                                                                                                                                                                         min 1.25 x
                                                                                                                                                                         Cash Flow
                                                                                                                                                                       Operation positif
      PT Bank Negara Indonesia (Persero) Tbk                    Sindikasi/          Tahap/ Stage I : 10 Mei 2028/        3,00% - 11,66%   Gadai Rekening dan Fidusia    Debt to Equity
                                                                Syndicated                 May 10, 2028                                   atas Tagihan/ Pawn account   Ratio Max 300%
                                                                                     Tahap/ Stage II : 25 Juni I/                             and fiduciary on bills    Debt Service
                                                                                           June 25, 2029                                                               Coverage Ratio
                                                                                                                                                                         min 1.25 x
                                                                                                                                                                         Cash Flow
                                                                                                                                                                       Operation positif
      PT Bank Rakyat Indonesia (Persero) Tbk                    Sindikasi/          Tahap/ Stage I : 10 Mei 2028/        3,00% - 11,66%   Gadai Rekening dan Fidusia    Debt to Equity
                                                                Syndicated                  May 10, 2028                                  atas Tagihan/ Pawn account   Ratio Max 300%
                                                                                    Tahap/ Stage II : 25 Juni 2029/                           and fiduciary on bills    Debt Service
                                                                                           June 25, 2029                                                               Coverage Ratio
                                                                                                                                                                         min 1.25 x
                                                                                                                                                                         Cash Flow
                                                                                                                                                                       Operation positif
      PT Bank Central Asia Tbk                                  Sindikasi/          Tahap/ Stage I : 10 Mei 2028/        3,00% - 11,66%   Gadai Rekening dan Fidusia    Debt to Equity
                                                                Syndicated                  May 10, 2028                                  atas Tagihan/ Pawn account   Ratio Max 300%
                                                                                    Tahap/ Stage II : 25 Juni 2029/                           and fiduciary on bills    Debt Service
                                                                                           June 25, 2029                                                               Coverage Ratio
                                                                                                                                                                         min 1.25 x
                                                                                                                                                                         Cash Flow
                                                                                                                                                                       Operation positif
    Proyek Pengadaan 50 Lokomotif General Electric /
    Procurement Project for 50 General Electric Locomotives
      Export-Import Bank of United States                      Term Loan II     Tarikan/ Drawdown I : 15 Maret 2024/         2,54%        Aset sarana yang dibiayai/           -
                                                                Berulang/                  March 15, 2024                                   Funded facility assets
                                                                Revolving       Tarikan/ Drawdown II : 15 Juni 2024/
                                                                                            June 15, 2024
                                                                                Tarikan/ Drawdown II : 15 Maret 2025/
                                                                                           March 15, 2025




                                                                                      113
Page 778
PT KERETA API INDONESIA (PERSERO)                                                                          PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                                AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                     NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                     FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                                 For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                                 December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                      (In Thousand of Rupiah, Unless Otherwise Stated)

28. Pinjaman Jangka Panjang (Lanjutan)                                                           28. Long-term Loans (Continued)
                                                                                                                                  Suku Bunga
                                                                 Nama
                                 Kreditur/                                    Tanggal Jatuh Tempo Perjanjian Kredit/              Per Tahun/               Agunan/                Financial
                                                                Fasilitas/
                                 Creditor                                       Maturity Date Of Credit Agreement                Interest rate            Collateral              Covenant
                                                              Facility Name
                                                                                                                                  per annum
    Perjanjian Sindikasi Bandara Soekarno Hatta (Basoetta)/
    Soekarno Hatta Airport (Basoetta) Syndication Agreement


      PT Bank Mandiri (Persero) Tbk                           Sindikasi/                   31 Oktober 2030/                     6,75% - 11,69%   Gadai Rekening dan Fidusia    Debt to Equity
                                                              Syndicated                   October 31, 2030                                      atas Tagihan/ Pawn account   Ratio Max 300%
                                                                                                                                                     and fiduciary on bills    Debt Service
                                                                                                                                                                              Coverage Ratio
                                                                                                                                                                                min 1.25 x
                                                                                                                                                                                Cash Flow
                                                                                                                                                                              Operation positif
      PT Bank Negara Indonesia (Persero) Tbk                  Sindikasi/                   31 Oktober 2030/                     6,75% - 11,69%   Gadai Rekening dan Fidusia    Debt to Equity
                                                              Syndicated                   October 31, 2030                                      atas Tagihan/ Pawn account   Ratio Max 300%
                                                                                                                                                     and fiduciary on bills    Debt Service
                                                                                                                                                                              Coverage Ratio
                                                                                                                                                                                min 1.25 x
                                                                                                                                                                                Cash Flow
                                                                                                                                                                              Operation positif
      PT Bank Rakyat Indonesia (Persero) Tbk                  Sindikasi/                   31 Oktober 2030/                     6,75% - 11,69%   Gadai Rekening dan Fidusia    Debt to Equity
                                                              Syndicated                   October 31, 2030                                      atas Tagihan/ Pawn account   Ratio Max 300%
                                                                                                                                                     and fiduciary on bills    Debt Service
                                                                                                                                                                              Coverage Ratio
                                                                                                                                                                                min 1.25 x
                                                                                                                                                                                Cash Flow
                                                                                                                                                                              Operation positif
      PT Bank Central Asia Tbk                                Sindikasi/                   31 Oktober 2030/                     6,75% - 11,69%   Gadai Rekening dan Fidusia    Debt to Equity
                                                              Syndicated                   October 31, 2030                                      atas Tagihan/ Pawn account   Ratio Max 300%
                                                                                                                                                     and fiduciary on bills    Debt Service
                                                                                                                                                                              Coverage Ratio
                                                                                                                                                                                min 1.25 x
                                                                                                                                                                                Cash Flow
                                                                                                                                                                              Operation positif
    Perjanjian Pinjaman Sindikasi Proyek Light Rail Transit
    (LRT)/ Light Rail Transit (LRT) Project Syndicated Loan
    Agreement
      PT Bank Mandiri (Persero) Tbk                           Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      PT Bank Rakyat Indonesia (Persero) Tbk                  Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      PT Bank Negara Indonesia (Persero) Tbk                  Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      PT Bank Central Asia Tbk                                Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      PT Bank CIMB Niaga Tbk                                  Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      PT Sarana Multi Infrastruktur (Persero)                 Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      The Bank of Tokyo-Mitsubishi UFJ, Ltd                   Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      PT Bank Shinhan Indonesia                               Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      PT Bank KEB Hana Indonesia                              Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      PT Bank DKI                                             Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      PT BPD Sumatera Selatan dan Bangka Belitung             Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      PT Bank Mega Tbk                                        Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit
      PT BPD Sumatera Utara                                   Sindikasi/      15 tahun sejak terpenuhinya seluruh syarat        7,49% - 9,25%       Jaminan Pemerintah/        Debt to Equity
                                                              Syndicated      efektif pemberian kredit / 15 years as from                          Government Guarantee       Ratio Max 500%
                                                                              the fulfillment of all effective conditions for
                                                                                              granting credit




                                                                                       114
Page 779
PT KERETA API INDONESIA (PERSERO)                                                                        PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                              AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                   FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                               For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                               December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                    (In Thousand of Rupiah, Unless Otherwise Stated)

28. Pinjaman Jangka Panjang (Lanjutan)                                                          28. Long-term Loans (Continued)
                                                                                                                          Suku Bunga
                                                                    Nama
                               Kreditur/                                        Tanggal Jatuh Tempo Perjanjian Kredit/     Per Tahun/              Agunan/                  Financial
                                                                  Fasilitas/
                               Creditor                                           Maturity Date Of Credit Agreement       Interest rate           Collateral                Covenant
                                                                Facility Name
                                                                                                                           per annum
    Perusahaan/The Company
    Pinjaman Transaksi  Khusus/ Special Transaction Loans
      PT Bank Mandiri (Persero) Tbk                              Sindikasi/               26 Desember 2026/              7,25% - 10,15%        Negative Pledge            Debt to Equity
                                                                 Syndicated               December 26, 2026                                                              Ratio Max 300%
                                                                                                                                                                           Debt Service
                                                                                                                                                                          Coverage Ratio
                                                                                                                                                                            min 1.25 x
                                                                                                                                                                         Current Ratio min
                                                                                                                                                                              100%

      Lembaga Pembiayaan Ekspor Impor                            Sindikasi/               26 Desember 2026/              7,25% - 10,15%        Negative Pledge            Debt to Equity
                                                                 Syndicated               December 26, 2026                                                              Ratio Max 300%
                                                                                                                                                                           Debt Service
                                                                                                                                                                          Coverage Ratio
                                                                                                                                                                            min 1.25 x
                                                                                                                                                                         Current Ratio min
                                                                                                                                                                              100%

      PT Sarana Multi Infrastruktur (Persero)                    Sindikasi/               26 Desember 2026/              7,25% - 10,15%        Negative Pledge            Debt to Equity
                                                                 Syndicated               December 26, 2026                                                              Ratio Max 300%
                                                                                                                                                                           Debt Service
                                                                                                                                                                          Coverage Ratio
                                                                                                                                                                            min 1.25 x
                                                                                                                                                                         Current Ratio min
                                                                                                                                                                              100%

    Entitas Anak/ Subsidiaries - PT Kereta Commuter Indonesia


    Proyek Pengembangan Commuterline Jabodetabek/
    Jabodetabek Commuterline Development Project
      PT Bank Mandiri (Persero) Tbk                              Sindikasi/     25 Desember 2027/ December 25, 2027       9,38-9,77%      -Fiduciary of movable assets    Debt to Equity
                                                                 Syndicated                                                                     - Fiduciary on bills     Ratio Max 300%
                                                                                                                                              - Fiduciary over bank      Current Ratio min
                                                                                                                                                     accounts                 100%
                                                                                                                                             - Company Guarantee           Debt Service
                                                                                                                                                                          Coverage Ratio
                                                                                                                                                                            min 1.50 x

      PT Bank Negara Indonesia (Persero) Tbk                     Sindikasi/     25 Desember 2027/ December 25, 2027       9,38-9,77%      -Fiduciary of movable assets    Debt to Equity
                                                                 Syndicated                                                                     - Fiduciary on bills     Ratio Max 300%
                                                                                                                                              - Fiduciary over bank      Current Ratio min
                                                                                                                                                     accounts                 100%
                                                                                                                                             - Company Guarantee           Debt Service
                                                                                                                                                                          Coverage Ratio
                                                                                                                                                                            min 1.50 x

      PT Bank Rakyat Indonesia (Persero) Tbk                     Sindikasi/     25 Desember 2027/ December 25, 2027       9,38-9,77%      -Fiduciary of movable assets    Debt to Equity
                                                                 Syndicated                                                                     - Fiduciary on bills     Ratio Max 300%
                                                                                                                                              - Fiduciary over bank      Current Ratio min
                                                                                                                                                     accounts                 100%
                                                                                                                                             - Company Guarantee           Debt Service
                                                                                                                                                                          Coverage Ratio
                                                                                                                                                                            min 1.50 x

      PT Bank Central Asia Tbk                                   Sindikasi/     25 Desember 2027/ December 25, 2027       9,38-9,77%      -Fiduciary of movable assets    Debt to Equity
                                                                 Syndicated                                                                     - Fiduciary on bills     Ratio Max 300%
                                                                                                                                              - Fiduciary over bank      Current Ratio min
                                                                                                                                                     accounts                 100%
                                                                                                                                             - Company Guarantee           Debt Service
                                                                                                                                                                          Coverage Ratio
                                                                                                                                                                            min 1.50 x




                                                                                       115
Page 780
PT KERETA API INDONESIA (PERSERO)                                                                        PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                              AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                   FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                               For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                               December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                    (In Thousand of Rupiah, Unless Otherwise Stated)

28. Pinjaman Jangka Panjang (Lanjutan)                                                          28. Long-term Loans (Continued)
                                                                                                                         Suku Bunga
                                                                    Nama
                             Kreditur/                                          Tanggal Jatuh Tempo Perjanjian Kredit/    Per Tahun/                Agunan/                 Financial
                                                                  Fasilitas/
                             Creditor                                             Maturity Date Of Credit Agreement      Interest rate             Collateral               Covenant
                                                                Facility Name
                                                                                                                          per annum

    Entitas Anak/ Subsidiaries - PT Kereta Commuter Indonesia


    Proyek Pengadaan 10 Unit Rangkaian Kereta/ Procurement
    Project for 10 Train Series Units
      PT Bank Mandiri (Persero) Tbk                              Sindikasi/        19 Januari 2031/ January 19, 2031     9,38-9,77%        Sarana KRL/ rolling stock      Debt to Equity
                                                                 Syndicated                                                                         KRL                  Ratio Max 300%
                                                                                                                                                                         Current Ratio min
                                                                                                                                                                              100%
                                                                                                                                                                           Debt Service
                                                                                                                                                                          Coverage Ratio
                                                                                                                                                                            min 1.50 x

      PT Bank Negara Indonesia (Persero) Tbk                     Sindikasi/        19 Januari 2031/ January 19, 2031     9,38-9,77%        Sarana KRL/ rolling stock      Debt to Equity
                                                                 Syndicated                                                                         KRL                  Ratio Max 300%
                                                                                                                                                                         Current Ratio min
                                                                                                                                                                              100%
                                                                                                                                                                           Debt Service
                                                                                                                                                                          Coverage Ratio
                                                                                                                                                                            min 1.50 x

      PT Bank Rakyat Indonesia (Persero) Tbk                     Sindikasi/        19 Januari 2031/ January 19, 2031     9,38-9,77%        Sarana KRL/ rolling stock      Debt to Equity
                                                                 Syndicated                                                                         KRL                  Ratio Max 300%
                                                                                                                                                                         Current Ratio min
                                                                                                                                                                              100%
                                                                                                                                                                           Debt Service
                                                                                                                                                                          Coverage Ratio
                                                                                                                                                                            min 1.50 x

      PT Bank Central Asia Tbk                                   Sindikasi/        19 Januari 2031/ January 19, 2031     9,38-9,77%        Sarana KRL/ rolling stock      Debt to Equity
                                                                 Syndicated                                                                         KRL                  Ratio Max 300%
                                                                                                                                                                         Current Ratio min
                                                                                                                                                                              100%
                                                                                                                                                                           Debt Service
                                                                                                                                                                          Coverage Ratio
                                                                                                                                                                            min 1.50 x

    Entitas Anak/ Subsidiaries - PT KA Properti Manajemen
    Pengadaan Managed Service Automatic Fare Collection (AFC) LRT
    Jabodebek/
    Procurement Managed Service Automatic Fare Collection (AFC) LRT
    Jabodebek
      PT Bank Mandiri (Persero) Tbk                                 Tidak            9 Maret 2027 / March 9, 2027           7,51%        - Tagihan dan pendapatan        Debt to Equity
                                                                  Berulang/                                                              dari proyek AFC yang akan       Ratio Max 2.00
                                                                No Revolving                                                             diikat fidusia / Bills and       Debt Service
                                                                                                                                         revenues from the AFC           Coverage Ratio
                                                                                                                                         project that will pay the          min 1.25
                                                                                                                                         fiduciary
                                                                                                                                         - Omzet kontrak yang akan
                                                                                                                                         diikat cessie / Contract
                                                                                                                                         turnover that willpay cessie
                                                                                                                                         - Rekening penerimaan
                                                                                                                                         kontrak yang akan diikat
                                                                                                                                         dengan pengikatan gadai /
                                                                                                                                         Account acceptance of the
                                                                                                                                         contract to be taken with the
                                                                                                                                         binding of the pledge



    Pada tanggal 31 Desember 2023, Perusahaan                                                          As of December 31, 2023, the Company could
    tidak dapat memenuhi financial covenant yang                                                       not meet the required financial covenants,
    disyaratkan, yaitu Debt Service Coverage                                                           namely Debt Service Coverage Ratio (DSCR)
    Ratio (DSCR) dan current ratio. Atas hal                                                           and current ratio. For this reason, the
    tersebut, Perusahaan telah mendapat Surat                                                          Company has received an Approval Letter of
    Persetujuan Permohonan Pengecualian dari                                                           Request for Exception from the banks.
    perbankan.




                                                                                        116
Page 781
PT KERETA API INDONESIA (PERSERO)                                                                        PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                              AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                   FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                               For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                               December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                    (In Thousand of Rupiah, Unless Otherwise Stated)

28. Pinjaman Jangka Panjang (Lanjutan)                                                           28. Long-term Loans (Continued)
    Mutasi atas saldo fasilitas tersebut adalah                                                      Movement of the balance of these facilities are
    sebagai berikut:                                                                                 as follow:
                                                                                           2023
                      Kreditur/                         Saldo Awal/           Pencairan/           Pembayaran/        Non-kas/         Saldo Akhir/       Pembayaran Bunga/
                      Creditor                       Beginning Balance        Drawdown              Payment           Non-Cash        Ending Balance       Interest Payment
    Perusahaan/The Company


    Pinjaman Sindikasi Proyek Pengadaan 144 unit lokomotif, 1.200 unit
    gerbong (KKBW) dan 1.200 unit gerbong (PPCW)/
    Procurement of 144 units of locomotive, 1,200 units of the wagon
    (KKBW) and 1,200 units of wagon (PPCW)
      PT Bank Negara Indonesia (Persero) Tbk                   585.527.481                  --       (189.400.000)               --         396.127.481            43.412.224
      PT Bank Rakyat Indonesia (Persero) Tbk                   585.527.481                  --       (189.400.000)               --         396.127.481            43.412.224


    Proyek Pengadaan 10 Set KRL Commuter Jabodetabek/
    Procurement of 10 set KRL Jabodetabek Commuter Railways Project

      Kementerian Keuangan                                      24.444.156                  --          (1.018.507)              --          23.425.649             1.747.391

    Proyek Pengadaan 600 KKBW, 600 PPCW dan 1.213 KKBW/
    Procurement of 600 KKBW, 600 PPCW and 1,213 PPCW Project
      PT Bank Central Asia Tbk                                 598.069.386                  --       (133.910.247)               --         464.159.139            48.599.946

    Pinjaman Sindikasi Commuterline (Jabodetabek)/
    Syndicated Loan Agreement of Commuterline (Jabodetabek)
      PT Bank Mandiri (Persero) Tbk                            118.078.376                  --        (19.989.171)               --          98.089.205            10.821.765
      PT Bank Negara Indonesia (Persero) Tbk                   118.078.376                  --        (19.989.170)               --          98.089.206            10.821.765
      PT Bank Rakyat Indonesia (Persero) Tbk                   117.471.231                  --        (19.886.388)               --          97.584.843            10.766.121
      PT Bank Central Asia Tbk                                 118.078.376                  --        (19.989.170)               --          98.089.206            10.821.765

    Proyek Pengadaan 50 Lokomotif General Electric/
    Procurement of 50 General Electric Locomotives Piroject
      Export-Import Bank of United States                      277.446.558                  --       (168.926.302)      (7.629.914)         100.890.342             4.735.673

    Perjanjian Sindikasi Bandara Soekarno Hatta (Basoetta)/
    Syndicated Loan Agreement os Soekarno Hatta Ariport (Basoetta)
      PT Bank Mandiri (Persero) Tbk                            278.527.572                  --        (34.815.946)               --         243.711.626            25.985.092
      PT Bank Negara Indonesia (Persero) Tbk                   278.527.572                  --        (34.815.946)               --         243.711.626            25.985.092
      PT Bank Rakyat Indonesia (Persero) Tbk                   278.527.572                  --        (34.815.946)               --         243.711.626            25.985.092
      PT Bank Central Asia Tbk                                 278.527.572                  --        (34.815.946)               --         243.711.626            25.985.092

    Pinjaman Transaksi Khusus/
    Spesial Transaction Loan (PTK)
      PT Bank Mandiri (Persero) Tbk                            317.520.000                  --        (62.880.000)               --         254.640.000            24.584.560
      Lembaga Pembiayaan Ekspor Impor                          246.956.000                  --        (48.912.000)               --         198.044.000            19.120.775
      PT Sarana Multi Infrastruktur (Persero)                  282.247.000                  --        (55.884.000)               --         226.363.000            21.853.876


    Biaya Transaksi yang Belum Diamortisasi/
                                                                (3.241.123)                 --                   --        768.225          (2.472.898)                    --
    Unamortized transaction cost


    Perjanjian Pinjaman Sindikasi Proyek Light Rail Transit (LRT)/
    Light Rail Transit (LRT) Syndicated Loan Agreement
      PT Bank Mandiri (Persero) Tbk                           2.525.463.436      562.824.569                     --              --       3.088.288.005            56.245.833
      PT Bank Rakyat Indonesia (Persero) Tbk                  2.020.370.748      450.259.656                     --              --       2.470.630.404            44.996.667
      PT Bank Negara Indonesia (Persero) Tbk                  2.020.370.748      450.259.656                     --              --       2.470.630.404            44.996.667
      PT Bank Central Asia Tbk                                2.020.370.748      450.259.656                     --              --       2.470.630.404            44.996.667
      PT Bank CIMB Niaga Tbk                                  2.020.370.749      450.259.655                     --              --       2.470.630.404            44.996.667
      PT Sarana Multi Infrastruktur (Persero)                 1.515.278.062      337.694.742                     --              --       1.852.972.804            33.747.500
      PT Bank Shinhan Indonesia                                 232.523.488       51.820.166                     --              --         284.343.654             5.178.645
      PT Bank KEB Hana Indonesia                                465.046.975      103.640.330                     --              --         568.687.305            10.357.289
      PT Bank DKI                                               465.046.975      103.640.330                     --              --         568.687.305            10.357.289
      PT Bank Mega Tbk                                          465.046.975      103.640.330                     --              --         568.687.305            10.357.289
      PT BPD Sumatera Selatan dan
       Bangka Belitung                                         286.151.843        59.741.111                     --              --         345.892.954             5.970.224
      PT BPD Sumatera Utara                                    225.399.833        54.263.251                     --              --         279.663.084             5.422.794

    Entitas Anak/ Subsidiaries - PT Kereta Commuter Indonesia
    Proyek Pengembangan Commuterline Jabodetabek/
    Jabodetabek Commuterline Development Project
      PT Bank Mandiri (Persero) Tbk                            57.490.313                  --          (14.860.618)              --          42.629.695             5.078.389
      PT Bank Negara Indonesia (Persero) Tbk                   57.490.313                  --          (14.860.618)              --          42.629.695             5.078.389
      PT Bank Rakyat Indonesia (Persero) Tbk                   57.490.313                  --          (14.860.618)              --          42.629.695             5.078.389
      PT Bank Central Asia Tbk                                 57.490.313                  --          (14.860.618)              --          42.629.695             5.078.389
      Subjumlah/ Subtotal                                  18.991.715.418      3.178.303.452        (1.128.891.211)     (6.861.689)      21.034.265.970           692.575.540




                                                                                    117
Page 782
PT KERETA API INDONESIA (PERSERO)                                                                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                               (In Thousand of Rupiah, Unless Otherwise Stated)

28. Pinjaman Jangka Panjang (Lanjutan)                                                                  28. Long-term Loans (Continued)
                                                                                                      2023
                       Kreditur/                           Saldo Awal/                 Pencairan/              Pembayaran/       Non-kas/               Saldo Akhir/          Pembayaran Bunga/
                       Creditor                         Beginning Balance              Drawdown                 Payment          Non-Cash              Ending Balance          Interest Payment
    Entitas Anak/ Subsidiaries - PT Kereta Commuter Indonesia
    Proyek Pengadaan 10 Unit Rangkaian Kereta/
    Procurement of 10 trainset units
      PT Bank Mandiri (Persero) Tbk                                  114.468.750                       --         (13.875.000)               --              100.593.750               10.456.828
      PT Bank Negara Indonesia (Persero) Tbk                         114.468.750                       --         (13.875.000)               --              100.593.750               10.456.828
      PT Bank Rakyat Indonesia (Persero) Tbk                         114.468.750                       --         (13.875.000)               --              100.593.750               10.456.828
      PT Bank Central Asia Tbk                                       114.468.750                       --         (13.875.000)               --              100.593.750               10.456.828

    Entitas Anak/ Subsidiaries - PT KA Properti Manajemen
    Pengadaan Managed Service Automatic Fare Collection (AFC) LRT
    Jabodebek/
    Procurement Managed Service Automatic Fare Collection (AFC) LRT
    Jabodebek
      PT Bank Mandiri (Persero) Tbk                                30.000.000               22.000.000            (52.000.000)              --                         --                 881.343
    Subjumlah/ Subtotal                                           487.875.000               22.000.000           (107.500.000)              --               402.375.000               42.708.655
    Jumlah/ Total                                              19.479.590.418            3.200.303.452         (1.236.391.211)     (6.861.689)            21.436.640.970              735.284.195

                                                                                                      2022
                      Kreditur/                        Saldo Awal/                 Pencairan/                Pembayaran/         Non Kas/                Saldo Akhir/         Pembayaran Bunga/
                      Creditor                      Beginning Balance              Drawdown                   Payment            Non-Cash               Ending Balance         Interest Payment
    Perusahaan/The Company


    Pinjaman Sindikasi Proyek Pengadaan 144 unit lokomotif, 1.200 unit
    gerbong (KKBW) dan 1.200 unit gerbong (PPCW)/
    Procurement of 144 units of locomotive, 1,200 units of the wagon
    (KKBW) and 1,200 units of wagon (PPCW)
      PT Bank Negara Indonesia (Persero) Tbk                  727.577.481                        --             (142.050.000)                     --          585.527.481              42.173.103
      PT Bank Rakyat Indonesia (Persero) Tbk                  727.577.481                        --             (142.050.000)                     --          585.527.481              42.173.103


    Proyek Pengadaan 10 Set KRL Commuter Jabodetabek/
    Procurement of 10 set KRL Jabodetabek Commuter Railways Project

      Kementerian Keuangan                                     25.462.663                        --               (1.018.507)                     --            24.444.156              1.828.925

    Proyek Pengadaan 600 KKBW, 600 PPCW dan 1.213 KKBW/
    Procurement of 600 KKBW, 600 PPCW and 1,213 PPCW Project
      PT Bank Central Asia Tbk                                698.502.071                        --             (100.432.685)                     --          598.069.386              41.798.323

    Pinjaman Sindikasi Commuterline (Jabodetabek)/
    Syndicated Loan Agreement of Commuterline (Jabodetabek)
      PT Bank Mandiri (Persero) Tbk                           133.070.254                        --              (14.991.878)                     --          118.078.376               9.059.480
      PT Bank Negara Indonesia (Persero) Tbk                  133.070.254                        --              (14.991.878)                     --          118.078.376               9.059.480
      PT Bank Rakyat Indonesia (Persero) Tbk                  132.386.023                        --              (14.914.792)                     --          117.471.231               9.012.897
      PT Bank Central Asia Tbk                                133.070.254                        --              (14.991.878)                     --          118.078.376               9.059.480

    Proyek Pengadaan 50 Lokomotif General Electric/
    Procurement of 50 General Electric Locomotives Piroject
      Export-Import Bank of United States                     409.939.099                        --             (164.791.662)        32.299.121               277.446.558               8.498.874


    Perjanjian Sindikasi Bandara Soekarno Hatta (Basoetta)/
    Syndicated Loan Agreement os Soekarno Hatta Ariport (Basoetta)
      PT Bank Mandiri (Persero) Tbk                           304.639.532                        --              (26.111.960)                     --          278.527.572              20.889.874
      PT Bank Negara Indonesia (Persero) Tbk                  304.639.532                        --              (26.111.960)                     --          278.527.572              20.889.874
      PT Bank Rakyat Indonesia (Persero) Tbk                  304.639.532                        --              (26.111.960)                     --          278.527.572              20.889.874
      PT Bank Central Asia Tbk                                304.639.532                        --              (26.111.960)                     --          278.527.572              20.889.874

    Pinjaman Transaksi Khusus/
    Spesial Transaction Loan (PTK)
      PT Bank Mandiri (Persero) Tbk                           364.680.000                        --              (47.160.000)                     --          317.520.000              28.667.637
      Lembaga Pembiayaan Ekspor Impor                         283.640.000                        --              (36.684.000)                     --          246.956.000              22.296.937
      PT Sarana Multi Infrastruktur (Persero)                 324.160.000                        --              (41.913.000)                     --          282.247.000              25.482.543


    Biaya Transaksi yang Belum Diamortisasi/
                                                              (4.009.348)                        --                        --           768.225                (3.241.123)                      --
    Unamortized transaction cost


    Perjanjian Pinjaman Sindikasi Proyek Light Rail Transit (LRT)/
    Light Rail Transit (LRT) Syndicated Loan Agreement
      PT Bank Mandiri (Persero) Tbk                        2.008.151.563               464.783.500                         --         52.528.373             2.525.463.436                      --
      PT Bank Rakyat Indonesia (Persero) Tbk               1.606.521.250               371.826.798                         --         42.022.700             2.020.370.748                      --
      PT Bank Negara Indonesia (Persero) Tbk               1.606.521.250               371.826.798                         --         42.022.700             2.020.370.748                      --
      PT Bank Central Asia Tbk                             1.606.521.250               371.826.798                         --         42.022.700             2.020.370.748                      --
      PT Bank CIMB Niaga Tbk                               1.606.521.251               371.826.798                         --         42.022.700             2.020.370.749                      --
      PT Sarana Multi Infrastruktur (Persero)              1.204.890.938               278.870.100                         --         31.517.024             1.515.278.062                      --
      The Bank of Tokyo-Mitsubishi UFJ, Ltd                  369.787.500                76.174.596                         --      (445.962.096)                         --                     --
      PT Bank Shinhan Indonesia                              184.893.750                42.793.365                         --          4.836.373               232.523.488                      --
      PT Bank KEB Hana Indonesia                             369.787.500                85.586.730                         --          9.672.745               465.046.975                      --
      PT Bank DKI                                            369.787.500                85.586.730                         --          9.672.745               465.046.975                      --
      PT Bank Mega Tbk                                       369.787.500                85.586.730                         --          9.672.745               465.046.975                      --
      PT BPD Sumatera Selatan dan
       Bangka Belitung                                                 --                5.425.339                         --       280.726.504                286.151.843
      PT BPD Sumatera Utara                                   36.978.750                12.545.471                         --       175.875.612                225.399.833                      --
      Subjumlah/ Subtotal                                 16.647.834.362             2.624.659.753              (840.438.120)       329.698.171             18.761.754.166            332.670.278




                                                                                                118
Page 783
PT KERETA API INDONESIA (PERSERO)                                                                            PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                                  AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                       NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                       FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                                   For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                                   December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                        (In Thousand of Rupiah, Unless Otherwise Stated)

28. Pinjaman Jangka Panjang (Lanjutan)                                                           28. Long-term Loans (Continued)
                                                                                               2022
                     Kreditur/                       Saldo Awal/            Pencairan/                Pembayaran/           Non Kas/               Saldo Akhir/         Pembayaran Bunga/
                     Creditor                     Beginning Balance         Drawdown                   Payment              Non-Cash              Ending Balance         Interest Payment
    Entitas Anak/ Subsidiaries - PT Kereta Commuter Indonesia
    Proyek Pengembangan Commuterline Jabodetabek/
    Jabodetabek Commuterline Development Project
      PT Bank Mandiri (Persero) Tbk                          72.350.930                   --              (14.860.617)                       --          57.490.313               4.803.680
      PT Bank Negara Indonesia (Persero) Tbk                 72.350.930                   --              (14.860.617)                       --          57.490.313               4.803.680
      PT Bank Rakyat Indonesia (Persero) Tbk                 72.350.930                   --              (14.860.617)                       --          57.490.313               4.803.680
      PT Bank Central Asia Tbk                               72.350.930                   --              (14.860.617)                       --          57.490.313               4.803.680

    Entitas Anak/ Subsidiaries - PT Kereta Commuter Indonesia
    Proyek Pengadaan 10 Unit Rangkaian Kereta/
    Procurement of 10 trainset units
      PT Bank Mandiri (Persero) Tbk                                   --                  --                         --            114.468.750          114.468.750                      --
      PT Bank Negara Indonesia (Persero) Tbk                          --                  --                         --            114.468.750          114.468.750                      --
      PT Bank Rakyat Indonesia (Persero) Tbk                          --                  --                         --            114.468.750          114.468.750                      --
      PT Bank Central Asia Tbk                                        --                  --                         --            114.468.750          114.468.750                      --

    Entitas Anak/ Subsidiaries - PT Railink
    Proyek Pengadaan 10 Unit Rangkaian Kereta/
    Procurement of 10 trainset units
      PT Bank Mandiri (Persero) Tbk                         124.875.000                   --              (10.406.250)            (114.468.750)                    --             8.571.663
      PT Bank Negara Indonesia (Persero) Tbk                124.875.000                   --              (10.406.250)            (114.468.750)                    --             8.571.663
      PT Bank Rakyat Indonesia (Persero) Tbk                124.875.000                   --              (10.406.250)            (114.468.750)                    --             8.571.663
      PT Bank Central Asia Tbk                              124.875.000                   --              (10.406.250)            (114.468.750)                    --             8.571.663

    Entitas Anak/ Subsidiaries - PT KA Properti Manajemen
    Pengadaan Managed Service Automatic Fare Collection (AFC) LRT
    Jabodebek/
    Procurement Managed Service Automatic Fare Collection (AFC) LRT
    Jabodebek
      PT Bank Mandiri (Persero) Tbk                                  --          30.000.000                         --                       --           30.000.000              1.434.513
    Subtotal                                               788.903.720           30.000.000              (101.067.468)                       --          717.836.252             54.935.885
    Total                                               17.436.738.082        2.654.659.753              (941.505.588)             329.698.171        19.479.590.418            387.606.163




29. Utang Obligasi                                                                                29. Bonds Payable

    Rincian utang obligasi adalah sebagai berikut:                                                       The details of bonds payable are as follows:
                                                                           2023                               2022
    Obligasi I Kereta Api Indonesia:                                                                                                                 Kereta Api Indonesia Bond I:
    Seri B                                                                 1.000.000.000                     1.000.000.000                                                 Seri B
    Subjumlah                                                              1.000.000.000                     1.000.000.000                                               Subtotal
    Obligasi II Kereta Api Indonesia:                                                                                                               Kereta Api Indonesia Bond II:
    Seri A                                                                   900.000.000                       900.000.000                                                Seri A
    Seri B                                                                 1.100.000.000                     1.100.000.000                                                Seri B
    Subjumlah                                                              2.000.000.000                     2.000.000.000                                              Subtotal
    Obligasi Berkelanjutan I Kereta                                                                                                                         Kereta Api Indonesia
     Api Indonesia Tahun 2022:                                                                                                                     Continuing Bond I Year 2022:
    Seri A                                                                   634.000.000                       634.000.000                                                 Seri A
    Seri B                                                                   866.000.000                       866.000.000                                                 Seri B
    Subjumlah                                                              1.500.000.000                     1.500.000.000                                               Subtotal
    Jumlah                                                                 4.500.000.000                     4.500.000.000                                                  Total
    Biaya Penerbitan Obligasi                                                                                                                                 Unamortized Bond
     yang belum Diamortisasi                                                 (6.677.456)                            (9.239.619)                                  Issuance Cost
    Jumlah Utang Obligasi                                                  4.493.322.544                     4.490.760.381                                   Total Bonds Payable
    Bagian Utang Obligasi yang                                                                                                                            Portion of Obligation
     Jatuh Tempo dalam Satu Tahun                                                                                                                     Maturing within One Year
    Obligasi I Kereta Api Indonesia:                                                                                                                Kereta Api Indonesia Bond I:
    Seri B                                                                 1.000.000.000                                     --                                           Seri B
    Obligasi II Kereta Api Indonesia:                                                                                                               Kereta Api Indonesia Bond II:
    Seri A                                                                  900.000.000                                      --                                           Seri A
    Biaya Penerbitan Obligasi                                                                                                                                 Unamortized Bond
     yang Belum Diamortisasi                                                 (1.147.075)                                     --                                   Issuance Cost
    Jumlah Bagian Obligasi                                                                                                                           Total Portion of Obligation
     yang Jatuh Tempo                                                                                                                                                 Maturing
     dalam Satu Tahun                                                      1.898.852.925                                     --                                 within One Year
     Bagian Jangka Panjang                                                 2.594.469.619                     4.490.760.381                                     Long Term Portion




                                                                                         119
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

29. Utang Obligasi (Lanjutan)                              29. Bonds Payable (Continued)

    Jumlah pembayaran kembali untuk utang                     The amounts of repayments of bond payable
    obligasi menurut tahun jatuh tempo adalah                 by years of manurity are as follow:
    sebagai berikut:

                                   Tahun Jatuh Tempo/                    Jumlah/
                                     Year of Maturity                   Total (Rp)
                                          2024                           1.900.000.000
                                          2026                           1.100.000.000
                                          2027                             634.000.000
                                          2029                             866.000.000
                                          Total                          4.500.000.000


a. Obligasi I Kereta Api Indonesia Tahun 2017              a. Kereta Api Indonesia Bonds I year 2017
   Pada tanggal 13 November 2017, Grup telah                  On November 13, 2017, the Group has
   mendapatkan pernyataan efektif dari Otoritas               received an effective statement from Chairman
   Jasa Keuangan (OJK) atas penerbitan                        of the Financial Services Authority (OJK) for
   Obligasi I Kereta Api Indonesia tahun 2017                 the issuance of Kereta Api Indonesia Bonds I
   dengan 2 (dua) seri yaitu:                                 year 2017 with 2 (two) series which are as
                                                              follows:
    a. Seri A senilai Rp1.000.000.000 dengan                  a. A Series amounting to Rp1,000,000,000
       suku bunga 7,75% per tahun. Pada                            with a fixed interest rate of 7.75% per
       tanggal 18 November 2022, Grup telah                        annum. On November 18, 2022, The
       melunasi Obligasi I seri A Kereta Api                       Group has paid off Kereta Api Indonesia
       Indonesia    Tahun      2017    sebesar                     2017 Bond I series A year 2017 of
       Rp1.000.000.000 sesuai jadwal.                              Rp1,000,000,000 on schedule.
    b. Seri B senilai Rp1.000.000.000 dengan                  b. B Series amounting to Rp1,000,000,000
       suku bunga 8,25% per tahun, akan jatuh                      with annual interest rate of 8.25%. The
       tempo tanggal 21 November 2024.                             bonds payable will mature on November
                                                                   21, 2024.

    Total dana yang diterima Grup pada tanggal                Total funds received by the Group on
    21 November 2017, dari hasil penerbitan                   November 21, 2017, from the first issuance of
    perdana Obligasi I tahun 2017 adalah sebesar              Bonds I year 2017 was Rp2,000,000,000.
    Rp2.000.000.000. Sesuai perjanjian dengan                 Based on the agreement with PT Bank Mega
    PT Bank Mega Tbk selaku Wali Amanat dan                   Tbk as Trustee and the Group’s prospectus for
    prospektus utang obligasi Grup, sekitar 55%               bonds payable, approximately 55% of funds
    dari dana yang diperoleh akan digunakan                   received will be used for Soekarno-Hatta
    untuk penyelesaian proyek KA Bandara                      (Basoetta)   Airport   Train   project   and
    Soekarno-Hatta (Basoetta) dan sekitar 45%                 approximately 45% for purchasing trains.
    akan digunakan untuk pembelian kereta.

    Obligasi ditawarkan dengan nilai 100% dari                The bonds were offered at 100% of the
    jumlah pokok. Bunga obligasi dibayarkan                   principal amount. Bond interest is paid
    setiap triwulan.                                          quarterly.

    Obligasi I Kereta Api Indonesia mendapatkan               Kereta Api Indonesia Bonds I is rated "AAA" for
    peringkat "AAA" untuk penerbitan obligasi dari            the issuance of bonds by PT Pemeringkat Efek
    PT Pemeringkat Efek Indonesia (PEFINDO).                  Indonesia (PEFINDO). The rating indicates the
    Peringkat tersebut menunjukkan kemungkinan                likelihood of timely payment of principal and
    pembayaran tepat waktu atas jumlah pokok                  interest.
    dan bunga.




                                                     120
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

29. Utang Obligasi (Lanjutan)                              29. Bonds Payable (Continued)

    Grup juga diwajibkan untuk mempertahankan                 The Group is also required to maintain certain
    rasio-rasio keuangan tertentu selama periode              financial ratios during the bonds payable period
    utang obligasi sebagai berikut:                           as follows:
    a. Perbandingan Total Pinjaman terhadap                   a. Ratio of Total Debt to Total Equity is not
        Total Ekuitas tidak lebih dari 5:1                        more than 5:1
    b. Perbandingan Profit sebelum Beban Pajak                b. Ratio of Earning Before Income Tax and
        Penghasilan      dan     Penyusutan   dan                 Depreciation and Amortization to Interest
        Amortisasi     terhadap     Beban   Bunga                 Expenses is not less than 1:1
        Pinjaman tidak kurang dari 1:1

    Pada 12 April 2023, Obligasi I Kereta Api                 On of April 12, 2023, Kereta Api Indonesia
    Indonesia mendapatkan peringkat "AAA" dari                Bonds       I  is    rated    "AAA"    by
    PEFINDO untuk periode 11 April 2023 hingga                PEFINDO for the period April 11, 2023 until
    1 April 2024.                                             April 1, 2024.

b. Obligasi II Kereta Api Indonesia Tahun 2019             b. Kereta Api Indonesia Bonds II year 2019
   Pada tanggal 6 Desember 2019, Grup telah                   On December 6, 2019, the Group has received
   mendapatkan pernyataan efektif dari Otoritas               an effective statement from Chairman of the
   Jasa Keuangan (OJK) atas penerbitan Obligasi               Financial Services Authority (OJK) for the
   II Kereta Api Indonesia tahun 2019 dengan 2                issuance of Kereta Api Indonesia Bonds II year
   (dua) seri yaitu:                                          2019 with 2 (two) series which are as follows:
   a. Seri A senilai Rp900.000.000 dengan suku                a. A Series amounting to Rp900,000,000 with
       bunga 7,75% per tahun, akan jatuh tempo                    a fixed interest rate of 7.75% per annum.
       tanggal 16 Desember 2024.                                  The bonds payable will mature on
                                                                  December 16, 2024.
     b. Seri B senilai Rp1.100.000.000 dengan                 b. B Series amounting to Rp1,100,000,000
        suku bunga 8,20% per tahun, akan jatuh                    with annual interest rate of 8.20% per
        tempo tanggal 16 Desember 2026.                           annum. The bonds payable will mature on
                                                                  December 16, 2026.

    Total dana yang diterima Grup pada tanggal                Total funds received by the Group on
    13 Desember 2019, dari hasil penerbitan                   December 13, 2019, from the first issuance of
    perdana Obligasi II tahun 2019 adalah sebesar             Bonds II year 2019 was Rp2,000,000,000.
    Rp2.000.000.000. Sesuai perjanjian dengan                 Based on the agreement with PT Bank Mega
    PT Bank Mega Tbk selaku Wali Amanat dan                   Tbk as Trustee and the Group's prospectus for
    prospektus utang obligasi Grup, sekitar                   bonds payable, around Rp1,200,000,000 that
    Rp1.200.000.000 akan digunakan untuk                      will be allocate for facility refinancing by
    refinancing fasilitas pada PT Bank HSBC dan               PT Bank HSBC Indonesia and the rest will be
    sisanya       akan        digunakan     untuk             used for procurement/maintenance.
    pengadaan/perbaikan sarana.

    Obligasi ditawarkan dengan nilai 100% dari                The bonds were offered at 100% of the
    jumlah pokok. Bunga obligasi dibayarkan                   principal amount. Bond interest is paid
    setiap triwulan.                                          quarterly.

    Obligasi II Kereta Api Indonesia mendapatkan              Kereta Api Indonesia Bonds II is rated "AAA"
    peringkat "AAA" untuk penerbitan obligasi dari            for the issuance of bonds by PEFINDO.
    PEFINDO. Peringkat tersebut menunjukkan                   The rating indicates the likelihood of timely
    kemungkinan pembayaran tepat waktu atas                   payment of principal and interest.
    jumlah pokok dan bunga.




                                                     121
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

29. Utang Obligasi (Lanjutan)                              29. Bonds Payable (Continued)

    Grup juga diwajibkan untuk mempertahankan                 The Group is also required to maintain certain
    rasio keuangan tertentu selama periode utang              financial ratios during the bonds payable period
    obligasi sebagai berikut:                                 as follows:
    a. Perbandingan Total Pinjaman terhadap                   a. Ratio of Total Debt to Total Equity is not
        Total Ekuitas tidak lebih dari 5:1.                       more than 5:1.
    b. Perbandingan Profit sebelum Beban Pajak                b. Ratio of Earning Before Income Tax and
        Penghasilan      dan     Penyusutan   dan                 Depreciation and Amortization to Interest
        Amortisasi     terhadap     Beban   Bunga                 Expenses is not less than 1:1.
        Pinjaman tidak kurang dari 1:1.

    Pada 12 April 2023, Obligasi II Grup                      As of April 12, 2023, Group Bonds II is rated
    mendapatkan peringkat "AAA" dari PEFINDO                  "AAA" by PEFINDO for the period April 11,
    untuk periode 11 April 2023 hingga 1 April                2023 until April 1, 2024.
    2024.

c. Obligasi Berkelanjutan I Kereta Api                     c. Kereta Api Indonesia Continuing Bonds I
   Indonesia Tahun 2022                                       year 2022
   Pada tanggal 29 Juli 2022, Grup telah                      On July 29, 2022, the Group has received an
   mendapatkan pernyataan efektif dari Otoritas               effective statement from Chairman of the
   Jasa Keuangan (OJK) atas penerbitan Obligasi               Financial Services Authority (OJK) for the
   Berkelanjutan I Kereta Api Indonesia tahun                 issuance of Kereta Api Indonesia Continuing
   2022 dengan 2 (dua) seri yaitu:                            Bonds I year 2022 with 2 (two) series which
                                                              are as follows:
    a. Seri A senilai Rp634.000.000 dengan suku               a. A Series amounting to Rp634,000,000 with
       bunga 7,10% per tahun, akan jatuh tempo                    a fixed interest rate of 7.10% per annum.
       tanggal 5 Agustus 2027.                                    The bonds payable will mature on August
                                                                  5, 2027.
    b. Seri B senilai Rp866.000.000 dengan suku               b. B Series amounting to Rp866,000,000 with
       bunga 8,00% per tahun, akan jatuh tempo                    annual interest rate of 8.00% per annum.
       tanggal 5 Agustus 2029.                                    The bonds payable will mature on
                                                                  August 5, 2029.

    Total dana yang diterima Grup pada tanggal                Total funds received by the Group on
    5 Agustus 2022, dari hasil penerbitan perdana             August 5, 2022, from the first issuance of
    Obligasi Berkelanjutan I tahun 2022 adalah                Bonds I year 2022 was Rp1,500,000,000.
    sebesar Rp1.500.000.000. Sesuai perjanjian                Based on the agreement with PT Bank Mega
    dengan PT Bank Mega Tbk selaku Wali                       Tbk as Trustee and the Group's prospectus for
    Amanat dan prospektus utang obligasi Grup,                bonds payable, around Rp1,000,000,000 that
    sekitar Rp1.000.000.000 digunakan untuk                   allocated for for payment of Kereta Api
    pembayaran utang pokok Obligasi I Kereta Api              Indonesia Bonds I year 2017 Series A and the
    Indonesia tahun 2017 Seri A sisanya akan                  rest will be used for developing railway
    digunakan untuk pengembangan angkutan                     transport in Southern Sumatera in form of
    perkeretaapian Sumatera Bagian Selatan yang               railway infrastucture.
    berupa prasarana perkeretaapian.

    Obligasi ditawarkan dengan nilai 100% dari                The bonds were offered at 100% of the
    jumlah pokok. Bunga obligasi dibayarkan                   principal amount. Bond interest is paid
    setiap triwulan.                                          quarterly.

    Obligasi Berkelanjutan I Grup mendapatkan                 Group Continuing Bonds I is rated "AA+" for
    peringkat "AA+" untuk penerbitan obligasi dari            the issuance of bonds by PEFINDO. The
    PEFINDO. Peringkat tersebut menunjukkan                   rating indicates the likelihood of timely
    kemungkinan pembayaran tepat waktu atas                   payment of principal and interest.
    jumlah pokok dan bunga.


                                                     122
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

29. Utang Obligasi (Lanjutan)                              29. Bonds Payable (Continued)

    Grup juga diwajibkan untuk mempertahankan                   The Group is also required to maintain certain
    rasio keuangan tertentu selama periode utang                financial ratios during the bonds payable
    obligasi sebagai berikut:                                   period as follows:
     a. Perbandingan Total Pinjaman terhadap                    a. Ratio of Total Debt to Total Equity is not
         Total Ekuitas tidak lebih dari 5:1.                        more than 5:1.
     b. Perbandingan Profit sebelum Beban Pajak                 b. Ratio of Earning Before Income Tax and
         Penghasilan      dan     Penyusutan   dan                  Depreciation and Amortization to Interest
         Amortisasi    terhadap     Beban    Bunga                  Expenses is not less than 1:1.
         Pinjaman tidak kurang dari 1:1.

    Pada 12 April 2023, Obligasi Berkelanjutan I                As of April 12, 2023, Group Continuing Bonds I
    Grup mendapatkan peringkat "AAA" dari                       is rated "AAA" by PEFINDO for the period April
    PEFINDO untuk periode 11 April 2023 hingga                  11, 2023 until April 1, 2024.
    1 April 2024.


30. Sukuk Ijarah                                           30. Sukuk Ijarah

                                            2023                  2022
     Sukuk Berkelanjutan I Kereta                                                       Kereta Api Indonesia Continuing
      Api Indonesia Tahun 2022:                                                                     Sukuk I Year 2022:
     Seri A                                 117.350.000             117.350.000                                  Seri A
     Seri B                                 382.650.000             382.650.000                                  Seri B
     Jumlah                                 500.000.000             500.000.000                                   Total
     Biaya Penerbitan Sukuk                                                                         Unamortized Sukuk
      yang belum Diamortisasi                (1.413.806)            (1.692.889)                        Issuance Cost
     Jumlah Sukuk                           498.586.194             498.307.111                          Total Sukuk


    Jumlah pembayaran kembali untuk sukuk                       The amounts of repayments of sukuk ijarah by
    ijarah menurut tahun jatuh tempo adalah                     years of manurity are as follow:
    sebagai berikut:

                                    Tahun Jatuh Tempo/                      Jumlah/
                                      Year of Maturity                       Total
                                          2027                                117.350.000
                                          2029                                382.650.000
                                          Total                               500.000.000


 a. Sukuk Ijarah Berkelanjutan I Kereta Api                a.    Kereta Api Indonesia Continuing Sukuk
    Indonesia Tahap I Tahun 2022                                Ijarah I Phase I year 2022
    Pada tanggal 29 Juli 2022, Grup telah                       On July 29, 2022, the Group has received an
    mendapatkan pernyataan efektif dari Otoritas                effective statement from Chairman of the
    Jasa Keuangan (OJK) atas penerbitan Sukuk                   Financial Services Authority (OJK) for the
    Ijarah Berkelanjutan I Kereta Api Indonesia                 issuance of Kereta Api Indonesia Continuing
    Tahap I Tahun 2022 dengan 2 (dua) seri yaitu:               Sukuk Ijarah I Phase I year 2022 with 2 (two)
                                                                series which are as follows:
    a. Seri A senilai Rp117.350.000 dengan                      a. A Series amounting to Rp117,350,000 with
       dengan cicilan imbalan ijarah sebesar                        ijarah’s installment benefit of Rp8,331,850
       Rp8.331.850 per tahun, akan jatuh tempo                      per annum. Sukuk will mature on
       tanggal 5 Agustus 2027.                                      August 5, 2027.




                                                     123
Page 788
PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

30. Sukuk Ijarah (Lanjutan)                                 30. Sukuk Ijarah (Continued)
    b. Seri B senilai Rp382.650.000 dengan                      b. B Series amounting to Rp382,650,000 with
       cicilan    imbalan      ijarah   sebesar                    ijarah’s installment benefit of Rp30,612,000
       Rp30.612.000 per tahun, akan jatuh tempo                    per annum. Sukuk will mature on August 5,
       tanggal 5 Agustus 2029.                                     2029.
    Total dana yang diterima Grup pada tanggal                  Total funds received by the Group on August
    5 Agustus 2022, dari hasil penerbitan Sukuk                 5, 2022, from the first issuance of Continuing
    Ijarah Berkelanjutan I Kereta Api Indonesia                 Sukuk Ijarah I year 2022 was Rp500.000.000.
    Tahap I Tahun 2022 adalah sebesar                           Based on the agreement with PT Bank Mega
    Rp500.000.000. Sesuai perjanjian dengan PT                  Tbk as Trustee and prospectus for continuing
    Bank Mega Tbk selaku Wali Amanat dan                        bonds I and continuing sukuk ijarah I Kereta
    prospektus obligasi berkelanjutan I dan sukuk               Api Indonesia, around 78% that will be allocate
    ijarah berkelanjutan I Kereta Api Indonesia,                for developing railway transport in Southern
    sekitar   78%      akan    digunakan     untuk              Sumatera in form of railway infrastucture and
    pengembangan       angkutan     perkeretaapian              the rest will be used for procurement of Adi
    Sumatera Bagian Selatan yang berupa                         Soemarmo International Airport Train facilities
    prasarana perkeretaapaian dan sisanya akan                  in form of KRDE trainset.
    digunakan untuk pengadaan sarana KA
    Bandara International Adi Soemarmo yang
    berupa sarana trainset KRDE.
    Sukuk ijarah ditawarkan dengan nilai 100% dari              Sukuk ijarah were offered at 100% of the
    jumlah pokok.                                               principal amount.
    Sukuk Ijarah Berkelanjutan I Kereta Api                     Kereta Api Indonesia Continuing Sukuk Ijarah I
    Indonesia mendapatkan peringkat "AA+" atas                  is rated "AA+" for the issuance of Sukuk by
    Sukuk dari PEFINDO. Peringkat tersebut                      PEFINDO. The rating indicates the likelihood
    menunjukkan kemungkinan pembayaran tepat                    of timely payment of principal and ijarah
    waktu atas jumlah pokok dan cicilan imbalan                 benefit paid quarterly.
    ijarah setiap triwulan.
    Grup juga diwajibkan untuk mempertahankan                   The Group is also required to maintain certain
    rasio keuangan tertentu selama periode sukuk                financial ratios during the Sukuk Ijarah period
    ijarah sebagai berikut:                                     as follows:
     a. Perbandingan Total Pinjaman terhadap                    a. Ratio of Total Debt to Total Equity is not
         Total Ekuitas tidak lebih dari 5:1.                        more than 5:1.
     b. Perbandingan Profit sebelum Beban Pajak                 b. Ratio of Earning Before Income Tax and
         Penghasilan      dan     Penyusutan   dan                  Depreciation and Amortization to Interest
         Amortisasi     terhadap     Beban   Bunga                  Expenses is not less than 1:1.
         Pinjaman tidak kurang dari 1:1.
    Pada    12    April   2023, Sukuk    Ijarah                 As of April 12, 2023, Group Continuing Sukuk
    Berkelanjutan I Grup mendapatkan peringkat                  Ijarah I rated "AAA" by PEFINDO for the period
    "AAA" dari PEFINDO untuk periode 11 April                   April 11, 2023 until April 1, 2024.
    2023 hingga 1 April 2024.

31. Liabilitas Jangka Panjang Lainnya                       31. Other Long-term Liabilities
    Kewajiban jangka panjang lainnya merupakan                  Other Long-term liabilities represent deposit
    dana titipan dari iuran pensiun dana tambahan               funds from pension contribution and additional
    dari Pemerintah Republik Indonesia dan                      funds from the Government of Republic of
    PT Taspen (Persero) sebagai pembayaran                      Indonesia and PT Taspen (Persero) for
    manfaat masa lalu para karyawan eks-                        payment of past benefits of ex-Civil Servant
    Pegawai Negeri Sipil. Dana titipan ini termasuk             employee. This funds include employee's
    titipan dana kesehatan pegawai akan                         healthy deposit which will be paid to the fund
    dibayarkan sesuai perjanjian dengan pihak                   management party based on agreement.


                                                      124
Page 789
PT KERETA API INDONESIA (PERSERO)                                                                PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                      AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                       For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                       December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                            (In Thousand of Rupiah, Unless Otherwise Stated)

31. Liabilitas            Jangka                Panjang          Lainnya                31. Other Long-term Liabilities (Continued)
    (Lanjutan)

    pengelola dana. Dana titipan disimpan dalam                                                Deposit funds are kept in the form of bank
    bentuk    rekening   bank    dan    deposito.                                              accounts and time deposits. Details of other
    Rincian liabilitas jangka panjang lainnya                                                  Long-term liabilities are as follows:
    sebagai berikut:

                                                                   2023                           2022
    Titipan Dana Iuran Pensiun                                                                                                              Pension Fund Deposits
     Saldo Awal                                                       76.394.632                        88.598.426                              Beginning Balance
     Penerimaan:                                                                                                                                         Receipts:
      Penerimaan Dana Iuran Pensiun                                  429.685.768                    434.190.756                             Pension Fund Receipts
      Pengembangan Dana                                               29.636.734                      2.104.723                                Fund Development
     Subjumlah                                                       459.322.502                    436.295.479                                                Subtotal
     Pembayaran                                                                                                                                           Payments
      BPJS Ketenagakerjaan                                           195.515.713                    163.884.982                             BPJS Ketenagakerjaan
      PT Taspen (Persero)                                            139.073.346                    113.195.726                               PT Taspen (Persero)
      PT Asuransi Jiwa IFG (Life)                                    109.869.142                    171.418.565                         PT Asuransi Jiwa IFG (Life)
     Subjumlah                                                       444.458.201                    448.499.273                                                Subtotal
     Saldo Akhir                                                      91.258.933                        76.394.632                                   Ending Balance
    Titipan Dana Kesehatan Pegawai                                    60.679.342                        53.402.087                      Employee Healthy Deposits
    Tantiem Direksi                                                    7.592.201                                 --                            Director's Tantiem
    Jumlah                                                           159.530.476                    129.796.719                                                     Total


    Kisaran suku bunga per tahun dan jangka                                                   Interest rates per annum and maturity period of
    waktu deposito berjangka adalah sebagai                                                   time deposits are as follows:
    berikut:

                                                                    2023                           2022
    Rupiah                                                   6,00% - 12,00%                 6,00% - 12,00%                                                         Rupiah
    Jangka Waktu                                                1 Bulan/                       1 Bulan/                                                    Maturity Year
                                                              Months (ARO)                   Months (ARO)



32. Modal Saham                                                                         32. Share Capital

    Berdasarkan Peraturan Pemerintah Republik                                                 Based on Government Regulation of Republic
    Indonesia No. 62 tahun 2022 tanggal                                                       of Indonesia No. 62 Year 2022 dated
    31 Desember 2022, Akta No. 122 tanggal                                                    December 31, 2022, Deed No. 122 dated
    11 Januari 2023 dari Notaris Nining                                                       January 11, 2023 Nining Puspitaningtyas, S.H.,
    Puspitaningtyas, S.H., Sp.1., M.H., Notaris di                                            Sp.1., M.H., and has been approved by the
    Bandung dan telah mendapat persetujuan dari                                               Minister of Law and Human Rights of Republic
    Menteri Hukum dan Hak Asasi Manusia                                                       of Indonesia No. AHU-AH-01.03-0008225
    dengan Surat Keputusan No. AHU-01.03-                                                     dated January 17, 2023 regarding the
    0008225 tanggal 17 Januari 2023 tentang                                                   additional of issued and paid–in capital from
    tentang penambahan modal yang ditempatkan                                                 Rp19,168,743,000 to Rp22,368,743,000.
    dan    disetor    yang     semula    sebesar
    Rp19.168.743.000        menjadi      sebesar
    Rp22.368.743.000.

                                                  Jumlah Lembar Saham Ditempatkan
                                                         dan Disetor Penuh/             Persentase Kepemilikan
               Pemegang Saham/                            Number of Issued                      Saham/            Jumlah Nilai Saham/                  Tahun/
                  Shareholder                           and Fully Paid Shares           Percentage of Ownership    Total Share Value                    Year
          Pemerintah Republik Indonesia/                                   22.368.743                                  22.368.743.000    31 Desember 2023/ December 31, 2023
                                                                                                 100%
      The Government of Republic of Indonesia                              19.168.743                                  19.168.743.000    31 Desember 2022/ December 31, 2022




                                                                                 125
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PT KERETA API INDONESIA (PERSERO)                                         PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                    FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                     (In Thousand of Rupiah, Unless Otherwise Stated)

32. Modal Saham (Lanjutan)                                        32. Share Capital (Continued)

    Mutasi saldo modal disetor sebagai berikut:                        Movement on the balance of paid- in capital is
                                                                       as follows:

                                                2023                      2022
    Saldo Awal Tahun                           19.168.743.000            19.168.743.000                         Beginning Balance
    Penambahan Modal Disetor (Catatan 33)       3.200.000.000
                                                            --                        --   Additional on Paid in Capital (Notes 33)
    Jumlah                                     22.368.743.000            19.168.743.000                                      Total




33. Tambahan Penyertaan Modal Negara                             33. Addition  Of           Government’s               Capital
                                                                     Invesment

    Berdasarkan Peraturan Pemerintah Republik                          Based on Government Regulation of Republic
    Indonesia No. 62 tahun 2022 tanggal                                of Indonesia No. 62 Year 2022 dated
    31 Desember 2022 tentang Penambahan                                December 31, 2022 regarding Additional of
    Penyertaan Modal Negara Republik Indonesia                         Republic Indonesia's Capital into Share
    ke dalam Modal Saham Perusahaan                                    Capital of (Persero) PT Kereta Api Indonesia,
    Perseroan (Persero) PT Kereta Api Indonesia,                       it was stated that the State of Republic
    disebutkan bahwa Negara Republik Indonesia                         Indonesia had added up its capital investment
    telah melakukan penambahan penyertaan                              to    the     Company's      amounting     to
    modal sebesar Rp3.200.000.000.                                     Rp3,200,000,000.


    Penambahan modal yang ditempatkan dan                              The additional of issued and paid–in capital of
    disetor Perusahaan sebesar Rp3.200.000.000                         the Company amounting Rp3,200,000,000
    tersebut berasal dari Anggaran Pendapatan                          came from State's Budget Years 2022 used for
    dan Belanja Negara tahun 2022 yang                                 the completion of the fast train project between
    dipergunakan untuk penyelesaian proyek                             Jakarta and Bandung.
    Kereta Cepat antara Jakarta dan Bandung.

    Pada     31   Desember     2023,    seluruh                        On December 31, 2023, All Additional of
    Penambahan Penyertaan Modal Negara                                 Republic Indonesia's Capital has been
    tersebut telah disetujui sebagai tambahan                          approved as additional share capital of the
    modal saham Perusahaan (Catatan 32).                               Company (Note 32).


34. Selisih Transaksi Perubahan Ekuitas Entitas                  34.   Difference in transactions of changes in
    Anak                                                               equity of subsidiaries

    Selisih transaksi perubahan ekuitas entitas                        The difference in transactions for changes in
    anak senilai Rp24.069.720 merupakan dampak                         equity in subsidiaries worth Rp24,069,720 is
    transaksi peralihan bisnis Kereta Api Bandara                      the impact of the transaction of transferring the
    Soekarno-Hatta (KA Basoetta) dari Railink ke                       Soekarno-Hatta Airport Railway (KA Basoetta)
    KCI.                                                               business from Railink to KCI.

    Berdasarkan Akta Jual Beli No. 10 antara                           Based on the Deed of Sale and Purchase
    PT Railink dengan PT Kereta Commuter                               No.10 between PT Railink and PT Kereta
    Indonesia tanggal 30 Desember 2022, telah                          Commuter Indonesia dated 30 December
    dilakukan jual beli bisnis KA Basoetta, harga                      2022, a sale and purchase of the Soekarno-
    jual    beli    yang      disepakati   adalah                      Hatta Airport Railway business was carried out,
    Rp329.800.000 dengan obyek jual beli:                              the agreed sales price was Rp329,800,000
                                                                       with the object of sales:
    1. 10 unit train set Kereta Rel Listrik (Electrical                1. 10 units of electric train sets (Electrical
       Multiple Unit);                                                     Multiple Units);


                                                          126
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PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

34. Selisih Transaksi Perubahan Ekuitas Entitas              34. Difference in transactions of changes in
    Anak (Lanjutan)                                              equity of subsidiaries (Continued)

    2. 2 (dua) unit double crane hoist;                          2. 2 (two) units of double crane hoists;
    3. 2 (dua) unit kendaraan bermotor;                          3. 2 (two) units of vehicles;
    4. Peralatan kantor yang berada di kantor                    4. Office equipment located at the Railink
       Railink yang berlokasi di gedung Kereta                      office located at the Airport Train building,
       Bandara, Jl. Tanjung Karang No.1,                            Jl. Tanjung Karang No.1, RT.011/RW.020,
       RT.011/RW.020, Kelurahan Kebon Melati,                       Kebon Melati Village, Tanah Abang District,
       Kecamatan Tanah Abang, Kota Jakarta                          Central Jakarta City, DKI Jakarta Province;
       Pusat, Provinsi DKI Jakarta;
    5. Gateway penjualan tiket dengan e-ticketing                5. Ticket sales gateway with e-ticketing
       system yang berada di Stasiun Manggarai,                     system which are located at Manggarai
       Stasiun Sudirman BNI City, Stasiun Batu                      Station, Sudirman BNI City Station, Batu
       Ceper, Stasiun Duri, dan Stasiun Bandara                     Ceper Station, Duri Station, and Soekarno-
       Soekarno-Hatta; dan                                          Hatta Airport Station; and
    6. Interior City Railway Station yang berada di              6. Interior of the City Railway Station located
       Stasiun Sudirman BNI City.                                   at the Station Sudirman BNI City.

    Selain aset tetap, beberapa Perjanjian Material              Besides fixed assets, certain Material
    juga dialihkan seperti:                                      Agreements are also transferred such as:
    1. Perjanjian Induk No. RL/DIR/PKS/028/                      1. Other agreement owned by the Company
       VII/2015      tanggal    7    Juli     2015                  and needed by KCI for or related to
       tentang      Kerjasama     Penyelenggaraan                   operational of Soekarno-Hatta Airport
       Perkeretaapian Bandara Soekarno-Hatta                        Railway.
       antara Perusahaan, PT AP II dan Railink;
    1. Perjanjian antara Perusahaan dan Railink                  2. The agreement between the Company and
       tentang      Penyelenggaraan      Prasarana                  Railink regarding the Operational of Railway
       Perkeretaapian di City Railways Station                      Infrastructure in City Railways Station
       (CRS) dan Stasiun Perhentian KA Bandara                      (CRS)      and    the   Stop   Station    of
       Soekarno-Hatta No. RL/DIR/PKS/022/IV/                        Soekarno-Hatta         Airport       Railway
       2018 tanggal 18 April 2018;                                  No.       RL/DIR/PKS/022/IV/2018      dated
                                                                    April 18, 2018;
    2. Perjanjian Kredit Sindikasi No. 05 tanggal 20             3. Deed of Syndicated Credit Agreement
       April 2015 yang telah diperbaharui dengan                    No. 05 dated April 20, 2015 which has been
       Akta Adendum Perjanjian Kredit Sindikasi                     amended with Deed of Addendum for
       No. 16 tanggal 20 Oktober 2015 yang dibuat                   Syndicated Credit Agreement No. 16 dated
       oleh Notaris Julius Purnawan, S.H., M.Si,                    October 20, 2015 made by Notary Julius
       Perusahaan memperoleh fasilitas pinjaman                     Purnawan, S.H., M.Si, the Company
       sindikasi dari PT Bank Rakyat Indonesia                      obtained syndicated loan facility from
       (Persero) Tbk (Agen Fasilitas), PT Bank                      PT Bank Rakyat Indonesia (Persero) Tbk
       Central Asia Tbk(Agen Jaminan), PT Bank                      (Facility Agent), PT Bank Central Asia Tbk
       Mandiri (Persero) Tbk (Peserta) dan                          (Fiducia Agent), PT Bank Mandiri (Persero)
       PT Bank Negara Indonesia (Persero) Tbk                       Tbk (Member) and PT Bank Negara
       (Peserta); dan                                               Indonesia (Persero) Tbk (Member); and
    3. Perjanjian-perjanjian lain yang dimiliki oleh             4. Other agreement owned by the Company
       Perusahaan dan dibutuhkan oleh KCI untuk                     and needed by KCI for or related to
       atau terkait operasional KA Bandara                          operational of Soekarno-Hatta Airport
       Soekarno-Hatta.                                              Railway.

    Persetujuan penambahan pengoperasian pada                    Approval of additional operations on the
    lintas pelayanan Manggarai-Bandara Udara                     Manggarai-Soekarno-Hatta Airport service
    Soekarno-Hatta oleh KCI sesuai dengan                        route by KCI in accordance with the Decree
    Surat Keputusan Kementerian Perhubungan                      of the Ministry of Transportation through
    melalui Direktur Jenderal Perkeretaapian                     the    Director   General    of    Railways
    No. KA.005/1/4/DJKA/2022, pada tanggal                       No. KA.005/1/4/DJKA/2022, on 29 July, 2022.
    29 Juli 2022.

                                                       127
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

35. Penggunaan Laba Bersih dan Saldo Laba                 35. Distribution of the Company’s Net Profit
    Perusahaan                                                and Retained Earnings

    Berdasarkan Rapat Umum Pemegang Saham                       Based on General Meeting of Shareholders
    Tahun Buku 2022, Grup membukukan laba                       2022, the Group booked income attributed to
    yang diatribusikan kepada entitas induk                     owner of the parent entity amounted to
    sebesar Rp1.782.040.477 yang dialokasikan                   Rp1,782,040,477 which was allocated for use
    penggunaannya sebagai berikut:                              as follows:
    a. Rp900.000.000 sebagai cadangan umum.                     a. Rp900,000,000 as general reserve.
    b. Rp882.040.477 sebagai cadangan lainnya.                  b. Rp882,040,477 as other reserves.


36. Selisih Likuidasi                                     36. Difference of Liquidation

    Berdasarkan Peraturan Pemerintah No. 19                     Based on Government Regulation No. 19 of
    Tahun 1998, Perusahaan berubah status dari                  1998, the Company changed its status from a
    Perusahaan Umum menjadi Persero terhitung                   Public Company to a Limited Company starting
    mulai tanggal 1 Juni 1999.                                  June 1, 1999.

    Berdasarkan Laporan Auditor Independen atas                 Based on the Independent Auditors' Report on
    Laporan     Posisi   Keuangan      Likuidasi                Perusahaan Umum Kereta Api Financial
    Perusahaan Umum Kereta Api per 31 Mei                       Position of Liquidation as of May 31, 1999
    1999 yang diaudit oleh BPKP Perwakilan                      which was audited by Representative Office of
    Propinsi     Jawa    Barat      berdasarkan                 BPKP of West Java Province, based on Report
    Laporan No. LAP-02.02.05-12720/PW.10.5/99                   No. LAP-02.02.05-12720/PW.10.5/99 dated
    tertanggal 9 November 1999, tercatat modal                  November 9, 1999, it was recorded that capital
    dan cadangan berupa sisa likuidasi sebesar                  and its reserves in the form of remaining
    Rp2.208.251.318.                                            balance upon liquidation amounted to
                                                                Rp2,208,251,318.

    Berdasarkan      laporan   posisi  keuangan                 Based on the Company's opening balance
    pembukaan Perusahaan per 1 Juni 1999 yang                   report as of June 1, 1999 which was audited by
    diaudit oleh BPKP Perwakilan Provinsi Jawa                  Representative Office of BPKP of West Java
    Barat berdasarkan Laporan No. LAP-02.02.05-                 Province, based on Report No. LAP-02.02.05-
    13026/PW.10.5/1999 tertanggal 18 November                   13026/PW.10.5/1999 dated November 18,
    1999, sisa likuidasi sebesar Rp2.208.251.318                1999, the remaining of liquidation value
    diperhitungkan sebagai modal yang disetor                   amounted to Rp2,208,251,318 was taken into
    sebesar Rp2.200.000.000, sisanya sebesar                    account as paid up capital of Rp2,200,000,000,
    Rp8.251.318 menjadi cadangan modal.                         where the remaining of Rp8,251,318 into
                                                                capital reserves.

    Atas cadangan modal sebesar Rp8.251.318                   The capital reserves amounted to Rp8,251,318
    telah dipindah bukukan sebagai berikut:                   has been transferred as follows:

    Saldo per 1 Juni 1999                                 8.251.318                               Balance as of June 1, 1999
    Dipindahkan ke saldo laba                             (832.180)
    Saldo per 31 Desember 1999                            7.419.138                        Balance as of December 31, 1999
    Dipindahkan ke Bantuan Pemerintah                     (187.293)                               Transferred to Government
      yang Belum Ditetapkan Statusnya (BPYBDS)                                              Equity Participation (BPYBDS)
    Saldo per 31 Desember 2000                             7.231.845                        Balance as of December 31, 2000
    Dipindahkan ke BPYBDS                                (6.263.710)           Transferred to Government Equity Participation
    Jumlah                                                  968.135                                                    Total




                                                   128
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PT KERETA API INDONESIA (PERSERO)                                PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                      AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                       December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (In Thousand of Rupiah, Unless Otherwise Stated)

37. Kepentingan Non-pengendali                           37. Non-Controlling Interest

    Kepentingan non-pengendali atas aset bersih:            Non-controlling interests in net assets:

                                          2023                   2022
    PT Angkasa Pura II (Persero)            80.591.675             84.717.926         PT Angkasa Pura II (Persero)
    Yayasan Pusaka                           8.869.637              7.735.980                    Yayasan Pusaka
    Jumlah                                  89.461.312             92.453.906                               Total


    Kepentingan non-pengendali atas laba (rugi)             Net income (loss)        attributable      to   non-
    bersih:                                                 controlling interests:

                                          2023                   2022
    Yayasan Pusaka                           1.620.948               1.532.835                  Yayasan Pusaka
    PT Angkasa Pura II (Persero)           (3.994.112)            (97.584.092)       PT Angkasa Pura II (Persero)
    Jumlah                                 (2.373.164)            (96.051.257)                              Total


    Kepentingan non-pengendali atas jumlah laba             Total comprehensive income (loss) attributable
    (rugi) komprehensif:                                    to non-controlling interests:

                                          2023                   2022
    Yayasan Pusaka                           1.582.123               1.469.296                  Yayasan Pusaka
    PT Angkasa Pura II (Persero)           (4.126.252)            (97.554.053)       PT Angkasa Pura II (Persero)
    Jumlah                                 (2.544.129)            (96.084.757)                              Total


    Kepentingan non-pengendali PT Angkasa Pura              Non-controlling interest of PT Angkasa Pura II
    II (Persero) merupakan kepentingan non-                 (Persero) is a non-controlling interest of
    pengendali atas penyertaan saham pada                   investment in Railink as of December 31, 2023
    Railink pada tanggal 31 Desember 2023 dan               and 2022, respectively.
    2022.

    Sedangkan untuk Yayasan Pusaka merupakan                Meanwhile, Yayasan Pusaka is a non-
    kepentingan non-pengendali atas penyertaan              controlling interest in this following ownership:
    saham pada:
    1) PT Reska Multi Usaha                                 1)    PT Reska Multi Usaha
    2) PT Kereta Commuter Indonesia                         2)    PT Kereta Commuter Indonesia
    3) PT KA Pariwisata                                     3)    PT KA Pariwisata
    4) PT KA Logistik                                       4)    PT KA Logistik
    5) PT KA Properti Manajemen                             5)    PT KA Properti Manajemen




                                                   129
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

38. Pendapatan Angkutan dan Usaha Lainnya                    38. Transportation    and     Other       Operating
                                                                 Revenues
                                            2023                  2022
    Angkutan                                                                                               Passenger
     Penumpang                                                                              Transportation Services
     Kelas Eksekutif (Kelas 1)              4.505.495.626          3.327.981.793         Executive Class (First Class)
     Kelas Bisnis (Kelas 2)                   293.899.485            190.215.545       Business Class (Second Class)
     Kelas Ekonomi (Kelas 3)                5.142.430.514          3.446.297.950         Economy Class (Third Class)
    Subjumlah                               9.941.825.625          6.964.495.288                             Subtotal

    Angkutan                                                                                   Goods Transportation
     Barang                                                                                               Services
     Batu Bara                             10.190.706.710          8.404.397.301                               Coal
     Peti Kemas                               414.804.866            422.235.968                         Container
     BBM                                      385.496.853            372.226.102                                Fuel
     Semen                                    272.245.319            270.912.109                            Cement
     Parcel/ Hantaran                         230.744.572            213.228.156                    Parcel/ Delivery
     Perkebunan                               132.624.248            128.083.622                         Plantation
     Lainnya                                   19.439.801             21.949.007                              Other
    Subjumlah                              11.646.062.369          9.833.032.265                             Subtotal

    Pendukung Angkutan KA                                                                     Transportation Support
     Prapurna dan Bongkar-Muat               481.252.379            414.245.336       Dooring and Loading-Unloading
     Angkutan KA Lainnya                     212.247.737            154.951.124        Others Railway Transportation
     Service on Train dan Restorasi KA       176.275.711            144.414.578      Service and Restaurant on Train
    Subjumlah                                869.775.827            713.611.038                              Subtotal

    Non-Angkutan                                                                                 Non-Transportation
     Pendapatan                                                                                 Assets Optimalization
      Optimalisasi Aset (Catatan 16)         649.662.475            630.197.305                    Income (Note 16)
     Pekerjaan Pihak Ketiga                  606.411.499            541.324.100                  Third Party Services
     Lainnya                                 524.079.321            404.166.635                               Others
    Subjumlah                               1.780.153.295          1.575.688.040                             Subtotal

    Kompensasi Pemerintah                                                                Government Compensation
     Pendapatan Pelayanan Publik (PSO)      2.919.969.049          3.242.766.866      Public Service Obligation (PSO)
     Pemeliharaan                                                                          Infrastructure Maintenance
      Infrastruktur (IMO)                    468.710.820            461.331.527                      Operation (IMO)
     Angkutan Perintis                       137.790.056            176.146.640                Pioneer Transportation
    Subjumlah                               3.526.469.925          3.880.245.033                             Subtotal
    Jumlah                                 27.764.287.041         22.967.071.664                                Total


    Pendapatan jasa angkutan penumpang                          Passenger transportation services revenue
    merupakan pendapatan dari hasil penjualan                   represents revenue generated from ticket sales
    tiket perjalanan kereta api jarak jauh dan jarak            of long and short distance trains.
    dekat.

    Pendapatan jasa angkutan barang merupakan                   Freight transportation      services revenue
    pendapatan atas jasa angkutan barang dengan                 represents revenue generated from freight
    menggunakan gerbong dan peti kemas.                         transportation by carriages and containers.

    Pendapatan pendukung angkutan merupakan                     Revenue of transportation supports represents
    pendapatan yang diperoleh selain jasa                       revenue     generated    from    transportation
    angkutan barang dan penumpang namun                         activities beside of freight and passenger
    masih    berhubungan     dengan     aktivitas               transportation services, such as: suplisi,
    pengangkutan, meliputi: suplisi, bagasi,                    baggage, operational supports, extended
    angkutan KA lainnya serta pendapatan                        transportation service (connecting between
    penunjang operasional, pendapatan jasa                      railway station and warehouse), container
    pengangkutan lanjutan (antara stasiun kereta                terminal service and safeguard service.
    api dengan gudang barang), jasa terminal peti
    kemas dan jasa pengawalan.

                                                       130
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

38. Pendapatan Angkutan dan Usaha Lainnya                    38. Transportation  and           Other         Operating
    (Lanjutan)                                                   Revenues (Continued)

    Pendapatan optimalisasi aset merupakan                      Assets optimalization income represents
    pendapatan sewa menyewa properti di dalam                   income generated from property leases inside
    dan di luar stasiun.                                        and outside of the station.

    Pendapatan       kompensasi        Pemerintah               Government compensation income represents
    merupakan pendapatan kompensasi yang                        compensation     income       obtained       for
    diperoleh atas pelaksanaan penugasan dari                   implementation of assignments from the
    Pemerintah     untuk     pelayanan    umum,                 Government for public services, infrastructures
    pemeliharan         infrastruktur,      serta               maintenance, and pioneer railways track
    pengembangan jalur kereta perintis.                         development.


39. Beban Angkutan dan Usaha Lainnya                         39. Transportation and Other Operating Cost

                                              2023                2022
    Beban Operasi Langsung                                                                    Direct Operating Expenses
     BBM dan Listrik Aliran Atas             3.999.527.028         3.039.591.426             Fuel and Flux Over Electricity
     Pegawai                                 3.163.534.250         2.668.857.831                                 Employees
     Perawatan Sarana                        2.980.866.341         2.358.031.804                Rolling Stock Maintenance
     Pendukung Operasional dan Angkutan      1.350.236.730           976.944.133           Operational and Railway Support
     Penyusutan Sarana                         826.075.525           798.624.008                 Rolling Stock Depreciation
     Penyusutan Fasilitas Dipo                                                                         Dipo and Balai Yasa
     dan Balai Yasa                            134.839.964          119.015.433                     Facilities Depreciation
     Asuransi                                   81.715.184           68.799.082                                   Insurance
     Bongkar Muat                               65.045.600           55.896.598                          Loading-Unloading
    Subjumlah                               12.601.840.622        10.085.760.315                                    Subtotal
    Beban Operasi Tidak Langsung                                                               Indirect Operating Expenses
     Pegawai                                 2.474.453.496         2.103.473.439                                    Employees
     Perawatan dan Operasi Prasarana         1.756.622.456         1.313.457.894   Infrastructure Operation and Maintenance
     Beban Keamanan dan Kebersihan             790.930.267           704.827.257              Security and Cleaning Expense
     Penyusutan Prasarana                                                                          Infrastructure Depreciation
      dan Amortisasi                           661.816.789          434.188.506                              and Amortization
     Beban Penggunaan Prasarana (TAC)          611.380.123          470.828.098                  Track Access Charge (TAC)
     Beban Optimalisasi Aset (Catatan 16)      511.938.878          648.309.642      Asset Optimalization Expense (Note 16)
     Beban Stasiun                             197.380.905          104.459.793                      Railway Station Expense
     Perawatan Prasarana                                                                            Transportation Supporting
      Pendukung Angkutan KA                     69.908.171           64.988.731                          Facility Maintenance
    Subjumlah                                7.074.431.085         5.844.533.360                                    Subtotal
    Jumlah                                  19.676.271.707        15.930.293.675                                        Total




40. Beban Usaha                                              40. Operating Expenses

                                            2023                  2022

    Pegawai                                 2.870.874.456         2.466.173.859                               Employee
    Pemasaran                                 238.721.485           177.515.152                               Marketing
    Perlengkapan dan Operasional Kantor       214.509.157           181.311.576       Office Equipment and Operations
    Teknologi dan Sistem Informasi            191.216.621           144.107.282     Technology and Information System
    Pendidikan dan Pelatihan                  149.609.220           142.533.291                 Education and Training
    Rapat/ Akomodasi                          135.391.442           118.755.270               Meeting/ Accommodation
    Administrasi                              124.309.044           113.740.157                           Administration
    Penyusutan Fasilitas                       99.798.926           129.430.614                  Facilities Depreciation
    Pajak Bumi dan Bangunan                    87.764.692            78.113.981                  Land and Building Tax
    Konsultan, Penelitian                                                                         Consultant, Research
     dan Pengembangan                         80.752.194             62.078.041                     and Development
    Penurunan Nilai Aset Keuangan             34.265.549             50.772.847            Impairment Financial Assets
    Jumlah                                  4.227.212.786         3.664.532.070                                        Total




                                                      131
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

41. Saldo dan Sifat Transaksi dengan Pihak                   41. Balance and Nature of Transaction with
    Berelasi                                                     Related Parties

    Perusahaan merupakan bagian dari suatu                      The Company is a part of a business group as
    kelompok usaha sebagaimana dijelaskan di                    described below in performing its operations
    bawah, dalam menjalankan operasinya                         and transactions with related parties.
    berhubungan dan melakukan transaksi dengan                  Regarding this relationship, there are no
    pihak-pihak   yang     berelasi.   Mengenai                 differences in terms and conditions of
    hubungan tersebut, tidak terdapat perbedaan                 transactions made with third parties.
    syarat dan kondisi atas transaksi yang
    dilakukan dengan pihak ketiga.

    Sifat hubungan dengan pihak-pihak yang                      Nature of relationship with a related parties are
    berelasi sebagai berikut:                                   as follows:
    a) Pemerintahan Republik Indonesia diwakili                 a) The Government of Republic of Indonesia
        oleh Menteri BUMN merupakan pemegang                        represented by the Minister of State-
        saham Perusahaan dan BUMN lain                              Owned Enterprises is the Company's
        memiliki    hubungan      afiliasi   melalui                shareholder and other state affiliates
        penyertaan modal Pemerintah Republik                        through a capital investment of the
        Indonesia.                                                  Government of Republic of Indonesia.
    b) Perusahaan menempatkan dan meminjam                      b) The Company places and borrows funds
        dana pada bank-bank yang dimiliki                           from banks owned by the Government with
        Pemerintah dengan persyaratan dan                           the terms and interest rates normally
        tingkat bunga normal sebagaimana yang                       applicable to third parties.
        berlaku untuk nasabah pihak ketiga.
    c) Perusahaan        yang     menandatangani                c) The Company entered into business
        perjanjian dalam rangka usaha, dengan                      agreement     with  other     state-owned
        BUMN-BUMN lain merupakan entitas anak                      enterprises or its subsidiaries or other
        BUMN serta badan-badan lembaga-                            authorized government's agencies.
        lembaga pemerintah yang berwenang.
    d) Memiliki anggota pengurus yang sama                      d) Has the same management member in
        dengan entitas anak, yaitu Direksi                         subsidiary, as the Company’s Board of
        Perusahaan     yang     juga      merupakan                Directors who are also subsidiary’s
        Komisaris pada entitas anak.                               Commissioners.
    e) Dewan Komisaris dan Direksi merupakan                    e) The Board of Commissioners and
        personil manajemen kunci Grup.                             Directors are member of the key
                                                                   management of the Group.




                                                       132
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PT KERETA API INDONESIA (PERSERO)                                                                         PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                               AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                    NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                    FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                                For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                                December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                     (In Thousand of Rupiah, Unless Otherwise Stated)

41. Saldo dan Sifat Transaksi dengan Pihak                                                       41. Balance and Nature of Transaction with
    Berelasi (Lanjutan)                                                                              Related Parties (Continued)
    Berikut adalah transaksi dengan pihak berelasi                                                      Below are the material transactions with
    yang material:                                                                                      related parties:
                        Pihak Berelasi/                                        Hubungan/                                                         Jenis Transaksi/
                        Related Parties                                   Nature of Relationship                                               Nature of Transaction
    Pemerintah Republik Indonesia                   Pemegang Saham melalui Kementrian BUMN/                         Hak Konsesi atas Prasarana Kereta Api, Pemberian Pinjaman Jangka
                                                                                                                    Panjang PEN, dan Perpajakan/
                                                    Shareholders through the Ministry of SOEs                       Railway Infrastructure of Concession Rights, provide long term loans PEN
                                                                                                                    and Taxation
    Kementerian Perhubungan Republik Indonesia      Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penerimaan Dana atas Penyelenggaraan angkutan PSO, Perintis, dan
                                                    Controlled by Central Government of the Republic of Indonesia   Perawatan IMO, Pembayaran Bunga, dan Pembayaran TAC/
                                                                                                                    Receipts compensation for Public Service Liabilities, Pioneer Compensation
                                                                                                                    and IMO, Interest Payment and TAC Payment
    PT Bank Rakyat Indonesia (Persero) Tbk          Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penempatan Giro, Deposito Berjangka, Dana yang Dibatasi Penggunaannya,
                                                    Controlled by Central Government of the Republic of Indonesia   Fasilitas Kredit Modal Kerja, Fasilitas Kredit Sindikasi/
                                                                                                                    Placement Current Account, Time Deposit, Restricted Funds, Syndicated
                                                                                                                    Loans Facility, Finance cost, Finance income and Pension Fund
    PT Bank Negara Indonesia (Persero) Tbk          Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penempatan Giro, Deposito Berjangka, Dana yang Dibatasi Penggunaannya,
                                                    Controlled by Central Government of the Republic of Indonesia   Fasilitas Kredit Modal Kerja, Fasilitas Kredit Sindikasi, Persewaan Lahan,
                                                                                                                    Biaya Keuangan, Pendapatan Bunga, Pendapatan Sewa, Dana Pensiun, dan
                                                                                                                    Dana Kesehatan Pegawai/
                                                                                                                    Placement Current Account, Time Deposit, Restricted Funds, Working
                                                                                                                    Capital Credit Facility, Syndicated Loans Facility, Land lease, Property lease,
                                                                                                                    Finance cost, Interest income, Lease income, Pension Fund and Employee
                                                                                                                    Healthy Fund
    PT Bank Mandiri (Persero) Tbk                   Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penempatan Giro, Deposito Berjangka, Dana yang Dibatasi Penggunaannya,
                                                    Controlled by Central Government of the Republic of Indonesia   Fasilitas Kredit Modal Kerja, Fasilitas Kredit Sindikasi, Persewaan Lahan,
                                                                                                                    Biaya Keuangan, Asuransi Pegawai, Pendapatan Bunga, Pendapatan Sewa
                                                                                                                    dan Dana Pensiun/
                                                                                                                    Placement Current Account, Time Deposit, Restricted Funds, Working
                                                                                                                    Capital Credit Facility, Syndicated Loans Facility, Land lease, Finance cost,
                                                                                                                    Employee Insurance, Interest income, Lease income and Pension Fund

    PT Bank Tabungan Negara (Persero) Tbk           Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penempatan Giro, Deposito Berjangka, Hak Konsesi atas Prasarana Kereta
                                                    Controlled by Central Government of the Republic of Indonesia   Api, Pemberian Pinjaman Jangka Panjang PEN, dan Perpajakan/
                                                                                                                    Railway Infrastructure of Concession Rights, provide long term loans PEN
                                                                                                                    and Taxation
    PT BPRS Baiturridha Pusaka                      Entitas Asosiasi/                                               Penempatan Giro dan Deposito Berjangka/
                                                    Associate                                                       Placement Current Account and Time Deposit
    PT Indonesia Asahan Aluminium (Persero)         Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penerimaan dari Jasa Angkutan dan Jasa Pendukung/
                                                    Controlled by Central Government of the Republic of Indonesia   Receipts from Transportation Services and Supporting Services
    PT Pertamina (Persero)                          Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Pembelian Bahan Bakar Minyak dan Jasa Pendukungnya, Penerimaan dari
                                                                                                                    Jasa Angkutan dan Sewa Lahan/
                                                    Controlled by Central Government of the Republic of Indonesia   Purchase of fuel and lubricants for infrastructure operations at maintenance
                                                                                                                    stations and railway facilities
    PT Semen Indonesia (Persero) Tbk                Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penerimaan dari Jasa Angkutan dan Jasa Pendukung/
                                                    Controlled by Central Government of the Republic of Indonesia   Receipts from Transportation Services and Supporting Services
    PT Industri Kereta Api (Persero)                Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Pembelian Aset Sarana, Pembelian Suku Cadang, Jasa Perawatan Sarana,
                                                                                                                    Penerimaan Jasa Teknis Sarana, dan Jasa Angkutan/
                                                    Controlled by Central Government of the Republic of Indonesia   Purchase of Rolling Stock Assets, Spare Parts, Rolling Stock Maintenance
                                                                                                                    Services, Receipts Rolling Stock Technical Services, and Transportation
                                                                                                                    Services
    PT Pembangunan Perumahan (Persero) Tbk          Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Persewaan Lahan/
                                                    Controlled by Central Government of the Republic of Indonesia   Land Lease
    PT Perkebunan Nusantara III (Persero)           Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penerimaan dari Jasa Angkutan dan Jasa Pendukung/
                                                    Controlled by Central Government of the Republic of Indonesia   Receipts from Transportation Services and Supporting Services
    PT Krakatau Steel (Persero) Tbk                 Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penerimaan dari Jasa Angkutan dan Jasa Pendukung/
                                                    Controlled by Central Government of the Republic of Indonesia   Receipts from Transportation Services and Supporting Services
    PT Rajawali Nusantara Indonesia (Persero)       Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Persewaan Lahan/
                                                    Controlled by Central Government of the Republic of Indonesia   Land Lease
    PT Perusahaan Listrik Negara (Persero)          Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Persewaan Lahan, Pembayaran Listrik Operasional dan Listrik Aliran Atas/
                                                    Controlled by Central Government of the Republic of Indonesia   Land lease, Payment of Operation Electricity and Flux Over Electricity
    PT Pupuk Indonesia (Persero)                    Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penerimaan dari Jasa Angkutan dan Jasa Pendukung/
                                                    Controlled by Central Government of the Republic of Indonesia   Receipts from Transportation Services and Supporting Services
    PT Biofarma (Persero)                           Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penerimaan dari Persewaan Lahan/
                                                    Controlled by Central Government of the Republic of Indonesia   Receipts from Land Lease
    PT Adhi Karya (Persero) Tbk                     Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Kontraktor dalam Pembangunan Proyek LRT Jabodebek/
                                                    Controlled by Central Government of the Republic of Indonesia   Contractor for construction of Jabodebek Light Rail Transit infrastructure
    PT Aviasi Pariwisata Indonesia (Persero)        Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Pembayaran Persewaan Lahan dan Utilitas Bandara/
                                                    Controlled by Central Government of the Republic of Indonesia   Payment of Land Lease and Airport Utility
    PT Biro Klasifikasi Indonesia (Persero)         Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Pembayaran Jasa Konsultasi/
                                                    Controlled by Central Government of the Republic of Indonesia   Payment of Consultation Service
    PT Barata Indonesia (Persero)                   Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Pembelian Suku Cadang Sarana/
                                                    Controlled by Central Government of the Republic of Indonesia   Purchase of Spare Parts of Rolling Stock
    PT LEN Industri (Persero)                       Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Pembelian Suku Cadang Prasarana/
                                                    Controlled by Central Government of the Republic of Indonesia   Purchase of Infrastructure spare parts
    PT Garuda Indonesia (Persero) Tbk               Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Pembayaran Tiket Pesawat/
                                                    Controlled by Central Government of the Republic of Indonesia   Airline Ticket Payment
    PT Sarana Multi Infrastruktur (Persero)         Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Fasilitas Kredit Sindikasi dan Biaya Keuangan/
                                                    Controlled by Central Government of the Republic of Indonesia   Syndicated Credit Facility and Finance Cost
    Lembaga Pembiayaan Ekspor Indonesia             Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Fasilitas Kredit Sindikasi dan Biaya Keuangan/
                                                    Controlled by Central Government of the Republic of Indonesia   Syndicated Credit Facility and Finance Cost
    Kementerian Keuangan Republik Indonesia         Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Fasilitas Pinjaman Subordinasi dan Biaya Keuangan/
                                                    Controlled by Central Government of the Republic of Indonesia   Subordination Loans Facility and Finance Cost
    PT Jasa Marga (Persero) Tbk                     Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penerimaan dari Pekerjaan Alih Daya/
                                                    Controlled by Central Government of the Republic of Indonesia   Receipts from Outsource Employee
    PT Bahana Pembinaan Usaha Indonesia (Persero)   Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Asuransi Pegawai/
                                                    Controlled by Central Government of the Republic of Indonesia   Employee Insurance
    PT Pilar Sinergi BUMN Indonesia                 Ventura Bersama/ Joint Venture                                  Piutang Lain-lain/ Other Receivables
    PT Telekomunikasi Indonesia (Persero) Tbk       Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Pembayaran Jasa Telekomunikasi/
                                                    Controlled by Central Government of the Republic of Indonesia   Payment for Telecommunication Services
    Perum PPD                                       Dikendalikan oleh Pemerintah Pusat Republik Indonesia/          Penerimaan Jasa Angkutan/
                                                    Controlled by Central Government of the Republic of Indonesia   Receipts from Transportation Services




                                                                                       133
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PT KERETA API INDONESIA (PERSERO)                                           PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                 AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                      NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                      FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                  For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                  December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                       (In Thousand of Rupiah, Unless Otherwise Stated)

41. Saldo dan Sifat Transaksi dengan Pihak                         41. Balance and Nature of Transaction with
    Berelasi (Lanjutan)                                                Related Parties (Continued)

                                                  2023                   2022

    Bank (Catatan 5)                                                                                                Bank (Note 5)
    PT Bank Rakyat Indonesia (Persero) Tbk        1.376.602.397          1.805.804.641      PT Bank Rakyat Indonesia (Persero) Tbk
    PT Bank Mandiri (Persero) Tbk                 1.346.496.081          1.468.404.783               PT Bank Mandiri (Persero) Tbk
    PT Bank Negara Indonesia (Persero) Tbk          693.678.680          1.552.301.430      PT Bank Negara Indonesia (Persero) Tbk
    PT Bank Tabungan Negara (Persero) Tbk            33.198.909             66.976.823      PT Bank Tabungan Negara (Persero) Tbk
    PT BPRS Baiturridha Pusaka                        6.911.327              1.143.975                 PT BPRS Baiturridha Pusaka
    Jumlah Bank (Rupiah)                          3.456.887.394          4.894.631.652                               Total Bank (IDR)
    % Terhadap Jumlah Aset                               4,25%                  6,84%                              % to Total Assets

    Deposito (Catatan 5)                                                                                   Time Deposits (Note 5)
    PT Bank Rakyat Indonesia (Persero) Tbk          875.615.360            80.200.000       PT Bank Rakyat Indonesia (Persero) Tbk
    PT Bank Mandiri (Persero) Tbk                   305.000.000            50.000.000                PT Bank Mandiri (Persero) Tbk
    PT Bank Negara Indonesia (Persero) Tbk          150.000.000           207.310.000       PT Bank Negara Indonesia (Persero) Tbk
    PT Bank Tabungan Negara (Persero) Tbk            50.000.000            55.000.000       PT Bank Tabungan Negara (Persero) Tbk
    PT BPRS Baiturridha Pusaka                        6.000.000             6.000.000                  PT BPRS Baiturridha Pusaka
    Jumlah Deposito                               1.386.615.360           398.510.000                         Total Time Deposits
    % Terhadap Jumlah Aset                               1,70%                  0,56%                              % to Total Assets

    Dana Dibatasi                                                                                                 Restricted Fund
     Penggunaannya (Catatan 6)                                                                                            (Note 6)
     PT Bank Rakyat Indonesia (Persero) Tbk       1.012.638.903          3.219.724.534      PT Bank Rakyat Indonesia (Persero) Tbk
     PT Bank Mandiri (Persero) Tbk                  845.707.566          2.173.167.815               PT Bank Mandiri (Persero) Tbk
     PT Bank Negara Indonesia (Persero) Tbk         702.533.689            198.001.969      PT Bank Negara Indonesia (Persero) Tbk
     Jumlah Dana                                                                                                 Total Restricted
      Dibatasi Penggunaannya                      2.560.880.158          5.590.894.318                                      Fund
     % Terhadap Jumlah Aset                              3,15%                  7,81%                             % to Total Assets

    Piutang Usaha (Catatan 7)                                                                             Trade Receivables (Note 7)
    PT Indonesia Asahan Aluminium (Persero) -                                             PT Indonesia Asahan Aluminium (Persero) -
     PT Bukit Asam (Persero) Tbk                   968.595.805            832.018.463                     PT Bukit Asam (Persero) Tbk
    Kementerian Perhubungan Republik Indonesia     187.421.191                416.680    Ministry of Transportation Republic Indonesia
    PT Pertamina (Persero)                          42.561.456             44.583.938                          PT Pertamina (Persero)
    PT Semen Indonesia (Persero) Tbk                38.589.904             27.574.218              PT Semen Indonesia (Persero) Tbk
    PT Perkebunan Nusantara III (Persero) -                                                   PT Perkebunan Nusantara III (Persero) -
     PT Perkebunan Nusantara IV                       8.727.229             9.521.422                    PT Perkebunan Nusantara IV
    PT Krakatau Steel (Persero) Tbk                   4.100.904             3.069.913                  PT Krakatau Steel (Persero) Tbk
    PT Kereta Cepat Indonesia China                   2.901.356                     --                PT Kereta Cepat Indonesia China
    PT Telekomunikasi Indonesia (Persero) Tbk         2.724.885               372.089     PT Telekomunikasi Indonesia (Persero) Tbk
    PT Bank Mandiri (Persero) Tbk                     2.606.264             1.549.691                   PT Bank Mandiri (Persero) Tbk
    PT Bank Rakyat Indonesia (Persero) Tbk            1.706.446             1.885.589        PT Bank Rakyat Indonesia (Persero) Tbk
    PT Biofarma (Persero)                             1.427.810             1.782.455                            PT Biofarma (Persero)
    PT Pembangunan Perumahan (Persero) Tbk              827.433            13.382.380    PT Pembangunan Perumahan (Persero) Tbk
    PT Bank Negara Indonesia (Persero) Tbk              753.896               738.022       PT Bank Negara Indonesia (Persero) Tbk
    PT Industri Kereta Api (Persero)                    460.829            16.011.636                  PT Industri Kereta Api (Persero)
    PT Pupuk Indonesia (Persero)                          3.413             1.541.046                    PT Pupuk Indonesia (Persero)
    PT Rajawali Nusantara Indonesia (Persero)                 --            1.507.915     PT Rajawali Nusantara Indonesia (Persero)
    Lain-lain (masing-masing                                                                                              Others (Each
     dibawah Rp1 miliar)                              3.557.124             7.325.187                               Under Rp1 Billion)
    Jumlah Piutang Usaha                          1.266.965.945           963.280.644                       Total Trade Receivables
    Cadangan Kerugian Penurunan Nilai               (13.851.143)          (28.650.899)               Allowance for Impairment Losses
    Jumlah - Bersih                               1.253.114.802           934.629.745                                      Total - Net

    % Terhadap Jumlah Aset                               1,54%                  1,31%                              % to Total Assets


    Piutang Lain-lain (Catatan 8)                                                                          Other Receivable (Note 8)
     Lancar                                                                                                                 Current
     PT Moda Integrasi Transportasi Jabodetabek       8.183.000                     --   PT Moda Integrasi Transportasi Jabodetabek
     Tidak Lancar                                                                                                       Non-current
     PT Indonesia Asahan Aluminium (Persero) -                                            PT Indonesia Asahan Aluminium (Persero)-
      PT Bukit Asam (Persero) Tbk                   103.700.228            103.700.228                 PT Bukit Asam (Persero) Tbk
     PT Pertamina (Persero)                           3.808.156              3.808.156                       PT Pertamina (Persero)
     PT Semen Indonesia (Persero) Tbk                 1.917.139              1.917.139           PT Semen Indonesia (Persero) Tbk
     Perum PPD                                          500.000                500.000                                   Perum PPD
     Jumlah Piutang Lain-lain                       118.108.523            109.925.523                     Total Other Receivables
     Cadangan Kerugian Penurunan Nilai            (109.925.523)          (109.925.523)              Allowance for Impairment Losses
     Jumlah Bersih                                    8.183.000                     --                                      Total Net

     % Terhadap Jumlah Aset                               0,01%                 0,00%                              % to Total Assets



                                                            134
Page 799
PT KERETA API INDONESIA (PERSERO)                                         PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                               AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                    NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                    FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                     (In Thousand of Rupiah, Unless Otherwise Stated)

41. Saldo dan Sifat Transaksi dengan Pihak                         41. Balance and Nature of Transaction with
    Berelasi (Lanjutan)                                                Related Parties (Continued)

    Piutang lain-lain kepada pihak berelasi                          Other receivables to related parties represent
    merupakan piutang yang tidak memiliki                            receivables that are not directly related to
    hubungan langsung dengan kegiatan utama                          Group’s operational activities.
    Grup.

                                                  2023                 2022
    Pendapatan Masih Akan Diterima                                                                                     Accrued Income
     (Catatan 10)                                                                                                             (Note 10)
     Kementerian Perhubungan Republik Indonesia    616.070.541          164.662.291    Ministry of Transportation of Republic Indonesia
     PT Indonesia Asahan Aluminium (Persero) -                                            PT Indonesia Asahan Aluminium (Persero) -
      PT Bukit Asam (Persero) Tbk                             --         719.566.683                     PT Bukit Asam (Persero) Tbk
     Subjumlah                                      616.070.541          884.228.974                                           Subtotal
     Cadangan Kerugian Penurunan Nilai            (177.034.197)        (164.662.291)                  Allowance for Impairment Losses
     Jumlah-Bersih                                  439.036.344          719.566.683                                          Total-Net

     % Terhadap Jumlah Aset                              0,54%                1,01%                                % to Total Assets


    Pada tanggal 31 Desember 2023, pendapatan                        As of December 31, 2023, accrued income
    masih akan diterima dari Kementerian                             from Ministry of Transportation of Republic
    Perhubungan Republik Indonesia merupakan                         Indonesia consist of PSO transaction.
    transaksi PSO.
    Pada tanggal 31 Desember 2022, pendapatan                        As of December 31, 2022, accrued income
    masih akan diterima dari PT Bukit Asam Tbk                       from PT Bukit Asam Tbk for the adjustment of
    atas penyesuaian tarif angkutan batu bara                        coal transportation in the Tanjung Enim Baru-
    relasi Tanjung Enim Baru-Tarahan dan                             Tarahan and Tanjung Enim Baru-Kertapati
    Tanjung Enim Baru-Kertapati selama tahun                         relations during 2022. As of Desember 31,
    2022. Pada 31 Desember 2023, Perusahaan                          2023, the Company has received all payments
    telah menerima seluruh pembayaran atas                           for the transaction.
    transaksi tersebut.
                                                  2023                 2022
    Aset Tidak Lancar - Lainnya                                                                          Other Non - Current Asset
    Aset Keuangan                                                                                                 Financial Assets
     (Catatan 20)                                                                                                         (Note 20)
     Dana Pensiun Pegawai                                                                                          Pension Funds
     PT Bank Rakyat Indonesia (Persero) Tbk          48.674.704          53.367.617          PT Bank Rakyat Indonesia (Persero) Tbk
     PT Bank Mandiri (Persero) Tbk                   34.348.005          13.708.174                   PT Bank Mandiri (Persero) Tbk
     PT Bank Negara Indonesia (Persero) Tbk           8.236.224           9.318.841          PT Bank Negara Indonesia (Persero) Tbk
     Subjumlah                                       91.258.933          76.394.632                                        Subtotal
     Dana Kesehatan Pegawai                                                                               Employee Healthy Fund
     PT Bank Negara Indonesia (Persero) Tbk          60.679.342          53.402.087          PT Bank Negara Indonesia (Persero) Tbk
     Dana Cadangan Tantiem                                                                                Tantiem's Reserve Fund
     PT Bank Mandiri (Persero) Tbk                   7.592.201                    --                  PT Bank Mandiri (Persero) Tbk
     Jumlah                                        159.530.476          129.796.719                                           Total
     % Terhadap Jumlah Aset                              0,20%                0,18%                                % to Total Assets


    Utang Usaha (Catatan 21)                                                                                Trade Payables (Note 21)
    PT Adhi Karya (Persero) Tbk                   4.190.116.201          15.603.669                       PT Adhi Karya (Persero) Tbk
    PT Industri Kereta Api (Persero)                303.857.994          48.897.338                    PT Industri Kereta Api (Persero)
    PT Pertamina (Persero)                          139.791.441         138.011.384                              PT Pertamina (Persero)
    Kementerian Perhubungan Republik Indonesia      118.601.658         432.514.749    Ministry of Transportation of Republic Indonesia
    PT LEN Industri (Persero)                        89.732.279          55.985.708                          PT LEN Industri (Persero)
    PT Telekomunikasi Indonesia (Persero) Tbk        80.688.636         106.089.280       PT Telekomunikasi Indonesia (Persero) Tbk
    PT Biro Klasifikasi Indonesia (Persero)          13.755.064           4.781.184              PT Biro Klasifikasi Indonesia (Persero)
    PT Perusahaan Listrik Negara (Persero)           13.523.811           9.178.664            PT Perusahaan Listrik Negara (Persero)
    PT Wijaya Karya (Persero) Tbk                    13.309.743                   --                    PT Wijaya Karya (Persero) Tbk
    PT Barata Indonesia (Persero)                     3.045.507          10.602.695                      PT Barata Indonesia (Persero)
    PT Garuda Indonesia (Persero) Tbk                 2.887.642              51.335                 PT Garuda Indonesia (Persero) Tbk
    PT BioFarma (Persero)                             1.434.941             753.959                              PT BioFarma (Persero)
    PT Yodya Karya (Persero)                          1.202.548                   --                         PT Yodya Karya (Persero)
    PT Aviasi Pariwisata Indonesia (Persero)                  --         53.128.122           PT Aviasi Pariwisata Indonesia (Persero)
    Lain-lain (masing-masing                                                                                               Others (Each
     dibawah Rp1 miliar)                              4.351.768           5.116.594                                   Under Rp1 Billion)
    Jumlah Utang Usaha                            4.976.299.233         880.714.681                             Total Trade Payables

    % Terhadap Jumlah Liabilitas                         9,86%                1,05%                              % to Total Liabilities



                                                           135
Page 800
PT KERETA API INDONESIA (PERSERO)                                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                (In Thousand of Rupiah, Unless Otherwise Stated)

41. Saldo dan Sifat Transaksi dengan Pihak                                  41. Balance and Nature of Transaction with
    Berelasi (Lanjutan)                                                         Related Parties (Continued)

                                                            2023                  2022
    Pinjaman Jangka Pendek                                                                                                  Short-term Loans
     (Catatan 24)                                                                                                                   (Note 24)
     PT Bank Mandiri (Persero) Tbk                           950.000.000            60.000.000                  PT Bank Mandiri (Persero) Tbk
     PT Bank Rakyat Indonesia (Persero) Tbk                   38.523.138           500.000.000         PT Bank Rakyat Indonesia (Persero) Tbk
     PT Bank Negara Indonesia (Persero) Tbk                            --          200.000.000         PT Bank Negara Indonesia (Persero) Tbk
     Jumlah Pinjaman Jangka Pendek                           988.523.138           760.000.000                       Total Short-term Loans
     % Terhadap Jumlah Liabilitas                                  1,96%                 1,79%                             % to Total Liabilities


    Pinjaman Jangka Panjang                                                                                                   Long-term Loans
     (Catatan 28)                                                                                                                      (Note 28)
     PT Bank Mandiri (Persero) Tbk                         3.827.952.281          3.441.548.447                  PT Bank Mandiri (Persero) Tbk
     PT Bank Negara Indonesia (Persero) Tbk                3.351.782.162          3.174.463.240        PT Bank Negara Indonesia (Persero) Tbk
     PT Bank Rakyat Indonesia (Persero) Tbk                3.351.277.799          3.173.856.095        PT Bank Rakyat Indonesia (Persero) Tbk
     PT Sarana Multi Infrastruktur (Persero)               2.079.335.804          1.797.525.062          PT Sarana Multi Infrastruktur (Persero)
     Lembaga Pembiayaan Ekspor Indonesia                     198.044.000            246.956.000         Lembaga Pembiayaan Ekspor Indonesia
     Kementerian Keuangan Republik Indonesia                  23.425.649             24.444.156          Ministry of Finance Republic Indonesia
     Biaya Transaksi yang belum Diamortisasi                  (2.472.898)            (3.241.123)               Unamortized Cost of Transaction
     Jumlah Pinjaman Jangka Panjang                       12.829.344.797         11.855.551.877                         Total Long-term Loans

     % Terhadap Jumlah Liabilitas                                  25,42%                27,89%                            % to Total Liabilities

    Bagian Pinjaman Jangka                                                                                                 Portion of Long-term
     Panjang yang Jatuh Tempo                                                                                                 Loans Maturing
     dalam Satu Tahun                                                                                                         within One Year
     (Catatan 28)                                                                                                                   (Note 28)
     PT Bank Negara Indonesia (Persero) Tbk                  291.162.367           272.940.734         PT Bank Negara Indonesia (Persero) Tbk
     PT Bank Rakyat Indonesia (Persero) Tbk                  291.059.585           272.837.952         PT Bank Rakyat Indonesia (Persero) Tbk
     PT Bank Mandiri (Persero) Tbk                           191.337.775           153.419.734                   PT Bank Mandiri (Persero) Tbk
     PT Sarana Multi Infrastruktur (Persero)                  89.230.225            55.884.000           PT Sarana Multi Infrastruktur (Persero)
     Lembaga Pembiayaan Ekspor Indonesia                      66.132.000            48.912.000          Lembaga Pembiayaan Ekspor Indonesia
     Kementerian Keuangan Republik Indonesia                   1.018.507             1.018.507           Ministry of Finance Republic Indonesia
     Jumlah Bagian Pinjaman                                                                                                       Total Current
      Jangka Panjang yang Jatuh                                                                                                   Maturities of
      Tempo dalam Satu Tahun                                 929.940.459           805.012.927                                 Long-term Loan

     % Terhadap Jumlah Liabilitas                                  1,84%                 1,89%                              % to Total Liabilities


    Pinjaman Program PEN                                                                                                    PEN Program Loan
     (Catatan 27)                                                                                                                    (Note 27)
     Pemerintah Republik Indonesia                         3.062.500.000          3.500.000.000           Government of the Republic Indonesia
     % Terhadap Jumlah Liabilitas                                  6,07%                 8,24%                             % to Total Liabilities


    Rincian pendapatan                  dari     pihak   berelasi               The details of revenues from related parties
    sebagai berikut:                                                            are as follows:

                                                            2023                  2022
    PT Indonesia Asahan Aluminium (Persero) -                                                         PT Indonesia Asahan Aluminium (Persero) -
     PT Bukit Asam (Persero) Tbk                            7.508.411.901         6.671.067.104                     PT Bukit Asam (Persero) Tbk
    Kementerian Perhubungan Republik Indonesia              3.526.469.925         3.880.245.033    Ministry of Transportation of Republic Indonesia
    PT Pertamina (Persero)                                    385.496.853           372.226.102                             PT Pertamina (Persero)
    PT Bank Mandiri (Persero) Tbk                              83.083.338            79.527.257                     PT Bank Mandiri (Persero) Tbk
    PT Semen Indonesia (Persero) Tbk                           82.221.857            95.786.983                 PT Semen Indonesia (Persero) Tbk
    PT Bank Rakyat Indonesia (Persero) Tbk                     77.635.245            27.255.523           PT Bank Rakyat Indonesia (Persero) Tbk
    PT Bank Negara Indonesia (Persero) Tbk                     45.405.301            53.262.744           PT Bank Negara Indonesia (Persero) Tbk
    PT Perkebunan Nusantara III (Persero) -                                                                PT Perkebunan Nusantara III (Persero) -
     PT Perkebunan Nusantara IV                               36.333.590             33.732.089                       PT Perkebunan Nusantara IV
    PT Telekomunikasi Indonesia (Persero) Tbk                 13.371.646              23.491.554      PT Telekomunikasi Indonesia (Persero) Tbk
    PT Pupuk Indonesia (Persero)                              11.827.728               6.873.776                     PT Pupuk Indonesia (Persero)
    PT Bank Tabungan Negara (Persero) Tbk                      6.399.991                 959.874         PT Bank Tabungan Negara (Persero) Tbk
    PT Industri Kereta Api (Persero)                           2.104.726              21.918.326                   PT Industri Kereta Api (Persero)
    PT Pelabuhan Indonesia (Persero)                           2.080.983                 720.140                 PT Pelabuhan Indonesia (Persero)
    PT Biofarma (Persero)                                      1.932.594               8.087.537                             PT Biofarma (Persero)
    Lain-lain (masing-masing                                                                                                          Others (Each
     di bawah Rp1 miliar)                                       4.835.123            20.679.272                                  Under Rp1 Billion)
    Jumlah Pendapatan                                      11.787.610.801        11.295.833.314                                    Total Revenues
    % Terhadap Jumlah Pendapatan                                   42,00%                48,89%                             % to Total Revenues




                                                                     136
Page 801
PT KERETA API INDONESIA (PERSERO)                                                PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                      AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                       For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                       December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                            (In Thousand of Rupiah, Unless Otherwise Stated)

41. Saldo dan Sifat Transaksi dengan Pihak                                41. Balance and Nature of Transaction with
    Berelasi (Lanjutan)                                                       Related Parties (Continued)

    Rincian beban dari pihak berelasi sebagai                                The details of expenses from related parties
    berikut:                                                                 are as follows:

                                                    31 Desember 2023/     31 Desember 2022/
                                                          2023                  2022

    PT Pertamina (Persero)                               3.755.518.455          2.872.860.277                                PT Pertamina (Persero)
    Kementerian Perhubungan Republik Indonesia             611.380.123            470.828.098      Ministry of Transportation of Republic Indonesia
    PT Perusahaan Listrik Negara (Persero)                 406.574.040            372.698.607              PT Perusahaan Listrik Negara (Persero)
    PT Telekomunikasi Indonesia (Persero) Tbk              173.777.924            123.091.259         PT Telekomunikasi Indonesia (Persero) Tbk
    PT Bank Mandiri (Persero) Tbk                          184.414.530            120.196.959                       PT Bank Mandiri (Persero) Tbk
    PT Bank Rakyat Indonesia (Persero) Tbk                 156.105.647            120.279.637             PT Bank Rakyat Indonesia (Persero) Tbk
    PT Bank Negara Indonesia (Persero) Tbk                 148.451.127             90.029.723             PT Bank Negara Indonesia (Persero) Tbk
    PT Sarana Multi Infrastruktur (Persero)                121.590.960            114.197.821                PT Sarana Multi Infrastruktur (Persero)
    PT Industri Kereta Api (Persero)                        54.186.270             60.831.293                      PT Industri Kereta Api (Persero)
    Lembaga Pembiayaan Ekspor Indonesia                     19.120.775             22.296.937              Lembaga Pembiayaan Ekspor Indonesia
    PT Biro Klasifikasi Indonesia (Persero)                 11.993.241              4.321.147                PT Biro Klasifikasi Indonesia (Persero)
    PT Bahana Pembinaan Usaha Indonesia (Persero)           11.965.185             46.349.527    PT Bahana Pembinaan Usaha Indonesia (Persero)
    PT Aviasi Pariwisata Indonesia (Persero)                 4.113.742             44.084.270             PT Aviasi Pariwisata Indonesia (Persero)
    PT Garuda Indonesia (Persero) Tbk                        3.448.352              1.512.705                   PT Garuda Indonesia (Persero) Tbk
    PT Semen Indonesia (Persero)                             1.497.209                      --                      PT Semen Indonesia (Persero)
    Lain-lain (Masing-masing                                                                                                                 Others
     dibawah Rp1 Milyar)                                      3.979.115            18.874.707                                     Under Rp1 Billion)
    Jumlah Beban                                         5.668.116.695          4.482.452.967                                      Total Expenses

    % Terhadap Beban                                            17,31%                19,33%                               % to Cost of Revenues


    Kompensasi manajemen kunci:                                              Key management compensation:

                                                    31 Desember 2023/     31 Desember 2022/
                                                          2023                  2022
    Direksi                                                                                                                             Directors
     Imbalan Kerja Jangka Pendek                            62.893.465             70.758.141                                 Short-term Benefits
     Imbalan Pascakerja                                      4.360.002              4.973.657                           Post-employment Benefits
    Jumlah                                                  67.253.467             75.731.798                                                 Total


    Dewan Komisaris                                                                                                     Board of Commissioners
     Imbalan Kerja Jangka Pendek                            33.031.914             28.614.604                                 Short-term Benefits
     Imbalan Pascakerja                                      2.027.048              2.369.877                           Post-employment Benefits
    Jumlah                                                  35.058.962             30.984.481                                                 Total




42. Penghasilan Keuangan                                                  42. Finance Income

                                                       2023                      2022
    Jasa Giro                                           150.723.754                106.536.898                 Interest on Current Accounts
    Penyesuaian Nilai Kini PEN                          109.099.460                 17.662.552              PEN Present Value Adjustment
    Deposito Berjangka                                   41.899.695                 15.315.494                             Time Deposits
    Jumlah                                              301.722.909                139.514.944                                              Total



43. Beban Keuangan                                                        43. Finance Cost

                                                       2023                      2022
    Kredit Investasi                                    755.168.080                385.003.065                          Investment Loans
    Obligasi                                            356.744.000                361.122.500                                      Bonds
    PEN                                                 157.621.528                 88.715.278                                       PEN
    Penyesuaian Nilai Kini PEN                          109.099.460                 17.662.552              PEN Present Value Adjustment
    Kredit Modal Kerja                                   81.285.053                103.741.014                     Working Capital Loans
    Sukuk                                                38.943.850                 16.226.604                                      Sukuk
    Liabilitas Sewa (Catatan 19)                          8.576.995                  8.101.140                   Lease Liability (Note 19)
    Jumlah                                            1.507.438.966                980.572.153                                              Total




                                                                  137
Page 802
PT KERETA API INDONESIA (PERSERO)                                                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                               (In Thousand of Rupiah, Unless Otherwise Stated)

44. Laba per Saham Dasar                                                                 44. Basic Earning per Share

                                                                    2023                         2022
    Laba tahun berjalan yang dapat                                                                                                                     Profit attributed
     diatribusikan kepada pemilik                                                                                                       to the owner's of the parent
     entitas induk                                              1.873.921.301                   1.807.458.729                                                   entity
    Rata-rata tertimbang saham beredar                               22.219.702                    19.168.743                 Weighted average number of shares
    Laba per Saham Dasar                                                        84                              93                          Basic Earning per sharè


    Perusahaan tidak mempunyai efek berpotensi                                                 The Company did not have potential dilutive
    dilusi saham, sehingga laba per saham dasar                                                ordinary shares, thus basic earnings per share
    sama dengan laba per saham dilusian.                                                       are the same as the dilutive earnings per
                                                                                               share.


45. Segmen Operasi                                                                       45. Operating Segment

    Informasi menurut segmen usaha adalah                                                      Information by business segments as follows:
    sebagai berikut:
                                                                                      2023
                          Jasa Angkutan/       Jasa Non Angkutan/           Konstruksi/           Jumlah/            Eliminasi/         Konsolidasi/
                          Transportation       Non transportation          Construction            Total             Eliminated         Consolidated
    Pendapatan Usaha          25.984.133.746             1.780.153.295        7.342.248.533        35.106.535.574                  --     35.106.535.574                  Revenues
    Antar Segmen               1.030.285.369             2.812.106.480                    --        3.842.391.849     (3.842.391.849)                  --             Inter Segment
    Jumlah pendapatan         27.014.419.115             4.592.259.775        7.342.248.533        38.948.927.423     (3.842.391.849)     35.106.535.574           Total Revenues

    Beban Operasi           (21.625.791.586)            (2.277.692.907)      (7.342.248.533)      (31.245.733.026)                 --    (31.245.733.026)      Operating Expenses
    Antar Segmen             (2.301.672.591)            (1.540.719.258)                   --       (3.842.391.849)     3.842.391.849                   --           Inter Segment
    Jumlah Beban            (23.927.464.177)            (3.818.412.165)      (7.342.248.533)      (35.088.124.875)     3.842.391.849     (31.245.733.026)         Total Expenses
    Hasil Segmen               3.086.954.938               773.847.610                    --        3.860.802.548                  --      3.860.802.548            Segment Result
    Pendapatan (Beban)                                                                                                                                                      Revenues
     yang tidak dapat                                                                                                                                          (Expenses) are not
     Dialokasikan                                                                                                                                                          Allocated
    Pendapatan Keuangan                                                                                                                       301.722.909           Finance Incomes
    Beban Keuangan                                                                                                                        (1.507.438.966)                Finance Cost
    Bagian Rugi                                                                                                                                                            Net Loss of
     Bersih Ventura                                                                                                                        (507.073.954)                Joint Venture
    Selisih Kurs                                                                                                                            (57.275.927)         Foreign Exchanges
    Lain-lain - Neto                                                                                                                         156.750.557                   Other - Net
    Manfaat (Beban)                                                                                                                                                        Tax Benefit
     Pajak - Neto                                                                                                                          (375.939.030)           (Expenses) - Net
    Laba setelah                                                                                                                                                         Income after
     Pajak Penghasilan                                                                                                                     1.871.548.137              Income Taxes
    Kepentingan                                                                                                                                                       Non-Controlling
     Non-pengendali                                                                                                                            2.373.164                      Interest
    Laba Diatribusikan                                                                                                                                      Income Attributable to
     Pemilik Induk                                                                                                                         1.873.921.301               Parent Entity
    Laba Komprehesif                                                                                                                                                  Comprehensive
     Diatribusikan                                                                                                                                              Income Attributable
     Pemilik Induk                                                                                                                         1.828.945.530             to Parent Entity
    Laporan Posisi                                                                                                                                                       Statement of
     Keuangan                                                                                                                                                   Financial Position
    Aset Segmen              49.202.600.655                825.751.525       34.101.417.118        84.129.769.298     (2.755.455.925)     81.374.313.373          Segmented Assets
    Liabilitas Segmen        29.800.674.714                285.906.504       22.017.002.379        52.103.583.597     (1.635.407.465)     50.468.176.132      Segmented Liabilities




                                                                               138
Page 803
PT KERETA API INDONESIA (PERSERO)                                                                            PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                                  AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                                       NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                                       FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                                   For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                                   December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                        (In Thousand of Rupiah, Unless Otherwise Stated)

45. Segmen Operasi (Lanjutan)                                                                     45. Operating Segment (Continued)
                                                                                               2022
                           Jasa Angkutan/           Jasa Non Angkutan/               Konstruksi/              Jumlah/                  Eliminasi/         Konsolidasi/
                           Transportation           Non transportation              Construction               Total                   Eliminated         Consolidated
    Pendapatan Usaha           21.391.383.626                  1.575.688.038           2.610.567.346           25.577.639.010                        --     25.577.639.010                 Revenues
    Antar Segmen                  881.656.106                  2.006.026.431                       --           2.887.682.537           (2.887.682.537)                  --            Inter Segment
    Jumlah pendapatan          22.273.039.732                  3.581.714.469           2.610.567.346           28.465.321.547           (2.887.682.537)     25.577.639.010           Total Revenues

    Beban Operasi            (17.523.648.358)                 (2.071.177.387)         (2.610.567.346)         (22.205.393.091)                       --    (22.205.393.091)      Operating Expenses
    Antar Segmen              (1.832.875.857)                 (1.054.806.680)                      --          (2.887.682.537)           2.887.682.537                   --           Inter Segment
    Jumlah Beban             (19.356.524.215)                 (3.125.984.067)         (2.610.567.346)         (25.093.075.628)           2.887.682.537     (22.205.393.091)         Total Expenses
    Hasil Segmen                2.916.515.517                    455.730.402                       --           3.372.245.919                        --        3.372.245.919        Segment Result
    Pendapatan (Beban)                                                                                                                                                                      Revenues
     yang tidak dapat                                                                                                                                                           (Expenses) are not
     Dialokasikan                                                                                                                                                                          Allocated
    Pendapatan Keuangan                                                                                                                                          139.514.944        Finance Incomes
    Beban Keuangan                                                                                                                                             (980.572.153)             Finance Cost
    Bagian Rugi                                                                                                                                                                            Net Loss of
     Bersih Ventura                                                                                                                                            (267.504.227)            Joint Venture
    Selisih Kurs                                                                                                                                                  42.673.710      Foreign Exchanges
    Lain-lain - Neto                                                                                                                                            (95.769.893)               Other - Net
    Manfaat (Beban)                                                                                                                                                                        Tax Benefit
     Pajak - Neto                                                                                                                                              (524.599.080)       (Expenses) - Net
    Rugi setelah                                                                                                                                                                            Loss after
     Pajak Penghasilan                                                                                                                                         1.685.989.220          Income Taxes
    Kepentingan                                                                                                                                                                       Non-Controlling
     Non-pengendali                                                                                                                                              96.051.257                   Interest
    Rugi Diatribusikan                                                                                                                                                          Loss Attributable to
     Pemilik Induk                                                                                                                                             1.782.040.477           Parent Entity
    Rugi Komprehesif                                                                                                                                                                  Comprehensive
     Diatribusikan                                                                                                                                                                 Loss Attributable
     Pemilik Induk                                                                                                                                             2.362.914.534         to Parent Entity
    Laporan Posisi                                                                                                                                                                       Statement of
     Keuangan                                                                                                                                                                    Financial Position
    Aset Segmen               46.416.809.741                     905.134.224          26.875.623.658           74.197.567.623           (2.616.337.900)     71.581.229.723        Segmented Assets
    Liabilitas Segmen         29.258.185.381                     418.522.863          14.342.928.979           44.019.637.223           (1.518.591.805)     42.501.045.418      Segmented Liabilities




46. Aset dan Liabilitas dalam Mata Uang Asing                                                   46. Assets and Liabilities in Foreign Currencies

    Aset dan liabilitas dalam mata uang asing pada                                                      Assets and liabilities in foreign currencies as of
    tanggal 31 Desember 2023 dan 2022 adalah                                                            December 31, 2023 and 2022 are as follows:
    sebagai berikut:
                                                      2023                                                                           2022
                                Mata Uang Asing                                                          Mata Uang Asing
                                  (Nilai Penuh)/                                                           (Nilai Penuh)/
                                Foreign Currency                                                         Foreign Currency
                                  (Full Amount)                             Rp                             (Full Amount)                                  Rp
    Aset                                                                                                                                                                                  Assets
                                                                                                                                                                                   Cash and Cash
    Kas dan Setara Kas       USD                126.102.542                     1.943.996.787           USD                      90.024.486               1.416.175.187              Equivalents
                             EUR                    488.464                         8.372.273           EUR                       1.031.762                  17.243.459
                             JPY                  6.321.907                           692.546           JPY                       6.325.102                     743.621
    Dana Dibatasi
     Penggunaannya           USD                 58.388.861                      900.122.688            USD                              10                         157           Restricted Funds
    Piutang Usaha            USD                  8.568.014                      132.084.504            USD                      10.036.624                 157.886.132         Trade Receviables
    Jumlah Aset                                                                 2.985.268.798                                                              1.592.048.556               Total Asset

    Liabilitas                                                                                                                                                                          Liabilities
    Utang Usaha              EUR                    307.680                        5.273.635            EUR                         630.000                     10.528.957         Trade Payables
                             JPY                132.510.650                       14.516.151            JPY                      738.573.364                    86.831.596
                             USD                    728.518                       11.230.840            USD                                --                            --
    Utang Jangka Panjang                                                                                                                                                       Current Maturities of
     Jatuh Tempo 1 Tahun     USD                  5.934.439                       91.485.309            USD                      11.092.409                    174.494.692       Long-term Loans
    Utang Jangka Panjang                                                                                                                                                          Long-term Loans
     Setelah Dikurangi                                                                                                                                                                     Net of
     Jatuh Tempo 1 Tahun     USD                   610.083                         9.405.033            USD                       6.544.521                    102.951.866              Maturities
    Jumlah Liabilitas                                                            131.910.968                                                                   374.807.111         Total Liabilities
    Jumlah Bersih                                                               2.853.357.830                                                              1.217.241.445                  Total Net




                                                                                         139
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PT KERETA API INDONESIA (PERSERO)                                     PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                           AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                            For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                            December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                 (In Thousand of Rupiah, Unless Otherwise Stated)

47. Kebijakan Manajemen Risiko                                47. Risk Management Policies

    Kebijakan       manajemen    risiko    keuangan              The financial risk management policies of the
    Perusahaan dan entitas anak adalah untuk                     Company and its subsidiaries are made to
    memastikan bahwa sumber daya keuangan                        ensure that adequate financial resources are
    yang memadai tersedia untuk operasi dan                      available for operation and development of
    pengembangan bisnis, serta untuk mengelola                   their business, and managing their exposure to
    risiko pasar (termasuk risiko mata uang asing                market risks (including foreign currency risk
    dan risiko tingkat suku bunga), risiko kredit dan            and interest rate risk), credit risk and liquidity
    risiko likuiditas. Perusahaan dan entitas anak               risk. The Company and its subsidiaries operate
    beroperasi dengan kebijakan yang telah                       within defined policies which approved by the
    ditentukan oleh Dewan Direksi.                               Board of Directors.

    Dalam pengelolaan risiko, Grup membentuk                     In managing those risks, the Group established
    Divisi Manajemen Risiko yang bertanggung                     a Risk Management Division which is
    jawab terhadap penyusunan kebijakan,                         responsible for the preparation of the policies,
    kerangka    kerja,     pedoman   penerapan                   the relevant frameworks, implementation
    manajemen      risiko     dan   infrastruktur                guideline and the necessary risk management
    pengelolaan    risiko,   serta  memastikan                   infrastructure to ensure the implementation of
    implementasi manajemen risiko tersebut di                    risk management in the Group’s environment.
    lingkungan Grup. Divisi Manajemen Risiko                     The Risk Management Division is responsible
    bertanggung jawab kepada Direktur Keuangan                   to the Director of Finance and Risk
    dan Manajemen Risiko.                                        Management.

    a.   Risiko Pasar                                            a. Market Risk
         1. Risiko mata uang asing                                  1. Foreign currency risk
             Risiko mata uang adalah risiko di                         Foreign currency risk is the risk where
             mana nilai wajar atau arus kas masa                       the fair value or future cash flows of a
             datang dari suatu instrumen keuangan                      financial instrument will fluctuate
             akan berfluktuasi akibat perubahan                        because of changes in foreign
             nilai tukar mata uang asing. Eksposur                     exchange rates. The Group’s exposure
             Grup terhadap fluktuasi nilai tukar                       to exchange rate fluctuations results
             terutama berasal dari pinjaman jangka                     primarily from Short-term loans, Long-
             pendek, pinjaman jangka panjang                           term loans, trade receivable from sales
             piutang usaha dari penjualan dalam                        in foreign currencies and trade
             mata uang asing dan utang usaha dari                      payables from puchases in foreign
             pembelian dalam mata uang asing.                          currencies.

            Grup menanggung risiko nilai tukar                           The Group incurs foreign currency risk
            mata uang asing atas transaksi dan                           on the transactions dan balances that
            saldo yang didenominasi dalam mata                           are denominated in currencies other
            uang selain Rupiah. Mata uang yang                           than Indonesian Rupiah. The currency
            menimbulkan    risiko   ini   adalah                         giving rise to this risk is US Dollar.
            terutama Dolar AS. Risiko nilai tukar                        Foreign currency risks are managed as
            mata uang asing dikelola sebaik                              far as possible by natural hedges of
            mungkin dengan lindung nilai alami                           matching assets and liabilities in
            yaitu menyeimbangkan nilai kekayaan                          foreign currency.
            dan kewajiban masing-masing mata
            uang.




                                                        140
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

47. Kebijakan Manajemen Risiko (Lanjutan)                    47. Risk Management Policies (Continued)

            Untuk mengantisipasi dan mengurangi                        In order to anticipate and mitigate the
            risiko fluktuasi kurs terhadap Dolar AS,                   risk of exchange rate fluctuation
            Grup         mengusahakan,         untuk                   against the US Dollar, the Group
            memastikan bahwa sebagian besar                            seeks, to ensure that significant portion
            pembelian dan penjualan dilakukan                          of purchases and sales are carried out
            dalam mata uang yang sama serta                            in the same currency as well as
            dilakukan pada saat yang hampir                            matching the timing of transactions
            bersamaan dan mengimplementasikan                          and to implement a policy whereby
            kebijakan dimana hutang dalam mata                         debts in foreign currency used to
            uang asing yang digunakan untuk                            finance business activities are made in
            membiayai kegiatan usaha dilakukan                         the same currency (natural hedging).
            dalam mata uang yang sama (lindung                         The management also ensures those
            nilai     alami).    Manajemen      juga                   policies are implemented to the
            memantau untuk memastikan bahwa                            maximum condition.
            kebijakan tersebut diimplementasikan
            semaksimal mungkin.

            Grup memantau secara ketat fluktuasi                       The Group closely monitors the foreign
            dari nilai tukar mata uang asing,                          exchange rate fluctuation, so it can
            sehingga dapat mengambil langkah-                          take useful actions to the Company in
            langkah yang paling menguntungkan                          proper time.
            Perusahaan pada waktu yang tepat.

            Analisis Sensitivitas untuk Risiko Mata                    Sensitivity   Analysis    for   Foreign
            Uang Asing                                                 Currency Risk
            Pada tanggal 31 Desember 2023 dan                          As of and December 31, 2023 and
            2022,    jika    mata     uang     asing                   2022, if the foreign currency has
            melemah/menguat         sebesar      5%                    weakened/strengthened by 5% against
            terhadap Rupiah dengan asumsi                              Rupiah with all other variables are
            semua variabel konstan, laba sebelum                       constant, the profit before tax for the
            pajak dalam tahun berjalan akan                            current year will lower/higher by
            menjadi lebih rendah/tinggi sebesar                        Rp155,859,003 (December 31, 2022;
            Rp155.859.003 (31 Desember 2022:                           Rp98,342,783), mainly as a result of
            Rp98.342.783) terutama disebabkan                          foreign exchange gain/losses on
            oleh penjabaran keuntungan/ kerugian                       translation   of   cash     and   cash
            translasi kas setara kas, piutang                          equivalent, trade receivables, other
            usaha, piutang lain-lain, utang usaha                      receivables, trade payables and bank
            dan utang bank.                                            loans.

        2. Risiko Suku Bunga                                       2. Interest Rate Risk
           Risiko suku bunga adalah risiko di                         Interest rate risk is the risk that the fair
           mana nilai wajar atau arus kas masa                        value or future cash flows of a financial
           depan dari suatu instrumen keuangan                        instrument will fluctuate because of
           akan berfluktuasi karena perubahan                         changes in the market interest rates.
           suku     bunga    pasar.    Eksposur                       The Company’s exposure to the risk of
           Perusahaan terhadap risiko perubahan                       changes in market interest rates
           suku bunga pasar terutama terkait                          relates primarily to its Short-term
           dengan pinjaman jangka pendek,                             loans, Long-term loans and bonds
           pinjaman jangka panjang dan utang                          payable. Interest rate fluctuations
           obligasinya. Fluktuasi suku bunga                          influence the cost of new loans and the
           memengaruhi biaya atas pinjaman                            interest on the outstanding floating rate
           baru dan bunga atas saldo pinjaman                         loans of the Company.
           Perusahaan yang dikenakan suku
           bunga mengambang.


                                                       141
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

47. Kebijakan Manajemen Risiko (Lanjutan)                   47. Risk Management Policies (Continued)

            Kebijakan Grup terkait dengan risiko                       The Group’s policies related to interest
            suku bunga adalah sebagai berikut:                         rate risk are as follows:
            1) Mengelola biaya bunga melalui                           1) Managing interest cost through a
                kombinasi utang dengan suku                                mix of fixed and variable rate
                bunga tetap dan variabel. Grup                             debts. The Group evaluates the
                mengevaluasi rasio suku bunga                              fixed to floating rate ratio of its
                tetap terhadap suku bunga                                  loans and bonds payable in line
                mengambang dari utang pinjaman                             with movements of relevant
                dan    utang    obligasi  sejalan                          interest rates in the financial
                dengan       perubahan      suku                           markets. Based on management’s
                bunga yang relevan di pasar                                assessment, new financing will be
                keuangan. Berdasarkan penilaian                            priced either on a fixed or floating
                manajemen, pembiayaan baru                                 rate basis.
                akan ditentukan berdasarkan suku
                bunga tetap atau mengambang.

            2) Mengelola eksposur atas tingkat                         2) Managing      the   interest    rate
               suku bunga yang berasal dari                               exposure from loans and bonds
               utang pinjaman dan utang obligasi                          payable by signing the interest rate
               dengan menandatangani kontrak                              swap contracts. The contract is
               swap, tingkat suku bunga tersebut                          aimed to hedge the floating interest
               ditujukan untuk lindung nilai atas                         in US Dollar currency.
               suku bunga mengambang dalam
               pinjaman mata uang Dolar AS.

        Pada tanggal 31 Desember 2023 dan 2022                     As of December 31, 2023 and 2022, more
        masing-masing lebih dari 16,17% dan                        than 16.17% and 16.78% respectively, of
        16,78% dari utang berbunga/ pinjaman                       the Group’s interest debts/ interest loans
        berbunga Grup adalah utang dengan suku                     are loans with fixed rate.
        bunga tetap.

        Grup menunjukan sensitivitas terhadap                      The Group demonstrates the sensitivity to
        perubahan yang mungkin terjadi pada                        a reasonably possible change in interest
        suku bunga, di mana semua variabel                         rates, with all other variables are constant,
        lainnya dianggap tetap, terhadap laba                      of the Group’s profit for the years ended
        Grup untuk tahun-tahun yang berakhir                       December 31, 2023 and 2022 (through the
        31 Desember 2023 dan 2022 (melalui                         impact on the floating rate borrowings
        dampak atas suku bunga suku bunga                          which is based on JIBOR for Rupiah
        JIBOR untuk pinjaman dalam Rupiah).                        borrowings).

        Analisis sensitivitas di bawah ini telah                   The sensitivity analysis below has been
        ditentukan berdasarkan eksposur suku                       determined based on the exposure to
        bunga untuk non derivatif pada akhir tahun                 interest     rates    for    non-derivative
        pelaporan. Untuk liabilitas tingkat bunga                  instruments at the end of the reporting
        mengambang, analisis tersebut disusun                      year. For floating rate liabilities, the
        dengan asumsi jumlah liabilitas terutang                   analysis is prepared by assuming the
        pada akhir tahun pelaporan itu terutang                    amount of the liability outstanding for the
        sepanjang     tahun.     Kenaikan      atau                whole year. A 0.5% increase or decrease
        penurunan sebesar 0,5% digunakan ketika                    is used when report the interest rate risk
        melaporkan risiko suku bunga secara                        internally to key management personnel
        internal kepada manajemen kunci dan                        and represents management’s assessment
        merupakan penilaian manajemen terhadap                     of the reasonable possible changes in
        perubahan yang mungkin terjadi pada                        interest rates.
        suku bunga.


                                                      142
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

47. Kebijakan Manajemen Risiko (Lanjutan)                   47. Risk Management Policies (Continued)

        Pada tanggal 31 Desember 2023 dan 2022                     As of December 31, 2023 and 2022, if
        jika tingkat suku bunga atas utang bank                    interest rates on bank loans is 0.5%
        0,5% lebih tinggi/lebih rendah dengan                      higher/lower with all other variables are
        asumsi semua variabel konstan, maka:                       constant,
                                                                   then:
        •    Pada 31 Desember 2023, laba                           • As of December 31, 2023 profit after tax
             setelah pajak pada tahun berjalan                         for the current year would be
             akan menjadi lebih rendah/tinggi                          Rp41,382,380 lower/higher.
             sebesar Rp41.382.380.
        •    Pada 31 Desember 2022, laba                           • As of December 31, 2022 profit after tax
             setelah pajak pada tahun berjalan                       for the current year would be
             akan menjadi lebih rendah/tinggi                        Rp44,895,553 lower/higher.
             sebesar Rp44.895.553.

    b. Risiko Kredit                                           b. Credit Risk
       Risiko kredit adalah risiko bahwa Grup                     Credit risk is the risk that the Group will
       akan     mengalami      kerugian  yang                     suffer loss that come from other parties that
       ditimbulkan oleh rekanan yang gagal                        failed to fulfill the contractual responsibility
       memenuhi kewajiban kontraktual.

        Pada tanggal 31 Desember 2023, jumlah                      As of December 31, 2023 the total of
        maksimum eksposur terhadap risiko kredit                   maximum exposure from credit risk was
        adalah Rp10.457.053.729 (31 Desember                       Rp10,457,053,729 (December 31, 2022:
        2022: Rp13.766.240.270). Risiko kredit                     Rp13,766,240,270). Credit risk arises from
        terutama berasal dari kas dan setara kas                   cash and cash equivalents and restricted
        dan dana yang dibatasi penggunaannya,                      cash, trade receivables, accrue revenue,
        piutang usaha, pendapatan yang masih                       other    receivables    and      long-term
        harus diterima, piutang lain-lain dan                      investment.
        investasi jangka panjang.

        Semua kas di bank dan deposito                             All the cash in banks and time deposits are
        berjangka ditempatkan di bank yang                         placed in bank with good credit rating.
        memiliki kualitas kredit yang baik.

        Pada tanggal 31 Desember 2023 piutang                      On December 31, 2023 Group’s accounts
        usaha Grup tidak terkonsentrasi pada                       receivable is not concentrated on certain
        pelanggan tertentu.                                        customer.

        Manajemen yakin akan kemampuannya                          Management is confident in its ability to
        untuk     terus     mengendalikan       dan                continue to control and maintain the
        mempertahankan eksposur yang minimal                       minimal     exposure      of    credit   risk,
        terhadap risiko kredit mengingat Grup                      considering the Group has clear policies
        memiliki kebijakan yang jelas dalam                        on the selection of customers, legally
        pemilihan pelanggan, perjanjian yang                       binding agreements in place for sales
        mengikat secara hukum untuk transaksi                      transactions and other services rendered
        serta jasa lainnya yang telah dilakukan dan                and historically low levels of bad debts.
        secara historis mempunyai tingkat yang
        rendah untuk piutang yang bermasalah.




                                                      143
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PT KERETA API INDONESIA (PERSERO)                                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                               (In Thousand of Rupiah, Unless Otherwise Stated)

47. Kebijakan Manajemen Risiko (Lanjutan)                                  47. Risk Management Policies (Continued)

    c. Risiko Likuiditas                                                         c. Liquidity Risk
       Risiko likuiditas (juga dikenal risiko                                       Liquidity risk (also known as funding risk)
       pendanaan)      adalah     risiko  dimana                                    is a risk where the Company would be
       Perusahaan akan mengalami kesulitan                                          having a difficulty in obtaining funds to
       dalam memperoleh dana untuk memenuhi                                         fulfill its commitments associated with
       komitmennya terkait dengan instrumen                                         financial instruments. Liquidity risk may
       keuangan. Risiko likuiditas mungkin timbul                                   rise from the incapability of the Group to
       akibat ketidakmampuan Grup untuk                                             sell assets immediately at prices close to
       menjual aset keuangan secara cepat                                           its fair value.
       dengan harga yang mendekati nilai
       wajarnya.

        Risiko likuiditas muncul dalam situasi Grup                                       Liquidity risk arises in situations where
        kesulitan       memperoleh     pendanaan.                                         Group struggles to obtain their financing.
        Kebijakan manajemen risiko likuiditas yang                                        Risk management policy on liquidity was
        berhati-hati dilakukan dengan menjaga                                             conducted carefully to maintain sufficient
        kecukupan       kas   dan    setara    kas.                                       cash and cash equivalents. The Company
        Perusahaan mengelola risiko likuiditas                                            manages liquidity risk by monitoring cash
        dengan memonitor perkiraan arus kas dan                                           flow forecasts and actual cash flows and
        arus kas aktual serta menyesuaikan profil                                         adjusts the maturity profile of financial
        jatuh tempo dari aset dan liabilitas                                              assets and liabilities.
        keuangan.

        Tabel berikut ini memberikan rincian                                              The following table details the Company
        tanggal jatuh tempo kontraktual untuk                                             and its subsidiaries remaining contractual
        liabilitas keuangan dengan pembayaran                                             maturity for its financial liabilities with
        yang telah disepakati sebagai berikut:                                            agreed repayment as follow:
                                                                           2023
                                                     Lebih dari         Lebih dari
                                Kurang dari       1 tahun sampai     3 tahun sampai
                                  1 tahun/        dengan 3 tahun/    dengan 5 tahun/        Lebih dari
                                 Less than          Over 1 year        Over 3 year           5 tahun/           Jumlah/
                                   1 year          up to 3 years      up to 5 years        Over 5 years          Total
         Liabilitas Keuangan                                                                                                    Financial Liabilies
         Utang Usaha             7.371.276.638                  --                   --                   --    7.371.276.638      Trade Payables
         Beban Akrual            2.203.317.939                  --                   --                   --    2.203.317.939   Accrued Expenses
         Pinjaman Jangka                                                                                                                Short-term
          Pendek                 1.388.523.138                  --                   --                  --     1.388.523.138               Loans
         Obligasi                1.898.852.925      1.098.388.157          632.437.488         863.643.974      4.493.322.544                Bonds
         Sukuk                               --                 --         117.042.620         381.543.574        498.586.194                Sukuk
         Pinjaman Program PEN      437.500.000        875.000.000          875.000.000         875.000.000      3.062.500.000   PEN Program Loan
         Pinjaman Jangka                                                                                                                Long-term
          Panjang                1.294.613.508      3.368.446.810      2.812.805.015        13.960.775.637     21.436.640.970               Loans
         Liabilitas Sewa            36.504.861         74.166.028                  --                    --       110.670.889      Lease Liabilities
         Jumlah                 14.630.589.009      5.416.000.995      4.437.285.123        16.080.963.185     40.564.838.312                 Total


                                                                           2022
                                                     Lebih dari         Lebih dari
                                Kurang dari       1 tahun sampai     3 tahun sampai
                                  1 tahun/        dengan 3 tahun/    dengan 5 tahun/        Lebih dari
                                 Less than          Over 1 year        Over 3 year           5 tahun/           Jumlah/
                                   1 year          up to 3 years      up to 5 years        Over 5 years          Total
         Liabilitas Keuangan                                                                                                    Financial Liabilies
         Utang Usaha             2.458.886.168                  --                   --                   --    2.458.886.168      Trade Payables
         Beban Akrual            1.572.961.926                  --                   --                   --    1.572.961.926   Accrued Expenses
         Pinjaman Jangka                                                                                                                Short-term
          Pendek                 1.760.000.000                  --                 --                    --     1.760.000.000               Loans
         Obligasi                            --     1.897.669.952      1.729.862.225           863.228.204      4.490.760.381                Bonds
         Sukuk                               --                 --       116.958.789           381.348.322        498.307.111                Sukuk
         Pinjaman Program PEN      437.500.000        875.000.000        875.000.000         1.312.500.000      3.500.000.000   PEN Program Loan
         Pinjaman Jangka                                                                                                                Long-term
          Panjang                1.196.958.601      2.555.130.071          940.665.213      14.786.836.533     19.479.590.418               Loans
         Liabilitas Sewa            16.563.637         44.599.263                    --                  --        61.162.900      Lease Liabilities
         Jumlah                  7.442.870.332      5.372.399.286      3.662.486.227        17.343.913.059     33.821.668.904                 Total


                                                                     144
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PT KERETA API INDONESIA (PERSERO)                                               PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                     AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                          NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                          FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                      For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                      December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                           (In Thousand of Rupiah, Unless Otherwise Stated)

47. Kebijakan Manajemen Risiko (Lanjutan)                             47. Risk Management Policies (Continued)

    d. Pengelolaan Modal                                                   d. Capital Management
       Dalam mengelola permodalannya, Grup                                    In managing its equity, the Group always
       senantiasa             mempertahankan                                  maintains its going concern as well as
       kelangsungan         usaha           serta                             maximizes the benefits for shareholders
       memaksimalkan manfaat bagi pemegang                                    and other stakeholders, and to provide
       saham dan pemangku kepentingan                                         adequate returns to shareholders by
       lainnya, dan untuk memberikan imbal hasil                              considering the price of products and
       yang memadai kepada pemegang saham                                     services that are commensurate with the
       dengan menentukan harga produk dan                                     level of risk.
       jasa yang sepadan dengan tingkat risiko.

        Grup menetapkan sejumlah rasio modal                                   The Group set a number of capital ratios
        sesuai     proporsi      terhadap    risiko.                           proportion to the risk. The Company
        Perusahaan mengelola struktur modal dan                                manages its capital structure and makes
        membuat         penyesuaian        dengan                              adjustments by considering changes in
        memperhatikan         perubahan     kondisi                            economic conditions and risk characteristic
        ekonomi dan karakteristik risiko aset yang                             of the underlying assets. Consistently with
        mendasari. Konsisten dengan perusahaan                                 the other companies in the industries, the
        lain dalam industri, perusahaan memonitor                              company monitors the ratio of adjusted
        modal dengan dasar rasio pinjaman                                      debt to equity.
        terhadap modal yang disesuaikan.

                                                         2023                   2022
         Pinjaman                                                                                                                 Debt
          Pinjaman Jangka Pendek                         1.388.523.138          1.760.000.000                     Short-term Loans
          Liabilitas Jangka Panjang yang                                                                        Current Maturities of
           yang Jatuh Tempo dalam Satu Tahun                                                                   Long-term Liabilities
            Pinjaman Jangka Panjang                      1.294.613.508          1.196.958.601                     Long-term Loans
            Pinjaman Program PEN                           437.500.000            437.500.000                   PEN Program Loan
            Obligasi                                     1.898.852.925                      --                                Bonds
            Liabilitas Sewa                                 36.504.861             16.563.637                      Lease Liabilities
          Liabilitas Jangka Panjang setelah Dikurangi                                                   Long-term Liabilities - Net of
           Bagian Jatuh Tempo dalam Satu Tahun                                                                   Current Maturities
            Pinjaman Jangka Panjang                     20.142.027.462         18.282.631.817                      Long-term Loans
            Pinjaman Program PEN                         2.625.000.000          3.062.500.000                  PEN Program Loans
            Obligasi                                     2.594.469.619          4.490.760.381                                  Bonds
            Sukuk                                          498.586.194            498.307.111                                   Sukuk
            Liabilitas Sewa                                 74.166.028             44.599.263                      Lease Liabilities
         Jumlah Pinjaman                                30.990.243.735         29.789.820.810                               Total Debt
         Jumlah Ekuitas                                 30.906.137.241         29.080.184.305                             Total Equity
         Rasio Pinjaman                                                                                                  Total Debt
          terhadap Ekuitas                                    100,27%                  102,44%                       to Equity Ratio


        Grup secara aktif dan rutin menelaah dan                               The Group actively and regularly examines
        mengelola      permodalannya         untuk                             and manages its capital structure to
        memastikan     struktur     modal     dan                              ensure optimum capital returns to
        pengembalian      yang     optimal    bagi                             shareholders, by consider the efficient
        pemegang           saham,          dengan                              usage of capital by operating cash flow
        mempertimbangkan efisiensi penggunaan                                  and     capital      expenditures,       and
        modal berdasarkan arus kas operasi dan                                 consideration of capital needs in the future.
        belanja modal, serta mempertimbangkan
        kebutuhan modal di masa yang akan
        datang.




                                                                145
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PT KERETA API INDONESIA (PERSERO)                                                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                                (In Thousand of Rupiah, Unless Otherwise Stated)

48. Nilai Wajar Instrumen Keuangan                                                            48. Fair Value of Financial Instrument

    Nilai wajar aset dan liabilitas keuangan,                                                    The fair values of financial assets and
    beserta nilai tercatatnya, adalah sebagai                                                    liabilities, together with the carrying amounts,
    berikut:                                                                                     are as follows:
                                                                        2023                                          2022
                                                      Nilai tercatat/          Nilai wajar/         Nilai tercatat/          Nilai wajar/
                                                     Carrying value            Fair value          Carrying value            Fair value
    Aset keuangan:                                                                                                                                        Financial assets:
     Kas dan Setara Kas                                  5.138.571.482           5.138.571.482         5.695.720.193           5.695.720.193    Cash and Cash Equivalents
     Dana Dibatasi Penggunaannya                         2.587.812.673           2.587.812.673         5.610.385.976           5.610.385.976               Restricted Fund
     Piutang Usaha                                       1.869.594.775           1.869.594.775         1.406.338.067           1.406.338.067            Trade Receivables
     Piutang Lain-lain                                      61.586.990              61.586.990            90.003.063              90.003.063            Other Receivables
     Pendapatan Masih akan Diterima                        763.740.040             763.740.040           939.616.971             939.616.971              Accrued Income
     Investasi Jangka Panjang                               35.747.769              35.747.769            24.176.000              24.176.000        Long Term Investment
     Jumlah                                             10.457.053.729          10.457.053.729        13.766.240.270          13.766.240.270                          Total

    Liabilitas keuangan:                                                                                                                               Financial liabilities:
      Utang Usaha                                         7.371.276.638          7.371.276.638          2.458.886.168          2.458.886.168               Trade Payables
      Beban Akrual                                        2.203.317.939          2.203.317.939          1.572.961.926          1.572.961.926           Accrued Expenses
      Pinjaman Jangka Pendek                              1.388.523.138          1.388.523.138          1.760.000.000          1.760.000.000        Short-term Borrowings
      Pinjaman
      Liabilitas Jangka
                 jangka pendek
                         Panjang yang                                                                                                                 Current Maturities of
         Jatuh Tempo dalam Satu Tahun:                                                                                                                Long-term Liabilities
           Pinjaman Jangka Panjang                        1.294.613.508          1.290.943.357          1.196.958.601          1.196.958.601           Long-term Loans
           Pinjaman Program PEN                             437.500.000            437.500.000            437.500.000            437.500.000         PEN Program Loan
          jatuh
           Obligasi
                tempo satu tahun                          1.898.852.925          1.898.852.925                      --                     --                      Bonds
           Liabilitas Sewa                                   36.504.861             36.504.861             16.563.637             16.563.637            Lease Liabilities
      Pinjaman Jangka Panjang Setelah Dikurangi                                                                                                          Long-term Loans
        Bagian
          setelahJatuh
                   dikurangi
                       Tempo bagian
                                dalamjatuh
                                       Satu Tahun:                                                                                                          Net-off Current
          tempo
           Pinjaman
                  dalam
                      Jangka
                         satu tahun
                              Panjang                   20.142.027.462          20.141.120.495        18.282.631.817          18.271.820.560                     Maturity
           Pinjaman Program PEN                          2.625.000.000           2.737.698.696         3.062.500.000           2.653.951.168         PEN Program Loan
           Obligasi                                      2.594.469.619           2.710.565.827         4.490.760.381           4.633.482.471                       Bonds
           Sukuk                                           498.586.194             499.927.345           498.307.111             516.209.186                       Sukuk
           Liabilitas Sewa                                  74.166.028              74.166.028            44.599.263              44.599.263            Lease Liabilities
    Jumlah                                              40.564.838.312          40.790.397.249        33.821.668.904          33.562.932.980                            Total



    Pada tanggal 31 Desember 2023 dan 2022,                                                      As of Desember 31, 2023 and 2022 the
    nilai tercatat aset dan liabilitas keuangan                                                  carrying amounts of financial assets and
    mendekati nilai wajarnya sebagai berikut:                                                    liabilities approximate their fair value as
                                                                                                 follows:
    1. Kas dan setara kas, investasi jangka                                                      1. Cash and cash equivalents, Short-term
       pendek, kas yang dibatasi penggunaannya,                                                      investments,    restricted  cash,    trade
       piutang usaha dan piutang lain-lain. Aset                                                     receivables and other receivables. That
       keuangan        tersebut   merupakan     aset                                                 financial   assets      are  due    within
       keuangan jangka pendek yang akan jatuh                                                        12 months, thus the carrying values of the
       tempo dalam waktu 12 bulan, sehingga nilai                                                    financial assets approximate their fair
       tercatat aset keuangan tersebut kurang                                                        values.
       lebih telah mencerminkan nilai wajarnya.
    2. Utang usaha, utang lain-lain, beban akrual                                                2. Trade payables, other liabilities, accrued
       dan pinjaman jangka pendek. Liabilitas                                                       expenses and Short-term loan. Those
       keuangan tersebut merupakan liabilitas                                                       financial liabilities are due within 12 months,
       jangka pendek yang akan jatuh tempo                                                          thus the carrying values of the financial
       dalam waktu 12 bulan sehingga nilai                                                          liabilities approximately represent their fair
       tercatat liabilitas keuangan tersebut kurang                                                 values.
       lebih telah mencerminkan nilai wajarnya.
    3. Pinjaman bank jangka panjang, termasuk                                                    3. Long-term bank loans, including their
       bagian jatuh tempo dalam waktu satu                                                          current maturities. Those financial liabilities
       tahun.     Liabilitas    keuangan    tersebut                                                are liabilities with floating and fixed interest
       merupakan pinjaman yang memiliki suku                                                        rates which are adjusted with the
       bunga variabel dan tetap yang disesuaikan                                                    movements of market interest rates, so that
       dengan pergerakan suku bunga pasar                                                           the carrying values of the financial liabilities
       sehingga nilai tercatat liabilitas keuangan                                                  approximate their fair values.
       tersebut telah mendekati nilai wajar.




                                                                                    146
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

48. Nilai Wajar Instrumen Keuangan (Lanjutan)           48. Fair   Value       of    Financial     Instrument
                                                           (Continued)

    4. Nilai wajar obligasi sebesar nilai kini dari           4. The fair values of the bond payable are
       arus kas di masa datang, yang                             estimated at the present value of future
       didiskontokan dengan tingkat suku bunga                   cash flows, discounted at market interest
       pasar.                                                    rate.
    5. Nilai wajar investasi jangka panjang diukur            5. The fair values of the long term investment
       pada nilai wajar menggunakan pengukuran                   are measured at fair value using level III
       level III.                                                measurements.


49. Perjanjian-perjanjian Penting                       49. Significant Agreements

   a. Perjanjian Penyerahan Jasa Angkutan                     a. Freight Service Delivery Agreements
      Barang
      Perusahaan menandatangani perjanjian                        The Company has entered into an
      penyerahan jasa angkutan barang dengan                      agreement for cargo delivery services with
      beberapa perusahaan lain dengan ikhtisar                    several other companies with a summary
      sebagai berikut:                                            as follows:

       1. PT Indonesia Asahan Alumunium                           1. PT Indonesia Asahan Alumunium
          (Persero) – PT Bukit Asam (Persero)                        (Persero) – PT Bukit Asam (Persero)
          Tbk                                                        Tbk
          a. Pengangkutan     batu      bara   rute                  a. Coal transportation for Tanjungenim
             Tanjungenim     Baru     -    Tarahan                      Baru             -              Tarahan
             dan     Tanjung    Enim      Baru    -                     and Tanjung Enim Baru - Kertapati
             Kertapati,       diatur         dalam                      routes,     as       set      in     the
             Perjanjian     No.      027/PJJ/EKS-                       Agreement       No.       027/PJJ/EKS-
             0100/HK.03/2017         dan        No.                     0100/HK.03/2017           and       No.
             KL.701/VI/19/KA-2017 tertanggal 9                          KL.701/VI/19/KA-2017 dated June 9,
             Juni 2017. hal penting yang diatur                         2017. Some important matters that
             adalah sebagai berikut:                                    were agreed are as follows:
             • Perjanjian       berlaku       mulai                     • The Agreement is started from
                1 Januari 2017 sampai dengan 31                           January 1, 2017 until December
                Desember 2021.                                            31, 2021.
             • Para pihak sepakat rencana                               • The      parties     agreed       that
                angkutan untuk masing-masing                              transportation plan for each
                relasi pada tahun 2022 adalah                             relation in 2022 is Tanjungenim
                Tanjungenim Baru (TMB) –                                  Baru (TMB) - Tarahan (THN)
                Tarahan (THN) sebesar 24.000                              amounting       to     24,000     and
                dan Tanjungenim Baru (TMB) –                              Tanjungenim Baru (TMB)               -
                Kertapati (KPT) sebesar 6.600.                            Kertapati (KPT) amounting to
                                                                          6,600.
             • Para pihak menyusun target                               • Both parties prepare transportation
               volume angkutan bulanan paling                             volume target at least 3 months
               lambat 3 bulan sebelum tahun                               before     next     calendar     year
               berjalan mengacu pada Rencana                              according      to      the     Annual
               Angkutan Tahunan.                                          Transportation Plan.




                                                      147
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PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)               49. Significant Agreements (Continued)

             • Berdasarkan       Berita    Acara                       • Based on the Minutes of
               Kesepakatan No. KL.707/II/ 9/KA-                          Agreement No. KL.707/II/ 9/KA-
               2023 tanggal 8 Februari 2023                              2023 dated Februari 8, 2023
               antara Perusahaan dan PT Bukit                            between the Company and PT
               Asam (Persero) Tbk (Para Pihak)                           Bukit Asam (Persero) Tbk (the
               menyatakan bahwa Para Pihak                               Parties) stated that the Parties
               sepakat pelaksanaan angkutan                              agreed that the implementation of
               batu bara untuk tahun 2023                                coal transportation would continue
               sampai 2027 dengan penyesuaian                            for period 2023 until 2027 with
               kenaikan tarif dan dynamic pricing.                       adjustment increase price and
                                                                         dynamic pricing.

          b. Pada tanggal 12 Oktober 2023,                          b. On October 12 2023, the Company
             Perusahaan dan PT Bukit Asam                              and PT Bukit Asam (Persero) Tbk –
             (Persero) Tbk – Entitas anak dari PT                      a subsidiary of PT Indonesia Asahan
             Indonesia    Asahan       Alumunium                       Alumunium        (Persero)      signed
             (Persero) menandatangani Perjanjian                       Agreement                          No.
             No.                  011/T/PJJ/0100/                      011/T/PJJ/0100/HK.03/X/2023 and
             HK.03/X/2023 dan No. KL.701/                              No.             KL.701/X/13/KA-2023
             X/13/KA-2023 tentang angkutan batu                        concerning coal transportation by
             bara dengan kereta api relasi                             train    on     the     relation    of
             Tanjungenimbaru – Tarahan dan                             Tanjungenimbaru – Tarahan and
             Tanjungenimbaru       –    Kertapati.                     Tanjungenimbaru – Kertapati. The
             Perjanjian berlaku mulai 1 Januari                        agreement is valid from January 1,
             2023         sampai          dengan                       2023 to December 31, 2027.
             31 Desember 2027.

        2. PT      Pertamina      (Persero)     –                2. PT      Pertamina      (Persero)      –
           PT Pertamina Patra Niaga                                 PT Pertamina Patra Niaga
           Perjanjian ditandatangani pada tanggal                   The      agreement      was     signed
           28 Desember 2021 dengan No. KTR-                         on December 28, 2021 with agreement
           008/PNA000000/2021-S0, No. KTR-                          No.     KTR-008/PNA000000/2021-S0,
           185/PNE000000/2021-S0              dan                   No.      KTR-185/PNE000000/2021-S0
           No.      KL.705/XI/4/KA-2021      yang                   and No. KL.705/XI/4/KA-2021 which
           merupakan Perjanjian Novasi atas                         is     Novation      Aggrement      on
           perjanjian No. SP-003/R00000/2020-                       No     SP-003/R00000/2020-S0       and
           S0 dan No. KL.701/IV/1/KA-2020                           No.KL.701/IV/1/KA-2020      agreement
           tanggal 1 April 2020 dengan syarat                       dated April 1, 2020 with the terms and
           dan ketentuan sebagai berikut:                           conditions as follows:
           • Perjanjian berlaku surut mulai                         • The        agreement      is    valid
               1 Oktober 2015 sampai dengan                             retrospectively from October 1,
               1 April 2025. Terhitung sejak                            2015 until April 1, 2025. Since
               tanggal 1 September 2021,                                September 1, 2021, PT Pertamina
               PT       Pertamina      melakukan                        transfer rights and obligation to
               pengalihan hak dan kewajiban                             PT Pertamina Patra Niaga.
               kepada PT Pertamina Patra Niaga.




                                                     148
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PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)                  49. Significant Agreements (Continued)

            •   Jasa yang diperjanjikan adalah                          •   Services included transportation
                pengangkutan        bahan     bakar                         for fuels (such as premium,
                minyak (meliputi premium, minyak                            kerosene, diesel fuel, diesel oil and
                tanah, solar, minyak diesel dan                             fuel oil) and special fuels (such as
                minyak bakar) dan bahan bakar                               aviation fuel, avgas, Super TT,
                minyak khusus (meliputi avtur,                              premix and petrol blue) by using a
                avgas, super TT, premix, dan                                kettle train.
                bensin biru) dengan menggunakan
                gerbong ketel.
            •   Jumlah Bahan Bakar Minyak                               •   The amount of transported fuel oils
                (BBM) dan Bahan Bakar Khusus                                and special fuel oils is determined
                (BBK) yang diangkut ditetapkan                              in     a   yearly     plan    which
                dalam rencana tahunan yang                                  subsequently detailed a monthly
                dikemudian dijabarkan secara                                definitive plan and approved by
                definitif dalam rencana bulanan                             both parties.
                dan disetujui oleh kedua belah
                pihak.
            •   Tarif     keseluruhan    ditetapkan                     •   The tariff is determined at
                sebesar Rp694.40 KL/KM untuk                                Rp694,40 KL/KM for all types of
                semua jenis Bahan Bakar Minyak                              fuel oils and special fuel oils,
                (BBM) dan bahan Bakar khusus                                excluding value-added tax (VAT).
                (BBK) belum termasuk Pajak
                Pertambahan Nilai (PPN).
            •   Apabila terdapat klaim atas susut                       •   If there is a claim for loss or
                atau kerusakan mutu BBM/BBK                                 damage of the quality of fuel, the
                yang diangkut akan diterbitkan,                             invoice will be issued, debit bill and
                nota debet tagihan dan tagihan                              further bill will be calculate and
                selanjutnya akan diperhitungkan                             deducted all in tariff.
                serta      dipotong    dari     tarif
                keseluruhan.

        3. PT Bara Alam Utama                                       3. PT Bara Alam Utama
           Perjanjian    kerja   sama    tentang                       The Agreement of Coal Transportation
           angkutan batu bara dari Sukacinta ke                        for Sukacinta – Kertapati relation
           Kertapati No. HK.221/XII/19/KA-2012                         No.    HK.221/XII/19/KA-2012    and
           dan      No.     001/BAU-KAI/XII/2012                       No.    001/BAU-KAI/XII/2012   dated
           tertanggal 14 Desember 2012 dan                             December       14,     2012     and
           diadendum V dengan Perjanjian                               amendment V with the Agreement
           No. KL.701/VII/9/KA-2023 tanggal                            No.KL.701/VII/9/KA-2023 dated July
           18 Juli 2023.                                               18, 2023.

            Beberapa hal penting yang diatur                            Some important matters that were
            dalam perjanjian tersebut adalah:                           agreed were as follow:
            • Perjanjian        berlaku       mulai                     • The agreement is started from
                14 Desember 2012 sampai                                     December      14,  2012 untill
                dengan 13 Desember 2032.                                    December 13, 2032.




                                                        149
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)                49. Significant Agreements (Continued)

            •   Tarif angkutan batu bara tanpa                        •   The coal transportation tariff
                MIP domestik rute Sukacinta -                             without MIP for domestic on the
                Kertapati    sebesar      Rp736,5                         Sukacinta - Kertapati route is
                (Rupiah penuh)/ ton km dan tarif                          Rp736.5 (full Rupiah)/ton km and
                angkutan batu bara tanpa MIP                              the coal transportation rate without
                domestik rute Sukacita-Simpang                            MIP for domestic on the Sukacinta-
                sebesar      Rp736,5      (Rupiah                         Simpang route is RP 736.5 (full
                penuh)/ton km.                                            Rupiah)/ton km.
            •   Tarif angkutan batu bara tanpa                        •   The coal transportation tariff
                MIP ekspor rute Sukacinta -                               without MIP for export on the
                Kertapati sebesar Rp709 (Rupiah                           Sukacinta - Kertapati route is
                penuh)/ ton km dan tarif angkutan                         Rp709 (full Rupiah)/ton km and the
                batu bara tanpa MIP ekspor rute                           coal transportation tariff without
                Sukacita-Simpang sebesar Rp709                            MIP for export on the Sukacinta-
                (Rupiah penuh)/ton km.                                    Simpang route is RP 709 (full
                                                                          Rupiah)/ton km.
            •   Tarif angkutan batu bara dengan                       •   The coal transportation tariff with
                MIP ekspor rute Sukacinta -                               MIP for domestic on the Sukacinta
                Kertapati sebesar Rp709 (Rupiah                           - Kertapati route is Rp709 (full
                penuh)/ ton km dan tarif angkutan                         Rupiah)/ton km and the coal
                batu bara dengan MIP ekspor rute                          transportation rate without MIP for
                Sukacita-Simpang sebesar Rp709                            domestic on the Sukacinta-
                (Rupiah penuh)/ton km.                                    Simpang route is Rp709 (full
                                                                          Rupiah)/ton km.
            •   Tarif angkutan batu bara dengan                       •   The coal transportation tariff with
                MIP ekspor rute Sukacinta -                               MIP for export on the Sukacinta -
                Kertapati sebesar Rp709 (Rupiah                           Kertapati route is Rp709 (full
                penuh)/ ton km dan tarif angkutan                         Rupiah)/ton km and the coal
                batu bara dengan MIP ekspor rute                          transportation tariff without MIP for
                Sukacita-Simpang sebesar Rp709                            export on the Sukacinta-Simpang
                (Rupiah penuh)/ton km.                                    route is Rp709 (full Rupiah)/ton
                                                                          km.

        4. PT Baramulti Sugih Sentosa                             4. PT Baramulti Sugih Sentosa
           Perjanjian kerja sama angkutan batu                       The agreement of coal transportation
           bara dari Sukacinta - Kertapati                           from    Sukacinta    -     Kertapati
           No.     HK.221/IV/11/KA-2012    dan                       No.HK.221/IV/11/KA-2012         and
           No. 075/LEG-BMSS/IV/2012 dan di                           No.075/LEG-BMSS/IV/2012         and
           Addendum VI dengan perjanjian                             amendement VI with agreement
           No. KL.701/XI/1/KA-2021 tertanggal                        KL.701/XI/1/KA-2021    and    dated
           5 November 2021.                                          November 5, 2021.

            Beberapa hal penting yang diatur                          Some important matters that were
            dalam perjanjian tersebut adalah:                         agreed were as follow:
            • Perjanjian        berlaku       mulai                   • The agreement is started from
                5 November 2021 sampai dengan                             November 5, 2021 untill December
                31 Desember 2037.                                         31, 2037.
            • PT Baramulti Sugih Sentosa harus                        • PT Baramulti Sugih Sentosa must
                menyerahkan      Jaminan     dalam                        give bank guarantee amounted to
                bentuk bank garansi sebesar                               Rp38,333,969       for     period
                Rp38.333.969      untuk    periode                        November 1, 2021 – July 31,2023.
                1 November 2021 – 31 Juli 2023.




                                                      150
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PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)               49. Significant Agreements (Continued)

            •   Berdasarkan Addendum VI No.                          •   Based on Amendment V No.
                KL.701/X//1/KA-2021 dan No.                              KL.701/X/1/KA-2021         and      No.
                098.B/BMSS-KAI/LEG/XI/2021                               098/BMSS-KAI/LEG/XI/2021 dated
                tertanggal 05 November 2021 tarif                        November        05,     2021       coal
                angkutan batu bara untuk perode                          transportation tariff for period
                5 November 2021 s.d 31 Juli 2023                         November        5,      2021       until
                untuk relasi Sukacinta-Kertapati                         July 31,       2023 for        relation
                sebesar     Rp667,50      (Rupiah                        Sukacinta-Kertapati         amounted
                penuh)/ton km, relasi Merapi-                            Rp667.50        (full    amount)/ton
                Kertapati    sebesar    Rp667,50                         kilometer, relation Merapi-Kertapati
                (Rupiah penuh)/ton km , relasi                           amounted          Rp667.50         (full
                Sukacita-Simpang          sebesar                        amount)/ton kilometer, relation
                Rp672,50 (Rupiah penuh)/ton km                           Sukacinta-Simpang           amounted
                dan     relasi    Merapi-Simpang                         Rp672.50        (full    amount)/ton
                sebesar     Rp672,50      (Rupiah                        kilometer, and relation Merapi-
                penuh)/ton km berdasarkan harga                          Simpang amounted Rp672.50 (full
                dasar BBM sebesar Rp5.941                                amount)/ton kilometer based on
                (Rupiah penuh)/liter.                                    fuel price at Rp5,941 (full
                                                                         amount)/litre.
            •   Berdasarkan            Addendum                      •    Based         on        Amendment
                No.KL.701/VIII/7/KA-2023 tanggal                          No. KL.701/VIII/7/KA-2023 dated
                10 Agustus 2023 tarif angkutan                            August            10,            2023
                batu bara untuk periode 1 Agustus                         coal transportation tariff for period
                2023 s.d 31 Desember 2037 untuk                           August 1, 2023 until December 31,
                relasi Sukacinta-Kertapati sebesar                        2037 for relation Sukacinta-
                Rp736,50 (Rupiah penuh)/ton km,                           Kertapati amounted Rp736.50 (full
                relasi Merapi-Kertapati sebesar                           amount)/ton kilometer, relation
                Rp736,50 (Rupiah penuh)/ton km ,                          Merapi-Kertapati           amounted
                relasi Sukacita-Simpang sebesar                           Rp736.50       (full    amount)/ton
                Rp736,50 (Rupiah penuh)/ton km                            kilometer,    relation    Sukacinta-
                dan     relasi     Merapi-Simpang                         Simpang amounted Rp736.50 (full
                sebesar     Rp736,50       (Rupiah                        amount)/ton kilometer, and relation
                penuh)/ton km berdasarkan harga                           Merapi-Simpang             amounted
                dasar BBM sebesar Rp7.238                                 Rp736.50       (full    amount)/ton
                (Rupiah penuh)/liter.                                     kilometer based on fuel price at
                                                                          Rp7,238 (full amount)/litre.

        5. PT Bintang Cemerlang Sentosa                          5. PT Bintang Cemerlang Sentosa
           Perjanjian   kerja     sama    tentang                   The agreement of transport with coal
           angkutan     Batu      Bara    dengan                    use flat wagon from Banjarsari –
           menggunakan gerbong datar dari                           Simpang was signed on August 01,
           Banjarsari ke Simpang ditandatangani                     2019 with No. KL.701/VIII/20/KA-2019
           pada tanggal 01 Agustus 2019 dengan                      and No. 047/DIR-BCS/VIII/2019 with
           No.     KL.701/VIII/20/KA-2019     dan                   the terms and conditions as follows:
           No. 047/DIR-BCS/VIII/2019 dengan
           syarat dan ketentuan sebagai berikut:
           • Perjanjian berlaku sejak tanggal                        •   The agreement is started from the
               efektif pelaksanaan perjanjian                            effective date of the implement the
               dengan jangka waktu 10 tahun                              agreement for a period of 10 years
               dan dapat diperpanjang.                                   can be extended.




                                                     151
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)                49. Significant Agreements (Continued)

            •   Tarif angkutan batu bara rute                         •   Coal transportation tariff for routes
                Banjarsari - Simpang sebesar                              Banjarsari - Simpang amounted to
                Rp662 (Rupiah penuh)/ ton km                              Rp662 (full amount)/ ton kilometer
                berdasarkan harga dasar BBM                               based on fuel price at Rp5,650 (full
                sebesar Rp5.650 (Rupiah penuh)/                           amount)/ litre.
                liter.
            •   PT Bintang Cemerlang Sentosa                          •   PT Bintang Cemerlang Sentosa
                akan memberikan uang jaminan                              will provide a security deposit for
                atas biaya angkutan berupa bank                           transportation cost in the form of a
                garansi sebesar Rp9.830.700.                              bank guarantee amounted to
                                                                          Rp9,830,700.

       6. PT      Perkebunan       Nusantara   III                6. PT    Perkebunan       Nusantara III
          (Persero)                                                  (Persero)
          Perjanjian      kerja    sama   tentang                    The agreement of Crude Palm Oil
          angkutan Crude Palm Oil (CPO)                              (CPO) transportation signed on
          ditandatangani         pada     tanggal                    February 1, 2023 with the terms and
          1 Februari 2023 dengan syarat dan                          conditions as follows:
          ketentuan sebagai berikut:
          a. Perjanjian No. KL.701/II/38/KA-2023                     a. The          agreement         No.
              Angkutan Crude Palm Oil (CPO)                             KL.701/II/38/KA-2023 Crude Palm
              relasi dari PKS Aek Nabara Selatan                        Oil (CPO) transportation from PKS
              ke PT Industri Nabati Lestari - Sei                       Aek Nabara Selatan ke PT Industri
              Mangkei dengan tarif Rp148,41                             Nabati Lestari - Sei Mangkei with
              (rupiah penuh). Perjanjian ini                            tariff amounted to Rp148.41 (full
              berlaku          sejak      tanggal                       amount). The agreement is started
              1 Februari 2023 sampai dengan                             from February 1, 2023 until
              31 Desember 2023.                                         December 31, 2023.

           b. Perjanjian No. KL.701/II/40/KA-2023                    b. The          agreement           No.
              Angkutan Crude Palm Oil (CPO)                             KL.701/II/38/KA-2023 Crude Palm
              relasi dari PKS Sei Mangkei ke                            Oil (CPO) transportation from PKS
              PT Kharisma Pemasaran Bersama                             Sei Mangkei ke PT Kharisma
              Nusantara Unit - Belawan dengan                           Pemasaran Bersama Nusantara
              tarif Rp118,81/kg (rupiah penuh).                         Unit - Belawan with tariff amounted
              Perjanjian ini berlaku sejak tanggal                      to Rp118,81/kg (full amount). The
              1 Februari 2023 sampai dengan                             agreement      is   started    from
              31 Desember 2023.                                         February 1, 2023 until December
                                                                        31, 2023.

           c. Perjanjian No. KL.701/II/42/KA-2023                    c.   The          agreement             No.
              Angkutan Crude Palm Oil (CPO)                               KL.701/II/42/KA-2023 Crude Palm
              relasi dari PKS Sei Silau ke PT                             Oil (CPO) transportation from PKS
              Kharisma Pemasaran Bersama                                  Sei Silau ke PT Kharisma
              Nusantara Unit - Belawan dengan                             Pemasaran Bersama Nusantara
              tarif Rp131,92/kg (rupiah penuh).                           Unit - Belawan with tariff amounted
              Perjanjian ini berlaku sejak tanggal                        to Rp131.92/kg (full amount). The
              1 Februari 2023 sampai dengan                               agreement      is    started     from
              31 Desember 2023. Sampai dengan                             February 1, 2023 until December
              tanggal     pelaporan,     perjanjian                       31, 2023. As of the reporting date,
              tersebut masih dalam proses                                 the agreement is still in the process
              perpanjangan.                                               of renewal.




                                                      152
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PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)                49. Significant Agreements (Continued)

        7. PT    Perkebunan       Nusantara     III               7. PT     Perkebunan        Nusantara    III
           (Persero)     -    PT     Perkebunan                      (Persero)       –     PT     Perkebunan
           Nusantara IV                                              Nusantara IV
           a. Perjanjian No. KL.701/II/41/KA-                        a. The             agreement        No.
               2023 Angkutan Crude Palm Oil                             KL.701/II/41/KA-2023 Crude Palm
               (CPO) relasi dari PKS Rambutan                           Oil (CPO) transportation from PKS
               ke PT Industri Nabati Lestari - Sei                      Rambutan ke PT Industri Nabati
               Mangkei - Belawan dengan tarif                           Lestari - Sei Mangkei - Belawan
               Rp68,22/kg      (rupiah   penuh).                        with tariff amounted to Rp68.22/kg
               Perjanjian ini berlaku sejak                             (full amount). The agreement is
               tanggal 1 Februari 2023 sampai                           started from February 1, 2023 until
               dengan 31 Desember 2023.                                 December 31, 2023. As of the
               Sampai       dengan        tanggal                       reporting date, the agreement is
               pelaporan, perjanjian tersebut                           still in the process of renewal.
               masih        dalam          proses
               perpanjangan.

           b.   Perjanjian dengan PT Perkebunan                       b. The      agreement       with    PT
                Nusantara IV No. KL.701/III/8/KA-                        Perkebunan Nusantara IV No.
                2023 Angkutan Crude Palm Oil                             KL.701/III/8/KA-2023 Crude Palm
                (CPO) dengan gerbong ketel                               Oil (CPO) by kettle train in 2023.
                tahun 2023. Perjanjian ini berlaku                       The agreement is started from
                sejak tanggal 13 Maret 2023                              March 13, 2023 until December 31,
                sampai dengan 31 Desember                                2023. As of the reporting date, the
                2023. Sampai dengan tanggal                              agreement is still in the process of
                pelaporan, perjanjian tersebut                           renewal.
                masih         dalam         proses
                perpanjangan.

        8. PT Semen Indonesia (Persero) Tbk –                     8. PT Semen Indonesia (Persero) Tbk –
           PT Semen Padang                                           PT Semen Padang
           Perjanjian   kerja    sama     tentang                    The agreement of Freight Transport
           angkutan barang semen curah dan                           bulk cement and clinker from Indarung
           terak semen (clinker) dari Indarung ke                    – Teluk Bayur was signed on January
           Teluk Bayur ditandatangani pada                           2, 2023 with No. KL.701/I/26/KA-2023
           tanggal 2 Januari 2023 dengan                             with the terms and conditions as
           No.    KL.701/I/26/KA-2023     dengan                     follows:
           syarat dan ketentuan sebagai berikut:

            •   Perjanjian berlaku mulai 1 Januari                    • The agreement is started from
                2023        sampai         dengan                        January 1, 2023 untill December
                31 Desember 2026.                                        31, 2026.
            •   PT     Semen      Padang     wajib                     • PT Semen Padang is required to
                memenuhi        target     minimal                       meet     the     minimum  annual
                pengangkutan tahunan, dengan                             transportation target, with the
                rincian sebagai berikut:                                 following details:

                  No      Tahun/ Years                     Target per Tahun/ Goals per Year
                   1    2023                 75.000 Gerbong/ Wagons
                   2    2024-2026            Akan disepakati Para Pihak, dan dituangkan dalam
                                             Addendum Perjanjian/ Will be agreed by the Parties, and set
                                             forth in the Addendum




                                                      153
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PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)              49. Significant Agreements (Continued)

            •     Tarif angkutan Barang rute dari                    •   Freight transportation tariff for
                  Indarung ke Teluk Bayur sebesar                        routes Indarung - Teluk Bayur
                  Rp551.359     (Rupiah   penuh)/                        amounted to Rp551,359 (full
                  Gerbong km berdasarkan harga                           amount)/ Wagon km based on
                  dasar BBM sebesar Rp6.800                              fuel price at Rp6,800 (full
                  (Rupiah penuh)/ liter.                                 amount)/ litre.

   b. Perjanjian Asuransi                                     b. Insurance Agreement
      1. PT     Bahana      Pembinaan    Usaha                    1. PT Bahana Pembinaan Usaha
          Indonesia (Persero) - PT Asuransi                          Indonesia (Persero) - PT Asuransi
          Jasa Raharja Putera                                        Jasa Raharja Putera
         a. Perusahaan           menandatangani                     a. The Company entered into an
              perjanjian dengan PT Asuransi Jasa                        agreement with PT Asuransi Jasa
              Raharja Putera tentang Pengadaan                          Raharja Putera regarding to
              Asuransi      Tanggung      Jawab                         Procurement of Passengers and
              Pengangkut terhadap Penumpang                             Officers Responsible Insurance
              dan Awak Sarana Kereta Api untuk                          for period January 1, 2021
              periode 1 Januari 2021 sampai 31                          until   December      31,    2023
              Desember 2023 dengan Perjanjian                           No. KL.702/III/9/KA-2021 dated
              No. KL.702/III/9/KA-2021 tanggal                          March 9, 2021. Scope of Warranty
              9 Maret 2021. Lingkup Jaminan                             Coverage as set in this agreement
              Pertanggungan        sebagaimana                          is train passengers, officers on
              dimaksud dalam perjanjian ini                             duty, and goods.
              adalah penumpang KA, awak KA
              penumpang dan awak KA barang
              angkutan.

                                                           Rp
          A. Penumpang KA                                             A. Train Passenger
             1) Meninggal dunia                           40.000         1) Death
             2) Cacat tetap (maksimum)                    30.000         2) Permanent            disability
                                                                            (Maximum)
                3) Biaya perawatan (maksimum)             30.000         3) Recovery costs (maximum)
                4) Biaya pemakaman                        2.500          4) Funeral cost

          B. Awak sarana Perkeretaapian                               B. Officer on Train
             I. Untuk masinis dan asisten                               I. Machinist      and   machinist
                masinis                                                    assistant
                1) Meninggal dunia                        85.000           1) Death
                2) Cacat tetap (maksimum)                 95.000           2) Permanent          disability
                                                                               (maximum)
                 3) Biaya           perawatan             35.000           3) Recovery costs (maximum)
                     (maksimum)
                  4) Biaya pemakaman                      5.000               4) Funeral cost
             II. Kondektur,          kondektur                           II. Conductor, conductor assistant
                 pembantu dan manajer KA                                     and train manager
                 1) Meninggal dunia                       75.000             1) Death
                 2) Cacat tetap (maksimum)                85.000             2) Permanent          disability
                                                                                 (maximum)
                  3) Biaya         perawatan              35.000             3) Recovery costs (maximum)
                     (maksimum)
                  4) Biaya pemakaman                      5.000             4) Funeral cost




                                                    154
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PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)                 49. Significant Agreements (Continued)

             III. Teknisi KA, petugas restorasi,                               III. Train       technicians,     train
                  petugas     keamanan,     dan                                     restaurant     officers,  security
                  lainnya                                                           officers, and others
                  1) Meninggal dunia                         65.000                 1) Death
                  2) Cacat tetap (maksimum)                  75.000                 2) Permanent             disability
                                                                                        (maximum)
                3) Biaya         perawatan                   35.000                 3) Recovery costs (maximum)
                   (maksimum)
                4) Biaya pemakaman                           5.000                4) Funeral cost

          C. Biaya transportasi korban kereta                               C. Transport fee for Train victims
             api dari TKP                                                      from the accident place
             Per kejadian                          :         1.000        :    per accident

        Kewajiban Perusahaan adalah membayar                          The Company’s obligation to pay insurance
        premi asuransi kepada PT Jasa Raharja                         premium PT Jasa Raharja Putera through
        Putera melalui PT Bank Rakyat Indonesia                       PT Bank Rakyat Indonesia (Persero) Tbk,
        (Persero) Tbk, Kantor Cabang Bandung.                         Bandung Branch.

        Jumlah iuran wajib yang harus dibayar                         Total mandatory contribution to be paid by
        Perusahaan kepada PT Jasa Raharja                             the Company to PT Jasa Raharja Putera
        Putera untuk tahun 2023 dan 2022                              for year 2023 and 2022 amounted to
        masing-masing sebesar Rp2.436.171 dan                         Rp2,436,171       and        Rp2,280,408,
        Rp2.280.408.                                                  respectively.

        b. Perusahaan telah menandatangani                            b. The Company has entered into the
           perpanjangan perjanjian No. KL.702/II/                        addendum of agreement No. KL.702/II/
           13/KA-2023     dan     P/1.1/KS/I/2023                        13/KA-2023 and P/1.1/KS/I/2023 on
           tanggal 14 Februari 2022 tentang                              February     14,  2022     regarding
           Pengadaan Asuransi Angkutan Barang                            Procurement of Insurance for Freight
           Periode 1 Januari 2023 sampai dengan                          Transportation      for       Period
           31 Desember 2025.                                             January 1, 2023 until December 31,
                                                                         2025.

                                                             Rp
        1) Angkutan batu bara                                                 1) Coal freight
           Setiap Kejadian                     :        650.000           :      Per accident
           Peti kemas per kerjadian                     150.000                  Container per accident
           Jumlah ganti rugi periode           :       7.500.000          :      Amount of the compensation for
           pertanggungan                                                         the period cover

        2) Angkutan Non Peti kemas                                            2) Non - Container Goods
           untuk setiap kejadian               :        500.000           :      Per accident
           Jumlah ganti rugi periode           :       6.000.000          :      Amount of the compensation for
           pertanggungan                                                         the period cover

        3) Angkutan Bahan Bakar Minyak                                        3) Fuel and Crude Palm Oil Freight
           dan CPO
           Setiap kejadian                     :        600.000           :      Per Accident
           Jumlah     ganti rugi periode       :       6.000.000          :      Amount of the compensation for
           pertanggungan                                                         the period cover

        4) Angkutan Barang menggunakan                                        4) Freight transportation by trains
           kereta api dengan peti kemas                                          using containers and multi
           dan multi komuditas:                                                  commodities:



                                                       155
Page 820
PT KERETA API INDONESIA (PERSERO)                                      PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                            AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                 NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                 FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                             For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                             December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                  (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)                   49. Significant Agreements (Continued)
           Setiap kejadian                         :      500.000         :     Per accident
           Peti kemas per kejadian                 :      150.000         :     Container per accident
           Jumlah ganti rugi periode               :     6.000.000        :     Amount of the compensation for
           pertanggungan                                                        the period cover
       2. PT      Bahana     Pembinaan       Usaha                  2. PT Bahana Pembinaan Usaha Indonesia
           Indonesia (Persero) - PT Jasa Raharja                       (Persero) - PT Jasa Raharja (Persero)
           (Persero)
          Perusahaan     telah    menandatangani                       The Company has entered into the
          perjanjian dengan PT Jasa Raharja                            agreement with PT Jasa Raharja (Persero)
          (Persero) tentang Asuransi Wajib                             regarding to Statutory Insurance Accident
          Kecelakaan Penumpang Kereta Api                              for Train Passenger for period January 1,
          untuk Periode 1 Januari 2022 sampai                          2022 until December 31, 2026 No.
          dengan 31 Desember 2026 No.                                  KL.702/I/18/KA-2022 dated January 28,
          KL.702/I/18/KA-2022 tanggal 28 Januari                       2022 which was amended with agreement
          2022     yang     diaddendum      dengan                     No. KL.702/I/9/KA-2023 dated January 9,
          perjanjian    No.     KL.702/I/9/KA-2023                     2023.. Scope of train passenger insurance
          tanggal 9 Januari 2023. Lingkup jaminan                      coverage as set forth in this agreement is
          pertanggungan sebagaimana dimaksud                           legal passenger train.
          dalam perjanjian ini adalah penumpang
          sah kereta api
          Perhitungan manfaat asuransi dengan                          The insurance benefits calculations are
          rincian sebagai berikut:                                     follows:
          Penumpang KA                                                 Passenger Train
                                                          Rp
              Meninggal Dunia                  :       50.000.000     : Death
           1) Cacat tetap (maksimum)           :       50.000.000     : 1) Permanent disability (maximum)
           2) Biaya             perawatan      :       20.000.000     : 2) Recovery costs (maximum)
              (maksimum)
           3) Biaya P3K (maksimum)             :       1.000.000      : 3) First aid kit cost (maximum)
           4) Biaya ambulan                    :        500.000       : 4) Ambulance cost
           5) Biaya pemakaman                  :       4.000.000      : 5) Funeral cost
          Kewajiban      Perusahaan       adalah                       The Company was obligated to pay
          membayar premi kepada PT Jasa                                premium to PT Jasa Raharja (Persero) and
          Raharja (Persero) serta menyetorkan ke                       deposit it to PT Bank Rakyat Indonesia
          PT Bank Rakyat Indonesia (Persero) Tbk                       (Persero) Tbk Bandung Branch.
          Kantor Cabang Bandung.
          Jumlah iuran wajib yang harus dipungut                       Total obligated of contributions that
          oleh Perusahaan adalah sebesar Rp120                         collected by Company from passenger in
          (Rupiah penuh) per penumpang untuk                           amount of Rp120 (full amount) for each
          setiap kali perjalanan untuk periode                         Passenger in one trip, for period from
          1 Januari 2022 sampai dengan                                 January 1, 2022 until December 31, 2026.
          31 Desember 2026.
       3. PT Bank Mandiri (Persero) Tbk -                          4.
                                                                   3. PT Bank Mandiri (Persero) Tbk -
           PT Asuransi Jiwa Inhealth Indonesia                         PT Asuransi Jiwa Inhealth Indonesia
          Perusahaan     melakukan     Perjanjian                     The Company signed an agreement with
          dengan PT Asuransi Jiwa Inhealth                            PT Asuransi Jiwa Inhealth Indonesia
          Indonesia tentang Pengadaan Asuransi                        regarding Procurement for Insurance of
          Kesehatan Dewan Komisaris Beserta                           Healthcare for Board of Commissioners
          Keluarga, Direksi beserta Keluarga dan                      and Board of Directors and Family, and
          Organ Pendukung Dewan Komisaris                             Board     of    Commissioners      Support
          periode 1 Maret 2023 sampai dengan                          Organization for period from March 1, 2023

                                                         156
Page 821
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)              49. Significant Agreements (Continued)

          29 Februari 2024 No. KL.702/II/34/KA-                    through      February         29,      2024
          2023 tanggal 28 Februari 2023. Sampai                    No.      KL.702/II/34/KA-2023         dated
          dengan tanggal pelaporan, perjanjian                     February 28, 2023. As of the reporting
          tersebut    masih    dalam      proses                   date, the agreement is still in the process
          perpanjangan.                                            of renewal.

          Lingkup     Jaminan      Pertanggungan                   The Scope of Insurance Coverage as set
          sebagaimana dimaksud dalam perjanjian                    in this agreement was Board of
          ini adalah Dewan Komisaris Beserta                       Commissioners and Familiy, Board of
          Keluarga, Direksi Beserta Keluarga dan                   Directors and Family, and Board of
          Organ Pendukung Dewan Komisaris.                         Commissioners Support Organization.

          Kewajiban       Perusahaan     adalah                    The Company was obliged to pay
          membayar premi kepada PT Asuransi                        insurance premium to PT Asuransi Jiwa
          Jiwa     Inhealth    Indonesia  serta                    Inhealth Indonesia and deposit them to
          menyetorkan ke PT Bank Mandiri                           PT Bank Mandiri (Persero) Tbk Jakarta
          (Persero) Tbk Cabang Jakarta Ahmad                       Ahmad Yani Branch.
          Yani.

          Jumlah    total   biaya    premi   yang                  The insurance premium paid amounted
          dibayarkan      sebesar     Rp1.629.634                  to Rp1,629,634 including policy fee and
          termasuk biaya polis dan premi.                          premium.

    4. PT Asuransi Wahana Tata                            5. 4. PT Asuransi Wahana Tata
       Perusahaan melakukan Perjanjian dengan                    The Company signed an agreement with
       PT Asuransi Wahana Tata tentang                           PT Asuransi Wahana Tata regarding
       Pengadaan       Asuransi   Aset  Sarana                   Procurement for Insurance on Means
       PT Kereta Api Indonesia (Persero)                         of      Transportation     Assets     of
       No.        KL.702/XII/6/KA-2022     dan                   PT Kereta Api Indonesia (Persero)
       No.        692/DIR/XII/2022      tanggal                  No.       KL.702/XII/6/KA-2022      and
       5 Desember 2022 dengan jangka waktu                       No.        692/DIR/XII/2022       dated
       perjanjian    terhitung   sejak  tanggal                  December 5, 2022 with the term of the
       31 Oktober 2022 sampai dengan                             agreement was effective from October 31,
       31 Oktober 2025. Lingkup Jaminan                          2022 through October 31, 2025. The
       Pertanggungan sebagaimana dimaksud                        Scope of Insurance Coverage as set forth
       dalam perjanjian ini adalah Aset Sarana                   in this agreement was means of
       Perusahaan dengan kondisi semua risiko                    Transportation Assets of The Company
       properti, gempa bumi, dan terorisme dan                   for property all risks, earthquake,
       sabotase. Premi yang telah disepakati                     terrorism and sabotage. Premiums
       sebesar Rp157.587.705 dengan nilai                        agreed amounted to Rp157,587,705 with
       premi per periode pertanggungan adalah                    premium value per coverage period
       sebesar Rp52.529.235.                                     amounting to Rp52,529,235.

        Besaran klaim atas risiko sendiri adalah                  The amount of claims as follows:
        sebagai berikut:
        1) Polis Semua Risiko Properti                             1) Property All Risks Policy
            Kerusakan Aset Sarana:                                    Transportation Assets Damage:
               i. Pada saat operasi adalah 10%                          i. When operating is 10% of
                   dari kerugian, atau minimal                              loss, or USD35,000 (full
                   USD35,000     (nilai   penuh)                            amount) in minimum for each
                   setiap mengalami kerugian.                               loss occurred.
               ii. Pada saat Dipo atau Balai                            ii. When in depot or Workshop is
                   Yasa    adalah     10%    dari                           10% of loss, or USD350,000
                   kerugian,    atau     minimal                            (full amount) in minimum for
                   USD350,000 (nilai penuh)                                 each loss occurred.
                   setiap mengalami kerugian.

                                                    157
Page 822
PT KERETA API INDONESIA (PERSERO)                                    PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                          AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                               NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                               FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                           For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                           December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)                 49. Significant Agreements (Continued)
        2) Polis Gempa Bumi                                         2) Earthquake Policy
               Kerusakan Aset Sarana                                       Transportation Assets Damage
               i. Pada saat operasi adalah 10%                             i. When operating is 10% of
                   dari kerugian, atau minimal                                 loss, or USD35,000 (full
                   USD35,000     (nilai  penuh)                                amount) in minimum for each
                   setiap mengalami kerugian                                   loss occurred.
                ii.   Pada saat Dipo atau Balai                             ii.   While in depot or Workshop is
                      Yasa    adalah    10%     dari                              10% of loss, or USD350,000
                      kerugian,    atau    minimal                                (full amount) in minimum for
                      USD350,000 (nilai penuh)                                    each loss occurred.
                      setiap mengalami kerugian.
       3) Polis terorisme dan sabotase                              3) Terrorism and sabotage policy
          Kerusakan aset sarana sebesar                                Transportation Assets Damage of
          USD250,000 (nilai penuh) setiap                              USD250,000 (full amount) for each loss
          mengalami kerugian.                                          occurred.
           Kewajiban      Perusahaan     adalah                         The Company is obliged to pay
           membayar premi kepada PT Asuransi                            insurance premiums to PT Asuransi
           Wahana      Tata    (Persero)  serta                         Wahana Tata (Persero) and deposit
           menyetorkan ke PT Bank Mandiri                               them to PT Bank Mandiri (Persero) Tbk
           (Persero) Tbk Cabang Jakarta Wisma                           – Jakarta Wisma Tugu Branch.
           Tugu.
       5. PT     Bahana      Pembinaan       Usaha                 5. PT     Bahana       Pembinaan       Usaha
          Indonesia (Persero) - PT Asuransi                            Indonesia (Persero) - PT Asuransi
          Jiwa IFG (Life)                                              Jiwa IFG (Life)
          Perusahaan      melakukan      Perjanjian                   The Company signed an agreement with
          dengan PT Asuransi Jiwa IFG (IFG Life)                      PT Asuransi Jiwa IFG (IFG Life)
          tentang Pengelolaan Program Asuransi                        regarding management of the JS
          JS Pendanaan Hari Tua Bagi Pegawai                          Insurance program for old age funding
          PT Kereta Api Indonesia (Persero).                          for employee PT Kereta Api Indonesia
          Berdasarkan                     perjanjian                  (Persero).    Based     on     Agreement
          No.      KL.705/VI/10/KA-2021         dan                   No.       KL.705/VI/10/KA-2021         and
          No.    00056/SJ/T/HKM/0621        tanggal                   No.      00056/SJ/T/HKM/0621         dated
          2 Juni 2021 terhitung sejak tanggal 1 Mei                   June 2, 2021 as of May 1, 2021 through
          2021 sampai dengan 30 April 2026,                           April 30, 2026, PT Asuransi Jiwasraya
          PT Asuransi Jiwasraya melakukan                             transferred the insurance policy to
          pengalihan polis asuransi kepada                            PT Asuransi Jiwa IFG (IFG Life).
          PT Asuransi Jiwa IFG (IFG Life).
          Premi asuransi untuk program JHT                             Insurance premium for JHT program
          dikelola secara Individual Account dan                       managed with Individual Account and
          Pooledfund Account ditetapkan sebagai                        Pooledfund Account set as follows:
          berikut:
          a. Dana awal pada saat awal mulai                           a. The initial fund at the start of the
              berlakunya         asuransi  sebesar                       insurance is Rp1,578,127,345 and
              Rp1.578.127.345 dan
          b. Dana lanjutan berupa premi berkala                       b. Continuation funds in the form of
              bulanan sebesar 17,25% dari gaji                            monthly periodic premiums is
              dasar asuransi tiap bulan berjalanan                        17.25% from insurance basic salary
              yang terdiri dari:                                          each current month consist of:
             • Iuran tertanggung/peserta sebesar                         • The       contribution      of    the
                 4,75% dari gaji dasar asuransi tiap                         insured/participant is 4.75% of the
                 bulan berjalan; dan                                         basic insurance salary each
                                                                             month; and

                                                       158
Page 823
PT KERETA API INDONESIA (PERSERO)                                        PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                              AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                   NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                   FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                               For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                               December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                    (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)                     49. Significant Agreements (Continued)
              •    Iuran perusahaan sebesar 12,5%                        • •    The company contribution is
                   dari gaji dasar asuransi tiap bulan                          12.5% of the basic insurance
                   berjalan.                                                    salary each month.
            Premi asuransi untuk program pasca                             Insurance      premiums     for   post-
            kerja dikelola secara pooled fund                              employment programs managed by a
            account ditetapkan sebagai berikut:                            pooled fund account are determined as
                                                                           follows:
            a. Dana awal pada saat awal mulai                              a. The initial fund at the start of the
               berlakunya      asuransi   sebesar                              insurance is Rp223,601,602 and
               Rp223.601.602 dan
            b. Dana lanjutan berupa premi berkala                          b. Continuation funds in the form of
               tahunan yang bersumber dari iuran                              annual periodic premiums sourced
               perusahan berdasarkan valuasi premi                            from company contributions based
               yang akan dilakukan setiap bulan                               on premium valuations which will be
               Oktober, sebesar 5% dari gaji dasar                            carried out every October, amounting
               asuransi tahun sebelumnya.                                     to 5% of the previous year's basic
                                                                              insurance salary.
         6. PT      Bahana        Pembinaan      Usaha              7. 6. PT        Bahana   Pembinaan     Usaha
            Indonesia (Persero) - PT Asuransi                              indonesia (Persero) - PT Asuransi
            Jasa Indonesia                                                 Jasa Indonesia
            Perusahaan         melakukan      Perjanjian                  The Company has entered into an
            dengan PT Asuransi Jasa Indonesia                             agreement with PT Asuransi Jasa
            tentang Pengadaan Jasa Asuransi                               Indonesia regarding Procurement for
            Directors and Officers Liability No.                          Insurance Service of Directors and
            KL.702/VII/19/KA-2023 tanggal 28 Juli                         Employee           Obligation       No.
            2023       yang     diaddendum      dengan                    KL.702/VII/19/KA-2023 dated July, 28
            perjanjian         No.KL.702/X/26/KA-2023                     2023 which was amended with
            tanggal 20 Oktober 2023. Lingkup                              agreement        No.KL.702/X/26/KA-2023
            jaminan pertanggungan sebagaimana                             dated October 2023. The scope of
            dimaksud dalam perjanjian ini adalah                          insurance coverage as set forth in this
            risiko liability para Directors and Officers                  agreement is directors and officers
            Liability termasuk Dewan Komisaris.                           liabilities.
            Kewajiban      Perusahaan     adalah                          The Company’s obligation to pay
            membayar premi asuransi kepada                                insurance premium to PT Asuransi Jasa
            PT Asuransi Jasa Indonesia melalui                            Indonesia through Bank Mandiri, MT
            Bank Mandiri Cabang MT Haryono.                               Haryono Branch.
            Jangka waktu perjanjian terhitung sejak                       The term of the agreement was effective
            tanggal 1 Maret 2023 sampai dengan                            from     March      1,   2023     until
            29 Februari 2024.                                             February 29, 2024.
            Sampai dengan tanggal laporan ini                             Until this report is published, this
            diterbitkan, perpanjangan perjanjian                          extension of the agreement is still in
            masih dalam proses.                                           process as of the date of this report.
            Jumlah    total   biaya    premi   yang                       Total premium paid amounting to
            dibayarkan      sebesar     Rp1.700.000                       Rp1,700,000 including policy fee and
            termasuk biaya polis dan premi.                               premium.
    c.    Perjanjian       Pengadaan       BBM                      c. Procurement     of   BBM    Agreement
          PT Pertamina (Persero) - PT Pertamina                         PT Pertamina (Persero) - PT Pertamina
          Patra Niaga                                                   Patra Niaga
          Perusahaan     telah   menandatangani                        The Company has entered into agreement
          Perjanjian dengan PT Pertamina Patra                         with PT Pertamina Patra Niaga regarding
          Niaga tentang Pengadaan BBM.                                 the Procurement of BBM.


                                                           159
Page 824
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)              49. Significant Agreements (Continued)

        No. KL.702/III/1/KA-2022 dan No. KTR-                    No. KL.702/III/1/KA-2022 and No. KTR-
        014/PNC000000/2022-S0 tanggal 1 Maret                    014/PNC00000/2022-S0 on March 1, 2022
        2022. Dengan syarat dan ketentuan                        with the terms and conditions as follows:
        sebagai berikut:
        •   Harga BBM bersubsidi mengacu                         • The subsidized fuel price refers to
            kepada        Peraturan     Presiden                   Presidential Regulation No. 191/2014
            No. 191/2014 tentang Penyediaan,                       concerning the Provision, Distribution
            Pendistribusian dan Harga Jual                         and Selling Price of Retail Fuel Oil. For
            Eceran Bahan Bakar Minyak. Untuk                       fuel prices non-subsidies PT Pertamina
            harga         BBM         non-subsidi                  Patra Niaga provides a discount of 5%
            PT      Pertamina     Patra    Niaga                   (five percent).
            memberikan potongan harga sebesar
            5% (lima persen).
        •   Biaya Jasa Handling/Vendor Held                      • Handling/Vendor Held Stock Service
            Stock sebasar Rp438/liter yang                         Fee of Rp438/litre which is charged to
            dibebankan kepada Perusahaan.                          The Company

    d. Perjanjian Fasilitas Pinjaman antara                  D. Loan Facility Agreement between
       Perusahaan, China Development Bank                       the Company, China Development Bank
       sebagai Pemberi Pinjaman Awal, China                     as Initial Lender, China Development
       Development Bank sebagai Agen                            Bank as Loan Agent and Bank of China
       Pinjaman dan Bank of China (Hong                         (Hong Kong) Limited Jakarta Branch as
       Kong) Limited Jakarta Branch sebagai                     Agent
       Agen
       Pada tanggal 29 Desember 2023,                            In December 29, 2023, the Company
       Perusahaan menandatangani Perjanjian                      signed a Loan Facility Agreement with the
       Fasilitas Pinjaman dengan para pihak.                     parties No. 3520202401100001645. The
       No.      3520202401100001645.    Fasilitas                loan facilities provided consist of two
       pinjaman yang diberikan terdiri dari dua                  facilities:
       fasilitas:
        a. Fasilitas Pinjaman berjangka USD                      a. USD Term Loan Facility in an aggregate
           dalam keseluruhan jumlah yang sama                       amount equal to the Total Commitment
           dengan Total Komitmen Fasilitas A                        of    Facility  A      amounted     to
           sebesar USD325.620.000; dan                              USD325,620,000; and
        b. Fasilitas Pinjaman berjangka RMB                      b. RMB Term Loan Facility in an
           dalam keseluruhan jumlah yang sama                       aggregate amount equal to the Total
           dengan Total Komitmen Fasilitas B                        Commitment of Facility B to be used in
           untuk digunakan dalam RMB atau                           RMB or equivalent to USD217,080,000.
           setara dengan USD217.080.000.

        Suku bunga yang digunakan dalam                          The interest rates used in this agreement
        perjanjian ini adalah sebagai berikut:                   are as follows:
        a. Fasilitas A 3,20% per tahun; dan                      a.c.Facility A 3.20% per year; and
        b. Fasilitas B 3,10% per tahun.                          b. Facility B 3.10% per year.

        Fasilitas Pinjaman tersebut seluruhnya                   The entire Loan Facility will be used to
        akan digunakan untuk memberikan                          provide funding to the Jakarta-Bandung
        pendanaan kepada proyek Kereta Cepat                     High Speed Train project through capital
        Jakarta-Bandung melalui kontribusi modal                 contributions in accordance with all
        sesuai    dengan    semua      peraturan                 applicable laws and regulations, to fund the
        perundang-undangan dan ketentuan yang                    total project cost increase.
        berlaku, untuk mendanai jumlah kenaikan
        biaya proyek.
                                                                  d.


                                                    160
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PT KERETA API INDONESIA (PERSERO)                                   PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                         AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                              NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                              FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                          For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                          December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)               (In Thousand of Rupiah, Unless Otherwise Stated)

49. Perjanjian-perjanjian Penting (Lanjutan)                49. Significant Agreements (Continued)

        Pinjaman antara Perusahaan dan Pemberi                     Loans between the Company and the
        Fasilitas dijamin oleh Pemerintah melalui                  Facility Provider are guaranteed by the
        PT Penjaminan Infrasturktur Indonesia                      Government through PT Penjaminan
        (Persero) (PT PII) berdasarkan peraturan                   Infrasturktur Indonesia (Persero) (PT PII)
        pemerintah Nomor 239/KM.8/2023 tanggal                     based on government regulation Number
        28 Desember 2023 tentang Penugasan                         239/KM.8/2023 dated 28 December 2023
        kepada PT Penjaminan Infrastruktur                         concerning Assignment to PT Penjaminan
        Indonesia (Persero) untuk Melakukan                        Infrastruktur Indonesia (Persero) to Provide
        Penjaminan Pemerintah secara Bersama                       Government Guarantees Jointly for PT
        atas Pinjaman PT Kereta Api Indonesia                      Kereta Api Indonesia (Persero) Loans in
        (Persero) dalam Rangka Percepatan                          the     Context    of    Accelerating    the
        Penyelenggaraan Prasarana dan Sarana                       Implementation of Fast Train Infrastructure
        Kereta Cepat antara Jakarta Bandung.                       and Facilities between Jakarta Bandung.


50. Kontinjensi                                             50. Contingencies

    Perusahaan merupakan tergugat 1 (satu)                     The company constitute as the 1 (one)
    dalam gugatan yang diajukan oleh Tengku                    defendant in the act against the law lawsuit as
    Hamdy Osman Delikhan melalui Pengadilan                    submitted by Tengku Hamdy Osman Delikhan
    Negeri Medan yang terdaftar dalam perkara                  through Medan District Court submitted as the
    48/Pdt.G/2021/PN.Mdn         pada       tanggal            case 48/Pdt.G/2021/PN.Mdn on February 5,
    5 Februari 2021. Inti dari gugatan tersebut                2021. The point of lawsuit is the Company get
    adalah Tengku Hamdy Osman Delikhan                         sued about in 1868 There was a concession
    menggugat KAI karena tahun 1868 terjadi                    agreement between Sultan Deli and DSM for
    perjanjian konsesi antara Sultan Deli dan DSM              90 years which should have ended in 2002
    selama 90 tahun yang seharusnya berakhir                   and the assets were returned to Tengku
    tahun 2002 dan aset tersebut dikembalikan ke               Hamdy Osman Delikhan. The plaintiff claimed
    Tengku Hamdy Osman Delikhan. Penggugat                     the   Company       for   harm     and   sued
    mengklaim bahwa Perusahaan merugikan                       compensation of Rp707,340,000.
    penggugat dan menuntut pembayaran ganti
    rugi sebesar Rp707.340.000.

    Pada tanggal 23 November 2021, Pengadilan                  On November 23, 2021, Medan District Court
    Negeri Medan telah mengeluarkan putusan                    had been issued case verdict No.
    atas perkara No. 48/Pdt.G/2021/PN.Mdn yang                 48/Pdt.G/2021/PN.Mdn which substantially
    pada     menyatakan     menolak    tuntutan                stated rejected the plaintiff's claim.
    penggugat.

    Pada tanggal 14 Desember 2022, Tengku                      On December 14, 2022, Tengku Hamdy
    Hamdy Osman Delikhan al haj gelar Tengku                   Osman Delikhan al haj with the title Tengku
    Raja Muda Deli mengajukan banding dengan                   Raja Muda Deli filed an appeal as the case
    nomor perkara 381/Pdt/2023/PT MDN. Pada                    381/Pdt/2023/PT MDN. On July 25, 2023, the
    tanggal 25 Juli 2023, putusan banding adalah               appeal decision upheld the decision of Medan
    menguatkan putusan PN Medan Nomor                          District Court Number 48/Pdt.G/2021/PN Mdn
    48/Pdt.G/2021/PN          Mdn        tanggal               dated November 23, 2021.
    23 November 2021.

    Pada tanggal 29 Agustus 2023, Tengku                       On August 29, 2023, Tengku Hamdy Osman
    Hamdy Osman Delikhan al-Haj gelar Tengku                   Delikhan al-Haj, with the title Tengku Raja
    Raja Muda Deli mengajukan Kasasi. Sampai                   Muda Deli, filed a cassation. Until this report is
    dengan laporan ini diterbitkan, perkara ini                published, this case is still in the process of
    masih dalam proses pengajuan kasasi.                       being filed.




                                                      161
Page 826
PT KERETA API INDONESIA (PERSERO)                                                           PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                                                 AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                                                      NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                                                      FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                                                  For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                                                  December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)                                       (In Thousand of Rupiah, Unless Otherwise Stated)

51. Informasi Tambahan Terkait Arus Kas                                              51. Additional Information Related to Cash
                                                                                         Flows

    Tabel dibawah ini menunjukan transaksi                                                   The Table below represents                                non-cash
    investasi yang tidak menggunakan kas:                                                    investment transactions:

                                                                  2023                        2022
    Penambahan Aset melalui                                                                                                                        Addition of Assets
     Utang Usaha:                                                                                                                          through Trade Payables:
      Aset Tetap                                                    674.922.979                 78.231.822                                             Fixed Assets
      Aset Takberwujud                                               29.263.728                 16.195.823                                       Intangable Assets
      Hak Pengoperasian                                                                                                                       Infrastructure Assets
        Aset Prasarana                                           4.171.680.096                  54.746.697                                      Operating Rights
     Uang Muka:                                                                                                                                            Advances:
      Aset Tetap                                                     20.640.000                133.044.938                                             Fixed Assets
     Hibah:                                                                                                                                                   Grant:
      Aset Tetap                                                                --                   256.775                                           Fixed Assets
     Pinjaman Bank:                                                                                                                                       Bank Loan:
      Aset Tetap                                                                --              58.055.044                                             Fixed Assets
      Hak Pengoperasian                                                                                                                       Infrastructure Assets
        Aset Prasarana                                                          --             238.575.780                                      Operating Rights
    Penambahan Investasi pada                                                                                                              Addition of Investment in
     Ventura Bersama melalui                                                                                                                 Joint Venture through
       Reklasifikasi dari Uang Muka                                                                                                      Reclassification of Paid in
       Setoran Modal                                                            --            7.230.581.343                                       Capital Advance
    Penerimaan Bunga Pinjaman                                                                                                                Receipt of Loan Interest
     dari Ventura Bersama melalui                                                                                                        from Joint Venture through
     Piutang Lain-lain PSBI                                                     --             138.896.858                              Other Receivables of PSBI
    Penjualan Aset melalui Piutang                                   31.299.180                             --                      Asset Sales through Receivables
     Jumlah                                                      4.927.805.983                7.948.585.080                                                     Total


    Tabel di bawah ini menunjukan rekonsiliasi                                           The table below represents a reconciliation of
    liabilitas yang timbul dari aktivitas pendanaan                                      liabilities arising from financing activities for the
    untuk tahun-tahun yang berakhir pada tanggal                                         years ended December 31, 2023 and 2022, as
    31 Desember 2023 dan 2022, sebagai berikut:                                          follows:

                                                                             2023
                                      Saldo Awal/           Arus Kas/ Cash Flow
                                                                                              Non-kas/ Non-         Saldo Akhir/
                                       Beginning        Penerimaan/     Pembayaran/
                                                                                                  cash             Ending Balance
                                        Balance           Receipt         Payment
    Pinjaman Jangka Pendek             1.760.000.000     5.636.300.935     (6.007.777.797)                    --     1.388.523.138                     Short-term Loan
    Pinjaman Jangka Panjang           19.479.590.418     3.200.303.452     (1.236.391.211)          (6.861.689)     21.436.640.970                     Long-term Loan
    Utang Obligasi Jangka Pendek                   --                --                 --       1.898.852.925       1.898.852.925           Short-term Bonds Payable
    Utang Obligasi Jangka Panjang      4.490.760.381                 --                 --     (1.896.290.762)       2.594.469.619           Long-term Bonds Payable
    Sukuk                                498.307.111                 --                 --              279.083        498.586.194                               Sukuk
    Liabilitas Sewa                       61.162.900                 --       (31.554.208)          81.062.197         110.670.889                     Lease Liabilities
    Pinjaman Program PEN               3.500.000.000                 --      (437.500.000)                    --     3.062.500.000                  PEN Program Loan


                                                                             2022
                                      Saldo Awal/           Arus Kas/ Cash Flow
                                                                                              Non-kas/ Non-         Saldo Akhir/
                                       Beginning        Penerimaan/     Pembayaran/
                                                                                                  cash             Ending Balance
                                        Balance           Receipt         Payment
    Pinjaman Jangka Pendek             2.659.962.173    13.706.510.355    (14.606.472.528)                  --       1.760.000.000                     Short-term Loan
    Pinjaman Jangka Panjang           17.436.738.082     2.654.659.753       (941.505.588)        329.698.171       19.479.590.418                     Long-term Loan
    Utang Obligasi Jangka Pendek         999.447.166                 --    (1.000.000.000)            552.834                    --          Short-term Bonds Payable
    Utang Obligasi Jangka Panjang      2.993.800.573     1.500.000.000         (5.041.083)          2.000.891        4.490.760.381           Long-term Bonds Payable
    Sukuk                                          --      500.000.000         (1.785.917)             93.028          498.307.111                               Sukuk
    Liabilitas Sewa                       82.145.435                 --       (37.190.355)         16.207.820           61.162.900                     Lease Liabilities
    Pinjaman Program PEN               3.500.000.000                 --                 --                  --       3.500.000.000                  PEN Program Loan




                                                                            162
Page 827
PT KERETA API INDONESIA (PERSERO)                                PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                      AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                       December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (In Thousand of Rupiah, Unless Otherwise Stated)

52. Informasi Penting Lainnya                             52. Other Important Information

    a. Track Charge Access (TAC) Perusahaan               b. a. Track Charge Access (TAC) the
                                                                Company
       Pemerintah melalui Direktorat Jenderal                   The Government through the Directorate
       Kereta     Api     (DJKA)      Kementerian               General of Railways (DJKA) of the Ministry
       Perhubungan telah menerbitkan tagihan                    of Transportation has issued a Non-Tax
       Penerimaan Negara Bukan Pajak (PNBP)                     State Revenue (PNBP) bill for the use of
       atas penggunaan Track Access Charge                      Track Access Charge (TAC) year 2023 to
       (TAC) tahun 2023 kepada Perusahaan                       the Company with the amount of the bill as
       dengan nilai tagihan sebagai berikut:                    follows:
       1. Triwulan I sebesar Rp655.191.282;                     1. The     1st   quarter    amount      of
                                                                    Rp655,191,282;
       2. Triwulan II sebesar Rp705.641.088;                    2. The     2nd    quarter   amount      of
                                                                    Rp705,641,088;
       3. Triwulan III sebesar Rp729.578.100; dan               3. The     3rd    quarter   amount      of
                                                                    Rp729,578,100; and
       4. Triwulan IV sebesar Rp698.015.547                     4. The     4th    quarter   amount      of
          sehingga    total tagihan sebesar                         Rp698,015,547, so that the bill total
          Rp2.788.426.017.                                          amount of Rp2,788,426,017.

       Atas    tagihan    tersebut,   Perusahaan                 On that billing, the Company applied for
       mengajukan permohonan keringanan dalam                    the bill relief in the form of principal
       bentuk pembebasan pokok dan denda                         exemption and penalty to the DJKA
       kepada DJKA melalui surat Nomor                           through letter Number KF.203/III/3/KA-
       KF.203/III/3/KA-2024 tanggal 4 Maret 2024.                2024 dated March 4, 2024.

       Atas surat tersebut, DJKA memberikan                      On that letter, the DJKA provided a
       tanggapan melalui surat No. UM.006/2/25/                  response through letter No. UM.006/2/25/
       K2/DJKA/2024 tanggal 2 April 2024, yang                   K2/DJKA/2024 dated April 2, 2024, which
       pada intinya permohonan keringanan dalam                  basically states that the request for the bill
       bentuk pembebasan pokok dan denda                         relief in the form of principal exemption
       tersebut   tidak  dapat   disetujui  dan                  and penalty cannot be approved and the
       Perusahaan dapat menyampaikan kembali                     Company can re-submit an application of
       permohonan keringanan dalam bentuk lain                   the bill relief in the other forms such as
       yaitu pengurangan, pengangsuran, dan                      deduction, installment, and postponement.
       penundaan.

       Kemudian,      Perusahaan      mengajukan                 Then, the Company applied for the bill
       permohonan keringanan dalam bentuk                        relief in the form of principal deduction
       pengurangan pokok dan denda menjadi                       and penalty amount of Rp401,470,990
       masing-masing sebesar Rp401.470.990                       and Rp8,029,420 respectively, through
       dan Rp8.029.420 melalui surat No. KF.203/                 letter No. KF.203/IV/7/KA-2024 dated
       IV/7/KA-2024 tanggal 15 April 2024.                       April 15, 2024.

       Berdasarkan     permohonan    keringanan                  Based on the request for the bill relief in
       dalam bentuk pengurangan pokok dan                        the form of principal deduction and penalty
       denda yang disampaikan oleh Perusahaan,                   submitted by the Company, the Minister of
       Menteri Perhubungan menyampaikan surat                    Transportation submitted a letter of
       Permohonan Pertimbangan Keringanan                        consideration waiver of PNBP to the
       PNBP     berupa    Pengurangan    kepada                  Minister of Finance through letter number
       Menteri    Keuangan      melalui    surat                 KU.102/1/6/MHB 2024 dated May 30,
       No. KU.102/1/6/MHB 2024 tanggal 30 Mei                    2024. The amount of the requested for
       2024, dimana nilai TAC yang diajukan                      consideration of TAC relief by the Minister
       sebagai pertimbangan keringanan oleh                      of Transportation is Rp401,470,990 for the
       Menteri        Perhubungan         senilai                principal amount and Rp8,029,420 for the
       Rp401.470.990      untuk   pokok     dan                  penalty.
       Rp8.029.420 untuk denda.

                                                    163
Page 828
PT KERETA API INDONESIA (PERSERO)                                PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                      AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                       December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (In Thousand of Rupiah, Unless Otherwise Stated)

52. Informasi Penting Lainnya (Lanjutan)                  52. Other Important Information (Continued)

       Untuk memastikan nilai yang dicatat oleh                  To ensure the values recorded by the
       Kementerian Perhubungan dalam Laporan                     Ministry of Transportation in the Central
       Keuangan Pemerintah Pusat, Perusahaan                     Government Financial Statements, the
       melakukan     diskusi    dengan     Badan                 Company held discussions with the
       Pemeriksa Keuangan Republik Indonesia                     Supreme Audit Agency of the Republic of
       (“BPK RI”) - Auditorat Utama Keuangan                     Indonesia (“BPK RI”) - Main Auditorate for
       Negara I (AKN I) pada tanggal 28 Mei 2024,                State Finance I (AKN I) on May 28,
       yang menginformasikan bahwa nilai TAC                     2024. BPK RI informed that the TAC value
       belum dicatat sebagai piutang pada                        has not been recorded as receivables in
       Laporan      Keuangan         Kementerian                 the 2023 Audited Financial Statements of
       Perhubungan Auditan tahun 2023 namun                      the Ministry of Transportation but is
       diungkapkan dalam Catatan atas Laporan                    disclosed in the Notes to the Financial
       Keuangan         sehubungan       dengan                  Statements      regarding      the    ongoing
       permohonan keringanan pokok dan denda                     application and discussion for principal and
       yang masih dalam proses pengajuan dan                     penalty relief with the Ministry of Finance.
       pembahasan        dengan      Kementerian
       Keuangan.

       Pada tanggal 6 Juni 2024, berdasarkan                     On June 6, 2024, based on the Minutes of
       Berita    Acara     Rapat     Penelaahan                  Meeting for the Approval Review of
       Permohonan      Persetujuan   Keringanan                  Concession        Fee       Relief    TAC
       PNBP TAC No. BA-3/AG.7/2024 yang                          No.      BA-3/AG.7/2024,      signed    by
       ditandatangani perwakilan pejabat dari                    representatives from the Ministry of
       Kementerian     Keuangan,    Kementerian                  Finance, the Ministry of Transportation,
       Perhubungan dan Perusahaan yang intinya                   and the Company, which basically the
       Kementerian Keuangan mempertimbangkan                     Ministry of Finance considered granting
       memberikan keringanan TAC kepada                          TAC relief to the Company in accordance
       Perusahaan sesuai dengan aturan yang                      with applicable regulations. This decision
       berlaku berdasarkan arahan Presiden pada                  was made following the President’s
       beberapa rapat kabinet untuk memperkuat                   directive during several cabinet meetings
       keuangan Perusahaan sebagai bentuk                        to strengthen the Company’s financial
       dukungan pemerintah bagi keberlanjutan                    position as a form of government support
       pelayanan transportasi yang berkualitas di                for quality transportation services amidst
       tengah penugasan yang dijalankan oleh                     the tasks carried out by the Company.
       Perusahaan.

       Hingga laporan keuangan konsolidasian                     Until the issuence of the consolidated
       diterbitkan, Perusahaan masih belum                       financial statement, the Company has not
       menerima surat persetujuan keringanan                     yet received an approval of relief in the
       dalam bentuk pengurangan pokok dan                        form of principal deduction and penalty
       denda TAC dari Kementerian Keuangan.                      TAC from Ministry of Finance. Based on
       Berdasarkan dokumen dan korespondensi                     the documents and correspondence
       yang dilakukan, Manajemen Perusahaan                      conducted,     Company’s    Management
       meyakini bahwa permohonan keringanan                      believes that the waiver request will be
       dapat disetujui.                                          approved.




                                                    164
Page 829
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

52. Informasi Penting Lainnya (Lanjutan)                   52. Other Important Information (Continued)

   b. Track Charge Access (TAC) Entitas Anak               c. b. Track Charge Access (TAC) Subsidiary
      PT Kereta Commuter Indonesia (PT KCI)                       PT     Kereta     Commuter       Indonesia
                                                                  (PT KCI)
       Pemerintah melalui Direktorat Jenderal                     The Government through the Directorate
       Kereta Api (DJKA) telah menerbitkan                        General of Railways (DJKA) has issued a
       tagihan Penerimaan Negara Bukan Pajak                      Non-Tax State Revenue bill for the use of
       atas penggunaan Track Access Charge                        Track Access Charge (PNBP TAC) to PT
       (PNBP TAC) kepada PT KCI dengan                            KCI by referring to the Minister of Finance
       merujuk pada Peraturan Menteri Keuangan                    Regulation      No.      138/PMK.02/2021
       No. 138/PMK.02/2021 tentang Jenis dan                      concerning Types and Tariffs on Types of
       Tarif atas Jenis Penerimaan Negara Bukan                   Non-Tax State Revenue that are Volatile
       Pajak yang Bersifat Volatil dan Kebutuhan                  and Urgent Needs Applicable to the
       Mendesak yang Berlaku pada Kementerian                     Ministry     of   Transportation     ("PMK
       Perhubungan (“PMK 138/2021”) dengan                        138/2021") with billing values for PT KCI
       nilai tagihan untuk PT KCI sebagai berikut:                has follows:
       1. Triwulan I – III sebesar Rp178.452.118;                1. The 1st to 3rd quarter amount of
           dan                                                      Rp178,452,118; and
       2. Triwulan IV sebesar Rp63.393.900                       2. The 4th quarter amount of Rp63,393,900
           sehingga      total  tagihan    sebesar                  so that the bill total amount of
           Rp241.846.018.                                           Rp241,846,018.

       Atas tagihan tersebut, PT KCI telah                        Based on the above payment billings,
       melakukan       pembayaran     sebesar                     PT KCI has made payments of
       Rp63.393.900 pada tanggal 7 Maret 2024                     Rp63,393,900 on March 7, 2024 and
       dan sebesar Rp178.452.118 pada tanggal                     Rp178,452,118 on March 15, 2024 to
       15 Maret 2024, dengan tujuan untuk                         avoid any additional penalty fee.
       menghentikan tambahan nilai denda
       keterlambatan pembayaran.

       PT KCI kemudian mengajukan surat                           PT KCI then submitted the following
       keberatan kepada DJKA, sebagai berikut:                    objection letters to the DJKA:
       a. Surat    Direktur   Utama    PT   KCI                   a. Letter from President Director of
          No. 42/CV.200/CU/ KCI/III/2024 tanggal                      PT KCI No. 42/CV.200/CU/KCI/III/2024
          18 Maret 2024 mengenai Permohonan                           regarding Application for Relief from
          Keringanan       Pembebasan     Sanksi                      Penalty Fee of NonTax State Revenue
          Administratif berupa Denda Penerimaan                       (“PNBP TAC”) PT KCI Year 2023; and
          Negara Bukan Pajak (“PNBP TAC”)
          PT KCI Tahun 2023; dan
       b. Surat   Direktur    Utama    PT   KCI                   b. Letter from Letter from President
          No. 65/CV.200/CU/KCI/III/2024 tanggal                      Director     of     PT     KCI    No.
          25 Maret 2024 mengenai Permohonan                          65/CV.200/CU/KCI/III/2024 regarding
          Keringanan Pokok PNBP TAC PT KCI                           Application for Relief from PNBP TAC
          Tahun 2023.                                                Principal Payment PT KCI Year 2023.

       Atas Surat Keberatan tersebut di atas,                     Among the above Objection Letters, the
       untuk        permohonan      Permohonan                    Government is in the process of reviewing
       Keringanan        Pembebasan      Sanksi                   the Application for Relief from Penalty Fee
       Administratif berupa Denda PNBP TAC,                       of PNBP TAC. The DJKA has replied to
       DJKA masih melakukan proses reviu.                         the Application for Relief from PNBP TAC
       Sedangkan untuk Permohonan Keringanan                      through     the     Letter     from   DJKA
       Pokok      PNBP     TAC,   DJKA     telah                  No.    UM.209/1/19/K2/DJKA/2024          the
       mengeluarkan tanggapan melalui Surat                       Application for Relief from PNBP TAC
       Direktorat      Jenderal  Perkeretaapian                   dated April 5, 2024 regarding Response to
       No. UM.209/1/19/K2/DJKA/2024 tanggal                       the Application for Relief from PNBP TAC,


                                                     165
Page 830
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

52. Informasi Penting Lainnya (Lanjutan)                   52. Other Important Information (Continued)

       5 April 2024 mengenai Tanggapan Surat                       stated that the application can not be
       Permohonan Keringanan Pokok PNBP TAC                        processed since the application for relief
       PT KCI Tahun 2023, dengan alasan                            applied on March 18, 2023 for 2023
       permohonan keringanan pokok tidak dapat                     PNBP TAC Penalty Fee is also in
       diproses lanjut karena saat ini juga sedang                 progress.
       berproses permohonan keringanan yang
       sebelumnya telah disampaikan oleh PT KCI
       tanggal 18 Maret 2023 untuk memohon
       pembebasan sanksi administrasi PNBP
       TAC Tahun 2023.

       PT Railink                                                 PT Railink
       Pemerintah melalui Direktorat Jenderal                     The Government through the Directorate
       Kereta Api (DJKA) telah menerbitkan                        General of Railways (DJKA) has issued a
       tagihan Penerimaan Negara Bukan Pajak                      Non-Tax State Revenue bill for the use of
       atas penggunaan Track Access Charge                        Track Access Charge (PNBP TAC) to
       (PNBP TAC) kepada PT Railink dengan                        PT Railink by referring to the Minister of
       merujuk pada Peraturan Menteri Keuangan                    Finance Regulation No. 138/PMK.02/2021
       No. 138/PMK.02/2021 tentang Jenis dan                      concerning Types and Tariffs on Types of
       Tarif atas Jenis Penerimaan Negara Bukan                   Non-Tax State Revenue that are Volatile
       Pajak yang Bersifat Volatil dan Kebutuhan                  and Urgent Needs Applicable to the
       Mendesak yang Berlaku pada Kementerian                     Ministry    of     Transportation  ("PMK
       Perhubungan (“PMK 138/2021”) dengan                        138/2021") with billing values for
       nilai tagihan untuk PT Railink sebagai                     PT Railink as follows:
       berikut:
       1. Triwulan I – II sebesar Rp2.334.979;                   1. The 1st to 2nd quarter amount of
                                                                    Rp2,334,979;
       2. Triwulan III sebesar Rp1.431.070; dan                  2. The 3rd quarter amount of Rp1,431,070;
                                                                    and
       3. Triwulan IV sebesar Rp1.772.668                        3. The 4th quarter amount of Rp1,772,668,
          sehingga    total tagihan sebesar                         so that the bill total amount of
          Rp5.538.717.                                              Rp5,538,717.

       Atas tagihan tersebut, PT Railink belum                    Based on the above payment billings,
       melakukan pembayaran dan mengajukan                        PT Railink has not made payment and
       keberatan kepada DJKA melalui surat                        submitted an objection to the DJKA
       Direktur   Utama      PT    Railink  No.                   through a letter from the President Director
       RL/DIR/306/III/2024 tanggal 5 Maret 2024                   of PT Railink No. RL/DIR/306/III/2024
       mengenai Permohonan Pokok dan Denda                        dated March 5, 2024 concerning
       PNPB TAC PT Railink Tahun 2023.                            Application for Principal and penalty of
                                                                  PNPB TAC PT Railink for the year 2023.

       Atas surat Keberatan tersebut di atas, DJKA               Regarding the objection letter above, the
       telah mengeluarkan tanggapan melalui                      DJKA has issued a response through the
       Surat Direktorat Jenderal Perkeretapian No.               Letter of the Directorate General of
       UM.006/3/2/K2/DJKA/ 2024 tanggal 2 April                  Railways No. UM.006/3/2/K2/DJKA/2024
       2024 perihal Surat Tagihan PNPB Terutang                  dated April 2, 2024 regarding the PNPB
       Biaya        Penggunaan           Prasarana               Invoice Letter for Fees for Using State-
       Perkeretapian Milik Negara/ Track Access                  Owned Railway Infrastructure/ PT Railink's
       Charge (TAC) PT Railink Tahun 2023,                       Track Access Charge In 2023, with the
       dengan        penjelasan       Permohonan                 explanation that PT Railink's 2023 PNPB
       Keringanan PNPB Biaya Penggunaan                          Reduction Application for Use of State-
       Prasarana Perkeretaapian Milik Negara/                    Owned Railway Infrastructure Track
       Track Access Charge PT Railink Tahun                      Access Charge cannot be approved.
       2023 tidak dapat disetujui.

                                                     166
Page 831
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

52. Informasi Penting Lainnya (Lanjutan)                   52. Other Important Information (Continued)

    c. Backlog           Biaya          Perawatan            c. Backlog    of    Infrastructure          and
       dan        Pengoperasian         Prasarana               Maintenance Operation (IMO)
       Perkeretaapian Milik Negara (IMO)
       Perusahaan saat ini sedang melakukan                      The Company is currently making efforts to
       upaya untuk melakukan penagihan atas                      collect the Backlog of Infrastructure and
       Backlog       Biaya      Perawatan      dan               Maintenance Operation (IMO) of State-
       Pengoperasian Prasarana Perkeretaapian                    owned Railway Infrastructure for the 2015-
       Milik Negara (IMO) Tahun Anggaran 2015-                   2022 Fiscal Year through a Review by the
       2022     melalui    Review    oleh   Badan                Financial and Development Supervisory
       Pengawasan Keuangan dan Pembangunan                       Agency (BPKP). The IMO Cost Backlog
       (BPKP). Backlog Biaya IMO muncul                          arises due to the realization of IMO Costs
       dikarenakan realisasi Biaya IMO yang                      incurred by the Company based on the
       dikeluarkan oleh Perusahaan berdasarkan                   absolute costs that must be incurred to
       kebutuhan biaya yang mutlak harus                         carry out maintenance and operation of
       dikeluarkan untuk melakukan perawatan                     railway infrastructure in order to ensure the
       dan         pengoperasian         prasarana               security and safety of train travel, while
       perkeretaapian dalam rangka menjamin                      reimbursement of IMO costs carried out by
       keamanan dan keselamatan perjalanan                       the Government is equal to the contract
       kereta api, sementara penggantian biaya                   value where this value limited by budget
       IMO yang dilakukan oleh Pemerintah                        allocations in the APBN as per Presidential
       sebesar nilai kontrak dimana nilai tersebut               Regulation (Perpres) No. 53/2012.
       dibatasi oleh alokasi anggaran dalam APBN
       sebagaimana Peraturan Presiden (Perpres)
       No. 53/2012.

       Perusahaan mendapat dukungan dari                         The Company received support from the
       Kementerian BUMN sebagai pemegang                         Ministry of Stated-own Enterprise as the
       saham utama Perusahaan melalui surat                      Company's main shareholder through a
       tanggal 29 Desember 2023 kepada BPKP                      letter dated December 29, 2023 to BPKP to
       untuk melakukan review atas Backlog IMO.                  conduct a review of the IMO Backlog.

       Pada tanggal 22 Februari 2024, telah terbit               On February 22, 2024, Presidential Decree
       Peraturan Presiden No. 33/2024 tentang                    No. 33/2024 on the Third Amendment to
       Perubahan Ketiga atas Peraturan Presiden                  Presidential Regulation No. 53/2012 was
       No. 53/2012. Berdasarkan peraturan                        issued. Based on the regulation, the
       tersebut, Perusahaan dapat mengajukan                     Company can submit a proposal for
       usulan kurang bayar atas IMO tahun 2023                   underpayment of IMO for 2023 and
       dan tahun-tahun berikutnya setelah melalui                subsequent years after going through the
       evaluasi Kementerian Perhubungan dan                      Ministry of Transportation's evaluation and
       review BPKP.                                              BPKP's review.

       Pada     tanggal    26   Februari   2024,                 On February 26, 2024, the Company has
       Perusahaan telah mengirimkan surat                        sent a letter requesting payment of the
       Permohonan Pembayaran Selisih Kurang                      difference in the cost of operation and
       Biaya Pengoperasian dan Perawatan                         maintenance of state-owned railway
       Prasarana Perkeretaapian Milik Negara                     infrastructure (IMO) in 2023 amounting to
       (IMO)       Tahun       2023      sebesar                 Rp3,294,304,356 which is currently still in
       Rp3.294.304.356 yang saat ini masih dalam                 the BPKP review process and is expected
       proses review BPKP dan diharapkan dapat                   to be completed in 2024.
       selesai pada tahun 2024.




                                                     167
Page 832
PT KERETA API INDONESIA (PERSERO)                                  PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                        AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                             NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                             FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                         For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                         December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)              (In Thousand of Rupiah, Unless Otherwise Stated)

53. Standar Akuntansi yang Telah Disahkan                   53. Accounting Standard has been Issued not
    Namun Belum Berlaku Efektif                                 Yet Effective

    Amandemen dan revisi atas standar yang                     Amendment and revised to standards which
    berlaku efektif untuk periode yang dimulai pada            effective for periods beginning on or after
    atau setelah 1 Januari 2024, dengan                        January 1, 2024, with early adoption is
    penerapan dini diperkenankan yaitu:                        permitted, are as follows:
    • Amendemen PSAK 1: Penyajian Laporan                      • Amendments PSAK 1: Presentation of
         Keuangan tentang Liabilitas Jangka                         Financial Statements related to Non-
         Panjang Dengan Kovenan;                                    Current Liabilities with Covenants;
    • Amendemen PSAK 73: Liabilitas Sewa                       • Amendments PSAK 73: Lease Liability in
         dalam Jual dan Sewa–Balik;                                 a Sale and Leaseback;
    • Amendemen PSAK 2: Laporan Arus Kas                       • Amendments PSAK 2: Statement of Cash
         dan PSAK 60: Instrumen Keuangan:                           Flows and PSAK 60: Financial Instrument:
         Pengungkapan        tentang    Pengaturan                  Disclosure regarding Supplier Finance
         Pembiayaan Pemasok;                                        Agreement;
    • Revisi PSAK 101: Penyajian Laporan                       • Revised PSAK 101: Presentation of
         Keuangan Syariah; dan                                      Shariah Financial Statements; and
    • Revisi PSAK 109: Akuntansi Zakat, Infak,                 • Revised PSAK 109: Accounting of Zakah,
         dan Sedekah.                                               Infaq, and Sadaqah

    Standar baru dan amendemen atas standar                    New standard and amendment to standard
    yang berlaku efektif untuk periode yang dimulai            which effective for periods beginning on or after
    pada atau setelah 1 Januari 2025, dengan                   January 1, 2025, with early adoption is
    penerapan dini diperkenankan yaitu:                        permitted, are as follows:
    • PSAK 74: Kontrak Asuransi;                               • PSAK 74: Insurance Contract;
    • Amendemen PSAK 74: Kontrak Asuransi                      • Amendments           PSAK     74:   Insurance
        tentang Penerapan Awal PSAK 74 dan                         Contract regarding Initial Application of
        PSAK 71 – Informasi Komparatif;                            PSAK 74 and PSAK 71 – Comparative
                                                                   Information;
    •   Amendemen      PSAK      10: Pengaruh                  • Amendments PSAK 10: Foreign Exchange
        Perubahan Kurs Valuta Asing tentang                        Rate regarding lack of exchangeability.
        kekurangan ketertukaran.

    Beberapa PSAK juga diamendemen yang                        Several PSAKs were also amended which
    merupakan amendemen konsekuensial karena                   were consequential amendments due to the
    berlakunya PSAK 74: Kontrak Asuransi, yaitu:               enactment of PSAK 74: Insurance Contracts,
                                                               as follows:
    • PSAK 1: Penyajian Laporan Keuangan;                      • PSAK 1: Presentation of Financial
                                                                  Statements;
    • PSAK 2: Laporan Arus Kas;                                • PSAK 2: Statement of Cash Flows ;
    • PSAK 13: Properti Investasi;                             • PSAK 13: Investment Property;
    • PSAK 15: Investasi pada Entitas Asosiasi                 • PSAK 15: Investment in Associated Entities
      dan Ventura Bersama;                                        and Joint Ventures;
    • PSAK 16: Aset Tetap;                                     • PSAK 16: Fixed Assets;
    • PSAK 19: Aset Takberwujud;                               • PSAK 19: Intangible Assets;
    • PSAK 22: Kombinasi Bisnis;                               • PSAK 22: Business Combinations;
    • PSAK 24: Imbalan Kerja;                                  • PSAK 24: Employee Benefits;
    • PSAK 48: Penurunan Nilai Aset;                           • PSAK 48: Impairment of Asset;
    • PSAK 50: Instrumen Keuangan Penyajian;                   • PSAK        50:    Financial  Instruments:
                                                                  Presentation;
    • PSAK 57: Provisi, Liabilitas Kontinjensi dan             • PSAK 57: Provisions, Contingent Liabilities
      Aset Kontinjensi;                                           and Contingent Assets;
    • PSAK 58: Aset Tidak Lancar yang Dikuasai                 • PSAK 58: Non-Current Assets Held for Sale
      untuk Dijual dan Operasi yang Dihentikan;                   and Discontinued Operations;


                                                      168
Page 833
PT KERETA API INDONESIA (PERSERO)                                PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                      AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                           NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                           FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                       For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                       December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)            (In Thousand of Rupiah, Unless Otherwise Stated)

53. Standar Akuntansi yang Telah Disahkan                 53. Accounting Standard has been Issued not
    Namun Belum Berlaku Efektif (Lanjutan)                    Yet Effective (Continued)

    • PSAK      60:    Instrumen    Keuangan:                • PSAK      60:   Financial     Instruments:
      Pengungkapan;                                            Disclosures;
    • PSAK 71: Instrumen Keuangan;                           • PSAK 71: Financial Instruments;
      PSAK 72: Pendapatan dari Kontrak dengan                  PSAK 72: Income from Contracts with
      Pelanggan.                                               Customers.

    Hingga      tanggal    laporan    keuangan               As at the date of the consolidated financial
    konsolidasian ini diotorisasi, Grup masih                statements being authorized, the Group is still
    melakukan evaluasi atas dampak potensial dari            evaluating the potential impact of the adoption
    penerapan standar baru dan amendemen                     of new standards and amendments these
    standar tersebut.                                        standards.

    DSAK-IAI juga mengesahkan perubahan                      DSAK-IAI also ratified changes to the
    penomoran PSAK dan ISAK yang berlaku                     numbering of PSAK and ISAK which will be
    efektif pada 1 Januari 2024, dimana perubahan            effective on January 1, 2024. This change
    ini tidak memengaruhi substansi pengaturan               does not affect the substance of the
    dalam masing-masing PSAK dan ISAK                        requirement in each in PSAK and ISAK.
    tersebut.


54. Peristiwa Setelah Tanggal Pelaporan                   54. Event After the Reporting Date

    a. Pencairan      Pinjaman    dari  China               a. Received
                                                                 a.          Loan Disbursement from
       Development Bank                                        China Development Bank
       Pada      tanggal   7   Februari  2024,                 On February 7, 2024, the Company has
       Perusahaan telah menyalurkan Pinjaman                   disbursed the Shareholder Loan in
       Pemegang Saham tersebut sesuai dengan                   accordance with the loan disbursement
       pencairan      pinjaman    dari   China                 from China Development Bank in the
       Development Bank sejumlah:                              amounted:
       a. Fasilitas A senilai USD230.995.000;                  a. Facility A worth USD230,995,000; and
          dan
       b. Fasilitas B senilai RMB1.542.787.560                  b. Facility B worth RMB1,542,787,560 or
          atau setara dengan USD217.080.000.                       equivalent to USD217,080,000.

    b. Pergantian Susunan Dewan Komisaris                   b. Changes in the Composisition of the
       dan Direksi                                             Company’s Board of Commissioners
                                                               and Director
        Berdasarkan Surat Keputusan Menteri                    Based on the Decree of the Minister of
        BUMN Selaku Rapat Umum Pemegang                        SOEs as the Company’s General Meeting
        Saham       Perusahaan     No.     SK-                 of Shareholders No. SK-61/MBU/03/2024
        61/MBU/03/2024 tanggal 5 Maret 2024                    dated March 5, 2024, it was determined
        tentang Pemberhentian dan Pengangkatan                 that the Dismissal and Appointment of
        Anggota Dewan Komisaris dan Anggota                    Members of the Board of Commissioners
        Direksi sebagai berikut:                               and Members of the Board of Directors as
                                                               follows:
       a. Memberhentikan dengan hormat Riza                    a. Honorable discharge Riza Primadi as
          Primadi       sebagai    Komisaris                       Independent Commissioner; and
          Independen; dan
       b. Mengangkat Elen Setiadi sebagai                       b. Appoinment Elen Setiadi as Company’s
          Komisaris Perusahaan.                                    Commissioner.




                                                    169
Page 834
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

54. Peristiwa    Setelah   Tanggal     Pelaporan           54. Event After the Reporting Date (Continued)
    (Lanjutan)

        Berdasarkan Surat Keputusan Menteri                      Based on the Decree of the Minister of
        BUMN Selaku Rapat Umum Pemegang                          SOEs as the Company’s General Meeting
        Saham Perusahaan No. SK-62/MBU/                          of Shareholders No.SK-62/MBU/03/2024
        03/2024 tanggal 5 Maret 2024, tentang                    dated March 5, 2024, regarding the
        Pemberhentian      dan     Pengangkatan                  Termination and Appointment of Members
        Anggota-anggota Direksi PT Kereta Api                    of the Board of Directors of PT Kereta Api
        Indonesia (Persero) sebagai berikut:                     Indonesia (Persero) are as follows:
        1. Memberhentikan      dengan      hormat                1. Honorable discharge the names below
           nama-nama di bawah ini sebagai                            as members of the Company's Board of
           anggota Direksi Perusahaan:                               Directors:
           a. Suparno sebagai Direktur SDM dan                       a. Suparno as Director of Human
              Umum; dan                                                 Capital and General Affairs; and
           b. Sandry     Pasambuna        sebagai                    b. Sandry Pasambuna as Director of
              Direktur     Keselamatan        dan                       Safety and Security.
              Keamanan.
        2. Mengangkat nama-nama di bawah ini                     2. Appointment of the names below as
           sebagai anggota Direksi Perusahaan:                      members of the Company's Board of
                                                                    Directors:
           a. Rosma Handayani sebagai Direktur                      a. Rosma Handayani as Director of
              SDM dan Umum; dan                                        Human Capital and General Affairs;
                                                                       and
           b. Dadan Rudiansyah sebagai Direktur                     b. Dadan Rudiansyah as Director of
              Keselamatan dan Keamanan.                                Safety and Security.

        Pemberhentian       dan     pengangkatan                 The dismissal and appointment of
        Anggota Dewan Komisaris dan Anggota                      Members of the Board of Commissioners
        Direksi tersebut telah disahkan melalui                  and Members of the Board of Directors
        Akta No. 104 tanggal 20 Maret 2024 di                    have been validated through Deed No. 104
        hadapan Nining Puspitaningtyas, S.H.,                    dated March 20, 2024 in front of Nining
        Sp.1., M.H., Notaris di Bandung yang telah               Puspitaningtyas, S.H., Sp.1., M.H., Notary
        mendapat persetujuan dari Kementerian                    in Bandung which has been approved by
        Hukum dan Hak Asasi Manusia dengan                       the Ministry of Law and Human Rights with
        Surat Keputusan No. AHU-AH.01.09-                        Decree No. AHU-AH.01.09-0113858 dated
        0113858 tanggal 21 Maret 2024.                           March 21, 2024.

    c. Pergantian Susunan Komite Audit                       c. Changes
                                                                 d.          in the Composisition of the
                                                                Audit Committee
        Berdasarkan Surat Keputusan Dewan                       Based on the Decree of the Board of
        komisaris Nomor 06/CH/DEKOM/III/2024                    Commissioner No. 06/CH/DEKOM/III/2024
        tanggal    20    Maret    2024     tentang              dated March 20, 2024, regarding the
        Pemberhentian      dan      Pengangkatan                Termination and Appointment of Members
        Anggota Komite Audit PT Kereta Api                      of the Audit Committee of PT Kereta Api
        Indonesia (Persero) sebagai berikut:                    Indonesia (Persero) as follows:
         a. Memberhentikan dengan hormat Riza                   a. Honorable discharge Riza Primadi as
            Primadi sebagai Ketua Komite Audit;                      Chairman of the Audit Committee;
         b. Mengangkat Rochadi sebagai sebagai                  b.a. Appoinment Rochadi as Chairman of
            Ketua Komite Audit; dan                                  the Audit Committee; and
         c. Mengangkat Endang Tirtana sebagai                   c. Appoinment Endang Tirtana as Member
            anggota Komite Audit.                                    of the Audit Committee;
                                                                  b.
                                                                  c.
                                                                  d.
                                                                  e.


                                                     170
Page 835
PT KERETA API INDONESIA (PERSERO)                                 PT KERETA API INDONESIA (PERSERO)
DAN ENTITAS ANAK                                                                       AND SUBSIDIARIES
CATATAN ATAS LAPORAN KEUANGAN                                            NOTES TO THE CONSOLIDATED
KONSOLIDASIAN (Lanjutan)                                            FINANCIAL STATEMENTS (Continued)
Untuk Tahun-Tahun yang Berakhir                                                        For the Years Ended
Pada Tanggal 31 Desember 2023 dan 2022                                        December 31, 2023 and 2022
(Dalam Ribuan Rupiah, Kecuali Dinyatakan Lain)             (In Thousand of Rupiah, Unless Otherwise Stated)

54. Peristiwa    Setelah   Tanggal     Pelaporan           54. Event After the Reporting Date (Continued)
    (Lanjutan)
                                                                 f.
    d. Pergantian Susunan Komite Pemantau                    d. Changes
                                                                 d.      in the Composisition of the
       Manajemen Risiko                                         Risk Management Monitoring Commitee

         Berdasarkan Surat Keputusan Dewan                        Based on the Decree of the Board of
         komisaris Nomor 07/CH/DEKOM/III/2024                     Commissioner No. 07/CH/DEKOM/III/2024
         tanggal   21     Maret   2024    tentang                 dated March 21, 2024, regarding the
         Pemberhentian      dan    Pengangkatan                   Termination and Appointment of Members
         Anggota Komite Pemantau Manajemen                        of the Risk Management Monitoring
         Risiko PT Kereta Api Indonesia (Persero)                 Committee of PT Kereta Api Indonesia
         sebagai berikut:                                         (Persero) as follows:
         a. Memberhentikan      dengan     hormat                 a. Honorable discharge Endang Tirtana as
             Endang Tirtana sebagai anggota                          member of the Risk Management
             Komite Pemantau Manajemen Risiko;                       Monitoring Committee; and
             dan
         b. Mengangkat Elen Setiadi sebagai                       b. Appoinment Elen Setiadi member of
             sebagai anggota Komite Pemantau                         the Risk Management Monitoring
             Manajemen Risiko.                                       Committee.

    e. Pemeringkatan atas Obligasi                           e. Rating of Bonds
       Pada 3 April 2024, Obligasi I seri B Tahun               As of April 3, 2024, the Company Bond I
       2017, Obligasi II seri A dan B Tahun 2019                series B Year 2017, Bond II series A and B
       serta Obligasi Berkelanjutan I Tahap I Seri              Year 2019 and Continuing Bonds I series A
       A dan Seri B Tahun 2022 Perusahaan                       and B Year 2022 is rated "AAA" by
       mendapatkan peringkat "AAA" dari                         PEFINDO for the period April 2, 2024 until
       PEFINDO untuk periode 2 April 2024                       April 1, 2025.
       hingga 1 April 2025.

    f.   Pemeringkatan atas Sukuk Ijarah                     f.   Rating of Sukuk Ijarah
         Pada 3 April 2024, Sukuk Ijarah                          As of April 3, 2024, Continuing Sukuk Ijarah
         Berkelanjutan I Seri A dan Seri B Tahun                  I series A and B Year 2022 the Company is
         2022 Perusahaan mendapatkan peringkat                    rated "AAA" by PEFINDO for the period
         "AAA" dari PEFINDO untuk periode 2 April                 April 2, 2024 until April 1, 2025.
         2024 hingga 1 April 2025.


55. Tanggung     Jawab   Manajemen   dan                   55. Management’s Responsibility and Approval
    Persetujuan   atas Laporan  Keuangan                       of the Consolidated Financial Statements
    Konsolidasian

    Penyusunan dan penyajian wajar laporan                    The preparation and fair presentation of the
    keuangan konsolidasian merupakan tanggung                 consolidated financial statements were the
    jawab manajemen dan telah disetujui oleh                  responsibilities of the management and were
    Direksi untuk diterbitkan pada tanggal                    approved by the Directors for issuance on
    18 Juni 2024.                                             June 18, 2024.




                                                     171
Page 836
PT KERETA API INDONESIA (PERSERO)

JL. Perintis Kemerdekaan No. 1
Bandung 40117
PO Box 1163 Bandung 40000
Telp       : 022-4230031,4230039
Teleks : 28263, 28358
Fax       : 022-4203342 Toka 10039

Website : www.kai.id
Email : kontak_pelanggan@kereta-api.co.id

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Names mentioned 161 people and organisations named in the text · linked when the evidence is strong

linked org PT Kereta Api Indonesia (Persero) p.1 ×373
linked org PT Bukit Asam p.12 ×2
linked org Blue Bird Tbk p.23 ×2
linked person Heru Kuswanto p.54 ×8
linked person SAID AQIL SIROJ p.61 ×5
linked person Endang Tirtana | Komisaris Independen · Komisaris Independen p.72 ×6
linked person Johan Sirait · Komisaris p.73 ×5
linked org Pemerintah RI p.80 ×7
linked org Bank Syariah Indonesia p.126
linked person Amalia Setyanti Lestari p.222 ×2
linked org PT Bank Mandiri (Persero) p.231
possible person Rudi · Direktur p.55 ×3
possible person Rochadi · Komisaris Independen p.72
possible org pemerintah Republik Indonesia p.76 ×4
possible person Achmad Yani p.77
possible org PT Kereta Api Api Indonesia (Persero) p.118 ×4
possible org Bank Syariah Indonesia Indonesia Tbk. p.126 ×2
possible org Negara Republik Indonesia p.128
possible org PT Taspen p.198
possible org Otoritas Jasa Keuangan p.229
possible org PT Bank Rakyat Indonesia p.231 ×3
possible org PT Pertamina (Persero) p.231
unresolved org PT Kereta p.3 ×11
unresolved org PT Kereta Api p.5 ×11
unresolved org PT KAI p.8 ×13
unresolved org Bank Jateng p.11 ×6
unresolved org PT KAI. Selama p.12
unresolved org Kantor Akuntan Publik Hubungan Afiliasi Anggota Direksi p.15
unresolved org PT Kereta Api Indonesia Rolling Stock p.21
unresolved org PT Mass Rapid Transit p.23
unresolved org Menteri Badan Usaha Milik Negara Nomor S- p.29
unresolved org Minister of State-Owned Enterprises Number S- p.29
unresolved org PT KCIC p.29 ×4
unresolved org PT PSBI p.29 ×3
unresolved org PT PSBI. This p.29
unresolved org Menteri Keuangan. p.29
unresolved org Minister of Finance. p.29
unresolved org Bank Ijarah p.31 ×2
unresolved org Directorate General of Railways p.45
unresolved org Kementerian BUMN p.49 ×5
unresolved org Ministry of State-masih p.49
unresolved org PT BA p.49 ×2
unresolved org Menteri p.51
unresolved org Minister of State-Owned Enterprises Milik Negara Nomor PER- p.51
unresolved org PT KAI's ESG Roadmap p.52
unresolved org Menteri BUMN Selaku p.54
unresolved org Milik Negara p.54 ×4
unresolved org Menteri Badan Usaha Milik Negara p.54 ×2
unresolved org Minister of State-Owned Per- p.54
unresolved person Eko Purwanto p.54
unresolved person Eko p.54
unresolved org PT Industri Kereta p.54
unresolved org PT Industri Kereta Api (Persero) p.54
unresolved person Didiek Hartantyo · President Director p.54 ×5
unresolved org Minister of State-Owned Enterprises Nomor SK- p.55
unresolved person Notary Nining Puspitaningtyas p.55
unresolved person Puspitaningtyas p.55
unresolved person John p.55
unresolved person John Robertho's p.55
unresolved — Robertho · Direktur p.55
unresolved person Hadis Surya Palapa · Direktur p.58
unresolved person Awan Hermawan Purwadinata · Direktur p.58 ×2
unresolved org PT KAI's p.63
unresolved org Kementerian Badan Usaha Milik Negara p.68
unresolved person Riza Primadi · Komisaris Independen p.72 ×3
unresolved person Mohamad Risal Wasal · Komisaris p.72 ×2
unresolved person Sri Paduka Mangkoenagoro X · Komisaris p.73
unresolved person Diah Natalisa · Komisaris p.73
unresolved person Chairul Anwar · Komisaris p.73
unresolved org Kementerian Perhubungan p.76 ×5
unresolved org Ministry of Transportation p.76 ×6
unresolved person Ir. Djuanda p.80 ×2
unresolved person Soewahjo Soemodilogo p.80
unresolved org Railway Public Corporation p.80
unresolved org Menteri Negara Badan Usaha Milik p.80
unresolved org Menteri Hukum dan Hak Asasi Manusia p.80
unresolved org Minister of Law and Human Rights p.80
unresolved org Menteri Perhubungan Tenaga dan Pekerjaan Umum D p.81
unresolved org Minister of Transportation and Public Works p.81
unresolved org Government of the Republic of Indonesia p.81 ×10
unresolved person Koordinasi · Komisaris p.82
unresolved org Menteri BUMN No. SE- p.83
unresolved person Minister of SOENo. SE- p.83
unresolved org Minister of State-Negara Badan Usaha Milik Negara p.84
unresolved org Kementerian Hukum dan Hak p.84
unresolved org Ministry of Law and Human Asasi Manusia p.84
unresolved org PT Kereta Commuter p.87
unresolved org PT Kereta Commuter Indonesia p.87 ×3
unresolved org PT Railink p.87 ×4
unresolved org PT Kereta Api Pariwisata. p.87 ×3
unresolved org PT Reska Multi p.89 ×2
unresolved org PT Kereta Api Logistik p.89 ×2
unresolved org Angkutan Multimoda p.89
unresolved org PT RMU p.97
unresolved org PT KCI p.97
unresolved org PT KALOG p.97
unresolved org PT KAPM p.97
unresolved org PT KA WISATA p.97
unresolved org PT RMU REL PRABUMULIH p.100
unresolved person Didiek · Direktur Utama p.112 ×2
unresolved person Hartantyo · President Director p.112 ×2
unresolved person Awan · Direktur p.112
unresolved — Purwadinata p.112
unresolved — Sandry p.113
unresolved — Pasambuna p.113
unresolved — tahun 2023, komposisi Direksi Perseroan mengalami p.113
unresolved org Menteri BUMN p.113 ×6
unresolved org Minister of State-Owned Enterprises p.113 ×3
unresolved — SK-27/ MBU/02/2023 tentang Pemberhentian, Pengalihan p.113
unresolved — Tugas, dan Pengangkatan Anggota-Anggota p.113
unresolved org 15 Februari 2023, serta Keputusan Menteri BUMN p.113
unresolved — selaku RUPS Perseroan Nomor SK-322/MBU/11/2023 p.113
unresolved — tentang Pengalihan Tugas Anggota-Anggota p.113
unresolved — Pengalihan Tug · Anggota p.113
unresolved — 28 November 2023, dengan alasan penataan p.113
unresolved — lulus Uji Kelayakan dan Kepatutan (UKK) oleh p.113
unresolved org Ministry of State-Owned Enterprises. p.113 ×2
unresolved org Menteri BUMN N p.114
unresolved org Menteri BUMN No. SK- · Komisaris Independen p.114 ×15
unresolved person Niaga · Direktur Niaga p.114 ×2
unresolved org Minister of State-Owned Selaku RUPS Perseroan No. SK- p.118 ×3
unresolved org PT Indonesia (Persero) p.118
unresolved org Ministry of Perhubungan p.118 ×2
unresolved person Prasarana · Direktur p.118
unresolved org PT Jamkrindo p.121 ×2
unresolved org PT Menara Medika Pratama p.123 ×4
unresolved org PT Kereta Api Indonesia Sekarang p.123
unresolved — Wasal p.124
unresolved org PT Kereta Keputusan Menteri BUMN Nomor SK- p.125
unresolved org Menteri BUMN Nomor SK- · Komisaris p.125 ×3
unresolved org Ministry of SOE p.125
unresolved org Kementerian Koordinator Bidang Perekonomian. p.125
unresolved person Enforcement · Komisaris p.125
unresolved person SOE Ministerial Decree No. SK- · Commissioner p.125 ×10
unresolved person Sri Padua · Komisaris Independen p.126
unresolved org PT Kereta Api Surat Keputusan Menteri BUMN p.126
unresolved — Rudiansyah · Direktur p.126
unresolved person Rosma Handayani · Direktur p.126 ×3
unresolved org PT Kereta Api Indonesia SDM p.126
unresolved person Dadan Rudiansyah · Direktur p.126 ×3
unresolved org PT Bank Syariah p.126
unresolved org PT Sinergi BUMN Indonesia p.221
unresolved org Menteri Badan Usaha Milik p.221 ×2
unresolved org Minister of State-Negara Selaku Rapat Umum Pemegang Saham p.221 ×2
unresolved person Suparno · Direktur p.221 ×4
unresolved person Sandry Pasambuna · Direktur p.221 ×4
unresolved — Independent Elen Setiadi · Komisaris p.221 ×11
unresolved org PT Api Indonesia (Persero) p.222
unresolved person Miranti Gani. p.222 ×2
unresolved person Satia Indrarini p.222 ×2
unresolved org Direktorat Jenderal Perkeretaapian p.222
unresolved org Ministry of Finance p.222
unresolved org Financial Services Authority p.229
unresolved org Current (Persero) Tbk p.231
unresolved org Biaya Kesehatan Pegawai (Persero) Tbk p.231
unresolved org Penghasilan Lainnya Tbk p.231
unresolved org PT Bank Tabungan p.231
unresolved org Negara (Persero) Tbk p.231
unresolved org PT BPRS Baiturridha p.231
unresolved org PT Indonesia Asahan p.231

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